|
. ... , y; -. .. . . , ..� �y
<br /> , . : � � , .
<br /> • r�
<br /> :, ,
<br /> � .. , . �- ,• �,t �,�.._ :,y::.�_._.._ . . ._ _ _. .__._,.,_..__. <- .
<br /> �, < . ,,. .. . .. ... :s . _ _ -- �_. ....__ _.......__� - . . . -
<br /> ," :: M �,
<br /> �' :- .._,�_..__,-��.- ...._... . . - � :•:.
<br /> V/.���_�_ ._ ..� �.�_......y..� S1 :!/•�•� —_..
<br />, . �� - • • - � y , ` _'
<br /> ___ ��.,. �. ��6 _. - . - -� �_�
<br /> .
<br /> .. E�a
<br />—!� 1{ATICLS IS. Y.Oe'iTG0.6&9 � � •. �`_
<br /> s—_
<br />...._ — — _ . 4 . '
<br /> S�CL1oA 1. HOL1C0 to 80at'd Of �iL��ilBtGCD. ' ` ..
<br /> � A nait a�mer vso mortgaqas Aie unit shall notily Lhs Soasd o!11d�iairtr�LOra. Tko Hoasd�hall miataia eueL inlozssa4lon "' ,(:�• . �� ;�'� � ,
<br /> in n book e�itled •ltnrtga4ee ot IIaiis•. �
<br /> 6eetioa 2 Dotiee of Dstnult. f`'S�'�=�_ "
<br /> Ths soaxd of l�dmisletratore, vhen qioing notice to a nait omnes of a default ia payiaq aaeesecanie or oeher defsult� . • . ;
<br /> ehall send a capy ot eacn natiee to eech holdor o! a cnztqr+4e coverinq aacA nnit vhose aane MQ 6�L006 bee tharc�tofore been �
<br /> - fnznished to the Ho�asd of 7�daiaiauaiozb. , ' -
<br /> �-,.;� 6ectioa 3. seQ..,+..ntioa o!Boatn. _ .e:..'t�: :_..�. .,_.
<br /> _�J���._T'_.-. .
<br />. { '..
<br /> t�� BacL nnit arner and each sortgagee oE a nait eLall be pemitted to �e the bookn of accovnt of the flsaocistioa at
<br /> a reaaonnble tiae� on bneineoa daSle. bnt aot core tAaa once eveiy tbzes (3) ooath�vithoat jnst eanne.
<br /> ' .� ..�.
<br /> d1IYCiCI.B 8. D8E7R7CTZOHr DA6QGE Oi!OHSOLffiCStiT 11530CIATZOA 118 IITPORFHY-IH-FRCl ... . _... -- : .
<br />, . ..a•r....
<br /> ' Saction 1 Assoeiation Attorneo-in-fect.. .f• .�--�:.�5:,'._
<br /> Theae Sy-Lavs• as a part oi the Dealaratioa,hereby fude aaadatosp aad irsevoeabtxaction, sapsovement and mainte7iance .��,,����
<br /> as ae2--s��y in-laet to de�vith the property and de�tsacticn, obaoleeceacer �P�r sl ma8e snbjecG to tM ,.,.�, .�_� �
<br />- � all a�sding to ths pzovieians o1 tbis llsti�le 2. ?ittee of ahdaed or aGh��r inst irassat�o uaveY�c�°fz�the Develepsz oz fr� � • . .� .'.� .•..----
<br /> ' tess�aad eonditieaa dereof. end eacepLnnceisY+aY Y=� . Y_';�'-�_
<br /> ` . a�aer ae -ehsll coaatitate and appoint the 1laaoeiation Lia tr,ie ead lavful attornep iz�a aaae.Place and eLead for �•�4r�e::�.-a--
<br /> � �g.y� ravided. 11s attorney- �..-.r,�:f,.� � ."Rs::.
<br /> tL�gnzpoae of E�:cq vith tIIo pzogertY upon iL0 dnma9e or destraction or abeolee o=i��_��a���� officers or the t;,°"
<br /> ' in-fect� tAe liracotiaa� bY its Preeideat aad SeczetazY or 7lseisteat SecretnrY nz8 dsliver any contsaat,deed. ar aay atltes , .
