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202103050
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Last modified
4/15/2021 12:02:31 PM
Creation date
4/15/2021 12:01:35 PM
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DEEDS
Inst Number
202103050
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202103050 <br />Condominium, each unit shall be allocated an undivided interest in and to the <br />common elements of the condominium, based upon the square footage of each <br />condominium unit as a percentage of the total square footage of the total <br />condominium as follows: <br />Unit One (1) 25.959% <br />Unit Two (2) 21.024% <br />Unit Three (3) 20.099% <br />Unit Four (4) 32.918% <br />Such allocated and undivided interests in the common elements are subject to future <br />adjustment each time that additional units shall be created in respect to a building <br />currently existing, hereafter constructed, or hereafter added in any other manner, <br />and shall be evidenced by a proper Amendment to this Declaration to be then filed <br />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 their interest <br />in their unit from their undivided interest in the common elements, their right to the use of the <br />limited common elements, and their 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 Declaration; <br />provided, however, nothing contained in this Declaration shall be construed as a limitation on <br />partition by joint owners of one or more units as to individual ownership of such unit without <br />terminating the condominium status, or as to the ownership of such unit and real property outside <br />
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