f^p | .r^-o .ttelz.{*..par./ :: d.l- iwhe heas, rhe u nd e r s i s n e,j, rr e r e j- n a f r [bv...

50
.FJ | 'fhis instrurnent was filed for recoid . I onthis.__€__.dav ot.-ea-S,-_.._-1._ coN Do M ri{r rrr4 DEc r,ARA * rofftlff. t.n'. u* €--J*( n,"1,,,f r. F^p | -1_.M, and <luly recorded in llrxfk I .r^-o ."ttelz.{*..par./_::_d.l- rHE LIF'r coNDot"lINIUqs ,@!a&., ,)d .r.) rHE LrF'r".coNDoMrNruls t4&!,t&^,t i{at:aa C(IMPLEX A I r.yt, , r Wntyd;i'/J wHE hEAS, rhe under s i s n e,J, rr er e j- na f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I-- '--- '- annexed hereto, and WHEFFAS, Declarant d{sires to es*"abIish a condominium nrn.ian+ rrnrtor +he Ncw Mexico Rui ldincr '-r4i-t Ownershil: Act- and project under the New MexJ|co Buj-lding '-rn j-t Ownership Anendments thereto, and WHEREAS, the improverdent.s (condominium units) wi-LI be owned as provided hereinafter; NOh THEREFORE, Decladant does herreby submit an<l der:Iare !l--- !--- ^..-^l --l L^li i'^ ^^F that th€ Project" shall at all times be own he.Ld i:r con- dominiunL ownership under $he wew Me:xico Building Unlt ov/ner- ship Act, as amended from time to tj-me,, and that th':: fol.Iowjnc, terms, ctonvenanr:.s, condit{ons, easements, restricti'Dns, uses , reservat;ions, limitations and obligati.ons stral] be rleeme<l to I. eSgl'vat;IOnS, lImItaEIOnS aI:tLl (Jorrgd!:r.9rl5 brLdtrr' ps userLtqr LL' run witti ttre larrd, shall $e a burden ,eLnd a benefit to Declar- ant, it-s, succes::;ors and aEsi.gns, and -tny person or enti tY acquirirtg an i.nt-erest in f.her real property EInd improvements' P!lJrr_Tl-949. l.:L "Assessments" afe commorl e:Kpenses as derfined in Article 6 hereof. 1.:2 "Association" mi:ans The Lift Condominiunrs Un:i-t Owners ,\ssociat:Lon, CornPIbx A, a New Mexico non-prcrfit corporaLion, its successof and assigns* ' 1. 3 " "BuiIding" real pr,cperty. the brrild ings construct.ed on th'e -L..+ map 'berari;og the office of the name of the County 1.5 "Condominium Udit" means t.he unit together wich fhe appurtenant undivided inlerest in and to the generill con:rmon elLments assigned to the unit by and under t1.is lDeclarat-:Lon and as shown on Exhibit :J. 1.6 "Count.y" means County of Cc'lfaxr New Mex,:ico ' I.7 "DecL.arant" me{ns Bai}-ey-Merrtz AngeI Fir': Venture, a New llexico partnershiPt T

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Page 1: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

. F J

|

'fhis instrurnent was filed for recoid

. I on this.__€__.dav ot.-ea-S,-_.._-1._coN Do M ri{ r rrr4 DEc r,ARA * rofftlff. t.n'. u* €--J*( n,"1,,,f r.

F^p | -1_.M, and <luly recorded in llrxfk

I .r^-o ."ttelz.{*..par./_::_d.l-

rHE LIF'r coNDot"lINIUqs ,@!a&., ,)d .r.)rHE LrF'r".coNDoMrNruls t4&!,t&^,t i{at:aaC(IMPLEX A I r.yt, , r Wntyd;i'/J

wHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7,ie the ?wner o:f the real froperty describeT-En-Rxtr i- tr i-F-I--

' --- ' -

a n n e x e d h e r e t o , a n d

W H E F F A S , D e c l a r a n t d { s i r e s t o e s * " a b I i s h a c o n d o m i n i u mn r n . i a n + r r n r t o r + h e N c w M e x i c o R u i l d i n c r

' - r 4 i - t O w n e r s h i l : A c t - a n dpro jec t under the New MexJ |co Bu j - ld ing ' - rn j - t Ownersh ip

Anendments there to , and

WHEREAS, the improverdent .s (condomin ium un i ts ) w i -L I beowned as prov ided here ina f te r ;

NOh THEREFORE, Decladant does herreby submit an<l der:Iare! l - - - ! - - - ^ . . - ^ l - - l L ^ l i i ' ^ ^ ^ F

tha t th€ Pro jec t " sha l l a t a l l t imes be own he.Ld i : r con-

domin iunL ownersh ip under $he wew Me:x ico Bu i ld ing Un l t ov /ner -ship Act, as amended from t ime to t j-me, , and that th' : : fol . Iowjnc,t e r m s , c t o n v e n a n r : . s , c o n d i t { o n s , e a s e m e n t s , r e s t r i c t i ' D n s , u s e s ,reserva t ; ions , l im i ta t ions and ob l iga t i .ons s t ra l ] be r leeme<l toI . e S g l ' v a t ; I O n S , l I m I t a E I O n S a I : t L l ( J o r r g d ! : r . 9 r l 5 b r L d t r r ' p s u s e r L t q r L L '

run w i t t i t t re la r rd , sha l l $e a burden ,eLnd a benef i t to Dec la r -an t , i t -s , succes : : ;o rs and aEs i .gns , and - tny person or en t i tY

acqu i r i r tg an i .n t -e res t in f .her rea l p roper ty E Ind improvements '

P!lJrr_Tl-949.l . :L "Assessments" a fe commor l e :Kpenses as der f ined in

A r t i c l e 6 h e r e o f .

1 . :2 "Assoc ia t ion" mi :ans The L i f t Condomin iunrs Un: i - t

Owners , \ssoc ia t :Lon, CornPIbx A, a New Mex ico non-prc r f i t

c o r p o r a L i o n , i t s s u c c e s s o f a n d a s s i g n s * '

1 . 3 " " B u i I d i n g "r e a l p r , c p e r t y .

the br r i ld ings cons t ruc t .ed on th 'e

- L . . + map 'berari ;og

t h e o f f i c e o fthe name ofthe County

1 .5 "Condomin ium Ud i t " means t .he un i t together w ich fhe

appurtenant undivided inlerest in and to the generi l l con:rmon

e lLments ass igned to the un i t by and under t1 . i s lDec la ra t - :Lonand as shown on Exhibit :J.

1 .6 "Count .y " means County o f Cc ' l fax r New Mex, : i co '

I . 7 " D e c L . a r a n t " m e { n s B a i } - e y - M e r r t z A n g e I F i r ' : V e n t u r e ,

a New l lex ico par tnersh iP t

T

Page 2: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

I

First Mortgdeed of t rus wh

a I l agee and du n L t .

11 "O&rner"ner , assoc ia t ion

, owning a Un

'Elemente" means t l .oee parts of thei r i which are elther limited to and

'use of an owner of a condominium

reserved for the cornmon use of noreI of ttre condominium unit oitner6.

s any person or entitY who is aor a beneficiarY under a deed of

instrument encumbering a condominiums the Inortgagee or beneficiarY

Ie the firet and mosc senior oftrust oncumbering a condomlnium

the real property and alL improve-

meanE the real ProPerty located lnMexico, deecr ibed In Exhib i t L

lndividual ai 'r sPace whlch is con-r wa l I s , f l oo re , ce l l i nge , w indowsdepicted on the Condominium Floor

l r n i

o f

s" inc ludeg : ( I ) a l f sume lawf uI .LyOrrrnera by ttre AssocLation of Unit:

dminis t ra lLon, maLntenance, repai r orareas and fac i l i t ies i and (3) expen-

s e s .

t t means an Ot^rner who ln conjunctionundivided interest as a tenanl in

Cornnon FurnishJ-ngs, euch Ownershipit number followed bY a dash and a

conmonr e 6 e r vuni tthan

mortgt rustuni t "under

thereoual infac i l i

1ments

Itheannex

andPIan

a g g e sOwn

n

acqu1.a8 th

"LLmitedeas and facifor the excl ].

aare l i rnitedbut fewer

O "Mor tgagee"under a nor

s l -mi la r sec i r

14 "un i t "tained within the Pe

of, each untached hereto of Exhibit 2, together with all

f ix tur s and lmprov lherein contaJ-ned, but not including

any oIocat

the etructura I o f the bu l ld lng , i f any ,

wilhin the

rest in thee g .

12 "P ro jec t "the real per

I 3 " R e a l . P vty of, Colfaxhereto.

15 "conmon Exagalnst the

(2 ) expenses

Lm?

as

ve

+ r 1 +

r t of theses d common

. 1 6 " M u l t i p l ewith er Ownersc in and to a

designated: bYr f,ollowed bY

bej-ng

Agree t . " No Un lMult le Owners.

a Unl.L7 " Comnion, inc luding

APPI , decora t

shinge" means the peraonal- property i 'nrn i t i re , tableware, cooklng utensl le ,teme and bedding, at the time of the

i t ion of anreaf ter

-subs st in a 'Un1t by a lltu1tlp1e Owner ancl

or augmented from tine to time.

- 2 -

Page 3: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

ARTICLE 2

DOMIN IUM UN, ITS

2, I D iv is log ; !3$ap ldomin ium l l rn i ts . fhe improvementsare d iv idea-Et f f i - condonr in i -um es ta tes

r igh ts spec i f : ied fo r tha t I -Jn i t on Exh ib i t l l . fhe numbe. r oJ :each u t r i t , i t , s Ioca t ion , approx imate area , c l i rner rs i .ons , nurn t>e t :o f roo lns and immedia te cQrrunon area t -o wh j -ch iL has access . r rc )se t fo : i th on Exh ib i t 2 a f tached here t -o .

2 . 2 P h v s . i c a 1 D A s c r i - p t i o n o f C o n d o m . t n i u m U n i . t , s . T h eth i r t y - f i ve ( 3 l i ) Un i t s a f e one , two i i l d t h ree s t . o r y and s l i aL l - Lbe dev r> ted t o r es i dey ' l t i a f pu rposes on l y . Cons t ruc t i o r r o f t : . h t :

2 . 3 L i r n i t e d C E.Lenents . , \ po:rt ion of t-he CiommonA r e a s a n a F a c i t i t i e s i s f e s e r v e d f o x t h e e x c l u s i v e u s e o f c h , : )

r e f e r r e d t o a s " L i m iELements so : reserved shaI I be ident " i . f ied on the ] l . l .oor F ' Ian a t - -tached here to as Exh ib i t 2 ; p rov ide i l , howerzer , 'L t ra r t any coJr t ] ,p a t i o , b a l c o n y o r d e F k w f r i c h i s a c c e r s s i b l e f r o m , a s s o c i . a t e r fw i th and wh ich ad io ihs ; r Un i t and ar ry o ther L im. i tc :d ConunonE I e m e n L s s h a I I w i i t r o u t f u r t h e r r e f e r : e n c e t h e r e t o , b e r : s e d i n

i t . , 4 L e g a r l D e s d r i p ! i o n o f a C o : n d o m i n j . u m U n i t .

and Dec la ra t , ion to i ie f { Ie rd fo r record .

- 3 -

Page 4: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

nlum prp jebe f i l pd

Tenancy in

Ortnerand Defyingof theD e c l a r" Sub j

P l a n ,sha l ld e s c r

Owner :

i n s t ai f a nser t

i n c lc a s e

.2 A contrac lci t ten be fore the

ra t ion may dpsct number fol[-ow

. 3 A f te r recb rd ng thee r y c o n t r a c t ,

the eale of a UnLt to a Mult ip1ei l ing fo r record o f the F loor P Ianbe a Condomin ium Un iL by i t s iden t i -

by a dash and a numbe:r and t-hei niameU and with reference to the plat and

r record and fo l lowed by the wordsAgreement , "

ion tot o a

scr ibe thei o n :

Dec la ra t ion , and the F loc l rany o ther lega l ins t - rumentUn i t accord ing to the fo l low ing

( a ) I n t h e c a

Condomlnluni unF l o o r P I a n f l I

Eor-Tfr.eTfEr a a a r d a r i i r irecorctecl rn tsoo f Co l fax Couna n d D e c l a r a t l or e f e r e n c e , L o qundj.vided l . lntef a c i l i t i e s , w hres ident ia l ] Puother res l r l i c tthe Dec la rd t io

In the cas4 o f

, ; l

Condominiudl Unto the F loqr P

of an Owner other than a Mul t ip le

Descr lp t ion

t _ , accord ing to thed f o r r e c o r d i n

Condomi ni rrm DeETE?ffi6--dominium, Complex A,

, P a g e r . t r e c o r d sy,

-16 Mexir:ol-ff i lch Plan

are incorpr r ra ted here j .n byther w i th percentageest in the clommon area and

h Un i t sha l , l be used fo rposes on ly and sub jec t tove convenants se t fo r th in

a Mul t ip le Owr le r '3

Descr lp t io t

T

an-fTlffi' t accord ingfor recor :d in

and Condominlumt Condominium, Com-

in Book ____, Page ,_ax County , New Mex ico ,Dec la ra t . j .on are incorpor -re fe rence, t -ogether w i the und iv ided in te res t in the

fac i l i t ies , wh i .ch Un i t ,r r e s i d e n t i a l p u r p o s e s

to o ther res t r : i c t i ve cov-h in the Dec la ra t :Lon, e rub-

in Common Agreement.

a re spec i f i ca l l y appur tenant to

a r a t l o rA , r e r

r d s o fh P I a n

h e r e i r

_ P e r c lon are il b e u

and s lt s s e t

t o a '

S J , ] . I

, i t , s hident ire feCor d a s i

r t h e c)scr iber Ie Ownrd iv ide

added to thc dcscript j-on. InUn i t des ignat ion (and park ingdata o f the Dec la ra t i c ln sha l l

theeach

g p a c e ,be irr-

r o p r i a t e .

f an owner , such descr ip t , ion sha l len t i re Condomin ium Un lL , and in thesuch descr ip t ion sha l l inc lude anderes t in the en t i re Cor rdomin ium Un ib ,

- 4 -

d e s c r

Page 5: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

i n c l u d

L imi t

z

New I'le

in theCommonE I I q I I

numberd i v i dappurt

croatheo f amonthalh a n ' F

sha l l

to he

sh i f t

no t be cons ide a s a n d F a c i le i n i n c l u d e ,

' l . . r r a r r n r i nv J v - - v - - - -

g the appur tePan undivided i-nterest in t ]-e Conunon

4 . 5 A C o n d o m i n i ucper ty tenancy re

fo r ingress anduse o f any

n d a l l o f t h e o t h e r r i g h L s , e a s e -a t i o n s , c o v e n a n t s a n d r e s L r i c t i o n s a si o n .