<br /> agtats. sAall haco ibll aad�ZeLe anthorisation� right aad Ba'•+o=��o• ��IIT'� m tad ia thie ...�'"�"�'-
<br /> ' �..,�•�vitb seecpeet to Ltm ia�_ezest o!a anit ocraer arhieh ia axessary and app=opciaf�to ezercise tAe pore 4tsa ., ' --- ---
<br /> ...r �Q. Repair a..-�d seco�.a:r.:c'�_an oP the imProvanents. m nsed ia the enco edia�se^..�L�a��vith eaeh innit aad tre 4e eznl iaad :'��
<br /> " ir.-..-a...}nnte te s--�"aWatlsaLLF i,'�i eams eonditioa in vhieh t'sey e�dsted P� n.t-=..�.ae befose. '` -�-
<br /> , lisd.t7rd e�on e�vaente hevic3 scbetaatially Che ea�e oertieal ard horisoatal bcm . ._��R__. -
<br /> Sectian 3 Da�a�fe aad Destruciioa Reoair aad Recoaetractioa HandaLozv. '���s J"�_
<br /> In tho eveat of any daaago or dastractioa due to i7se or othsr disastez, vIIieh daaaqe or c'f�iru�ion ie detaaniaed b7i ` '�Y''� '•'� � . '�!�
<br /> --�-- tsa B:ud o!7ldaiatotrators to les�tban�itty'sis aad ta^o==..3ids 9er�eat (66 2/3�1 0!LAe total ir.,�S.'sezeat�°st, n°t�cludin4 _ s� �,a
<br /> � la�r oi tbe bnilding coatainin4 LLo conA,•-�+••+mm�nits ia ico V.egins, saeh d�age oz dewtsaation s'.a:.�6e pxo���2p xepaised aad ,,,,.,;,.�.:a�`�"��k���:•e,`.
<br /> xcxmatsnated Dy 4he IInnociation as attorney-in-factr � u+e Seeoeiation aIIall bave lnll saths==Y to dea:� +a=h ias��ee ' �r:- . ..
<br /> gzoeeedt in sac6 repair aad reeonetraatioa. Y;: �'i -,-
<br /> . te, the Association eha11 � �
<br /> In the�veat that insnrance prxeeds are inanlficieat to zepair and reaoa°truet�°�°�
<br /> • • levg e special as�noent to psavids au �ount antficieat Lo wadc,Soct oi n 5 of Article a=s•r.`tion along vith ineure�� '�'. ' b+ � 31
<br /> �. Broceeds. SncL a�e�ssnsaLS ehnll ba levied aad colleated aecozdin9 •�:i - _ "..�_:
<br /> Reciion 3 Damaae or DeetcncL'on Reaair nad Reaonntraction Ootionnl. .,. �• �•
<br /> � Il�: .': .
<br /> Sn the eoeat o1 daoage os deatzactioa due to fire or othar dieeatez, vbieh r�::�S� �r dentzneiion ie detesmiaed b9 th° .t'; �.�•1-�_,
<br /> ' Board o!l�dniai�trator� to be si:Ly-�is aad tvo—thisd� p�rceni (66 9/3t) or mor�of=�total repleeasent wri ot the bno!tLe �+, '. ' .:i�_, �
<br /> .;,�:t' eentainin9 ths eon8amfaiva nnits ia the Re93me� nat iaeladiag land� the Soud ehall forthrith� vit..fa thittp i`-�.� d� - •.
<br /> � �`ic, occorz�ae� o! �aid d�mage or destraetion, call a speaial namLez's meetir+B Yoz theyurpo�e of pracm.-:=i=3 to t'�c�..st oraes�tha .__';�.;;_
<br /> �:.:;t%� �wrnativa o!repair aad reaon�tsuction os oalo, paranaat to Seatione 6 or 5 ei 1lrtiale E. 11L cac=�eati�Su T=d Bo� ��l `•'� �.
<br /> ^ r( -(�:,:_
<br /> ..,'',f; , pzeseat astiaat�s of rapair aad recemstsuation coats� the amnuat o! insnraace pzoceeds available. tis projecrx.-d sece�sity Pc.s> �-�I•� �� —
<br /> •:�: �-� �eaat ii any or apecial a�aesameate neeoeeniy to eover nay defiaionay in iaenranee reeendsr tbe projx"-'�-'�ef B"yC°a' :.I�;' ....
