Courthouse Square Agreements (compiled notebook)

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I , ~ Owners shall be liable for the common expense attributed to the Parking G~rage in the following proportion: Unit No. PercentaQe ' 1 2 3 Nothing herein contained, however, shall be construed so as to precl de the Association from delegating to persons, firms or corporations of its choi~e such duties as may be imposed by the Association. 4.3 Income From Common Elements. All common revenue from the g neral common elements shall be income of the Association. The Board of Directors may, in its discretion, use such income to lielp meet the expense of maintaining the common elements, or for such other purpose as may benefit the Association and the Unit owners in a manner prop rtionate to the percentage ownership in the common elements pertaining to each such Unit. Inco e from limited common elements belong to the owner of such limited common element. '~ 4.4 Rules and Regulations Promul atg ed by the Association. No pers n shall use the common elements or any part thereof in any manner contrary to, or not in accord nce with, such Rules and Regulations pertaining thereto as from time to time may be prom lgated by the Association. Without in any manner intending to limit the generality of the foregoing, the Association shall have the right, but not the obligation, to promulgate rules and regu ations limiting ~ the use of the common elements to the members of the Association and their respect ve employees, invitees, guests and agents. Such use may be conditioned upon, among other thin s, compliance by the Unit owner with such Rules and Regulations and the payment by the Unit owner of such assessments as may be established by the Association for the purpose of defraying t e cost thereof. 4.5 Limited Common Elements. The Condominium contains the fol~owing limited common element: i ~~ Parking spaces: Units TP- to TP- and MP-_ to MP-_, as sho~vn on the plat. 5. PARKING. ~ 5.1 General Common Element Parkin~. Except for designated li ' ited common elements, all parking spaces are general common elements and shall be available fo the use of the Unit owners and their customers, invitees and guests. The general common eleme t parking shall be used in accordance with Rules and Regulations promulgated by the Board of Di ectors, which, in its discretion, may restrict the use of some or all of such parking spaces to certain of the Units. 5.2 Maintenance Re~air and Re~lacement. The Board of Directors sh ~ 11 allocate the expense of maintenance, repair and replacement of the general common element arking spaces among the Office Unit owners equitably to reflect the benefit the Office Unit owne s receive from the existence, use, maintenance, repair and replacement of such parking spaces. If e Office Unit owners cannot reach unanimous agreement allocating such costs, then they shall be llocated on the basis provided in Section 4.2(d). ~ Page 5. Condominium Declaration 0923970920