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200314908 <br />Executive Board shall elect the officers. The Executive Board <br />members and officers shall take office upon election. <br />(b) Declarant reserves, without assent of owners of units, the right to <br />establish easements, reservations, exceptions and exclusions <br />consistent with the condominium ownership and for the best interests <br />of all the owners in the condominium, and to supplement or amend <br />this Master Deed and Declaration, or as amended, or the attached <br />By -Laws or as amended, until Declarant releases control of the <br />Association as set forth in (a) of this Article. <br />(c) Declarant further reserves the right to add to the condominium <br />additional real estate of one or more lots, being Lots One (1) and Two <br />(2), Four (4) through Six (6) and Lots Nine (9) through Twenty -one <br />(21), inclusive, Westwood Park Seventh Subdivision to the City of <br />Grand Island, Hall County, Nebraska, and reserves the right to add up <br />to thirty -six (36) more units to the condominium. In the event that <br />Declarant exercises this right, the reallocation of common elements <br />and expenses shall be accomplished by using the formula set forth in <br />Article VII herein. <br />(d) Declarant reserves the right to use any units owned by them as <br />models. Until completion of sales by Declarant of all anticipated units <br />in the condominium, the reservation of rights in this paragraph shall <br />be applicable to any real estate or units added to the condominium. <br />(e) The initial land submitted to the condominium was owned by Kenneth <br />Shuda, a single person. This land submitted to the condominium <br />is owned by Rudolf F. Plate and Jeannice R. Plate, husband and <br />wife, and Tim C. Plate, a single person. Those acting in concert, as <br />a part of a common promotional plan, include Rudolf F. Plate and <br />Jeannice R. Plate, husband and wife, and Tim C. Plate, a single <br />person, and Kenneth Shuda, a single person, and any successors <br />and assigns to Declarant and their rights, and they may submit the <br />other land and units described herein to the condominium form of <br />ownership. <br />ARTICLE VII. ALLOCATED INTEREST <br />The allocated interest in reference to the undivided interest in the common elements <br />and common expenses of the Association have been established upon a formula utilizing <br />the square footage of each unit (exclusive of basements) divided by the total square <br />footage of all units (exclusive of square footage of basements). If additional units are <br />added to the condominium, the same formula as herein set forth shall govern the allocated <br />interests after an addition in reference to the undivided interests in the common elements <br />and common expenses of the Association. Each unit is entitled to one (1) vote per unit and <br />this formula shall also govern in the event that additional units are added to this <br />condominium. The allocated interests are as follows: <br />Square <br />Foot Area <br />Percentage of Expense in and <br />(Excluding Basement) <br />Rights in Common Elements <br />Votes <br />Unit 5 <br />2,435.20 <br />18.99 <br />1 <br />Unit 6 <br />2,168.39 <br />16.91 <br />1 <br />Unit 13 <br />2,306.79 <br />17.99 <br />1 <br />Unit 14 <br />1,872.51 <br />14.61 <br />1 <br />Unit 15 <br />2,174.25 <br />16.96 <br />1 <br />Unit 16 <br />1,863.88 <br />14.54 <br />1 <br />3 <br />