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<br /> � �Y(t��N�� �MI� t0 MCh�11�tl,01f1lP O1 Or�Ott t�i�+I �!t �M�(rl�l�O� tIM���Ca� rM'�01"��a � , . �
<br /> �!t 1���: , ' ' < ` •
<br /> ' �t�irY 6��+db�fiM�a�rrwK fisat yMr MNrt Me�f►. Out eoPi�s of tht�a�erld budpt
<br /> ' ,�d prupend qnae�►qr d�ee�in�Mwtt b��ilyd to NeA wft�aere peior to tM t�ff�etiw d�tt
<br /> ot wd� itk�w�ae d�er�. • • . • `
<br /> .. ' �Sl�ir Atw�T R�II�E.. - • . - _ ' -
<br /> � , i!��itst rntwl asfet�nt�Mll b�la+ritl aMinst MeA sult!nd the ane�tMraof an IhY 1, 199�w'
<br /> wy 1 01 th�erxt fiseat Y�aft�r r�linqui�t ot cantrot of the Assaciatian bY OeYetapeh �Aiehewr aiwlt .
<br /> lati awr. ?Ae ae�at Mspl�w�t aMlt be dividd�s evw�ly iMO lretv!�72)�a�thty pl�Ats a�possible ritA
<br /> � sh.ftfas v.r�t to inetua.th.nr.t,+aer.fue aivtsidi�. nKts wa►thty pry.rics.h.tt a.oa.i.a,e ane v.y.ete ,
<br /> upor►the tat of Mqr atd ti�e ist of��ontA tiwrMftR�tx�inY tM fiseak Y«r. Mnat awes�rMS tor reh
<br /> � fisesl Yw'�tar Mstt be trvi�d�er,!th�l►bcar d�e atd p�yabEs in the a��e. Ae+ewal asassnts
<br /> to er lavi�d apinst Meh suite�nd the wie�tiKnof tl�ll hs ea�put�d aecar�irq to weh wtte's ah�rt of ths
<br /> toq�mr�l 6uoi�et for tM fisal yNr butl upon the p�rantpe of sueh wite"s h�sit valu�as aet torth in
<br /> VaryDraph IY of,the M�ster Oud. .
<br /> . Nrau�e inwrm. npaie ard�irte�ec an6 otUer dirat easts�re chsroeaDte to the oordo�iotuii i�ifish;.:_.;.�,"�--
<br /> •be�ef�ts fra�tMw, thc sssiies in diffei:rtc ou�Rirf��ac�sY rot liare e¢st a�ocnts of atses�ents. _ :`:_ _
<br /> � �:i�.
<br /> . ,
<br /> . . � � . ��• , .
<br /> . . .
<br /> . .. . . :-
<br /> .
<br /> �etim 3 interi�nssessdietrts-� • , .` _ --
<br /> :' �;:'`: �;;z.:.'.,.:. . _ . ... , . _
<br /> , ,, . �:;,:;;.
<br /> Untii!My t,��91-�ar u�tE4 tlft Eics4 tev�.c�.�� eSSZSS�ts aceardx"1g Lo SfGt[6n 2 of Articl�Y, ', -
<br /> :�(tiA'tM�@�!�Ttpit siAti�£�cls�s�e��b ef'Cseitssac€u�apt�follwin{�irteril��ts ehall be dat �--.
<br /> ...,. . . .�ard py�t�fle�??�e�iest•r7y af e�ds,calesid�r�ont'1i: _
<br /> A�ss:: ' tnteri�As�es�ent � _—
<br /> tver lbt►tbf � �
<br /> � � 550.00 ��•.�';'`-
<br /> t
<br /> . ' . • Z lS0.00 ' .�.1_-;�?.3:_
<br /> TM first inte�iw asts�want sh�il seenr, as to�purcha�er of a fuit�fro�Dsveloper�qon th� tirit y.
<br /> dry of tM�xt ea1���onth totlariro tM d�t�of olosir�. Inte�iw asses�nts aA�ll breaN aw wnd p�yrbl� �� , •'��
<br /> . •,s:_,,.
<br /> {qOfl tM}il'SL�/6f NCh Cat�fl�l'�0/1th. . ' �'.ia�w:�..`
<br /> �tton�. ikr�w�s_fn 1nt�rl�Asses�nri. ' f� �,
<br /> Intsri��sNwnts in tM a�ounts�hawn tn S�ction 3 af AKtets Y shsll notb�j incn�ssd�o��th�n livr •,���i:,i;
<br /> pKe.�►s csz) durte� tM tirs: y�.� after tM titi� ot th�Naat�r oNd, xd a�ir� Neh tuecNdirp yar � � '� �r_e
<br /> r�
<br /> tM�Miter� inttri� aaswnts ry not b� ine�t�wd wort than ten pe�cent �10%) �bove the lawt of tAe � , t-�t.
<br /> • i�diat�ty pr�e�d1M YNr• � -•w,�._ _
<br /> � Seetion 5. S�efal Assess�rnts. ' � �"� —.
<br /> Speeial aaess�+ta�Y be assessed and levied ayainst eseA suite in�dditian to the ar��l or interiw . }+�_
<br /> assesaent� provided for a6ove, durinp rny assess�ent yesr for the pu�pose of defnyinp, in whole or in prt. �_.
<br /> � the cost of any eamt�uction, recafst�uetion, trprave�mt, rep�ir o� eeplace�ent of,a capital i�prova�ent of ..
