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RES 84-11 ASSESSMENT FOR LID 3A-98RESOLUTION NO. 84-11 A RESOLUTION OF THE CITY OF WINSLOW, WASHINGTON, ORDERING SEGREGATION OF SPECIAL ASSESSMENTS FOR LID 3A-98 AND 3A-106. The City Council of the City of Winslow, Washingto~ resolves as follows: The City Council determined on May 3, 1984 that the segregation requested by James and Barbara Carlson for the property short plat no. 1 and no. 2 be made and the City Treasurer shall make the segregation ordered hereby on the original roll for Assessments LID 3A-98 and LID 3A-106. 2. Amount and date of the original assessment. ASSESSMENT NO. 3A-98 3A-106 TAX NO. 272502-1-036-2000 272502-1-070-2007 AMOUNT $20,266.76 20,266.44 ROLL DATE April 7, 19~0 April 7, 1980 Amount due to the City for reasonable engineering and clerical costs together with the $10.00 for each tract of land for which the segregation is made: $180.00 Legal description of the original tracts as shown on the original assessment roll: 3A-98 Short Plat No. 1 Property Tax No. 272502-1-036-2000 Sec. 27, T 25N, R 02E, SE 1/2, SE 1/4, NW 1/4, NE 1/4 3A-106 Short Plat No. 2 Property Tax No. 272502-1-070-2007 Sec. 27, T 25, R 02E, N 1/2, NE 1/4, SW 1/4, NE 1/4 Conveyed by Aud. No. 1055370 subject to Public use for Lovell Avenue NWly Alg Ely in thof. Boundaries of divided parts are shown on Exhibit (1), Short Plat 1 consisting of Lots A, B, C, and D; and Exhibit (2), Short Plat 2 consisting of Lots A, B, C, and D. SegregateJ Assessmenhs: Assessment No. 3A-98 tax lot 272502-1-036-2000 Short Plat No. 1 Total principal due less matured principal $17,226.74 New Tax No. 272502-1-036-2000 272502-1-103-2008 272502-1-104-2007 272502-1-105-2006 New Assessment No. Lot A $5,'730.57 3A-186 Lot B 2,885.62 3A-187 Lot C 2,893.71 3A-188 Lot D 5,716.84 3A-189 Total $~7,226.74 PAGE 2 RESOLUTION NO. 84-11 Assessment No. 3A-106 tax lot 272502-1-070-2007 Short Plat No. 2 Total principal due less matured principal $17,226.48 New Tax No. 272502-1-070-2007 Lot A 272502-1-106-2005 Lot B 272502-1-107-2004 Lot C 272502-1-108-2003 Lot D $5,711.59 2,891.91 2,895.38 5,727.60 New Assessment No. 3A-190 3A-191 3A-192 3A-193 Adopted by the City Council of the City of Winslow, Washington, this 17 day of ~av , 1984. ATTEST: Clerk/Treasurer COMPUTATIONS FOR JAMES W. and BARBARA CARLSON SEGREGATION of ASSESSMENTS 3A-98 and 3A-106 Exhibit (1) Segregation L I D 3A-98 Original Assessment $20,266.76 Property Tax No. 272502-1-036-2000 Short Plat No. 1 Original Asessment Zone 1 9947.70 X .015000 2 9947.70 X .008333 3 9947.70 X .006666 4 9947.70 X .003333 5 178,289.32 X .001666 Total Zoned Units Zoned Units 628.61 X cost per unit $32.2406 = $20,266.76 Total Original Principal 20,266.76 Less Matured Paid 3,040.02 Total Unmatured Principal Due $17,226.74 149.22 82 89 66 31 33 16 297 03 628 61 272502-1-103-2008 272502-1-104-2007 New tax no. 272502-1-036-2000 272502-1-105-2006 Zone 1 9947.70 X .015000 2 9947.70 X .008333 3 9947.70 X .006666 4 9947.70 X .003333 5 178~283.31 X .001666 Total Zoned Units 50.06% 49.94% 49.93% 50.07% 100.'0'7D'0' Exhibit (2) Segregation L I D 3A-106 Original Assessment Property Tax No. 272502-1-070-2007 Short Plat No. 2 Original Assessment $20,266.44 Total zoned units 628.60 X cost per unit $32.2406 = $20,266.44 Total Original Principal 20,266.44 Less Matured Paid 3,039.96 Total Unmatured Principal Due $17,226.48 Lot A 209.1106 X $27.40449 = $ 5730.57 Lot D 208.6094 X 27.40449 = 5716.84 Lot B 105.2973 X 27.40449 = 2885.62 Lot C 105.5926 X 27.40449 = 2893.71 $17,226.74 = 149 22 = 82.89 = 66 31 = 33 16 = 297.07 628.60 Assessment amount to be segregated per short plat 1, Lots A, B, C, and D (as attached): Lots A and D front on Lovell Avenue with the first 120' being zones 1 through 4 and the remaining 150' zone 5 for a total of 417.72 zoned units (Lot A 50.06% and Lot D 49.94%). Lot B and C are entirely in zone 5 and have a total of 210.89 zoned units (Lot B 49.93% and Lot C 50.07%). Total unmatured principal due $17,226.74 divided by zoned units 628.61 = $27,40449 per zoned unit. PAGE 2 Carlson 3A-98 & 3A-106 Assessment amount to be segregated per short plat 2, Lots A, B, C, and D (as attached): Lots A and D front on Lovell Avenue with the first 120' being zones 1 through 4 and the remaining 150' zone 5 for a total of 417.42 zoned units (Lot A 49.93% and Lot D 50.07%). Lot B and C are entirely in zone 5 and have a total of 211.18 zoned units (Lot B 49.97% and Lot C 50°03%). Total unmatured princiral due $17,226.48 divided by zoned units 628.60 = $27.40452 per zoned unit. New tax no. 272502-1-070-2207 272502-1-108-2003 272502-1-106-2005 272502-1-107-2004 49.93% Lot A 208.41780 50.07% Lot D 209.00219 100.~'0' 49.97% Lot B 105.5266 50.03% Lot C 105.6534 10'D'j'0' X $27.40452 = $5711.59 X 27.40452 = 5727.60 X 27.40452 = 2891.91 X 27.40452 = 2895.38 $17,226.48 BOWEN DEVELOPMENT COMPANY 11685 N.t-2. SLinsc't L()op Bainl)rid,,4c Island, ~,Vashinglon 98110 (206) 842-6068 April 22, 1984 Mr. Alfonso R. Grajeda Land Use Administrator City of Winslow P.O. Box 10100 Winslow, WA 98110 RE: Shoreline Management Substantial Development permit sought by Bowen Development Company Dear A1: In the Hearing Examiner's Finds of Fact Section X it states that "no condominium covenant, covering such particularly sensitive matters as maintenance of landscaping and moorage restrictions was filed. Applicant intends to file the proposed covenants when applying for the building permit." This matter was also raised at the City Council meeting held on April t9, 1984. The Condominium Declaration and Covenants, Conditions, Restrictions, and Reservations for the proposed four unit project at 255 Shannon Drive S.E. will be essentially the same, with few modifications, as those recorded for a previous condominium project constructed by Bowen Development Company located at 560 Wood Avenue SW called Williamson Landing (copy attached). The Condominium Declarations for the Shannon Drive project cannot be finalized at this time because "as built" drawings and a survey are required and the information for some of the Exhibits will not be available until a future date. However, the City of Winslow can rest assured that the issues raised in the Nearing Examiner's Findings of Fact Section X will be adequately covered in the Condominium Declarations. Section 18.3 Goods and Services states that "the Board shall acquire and pay for as common expenses of the condominium all goods and services reasonably necessary or convenient for the efficient and orderly functioning of the condominium. By way of illustration and not limitation, the goods and services may include utility services for the common areas and facilities; policies of insurance and fidelity bonds; legal and accounting services; maintenance, repair; landscaping, gardening and general upkeep of the common andlimited common areas and facilities; and all supplies, materials, fixtures and equipment that are in the Board's judgment necessary or desirable for the operation of the condominium and enjoyment of it by the owners. The Board may hire such full-time or part-time employees as it considers necessary." Article XI MOORAGES of the attached Condominium Declaration will be rewritten as fo"6llows: Section 11.1 Use. Modifications or removal of the existin9 floating dock will req'ui're the unanimous approval of all the condominium owners. Moorage at the dock will be limited to four permanent slips for water- craft owned by the condominium owners, and for casual, occasional moorage of vessels owned by friends of the condominium owners. Section 11.2 Tideland Lease. The Homeowners Association is the holder of State of Washington Department of Natural Resources (D.N.R.) Tideland Lease No. g170 covering the harbor area on which the floating dock is situated for a term of nine (q) years, with the preferential right to renew the lease when it expires in May, 1993. A careful review of the other provisions of the attached Condominium Declaration should assure the City Council that the proposed condominium project at 255 Shannon Drive S.E. will be maintained in the same manner as Williamson Landing and that it will be a valuable asset to the community. Unless I hear otherwise, I will assume that this correspondence plus the attachment fully addresses the concerns brought up by the Hearing Examiner and the City Council. A final copy of the Condominium Declaration will be submitted to your office for your approval prior to completion of the project. It would be most appreciated if you would distribute copies of this correspondence and the attachment to the members of the City Council and other interested parties. Sincerely, Richard G. Bowen President cc: Alice B. Tawresey RGB:kw COVENANTS, ~j,-,~,,-- ~'F'//a FILED FOR RECORD 1982 JUt 22 ~ I1:57 Si-iE~,~:(IL I~,UFF I(ITSAP COUNI'¥ AUDITOR DEPUTY DECLARATION AND CONDITIONS, RESTRICTIONS AND RESERVATIONS FOR WILLIAMSON LANDING A Condominium J 820722008 TABLE OF CONTENTS ARTICLE I: DEFINITIONS Section 1.1 Section 1.2 Section 1.3 Words Defined . Form of Words . . . Statutory Definitions ARTICLE II: SUBMISSION OF THE PROPERTY TO THE CONDOMINIUM STATUTE . ARTICLE III: DESCRIPTION OF LAND ARTICLE IV: DESCRIPTION OF BUILDING ARTICLE V: APARTMENT NUMBERS, LOCATION AND DESCRIPTION Section 5.1 Section 5.2 Section 5.3 Building Location Apartment Location . Apartment Description . ARTICLE VI: COMMON AREAS AND FACILITIES Section 6.1 Description Section 6.2 Use ARTICLE VII: LIMITED COMMON AREAS AND FACILITIES Section 7.1 Description Section 7.2 Appurtenant to Apartments . (i) 8207220089 ARTICLE VIII: ACCESS ..... 8 Section 8.1 Access to Common Areas 8 Section 8.2 Access to Public Streets . 8 ARTICLE IX: VALUE OF PROPERTY AND EACH APARTMENT AND PERCENTAGE OF UNDIVIDED INTEREST IN COMMON AREAS AND FACILITIES . . ARTICLE X: PARKING . . 9 Section 10.1 Assignment to Apartments . 9 Section 10.2 Use of Parking Spaces 9 ARTICLE XI: MOORAGES 10 Section 11.1 Use .... 10 Section 11.2 Easements . . 10 Section 11.3 Tideland Lease . 11 ARTICLE XII: USE AND MAINTENANCE OF APARTMENTS . . . 11 Section 12.1 Section 12.2 Section 12.3 Section 12.4 Section 12.5 Section 12.6 Section 12.7 Section 12.8 Section 12.9 Residential Use . . . 11 Leases .... 11 Maintenance of Apartments and Limited Common Areas 12 Exterior Appearance . . 13 Effect of Insurance . 13 Alteration of Common Area . 13 Signs . 14 Pets ..... 14 Offensive Activity . . 14 ARTICLE XIII: ENTRY FOR REPAIRS 14 ARTICLE XIV: SERVICE OF PROCESS ..... · . 15 8207220089 (ii) 763 ARTICLE XV: ASSOCIATION OF APARTMENT OWNERS . Section 15.1 Section 15.2 Section 15.3 Section 15.4 Section 15.5 Section 15.6 Section 15.7 Section 15.8 Section 15.9 Section 15.10 Section 15.11 Section 15.12 Form of Association . Qualification for Membership Transfer of Membership Number of Votes . . Voting Representative . Joint Owner Disputes Pledged Votes . . Annual and Special Meetings Audits . Books and Records Bylaws . Inspection of Condominium Documents, Books and Records 16 16 16 17 17 17 18 18 19 19 19 · 20 20 ARTICLE XVI: NOTICES Section 16.1 Section 16.2 Section 16.3 21 Form and Delivery of Notice 21 Notice to Mortgagees . 21 Notice of Conveyance 22 ARTICLE XVII: ADMINISTRATION OF PROPERETY AND RIGHTS RETAINED BY DECLARANT . Section 17.1 Section 17.2 Section 17.3 Section 17.4 Section 17.5 · 23 Transition Date .... 23 Declarant's Powers Until Transition Date . . 23 Transfer of Administration 24 Obtaining Declarant's Powers . 24 Extension of Declarant's Powers . 25 (iii) 82072200S ARTICLE XVIII: AUTHORITY OF THE BOARD . . Section 18.1 Section 18.2 Section 18.3 Section 18.4 Section 18.5 25 Adoption of Rules and Regulations . . 25 Enforcement of Declaration, Etc. . . 26 Goods and Services . . 26 Managing Agent . · 27 Protection of Proprety . 