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<br /> ;� Thn fiiing o£ a xnntaz Aaod creaLinq a con�aasini�^tiProper y peqt�e qa LvCS Five (5) tLrough 8lavsn (11)� �k��y
<br /> D1ceK 7va (21i HXentvqoq Second auhdivirivn� C'.Cy .:;t vc-...3 _ .-.-_ ..c12 �"ou���r Wn6ra.ks� .hall wutenaYiCally k��:
<br /> ���� azter.d !'�e ��iziediction oi thi.� Emieowne�e Aaeociation tv Sntictde *heµnevly created Condomiaium PYapaxty Regima. ���
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<br /> � Vpon nuc'r, nx!enaion, the folloving st.all apply:
<br /> (nj ...� ..��,.���..._-- .- ,�at of repaire and :a:.RYrr.�--...-� a.iu a-= ntnor axpaneen��ehall be allactted ta
<br /> � i tLe particular„Condominzum,Prcper^y Regime zn._-;._:•.� .._ �_�:,iiL�-:� frcm the eema. If mnxe than
<br /> , oae benefits� then th5 expensa shall be proxated becwa..r. the 6enafiting Condas¢inium Regimae in .�`�;�:/
<br /> proposticn ta the benefita of each ae rea4atl7ihly deteFmined bp Yhe Soa,[d of 7L�irtietxeEor�. Tha
<br /> cxpenses allntaT.ed to a particular Propexty A3qzae sha11 be pnid ae nllxa�e3 actoxdinq to the
<br /> Haeter D�ed far that Regime. 'y;���s.,w
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<br /> (h) The number pf vptpa tor the expanded Aaex�.at:c,n shall be the aggrage:e nvmber of votaa in aeCh � �"k
<br /> ��j ar.perate Rnqime naking up thn Aeeuczatien end st mseCinge af the expsnded Ar�nciation� the rulaa y�,b��,s ,
<br /> �„ j fnr e quon:m� far datez�ciining whether a-i actian eha2L Lc taken, for alecciucs of ths mamber� oi � �,�°�'
<br /> 9 thn Bonrd o£ Aclmzaiatratore� and all ether puxpoaee ehall be as�i■ provi.ded ia thrsa Bp-7..�va�
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<br /> coaet�ae�l on the expanded nuaJaex of aggregate votee. .
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<br /> � (e) When only vtto (1) Regime ie affccted by a daciaian e� the expanded Anax£atioa� then the Hoacd
<br /> [�f Directorc may� but eha7.7. not r.eceesarlly be requited :a� neek the lpproval of only tho oKnese �y� 4''�
<br /> . ., ia that affected Rr.gime. ' �+ ;., �.
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<br /> N2TYCL. IV. OFF_C-^..i� � � . � ,�'�,
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<br /> . . Gac'�.on 1. Penlq^a*ion. � q �ar.4•.�
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<br /> �. 1 .�ihe af:icern af k!�o nneaciation ahnll cor.niat af a �-yszc:nn'� Vice P;epident,� Sacsetax'y snd TreaeureY `` �" '��(.
<br /> � and cuch n3@itional ofEicers au the Ad:.inz�s:ratp�a ahall �rc� t�^.e to �iae deYso r.ecees[sy. Any perevn n.�ay hald �
<br /> ���.� �two or cloro oiYicee, hut no ane perean ahall hold tha off�cee o: P2'ea:.drnt and Secretary nimultaneounly. Membera k
<br /> �: �y of the Bourd of Adnin�atratoce may a].ed ba afficera_ Tno .rceident may be electe���fz'oea the metabexa of. tha Boazd � ';y, �^���
<br /> .. �� o£ Au':a.inintrnTara. � . � . t'i,:.
<br /> � ncti.�r. 2. F•7nc-�inn. � , �
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<br /> ihe oEficers of Yhe Asnoeiatlon nha11 be elected ar.nuallp by a majoYity'�'ate of the Board of .
<br /> Adainietratorn at '_h� annual Hoard meeting� and nhall hvld of£ice a: the pleeeure oi thq'bonrd. .�
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<br /> 5crtion 3. Renoval. , , �:. .
<br /> ;�.._� upan trie affiroative vote of a majority of the :�aat'd a.r. attendance at an annual�or epetial taeeting� sny � ,
<br /> p£:ir-ec nay be �emoved, with er withouC cauee� and hie au�teaaaz shall be elnctc•c'1'.^therae't. .
<br /> � �^� SeCtiqr E. ?raeydpr.t. • ' . .
