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�� - ��;'?�;=�t- . .,.�- '�`� -':i;.`- - - ----- -- -- ---- - --- - -- -=- - ---. -- --- _ <br /> . � . y.�. _ _ . _ Y� ..ri f� . _ _ _ �_ _ . _ � , _ . � _ ._ - . <br /> ."�' ` , 5 _ ..... __ - _ �iS -_._.' — -.. <br /> .. ..�.'::, � <br /> ,...1 _ .-,• _ — <br /> ,,. .. . . _ .�,c � _. — - - - -. .. . , . . . . .. <br /> i� �:> X .. .._-- ` --- . . �. . . .. . _ . <br /> �<_ -- ;..� . _. � - . � - . ��_ � . <br /> . _ , _ . a� . <br /> ts+�asaacar oi � nnnprolit corporatiart osgsnis�d und�r th� lat� o! � <br /> t.t�s Stats ot Na�c'arlt�a. . . . - � � <br /> ---- - --� ... �?+,�+,+�a. onmansat3on� Co�pensati.on.ot o!liaess ahall 1�i � ---- - ----- - <br /> e . _ liYed Dy t1r Hoas�d o! to�as and shall l�s r�ssonabl� _ <br /> __ <br /> , <br /> =P,_ , ooa�pansaticp considsring ;. ths, duti�s._, ot. t.�ra o!! r.s., u►Y <br /> � ad�inistrator Yho is alao an otlicfr abaYi nat hsvs a vots in ttM = =- <br /> =' -� - aatti.oq, o! co�pwsation !or the affica or o!lices bsld bY. �sald — <br /> 7ldain�etxator. � . <br /> -- �ti *_ 9. am�aw�enta_ Contraat. �t� 1l11 agraesents, <br /> =- a1�sc][s� Contract8 atld othei 3AStso�ants �s7.1� De signstl by� tro <br />= o�lfc�rs o! tbe !lssoaiation or bp su�h ot�r psrewn ar p�ssons as <br />�_ �ay bs Assfqnat�sd by thef Boar� of �fnfstratorR. <br /> .,: <br /> . , <br /> -.:-.;: . - <br />.. . <br /> -,� . A8'1`ICLE`�C. H[1DGBT 7WD'��S.S _ <br /> ... ., <br /> � :: <br /> .. . <br /> :, . .. . . .. <br /> , Sl�Li'1'S <br />`,t�i, i ��+� :�-' Ssction i. �tT,� `��oard,o��`_7l�inidtrator� stu�ll .,..-; . ` <br /> , � <br /> �.:, �� . <br /> +�s: ■ r�� :� �:��-:a budc�t_fOt e�bt�:f�, yea�ta;Z�innin9 oi! t�ag_lst il�lid en��,+o� f ' -- <br /> � . -:,, -�_.-tbe =rsxt 1lpr i�;3�f3�q �i c b s h�l l i.n a l u�e �ri b es t i�a t e- o f t t m i�t <br /> �s = _ ..�� �n <br /> `.,. lfscal and to <br />�;���=r - ;�::�<<.� � �;;, r�qu,ir+scl to defi�►1�:�� � in tLe caainq Year a _ <br /> `, '`� ' :;psovide tur�ds;�,-�arr,'-;cs�sent;::�;$xpenses, ' r�sesves !or dsle�red ' <br /> F � _ �'x saintanance, .ri�ives !os sr��e�ents, artd:�iserves to prov'i,d� a • - - <br /> � � �rorkinq t�md ar���:o°aeet aAt3�� la�.."�ai�:��b s�s as t�e8�e�i , �� <br /> t`���- � _ . to a�kd up aay_cT�tic##,in tbe''��[sa:-�sessaents for .g�ar . . ��, -- <br /> �r�e � `'`'�' ���. Ot Q3C21 �A � <br /> � r Years. TbA blidqBt shall l�:. ,#�,•" Yea�'���� y" <br /> ;�� �. Yadvance 4t the: g h ,� �'�a:�`� �ies tlte b t an�.,'�e • . <br /> ;,,�.