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*Such Association shall be organized as a non-profit corporation for a perpetual term under the laws of the State of Michigan
* Membership in the Association shall be mandatory for each owner of a single residential lot.
* A member shall be defined as every person or entry who is a record owner in any lot or parcel, but not including any owner who has sold his interest under the executory land contract. During such time as such a land contract is in force, the land contract vendee shall be considered to be the member of the Association for the purpose of computing voting rights and liability for maintenance charges hereunder.
* Each member shall be entitled to one (1) vote for each lot in which they hold the interest required for membership. When more than one person holds any such interest in a lot, all such persons shall be members. The one (1) vote for such lot shall be exercised as they, among themselves, determine.
* The title to the common areas shall vest in the Association and shall be subject to the rights and easement of enjoyment by its members.
* The Association shall have the authority to make and enforce regulations pertaining to the use and maintenance of the common areas, which regulations shall be binding upon the members of the Association.
* The common areas may be used for recreation, hiking, nature study, picnicking and other uses for the benefit of its members, which may be determined by the Association and approved by the City. Recreational facilities, including but not limited to tennis courts, picnic shelters, grills and fireplaces, playground equipment and similar items may be constructed in the common areas by the Association, if done in conformance with the ordinances of the City. All residents of Green Hill Woods and guests accompanying said residents shall have equal access to the common areas and all facilities located thereon, subject to the rules and regulations established by the Association, including the right to place limitation on the number of guests and the right to limit or exclude residents and their guests if such residents or the members owning the property in which they reside are in default in the payment of assessments or in the performance of any other obligations required by this Declaration or of the Association Rules and Regulations.
* The Association shall have the right to suspend the rights of any member in connection with the common areas for any period during which any assessment remains unpaid and for any period not to exceed thirty (30) days for any infraction of its published rules and regulations.
12.All of the residential lots of the members of the Association shall be subject to an annual assessment charge to be paid by the respective owners of the land annually, on the first day of January in each year. The amount of said annual assessment charge is established per lot, and said annual, charge may be adjusted from year to year by the Green Hill Woods Subdivision Association, as the needs of the common areas may, in their judgment, require. Approval and consent in writing of fifty-one percent (51%) of the members of Green Hill Woods Subdivision Association, shall make any such additional assessment binding upon all of the owners of property in said Green Hill Woods Subdivision.
* The annual assessment fund shall be used for such of the following purposes as the Association shall determine necessary and advisable; for improving and maintaining the common areas, and the entranceways of the development; for planting trees and shrubbery and the care thereof; for the purchase, installation and/or maintenance of such improvements as tennis courts or similar recreational facilities which may be constructed by the Association; or operating any community service; for purchase of insurance; and for doing any other thing necessary or advisable in the opinion of the Association for the general welfare of the members; for expenses incidental to the examination of plans and the enforcement of these restrictions or any other building restrictions applicable to said property; or for any other purpose within the purposes for which the Association is incorporated.
* All assessment charges, which shall remain due and unpaid thirty (30) days after the date that they are due, shall thereafter be subject to a penalty at the rate of one percent (1%) per month or part thereof.
* It is expressly understood and agreed that the annual assessment charge shall be a lien and encumbrance on the lot with respect to which said charge is made, and it is expressly agreed that by the acceptance of title to any of said lots the owner, from the time of acquiring title thereto, shall be held to have covenanted and agreed to pay the Association all charges provided for herein which were then due and unpaid to the time of his acquiring the title, and all such charges thereafter falling due during his ownership thereof. A certificate in writing issued by the Association or its agent shall be given on demand to any owner or prospective purchaser liable or who may be liable for said charges, which shall set forth the status said charges