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<br />84 -003208
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<br />Exterior maintenance shall not include repair, replacement
<br />and care of glass surface, doors, garage doors, mechanical
<br />garage door openers or any mechanical equipment such as
<br />air<onditioning condensors, and related appliances and equipment,
<br />In the event that the need for maintenance or repair is caused
<br />through the willful or negligent act of the Owner, his or
<br />her family, guests, or invitees, the cost of such maintenance
<br />or repairs shall be added tosnd become apart of the regular
<br />assessments to which such Lot is subject, The Association is
<br />specifically authorized hereunder to contract with any
<br />professional management company, including any management
<br />company related to or affiliated with Declarant, to furnish
<br />professional management of the Properties, and to provide
<br />said exterior maintenance as set forth herein,
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<br />Section ], Haximum Annual Assessment, Until Januarv
<br />l...j (,)f ela: year iuu.ued1ately fol1cwi-ng the conveyance of 'the
<br />first Lot to an Owner, the maximum annual assessment shall
<br />be Five Hundred Forty Dollars ($540) per Lot,
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<br />(A) From and after January 1, of the year immediately
<br />following the conveyance of the first Lot to an Owner, the
<br />maxicum annual assessment may be increased each vear not
<br />more than ten percent (10%) above the maximum as~essment
<br />for the previous year ,,-.ithout vote of the membership.
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<br />(B) from and after January 1., of the year immediately
<br />fcll~~ing the conveyan.ce of the. first~ Lot to an Owner ~ the
<br />m~x~~ annual ,?s~es~~~~t,may b.e increased above ten percent
<br />(.~Oi",i DY two<:hl.1:cs U,iH'U.s) or each clas5 of members who
<br />{lYe voting in person or by proxy at a meeting du.ly called
<br />for this purpose.
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<br />(C) lb.e EO.al:"ci 0_1 D~-rec:tQrs m.ay fix the annual as_'ses.sment
<br />at: an a..--nount not in exeC.5S of the !:1a.ximum,
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<br />Section ;" ~eda1. Assessments for CClEital Improvements.
<br />In adJITTOI,}-i:o rhe -annuar~ili5i"sBm~-auEnorTieo above. the
<br />Associat.ion may levy, in any i'lsses.sment year, a special
<br />i.lS<iessment tiP? liulb ie to that year on 1y for the purl'ose of
<br />de.fraying! in whole or irl pare, the cost of any construction,
<br />reconstruction, repair or replacement or capital improvement l.lpon
<br />the Common Area, inc 1 (]ding. fixtures and personal. property related
<br />thereto, provided that any such assessment shall have the assent
<br />of t....o-thrras.rrr:rr-(lS)' of- the vote of each class of members
<br />""1)(1 are voting in oerson or by proxy at a meeting duly called
<br />for thi$ puq>ose, ' >
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<br />Section 5, Notice and nuorum for Anv Action Authorized
<br />Under~c-rrons. 3iF.C4~~'~en notice ot any meeting called
<br />fOr-tn-e-'purpos-e-or'ta"King any action authorized under Section
<br />:} or ,:, shall be sent t.o all members not less than thirtv
<br />00) cia)'s nor more than sixty (60) days. in advance or the
<br />meeting, At t.he first such meet:ing called, the presence
<br />of membenl or of proxies entitled to cast sixty percent (60".)
<br />of aU the votes of each class of membership shall constitute
<br />a quorum. If the reql.lired quorum is not present, another
<br />meeting may be called subject to the same notice requirement,
<br />and the required q\.lOrUlll at the subsequent meeting shall be
<br />one-half (1/2) of the required quorum at the preceding meeting,
<br />No such subsequent meeciog shall be held more than sixty
<br />(oO} daYl;! foHowing the preceding meeting,
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<br />Se.ction 6 Uniform Rate of Assessment Both annual
<br />and speciAriiiiessmentslliiistne-RieTita uniform rate for
<br />all lot$ and may be collected on a monthly basis.
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<br />. Sect!l?n 7,. Date of Co--.ncUIntof Aueument; IN_ Dates
<br />Toe ilnn\;la U-l$essmellts provIded .tor herein shall commence
<br />a.!ilt9 all 10~!I' on the Hrst day of the month following the
<br />converllnce 0.1 the CO!lll1Wn Area., The firs t regula.r assessment
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