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<br /> ..... . _ . __..' ___. __ . ._. .__..__ .___ ..__- -_ _ _ _ _._ .
<br /> � 98- ��
<br /> th• �x�cutive Bo�rd of Olreotors she�l be sieciad a�si�oival; _;
<br /> � unix own�rs s�ther than the� Dsclerant.
<br /> Not leter then the terminetian of the perlad af the Declarant'a
<br /> car�t�ol� tt�e unit owrtiars ahall elect a�n Executive 8oe�d of at lea�t .
<br /> thr�e 13) memb�ra� et I�ast th� m�Ja�tty of whom must be «NR �
<br /> own�ra. 7he Executfvs Board shall e9ect the oHlcers. The
<br /> Executive Boerd memb�rs and officar� ahall take offics upon
<br /> dlectlon.
<br /> lb1 Oecisrant reservee� wtthout aseent of own�rs a�f units, the�f�ht,
<br /> to esteblieh eaee��t�, Resentations. exoeptlana and excluaiona
<br /> conaistent wi�;h the co�ndc�unn �a�+rnership and for the best
<br /> Inte�ests of e!1 ths Qwners In t1�e�cx�ii�m� a�nd to aupplemsnt
<br /> ar amar�d thia Maater Deed end Dsclaration. ar sa emenddd, or
<br /> the s�Ete�ched By-lawa or as amer�d�d� �ii�t� 4�farant r�lesses
<br /> control of the Associetion as set forch in (a) of thia Article.
<br /> tc3 ueal�+a��i Eurti�ei raaenres the right�4 �dd tu the condominium
<br /> addttional real estate o# on�a�or more lots, being Lots Ei�ht and
<br /> Ntna af Brentwood Poutth.�v;��divislo�to tfie City of GrAnd Islanci,
<br /> - Heil County, Nebrask�� an�t �aaerves the right to add up to four .��
<br /> � (41 more un�ta xc��the condominium, in the event that Decler�nt
<br /> � exercises this r���t, the reallocation of �ommon efemsnta and
<br /> diipui��� �`�aa"�a�r.z�l�°he��; t�s��o±he formula �cet forth Ir�
<br /> �;_, Article Vil here�'�: . � � � . �
<br /> �� ��
<br /> :. �i :�� ,. � , ;,:;
<br /> `;�+�:i,�;f: (d! Declerant.�ese�,,��°.�.�the. �ig�i�t. t9�,��� +��►y units owned by it ss :,, . :
<br /> � , . .�,�`•'� : models. Until c�t�¢iiei�����r�^s.�1es 1S�.beclarant,o.f�el! anticipatsd �
<br /> ..;�;;;°;;;�; . ',;;�.� u�its in the co�dominia ,�:����he r�g�arvatlon�� n�� rbhts In thi��._:ti:���";,
<br /> p�ersqreph shgll tie applic���e"to eny���r�;�!•e�tate�or unite Addsd to ��
<br /> ;::�t,. , . � ..
<br /> � '� • the condominjum. `�:, •
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<br /> �`;i�.'.t: , ,. ,: . • .
<br /> �����':°;�' A�tTtCkE V�I. 1!M�Y.t�OCA7ED INT�RESt � � ,
<br /> `;, ,.. . . .. .�� . ..:. ' �.' _
<br /> �
<br /> '� `�"� � The sllocele�d,lnterest 7n�r�►�$t�rsc��a,th� undhrided intereat fn'the commor� ;� , ''
<br /> .. :,��.i: �'�. . r t.. ,-.�.�.. �. .
<br /> '";';':. . elemenu s�d com�l►a�t� expenaea cff;�tha��sociation have Iwen establis"ned uQa�,.a
<br /> �' � � "�' fanm�e� utNizk�tha`s�ara foota�e of`���c}t�unit (exclusivo of baaemsntaf dividei��.!dy ,
<br /> �.,,�,'.
<br /> . the tota)square footape af atl,�nits (eXClusive of aquare footage �f besemsnts��:' If
<br /> - sdditional unft�s �re adde¢'to:�#l�e aondorninium, the same fonn�la aa heroin set forin
<br /> ,'1 ,,�
<br /> shall��vdrn the allocated;iFlfnrests a�ier an addition i� �afe�ance ta the undivided
<br /> ,,, interesis in the car�mon e�er�'i9nts end common expenssa af the AasQciett4n.:;;'�ech ,
<br /> � unit h entided to one t19 vbte�a�ar unit and thiR formul�shall elsa gov�rr���k�thNi;k?�?.�nt :
<br /> that addhionsl units are��tli9�d ta this Fondomf�ti3.�im. The allocated'ir�t+ar'e'�tS;;�l�e�,a � ;:`'���
<br /> •'� � ,j -.�,..�,�, ., � �
<br /> ' � ' '�QIIOWS: . ' , . •;t�.i: ' 'i;:',�
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<br /> , �r�. .. :�� . .:; •_ ; , ��;{�:;.._ .
<br /> f��� ���oj�re �ddt'Aiea �'er.centage of Expenae in and :',��,'�'� �'
<br /> ;,� ...F�;.�1',�'�`",,,i�'
<br /> ,�.�� ��xoladinq B�sem�rotp �tughts in Commoc� Elements �/otes : � . ;
<br /> Unit 1 2.55�.37�� '�. � 6.19 � ',':: ' .
<br /> � ,� : .. �. . . �::.,,,, .
<br /> .. Uni�2 � 2.068.8� 4���� � ; . . ..
<br /> Unit 3 2,050.80 4.97 '� �
<br /> Unit 4 2.444.84 6.92 1�
<br /> 4
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