Surfside Resort Condominium Trust CALL FOR NOMINATIONS

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1 August 2014 CALL FOR NOMINATIONS Enclosed is a Candidate Nomination Form which must be completed by any owner who wishes to be on the ballot to run for one (1) Board position, for a three (3) year term. Please remember that participation as a Trustee does not include compensation for one s time, but does require a lot of love and caring for Surfside Resort. You must be willing to attend meetings at the Resort, telephonically or at locations deemed most convenient to a majority of the Board. Our next Owners Annual Meeting is scheduled for Saturday, October 26, 2014, 10:00 p.m. at Christ the King Church. Prior to this meeting you will receive a short biography on the candidates. Enclosed with that mailing will be a Proxy to use if you cannot attend the Annual Owners Meeting. It is most important that you return the Proxy if you cannot attend. We, the current Trustees, wish to thank our fellow owners who have been of tremendous support to us in the past. Please return the Nomination Form by September 1, 2014 to the following address: Secretary c/o Vacation Resorts International Post Office Box 399 Hyannis, MA Timeshare Owner Updates Our team of timeshare experts will be contacting you when there is an update meeting in your area. This the perfect time to get a timeshare check-up, making sure you get the most out of your ownership, and to find out what s new in timesharing and how these changes may affect you. InnSeason Resorts and timeshare in general are constantly adding resorts, as well as new features and benefits to make the timeshare experience easier and more enjoyable. An owner update is the best way to learn about these changes and ask about what is important to you. For more information call r u o Y Mark ars! d n e l a C Surfside Resort Condominium Trust Annual Meeting Save the Date! Saturday October 25, :00 a.m. Christ the King Church Please mark this date on your calendar and plan to attend. Further information on the Annual Meeting will be included in the next edition of the newsletter. Inside This Issue Changing of the Guard From Your General Manager 2014 Improvements Pre-Payment Plan Option Change of Ownership Policy Weeks Calendar Candidate Nomination Form

2 Changing of the Guard I am sad to inform you that Michael MacDonald has left InnSeason Resorts Surfside as General Manager. Michael was with us for about four years overseeing both InnSeason Resorts Surfside and Captain s Quarters. Michael s tireless efforts will surely be missed. We wish him the best of luck as he pursues the next step in his career. To fill Michael s shoes, please join me in welcoming Timothy Sieurin as the new General Manager for InnSeason Resorts Surfside. Tim brings with him over ten years experience in hospitality operations and has literally worked in every department at a resort. Joining our Falmouth Team under former General Manager John Phillips, Tim was the Front Office Manager, Assistant General Manager and, for the last five years, General Manager at InnSeason Resorts HarborWalk. I am confident you will find him worthy. Tim has already dug in and been instrumental in helping coordinate the many renovation projects that are underway. Indoor pool, Jacuzzi, unit flooring and kitchen counters are among the many improvements we have been working on. Please see the detailed list of improvements as well as the proposed 2015 improvements included in this newsletter. If you are on property, please introduce yourself to Tim. He should be easy to spot as his hands on approach has him on the grounds and in the rooms constantly. Yours In Hospitality, Stephen Furrer Director of Resorts Vacation Resorts International From Your General Manager Hello all, my name is Tim Sieurin and I am the new General Manager of InnSeason Resorts Surfside. I have the pleasure of living on beautiful Cape Cod with my lovely wife Rali and new baby Sammy. For the last ten plus years, I have worked with InnSeason Resorts. First cutting my teeth as a front desk agent at InnSeason Resorts Pollard Brook and since then have worked in housekeeping, maintenance and even construction as I have worked my way up to resort manager. Over the past 5 years I have been the General Manager at InnSeason Resorts Harborwalk. I am really looking forward to the challenge of working at an oceanfront resort. Since hitting the ground running in April, I stepped into several exciting projects that I and the team have been working on to make your vacation experience an enjoyable one for years to come. You will be pleased to know that we have upgraded the WIFI throughout the resort and, yes, it is now complimentary! In the units we have completely updated all the flooring along with living spaces receiving a Cape Cod cottage look as well as beach themed bedroom carpet and bathroom flooring. As you may remember, wherever possible the queen size beds have been replaced with kings and now new style headboards have been installed. Additionally, we are 2 in the process of installing granite countertops in every kitchen as well as deeper sinks to give the rooms a more updated look. In 2015 there will be many exciting projects that we are in the process of planning. Surfside is looking at installing new couches in every unit as well as updating tables, chairs, TV cabinets and window treatments among other things. I am confident you will enjoy your updated units. I am extremely excited for this opportunity to work at this beautiful resort and look forward to meeting and working with all the owners to continue to make your vacation at InnSeason Resorts Surfside an enjoyable one for years to come. Sincerely, Tim Sieurin General Manager, InnSeason Resorts Surfside August 2014

