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HomeMy WebLinkAbout922774 00083j. 101 RECEIVED 9/2512006 at 4:23 PM RECEIVING # 922774 BOOK: 634 PAGE: 131 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY CORRECTED DECLARATION of COVENANTS, CONDmONS AND RESTRICTIONS for MOUNTAIN HEIGHTS CONDOMINIUMS in IJNCOIN COUNTY, WYOMING SEPT 2006 WOlJNTAIN HEIOHI'S~/COIlaI!Cl1ID C(1"S Page 1 of 34 . ,.~;~- .. -;;'''ir;~,.. ::::*~¿r.f*¡:¡ '~.J P:¡~if~~;'~:: ;t:~~~:~:~::~_:, U922774 INDEX SECTION: 1 Definitions ..... ...... ................... .......... ........... ....... ................ ................... ............... ............... 2 Scope of Project.................................................................................. ................................... 3 Map................. ........................................ ................. ......... ............................ ........................ Divisio·· of Property . C odo .. U· 4 Ii 1JÚO n mlnlUDl mts....................................................................... 5 Common FJP.JneDtl)...... ..................................................... ........... .......................................... 6 Parlcing Spaces.. ................... ................ ........... ..................................... ................................. 7 Separate A-lm1I"Itt and Taxation...... ............ ..................... ..................... .... ........ ....... ......... 8 Ownership - Title.................................. ............................... ................................................ 9 Non-Partitionability..... .................................................... ...................................................... lOUse of Common RIfa.ments.... .......................................................... ..... ................................... 11 Use and ~~ncy by DecIaraot............................................... ....................... ....... .............. 12 Certain Additional R.estrictioos................................................... ...... ..................................... 13 F,ali:P.Jl1l"nts for Encrnsu-htnPnts......... ....................... .............. ..... ................................. ............ 14 Owners VotiDg Rights. ........................... ...... ............................... .............. ............................. 15 MoUDtain Height CondnminiulI1 Home Owners' AIWri'ttion.................................................. 16 Mana~t Committee........................... .............. ...... .... ................ ...................................... 17 Powers and Duties ofManagentP.Dt Committee................................................................ ....... 18 Mauager................................................... ......... ...... ....................... ............... ......................... 19 No Waiver...... ....... ....... .................. ................................ .......... ........................................ ...... 20 Compenli:llltinl1 ......... ............................... ................. ...................... ............. ................. ........... 21 Accouuts.. .................................................. ................................ ....... ..................................... 22 TndP.JI1nification................... ....... ...... .............. ..... ..... ..... .......... .............. ... ............ .................. 23 Exculpation..... ......... ............................... .......... ........................ ............................................. 24 Mf'ÇItanic' s Lien.......... ................ ...... ............ .................................... ........... .......................... 25 R.eservatioo for Access....... ...ou........ .............. ..... .... ................ ..... ........................ ..... .............. 26 Maintenalll'P. Responsibility..... ...................................................... ......................................... 27 RevocatioD or .A.~lI1P.I'It to Dec1aIation................................................................. .............. 28 Addisioos, Alterations and hnproveoJCDts............................................. .................................. 29 .A. ~elJts... ............................................ ............................................................................ 30 lnsuraoce.. ....... .... ... .............................. .................. ...... ................ .......................................... 31 R.estrictioos Rdatiug to lnsuraoce Coverage........................................................................... 32 Foreclosure ofLien................................... ..................... ..................... ...... .............................. 33 Mortgages........................... ........... .............. .................... ............ ................ ........................... 34 Reconstruction.. ....... ........................... .................................. ..... .......... ................................... 35 Geuera1 Reservations. ............ ....................... ..... ......................................... ............................ 36 Covenants to Run With the Land............................................................................................ 37 .A.~gJ11T1M1t of DecJaraot' s Rights.................. ..... ...................... .............................................. 38 .Arbitration and Mediation.............. .............. ..................... ........ ...... ............................. .......... Exhibit A - Legal I>escriptioo.............. ................. ......................................................................... .... Exhibit B - pe¡r.P.I1ta~ of Ownership...... .... .......... ............. ...... ........................... ................................. Exhibit C - Approved BuUy Barn Plao................................................................................................. Exhibit D -Sample Budget Form ................................................. ....................................................... },(outlrAINHEIGHI'S~CCI.·s Page 2 of 34 000832 ~ 4 5 6 6 6 7 7 7 7 7 8 8 11 11 12 13 14 17 17 18 18 18 18 18 19 19 20 20 20 21 21 21 21 23 26 26 26 26 29 30 31 33 '. . ,.. -_......~,-.... 092~774 000B33 CORRECTED DECLARATION of COVENANTS, CONDmONS AND RESTRICTIONS' for MOUNTAIN HEIGHTS CONDOMINIUMS TInS CORRECTED DECLARATION OF COVENANTS, CONDmONS AND RESTRICfIONS FOR 1HE MOUNTAIN HEIGHfS CONDOMINIUMS ("Declaration ofCovemutsj is made on the date ~tt:lftt'r set fourth by the UDdersignc:d, Bruce: M. Davis and Betty B. Davis, beremaftec JJcaual to as the "Declarant" for the purpose of ~ the rights and obJig;ttioos of ownership for the MOUNTAIN HEIGHfS CONDOMINIUMS' Project ("this Project") located within the Star View Estates Subdivision, County off .intx>Iu, State of Wyoming, and supersedes and cancels in its entirety that certain DecIaratiœ of Covemuts, Cnnditioos and Restrictions for Mountain Heights Ccmdtwnin1UJDS dated May 11,2006, which was recorded on May 18,2006, Receiving No. 918538. Book No. 620. Pages 483 t:broqøh 510. RECITALS: A. The Declanmt is the owner- of the I'CIl property located within the Star View Estates Subdivision, County of I .inco1n, State of Wyoming, which is described in Exhibit A attlC'bed hereto and made a paI't hereof B. The Plat Mapls for the Mountain Heights CnrvInm1n1111'ns recorded on May 24, 2006, Instmmcot No. 918150. Map No. 132C. in the County Recorder's Office of Lincoln County, Wyoming, which Plat Map/s defines the divisiœ of certain I'CIl property known as Lot 33 of the Star View Estates Subdivision, a recorded subdivision, Instmmcot No. 568074. Map No. 217.1ocated in Lincoln County, into four (4) CcmdtwnininJt'l Units more particularly desaibed in Exhibit A, will be corrected and filed simllltaneoosly with this corrected DecIaratiœ ofCovemuts, Cœditions and Restrictions. C. Declanmt desires and intcods to, and does laeby, submit the above-described Property, togctbcr with all bn1Jdinss, structures, improvemœts and other pc:rm:ment fixtures of every kind thereon or may be placed tben:œ or may pertain t.bcrcto to the provisiœs of the Wymúng Cnndnmin1UDl Ownership Act and amt'!ntIlIV'ftts tbcreto. D. Declaraut docs hereby publish and dec1arc that the real properties stated above sball be held, sold, leased and conveyed subject to the following corrected oovmants, cœditions and restrictions of this Project affi..r.ti~ all dwellings, appurtœaoces and improvemœts as-.iated with this Project described heœin along with the corrected Plat Mapls and sbal1 be in adrlirio-t to all other covenants, conditions or restrictions of record a~ this Project, the Declanmt and his successors and 3.4IsigJ'ls, the Unit Owners and the Mountain Heights Condcwnin1nms lbne Owners' As-.i!lltioo. (the "Associationj, which covcnauts sball be as follows: UCUlL\IHHI!IGImI~CCI.·S Page 3 of 34 :;~J¡~R?::: ---------- -'. .'-- -- -._.--'~----' ----- - ----.~_....---~,-"'-- 092~774 000834 a. shall be both a burdm and a benefit to the above named mtities; b. shall run with the land; c. shall be for the purpose of protecting the value, desirability and character of the Property; d. shall be biDding on all parties having any right, title or interest in the Property or any part thereof; e. and shall inure to the benefit of the aforemœtioned parties and their successors and assigns. E. The name by which this property is to be iœntiñed is the "MOUNTAIN HEIGHTS CONDOMINIUMS". F. The individual Cnnrlnminium Units and related Gmeral Common EIP.I11P.11ts will be owned, JrullUlged and Jrulintai11f".tt by a Wyoming non-profit corporation known as MOUNTAIN HEIGHTS CONDOMINIUMS HOME OWNERS' ASSOCIATION (the "Association") serving as the Association of Owners as provided herein. NOW, TIlEREFORE, the Declarant does hereby publish and declare that the following covenants, c.-nnditinns and restrictioos sball be ~ to run with the ~ shall be a burden and a benefit to the Declarant, and its successors and assigns. SECI10N: 1. DEFINITIONS. Unless the context shall expressly provide otherwise, A. "Unit" means an individual air space Unit consisting of any enclosed rooms occupying part of any Building and is described as a column of vertiœl space existing between the horizontal planes of the floor and ceiling of the story within the Building in which it is located and bounded by the irreguJar interior unñni~ surfaces of the perimeter walls, floors, ceilings, windows, doors, along the perimeter boundaries of the air space of said boundaries, as shown on the Plat Map/s, together with all fixtures, cabinets, carpets, flooring, paint and finishes, all lath, furring, wallboard, plasterboard, plaster, paneling, tiles, wallpaper and any other materials coomÏtlItÏ"B any part of the fini~ surfaces are a part of the Unit along with all non bc1ring interior partition walls. Notwithstanding the fact that they may be within the boundaries of said air space, the following are not part of a Unit insofur as they are necessary for the support or use and enjoyment of another Unit: stJUctural compooeots of the BuildingIs, bc1ring walls, floors, ceili"8~, roofs, foundations, exterior walls and roof ñni~h~, ceiling equipment, pipes, vents, ducts, cnndnits, wire and other utility installations, except the outlets thereof located withing the Unit. Utilities or other fixtures which lie pa.rtially within and pa.rtially outside the boundaries of a Unit, any portion serving only that Unit is a Limited Common Elem~t allocated soJeIy to that Unit and any portion serving more than ODe Unit or any portion of the Common E1mtents is a part of the Geœral ComI11()1) FJP.I11f'nt~. B. "Owner" means any owner of record, whether one or more persons or entities, having recorded title to the full and exclusive use of a specific· Unit, including contract buyers of record but excluding mortVgees, contract sellers or others having such interest merely as security for the peñormance of an obliVtion. An "Unit Owner" shall mean all of the owners of a particular Unit collectively and shall be jointly regarded as a single MOUNfAIN HEKJIITS CONl)()MJNJlAŒ I COIUU!CTIID CClI."S Page 4 of 34 ü9~27"; 4 000835 Owner for the purposes of this Declaration of Covenants. Any owner of an equity interest of record in a Unit, and any partner, officer, or shareholder of an entity, which is an Owner of record, may be tr~ by the Association as an Unit Owner and liable for the Assessment Lien as the repr~tative of all the ownership of such Unit for purposes of giving notices, voting and other matters. .. C. <'General Common Elernerrts" means all portions of the Mountain Heights Comtnminillms' Project other than the individual air space Units, including, but not limited to, all l.imited Common R1/"nU"nfs, any recrf'.