HomeMy WebLinkAbout1854 provisions oP a Ninety-Nine Year Leaee. The Recreation Area ahall
be adminiatered by the Aasociation,•and shall be available for
the use oP apnrtment or~rners Nithout disariaa~nation and MithQUt
ohargs_eacept Khere speaifically authorised by thia Deolaration,
exaept that the Associatiom m~y adopt regu]ations providing for
charging f'or exalusive use of the facilitiea by an apartment .
orrner Prom time to time if such eaclusive use is made availsble
to all apartment ownera. Uae oP the recreational facilities ahall
be pursiaant arri sub~ect to the provisiona of the Ninety-Nine Year
Lease.
3.6 A artments. There are fourteen (14) apartments in one
apartment u t~g.
4. Appurtenances to Apartmenta. The owner of each apartment
shall own
an
unaivid~C a~and certain interest in the Condominium
property, which share and interest ahall be appurtenant to the apart-
ment, said uridivided interest in the Condominium property and con~n
elementa being as designated and set forth in an Exhibit A attached
hereto. ~
- 4.1 Liffited Comnon~Elements.
-(a) Storage Space located within the building shall
- be assigne so as o provide at least one such epace to
the exclusive use of each apartment owner.
(b) Automobile. Parld.ng Space. . Lia~dted comnon ele-
ments inclu e e par ng spaces. Parking spaces ahall be
asaigned purauant to the rulea and regulations of the As-
sociation so as to provide parking for one automobile, i.e
one parking space Por each apartment, provided, however,
in the.event a apeciPic parking apace is aasigned in connec-
tion with the sale of an apartment unit by.tha Developer,
the right to use oP the said design~ated parking apace shall
pass as an appurtenance to the Corxiomini~n apartment unit
owned by the apartment owner to whom such space is initia~.ly
assigned, ar~d the Association ahall not_ thereaPter reassign
or change the said apartment o~?ner~ s parkirag space without
his written consent, provided, further, said apartment oxn-
er shall n~t transfer or asaign use of the said parking
; ~ space except in connection Kith sale oP the Condominium
~ apartment unit, and provided further, Developer shall retain
~ the right to assign all unassigned parking spaaes until all
~ apartments have been sold by him. ~
~ S. Liability for Comnon Expenses. Each apartment unit owner shall ~
be liable or a propo ona e s re o the comm~n eapenaes, suah ahare
being the same as the undivided share in the common elements appurtenant
to ~his apartment. Such comm~n eapenses ahall inalude all of the obli-
gations and liabilities of the Association ur~der the terms and provisions
of the Ninety-Nir~e Year Lease.
6. Memberahi~ in Association. Memberahip of each apartment owner
in the Assoc~a~~ n s~ia1I` e acqu red pursuant to the provisions ot the
Articles of Incorporation ar~d By-Laws of the Assoaiation. _The interest
~ of each apartment unit opner in the ri~r~ds ar~d assets h~ld by the Assoai-
~ ation ahall be in the same proportion as the liability of eaeh such
owner for con~n expenaea.
~ 7. Maintenance Alteration and rovement. Responsibility for
the maintenance o o um prope y, a restrictions upon its
alteration and inQrovement shall be as Po11oMa :
600K~00 Pr16E~8~~
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