Unit may be held and owned in anYat ionsh ip recogn ized by the laws o f

5 I N S rab i i r o f a C o n d o m i n i u n t U n i t .

on ly a such an undi'f l id

6 N o n - P a r t i tF a c i l t - e s .

- ^ - r . iP e t L f

or do

Commo A r e a s

the appur tenant und iv ided in te res : tac i l i t i es a r rd any appurLenant L imi tedether compr :Lse one Condomin ium Un i t ,m a y b e c o n v e y e d , l e a s e d , d e v i s e d , o ro m i n i u m U n i t .

ed Condomin ium Un i t iden t i f ied by a, a le t te r and a number , and i t s un-

on Areas and Fac i l i t ies and anYElements sha l l " together compr ise an

er in a Condomin ium Un i t , sha l l bev e y e d , l e a s e d , d e v i s e d o r e n c u m b e r e di n e e r e s t .

l i r of Corrunon Areas an<la c i - I i t owned in

sement for such encroachmen'L and forme sha l l and does i ex is t . I f any par l

sha l l herea f te r encroach upon the Com-

, or upon another Unit, the Owner ofhave an easement fo r such encroach-nce o f the same. Such, encroachments

to be encumbrances e i ther on the Com-

, o r a Un ib . ' Encroachnents re fe r redre no t I im i ted to , encroachments

( b ) A d e s { g n afo l lowed bY a da

i n t e r e s t i n t h e- i"t" i""t

i" { i . 'nant L imi ted. Qot as a Mu l t iP leable and maY Pe

upon a Uni t ,n tenance o fi t encroacha s a n d F a c i li t shal l and

for the maredt i er r #

nd iv ided, and no r igh t o f ac t ion fo rthe Common Axeas and Fac i l i l i es shaL l

, 7 E a s e m e n t s ncroachments . I f any Par t o f thees encroaafres or shal l hereaf ter en-

r a m h i n

is iofr o

el ti v

c h a

o r d; - +

in the Condom n 1 1 1

n a a € + h o c er r Y v r

^ r r a ^ n n c t r

. 8 Sments an

any I i t i c a l s u b d ior o f any o th

r a t e leachsepafor! i ^ ^

i g ina l cons t ruc t ion o f : a . bu i ld ing , byF l o o r P l a n , b y s e t t t i n g , r i s i n g o r

by changes in pos i t ion caused bYof the pro jec t o : r any Par t thereo f "

t r i c t

i o n o f C o n d o m i n i u m U n i t s . A I I t a x e s ,

1 .1 be car r ied on t t re tax records as a

ed aga ins t an f l cand not on a bui d ing or the Pro jec t as a wt ro le , and

s e s s m e n t , . t h e v ashall be aPPo[t it ion Lo the ff iac

rce l . For the PurPose o :E va l r ra t ionation of the Common Areas and Faci l . i -

ned among the Condominium Units iniona l o r percentagJe und iv ided

(a ) Each i - fn i tConunon Areas qndElements sha l l . l to. i"::Y1'1:t: =1red on ly as a

r - "

- 5 -

Page 6: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

i n ter e a lU n i t s .s h a l ls a l e oor otha f f e c t

S u b j e cand Mue n j o yr i g h t s

to theM u l t i pthe LiP I a n aO w n e r ,

3s ionsp l e t ec l u s iownedcommo

M u l t icond i{ : l c

p a n e lbut ns u r f af l o o rI i n e s ,

n f h o r

s h a l lw r i t tn i

a I t e rwith

m a t e r

malnc l u d is t a I It i e sr o n a i

no ac

F i ^ L + + ^r f Y t t L u v

M u I t i p I eA g r e e m e n t .

4 O w n e r ' s

te in the Comrilonoperty appurtenan

The l ien for taxe conf ined to tha

any Condomin{umr governmentdl ch

eas and Fac i l i t ies , inc lud ing theto and par t o f such Condomin ium

s assessed to any Condomin ium Un i tCondomin ium Un i . t " No fo r fe i . tu re o r

n i t f o r d e l l n q u e n t t a x e s , a s s e s s m e n t s

Owneruse andthe

a n e x c l u s i v e r i g h t t o u s e a n d e n j o yts des ignat< ld here in o r on the FLoore Condomini-um UniL or.Jned bv such

t, and each Or,vner shal l . h,ave t 'he ex.-en joy the same. ' Ihe r igh ts in a Un i . teha l l be se t fo r th in the Tenancy in

rges sha l l c i i ves t o r in any waythe t i t le t9 +ny her Condomin ium lJn i t

I T IGHTS EA

ARTICLE 3

EMENTS AND OBLIGAITIONS

I O w n e r ' s R i in Common Ar :eas and Fac i l i t ies .to the ot

t i p l e O w n e r s d a r

he Common Aro f u s e a n d e n

d F a c i l i t i e s : , c o n g i s t e n t w i t hn t . o f o ther Owners .

2 O w n e r ' s R i d h t s in L imi ted Conunon E lements . Sub le ic l :o ther o rov is idns a t J . o n , e a ner and

Owner sha l l havi ted Common E+eme

appurtenant to t

lO w n e r ' s R i in Un i t . Sub jec t to the o ther p rov : [ -

th is l a r A t , each Owner shal l havel ful l and coln-o n o f h i $ U n

use andOw{ le rs

Ma n c e R e s s tb i . L i t f o r : H i s U n i t .

ce purposes , an Owner , o ther than aob l iga ted to keep in good repa i r a .nding wa l ls w i th in h is Un i t . t .he mater -

t e d t o , p l a s t e r , g y p s u m d r y - v ; a l I ,t , wa l . l and f loor t i le a r rd f : Ioor ing ,

f loor ing , wh ich make up the f in isheda n d i n t e r i o r w a l l s , c e i l . i n g s a n d

nc lud ing Un i t doors and w indows. fheu i t s o r s y s t e m s ( h e r e i n r : e f e r r e d L oough h is Un i t wh ich ser .v€ ! one or noree a s a n d F a c i l i t i e s . S u c h u f l i l i t i e s

re loca ted by an owner w j . thout , theva l o f the Dec la ran t and the Board o fi o n . A n O w n e r ' s r i g h t t o r e p a , i r ,e r i o r o f h i s U n i t s h a l l b e c o u r p l e d

ep lace any f in ish ing or o t -her :imilar or ot-her types or kini ls- of

same qual. i- ty,

r than a Mul t ip le owner r iha l li r the in te r io r o f h is own lJn i . t , in -

reo f . A l l f i xdures and e<t ru ipment ln -commenc ing a . t a po in t . whe: re the u t i l i -I be main ta ined anr i kep t : in goodthe Owner thereof . An Owner shal l dto

wi l l impa i : r ' the s t ruc tu ra l Boundness

- 6 -

Page 7: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

orted oa lwayUni t

Art icexpenuse i -Owner

r a t icon t r

repa].

requmaintheManag* i n ] o

Owner

I e s c er e p l ashaI Ir e p l athe* 1 r o

add i tExhib

M u I t i

suchamoun

non-eA r e a sb e nandunder

the iUniy ealsemLimf tedand san

expqnsee l l n i t

11 bie pwitlh rother

n i t s .

' I + i r l l a

r c # ^ h

o , 9 r sr a l y s

ny qorrnrer lanca r r o rectgrsn A N l r o

suc4 Unc f t h c

.he $venCormlon,e Bqardcauqe r,ng +nyI co l t cre J.rf sUr: ip l4 Ovr c a q a.ded horrr tent ionhis fanra i r or -,ner ano{ul t {p1e

' o r t t re bu i ld ing in wh ich i t i s loca-

n t o r hered i , tament . An Owner sha l_ lElements appurtenant to his

ta ry cond i t ion

for ma in tenancer repa i r , a l te ra t ion .as hereinabove set forth in thi.sid by the Owner of a Unit. i \ny such,spect to Linited Comrnon E.Lement-s whose

i ts sha l l t re pa id equa l ly by the

r sha l l make no improvements , deco-s Unit or to the Common Furnishings orb jec t the Un i t o r Corunon Furn ish ings

lmprovement .s , c lecora t ' lons o l :

on o f a Un ib . owr lec l by Mul t ip le Owners, repa i - r o r rep lacement , thLn suchep lacement e rha l1 , be accom,p l i shed byf the Assoc ia t ion or i t s des iqnated

st thereo:E shal l be borne bv the MUI-t in the same proport ions as thei rch Uni ts as set for th in Exh: ib. i . t 3 .

of any dameige, destruct ion, or obso-rn ishings or the need to repa:Lr or

o f D i r e c t o r f i , o r i t s d e s i g n a b e d a g e n t ,Common Fur:nishirrgs to be repaired or

surance proceeds toward the costsuch repai . r : or replacement exceeds

n c e p r o c e e d s , t h e A s s o c i a t i o n s h a I Ier his proport iona.te share of thenit common expense, as seb. frcrth inver , i f the damage or des t ruc t ion is1 or neg l igent ac t o r omiss ion o f anyI y , g u e s t s , i n v i t e e s o r l e s s e e s , t h eep lacemenL sha l l be borne so le .Ly byt h e A s s o c i a t i o n s h a l l a s s e s s s u c hOt tner .

t s . T h e3 . 5 A s s o c i - a tcl -us iVe f ight laand .Fac i l i t i e$ , Lessary or appfoprnct ions which i t

Assoc:La t ion shaL l have dmake such use of Conunon

Elements and Un i ts as i mayper fo : rmance o f the du t iesor permitted to pe:rform

easement t 'oflited Cornmonate for thes ob l iga ted

Ownerforh a l IandF a c i I

n e ri sa i rwhi

n a

horcowa

c e .

or Mu l t ip le O1Vcess beLween } t

c o r r L d o r s , s Eher easementst i e s . E a c h O l vlve easement , +ing those thapIe Owner , fo ris par t o f h ipn i t , i n c l u d i n flev is ion serv f -

t h i s Dec la ra t t on .

.6 Easement f ,o r ss , Suppor t and Ut i l . i t i es . Eachsha l l - have a non-exc lus ive easement

it and publj-c roads Arid streets, over, w a l k s , i f a n y , a n d e x t e r i o r a c c e s s

are part of the Conunon Areas andor Mult iple Owner shal l . have a non-

over Corunon Areas anal Faci l i t i -e.q,w i th in the Un i t o f another Owner , o r

zonta l and la te ra l suppor t o f the Un i tin ium Un i t fo r u t i l i t v serv ice to

, s e w e r , g d s . e l e c t r i c i t y , t e l e p h o n e

e x c li n c lM u l twhicthat

' . and

- 7 - .

Page 8: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

l ocarhownerOwnera c c e s s+ i a c f

n e c e s 9thetherea c c e s 9necesEl

resu l trepr e s u l tcommonv i d e d !tor t lfami lythen sa n d l is h a l ltheyand reloca tn e g l ic a s e sbe theOwners

O\,/nerdominCommonprohiba n f i { . I

+ J a 6 r r a

Tena

t r us tium Unand r i

Eaeements L ts for Malntenance andEmerqenc

runon Areas and Fac i l i t iee may beay be conven ien t ly access i -b1 .e on l ' yia t ion and each Owner and Mul t ip lent, whlcl may be exerc:Lseid for any

the Assoc ia t ion as h ig agent , fo : rnd to a I I Common Areas and Fac i l i -ing such reasonab le hours as may bence, repa i r o r rep lacement o f any o f

I i t i e s l o c a t e d t h e r e i n o r a c c e s s i b l et , tha t such easement and r igh t o f

fo r mak ing emergency r r :pa i rs t .here ine to the Common Areas and Fac i , l i t i es

the in te r io r o r any par t o f a Un i t .nance, repa i r . emergency r fepa i r o r

Conunon Areas and Fac i l i t ies o r as ars w i th ln another Un i - t sha l l be athe Owners and Mu1t ip le Owner :s r p ro-uch damage is cauged by neg l igent , o r

er or Mul t ip le owner, members of h ise e g , i n v i t e e , l l c e n s e e o r t e n a n t ,

I t ip le Owner sha l l be re rspons j .b ledamaqe. A I I damaqed imnrovements

Lial ly to th,e eame condit. :Lon in whichd a m a g e . A I l m a i n t e n a n c e , r e p a i r s

n Areas and Fac i l i t j -es , whethero f Un l ts (unLess necess l i :a ted by the

t ious ace o f a Un i t Owner , in wh ichc h a r g e d t o s u c h U n i t o w n e r ) , s h a l l

a l l o f the Ov/ners and Mul t ip le

Part I Condominiun Uni t Prohib i ted. NoMul t ip a ' I I par l i t j .on or subd iv ide any Con-

m U n i t , t h e CElemein ts . Th

A r e a s a n d F a c i l i t i e s , o r t h e l , i m i t e di s i o n i s n o t i n t e n d e d , h o w e v e r , t o

t jo in t o r ownership by two or more persons orUn i tn no r t o p roh ib i t o r r es t r i c t .

l t ip le Owner:s in accordar tce wi th aof a Cor , . lomi ln iu

9 Easements cenant . The easementg andr ightsUni t a

here in c rea le lI be appurtenant to the Condominj.ums i g n m e n l , I e a s e , m o r t g a g e o r d e e d o fa n y t r a n s f e f , a

d other instf,ume

of the Uni t Syin Common Ag{ee

nd o ther ins t fumet sha l l be dedmedhts as are pr fv id

ts a f fec t ing the t i t le to a Condomin-to g ran t an<1 rese : lve th ,e easements i

fo r here in r €v€r thourgh no spec l - f l cre f e r to euch ea ts appeara in any lueh tnstrument,,

Page 9: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

Uni t

andt h i sCommonand to

4i n t h esha l ICondombersh iownerautomaEacht l e d t+ h a

Cond

unt i Imin iumtsheD e c l a r

vriththa tc a s ethe te

s h a I Icentaga s s i g

r stedi t ua ra

rthum

or

r a

c IArfun i

ry

ARTICLE 4

E ASSOCIATION

G e n e r a l r , s and Powers . The L i f t Condomin iumComplex A, been formetl and

co corporat, ion not-for-priof:Lt to beat ion to wh ich re fe rence is rnade inorm func t ions and ho ld and manaqe thees as prov ided in th is Der : la ra t - ions ts o f Owner 's and Mul t ip le Owners o fp r o j e c t . I t . s h a l l h a v e a . L l p o w e r g

e f f e c t u a t e s u c h n u r p o s e s .

lL. There ghall be one memberships o c i a t i o n f d r ch Condomini,um Unit, which membershlp

ach Condom-i.nium Unit. fhe Owner c' f -a

t i ca l l y be the Owner o f the mem- ,a t Condomin i .um Un i , t , and t i t le to andip fo r tha t Condonr in ium Un i t sha l l

ch t rans fer o f a Condomin ium Un i t .um Un i t sha l l - au tomat ica l l y be en t , i - 'nd sub jec t to the burdens ie la t ing to

d o m i n i u m U n i t " I f t h e i n t e r e s t i n aby Mul t ip le Ownerer , the membersh ip ,

oir of its authority to an executiv'et ive manaser or d i . rector for the / \ ,s- i

tw i ths tand ing anyi g h t y - f i v e p e { c e nU n i t s i n t h i s p r obers o f the Bdardnt and need nft

addi t ion, sh0uIdy person or e$t i tr son , o r t he des iy b e , s h a l l b f a nm o f such conf rac

4 Votinq of Owne s. Each Owner and Mul l ip le Owne: :

appurt nant to that Cond in ium Un i t gha l l be shared by a l l ,in the same proport ionate inb,erest ,

and byCondom

ersh ip as the in te res ! in the

shaI II u t i o ncommits o c i a tannua l

3 Board o f D r s . T t r e a f f a l r s o f t h e A s s o c : i a t i o nof D i r€ lc to rs wh ich may by reso- .

Board o f D i rec to rs sha l l be e lec tedI t i p l e O w n e r s . T h e r e s h a l l b e ti rec to rs , a l - I o f whom sha l l be Owrrers

r M u n ium Un i ts e le ic ted by Owne: rs andMul t ip in i .um Uni ts "

ns o r en t i $ l essame type of

m Uni . t ie t ie td

sonhe, ium

r

+

e n t i t l e d t o c a sund iv ided in le reto h is un i t i

h ing to the con- t ra ry p rov ided here in ;( 8 5 t ) o f t h e t o t a l n u m b e r o f C o n i l o -

e c t h a v e b e e n s o l d b y . t h e D e c l a r a r r t ,of Directors shal- iL be a,ppointed blr

Owners o f Condom;Ln ium Un i ts .

the Assoclat ion iont.ract at any t: i -mgto manage the Condorn j .n lum Un i ts ,

na ted agen l o f the en t i . t y , as theex o f f i c io member o f the Board dur : ins

votes based on the appurtenant pt:r.-t in the common Areas and Fac i l i t :Les

ing by proxy sha l l be permi t ted .