27 ARTICLE XIX: BUDGET AND ASSESSMENT FOR EXPENSES . . Section 19.1 Section 19.2 Section 19.3 Section 19.4 Section 19.5 Section 19.6 Section 19.7 Section 19.8 Section 19.9 Section 19.10 Preparation of Budget . Monthly Assessments for Common Expenses Special Assessments . . . Notice of Assessment o Payment of Monthly Assessments . Proceeds Belong to Association Limitation on Assessments . . Failure to Assess . . Certificate of Unpaid Assessments . Separate Accounts . · 28 28 29 29 29 30 30 30 31 31 31 ARTICLE XX: LIEN AND COLLECTION OF ASESSMENTS Section 20.1 Section 20.2 Section 20.3 Section 20.4 Section 20.5 Section 20.6 Section 20.7 32 Assessments Are a Lien; Priority . 32 Lien May be Foreclosed 33 Assessments Are Personal Obligations 33 Late Charges and Interest on Delinquent Assessments . 34 Recovery of Attorneys' Fees and Costs . 34 Remedies Cumulative . 34 Security Deposit . . . 35 (iv) 8207 Z0080 ARTICLE XXI: COMPLIANCE WITH DECLARATION Section 21.1 Section 21.2 Enforcement . No Waiver of Strict Performance 35 35 35 ARTICLE XXII: LIMITATION OF LIABILITY . . . Section 22.1 Section 22.2 Liability for Utility Failure, Etc. No Personal Liability 36 36 37 ARTICLE XXIII: INDEMNIFICATION 37 ARTICLE XXIV: INSURANCE Section 24.1 Section 24.2 Section 24.3 Section 24.4 Section 24.5 Section 24.6 Section 24.7 General Requirements Casualty Insurance Comprehensive Public Liability Insurance Additional policy Provisions . . Fidelity Bonds Owners' Individual Insurance . Insurance Proceeds 38 38 39 41 · 41 43 44 44 ARTICLE XXV: DAMAGE AND REPAIR OF DAMAGE TO PROPERTY . Section 25.1 Section 25.2 Section 25.3 Section 25.4 Section 25.5 Section 25.6 Section 25.7 Initial Board Determination Notice of Damage Definitions: Damage, Repair, Emergency Work Execution of Repairs . Damage Not Substantial Substantial Damage . . Effect of Decision Not to Repair .... 45 45 46 46 47 48 49 50 (v) 820722008. 766 ARTICLE XXVI: CONDEMNATION Section 26.1 Section 26.2 Section 26.3 Section 26.4 Section 26.5 Consequences of Condemnation; Notices Proceeds . . Complete Taking . Partial Taking Reconstruction and Repair 52 52 52 52 53 54 ARTICLE XXVII: EASEMENTS . . . Section 27.1 Section 27.2 Section 27.3 In General Encroachments Easement Specifically Reserved by Declarant 55 55 55 56 ARTICLE XXVIII: AMENDMENTS OF DECLARATION, SURVEY MAP AND PLANS Section 28.1 Section 28.2 Section 28.3 Amendments by the Association . . Subdividing and Combining Common Areas. . Requirement of Mortgagee Approval 56 · . 56 · 57 58 ARTICLE XXIX: ABANDONMENT OR TERMINATION OF CONDOMINIUM STATUS ...... 58 ARTICLE XXX: SEVERABILITY . 59 ARTICLE XXXI: EFFECTIVE DATE ARTICLE XXXII: REFERENCE TO SURVEY MAP AND PLANS . 59 ARTICLE XXXIII: ASSIGNMENT BY DECLARANT · . 60 (vi) 82072Z608 ARTICLE I DEFINITIONS Section 1.1 Words Defined. For the purposes of this Decla- ration and any amendments hereto, the following definitions shall apply. A. Apartment shall mean a residential unit composed of a suite of rooms and other enclosed spaces in the building. The boundaries of an apartment are the unfinished interior surfaces of its perimeter walls, floors, ceilings, windows and doors, and the apartment includes both the portions of the building so described and the air space so encompassed. B. Articles shall mean Articles of Incorpora- tion of the Association defined below which may be adopted by the Board or Declarant. C. Association shall mean the Association of Apartments Owners described in Article XV of this Declaration. D. Board shall mean the Board of Directors of the Association. Association. E. Bylaws shall mean the Bylaws of the 820722008n - 1 - F. Common Area and Common Areas and Facilities shall mean the common areas and facilities described in Article 6 and in Article 7. G. Condominium shall mean the horizontal property regime created by this Declaration. H. Condominium Statute shall mean the Horizon- tal Property Regimes Act of the State of Washington, Laws of 1963, Chapter 156, presently codified in Chapter 64.32, Revised Code of Washington, and amendments thereto. I. Declarant shall mean EAGLE HARBOR LIMITED PARTNERSHIP, a Washington Limited Partnership, its representa- tives, successors and assigns. J. Declaration shall mean this Declaration and Covenants, Conditions, Restrictions and Reservations for WILLIAMSON LANDING as it may hereafter be amended. apartment. K. Owner shall mean the legal owner of an L. Person shall mean an individual, corpo- ration, partnership, association, trustee or other legal entity. 769 8g072 008 ~ 2 - M. Property shall mean the land and the buildings and all improvements and structures now or hereafter placed on the land described in Schedule A. N. Survey Map and Plans shall mean the survey map and the plans recorded simultaneously with this Declaration and any amendments, corrections and addenda thereto subsequently recorded. Section 1.2 Form of Words. The singular form of words shall include the plural and the plural shall include the singular. Masculine, feminine and neuter pronouns shall be used interchangeably. Section 1.3 Statutory Definitions. Some of the terms defined above are also defined in the Condominium Statute. The definitions in this Declaration are not intended to limit or contradict the definitions in the Condominium Statute. If there is any inconsistency or conflict, the definition in the Condominium Statute will prevail. ARTICLE II SUMBISSION OF THE PROPERTY TO THE CONDOMINIUM STATUTE Declarant, being the sole owner of the property, makes this Declaration for the purpose of submitting the property to the condominium form of use and ownership and to the provisions of the Horizontal property Regime Act, RCW 64.32. Declarant declares that the property shall be held, used, con- veyed, encumbered, leased, occupied, rented and improved subject to the covenants, conditions, restrictions, reservations and easements stated in this Declaration, all of which are in furtherance of the division of the property into condominium apartments and common areas and facilities and shall be deemed to run with the land and be a burden and benefit to Declarant and all persons who own or acquire an interest in the property or any part thereof, and their guarantees, successors, heirs, executors, administrators and assigns. ARTICLE III DESCRIPTION OF LAND The land on which the buildings and improve- ments provided for in this Declaration are located is described in Schedule A attached hereto. ARTICLE IV DESCRIPTION OF BUILDING building with three The building shall exterior walls finished with cedar shingles. The parking garage shall be constructed of concrete. The condominium consists of a single apartment floors and an underground parking garage. be constructed of wood and glass with the underground The building contains two apartments on each floor for a total of six apart- ments. All apartments enjoy the common areas and limited common areas described in Article VI and Article VII, respectively. ARTICLE V APARTMENT NUMBERS, LOCATION AND DESCRIPTION Section 5.1 Building Location. The condominium building is located at 560 Wood Avenue S.W., Winslow, Washington 98110. Section 5.2 Apartment Location. Each apartment is identi- fied by a number. The first digit represents the floor and individual numbers, such as 01 or 02, represent each apartment. The parking space which is appurtenant to a particular apartment is identified by a number corresponding to that identifying the appurtenant apartment. Section 5.3 Apartment Description. In Schedule B attached hereto, each apartment is described by apartment number, floor location, kind and number of rooms in the apartment, deck and total square footage of floor area of apartment. ARTICLE VI COMMON AREAS AND FACILITIES Section 6.1 Description. The common areas and facilities consist of those specified in the Condominium Statute, as well as the following: 8 207 2 20 O 8 O - 5 - ~[~L25~FR 772 A. The land described in Schedule A. B. The roofs, foundations, studding, joists, beams, supports, main walls (excluding only nonbearing interior partitions of apartments) and all other structural parts of the building, to the unfinished interior surfaces of the apartments' perimeter walls, floors, ceilings, windows and doors; that is, to the boundaries of the apartments as boundaries are defined in the Condominium Statute, and any replacements thereto, provided, that the term "interior surfaces" shall not include paint, wallpaper, carpeting, tiles or other such decorative surface coverings or finishes. C. The pipes, wires, conduits, TV antennae and other fixtures and equipment for utilities. D. The grounds, trees, gardens, landscaped areas, exterior fixtures, walkways and driveways. E. The parking spaces not made limited common areas appurtenant to apartments pursuant to Article X. F. A storage area to be used for storage of property belonging to the Association is a common area. 820'7226080 - 6 - Et256F 773 Section 6.2 Use. Each apartment owner shall have the right to use the common areas and facilities (except the limited common areas and facilities reserved for other apartments) in common with all other apartment owners. The right to use the common areas and facilities shall extend not only to each apartment owner, but also to his agents, servants, tenants, family members, invitees and licensees. The right to use the common areas and facilities, including the limited common areas and facilities, shall be governed by the provisions of the Condominium Statute, this Declaration, the Bylaws and the Rules and Regulations of the Association. The granting of easements for public utilities or for other public purposes consistent with the intended use of the common areas and facilities by the apartment owners and occupants shall not be deemed a partition or division. ARTICLE VII LIMITED COMMON AREAS AND FACILITIES Section 7.1 Description. Some common areas and facilities, called limited common areas and facilities, are reserved for the exclusive use of the apartment or apartments to which they are adjacent or assigned. They consist of the following: A. The area and deck which is adjacent to each apartment as more particularly shown on the Survey Map and Plans. 8207gg0089 _ _ RE L258FR 774 B. Parking spaces assigned to each apartment as more particularly shown on the Survey Map and plans. buildings. C. The attics and crawl spaces in the Section 7.2 Appurtenant to Apartments. Conveyance of an apartment includes the exclusive rights to the use of the limited common areas and facilities appurtenant to that apartment. ARTICLE VIII ACCESS Section 8.1 direct access driveways. Access to Common Areas. to common areas, walks, Each apartment has parking areas and Section 8.2 Access to Public Streets. Such common areas have a direct access to a public street. The right to an egress from each apartment shall be perpetual and appurtenant to each apartment. 8207220089 ARTICLE IX VALUE OF PROPERTY AND EACH APARTMENT AND PERCENTAGE OF UNDIVIDED INTEREST IN COMMON AREAS AND FACILITIES For the purpose of meeting certain requirements of the Condominium Statute, the value of the property is estab- lished to be $1,595,000.00. The value of each apartment and percentage of undivided interest in the common areas and facilities appertaining to each apartment and its owner for all purposes, including voting, are set forth in Schedule C attached hereto. The values do not necessarily reflect the amount for which an apartment will be sold by Declarant, or others, and will not be altered by variations in selling prices. ARTICLE X PARKING Section 10.1 Assignment to Apartments. Assignment of two parking spaces in the underground garage to each apartment shall be made by Declarant. Declarant shall record as an amendment to this Declaration a schedule showing final assignment of parking and such amendment shall require only the signature of Declarant. The owner of each apartment has the unqualified right to use the underground garage. Section 10.2 Use of Parking Spaces. Open parking spaces may be used for the parking of operable passenger motor vehicles, and 82 0 7 2 2 0 0 8 O 776 - 9 - use of such open parking spaces for parking trucks, trailers or recreational vehicles, or for other purposes, shall be pro- hibited. The Board may prohibit or restrict the parking of automobiles owned by apartment owners or their tenants in the parking spaces held for common parking. The Board may direct that any vehicle or other thing improperly parked or kept in a parking space be removed, and if it is not removed within seven (7) days, the board may cause it to be removed at the risk and cost of the owner thereof. ARTICLE XI MOORAGES Section 11.1 Use. The Williamson Landing Marina is a separate and distinct entity from the Williamson Landing Condominium. As such, the Marina facilities are not common areas or limited common areas of the condominium. Use of the Marina is subject to the Articles, Bylaws, Rules and Regulations of the Williamson Landing Marina Association, Inc., whose membership is limited to the owners of the lease contracts for the moorage slips. Section 11.2 Easements. The Williamson Landing Marina Association, Inc. has been granted a perpetual easement, running with the land, giving the Association right of access to the underground utilities and the non-exclusive use of the parking stalls adjacent to the condominium and the stairway to the Marina facilities. 