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Home My WebLink Aboutlanduse case.AP.805 Cemetery Ln.54A-88 k .-, CASELOAD SUMMARY SHEET City of Aspen DATE RECEIVED: 9~22/88 DATE COMPLETE: "1. 'e271?? PARCEL ID AND CASE NO. 2735-122-60-001 54A-88 STAFF MEMBER: C It PROJECT NAME: Pardee Insubstantial Amendment to an Approved Plat Project Address: 805 Cemetarv Lane Legal Address: unit A. Horan Condominiums APPLICANT: Lee Pardee Applicant Address: 805 CemeterY Lane REPRESENTATIVE: Pardee Development: Representative Address/Phone: P.O. Box 4153 Aspen. 5-8737 PAID: YES NO AMOUNT: $100.QO TYPE OF APPLICATION: 1 STEP: 2 STEP: P&Z Meeting Date PUBLIC HEARING: YES NO VESTED RIGHTS: YES NO CC Meeting Date PUBLIC HEARING: YES NO VESTED RIGHTS: YES NO Planning Director Approval: Insubstantial Amendment or Exemption: v Paid: Date: REFERRAIS : , city Attorney ~ city Engineer Housing Dir. Aspen Water city Electric Envir. Hlth. Aspen Consolo S.D. Mtn. Bell Parks Dept. Holy Cross Fire Marshall Roaring Fork Roaring Fork Energy Center School District Rocky Mtn Nat Gas state Hwy Dept(GW) State Hwy Dept(GJ) Building Inspector Other DATE REFERRED: 9/rJ-7/i! INITIALS: Iff-- FINAL ROUTING: DATE ROUTED: /o731W INITIAL: ~= _ City Atty _ Housing City Engineer _ zoning Other: Env. Health FILE STATUS AND LOCATION: /~~ .~ !"""\ .~ MEMORANDUM FROM: Alan Richman, Planning Director Cindy Houben ,Planning Office Horan Condominium/Insubstantial Amendment TO: RE: DATE: September 28,1988 ---------------------------------------------------------------- ---------------------------------------------------------------- Attached is a copy of proposed plans for an addition to unit A of the Horan Condominiums. The applicant, Lee Pardee, proposes to add two bedrooms to the existing unit. The applicant has adequate on site parking spaces to cover the additional bedrooms. The engineering department requires that the applicants amend the condominium plat after the construction has been completed. The application is consistent with section 7-1007 of the Land User Code regarding an Insubstantial Amendment to an approved Plat. I recommend that you approve the request with the following conditions of approval: 1. That the applicant submit an adequate plat for recordation pursuant to the code requirements for an amended Condominium Plat for the Horan Condominium to the Engineering Department within 180 days of completion of the construction of the addition. 2. That the Zoning Official verify that the addition is within the allowable FAR for the condominium. Approval for an Insubstantial Amendment for the above proposal pursuant to section 7-1007 of the Aspen Land Use Regulations. --~~--~-------------- Alan Richman, Planning Director r'""'" ,~ MEMORANDUM TO: city Engineer FROM: Cindy Houben, Planning Office RE: Pardee Insubstantial Amendment to an Approved Plat DATE: September 27, 1988 ---------------------------------------------------------------- ---------------------------------------------------------------- Attached for your review and comments is an application from Lee Pardee requesting Planning Director approval of an insubstantial amendment to an approved plat. The property is Unit A of the Horan Condominiums. The applicant wishes to construct an addition of 1000 sq. ft. The address is 805 cemetary Lane. Please review this material and return your comments to me as soon as possible. Thank you. .~ .- .' ~!PJf~ c#~ REAL ESTATE DEVELOPMENT POST OFFICE BOX 4153 ASPEN, COLORADO 81612 (303) 92s.1l737 Ms, Cindy Houben City/County Planning Office 130 South Galena St, Aspen. CO 81611 Dear Cindy: This letter is a request for approval of a proposed addition to our residence at 805 Cemetery Lane in Aspen (legal = Unit A. Horan Condominiums). As you know my wife and I are expecting a daughter in January and a necessary first step to obtaining a construction loan is approval by the Planning and Engineering departments. So. your expedient treatment of this request will be greatly appreciated (sounds quite formal. doesn't it?), September 20. 1988 We are planning to add an additional 1000 sqJt. containing a master bedroom complete with views of the golf course and Buttermilk/Highlands/Ajax. a deck accessed from the master bedroom. a master closet with a 15' clothes carousel which provides in excess of 45' of hanging space. a master bath which will have a combination steeping tub/steam room/shower. a large baby's bedroom and bath. The finish will be painted drywall and carpet, We also plan to reroof the entire home with cedar shingles. We will replace the appliances in the kitchen. install new counter tops and tile splashes. The existing master bath will get anew tub with new tile walls. new vanity with new tile counter top, new toilette and new lavatory. In order to assist your appraisal I have included the following: . Plans for the addition - two copies, . The existing plat - two copies. . Proposed new plat - two copies. . The condo decs - two copies. . The sljbdiv;~iuft ~.x.t'HlpUUrt lWlf t,,;UfJ;c.~', fVqr k'eo::-.e",eD . Approval letter from owner Unit B - two copies. . Application fee, $100 check - one each. ,,-., ,-, I am aware that regulations require a new plat prior to approval. Also, a plat cannot be completed until the changes are completed. Please don't let this inconsistency (Catch 22) delay the process, I have reviewed my application with Elyse Elliott in the Engineering Department I would appreciate it if you could direct this application to her. Should you have any questions, or if you require any additional information, please don't hesitate to contact me. Sincerely, Yk ~ LOT SIZE (.345 ac.) 805 ADDITION FAR CALCS ALLOWABLE FAR - Duplex Structure EXISTING HOUSE EXISTING GARAGE ALLOWABLE GARAGE HOUSE PLUS GARAGE OVERAGE REt"'lAING ALLOWABLE FAR PROPOSED ADDITION .