élt1ooal areas, walkway areas, driveways, stairs, any structural COIIlpODmts of the Building and its exterior finishes, land~ing and fœces which are for the use and beuefit of all the Unit Owners. The General Common Areas are those areas outside the exterior building walls with are for the use of all Unit Owners. D. "I.imited Common RIf'n1P.ntQ" means those portions of the General Common Element which are either limited to and reserved for the exclusive or nonexclusive use of an Owner of a Condominium Unit or are limited to and reserved for the common use of more than one, but £ewe¡- than an. of the CnnrlnminiUT11 Unit Owners such as, but not limited to, the front porches and dec.ks that are accessible from an single Unit, the front sidewalk area defined œ the Plat Mapls for each Unit, the I.imired Common Area adjacent to and in the rear of each Unit as shown on the Plat Mapls, the parking area adjacent to and in the front of each Unit as shown in the Plat Mapls and the Units individual utility services entering through the Building. The l.imitoo Commnn Areas are those areas outside of the exterior building walls which are for the use of one or more but less than all the Unit Owners. E. "Common Expense" means expenses for project maintf'.l1anr.e, repair, operation, m:ln~ and administration determined in accordance with this Declaration of Covenants and shall become an Assessment Lien prorated equally on each Unit. F. "Association" DaDS MOUNTAIN HEIGHTS CONDOMINIUMS HOME OWNERS' ASSOCIATION. G. "Ma~~œænt Committee" means the board of directors of the Association. SECTION: 2. SCOPE OF PROJECT. The "Project" consists of the construction of four (4) Condominium Units, together with ODSite pa.rlång 1àcilities for such Units and other Common Areas on Lot 33 of the Star View Estates Subdivision, a recorded subdivision, Inst:rument No. 568074. Map No. 277. located within the County of Lincoln, State of Wyoming, along with any ea~s shown OIl the Plat Mapls. Declarant hereby reserves the right to annex. additinnal real property to the development and make it subject to the terms and conditions of this Declaration of Covenants. Upon such annexation, the real property involved in such annexation shall become a General Common FJf'.I11f'.nt of all of the Mountain Heights ûvvInmininms Units and their Owners and Owners of the newly created and annexed Units shall be members of the Association. The Unit alIncatiœ for undivided inteœsts in the General CnmmorI FJP.mP.nts, the votes in the Association and the percmtJligcs of cnmmnn expenses shall be a~ to rct1ect the addition of additional real property's General CommQl'l FJf'n1P.ntQ and additional Unit Owners. Each owner hereby irrevocably appoints the UlXNfADIHBIGHTSCOHIX>MIHIlAß/COUI!C1EDCCII.·S Page 5 of 34 iJ¡¡1 ~ ~;:~i :j: j:; ~; ¡ ~ ::~\ '~ 1 ~:;:;::::::::::;::~::::: ~::::::::::::..&~~;;: i~f1m~~IBm~~;~~ 1??'om"<¡" ::;::::::V;.p,'~:~~i! :':':':':~'-~;>';~~}I 1J92277-1: 000836' Declarant or its successor as its attorney-in-fact with a Limited Power of Attorney to amend the Exhibit A and B of this corrected Declaration of Covenants setting forth the legal description and the Unit Allocations to conform to the appropriate legal description and percentages of the increased General Common EIemð1ts. SECTION: 3. MAP. . . Declarant reserves the right to ameod or add to the Plat Map/s from time to time, to conform the same according to the actua1location of any of the constructed improvements and to establish, vacate and relocate utility CL~~, assess road ea.-.ments and on-site parking areas. SECTION: 4. DIVISION OF PROPERTY INTO CONDOMINIUM UNITS. The real property described in Exhibit A and the improvements located or to be located thereon has beœ platted or will be platted for division into separate fee simple estates, each such estate consisting of a separately desigJ1:¡tt"Lt Unit and the undivided percentage or fractional interest in and to the General ConunQn RI~t~ for each Unit as set forth in Exhibit B hereto. SECfION: 5. COMMON ELEMENTS. A portion of the General Common Elements is reserved for the exclusive use of the individual Owners of the respective Units, and such areas are referred to as "Limited Common Elements". The Limited Common Elements so reserved shall be identified on the Plat Map/s. Any balcony, patio or deck which is accessjble from. associated with and which adjoins a Unit. without further reference thereto, either herein or on the Play Map/s, shall be used in connection with such Unit to the exclusion of the use thereof by the other Owners of the General Commnn Elements except by invitation. All of the Owners of CnnrlnminiUITI Units in this cnndrnninium Project shall have a nonexclusive right in common with all of the other Owners to use of sidewalks, pathways, roads, driveways and streets located within the entire cnndnmininm Project. No reference thereto, whether such Limited Common Elements are exclusive or IVVIf'!YrJusive, need be made in any deed. instrument of conveyance or other instrument. The water lines, septic systems, propane, other utilities, fences and landscaping are also General Common Elements. A. Each Unit. the app11I1œant undivided interest in the General Common Elements and the app11I1œant l.imited Common Elements shall together comprise one "Condominium Unit", shall be inseparable and may be conveyed. leased. devised or encumbered only as a Condominium Unit. B. Every contract for the sale of a Condnminium Unit written prior to the filing for record of the Plat Map/s may legally describe a Condnminium Unit by its identifying Unit designation. followed by the name of the Project, with further reference to the Plat Mapls thereof and the Declaration of Covenants to be filed for record. Subsequent to the filing of the Plat Map/s and the recording of the Declaration of Covenants, every deed, lease, mortgage, trust deed, will or other instrument may legally describe a Condominium Unit by its identifying Unit designation, followed by the name of this Project, with further reference to the Plat Map/s thereof filed for record and the recorded Declaration of Covenants. Every such description shall be good and sufficient for all purposes to sell, convey, transfer, f'fll-.nmher or otherwise affect not only the Unit but also the General Common EJf'n1ð'1t~ and the l.imifro Cnmmort EJð'I1ð'1ts app11I1œant thereto. Each such MOUNTAIN HI!IGHI'S CONIXJAðNJUWSI CORRECl1ID CCJl"S Page 6 of 34 .---- -.- 0922774 000837 description shall be construed to include a nooexclusive casanent from ingress and egress to an Owner's Unit and use of all the Gœeral Common Elements together with the right to the use of the appurtœant I.imired CoI11lTlOß Elf".J11P.l1ts. The initial deeds conveying each Condominium Unit may contain reservations, exceptions, and exclusions which the Declarant deems to be consistent with and in the best interest of all Condominium Unit Owners. : SECTION: 6. PARKING SPACES. I On-site parking areas and related facilities shall be under the control of the Declarant until the Project has hem. completed. Thereafter, the parking areas shall be under the control of the Management Committee. The parking area. directly connected to each Unit and labeled on the Plat Map/s as a Limited Commnn F.lement appurtœant thereto is to be used by that Unit Owner only, and only two vehicles per Unit will be permitted. SECTION: 7. SEPARATE ASSESSMENT AND TAXATION. The real estate taxes, assesanP.nt~ and other charges of the State of Wyoming or other political subdivision or any special improvement district or any other taxing or assessing authority shall be assessed against and collectOO on each individual air space Unit, each of which shall be carried on the tax books of the Lincoln County Assessor as a separate and distinct parcel for such purpose, and not on the building or the Property as a whole. The valuation of the General Common FJemt'nfs shall be assessed proportionately upon each individual air space Unit in accordance with Exhibit B. Appropriate written notice shall be delivered to the I.inr.oln County Assessor for these purposes and such other action shall be taken to effectuate the foregoing purposes to tax the Units separately including their proportionate share of the Gœeral Cnmmnn FJf".ml".I1t'l, The lien for taxes assessed to any Cnnrlnminium Unit shall be confined to that Condominium Unit. No forfeiture or sale of any Condominium Unit for delinquent taxes, assessments or other govel111'nental charges shall divest or in any way affect the title to any other Condominium Unit. SECTION: 8. OWNERSIDP - TITLE. A Cnnrlnmini~lm Unit may be held and owned in any real property tenancy reJationship recognized under the laws of the State of Wyoming. SECTION: 9. NON-PARTITIONABILITY. The Geoeral Common F.1emCl1ts shall be owned by the Association in common for all of the Owners of the Units and sball remain undivided, and no Unit Owner shall bring action for partition or division of the Gœeral Cnmmnn F.lf".ml".I1t~. Nothing ('nntamM herein sball be construed as a limitation of the rights of partition of a Unit between the Owners thereof: but such partition shall not affect any other Unit. SECTION: 10. USE OF COMMON ELEMENTS. Each Unit Owner sball be entitled to exclusive usage and possession ofhislher Unit and any related I.imited Common Elements, subject to the rights of the Managm1CDt Committee set forth herein. Each Owner of a Unit may use the Gœeral Û)m1Tl()l'l Elf".ml".I1ts in accordance with the purpose for which they are intended, without hindering or eocroor.hing upon the lawful rights of other Owners of their Units. The UOUNIAJN IŒIGHl'S CONIXIYINllAiS I COüBC11iD en's Page 7 of 34 )Jii' :.*::::~ ....!:i. "'~":¡¡¡ :;I~11;!~*;~m~;: --.-.-~-_. . --_.~----_._-- ..._._...."._..~..._. ~._~ .-.......... .".' ". ~.,.. _J ,.. ... _. .. 0922'774 000838 exclusive right to repair, m"int"in and replace the Units is reserved to the Management Committee as provided herein. and the express written approval of the Management Comm1ttee is required for any improvement, painting, fencing. repair or alteration QUJ'Ïed out by an Unit Owner. A. A Unit may be used and occupied by the applicable Owner, hislher family aød their guests and invitees, or an Owner's lesseels or teoant/s~ provided, however, that such use by an Owner's guestJs and invitecls or lesseels or teoant/s is 11m1nt"ined in conformity with any and all applicable conditions and restrictions provided here in. The Unit Owner shall be responsible for the actions and da~ any such guest. invitee, lessee, or tenant may cause and for the payment of all Asses!m1f"..l1t Liens. B. Conformity with any and all applicable]and use regulations of Lincoln County shall be required. in addition to the requiraDC"nts of this Declaration of Covenants and any other related rules and regulations. In case of any conflict, the more stringent requirements shall govern. c. Only sing1e-family residtonri,, use shall be permitted. No commercial. industrial or other noo sing1e-family residtonri,, use whatsoever shall be permitted in any Unit. with the exception of an artist studio, workshop, private office and such other endeavors not requiring access to the property by the general public, employees, independent contractors or business invitees in a manner which would adversely impact the neighborhood; and the Management Committee may impose restrictions in that regard. D. Use of the Land Use F.a~ent along the west boundary line adjacent to Lot 32 and located on Lot 32 shall be used only in accordance to the mutual benefit of both Lot 32 and Lot 33 and by permission of the owner/s of Lot 32, and such use must be agreed upon and in writing. Use of the Land Use FaW".lnP.nf along the east boundary line adjaceot to Lot 34 and located on Lot 34 shall be used freely for purposes of access and recreation as a Gœera.l Common F ffl11~t for the Unit Owners. SECTION: 11. USE AND OCCUPANCY BY DECLARANT. The Declaraot and Declaraut's employees, representatives, agents and contractors may J)1aintain a business and sales office, construction facilities and yards, model units and other developer's facilities necessary or desirable to Declaraot during the construction and sales period. SECfION: 12. CERTAIN ADDITIONAL RESTRlCfIONS. The following additiaoal restrictions are applicable to the Units and General Common Areas. Each reference to "Owners» i1)dndes their tenants and invitees. A. Keeping Outside Âreas Clean and Sif!htlv. The Owners shall not obstruct the General Common Areas as ("nnf"1nM herein. One 12' x 16' maximum size "Bully Barn" will be allowed for each Unit to be constructed and ¡n"int"ined by a Unit Owner and built and located in accordance to the Plat Map/s and a building plan obtained from the Management Committee with a written permit the.dìOU1. All Owners shall1œep their resjdto.nr~ and their Units in a reasonably clean. safe, sightly and tidy condition. No c1othe$lines will be permitted. Anv tires. lawnmowers. RaIden eauiotnf'nt childrœ' s tovs and other similar items must be stored and aoorooriatelv screened from MOUNTAIN HEIGIrfS COtIIXIMIHIlJIo I COIUUiCI1ID CCII.