8207220089 - lo - RE[t25 FR 777 Section 11.3 Tideland Lease. The Williamson Landing Marina Association, Inc. is the holder of State of Washington Department of Natural Resources (D.N.R.) Tideland Lease No. 10957 covering the harbor area on which the marina is situated for a term of thirty (30) years, with the preferential right to renew the lease when it expires in August, 2008. In the event the Tideland Lease is renewed, the Williamson Landing Condominium Owners Association and each apartment owner shall assist in the renewal of the Tideland Lease. ARTICLE XII USE AND MAINTENANCE OF APARTMENTS Section 12.1 Residential Use. The building and apartments are intended for and restricted to use as single family resi- dences only, on an ownership, rental or lease basis, and for social, recreational or other reasonable activities normally incident to such use, and for the purposes of operating the Association and managing the condominium if required. In addi- tion to the foregoing, Declarant may use apartments it owns as sales offices and models for sales of apartments. Section 12.2 Leases. No apartment owner or other person shall be permitted to lease or otherwise rent an apartment for a term of less than thirty (30) days. No lease or rental of an apartment may be of less than the entire apartment. Any lease 8207226089 - 11 - or rental agreement must provide that its terms shall be subject in all respects to the provisions of this Declaration and the Bylaws, Rules and Regulations of the Association and that any failure by the tenant to comply with the terms of such documents shall be a default under the lease or rental agreement. All leases and rental agreements shall be delivered to the Associa- tion before the tenancy commences. Other than as stated in this Section 12.2, there is no restriction on the right of any apart- ment owner to lease or otherwise rent his apartment. Section 12.3 Maintenance of Apartments and Limited Common Areas. Each apartment owner shall, at the owner's sole expense, keep the interior of the apartment and its equipment, appliances and appurtenances in a clean and sanitary condition, free of rodents and pests, and in good order, condition and repair. Each apartment owner shall do all redecorating and painting at any time necessary to maintain the good appearance and condition of the apartment. Each owner shall be responsible for the maintenance, repair or replacement of any plumbing fixtures, water heaters, fans, heating equipment, electrical fixtures or appliances which are in the apartment or portions thereof that serve that apartment only, and shall replace any glass in the windows and in the exterior doors of the apartment that becomes cracked or broken. Each apartment owner will be responsible for care, maintenance, cleanliness and orderliness of the limited common areas that are appurtenant to the apartment, except that sweeping and maintenance of the parking areas shall be the 87 0'72,20089 - 12 - RE[25GF responsibility of the Association. Owners may not, however, modify, paint or otherwise decorate, or in any way alter their respective limited common areas without prior written approval of the Board. Section 12.4 Exterior Appearance. In order to preserve a uniform exterior appearance of~ the building, the Board shall provide for the staining of the building and prescribe the type and color of stain. No owner may modify or decorate the exterior of the building, or screens, doors, awning or other portions of any apartment visible from outside the apartment without the prior consent of the Board or in accordance with rules or regula- tions of the Board. No exterior radio or television antennae may be installed without the prior written consent of the Board. Section 12.5 Effect on Insurance. Nothing shall be done or kept in any apartment or in any common area which will increase the rate of insurance on the property without the prior written consent of the Board. Nothing shall be done or kept in any apartment or in any common area which shall result in the cancellation of insurance on any part of the property, or which would be in violation of any laws. Section 12.6 Alteration of Common Area. Nothing shall be altered or constructed in or removed from any common area or facility except upon the prior written consent of the Board. 8207220089 - 13 - RE[[25GFR 780 Section 12.7 Signs. No sign of any kind shall be displayed to the public view on or from any apartment or common area or limited common area. This section shall not apply to Declarant. Section 12.8 pets. No pets, animals, livestock or poultry shall be raised or bred in any apartment or in the common or limited common areas. Dogs, cats or other conventional household pets may be kept on the premises subject to rules and regulations adopted by the Board, or Bylaws adopted by the Association. The Board may at any time require the removal of any pet which it finds is disturbing other owners unreasonably, and may exercise this authority for specific animals even though other pets are permitted to remain. Section 12.9 Offensive Activity. No noxious or offensive activity shall be carried on in any apartment or common area, nor shall anything be done therein which may be or become an annoyance or nuisance to other owners. ARTICLE XIII ENTRY FOR REPAIRS The Association and its agents or employees may enter any apartment and limited common areas appurtenant thereto to effect repairs, improvements, replacements or maintenance deemed by the Board to be necessary in the performance of its duties, to do necessary work that the apartment owner has failed -14- [ t256F 781 8207228089 to perform, or to prevent damage to the common areas and facili- ties or to another apartment. Except in cases of great emergency that preclude advance notice, the Board shall cause the apartment occupant to be given notice and an explanation of the need for entry as far in advance of entry as is reasonably practicable. Such entry shall be made with as little inconvenience to the owners and occupants as practicable. Any damage caused by such entry shall be repaired by the Association as a common expense unless the repairs or maintenance were necessitated by the acts or default of the owner or occupant of the apartment entered, in which event the costs of the repairs or maintenance shall be specially assessed to that Apartment. ARTICLE XIV SERVICE OF PROCESS Richard G. Bowen, 11685 N.E. Sunset Loop, Bainbridge Island, Washington 98110 is the person upon whom process may be served as provided for in the Condominium Statute. After organizationof the Association, service of process for the purposes provided in the Condominium Statute shall be made upon the registered agent of the Association. The Board may at any time designate a different person for such purpose by filing an amendment to this Declaration limited to the sole purpose of making such change, and such amendment need be signed and acknowledged only by the president of the Association. - 15 - 8207220089 ARTICLE XV ASSOCIATION OF APARTMENT OWNERS Section 15.1 Form of Association. The owners of apartments shall constitute an Association of Apartment Owners as defined in the Condominium Statute. Initially the Association may be an unincorporated association. The Board, or Declarant until such time as the Board is selected, may at any time if deemed advisable in the exercise of its sole discretion, without necessity of plat or approval or other action by the members being necessary, cause such unincorporated association to be converted to a non-profit corporation under the laws of the State of Washington; provided, that the rights and duties of the members of the Association shall always be governed by the provi- sions of the Condominium Statute. Section 15.2 Qualification for Membership. Each fee owner of an apartment (including Declarant) shall be a member of the Association and shall be entitled to one membership for each apartment owned; provided, that if an apartment has been sold on contract, the contract purchaser shall exercise the rights of the apartment owner for purposes of the Association, this Declara- tion, and the Bylaws, except as hereinafter limited, and shall be the voting representative unless otherwise specified. Ownership of an apartment shall be the sole qualification for membership in the Association and Declarant shall be considered an "owner" as that term is used herein, and shall be the voting representative with respect to any apartment owned by Declarant. Section 15.3 Transfer of Membership. The Association mem- bership of each apartment owner (including Declarant) shall be appurtenant to the apartment giving rise to such membership, and shall not be transferred in any way except upon the transfer of title to the apartment and then only to the transferee of title to the apartment. Any attempt to make a prohibited transfer shall be void. Any transfer of title to an apartment shall operate automatically to transfer the membership in the Associa- tion to the new owner. Section 15.4 Number of Votes. The total voting power of all owners shall be One Hundred (100) votes and the total number of votes available to the owner of any one apartment shall be equal to the percentage of undivided interest in the common areas and facilities appertaining to the apartment. A person (including Declarant) who owns more than one apartment shall have the votes appertaining to each apartment owned. Section 15.5 Voting Representative. An apartment owner may, by written notice to the Board, designate a voting representative for the apartment. The voting representative need not be an owner. The designation may be revoked at any time by written notice to the Board from a person having an ownership interest in the apartment, or by actual notice to the Board of the death or [t SGFR 8207220089 -17- judicially declared incompetence of any person with an ownership interest in the apartment, except in cases in which the person designated is a mortgagee of the apartment. This power of desig- nation and revocation may be exercised by the guardian of an apartment owner, the attorney-in-fact for the owner under a durable power of attorney, and the administrators or executors of an owner's estate. If no designation has been made, or if a designation has been revoked and no new designation has been made, the voting representative of each apartment shall be the group composed of all of its owners. If an apartment is owned by husband and wife and only one of them is at a meeting, the one who is present will represent the marital community. Section 15.6 Joint Owner Disputes. The vote for an apart- ment must be cast as a single vote. Fractional votes shall not be allowed. If joint owners are unable to agree how their vote shall be cast, they shall lose their right to vote on the matter in question. Section 15.7 Pledged Votes. If an owner is in default under a first mortgage on the apartment for ninety (90) consecutive days or more, the mortgagee shall automatically be authorized to declare at any time thereafter that the apartment owner has pledged his or her vote on all issues to the mortgagee during the continuance of the default. If the Board has been notified of any such pledge to a mortgagee, only the vote of the mortgagee will be recognized on the issues that are subject to the pledge. 