~ 15Jl28 sq. ft. 4,920 sq. ft. 1.575 sq. ft. 64 1 sq. ft. 500 sq.ft. 1,716 sq,ft. 3.204 sq.ft. - 1.000 sq. it ,-, ~ Ms, Cindy Houben City/County Planning Office 130 South Galena St, Aspen, CO 81611 ~, SePtember~88 Dear Cindy: I am the owner of Unit B, Horan Condominiums. I am aware that Lee and Laurie Pardee, the owners of Unit A want to expand their unit. After reviewing the plans for the addition I support their application, Should you have any questions, or if you require any additional information, pi ase don't hesitate to contact me, Sincerely, JJJJ. 'l/tlI8~) - I~I~'/.d S ~ IJ ...:::.'"!, :#;; :..~~4 "::'.A.",r.!..~, FEC'':JR:lER I !l , li ~ t 225535 RECEPTION CONDOMINIUM DECLARATION FOR HORAN CONDOMINIUMS (A CONDOMINIUM) ~ ALL IIER BY THESE PRESENTS ,. Ii,:,." WHEREAS,. Stephen P. Horan and Nancy Horan. here- after collectively'called. the .-oeclarant, - are the ow:lIers r. of the following described real property situated in the 11 COunty of Pitkin, State of Colorado: ;, , }: Lot 6. WES'l' ASPEN SUBDI1/XSIOH, Pilinq No. 1-)\ i: I' wnEREAS, Declarant desires to establish a oor.do- ainiWl project under the Condominium Ownership Act of the St.ab of Colorado, and I WUEREAS, Declarant has purchased and constructed a building and other improvements appurtenant thereto on the above-described property which shall consist of two separately designated residential condominlua apartment units, and WHEREAS, Declarant does hereby est.ablish a plan' fo~ the ownership in fee silllple of real property estates consistinq of the area or space conuinee! in each of 1:he condOlUnium units in the buildinq iIIlprOV8lll8ftt. and: the co- ownership by the individual and separate owners thereof. as tenants in c_. of aU of the reIIlIlininq real property hereinafter defined and referred to as the CooIor>n El_nts, NOlI mElIEPOltE. DeClarant does hereby pubUsh and declare that the following terms, covenants.condi~1on.. easements, restrictions, uses, limitations and Obli9ati~,s shall be deemed to run with the l&Dd. shall be a burden and a benefit tv Declarant, Declare1:'. beln,' personal representati YeS. successors &Dd ...191\8 aDd any peRm. aoquirinq or owninq an interest in the real property L~d improvements, their grantees, successors, be,irs, executors, I! "administrators; devisee. or a.519ft_. " i' J r I, I ~ 1. DEFINITIONS. Unle.. the context shall ez- pressly provide otherw~se, the following definition. ahall apply: c.) -Apartment- or -Ontt- .ana an individual air space which i. contained within the UIIfin1ahe4 interior s~facesC". theperlJDeter valla, floors, ..~.' coeilinqs, w1ndows anel door. of the DweII1nq UlLit.. "'~i in the building as shown on the Map aDd. any -nde4~::'.i\. Map to. t>e filee! for record. toqethn with all , ':';P!,'" fixtures and impro~t. therein conta1necl but .::f: }.;" not including any of the structural COIIJ.onenta . :"~';, 'I of the building. if any, within a unlt:, ad lnclud- ~:,' the qaraqe area as constructed, if any. " ,~'';~:~. ."'. , ~":;:. , (b) "Condominium Utlit- means an apart_nt j, '!J~ toqether wit.h the undivided intereat in the General ,,,.~,' " and ,Limited Common Elements appurtenant to .ucb :: I:t:" apartment. " ' I' 'lr.- ",., I" I,: f'. (c) -O\a.er- means a per.on, firm, corporation, partnership, Association or other leqal entity, or any cOllbinatiOft thereof, ~ng one or JIIOre COI1ido- JIl.niUII unita, the term .OwneZ'~c .ball not refer t.o An\. MOrtqaqee, as herein de~iiI,ed, unle.s such Mortgagee lias acquired tiU.e'parsuant to fore- closure or any pr~in9 iD,:).leu o~ forecloaure. (d) -Mortqage- means any zwrtgage, ~cc:d of I':'"':'~ trust, or other security inst:ru.Dt. by whicll . " : Condoadnlum unit or any part thereof 1a eneUlllb4'red. '.'t~~:~ (e)-Mort9agee- .an.any person DAJDed a. the "t. . Mort.gagee or beneficiary WKIer any SlOr~g.ge wbicb "4" encUllbera ,the interut. - of any OWner.. ..:::.~~,. (fl OCOaloon lUeoents 0 ..ana. (1) '!be real property ~n which Lh. building is located. (2) The foundation, col_s, girdolr., be..., supports, MID walla, roof., crawl.pac.... exterior building surface~ and lll1Y oparty w.llo u shown on the Map. (3) 'n18 install.t.ions consisting of tM equipment. and ....t.eri.ls l18king ap the central ..r-o:,;" vices such as tanks, puIIpII, tlUton,. fans, COIiIpzoe8-" ~\ sora, ducts, power, .ewer, light., 9&8, bot and . ..~ cold w.ter, be.Ung, vent.il.t.ing and air conditl.oa":~:': inq and, in qeneral, all .pparatlls and inst.all.U....ii? exist.ing fo" COIIOIOD ...., , : SacIl partly or ....tirely enclo.ed air .pace. as 8ft provided for COIIIIlWlit.y or COIIIOn use, 3~J2 ,ill) I # ;j f .~ ! ! i1 I j! II t " ! (5) All oth.r part.a of the Property nece.sary or coaftAiut t.o ita exiatence, aain- t.ensnce and safety'or.nonially ill =->T, US8. (g) part.. of signated .. General C~I\.. n.-rt.ta" .ans tho.. the ~ B1.4IoiioIlts wllic& . 8ft DOt. de- u .Lia1~":,~'~b.. ' (h) oLiIli tad c........, Il_ts~lIIIINuuo t.hose part.s of the COIlI!lOI> lU_te r.~ for the. exclusive use of the Olmen of la.. t;haa .11 of the Condomini.... unit. ill the Bu1lcl1D9';<: Th. .....- , . ':' . ... face and airspace abo". t.be port.iOU'j)f tile lJZ'OIIII4",.,:, '. desiqnatec! .Exclusive 0.. _. for tile reapectJ._ ",'> .~., Uni t.s ....e Lilli t.ed C_ Il_t.a. C_' so de.l.... , ,'; $, (i) "Entire Preai..... .Preai.... I "Pro'ecrt.- . ',. /. or .Property. _an& .aDd 1nclu4aa the lan4, the :...~ building, .11 illlp~t.II and .t.rl.lctuna tI>.~, and all right., eu_U and .ppurteIlaDC&1i belonqing thereto. (j) .COlllllOn E*ponaea. ..... and incl.... (I) All.... lawfully ""BBed apillat the General Co~n El.-ents, {2} Expenses of admini.tration .~ manaqe...nt, maintenance, repair or replace.at of tlla General C_ Ela.nU. H ~ j! R ~ ii , I' ~ '_"'mJ~.. .."t,.""".~""""",,,.. -2- ~:~,,".,, '":~"j..#<0tt:,;.~,:'i;," '. I'. ~. - '~,'.1:"r ~" ...., '.- 3fl2 ,...181 (j) Expen~p.~ c~cl~~~d cc~n ~xppn8ea by the Uni t Owners. Oc:) -Map. mea.ns the COndominium Map referred to in paragraph 2 below. (1) "Building" ...ans the building impro_t comprising a part of the property. 1m' . '11le ti tle "Mani.qinil:~~ shaU r.i~...'t:O.'7 the pt,rson,# firm or entity which JIllY or sballbe selected and appointed by., t;l\e,..~rs of the ~. lIiI1i...llD~"'" in accor<1ance ...ith. the proviaiona), I .",.:,;;}~~~~_~~:~ :i~~:~~all ca._ to ..", i be file4J!