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mmmm <br />ulgate such rulesy <br />operation and use <br />t to designate certain <br />ndlvldual lots provided <br />se and enjoyment <br />e obligated to, <br />on areas, subject <br />orporatlon, against <br />overed under standard <br />t cost thereof, <br />y Injury liability, <br />elation. Hic premiums <br />;ainst the lot owners <br />be taken at a meeting <br />ing when authorized <br />5 shall elect a president <br />md a treasurer and, <br />:s, assistant secretaries <br />i office for one <br />Led. If any office <br />jrwise, the board <br />elect a successor <br />id not be members <br />. not at the same <br />lent; or (ii) president <br />It the same time. <br />tause, by the board <br />s of members and <br />general charge and <br />and perform such <br />f directors. <br />a the event of his <br />3im the duties and <br />shall have such other <br />cords of the corporation <br />shall perform all <br />the duties incident to the office of <br />of the board of directors and do and perform such other outre <br />be assigned to him by the board of directors. <br />Treasurer. The treasurer shall have Imposed <br />securllTIs of the corporation, sub ect « '“'V;|“f"™°3ll the Ltles <br />by the board of directors, and shall f^^fc^trol of the board <br />Incident to the office of treasurer, subject to the contr <br />of directors. <br />CecMon 9. waiver of_Jo^- A Erector « ™f,:^:^rtlrg."fU:d tltrthr^'"" <br />before, at or after such meeting. e wa meeting, who shall enter <br />person vho has been designate ^ . oy-cmee at a meeting is deemed a waiver unless <br />"it upon the records of the of the meeting, <br />it is solely for the purpose of asserting the g 7 <br />correct and complete books of 3„<j (ui) all committees having any <br />(1) the mmnbers, (11) the 4‘"=““ihrtard of directors or manager shaU <br />of the authority of the board of di . order of the receipts and expenditures <br />keep detailed, accurate Specifying and itemizing the maintenance <br />affecting the common areas and fac , facilities and any other expenses incurred, <br />and repair expenses of the conmon --/^^SttoS^e^r-y inspect all books and records <br />A member, acting in person or by ag request of any member, the <br />roSprarn":L?rf:::i:h TchTerb^r Wl^^^a S^nuiJ <br />:L:iian:’^pe1iod Snd rbrirn:nhe:t containing a sunmary of its assets and liabilities <br />as of the closing date of such accounting perio <br />Sectior. 11. Assessments. Common Dues and Other Charge^ <br />(a)The board f U"tLlmpro™?and <br />levy annual assessments agains , ^ Declarations referred to <br />maintenance of the common areas ^ ^ limited to, the payment <br />in the Articles of Incorporation levied against the <br />of taxes, insurance authorized herein, equipment, <br />conmon areas, repair and replacements, and <br />materials, management and supervision. <br />(b)ATimial Assessment. The eitW fiscal or calendar. <br />iU“J.£52.Ss “as; £1 ..... <br />(c)r".;; <br />tTb^^^rZnircctors may. g£ deferring In whole or <br />year levy a special assessment fo „„^„gcted repair or replacement <br />part die cost of any construe i i„ri„aine the necessary fixtures <br />Improvement upon the common areas, including the <br />• ____t'VlPT’G to • <br />in <br />ofand p«sonal property related thereto <br />t <br />•^4 <br />l i <br />I <br />i <br />t a JT <br />(d) <br />(e) <br />S <br />when d <br />therec <br />real € <br />estate <br />memb ei <br />at thi <br />for tl <br />under <br />is no <br />bear <br />per a <br />oblig <br />sh al 1 <br />fees <br />for 1 <br />of h <br />Mcmb' <br />prov