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200112287 shall mean the total cost and expense incurred by the Corporation in operating, maintaining, repairing, and replacing any facility or improvement within the Commons and Easements. Such costs may include, without limitation, real estate taxes and the cost of maintaining, dredging, lining, landscaping, lighting, maintenance of erosion control, removal of snow, ice, drainage, rubbish and other refuse, signs, public liability and property damage insurance premiums, repairs, reserves for capital replacements, depreciation on equipment and machinery used in such maintenance, cost of postage, photocopies, telephone and fax charges, or other expenses and personnel required to provide such services and management, together with a reasonable charge for overhead not to exceed 10% of the foregoing, or amounts paid to independent contractors for any or all of such services. The Corporation shall keep accurate records of the costs associated with the administration, maintenance and improvement for the purpose of making assessments as provided by these Restrictive Covenants. 21. ALLOCATION OF ASSESSMENT UNITS: The Assessment Units are allocated to the lots within the Commercial Properties on a noncumulative basis as follows: (a) Permitted Improvements: Prior to the issuance of a building permit for a lot by the City of Grand Island, the lot shall be allocated one (1) Assessment Unit per .01 acre as shown on the site plan. (b) Approved Improvements: Upon the issuance of a building permit for a lot by the City of Grand Island, the lot shall be allocated two (2) Assessment Units per .01 acre as shown on the site plan. (c) Completed Improvements: Upon issuance of a certificate of occupancy by the City of Grand Island for any completed improvements, the lot shall be allocated five (5) Assessment Units per .01 acre as shown on the site plan. 22. LIEN OF ASSESSMENTS: The lien of any annual or special assessment shall, until shown of record, be subordinate to the lien of any mortgage or deed of trust placed upon the lot against which the assessment is levied. 23. EXTERIOR MAINTENANCE: Each titleholder of each lot within the Commercial Properties covenants to maintain their lot and improvements in a neat and attractive manner. The Corporation, by and through its Board of Directors may adopt from time to time minimum exterior maintenance standards to establish the minimum acceptable standards for this covenant to maintain. 24. EXTERIOR MAINTENANCE ASSESSMENT In the event a member fails to maintain a lot according to Paragraph 23 above, the Corporation may, upon 10 days written notice to the member, maintain the lot and the exterior of any improvement and shall have the right to enter upon any lot, at reasonable time, to perform such 7