Shelter Holdings 9/23/2024 (3) - Laserfiche WebLink

requirements and directives, and the Owner and occupants shall at regular intervals remove at its expense any rubbish that may accumulate on the Lot. Any graffiti must be painted over or removed by the Owner of the affected Lot within twenty-four (24) hours, unless the Master Association has contracted for graffiti removal. Any exterior damage caused by‘ andalism or break-in must be secured and covered by the Owner of the affected Lot within two (2) business days. 8.13. Repair and Repainting. No Improvement on any Lot shall be peiinitted to fall into disrepair. Each Improvement shall at all times be kept in good condition, repair and appearance and be adequately painted, repainted or otherwise finished. 9. MORTGAGEE PROVISIONS. 9.1. Notices of Actions. If the first Mortgagee on any Lot has so requested of the Master Association in writing, the Master Association shall provide copies of any notice from the Master Association to any Owner or Member under this Master Declaration to such first Mortgagee simultaneously with the transmittal of same to such Owner or Member, including, without limitation, any notice of any condemnation loss or any casualty loss which affects a material portion of the Property or the Lot that is subject to such Mortgage, any delinquency inthe payment of assessments or charges owed by an Owner of a. Lot subject to a Mortgage or of any default in the performance by the Owner of the encumbered Lot of any obligation under this Master Declaration or Bylaws of the Master Association. 9.2. Cure Rights of Mortgagees. Upon receipt of a notice form the Master Association of a default by the Owner of a Lot subject to a Mortgage, a Mortgagee that holds a Mortgage encumbering the Lot owned by the defaulting Owner may, but shall not be obligated to, cure any default of such Owner within thirty (30) days period following the expiration of the time period afforded an Owner under this Master Declaration to cure a breach. Notwithstanding the foregoing, with respect to any default of Owners under the Declaration that cannot be remedied without a Mortgagee obtaining possession of the Lot owned by such defaulting Owner, any cure period afforded a Mortgagee hereunder shall not commence until Mortgagee obtains possession of the Lot, so long as all monetary defaults which reasonably can be cured by Mortgagee by the payment of money are so cured, and provided that Mortgagee commences to exercise any rights to obtain possession or to effect foreclosure, and diligently pursues the exercise of such rights thereafter. 9.3. Furnishing of Documents. The Master Associationshall make available to Mortgagees, at their request, current copies of the Declaration, Bylaws, Articles of Incorporation and Rules and Regulations. 9.4. No Priority. No provision of this Master Declaration gives or shall be construed as giving any Owner or other person priority over any rights of a first Mortgagee of a Lot in the case of the distribution to such Owner of insurance proceeds or condemnation awards for losses to or taking of the Common Area. 9.5. Consent of Mortgagees. Notwithstanding anything herein to the contrary. (a) neither Declarant nor any Owner may withdraw any Property or portion thereof from this Declaration or change the boundaries of any Lot or portion thereof, in each case, without the prior written consent of all. Mortgagees holding any unsatisfied Mortgages duly recorded against any such Property or portion thereof, (b) no amendment of this Master Declaration shall be effective to terminate this Master Declaration or otherwise modify, change, limit or alter the rights expressl} conferred upon Mortgagees in this Master Declaration with respect to any unsatisf ed Mortgage duly recorded unless the amendment shall be consented to in wasting by the holder of such Mortgage, and (c) the consent of the holders of at least 67% 19 4864-8276-8240, v. 14