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Lots 1, 2
and 3 of Tract No. 27209 in the City of
Los Angeles, County of Los Angles, State of
California, as per Map recorded in Book
840, Pages 76 through 80, inclusive, of
Maps in the Office of the Los Angeles County
Recorder (the "Phase I Property"). |
ARTICLE III
ANNEXATION
Section 1. Annexation of Additional Property. Additional
property may be annexed to and become subject to this
Declaration by either of the following methods:
a) Upon the written approval of fifty-one
percent (51%) of the Class A members of the
Association, and fifty-one percent (51%) of the Class
B members of the Association, if any, the owner of any
real property who desires to annex such real property
to the scheme of this Declaration may accomplish such
annexation by the recordation of a Supplementary
Declaration as provided by Sections 2 and 3 of this
Article III.
b) Notwithstanding the provisions of paragraph (a) of
this Section 1, all or any portion of the real
property described in Exhibit "A" attached
hereto may, from time to time, be annexed to the
scheme of this Declaration by Declarant without the
consent of the Association of its members at any time
prior to the expiration of a period of three (3) years
after the date of issuance by the California
Department of Real Estate of a Final Subdivision
Public Report covering any portion of the Property
without the issuance by the California Department of
Real Estate of a subsequent Final Subdivision Public
report covering some other portion of the Property by
the recordation of a Supplementary Declaration as
provided for by Sections 2 and 3 of this Article III.
Section 2. Method of Annexation. The additions
authorized pursuant to paragraphs (a) and (b) of
Section 1 of this Article III shall be effectuated by
the recordation of a Supplementary Declaration of
Covenants, Conditions and Restrictions (the
"Supplementary Declaration"). The
Supplementary Declaration shall be executed by the
owners of the real property sought to be annexed to
the scheme of the Declaration by the recordation
thereof, and, in the event annexation is accomplished
pursuant to paragraph (a) of Section 1 or this Article
III, shall have attached thereto the written consents
of the members of the Association as required by said
paragraph (a).
Section 3. Contents of Supplementary Declaration. The
Supplementary Declaration shall describe the real
property to be annexed to the scheme of this Declaration
and shall state that it is being made pursuant to the
terms of the Declaration for the purpose of annexing
the property described in the Supplementary Declaration.
The Supplementary Declaration may contain such
complementary additions and modifications to this
Declaration as may be necessary to reflect the
different character, if any, of the real property
being annexed and as are not inconsistent with the
general scheme of this Declaration. In this
connection, portions of the real property annexed
hereto in accordance with this Article II may contain
recreation areas to be conveyed in fee to the
Association and owned by the Association for the use
and benefit of each and every member of the
Association. Any Supplementary Declaration recorded in
accordance with the terms hereof shall be conclusive
in favor of all persons who rely thereon in good
faith. From and after recordation of any Supplementary
Declaration recorded in accordance with the provisions
of this Declaration, and the jurisdiction of the
Association pursuant to the terms of this Declaration,
the By-Laws, the Articles and the Supplementary
Declarations.
Section 4. Effect of Annexation. Each time
property is annexed to this Declaration a separate
Condominium Plan will be prepared, executed and
recorded prior to or concurrently with the recordation
of the Supplementary Declaration effectuating such
annexation, which Condominium Plan will cover only the
property then being annexed hereto (The "Annexed
Property"). Condominiums located within the
Annexed Property shall consist of fee title to a Unit
contained within the Annexed Property, together with
an undivided interest in the Common Area contained
within the Annexed Property, all as more particularly
shown and described on the Condominium Plan prepared,
executed and recorded in connection with the Annexed
Property. The individual interest in the Common Area
contained within the Annexed Property constituting a
portion of each Condominium within the Annexed
Property shall be a fraction having one as its
numerator and a denominator equal to the number of
units shown on the Condominium Plan, prepared,
executed and recorded in connection with the Annexed
Property. All Owners of Condominiums within the
Property, whether within Phase I Property or Property
annexed hereto shall be members of the Association,
their class of membership being determined in
accordance with the provisions of Article IV hereof.
The Common Area within the Annexed Property shall be
owned in undivided interests solely by the Owners of
the Condominiums within the Annexed Property and
access to and use of such Common Area shall be limited
to Owners of Condominiums within the Annexed Property,
the members of their families, their servants, guests,
tenants and invitees. The Owners of Condominiums
within the Annexed Property, the members of their
families, their servants, guests, tenants and
invitees. The Owners of Condominiums within the
Annexed Property shall not have any interest in, or
the right of access to or use of, any other portion of
the Property, whether theretofore or thereafter
annexed hereto except for the Recreation Area and such
other portions of the Property as are conveyed to the
Association for the use and benefit of all of the
members thereof. Notwithstanding anything contained in
this Declaration expressly or impliedly to the
contrary, the obligations of all Owners of
Condominiums within the Annexed Property, including
Declarant, to pay assessments to the Associations,
whether monthly, special or emergency, shall commence
upon the first day of the month immediately following
the recordation of a deed evidencing the initial sale
of a Condominium within the Annexed Property to a
third party purchaser. The Owners of Condominiums,
including Declarant, shall have no obligation to pay
any portion of any special, and/or emergency
assessments levied prior to the date of recordation of
a deed evidencing the initial sale of a Condominium
within the Annexed Property to a third party
purchaser. Notwithstanding the provisions of this
Declaration, the By-Laws or the Articles to the
contrary, the Declarant shall be obligated to maintain
any Recreation Area which is located within the
annexed Property and the Common Area which is located
within the Annexed Property until the first day of the
month immediately following the recordation of a deed
evidencing the initial sale of a Condominium within the
Annexed Property to a third party purchaser.
Thereafter the maintenance of such areas shall be the
obligation of the Association.
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