3 InnSeason Resorts Surfside 1014 Improvements The following improvements have been completed for the 2014 year: Indoor pool and Jacuzzi resurfaced and re-tiled Renovate pool bathrooms Hot water tank 400 building Outdoor pool heater Outdoor pool fence One set of septic backup pumps rebuilt WIFI system (now complimentary) Various administrative and common facilities flooring Various landscape improvements Flooring in unit living space, bedrooms and bathrooms 15 studio refrigerators New style headboards for beds Granite kitchen countertops (still in progress as access to units allow) Kitchen faucets (still in progress as access to units allow) Being considered for 2015 season: Curved shower curtain rods Kitchen cabinet drawer pulls Concrete entry walkways 400 & 500 buildings New couches and dining room chairs Selected dining tables New TV cabinets New slider drapery Studio cooktops (flush mount glass - as needed) Bedroom TV (LCD flat panel - as needed) August

4 Presorted First-Class Mail U.S. Postage PAID Permit #58 Hyannis, MA c/o Vacation Resorts International P.O. Box 399 Hyannis, MA ADDRESS SERVICE REQUESTED Surfside Resort (508) Fax (508) General Manager - Tim Sieurin 508) Website Exchange Information Interval International (800) RCI (877) VRI*ety (888) Vacation Owner Services / VRI (800) Maintenance Fees Payment Plans Changes/additions to Ownership nememberservices@vriresorts.com Important Numbers and Vacation Resorts International (VRI) Managed by Vacation Resorts International Perfecting the Art of Hospitality Central Reservations (800) Information and Assistance Fixed Week Reservation Float Week Reservation Bonus Time Rental Program Deposits with Exchange Company innseason@vriresorts.com Still Need Assistance VRI Corporate Services (508) VRI Fax (508)

5 Remember the Pre-payment Plan Option Using the Pre-payment Plan option to pay your maintenance fee offers many benefits. 1. Your bill is split up into more manageable, monthly payments. 2. Avoid receiving one large bill during the holidays. 3. The earlier you sign up, the lower the monthly payment. For Example: - Sign up in January and pay about $50 per month for 12 months. - Sign up in June and pay about $100 per month for 6 months. So by the time next year s bill is due you will only owe a small amount for any increase in the new year s fees. No matter how you look at it, it s a wise choice to make. So simply go to login to the Online Owner s Area, choose the appropriate contract then look for the Monthly Payment Plan option on the left navigation. REMINDER: Change of Ownership Policy The economic conditions of the last few years have taken a toll on most with many families struggling to make ends meet on a regular basis. It is unfortunate that in desperate times there are those who seek to take advantage of families looking for relief. Over the last few years we have warned you about various scams where companies offer to take your timeshare week, usually for a fee somewhere between $3,000 and $5,000. These fraudulent companies may or may not actually transfer the week out of your name and to make matters worse they have no intention of ever paying the maintenance fees associate with the week. All this translates into problems and liability for you and for the Unit Owners Association. For example, if the week is not transferred out of your name you will still be responsible for the fees. If the week is transferred out of your name and the annual maintenance fees are not paid, then the Association has to foreclose on the week in order to clear the title and then attempt to re-sell the week to another dues paying member. The scams are numerous and varied in nature and even sound legitimate at times. These transactions are having a negative impact on the resort and its finances. WHAT YOU NEED TO KNOW After seeking legal counsel, the Pollard Brook Unit Owners Association has adopted a formal Change of Ownership Policy. As such, the following policies are necessary to allow the resort (1) to do appropriate background searches to identify the potential involvement of a Relief Company one which assumes ownership of an interval without a good faith intent to also assume and satisfy all of the assessment and ownership obligations associated with the transferred interval. (2) to recover the cost of such searches, and (3) to stop these transfers before they are finalized for the purpose of protecting the interests of all owners and the financial security of the resort. The policy is downloadable from the Online Owners Area on

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7 Candidate Nomination Form The following information is needed to place your name on the ballot for election to the Board of Trustees. This information will be summarized in the next notice mailed to all owners. Please be brief and write legibly. Name: (Please print) Interval Week(s) Owned: Address: City: State: Zip: Telephone Number(s): (Home) (Work/Cell) Address: Education: Qualifying Experience: Objectives: Candidate s Acceptance Signature: Date: Becoming a member of the Board of Trustees is a major responsibility and requires a firm commitment. Please do not volunteer unless you are willing and able to make this type of commitment to your Resort. In order to ensure that your name appears on the ballot for consideration by your fellow owners, this data must be received by the Secretary on or before September 1, Mail or fax this Candidate Nomination Form to: Secretary c/o Vacation Resorts International P.O. Box 399 Hyannis, MA Fax No.: PLEASE FOLD OVER, SECURE STAMP AND MAIL TO ADDRESS ON REVERSE

8 -Please Fold Here- PLACE STAMP HERE Please check if new address Secretary c/o Vacation Resorts International Post Office Box 399 Hyannis, MA Please Fold Here-