Condominium Declaration - Laserfiche WebLink

Home Browse Search

i ,,, . � . • � ' . I � - I 13.7 Enforcement bv Owners. The provisions of this Section shall not limit or i pair • the in ependent rights of other Owners to enforce the provisions of the Governing Docu ents, the Ru es and Regulations,and the Act, as pmvided therein. 13.8 Liti�atiori. Notwithstanding anything contained herein to the contra , the � Associ tion may not commence any judicial or administrative aciion on behalf of the O ners (oiher than an actian commenced to enforce the Gaverning Documents or the Rule and Regula�ions, or to defend the Association), without frst obtaining the affirmative vate f the Owner$ to which are allocated at least sixty-seven percent of the votes in the Associati n, in person lor by proxy, at a meeting called for such purpose in accordance with the Bylaws, r by written ballot. ISECTIUN 14 AMENDMENTS � I 4.1 Approval Requirements. Except for amendments by Declarant pursua t to Section 16, this Declaration may be amended only by the approvai of: 14.1.1 The Board; and 14.1.2 The Owners of Units to which are allocated at least sixty-seven perce t of i e total votes in the Association,except as otherwise provided by the Act;and 14.1.3 Declarant as to certain amendments as provided in Section 16;and I 14.1.4 The percentage af Eligible Mortgagees (based upon one vote per t�nit nance)as and if required by Section 15. 1 .2 Procedures. Approval of the Owners may be obtained in writing or at a mee ing of the A sociation duly held in accordance with the Bylaws. Consents of Eligible Mortga es and Decl ant, if required, shall be in writing. Any amendment shall be subject to any gre ter requirem�nts imposed by the Act. The amendment sha}1 be effective when recorded as provi ed in the Ac�. An affidavit by the Secretary or the President of the Association as to the outcom of the vate,Ior the execution of the foregoing agreements or consents, shall be adequate evide ce thereof f r all purposes, including without limitation;the recording of 2he amendment. I SECTION IS I RIGHTS OF ELIGIBLE MQRTCACEES N�twithstanding anything to the contrary in the Goverr�ing Documents, but subject to t�e Act or oth�er laws, Eligible Mortgagees shall have the following rights and protections: � ISI l Consent to Certain Amendments. Subject to Declarant's rights under Section 1 , the writte consent of Eligible Mortgagees representing at least fifty-one percent of ihe Units th t are subje t to first mortgages held by Eligible Mortgagees (based upon one vote per U it financed) hall be required for any amendment to the Governing Documents which changes a y MPLS-Word 9 81.1 I 34 ' I