Antares Announcement

DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
PAGE 2

P R E A M B L E  (cont.)

D: Declarant, its successors, assigns and grantees, covenant that each undivided interest in the Common Area, the appurtenant membership in the Association, all easements conveyed therewith and fee title to the respective Unit conveyed therewith shall not be separated or separately conveyed, and each such undivided interest, membership and easement shall be deemed to be conveyed or encumbered with its respective Unit even though the description in-the . instrument of conveyance or encumbrance may refer only to the Unit; provided, however, that this restriction upon the severability of the component interests of the Condominiums shall not extend beyond the period for which the right to partition the Property is suspended in accordance with Section 1359 of the California Civil Code and the provisions of Article X hereof. Any conveyance by an Owner of a Condominium, or any portion thereof, shall be presumed to convey the entire Condominium, together with a membership in the Association.

ARTICLE I

1. Definitions. Unless otherwise expressly provided, the following words and phrases when used herein have the following specified meanings.

1.1.  Annexable Territory.
Annexable Territory means the real property described in Exhibit "C" attached hereto and incorporated herein by this reference, all or any portion of which may be made subject to this Declaration pursuant to Article XVI hereof.

1.2.  Architectural Committee or Committee.
Architectural Committee or Committee means the Architectural Review Committee created pursuant to Article IV hereof.

1.3.  Articles.
Articles means the Articles of Incorporation of the Association as amended. A copy of the Articles is attached hereto as Exhibit "A" and incorporated herein by this reference.

1.4.  Assessment, Annual.
Annual Assessment means a charge against the Owners and their Condominiums, representing a portion of the Common Expenses, which are to be levied as provided herein.

1.5.  Assessment, Capital Improvement.
Capital. Improvement Assessment means a charge which the Board may levy against the Owners and their Condominiums, representing a portion of the cost to the Association for installation or construction of any capital Improvements on any of the Common Property. Such charge shall be levied in the same proportions as Annual Assessments.

1.6.  Assessment, Reconstruction.
Reconstruction Assessment means a charge which the Board may levy against the Owners and their Condominiums, representing a portion of the Association's cost to reconstruct any ...

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