6.2. SR 03-01-2010 - Laserfiche WebLink

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3~~.5. Tlae interest of a secured party bolding ~. first Iien on a Unit includes the license to any Stall which is assigned to doe Unit at the time of foreclosure of the sec~~red pa~.y~s Iien; provided that, unless the secured party has given written notice to the Associatio;~ of a ca~n~aY~r agreement with the Omer of the U~.it, the secured party's consent tb the transfer of a Stall license pxior to the catnrnenccment of a foreclosure action shall not be required if at least one Mall rerna~.s licensed to the Unit. ~ . x.3.6, The use of the Stalls and the Garage, and the size and types of cars and. other vehicles which may be l~ep~ in the Orarage, are subject to the restricfians set forth in this T~eclaration and the Rules and Regulations approved from,time to fine by the ~aazd, The Association shall apply far and inaii~tain any permits required far the Garage. . Any l~icerise,' Iea.se, xental, use, assignment, transfer or purporled transfer of any interest in a Stall in violation vfthis section shall be void, 3,4, ~~~~~g~ A~;~as. A, po~~ian of the wilding Oomn~an ~Iements incl~ides storage areas~const~cted as a part of the orig~al aonstra.ctian of the ~~iilding ~oo~lectively the "Stagy+age .Areas" ar individually a ""forage Area"}, which may be licensed to and reserved far ~tse by Owners and Occupants of Units, and their tenants, The Storage Areas shall be licensed by the Association to the Units by operation ofthis Section 3,~4 as authorized by -~eGtiOn SIS~~~~i~2~.~) . of ~OtOA.. ~ The Storage Areas shall be licensed, and fhc operafian anal transfer of the Storage Areas shall he administered by the Association, in accordance with this Section 3,4. The fallo~ring~ conditions and restrictions shall gave. the licensing, assignment, use and transfet~ of the Storage Areas. ~,~~~. The exclusive license to use an.e o~~ more desig~~afed storage Areas nzay be granted as a part of the conveyance by the Owner of a Unit that has not been previously voluntarily conveyed as of the effective date of this ]~eclaratian the "Original ......._. _............. _._..... ,.....M...~eller.").~ 'phe original ~ener shall .file with the Assaciatian..written notice of.the ~Unlt...... aonveyed and the~iden~fier for the Storage Area. A.dclltiQnal Storage A~+ea llcensas shall be issued by the Association pursuant to this Sect~ari ~,~ upon .fie filing with ,the . Assaciat~an oi`a similar written notice by the ~~.glnal Seller, l~ffective upon the filing of . the notice of~ Storage :A~ea assignment with the Assoaia.tion, the identified Storage Area shall, by operation of this Section 3.~, be deemed to be licensed by Elie Association as of the date set Earth in ~e notice ~to the Qwner of the Unit designated in the i~atice. A . certificate ~ evidencing the Stax~.ge Area license slaa.Il be executed by the President ar Secretary of the Assaciafian an behalf of the Association and made available far tirneiy delivery to the Owner of the Unit to which the license xs assigned, ~ Any Sxarage Areas reir~aining unlicensed aflei~ all Units have been initially, voluntarily conveyed may be reserved. for handicapped parl~ing ar assigned to the Association. . 3,~,~, Upon and following the initial licensing of a Storage .Area, tl~e use rights with respect to the Storage Aran shall be deemed to be parpet~.ially licensed by the Association. exclusively to the Owner of the Unit to ~rhich the Storage Area is assigned, subject to the provisions of Section 3.4.x. The Association sllal~ :maintain records identifying ~e Stara,ge Areas, the names of the owners o~ the Units to which they arc licensed and the Batas of assignment and any transfer of the license in accordance wifh the terms of this Section. ~ . MPLS-'Ward 20z~8a3