~ recol'd!!iJ!llll';', '1',Ile', llap ahall .s.pic:1: and _' at"" le~t:;,'!:t>.t~~~lOwinq""..~'leqal description of the land and;< ....".;ey, thereof,. the.l!ui14in9 and the location of. the Utli taf;;' V;ithin. ~.~uil4iD.ql, the' perimeter boundary of each Unit,. ~~ ._~""'l!liIobtl... or . other d.ai9ft&tion. 'rhe llap ahall'c:onte1,D~}' I~.. :.'.-ErJ::.ca5plu;.a5~!:~~;::~~~t~=;:.. :::....=i." . fJ~i~iona of ._llnita ..nd thet the Ma~ ..... pEe~';!!!i' :t~equent; t:o subatalltial cOlllpleUaa of the illlpro_te.>,}:"" '"j:~":~"$i~t,~;:i~,;:~,':~,:,::';..,'\_;:.,::'_."'" :~" ':>::-",:,: " ' - ':>':' ,"/,::,,:,~'it:~_ .'~','3' "',,'''''';''''.%D, interpreting the COndomini_ Map the exiat:1~, PhYt!iCial' ~ri8a of each Utlit n construCted shall be" "';.~108~ilialy'~...a ' to ..be ita boUDdari.~. . " " r ".. .' .,; 3 DIVISION OF PROPBR'lT III'1'O COIIDOIlI1IItDlllNI'lS', ":,!'he'real-ProPert;y'_1..n~,41'!1~,,1Jltc)tvo, (~.,~a~ ., :, .iloplti estates, 'each. """" eatate ~isting of. the "PU!'. ;designated uni"" aJlC!,tbe ~~ .inte""at in and.l:Q.t!le">' general COOIIIDII .1....."", .pparl:fl!l....t.to,. ellC!l unit a,,; is &l!" forth on the attached &xhibitlil"wh"lch,bY this zeferillce\ ,,'..de s pert. hUeof.Ilac:Il'._l'D(~).ball b4iidentified. · the IIa bY',,,....:&il4 bW.l"l ""i~&eah...... OA,tibu>i~ . ". ;~, " ,', ,'\, ': ',~", ':,\'f::,:', ""'_. "~.~~...' :+i'i~~~~~~t,~:;S":~<:1ft.~,:;_:.:;:,. .' :,.:-,;-:':' .-.,.,:."';, ':__':,::'::(:-",~~]0'~~':~- 4.: rdJa'rBlf COlllOll'BU:i4dh,r>Aporti~of th4l',:.'? '_ral C_ Bl_ta>1lII:tItl.!R.~"'~liildcr.....-for,th.: c1usive use of the Owners ot, iliaeIi.UtI~t.. zespec:the1y-; __ s being the Limited Common B1_ta.'" . . .' ,.'X-it:::,.<,;;#t,.j~((:)~," :'-_<,..;:':::~:.::.~>;;:;O';::<1<:::':, '::'.:;' ,', -.-,.''', ,:'-- . ~e Limi tad COoaoilIll~L~l(g,~ 't,O~ the ., . elusive use of the individual ~""'tIlIdJ;''6iif,~ckmtified:., . the Map, and ahall, witho..t furth.",:iie~~II!t't1leI.illil.' C....... Ble.nta associated and .ed'vitllt!l..~~tolll\! ~t.t'~ c:-";~n a:e'=~:"'::ai~ :.~tfc::J:r~ :~cP particular Apartlllent Onit to which it 1lII..,aa.iqneclon't1le; to the exclusion of the use theNaf by the OliJierCa), of llAit except by invitation. All of the own.... ofcoi'A......1.... units in this condomini"", project shall have a non-exclllS1. right in common with all of the other .......... to .. C)~ .,', . walks. pathways, roads and streeu located vitbiza' 't:IMIi~: con4oainiUJll project, if any. No referencet.bereto"vbe, auch limited common elements are exclulve or ftOn-exclual... need be_de in any deed, instrument of conveyam:e,. or 0 .", l~trument, and reference is made to the provialon of graph 6 of this Declaration, f I " I. i: I: -3 \......_..~' 1""'\ -.. " _. - }:7;':;~0~~L.:.j.~~\:k"i~;~^;~lr~tij:"..,.....~- ...:. )(,,) ,j.!c 182 5. !~r?A.F-:.;...E::';:T.t G'F ;, :';':::'" E~'!.-::::-" :",,:.:' a::.c t.::.e lmdivic.ed i:::.teres't. :..::: ""'.e c.e'.(;::'"c.;. Co:-:6c?' E:€.~".:'$ ~,:: :..he Li1'lited ,Common tle:oer:t.s, :..f a:...... a-:;-:;-..:;,-:'(:,"a.:".'t :':..ere-:.: s.:-..a::' beinsepara.:,le a..*':.c ~.o:c.-?art.:''::~,;..r:.ab::''ea.''lO ~ ., ..~ '-o"".e'~'" leased,encumbereC. d-e,-:.se.o. or :r..::e=:':'e_~ ~~.f.y:"as ~.a'.c;~,,~;.: ainiua Onit.. 6. .KET900 OF DESCRIPTIOS. Every co:: ~r act. for :":.e sale of a con~~um uc~t an~ every other i;st~:::t ~f~~=~- c ~. e:.o a co~do~::._........ ~ ~:. -.:' :..:,s.::::- _~ :..-.,;:': C'c::.c.:tr _:-.~- ~~~ -;~.:. :':-,'€,. ';:.::' :.:.=c:Oe= ;:;:.:. .::.:.:..:._.:.:.:.= :5.e::;:..~.::,::.-:::::: s::-.('?-.~.:, -::..... :":",e ~iu=Xa? APgearinq i::: L~e reCords c~ ~~e co~:.y C:erk and Recor6er of Pitkin Cou:::ty. Cclo:"acc. in t1:Ie fcl::'OW'i:'le fa.shio::.: . Co.::doE:i14i till. Ohi t , SoraJ::. Condomini o;ms (a condominiue..) acco:-din9' to the Cordo::ti.nium ~? appearin~ in the records of the County Clerk a.::ld Recorder cf Pitkin County, Colorado, i~ Book ____, at ?a~ Such description w~ll be eonstr~~ to descr~ the unit, to- qether with ".he, 4?~t ~c!ivided interest in the COIIIID01:1 elements, aDd to incorporate .al: the' ri<;:hts i.nci.d.eDt toCNDer- ship of a ~'-;"'iU3ll ::&nit and all the li.&it..ations OIl sQC!1 ownership as described in this Oeclaratio."l. , , i , I ! 7, SEPARATE ASSESs><Dl'r A5ll 'l'AXATI05-1I0'flCE '1'0 ( ASSESSOR.. Declarant sba..ll q1.'Ve wrltteD notJ.ee to .tbe Assessor i of Pl.t.kUl Cotmty, Colorado, of the creati.on of ~iUJll; j ~~rship of this property, as is provided by 1..., so tha-: '1'. each Onit and t.~ interests a~t thereto shall be c.ee.d '. a separate parcel and subject to separate assessments and t.a..xation. In the event that for a period of tu.: atly taxes l 6r assessments are not separately asses~ to ea~~ unit owner, but are assessed on the property as a wbol~ ,then each I': 1i:it owner shall pay his proportior..ateshare tbereof in aeco:-cl- . ance vii"...b his perce:Dta~ OlIinercip of the ~riBl ~ t, el~ts . , I e. ~. A Con4oIti.niu. OQ.it may be held and OVtl:edby ncre ~an one person as joint t.en.aJ1ts, as tenants in coeP.IO~. ~ a!'!y lecral entity. or iaany rea.! 'Proper~ ten.aDCy ~elatio~s~:~ ~E~~~~::ed ~~6e~ the laws of Colorado. 9. lIIONPAR'!'ITIOliAllILITf or GElIERAL COII!I:II ELEMEII!S. f 'ftle General CoIDc::>n Elements .sb&l.lbe owaedUl C<:laIIOD by al.J. f of <,!'Ie Owrlers 'of <he 1,partloel'lt llI>its &114 sbdl .--iIl l:lDdiYid-' eC. and. no Owner shal1brinq any actiOll for partitioa or 1- division of <:.he C.eneral. Ccmb:X'l. EleDlellts. IIot:h.1.D9 CODtaiDed I herein s!"..a.l::' be- cor..strued. as a li:tit&tioa of t.be rigtlt of . equitable :;;..ar-:.itionof a CoodominilDl UDit betweeD t:.beOwraers i thereoL b;t s:.:c.h part.i tion shall not a.ffect aay other I Cond6!:.ir:.i ~ t::-. it. l I I . '"'" CSE OF L"X!'!'S; GENERAL AKO LDII'ft:D COIM:lII EI.E:MEN'rS. Eacr. O\.":"le:- sha...l boe ent1.tlec1 to 'ezel'CS1.ve OIiiDe.rship and J:lOS5essior. c~ ;-.is, ~rt::1ent.. Each Ovber aay use the General And ~iJti:.e-e COl!nO:1 Elements in iICCO~V'ith the p':J%'POSe for vhic:: t.:.ey a!'"e ir.t.ended,wit:hotlt b,iDc1eru9' or eneroac:hic.