·S Page 8 of 34 ..-.-.-...-....... U~~_~~~"''-'-____. ~._ ~ . 0922774 000839 the Dublic view when not in use. No antmlm!: or television "dishes" in excess of 24 inches in Qia1'l1ðeT or other items may be placed in public view or upon any of the Common Areas or Units without the express written consent of the Malmummt Committee. Refuse, garbage and trash shall be kept at all times in a covered container. 1òe parking of recreational vehicles, motor homes, trailers, boats, snow mobiles, camper bodies and inoperative vehicles is prohibited in parking areas and the primary garage that is part of the individual Unit and other General or Limited Common Areas. 1òe Management Committee shall have full power and authority to regulate the constructiœ of any dog kennel or any other structure and full power and authority to regulate parking and storage of cars, trucks, bicycles, motorbikes, motorcycles and other similar vehicles and equipment and to regulate the use of roadways by imposing and enforcing speed'limits and other restrictions, with full power and authority to impose and enforce (by special assessments bereunder or otherwise) fines and other penalties for violations of such regulations. An Unit Owner shall have the right to plant in their I.imit.e.d Common Areas and in accordance to the established lantj~ing amwal flowers at their own expense. All such lanrlßCapCd areas shall be maintained by the Management Committee irregardless of the choice to plant anm,a1s by an Unit Owner. Alllarvtscaped backyard Limited Common Areas shall be maintairu>4 by the Management Cnmmittee. Such fencing of a backyard Limited Common Area shall be supervised by the Managf!l11P.ltt Committee and shall be constructed at the Owner's expense. Once a backyard Limited Commnn Area is fenced, it will become a General Common Element and maintained by the Associ~tiOQ. 1òe planting of all bi-annllal~ or pereoniaJs by a Unit Owner in hislher Limited Common Area must be approved by the Management Committee and will become the common property of the Mountain Heights ContiominiUIDS Associatiœ. An Unit Owner shall have the right to establish. plant and maintain a small vegetable garden, 8' by 12' maximum, in hisIher Limited Common Areas. At such time as the vegetable garden is no longer used and maintained, it is to be replanted and restored to its original conditiœ by the Unit Owner. 1òe Management Committee shall have the right to charge an Unit Owner for lancl U'.ape damaged by that Owner or his guests or animal~ and for failure to replant and restore to its original conditiœ a vegetable garden so established by that Owner if it is no longer used and/or mainrnined. B. Obstructinf! Common Âreas. Unit Owners shall not obstruct General or Limited Common Areas. Unit Owners shall not build any structure or dog kennel or place or store anything within the General or Limited CnmtnQl'l Areas without the prior written consent of the Management Cnmmittee or its designee. All storage itans shall be kept in a facility specifically desigJU'ted or approved for such storage. C. No Fireworks. 1òe discharge of firearms, firecrackers or fireworks is forbidden. D. ~ Without prior written consent of the Management Committee, Unit Owners shall not permit any sign of any kind to be displayed to the public view from hislher Unit or from the appurtenant Common Areas. Said restrictions shall not apply to the Declarant during the CODStructioo or sales period or to traffic signs, Unit designations, Project design~riODS or similar signs displayed by the Management Committee or the Declarant. E. Animals. Owners shall not permit animals of any kind to be raised, bred or kept in their Unit, except the OCCUDVÍD2 Unit Owner only (not guests, invitees, lessees or tenants) may keep up to 1 dog and 1 cat œ a perman~t basis with the written permissioo of the Management Cnmm1ttee. Other small pets kept inside are permitted on a reasonable basis, and all occupancy of pets are subject to the limitations set forth herein: MOUNTAIN HEIGHI'SCONDOUINIlMS/COUEC'11!DœJI.·S Page 9 of 34 f:mm¡¡~~¡;;~~~I~~::; :~~;~~~m~~:~~ "¡.', ~;""' "" '.' - - -_.~,._-~-, _. \J922774 000840 1. All pets shall be kept clean and odor free. Any animal kennel shall be constructed with a concrete floor and a plan and locatiOll map shall be submitted to the Management Committee. and written permit to construct such kmnel shall be obtained from the Management Committee. Any animal kennel placed within the General Common Areas shall also require the written consent of all the Unit Owners. 2. Any animals permitted to be kept on the property at any time shall be restrained and controlled at all times. 3. A cage or leash law will be strictly enforced in any of the General Common Areas. 4. The occupants of a Unit and the Owner thereof shall be responsible for the immeQiate removal and sanitary disposal of "litter" left by their pets or the pets of their guests. 5. Any clawing. chewing. barking. aggressive behavior or any other situation that causes property damage to any Unit or the Limited ComJnOll E1ementJs or the General Common Elementls and the actions of a pet that becomes a n11isaoces to other Owners will be grounds for that animal to be removed from the premises. 6. All pets of the occupying Unit Owner that will reside within that Owner's Unit and that Unit's Limited Common Area will require the written permission of the Management Committee. 7. All pets of guests of an Unit Owner must be properly restrained and controlled and will be allowed onlv on a day by dav visit basis. 8. Any dogIs loose on the property at any time may be impounded by the Management Committee, and. their release may be conditioned upon the payment of a fine or penalty, no matter who owns the dogIs. 9. The Management CommittP.e may adopt additional rules and regulations for animal control from time to time. 10. The public is hereby put OIl notice of this rule and of the potential effect if a member of the public permits their dogIs to be OIl the property at any time. whether or not they are aware of the whereabouts of the dog/s. STRICT DOG CONTROL WILL BE ENFORCED AND IS ESSENTIAL TO TIlE QUAUlY OF TIlE PROJECT. F. Limitations on Certain Âctivities. Owners shall not pennit any obnoxious or offensive activity or nuisance to be carried on. in or around their Unit or in the Common Areas. No light shall be t'n1ïW-.ð or reflected from any Unit which is unreasonably bright or causes unreasonable glare for any adjaœm: Owner. No unrea..QQn3bly loud or annoying noises or noxious or offensive odors shall be t'n11tted from any Unit or the Common Area. The Management Committee is expressly authorized to regulate and limit the use of woodburniog stoves and fireplaces. G. Architectural Control. Upon completiOll of the building, fences, driveways and lanti$C8ping by the Declarant all future maintmanr.e of the exterior of the building/so driveways. roads. fences and ~ndscaping will be the duty and responsibility of the Management Committee. All altemtioos. construction or additions must have plans submitted to the Management Committee for review and approval or disapproval at least 30 days prior to start of construction. In no case shall commm~ of such alterations. CODStruction or additions be started without first having written approval. Such approval or disapproval shall be given in writing by the Management Committf"P.. The Management Committee shall be controlled by the following guidelines: 1. All maintmance. staining and repairs of the building's exterior wood siding and trim. windows. fences. driveways and land~aping will be under the express responsibility UOUNTAIN BElGHTS CONi)()MJNJlJUS I COUECTED CCJ.'S Page 10 of 34 U922774 000841 of the Mana~t Committee to insure that the exterior appearance of the Project be equally maintained from Unit to Unit. 2. Any changes in the appearance of the exterior of the building whether changes in color or design (but not limited to), any inclosures (including but not limited to any closing in of a porch. balcony or declc), or additions to the exterior of the buildiqg structure shall be by the following permits and approval: (a.) a permit from the Star View Estates Association Building Committee, (b.) a building permit from Lincoln County and shall comply with all county regulations, and (c.) shall be approved by a majority vote of the members of the Mountain Heights Condomininm~ Assnciation All approvals must be in writing and copies of such approvals must be given to the Management Committee. 3. Any changes to the fences of the Project must be first approved by the Star View Estates Association Building Committee and then by the Management Committee, and approvals must be in writing. 4. Any building CODStruction approved after the completion of the Project by the Declarant which is attac.bed to the Building shall be of quality constmction equal to the CODStn1ction of and in harmony with the design of the existing Building (such as but not limited to poured concrete fonntiatioos, 2" X 6" exterior stud walls, mat('.hil'\g windows, matchil'\g siding, "13tc.hing roof pitch and constmction and finish ) and shall be aœompanied by a plan showing foundation plan, floor plan, constmction details, all exterior elevations, materials to be used and colors to be used. 5. Upon written approval by the Management Committee a Unit Owner may construct of a maximum 12' x 16' Bully Barn for the purpose of storing tires, lawn eqnq,JI1f!I1t, garden equipment, childrœs' toys and other similar items. It must be located according to the Plat Mapls and built and fini~ according to the plans provided in Exhibit C of this Dec1axation of Covenants. The Man~fflIP.I1ts reserves the right to supervise the CODStn1ction and to impose penalties if not completed in accordance to those plans and in a timely mal1l1P-T for the purpose of removal or fini~hil'\g of the Bully Barn. H. Compliance with IWles and ReflUlations. Unit Owners shall not violate any rules and regulations for the use of the General and I.imited Commœ Areas adopted by the Management Committee and furnished in writing to the Unit Owners. Fines and other penalties for violations thereof may be imposed and enforced (by special assessmmt or otherwise) by the Management Committee for violations of such rules and lPßJJI:ttions, and it is expressly understood that Unit Owners may be held responsible for acts of their t.mants and invitees. SECTION: 13. EASEMENTS FOR ENCROACHMENTS. If any portion of the General Common F.1t"nV'm~ encroaches upon the Units, a valid ea.vment for the eocr~r.hlJ1f".l)t and for the maintl'SJanœ of same, so long as it stands, shall and does exist. SECI10N: 14. OWNERS VOTING RIGHTS. The Owner of each Ovuiominium Unit shall be com:idered as one Lot Owner of the Star View Estates Subdivision, a recorded subdivision in the County of Lincoln, State of Wyoming, Instmment No. 568074, Map No. 277. and will be subject first to the Star View Estates Association and the recorded covenants, conditions and restrictions t.beceby recorded November 4, 1981 with the Lincoln County Clerk, Receiving No. 568975. in Book 182 PR . Pages 222 thronph 228. along with 3IJ1f".IJliments thereto, WOUNrAIN HEIGHTS CONDOWNllAoISI COUECI'ED CCJl'S Page 11 of 34 *::i~:1$j:::::::~ ~ '¡t... .'. .~'.'.I...' ~fm;~~~m¡,~:Jj :TI1~~;~!~i¡II~ . .. ·Þ·~~(74: H9""'~ 000842 with all voting rights, privileges and liabilities of membership in that Association of Home Owners. SECfION: 15. THE MOUNTAIN HEIGHTS CONDOMINIUMS HOME OWNERS' ASSOCIATION. A. MembersmTJ. Eacl1 Unit Owner shall belong to the Mountain Heights Condominiums Home Owners' Association by virtue of owning deeded rights to usage of a Condominium Unit in the Project covered by this DeclaIation of Covenants. By the sale or other transfer of deeded rights to usage of a Continminium Unit, the transferring Owner's mmiliership in the Association shall be ipso facto transferred to the transferee of such Unit Owner. B. Annual MeeUnfl. There shall be an annual meeting of the Mountain Height Condominiums Homes Owners' Association to be held in eacl1 calf".l1lbr year, at the Project site or at sucl1 other place, date or time as may be desigJ'u1ted by written notice of the Management Committee to the Unit Owners not less that fifteen days prior to the actual date fixed for said mt>P.t11\g. At the annuall11f"P.til\g. the Mana~ Committee shall present an audit for financial review of the Common Expenses, iremi7.