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., , , 7.8.6 Any license, lease, rental, assignrnent, transfer, or purported transfer f • any�interest in a Stali in vioiation of this Section 7.8 shalt be void: , 7.8.7 The use of the Stalis, and the size and types of cars and other motorize veh cles which may he kept in a Stall, are subject to Ru[es and Regulations as approve fror�time to time by the Board. - � 7.a ' Stara�e Spaces. There are ninery Cornmon EIement storage spaces located in th lower leve� of the Building {collectively the "Siorage Spaces," and individually a "Storag S pace") he assi gmnent of the Stora ge S paces, and the o peration and transfer of the Stor a g Spaces, sh 1 be administered in accordance with this Section 7.9. The following conditians an restrictions�hall govern the assignment,use,and transfer of the Storage Spaces. � 7.9.1 The ini#ial assignment of a Storage Space to a Unit shall be made by th Ass�ciation as directed by Deciarant at the time of the first conveyance of the Unit b ; Dec arant. Upon the closing of the initial sale af a Unit,the Association sha11, as directe by�eclarant, assign to the Unit the exclusive right and license to use at least one Storag Spa e. Each Storage Space assigned by the Association shall be deemed to be license and gssigned by the Association to the Unit to which it is assigned. After all Units owne by�eciarant have been conveyed, any unassigned Storage Spaces shall be deemed to assi ned to the Association. The Association may, after Declarant no longer owns an Uni rent or otherwise assign any unassigned Storage Spaces to Owners or Occupants. � � 7.9.2 The use rights with respect to each Storage Space shall be deemed to b lice sed exclusively to the Owner of the Unit to which the Storage Space is assigned . T'he ssociation shall maintain records sdentifying the Storage Spaces, the Units to whic they are assigned, the names of the Owners of the Units, and the dates of assignment an any reassignmenEs. A written certificate of Storage Space assignment {the "Storag Cert ficate") shall be signed and dated on behalf of the Association and made availabl for elivery on the date the Owner acquires titie to the Unit to which the Storage Space i assi ned; provided, that the Owner has been assigned a Storage Space. The Associatio i sha1�1 not unilateraEly reassign any Storage Space assigned to a Unit. 7.9.3 A Storage Space license shall remain with the Unit to which it is assigne until the license is transferred in accordance with this Section 7_93_ .Subject to Section 7.9. , a Storage Space may be transferred to another Unit, but only by first delivering to the ssociation (i) a written transfer certificate, in a form approved by the Association, sign d by the transferor and transferee, and (ii) aIl prior Storage Certificates and copies therelof, issued with respect to the Storage Space. The Association shall review the prop sed transfer for compliance with this Section 7.9 and, if the transfer complies, the Asso�Ciation shail transfer the license on its records to the Unit owned by the transferee and ssue a new Storage Certificate to the transferee. The license to use the Storage Spac shall remain with the Owner and Unit to which it is transferred until the ticense is trans erred in accordance witti this Section 7.9. In the absence of a properly executed assig' ment to the contrary, the license to use a Storage Space assigned to a Unit at the tirne of the Unit's conveyance shall be automaticalty assigned with the conveyance of title the Unit. MPLS-Word 95281.1 I �5 I f I