���`� , cosin lisaal ��ia���;.; .:� �98 ,,,, ..� � <br /> �;,Yt�� �; _ '�� =�� aAnual assessaerats tor each e+t��_slut�'�•�e sen�°to sach suite a�s . <br /> '`�' on or beiore 'tJ� ltay lst begiAnSinq of t.&e liscal yssr tor tdlic� tl�ke`` �'� <br /> ef� . . ; <br />�A�'�r'�'� r� � • � ---- <br />- ,,.1�.: --�-=£'- - ��.: ,; . buck3et is sacte. . : ... - <br /> ;��-:N: �fi:c}s''•'� - :,.;�.'.:"� . . . "�-;;;' ��; ; _�-- —. <br />';Y�''7� :43�iTC.'� 'Y.• . -����•'.�:� -- .; . k. . `L. <br /> "Y ,#�.:�-.L Bu�qets �ay be aaenda8 dnrinq a carrent fi�cal �':�� ��;� <br /> s��:�`rS:��. � '�� YSaI' Y��4;•,':,� , ,;,• .. '',,f':�� <br /> � ;;�;r � . . nacessasy, but�'r.opies of t3ie �ded buvqet �id pro�osed fn , '�'i ` , <br /> ` �.�. . �or decrease fiin; assessaents s�,3 be sail�T,;��o each suite� : �f� .z <br /> 7 � , 1.:. Faf��t —. <br /> �� �- ----- prior to t.be eflectiv� date a��:�h ina�a�-� decreass. ,- � -���,�r .� <br /> ,i`��i��r�_,- � ,�.:,,. . ���� ' .�}/N�E/--,= -- - <br /> r�('/ - 3 fJ F — � � • � .- . : . ' :.,�' � ,' ( '�'1•.�jh�•(tr . �" . <br /> . it� . - - ;on�. Annual �sseasaent�.- ..� ie�'st annual ttssA�it . .;:'�`F;.- +� <br />- ,°'�'4°�. ``<. shall bs levied against each suite �ar 1�a3L�: �'. , ` - ;�`.., <br /> •�; ��, and '�the thereof on go� ��'f"`�'�� . ,"�_. <br /> ;��.�:;; <br /> . , r�Y :� � 1992, os May 1 ' o! the ne�tt f.�c�l year afti� relinquish�eat;.�� , <ri��;��,:;': : ,,� <br /> - �,'��� �"• ' . COAtI01 OZ' �tIB �SSOC�B�OA �'::OBV@lOpBT� '�ii�ChOV�I 8�12f11 18s5t t`` ,:: •�;� <br /> �rf{�r' � `�- . , <br /> �,:.:. `. , ocaur. The annuai assessaent��lsball be divide� as evenly intv, 12 � � �;.`�c�.- <br /> - � • sontbly psy�en� as poss3ble t�ith ttta tisst.pa�y�ent to inolw�e .t2ie , :. ;:�,�,:r <br /> . -�V . �'`: � rea�i.pder after..division. Tte�e sonthlY PaY�evxts sball l�ecaa�dnie � �;: ~.,,:��' � <br /> _,�.7a�� .� � ,;` a�� ♦ ���,f�� ;F.;,4, ��,-p.._- <br />.. . t e f�' _ .,. �d ��1� . :. � �Q Zst ','�f• �y �d W!G '�i. 0� eaQh ��Lti+.ii � 3 .c���i��. <br /> i��, �pa � t�� '� r•_� <br /> •. ;. c 9 � <br /> :.;�;: . tlureatter di�icfr�g the Pisca��=:��ar. l�nnual�,assassients lor� �h � ;;���.;::..Y� .,, �� '«'- <br /> tiscsl ysar t�ereaftsr shall � levidd and 6ha11 becaas dt�:'�d . 't;`'�'.�t' �'�i,r��1 �.'' <br /> � �:���;. . � . <br /> ��i'ty; �'-;-- , p�►yable in �te saae satuier. �nnu� . asses8aents to be 2et�3L� .: �. „ ;,+, `,` ,:r.., <br /> ��*',{, � against eac2c suite and the�, owner. �ereaP sball be co�d `,,. - I.'