Î1\g reœipts and disbllfSð1'lel1ts fur the precffiil\g calendar year, the allocation tbereofto eacl1 Unit Owner and the estimated CornrnOlt Expenses for the coming calP.rVjar year. c. Sf)ecial MeeUnfls. Special meetings of the Association may be held at any time, either upon the call of Owners possessing a one-forth interest in the Units, or upon the call of a majority of the Management Committee. Upon such call, or the receipt of such call, the Management Committee shall send out written notices of the mt>P.t11\g to all Unit Owners, provided that such notice is scot not less than fifteen days prior to the date fixed for said meeting, and shall specify the date, time, place and purpose for said mf'P.tÌng. D . Waiver of Nouce. 1òe presence of all Unit Owners, either in person or by proxy, at any mt>P.t1ng, shall render the same a valid mt>P.t11\g. Any IJU,'P.tÌI\g so held, notwithstanding the fact that DO notice of mt>P.t1ng was given, or that the notice given was improper, shall be valid for all purposes; and at such mt>P.t11\g any genecal business may be tran~ded and any action may be taken. Such business or action taken shall be recorded in writing along with the minuets of such mt>P.t11\g. E. Quorum. At any meeting of the Mountain Heights Condnrniniums Home Owners' Association, those present in person or by proxy, whose aggregate interest in the Units constitutes a majority of the aggregate interests of all Owners in the Units, shall constitute a quorum. Once such quorum is present, the concurring vote of a majority of those present œ any matter shall be valid and binding upon the Unit Owners, unless otherwise expressly provided by this Declaration of Covenants. The Association may also act without a meeting by written consent of a majority of the voting power of the Unit Owners entitl~ to vote. Wbœever in this Declaration of Covenants the cœseot or approval of Unit Owners is required, such approval or consent shall be givœ pursuant to this Section at a meeting of the Association or by a written notice, unless otherwise spt"P-ifically provided herein. F. VoUnt:. Any person or entity or combination thereot: owning any Unit in this Project duly recorded in bisIher or its name, as determined by the records of the Management Committee shall be ð1tit1~ either in person or by proxy, to cast one vote per Unit. Any provision to the MOUNTAlNIŒIGHTSCONDOUINILaIS/COIW!CŒDCCi.·S Page 12 of 34 ~--- ---. -~.-- ------~ U922774 00084,3 contrary notwithstanding, co-owners or joint owners shall be ~ as one Owner. The authority given by an Owner to another to represent such Owner at l11f>.t".ti"8-C: shall be in writing, signed by such member, or if a Unit is jointly owned then by all joint Owners, or if such Owner is a corporation, by the property officers thereot: and shall be filed with the Management Conunittee, and unless limited by its teIIns, such authority shall be d~ good until revoked in writing. An executor, administrator, guardian, or trustee may vote in person or by proxy with respect to any Unit owned or beJd by him/her in such capacity, whether or not the same shall have been transferred to his name by a duly recorded conveyance; provided, however, that reasonable evidence of such capacity first be offered to the Management Committee. Whenever any Unit is owned by two or more jointly, as determined by the records of the Management Committee, the vote thereof may be exercised by any one of the Owners present in the absence of protest by the other or others. The Association has the right to suspend the voting rights of a Unit Owner: (a.) for any period during which any Assessment Lien against hisIher Unit remains unpaid more than thirty (30) days after its due date, (b.) until the delinquent A~t Lien is paid in full or (c.) for any other inftaction or violation of the Condnminium Documents. Such suspension and reÏnst:JtP.l1V'flt of voting rights shall be delivered to the Unit Owner in writhing. G. Adtournment. Any mt"P.t11lg of the Association may be adjourned from time to time to such place and time as may be determined by a majority vote of the members present, whether a quorum be present or not. H. Fiscal Year. The fiscal year of the Mountain Heights Condnmininms Home Owner's As~atÙ\n shall end on December 31 of each year, or as otherwise determined by the Management Committee. SECTION: 16. MANAGEMENT COMMITTEE. A. Creation and Purpose. 1òere is hereby created the ManagfflU"nt Conunittee, consisting of three (3) members. Each member of the Management Committee should be an Owner (or a duly authorized representative of an Owner which is an entity) of a Unit in this Project at all times during hisIher tenure. The purposes of the MaJU\gfflU"nt Committee shall be to govern the affairs of the Project on bebalf of the Mountain Heights Cnndnminiums Home Owners' Association as its board of directors. B. Term. The Management Cnmmittee members shall serve for a tenn of three years. Each member of the Management Cnmmittee shall hold office until the next applicable annual meeting of the Owners and until hisIher successor shall have been elected and qnalified, or until death, resignation, or removal, if one of the latter events occurs sooner; provided however, that if any member ceases to be an Unit Owner or a duly authorized reprP.ClP.l1t<ative of an Owner which is an entity, then, hisIher membership on the Management Committee shall thereupon al,tOTruttically terminate. C. Cumulative Votin~. At any electioo. of Cnmmittee members, the vote attributable to each Unit may not be ac·l".l1mnlat~ by the owner thereof. D. Resirmation and Removal. At any regular meeting or special meeting duly called, any one or more of the members of the Man~ Committee may be removed with or without cause by a majority vote of the Unit Owners and a successor may then and there be elected to fill the UOUNTAJNHElGKfSCONDOtoONIUYS/COUECI1iDCCJl'S Page 13 of 34 C,I.Ii!I'~' ¡li "':'~ ~III "/I'I,,I,';I'*"il '.1 II:' :.I.:.~ :::~I1;¡~¡~~j¡;:' .'.......,.--..._- ....... ..----..--..-. .,~~~_.- .--......-....---. ,'" . 9·>·J'·'""17~ o ~f041 000844 vacancy thus created. Any member whose removal has been proposed shall be given an opportunity to be heard at the Jru>P.tÏ"8. Any member may resign at any time by giving written notice to the Manager. E. Vacancy. Any vacancy in the Management Committee occurring during a member's term shall be filled for the balance of that member's term by appointment made by the Management Committee. F. ProceemnflS. If all members of the Management Committee are present. a majority vote shall be the act of the Management Committee. However, two members of the Management Committee shall constitute a quorum and; if a quorum is Present. the unanimous decision of those present shall be the act of the Management Committee. The Management Committee shall elect a cba.irman to preside over its meetings and those of the Association. Minutes of the meetings of the Management Committee shall be maintained and available for inspection by any Owner. Meetings of the Mana~ Committee may be called" held and cnruiucted in accordance with such regulatioos as the Management Committee may adopt. The Management Committee may also act without a meeting by unanimous writtf:o. consent of its members. G. RefUlar Meetings. Regular meetings of the ManagC211f'nt Committee may be held at such time and place as shall be determined., from time to time, by a majority of the Management Committee. Notice of regular Jru>P.tÏng.' of the Management Committee shall be given to each member, personally, by' mail or by telephone at least five days prior to the day named for such Jru>P.tÏng. H. Soecial Meetinfls. Special mf'.P.ti"ßS of the Management Committee may be called by its cba.irman on five day's notice to each member, given personally, by mail or by telephone, which notice shall state the time, place and purpose of the meeting. I. Waiver of Notice. Before or at any mt>.P.ti"8 of the Management Committee, any member may in writing waive notice of such meeting and such waiver shall be deemed equivalent to the giving of such notice. .Ãttf"ntbnr.e of a member at any meeting of the Management Committee shall be a waiver of notice by himIher of the time and place thereof. If all the members are present at any meeting of the Management Committee, no notice shall be required and any business may be traDsacted at such Jru>P.tÏ"ß. J. Initial Control Period. Until a date which is three years from the date of recordation of this corrcaed Declaration of Covenants, the Declarant shall have the option to appoint and remove all members of the Managf'.l11l'nt Committ"'C, to appoint and remove all officers of the Mountain Heights Cnndominiums Home Owners' Association, and to exercise the powers and responsibilities otherwise assigned by the Declaration to the Mountain Height Condominiums Home Owners' Association. Declarant shall have the option at any time, by an express written declaration, to turn over to the control the Condominiums' Association the total responsibility for electing and removing members of the Management Committee and the officers. SECTION: 17. POWERS AND DUTIES OF MANAGEMENT COMMITTEE. Subject to the rights of the Declarant the Management Committee shall have the powers and duties nec~sary for the administIation, operation and maintenanr.e of the Project. Such powers and duties of the YOUNfAINHEIGHl'S~/COUECTIIDCCR.·S Page 14 of 34 "-'.-"~""" .....-.,". ~.'."_.",_.,_.'..~-'......~ . . ....... ...~. .. . . . ,-". ---------'" ."". ..~-.. '..-.--.'_......--, '.- -'--~ . ,. '.. -,' '-' ...,.,.,.... . ~ - ....-....... +.. 0922774 000845 MaJUlgt".l'nf!l1t Committee sball indnde. but sball DOt be limited to. the following. all of which sball be dooe for and on bd1a.lf of the Owners of the Units: A. To adminiqe¡- and enforce the covenants, restrictions. ea~t, conditions, uses, limitations, obligatiOl1s and all other provisions set forth in this Declaration of CoYeoants. B. To enforce compliance with such rules and regulations (including without limitation eoforcemœt provisions such as fiues) as may be ~~ry for the operation. occupancy and peaceful and orderly use and enjoyment of the Units and the General Commoo Rlf".II1ents of this Project. c. To incur such costs and expenses as may be necessary to keep in good order, condition and repair all of the General Common RI~ts and all items of cnJ11J11()11 personal property. D. To insure and keep insured all of the CnnMminium Units and the insurable General ComI11()1] Rlements of the property and any cnmmon fixtures and equipment against loss due to fire or vandali!m1 in an amount equal to the full insurable rep)ac~t costs. Further. to obtain and maint~in comprcbeosive public liability insurance covering the entire premises. E. To prepare a budget for the Project, at ~ annnally, in order to determine the amount of the general Assessment Lien payable by the Owners to meet the Common Expenses of the Project, and allocate and assess such cnmmon charges among the Owners 00 a Unit by Unit basis, and by majority vote of the Unit Owners to adjust, decrease or increase the amount of the quarterly or monthly assesmncnts and remit or return or credit towards next years assessment any amount in excess over the actual annual expenses for that year of the cu"enJ annual fimd assessmeotls to the Unit Owners at the cod of each operating year and to ætaini"8 the working capital funds in reserve and deferred for maintmanC".e or for replaCf'!l11P.l1t of the General Common Rlf".I11f'!I1ts. The budget assessed in the general Assessment Lien is to be set in accordance with but not limited to the following items: I. Re-staininø of the sidinø and trim as a working capital jùnd set aside for future maintman~; 2. Sidinø reoair as a working capital fimd set aside for future maintman~; 3. General utilities maintman~ as a working capital fimd set aside for future maintenal1C".e; 4. Fence reoair and maintenanœ as a working capital fund set aside for future maintenal1C".e; 5. General buiJdinø and ~ounds maintman~ as a working capital fimd set aside for future maintmance or reinstallatinn of existing fitr.ilities such as the building structure/s, utilities. fences, concrete drives or sidewalks and landscaping as voted upon by the members of the Association; 6. General buiJdinø insurance as a working capital fimd. The Mana~eot Committee, or Manager. sball obtain and maintain at all times insurance of the type and kind stated in this Declaration of Covenants and sball allow an overhead allowance for the financial security of the Project and to provide uninterrupted insurance coverage; 7. Anv additional bud2et costs as voted upon at the regular or special mee.ti"8~ oftbe association and specified specifically to be either a working capital fimd or a one time special assessmenJ set aside for additi()IJaJ items ( such as but not limited to the instaHation of additional concrete drives or sidewalks, unforseen cnnti"8encies, additional tdOUIn'AIN HEIGIlI'S CONDOYINILIdSI COUECl1ID cca.