<;, upor. -:'!':e l;n;f"J,l ri9hts of the other o.tDer(s}.. For the purposes :.e:-ecf. a~y pcr-tioa of the CeDer.I ,~ Ele1llleQu showe on ':...'".c CondOlrJ.r:.:. we Map as bearin.g the leqeDd -open space- shall be ?reserv~d as such ~ each. owner for aes.the-t.ic a.n~ visual ;;t,;.:r'X;s:es a..~.:: s~all never be used AS a play or reereati~~a: a=~a~ -.- f 1 i i 'l /""". .~ A~."... , ....":<~...1l'>'~____.~~M.<..,........,;.--':':""~: 0',,;, BCb. "u~y 1 1J s~21l1 :_~ t:"..:.ght c-,-:,;,'_',,"', $(> a;-;r.,' - except ~~ pro~id~e:, "' of a"i" )(.;...,:: may t...: ::,\:r;{'(: allowed :c :-eside '.... .,. ~~,L;:" '..'" ,- ..::;;:. ;''':;': QvV~Inrnc~~a1 la;'l~ ~2~ Cor.dc1"Iir:i'':'!':''. t.'ni-.: fs= not be consider~d t~ Except as ,th<: ~'''''"e:;;. :":'~ ~..(. U'::"'~:"f":; '~'.'._' . :;, ':>:C::: :,: . '~--. - ,€::;;;.;..,;t::':,s, .1."'<':"'," c: ~~~=~~= ~: :~~lde~:ia: :>e ;;i ','l=-: a ':.::. c.':-'~: :. h: ~ :' :"",?~.G.:':: . ':;"l::::>':".( ; _:-:,:,3<,:'5 ~t.;;: 1 ;"':: c:;~. o':.~:..;: :',,'l 50"- a ::;r~,e, :'t ':..<:: ~. :-",", , . (. : ,'. :,",,? ~, t~: shall be al1c-wed. o?>::('t:':. ?os -,"::;:":'<'::'C a~. ::"".12 o...."':-..;>:-:=-. "Short-te~ :-enta:s" S"'3:: ;::..,:- ::f~::,;E'c. ~5 '::e;:.~:',c:.es c: ~es.s t.han SlX (6) mor::t.!'.s C:urati::-n. ':':.es,<: :~;:'':'-:'i':i';.~:'':'.3 shell te~,inate i~ ~~e same manner ~$ the rich';. 0: ~,~st re~~~~l In paragr~?h 2~. . . 12. F.;Sf.:",;,~n's fOR ENCR,)ACH!o".E.NTS~ If ar:v :x-,:-tio~ of t~!(? G<:!".~.~:;rct'~~"';'1 E.le:!l'\€;.ts :',0.. cr!'lereafter. e:,croaches upon an A~art~nt. a valid ease~nt for ~~e ~ncroach~~t a:'.~ for the mai~te~a~ce of sarr~, so long as it stands. shall anc does rxi~t. If a~y ~rtion of an Apartment no~ or here4:fter er,croac~es u::.o-:::-:-: tt-,e General' Commor. Elements or upon the acjolning ;Fa~~~~t, a valid ease~nt for the encroacnment ?~d f~r t~e ~air:tenance of s~~, so 10no as it stands, shall and does exi=t. For title cr ot~er purposes, such encroachment ane easements shall not be considered cr ~etermir.ed to be enc~ranccs either on the General Co~n Element..s or the Aparu!''1Emts. 1'he io!'"eqoln.-;: :.hall apply. as well, in the e\~n~ of the p~~tlal or total d~str~ctic~ ~: t~l~ buildinc, either of t~leU!1it:.sor ot..~er i::l::::rover.;e:~:"<: r.:ol!l?risi!~(':' -all or :.l. pa:!'t of t:\e general commOn ele::<c~:s and the subs~quent rebulldi~g O~ reco,,5tructio~t..h~~e~f. 13. TERMINATION or !o';zcri:.,'\rc' 5 ::'1:::-0 F:r~HTS ;.sr. l:~DEMN!rrc.;..T!ON. No labor performed or In.:::te:-:.a.lS :...::-r,isned and incorporated in an Apartment with t~e C0~S€r.t or at the ~e~~est of the ~er thereof or his aq~nt ~r~is c~ntractc~ or "subcontractor shall be the basis for fiL:,:::: of ~ lien against the Apart.ment of any other o....ner nnt.ey.press~;' con- s~~ting to or requesting the same, or a9ainst the C~~cral Common El~~ents owned by such other ~~ers. Each OWner shall incernr,i fv and hold harmless each of thE" other 0\0I""'€'."'!l !r~~ and d~3:~F: ~ll ~:at;:.l:~y arisir.q fr~r ~~e c:3i~ c~ a~y li~:j C:l9";'flSt t.:.tO' A;'Q!'.i1~;)t. "'[ Gny other .;)...::'lc>r or Clga,l!ist t.nc- Gene:al Co~~n Eleme~ts fer c?nstruction performed or for Jaber, rr.at.erlals. sen'.:.ces, or other prod1;cts incorporated i:1 C':: othe:-..ise at" r;:,;:,',"<:.a~le to the o-..-ner's l.cartment at such 0wner's :-equest. :-<~.t....'~ t.hst,;:lldingthe foregoing, any mortgagee of a C2.,.,::.::.,"!"..;-,iumu:-;it. \0,'''::' ,;,;,all becume an owner of a condominiUftl 1Jni~ by ~'i:e""d :~ lie:..:. c.: :8::t.'2:~~ureshaU not be ',:nder any c.ol~ca.';._c;-, 'J :::1ce-;:-:::;:.:y ."'~.:: :~Q.l.C harr::less _~r.';' '.)ther owner a9a.:.nst jl~:.l"ity :Or ~;a:ms aiising pr:or tc the date such n::- :-'t"cl~~ :.'''' c='l':'les an O.....:1~':r. ,\:~:..;;SL;'.'R';:!O~ ;~~: ,"~NAGE.MES'T. Each ~mer shall r_anage his o;::;--:--~'::~t 3:":C s~an: management of t.h€'qeneral cor-::"~ :.:.i.e~.er:ts :::J-e~:....::l;y ....,;,th the otr.er owner, 'unless the 'J.mers of oc~.h ,':.: ~s ac~ee upon the appoJ.:-;t...~nt of a Hana:::ing ';("e:-:~ tc ad:,:",~~j1_-. ;' h,::,~h ur.its and the common elements. ~c-:.,i:::;E'so'f A;:'~'>(~".,~,",:~ ,'": trH? ~anaging A')ent ~y the Owners of l\!n~s here'';:1d~.: :A." ;':ac~-i of record by the Manager insofar as required L';' "~'~ ~!'.,,::-~:ce. 15. RESE:R\',:,:: ;.. t~;:'::-ESS'''';:M:AJNTENA.''cr. PEPAIR AND r....tRGi:r~C:rs, .~~':~::t~:' - ""T":--- ~.~"'e t~e l rrevocable rlqht 'to r;-i:l....(. 2.c::es::; ':D ",",1-' ::,t: :.. ~:':"" tf2d C(;~.."'K..'r'. Elenents ai-:;:....rte:-,a:lt t~~~.!.~: ., ~ 1 :"Ie' 6....! ~~.; :-c'2.scnable hOl;rs as may be necessary for :h(, ::.S.;;~ctlC'r:.. rr.aintt;r:.ance. repair or replacement of .:my . ~ t:.)~ (,{:<t;t'r,-,l Co~o!' E:€'l"'ents thereon - 5 - r""'. .~ ~, t,. ':.1.1:ll."',,~~ ':<.....;. ,-'0,"_., .~ ~ ....~ _ -:7---'-'~~~t::-~,:,-"';7'''~~ -."~~..?:1!;-h:.-i,'t:~ . .'''' :}'J2 1&5 BESl ,",Ut-'V ci.'..Jd.:.,.S; i!'.s"':'Yi;:;.':';;-, ~.".a:: ~'_ c:'.;e :->:.;.:-..~.-,: a'::'..a~.=e 0:"'. t..';{". first day 0: c.ach :x;.:-.'_;"";. ;~"':r.: :"..?l:ib:-;.:~.q J..sP~<:" c:- ':,t.ner o..'..er incurrir.g the cos:. s:-,al: r-:rer..-ar€ a:-'.c del:..,,,,:,, c!' ~_;o~.i.to eac:-. ().;ner an iter.-izec. rno:-.t.!::... sta:.e!"\€::-;~ sho.....:,.= ,:he '..i:.r:c',:,s estimated or actual expe:.s,e.s ~or ..'hieh t:lE' ~ssess::-.e"tS are made. Cor,triout'ioDfor r.rnt:>-ly as.s~SSl'rlE:!:-.t5 shall be prorat.ed if the o~ershi? of ~ ~ondc~ini~~ wnit co~nces O~ a day other t.'1an the first day of a montl'\. A$sess~nts f~r th~ r~~sonable actual common eX~:lS~SJ:'..aV be r::a.de, ':;.... t..!"i'2!J;a7,as;ir,c J,~~:':,~_, c:- C",.".