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202004464
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Last modified
6/30/2020 10:04:31 AM
Creation date
6/30/2020 9:45:56 AM
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DEEDS
Inst Number
202004464
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202004464 <br />condominium unit as a percentage of the total square footage of the total <br />condominium as follows: <br />Unit One (1) 33.2627% <br />Unit Two (2) 42.1575% <br />Unit Three (3) 12.6829% <br />Unit Four (4) 11.8969% <br />Such allocated and undivided interests in the common elements are subject to <br />future adjustment each time that additional units shall be created in respect to a <br />building currently existing, hereafter constructed, or hereafter added in any other <br />manner, and shall be evidenced by a proper Amendment to this Declaration to be <br />then filed of record in respect to this Condominium. <br />8. Conveyances. Any unit may be conveyed or encumbered, subject to the provisions of <br />this Declaration. <br />9. Subdivision. With the written approval of the Executive Board of Directors of the <br />association, units may be combined or divided and incorporated within the boundaries of one or <br />more other units. However, no division of any unit, other than by action of Declarant, shall <br />increase the total number of units. Upon approval, the Executive Board of Directors shall record <br />an Amendment to this Declaration, and the allocated interest shown herein shall be reallocated. <br />The expense of preparation of the Amendment, reallocation of the allocated interests, and <br />recording fees shall be assessed against the units affected. <br />10. Severance and Partition Limitations. No owner shall be entitled to sever his interest <br />in his unit from his undivided interest in the common elements, his right to the use of the limited <br />common elements, and his right and easement to the use and enjoyment of the common <br />elements. The undivided interest in the common elements as established by this Declaration and <br />the fee title to their respective units shall not be separated, severed, partitioned, or separately <br />conveyed, encumbered or otherwise transferred, and each such undivided interest in the common <br />elements shall conclusively be deemed transferred or encumbered with the unit to which it is <br />appurtenant, even though the description in the instrument of conveyance or encumbrance may <br />refer only to the unit. The provision of Nebraska Law relating to partition of real property shall <br />not be available to any owner of a unit or of any other interest in real property included in the <br />condominium as against any other owner or owners or units or of any other interest in the <br />condominium as to terminate the condominium status created by the recording of this <br />Declaration; provided, however, nothing contained in this Declaration shall be construed as a <br />limitation on partition by joint owners of one or more units as to individual ownership of such <br />unit without terminating the condominium status, or as to the ownership of such unit and real <br />property outside the limits of the condominium status. Nothing contained in this section shall be <br />Page 4 of 12 <br />
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