Rec Doc 2016-099081 CONF The Grove Declaration of Restrictions (CC&Rs)

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The provisions of this Section 6.10 are intended to comply with the requirements of the Davis - Stirling Act. If these sections are amended, restated or rescinded in any manner, the provisions of this Section 6.10 automatically shall be amended, restated or rescinded in the same manner. The Board is advised to confirm the current statutory requirements prior to commencing any delinquent assessment enforcement action. 6.11 Assessment Exemption. The Declarant and any other Owner of a Lot are exempt from the payment of that portion of any assessment that is forthe purpose of defraying expenses and reserves directly attributable to the existence and use of a common facility that is not complete at the time assessments commence. This exemption from the payment of assessments shall be in effect until the earliest of the following events: (i) a notice of completion of the common facility has been recorded; or (ii) the common facility has been placed into use. 6.12 Estoppel Certificate. Within ten (10) days of the mailing or delivery of a written request by any Owner, the Board shall provide the Ownerwith a written statement containing the following information: (i) whether to the knowledge of the Association, the Owner or Occupant of the Owners Lot is in violation of any of the provisions of this Declaration, the Articles, Bylaws or Rules; (ii) the amount of regular and special assessments, including installment payments, paid bythe Owner during thefiscal year in which the request is received; and (iii) the amount of any assessments levied against the Owners Lot that are unpaid as of the date of the statement, including any late charges, interest or costs of collection, and that, as of the date of the statement, are or may be made a lien against the Owners Lot as provided by this Declaration. The Association may charge a fee to provide this information provided the fee shall not exceed the Association's reasonable cost to prepare and reproduce the requested items. 6.13 Assignment of Rents. Each Owner covenants and agrees that the Owner's interest in the rents, issues and other profits from the Owners Lot shall be assigned to the Association if the Owner is delinquent in the payment of assessments and the Owner is renting the Owners Lot. The assignment is effective automatically on the date of the recordation of a notice of delinquent assessment establishing a lien against the Owner's Lot. The Association shall be entitled to enforce the assignment pursuant to the provisions of Civil Code section 2938(c) or any successor statute thereto. The assignment remains in full force and effect until the first to occur of the following: (i) the recordation of a lien release or notice of rescission under Civil Code section 5685(a) or any successor statute thereto; (ii) the payment in full of all delinquent assessments, costs of collection, late charges and interest; or (iii) the date a prior assignee of the rents commences its enforcement action as provided in Civil Code section 2938(h) or any successor statute thereto. Nothing herein limits or affects any other rights or remedies available to the Association to collect delinquent assessments as set forth in the Declaration or as otherwise provided by Applicable Laws. 6.14 Restrictions on Association Funds. Pursuant to the requirements of Civil Code section 5135, no Member funds shall be used for campaign purposes in connection with any election of members to the Board or for company purposes in connection with any other Association election, except to the extent necessary to comply with duties of the Association imposed by Applicable Laws. ARTICLE 7 Insurance 7.1 Owners' Insurance Policv(ies). Each Owner is advised to obtain and maintain, at the Owners expense, a property insurance policy that provides at minimum, coverage against losses caused by fire and all other hazards normally covered under a "special form' policy or its equivalent in an amount not less than ninety percent (90%) of the replacement cost of the insurable Improvements on the Lot. The policy shall contain the following endorsements or their equivalents: agreed amount, inflation guard, Applicable Laws, and replacement cost. The policy shall provide liability coverage in such amounts and for such acts or EDNB\53295\996553.3 27 August 18, 2016