HomeMy WebLinkAbout0368 i~ aid thareof to mortgoc~e said properties, In the event of a default upon any such murtgage, the
Ir:nders' rights hereunder shall incl~de but not be limited to o right, after toking possessio~ of svch
~:coperties, to charge admission and othcr fees as a condition to continued enjoyment by the Members
and to open the enjoyment of such properties to the public; • ~
(b) The right of the Associotion to talce such steps as are reasonably
necessary to protect the obovedescribed praperties against foreclosure; _
(c) The right of the Association, as provided in its Articles and Bylo~vs,
to suspend the enjoyment rights of any Membcr for any psriod during which any assess:nent remains
unpaid, and for any perio~ not to exceed thirty (30) doys for any infraction of its publisned ~ules
and reculofiions;
(d) The right of the Association to cl~arge reasonable odmission ond other
fees for the use of the Common Properties; .
(e) The right of individual Members to the exclusive use of parking spaces ;
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as provided in Section 5 of this Article;
(f) The droinage an~! tzmporary retention of starm woter run-off ~ses of
rhe Common Properties referred to in Section 3 of this Article; and,
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(g) The right of the Association to dedicate ar transfer ofl or any part of - -
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the Co:nmon Properties to which it has title to any public ~gency, authority, or utility for su4h _
; purposes and subject to such conditions as may be agreed to by the Memb~rs, provided that no such
~ dedication or fronsfer or dztermination as to the purposes or as to the conditio~s there, shall be
~ effective unless an instrument sig~ed by Membe~s entiFied fio cast two-thirds (2/3; of the votes of
~ each class of inem5ership has been recorded, agreein~~ to su~h dedication, tronsf:~r, purpose or
condition, and unless written notice ot the proposed a~ree:nent and action thzreun~er is sent to
~ every member at least nineiy (9~) days in advance of any action taken. The foregoing procedure _
noiwithstan~ing, the Associotio~ may, as an alternative, call a meeting of the Membership to consider
a pronosed dedication or firansfer to any pub~ic ag~ncy, auth~rity or utility, os aforesaid, upon not
le~s than ninety (90j days ~vritten notice in advance of such meeting andfor circulate to the Membzrshi~
_ the oro~os~d d•.:dicotion a transfe~ and the conditions, if any, of such deciication or transfer and such
dcdic~tion or trnnsfer with the conditions approved by the h1emb~rsh~p sPmll be effective when two- _
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