5. HRSR 03-01-2010 - Laserfiche WebLink

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3.4.3. A Storage Area license shall remain with the Owner and the Unit to which it is assigned until the license is iTansferred in accordance with this Section. Subject to Section 3.4.2, a, Storage Area liconse may be transferred, but only by first delivering to the .Association (i) a written transfer certificate, in form approvea by the Association, signed by the transferor and transferee, and (ii) all prior license certificates, and copies thereof, issued with rospect to the Storage Area. The .Association shall review the 'proposed transfer certificate for compliance with this Section 3.4, and if the transfer complies, the .Association sball transfer the license on its records to the Unit owned by the transferee. In the absence of a properly executed transfer certificate to the contrary, a Storage Area license assigned to the Owner of a Unit at the time ofthc Unit's conveyance shall be automatiMly transferred to the new Ownor with the conveyance of title to the Unit, 3 AA, Owners may rent or allow the use of their licensed Storage Area to or by other Owners and Occupants, except as limited by the Board in w1iting, The lease or other use right shall be in written form, and shall terminate when the lessor, lessee or. other user is no longer an Owner ar Occupant, regardless of the terms of any agreement to the contrary. The Owner shall give the Association advance written notice of any lease or use agreement with respect to such Owner's Storage Area, and shall provide a copy of the lease or use agreement to the Association upon its request. The Association may hold, convey and transfer tbo license to, or rent, a Storage Area assigned to it, 3.4.5. The interest of a secured party holding a first lien on a Unit includes the license to any Storage Area which xs assigned to the *Unit at the time of foreclosure of the secured party's lien; provided that, unless the secured party has given. written *notice to the Association of a contrary agreement with the Owner of the Unit, the secured party's consent to the transfer of a Storage Area license. prior to the commencement of a foreclosure action shall not be required if at least one Storage Area remains licensed to the Unit, 3.4.6. The use of the Storage Areas, and the size and types of personal property that may be stored in the Storage Areas, are subject to the restrictions set forth in this Declaration and tide Rules and Regulations approved from time to time by the Board. Any li tens e, ' lease, rental, use, assignment, transfer or purported transfer of any interest in a Storage Area in violation of this Section shall be void. , 3.5. Licensing of Plaza Area, The Owner of the Commercial Unit adjoining the Plaza Area shall, if the Unit is utilized for a restaurants coffee shop or similar food service facility, have a license for the outdoor seating of customers on and within the Plaza Area, The Plaza Area shall be subject to such reasonable Rules as may be approved by the Board from time to time to ensure that noise and activities occurring on the Plaza Area do not unduly disturb the quiet enjoyment of other Owners and Occupants. Such Rules may, but need not, include hours of operation consistent with maintaining the quiet enjoyment of the Property by all owners and Occupants. MPLS-Word 2421$0.3 9