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<br /> � ;� Tha President eha11 k�e the �hief esecutive officer of tlio Aenociation. P.a eha11 pxeeide nC all meak.inge � :
<br /> �.� nf t}:e Aenociation and oE the Eaatd af Administratoxe. He shall hade all af the gene�rnl pa:ers.end duCiea whieh
<br /> nre incident to the office of Pt'p�i.dan: of a no�profit corporntion� including but aot li-m-ited ta, the po��r to
<br /> '�d spp�S.nY co�itteeg £roa asonq the auite owr.era £rrna Yzme tp ti�.c xs he may at hin diecretion decide ie appxopxiete � �
<br /> `��i tq aa�fat in tha conduct of thr af£aitn af the asaociation. y � �
<br /> 2
<br /> �� Ser�ion 5. vice Preoident- . � � .. �
<br /> ��� The Vice Preeident ehall kake tce place nf the Preaident nnd perfnrm hia Dt hex dutiee vhenever the �_ �,
<br /> 4 Pres�d?nt ahall. b� aberent or un�lc to act. If neither the Ptesident ❑n� the vi�e Pranident tn eblq to aet� tha
<br /> � ��� Boarc', of Aciministzatora shal7. appo>nt eoma other mea6er of the IIoard of Adm.inietretore tn att in plaae of the � ,
<br /> � .� � Pzee.ident� or, an a.nterim bania. The Vice Prenident shal�i alaa pertarut auah nthes duti.en ae ahall fram time to � . �
<br /> .�� t7.xa 6e impoaed upon him or hor by the Board of AdsuninYratoxn ar hy 'the Preeidrnt. ,. .
<br /> �� �acY.inr. 6. �retntary. � �
<br /> �,�-;1 1'hn secretazy ahell tnke the minutea a£ all meetingt a£ tha Aeeociatian apd a1 the Boalcd of i
<br /> �-.d A'csinietrator.o, and eha11 keep eame xt the principal office of tha Aeaocietian unlese othexw'1ne inttx'lrted by the .
<br /> .,�� flnard of �inintratore; he os ehe shall hava thazge nf euph baokq and pape,ra ne the,8oard af Adminietratore may
<br /> �`� diracc; nnd he or ehe ehall� in gennral� perfnrm n1.1 khe dutien incident to thv officv bf aecretary of �. aonpxofSt : �
<br /> � �' car araCicn ozcanixad under the laNa of thg State oi Nebzanka- ,
<br /> �ection 7. Trennu=er. � ' ,.. �� � �
<br /> �,� ;hn:seaeurer eha11 have tUa tEepan9i17iJ.ity £tl[Aaooc.tatlqt7 funds and egcui�it�rep and ehall be znepeneible !
<br /> p Eox kneoing full ar.d LLCCL`YRC� financial records and booke cf account ehwinq nll receigte and dia6urneaenYe� nnd .
<br /> "�^� far the praparatian of a17. rer�uiz'ed finan�lal data. Ra pr eha ehnJ.l ba Xeapprdiblp�far Ch� dtrpoeit nf all moniae t' �
<br /> ,�,+�' and othar vnluable e£facta zn the name ot tha Roard o£ Adminietz�atota� and ha vt ehe ehsll� in ganatal� perform�
<br /> �,.� all the dutias incident ta thn a£fica o£ t,�eaeuzez' oi a no�-pcofi.t corporatian orgAnixe�..+ unde� the lave of tho ,� '
<br /> staCrs of Nebraaka. .
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<br /> "�:�;� Sertion 9. Co:npannation. , - �
<br /> Coapeneation of officera ahall be fixad by the 9onrd of A�inietratore and ehall be reaeqn�hle � � . �
<br /> , ccmipnnantivr. cannidnrang tho dutien o� tha nffSca. Any n3ain.ie.tatar who id alao an officaz'Ahall not have a vate � � ,�.
<br /> , in �he aetting af ca�npenenCian fo: thv office cr aSficee held by uaid Adminiatrator. , � � .
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<br /> � Se::�i�an 7._ AqY9rnPntq, Con`rarc, Etc. , � �
<br /> � R11 agreemr�nYe� c�.ecka� eqntzaa^_n And vthe: in�tzumante eha11 be aigned by .two vffi�era vf Cha � �
<br /> � A!�soci¢tion or by auch othnr perr.on or pernone ae may be deni.gnsted by the Do�rd oi�Ar'ainsletratare. � , � �
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<br /> NiTICLE V. TStlDCET P.ifD A55�,SSM:.N2'S. ' �
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<br /> .J $pCY,?�nn �- Rl:aq^Y. ' • � '
<br /> ! f The Hoard 9S A[�LI�AL6SIAY.9YG nhn7.1 advAt a budqnt fos cach Ti.ac�7. yaax� be5inning on Hay lst and mndlnQ
<br /> cn::ic rn:ct AFril 30th, w5ith nhall include tFe enr.�nate cf. *_ur:da requirod to dmfray ccmmon cxpenee• in the cam�i,nq
<br /> £i.n�n1 yc3: atu; tv provide ;undx £az cuz'z�tit ex�ar.oee� zveerve� for dyiesscd �ainterian�r� cneervee for
<br /> z�ep].uGenantn, nncl xdtezti•en to provida a woxk,�ng fund n,c to r.^et nnticipated ioanee� and purh ewpe an nevd,ed to .
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