In the event that the organization established to own and maintain common open space, or any successors' organization, shall at any time fail to maintain the open space in reasonable order and condition in accordance with the plan approved by the Land Use Board, the township may serve written notice upon such organization or upon the residence and owners, setting forth the manner in which the organization has failed to maintain the open space in reasonable condition, and said notice shall include a demand that such deficiencies of maintenance be cured within 30 days thereof and shall state the date and place of a hearing thereon which shall be held within 14 days of the notice. At such hearing the township may modify the terms of the original notice as to the deficiencies and may give an extension of time within which they shall be cured. If the deficiencies set forth in the original notice or in the event that the modification thereof shall not be cured within 30 days or any extension thereof, the township, in order to preserve the taxable values of the properties and to prevent the common open space from becoming a public nuisance, may enter upon said common open space and maintain the same for a period of one year. Said entry and maintenance shall not vest in the public any rights to use the open space, except when the same is voluntarily dedicated to the public by the residents and owners. Before the expiration of said year, the township shall, upon its initiative or upon the request of the organization theretofore responsible for the maintenance of the common open space, call a public hearing upon notice to such organization or to the residents and owners to be held by the Township Committee, at which hearing such organization or the residents and owners shall show cause why such maintenance by the township shall not, at the election of the township, continue for a succeeding year. If the governing body shall determine that such organization is ready and able to maintain such common open space in reasonable condition, the township shall cease to maintain said common open space at the end of said year. If the township shall determine such organization is not ready and able to maintain said common open space in a reasonable condition, the township may, in its discretion, continue to maintain said common open space during the succeeding year and subject to a similar hearing and determination in each year thereafter.