·s Page 15 of 34 ~!¡~m~m~~~~~~l ¡B:~;m;~!~~~m~~; U922t774 000B46 1anti~caping, the installation of additional garages and/or storage facilities, additional utility, security systems or any other item of mutual benefit). The above stated requires a majority approval of all Unit Owners; 8. Lawn care and gardening as a cu"ent annual fund of actual costs; 9. Snow removal from the parking pads and ingress and egress areas (snow removal from the limited rnmtn()J1 front sides walks and back declcs to be the responsibility of the individual Unit Owner) as a current annualfund of actual costs; 10. Gamage removal as a current annualfund of actual costs; 11. Anv additional bud2et costs as voted upon at the regular or special meetings of the association and specified specifically to be either a current annual fund of actual costs or a one time special assessment of actual costs set aside for additional items (such as but not limited to legal expenses, office expenses, tax prepaIation or other overhead); 12. Star View Estates Association Dues assessed as a current annual fund or one time special assessment cost of actual costs as the case may require for membership in that Association and for the use of water. F. To levy one or more special as~!m1(21t1s upan all Unit Owners in addition to the general Assessment Lien. Such special assessmeotls are only to be levied whœ the facts at hand requiring such special assessmeotls are brought to the Association for a vote and when the gœeral Asses!m1t"J'tf Lien shall appear to the Management Committee to be insuffic.ient to enable it to carry out its obligations in connection with the operation of the Project or whenever the Management Committee is required to make an expenditure under or in connectiOll with this DeclaratiOll of Covenants for which there are not sufficient funds available in the maintenanl'.e fund or whœ levied by the Star View Estates AssociatiOll. Upon the afore mentioned vote the special assessmeotls will become a Common Expense and part of the Assessment Lien. One or more special assessments may be levied by the Mana~t Committee upon less than all Owners when permitted by this Declaration of Covenants. Unless the Managt2DeOt Committee notifies otherwise the Unit Owner or Owners against whom a special asses!m1f!nt bas been levied, the special assessment is payable in full OIl the date specified in the notice of the levy. G. To enforce collection of any delinquent Assessment Liens and all other fees and charges owed to the Association in any mannt".r allowed by law, including, but not limited to: 1. Bringing an action at law against the Unit Owner personally obligated to pay the delinquent amounts which came due at the time helsbe was the Owner thereof: which actiOll may be brought without waiving the Assessment Lien securing any such delinquent amount; 2. Bringing an actiOll to foreclose its Asscs!m1f!nt Lien against the Unit in the manner provided by law for the foreclosure of a realty mortgage including by advertisement and sale; 3. Suspending voting rights as provided herein; 4. Notifying the Star View Estates AssociatiOll of the delinquent Common Expense for the portiOll which is for the Star View Estates .A~~ation annual dues. The Star View F.states Association shall then have the option to discontinue water service and membership privileges in the Star View Estates AssociatiOll to the delinquent Unit Owner UDtil its Association fee is payed in full along with a water reconnect fee which fuels are established annually at a regular ~ of the Star View Estates Association; 5. Filing a lien for the delinquent amount and any interest and any reasonable attorney's fees or court costs with the County Clerk of Lincoln County. UOUNTAJN HEIGIrfS CONOOUINUI.S I COUECI1ID œ.J.'S Page 16 of 34 U92Z774 000B47 H. To protect and defend on behalf of the Project any part or all of the project fÌ"om loss and damage by suit or otherwise. I. To borrow funds in order to pay for any building of additional garages, major building repairs or for the reconstruction as set forth in Section 34. .' J. To enter into contracts to carry out their duties and powers. K. To establish a bank account or accounts for the cnrn~ treasury and for all separate funds which are required or may be tW-.med advisable. Units. L. To make all repairs and do all maintmanre to the General Common EJert1P.nts and the M. To keep and maintain full and accurate books and records showing all of the receipts, expenses, disbursements, ~"8 min~lets, plans and permits, any other agreements and to permit ocaminAtion thereof at any reasonable time by any Owner. N. To prepare and deliver annuAlly to eacl1 Unit Owner a st~tf"'.l'l1l"nt showing receipts, expenses and disbursements since the last such !åAt~. O. To meet at least once each year. P. To hire or designate the personnell1OCP.SS8ry for the mAintmAnce of the General and I.imit.oo Cnmmon Elements and the personnel necessary for secretarial, management or other operations ~sary for the good of all the Unit Owners. Q. In geocraI. to carry on the administration of the Project and to do all things necessary and reasonable in order to carry out the governing and the operation of the Project. SECfION: 18. MANAGER. A manager may be a person or a firm designatoo or contracted by the Association to manage, in whole or in part, the afiàirs of the Association. The Management Committee may elect to perform the functions of a manager in whole or in part, but in DO case shall the Management Committee receive any compensation for such duties. Any Manager shall have the exercise of such powers as are granted to the M~t Committee hereunder, but said Manager shall be directly responsible to and under the control of the Management cnmmÏttee. SECfION: 19. NO WAIVER. The omission or failure of the Managemeot Committee, the Manager, or any Unit Owner to enforce the covcoaots, conditions, restrictions, ea~, uses, limitations, obligations or other provision of this Declaration of Covenants, or the boose rules and regulations adopted pursuant thereto, shall not constitute or be ~ a waiver, modification or release thereof; and the Management Committee, the Manager, or any Unit Owner shall have the right to enforce the same therc:after. The failure or delay of the Management Committee, the Manager or the Association to prepare or adopt a budget for any fiscal year shall not constitute a waiver or release in any manner of a Unit Owner's obligation to pay his allocable share of the UOUNrAINHEI<JH1"S~/COIWìC'ŒDca'S Page 17 of 34 ;;:::ì~.:~~:;:;:~;. , ~:::i¿¿~~:;:;;:; ._-----~------ ---_.-._---- .._..~~------------ ..... 0922'774 000848 O>mmon Expenses; and each Unit Owner shall cnntinne to pay the Common Expense Assessment against hisIber Unit as established for the previous fiscal year until notice of the Common Expense Assessment for the new fiscal year has been established by the Management Committee or the Manager. SECI10N: 20. COMPENSATION. . . No member of the Management Committee shall receive any compensation for acting as such. SECTION: 21. ACCOUNTS. The funds and expœditures of the Unit Owners shall be credited and charged to accounts under the following classifications as shall be appropriate, all of which expœditures shall be common expenses: A. Working capital fund reserved for deferred maintenance or repairs or repla(".t".mI'!I'It required because of damage, wear, or obsoJescence and for additional structures and shall be voted upon not less than annually and aHocated by a majority vote of the members. B. Current annual expense, whicl1 shall inCl1lde all funds and expœditures within the year for whicl1 the funds are budgeted, including a reasonable allowance for cnntingencies and working funds, except expœditures chargeable to reserves for a working capital fund and shall be voted upon not less than annlla11y and allocated by a majority vote of the members. c. A one time special assessment which shall be limited to the actual costs as required and shall be voted upon as need requires. SECTION: 22. INDEMNIFICATION. Contracts or other commitment!: made by the Mana~t Committee or the Manager shall be made as agent for the Associ~tion, and Unit Owners shall have DO personal responsibility on any such contract or CQrnmÏ1ment (except as Owners under Section 34 hereof). Every member of the Management Committee shall be indemnified by the A!:!IIl\ÇÍation, against all reasonable costs, expenses and liabilities (including fCIS01\ab1e legal fees) actually and necessarily incurred by or imposed upon him! her in coooection with any claims, action, suit, pf(1N"Pñing, investigation or inquiry of whatever nature in which he/she may be involved as a party or otherwise by reason of having been a member of the Management Committee whether or not such individual cnntinlle8 to be a member of the Management Committee at the time of incurring or imposition of such costs, cxpcoses or liabilities, except willful misconduct or gross negligence or malf""'~nce toward the Owners in the perfonnanre of duties. The foregoing right of indemnifir.ation shall be in addition to and not in limitation of all rights to whicl1 such persons may be entitled as a matter of law and shall inure to the beœfit of the legal repfP.!:t"11btives of such person/s. SECTION: 13. EXCULPATION. No member of the Managrment Committee shall be liable for the acts or defaults of any other member or for any loss S11!:tained by the Owners as a result thereot: unless the same has resulted from hisIber own willfullJ1iSCI1Mnr.t:. SECTION: 24. MECHANIC'S LIEN. UOUNL\D HIiIGKJ'S CONiXJWINILIoIBI COUECŒD CCR.'S Page 18 of 34 U922774 000849 No labor perfoIIDed or materials furnished for use in connection with any Condominium Unit with the consent or at the request of the Owner thereof or his agent, contractor or subcontractor, shall create any right to file a sþttt".l11t"flt of mechanic's lien against the Unit of any other Owner not expressly consenting to or requesting the same or against any interest in the General Common Rlf'n\ents except as to the undivided interest therein appurtenaDt to the Unit of the Owner for which such labor shall have been performed and such materials shall have been furnished. Each Owner shall indtonmify and hold hamùess each of the other Owners from and against liability or loss arising from the claim of any claim against the Condominium Unit of the Owner, or any part thereof: for labor performed or for materials furnished in work on such Owner's Unit. At the written request of any Owner, the Association shall CDÍorce such indPntnÎty by collecting from the Owner of the Condcvninium Unit on which the labor was perfoIIDed and materials furnished the amount necessary to discharge any such lien. and all costs incUbúal thereto, including attorney's fees. Ifnot promptly paid, the Associatiœ may collect the same in the mann~r provided herein for collection of 3SSeS!ò:tnl'!Itfs for the purpose of discharging the lien. SECI'ION: 25. RESERVATION FOR ACCESS. The Association shall have the irrevocable right, to be exercised by the Management Committee or the Manager, to have access to each Unit from time to time during rea.~ble hours as may be necessary for the mainterutl1('e, repair or replaCP.l11l".nt or for maJc11lg rmergeocy repairs therein necessary to prevent damage to the General Commnn Elements or to another Unit. Damage to the interior or any part of a Unit resulting from the maintenanr.e, repair, emecgency repair, or replacement of any of the General or Limited Common FJf>n1CI1ts or as a result of emergency repairs within another Unit, at the insistence of the Management Cnmmittee or the Manager, shall be a cnmmorJ expense of all the Unit Owners unless such damage is the result of the misuse or negligence of a Unit Owner or such Owner's invitees, guests or repr~atives, in which case such expense shall be charged to such Unit Owner. SECI'ION: 26. MAINTENANCE RESPONSmILITIES. The maintt".rutnr.e and repair of the exterior of the building and the General Common Elements will be the responsibility of the Association, not the individual Unit Owners. An Owner shall ¡naintain, replace and keep in good repair the interior ofhislber own Unit, jnclndillg the fixtures, window glass, doors, appliances (i11cludillg but not limited to the fumaœ and the fumaœ ducts which are specifically installed for that Unit, hot water beater, kitcben. stove or micro-wave oven) and interior paint and wall coverings. All fixtures and equipment in!rt311ec:J within the Unit commmcmg at a point where the utilities (including but not limited to power, gas, and telephone lines) enter the Unit shall be maintained and kept in repair by the Owner thereof. The Unit Owner must repair items such as paint and sheetrock which are damaged by the Unit's occupant!