8207220089 - is - E[[25 F 755 Section 15.8 Annual and Special Meetings. There shall be an annual meeting of the members of the Association in the first quarter following the end of each fiscal year at such reasonable place and time as may be designated by written notice from the Board delivered to the owners no less than thirty (30) days before the meeting. Special meetings of the members of the Association may be called at any time, in the manner provided in the Bylaws, for the purpose of considering matters which require the approval of all or some of the owners, or for any other reasonable purpose. Any first mortgagee of an apartment may attend or designate a representative to attend the meetings of the Association. Section 15.9 Audits. The Board, or persons having sixty percent (60%) of the voting power of the Association, may require that an audit of the Association and management books be presented at any special meeting. An apartment owner, at his or her expense, may at any reasonable time conduct an audit of the books of the Board and Association. Section 15.10 Books and Records. The Board shall cause to be kept complete, detailed and accurate books and records of the receipts and expenditures of the Association in a form complies with generally accepted accounting principles. books and records shall be audited once outside of the Association. that Such a year by an auditor - 19 - 8207220089 Section 15.11 Bylaws. Before the Transition Date Declarant shall adopt Bylaws to supplement this Declaration, to provide for the administration of the Association and the property. The Bylaws shall not be inconsistent with the Condominium Statute or this Declaration. Declarant may amend the Bylaws from time to time until the Transition Date. After the Transition Date the Bylaws may be amended by the affirmative vote of sixty percent (60%) of the voting power at any duly called regular or special meeting of the Association. Section 15.12 Inspection of Condominium Documents, Books and Records. During normal business hours and at other reasonable times this Declaration, the Articles, the Bylaws and other rules governing the operation of the condominium shall be available for inspection by the apartment owners, apartment mortgagees, pros- pective purchasers and their prospective mortgagees, and the agents or attorneys of any of them and, in addition, at such times the books and records, authorizations for payment of expenditures, and all contracts, documents, papers, and other records of the Association shall be available for inspection by the apartment owners, apartment mortgagees and the agents or attorneys of either of them. 82072,20089 - 20 - ; EEt'25 F ARTICLE XVI NOTICES Section 16.1 Form and Delivery of Notice. All notices given under the provisions of this Declaration, the Bylaws or Rules and Regulations of the Association shall be in writing and may be delivered either personally or by mail. If delivery is made by mail, the notice shall be deemed to have been delivered on the third day of regular mail delivery after it has been deposited in the United States mail, first class, postage prepaid, addressed to the person entitled to such notice at the most recent address known to the Board. Notice to the owner of any apartment shall be sufficient if mailed to the apartment if no other mailing address has been given to the Board. Mailing addresses may be changed by notice in writing to the Board. Notice to the Board shall be given to Declarant until the Transition Date and thereafter shall be given to the President or Secretary of the Association. Section 16.2 Notice to Mortgagees. Any mortgagee of an apartment may file with the Secretary of the Board a written re- quest that it be given copies of notices. Until such time there- after as the mortgagee withdraws the request or satisfies the mortgage of record, the Board shall send to the requesting mort- gagee a copy of (1) all notices of meetings of the Association; (2) all other notices sent to the owner of the apartment covered by the mortgagee's mortgage; (3) audited financial statements prepared pursuant to Section 15.9; 8207220080 - - (4) notices of any intention [ I25GF 758 of the Association to transfer any part of the common areas, facilities or to abandon condominium status; and (5) prompt notice of any default in an apartment owner's obligations under any of the documents that create or govern the condominium, or its rules and regulations, that is not cured within thirty (30) days of the date of default. Institutional holders of first mortgages on the apartments shall be entitled to notices under Article XXV (Damage and Repair of Damage to Property) and Article XXVI (Condemnation) irrespective of whether they have filed requests for notices. The provisions of this Section 16.2 shall prevail over any inconsistent or contrary provisions in this Declaration or Bylaws. Section 16.3 Notice of Conveyance. The right of an apart- ment owner to sell, transfer or otherwise convey the apartment shall not be subject to any right of approval, disapproval, first refusal or similar restriction by the Association or the Board or anyone acting on their behalf. An owner intending to sell an apartment shall deliver a written notice to the Board, at least two (2) weeks before closing, specifying the apartment being sold; the name and address of the purchaser, of the closing agent, and of the title insurance company insuring the purchaser's interest; and the estimated closing date. The Board shall have the right to notify the purchaser, the title insurance company, and the closing agent of the amount of unpaid assess- ments and charges outstanding against the apartment, whether or not such information is requested. - 22 - ARTICLE XVII ADMINISTRATION OF PROPERTY AND RIGHTS RETAINED BY DECLARANT Section 17.1 Transition Date. The "Transition Date" shall be the date control of the condominium passes from Declarant to the Association of Apartment Owners. The Transition Date will be either (1) the date designated by Declarant in a written notice to the owners, which date may at Declarant's election be any date after this Declaration has been recorded; or (2) one year from the date that Declarant has transferred title to purchasers of apartments representing sixty percent (60%) of the total voting power of all apartment owners; or (3) the third anniversary of the recording of this Declaration, whichever of the foregoing occurs first. Section 17.2 Declarant's Powers Until Transition Date. Until the Transition Date, Declarant shall have the full power and authority to exercise all of the rights, duties and functions of the Board of Directors and the Officers of the Association, including but not limited to the adoption of rules and regula- tions, contracting for the purchase of goods and services, buying insurance and collecting and expending all assessments and other Association funds. Declarant shall have the power to contract with an experienced professional managing agent and delegate to the managing agent all of the powers and duties of the Board that the Board is authorized to delegate under Section 18.4. All such 820?220089 - 23 - management contracts made by Declarant shall be subject to the same requirements as are set forth in Section 18.4 for management contracts made by the Board. Declarant may at such times as it deems appropriate select and from time to time replace an Interim Board of three (3) directors, who need not be apartment owners or purchasers, who shall have all the powers, duties and functions of the Board of Directors. Any contract made by Declarant, its managing agent or the Interim Board (including management con- tracts) that would otherwise extend beyond the Transition Date shall be terminable by the Board after the Transition Date upon thirty (30) days' notice. Section 17.3 Transfer of Administration. On the Transition Date the authority and responsibility to administer and manage the Association and the condominium, subject to this Declaration and the Bylaws, shall pass to the Association. The Association shall be governed by a Board of three (3) directors elected from among the apartment owners. Declarant, its managing agent or the Interim Board of Directors will call a meeting of the Association to be held before the Transition Date for the purpose of electing the first Board. Section 17.4 Obtaining Declarant's Powers. In the event the mortgagee of the condominium becomes bound by this Declaration by granting one or more partial releases or otherwise, and fore- closes its mortgage or acquires a deed in lieu of the fore- closure, and obtains possessory rights, legal title or 8207220089 - 24- certificates of sale to the unsold apartment or apartments and appurtenant common areas covered by the respective deed of trust or mortgage liens, then the mortgagee of the condominium may succeed and assume to the exclusion of the Declarant, the powers of the Declarant set forth in this Declaration. Section 17.5 Extention of Declarant's Powers. In the event that the Declarant's obligation to the mortgagee of the condo- minium has not been paid in full at the time that Declarant's management power has expired under Section 17.1, then the powers conferred upon the Declarant by Section 17.2 and to which the mortgagee of the condominium may succeed, shall be extended for an additional two (2) years. The mortgagee of a condominium shall be entitled to appoint a receiver during the pendency of any foreclosure and the receiver shall immediately, upon appoint- ment, succeed to and assume the rights and powers of the Declarant as set forth in this Declaration, and the receiver shall be entitled to sell unsold condominium units during the pendency of such foreclosure, and the sale shall be subject to confirmation by court order. ARTICLE XVIII AUTHORITY OF THE BOARD Section 18.1 Adoption of Rules and Regulations. The Board is empowered to adopt, amend and revoke on behalf of the Association detailed administrative rules and regulations 8207220080 - 25 - k[t2,SCFl ?9:2 necessary or convenient to ensure compliance with the general guidelines of this Declaration and to promote the comfortable use and enjoyment of the property. The Condominium Declaration and the Bylaws and the Rules and Regulations of the Association shall be binding upon all apartment owners and occupants and all other persons claiming any interest in the condominium. Section 18.2 Enforcement of Declaration, Etc. The Board (or Declarant, Declarant's managing agent, or the Interim Board of Directors until the Transition Date) shall have the power and the duty to enforce the provisions of this Declaration, the Bylaws, and the Rules and Regulations of the Association, as the same may be lawfully amended from time to time, for the benefit of the Association. Section 18.3 Goods and Services. The Board shall acquire and pay for as common expenses of the condominium all goods and services reasonably necessary or convenient for the efficient and orderly functioning of the condominium. By way of illustration and not limitation, the goods and services may include utility services for the common areas and facilities; policies of insur- ance and fidelity bonds; legal and accounting services; maintenance, repair, landscaping, gardening and general upkeep of the common and limited common areas and facilities; and all supplies, materials, fixtures and equipment that are in the Board's judgment necessary or desirable for the operation of the condominium and enjoyment of it by the owners. The Board may - 26 - 8 072 ,?,0080 RE 'i25GFR 7'53 hire such full-time or part-time employees as it considers necessary. Section 18.4 Managing Agent. be required to, contract with Managing Agent to assist the The Board may, but shall not an experienced professional Board in the management and operation of the condominium and may delegate such of its powers and duties to the Managing Agent as it deems to be appropriate, except as limited herein. The Managing Agent shall not enter any apartment (directly or through agents) without the consent of the occupant unless entry has been directed by the Board. Only the Board can approve an annual budget or a supplemental budget, and only the Board can impose a special assessment on an apartment or authorize foreclosure of an assessment lien. Any contract with a Managing Agent shall have a term no longer than one year (but may be renewable by agreement of the parties for successive one-year periods) and shall be terminable by the Board without payment of a termination fee, with or without cause, on thirty (30) days' written notice. Section 18.5 Protection of Property. The Board may spend such funds and take such action as it may from time to time deem necessary to preserve the property, settlement claims or other- wise act in what it considers to be the best interests of the condominium or the Association. 