de legate any por te e , o r t o a n g x e con. Members d f ty by Owners arid M

of the Board o fr u t r Er re l t (Jdr q

ip le owners o$e owners of C1

- 9 -

Page 10: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

th isr i rwhichNotd a t e ,mat teAs soc 'no t lsha l 1

not id r a

d r e s sfurn i

d r e s sOwner

t ionda teo f o rY v e

d e t er * v

forma

thet i o n

Owner

t l -ed

+ a r

t e r .meet irequia E a nsubsf o l l ofo ro fr a t i o

a p l u

a n dwi thr a t ic l e si n g ate r .s ,en t wA s s o c

5 Not i -ces . ExcclaiEEf6il ealchto aC leas t f i - f tuch Orvner or MUI

o f meet lngs shaime and p lacN o fto be voted dn at ion at the t l imesha l l be deedede deemed fu r r l i shthereof i s de iposcs tage or cha l rge

form to be coqp leed to the Asdoc if u r n i s h e d , i f i tf the Condomj.]ni

o t i c e , o r i n f d r m aat te r and fo r any

d a t e s h a l l n d t bCe on which the pf Owners i s p4opo

f f n o r e c o r d d an wh ich the n{ t i csha l l be deemfd t

g t another melt. inement set fort lh i

such subsequtntuent meet ing thaling the p ieceding

pect to Own

pt as a g rea ter per iod is spec i f ied inrvner and Mul t ip le Ov/ner sha l l be en-g n ( f S ) d a y s ' n o t i c e o f a n y r n e e t i n g a tip le Owner has the r igh t Lo vo te .I be in wr i t ing and sha l l s taLe thethe meet ing and sha l l ind : lca te each

the meeting which is kno'rrn to then o t i c e o f t h e m e e t i n g i s g i v e n , A n yiven and any in fo rmat ion or maLer ia i

o r de l j -vered to a par ty a t the t imeted in the nra i l o r aC a te legraph o f -

p r e p a i d , a d d r e s s e d t o t h e p a r t y . A n yter ia l shaL. I be deemed p : roper ly ad-

u l t i p l e O w n e r i f i t i s a d d r e s s e d t o t ' -o n t h e A s s o c i a t i o n ' s r e g i s t e r e d a d -

ed by such Owner o r Mu l t lp le Ovrner andt ion or , i f the name and address i , sis addressed "To the Owner" a t the ad-

Un i t o f such Owner o r Mu. l t ip le

T h e B o a r d o f D i r e c t o r s o f t h e A s s o c i a -r to f i x i -n advance a da te as a recordd e t e r m i n i n g O w n e r s e n t i t l e d t o n o t i c et ing or to be fu rn ished w:L th any bud-

o r m a t e r i a l , o r i n o r d e r t o m a k e afor any purpose. The Owners or : Mu l t i -n y s u c h r e c o r d d a t e s h a l l b e d e e m e dc e , v o t . e , m e e t i n g , f u r n i s h i n g o f i n -

o ther purpose and fo r any supp lemen-ion or mater ia l w i th respec t to thead journment o f the same meie t ing . A

m o r e t h a n f i f t y ( 5 0 ) a a y s p : : i o r t or t i c u l a r a c t i o n r e q u i r i n g d e t e r m i n a -ed or expec ted to be taken or toe i s e s t a b l i s h e d f o r a m e e t i n g , t h e

o f s t r o h m o o i . i n c i q # i r o * a i r r a n + nr r r s E : L r r r Y , - . . - w B , O !

e r e c o r d d a t e f o r t h e h e e t i n q .

y - o n e p e r c e n t ( 5 I t ) o f t h e v o L e s e n t i -r p r e s e n t . , i n p e r s o n o r b y p r o x y , a t

m a t t e r , o r a c t u a l L y v o t i n g o n t h e m a t -orum fo r cons idera t ion o f t i ta t . mat -

o rum is no t fo r thcoming a t anymay be ca l l .ed , sub jec t to theS e c t i o n 4 . 5 , a n d t h e r e q u i r e d

not toequorum

may and shalf T n n n r n n r r + i

y reasonab le

e t ing , p rov ided chat no suchb e h e l d m o r e t h a n s i x t y ( 6 0 ) d a y s

m e e t i n g . I f a q u o r u m i s e s t a b l i s h e dt t e r , e x c e p t a s a g r e a t e r p e r c e n t , a g e

e r a s p e c i : F i . c p r o v i s i o n o f t h i s D e c l a -voLes ca^6t ore t&€ natte:r or, in ttre

ch there are more than two can< l ida tes ,t , s h a l l d e c i d e t h e m a t t e r .

corpora t io4 an4 By-Laws. The purFosesat j -on and Lhe r j .ght .s and obl ig i l . t ions

rov

r membersh ips se t fo r th in th is . Dec la -ampl i f ied by prov i .s ions o f the Ar t . i -d By-Laws o f the Assoc ia t ion , :Lnc1,uc1-s ions w i th respec t to corporaLe m.1 t -i o n s s h a l l b e , a t a n y t i m e , i n c o n s i s t -f th is Dec la ra t j .on . By-La lss o f the

here to as I l xh ib i t 4 and incorpora ted

but no suchth any prov isati-on are at

b y r e f d r e n c e

]-

- 1 0 -

Page 11: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

I Assoc ia t itioF-TiTEFE

Owners andh of them to

Owner or Mur U J - T ] . I I A I I

e x e r c i s e a I Iupon i Ls de

th and hand lp r o v i d e d .

e r e s t i n a n ynt of the As,bove.

2 Cornnon Areds as h a l l p r o v

, , r epa i r $nd. Wi thout l im

I i g a t i o n s s h a l l in d F a c i l i t i e s i n

n , o r d e r a n dls f rom suchaccess to the pro

s a f e , a t t r a c t i v erab le a l te ra t ionso or on the

i a t i o n s h a l I p rand rep lacemef t ooper ty , bu t wh lch

3 other Assobiatk e a n y a i t i v i f y ,h e r t h e i n t e r b s t sU n i t s o n a s e l f - ga s s e s s m e n t b a b i s .s mav inc lude thei r d pe rsons fb r

and t rash cofor ind iv idub l

a n s w e r l n g P esewage d isnosf l

4 Labor and Fert he se rv i ces o

. or any part ths we l l as such one to be neceissa

t h e p r o j e c t , w hd direct.Iy by thwith whom or l,thiand pay fo r legale in connect ionorcement o f Uh is

. 5 A s s o c i a t i o l n Ra y a c q u i r e . : a n q h oI t i p l e o w n e r s , r ety and may ' d iqpost to the ru le$ anand Mul t ip le Qwnety . Upon a tq rmi

OBLIGA

ARTICLE 5

OF THE ASSOCIATION AND PROHIBITION

As soc ifor thand

t i on^ - . { + n

p r o J e cd e a l wi n a f t eany inpo iv i d e d

c i a tmain teF a c i l is a i dAreascond imaterimpairp roJeco r desh 6 h f q

the Asrepa i rR e a I P

u n d e rt o f um i n i u

se rv i- - i r L

s erv it e l ewat :e r ,

paya t r a la b l e ,d e t et i o nemploe n t i tob ta id e s i rf h a

t ionand Mpropes u b j eOwnerprope

A t t o r n e y - i n : . F a c t f o r O w n e r s . ' f h eevocab ly appo in ted a t to rney- in . - fac t ,le Owners o f a I I Condomin i -um Un i ts i

, con t ro l and dea l w i th the in te res tOwner so as to permi t the Assoc ieL-

s du t ies and ob l iga t ions hereunder :r igh ts hereunder , to dea l w i th the

ion as here j .na f te r p rov ided, and torance and insurance proceeds as he l re -

ep tance by any person or en t l t y o fin ium Un i t sha l l cons t i - tu te an aD-on as an a t to rney- in - fac t as p ro*

F a c i l i t i e g M a i n t e n a n c e . f h e A s s o -c a r e , o p e r a g l o n , m a n a g e m e n t ,

eplacement of the Common Areas ancll ing the genera l i t y o f the fo rego i .ng ,c lude the keep ing o f such Corunon

, c l e a n , a t t r a c t i v e a n d s a n i t a r yr ; remov inq snow and any o ther

n Areas and Fac i l i t ies wh ich migh t -ec t o r to the Un iL i keep ing thea n d d e s i r a b l e ; a n d m a k i n g n e c e s s a t i y

add i t ions , be t te rmen ls o r improvc . r -A r e a s a n d I l a c i I i L i e s . I n a d d i t i o n .

v i d e f o r t h e c a r e , m a i n t e n a n c e ,roadways wh ich are no t , a par t o f the

p r o v i d e a c c e s s t o t h e R e a I P r o p e r [ y .

on Func t ions . T-he Assoc ia t ion mavunct ion or serv ice fo r the benef i t o ro f a l l r sorn€ , o r any Owners o f Conr lo -p p o r t i n g , s p e c i a l a s s e s s m e n t o r

S u c h a c t i v : l t i e s , f u n c t i o n s o rprov id ing on i t s o r r /n o r to cont racrI i c e o r s i m i f a r s e c u r j . t y s e r v i c e s ,

o n s e r v i c e s , m a i d a n d c l e a n j - n qndomin ium Un i ts , check- in , ma i l andc e , a n d g a s a n d e l e c t r j . c a l s e r v i c e

other conrmon servicest

ces . The AsEoc ia t ion mav ob t .a in andny person or en t i t y to mana.ge i t seo f , to the ex ten t i t < leems adv is -er personne l as the Assoc ia t . ion sha l l

or desirable -€ar the proper opera-ther such personne l a re f l r rn ished or

Assoc ia t ion or by any person ori t c o n t r a c t s . T h e A s g o c i a t i o n m a v

and account ing serv ices necessary b rich the opera t ibn o f t i " re p ro jec t o r

D e c l a r a t i o n .

h t to u i re P r . The Assoc ia -or use a of the Owners

1 , tang ib le and in tang ib l+a persona lo f the same by sa le o r o therw j -se .regu la t ions o f the Assoc ia t :Lor r , eaohand the i r gues ts may use suchtion of condomini.um ownership of the

Page 12: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

o f a ndomini-um UnIt sh

the Aesoc ia t ion , the benef lc iaLr ty eha l l be deemed to be owned by

propor t ion as the i r respec t iver e a s a n d F a c i l i t i e s . A n a s s i g n m e n tI I t rans fer to the ass ignee ownersh ipia l in te res t in such proper ty w i thouti f i c re fe rence there to . fhe t ran : : fe r

r fo rec losure sha l l en t ic le theI in te res t in such proper ty .purcha er to the benf f i c

c i f i c a l l y i n f l u dry easements fo ron by the Ass fc ia

pro jecin te re+ h a + l r

i n te re

o f thethe neo f a

sneces sopera tt e m ,

and d isso lu t iont in any such pr ,n Owners in thets in the Coruhon

a s s i g n o r ' s b e l r e f ie s s i t y o f a n y s p endomin ium Un i t un

here in i s thee cons t ruc t - ion ,

r:Lght to obtainmaj-ntelnance and

ion of a water or other ut i l i ty sys-

5t ion Il ease

a I I h a v er r e n t a l o f a

7 Ru les ande n f o r reasonab l "egove n g t h e u s e

Such ru lese u s e o f t h eoyment by a l la p e r i e s , s h a drm and attr v e

. F n f l | 1 1 1 | a s sspaces ) o rA r e a s a n d F a c i l i t

par t i

and o f the Common Areas and Fac i l i -l a t i o n s m a y w i t h o u t l i . m i t a t i o n : ( i )

E l e m e n t s t o a s s u r e e q u i t a b l e u s ens en l l t l ed t he re to ; ( i i ) r edu i reother window cover ings shal l present

appearance :Erom the ex ter io r o f agn par t i cu la r por t , ions o f park inq

areas or oLher fac i l i t i es r r / i th in thee s f o r e x c l u s i v e u s e b y O w n e r s o fi t s .

a i l s to comply w i th such r iu les andother ob l iga t ions o f surch , Owner o r

Dec la ra t . ion . The .Assoc ia t ion mayaga i .ns t any such Owner to en force

s , regu la t ions or o ther ob l iga t ionsn o n c o m p l i a n c e , , a I . L t o t h e e x t e n t D e r -

6 S a I e , L e a s Renta l b A s s o c i a t i o n . The Assoc ia -i n t h e s a l e ,l ' h a r o n f

and au t r:Lty to engage.Lum Uni t or any par t

t j -ons . T 'he Assoc ia t ion may make and

o formly app.L ied ru les e rnd regu la t ions

t i e s .r e g u l aa n d e nthat da u n i :

a r e a sCommon

vot ingdur ingr e g u l aM u t t i pa l s o tcompli

m i t ted

3

e x e r c iD e c l a rof lhbe ne

mortg o f ai n

i n i u m

Un i twith

pers o

suspend any Owner o r Mur l t ip le Owner rsr igh ts in the Ass ia t ion dur :Lng any per l .od or per iodswhich such Owheri .ons, or wi th anye Owner under th ike j ud i c i a l - a f t i once wi th such ru lf-tii"-a.*;;;; ;;;b y l a w .

rl i ed R i t 'g

e a n y rt i on , o r r

D e c l a r a t i o n , o rs s a r y o r d e s i f a b l

The Assoc:Lat ion ehal l . have and mayv i l ege g i ven to i t exp ress l y by t h r sy to be imp. I ied f rom' the provis ionsiven or imp.Lied by law, or which rnay

to f u l f i l l i t s du t i - es , ob l i ga t i ons lr ights o r p r i v i l e g e s i

t s o fA r t i c I

Noth ing conta ined in th isany milnner l imit the r ight of afror -atiag t&c'nepairs or im-

the app l icab le . p r :ov is ions o fj . ts mr:rtgage r

a g e e .prec lLude or t-n

Condoininip r ntsthe

accorFanF l a n l b r r----r- *

- 1 2 -

Page 13: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

ARTICLE 5

ASSESSMENTS

ul ,ar As n t s . E a c h O w n e r a n d M u l t i p l e O w n e rshaI lamountamounta s s e s s

s

n t s s h a l l b e mad

gata s s e s s e d t oare here i -n

Pahe1 1 e

d I I

i n

a ida l l

and eha l l pay to the Assoc ia t :Lonndomin ium Un i t o f such Owner , wh ichassessments . The appor t ionment o fa s p r o v i d . e d i n A r t i c l e 6 . 3 .

s i o n s h e r e o f , t h e B o a r d o f D i r e c t o r shave the power and au thor i ty toconnect i -on w i th a6sessmenLs, inc l r - rd -o de termine where , when and how as-to the Asgoc j -a t ion , and each Ownerbe required to conrply with any suclh

ts fo r Ca i ta l r o v e m e n t 6 . I nAssoc la t ion may levyper r iod as the Assoc i -

de f ray ing , i n who le o rrecons t ruc t i on ,

any pa r t t he reo f , o ri ncu r red as .p rov ided

f A s s e s s m e n t s . A e r s e s s m e n t s e h a I I b eappur tenant , percentage und iv ided

s and Fac i . l i t l es aes igned to a L , ln iC

a d d i t to the requ l la r s s e s s m e n c s ,

of thedeterma n 9sessmeand Mudete nat ions

specr -aa t i o ni n p a rrepa i rfori n th i

6apportin teas se tUn l t ,day oLmaylowing

amounted forDirectrequ iannua lde ta i I9 € t Iany eandsment'sr e s ebudget

= n r r f i

cos tsc i a t i

f i s c afor t, F r a ^ +

f i s c adays

c i a l

a g s e g s m e n t s r P a Yy d e t e r m i n e , f o r

b le over such athe purpose o fc o n s t r u c t i o n o rt h e p r a j e c t o r

r red or to be

n3 Appor t iooned accordt in the Coforth on Exi t le to wh ler than the

t h e a s s e s sa g s e s s m e n c

n A

J 6

i od

4 Determinat lon f Budrequ

. T'he Board ffto any Owner pr

e to ta l " *ou . t

tca l year sha lp - ben d e x p e n s e s o [ f u

made in connbct i

. I f Ownersrh ip o f a Condomin iumr ived f rom Dec laran t , conunences on a

d a y o f a n a s r s e s s m e n t , t h e D e c l a r a n tt i l the conmencement o f the nex t fo l -o r the same may be prora t .ed .

v i o u s lr a 1

approved budpet .b v a s s e s s m e n t b f cyear sha l l be th

f i s c a l v e a r b l e t ined as above and mul t - ip l ied by a, the numerafLor f which ie the number of day3 in then, the numera fLor

p e r i o d a n d . . t h p dtha t f i sca l yea

sha l l be the sub

nator o f wh ich is the number o f

e t s a n d A s s e s s m e n , t s . T h e t o t a La c c a c ! c m a h i c o d e t e r m i n -

f the Assoc la t ion by the Board o f ,ion" To de t -e rmine the to ta l amounte Board o f D i rec to rs sha l l p repare anc a l y e a r s h o w i n g , i n r e a s o n a b l ers p roposed to be covered by the bud-a n d e x p e n s e g w h i c h w i l l , b e p a y a b l e ,o t h e r f u n d s w h i c h w i l I b e r e c e i v e d ,

t r e q u l r e d t o b e r a i s e d b y a s s e s -expenses and to p rov i i le a reasonab le

rec tors sha. t l fu rn lsh a copy o f theI t ip le Owner upon requ€ ls t .

red to be ra ised bv assessments fo rhhat amount lr€elErril:r:r to eover thef i t l i ng the ob l iga t ionsr o f the AsBo-n w i th o r con templa ted under any pre-

The to ta l amount requ i red to bea n y f i s c a l p e r i o d l e s s t h a n a f u l l

to ta l amounL requ i red to be ra i .ser l

A n y d e f i c i t , o c c u r r i n g o r a n t i c i -t o f a s p e c J . a l a s s e s s m e n t .

