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2009_0126_Packet
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2009_0126_Packet
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1/6/2012 3:24:10 PM
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4/20/2009 9:31:00 AM
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Section 11. Exempt Property. The fnllow��g property s�bj�ct to this <br />�ecia�atTan sha11 be exempted f rom the assessme�r� charged and lien created <br />herean: <br />a. Ail propert�es to t�e extent of any easeme�t or ather <br />tnteres� iherein dedicat�d and accepted by the lvcal pub��c aut�ority <br />a�� devated �o p�biic �se. <br />�. R11 properties exem�ted from t�xation by the iaws of the <br />State ot Minn�Sata upon �he te�s and to the ext�nt of such legal <br />exemption. <br />c. Ali Gamman P.^a.perties as def3ned in Rrt�cie I, S�ec�ion 1, <br />hereaf. Notwithstanding any pravision h�f�if1, np la�d or �[nprove- <br />me�Ls deva�ed to dwelling use shal� be exempt from said assessmen�s, <br />ct�arges or ] i ens . <br />RRi'ICLE VI-R <br />CQV�NANTS F'4R INSI�RANCE <br />��� <br />Secti on 1_ Mai nter�ar�ce of Insuranee. Each Owrter af any Lot , except <br />tne Developer, by acceptance o� a Deed �herefar, whether or not 3� st�ail be <br />expressed in any such Deed o��- ot�er cfln�eyance cavenants to carry, r�aintain <br />and timeiy pay the }�remi um or prer[ii ur�s on a pol i cy o� fi re, extended coverage, <br />var�dal�sm and �tscelianeous r�isc�ief with all risk e�dorsem�nt insurance, such <br />insuranee ta cover a minimum af the ent�re replacemeni cost o� the �iving Ur��t <br />located on eaci� Lot and to be piaced with an ins�rance Company as selected �y <br />the Association, �rovided that such frtsuranGe compar�y �s autharized to do bus- <br />ir�ess �� the S�ate af M�nnesata. Such policy may be in tf�e form of an en- <br />darsement of a master �olicy and shai� �e in the name of the Owner and th� <br />Rssoci at�ar� as th�� r respec�i �e �nterests may appe.ar. <br />SeCtion 2. Waiver of Subrc�gation. Ta the extent perm�tted by the <br />5tartdard Minnesota farr� af fire and extended cov�rage ir�surance and to t�e <br />2xt��t benefits are paid under such a policy, each Ow�er and ihe Assc�ctation <br />cEo hereby mutually reiease each form the other, ar�d ti�eir respective offTC��s, <br />agents, e�npiayees and ir�vitees, frorn al� cZaims for damage or destructio� of <br />their respect�ve physical prope�ties if such damage ar destructian res�its <br />frflm arr� or more perils cavered by the Standard Minnesota form of fi re and <br />exten�ed caverage insurance. <br />SeCtian 3. �.ien far �remiums. The Association may but shali no� be <br />cequired to make payment nf insurar�ce premiums on behaif of any Owner who be- <br />cames delinq[rent in such payr�ent. In the event that ihe AssociatTan does make <br />such �ayme�t, then such payment and the cost thereof 5ha�] be treated as if it <br />is part oF ihe annual assessmer�t as described 3n Art�c�e VI her�of and 5hail <br />be a charge an the 1 and a continui r�g �� en on the property far whose benef� t <br />such payment is made and also th� pers4nal o�ligat�on of the awner of s�ch <br />praperty at the time when such prerra�um payment is made. <br />ARr�c�.F vi1 <br />PAFtTY WALLS <br />Section 1. Generai Rule� of Law tv Appiy, £ach wai� which is built <br />is part of ti�e arigiRal construc�ion of the homes upon Westwood Vi7iaage i and <br />��aeed on t�e dividir�g line be'Lween the Lots shail constitute a party wail and <br />to the extent �oC i ncar�s� stent wi �h the provi Sions vf th� s Artfc�e, the ge�r- <br />era] ru1es of iaw rega�ding party wal�s and of liab�lity for property da�nage <br />d�e �o r�egjiger�t �r wtl�f�l acts ar omiss�ons shall app�y �hereto. <br />--�- 11/2/91 <br />S�OPS00'd EL9Z069lS:9(��'�} SS�9! 804ZJS�l60 <br />
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