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�t . ,. - �I . _ . -- � . . - _ . � . - . . � i . <br /> provision governing the following: (i) voting rights; (ii) increases in an annual Assessment f ' <br /> more tha twenty-five percent over the prior year's annual Assessment;(iii)Assessment liens, r <br /> priority o�'Assessment liens; (iv}reductions in reserves for maintenance, repair and replacem nt <br /> of Common Elements; (v) responsibility for maintenance and repairs; {vi) reallocation f <br /> interests in the Common Elements ar Limited Common Etements, or rights to their use; (v i) <br /> redefinitiqn of any Unit boundaries; (viii) convertibility of Units into CareZrtlon Elements or vi e <br /> versa; {ix�expansion or contraction of the Property or the addition, annexation ar withdrawai f <br /> property ta or fram the Property;(x) hazard or fidelity insurance requirements; (xi) imposition f <br /> material restrictions on ihe leasing of Units; (xii) imFosition of any restrictions on an Owne 's <br /> right to se 1 or transfer his or her Unit; (xiii) restoration or repair af the Property (after a haza d <br /> damage o� partial condemnation) in a manner other than that specified in the Governi g <br /> Documents; (xiv) any action to terminate the legal status of the Condominium after substanti 1 <br /> destruction or condemnation occurs; or (xv) any provisions that expressly benefit Eligib e <br /> Mortgage�s,or insurers or guarant�rs of mortgages. <br /> � <br /> 15:2 Consent to Certain Actions. Subject to Declarant's rights under Section, e <br /> written consent of Eligible Mortgagees representing at least sixty-seven percent of the Units.th t <br /> are subje t to first mortgages held by Eligible Mortgagees {hased upon one vote per U it <br /> financed)�shall be required to {i) abandon or terminate the Condominium; (ii} change e <br /> allocations of voting rights,Common Expense obligations or interests in the Common Element ; <br /> (iii) parcition or subdivide a Unit except as permitted by statute; {iv) abandon, partitio , <br /> subdivide, encumber, or sell any Common Elernents; or {v) use hazard insurance proceeds f r <br /> other than the repair,replacement or reconstruction of the Properiy,except as otherwise provid d <br /> by]aw. ' <br /> 15. Consent to Subdivision. No Unit may be partitioned or'subdivided without t e <br /> prior writt�n approval of the Owner and Eligible Mortgagee thereof,and the Association. <br /> 15.4 No Ri�ht.of First Refusal. The.right of an Owner to sell, transfer, or otherwi e <br /> convey his or her Unit shall not be subject to any right of first refusal or similar restrictions. <br /> I5.5 Prioritv of Lien. Any Person who comes into possession of a Unit by foreclosu e <br /> of the first mortgage on a Unit, or by deed or assignrnent in lieu of foreclosure of the fir t <br /> mortgage pn a Unit, takes the Unit free of any claims for unpaid Assessments or any oth r <br /> charges or liens imposed against the Unit by the Association which have accrued against suc <br /> Unit prior tio the acquisition of possession of the Unit by said Person; {i) except as provided i <br /> � Section b.9 and the Act and (ii) except that any unreimbursed Assessments or charges may b <br /> reall.ocated among all Units in accordance with their interests in the Cornmon Elements. ' <br /> 15.�i Prioritv of Taxes and Other Char�es. All taxes, assessrnents and charges whic <br /> may become liens prior to the first mortgage under state law shall relate only to the individu 1 <br /> Units and ot to the Property as a whole_ <br /> ! 15� Priori for Condemnation Awards. No rovi � <br /> p sion of the Governing Document <br /> shall give an Owner, or any ather party, priority over any rights of the Eligible Mortgagee of th <br /> Unit pursu nt to its mortgage in the case of a distribution to such Owner.of insurance proceeds <br /> aondemnat�on awards for losses to or a taking of the Unit and/or the Common Elemenis_ Th <br /> MPLS-Word 95 81.11 35 <br />