, the cos t o f anyor rep lacemen$, o f' o ther expens$ in

D e c l a r a t i o n .

p a t e d ,

- t 3 -

Page 14: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

es may requ l re , the Aseoc ia t ionnd i . tu re in excegs o f the funds

ehal I' r e a -

T h e A s s o c i -andthe Unit,due l and

or : Mu l t ip le

otherorn/ner,

s h a I I{ . i n l a

As soco f t

agat o a eowingOwner

+ h c

I i e nA a h +

nameand tl i e n

agent

e r r eg u m s ,f u l l y

+ h a

l i k e^ o o A i

p e n s ea d d i ti n c u rs h a I la s s e sc l o sdu r lb i dand tappuwi th

r e l e ao f f io f th

v a i l a b l e t o t h e A s s o c i a t i o n .

. 5 T ime fo r nts . The amount o f any agsessrnent , o rmount payab lq w respec t . to any Owner o r Mu l t ip lesha l l become dueip le Owner tu fen t

ve been q ivdnn e r , o r a t s u c h

and payable with respect to any Owner(20) days a f te r no t ice o :E suc f r amountthe Assoc i -a t ion to such Owner o r MuI -

la te r t j -me as may be spec : i f ied by thet i o n ,

a g i n g a g e n t , i fs e s s m e n t s e t . t i n gegs , the amouln t

the Owner or Murrre uwrleI or mud e s c r i p t l o n o f1 1 b e s i g n e d b y

, 6 . 2 S u c h l i e n .fau l t lng Owner ] ' s

nner as a mor tgaer the Owner shaa n d a t t o r n e y r s fn a L c o s t s , a l l ed . fhe Owner o f

requi red to i pan t ' f o r t he Cond

, and the Assoc ief o r e c l o s u r e . T h ethe Condominiurn La c q u i r e a n d h o l d ,nant there to , as

1e same.

.6 . 3 T 'he recq rde:d by recordi4g a

of the Assoq ia tAs soc ia t . ion .

L sha l l bear in te res t a t the ra teannum f rom the da te due and

payab

. 6 L i e n f o r smente and Amounts.at i .on h a l l h a v e

each Owner dndre palzment Of, ano the Assoc ia ] t ioof that condo[in

. 6 . I T o e v i d e n c e u c h l i e n , t h e B o a r d o f D _ i r e c t o r E o r

assessment or other amountwi th respect to the Owner

u m U n i t .

s s o c l a t i o n , a n d s h a l l b e r e c o r c l e d i nC lerk . Such l ien sha l l a t tach and be

I d u e d a t e o f t h e a s s e s s m e n t u n t i l a l lr charges thereon, shu l l have been

b e e n f o r c e d b y t h e f o : r e c l o s u r e o fn i u m U n i t b y t h e A s e o c i a t i o n i n

o f the Board o f D i rec to rs o r bvAssoc ia t ion , o r by the manag ing-

3 o n r e a l p r o p e r t y . I n a n y s u c h p r o -I be requ i red to pay the cos ts r €x-a s l n c u r r e d f o r f i l i n g t h e l j - e n , a l lp e n s e s a n d r e a s o n a b l e a . b . t o r n e v , s f e e sthe Condon in ium Un i t be in ( i fo iec losed

to the Associat lon the monthlv cornmon

l ien prov ided fo r here in may beRelease o f L len to be s igned by anon or by the Manag ing Agent on beha l f

t ry , sha l l p repare a r . r r i . t ten no t ice o ffo r th the amount o f such unpa ic l in -f the accrued in te res t thereon. the

p le Owners o f the Conr fo rn inJ .un Un i t ,e C o n d o m l n i u n U n i t . S u c h a n o t i c e o f

Purchagers and EncL lmbt iances .

f any assessment payab le w i th r :espec tOwner sha l . l be a jo in t and severa l

a t ion o f such Owner and such Owner 'st a t i v e s , s u c c e s s o r s a n d a s s j - g n s . A

- 1 4 -

in ium Un i t dur ing the per iod o f fo re-t i o n s h a l l b e e n t i t l e d t o a r e c e i v e r

ABsoc ia t ion sha l l have the power ton i t a t fo rec losure or o .b .her t rega1 sa le

I e a s e , m o r t g a g e , v o t e t h e v o t e sign the leaseho ld o r o therw ise dea l

t o aob l igh e i r s

7 L i a b i l i t

. 7 . 1 T h eOwner or t" lul t l lpl

t ion to the A{socpersona l repr ]ese

Page 15: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

p a r t yin tewith ta c cs u c h ir i a l r +

owner "be rewi thou

a s g e g

a s s e sany l ifa i tha F l - 1 r o

record

nd fo r va lue And

Co

t o r e c o r d a n b t i cmor tgagee. thp As

any ui r h i +

I i e nI i o n

hav ingof theg a g e eotherd a y s a

o f s u

f e e ! o e x c e eOwner any person h/1tCondt i t l ef e e st i o namoundFI! r

thecu r reto thto thAs socor

The*1"i1

moo

i'"I

a I l dom h 1 ! r m

r e s i d n t i a l p u r p o s e

s t in the Condomin ium Un i t o r an1 b e j o i n t l y a n d s e v e r a l l y l i a b l eIessor fo r a l l such amounts wh i -ch hadat the t ime o f t .he acqu,J -s i t lon o ft y w i t h o u t p r e j u d i c e t o s u c h p a r t y ' eaid arnounts paid from t.he former

together w i th in te res t . thereon, maya money judgment try the A,ssociat ioniv ing any l ien secur ing the same.

a f i rs t mor tgage or f i r s t deed o fi t sha l l no t - be l iab le fo r any suchor pena l ty ; and the l ien fo r any such

o r p e n a l t i e s s h a l l b e j u n i o r L oa Condomi r r ium Un i t taken in good

e r f e c t e d b y r e c o r d i n g i n t h e o f f i c ee the t ime a no t ice o f such l i -en is

Any mor tga<;ee ho ld ing a l ien on abut sha1 l no t be requ l red t .o pay ,n t payab le w i th respec : t to sucht , such encumbrancer sha l l have aamount paid of the sanre rank as thecumbrance w l thoub the r iecess i ty r r fo f c l a i m o f s u c h l i e n . U p o n r e g l l e s t

iat ion shal l report t-o the mort-l t any unpa:Ld comnon a$sessment o rnpa id fo r longer than f -h i r ty (30)

; p rov ided, however , t -ha t a mor t -to the Assoc ia t ion wr i t ten no t ice

ica te . upon pa lzment o f a reasonab leupon wr i t ten request of any

any r igh t , ' t l t l e and in te l res t in an in tend ing to acqu i re any r igh t ,

n ium Un i t ( in wh:Lc t r case thep r o B p e c t i v e p u r c h a s e r ) , t h e A s s o c l a -

ten g ta tement se t .g lng :Eor th the, c h a r g e s , f i - n e s o r p e n a l t j - e s , i fhen unpa id w i th respec t t -o the ownerthe amount o f the assessrnents fo r thethe Assoc ia t ion payab le w i th respec twh ich s ta tement sha1 l , w i th respec t

i s i s s u e d , b e c o n c l u s i v e a g a i n s t t h ei e s , f o r a I I p u r p o s e s , t ? r a t n o g r e a t e r

n d u e o r a c c r u e d a n d u n p a i d .

i s s i o n o r f a i l u r e t o f i x t h e a s s e s s -a s ta tement fo r any per iod sha l l no tf i c a t i o n o r a r e l e a s e o f t h e O w n e r

cquJ.rr-ngt a s a l ee fo rmer

and weret e r e s t b yo recover

Each sucvered by, f o r e c l o s

f a condomin i tm Uharges remain f ingter the same i i -s dha l l have fu rh lsh

e n c u m b r a n c e .

nium Uni t or berr i n te res t l n aI l b ,e paid by sua l l f u rn i sh a w ro f any assess fnene o r acc rued and

. 9 c e n e r a l .r deTTiEi-o-r

E s

menEb e d a w a i v e r ,f rom i s o b l i g a t i o n y t h e . c o m m o n e x p e n s e s ,

ARTICLE 7

OTHER RES'IRICTIONS

I R e s t r i c t i U s e . " R e s i d e n t i . a l U n i t s "

Y t anddent ia l Un i [ sha l l be

no res ident i .a l Un i t

. sha I l meanused fo r

sha l l be

- 1 5 -

Page 16: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

occup ii t wass h a I It i v i t y ,r e s i d e np u r p o s e

v / . ran t asproPera l s os a i dfunct ic i a t i othe pd e s i g

o f Coed bYno ownof theg u e s t son anyF a c i l ia t i o n .

the Pn r o n i

c a u s ec o n s e n

7s h a I lI a t i o na { - h o r

7i t i es .upon ap laceda nU].

p r o j e cany paardouson anynoYingwhiche m i t tbr ightrespecs h a l lbY ther 1 n a r .

s taLutimpos

for l i v inge s i g n e d t o a

used a t anyexcept tha ti a } U n i t f o r

ommon Areas ahdhaL l change, N l l tf the Limited Cot ies w i thout the

o f i nsu rancnce l l a t i on oof ehe Assoc

4 No V io la t ianyt

f anyl i A l r r

s 1 ing purposes by more persons thana t e s a f e l y . N o r e s i d e n t i a l U n i tfo r any bus : iness or conmerc ia l ac -ner thereo f may lease or ren t sucht e r e s i d e n t : L a l , I i v i n g o r s l e e p i n g

esu l t i n an i nc reaee i n t i r e i nsu ranceained for the pro ject o: r which mighth insurance wi thout the pr ior wr i t ten

Law. No Owner and no Owraer 's gues t ,se pro jec t wh ich wou ld be in v io -

I e , o r d i n a n c e , r e g u l a t i o n r p e r m i t o ru i rement o f any governmenta l body .

5 No Nox ious o f eng j . ve , Hazardous or Ac t iv -No noxrous o v e a c t i v i t y s

y part of theon or in any

ec t nor sha l l any th ing be done oro f the pro jec t wh ich is o : r may become

e Or i v

ni t

F+a

pT

. I M a n Notwi ths tand ing the prov is ions o fbe used by the des ignee o f Dec la r -nduc t o f sa les ac t iv i t -y re laL ing to

Shou ld the des ignee o f Dec la ran ta ted by the Assoc ia t ion , then the

for the d ischarge o f i l l l - managementt g ive wr i 'L ten no t ice to the Asso-r i g h t t o m a i n t a i n a s a l e s o f f i c e i nmay be used by the pro jec t manager

1 0 n .

Common El Rest r i c t ions . A I I use and occrupancytj .es sha sub jec t lo and govern-

I e s a n d r e g u l p t i s o f the Assoc ia t ion . No Owner andt ruc t , damage or commi t was te to anyc i l i t i e s . N o O w n e r a n d n o O w n e r ' s

or repa i r o r s to re any th ing in o r

' s g u e s t s h a l

Elements or Common Areas andr i o r w r i t t e n c o n s e n t o f t h e A s s o c i -

r i l f I n s u r a n c e . N o O w n e r a n d n o o w n e r ' gguescs ha l l do any ng r cause any th ing to be kept in o r on

jec t wh ich mi

N o U n s i.}.+

t e d any par o fe90

rasgment , d is tu rbance or annoyance toI be conducted on any parL o :E thets sha l l be made or cons t ruc ted on

t wh ich is unreasonab ly loud or an-eml t ted on any par t o f the pro jec t

s ive to o t t re rs . No l igh l sha l .L bethe project dridr t l unreasonably

No uns iqh t l iness sha l l be permi t -p ro jec t . Wi thout f - im i t ing theno lh ing eha l l be kept o r s to red

and no impt o f t h e p r o j Q c t ich are or migh t be unsafe or haz-to any Person or r tv . No soun i l sha l l be emi t tedpart of the p{o je

n c e o r c a u s e\T^ r ^+ i r r i + r r

No odor sha l ls nox ious o r o f f e

from any par$ ofo r c a u s e s u n r e a s o

to whether of noo n s t i t u t e a v l o l a

le g la re . Deter :mina t i .ons w i tha p a r t i c u l a r a c t i v i t y o r o c c u r r e n c e

o f t h i s A r t i c l e 7 . 5 s h a l l b e m a d eBoard of Di ret tor of the Assoc ia t ion and sha1 l be

o

ori + r r* - f

r

genera of the fo n 9 ,

Page 17: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

R e s t r i c t irept i I or . t-nseccswl- the prior wr t

8 R e s t r i c t id e v i c e of any na tur

Area6 and Fac i l i t ies no th inq sha l ly of the Limited Common Elements or

A n i m a I s . N o a n i m a l s , b i r d S o ron any par t o f the pro jec to f t h e A s s o c i a t . i o n .

be

on orbe huCornmon1n wLuns ig

be madbe f in

A s s o cL e a s t

'l

gues tst i m eof Coo r Lrespsha1 lmadef ina l .

-|o f a n

Uni tthee redof thsuched bya g a i ns u c ho f s ua s s e s

1

cont remplo

sonabb u t wc l ' r

s h a I l

owner

s h a l l

any of the

ows or doors d f UIy appearance i Da p a r t i c u l a r A c t i

by the Board of1 .

es , and no th ing sha l l t re p laced on ori ts which would o:: miqht create anterminat ions wi th respect to whetheri ty or occurrence is unsight ly shal li rectors of the Associat ion and shal l

T consent

the pro jec tt ion . The As

e s i g n o f r ee p r o j e c t .

