ANTARES HOMEOWNERS ASSOCIATION
RULES AND REGULATIONS
PAGE 13

SECTION II (cont.)

RULES AND REGULATIONS (cont.)

Article 11    Fine Schedule

11.1   A letter will be sent to the homeowner stating the alleged violation.

11.2   A second letter will be sent to the homeowner stating the alleged violation continues and request the homeowner appear before the Board of Directors.

11.3   If the result of the hearing is a monetary fine, a fine of $50 will be applied to the owner's account.

11.4   If the violation continues past the hearing and first fine stage, fines may be increased same upon each reported violation (ie. first $50.00, second $100, third $150)

11.5   At any point, the Board may determine to use the legal system or cause correction of the violation to effect a cure and the owner may be responsible for legal fees and/or reimbursement of cost to the Association.

NOTE: Should a violation occur which imposes financial obligation of the Association, then the party responsible for said violation shall reimburse, by way of Fines, the Association for this financial obligation. If, for example, a party damages a fence, tree or any other common property, repair and replacement costs will be charged to that party.

REPLACEMENT KEY POLICY:

Board has set a replacement charge for the common area keys and the fitness room keys at the following amounts. 1st replacement $50.00, 2"d replacement $100.00 and 3rd replacement of $150.00 IF THE KEY IS BROKEN AND YOU RETURN THE BROKEN PORTION OF THE KEY THERE WILL BE NO CHARGE.

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