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6. 1. B. - Page 48
<br />1.26. "Eligible Insurer or Guarantor ": An insurer or governmental guarantor of a First
<br />Mortgage.
<br />1.27. "Exclusive Use Common Area ": Those portions of the Common Area set aside for
<br />exclusive use of an Owner pursuant to Section 2.2.C, and shall constitute "Exclusive Use Common
<br />Area" within the meaning of California Civil Code Section 1351(i).
<br />1.28. "First Lender ": Any person, entity, bank, savings and loan association, insurance
<br />company, or other financial institution holding a recorded First Mortgage on any Condominium.
<br />1.29. "First Mortgage ": Any Mortgage recorded in the County made in good faith and for
<br />value on a Condominium with first priority over other Mortgages encumbering the Condominium.
<br />1.30. "Foreclosure ": The legal process by which a Condominium owned by an Owner
<br />who is in default under a Mortgage is sold pursuant to California Civil Code § 2924a et seg. or sale
<br />by the Court pursuant to California Code of Civil Procedure § 725a et seq. and any other applicable
<br />laws.
<br />1.31. "Governing Documents ": This Declaration, as amended from time to time, the
<br />exhibits, if any, that are attached to the Declaration, togetherwith the other basic documents used to
<br />create and govern the Project, including the Map, the Articles, the Bylaws, the Condominium Plan
<br />and the Rules, and any Design Guidelines adopted by the Board or the Association.
<br />1.32. "Hazardous Materials ": Any substance, material or waste which is or becomes: (i)
<br />regulated by any local or regional Governmental authority of the State of California or the United
<br />States Government as a hazardous waste; (ii) is defined as a "solid waste," "sludge," "hazardous
<br />waste," "extremely hazardous waste," "restricted hazardous waste," "non -RCRA hazardous waste,"
<br />"RCRA hazardous waste," or "recyclable material," under any federal, state or local statute,
<br />regulation, or ordinance, including, without limitation, Sections 25115, 25117, 25117.9, 25120.2,
<br />25120.5 or 25122.7, 25140, 25141 of the California Health and Safety Code; (iii) defined as a
<br />"Hazardous Substance" under Section 25316 of the California Health and Safety Code; (iv) defined
<br />as a "Hazardous Material," "Hazardous Substance" or "Hazardous Waste" under Section 25501 of
<br />the California Health and Safety Code; (v) defined as a "Hazardous Substance" under Section
<br />25281 of the California Health and Safety Code; (vi) asbestos; (vii) petroleum products, including,
<br />without limitation, petroleum, gasoline, used oil, crude oil, waste oil, and anyfraction thereof, natural
<br />gas, natural gas liquefied, methane gas, natural gas, or synthetic fuels, (viii) materials defined as
<br />hazardous or extremely hazardous pursuant to the California Code of Regulations; (ix) pesticides,
<br />herbicides and fungicides; (x) polychlorinated biphenyls; (xi) defined as a "Hazardous Substance"
<br />pursuant to Section 311 of the Federal Water Pollution Control Act (33 U.S.C. Section 1251 et seq.
<br />(xii) defined as a "Hazardous Waste" pursuant to Section 1004 of the Federal Resource
<br />Conservation and Recovery Act, 42 U.S.C. Section 6901 et. seq.; (xiii) defined as a "Hazardous
<br />Substance" or "Mixed Waste" pursuant to Section 101 of the Comprehensive Environmental
<br />Response Compensation and Liability Act, 42 U.S.C. Section 9601 et sea. and regulations
<br />promulgated thereunder; (xiv) defined as a "Hazardous Substance ") pursuant to Section 401.15 of
<br />the Clean WaterAct, 40 C.F.R. 116; (xv) defined as an "Extremely Hazardous Substance" pursuant
<br />to Section 302 of the Superfund Amendments and Reauthorizations Act of 1986, 42 U.S.C. Section
<br />11002 et seq. or (xvi) defined as "medical waste" pursuant to Section 25023.2 of the California
<br />Health and Safety Code, Chapter 6.1 (Medical Waste Management Act).
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