~r- incurrlng the same:, aIOOng ot.tler t.hl.nz"s.for t.r,e :.c.i.l'':,:'''lflQ: expenses of management: taxesan~ sp;cial assessroe~~s, ~ until separately assessee; fire',;-:ns<..:.rance .....ith extended coverage and vanialism and malicious mischeif insurance with endorsements ateached issued in the a.m::lunt of the me xilllUDl replacement value of all of the Condominium Units: casualty and public liability and other insurance premiums: landscap- inq and care of grounds which are general c~n elements (the intention being ~~at landscaped areas which are a limited con:non element shall be the responsibility of the unit owr.er to which that area is appurtenant, the same ahall always be maintained int.'le fashion provided in pa.raqraph 16 hereof with respect to unit interiers): common lighting and heating; repairs and renovations: qarbaqe collections: wages, water Charges, legal and accounting fees: manaqement fees; expenses and liabilities incurred by the Mana9inq Agent or other Owner under or by reason c..fthis Declaration; the payment of any deficit reJl".aining from a 'pre'.J.ous period, as well as other costs and expenses relating to ~~e General Common ~lements. The omission or failure of the Owners or Manaqinq Agent to fix the assessment for any monL~ shall not be deemed a waiver, modification or a release of the Owners from tneir obliqation to pay. No improvements shall be made to the cODlllOn elements....ithout the consent of both of the owners. Additionally, each owner shall be obligated to maintain his pro rata sha~e of a contingency fund in the sum.of Sl,OOO..OO, ,which fund may be Used from. time to time by either owner co secure the obligations contained in this Declaration ~n the part of the other owner to be performed. 20. INSO"RANCE. The Manaqinq Agent or Owners shall Obtain and mainta~n at all times insurance of the type and kind y=~.,,:..d€:d hereinabove, and including for such other risks, of a $i~ila= \.= dissireilar nature, as are or shall hereafter customarily be covered with respect to other Apartment or Condominium Buildings, fixtures, equipaent and personal prop- erty similar in constructio~; desiqn and use, issued by re- sponsible insurance co,rnpanies authorized to do business in the State of Colorado, and as shall be satisfactory to all holders of first ~rtga?es and first trust 'deeds encumberi~9 t~e Unit~.The inscrance shall be carried in blanket policy ferm namir.g the Owners as the insureds, which policy or policies shall identify the interest of each Condosdnium ~nit ~'~er (~.ner's ~ame; unit number, th~ appurtenant uncividec i~~erest in t~e General Co~n Elenents), and which shall provide !or a standard, noncontributory Mortgagee clause In favor cf eae~ first Mortgagee, and shall further pro'vide t:',at.::':.: cannot be cancelled by either the insured or the insur-ant.,' ,::o::-.:",a:-;y UI".til after ten days' prior yritten notice t.o e~c~ fiTst~Ttgagee. The Managinq Aqent or Owners, upon request (.f ar, !lTst MortgClqec, shall furnish a certified copy of sue!". t,;d:.k ';. peliey and tI':e separate certificate ident:fyina t~.' ,~ ('r€'~t of the mortgagor. -7- '"-,"'-'~",~,,' ,,,,", ~1';"'.""'-""'-'---'-"<:""~''"'"'' "'"' 8t:~ I ,",Upy )'l) 'J "_ . Gr: J.-,., : :-, So '_=-.,," ;.':'(~, " ,: :-(. ~.. _'.:- .,.. __ ~ _ i:: ~rcv:~~ ~~a~ ~\e , ,. ..S~,.'.:-_jec ,':"':Y .,'. -.,,-,, :" rc's;x-ct c,'':' :-:".(' :;:tt77( ;::;..::=--:~;:. ..'-_ '-~',_er .=;t:..lty of a b:reac~ cf '..",~.I::6::':.::', ,'-,:"7, :'7"".; !:.;3 lC:'. , ;-.E''';~;,~(:::C 0:' :",o:;~~o:c,- Fliz:1ce..-it:-: any F!"C\.:S~::".~ ':: ~~.:'- ::-.0:.=., _r':.'...d:::-f :-cr:- payr:>er,t of ~r.e j:":"\~:a:,ce ;_:-('~,.:.'~, appl:.c.,;:;lt:" :0 t.:-,at o..',.er's interest, cr ....:-::0 :>e~~,its cr fa:.ls to prc....er.t t.:~,c hap;>er;i::q of a:-:y E-...en-:t, \,"~;et:-.er ,':!.::::.:.ri!'19 ::-.efore C"l:- 'after a loss, .....:-.ich under the provisions of such' "'XJlic.:,...,:.cld ot~e!"...ir-.e i:;val:.date or suspendt~e e~tlre ~~lic:. b~t t~e ir.s~r~0ce ~~der any such policy, as to tt~ ~n~erests of all ot~~r insured ~'ners ",...Cdt :'" ::...1~~.~ :....:.'.',..~:.....:.. n ~..' :;;~. _..~ '_:~.~.. ',.... c. >.:~.;": "-:- -:-:-: "'.,.: ':"~, <=:l-..E! l~, r:'::-t b(" i !'Wo!! 1 i di! t- , ';.,;. ~_~ r.;; ,",," ~.,~ ~_' :'c,:-:.a::-: _,. :'.;.~l ::::.~('"e ~:;c efft':"ct.. Cnless ~~e ~'hers othe~ise aoree, cie~e~~in~t~o~ of maximum replacement value of GI1Ccnd~rr~ni~~ Dr-its for i~$Urdr.ce pur- poses shall be made an~ually be o:':€ cr ~re written ir.surance appraisals, copies of which shall be furnished forL~~ith to each Mortgagee of a Condc~~r.i~ Unjt. In addition, each Owner shall be notified of such appraisals. !~:,urance coverage on the furnishings; additions; &ndimprover.ents incorporated into a Unit and all items of r>ersonal prc,t:Je:rty belonglng to an Ovner and casualty and public liabllity insurance coverage,wi~~in each i~dividual Unit shall be the re5ponsibility of the Owner thereof. 21. OWNERS' PEPSONAL OBLIGATION FOR PAYMEN't OF ASSESSMENTS. The amount of the COJllDC)n Expenses assessed 4ga1nst or incurred on account of each Condoadniua U~it shall be ~~e personal and individual debt of the Owner thereof. Suit to ~~~over ~ money jud~nt for unpaid commonexpen~8 shall be ~aintainable by the Managing Agent, or any e9grie~ ~~er ~ithout foreclosure br waivin9 the liensecurinq SAae. No ~'ner r~yexempt himself froro liability for his contribu- tion towa~cs ~~e Common Expenses by Waiver of the use or en- joymentofany of the Co~~n Elements or by abandonment of his Unit. 22. LIEN FOR NOh~AYMENT OF COMMON EXPENSES. All i s~~ due but unpald for the share of Common Expenses chargeable~ to any CondoJr.iniWl'l Unit, including interest thereon at eight 1. percent per annum, shall constitute a lien on such unit sup- erior (prior) to all other liens and encUmbrances except: fa) Tax and special assessment liens on the :.';;.it i;, :avcr of any gowrnme~,ta.l assessing entity; (b) All sums unpaid on a first mortqa~ or first deed of trust of record, including all unpaid oLligatcry sums as may be provided by such encum- b~ance, including additional adv8ne~s, refinance or cx~e~sicn of these obligations made thereon prior to the arising of such a lien. .