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Wiwi S, a n i TMs members of the &*TO of Administrators shall net be liable to the suits awhsrs for any mistake of Judgment, negligertoe# or otherwise, swept for their own individual willful ■iecondi Ct Or bad faith. The members of the Ward of Administrators Owl have no personal liability with respect to any contract made by them an behalf of the Association. Ivory agreement sods by the Board of Administrators or by the managing agent or by the manager on behalf of the Association shell Provide that the members of the Board of Administrators or the managing agent, or the manager, as the raft My be, are acting only as agents for the Association and shall have no personal liability therawndsr. The filing of a Master Dead creating a condominium property regime in Brentwood Third Subdivision. grand Island, Mall County, Nebraska, shall automatically extend the Jurisdiction of this owners association to include the newly created oondomlnium Property regime. Upon such extension. the following shall apply: (a) The Association's costa of repairs and maintenenee and all other expenses shall be allocated to the particular Condominium Property Regime requiring or benefiting from the amore. It more than are benefits, then the expense shall be prorated between the benetiting Condominium Regimes in proportion to the benefits of each as reasonably determined by the Board of Administrators. 11he exoeness allocated to a particular property regime $hall be paid as allocated according to the Master Deed for that Regime. (b) This number of votes for the expanded Association shall be the aggregate number of votes in each separate regime making up the Association and at meetings of the exparwed Association the rules for a quorum. for determining whether an action shall be taken. for election of the members of the Board of Administrators and all other purposes shall be as is provided In thew By -Law, construed on the expanded number of aggregate votes. (c) When only one regime is affected by a decision of the expanded Association than the Board of Directors may but shall not necessari ly be required to, seek the approval of only the owners in that affected regime. ARTICLE IV, WFICERB The officers of the Association shall consist of a President. Vice President. Secretary and Treasurer and si;ch additional officers as the Administrators shall from titre to time deem necessary. Any parses+ may hold two or -more offices, but no one varson shall hold the offices of President and Secretary simultaneously. :wemoers of the Board of Avm,ntstrators may also be otHoors. The President may be sleeted from the members of the Board of Administrators. Section L E1S_ctipQ, The offics*s of the Association shall be elected annually by a majority vote of the Board of Administrators at the annual Board meeting, and shall hold office at the pleasure of the board. "Stion S. Removal,, Upon the affirmative vote of a PAJority of the Board in attendance at an annual or special meeting, any officer may be rseloved. witti or without cause, and his successor shall be sleeted thereat. Section 1. presiwny,, The President shall be the chief executive officer of the Association. He shall preside at all meetings of the Association and Of the Boaro of Administrators. He ahe11 have all of the general powers and duties which are incident to the office of President of a nonprofit corporation, including but not limited to, the power to appoint committees from among the suite owners from time to time as he may at his discretion decide is appropriate to assist in the conduct of the affairs of the Association. Bastion s. _SttCtPt!!id$►lt.. The Vice President shall take t" place of the President and perform his or her duties whenever the President shall be absent or unable to act. If neither the President nor the Vice President is able to act, the Board of Administrators shall appoint some other member of the Board Of Administrators to act in place of the President, on an interim basis. The Vic* President shall also perform such other duties as shall from time to time be imposed upon him or her by the Board of Administrators or by the President. Mmti_on S_BgCffRary. The Secretary shalt tab:e the minutes of all meetings op tt+e Association And of the Board of Ada,r.•ytrator$, and sin *T: keac 24n4e at the principal office of the Aeaocia.•,on Unless otherwise instr.icted by the Board oO ,lviri*+astrata": he or she 1014 11 have Charge Of SUCH t=Oka and papers All the Board of Administrators May d• ,rest. ah(.' 'r or she shalt, +n 3erseala perform all the duties incident to the office of see-otary of a mo -.- ,)fit corporation organ +zed under the laws of the State of Nebraska. Suction .1,. . Treasurer. The Treasurer snail have the responsibility for Assoc.ation funds and securities and shall be rosponsible for keeping full and accurate financial records and books of account showing all receipts and disbursements, and for the preparation of all required financial data. Ha or she shall be responsible for the deposit of all monies and other valuable effect~ in taw Hasa of the Board of Administrators. and he or she shall, in general. perform all the dut,ei rr,dort to tins ofsice of treasurer of a non- profit corporation organized under the laws of the St+tw of Nebraska. 4"t,19wl g.._ Cgspeneation. Compensation of officers shalt be fixed by the Board of Administrators and shalt be reasonable