NS Purchasing - Telesis Construction Management Gateway lease

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exist or may be caused by settlement or movement of the Building, or by permissible repairs, construction or alterations , as provided in N.C . G . S, §47C4414. Section 4.03 Nature of Interest in each Unit. Each U. together with the undivided interest . in the Common Elements appurtenant thereto as set forth on the attached FMUBIT B, shall for all purposes be, and it is # hereby declared to be, a separate parcel of real estate. Subject to the provisions of this Declaration (including any and all utility and other easements, if any, reserved or conveyed herein), the Bylaws, the Rules and Regulations and such acts and resolutions as may be adopted from time to time by the Board of Directors as provided in the Bylaws : (a) the Owner of Unit 100 shall be entitled to and shall have. (i) the exclusive ownership, use and possession of Unit 100 , (ii) the exclusive use of any Class I Limited Common Elements, (iii) the exclusive use of any Class V Limited Common Elements allocated to Unit 100, together with the Owner of any other Unit to which such Class V Limited9 Common Elements are allocated, and (iv) the non-exclusive use, together with the Owner of each other Unit, of all Common Elements not designated as Limited Common Elements; (b) the Owner of Unit 200 shall be entitled to and shall have. (i) the exck ive ownership, use and possession of Unit 200, (ii) the exclusive use of any Class II Limited Common Elements, (iii) the exclusive use, together with the Owner of Unit 300, of any Class IV Limited Common Elements allocated to Unit 200 and Unit 300, and (iv) the exclusive use of_ any Class V Limited Common Elements allocated to Unit 200, together with the Owner of any other Unit to which such Class V Limited Common Elements are allocated, and (v) the non-exclusive use, together with the Owner of each other Unit, of all Common Elements not designated as Limited Common Elements; and