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202300159 a) "Allocated Interests" means the undivided interest in the Common Elements and the Common Expense Liability allocated to each Unit. b) "Approval" or "Approved" shall mean securing the prior, written approval as required herein before doing that for which such approval is required. c) "Assessments" means all Common Expense Assessments, Special Assessments, Individual Assessments, and Fines levied by the Association through its Board of Directors pursuant to the Documents. d) "Association" means Jaxson Condominium Association, a Nebraska nonprofit corporation, its successors and assigns organized and existing under §76-859 of the Act. e) "Board of Directors" means all of the directors of the Association. f) "Bylaws" means the bylaws of the Association, including amendments thereto. g) "Capital Improvements" means the construction, erection or installation of substantial structure(s) or other substantial improvement(s) in the Condominium. h) "Common Elements" means the areas designated as such on the Plats and Plans which are all portions of the Condominium other than the Units, including the monument sign but excluding sign faces on the monument sign. i) "Common Expense Assessments" means all Assessments made for Common Expenses. j) "Common Expense Liability" means the liability for Common Expenses allocated to each Unit under §76-844 of the Act. k) "Common Expenses" means expenditures made or financial liabilities incurred by or on behalf of the Association, together with any allocations to reserves. These expenses for the operation of the Condominium include, but are not limited to: i) Expenses of administering, maintaining, insuring, repairing, or replacing the Common Elements; and ii) Expenses declared to be Common Expenses by this Declaration; and iii) Expenses agreed upon as Common Expenses by the Association; and iv) Such reasonable reserves as may be established by the Association, whether held in trust or by the Association, for repair, replacement or addition to the Common Elements or any other real or personal property acquired or held by the Association. 1) "Condominium" means the entire condominium project including all buildings, land, and other improvements upon the land as set forth in this Declaration as a part of the condominium regime. 2