No V io la t iv lo l . a

t ime by theomin ium Un i tsted Common EI

to whetherl i tu te a v

the Board of D i r

l_

s o n

n s . N o s i g n s o r a d v e r t i s i n gerected or maintai-ned on anv

ut the priol: wri t t .en consent of thet ion shaL l permi t the p lac ing o f t r tb le s ize and d ign i f ied fo rm to iden-

Ru les . No O\ , rner and no Owner 'sru les and regu la t ions adopted f romia t ion , whether reLat ing to the use

use o f Cornmon Areas and Fac i l i t iess o r o therw:Lse. Determinat ions w i th

a par t i cu la r ac t i v i t y o r occur renceo n o f t h i s A r t i c l e 7 . 1 . 0 s h a l l b etors o f the Assoc iaL ion and sha l l be

0 Owner Cau mage. I f , due to the ac t , o r neg lec t ,n a r 6 r q s g u e s t s , l o s s o : r d a m a g e s h a l l b e

oper ty r inc lud ing the pro jec t o r anyto any person orerein, such Oi,rner sha l l be l iab le and respons ib le fo r

tent that such damage or loss j .s cov-except to tFe einsu rance ob ta ln d by the Aesoclat . lon and the carr ier

ed. j - ts r ights of subrosat ion agaj_nstl -nsurance nas waJ-er. The amofrnte Assoc ia t io f f rsuch Owner , Fy Iun t sha l l be secOwner as pro fz idents or other cha

es and contraFtoc t i on , and sa lp ,

requ r reo , convehout l imi tat i ln ,- ' - - " * : " ' - - * : - r " 'o n y a r o s , s r g p s fn A l i a h + i n a

. 1 2 E x t e r n a lp laced ont of the

Dec laran t oae on the c

u n i t o w n e r s .be a common e

f such loss or damage may be co l lec t -such Owne: r as a spec ia l assessment

a l p roceed ings or o therw ise , andred by a l ien on the Condomj -n ium Un i t

in Ar t i c l .e 6 o f th is Dee lara t ion fo rg e s .

ths tand ing any prov is ion to thes D e c l a r a t i o n . D e c l a r a n t , i t s a g e n t s ,

may main ta in dur ing the per iod o ff a c i l i t i e s a n d a c t i v i t i e s a s r e a -

en t o r inc identa l there to , inc lud ingb u s i n e s s o f f i c e , s t o r a g € : a r e a , c o n -

e l un i ts , sa l€€ o f f i ce , park ing

ae. No rad io o r te lev is ion an tennater io r o f any bu i ld ing , o r upon anyareas and fac iL i t ies by an l ' un i tAssoc ia t ion rnd l r however " p lace

reas and fac i l i t i es fo r the conrmuna ln ta inance o f any an tennae so erec tede .

- r 7-

Page 18: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

ARTICLE 8

INSURANCE

ements G e n e r a l I y . T h e A s s o c j - a t i o no r c e a n d e f f e c t a t a l lsha l I

t imesinaf tethe eed toB e s t ' sI e a s tto thes u r e d ,i n - f a c

i nsu reo f f i ceO w n e r ' s

i n v a lAssoc io f any

i n s u r a n c eaJ-n and ma

r t a i n c a s u a l tp r o v i d e d . A ln t p o s s i b l e ,

b u s i n e s s i nn s u r a n c e G u i dAAAA (or anyx t e n t p o s s i b ln i t s i n d i v i d

any comparab le pub l i ca t ion) o f a tr a b l e r a t i n g ) . A 1 I s u c h i n s u r a n c e

1 l name the Assoc ia t ion as the in -

i l i t y and o ther insu : rance as here-r -nsurance sha l l be ob ta ined, to

respons ib le compan ies duJ .y au thor iz_ta te o f New Mex j -co w i t l . r a ra t ing in

a p a c i t y a n d a l s o e i t h e r a s a t t o r n e y _O w n e r s .

e . s u c h c a s u a l t y i n s u r a n c e s h a l l :

a wa iver o f subrogat ion by thet t h e A s s o c i a t i o n , i t s c l i r e c t o r e ,

ents and agains.L each ()v{ner and eacha n d g u e s t s ;

t the i -nsurance cannot . ber cance l led ,on account. of the condrrct of the- d i r e c t o r s , e m p l o y e e s a n i l a g e n t s o r' s e m p l o y e e s , a g e n t s o r g u e i t s ;

t a n y " n o o L h e r i n s u r a n c e , , c l a u s e i ne x c l u d e a n y p o l i c i e s o f i n s u r a n c emor tgagee and tha t the insurance

t in to con! : r ibu t ion w i t -h insurancem o r t g a g e e ;

tandard mor -Cgage c lause l endorsemenro f any Condomin ium Un i t - o r par t o fagee o f a Condomin iu rn Un i t o r par tred by o the . r and separa t ,e insu iance;

t t h e p o l i c y o f i n s u r a n c e s h a l I n o csubstant ia l ly modi f ied wi thout at

r io r wr i t ten no t ice to the Assoc ia -each mor tgagee covered by any sean-

q a h a h + . : n A

ch pub l ic l iab i l i t y anc l p roper ryv ide fo r coverge o f any c ross l ia -ainst the Associat ion or otheri on aga ins t Owners w i thout r i ch t o fe pol icy may contai-n sr"rch dedrjct ibleion deems cons is ten t w l th qood bus i -

n c e c o v e r a g e o r c o p i e s o f i n s u r a n c eeach Owner and Mul t ip le Owner ,

o f a l l i -nsu : rance ob ta ined by thence cover ing add i t iohs , a l te ra t ionsCondominium Unit by an Owner ort ' the reques t o f and spec i f i ca l l yOvrner, shal l be a comrnon expense toagainst each Owner and hi.s Condomin-und iv ided in te res t in the Common

enant to h is Un i t ,

or t r us tee fo f

( b )t e d ,i n n

r

the ins( c )

rancemain tapo l icy

ed byL - 1 1I I d I I

m a i n t a i by

i n fat'he prof t'he

( d ) c o n t a i h aof the mortg{gee

ect except a lnor tro ject who ie cov

be teI e a s t ft ion ad a r d

To thedamageb i l i t yownerssubrogap r o v i s in e s s p

p o l i c i eeach mo

As socior impother ib e n e f ibeium Un iA T E A S

1 8 -

Page 19: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

IIand ma

2 C a s u a l tn t a L n c a s u an ium Un i t cov4r i

a r d s are covered l rnde

nce. The Assoc ia 'E ion sha l l ob ta inurance cover ing the pro jec t and each

damage by :F i re and such o ther haz-s t a n d a r d e : x t e n d e d c o v e r a g e p o l i c i e s ,l i c i o u s m i s c h i e f a n d , i f a v a i l a b l eb y t h e A s s o c i a t i o n , w a r r i s k , f o r

i n c l u da n d i fthe fuopt iont.rons I

a d d i t ic i a t it o r e sc o n d it i o n scover l -s a i d .

I iab ib i r i rproped i recO w n e r twith

l im iI e s s

r v r

$ s 0 0 ,' l

i : t r i

s uch1 n J u

m a n ' q

theretorYi n a i

h i s fI i a b ii - n s u rw i I 1a n c ec i a t i

a g a iempland

ExcePr e c e i

n g v a n d a l i s m 4 n ddeemed appropf ia tI i n s u r a b l e r S p l ao f t h e A s s o c l d t i oa l t e r a t i o n s o f , i mwner i f the OWnerwner i f the Ownerna l p remiums St t r

shal l- not. be obl

t c o s t o f t h e p r o j e c t . A t t h e, such insu : rance may a lso cover ac id j . -rovements to a Condomin ium Un i t madere lmburses the Assoc ia t ion fo r anyb u t a b l e t o s u c h c o v e r a g e . T h e A s r i o -ga ted to app ly any insura .nce proceedsUni t to a cond i t ion be t te r than the

to the ma)< j -ng o f add i t ions , a l te r :a -an Owner in the absence l o f insurancea l te ra t ions or improvements as a fo re-

r a g e o f s a i d i n s u r a n c e s h a l l b e r e -

mage insurance cover j -n i ; persona l l i .a -iab i l i t y and au tomobi le persona l an f l

o f t h e A s s o c i a t i o n , i t s o f f i c e r s ,agents and o f each Owner and each

a n d g u e s t s a r i s i n g i n c o n n e c t i o n, ma in tenance, occupancy or use o f

in ium Un i t in the pro jec t , w i th1 , 0 0 0 , 0 0 0 . 0 0 f o r e a c h p e r : s o n a n d n o tor each occur rence w i t l " r t :espec t t rcth l im i ts o f no t less thandent w i th respec t to p roper ty damagea t i v e , t h e A s s o c i a t i o n m a y o b t a i nl e l i m i t o f $ 1 , 0 0 0 , 0 0 0 . 0 0 , p e r s o n a le c o m b i n e d .

Workmen' s sat ion and Emplo e r ' s l i i a b i l i tc e " + a i h a mainLa j - n r K -

n s a t i o ne s s a r y t o c

d

T

l o y e r ' s l i a i b i l i t y r n s u r a n c e as mayI t h a p p l i c a b l e l a w s .

. 5 I n g u r a n c e Except to the ex t r3n t coverager may t h e A s s o c i a t i o n a n d b e s a t i s f a c -

er sha l l t re respons ib le fo r ob ta in -e s i r a b l e , L n c l u d i n g i n s u r i l n c e c o v e r i n g

na l p roper ty and cover ing persona le m p l o y e e s , a g e n t s a n d g u e s t s . A n y

by an Owner shal. l be such that i tr s e l y a f f e c t o r j . n v a l i d a t e a n y i n s u r -

ry under polieies ts.tried by the Asso-e e x t e n t p o s s i b l e , c o n t a i n a w a i v e r o fn by the insurer as to any c la im

i t s o f f i c e r : s , d i r e c t o r s , a g e n t s a n dher Owners and lhe i r employees , agen ls

6 Rece ip t a l i - c a t i o n o f I n s u r a n c e P r o c e e d s .as some parL

e i n s u r a n c e Pp e r s o n s h a l l h a v e a l e g a l r i g h t t o

by the Board o f D i rec to rs and sha l li n c l u d a n a p p r a i s a l o f p roper ty in a fo rm sa t . i s fac to ry Lo+ h c r d o f D i r e c t o f s

and Proper tv Damaqe Insurance. 'r'ne

A s s o c i ano ma] .n ta tn comprenenstLve

s d i rec t l *y , a l I :Lnsura .nce procee i ls

Page 20: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

t ion sha l l be apps e x p r e s s l y p f o v ito the owners o r

f

and rt i o n .A s s o cf i r s t

i n t F r a

^ L - t 1

i n s u r a€ i . l o l i

the At o r s ,

s h a l l1.o I i

whichI l h i +

madeBoa rd

ned by the Bofi .rdimp ments made by the

s i n e x c e s s o f , o nn e r s h a l l b e a f t h

h is Un i t tha l weDi rec to rs .

hereb make= l - l ' n

i t sium

i r r a

and

id to and :receivred by the Associa-s o r recover ies rece ived by the

i e d b y t h e A s s o c i a t i o n a s f o l l o w s se l s e w h e r e i n t h i s D e c l a r a t i o n :

I p roper ty o f the Assoc ia t ion ,cover ing employees and agents o f

a n c e i n < l e m n i f y i n g o f f i c e r s , d i r e c -s o f t h e A s s o c i a t i o n .

Condomin ium Un i ts . Each Un i t Ownerr d o f D i r e c t o r s , a n d s h a l l

ed insu : rance premium fo r j .nsurancr :f D i r e c ' L o r s o c c a s i o n e d b y , a I IUn i t Owner to h is Un i t , the va lue o f

t h o u s a n d d o l l a r s ( $ 1 , 0 0 0 . 0 0 ) . E a c hr isk o f loss o f a l l improvements

e no t the . sub jec t o f no t ice to the

ARTICLE 9

the. condomin,ium property upon j . tsj - s h e r e i n a f t e r p r o v i d e d . A s

s o c i a t i o n , b y i t s P r e s i d e n t a n d S e c r e -ary o r i t s o ther i lu ly au thor izedI have fu l l and comple te au thor iza-

m a k e , e x e c u t e a n d d e l i v e r a n vany o ther i -ns t rumern t w i lh respec t toin ium Un i t owner wh ich are necessaryise the powers here in g ran ted . Repa i r

improvements as used in the succeed-s t o r i n g t h e i m p r o v e m e n t ( s ) t o s u b s t a n -n in wh ich they ex is ted pr io r to the

the l , im i ted Conrmon E lemenLs andies hav i ,ng s iubs tan t ia l l y the same ver -n d a r i e s a s b e f o r e " T h e i n s u r a n c e p r o -

ava i la t r le to the Assoc ia t ion fo r thera t ion , reconat ru ( . ' t ion and rep lacemenC

s o c i a t i . o n o n b e h a l f o f M u I t i p I eI f i r s t mor tgagee l r agree no t to re -

t h e p r o v i s i o n s s e t f o r t h h e r e i n a f t e r .

ver ies sha1 l beAI I insurance p

s econd rsons rvho the Assoc ia t ion may deLerb a l a , i f a n y , t o Q w n e

ts in the Comrhons in proport ion to thei r respect j -vs

eas and Fac i l i t .es

7 Cther Insu by the Assoc ia t ion . l t re Assoc ia t ionl-so have the or au thor i ty to ob ta in and main ta innd add i 'L ionaI L n s r a n c e c o v e r a g e , i n c l u d J . n g c a s u a l t yce cover r -ng py bonds or ino c i a t i o n a n d

ur

l oyees and

rovemenrequ i red to

Ie fo r any i

DAMAGE RUCTION AND RESTORATION

. 1 A s s o c i a t i o r n e y - i n - F a c t . T h i s D e c l a r a t i o n d o e sr revocab le appo j -n tment o f an

y - i n - f ac t ' t I w i th the pro jec t improvements upont ruct ion or dEma , to repair and improvr: the Condomin-

i t s , b u i l d i n g s a Limited Common Elements and CommonI o f the Owners and Mul t ip le Ownersnd apno in t the Assoc ia t ion the i r t rue

Areas n d F a c i l t i e s .b l y c o n s t i

nth

fu l a t to rney e j - r namer p lace and g tead fo r thea n F A a a l i n av v ! s v s - - r ^ J

or des t ruc t iey- j -n- fact , tr A s s i s t a n t r

n f f f r s o r a g e n t s ,

purpodamaga t t o r

t i -on ,cont rthe iand a

i n g st i a l ldamag

+ i n r ' l

c e e d spurpoun lesOwneb u i l d

r igh l and pL , a s s i g n m e n

t e r e s t o f a Cpropr ia te to

shar +

or

x e rf r- - l

o l l u o n s t r u c t i o nb s e c t i o n s m e a

the same cond i t i, w i th each U4 i t

A r e a s a n d F a d i l iand hor izon ta l l bcc o l l e c t e d s h a l l l be o f r e p a j . r , $ e s t

the Owners , the, Dec la ran t a {d ain accordance w i t '

. 2 R e s t o r a t i the Prc)

Page 21: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

damagei n s u r ament ( ss h a l lsha l l

ment (A r r r i

the

fo r s

vo teownerproxymortgcablen f +

ower to vote onU n i t O w n e r s . I f

o f a tb u i l dt rucrn i a f i

- q l to l t u L

Ieas t two- th idd6restore the

s h a l l b e p!1 , as a t to rne l4 -1n

p r o c e e d s o f a

res tore or se l l the proper ty . A t thei r rg p ropos i t ions , the Condomin ium Un i t

f i r s t m o r t g a g e e s , j - f a n y , a s t h e i r

1 n

pa

2 . r Insurance P s Suf f i c ien t . In f -he event o f

p r o c e e d s , l f st o f i r e o r o t h e r d i s a s t e r , t h e

f f i c ien t bo res tore the improve-o r d e s t r u c t

, sha l l be app l i fo r th lv i th by the Assoc ia t ion , asd and recons t ruc ted . l fhe Assoc ia t ion, r igh t and po$ ier , as . r tCorneY- in -

and res tora t ion o f the improve-conmon expenses sha l l no t be abated

prompt ly repai rve fuI I auth0r i t

cause the rBpa i

ance ad jus tments and repa i r and

2 . 2 I n s u r a n c e e d s f n s u f f i c i e n t - A s s e s s m e n t . I nh + + h 5 + | h 6 f t y o r improvements the : reon so damaged

h e r i s k c a u s i n g t h e l o r s s o r d a m a g e ,i . n s u r a n c e p r o c e e d s a r e n o c s u f f i c i e n t, r e s t o r a t i o n o r r e c o n s t r u c t t o n , t h e nO w n e r s , a t a s p e c i a l m e e t i n g c a l l e d

ee on the propos i t ion o f whether o r

a l l oc i .enc

Areasownera f te raulhrepa ia I I o* h a f

prov rh i sp r o va s a t

ro paand i

s h a l l

] - nsu rd e l ithe

A O n

the Owners erid tassessmen t sha l lappur tenant $er

o r n e y - i n - f a c t , ] sI the Condomidrium

s u c h d e f i c i e $ c Ynot so pa ld , the

ce tha t the

t a n d a l l r e b s ot i o n . T h e

i n i um un i t shF I Ias at torney- iF- f

( a )

