Orange County NC Website
27 <br /> thereafter._Upon notice to the Association of a violation hereunder and a failure of the Association <br /> to take action upon said violation within 90 days, any Unit Owner, or other holder of <br /> an interest in the condominium may undertake the enforcement of the provisions of <br /> the Declaration at his own expense. <br /> Section 4:— Invalidation of any one of these covenants or restrictions by judgment or court order <br /> shall in no way affect any other provisions which shall remain in full force and effect. <br /> Section 5:— The covenants and restrictions of this Declaration shall run with and bind the land, <br /> for a term of twenty(20)years from the date this Declaration is recorded, after which <br /> time they shall be automatically extended for successive periods of ten (10) years. <br /> This Declaration may be amended during the first 20-year period and during any <br /> successive periods of ten (10) years, by an instrument signed by Unit Owners with <br /> not less than one ,,,tadrea ( eighty 80) percent of the unit Owner—s, and ther-ea f4or <br /> instr-ument signed by not less than one hundred(100 per-eent of the Ownefs.An),affiefidniefit must bee <br /> reeorded. For-pu posesUndivided Allocated Interests of an amendmentUnits, as set forth <br /> in Exhibit B to this Declaration, or any amendment to Exhibit B resulting from a <br /> subdivision of a Unit Owner- shall be entitled to one vote for- o eh unit owned regardless of the <br /> per-eentage of ,boated ;,,.vrest a ;a.o,l...;,1, the owner-ship of the unt.or Units as allowed by <br /> this Declaration. <br /> Section 6:— The fiscal year of the Association shall begin on the first day of January and end the <br /> 31 st day of December of each year, except that the first fiscal year shall begin on the <br /> date of recording this Declaration. <br /> IN WITNESS WHEREOF, Declarant of this Declaration has caused this instrument to be <br /> executed in its name as--duly authorized by County and Town, this day of <br /> 2026. <br /> SIGNATURE AND NOTARY PAGE TO FOLLOW <br />