as security for the performance of an obligation. Membership shall be appurtenant to and may not be separated from ownership of any lot which is subject to assessment by the Association. Ownership of such lot shall be the sole qualification for membership. A mortgagee in possession of a lot shall be entitled to exercise the Owner’s rights in the Association with regard thereto.
(b) The Association shall have two classes of voting membership. The provisions designating the classes of members of the association, stating the qualifications and rights of the members of each class, and conferring the right to vote are set forth in the By-laws.
(c) The Association is a “community association” as that term is used in Section 13.1-814.1 of the 1950 Code of Virginia, as amended.
4. The directors of the Association shall be selected by an election held at an annual meeting of the members of the Association. Subject to the provisions of the By-laws of the Association, directors shall hold office until the next annual meeting and thereafter until their successors are duly elected.
5. The post office address of the initial registered office of the Association is 11350 Random Hills Road, Suite 600, Fairfax, Virginia 22030, in the County of Fairfax, Virginia. The name of its registered agent is Thomas H. Campbell, who is a resident of Virginia and who is a member of the Virginia State Bar and whose business office is the same as the registered office of the Association.
6. The number of directors constituting the initial board of directors is three (3) and the names and addresses of the persons who are to serve as the initial directors are:
Raymond C. Hawkins Route 2, Box 985
Catlett, Virginia 22019
Stephen M. Pratt Route 2, Box 985
Catlett, Virginia 22019
Barbara R. Shepherd Route 2, Box 985
Catlett, Virginia 22019
7. No part of the net earnings of the Association shall inure (other than by (a) acquiring, constructing, or providing management, maintenance, and care of Association property as defined in Section 528 of the United States Internal Revenue Code or the corresponding provisions of any federal tax law, or (b) a rebate of excess membership dues, fees or assessments) to the benefit of any member or private individual. Upon liquidation of the Association all residual assets after the payment of or
