202500471 - Laserfiche WebLink

Browse

202500471 (a) The Association has been organized and incorporated to provide a vehicle for the management of the condominiums that were created in Declaration I, Declaration II, and Declaration III. Each owner of a Suite in the condominium shall automatically be deemed a member of the Association. The Bylaws of said Association are also the Bylaws of this condominium property and are attached hereto as Exhibit "A", which were contemporaneously amended. (b) The general common elements are for the use and enjoyment of all owners. The outside perimeter block wall shall be considered a general element. The limited common elements are for the exclusive use of the owner of the Suite or Suites to which they are appurtenant, their family, guests, and invitees. (c) The ownership of the common elements shall remain undivided, and no person or owner shall bring any action for the partition or division of the common elements. The phrase "common elements" used in this Master Deed and Declaration and amendments thereto shall include both general and limited common elements unless otherwise specified. The Association shall from time to time establish rules and regulations for the use of the common elements, and all owners and users shall be bound thereby. The Association shall have the sole jurisdiction over and responsibility for alterations, improvements, repairs and maintenance of the common elements, including the perimeter block wall. The share of an owner in a common element is appurtenant to his or her Suite and inseparable from the Suite ownership. Assessments against owners for insurance, common elements expenses and reserves, and for other expenses incurred by the Association shall be made pursuant to the By -Laws. Assessments made within ten (10) days after the date when due shall not bear interest, but all sums not paid within said ten (10) day period shall bear interest at the highest legal rate at which individuals may contract under the laws of this state from the due date until paid. If any owner shall fail or refuse to make any payment of such assessments when due, the amount thereof plus interest shall constitute a lien upon the owner's interest in his or her Suite and in the property as defined in Section 76-874 R.R.S. Neb. upon the recording of such lien by the Association in the office of the Register of Deeds of Hall County, Nebraska, such amount shall constitute a lien prior and preferred over all other liens and encumbrances except assessments, liens and charges for taxes due and unpaid on a Suite and except prior duly recorded mortgages and lien instruments. (d) Each owner of a Suite shall be responsible: (1) To maintain, repair and replace at his or her expense, all exterior doors, trim and jams, including both walk-through and drive -through garage doors, and the mechanical operators thereof appurtenant to said owner's suite or garage, it being understood that the only association maintenance of exterior doors shall be the painting or finishing of the