Doc 5486575 - Laserfiche WebLink

Home Browse Search

sole arbitrator shall determine whether the Proposed Work is necessary, the nature and extent of the work to be done, and affirm the cost. If the arbitrator decides that the Proposed Work is necessary,then the Proposed Work shall be done within a reasonable time,each Unit Owner shall be responsible for the cost of the Proposed Work pursuant to the percentages set forth above, and the Unit Owner(s)that refused to agree to or objected to the Proposed Work shall be responsible for the costs of the arbitration (i.e.,the cost of paying the arbitrator, etc.). If the arbitrator decides that Proposed Work is not necessary,then the Proposed Work shall not be done, and the Unit Owner that proposed the work and submitted it to arbitration shall be responsible for the costs of arbitration. Each Unit Owner shall bear their own attorneys' fees regardless of the arbitrator's decision. 4. Driveway Easement. An easement is granted on, over and through the specific portion over the Common Element as shown on the Second Addendum of the Condominium Plat(the "Driveway Easement")for the extension of the parking lot serving Unit 10. The Driveway Easement shall be for parking, ingress and egress for the Unit 10 Owner and its customers, agents, guests, and invitees. The Driveway Easement shall be constructed,maintained,repaired and replaced by the Unit 10 Owner, and neither the Association nor any other Unit Owner shall be responsible for any costs associated with the Driveway Easement. The Driveway Easement is shown on page 3 of the Second Addendum to Schneider Road Business Centre as the"Driveway Easement." 5. Capitalized Terms. Any term Capitalized in this Amendment that is not defined shall have the definition set forth under Wis. Stat. ch. 703 or under the Declaration, applicable. 6. Recitals. The Recitals are incorporated into and made a part of this Amendment. [SIGNATURES ON FOLLOWING PAGES] 3