3000 41ST ST WHOLE SITE DOCUMENTS 2026-01-15

(c) the right of the Board to suspend an Owner's right to use .recreational facilities within the Common Area (i) for any period .during which any charge, including Assessments, against such Owner's Lot remains delinquent, and/or (ii) for a period not exceeding thirty (30) days for a single violation, or for a longer period in the case of any continuing violation, of the Declaration, the Bylaws or rules of the Association after notice and a hearing under the Bylaws; (d) the right of the Association to transfer, on behalf of the Owners in common, all or any part of the Common Area to governmental entities under Section 4.8, or the right of Declarant to transfer, on behalf of the Owners in common, certain tracts as described herein; . (e) the right of the Board to impose reasonable membership requirements and charge reasonable membership admission or other fees for the use of any recreational facility within the Common Area; and (f) the right of. the Association, on behalf of the Owners in Common, to mortgage or otherwise create a security interest against any or all of its real or personal property as security for money borrowed or obligations incurred. Any Owner may extend their right of use and. enjoyment to the Members of their family, lessees and social invitees, as applicable, subject to rules of the Board. An Owner who leases their Lot shall be deemed to have assigned all such rights to the lessee. ARTICLE 3 MEMBERSHIP AND VOTING RIGHTS 3.1 Membership. Every Owner shall have a membership in the Association. No Owner shall have more than one membership per Lot owned. If a Lot is owned by more than one Person, all co -Owners shall be entitled to the privileges of membership, subject to the restrictions on voting set forth in Section 3.2 and in the Bylaws. All co -Owners shall be jointly and severally obligated to perform the responsibilities of Owners hereunder. The membership rights of an Owner who is a natural person may be exercised by the Member or the Member's spouse. The membership rights of an Owner which is a corporation, partnership or other legal entity may be exercised only by the individual designated from time to time by the Owner in .a written instrument provided to the Secretary of the Association. 3.2 Voting. The Association shall have two (2) classes of membership, Class "A" and Class "B". 3.2.1 Class "A". Class "A" Members 'shall be all Owners except the Class "B" Members, if any. Each Class "A" Member shall have one (1) equal vote for each Lot in which he or she holds the interest required for membership under Section DECLARATION OF SIMPSON F:\MBS\Polygon\Simpson ProjecflDec CCRs cln4.docx 4/13/2015 Of) #214264.013