Agenda - 06-11-1985 - Laserfiche WebLink

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Section Five. "Lot" shall mean and refer to any plot of land shown upon any recorded subdivision map of the Proper- ties with the exception of the Common Area and shall include all improvements thereon. Section Six. "Declarant" shall mean and refer to Weaver Dairy, Ltd., its successors and assigns, if such succes- sors or assigns should acquire more than one undeveloped Lot from the Declarant for the purpose of development. ARTICLE III PROPERTY RIGHTS Section One Owners' Easements of Enjoyment. Every Owner shall have a right and easement of enjoyment in and to the Common Area which shall be appurtenant to and shall pass with the title to every Lot, subject to the following provisions: (a) the right of the Association to charge reasonable admission and other fees for the use of any recreational facility situated upon the Common Area (b) the right of the Association to suspend the voting rights and right of use of the recreational facilities by an Owner for any period during which any assessment against his Lot remains unpaid; and for a period not to exceed sixty (60) days for any infrac- tion of its published rules and regulations; (c) the right of the Association to dedicate or transfer all or any part of the Common Area to any public agency, authority, or utility for such purposes and subject to such conditions as may be agreed by the Members. No such dedication or transfer shall be effective unless an instrument signed by two-thirds • (2/3) of each class of Members agreeing to such dedica- tion or transfer has been recorded; (d) the ,right of the Association to limit the number of guests of Members; (e) the right of the Association, in accordance with its Articles and By-Laws, to borrow money for the purpose of improving the Common Area and facilities -3-