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<br />200709536 <br /> <br />Each unit is allocated that percentage of undivided interest in common elements and in the common <br />expenses of the Association as the area in each such unit bears to the total area of all of the units. <br /> <br />ARTICLE IX. <br /> <br />ASSESSMENTS FOR COMMON EXPENSES <br /> <br />9.0 Payments of Expenses Prior to Assessments. Until the Association makes a common expense <br />assessment, the Declarant shall pay all common expenses. After any assessment has been made by the <br />Association, assessments shall be made at lease annually, based upon a budget adopted at lease annually by the <br />Association. <br /> <br />9.1 Amount of Assessments. Except for assessments under Sections 9.2, 9.3 and 9.4 of this Article, all <br />common expenses shall be assessed against all of the units in accordance with the allocations set forth in Article <br />8 ofthis Declaration. Any past due common expense assessment or installment bears interest at the rate of 18% <br />per annum or at such other rate as may from time to time be established by the Association. <br /> <br />9.2 Expenses for Limited Common Elements and Common Expenses Benefiting Fewer Than All Units. <br />Any common expense associated with the maintenance, repair or replacement of a limited common element <br />shall be equally assessed against the units to which the limited common element is assigned. Any common <br />expense or portion of a common expense benefiting fewer than all of the units shall be assessed exclusively <br />against the units benefited. <br /> <br />9.3 Assessments for Payment of Judgments. Assessments to pay a judgment against the Association <br />shall be made only against the units in the condominium in proportion to their common expense liabilities. <br /> <br />9.4 Misconduct of Unit Owner. If any common expense is caused by the misconduct of any unit owner, <br />the Association may assess that expense exclusively against his unit. <br /> <br />9.5 Maintenance of Reserve Fund. Out of the annual assessments, the Association shall establish and <br />maintain an adequate reserve fund for the periodic maintenance, repair and replacement of improvements to the <br />common elements which the Association is obligated to maintain. If the executive board determines that there <br />are any surplus monies in the reserve fund remaining after provision is made for payment of common expenses <br />and funds needed to maintain the reserve fund, such surplus money shall be paid to the unit owners in <br />proportion to their common expense liabilities or credited to them to reduce their common expense assessments. <br /> <br />9.6 Reserve Fund. The Association may establish a reserve fund by contribution from each purchaser <br />of a unit and from such other sources as the Executive Board shall determine. The reserve fund shall be used <br />for capital improvements and necessary replacements and such other items as the Executive Board shall <br />determine. <br /> <br />ARTICLE X. <br /> <br />LIEN FOR ASSESSMENTS <br /> <br />10.0 Lien for Assessments. Pursuant to the provisions of Neb. Rev. Stat. Section 76-874 (Reissue <br />1990) the Association has a lien on the unit for any assessment levied against that unit or monetary penalties <br />imposed against its unit owner from the time that the assessment or fine becomes due. The Association's lien <br />may be foreclosed in the same manner as a mortgage on real estate. Fees or charges for the use, rental or <br />operation of the common elements other than limited common elements described in Section 2.3.4 of this <br />- 10 - <br />