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Agenda - Council - 08/28/2007
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Agenda - Council - 08/28/2007
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3/19/2025 1:31:36 PM
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8/24/2007 12:11:59 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/28/2007
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<br />- 28 - <br /> <br />stat~~~nt be prepared at Assvciation eA~ense if one is not <br />otherwise available. <br /> <br />Section 12.10. Upon written request to the Association, <br /> <br />identifying the name and address of the First Mortgagee, insurer <br /> <br />or guarantcr aLd the House address, any First Mortgagee, insurer <br /> <br />or guarantor will be entitled to timely written notice of: <br /> <br />a. Any condemnation loss or any casualty loss which affects <br />a material portion of a Common Driveway. <br /> <br />b. Any delinquency in the payment of assessments or charges <br />owed by an Owner. of a House subject to a first ~ortgage. <br />held, insured or guaranteed by such First Mcrtgagee or <br />eligible insurer or guarantor, whic~ recains uncured for <br />a period cf 60 days. <br /> <br />c. Any lapse, cancellation or material modification cf any <br />insurance policy or fidelity bond maintained by the <br />As so cia:ion. <br /> <br />d. Any proposed ac~ion which would require the consent of a <br />~pecified percentage of eligible First Mortgagee as <br />specified in Sections 1 and 2 of this pxticle. <br /> <br />Section 12.11. The Association shall make available to First <br /> <br />Mortgagees, House Owners and insurers or guarantors of a first <br /> <br /> <br />mortgage, correct copies of the Governing Documents upon request <br /> <br />and duri~g normal business hours. The Association may impose a <br /> <br />reasonable charge upon those requesting such cocucents for its <br /> <br />services and cost in preparing and delivering such copies. <br /> <br />ARTICLE XIII <br /> <br />AMENDMENTS <br /> <br />This Declaration may be aoended by the approval of not less <br />than seventy-five percent (75%) of Owners entitled to vote, in <br /> <br />writing or at a duly constituted meeting of the Association held <br /> <br />for such purposes, subject to the rights of First Mortgagees as <br /> <br />
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