<br /> • t,*�gzopert�as is and prniactad diatributioa o!ali ionde, iaelnding iasnraace praeeedsp ahwld tha ovaerf c�»ss eale ra•�r�s tt�.:...� � i
<br /> ` � CAar: z�p�i,r aad recon�truotion. In arrioiag at saeb figases to Le pr�s�at�d to ths am�ree th�8c+rd utY�'"r"�J °II� °�°�n '�,:.__ �_�
<br /> u deead tdvisable. wlter preeeMation o! ell relevent li�uacial intomatioa s�vdailab�s�����i gla°a �e.�!°IIeh ..,P:�:� ,�._
<br /> in th�Rngise �hall be reqoised to aGopt anaaiman�ly either a plaa o! zaD� ' �j ,�.•.•
<br /> � aaaniaau� affinestivs vats o! said wasr�ie not obtaia�d. the eaa:d oY A�niaisad ia vrit�int4 bY�heiairet mut4+4e�se otprecord �'`�_:z �
<br /> �als bindiag nyon all amar�. lbsy plaa so adopted mnst snbeeqne�ly bo appr � �
<br /> �s oE th� d�t�of adogtioa o4 th�plaa.
<br /> ��_s
<br /> S�oiien C Dlaa ot Repair aad RECOASlsqaLlOA -- Oariaa o!Destroation.- r�-: ' ..� c�._�
<br /> f � . ;�,.',..`''. •�+.�,'--
<br /> � Ia th�avant thst n plan ot repair nnd recowLxuction i�adoPted bp the coc^rr.�na and subseqaeaily appzoved by the iirsL � ' . _
<br /> • mortgaqe�s. a��Lav� ��t fortb� tE�Bwrd oY l�iaiatrstor� enall fosthvith psocee�z� repair and reeanstsact tLe impzovaasat� �'`.. ' -_=-:�_.---.
<br /> u eet tost� ia Sectioa 7 of Artiola E. ' � --
<br /> ''-
<br /> saatioa 3 nlan o�ltale-- Demnae oF DeeL=netipn_._ ^��J
<br /> �y.'.,,`'i�±:
<br /> ��
<br /> '.�'y:.:� , ees as ebove � _
<br /> In the eveat tDat s pl�n o! sale ie adopted by sLe amers aad subsegaeMly+PP=°°ed�y th° !ir°t rostgag r � -• -
<br /> ar6 iertL, or in th�av�nt that a plan of repair�ad recowt:netioa ia adopted by th�a�m�r�bnt ie aot�pyrwed by LRo seqcired _.wl•i :'
<br /> c•.3ab�s oi lir�t mostgag���oi s�aozd viLAia oi�cty (60) dqs lro�th�edoptioa o! th� lw�thaa ths Eoard ot A�iai�tr+tozs�hall ' �
<br /> � loxtLvitO r�cord a notin s�tting losth wcn taot or taat�.aad aDcn tL�seeording o�.n�n aosi�.�1cn r,n. oilie�o!th�Reqister ��
<br /> ot D��d� oi 8�11 Conaty� 8sbra�ka� bq th� 74�oaiatioa•�Pr�sid�nt aad B�or�t�ry os 1la�i�taaL 8�cretar9• Ld� eatir� seaaini*�9
<br /> ' ' ys�ais�� �II�11 bs oli�s�d!os s�].s �nd sold by th�tu�oci+tion parsuaat to th� prwi�ioas o!ihis 1►rticle,u attorney-ia-f+ot . �•_
<br /> tos �11 oi th�wn�ra, lr�e und al��r oi the p:ovi�lone coniaincd ia the Dealaration, ths 1lstial�� o! Zaeozgaratim and theDa
<br /> '� Sy-L�n. The instuancs �ettlmont prace�dn sAall be colloated by W 1leaoaiation, aad�uaL proceeN sAall De diviEed bq tLs ��_3._
<br /> 1►s�ociation aceozdinq 4o eaoh am�r•• iator��t ia ids qenerel eo�oa elwat�, and �ueh divided Hzaea�d� sh�ll ho paid i�`a _'a
<br /> �epu�te aecvuat�, eaan�ach aeewat rapresantia9 one o!the eondaminiam nnits. EteD �uob aceauat �h�ll be ia tAe aane o! z;a �
<br /> � 1lssaaiation, ued�hall De tustAer lQentilied bp�he coadanini�anit d�siqaation and th�nam�ot th�ovaer. 8za�eacL eeparata ��n�:__
<br /> ' � tecouat� the Ju�ooiation, aa attorney-ia-faat, ehall lostharith uee sad dishurse the total amount o! �acb oi snah accocnta, _
<br /> �A'...�
<br /> vithanL eantsibotian !ra oae accouat to aaotnez, Lo+rard t6e ysslSal or lull payaem oi eLe lien o! any first moztqage aqdasi F:��,; : *���^,�•. _—
<br /> . � th� condaeini� nait reprasentad by �neh �eperate aecaaAt. Thezetit�s, eaah enab ecaoant ahall bo enpplem�nted hy ths : :
<br /> . am ��1" 7 .. . '.�
<br /> ' ' eyyertloned aaonaL of tLe gsxeed� obtdned Sram the eale o! the �ntire psoperty end aap available inad�oY the Association. �.� _ . , ,
<br /> .-tft;-;�, 6nab eypartio�snt�Lall be based upon aacL eonAaminium nniL am�r•• int�reat ia th� geaszel ca�an el�ent�. TA�totsl luad� t,,� '. __
<br /> c�.,.. '�
<br /> :.:�'rrj;. o! eaaL aocaunt sA�ll be n�ed and diibnrsad.vitRout coatritmiioa l:aa one accantct to aaothez� by LDe As�aoiatioa� u attorneq- ,t;+,}ij�',P . =
<br /> ia-LavE, a� e�t LortD ia 6ecilon 9 0! Artiole I.