( b )

/ A \

s i t i o n s , o r a s a p a r t o f t h e f i r s tg r :an t the f i rs t mor tgagee the i r revo-a i d p r o p o s i t , i o n i n t h e p l a c e a n d s t e a dthe Un i t Owners , by a f f i rmat ive vo tef Lhe to ta l vo te , vo te to repa i r , re -ndomin ium Un i t , su tch damage or des-ly repa i red and re rs to red by the Asso-f a c t , u s i n g t h e p r o c e e d s o f i n s u r a n c ee c i a l a s s e s s m e n t t o b e m a d e a g a i n s te i r C o n d o m i n i u m U r r i t e . $ u c h d e t i -be a common expens ie and sha l l be basednuage und iv j .ded in te res t in the commonigned eo the Condomin ium Un i t o f eacha n d p a y a b l e w i t h i n t h i r t y ( 3 0 ) d a y sr e o f . T h e A s s o c i a t i o n s h a l I h a v e f u l I

t , a s a t t o r : n e y - i n - f a c t , t o c a u s e t h ee s t o r a t i o n o f t h e i m p r o v e m e n t ( s ) u r s i n g

eds fo r s \ rch pur :pose noLwi ths tand ingt o p a y t h e a s s e s s m e n t . T h e a s s e s s i m e n tI be a debt o f each Owner and l ien on

m a y b e e n f o r c e d a n d c o l l e c t e d a s i sI n a d d i t i o n t h e r e t o , t h e A s s o c i a t i o n ,1 l have the abso l r r te r igh t and powerUn i t o f any owner re fu€ i ing or fa i l ingssessment w: l th in Lhe t j .me prov ide<1 ,A s s o c i a t i o n s h a l I c a u s € r t o b e r e c o r d e din ium Un i t o f the de l inquent Owner

i a t i o n , a s a t t o r n e y - i 4 - f a c t r P U r -o f t h i s A r t i c l e 9 . A s s e s s m e n t s f o r

be abated dur ing the per iod o frepa i r and recoaet ruc i : ion . The

requ i red to pav to the Assoc j -a t ione requ l reo to pay to t .ne f \ss ( ) ( ] raEror ro r f i l i n g t h e n o t i c e s , i n t e r e s t a ' L t ' h e

) per annum on the amount of the as-b l e a t t o r n e y ' s f e e s i n c u r : r e d b Y t h ec ls der ived f rom the sa le o f such

used and d isbursed by the Assoc , ia -c t , i n t h e f o l l o w i n g o r d e : r :

x p e n s e s o f s a l e ;

o f the l ien o f any f i rs t hor tgaget

t a x e s a n d g o v e r n m e n t a l a s s e s s m e n t s t

e x p e n s e s a n d a I l c o s t s , e x p e n s e scur red by the Assoc ia t ion ;

- z L -

Page 22: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

( e ) , J u n i o r 1 { e n sand to ttfe e

( f ) T 'he ba la r icethe Cond$min

3 S a I e o f Pnts on tne

e r s a n d M u I t p r ewo- th i rds the

^ r i + + n r n a r r c i ' i n -

ry to af fect fuch-l l_l:^u"tivefed

I . 2 R e v o c a t i ov i -ded, lh isownerd e e dmin it i o nnotownerm o r e ,

d e e d srnent (i h + a r

eacha l t e rD e c I a

of the Common Are

i t s h a l l h a v $ awithouu the co

and encumbrances i .n the order often t o f the i r p r io r i t y r and

. f - . i - - ! eI r r r l r Y , r ! dt ry , sha l l be pa id too r M u l t i p l e O w n e r s .urn Unit Owner

ampr r n i +

l e a s tprox ia t amay eIbe b ithe dus t rn e c e s s3r l ] r S

ru lecont l200 Iprov it a i nf o r c eandprov

I os s dam4ge.

ARTICLE 10

]SCELLANEOUIS

I L Dura t ion o la ra t ion " Each prov isJ -or i con ta inedln uhisomet i

D e c l a r a t i o n i-F[ETecu to th,e ].aws or ruless re fe r red t ,he ru le against perpetu i t ies or the

b le res t ra :Ln ts o r a l iena t ion sha l I

. I f a I I o f the bu i ld inqs andrey are damaged or des t royed, theOwners , by a f f i rmer t i ve vo te o f a tI vo te o f the Assoc ia t ion to r the i rac t in the case o i : f i r s t mor tgagee)ia t j -on du ly ca l le t l fo r such purpose,

r ty as a who le . Such, ac t ion sha1 lOwners , d r rd i t sha l l thereupon becomener to execute and de l i ver such in -a l l ac ts as in manner a .nd fo rm may bss a l e . T h e i n s u r a n c e i n d e m n i t y , i fro ra ta to the Un i t Owners sus ta in inq

I l fo rce and e f fec t un i : i -J . the yeara t ion is te : rmina ted as here ina f le r

occurs . A l l o ther Prov is ions con-n sha l l conL i -nue and remain in fu l l

in ium Ownersh ip o f the Pro jec termina ted or revoked as here ina f te r

nt . Except as otherwise Pro-no{ be revoked un less a l l o f lhe

a n d a L l o ft rust cover i lng

c lders o f any recorded mor tgage orr a f fec t ing any or a l l rc f the Condo-

Uni ts in the pro ect consent and agree to such revoca-l y r e c o r d e d . f h i s D e c L a r a t i o n s h a } linst rument ( d )

amended un leds t owners represent ing an aggregateip i n te res l Q f s x ty -s ix and two- th i rds percent , o r

s and Fac i l i t ies i ,n the condomin iumholders o f recorded f i rs t mor tgages ort , a n d a l l o f t h e

o f t r us t consqn t) du l y reco rd$d ;sts in the Co$mon

nd agree to such amendment by ins t ru -rov ided. however , tha t the und iv ided

a n t , a n d a l l Q ff t rus t as ex lp res in an amended Dec la ra t ion du lYe d .

Areas and Fac i l i t i .es appur tenant to: rmanenL charac ter and shaf l no t be

ent o f aL l the un i t owners ' thee ho lders o f any r :ecorded mor tgage or

- 2 2 -

;I

I

:II

Page 23: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

- 2 3 -

requi red by Assoc ia t ion , and no t ices or demandsLo be ger

prepa id , aan owner sha l l be sent by mai l ,

pos ed in the name of the owner at suchregrs r e d a d d r e s s .

. 4 E f f e c t o f i s i ons o f on. Each prov is ions D e c l a r a an agreemenL, p romise , covenant and

to comp th each prov is ion o f t .h is Dec la ra t ion ,y necessa ry ion or reservat ion or qrant of lease-

h o l d ,th is

e s t a t e , r i g h t r e s t t o e f f e c t u a t e a n y p r o v i s i o n o fc la ra t ion s

Iregis

Iof thundeand

I

otherpro jse t f

a i s t ratr h

. 4 . I B e d e einst rument byt or Ln anyr { . ' ! r n r r a € a

Mai l Address . Each owner sha l lress wi t t r the-Associat ion, on such

orpora ted in each deed, ass ignment o rany r igh t , t i t le o r in te res t 1n the

in ium Un i t i s c rea ted , whether o r no tin such inst rument .

a c c e p t a n c e o f a n y r i g h t , t i t l e o ror in any Condomlnium Unit by an own-r a t i f i e d , a d o p t e d a n d d e c l a r e d a s ah owner , and, as a persona l covenant . ,

o \ {ner and such ov /ner 'e he i rs r p€ f soh-

real covenant by Declarant , for i t . -ass lgns , and a l so an equ i t ab le se r -

caser as a burden wi th and upon the

i n t e€ ! r

s h a l la 1 r e

Assocol9ner

Is e l f ,v i tud+ i + 1 a

a pe rsona le s s o r s n a n d a s s i g n s r d f l d 6 h a I I b ent . to , w i th and fo r the benef i t o f the

at ion but not wi th o r fo r the benef i t o f any o ther

, 4 , 2 B y v i r ts t In the pro

d.eemed acca l covenant obe b ind ing onre f ren la t i -ves ,

. 4 . 3 B e d e ei t . s successo r. running into the pro jec

cov ! a n d a l s o acove nt and serv i

i n i um Un i t .

each Condomin ium Un i t and, as a rea lequ i tab le serv l tude, 6ha l l be deemed aor the benef i t o f the pro jec t and each

d b yR 6

a l i e ncovenan t , ob l i ga t i on and res t r i c t i on

r o f the Assoc iaE j .on , burden ing andthe pro jec t and each Condomin ium Un l t

secuencu r ing the t i t

o f the As

.5 Enforceme Remedies. Each provis ion of th lsDec aL ion w i th re o an

-owner o r mu l t ip le owner o r the

Co nlum Uni t o owner shal l be enforceable by the As-for a prohib i t ive or mandatory in-

act ion to recover damages, or , in theion by a proc

at j .on , fo r so long as any owner fa i l sprov ls ions , by exc lus ion o f such owner

soc ij uncd i scLoandF a c lwithD e c li t s

The( i u

o n o r b y a st lon of the

ly with anyc t t owner 's g from use of any Cornmon A,reas and

roceed ings are ins t i tu ted in connect ioni t i e s . r f

at , ion , ther ights o rcement and remedies prov ided in th is

l ing par ty sha l l be en t i t led to recoverts and e in connect lon therewi th , inc lud lng

e altorne e s .

. 6ne r

o r i n r i i i Associat ion Lien for Comrnon Expensa Con um Uni t may create a or mor tgage

or to the l ie ed of t rust or other encumbrance o f a

y wcepor1 1 :

o l _

whi

€ d ,s u

sug uv e n# ^

chan

Page 24: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

f i r s t m o r t g a g e e ) , I i e nCondomin ium Un i t ; p i rovm o r t g a g e s , l i e n s O r e nl i e n o f t h e A s s o c i a t it e r m s , c o n d i t j . o n s , c o va n d o b l i g a t i o n s u n d e ro f I n c o r p o r a t i o n a n d B' i u n i o r c n c r r r n h r e n c e r I e \

at ion o f any improvpmeru n i t . , a I I o f h i s r i o h t .c e e d s u n d e r

" f . I i ; ; ; ; ; ;

o r e n c u m b r a n c e s o n h i s i r r t e r e s t i n ae r d , h o w e v e r , t h a t a n y r s u c h j u n i o rnbrances sha l l_ be subo. rd :Lna ie to anyf :o r common expenses anr f aL I o f thea n t s , r e s t r : j _ c t i o n s , u s , 3 s , , L i m j . t a t i o n s

x i s D e c l a r a L i o n , A s s o c i a t j . o n A r t i c l e sI a w s a n d p r o v i d e d , f u r t ) r e r , t h a t s u c hh a l l r e l e a s e , f o r p u r p o s e s o f r e s t o r _s upor l the encumber red r :ondomin iumt , i t l e a n d : i n t e r e s t i n a n c l t o t h e o r , o _e r p o l j - c i e s u p o n s a i d p r e n i s e s b v t n e

A s s o c i a t i o n . S u c h r e lj u n i o r m o r t g a g e e

" O p i -i f s u c h r e q u e s t i s h o tb y t h e A s s o c i a t i o n a s

e sha l l be f u rn j . shed : t o r : t hw i t . h b . y i er i t t e n r e q u e s t o f t h e A s s o c i a t i . o n , a : n d

r a n t e d , s u c h r e l e a s e m a y b e e x e c u L e r jt o r n e y - i n - l : a c t f o r - s u c h - ! u n i o r .

a b i I t y r I n d e m r L i f i c i t t i . o n . N e i t h e r D e r : I a r -e B o a r d o f D i r e c t o r s o f t - h e A s s o c j _ a . _g e n t o r e m p r l q y s * o f a n y o f t h e s a m e

soc ia t ion or any o ther :

1 0 . 7a n t , t h e Ai i n n

s h a l l b e Ia c t i o n o rI n n n r c c r :

n a n l i

m o r t g a g e e "

I h e A s s o c i a t i o h s ht h e B c a r d o f D i F e c c o r sa g e n t o f D e c l a r a n t b r tt h r e a L o f l o s s a s a r e sr e l a t i n g t o t h e p e r f o r n rc e r n i n g t h e a c t i v i t i e stha t w i th respec t tp th

f h e i n d e m n i f i c h t i ci n c l u l e p a y m e n t o f I i )e x p e n ; e s i n c u r r e c l i n s e

' t h i s A r : t i c I e I p . 7D e c l a . r a n t , t h e A s s o q i a tt o rs : .E the As soc i a l - i nnD e c l a c a n t a n d t h . t i ; ; ; ;p e r s o : I a l r e p r e s e n t a t i v e

1l.B 39ge_ryet,19!9.

e L o a c t ! . / : i L h r e s p e c L L c rn t i t y was r ro t gu i l t y o1 :i n t a k i n g s u c h i l c t i o n o r

owner : tor anya n y m a t t ' 3 r s o

f r aud r g ros t if a i . I i ng r ; 6

L i m i t e ds s o c i a t ia n r ; n f f i

i a b l e t o

o l r n o r c n

o r bad

- T

t

n

r F

h ei 1ori t

u

h

I . L j - ndemn i f ' y Dec l , a ran t , , e rach memb t_ . r o f

. s n o t g u i - l t y o f f r a u d , g r o s s n e g _ L i _h per fo rmance or nonper f ,o rmrrnc" .

o r i n : u r r e d i n a n y f i n a( i i ) r x p e n s e s i n c u r p e da n y p c o p e r t y o f l h a i n A

a u t h o r i z e d b y t h . i _ s A r t i c l _ e _ 1 0 . 7 s h a l Le . r s o n a b l e a t t o r n e y , s f e l e s o r o t h e : :t l i n g a n y c _ L a i - m o : r t h r e a t e n e d a c t j _ o nI y a d j u d l c a L e d _ L e r J a I p r o c r e e d : L n g ; . r n ( ln ! h e r e m o v a l - o f a n y L j . e n s a f f e c t j . n < 1

r i o d o f d e v e l o p m e n t a n d s a l e o f t h oasses isment t t fo r conmon expens ieso f t * h e a c t u a l e ] : p e n s e s i n c u r -

equ i t -ab ly amonq aLI1 o f the owr r -A h n r r r a i # / \ r ^ ^ h + i '

r r ; r s w r r u 4 F l g g n C : L e f i ,

thly'amoun t

h a I I i n u r e t o t i l e b e n e f i t , o f t h eon, the members o f the Boarc l o j : D j_ r€)d_

the employees anr l agents o f thea t i o n , a n d t _ h e i l : r e s p e c t i v e h e i r s , ,, s u c c e s s o r : s a n c l i l s s : i g n s .

serves to the Assoc ia t j -on the r iqh t . ton t s a n d o t h e r e . r s e m e n t s i c o n s i s t e i t

o f t h e p r o j e c t .

