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Courthouse Square Agreements (compiled notebook)
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Courthouse Square Agreements (compiled notebook)
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Last modified
9/19/2012 11:38:20 AM
Creation date
9/6/2011 11:59:51 AM
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Building
RecordID
10322
Title
Courthouse Square Agreements (compiled notebook)
Building
Courthouse Square
BLDG Document Type
Contracts - Agreements
Project ID
CS9601 Courthouse Square Research
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~ 10.3 Closing of Purchase. The closing of the purchase of a Unit pursuant ~to the exercise <br />of a right of refusal under this Section 10 shall be closed within sixty (60) days following the <br />exercise of the right of refusal. I <br />10.4 Superseding Provisions. Notwithstanding that a party exercising a' ight of refusal <br />must otherwise accept the terms and provisions of a bona fide offer to purchase such Unit, the <br />provisions of this Section 10 shall supersede any contrary or inconsistent provisio , s contained in <br />any such offer. ' <br />11. AMENDMENTS TO DECLARATION. This Declaration may be amende~ from time to <br />time by the unanimous consent or approval of the Unit owners. ' <br />11.1 Advice of Counsel. Before any proposed amendment is adopted I y the owners, <br />bond counsel for Marion County, so long as it owns a Unit, shall be consulted ~o assure such <br />amendment would not constitute a violation of any bond financing of the owners and FTA and <br />TransiYs legal counsel, so long as Transit owns a Unit, shall be consulted to a sure that such <br />amendment would not constitute a violation of any applicable law, regulation or circ lar. <br />i <br />11.2 Recordation. The amendment shall be effective upon recordati n in the Deed <br />Records of Marion County, certified to by the chairman and secretary of the A~ssociation and <br />approved by the County Assessor and the Real Estate Commissioner. ', <br />12. AUTHORITY TO GRANT EASEMENTS RIGHTS-OF-WAY LIC NSES AND <br />OTHER SIMILAR INTERESTS. Pursuant to ORS 100.405(5), the Association shall have the <br />authority to execute, acknowledge, deliver and record, on behalf of the Unit own rs, easements, <br />rights-of-way, licenses and other similar interests affecting the general common lements. The <br />granting of any such interest shall first be approved by at least seventy-five perce t(75%) of the <br />Unit owners as required by ORS 100.405(6). The instrument granting any such i terest shall be <br />executed by the Chairman and Secretary of the Association and acknowledged in the manner <br />provided for acknowledgement of such instruments by such officers, and shall state hat such grant <br />was approved by at least seventy-five percent (75%) of the Unit owners. <br />13. EASEMENTS. The Association shall have an easement through, over nd across any <br />Office Unit for the purpose of inspecting, maintaining, repairing and replacin the common <br />elements. The Association and its agent shall conduct such work in a manner s as to cause as <br />little interference with an owner's enjoyment of his Unit as possible. ~, <br />14. GENERAL PROVISIONS. <br />14.1 Inter~retation. The rights and obligations of all members of the . <br />any person dealing with the Association or any of its members in respect to matt <br />the Declaration and Bylaws, shall be interpreted and governed by the laws of the S <br />14.2 Severabilitv. Each provision of the Declaration, and Bylaws is i <br />severable. The invalidity or partial invalidity of any provision thereof shall not ~ <br />remaining portions of that or any other provision of this Declaration or Bylaws. <br />14.3 Waiver of Ri~. The failure of the Association, Board of <br />a Unit owner to enforce any right, provision, covenant or condition of the I <br />iation. and <br />pertaining to <br />of Oregon. <br />ndent and <br />any of the <br />an officer or <br />and Bylaws <br />~ Page 8. Condominium Declaration <br />0923970920 <br />
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