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202406497 ARTICLE 2. DEFINITIONS 1) General. The following terms used herein shall have the following meanings: 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 taking any action for which 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 the BABEL CONDOMINIUM ASSOCIATION, a Nebraska nonprofit corporation, its successors and assigns organized and existing under §76-859 of the Act. e) "Board of Directors" means the board of 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 or Limited Common Elements. i) "Common Expense Assessments" means all Assessments 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 as set forth in Article 8 hereafter. 1) "Condominium" means the entire condominium project including all buildings, land, and other improvements upon the Property as set forth in this Declaration as a part of the condominium regime. m) "Declarant" means THOMAS E. BABEL. 2