I f ) c n l : r r h l - r

t r + ' i I i { . \ r o A c a m

condomin iu i ! us

I 1 . 8 . 2 D u r i n g f h econdorn in j -um un i ts , f t resha l l be bas ;ed upon ther e d , ' r h i c h s h a l l b e a l le r s , l n d s h a l l n o t i n c l .r e s e r y e o r s i n k i n q f u n d

1 1 4

e s t a b L i s hwi th Lhe

a t e d

- 2 4 -

Page 25: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

cesses tacons

t o t€ E r

a s s i

th isi d i rand

f,orany

t ionany

d i r

l en tb e e n

t ion

annust ,a t

meett o a

of ,By-

the

0 . 8 . 3roadsl i s hs t e n t

0 . 9 . 3 T h e

/ a \

soc ia t i -ont r a c t anc t assume

pol iments

DecIaererving

easementwith

0 . 9 G e n e r a l .

0 . 9 . I T h i sbenef i t o f

t he he i r s ,of each of

0 . 9 . 2 I n v a lDeclarat ion i

or enforceab

ntrhi ::1::. the righr ro dedicate any ac_project for and to publ ic u"e; ioservat ion6, except ions and .*" iu" iorr"qomrntum ownership of the pro ject .

at ion sha l l be b ind ing and eha l l inureec la ran t , the Assoc ia i ion and . i "h o*n_per ona l r ep resen ta t i ves , successo rs andth

i tvwh

l i t

or unenforceabi t i ty of any provis ion ofI e _o r i n pa r r eha t l . l o r " i f ! . i

t i , ! " " r_of any. other prov is ion or any

"" i iaa provis ion of th is Oeclarat i .on.

and_headings in th is inst rument aresha l l . no t be cons lde red i n . on " t ru i "gla ra t i on .

enforce. anl t prov is ions of th is Declara-n.g-a waiver of any, such provls lon or oft h i s Dec la ra t l on .

fo rceab le pa o

ven lence onov i s i on o f

O . 9 . 4 F a i l usha l l no t opether p rov is io

0 . 9 . 5 T h e p of th istal to the

te of New

y a1 S

o f

, to and supphip Act of r

Declarat ion shal l be in ad-New Mexico Bu{ ld ing Uni tMexico and any ameidments

Lienhol

. 1 0 . 1 A n ylen on any

Ied with th

( a ) r n suring normal

!4 Non-Disturbance e e m e n t .

q E

+

v et e

e^ t

:f : : i l :t morrgage or orher equiva-n lum Uni t r whoee name and addrdss has

ia t i on , sha l l be en t l t l ed t o :

books hnd records of the Assocla-hou rs ;

upon.w_r i t ten request , a copy of thenc wl tnrn a reasonable t ime af ter s l rch

accepted by the Assoc ia t j .on ;

upon wr i t ten request , a not , j .ce of aI I] .on and to designate a representat ivengs t

meet lngs to be hold for the purposeendment in i lhe Declarat.ion, ihe'of Incorporat ion of the Associat lons

the e f fec tua t ion o f any dec ls ion bynate any pro fess iona l management con_nagement o f the condomin ium pro jecr .

upon request , copies of insurancehe Assocj.ation upon the Common Ele-

coverage and l iab i l i ty , and copies

-25-

( b ) R e c ef i nanc ia l s

t is prepa

( c ) R e c es of the Asn d a l l s u c h

( d ) N o t iing any mater

, gr the Art

( f ) R e c ees main ta inedf o r f i r e , e x

Not

e s

Page 26: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

any f isucha loanan lounct h e 1 e

a mort

' l i a n

successub j ec

the eo theri f t i r

r ights

I

r e c ol ' lexico

the ri t to cause con

icers o r employeer : . The amount o fadequate by the lender by mak ing

coverages sha l l no t be reduced insuch loan w i thout p r io r consent o f

t sha l l ob ta in f rom evegy ho lder o ft t h e D e c l a r a n t ' s i n t e r e s t , a n a g r e e -

a fo rec losure o f such mor tqase or :rs sha l l no t be d is tu rbed and a

t sha l l take t i t le to the proper tyI r igh ts o f any Owner .

p le Owner who mor tgages h j -s in t .e res t :om hie mortgagee an agreement that j_n

o f the mor i tgage, the r igh ts o f t 'hethe Un i t sha l l no t be t l i s tu rbed and

forec losure o f i t mor tgagee, thek e t i L l e s u b j e c t t o t h e c o n t r a c t u a lp l e O w n e r s o f t h e U n i t .

tu rbance ins t rument sha l l be inbe recorded in CoLfax County , News h a l l b e d e L i v e r r : d t o t h e A s s o c i a -

ARTICLE 11

ERVED TO DECLARANT

arant reserves to i tse l . f the' L i 1 r . i + | 5 + + - ^ l . r e d h e f e t O ._r-,

d d i t i o n t o t h e e a s e m e n t s r e s e r v e d b yt h i s A r t i - c L e 1 1 , D e c l a r a n t r e s e r v e s

t ions to be made, w i th i .n sa idserve o ther lands owned bv

of the Rea: I Proper ty .

s to deve lop add iE iona l . condomin iumthe rea l p roper ty . I t i s p ropose<1a s s o c i a t i o n p r o v i d e d f o r h e r e i n s h a l l

f u t u r e p r o j e c t s . A n y s u c hde fo r .ownersh j -p o f common areas andghts , based upon square i foo tage ina ted condomin ium req imes.

A R T I C L E 1 2

SERVICE OF PROCESS

bonsh

n i trh

Thrt-

theL ! ^

the

1i n a U

h e D

Everl o b

forOwn

a n s f

othe

Them a nr m a

copy

e a sD e c I a

un i t sthat t

conso l€ : n i l

the

t e , f o r u t i l i N e sn t i n t he v i c fn i t

t ) a ^ 1 A F A h + i h + a h

n l a n d s a d i o i h i n qe conqom].nJ.um and

I ida ted w i th sucdat ion sha l l p rovies , and vo t i f ig rt s i n a l l c o n b o l i

.1 fhe In l t ir t h y , , J r r 2 2

1 .n+

t for servi.ceo S t r e e t , S a n t a .

oJ Prosess is ,JohnFe, New l , lex ico .

- z o -

Page 27: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

t ionDec laran t has exercu ted th is Dec la ra-

1 oAt r

B y :

BAILEY-MERTZ ANGEIJ FIRE VENTUREa New Mexi.co partnership

t waa ackrrowled<led bqfore me by. a genera l par tner o l :

OF NEW MEXICO )) s)

Venture, a New Mexico partnersh_ip, Jio^rrtnership, this J f-- day of (1rit^f

U

er tz Angeb e h a l f o f s a

1 0 4 1

Lss ion nxp l r {a :

Page 28: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

I . T h o fl lk "

e a s

o a

l a n d _ b e i n g p a r t o f L o t e 1 , 2 , 3A n g e l F i r e V i I I a g e U n i t T w o , ' ,

be ing more par t . i cu la r ly descr ibed

corner o f .Lo t 4 o f B lock , 'G , ' ,

fee t to the SouCheast corner o f

85 fee t a long the Eas t l ines o f Lors l

and aCoI faxa s f o l l

B e g i n n i

ThenceL o t 4 ,

fhence

Thence

fhence

Thence

Thence

fhence

T'henceof Lo t

Ttrence' I

6 0 ? ? r n

ThenceLot 4 ,

T h e n c e ,beg inn

Conta i

Togethu s e i n

h e r e o f "

I I . EMENTS GRATIT

ROAD ON THE

inning at the Norsa id subd iv is i lon ,t a long the e{s ta p o i n t ,

t o a p o i n t ,

to a po in t ,

to a po in t t

to Er point,

to a po in t ,

to a po in t on the West l ine

1 4 " 4 1 ' 2 2 " w .part o:E Lot

T q o t Q r ? Q r r r 7r r t

1 4 0 4 r ' 2 2 u E ,

2 3 ' 4 r ' 2 2 " E ,

6 6 " I 9 ' 2 l ' , w

3 3 " 4 r ' 4 9 " E ,

5 6 ' r g ' 2 1 ' , w ,

00 fee t

85 feet

O f c a +

60 fee t

0 fee t

2 fee t

z + 2I

L Z )

245

5 8 .

t 6

1 2 .

. 3 0 3 a c r e l

h the folla re reseqdec la ran l

3 n o n - e x c l u s i v e e a s e m e n t s r r i g h t s o fto Ba i ley -Mer tz Ange l F i re Ve i tu re ;

t along a curve wj.th a delta =fee t to a po in t ,

8 feet to t tre Northwest corner of

.00 fee t to the po in t and p lace o f

o r l e s s .

easements descr i t red in Sec t ion I I I

I J I D E :

a curve to the left with a= 148 . 17 fee .E

" to a

ss , egress and park ing on and over. e ? s t o f B l o c k , ' G , , ' A n g e l F i r eiv is ion , Co l fa . : r eounty , New Mex ico ,l y d e s c r i b e d a s f o l l o w s :

heas t corner o f Lo t 3 B lock , ,G ' ,t l r e n c e N 5 8 ' 3 3 ' 2 2 " E , 2 f 9 . O gi n e o f L o t s 4 & 5 o f B l o c k " c , , ,

a

AnaV1b e

fe

Thd eE v

a r a d i u s

Page 29: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

, 2 0 7 . 3 6 f e e t t o a p o i n t ,

a curve to the left withd i u s = 1 5 . O O f e e t , t o a

, 78 .97 fee t t o a po j -n t ,

, 49,74 feet . to a point ,

, 250 .00 fee t t o a ; : o i n t ,

19nS a curve to the rightd i u s = 2 0 8 . 1 7 f e e r , r o a

, . 1 9 5 . 0 0 f e e t t o e i p o i n t ,

, 1 7 2 . 6 0 f e e t t o e L p o i n t ,

, 5 I . 7 9 f e e t . t o a p o i n t ,

ong a curve to the lefta d i u s = 2 5 . 0 0 f e e t , , t o a

a;rc j.nt,

with ap o i n t ,

with am i n +

rong a curve to the r ig.htr t r d i u s = 6 0 " 0 0 f e e t , t o a

, I 3 1 . 6 3 f e e t t o a p o i n t ,

with a

n P ^ n r n n

easement fo r {ngrract of land $eine Vi l lage Uni+ Twe par t icu lar l l i de

inning at the Norf Anse1 Fi re \ | i r I

n c e N 3 1 " 2 6 ' 3 4 , ' W

ng a curve to the r i chrc l i u s = 6 0 . 7 4 f ; ; 4 , - ; ' ^ ; ;

, 2 0 . 0 0 f e e t t o a p o i n t n

4 . 5 . L 7 f e e t t o a p o i n t o n t h e

1 3 5 . 3 5 f e e t t o t h e p o i n t , a n d

ssr €9x€se_and pa : :kJ -ng on andpart

-of Five Spr:ungs Road in, Col fax County l W.* Mexico,: r i bed as f o l l ows ;

hwest corner o f Lo t 5 o f B l_ockg e U n i t 2 ,

with ap o i n t ,

n l

A n

F imo

Th

Th

Ange l

n c e S 5 4 ' 4 0 ' n 1 " *

n c e 1 3 3 . 8 5 f e $ t at a = 4 1 " o o , o o ' ] , r

2 6 . 8 7 f e e t t o

2 7 8 . 4 9 f e e h t o

ong a curve to

a p o i n t ,

a ; ro in t ,

ther left with a: L u s = 2 1 5 . 0 0

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ence

ence1 l ^

i n *

e n c ea c e

oNrI

oNfIe

s 1 .3 o 20 '14"

s 7 5 ' r g ' q g , '

N 7 .4 '4 r , 42"

1 3 7 . 8 1 f l e t= 4 3 . 5 2 ' O q , "

5 8 " 3 2 ' 2 2 "beq inn i ]nq .

ROAD ACROS

n c e , s 3 2 o 2 8 , 5 1 "th l ine o f Lo t 5

UTIL]TY AN

, 1 9 0 . 5 5 f e e t

, 4 0 . 0 0 f e e t

| 245 .85 fee t

Iong a curven<l a radius =

to a, poj_nt,

to a po in t ,

to a po in t ,

to the1 8 0 . 0 0

rig'ht withfee t to a

point andNo f

, 2 L 9 . 0 8 f e e t t o t h e

e$ more or . Iess .

easement fo r inq s and egress on and over act of land I1/ ing

I l a g e U n i t S uxico, being mfre r t i cu la r ly descr ibed ie fo l lows:

w i d e b e i n g 7 . 5 f e e t o n e i t h e r

i n L o t 5 o f B l o c k " G , , , A n g e l F i r eC:Lv is ion , co l fax County , l , lew

cr ibed center l ine comrnenc inq a t

, 27 .OO fee t to the po in t and

s l d e! L ^u l t c

r u + . b ) t e e tthe end of

poirrt on theeasr :ment .

L V d

thls

m a h + ] n n

fo l low ingrner o f Lp

+ho nn i n f r

F q t r n nu . ,

e a s ethe

I + ^

3 8 "

e a s ethe

t t ol Q r l

f ed ef

f

fed e

f

t w i d e b e i n g 6 . 0 f e e t o n e i t h e r s i r f ec r : ibed center l ine , commenc ing a t ther t h e n c e S . 1 4 o 4 1 ' 2 2 " w . , 1 3 . 3 3

E EASEMENTS

p l a c e o f b e g i n n i n g . T h e n c e , S . 7 5 "t to the end o f th is easement .

w i d e b e i n g 5 . 0 0 f e e t o n e j _ t h e r s i d ecr : ibed center l ine , commenc ing a t t ihe, t h e n e e s . 1 4 - 4 1 ' 2 2 - . w . , 4 2 . 3 3

p l a c e o f b e g i n n i n g . l p h e n c e , S . 7 S oet to a point being the end of this

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. io ;;;i t; i4;-3 n c e , N , 1 4 ' 4 1 '

-2? : .4 r ' - ?? ' . ' , 4 . 'e n d o f t h i s e a s

S RESE

MAIN UTIL I

18 FOOT P

inn ing a t a 1 na r s S 7 5 o 1 8 ' 3 8

I tT^7

L t

0 ,

ll r^t

n c e s L 4 " 4 I ' 2e n c e N 5 I o 0 B ' I

c e N 1 4 ' 4 1 _ ' 2

i n n i n g .

e n c e N 2 3 " 4 I ' 2c e s 6 6 " 1 8 ' 2

e n c e S 2 3 ' 4 ! ' 2

O f e e t w i d e a n d b e i n g 2 . 5 f e e tfo l low ing descr ibed center -

t h e N . E . c o r n e r o f l , o t 1 , B l o c ke V i l J .age Un i t Two, Co l fax

fhence, S . 14 " 41 . ' 22" W . ,t . T h e n c e , S . 7 5 . I B , 3 9 , ' E . ,in t and p lace o f ] req inn inq .

" E . , 2 4 5 . 8 5 f e e t . T h e n i e ,8 .40 fee t to a po j -n t and be ing

. eorner o f Lo t 3 o f sa id sub-4 6 " l 0 ' 3 8 " E . , 4 e r . 5 0 f e e t t o3 ' 4 1 ' 2 2 " W . , 6 . a l T f e e t t o a

1 8 ' 3 8 " W . , 5 2 . 2 8 f e e t t o afee t a long a curve w i th a de l tain t and p lace o f t reg inn ing .

EMENT

a. l la t ion and main t ,enanceo:F land ly i r rg in l ,o ts I ,e V i I I a g e , U n i t 2 , C o l f ; r x

r t i c u l a r l y d e s c r i , b e d a s

on the East boundary o:f Lot I , fromcorner of th,e property described ina r s S . 1 4 o 4 I ' 2 2 " w . , a d i s t a n c e o f

po in t and p lace o f beg inn ing , thence2 . 4 1 f e e t t o a p o i n t , t h e n c e , N . l _ 0 "t to a po in t a t wh ich is Located a1 < l ; t h e n c e , N . I L . 4 7 , 4 7 " E . , a d i s -to a l rc in t , thence , N . l )9 . 24 ' 11 , 'po in t on the Nor th boundary o f Lo t 4 .

