CCP 06-30-2003 - Laserfiche WebLink

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regulations of a holder, insurer or guarantor of a mortgage encumbering a Unit. 14.02 Owners' Individual Policies. The property insurance coverage fumished by the Association may, but need not, cover the following items within the Units: (i) ceiling or wall finishing materials, (ii) floor coverings, (iii) cabinetry, (iv) finished millwork, (v) electrical or plumbing fixtures serving a single Unit, (vi) built-in appliances, or (vii) other improvements or betterments, regardless of when installed. Each Owner should carry insurance for his or her own benefit insuring the Owner's personal liability and items not covered by the Association's policy, orovided that all such policies shall contain waivers of subrogation and further provided that the liability of the carriers issuing insurance obtained by the Association shall not be affected or diminished by reason of any such additional insurance carried by any Owner. 14.03 Imorovements and Betterments. If any improvements and betterments are covered by the insurance procured by the Association, any increased cost may be assessed against the Units affected. If the Trustee or mortgagee undertakes the reconstruction or remodeling of a Unit as above provided, the same need be restored only to substantially the same condition as was the Unit as of the completion of original construction. . 14.04 Premiums: Deductibles. Insurance premiums paid by the Association shall be assessed as a Common Expense and may be assessed in proportion to risk or . coverage among different Units. The Association may, in the case of a claim of damage to a Unit, (i) pay the deductible amount as a Common Expense, (ii) assess the deductible amount against the Units affected in any reasonable manner, or (iii) require the Owners of the Units affected to pay the deductible amount directly. 14.05 Waiver of Insurance. The provisions of this Section 14 may be waived by the Association because all of the Units are restricted to non-residential use. 15.00 ARCHITECTURAL RESTRICTIONS 15.01 Architectural Control Committee Authoritv. Except for alterations made by Declarant in consideration of its initial sale of a Unit or in its development of the Common Elements, no change to the Common Elements or any exterior or structural portions of any Unit shall be made, erected, altered, placed or permitted to remain on any portion of the Property unless and until detailed plans and specifications and proposals, including plans which show the design, the colors and color scheme, the decoration, the construction, and the materials to be used in construction, the dimensions, and the location and approximate cost of the same shall have been . submitted to and approved in writing by an Architectural Control Committee (hereinafter described) as to harmony of the external design and location in relation to surrounding Units and as to general appearance and quality. 14 .