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<br /> g2�- :�c��soz �:���.�=«-�-.
<br /> Anree 8aat Aubdivision. �+�r;^:s��:rti,.•_�.a-
<br /> �1.�;,
<br /> 4. �onrd of v�Y9tl1:0Y.tlI w L Ae�a�o�ant. A eoard of `µ"ry'�s'`�`'�LL�-�-:'
<br /> '%!��"�l�-�.3j�LlL�A?':
<br /> Dieoators aonsisting o£ three (3� members shall he establiehad. �< "`T`ft�if��t "�;
<br /> Tho Aoard of Direators shall oonL•rol, by majority vote, Che �'�,�',���'•!jt�J� :yn'����'^
<br /> �"13',t'„�����di x Y k�C'.'`
<br /> maqagemont and operation of tLa AsaoaiaL•ion. The Aourd, in i.L•a Y -_, 3 �
<br /> nolo and abaoluCe dinoreL•ion, may Eix the amounti oE tho annual ��trJ_,t ,p�'��,�+_.'
<br /> ��` ' �
<br /> ass�satasnl: ne iollowat 11,1,,�rt"!.� ;' ;,_
<br />' A. P..a long ao Clpes 8 n:2�kessP�i�a siiaress �ri�t, the Ho�rd� of �FL,,;'�f� � �,,;,�
<br />- DireoLoxs may lovy an ar�n�a3 asassamanL. ,
<br />._ G'�S . �r Z' .; .
<br />- ll. From and after January 2 of tha ye-Ar i�ra��ediately »_� ,s F���`*`.
<br /> follouing tt:e �aaint at whi.cl� �11 Clz+ss ll momberahip aharea , * ��`�,��r;�`.'
<br />- shall aeane L•o �xiut, the maa�r.,tun annr.al aesesement rr�3y bo ��;F,'`t:�;�?7b`�1�,;;
<br />- e�:?�f •F.r3�..�
<br />- inareaaed eaci� gear in an amQ:*.nt not to exceed ten �raxcent ��i.:..}Fa?��k�{p�F�
<br /> (;08) at,ova tlie r.+aximu�a aseessnent for the preeious year. �,�{�{Sr1,,F �� r
<br /> w�U������i s�"• `
<br />' C. Fr�n and aftar sanuary 1 of ��:e yeur .im.r�zdi3ately r.,��y t� '
<br />� folZckie�g the point a� whiah all Cla:.� B mer.3rertship n.I�ares �FY ;¢?jx' +N, .
<br /> ahaa3 ceAae to oxist, tha maximum nranual ass�esa:nent ma be ;°y/�tar ;�ri1::�:=.��
<br /> Y 3''Sitf,. f?t� , _.
<br />:= ac�r�ased above ten parcent (108) only by a voCe of two°thirds ,.:�+�;� s �n-
<br />" (Bi3) of the membere who are votiny in poreon or by Proxy ut �,a•;f`s.�A� ' —
<br />_ � meeting duly called for, thin purpase. �LCy�;+;;.,jt�;�_,
<br />_ �,,��C';� �;����� � _„
<br />° D. 3s� nddition to the nnnuul aeaesament euthotizod above, � s j_•� � o"<r =�
<br />- the Aseaoiation may levy, in any uaeesamen� yenr� a apecial �jr�i��.C�� ��rrzo,��-
<br /> _ uaeessment applicable to thni: year only for t:ho purpoee of �`�%+!jJ'���+ - '
<br /> defra in , in wholo or art, �iee aoats oi ur�y aonatru.:tior., �"�f�� '�r`
<br /> Y 9 p ,fi t���, ,�, �
<br />- sopnir, re�].aaomonC, and normal maintenanae of c�pit•al ��f� ,, �aY
<br /> = imNrovemonte unon tho common nreaa, rondwa e, boat eli n or � St. ,l' `� r ;
<br /> = rampa, inoludi.ng £ixtur.oa nnd ��osoonal propezty zelaL•od ��j'nP�+'``k3���Y�i'
<br /> ��';f:� � �r ..
<br /> � thoreto, nny aeseoemant shall havo L•ho aseent of two-thirda ��.�1 x„� ��,A ,
<br /> � (2/3) of the votes of each alarsa oi• mombera lio ara oting in
<br /> pereon or by proxy At a maeting duly aalled fox this puzpose. �t '�t: ��}r����;",
<br /> B. eoth annual and speoial assesements must be fixod S}_;:�;:;ttji k'i
<br /> unLfozmly for all lot owners, except i£ cwo lote are aombined ,,�t� ' r, ,,.:;
<br /> = to form one largor loL•, �he nsaessment for thio newly iormad ,.i��,p�"�J�,y!``;v?
<br /> ' nmoii t for u�ain�lo ]ot n�Thiefnewl lformed lar ereloL•flslinll ,���r���'"�E��'`�;:.
<br /> ; 9 Y 9 . �.• t�T,���„
<br /> have one (1) alues A votinq memberohi�. ����R � y „ �_>'
<br /> �.
<br /> i•'. The nsnesements lovied by tha Asoociation ehall be uaed 'f,f>� �,�'
<br /> exc3ueively to promol•e the zecreation, liealth� oa£ei:y And k/YL�74�y�i;�� �:
<br /> -,, atxeets� ReneeeLake Anci ita bed,�nd to enforce t oecovenunte ����,.<f�l s���.,i.n'�.r:-�
<br /> to preserva the uppearance of. the development for the benefit �r :�l�,y f,�;S1 -;
<br /> of ull tlie reaidente of the coRmunity. The usaeeamente loviad � ': �+4�� ;
<br /> � by the Aseocintion ah�ll be vsed for, but not limit�d to, � -} ^ �J'�'
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