<br /> the co�on ele�ent ineludinp fixtures and personsl property, s�]eet to the owner approvst pravisians of the � - ��"
<br /> N�ster Deed and these YyLaws. Yhere no provision is applicable, the dise�etion of the Board of Ad�iniatrstors E �
<br /> sh�tl controt. ` �;,.�
<br /> Spec9al assessMents shall 6e due ard paya6le tMi�ty (30?d�YS after the assaswent is levied yainat ' :'�'%'';;,:
<br /> the aR+ees ard notice the�eof has been �iven, and spetiat ssstss�ents not p�id witfiin thirty (30) d�ya � . . �=I;
<br /> � tAece�fter stntt be t�ate0 aeeordirg to the interest a�0 t ie�s pcavia tons herea f ter. ' �
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<br /> S�eetian 6. E�erow of As�ss�ents. . � . �_
<br /> ��. , � .
<br /> The Ab�inistratora of the Assxiation nry arrarge to hive ell �ssessmmts in Seetion 4 or Sation 5 0�
<br /> • . A�tiete Y p�id to an es¢ror fux! ta be held ard'msnaged by s Wnk or savirgs and loan assxiat9on. � � �
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<br /> S�etion T. Pe�san�l Assess�ent Lia�aiitv. ' ' . ..
<br /> r: ..:
<br /> Eaeh sulte orne� or, if anro than one, owners, jointly ard aeverstly, sh�tl be per�anslly liable for ' f�;',;;,,�� -
<br /> ' th� t ot asesswents udev the pree�dinp Seetions. Upon the expiration of thirty t30) dsYs fra the due ,��-I,
<br /> WY�
<br /> d�te of �n asses�ent, it ssid assess�ent ra�sins ury�id, the Assxiation�sy 6rirg suit�gsinst the orne�or � -
<br /> orrfe�s of ssid wite �or �eeoveryl of tha se�e. ]f the �saess�ent ts a niontAty instaiteent of an an�wl � ., -
<br /> a�ses�ent, the d�fault in p�y�ent of one install�ent �hen die, sey, at the option of the#ssaiatian, ause •
<br /> the ra�irder ot th� inst�tl�ents due for that arr�wl period to becane in�eediatety due and psyable. Tfie j . -� - �
<br /> O�faultino suit�arne�shsll b�liable for the uipsid assess�ent or assessnknta, interese the�eon irai the due 1 �. •
<br /> d�te to the d�t�p�1d at th�hiyhat lepat rate, ard attorney fees and expenses ineu��ed in ths eollrctian at I ;
<br /> th� sa�. Mo pra«dirg to eoll�ct delaulted assess�ents punwnt to this Seetion shatl oaatitut�a wiver f ... ,
<br /> ot ths li�n of the Assaei�tion s�ainst said defwltina owner's suite nor a wiver of tAe r1¢�t of the • .
<br /> A�soeiatian to fo�eelos� tMr�on. � ' �
<br /> �. ,._: ,. .
<br /> Th�0�'+nte�of a suite fhsll 6s Jointly�nd sevenitY�j�ble�ith the p�antor tar all uqid a��sa�+ts � i, � �
<br /> �in�t the l�tt���q to th�t1�of th��antor eorw�y�ne�,rithaut prejudice to the O��tte�'s�i�t to r�cowr - ,� _-�--.
<br /> 1�a�tM 4�antor th�a�as�tt p�id by tlu�rante�the�tfor,provided,howwer, that�pan p�ywint of��NSarbte � •
<br /> fN a�d ipa+rritt�n��quqt, any.wcb pra�etiw�rantN sh�ll b��ntitt�d to a stat�wnt fra�th�b�r0 ot . '. .
<br /> AdHnistratpy, or th�Nu+� in th�forw s�t lorth i�S�Ction 9 oi A�tiel�V, which shatt be cafelusiw�pon �.'
<br /> th�Assoelation 1n favor ot at� person�r�lyinp th�r�a+in yood faith. Unteaf sueb rtQust far�at�t�nt of .
<br /> Ind�bt�dnps shatt b�F eorqli�d rith �itAin fiftNn(15) �Ya of sucA �puat, th�n sueb orante�shslt not ht ;, ., •
<br /> � , (labtt tor, nor Ikstl th��arlo�ini�s wit�taiwy+0 b�s�bj�et to a ti�n for any upid us�s�nt�atewin0 . ..
<br /> oeipr to th�tl�t�ai web r�at. � . •
<br /> the provisians sei faeth in this Sectian sb�lt rat apply to the initial ssles aM eamreyurces of the � . , •
<br /> eado�iniu�wita � by th�Oawtoper, a�d weh �sla �lull b� t�e� fra�all asus�nts to th�wte ot _
<br /> CQMy�IC�• . , �- -. - .
<br /> ' . ��tia1,�,t._As��tfrnt li�n. , . +� ,
<br /> • �:
<br /> � ' st any wite ainr abrte hil or nfure�3a sdc� r�y p�nt ot in Msa�+t �Mn du�, th� a�aa�t . i_ .�.�°
<br /> ' . tM�r�sf fl�ll eonttitutt �[i«r at th� int�rrt of th� �ui+t�o�r in his wit�sd tM AMnistntora.ry ���,yy , . ; •,�.'
<br /> _ .--- :.-.•_:..�.:f+��'dsud�.tt�n.in tt�al4ie�.ef..ffir,_L�fat�e;at.Oud�..pt fWl..CpuntY._1Mlfrrlca:.�i�era�on. aaid_.ti�n�Mt! __ .. ��--
<br /> . .: . �
<br /> • , . . 6�privil�owr�d prior to it#t��ns and r+eiabrane�i�re�pl;�aa�rsrnLS, t�in and s'fi�f for t�ices put �- .
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<br /> � • , EICHISIT ��A" 5 of 10 - , ;;4. ��
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