Antares Announcement

DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
PAGE 17

ARTICLE II  (cont.)

(i)  General Rules of Law to Apply (cont.).
Wall"), subject to the general rules of law regarding common law party walls and liability for property damage due to negligence or willful acts or omissions modified as provided in this Section.

(ii)  Sharing of Repair and Maintenance.  The cost of reasonable repair and maintenance of a Party Wall shall be shared equally by the Owners of the Units separated by such Party Wall. However, each Owner shall be solely responsible for repainting the side of any Party Wall facing his Residence.

(iii)  Destruction by Fire or Other Casualty.  If a Party Wall is destroyed or damaged by fire or other casualty, any Owner whose Unit is affected thereby may restore it, and the Owner of the other Unit which is affected thereby shall contribute equally to the cost of restoration thereof without prejudice, however, to the right of any such Owner to call for a larger contribution from the other under any rule of law regarding liability for negligent or willful acts or omissions.

(iv)  Weatherproofing.  Notwithstanding any other provision of this Article, an Owner who by his negligent or willful act causes a Party Wall to be exposed to the elements or to deteriorate or require repair or replacement shall bear the whole cost of furnishing the necessary protection against such elements or the necessary repairs or replacement.

(v)  Right to Contribution Runs With Land.  The right of any Owner to contribution from any other Owner under this Article shall be appurtenant to the land and shall pass to such Owner's successors in title.

2.10.  Use of Manager.
The Board may contract with a Manager for the performance of maintenance and repair and for conducting other activities on behalf of the Association. The maximum term of any such contract ("Management Contract") shall be one (1) year, unless a longer term is approved either by vote or written assent of a majority of the Association's voting power, in which case the Management Contract's maximum term shall be three (3) years. The maximum term of any contract providing for Declarant's services to the Association or the Project shall also be three (3) years. Each contract for Declarant's services and each Management Contract must provide for its termination by either party thereto without cause and without payment of a termination fee upon no more than ninety (90) days' written notice to the other party.

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