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<br /> °�s�^•�rt,� :t 8eotion 10. E��e+±�ton o1 durlsdlctlmf� ji�•"���
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<br /> -,•��z;�•� fR�Ht teg of�Nator D�ed t��attrg�Ca�do�lnlu�D�opt�ty R�i�on tots Fiv�t5)thra+pN Hltvm<t�),
<br /> . , ... Slock tNO t2>. Brentwaod Seeonal6Lbdivisian, C1ty o4 6rend lstead, Hetl County, Ne4raak�� ahall autanntic�l ty
<br /> :f"'�; ' ` �,,"; extan�f the JuMadtettan of thls Raeeo�r�e*e Asaocistian 4o ifleluda the r►�+ly crea4ssi Car�o.alni�a Pra�nty Rc�tt^1. �°"� �.
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<br /> - . Upon weh�xt�naian, ths fottoairg sAsll�pplye
<br /> . � ���S p) The Acsxiettan's eost of rep�in ard naietemnce end ell othor expenses ehett 6e alloeated —
<br /> :.���-�,..-:-•.�.r te�he�►r�Ncut�r Cada�iM�P�aperty R�pi�e�equlMrg or benefltin9 fran ehe ea�e. If�oro `.-- ------_-
<br /> 4hen one benoflts, then the expense ahall be proroted batKSCn the beneHting CorKla�inia R__.
<br /> , Repibes 1n proportian to the benef9ts of eaeh as reasonebty deeee�inrd by the Bosrd of �_i �___
<br /> � AdeiMstretora. The per�aes allaeeted to e pertleula� Properrtx ReQfine sAatt be peld ar =_
<br /> ` „ `'� allaeated auordi�y to�the Nas4er Deed for thet Regira. c' —� --
<br /> (b) The rrnber of votea for the expended Aaeoaietton shel l be the egg�4e r,na�rr o4 roRea Sn each �,`,r;m.-__-..----
<br /> •.�t:.�.;,•: sepa�ato Regte�e making up the Aasoetetior+ and at meetiRqa of tRo ¢�cpc+�x�l1 11ssx9mQiac�. �fio
<br /> rutes for u Q�ccc�m, for determinieg uhmR�r en nction ahall ba e�c�n, 4or elec49on ef Cho �-�.�--'"
<br /> mea�ers o�4R�13oacd of A�einistraiors,mrad m4L e4her pur�ooses shal! bE�s is provld�ci fre thcso *�
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<br /> I�jr-deys. cansC�an the expanded romb�r of e�regato votes. "' "�"' -•--=--
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<br /> (c) 47tr¢n a'eUY cra 6V>Re9im�e ie affeeted by e decieion of t[:Q enp4l�ded AseoClat9on. t�en thr Board � '=-,�;:
<br /> . otr 4��cco�.cs_v,�r, but shaLL rrot rnKesserity 6e requi�eA ta, se�k tho ap�rovod of os+ly the ',:_--�-:.�a��'_°.
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<br /> � winera in thz�t e4feet¢d Regfrtae. ,���S y ',;` :_
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<br /> �'.'a�� ARTICLE IV. OFFICERS ���li_�=_—
<br /> ,... �.r>� .Y' --
<br /> • `'`"`'" Section t. Oesianatioe. �
<br /> .•,��R
<br /> . , � �r_ ... `-- —__
<br /> � The oftieers of tha Aesociation shall canaist of a Preaident, Vice President, Secretary aM T�easurer
<br /> • :;;�� end such additional officere es the At�ainistrators shall fram time to time deem�eeeasery. MY perea�meY hold . �;—
<br /> �.'��•,; two or more offieea, but no one person shall hold the of4ices of President end See�etary simultar�eously. . " --
<br /> i„•:>:;{, Membera of the Board of A�ninistratora may eleo be officere. the P�eaident mey be elected fram the rtKrfiers of �—_
<br /> the Board of Aefi►inistrators. . ,,
<br /> � :t. . .�r y! � _
<br /> !�:{:, .,. � . ..
<br /> __ g�tion 2. Eleetion. '� ',:
<br /> --- ;����;,;��
<br /> �" The officera of the Aasociation ahell be eeected annuelly by a majority vote of the Boatd oi ' .
<br /> °� Administra:ors ef�the annuel Boerd meeting, and ahall hold office at the pteasure af the board.
<br /> .�;,.:��� , � 'r.:
<br /> �'��:�.�' �ction 3. Removal. �� ��j�f�'��� 1
<br /> �;;:
<br /> � tipon the affirniative vote of a+re)o�ity of the Board in ettendenee at an annuel or apecial meeting, ar� : '�f
<br /> � � officer may be removed, with or withwt cauae, and his successor shall be etected thereat. ,� .;r� �
<br /> ' '�,�' Section 4. President. • • .�f�;`'.;
<br /> ��:';+ . ,,`•`��,�
<br /> ,.
