200611167 - Laserfiche WebLink

Browse

200611167 liens and encumbrances as aforesaid, Declarant or its assigns shall be given the first right to repurchase any vacant lot within the subdivision that is offered for resale. 23. FUEL STORAGE TANKS. Fuel storage tanks are not allowed. 24. LOT DIVISION. There shall be no subdivision or sale of any lot by a homeowner for the purpose of building an additional dwelling. 25. HOMEOWNERS ASSOCIATION. The "LaRue Subdivision Homeowners Association, LLC" hereinafter referred to as the "Homeowners Association", or "Association", which shall be a Nebraska Limited Liability Company, shall be created by the Declarant at his option acting on behalf of the owners and future owners of lots in this subdivision. Each owner exclusive of Lots Fourteen (14) through Sixty-Three (63) in this subdivision shall be a member ofthe Association and shall be entitled to cast one (1) vote at all meetings for each lot that is owned. (The purpose of the Association is to manage and to support financially all park, common, & easement areas, all landscaped entrance ways, and all street landscaped areas, fountains, and accent lighting, the performance of its responsibilities listed in Paragraph 25 and the provision of such security services as may be deemed advisable and practical in the sole discretion of the Association or, until such time as the Association is created by the Declarant, in the sole discretion of the Declarant, and all purposes as the membership deems necessary.) After its creation by the Declarant, the Association shall conduct a meeting at least once each year to organize itself and to elect its officers. The Association shall adopt by-laws for its government and may levy and collect dues. The Association shall have the authority to impose and collect annual assessments for the following: The operation and maintenance of fountains, accent lighting; and landscape of common areas or applicable easements. The performance of its responsibilities listed in Paragraph 25; and all legal & professional fees, directly related to the Association's duties and responsibilities, and the provision of the aforesaid security services; provided, however, that the total of such dues and assessments levied against such lot shall not exceed Two Hundred Dollars ($200.00) per lot per year. Those assessments shall be levied equally on each lot in the recorded Plat of LaRue Subdivision. Failure to pay said assessments or annual dues shall be a violation of these covenants and restrictions. Any such assessments or annual dues shall be billed by the Association to the owner of each lot (accompanied by an itemized statement) during the month of January of each year and shall be due and payable within thirty (30) days. All lots in this Section shall, from and after the recording of these restrictions, be subject to said annual dues and assessments. The Association for a partial year of ownership will grant proration of dues. Said dues and assessments, including interest, costs of collection and attorneys' fees, if any, as hereinafter provided, shall be a lien in favor of the Association upon the lot against which such dues and assessments are charged until discharged by payment or released by the Association, which lien may, but need not, be enforced in the same manner as is provided in the mechanic's lien statutes of the State of Nebraska. Notwithstanding anything to the contrary herein, the Association need not file or record or send any notice with respect to any lien or liens or bring suit thereon within any time specified in the mechanic's lien statutes of the State of Nebraska to enforce the same. The 10