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2.01 PURPOSES. The purpose of this Association is to carry out and exercise the duties, rights and responsibilities of the Association as set forth in the covenants, conditions, easements, rights, restrictions and obligations as contained and delineated in the Declaration of Covenants, Conditions, Restrictions and Easements for STONEBROOK ESTATES HOMEOWNER'S ASSOCIATION
5.01 ANNUAL MEETING. After the Turnover Date, an annual meeting OE the Members shall be held the second Tuesday in May in each year for the transaction of such business as may come before the meeting. If such day is a legal holiday, the meeting shall the meeting be held on the next succeeding business day.
5.02 SPECIAL MEETINGS. Special meetings of the Members may be called either by the President, the Board or by Members representing in the aggregate not less than one-fourth of the votes entitled to be cast at a meeting of members.
6.07 states that the Association Board members do not receive compensation. Some of these members go well beyond the norm to help reduce Association expenses.
7.02 It shall be the duty of the Board to: Foreclose the lien against any Lot(s) for which assessments are not paid within thirty (30) days after due date or to bring an action at law against the Owner personally obligated to pay the same;