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<br /> on the written reques� oP at least threo (3) membar� oP the 8oard +•� _
<br /> 1 c�r� � aP Administratora, unloes there are leas than throe (3) mambera, in �.-�:..'.�,.;,�.. -
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<br /> �� whiah event, upon the written request of the one or two ramaininq. , ,.,�'���.:':�:,-..-.--
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<br /> ' ��^*{on 9 Wai.ver qf No�ic�e. Any membar oP the Hoard of ��;':�7f"^.-;,5:±;,;�;��_
<br /> �� �� � Adminf8trt�tors may, at any time, waive notiae of any meeting of the .:�..���>;�aY;:;:,a
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<br /> � Board of Administratore in writing, and suah waiver shali be deemed , • „
<br /> equivalent to the giving of such notiae. Attenda�ae by a member o� i � .. �
<br /> the Hoard of 1►dministratnra at any moeting of the Board shall ;
<br /> aonatitute a v�vaiver o� notice to him of the time and plaae thoreof.
<br /> y � If all the membera of the Board of Administrators are present at ' � , ,
<br /> �:� any meeting of the Board, no notiae ahall be requirad and any � �
<br /> 1. bueine�s may be transacted at such weeting.
<br /> Sect�on 10. �ue�rum. At all raeatinga of the Board of �
<br /> Adminiatrators, a majority of the men�bers thereof ehall conatitute ;
<br /> ' ' � ' a quorum for the traneaction of l�usiness, and the votes of a � .�.,:..,
<br /> ,' � •�,"''�'` ma jority of tD�e members of t�ta� B�ard of Admia�istrators present at � � .:�,�..
<br /> y ;, a meeting at which a quorum �ls ��esent sfiall aonstitute the
<br /> decis�an of the Board of Administrata�rs. If at any meeting of the { •�� �
<br /> Board of Administrators there shall bre less than a quoru�a present, � , ._
<br /> , , a maiority of those present may adjourn the meeting from time to �,��__
<br /> ' time. At any euch adjourroxze�nt at which a quorum is present, any , . ,
<br /> 1 business whiah might have baer� transacted at the meeting originally _
<br /> I � oalled, may be tran�aated without further notias. I ���:-
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<br /> I Dection 11 Fidelity Sonds. The Board of Adminietrators may :
<br /> obtain adequate fidelity bonds for all officers and emplo��es of
<br /> �e ��Q��$#i on handling or responeib3e far �s�cciation funds. The � �`,
<br /> � +:� I p�em�.ums on suah bonda shall aonsti�twta a cammon expense. � • .
<br /> � � ,�ectjon 12 Camoensation No men�ber of the Haard of
<br /> 1 Administrators shall receive any compensation from the Assoc�ation
<br /> tor ac�ing as such, except that members shall rACAive reimbursemant
<br /> for expen�es actually incurred by them as Administrataxs.
<br /> .i�
<br /> ,� � �ect�on �3 �iabi��tv of Admjnistrators. The mambers o� the �
<br /> Board of Administratore shall not be liable to the suite owners for
<br /> �� • any mistake of judqment, negligence, or otherwise, except for their • �
<br /> own individual willful misconduct or bad faith. The members of the
<br /> • � Board of Administrators shall have no personal liability with
<br /> � respect to any contract made by them on behalf of the Association.
<br /> Every agreement made by the Board of Administrators or by the
<br /> n�anaging agent or by the manager on behalf af the Assoaiatiora shall
<br /> provide that the members of the Board of Administrators or the
<br /> manaqing agent, or the manager, as the case may be, are acting only
<br /> � � as agents for the Association and shall have no personal liability . .
<br /> ''.,• � i
<br /> i thereunder.
<br /> , � �e�tion 14 E nansion of Jurisdiction The filing of a
<br /> Master Dee� creating a condominium property reqime in Fairway
<br /> Estates Subdivision, Grand Island, tlall County, Nebraeka, shall
<br /> automatically extend the jurisdiction of thia owners association to
<br /> include the newly created condominium property regime. Upon auch
<br /> exten�ion, the following sfiall apply:
<br /> (a) Tha Association's costs of repairs and maintenance and
<br /> ,� ,�� i all other expenses shall be allocated to the particular
<br /> '�::? � Condomfnium Property Reqime requirinq or benefit��g from
<br /> ` � � tP�e same. If more than one ber+e�its, then the expense
<br /> � S shall be prorated between the benefiting Condominium
<br /> � Regimes in propartfon t�o the benefi�.s of each as
<br /> I reasonablv determined by the Board of Administratora.
<br /> � The expenses a�i�os:al.e� to a particular proper�.� reg�me
<br /> sha].l be paid as allocated accordinq to the Master Deed
<br /> i for that Regime.
<br /> � � (b) The number of votes for the expanded Association shall be
<br /> �he aggregate number of votes in each separate reqime
<br /> � making up the Association and at meetinga of the expanded
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