82,07820080 - 27 - REEI25GFR 754 ARTICLE XIX BUDGET AND ASSESSMENT FOR EXPENSES Section 19.1 Preparation of Budget. Within thirty (30) days after the end of each calendar year, the Board shall (1) estimate the charges, including common expenses and any special charges for particular apartments, to be paid during such year; (2) shall make provision for creating, funding and maintaining reasonable repair and replacement of common areas and facilities; and (3) take into account any expected income and any surplus available from the prior year's operating fund. Without limiting the generality of the foregoing but in furtherance thereof, the Board may create and maintain from regular monthly assessments a reserve fund for replacement of those common areas which can reasonably be expected to require replacement prior to the end of the useful life of the building. The Board shall calculate the contributions to the reserve fund so that there are sufficient funds therein to replace each common area covered by the fund at the end of the estimated useful life of each such common area. The Declarant or initial Board may at any suitable time establish the first such estimate. If the sum estimated and budgeted at any time proves inadequate for any reason, the Board may at any time levy a further assessment, which shall be assessed to the owners in like proportions. Notwithstanding the provisions of this Section 19.1, until Declarant's management authority under Section 17.1 terminates, Declarant may elect to collect neither the full budgeted assessment for each month nor any assessments - - R .[t25G 735 8207220089 for reserve funds (other than reserves for insurance premiums), but instead may collect and expend only the actual costs of operation of the common areas. Section 19.2 Monthly Assessments for Common Expenses. The sums required by the Association for common expenses as reflected by the annual budget and any supplemental budgets shall be divided into equal installments to be paid each month over the period of time covered by the budget or supplemental budget. The monthly installments shall be assessed to the apartments, including apartments owned by Declarant, and their respective owners in proportion to the apartment's percentage of undivided interest in the common areas and facilities. Assessments begin accruing with respect to each apartment upon the closing of the first sale of that apartment by Declarant, or upon the occupation of that apartment by a tenant of Declarant. Section 19.3 Special Assessments. If a special assessment becomes chargeable against an apartment under the authority of this Declaration or the Bylaws, the Board shall determine the amount of such special assessment and fix the month or months in which it is to be paid. The special assessment shall be added to the apartment's monthly installment of common expenses and be included in the assessment against the apartment. Section 19.4 Notice of Assessment. The Board shall notify each apartment owner in writing of the amount of the monthly - 29 - assessments to be paid for his apartment and shall furnish copies of each budget on which the assessments are based to all apart- ment owners and, if so requested, to their respective mortgagees. Section 19.5 Payment of Monthly Assessments. On or before the first day of each calendar month each apartment owner shall pay or cause to be paid to the Treasurer of the Association the assessment against the apartment for that month. Any assessment not paid by the tenth day of the calendar month for which it is due shall be delinquent and subject to late charges, interest charges and collection procedures as provided in Article XX. Section 19.6 Proceeds Belong to Association. All assess- ments and other receipts received by the Association on behalf of the condominium shall belong to the Association. Section 19.7 Limitation on Assessments. During such time as Declarant continues to be the original owner of an apartment in the condominium and is offering it for sale, no budget shall be adopted or special assessment imposed that will cause the total assessments against any apartment in any month to be more than ten (10%) percent greater than the total assessments against the apartment for the same month of the preceding calendar year. This limitation may be waived in writing by Declarant only for any One Or more assessments. shall have the power either stated in this Section 19.7. No person other than Declarant to assert or waive the limitation - 30 - 82 0 7 2 2. 0 0 8 0 REEt25GF 757 Section 19-8 Failure to Assess. Any failure by the Board or the Association to make the budget and assessments hereunder within thirty (30) days after the expiration of any year for the ensuing year shall not be deemed a waiver or modification in any respect of the provisions of this Declaration, or a release of the owners from the obligation to pay assessments during that or any subsequent year, and the monthly assessment amount established for the preceding year shall continue until a new assessment is established. Section 19.9 Certificate of Unpaid Assessments. Upon the request of any owner or mortgagee of an apartment, the Board shall furnish a certificate in recordable form stating the amount, if any, of unpaid assessments charged to the apartment. The certificate shall be conclusive upon the Board and the Association as to the amount of such indebtedness on the date of the certificate in favor of all purchasers and mortgagees of the apartment who rely on the certificate in good faith. The Board may establish a reasonable fee to be charged to reimburse it for the cost of preparing the certificate. Section 19.10 Separate Accounts. The Board shall require that the Association maintain separate accounts for current operations and reserves, and a special separate reserve account for payment of insurance. Each month the Board shall first deposit to the insurance reserve account that portion of the common expense assessment necessary to pay at least one-twelfth - 31 - BEEt25GFB 880'/2,2,0080 of the total cost of all of the insurance policies provided for the condominium and such insurance reserve account shall be held separately and inviolate until utilized for payment of insurance premiums. Thereafter the remainder of the assessments and charges collected may be utilized for payment of other expenses or deposited or credited to other accounts. All such assessments and charges shall be collected and held in trust for, and admini- stered and expended for the benefit of, the apartment owners. ARTICLE XX LIEN AND COLLECTION OF ASSESSMENTS Section 20.1 Assessments Are a Lien; Priority. All unpaid sums assessed by the Association for the share of the common expenses chargeable to any apartment and any sums specially assessed to any apartment under the authority of this Declaration or the Bylaws, together with interest, costs and attorneys' fees in the event of delinquency, shall constitute a continuing lien on the apartment and all its appurtenances from the date the assessment became due until fully paid. The lien for such unpaid assessments shall be subordinate to tax liens on the apartment in favor of any assessing unit and/or special district, and to all sums unpaid on all mortgages of record, but shall have priority over all other liens against the apartment. A first mortgagee of an apartment that obtains possession through a mortgage fore- closure or deed of trust sale, or a purchaser at a foreclosure sale, shall take the apartment free of any claims for the share 8gO'7,?,gO080 - 32- EEL2.5 FR of common expenses or assessments by the Association chargeable to the apartment that became due before such possession, but will be liable for the common expenses and assessments that accrue after the taking of possession; in which event the apartment's past-due share of common expenses or assessments shall become new common expenses chargeable to all of the apartment owners, including the mortgagee or foreclosure sale purchaser and their successors and assigns, in proportion to their respective per- centages of undivided interest in the common areas and facili- ties; however, the owner and any contract purchaser shall continue to be personally liable for such past-due assessments, as provided in Section 20.3. For the purpose of this section, the terms "mortgages" and "mortgagee" shall not mean real estate contracts or a vendor or a designee or assignee of a vendor under a real estate contract. Section 20.2 Lien May be Foreclosed. The lien for delin- quent assessments may be foreclosed by suit by the Managing Agent or the Board, acting on behalf of the Association, in like manner as the foreclosure of a mortgage of real property. The Managing Agent or the Board, acting on behalf of the Association, shall have the power to bid on the apartment at the foreclosure sale and to acquire and hold, lease, mortgage and convey the same. Section 20.3 Assessments Are Personal Obligations. In addition to constituting a lien on the apartment and all its appurtenances, all sums assessed by the Association chargeable to 8207220080 - 33 - R -E[2,56FR 860 any apartment, together with interest, costs and attorneys' fees in the event of delinquency, shall be the joint and several personal obligations of the owner and any contract purchaser of the apartment when the assessment is made and their grantees. Suit to recover personal judgment for any delinquent assessments shall be maintainable without foreclosing or waiving the liens securing them. Section 20.4 Late Charges and Interest on Delinquent Assessments. The Board may from time to time establish late charges and a rate of interest to be charged on assessments that may thereafter become delinquent. In the absence of another established non-usurious rate, delinquent assessments shall bear interest at the rate of twelve (12%) percent per annum. Section 20.5 Recovery of Attorneys' Fees and Costs. In any action to collect delinquent assessments, the prevailing party shall be entitled to recover as a part of its judgment a reasonable sum for attorneys' fees and expenses reasonably incurred in connection with the action, in addition to taxable costs permitted by law. Section 20.6 Remedies Cumulative. The remedies provided herein are cumulative and the Board may pursue them, and any other remedies which may be available under the law although not expressed herein, either concurrently or in any order. 