ò: or fire unless the repair cost is covered by the insurance of the Association. An Owner shall do no act nor any work that will impair the structural soundness or integrity of the Unit or the Unit of any other Owner. An Unit Owner shall also keep any Common Area appurtenant to hislher Unit in a clean and sanitary coodi:tion. An Unit Owner shall be responsible for the cost of repairs for damage caused by the ~igf'nce of the himseWberself or any occupant ofhislher Unit, to the extmt uninsured by the Association (such as the deductible amount). Unit Owners are reauired to maintain their own Home Owner's ContÞninium Unit Owner's Insurance and to require renter's to obtain their own Home Owner's Renter's Insurance Policies as aooropriate to cover their own insurance needs and oavment of damaøes. such as the deductible amount.. which is not insured bv the Association itself. Declarant shall not be liable for the costs of maintP.rutnce, repair or rep1a("P.Jneßt of any Units or other improvements. WOl.Nr.AJN HIiIGHl'S CONDOWINWWS, COUEC1'ED CCR."S Page 19 of 34 ~~mi~¡;~;!;~;~;~;;J' ~¡~m;m[i~;im;' '..._.--,-~.",.... ..,. U92~774 000850 SECfION: 27. REVOCATION OR AMENDMENT TO DECLARATION. This Declaratiœ of Coveoants shall not be revoked unJess all oftbe Unit Owners and all of the holders of any recorded first mortgage or first deed of trust covering or affi:cting any or all of the Units unanimoosly consent and agree to such revocation by instrument duly recorded. This Declaration of Covenants shall not be aJI1P.IIderl uoJess all the Owners of the Units consent and agree to such ~ by ÌDstruD.1mt duly recorded and attested by the president and secretary of the Association, provided that :unendrnrnt of this Declaratiœ of Covenants shall always require the consent of all holders of any recorded first mortgages. SECfION: 28. ADDITIONS. ALTERATIONS AND IMPROVEMENTS. The Declarant retains full authority to further improve the Property and add to and utilize the GeocraI Ownmon RIP.mP.IIt, until such time as the Project is tumed over to the Association by the Declarant as set furth herein. SECfION: 29. ASSESSMENTS. The maIci"8 and coIlectiœ of Assessment Liens of any nature nom Unit Owners for their share of Commnrt &pcoses (determined pursuant to this Article and other applicable provisions of this Declaratiœ of Coveœnts) shall be carried out by the Management Committee in accordance with the following proVJS1œS: A. When Ässessments Commence. AssesmnP.nts for any Cnndnminium Unit shall ~ on the applialble date specified by the Declarant, but not later than the date of closing of a sale of a completed Unit by Declarant. B. Shares of Common Eroenses. Each Owner of a Unit shall be responsible for an equal proportionate share of all approved worlciog capital funds, approved current annual funds and approved ODe time special assessment funds. Such Common &pcoses shall be the responsibility of all Owners and shall be shared by all Owners on an equal Unit-by-Unit basis. The amount of the Cnmmon &pcoses assessed against each Unit shall be the personal and individual debt of the Owner/s thereof. No Owner may exempt him!ilClf from liability for his contribution towards the Cnmmon &pcoses by waiver of the use or enjoyment of any of the General Cnmmt\'1 ElemP.I1ts, by attempting to do the maintenal1l"~ himse1f7berself or by aba~t ofhislher Unit. The Ma~ Committee in its discretiœ may bill specific Unit Owners for specific services or repairs for damage caused by the ~igeoce of that Unit Owner or invitees to the extent uninsured as a special a"~~ against the applialble Owner/s and their Unit/so In the event of default in the payment of the as~ctml'!nfs, the Unit Owner shall be obligated to pay interest on the amount of the as~1m1P.I1t from the due date thereof: together with all expenses incurred. including attorney's fees, together with such late charges and interest as are œcided upon by the majority vote at a regular annual meeting. It is expressly UDderstood that the provision of certain services and water usage as provided by membership in the Star View Estates Association and any assessments required thereby are the individual Owners Unit-by-Unit responsibility. c. Iòflhts to Collect From Tenant. If an Unit Owner shall, at any time, lease hislher Unit and shall be in defau1t for a period of ODe mœth or more in the payment of assessments or other MOUNTAIN HI!IGHl'S CONDCIUINII.BIS I CORaEC'ŒD CeJI.'S Page 20 of 34 ...."'....-......·,··.'··-0· . ............................... ~.__'-- ".-.,.~ 0.' " 0,." 09227'74 000851 charges, the Management committee may, at its option, so long as such default shall contimle, demand and receive from any tenant or subtenant of the Unit Owner the rent due or becoming due; and the payment of such rent to the .Marut~t Committee shall discharge such tenant or subtenant from the obligation for rent to the Unit Owner and the Unit Owner from hislher oblig;¡tion to the Association, to the extent of the amount so paid. The Management Committee shall be fully entitled to demand and receive a copy of the applicable lease agreement. SECTION: 30. INSURANCE. The Management Committee, or Manager, shall obtain and maintain at all times insurance of the type and kind stated in this Declaration of Covenants issued by responsible insurance companies authorized to do business in Wyoming. The fire and eJCtPnded coverage insurance, including vand~lisrn and malicious mischief: to be maintained as to the Units shall also cover all fixtures, interior walls and partitions, decorated and finidJed surfaces of perimeter walls, floors, and ceili"8~, doors, windows and other elements or materials comprising a part of the Units. The insurance shall be carried in blanket policy fonn naming the Management Committee the insured, as attomey-in-fàct for all of the Unit Owners, and shall be a Common Expense, which policy or policies shall contain a standard nœ-contributory mortgage clause in favor of each first mortgagee, and a noncancellation clause (whether or not requested by the Owners of Units) providing that such policy or policies may DOt be canceled except upon thirty (30) days' prior written notice thereof to the .Mana~t Committee, each first mortgagee and every other person in interest who shall have requested such notice of the insurer. The Management Committee, or the Manager, shall also obtain and maintain public liability insurance insuring each member of the Management committee, the Manager, if any, the Association and the Unit Owners against any liability to the Owners or any other person incident to the ownership of or use of the Project or any part thereof. Limits of liability under such insurance shall DOt be less than Five Hundred Thousand Dollars($5oo,000.OO) for anyone person injured, One Million Dollars ($1,000,000.00) for each occurrence, and Five Hundred Thousand Dollars ($500,000.00) for property damage for each occurrence. This is just the minimum amount, and it is expressly cnntemp1ated that the Mana~ Committee may, in its discretion, obtain insurance with higher limits and insurance against risks (such and earthquake damage) which are not specifically referred to herein. SECTION: 31. RESTRICTIONS RELATING TO INSURANCE COVERAGE. Without the prior written consent of the .Marut~ Committee, oothing shall be done, kept or permitted to exist in any Unit or in the Common Area., which will resuh in an increase in the rate of insurance therein. No Unit Owner shall permit anything to be done or kept in his! her Unit which will resuh in the t".ancel1ation of insurance covering the Project or any part thereof: or which would be in violation of any law. SECTION: 32. FORECLOSURE OF LIEN. The Association shall have the power to bid in the indebtedness owed to the Association at any foreclosure sale and to purchase, acquire, hold, lease, mortgage and convey any and all Units purchased at such sale. SECTION: 33 MORTGAGES. MOUNTAIN HEIGH'I'S CONDOIo4INIIJYS I COIUŒCl1ID CCM. 'S Page 21 of 34 'ifm¡;¡llilli~i~¡~j IX~~~:~..~::~J:~ ~;:i:·~·: :..~...M..i:.' ~~~~~t~~1f;,~~~1 n~~tJl;~~~ 0922774 000852 A. MOTtoa~~. The term "Mortgage" as used herein sball mean any recorded mortgage having priority over other mortgages and sball include a recorded deed of trust. The term "Mortgagee" sball mean the holder and owner of a mortgage and sball include a beneficiary under a deed of trust, as well as any insurer or guarantor of the mortgage. B. Notice. All Mortgagees are f".I1tit1ed. upon written request and after furnishi11g their addresses in writing to the Association or the Manager, to receive written notice of any default under this Declaration of Covenants or Assessment Lien which has become delinquent by the Owner of the corresponding Unit. c. Subordination of Assessment Lien. The lien of any assessment created under this Declaration of Covenants which arises before the time at which a Mortgagee obtains title to the mortgaged property sball be subordinate to the lien of the Mortgage held by the Mortgagee. However, the sale or transfer of title to property by deed. assigJnnent or conveyance in lieu of foreclosure or any other voluntary conveyance of title, sball not relieve, (a.) a party or its grantee (other than a Mortgagee) or other successors and assigns (whether as a resuh of a foreclosure or deed-in-lieu of foreclosure or otherwise by specifically excluding any Mortgagee itself) from liability from any charges which become due and payable before such sale or transfer or, (b.) a party or its grantee or other successors and assigns from liability from any charges which thereafter become due and payable, as the case may be. D. ADDlication of Assessments. No Mortgagee sball be liable for the payment of as~smf'nts against the mortgaged property, except those accruing after such Mortgagee obtains title to the property pursuant to its remedies under its Mortgage. E. Notice bv Mort~o-ees. All persons and œtities holding a Mortgage affecting any portion of the Mountain Heights Cnndominiums sball give writ:tœ notice to the Association of the nature of their interests in the Condominiums along with contact information, the recording information pertaining to all deeds of trust, mortgages indebtedness secured by any such deed of trust, mortgage or security instrumeot. Any entity who has not givm the DOtice required by this section sball not be ð1titlcd to the rights of a Mortgagee accorded by this Declaration of CovaJaDts. F. No Tmnairmmt of MoTto-ao-e Liens. No violation or breach of or failure to comply with any provision of this Declaration of Covenants and no action to enforce any such provision sball affect, defeat, render invalid or impair the lien of any Mortgage, deed of trust or other lim on any Cnndnminium Unit or the General Common EIen1ents talœ:n in good faith and value and perfected by recording in the office of the County Clerk of Lincoln County, State of Wyoming, prior to such violation, breach or failure to comply with any provision of this Declaration of CovaJaDts; nor sball such violation, breach, failure to comply, or action to enforce, effect or defeat, render invalid or impair the title or interest of the holder of any such Mortgage, deed of trust, or other lim or the title or interest acquired by any purchaser upon foreclosure of any such Mortgage, deed of trust or other lien or resuh in any liability, persona1 or otherwise, of any such holder or purchaser. Any such purchaser on foreclosure sball, however, take subject to this Declaration of Covenants; provided, however, that violations or breaches of, or failures to comply with. any provisions, of this Declaration of Covenants which occur prior to the vesting of fee simple title in such purchaser sball not be Memed breaclJes or violations hereof or fuilures to comply herewith with respect to such purchaser, his heirs, personal reprP.!i:l".l1fatives, successors or assigns. UOONTAIN HElGKfS CONI:JOtoüNUIS I COUECl1!D cca.·s Page 22 of 34 · __. ,_m__ _0 __o___.____.