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~ designate a~e ~of the trustees as t~r_ v~ting m~~rber. ~he ~y~-Laws of
the Rss~ciation shall gavern the Fxo~eedings t~ fol~.aw in designating
~ an ir~dividual as the v~otim,~ me~mber~ of the ~anit. .
~ ZYie prc~visions of this Article V:3re identical bo those of
Arti:~le XII of the Articles of InvoYp~oration and ghall mt be amended
wless Article XII of t.t~e Articles of InoorQora~i~on is also amended so
_ . that there shall be no inc.~onsistency betw~een the~n.
~ ~ AI~TICLE VI ' -
- CY~1 EXPIIJSES AI~ID OOi~~I SURPT~JS
ZY~e aanmon expenses arc3 any canm~n surpl~s of thz As~cia- ~
. tion shall be sharec~ by at~d owt~ed by tY~ unit awners in tY~e sarne ~r-
. centage pro~portion.as their percenta~e of ownership interest in the ~
c~ommn ele~men~s as specified and s~et f~rth on Exhit~it C. 7he forega~
ir~g ratio of sharing c~umn expenses .arid assessments ~nd of vwning
. oanmc~n surQlus shall renain regardless of the p~chasE prices of the
~its, their locati,~n, their size or the number of w~es each u~it i.s
entitled to cast.
ARTICLE VII ~
~ - - ASSES,.Sri'~-:15 ' ~ - .
~ ~h~ Assaciation, th~ough its B~ard of_ Ac~ministration, shall
have the p~wer u~ fix, determine, make arid collect, fram time ta time,
_ _ a~sessments, ar~d special assessments, an~d such other asses~ments as . ~
~
are pravided for t~ the Cbrr~aniniun Rct, this De~laration and the _ . €
~ sy-I.a~rs. ~ .
- . A. SHARE ~QF QOt~JN _~FTISES. Each ~n it awner 5ha11 be
~ lial~le for a proportionate share of ooRUt~n expenses and shall share
.
, .
~ . - - -
in the ao[n~~n su~plus as pravided in %~sticle VI and Exhi.bit C of this
~ _ _ ~ -
~ Declaration. - - ~
- B. ~JN ~PIIQSES Il~I(.'I~JDE . Uamm4n expense s shal.l - in- -
clude, but r~ot be limited ib, the follvwing expenses: expenses of ad- ~
, _
~ - - ministration arr7 management; property taxes and assessments. against
- the condcxnini~n pr.oQerty (~til such time as the taxes and assessments- - _
. are mar3e against the vor~aninium uiits, individually, and thereafter, _
' -
~anly s~h taxes arx~/or assessznents, if ~any, ~as may be assessed arainst -
'
. - - - _ ~ . 385 P~~E 989 . ~
LEWIS, VEGOSEN AND ROSENBACH~ P.A.~ AtTORNE75 AT LAW •