8207?.Z008.,9 - 34 - RE [256F,q Section 20.7 Security Deposit. An apartment owner who has been delinquent in paying his monthly assessments for three (3) of the five (5) preceding months may be required by the Board, from time to time, to make and maintain a security deposit not in excess of three (3) months estimated monthly assessments, which shall be collected and shall be subject to penalties for non- payment as are other assessments. The deposit shall be held in a separate fund, credited to such owner, and may be resorted to at any time when such owner is ten (10) days or more delinquent in paying his assessments. ARTICLE XXI COMPLIANCE WITH DECLARATION Section 21.1 Enforcement. Each owner shall comply strictly with the provisions of this Declaration and with the Bylaws and administrative rules and regulations passed hereunder, as the same may be lawfully amended from time to time, and with all decisions adopted pursuant to this Declaration and the Bylaws and administrative rules and regulations. Failure to comply shall be grounds for an action to recover sums due for damages, injunctive relief or both. Such action may be asserted by the Board acting through its officers on behalf of the owners, or by the aggrieved owner on his own behalf. Section 21.2 No Waiver of Strict Performance. The failure of the Board in any instance to insist upon the strict compliance 8207220080 - 3s- BE[t25 jF aG2 with this Declaration, the Bylaws or Rules and Regulations of the Association, or to exercise any right contained in such documents or to serve any notice or to institute any action, shall not be construed as a waiver or a relinquishment for the future of any term, covenant, condition or restriction. The receipt by the Board of payment of an assessment from an owner, with knowledge of a breach by the owner, shall not be a waiver of the breach. No waiver by the Board of any requirement shall be effective unless expressed in writing and signed by the Board. This Article also extends to the Declarant, Declarant's Managing Agent and the Interim Board of Directors, exercising the power of the Board before the Transition Date. ARTICLE XXII LIMITATION OF LIABILITY Section 22.1 Liability for Utility Failure, Etc. Except to the extent covered by insurance obtained by the Board, the Association, the Board, the Declarant, Declarant's Managing Agent and the Interim Board of Directors shall not be liable for: (1) the failure of any utility or other service to be obtained and paid for by the Board; (2) injury or damage to person or property caused by the elements or resulting from electricity, water, rain, dust or sand which may lead or flow from outside or from any parts of the building, or from any of its pipes, drains, conduits, appliances or equipment, or from any other place; or (3) inconvenience or discomfort resulting from any action taken to comply with any law, ordinance or orders of a governmental authority. No diminution or abatement of common expense assessments shall be claimed or allowed for any such utility or service failure, or for such injury or damage, or for such incon- venience or discomfort. Section 22.2 No Personal Liability. A Board member, Associ- ation Committee Member, Officer, Declarant or the Managing Agent shall not be personally liable to any owner, or to any other person, including the Association, for any damage, loss or prejudice suffered or claimed on account of any act, omission, error or negligence of such person; provided, that such person has acted in good faith, without willful or intentional mis- conduct, upon the basis of such information as is then possessed by such person; and further provided, that this section shall not apply where the consequences of such act, omission, error or negligence is covered by insurance obtained by the Board. ARTICLE XXIII INDEMNIFICATION Each Board member, Association Committee Member, Association Officer, Declarant and the Managing Agent shall be indemnified by the Association against all expenses and liabilities, including attorneys' fees, reasonably incurred by or imposed in connection with any proceeding to which he or she may be a party, or in which he may become involved by reason of - 37- holding or having held such position, or any settlement thereof, whether or not he or she holds such position at the time such expenses or liabilities are incurred, except to the extent such expenses and liabilities are covered by any type of insurance and except in such cases wherein such person is adjudged guilty of willful misfeasance in the performance of his or her duties; provided, that in the event of a settlement, the indemnification shall apply only when the Board approves such settlement and reimbursement as being for the best interests of the Association. ARTICLE XXIV INSURANCE Section 24.1 General Requirements. The Board shall cause the Association to purchase and maintain at all times as a common expense a policy or policies and bonds necessary to provide casualty insurance; comprehensive liability insurance; fidelity bonds; worker's compensation insurance to the extent required by applicable laws; insurance against loss of personal property of the Association by fire, theft or other causes with such deductible provisions as the Board deems advisable; insurance, if available, for the protection of the Association's directors, officers, and representatives from personal liability in the management of the Association's affairs; and such other insurance as the Board deems advisable. The Board shall review at least annually the adequacy of the Association's insurance coverage. All insurance shall be obtained from an insurance carrier rated - 38 - A by Best's Insurance Reports or equivalent rating service, and licensed to do business in the State of Washington. Notwith- standing any other provisions herein, the Association shall continuously maintain in effect casualty insurance, liability insurance and a fidelity bond that meets the insurance and fidelity bond requirements for condominium projects established by the Federal National Mortgage Association and the Government National Mortgage Association, so long as either is a mortgagee or owner of an apartment within the condominium, except to the extent such coverage is not available or has been waived in writing by the Federal National Mortgage Association or Government National Mortgage Association. All such insurance policies and fidelity bonds shall provide that coverage may not be cancelled or substantially modified (including cancellation for nonpayment of premium) without at least twenty (20) days' prior written notice to any and all insureds named therein, including apartment owners, mortgagees, and designated servicers of mortgagees. Section 24.2 Casualty Insurance. The casualty insurance shall, at the minimum, consist of a standard form of fire insurance policy with extended coverage endorsement in an amount equal to the full replacement value, which value shall equal one hundred (100%) percent of current replacement cost exclusive of land, foundation, excavation and other items normally excluded from coverage, of the common areas and facilities, apartments and all fixtures and equipment belonging to the Assocation with an - 39- 8207220089 BEEL258FB 866 "Agreed Amount Endorsement" or its equivalent, if available, or an "Inflation Guard Endorsement," and, if required by Federal National Mortgage Association, a "Demolition and Contingent Liability from Operation of Building Laws Endorsement," and "Increased Cost of Construction Endorsement," and such other endorsements as Federal National Mortgage Association deems necessary and are available. In addition to protection against loss or damage by fire and other hazards covered by the standard extended coverage endorsement, the policy shall provide protec- tion against loss or damage from sprinkler leakage, debris removal, cost of demolition, vandalism, malicious mischief, wind- storm, water damage and such other items as are customarily covered with respect to residential condominium projects of similar construction in the greater Seattle metropolitan area. The policy or policies shall provide for separate protection for each apartment to the full insurance replacement value thereof (limited as above provided), and a separate loss payable endorse- ment in favor of the mortgagee or mortgagees of each apartment. The insurance proceeds may be made payable to any trustee with which the Association may enter into an insurable trust agreement or any successor trustee, who shall have exclusive authority to negotiate losses under the policies. The policy or policies shall provide that, notwithstanding any provisions thereof which give the carrier the right to elect to restore damage in lieu of making a cash settlement, such option shall not be exercisable without the prior written approval of the Association (or any insurance trustee) or when in conflict with the provisions of any -40- R [[256F 867 8207220083 insurance trust agreement to which the Association may be a party, or any requirement of law. Section 24.3 Comprehensive Public Liability Insurance. The comprehensive policy of public liability insurance shall insure the Board, the Association, the apartment owners, Declarant and the Managing Agent, and cover all of the common areas and facili- ties of the condominium, with a "Severability of Interest Endorsement" or equivalent coverage which would preclude the insurer from denying the claim of an apartment owner because of the negligent acts of the Association or of another apartment owner, and shall include protection against water damage liability, liability for non-owned and hired automobiles, liability for property of others, and such other risks as are customarily covered with respect to residential condominium projects of similar construction in the greater Seattle metro- politan area. The limits of liability shall not be less than One Million ($1,000,000) Dollars covering all claims for personal injury and/or property damage arising out of a single occurrence. Section 24.4 Additional Policy Provisions. The Board shall exercise its reasonable best efforts to obtain insurance policies pursuant to Sections 24.2 and 24.3 containing the following provisions and limitations: A. The named insured shall be the Association as trustee for each of the apartment owners in accordance with - 41 - 8 072,?,008,9 f Et25G[ , 8G8 their respective percentages of undivided interest in the common areas and facilities. The insurance proceeds may be made payable to any trustee with which the Association may enter into an insurance trust agreement or any successor trustee, who shall have exclusive authority to negotiate losses under the policies. B. Such policies shall not provide for contri- bution by or assessment against mortgagees or become a lien on the property superior to the lien of a first mortgagee. C. In no event shall the insurance coverage be brought into contribution with insurance purchased by the owners of the apartments or their mortgagees. D. Coverage shall not be prejudiced by (1) any act or neglect of the owners of apartments when such act or neglect is not within the control of the Association, or (2) failure of the Association to comply with any warranty or cond- ition with regard to any portion of the premises over which the Association has no control. E. A waiver of subrogation by the insurer as to any and all claims against the Association, the owner of any apartment, and/or their respective agents, employees or tenants, and of any defenses based upon co-insurance or upon invalidity arising from the acts of the insured. 