~ evidence such lien the aggrieved OWner or Manag- ing Ace~t ~~y, but shall not be required to, prepare a written ~otice E~tting forth the' amo~~t of such unpaid indebtedness, ~he ~arr~ of ~he defaulting Owner of the Condoednium Unit and a descrlction of the Condominium Unit. Such a notice ahall be sicned cy the 3gg:rieved Owner or the Kanaqinq Aqent" as appropriat~, and ~~y be recorded in the office of th~ Clerk and Record~~ c! the Co~nty of pitkin, State of Colorado. Such lien ~0r ~he Co~nExpenses shall attach fro. the date of the falL.:..re c! payment of:,'~e debt, and ..y be enforced by foreclost:%'0 :-,:~ the default':i:,r'9 CMner'a Condoaini.... Unit by the ag9'ri(~v('c CNner, or tbe'.!"'.ana9inq Agent in like -8- .--....~,,:~~ " '....... ~ ........:..'\'~""_...,...,., ;J()~ 48- .1 I m.:'!:ner a's a. r.'lO:rt'~6S( . r '~(,.{'d cf tr'...;st ':J~. t';'.31 prc;:>erty upon recording of a nC,t:co.:.' cr claim t.:-.'en'cf. Irl arty sucr: :o=e- closl.lr~ thedef:'u.ltir'9 Cr...:;er shall C>t.' required to pay the costs an, expenses of such proceedings, L~e costs and expenses for filing the notice O~ claim of lier:. ~~d all reasonable attorr.ey's fees i:'lcurred in enforce!:)E'nt of the lien claim. The dt.!aulting C1.mer shall also be required to pay to the foreclosing party a reasonable r~ntal for the Condo~ni~~ Unlt during ~~e period of foreclosure,and the foreclosing party shall be entitled to a receiver to collect the same. Tte foreclosing party sh3.1l have 'the power to bid ~n the COndomir.i~~ ~~it at foreclosure sale and to acquire and held, lease. ::;o:-t.gage and cor:v;:;.y saPe. The "mount of the Common Expenses chargeable against each Condominium Vnit and ~~e costs and expensesl including attorney's fees, of collecting the same shall also be a debt of the owner thereof at the time the same is due. Suit to reCover a money judqment for unpaid Common Expenses shall be maintainable without foreclosing or waiving the lien secur- ing same. Any mortgagee~oldinq a lien on a Condominium Unit u~y pay any unpaid Co~n Expense payable with respect to such Unit, and upon such payment such mortqagee shall have a lien on such Unit for the amounts paid of the SAme priority as the lien of his encumbrance. 23. LIABILITY FOR CO)lMON EXPENSE UPON 'l'RANSFEll OF CONDOMINIUM UNIT. . Upon payment of a reasonable fee not to exceed ten dollars and upon the written request of any owner or of ar.y MortgagE.e or prospective Mortgagee of a Condoainiwa Oni t, the Managing Agent or the: <>.mer of the other Unit shall issue a writtensta,tement of facts k.nown to him, express-ly or ,constructively, setting forth the Amoont of the unpaid Co~n Expenses, if any, with respect to the subject Unit, the a,JfIOunt of' the current monthly assesslDent and' the date such assessment beco~s due, cre~it for advance pa~nts or for prepaid i tellS, inclOOiog but not lim! eed to ,insurance pre- miums ,which shall be conclusive upon the issuer of such statement in favor of all persons who rely thereon in qood faith. Unless such request for a statement of indebtecb.... is furnished within ten days, all unpaid Common Expenses which become due prior to the date of making such request shall be subordinate to the lien of the mortgagee requesting such statement. T:',,;- grantee of a Unit 6hall be jointly and severally 'I' liable with the qrantor for all unpaid asses~ments against the latter for his proportinnate share of the COmmon Expenses up to th~ ti~ of the grant or conveyance, without prejudice I to the grantee 's right to recover from the qrantor the amounta paid by ttle grantee therefor: provided however, that, upon , pay~nt of a reasonable fee not to exceed ten dollars, and 1 UpO""l :.;d tten reques t. any prospective grantee ahallbe en- I title= to a statement fro~ the Managing Aqeneor OWner of the ! other Urlit of facts kno.....n to him, expressly or constructively, 1 settinq forth the amount of the unpaid assessments, if any, with respect to the subject Unit, the amount of thecurre~t monthly assessment and the date that such assessment become. due, credit for advanced payments or for prepaid items, 1&- cluding but not limited to insurance preKdums, which shall be C{)nc 1 us i vp upon the issuor of ...uch .tatement.. unless such reql.:...'st for a statement of indebtedness shall be complied ,with ....i t~nrj tf;~ days of such request, then such grantee shall not be liaole f~r, nor shall the Unit conveyed be subject to a llen for. a~n' unpaid assessments aqainst the fIlubject Unit. -9- 1""\ . -~~,,,,*;.:;,,, ),.,,~.-,~~_.-~,~~'$\"""""'''''''''''' ->-.,...... ,-, c:,...j,_....'.'.;c'~7,::;7:..:.':"'r ...r coPY J'i.! , ". 110,,-, ./ ::;;. ~,)?:-G...._~~:.; ~',::,:.~.:-.. ~.:.;::._~.~::\c:!:-y. ;""-'Y (ho....E:= :',l";al: :'".c.:Z-t.:>-:e :-::::: '--T;~~~:-:: :-;';'7"':-~-t:~.: ',:- _".nxr~a:G'~' Qr e:-:c~~r h:s :":-.tcrcst: ,~"t."':' c! :'"'.:"'~. ~.:::-::..:~.;;: '::- C:':-,t':- securit::i i;,stru."ner',t. ;.. ::.:-S':. ~--::::n:g.age 1'''.2.:: ::>:' :.,:;-;'(0' ~':-,::':;;:-. has first ;:\-:0 ~1\=a~-c.",':. rt:'.~r:ty I..::"de!" :c'i;;?li;:.1:::~' la'.., ~.e Owner of a Cc:-:do:-::.:'~.:..~~ :",.::.t :':"..."lV create ...'..;:-.~~~,= ~..;:',':.~;~;.';'e::, cr: the follO\fo"ir.r: co:",;ci t,j.O~S: {l!. ,1',y sue;. ji..:.:.....c:: :=-crtqa:]E's !thall al"",ays'M subor-c.itl.)t..;:- t.o all of t~,e tc:r!:S. coneit..:.o:"'.s, ccvenants, restrict.io:-.s. US"S. li~,itatlo;ls. obligatior.s, llen for common expe~ses, a~Q other oblio3tions createdbv this Declaration: (2) the Mc~tg~?ee under any junior mortgage shall release. for the purpose of restoration of a~y i~ro~~- It'Ient.s :;r/:':;. the r.1Or'::.?a.<;€"c ;.i':-7.';'H: , ,~ll cf ::.::.:0. r::.'1:'t., t.itlE.' 6:;',1 l..nt.ert:::;.t ;.n a:..-.d t.o t.he f.'Z"oce..:.d.::. :.;.::c.e::: ....::. ...:,::;,:.:.::a;-:ce policies upon said pre~$es which i~surance policies ~~re effected and placed upo:-. the mcrtgaqed prerr...ises by t.."':.e Man- aging Agent or other Owner. Such release shall be furnished forthwith bya junior mortgagee upon written request of ~~e Managing Agent or the Owner or either of them. 25. RIGHT 'JF FIRST REFUSAL BY ()W!."E.RS. In the event any Owne: of a Conco~nlum,Un1t, other than~ Declarant, shall wish to sell or lease the same for a term longer than one (1) year, and sh~ll have received a bona fide offer therefor. from a pros?Ccti~~ purchaser or tenant, excluding an offer from the ~'ner. the $elling or leasing Owner shall give written notice thereof to the remaining Owuers toqe~~er with a copy of such offer and the terms thereof. The remain- ing Owners, individually or collectively, shall have the right to purchase or lease ~~e subject Unit upon the same ter=s and conditio~s as set :~~th in the offer therefor. provided written notice of such election to purchase o~ lease is given to the selling or leasing Owner, or his agent, to~ther with a matching down pay~nt or deposit during the twenty (20) day period immediately following the receipt of ~he notice of the offer to purchase or lease. The rightoi first re- fusal herein provided shall not apply to leases or subleases having a t.