. ��! � � '�':,�' �l� <br /> ';';t}rg �" -. � accordinq �a� s�b euits�s shar.� �f the total�at�nual budqet far��a `��`,`� ���� . <br /> !( � ry.� �; i•'.., <br /> rf.�:;;� ,. .--. - � ti�ca]. ysa� �,ased upon the p�c�ntaqe of sucb suite•s tfasic.v�r�e , ;`{w';�'�::• : t�, <br /> ��'ti;f: '.;�f1�3'c��,��� <br /> .;�,,;,,; �,` . as set torth ��n Paragrapb IV c�L.the �laster DeeB. • _ s�• <br /> :, . ..:° r ;y.a{;.y��� <br /> �� r: `�;�«;;> <br /> � � "' eecause insurance, repafa and �aintenance ana atiher �eat ' • �� �ti•}�r,;:�• <br /> •�s�_';x::�.� ... , ,.. . , , <br /> ,:�,;;�; .. costs are chasqeable to the �oainiu� wbich.bet�ef its. fra�:�as, � �, , , , <br /> ^^�t� the suitesy,�in �iflerent condctscxc�iwis aay not have equal aa�o�atis ot <br /> '.r. w.(``,��/ot a:s���nbif• � ., il�, .. _ . , ' <br /> -�- �i:� . . � `. <br />��*�"`�' j��`��4i`M°,'��`�<;���'�`" �ection_�. tnteri� �ssessaentsd 6lntil lsay 1, g�'33, or until "t: .. � <br /> >�,�t:;�,: ',�.,;:'' . <br /> s�'� ,_'���;;�'�`'; ' `'� � the f 3rat Rev� of annual ns�pa��fi.�, accas�n,g to 5eation a o! ,�����':�<, <br /> ' .+��>s;:;��:�� : . ;.. 1ls�ticle V�:�f�r the Oeveloper sha��2 re1i�£sh control of the .7?=�:�,:,`: <br /> '���,, ,t ��.�,�� 't; : ;,,F.• ti�;�����se follawing interi.� �rae�ssapalts shaal be d� a�'�8 <br /> . { �:>;.�.., , <br /> .:,'' , `'����;��;�', ,�.,.'• �lssocia .,.,.� , � <br /> r,,. ;., e- <br /> ���-�� •�;°���� ; ',`"h��' L�aYab�..4�;� first day of each ca�ar a�nth: - <br /> ,�.:>'''� �����r Yi�` �'�r�� ' . .. 4 <br /> �h <br /> 'i' � . <br /> .+, �X';���:�."`,• `�.��_;� �:;,�•:.�1'�:;r..l�: Ynte�i� Assess�ent _(�er_l�onthl I� � , <br /> ;o ��r..r , � �:�..:,:.`it�� $65.00 .�.. <br /> --- '_ .._.._ � � ..,.5, - $65.00 . _ _ . <br /> �,.,: 6 $65.00. . <br /> - 's�� ? $55.00 ' . , , <br />- t• , �'i ' . I. <br /> .r. .: � <br />. • . . <br /> . ?; .c �'.•. . , ' <br /> . s „ '� . _ . _. .. . . . . . i <br /> . � . ,.. <br /> ;• � j.. .� • .. '. ' . <br />. .�.. i'.:._�._-....:. _.:.L�t. ' . .. . . s��. .. 1_ _ <br /> .. _.-� <br />"_�".____._ ��� �. ��. . . . . . .� .. ... ._.' . ' __'_. . .� _' . _. . . . . _ _ _ . . _.. ..." _".�..___ '..`. .._.. <br /> ..``�.' <br /> f:,- 1 <br /> - , � .�,��.� E <br /> :.- _ . . . <br /> � � =�� <br /> �-��,. � i <br /> '.f. _ , _. . _ _ - - -.- ._ ._ . . _ . _ — . . _ . � . . <br /> � ,,. � - — <br />. . .,� -_ _ _ <br />