Antares Announcement

DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
PAGE 14

ARTICLE II  (cont.)

(v)  a report of the status of compliance with the maintenance, replacement and repair needs set forth in the inspection report for preceding years; and

(vi)  such other matters as the Board deems appropriate.

(e)  Disputes Regarding Maintenance. If any dispute shall arise between an Owner and the Association or any .other Owner regarding who shall · have the responsibility of maintaining an Improvement, the Board of Directors of the Association shall determine who shall be responsible for the maintenance of the Improvement and that decision shall be binding upon the Owner and the Association. If Owners wish to enter into agreements with other Owners allocating the responsibilities established in Section 2.9 with each other, such agreement shall be valid upon approval of the Board.

2.8.  Unsegregated-Real Property Taxes.
To the extent not assessed to or paid by the Owners, the Association shall pay all real and personal property taxes and assessments levied upon any portion of the Property. If all of the Units in a Phase are taxed under a blanket tax bill covering all of such Phase, then each Owner shall pay his proportionate share of any installment due under the blanket tax bill to the Association at least ten (10) days prior to the delinquency date. The Association shall transmit the taxes to the appropriate tax collection agency on or before the delinquency date. The Association shall allocate blanket taxes equally among the Owners and their Condominiums in such Phase, based upon the total number of Units in such Phase. The Association shall, at least forty-five (45) days prior to the delinquency date of any blanket tax installment, deliver to each Owner in such Phase a copy of the tax bill, along with a written notice setting forth the Owner's obligation to pay his proportionate share of the tax installment and the potential additional charges to the Owner for failure to comply. The Association shall pay the taxes on behalf of any Owner who does not pay his proportionate share. The Association shall add to the Annual Assessment of a delinquent Owner the amount of any sum advanced, plus interest at the rate of ten percent (10%) per annum and any amount necessary to reimburse the Association for any penalty or late charge actually assessed in connection with the blanket tax bill for a Phase, which late charge results from the failure of the delinquent Owner to make timely payment of his proportionate share of the taxes. Until Close of Escrow for the sale of ninety percent (90%) of the Condominiums in the Project has occurred, this Section may not be amended without the express written consent of Declarant.

2.9.  Repair and Maintenance by Owners.

(a)  Residence.
Each Owner shall be responsible for maintaining all portions of the interior, exterior and structural integrity of his Residence. Such maintenance responsibilities include, but are not limited to, all maintenance and repair of the roof and exterior of the Residence, replacement of

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