<br /> • � ?y�on 6 �andennation. '•Y':•�.1'�.-t'F"��i ,
<br /> ' In tAe event o!takinq hy condemuatioa os aninent d�aia oi all or part oi the eamaoa asea. LAe nvard made eMll be paid ?!Mes�S�.�.
<br /> � �;;;. to ths Board o! 1lmiai�L:atoze. I! wner� oi the unit� ia the Cond�inium yropesty Re9ia�do aot, vithin ei.�y (60) dny�fron — "°""-"__
<br /> Lhe date o! L�e ar�rd. uaanimously apprwe ths uee of the prxeeds iroa tbe are:d !os nse in repsiring• e�aading or restoring
<br />• ;,.,;;�; the ca�oa m-"as. the Boasd o!Mmini�tratoz� �hall SoxttnitA di�burs�the not prxa�d� o! ths arard for !he sam�purpos�nnd in .;�T-�.
<br /> �._.} tl�� �aas order as i� pravidad in Seation 9 0! Artiale E.
<br /> �t�'~.
<br /> �wEion 7. yanz oi s�le. ... '
<br /> a• 'tyF �•�-
<br /> ' In the event of aa:e o! Yhe antire Regiae pureaanL to Section 5 0! Hrtiolo Y, or upon adoption of eueh a plui upon !;,'':.•'�,�;.- ,�l�,_,.
<br /> tormination o!the Condamir.ica Droperty Reg imepu raunnL to Seation 3 0!7►rtiole ItI, or othenriee,tAs lw�oointion shali Anve all �.;, . ___ _ ,
<br /> th� gwer� eeL fosih it�Azticle Y in dealing vith a putchaser or puscha�ars ae attoraey-in-iaat. - —...-
<br /> �"::li'� �•1 �-� �_•�.
<br /> � ' SeaGion 9 Ap�lication oi Droceeds. - " i'• ��
<br /> �fp"*°.'_
<br /> proceede received ee set lartb in the preceding SeeLione nnd ae applicable to each ua1E ohall be ueed and diabnteed by L��;;:,,. ,:�
<br /> tLe Aeeocietion ee attorney-in-taat, in t�o folla�i.ng ozdor• ' , `',•�� _
<br /> •:
<br /> ' � (s) Por payrmant oi tu�con and apeeiel asoee�mant�. lione Sa tevor o! any nunoeeing entity and tho ountamery enpenee oi �
<br /> ealeJ . '..�:; ° __
<br /> � (by lor psymant oi the balanee o!Lhe lien o! any lirst mortqage� . �T� � ,
<br /> ���
<br /> , (o) Por payment of unpeid aasesamonte aad nll coeta, es�ennes and foan iaeurred by bho Aeeociationi r.(j5,±.;�:.�
<br /> �d� poz payment of jnnior lieno and oncuabrancen ia the order o! end!o tho oxtont ot iheir proportpi end
<br /> � {e) Tho balaaee r�aininq, i! any, o6a11 be gaid to tF.e condaainiva un1L e'+mer• �,' , ��
<br /> �..... "�::.il,,
<br /> _._,. _-.._._—..__,._._�._.. .
<br /> _ _-=°° _ _
<br /> , �:
<br /> { 1
<br /> � ' �,,
<br /> � ' . � �K:___
<br /> ' • ���•; •. ' _. . ''1 .. .. �- .. - ,� . ,. t.. '� _ ,.. , , , .t
<br /> , • � - � • � � - ��. ' � � ' • • c '
<br /> � ..c.d,. . .. .. - . -_ . .. . ' . . ' .. . . �� ' ... - . � .. . , ,. _...,. ` ' • ... . . . . , � ' ._. . ,. • -
<br />
|