HomeMy WebLinkAbout0146 piiblie ttntil thc mc~rtgac~e debG is sat:e.sfic~cl t.tiereu~,or~ Llu~ {x~,:~~~::sic>.n ~f: ~ut;h
pror'~xties sh~~1 bc r~:kurnecl to ~ l~s:-,ociaticxt and all .r~~~hts c~f t:h:~ F:c~~r:.
h~reunder ~I~all 1~ fu21y _resh.arecl; and ~
(b) ttc~ riyht of the Association to ~a}:c: such sl-eps as
are reasonably neoessary to protec~ the abov+~-~Iescri.bc~d pmp~x-~.ies agains~
foreclosure; and
(c) i:be right o~ the llss~iati~n, <~s provic3ecl i n:i.t-~
lirticles and i3ylaws', to suspend the enj~yn~nt rights af ~~y r'~~ti'~ac f-or any
period during ~.~.ich any asses~~.nt rem~ir~s unpaid, and ~or ~,ny periocl no~ to
exve~~d thirty (30) days for any infraction of its publ'~hed rules ar.d reyula- . _
~ tions; and ~ _ .
(d) the right of. th4 As:~ciatioi~ t~ ch~e r.eas~mable
admissia~ and other fees for the use of the Oanm.~ Prnp~sties; and ~ .
~ (e) the right of individual t~mi~ers to the exc]~usive use
of p~~'cir.g spaot s a::a provided Sn Section 5 of this Artic~e; and ' ~
. (f) th~ 3irainage and tenporaxy re~ention oF storn? water
na?-c~;. uses of th~ C~-*:ron Pro~,,.rties referred tA in Section 3 0~ this Article.
(g) the right of the lissociataion to dedicat~e or transfer _
all or any part of tt?~ C~~on Pro~rties to aazy publi~c agency, authority, or
utili~; for such p=.a...Yposes and subject to such oo.~idition's as may be agreed tA
by tt~.~ N'~mbers, ~rovid~l that no such dedication or transfer or determination ,
as to the purp~s~s or as t~o the vcYiditions hereof, shall be effecti.ve 1m1GSS
an ins~..m~ent signed by the President and Secretary af the Association bz re-
oorded, oertifying that at a special ar r~ular mezting of mrxc~b~rs called for
such purpose, - of which ~histy (30) days ~,iritten notioe was. sent to each men.5er,
a twv-thirds vote of each Class of inembz.rs was abtained, either in p~rson or by
~
pro?cy, agreeing to such dedication or transfer. ,
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Section 5. Parking Rights. Ths Association may designate and main-
tain upon the ~~an Prm~erties certain parking spaces for the e.~:clusive use
of the Mem~rs, their families and guests. ~he use of any such parking spac~
by any other person may be enjoined by th~ ASSOCiation or th~ t+~nbers enti~led
t}~rcta. -
Section 6. Utility Easerc~nts. There is xeserv'zd wtto the Develop~ r
unL-il the date on which cwntrol of the 1~~s~ciatio*.~ is turned over the C1ass "A"
l~~m.`y~rs as providecl in Article III, Section 2 her~of, the riy:it to grant easc~nts
for the installation and maintE:nanoe of tan~rary rc~acls and public utilities a~ ~
th ~ Ccc~n Pro~rties and Th° Pro~ erties in acldition ~o those already reserv::~1. '
- F~,y ~ 7. - BOOK ~~lJ DAGE ~ ~U . .
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