820722008g - 42 - 809 F. A standard mortgagee clause which shall: (1) Provide that any reference to a mortgagee in the policy shall mean and include all holders of mortgages of any apartment or apartment lease or sublease in their respective order of preference, whether or not named therein; (2) Provide that such insurance as to the interest of any mortgagee shall not be invalidated by any act or neglect of the Board of apartment owners or any persons under any of them; (3) Waive any provision invalidating such mortgage clause by reason of the failure of any mortgagee to notify the insurer of any hazardous use or vacancy, any re- quirement that the mortgagee pay any premium thereon and any contribution clause; and (4) Provide that, without affecting any protection afforded by such mortgagee clause, any proceeds payable under such policy shall be payable to the Board or the insurance trustee. Section 24.5 Fidelity Bonds The required fidelity bonds shall afford coverage to protect against dishonest acts on the part of officers, directors, trustees and employees of the 8207220089 - 43 - [ L256F 8i0 Association or the Managing Agent and all other persons who handle or are responsible for handling funds of the Association. The fidelity bonds shall be written in an amount equal to at least fifteen (15%) percent of the estimated annual operating expenses of the condominium, including reserves. All such fidelity bonds shall name the Association as an obligee and contain waivers of any defense based upon the exclusion of persons who serve without compensation from any definition of "employee" or similar expression. Section 24.6 Owners' Individual Insurance. Each owner may obtain additional insurance on his apartment and its contents at his own expense but only if the owner's insurance does not decrease the amount that the Board, or any trustee for the Board, on behalf of all of the owners, will realize under any insurance policy that the Board may have in force on the property. Each owner shall notify the Board of all improvements by the owner to his apartment the value of which is in excess of One Thousand ($1,000) Dollars. Any owner who obtains individual insurance policies covering any portion of the property other than personal property belonging to him shall file a copy of his individual policy or policies with the Board within thirty (30) days after he buys it, and the Board shall immediately review its effect with the Board's insurance broker, agent or carrier. Section 24.7 Insurance Proceeds. Insurance proceeds for damage or destruction to any part of the property shall be paid - 44 - 8 072?,0080 . EL25 SF 8ii to the Board on behalf of the Association which shall segregate such proceeds from any other funds of the Association for use and payment as provided for in Article XXV. The Association acting through its Board shall have the authority to settle and comp- romise any claim under insurance obtained by Association and the insurer may accept the release and discharge of liability made by the Board on behalf of the named insureds under the policy. ARTICLE XXV DAMAGE AND REPAIR OF DAMAGE TO PROPERTY Section 25.1 Initial Board Determination. In the event of damage to any part of the property, the Board shall promptly, and in all events within thirty (30) days after the date of damage, make the following determinations with respect thereto, employing such advice as the Board deems advisable: A. The nature together with an inventory of directly affected thereby. and extent of the damage, the improvements and property B. A reasonably reliable estimate of the cost to repair the damage, which estimate shall, if reasonably prac- ticable, be based upon two or more firm bids obtained from responsible contractors. 8207220089 - 4s - R[f[256FR 8i2 C. The expected insurance proceeds, if any, to be available from insurance covering the loss based on the amount paid or initially offered by the insurer. D. The amount, if any, by which the estimated cost of repair exceeds the expected insurance proceeds and the amount of the assessments that would have to be made against each apartment if the excess cost were to be paid as a maintenance expense and specially assessed against all the apartments in pro- portion to their percentage of undivided interest in the common areas and facilities. E. The Board's recommendation whether the damage should be repaired. Section 25.2 Notice of Damage. The Board shall promptly, and in all events within thirty (30) days after the date of damage, provide to each owner and institutional holder of a first mortgage on an apartment a written notice describing the damage and summarizing the initial Board determinations made under Section 25.1. If the Board fails to do so within the thirty (30) day period, any owner or mortgagee may make the determinations required under Section 25.1 and give the notice required under this Section 25.2. Section 25.3 Definitions: Damage, Repair, Emergency Work. For purposes of Article XXV, key terms are defined as follows: - 46 - A. Damage shall mean all kinds of damage, whether of slight degree or total destruction. B. Repair shall mean restoring the improve- ments to substantially the condition they were in before they were damaged, with each apartment and ~he common areas and facilities having substantially the same vertical and horizontal boundaries as before. Modifications to conform to applicable governmental rules and regulations or available means of construction may be made. C. Emergency Work shall mean work that the Board deems reasonably necessary to avoid further damage or substantial diminution in value to the improvements and to protect the owners from liabilty from the condition of the site. Section 25.4 Execution Of Repairs. A. The Board shall promptly repair the damage and use the available insurance proceeds therefor unless before the repairs (other than emergency work) are begun the owners decide in accordance with this Article XXV not to repair. If the cost of repair exceeds the available insurance proceeds the Board shall impose a special assessment against all apartments in proportion to their percentage of undivided interest in the common areas in an amount sufficient to pay the excess costs. - 4v - B[Et2,SG.c B. The Board shall have the authority to employ architects and engineers, advertise for bids, let contracts to contractors and others, and take such other action as is reasonably necessary to make the repairs. Contracts for the repair work shall be awarded when the Board, by means of insurance proceeds and sufficient assessments, has provided for paying the cost. The Board may authorize the insurance carrier to make the repairs if the Board is satisfied that the work will be done satisfactorily, and if such authorization does not contravene any insurance trust agreement or requirement of law. C. The Board may enter into a written agree- ment with a reputable financial institution, trust or escrow company to act as an insurance trustee to adjust and settle any claim for casualty loss in excess of Fifty Thousand Dollars ($50,000.00) and to collect the insurance proceeds and carry out the provisions of this Article XXV. Section 25.5 Damage Not Substantial; Assessment Under Three Thousand Five Hundred Dollars ($3,500.00). If the estimated assessment determined under subsection 25.1(D) does not exceed Three Thousand Five Hundred Dollars ($3,500.00) for any one apartment, the damage will be deemed not to be substantial and the provisions of this section 25.5 shall apply. 82,07220089 A. Either the Board or the requisite number of owners, within fifteen (15) days after the notice required under Section 25.2 has been given, may but shall not be required to, call a special owners' meeting in accordance with Section 15.8 and the Bylaws to decide whether to repair the damage. B. Except for emergency work, no repairs shall be commenced until after the fifteen (15) day period and until after the conclusion of the special meeting if such a special meeting is called within the fifteen (15) days. C. A unanimous decision of the apartment owners and the first mortgagees of apartments will be required to elect not to repair the damage. The failure of the Board and the owners within the fifteen (15) day period to call a special meeting shall be deemed a decision to repair the damage. Section 25.6 Substantial Damage; Assessment Over Three Thousand Five Hundred Dollars ($3,500.00). If the estimated assessment determined under subsection 25.1(D) is Three Thousand Five Hundred Dollars ($3,500.00) or more for any one apartment, the damage will be deemed substantial and the provisions of this Section 25.6 shall apply. A. The Board shall promptly, and in all events within thirty (30) days after the date of damage, call a special owners meeting to consider repairing the damage. If the Board - 49 - fails to do so within thirty (30) days, then notwithstanding the provisions of Section 15.8 and the Bylaws, any owner or first mortgagee of an apartment may call and conduct the meeting. B. Except for emergency work, no repairs shall be commenced until the conclusion of the special owners meeting. C. A unanimous vote of the total voting power will be required to elect not to repair the damage. Failure of the Board, the owners and the first mortgagees to conduct the special meeting provided for under subsection 25.6(A) within ninety (90) days after the date of damage shall be deemed a unanimous decision not to repair the damage. Section 25.7 Effect of Decision Not to Repair. In the event of a decision under either subsection 25.5(C) or 25.6(C) not to repair the damage, the Board may nevertheless expend so much of the insurance proceeds and common funds as the Board deems reasonably necessary for emergency work, which emergency work may include, but is not necessarily limited to, removal of the damaged improvements and clearing, filling and grading the land. The remaining funds, if any, and the property shall thereafter be held and distributed as follows: A. The property shall be owned in common by the apartment owners and shall no longer be subject to this Declaration or to condominium ownership. 8207220080 - 50 - B. Each apartment owner's percentage of undivided interest in the property shall be the same as the per- centage of undivided interest he previously owned in the common areas and facilities. C. Any mortgages or liens affecting any of the apartments shall be deemed transferred in accordance with the existing priorities to the apartment owner's percentage of the undivided interest in the property. D. The property shall be subject to an action for partition at the suit of any apartment owner, in which event the net proceeds of sale, together with the net proceeds of the insurance on the property, if any, shall be considered as one fund. The fund shall be divided into separate shares, one for each apartment owner in a percentage equal to the percentage of undivided interest owned by each such owner in the property. After first paying out of the respective share of each apartment owner, to the extent sufficient for the purpose, all mortgages and liens on the owner's interest, the balance remaining in each share shall be distributed to the owner. 8gOTg?,O089 - sl- E[t25C FR ARTICLE XXVI CONDEMNATION Section 26.1 Consequences of Condemnation; Notices. If any apartment or portion thereof or the common areas and facilities or any portion thereof is made the subject matter of any condem- nation or eminent domain proceeding or is otherwise sought to be acquired by a condemning authority (referred to herein as a "taking") notice of the proceeding or proposed acquisition shall promptly be given to each apartment owner and to each institu- tional holder of a first mortgage and the provisions of this Article XXVI shall apply. Section 26.2 Proceeds. All compensation, damages or other proceeds of the taking, the sum of which is hereinafter called the "Condemnation Award" shall be payable to the Association. Section 26.3 Complete Taking. If the entire property is taken the condominium ownership shall terminate. The Condem- nation Award shall be apportioned among the owners in proportion to their respective percentages of undivided interest in the common areas and facilities; provided, that if a standard different from the value of the property as a whole is employed to measure the Condemnation Award in the taking, then in deter- mining such shares the same standard shall be employed to the extent it is relevant and applicable. On the basis of the fore- going principle, the Board shall as soon as practicable determine 8207220089 - s2 - 3i9 the share of the Condemnation Award to which each owner is entitled. Each owner's share shall be applied first to the payment of all mortgages and liens on the owner's interest in accordance with the existing priorities and the balance of each share shall be distributed to the owner. Section 26.4 Partial Taking. If less than the entire property is taken the condominium ownership shall not terminate. Each owner shall be entitled to a share of the Condemnation Award determined in the following manner: A. As soon as practicable the Board shall, reasonably and in good faith, allocate the Condemnation Award among compensation for property taken, severance damages or other proceeds. B. The Board shall apportion the amounts so allocated to taking of or injury to the common areas and facili- ties, which in turn shall be apportioned among owners in proportion to their respective undivided interests in the common areas and facilities. C. The total amount allocated to severance damages shall be apportioned to the apartments that were not taken. 