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<br /> : h.��h� �,„:>�. Tho oenisstan or tailar� to timety fix ��y assessments or detiver or mait �
<br /> �°' ��� .�`� ���° � � siatemsnt for any paftod shatl not be daem�d a rr�6ver, madiflc�tiQn or �re►easa of
<br /> ��°� '���'� �he ownets f�or�their obttgatton to �ay the seme. -
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<br /> � �: Ttte Escecutive.Board:�flra11�bh�siii�a�d mafintain.to the extent obt�ina6d�: �� .
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<br /> � �ts����' .Pm�e�e�f�ti�suranc�a�+;t��propesty (untts),(rtcl�ding the cammnn, . 5:
<br /> s`�, . � , elert��nts �t�rtng a�ainsi �tl risks of'��dir.a�t pt�ysfc�! :tas� . ,
<br /> ��' '- <��� . " _ common(y�ns�r�d eSatnst. The tota! amount"of ir�sueartce�f�:r � . �`
<br /> ''..''`�.`:-. `��'` �" 8PP1IC8t�0�t �f �ii!'ty [g@d11CLibteS sha0 be not less��ac�..nind�`� _
<br /> ' - `�'`'=°ss=� petcent�90�l0�.of the��ctual cash vatue ot the insured�Tapert�s.a� ,� . °-
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<br /> ,.� ��;: �:``:;.°��?° the time the irfsu4�an�� is pufchased and at each renewal d�t�� , . ;��
<br /> � _.;,:��,, • � � exctusi�►e of land, excavatfons, toundat�ons; and other ite� , .
<br /> ;:•t nomnatiy exctuded from peopert��olic�es; and .;,
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<br /> ' � 4`��' � ib1 Liability insurance, including medicai g�a�iin�nts in'surance, in are � " �'�` "• .
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<br /> , �•�7�,,,.;�i, , . . amount determined by the Executiv�a �Q .ar.� , ,
<br /> °�l .��,�� ;�;'; � , 51.000.0�OQ, coverin9 atl occurrencc�`:�ommoniy insui�i '� � :;
<br /> ''`f`��� against f�o c�e�� bod11 �n ury, and property'damage arising o� � •' �
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<br /> .-�<:-�„�, of or in c�o��e��ta wi3h the use,ownership mr maintenance of t�n��, ,.' - f
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<br /> , `{(�.r. >_,'�. ' � common e1��: : .�Ti,£f�.�XBCUUVfl p��f� �it8�% utsaai.nr�.g .t6..y. , ' _
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<br /> ' �'�Y��. S f;:��.'; � addi�nnal ���ge �s�;��he n�c�s�ary a Y � , , .
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<br /> � ,{ ` `�,' additiana0 cg��ge tf it deems��essary. _ �� ,�:�'�
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<br /> � �'r � If tha afor�:��ntioned insurance is not ceasona�ry,#�,���ailabte, the A�sociat�on .
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<br /> `�` . � °;� promptiy�sha0 c���tice of that fact to be hand dettv��Z'rvr sent prepaid by United
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<br /> ..��::'��� ;:t . � Stetes mail to aii�'ri�t_�;��s. , .'._ .
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<br /> . ':�.�. ,� . ' insurartce polfcies�st provide that: :. . ,, � . .
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<br /> �,;.. , . �a) Ea��,�.,�uc�6t a�c���er 1s an insured person under the pol�cy. with � •
<br /> � . � . re�tt to Ilability arising out of his or her interest in the common .
<br /> � �i_ eleme�ts o� membership in t�e Assoclatian; " -
<br /> � . � . � (b1 The ins�nais,-�caives it� rtght to su6�rogati�n under the pollcy � _
<br /> . � • � � " agalnst�ny���r,i�i�t��r�rt�i�r.;�r member cf his or her househotd; �. -
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<br /> � ' ' � �� Ic1 No �ct crr�a�irCsstan tiy any ueoi$,m�uner, untess actin�.within the ;i�,?ti.,•: _
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<br /> :«. •.'s� ,,ra scope a� h6s or her �uthoro4�/ a�n�N�haif of the:A�s��a�Fon..will •�.���:.r
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<br /> �, ,'�'�'�`': . � vafc9 the �o➢ocy or ti� a c�r�tfl�id�to recflv�y ir�.�dor tho,•�i�licy: and�.�. ,� °::� � -
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<br />: �� ����• �`'"�"` ` (d1 If, at the tfrne of a loss under tOt�policy 4h�re is oth�r,fnsUrance� ������
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<br /> .. .,r,,,v,��,.,;,�y�, , , in the n�mc� of a unit ow�er�c��uet7ng.the same ris�:�covered by
<br /> —_- r��j. y � � . . the policy, th�Ass4ciation's poUcy provides primary insurance.
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