~__.. ._ n9227~74 000853 G. Seœrate Mort~ø~. Each Unit Owner sball have the right to mortgage or otherwise encumber his Conðnminium Unit~ however, no Owner sball attempt to or sball have the right to mortgage or otherwise eocumber the General Common FJf'nV'flts or any part hereof except the undivided interest therein appurtenant to hisIher CnruÞninium Unit. Any mortgage or other encumbrance of any Cnndnminium Unit within the Project sball be subordinate to all of the provisioos of this Declaration of Covenants, and in the event of foreclosure the provisioos of this Declaration of Covenants sball be binding upon any Unit Owner whose title is derived through the foreclosure by private power of sale, judicial foreclosure or otherwise. H. Pavmœt Order In the Event of Sale or Foreclosure. The order of payment of sale or funds derived therefrom sball be in the following order: I. Payment of taxes and special assessmmt lims in mvor or any assessing entity, and the customary expense of sale~ 2. Payment of the balance of the lieo. of any first mortgage or trust deed, with interest and/or any prepayment penalty~ 3. Payment of unpaid Common Expenses, the As~sment Lien or special assessments together with back Assessmmt Lien if any, with interest and reasonable attorney fees~ 4. Payment of junior liens and encumbrances in the order thereof and to the extent of their priority~ and 5. Payment of the remainirtg balance, if any. to the Unit Owner. SECTION: 34. RECONSTRUCTION. This Declaration of Covenants does hereby make nunvlI,tory the irrevocable appointment of an attorney-in-fuct to deal with the Property upon its destruction, for repair, reconstruction or obso1esceoce. Title to any Unit is declared and expressly made subject to the terms and conditioos hereof. and acceptance by any grantee of a deed or other inst.rumeot of conveyance from the Declarant or from any Owner or grantor sball constitute appoilttn'tP.nt of the attorney-in-fuct herein provided. All of the Owners irrevocably constitute and appoint the Management Committee their true and lawful attorney in their name. place. and ~ for the purposes of dealing with the property upon its destruction or obsolescence as is hereinafter provúbl. As attorney-in-fact. the Managemeot CoInmittee sball have full and complete authorization, right and power to make, execute and deliver any ~ deed or any other instrwneot with respect to the interest of a Cnndomini'Jm Unit which is necessary and appropriate to exercise the powers herein granted. Repair and reconstruction of improvements as used in the succ.t¥.clirtg paragraphs means restoring improvements to substantially the same vertical and horizontal boundaries as before. The proceeds of any insurance collected sball be available to the Managf'nV'flt Committee for the purpose of repair, restoration, reconstruction or repla~!: unless the Owners and first mortgagees agree DOt to build in accordance with the provisions set forth hereinafter. A. In the event of damaøe or destruction due to fire or other disaster. the insurance Droceeds. if sufficient to reconstruct ÎIDDrovements. sball be applied by the Management Committee, as attorney-in-fact. to such reconstruction. and improvements sball be promptly repaired and reconstructed. The Management Committee shall have full authority, right and power. as att.omey-in-fact. to cause the repair and restoration of the improvements. B. If the insurance proceeds are insufficient to reoair and reconstruct improvements. and if sucl1 dama're is to one-third or fewer Condominium Units. sucl1 damage or destruction shall be UOUNfAINHEIGKI'SCOHDOYINJUMS/COIUlEC'ŒDCCI:S Page 23 of 34 :;::1:i:·:~::~~;::!:1 1~,·.i=,5 .......,... ::f~~;gf? 092~774 OOOSS4 promptly repaired and reconstructed by the Management Committee. as attorney-in-fact, using the proceeds of insurance and the proceeds of an assessment to be made in the manner hereinafter set out. If any mortgage or trust deed holder of any damaged Unit required and received payment of any part of the insurance proceeds, the Owner of that Unit shall pay to the Management Committee the amount SO received by such mortgagee or trust deed bolder for use by the Managen:KØ Cnmmittee, with the balance of the insurance proceeds. in repairing and reconstructing pursuant hereto. The insurance proceeds, together with payments made by Unit Owners shall be held in a building account for use in repairs and reconstruction pursuant hereto. Any deficiency in the building account shall be assessed against the Unit Owners as a commnn expense. Such assessment shall be payable within ninety (90) days after writtœ notice thereof to the Owners assessed. The Managemem Committee shall have full authority. right and power, as attorney-in- fact, to cause the repair or restoration of improvements using all of the insurance proceeds and Unit Owners to pay an as~!mlem. The assessment provided for herein shall be a debt of each Unit Owner and a lien on hisIher Condominium Unit and may be enforced and collected as is provided in this Declaration of Covenants. In additioo thereto. the Management Committee. as attorney-in-fact, shall have the absolute right and power to sell the Cnndnminium Unit of any Owner refusing or failing to pay such deficiency assessment within the time provided, and if DOt so paid, the Management Committee shall cause to be recorded a notice that the Condomi"ium Unit of the delinquent Owner shall be r~uire to pay to the Management Committee the costs and expenses for filing the notices. interest at the rate of 10% per annum on the amount of the assessment from and after said 90 day period, and all rea~able attorney's fees incurred in selling the Unit and coJler.ting said asses~. The proceeds derived from the sale of such Condominium Unit shall be used and disbursed by the MaJU\g~ Cnmmittee. as attorney-in-fact, in the following order: 1. Payment of taxes and special assessment liens in favor or any assessing entity. and the customary expense of sale; 2. Payment of the balance of the lien of any first mortgage or trust deed, with interest and/or prepayment penalty; 3. Payment of unpaid Cnmmnn Expenses. the Assessment Lien or special asses!m1t'nfs together with back Assessment Lien if any, with interest and reasonable attorney fees; 4. Payment of junior liens and mcumbrances in the order thereof and to the extent of their priority; and 5. Payment of the remaini11g balance, ifany, to the unit owner. NOTE: Under the conditions listed below in Section 34, Reconstruction, Paragraph C. the balance remaini11g, if any. shall be paid to the unit owners based on the percentages set forth in Exhibit B hereto. C. If the insurance Droceeds are insufficient to reoair and reçonstruct the da.ma2ed ÍInDrovemeots. and if such damaue is to more than one-third of the Condominium Units. Reconstruction shall be as follows: 1. If the Owners reprP.V'!nt1ng an aggregate ownership interest of 51 percent, or more, of the GmeraJ. Common EJð1V".I1ts do not voluntarily, within 100 days after such damage. make provisions for reconstruction, which plan must have the unanimous approval or consent of every bolder of a first mortgage tbco of record, the Mana~t Committee shall forthwith record a ootice setting forth such fact or facts, and upon the recording of such notice. the mtire Coodominium Project shall be sold by the Mana~t Committee pursuant to the provisions of this paragraph, as attorney-in-fact for all of the Owners, free and clear of the provisions cnntained in this Declaration of Covenants and the UOUNrAINHI!IGH11ICONDOWIHUØ/(X)UJ;CŒD(X1'S Page 24 of 34 ...... ..-.--.-. -'. .-.- .-- '0922774 000855 Plat Mapls. The ÏDIur.mce Cl'!ttll'!ml"nf proceeds sball be coUected by the Ma~ement Cnmmittee, and such proceeds sball be divided by the Management Committee according to each Owner's percentage interest in the Gmeral CnrntnQI'I Elements, and such divided proceeds sball be paid into separate accounts, each account repr~"B one of the Cnruþninium Unit desiptinn and the name of the Owner. The total funds of each account sball be used and disbursed, without caotribution ftom one account to another, by the Ma~g~ Committee, as attomey-in-iàct, for the same purposes and in the same order as is provided in Paragraph B, 1. through 5., of this Sectiao 34. 2. If the Owners I'CpJ"P. U'ntÎ"B an aggregate ownership interest of 51 %, or more, of the Units adopt a plan for reconstruction, which plan has the unanimous approval of all holder of first mortgages then of record, then all of the Owners sball be bound by the tenDs and other provisiaos of such plan. Any assessment made in CODDeCtion with such plan, sball be a lieu, and may be coforced to the extent and in the manlU'!r set out in paragraph B of this Section and sball be due and payable as provided by the terms of such plan, but not sooner than 90 days after written DOtice thereof The Management Committee sball have full authority, right and power, as attorney-in-iàct, to cause the repair or restoration of improvements using all of the insurauce proceeds and any Unit Owner's payments for such purpose notwithstanding the failure of any Owner to pay an assessment. 3. The Owners reprr-nring an aggregate ownership interest of aoe-tbird of the Cl1ß111VVI elf'211el1t9 may agree that the buiMi"&liI should be razed and DeW ones built, and adopt a plan for the reoewal and reconstnJctioo, which plan sball require the unanimous approval of all holders of first mortgages of record at the time of the adoptiœ of such pm If a plan for the reoewal or recœstruction is adopted, any assessment made in CODDeCtion with such a plan sball be payable by all of the Owners as Common Expense; provided, however, that an Unit Owner DOt a party to such plan for renewal or recœstructiœ may give written notice to the Management Committee within 30 days after the date of optiœ of such plan that such Unit sball be purchased by the Managemf!l1t Committee for the &ir marlœt value thereof. The manag~ Committee sball then have 60 days thereafter within which to amœ1 such plan. If such plan is not canceled. the Unit of the requesting Unit Owner sball be purchased according to the following procedures. If such Unit Owner and the Ma~ CnmI11Îttee can agree œ the fàir marlœt value thereot: then such sale sball be consummated within 60 days thereafter. If the parties are unable to agree, the Unit Owner sball appoint his own appraiser and the Manag~ CQI11mittee appoint its own appraiser and the average of the two appraisals sball be the purchase price; or the Unit Owner may take the matter to mediation or arbitration as set forth herein, which ~ision sball be binding and final. In the event of arbitration, the Unit Owner sball be liable for all reaCQllab1e attorney fees and/or arbitration fees. The expenses and fees of such appraisers sball be bome equally by the Management Committee and the Unit Owner. The sale sball be cnnsummated within 60 days thereafter and the Managl"n1ð1t Committee, as attomey-in-1àct sball pay the purchase price therefore in cash and sball disburse such purchase price for the same purposes in the same order as is provided in Paragraph B, 1. through 5., of this Sectiœ 34. At the time ofpaymœt to such Unit Owner, such Unit Owner sball deliver to the Ma~ Cnmmittee, or its nnmi~. a good and svfficient warranty deed to the Unit, fully executed and in recordable form, free and clear of aIllicus, charges and f!I1rnJrnbrances. WOUNTAIN IŒIGIlI'II CONIJOWNlUUSJ CORi.ECIED co.'s Page 25 of 34 ·': i':·;';'· ··;j:,~':': :::::~::r:r:::::~~: :0:~ '{I, "K:!I':;i-;~l : " . :,' ~'i. j~¡"J~~I"I~ ; '::::" ;:::: :~~::~:i:~~ ;:~·:~f~~ ----------_.- ._._----_..._-----_._--~ ___·_·····_··_·__H. - -- - . - .......----...... .-..-----...----.--... _...~-....>-....~ '..= ._", . .."., -.......,.....,.... U922??4 000856" SECTION: 35. GENERAL RESERVATIONS. Dec.la.tant reserves the right until completion of the Project and until a written st~t~t to that effect is recorded by Declarant. to establish ~ts, reservations, exceptions and exclusions and for the best interests of the Project. SECTION: 36. COVENANTS TO RUN WITH THE LAND. Each of the covCDaDts of this Declaration of CovCDaDts shall run with the real Property, which is the subject of this Declaratioo of CovCDaDts, and c:acb. and every CotvinminiUDl Unit and every interest therein or pertaining thereto, and shall bind the Declarant, its successors, grantees and assigns, and all parties claimi~ by, through, or under the Dec.la.tant. Each purchaser of any Unit shall, by acceptance of the deed or other con.veyance of any such Unit, be conclusively dE'1P.med to have con.