8207220089 - s3 - [ t2..SCF J2.0 D. The amounts allocated to the taking of or injury to a particular apartment and/or improvements an owner had made within the owner's apartment shall be apportioned to the apartment. E. The amount allocated to consequential damages and any other takings or injuries shall be apportioned as the Board determines to be equitable in the circumstances. F. If an allocation of the Condemnation Award has already been established in negotiation, judicial decree or otherwise, then in apportioning the Condemnation Award the Board shall employ that allocation to the extent it is relevant and applicable. G. Distribution of apportioned proceeds shall be made to the owners and their respective mortgagees in the manner provided in Section 26.3. Section 26.5 Reconstruction and Repair. Any reconstruction and repair necessitated by condemnation shall be governed by the procedures specified in Article XXV for repair of damage; pro- vided, that the Board may retain and apply such portion of each owner's share of the Condemnation Award as is necessary to dis- charge the owner's liability for any special assessment arising from the operation of Article XXV. 8207220089 - 54 - REiL25CrR ARTICLE XXVII EASEMENTS Section 27.1 In General. Each apartment has an easement in and through each other apartment and the common areas and facili- ties for all support elements and utility, wiring, heat and service elements and for reasonable access thereto, as required to effectuate and continue proper operation of the condominium. In addition, each apartment and all the common areas and facili- ties are specifically subject to easements as required for the electrical wiring and plumbing for each apartment. The specific mention or reservation of any easement in this Declaration does not limit or negate the general easement for common facilities reserved by law. Section 27.2 Encroachments. Each apartment and all common areas and facilities are hereby declared to have an easement over all adjoining apartments and common areas and facilities for the purpose of accommodating any present or future encroachment as a result of engineering errors, construction, reconstruction, repairs, settlement, shifting or movement of any portion of the property, or any other similar cause, and any encroachment due to building overhang or projection. There shall be valid easements for the maintenance of the encroaching apartments, areas and facilities so long as the encorachments shall exist, and the rights and obligations of owners shall not be altered in any way by the encroachment; provided, however, that in no event shall a 8207220089 valid easement for encroachment be created in favor of an apart- ment if the encroachment was caused by the willful act with full knowledge of the apartment owner. The encroachments described in this Section 27.2 shall not be construed to be encumbrances affecting the marketability of title to any apartment. Section 27.3 Easement Specifically Reserved by Declarant. Declarant reserves an access easement over, across and through the common areas and facilities of the condominium for the pur- pose of completing any unfinished apartments or other improve- ments and exhibiting and preparing apartments for sale. ARTICLE XXVIII AMENDMENTS OF DECLARATION, SURVEY MAP AND PLANS Section 28.1 Amendments by the Association. An apartment owner may propose amendments to this Declaration, the Survey Map or the Plans to the Board. Board may cause a proposed members of the Association A majority of the members of the amendment to be submitted to the for their consideration. If an amendment is proposed by owners of twenty percent (20%) or more of the apartments in the condominium, then, irrespective of whether the Board concurs in the proposed amendment, it shall be submitted to the members of the Association for their considera- tion at their next regular or special meeting for which timely notice may be given. Notice of a meeting at which an amendment 820722,0089 - ss - t [i [25C-F 823 is to be considered shall include the text of the proposed amend- ment. Amendments may be adopted at a meeting of the Association or by written consent of the requisite number of persons entitled to vote, after notice has been given to all persons entitled to receive notice of a meeting of the Association. The unanimous consent of all apartment owners shall be required for adoption of either (1) an amendment altering the value of the property and of each apartment or the percentages of undivided interest in the common areas and facilities, or (2) a decision that the property be removed from condominium status, or (3) an amendment of Sec- tion 15.7 or of this Article XVIII. All other amendments shall be adopted if approved by sixty percent (60%) of the apartment owners and there is compliance with Section 28.2. Once an amend- ment has been adopted by the Association, the amendment will become effective when a certificate of the amendment, executed by two officers of the Association, has been recorded in the public records. Section 28.2 Subdividing and Combining Common Areas. Subdividing and/or combining of any apartment or apartments, common areas and facilities or limited common areas and facilities is authorized only upon unanimous consent of all apartment owners and upon adoption of an amendment to this declaration pursuant to the procedure set forth in this Article. Any subdividing or combining shall not be effective unless also accompanied by filing, with the County Auditor, an amended set of building plans showing the change in the manner provided in RCW -57- E[L25GFR 324 8207220089 64.32.100. Except as set forth in the preceding sentence, the owner shall not by act or omission seek to abandon, partition, subdivide, encumber, sell or transfer the common areas and facilities, including the limited common areas and facilities and no other person shall have the right to have them partitioned or divided. Section 28.3 Requirement of Mortgagee Approval. In addition to other provisions of this Declaration and of the Condominium Statute, the prior written approval of each institutional holder of a first mortgage will be required for any material amendment of this Declaration or the Bylaws, including, but not limited to, any amendment that would change the percent- ages of undivided interest in the common areas and facilities of the apartment owners. ARTICLE XXIX ABANDONMENT OR TERMINATION OF CONDOMINIUM STATUS Except in cases of substantial damage to the property as provided in Article XXV, the condominium status of the property shall not be abandoned or terminated by reason of any act or omission by the owners or the Association except with the consent of all apartment owners by an instrument to that effect duly recorded, and then only if the mortgagees and holders of all liens affecting any of the apartments consent thereto or agree, in either case by an instrument duly recorded, that their 8207220089 - 58 - r [[t25C-,r mortgages and liens be transferred to the percentage of the undivided interest of the apartment owner in the property. ARTICLE XXX SEVERABILITY The provisions of this Declaration shall be independent and severable, and the unenforceability of any one provision shall not affect the enforceability of any other pro- vision, if the remainder complies with the Condominium Statute or, as covenants, effect the common plan. ARTICLE XXXI EFFECTIVE DATE recording. This DeclaratiOn shall take effect upon ARTICLE XXXII REFERENCE TO SURVEY MAP AND PLANS The Survey Map and Plans were filed with the Recorder of Kitsap County, Washington, simultaneously with the recording of this Declaration under File No. g~~ ~d ~, in Volume 3 of Condominiums, pages 67 through ~,. 8207220089 - 59 - ARTICLE XXXIII ASSIGNMENT BY DECLARANT Declarant reserves the right to assign, transfer, sell, lease or rent all or a portion of the property then owned by it and reserves the right to assign all or any of its rights, duties, and obligations created under this Declara- tion; however, such assignment shall not diminish Declarant's duties and obligations. ATTEST: EAGLE HARBOR LIMITED PARTNERSHIP, DECLARANT By RICHARD G. BOWEN, president Bowen Development Company, General Partner SECRETARY STATE OF WASHINGTON) ) ss. COUNTY OF ~<i~ ) On this day, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared RICHARD G. BOWEN, to me known to be the President of Bowen Development Company, the corporation which executed the foregoing instrument as the General Partner, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute the said instrument and that the seal affixed is the corporate seal of said corporation. (SEAL) 8207 20080 GIVEN UNDER MY HAND AND OFFICIAL SEAL this ._3~j~d~/day of 198~. "" Notary Public in and for the ~' State of ~shington,.residin'g ' EH25GFR ,3; 7 SCHEDULE A to WILLIAMSON LANDING CONDOMINIUM DECLARATION DESCRIPTION OF PROPERTY PARCEL A: That portion of Government Lot 1, Section 34, Township 25 North, Range 2 East, WoM., in Kitsap County, Washington, described as follows: Beginning 22 rods West and 2 rods South of the Northeast corner of Lot 1; thence South 20.8 rods to the meander line; thence along the meander line North 44° East 9.4 rods to a point South of a point 6 rods 9 feet East of the point of beginning; thence North 14.2 rods to said point 6 rods 9 feet East of the point of beginning; thence West 6 rods 9 feet to the point of beginning; PARCEL B: That portion of Government Lot 1, Section 34, Township 25 North, Range 2 East, W.M., in Kitsap County, Washington, described as follows: Beginning at the meander corner making the Easterly corner of Government Lot 1, Section 34, Township 25 North, Range 2 East, W.Mo, and running thence North 89°57'36" West along the North boundary line of said Lot 1, 22 rods (363 feet) to the East line of the county road as established by Kitsap County Superior Court Cause No. 15089; thence at right angles to said Government Lot boundary line South 0002'24" West along the East margin of said road, a distance of 195.02 feet, more or less, to the Southerly end of said road, which point is the True Point of Beginning of this description; thence along the Southerly end of said road North 88o24'30" West 40.02 feet to an intersection with the West margin of said road; thence South 0002'24" West 229.06 feet, more or less, to the Government meander line; thence along said meander line North 43°39'13'' East 57.99 feet to a point from which the True Point of Beginning bears North 0002'24" East; thence North 0002'24" East 185.99 feet, more Or less to the True Point of Beginning; TOGETHER WITH second class tidelands adjoining said Parcels A and B; Situate in Kitsap County, Washington. 8207220089 SCHEDULE B to WILLIAMSON LANDING CONDOMINIUM DECLARATION DESCRIPTION OF APARTMENTS FLOOR APT LOCATION 101 First 102 First 201 Second 202 Second 301 Third 302 Third ENTRY, LIVING, # OF # OF TOTAL TOTAL DINING, BED- BATH- # OF SQUARE KITCHEN ROOMS ROOMS ROOMS FEET Yes 3 2.5 10 2,335 Yes 3 2.5 11 2,570 Yes 3 2.5 10 2,335 Yes 2 2.5 9 2,435 Yes 3 2.5 10 2,335 Yes 3 2.5 10 2,435 PARKING SPACES DECK PROVIDED Yes 2 Yes 2 Yes 2 Yes 2 Yes 2 Yes 2 8207220080 REEt25GFR- 829 SCHEDULE C TO WILLIAMSON LANDING CONDOMINIUM DECLARATION VALUE OF PROPERTY AND PERCENTAGE OF UNDIVIDED INTEREST IN COMMON AREAS AND FACILITIES APARTMENT 101 102 201 202 301 302 TOTAL VALUE OF ALL UNITS VALUE $ 260,000.00 270 000.00 245,000.00 240,000.00 295,000.00 285,000.00 $1,595,000.00 PERCENTAGE 16-2/3 16-2/3 16-2/3 16-2/3 16-2/3 16-2/3 100.0 m