J\ND ACCESS EASEMENT

I I I .

Y

N0

i

E

( ) f u t i l i t i es2 , 3 a n d 4 ,County, New

fo l l ows :

of tot 3

p l a c e o f

f

f

ttt

b

:From whence the NE corner:2 l i . 0 0 f e e t .1 9 5 . 3 4 f e e t t o a p o i n t ,4 2 . 9 4 f e e t t o a p o i n t ,1 5 5 . 2 5 f e e t t o a p o i n t ,5 : i .68 fee t to a po i -o t ,I U . 0 0 f e e t t o a p o 5 _ n t ,5 {1 .50 fee t to the po in t and

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' r ' i .

ll l'

l .

( )

i ss ion Exn i re f :

REFERRED TO HERE, records of CoIst ing of sheels

STATE

COUNTY

I

t.he un

n l e n i

A n a a l

Const r

PIa

BSCRIBED

NEW MEXICO

cer t i fy that fh is f loor pLan depict$ the indiv idual urr i ts ,

t des igna t i on$ , the d imens ions o f the un i ts and t t re

a copv o f po f , t io s o f the p lans o f The l , i f t Condomin i .um,

i r e , N e w M e x i q o ,

t i on I ndus t r f es

e and Indus t r l r , a the County Comm:Lss ion o f Co l fax County

. DeLAPPEngineer and Land Surveyor

s f iLed with and approved by the

iv is ion , New l lex ico Depar tment o f

to bef ore me t .h is J6- aay ot

1 9 8 r .

are the P lans f i l -edCounty , New Mex ico

1rI Condominium flooAugus t 5 , l 98 I

through 3.

EXHIBIT 2

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* ^,rqr*

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0 , 0 3 6 i l0 ,03 ,6s0 . 0 3 6 S0 . 0 3 6 40,035.7 .0 : . 0 I g g0 , 0 1 6 I0 . 0 3 8 30 . 0 3 5 2. 0 . 0 3 4 90 , 0 1 . 9 60 . 0 1 6 00 . 0 I 6 10 , 0 l . g g0 . 0 t , 6 00 . 0 t B 8 '0 , 0 1 6 00 . 0 l g g '0 , 0 1 6 00 , 0 1 g g0 . u l , b u0 . 0 1 8 70 . 0 3 5 L0 . 0 3 4 90 , 0 3 4 90 . 0 3 6 90" 03 ;640 . 0 3 6 S0 . 0 3 6 40 . 0 3 6 40 , 0 3 6 40 , 0 3 6 40 . 0 3 6 40 . { J 1 } 6 40 , 0 3 6 ; 4

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l . tg , ,6?5,,00I {g ,eg :5 ,001,4? r,06O..'0082 r 4 :00 .0Ct7 l , 2 0 0 . , 0 07 l , 4 0 0 . , 0 0R3 r1.00,"Q07r ,00 i0 ' .0083 r1. .0,0.00717,0'00,00g,3 r I00 .00?.1.,;,000 " 0083 rI '00,,0CI7 l , Io0 . ,00.83 r'0OO.',,00

1".4V t0:?0,.00L46,169,0," 00L4 7 ,0,60. 0ol5:5' $:{Q . $g;l6 3., 5AO,. 0.(rL:55 ,0,4,0 ,00I $ 3 r $ ' ? 8 , 0 015 3, 5 i l0 ,00Ib: f l , r52CI.00r53,1.580,.,00I 5 3 , 5 ? 0 . 0 0X,5:3 r 5?0 .0t1l!5,3., $t0', 0(t

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)N

T h e n a m e o f t h e o r g a n i : : a t i o n s h ;A s r ; o c i a t . i o n .

D r r ( i o n d o m i n i u m

A R T -

oB.

+ . T h e p u r p o s i e f o r w h i c h L h i si s t o g o v e r n t h e c o n d o m i . n ' a t l - o n i . s f o r m e dsubmit led ro r le provi" i ; : :*"! ' ! iq: i { , ,* l : i?. :" ;"?i :1"; . . , ,oi i i uJo w n e r s h i p A c r b v t t r e r e c o r d l : :

: t ] : l 4 " o " " 1 a r a t i o n - a n a a n ) / s u p p l t : _l : ;".."..1;:i".:1.;"irff,ninilu^ll i . i ;n;;{^er.,ts rhereto beariirs ri., i ,-

-

2 . A I I p r e s e n t o r f u t u r e o w n e r3 . n y o t h e r p e r s o n t h a t m i q h t u s e

r e t e n a n L s ' o r

::".fl:'::il:,:?:l::r":l F::.fl;?:. i'f:;':i:'sloli,,.t i o n o r r : e n t a 1 o f a n y

- o f

- t n " c o n

r h e m e r e a c q u l s j . -f e r r e d t o a s " u n i t s , , j ; ; t h e m e r

r e r e i n a f t e r r e _

;?it=,,3'. l l^i in,3o"Ir: l: ' these Bv i5,":. i l lr3ut;i i i '

A Ri I IC

I ' I E M E I E R S H I P , v o T I N G , M A J O I T I T . { u M / P R O X I E S1 . M e m b e r = L i p . R e c o r : d o w n e r r s lr e e i n G ; . e E E - r " .

" ; ; J ; ; , ; . i ; - ; ; , r l e o r L n d i v i d u a l

requi red in order ro q , , i i l rv ro i l? : " l j : , fT"1 i " . .Any pe rsc )n on becoming ; rn owner (a u t o m a t i c a l l y b e c o m e i - n r e m b q r o f

n l u m u r r i t s h a l lt o t . heqe . ny - i aws . such ' , i emners r , : and be sub j ec tf o n n a r a s s o c i a t i o n u . i i . , r , - w h . e n e v e

e w i t h o u t a n yc o n d o m i n i u m u n i t , b u t s r - r c h t e r m i l

' l s e s t o ' | c w n are leas ie _ any such f o rmer owner f r<

re l - i eve ( ) rincurred under or in a ,ny *u, conr ;L , : : l l . : io .nro lur_i n g t h r e p e r i o c r o f s u c h i , w n e r s r , i p n t h e F r s s o c i a _t i o n , o f i m p a i r a n y r i g h l ; o r r e nh a v e , e i t h e r t h r o u l h t . h ; , - e o a r a . o i u n j - t o w n e r sd i r e c t l y , a g a i n s r t 6 u c h ' f o l m e r o w r : _ l " s o c i i l t i o n o ri n a n y w a y c o n n e c t e d w i t h o w n e r s t

r s l - n g c r u f - o f o rnan ts and ob l :Lga , t i ons i nc iaen t t h

p and the c<>ve-

Page 35: F^p | .r^-o .ttelz.{*..par./ :: d.l- IwHE hEAS, rhe u nd e r s i s n e,J, rr e r e j- n a f r [Bv ;{w4r4t^\fuyai;;7, ie the ?wner o:f the real froperty describeT-En-Rxtri-tri-F-I--

l

2 . V o t i n g . V o t i n g sund ivFa &-Tn teres r owncommon e lemen ts . Cumui n g i s p e r m i t t e d .

3 . M a j o r i t y o f U n i tt .e rm 'mf f it h a n f i f t y p e r c e n t ( 5 0genera l cbmmon e lemen

4 . e u o r u m .

p o n t h e p e r c e n t a g e o f t h eowner i n a l l o f b .he gener :a l

r s p roh ib i red bu r p rox f ; ; i = :

ed i n t hese By -Lawsr themean those owners o i moreided ownersh ip o f t he

<rv idea \n these By=Law_s ^___theb e r s _ h o l d i n g f i f t y - o n e ; ; ; : -

sha l l conS ' t i r u t . e_ u qu " l ; ; r - t )t h e u n i t o w n e r s p r e s e n t ,be requ i red to t ra ,nsac t t he

r

The owner r i o f t he condomin_t i o n o f u n i t O w n e r s , h e r " i , . ,

- l 1 t : - . ! : r e s p o n s i b i l i t y - J ta r o o t D i r e c t o r s , h e r e i n

preseFcEf-Irr-c e n t o f t h eAn af f i rmatw h e t h e r i nb u s i n e s s o f

Ex cep tP e r s o n o rv o t e s e n t i

t v e v o t e o fpe rs ion o r

b h e m e e t i n

A s s o c i a t i o n R e s

D e c l - a r a t i o n f o r T h e L i f

2 . p l a c e o f S e e t i n g .held EE-FGffi-pJ_ace wi rhthe Boar ( l my Sutur * inu . '

a n n u a l m e e t i n g s o f t h eo f e a c h s u c c e e d i n g V u i ,b y b a l l o L o f t h e 6 * " " r "requ i remen ts o f Sec t i o r i .owners may a l so t ransacas may proper ly come berry-Lav/s refers to the D

h e A s s o c i a t i o n s h a 1 I b ei r e S L a t e o f N e w M e x i c o a s

A D M I N T S T

l 1 b e h e l d o i t . l , . . . . . . . ' " . . . ; . . - - ,i.ngs there straTf-fF elecE6.Aordance w i th theV.o f t he By -Laws . Thes t n e s s o f t h e A s s o c i a t i o ne c l a r a n t n a s u s e d i n t f r e s ein the Condomi .n ium

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) 1I

t h e r r : o f . t J o b u s i n e s st r a n s a c t e d a t a s p e c i ;

h e n o t i c e s h r a l l b eo f t h e o w n e r s p r e s e n t o n s e n t o f t w o - t h i r d sm e e t i n g s ; s h a l l b e h e 1 <

b y p r o x l r ' A n y s u c hd e t e r m L n . "

" i t i r i n t h i r

t n e a s t h e p r e s i d e n t

o f such ; ; " ; i u r i on o r ce i_p t bJ , t he p res iden t :

5 . N o t i c e O f M e e t i n <or aerri€iidffii.. :11r"fi::;?rll,,,E.Tiil:;dp l a c e i t i s t o b et e r e d a d d r e s s o f e a c h

t h i r t y ( 3 0 ) c l a v s , -t i ce i n t he man-n , r r

c o n s i . e r . e ' n r . r { _ i n a s r " t r : h n o t i c e s h a l l _ b ec o n s i d e r . e d n o r . i . c e s € r V e u 2 d r l o c n e c e 4 r i r i . . t E " l r ? t ; : t : : " : : ? : : r o , tt h e i t n o t i c e w a s ' d u l y g i u e n " ; - i r - b J - i r - i * " f a c i a e v i d e n c e t h e r e o f .

6 . A d i c r r r r n r r A M a a F . i ^ - ^6 ' A d j o u r n e r g - M g e l i n g s . r f a n y m e e L i n g o f o w n e r s c a n . o t t r e o r -3:: ' : :5T:i l :3 leaTn has .nor arrdnded, rhe owners wrro arep r e s e n t , e i t h i e r i n p e t r s ) D o : . r r y p i ? I y ; m a y a d j o u r n t h e m e e t i . n g t oa L i m e n o r a u , : j l _ r h a n f " : - a y : . i ' h t ' i t d j ' t r o u r s f ' o m t h e r i m e r h eo r i g i n a l m e e t i n g w a s c a L I e a .

' \ - v l

l . O r d e r n f F l r r q i h 6 d r m L ^/ . O r d e r O f R u s i n e s s . ,t h e l o " , , " F f f l . f f i - . r r ; : " , ' : ' ? : [ ' . 3 [ - , b u s i n e s a t a . l 1 m e e t i n g s c r f

( a ) R o 1 1 c a f L a n d c e r t i E V i h f l p r o x i e s ; .( b ) p r o o f o f n o - t i c e r o f t ' . u F i . ; - o r - * . r i " u , o f n o t i c e .( g ) R e a d i n g o f M i n u r e s p f( d ) R e o o r t s . . , F n f € i P } : e c e d

r n g m e e t i ' n g s "d ) R e p o r t s < > f o f f i c e r s .e ) R e p o r t s o f c o m m i t t e b s .f ) E l e c t i o n o f . m a n a g e r b ,

( g ) U n f i n i s h r : d b u s i _ n e s s .( h ) N e w b u s i r r e s s( i ) A d j o u r n m o n c .

x P e r f o r m a n c e O f F u n < : t i o n s B Dor . I r ^ n F I t h e r i g h t s i , d u t i e sand ffincltfons oF rTe-ECEe x e r c i s e < l b y t h e D e c l a i e r n tD r r e c t o r s ; i n t h e A r t i c l e , so f t h r = e n t i r e c o n d o m i n i r u na l l c o n d o m i n i u m u n i t s h a , v e

s h a I I , q tb y a n d F h r

of r rncor lporp r o j e c t l l 1 a s

b e e n s o J d .

A I I T I C L E I V

E.OARD OF' Dr oRsI . N u m b e r a n d l - ) r r a ' l i f i c a t i o r r sr h e'1-snrffi####+""

"s-f;:; " oT

h e D e c l a r a n t I s ; o p t i o n , b eu g h t h o s e p e r s o n s n a m e d a st i o n u n t j . 1 L h e r d e v e J - o p r n e n tb , € € n c o m p l e t e c l a n d u n i i t

Dec I a ran te Board as

s h a l l e x e r c i s ePrc rv ided the re i r r

- 3 -

f i +j -

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by . I , d t h rough the pe ra s t h e D i r e c t o r s u n l i lA s s o c i a t i o n . A t t h eLhree members o f t hea f t e r g o v e r n t h e a f f a iso rs have been -du l y e lt o rs may be i nc reasedm e m b e r s a t a r e g u l a r o

2 . Powers and D u t i e s .dut ieEl@s o c i a t i o n a n d f o r t h e oi u m p r o j e c t a s a f i r s t _S u c h p o w e r s a n d d u t i e sb e l i m i t e d t o , t h e f o l l _o n b e h a L f o f t h e o w n e r s

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i )

t h e c o n d o m i n i u m p r o j e c tw i t h t h e b e s t i n t e r e s t sd e l e g a t e , C t o t h e M a n a g i

( 1 ) T b k e e p a n dr e c o r d s s h o w i n g ' a i l o fand to pr : rmi t exami . nat io f t h e o w n e r s . S u c h dA g e n t

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(c { ) Tos h a l l h a v e a n dt h e B o a r d b u td e l e g a t e .

employ foe x e r c i s e

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o f o n e D i r e c t o r s h a 1 l b eo f f i c e o f o n e D i r e c t o r

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s e d b y t h e o w n e r s s h a l l b ; -

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9 . R e g u l a r M e e t i n q s .held aE-ff it i m e t b y a m a j o r i t y o fm e e t i n g s s h a l l b e h e l du l a r m e e t i n g s o f t h e B os o n a l l y o r b y m a i l , t e ldays p r i o r t o t he day ,n

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! m e e t i n g o f e r n e w l y e l e c t e c jf t h e u n i t o w n e r s s l r a ] l b ;a t s u c h p l a c e a s s h a l l b e

a t w h i c h s u c h D i r e c t o r sn e c e s s a r y t o t h e n e w l v

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h e m e e t i n g p r i . o r t o v o t i n o

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any DTF@s u c h w a i v e r s h a l 1 b e dn o t i c e . A t t e n d a n c e b vs h a I I b e a w a i v e r o f

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t h e g i v i n , g o f s u c hany meet ing of the Board

t h e t i m e a n d p l a c e t h e r e o f .ny mee t ing o f t he Board r r roand anv bus ness may be t ransac ted

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1 3 . F i c l e l i t y B o n d s .and entp-foyeet ciF-TE-e Ah a n d l e o r a r e r e s p o n s ia d e q u a t e r f i d e l i t y b o n dcommon € |xpense .

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