<br /> � The Presiden4 ahalt be the chief exeeutive officer of the Aseociation. He shall pres9de at all meetings �. ,-��::��•,r�l., •
<br /> • • of the Assxiatfon and of the Board of Adninistrators. Ne ahall have all of the generai powers and duties wfi ieh •.:� :., �v.
<br /> • � � are i�cident to the offiee of President of a norprofit corporation, includi�g but rtot itaiteA to, the powe� to � :, � , �% :
<br /> � eppoiM cmmitteea f�an among the suite owners fran time to time as he may at his diacretion decide ie � ,��!�'�-�,� �r�'•' ��r
<br /> - ; , appropriata to aseist in the conduct of the affairs of the Associetim. 'ti.` °•�T�1,,'.���' �
<br /> �.i';': `;;� +,;,...,
<br /> E �.J--�:
<br /> .7;�•`� �t1on S. Vice President. :��;r;•��;., �
<br /> ;�,�t;�:., • ,.,��:�-,.t;•�,•.:
<br /> �•,� The Viee P�es{dent shall take the place of the Presidant end perform his or her dutiea whenever the , . ,:'"���,�;ti� '<.:
<br /> «� President shatl be ebsent or �mable to aci. If neither the President nor the Viee Preaident is able io aet, . �• '�`- ° �
<br /> � " the 8oard of Adninisirators ahalt appoint srn�e other tne�er of the Board ot A�inioistrators to act in plaee of , �� �,`���
<br /> ,�,�, •;i}�,t;, .
<br /> i.�';,;-. the President, on an interimbasis. The Vice President shell also perform such other duties as shall from time . 'y�.;...(,.y,
<br /> ;�. , to timo be imposed upon him on c�r by the eoard of Adminiatrators or by the President. I cyy � ,;�-�
<br /> !.
<br /> " . � • ',�i�;�.:;'. -
<br /> '�' Seetion 6. Seeretarv. �?, ,�.
<br /> � The Secretary shall takcs the minutes of all meetings ot the Assaiation arnf ot the Boarci of �,� �
<br /> Admi�istretors, and shall keep smne at the prineipal office of the Assoeiatio�unless otherwiee instruoted 6y
<br /> the BoeM of Adminiatrators;he or she shall have char8e of such books and papers as the Board of Adninietrators ;`�
<br /> � mey direot; end he or she shall, in ge�eral, perform ell the duties incident to the oftice of secretary of a i
<br /> , � nortprofit corporetion organized urxler the laws of the State of Nebraska.
<br /> 1 Section 7. Tr¢�su-.- . : ' ::`' ,
<br /> .. ,i :,� c�:i,:t',
<br /> The Teeasurer shall have the rQSponsibility for Association funds and securities e:�d sAall be �'�'�'` �•
<br /> ' ''..+ ,;
<br /> respnnsible for keeping futl artd accurate financial records and books of account sRp�ing atl receipts aed • • ' � ' ,
<br /> � df�Crstrxnis, ard for the p*¢,baration of all required fina�ial data. xe or she sha[; be responsibte for the
<br /> de�os*e of elt aAnies end OCIRer vatuafole eftects in the rea:� of the eoerd of A���-strators, and he or she ,
<br /> shall, in general, perform atl the duties irtcident to the office of tr�asurer ef z rien-profit corporasion
<br /> o�ganized tmder the laws of the State of Dlc�raska. ,
<br /> 4eetion 8. Cmnensation.
<br /> � Ca�pensation of officers sAall De fixed by tRe Board of A�ninistrators end sAall be reasonable
<br /> _ rn�ncnrinn cencidarina the �ties of the office. Mv Rdninistrator who is also 2n office� sRal! �ot have a
<br /> vute i�� ti�e en�ting of cartpensation for the office or offfces held by said Adni�istraiar.
<br /> Section 9. Aareeme�+ts. Contraet, Etc,
<br /> All agreements, cheeks, contracts and otner Trtst�unents shall be signed by tuo offtcers of tAe
<br /> Association or by sueh other persm or persons as may he�esi9nated by the Board of Administrators.
<br /> ARt�CLE V. BUDGET ANO ASSESSpENTS.
<br /> � Scetion t. Bud9etr
<br /> { The 6oerd of Adninistrators sholl adopt a budget for each fiscal year, beginning on aay tst and ertd��A
<br /> on the next April 30th, which shell include tho estimate of funds required to detray cannon expenses in the
<br /> EXHIBIT "A" 4 of 10
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