~..-m of less than one year and one cay. In the event any Owner shall attempt to sell or lease his Condominium Unit without affordir.q to ~~e other Owners the right of first refusal herein provided, such sale or lease shall be voidable and may be voided by a certificate of noncompliance of the ~'aging Agent or aggrieved OWner duly recorded in ~~e recording office where the Oeclar~tion is !"-?ccrdec. However, in the event the Managing Agent or aogr~eved; o.'ner have not recorded such a certificate of nonco~pl~an~~ I within one year from the date of recording in the case of a I deed delivered in violaticn of this paragraph and wi~~in one year from the, date of possession under a lease executed in violation of tt1is paragraph, such a conveyance shall be conclusively deemed to have.been made in compliance with this paragr aph, and no longer voidable. The subleasing or sublenting of an apartment shall be subject to t~e same limitation~ as are applicable to the leasi:~s or renting thereof. TI1e liablility of the OW'npr under t:.est' c.:'lVenants ~hall continue. notwithstanding the fact tbi::lt :;t' ;:,.a~ have 1€'8sed or rented said interest as provided h~rCln. J!": ,,0 case ",hall therig~t cf first refusal reserved hereln an",:: '.~';C rJc;~t of a:f"'qwner to subject his Condominium Unit, to a t c"'..- ~ ,::.:"..,s, "Drtrya'ge or other security ir.strument. -.lO- -l'IIII",~,,,~ "" .." lii7~~-'~""""'" 'e.<' -.",,",. ",",,~.'," ~... . i ~.). 'l....- ,;~"",_,~"",~, '-.4l-:c'~." .;,....,...;,.,..._.. 1"""'\.. 111~r COpy J('o.) . ,J.... 18.Y The r:~;:-;':. o! ~.~-' extend ,~nc ['t.:.."l !or t:-,e :~:. Colorado. atid ~,: 5:10.. 1 i~.: ;",':; the:t, plus t'WC!1-t:"-c:;e years. ~~~~~al. ~~ =:0Ylded ~~!e~~. 3~a:l .. ,. :,,"0",~ ...';~ ."'. ,"'.1 ";:{'C' ,::::: As:--e:-. :=;urviwr of . . . ~~sce~Qa~:s a~c 26. EXDI..?TIOS fROM :;:(;:-!:' -OF rI.RS" REF"GSA.L. In the event of any default en t~e pa:t ~f anyo-'~er ~"loer any first mortqaq~ which entitles the holder ~.ereCf to foreclose Sd~. any sale under such foreclos~re. including delivery of deed to t..~ first mortoaaee ir: t:.eu of s'.,;ch foreclosure. shall be made free and clear"of t~eprovisicns of ?dragra~~ 25, and the purchaser, or grantee under !':.l("~ o~ ir. 1 icu of fetre- closure, of such Condc;.:~:;:..:.r:'. ~-:;it s~.a~l ~ ";:~€=-'2'I.:po:-, ~nd t.."ere'" after su:;.J~ct. t.o ::.:.C j..~c'...';"$iOI.S of t.h.l.S Oeclarat.lon. If the purchaserf~llowing such foreclosure ~a:~. or 9rar.tee under deed qiven in lieu cf sech ~oreclos~re. s~allbethe ; then holder of the first mortgage, or its r.ominee, the said \ ~older or nOl2linee -r therea-fter sell and convey e.."J.e CondoflliniUJtli Unit free and clear of the provisions of paragra~~ 25, but i its grantee shall t..'1ereupon a.nd ..hereafter be subject to all 1 of the provisions thereof. I i , The following transfers are also exempt iro~ the provisionS of paragraph 25: (a) Transfer by operation of la~ of a deceased joint tenant's interest to ~~e surviving joint tenant(s) ; (b) Transfero! a deceased's interest to a devisee or devisees bv will or his heirs at law under intestacy la~s;. fe) Transfer of an Owner's interest by treasur- er's deed pursuant to a sale fo~ deli~quent taxes; (d) Transfer of all or any part ofa partner'. interest as a result of ......ithdrawal, death or other'" I wise, to the remaining partners carrying on the . partnership business and/or bona fide transfers to I a person or persons bec6min~ partners; a transfer I' .of al,l or part of a partner I s or partners I interests between one or more partners and/or to persons be- coming Fartners; ,. I Ie) Transfer of a corporatlon's l~terest to : t;-,(", :M:":-~O;;S !orr:'lerly o'fming the stock of the corpora-; tion a~ a result of a dissolution. A transfer to thel result~ng entity follnwinq a corporate merger or con- solidation; provided, ~owever, that at least fifty ~,ercent of the stock. o'f the . resulting ent; ~y is ! owned by the stockholders of the corporat~on former- f ly owning the Condominium Unit; 1 (f) Tra.:ls!er by gift. l' i j I i 27. CERTIFICATE OF COMPLIANCE RIGHT OF FIRST REFUSAL. D;::>Orl .....rlttenrequest of any prospeC'tlve transferee, purchaser,_ te~Qnt or a~ existing or prospectivemortqagee of any Cond0mJ,nl"Jr.: Uni t, t~H? ~.ana.ging Agent or Owner of the other Unit shall for~h~ith, 0 w~~re time is specified, at the end of thE time, iSSue 3 ",:r t'.en and acknowledge~certificate in recordabl(' forr.;, {,'viden H1a.: -11- ~~....,.,~..-.4'''''''--''''''' <:; , ...._.,..'.:;>.,~~;.....,........ .'1 iiiTCOPY )',.:' , ], ~u ,. "'. ~ ~ . ...(. .: .. t' ."1 :;..:.' c:- '~.~ _ ,'. ~:',Ce~ ;:,:,::l:3.:;;::~;.' ~: . ,\.. .."",,0:.'. ...,~ s ,; : ':'. ,~. ;"'. t~e !c:~~~c cr :~~~:-= ~~~: ~~~ ~-~~ ~:'e rC~.I~~:~S c,...:',o:;"$ :::i~ ;",0':. ;:<C'C': ,~x~r,-:->;'_ :,~\..= ,~;".:':~ :.c ~~rc;.~S. or :~3S~: 1-, ,"i::-. :"',:'::.~Ct tc ;z;;;;"".(-J t,=,.a 'first ?-'I..':..,;I.:t.... or 1 ts n~,;:,.l ~(',,: : ~ l:. cu 'Of fot"l::'o.: lo:!> <.::-e. .;l;'1C do ':"'.".~ from such f:rs:: .!Iotrtg~gee c:- .:.~_s tlO3""..uwe, ?~",~"":-.~ 4 toparagr:!p!": 26. that t.he d~d!; were :.0 !~'lIct'. :':~'.'l'~' ~' i:1 lieu of fc!"'~clcsure~:1..j ve'r~ r,cts~Je-L't. t:: ~-'f' provisions of f~a::agTaph :'5; ~ ::;. W.t.!'