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1.15. "General Assessment" means an assessment levied against all Members pursuant to <br />Section 6.2 for the common benefit of the Property and the Members, as determined by the Board in its sole <br />discretion. <br />1.16. "Hazardous Substance" means any and all hazardous, toxic, infectious or radioactive <br />substances, wastes or materials listed or defined in any h.nvironmental Law, including Hazardous Wastes <br />and petroleum oil and its byproducts. <br />1.17. "Hazardous Wastes" means any and all hazardous or dangerous waste as defined or listed <br />under the Resource Conservation and Recovery Act, any comparable state statute or any regulation <br />promulgated thereunder. <br />1.18. "Improvement" means every structure or improvement of any kind, including but not <br />limited to buildings, sidewalks, fences. benches, walls, works of art, trees, hedges, plantings, poles, changes <br />in exterior color or shape, and site work (such as, without limitation, excavation, grading road construction, <br />and utility improvements). <br />1.19. "Limited Assessment" means an assessment levied against a Member by the Master <br />Association pursuant to Section 6.4 for costs and expenses incurred by the Master Association for corrective <br />action performed pursuant to this Master Declaration that is required as a result of the willful or negligent <br />acts or omissions of such Member or such Member's agents, tenants, guests, customers, contractors or <br />invitees, or Section 6.4 to equitably reflect the use of or benefit from one or more Common Maintenance <br />Areas by a member or a Member's agents, tenants, guests, contractors or in\ itees that is disproportionate <br />to the percentage of the total General Assessments allocable to the Member (or, in the case of a Member <br />who is a Sub -Association Member, allocable to such Member by such Member's Sub -Association) as <br />determined by the Board in its sole discretion, including, but not limited to, any assessments solely <br />allocatable to a single Member for costs and expenses related to the maintenance of such Member's Lot or <br />Improvements located thereon. <br />1.20. "Lot" means a platted or partitioned lot or block within the Property, but does not include <br />(a) any tract designated by Declarant in this Master Declaration or any Supplemental Declaration as <br />common or open space or greenway, including New Lots 6 and 7, as depicted and legally described in the <br />Site Plan, (b) any platted or partitioned lot, the owner of which by virtue of such ovv nership is a member of <br />a Sub -Association, or (c) any Condominium unit. If a Lot in existence as of the date of this Master <br />Declaration is replatted by an Owner other than Declarant or an Affiliate, the Lot that existed on the date <br />of this Master Declaration prior to the replatting shall continue to be treated as a Lot for purposes of this <br />Master Declaration. unless Declarant _joins in recording a Supplemental Declaration designating additional <br />Lots If a Lot is replatted by Declarant, Declarant may unilaterally record a Supplemental Declaration <br />designating additional Lots. <br />1.21. "Master Association" means the non-profit corporation formed or to be formed to serve <br />as the association. of Members as pro\ ided in this Master Declaration and such corporation ' s successors <br />and assigns. The Master Association shall be known as "Riverfront Everett Owners Association." <br />1.22. "Member" means any person or entity, including Declarant, at any time owning a Lot. <br />Owners of any Lot developed as a Condominium project shall hold their membership interest m proportion <br />to their interest in the Lot, as more particularly described in Section 3.2. <br />1.23. "Mortgage" has the meaning set forth in Section 11.3. <br />4 <br />4864-8276-8240, v. 14 <br />