Courthouse Square Agreements (compiled notebook)

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~ eighty percent (800) of the votes of t Association, at any general or special. meeting, may adopt such a budget, annou: the unit owners and immediately assessments based on the newly-adoptec Additionally, at any general or special meeting, unit owners may amend any budge by the Board of Directors. Thereafter, as to unit owners shall be based on the bud amended until a new budget is adopted in a with this Section 5. ~ 5. DEFAULT. Failure by an owner to pay any asse the Association shall be a default by such owner of his o~ pursuant to these Bylaws and the Oregon Condominium Ac1 addition to the Association's other remedies provide Declaration and these Bylaws, the Association shall be en declare the balance of such owner's annual assessment being paid in installments to be immediately due and p. full. In addition to interest payable on delinquent asses the rate of 12o per annum or at such higher rate a established from time-to-time by the Board of Directors, of Directors, at its option, may impose a late charge p respect to any assessment not paid within ten (10) days due date. Such penalty may not exceed the sum of ten perc of the delinquent assessment. Liability for all ass charges, interest, fees and other sums owing by a ur pursuant to the Declaration, these Bylaws, the Oregon Co Act and rules and regulations of the Association shal binding obligation of the unit owner and may be enforce~ for a money judgment, in addition to all other remedie Association. 6. MAINTENANCE AND REPAIR. ze entire _y called ice it to commence budget. Ly called t adopted sessments 3et as so ccordance ;sment of _igations and, in in the .itled to >therwise yable in ~ments at may be he Board nalty in f rom the ~nt (10 0 ) ssments, it owner dominium . be the by suit ~ of the (a) Every owner must perform promptly all ma'ntenance and repair work within his own unit, hich, if omitted, would affect the common elemen s of the Condominium or a part thereof belonging to other owners, and shall be responsible for the amages and liabilities that his failure to d~ so may cause. (b) All repairs of internal installations of e ch unit, such as water, lights, gas, power, sewage, telephones, air conditioners and sanitary installations, doors, windows, lamps and 11 other accessories belonging to the unit area sh 11 be at the sole expense of the owner of such uni . ~ BYLAWS OF COURTHOUSE SQUARE CONDOMINIUM PAGE - 13