. r~sp.ect ~.:;., ~\;~!' .::0.n:t:';;:~>~...:...:'..i t.r ";~..:l..: whic~ is ~ct in {act a sal~ or :ease. t~at ~~e trans:~r #:11 ~ct be sub)~ctto t,e Frovlslon~ ~! ~a.ragrap;" 2.5" Such a certificate shall be conclusive eviden~ ~! :"'he facts eontained tberein" 28. PERSONA!.. FROPERTY FOR COMMON OSE.. The Mdi!\"C;in9 l~getlt or ar:.y Ovner :M.Y. ....lth ~~e cor-sent of both Owners. ac- qui:-e and hold for the use and benefi totall the COndoilliniu:l. OWners, real, tan;ible and intanqible personal property and ,', may dispose of the' saoe by sale or otbervise, and the beonef1C1Al. interest in JUly such pr?pe-rt:i shall be owned by the Condcm1nl-. :. " OWners in the same proportion a,. their respective interests ,;,_ in the General COmmon Elements and shall not be transferable ~\~ except with.. transfer to the transferee of ownel:.hip ol the .":~:, transferor's t...eneficial interest in a condominium unit, and ,,' no reference tv ~U~.. personal property need be IIl4de in order ! .,; to tr~nsfer it in connection with the transfer of a unit. : +,': Each "'-mer mar use such property in accordance with the purpose I. ,!;" for which it is intended, without hindering or encroach.:.n; Upoll' .:~~}:: the lawful rights of the other e>..ners,.. '!'he transferot title I ...~j:::' to a Condominium Unit unjer foreclosure shall entitle the . ~t.' purchaser to the bene Ucial interest in sl,)Chpersonal p~op- t .~~,: ertyassociated with the foreclosed Condolftinium Unit.. : :; 29. KA.ILING OF NOTICES. Each Owner shall reqlster his Niling address WIth theor-..her Owner or Mana91ng Agent and all notices of demands intended to be served upon. any ()wner shall be sent by either registered or certifie-dlMil, po!lt.age prepaid, addressed in the name of the ,Owner at such 1egi!tered ~~~~i;.o address. All notices or de~~nd5 intended to be ~c~,- ec L;~~ ~he owners or the Manaqinq Aqer.t shall be given by reqistered or certified mail, postaqe prepaid, to the req~s~- erej address thereof.. All notices or demands to be served on Mortgagees pursuant hereto shall be sent by either reqi8t- ered or certified mail, postaqe prepaid, addressed in the name 0.' the !otOrtgagee at such, address as: the Mortgagee may have iurnisned to the Owners or Managing Agent in writir.;. Unless the Mortgagee so furnishes such address, the Mortgaqp,e shall b~ entitl~d to receive none of the notices provided for in this ~'claration. Any notice referred ,to in this sectio~ shall be deemed given when deposited in the United States mail in the form provided for in this Section. 30. PERIOD OF CONDOMINIUM ~ERSHIP,; The separate condOrnln.l~::n (<',tate'-s created by th') Declaratlon and the Map r"hall conti!1ue until this Declaration is revoked in the manner and as is ;:rovided in paragr,a.ph,..l8 or this Declaration. -12- '" .," ,~ , '::' };:~' .. "~. I ~,.: ' t '~.: ~t;~; .:: ;~{. l'.'" "',....:.. " "''.'' :"'f:~"~' ..' '~<:'." . n'''',. .:r.....;,! ~- ",,,,''''._''r J ..,,;.", ..~.. "",""""jp,..,"' ~~".:;" .""".J.. ". ,,),,-~'.-.' ..1""'\ laIr coPy. 1~1 31. G:E?-."!:RAL. -- (a) I! a~1 of the ~=~v~s:o~$ ~~ thlS ~:~ratic~ or Any para~ra?::-'. se:;,te;".Ct;, -::.!~se, ?-"':.rase or -..i-:-:-....~ or the 4?plieat.icn t..:'iere-c! 1:': any circurrtSta:lCes =:--e invalidatedt su~h ir~alidit.v s~311 nc.t a~fect ~- validity of ~~e reoai~der of ~~is oeclaratio~. (b) The provisions c! t~is Declarat~c~ s~all be in addition ~~d su?ple~~tal to ~h~ C~~do~~~~~ Ownership Act of t~e State of Cclc~~co ~~C tc ~ll othar provisions of 1a.... (cl Whenever used ;';e!'~::..;.. ~le-$~ t.....,~ \.-;:,~:-:~e:'('t ..:.a.L.. oU.erviM protli&e, t.tu: ,fO :..n9'--"411r ~~r s,nal.i i:-.clude- tt".e plur.al.the plurAl t.he singu.l.!r.. a.."ld the use of any gender ShAll ir.c:;'ooe all genders. (d) Wherever herei.n vrit:ten respo:uJes or statements shall be required to be Nde by an owner, failure by s~ch owner, to 50 1Mkeill,nc:! Oeliver the8AJ1le shall qive rise to t.be right of t..~e other OW':"ler to threaten to ap?Iy and/or to apply to a court of competent jurisdiction toorCler the sa.IIl!, and in the event of such t.~reat or application.. the party threatening to and/or applyinq for sucb order shall be entitled to recover his COdtS.. including reasonable ~ttorneys' fees in proce3SiD9 and prosecutin;- 'lJuch application or threatenbaq eo so de. , , I INWTTSESS WHEREOF, Declarant has duly executed this ! DeclAration this ~day of July 1980. J i , , j ! I ! , I , i I De.:1arit:. C' . /' "'B-1 - ~e~en 'P. ;;1 . "'- Horan . ./ "-//' ~'. -'~ ,1r. Nancy G - . ~\.. - STAT~ C'f' CO::"CRAOO 55. CODII1'Y OF PITI<IN The foregOing instrument .as acknowledged before Be this .::>' day of ..........-1:- ,1980. by Stephen P.Boran and Nancy Horan. WI~~SS my hand and official seal. ." ' . - .-r- . . t '! .~.~ ",. '. " . " .',r J'~ .' '1 S "- ':)' My commlssion expires: . \:.j:~'7i'..:",(-:, ft.~. - "~-:' ..... Bi''''' ;~.-~ .. .; :e.\.~":' ,.-....-..... ~t 1/:...,.,... k..", Sotat"v Publl.,q" l'i. . .J -13_ I I ! i , j i I I j I I.,... I ~,. ~ ,,- ". ""\;;":~~"~! r .,..... -' - ,-.--r ~ b ",>;. ',')' .S~HEDULEA. Order Number: 15022 Commitment Number: 1. Effective date: April 06, 1987 At 8100 A.M. 2. POlicy or Policies to be issued: :A ALTA Owner's Policy Proposed Insured: Amount of Insurance Premium $ ,e. AlTA Loan Policy Proposed Insured: ( Tax Cert. $ ZOO,OOO.OO Form 100 .' Form 100.30 $ Form 115.1 $ 5.00 $677.00 $ 20.00 $ 67.70 $169.25 Aspen Savings and Loan Association, c. its successors and/or Assigns 3. The eslate or interest in Ihe land described or referred to in this commitment .and covered herein Is fee simple and title thereto is at the effective date hereof . , ",." " .. '""" ., "" vested In: l J. L. Pardee .. .~\. '.", ,;';,~, · ~:::::=::-H:-' ~ONDOH~," (.':~o:n1~)' a<<cording to the Condom n urn Map appearing in the 'records of the County Clerk and Recorde f Pitkin County, Colorado, recorded July 23, 198 in Plat Boo 0 at Page 5, and as defined and described in t e Condomini Declaration for Horan Condominiums recorded July 23, 1980 in Book 392 at Page 179. State of Colorado ~ r~# rr: ,;",'''' 1:"j L'c1g4/14' ../. p/.<, 2- _ ....-. =- ~ ("/0 . Authorized Cof.,ll'\tersigMwre Page 2 STEWART TITLE GUARANTY COMPANY 1652 (25M 3/86) """.