~ted to and agreed to c:acb. and all of said covCDaDts for himselflberself and hisIber heirs, executors, administrators, successors and assigns, and does, by said acceptance, covenant for himseWherseIf and hislher heirs, executors, administrators, successors, and assigns, to observe, perform and be bound by c:acb. and all of said covCDaDts. SECTION: 37. ASSIGNMENT OF DECLARANT'S RIGHTS. Declarant reserves the right to vest any entity with all or any of the rights, interests, privileges, easements, powers and duties herein retained or reserved by Declarant, by a supplemf'.l1taJ declaratioo and assipnmt which shall be effective when recorded in the Office of the County Clerk. Lincoln County, Wycming, and Dec.la.tant shall thereupon be relieved and discharged ITOO1 every duty so vested in such other entity. SECTION: 38. ARBITRATION AND MEDIATION. All disputes not involving claims for indemnity and arising under this Declaration of CovCDaDts between an Owner or Owners and the Association or the Management Committee shall. upon the request of either party, be resolved either by mMiatioo or arbitratioo. In the event any such Owner or Owners are aggrieved and wish to pursue a Claim with respect to any provision hereunder or otherwise against the Association such Unit Owner may only do so through the below listed actions. The foregoing is not intf'.l1ded to be a limitation to all the rights to which such personIs may be ðltitled under the laws of the State of Wyoming. A. Any "Claim" which any party has against another party pertaining to the matters set forth or referred to in the Declaratioo must be presented by the claimi~ party to the other within one (1) year of the date the claimi~ party knew or should have known of the facts giving rise to the Claim. B. The Parties shall make every rea<:n1'Utble effort to meet in person and encourage the amicable resolution of disputes, without the emotional and fin~n('.ial costs of litigation and confer for the purpose of resolving the Claim by good firith negotiation. If requested in writing, accompanied by a copy of the Notice, the Management Committee may appoint a representative to assist the Parties in negotiation. YOUI(fAJN HEIGHrS CONDOtomm.Ja.IS I COIlRI!Cl1ID CCJI."S Page 26 of 34 ......_...... ,...... ," '.'.'J.".~~.." L"...._.._~_· ,_. '~'.'L·_""'''''''_·.''''''·' "~~":'._.''''''''''' ..,. n92~??4 000857 C. If the Parties do not rœolve the Claim within thirty (30) days after the date of the Notice (or within such other period of time as may be agræd upon by the Parties) (''Temúnation of Negotiations"), Claimant shall have thirty (30) days to submit the Claim to mediation under the auspices of the American Arbitration Association (" AAA") in accordance with the AAA· s Rules, as appropriate. This is not intended to preclude the parties from agreeing. in writing, to S1tbmit their dispute to another alternative dispute rœolution OJVni:rnrion or individual for mediation. D. If Claimant does not submit the Claim to mediarion within such time, or does not appear for the metiiarion. Claimant shall be rlf.P.med to have waived the Claim; and, as a resuh ot: Respondent shall be released and discharged from any and all liability to Claimant on account of such Claim; provided, nothing herein shall release or discharge Respondent from any liability to any Person other than the Claimant. E. Any IU".ftlement of the Claim through mediation shall be docnmnlted in writing by the mediator and signed by the Parties. If the Parties do not settle the Claim within thirty (30) days after submission of the matter to the mPLIiarion, or within such other time as determined by the mediator or agræd to by the Parties, the mediatnr shall, issue a notice of termination of the mediation proc~i"8s (''Termination of Mediation "). The Termination of Mediation notice shall set forth that the Parties are at an impasse and the date that mediation was terminatf".(). F. Each Party shall bear its own costs of the mediation. including attorney's fees, and each Party shall share equally all charges rendered by the mediator. If the Parties agree to a rœolution of any Claim through oegotiatiœ or ~iation in accordance with this Section 38 and any Party thereafter fails to abide by the terms of such agre.emerú, then any other Party may file suit or initiate arbitration pr()CPP.lii"8!i1 to enforce such agreement without the need to again comply with the procedures set forth hecein. In such event the Party taking action to enforce the agreanent shall be entitled to recover from the non-complying Party (or if more than ODe, from all such Parties pro rata) all costs incurred in enforcing such agr~t> including without limitation. attorney·s fees and court costs. G. Upon Termination of Mediation. Claimant shall thereafter be entitled to initiate final, binding arbitration of the Claim under the auspices of the AAA. The arbitration shall be ~ncted in accordance with the Commercial rules of the ~ as appropriate. Such claims shall not be decided by or in a court of Jaw. Any judß1'1ent upon the award rendered by the arbitrator may be entered in and enforced by any court having jurisdiction over such Claim. If the claimed amount exceeds $500.000.00. the dispute shall be beard and determined by three arbitrators. Otherwise, unless mntnal1y agreed to by the Parties. there shall be one arbitrator. Arbitrator/s selected shall be qnalifietj in the subject matter of the arbitration service and such rules shall specifically include rules of practice, procedure and evidence. H. Each Party shall bear its own costs and expenses and an equal share of the arbitrator's and administrative fees of arbitration. Notwithstanding the foregoing, if a Party unsuccessfully contests the validity or scope of arbitration in a court of Jaw, the oon-contesting party shall be awarded reasonable attorney·s fees and expenses incurred in deff"flliing such contest. All decisions respectiog the arbitrability of any Claim shall be decided by the arbitrator/so I. The decision of the arbitrator/s shall be conclusive and binding upon the parties and shall be enforceable through procedures adopted under the Jaws of the State of Wyoming for the WOUNTAINH£lGHTSCOHDOWINUtS/COUECTEDCCn Page 27 of 34 ::.jf.~i! ~~::::: It400 ,.-':1." r!¡~I~mmi! ,...................... ,..,....,....,.,..,........,.0..'...,_ -,'........."...., . ;.. '.-. ....-......... U~~2774 000B58 œforccmeot of arbitration awards. The award of the arbitratorls shall be acccmw~n1ed by detailed written find1ng~ offàct and cooclusians of law. Except as may be required by law or for confirmatioo of an award, neither a party DOr an arbitrator may disclose the existence, content, or results of any arbitration hereunder without the prior written CODSeDt ofboth parties. IN WITNESS WHEREOF, this Declaration has beœ executed by the Declarant effective as of the date of recordatiœ hereof. DECLARANT: BRUCE M. DAVIS AND BEITY B. DAVIS &::';1;~ Bruce M. Davis t5/!/ý. t!5. f)~ Betty B. Davis STATE OF WYOMING :SS COUNIY OF LINCOLN ~ The for~~ instrumaú: was aclmowledged by -8 t Ú. ~ e'-fY/ fJo. u ( .~ and ~-I-~ 1S (..J(JUt'5, onthis Ie¡ day of ,,5,../JH/lYtfH,;- 2006. WITNESS my hand and official seal. CWIIM tJ'WnlCN Nafary NIle ~ c..., ""10 Mv CamI,....." ~ .:s ")-s- :1010 &auCÚOl' adu.1~ Notary Public (Seal) ~CJI Ò .. . c-- - .., ~<- ;. .<\ ../I ø_ C>+ My cnmnl1~SIOD expires -.:::. çz: ~ ~ C7 0' ~ UOUNTADi IŒIGIITS CONIJOUINI\AIS I COIW!CI'ED CCI.·S Page 28 of 34 n9227~':4 000859 EXlDBIT A LEGAL DESCRIPTION . A Tract of Land located within the SW 1/4 of the NE 1/4 ofSectiœ 21,Township 32 North, Range 119 West, 6111 P.M., I.inr.oln County, Wyoming, being úbúical with Lot 33 of the Star View Estates Subdivision, according to that plat recorded in the Office of the Lincoln County Clerk on November 4, 1981, Instrummt No. 568074. Map No. 277~ which Development Land as been divided into four (4) Cnndnminium Units. SUBJECT TO: All ea~5 of site or of record and more particularly described on the Plat Map's ::iItt1fched hereto and all ea~s of site or record recorded œ the Stat View &tates Subdivision Plat. SUBJECT TO: All Coveuants, Cnnditioos and Restrictioos set forth herem for the Mountain Heights Condominium Project and its Assnciation and of record set forth for the Star View Estates Subdivisiœ and its A~~i¢Íoo. MOUNTAIN HEIGHfS CONIX)WINJUUS/CO&RECI1!D CCIl'S Page 29 of 34 ~~~;i:!::::::::~:::::~ >i~lili~ U9~27í"j4 000860 EXlDBIT B PERCENTAGE OF OWNERSHIP IN 1HE GENERAL COMMON ELEMENTS 4 UNITS, AT 114m (25%) VOTE FOR EACH UNIT tdOIJNfAIN HIOOHTII CONDOMINIUMS I COItüCI1!D CCIl'S Page 30 of 34 ·~__·.~_.·,~.H.,....,.~.,. .......,_.'."...___. ......,.... "'..............-........... ......._~......".....,-"'..........-"..~.-..'. ". '.'.'. . .,,'-............. """. ._n. ·.-.,r......'.:.....__......'.o.a.:"....."" 09Z27?4 OOOB6,. EXIllBIT C APPROVED BUlLY BARN PLAN 11ús approved Bully Bam Plan may be altered or wholly AJnP.nded by 3D unanimous vote Qf the members at aD amaual ~ or a special ~ of1he Mnunbm Heights Cnntinminium AssOCiation, and sucl1 a~t will be in effect and binding upœ recordatiœ of 3D ~ EXlDBIT D in the Office of the Lincoln County CJerk. Any Bully Barn sball be as located œ the Plat Mapls. The location may be changed with a UIlArnmn...s vote oflbe nr..rnbers at an aooual ~ng and an ~ Plat Map/s be fiJed in the Office of the I.incoIn County Clerk. BULLY BARN PLAN Jtr OSB !'I . J.. ... x rñilF-- .. x~-pIIt 4'" J[ r-...... YBONT n..:EVATION . Ill"' œ:B »- ~ .eø6I DOOR hiJI!Cd .. CI8e IIÏde or hiDaed l1li boIh sides 128 O'IU.... REARELEVATlON 4I8D ~"mAt. (~4820"" . ..~~.:=-.....-..............-.:~--:..&:.-':~~~-=..::-~..... .....-<,-...- .........,¿.~~- ..- .-......Ii~ CGIII;Iåc'" wiIh 2avws -w-.s . .. ........... edge em ... ..~,- tðIII zr-daI fill ~ 12"..0- 1 SCALE: 114- = 1'-0" WOUNTAIN HEIGHTS~/COItUCl1iDCCR"S Page 31 of 34 *:::1:¡::~:::*:::~ ~milim~;~~~ ?~:~~ ;;:::;:;i:t~~~*::::! ......b¥..._.... 0922774 / 000862 (EXHIBIT C Cnntinned) BULLY BARN PLAN "SIDE -------- --------- ------ -------- ~.... ¡.c Z o ~. FLOOILPI..AN U'-ð" a: 16"~ · · · , · · ø= I · . , 9 c;Þ ~ N ~ - 'W- - ~ ....,..,.. 1"1.. 4"' ....... _ r."_ 4- ~( -l......œ ....1_ I........ --.-ip""'" ~r · c¡a · L __ .. _.. - ... . . - .. . . .. - .. -.. .. - .. -.. .. - .. - - - - - --... -1£.-0- I SIDE ELEVATION .......... .... c-*a L-"~\.. ,.......18.... ~ CIIl ur 0S8 ~illl wiI.b r x" ... (j 16- D.C. . I·x~ Ilia ID-œ CIIIIIIiÞ ...... ..........10 IDIIr:I1 ...~ rxc-016-o.c. .u ~wiIb . ""xrT-I-U SÌIÜ8& Baba11D~ slab ach4' ... 12""..... .~ - .... . ----- - - - -*--.. - - ---- ----- ------- - ---- MOUNTAIN HI!IOHI"S CI:INDOMINIIMS I CXIUU1CI1ID CCJl·s Page 32 of 34 SCAI..E: 1/4-" 1"-0- ,,' ·_,_..-...._..-,......"~.,.,, ................ 09~Z'i'í'14 00086~l EXlßBIT D SAMPLE BUDGET FORM This form is to be aoly a sample budget and reflects the miniml,m items to be included apd allocated for and the method of accnmn1arion of the separate allocated funds into separate accounts for the purpose for which they are inter1ded in the budget assessmmts and does DOt reflect the actual amount of each item, which amnnnt~ sball be approved and/or adjusted at least annna11y or as needed by a majority vote of the Associatiœ members at any annual nv>P.ti"B or special1'nH!ti"B of the Mountain Heights Cnnrlnminium Home Owner's Association and such adjustments sball be kept on file with the Management Committee budget records and sball be binding upon a majority vote therœfter. SEE AITACHED SHEET: MOUNrAIN HEIGH1'S CXJNDOMIHIUMS I CO&&IiCTED CCJl'S Page 33 of 34 1;:t~1¡!i1tjffi:l*¡ t':!¿!I:ilit1~t1 . .,.,'.! ~lili.. ,i, ~:jg1:,'f::f . )i]¡mI1~ .------"---.--- 4 ___.._____..___. U922774: . --- --' .--~--- -- --.-. ---- ------ -.~- ._~----._------ --.-----. .-- --------- -------. --- ------------- n_ -_nOOOB64 _ (EXHIBIT D Cnntinued) ........ Fonn (8AIIPI.E) MOUNTAIN HEIGHTS CONDOMINlMUN ASSOCIATION MONTHLY .&RRJ;~ _~__1DIIIUAMI_""'" -.-. P.O. BOX 148 AFTC*, WYOMING 83110 I --.r'QiM .... IMTEau:D IMTEÐUE mmI10 'w 1DßtL'tDŒ: 135.75 ....DUE: 10.00 1fIIIIEIn'DUE: $0.00 ~--I ~~s~~~ ~___f1lJ lIr~ ~&~ -....... ~...... ... \/IIw e.-...-. ~....c.... 1210.00 1210.00 $180.00 1338.00 $100.00 AIIOIM' I __IBEIIVE I $10.00 $5.00 $2.50 $2.50 $25.00 $4.17 I.....v-.-: I $17.50 $17.50 $15.00 $28..25 $8.33 $120.00 _.00 $30.00 $30.00 $300.00 $50.00 $210.00 $210.00 $1ao.oo $338.00 $100.00 02.V1... E*IIDr ~ .... ........ ~........- ....... I .....-- ~....c.- $120.00 _.00 $30.00 $30.00 ....00 $50.00 TOTAL BUDGET -.. I~::I $135.75 $1.483..25 $0.00 $1,483..25 $0.00 $1,483..25 $0.00 $1,483..25 $0.00 .$1,483..25 $0.00 $1,483.25 $0.00 $1,483..25 $0.00 "",483..25 $0.00 $1,483..25 $0.00 $1,483.25 $0.00 $1,483.25 $0.00 $1,483.25 1135.75 IMœ M~ _MID P8vmR.1 ... p..... ~.2 Payment. 3 ~.. Payment. 5 Payment.8 Pa,menI.7 Payment. 8 P8,ment.8 ~.10 ~.11 Payment .12 TOTAL PAYIEImI PLeME PAY 8Y1IE 1BI1II OF I!!íM:It -.nt ttII'I1I OF tIE 1VTM.1IDiIET ...... an. 1'-. Cali $0.00 ....... & ...... $0.00 n UCUfLUN HIIIœID (X IIInnUDIII"" a:1UJICJ1iD (X1"1 Page 34 of 34