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NS Purchasing - Telesis Construction Management Gateway lease
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NS Purchasing - Telesis Construction Management Gateway lease
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Section 12.02 .Amendment of Declaration. Except as otherwise provided in paragraph 5.02(c) <br /> or by N.C.G. S . §47C-2417(a), this Declarationn may only be amended (a) by the afrmative vote of the <br /> members of the Association representing not less than seventy percent (70%) of the total number of votes <br /> allocated to all Units by this Declaration, which votes shall be cast by the members of the Association <br /> present in person or by proxy at an annual or special meeting of the members of the Association duly held <br /> in accordance with the provisions of the Bylaws with respect to which notice of the purpose of the <br /> meeting shall have been given and at which meeting a quorum shall be present, or (b) by written consent <br /> of the Owners representing not less than seventy percent (70%) of the total number of votes allocated to <br /> all Units by this Declaration. No such amendment shall be effective until it is recorded in the Office of <br /> the Register of Deeds of Orange County, North Carolina. <br /> Section 12.03 In 'dit . The invalidity of any provision of this Declaration shall not be <br /> deemed to impair or affect . in any manner the validity or enforceability or effect of the remainder of this <br /> Declaration, and in such event, all of the other provisions of this Declaration shall continue in full force <br /> and effect as if such invalid provisions never had been included herein. <br /> Section 12.04 No Waiver of Provisions of this Declaration. No provision contained in this <br /> Declaration shall be deemed to have been abrogated or waived by reason- of any , failure to enforce the <br /> same irrespective, of'the number of violations or breaches which may occur. <br /> Section 12.05 Law Controlling. This Declaration and the Bylaws attached hereto shall be <br /> construed and controlled by and under the laws of the State of North Carolina. <br /> Section 12.06 Team. The term of this Declaration shall commence on the date this Declaration <br /> is recorded in the Office of the Register of Deeds of Orange County, North Carolina, and continue <br /> thereafter for a period of twenty (20) years, after which time the term of this Declaration shall be <br /> automatically extended for successive periods of ten ( 10) years each unless and until the Condominium is <br /> terminated as provided in N.C.G. S . §47C-2- 1184 <br /> Section 12.07 Binding Effect. All of the provisions of this Declaration, the Bylaws and the <br /> Rules and Regulations shall (a) run with title to the Property, including each Unit and the Common <br /> -53 - <br />
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