7005 YEW ST 2016-01-01 MF Import

monthly atreet light fee, if any, to the Public Utility District of Snohomish County. Such fees are established by the Public Utility District Conmissioner� and include repair, replacement, opecation, maintenance and energy costs. The Association ahall be cesponsible foc the monthly fee until auch fees are assumed by any municipal corporation or other public agency. ( 4.2 MembershiD: Membera of the Association shall �e every owner of a fee or undivided fee interest in any building ait,. subject to covenants of recocd to assessment by the Asaociation and every person who holds a contract purchaser's intereat of record in a building aite. There shall be no other qualification for memberehip except as set forth above. Member- ship shall tecminate on tranafer of fee simple title by an owner or the contract purchaser's intereat by a contract purchaser who qualifies as a membec. if an owner aells a building eite by contract of sale, upon recordation thereof the owner'e membership ehall terminate and the contcact purchaser's membership ehall commence. 4.3 Votinq_,_Riyhts: Owners will be entitled to one vote for each building site in which they hold an interest. If more than one person holds such interest or intereste, the vote for such building site shall be exercised as the peraone holding such interest ehall determine be�ween themselves, pcovided that in no event shall moce than one vote be cast with reapect to.any auch building site. i .. •� � �- •��•� •• 5.1 Membere' Easements of Enjoyment: Subject to the provisiona of Section 5.3 of this Art.icle, every member shall have a cight of eaement and enjoymen:, in and to the Common Properties, and such easement shall be appurtenant to and shall pass with the title to eve�y lot and upon recocdation of a contract of sale of any lot. 5.2 Tit�e to Gommon Proyerties: The Declacant may retain legal title to the Common Properties until such time as it has� completed immprovements thereon and unti: such time as in its opinion the Aasociation is able to maintain the same. Notwithstanding the foregoing, the Declarant ahall convey the Common Properties to the Association free and clear of all liens and encumbrances not later than September 30, 1987. The Declarant if directed by the Asaociation pu�suant to the san,� vote of inembership ae requiced for dedication of the Common propertie3, may convey the Common Properties to a municipal cocporation, public agency or authority rather than convey such Common Properties to the Association. 5.3 Fv*Pnt of Mertbers' Easemente: The rights and easements of enjoyment cceated hereby shall be subject to the following: � 5.3.1 The right of the Association to limit the number of guests of inembers. - 3 -