DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
PAGE 13

ARTICLE II  (cont.)

(c)  Charges to Owners. All costs of maintenance, repairs and replacements for the Property shall be paid for as Common Expenses out of the Association Maintenance Funds as provided herein. The Board shall require strict compliance with all provisions of this Declaration and cause the Property to be inspected by the Architectural Committee for any violation thereof. The Board, after Notice and Hearing, shall levy the cost of any maintenance, repairs or replacement performed by the Association which is not the responsibility of the Association or which arises out of, or is caused by, the act of an Owner or such Owner's Family, tenants, guests, invitees, or agents as a Special Assessment against such Owner.

(d)  Inspection. The Board shall have the Common Property and Association Maintenance Areas and all Improvements thereon inspected at least orice every three (3) years in order to {i) determine whether the Common Property and Association Maintenance Areas is being maintained adequately in accordance with the standards of maintenance established in this Section, (ii) identify the condition of the Common Property, Association Maintenance Areas and any Improvements thereon, including the existence of any hazards or defects, and the need for performing additional maintenance, refurbishment, replacement, or repair, and (iii) recommend preventive actions which may be taken to reduce potential maintenance costs to be incurred in the future. The Board may employ such experts and consultants as are necessary to perform the inspection and make the report required by this Section. The Board shall prepare a report of the results of the inspection required by this Section. The report shall be furnished to Owners within the time set forth for furnishing Owners with the Budget. The report must include at least the following:

(i)  a description of the condition of the Common Property and Association Maintenance Areas, including a list of items inspected, and the status of maintenance, repair and need for replacement of all such items;

(ii)  a description of all maintenance, repair and replacement planned for the ensuing Fiscal Year and included in the Budget;

(iii)  if any maintenance, repair or replacement is to be deferred, the reason for such deferral;

(iv)  a summary of all reports of inspections performed by any expert or consultant employed by the Board to perform inspections; ««  Page 12 Contents Page 14 »»