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HomeMy WebLinkAbout900111 REOEIVED LINCOLN COUNTY CLERK FIRST AMENDED '~'C"~\\X, AND RESTRICTIONS g_FAi,4NE WAGI',JER ROYAL MEADOWS SUBDI~/I~i(~I~£R. W'n.-;.M.k~,~0 First Amended Declaration of Covenants, Conditions and Restrictions of Royal Meadows Subdivision mada as of May 25, 2004, ("First Amended Declaration"). WHEREAS, the :'Declaration of Covenants, Conditions and Restrictions of Royal Meadows Subdivision d~ated as of August 1, 2003, was recorded in the office of the Lincoln County Clerk on August 14, 2003, in Book 530 PR, page 820 ("Previous Declaration"); and WHEREAS, in Article IX, Section 4, SHR Land, Inc., a Wyoming corporation ("Declarant") reserved the right to amend or modify the Previous Declaration in Declarant's sole discretion as long as Declarant owns at least 8 lots in the subdivision; and WHEREAS, Declarant owns more than 8 lots in the subdivision at this time; and WHEREAS, Declarant desires to amend the Previous Declaration in full; NOW, THEREFORE, pursuant to the power reserved by Declarant, Declarant hereby declares that this First Amended Declaration replaces in full the Previous Declaration and that its ,previsions apply to all lots in the subdivision including any lots that may have been sold or contracted for sale by Declarant prior to the date of this First Amended Declaration, as follows: This Declaration of~ Covenants, Conditions, and Restrictions regulating and controlling the use and development of certain real property as hereinafter described is made to be effective as of the 1st day of August, 2003 ("Declaration"), by SHR Land, Inc., a Wyoming corp¢,rat'on, hereinafter referred to as "Declarant", the Owner or beneficial owner of Lots I through 15, of Royal Meadows Subdivision ("the Subdivision") in accordance with the plat filed for record in the Office of the Lincoln County Clerk in Lincoln County, Wyoming, ("the Plat"), which shall hereinafter be referred to as the "Property". The Property is of high scenic and natural value, and Declarant adopts the fol;owing Covenants, Conditions, and Restrictions to preserve and maintain the natural cha~:'acter and value of the Property for the benefit of all Owners of the Property or any part thereof. NOW, THEREFORE, Declarant hereby declares that all of the Property described shall be owned, held, sold, conveyed, encumbered, leased, used, occupied, and developed subject tia the following easements, restrictions, covenants, and conditions, which are fo.' the purpose of protecting the value and desirability of and which shall run with the I?r,i~perty and be binding on all parties having any right, title, or interest in the Property ?~r any part thereof, their heirs, successors and assigns and shall inure to the benefit of each Owner of any part thereof. ARTICLE I - DEFINITITIONS 1. "Association" shall mean and refer to the Royal Meadows Property Owners Association and its successors and assigns. 2. 'Board" shsll mean the Board of Directors of the Association established to administer and enforce the terms and conditions of this Declaration as set forth herein. 3. "Common Areas" shall mean the private roadways within the Property which provide access to individual Lot lines from Lincoln County Road No. 12-109, as designated on the Plat, the equestrian easement, and any and all improvements associated therewith. 4. "Common Services" shall mean the maintenance and any snow removal services for the Common Areas, utility line maintenance and repair services, if any, for utility lines located in the rights-of~way of such roads. 5. "Declarant" '.shall mean and refer to SHR Land, Inc. 6. "Lot" shall mean and refer to any of the single family residential plots of land described above and shown upon that certain recorded subdivision plat of the Property filed by the Declarant in the Office of Lincoln County Clerk. 7. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of a fae simple title to any Lot, including contract buyers and Owners of a beneficial interest, but excluding those having such interest merely as security for the performance of an obligation. 8. "Principal Residence" shall mean the single family residential Structure, constructed on any Lot o¢ the Property, which is the principal use of such Lot, and to which the other authorized Structures on such Lot are accessory. 654 9. "Property" shall mean and refer to that certain real property known as the Royal Meadows Subdivision, in accordance with the plat to be filed for record in the Office of the Lincoln Co~nty Clerk in Lincoln County, Wyoming, as Plat No. 251F, and such additions thereto as may hereafter be brought within the jurisdiction of the Association. 10. "Structure" skall mean anything built or placed on the ground, excluding fences. ARTICLE II PROPERTY RIGHTS 1. Owners' Easements of Enjoyment. Every Owner shall have the right and easement of enjoyment .in and to the Common Areas, which shall be appurtenant to and shall pass with the tide to every Lot, subject to the following provisions: a. The right of the Association to charge reasonable assessments, charges, aad user fees for the use and maintenance of the Common Areas als hereinafter set forth. b. The right of the Association to establish rules and regulations, including speed limits, for the use of the Common Areas and to impose-re¢,sonable sanctions for the violations of the published rules and regr~lations. 2. Delegation of Use of Common Areas. Any Owner may delegate, in accordance with the Bylaws of the Association, his right of enjoyment to Common Areas only to the members of his family, his tenants or contract purchasers who reside on the Property. ~ ARTICLE III ASSOCI..&'PlON MEMBERSHIP AND VOTING RIGHTS 1. Association Membership. Declarant shall have all of the rights, powers and authority of the As.,:,ociation until the Lot Owners have formally established the AssociatiOn, either as a corporation, unincorporated association or other legal entity of their choosing. The Lot Owners shall establish the Association when 8 of the Lots have been sold by Declarant. Every Owner of a Lot shall be a member of the Association. · .-655 FOr purposes of voting and meetings of the members, there shall be one vote for each Lot. Membership shall be appurtenant to and may not be separated from ownership of any Lot that is subject to 'assessment 2. Mana,qeme~i~t, of Association and Property. The management and maintenance of the Property and the business, Property and affairs of the Association shall be managed by-a Board of Directors as provided in this Declaration, its organizational documents and bylaws ('govern'ng documents"). All agreements and determinations With resp¢o: to the Property lawfully made or entered into by the Board of Directors shall be bind'i'n.(1 upon all of the Owners and their successors and assigns. 3. Board of Directors of the Association. The Board of Directors (the 'Board") of the AssociaJon shall consist of three (3) members, or such additional number as may be ap3roved by the members in accordanCe with its governing documents. The term oi"a member shall be three (3) years, except that the terms of the members of the initial Board shall be one, two, and three years. Thereafter, all members shall serve for a term of three (3) years. The Board shall be elected by a majority vote of the meml)e,-s of the Association. All Board members shall be an owner or an officer, partner, shareholder or member of an owner. Until 8 of the Lots r~ave been sold and title transferred to new Owners, the Declarant reserves the right to appoint and remove all members of the Board and to exercise the powers and responsibilities otherwise assigned by this Declaration to the Association. By express written declaration, Declarant shall have the option, at any time, to turn over to the A.,i;sociation the total responsibility for electing and removing members of the Board. 4. Authority and Duties. The duties and obligations of the Board and rules governing the conduct of the Association shall be set forth in the governing documents as they may be amended from time to time. 5. Limited Liability of Board of Directors, etc. Members of the Board and their officers, assistant of"icers, agents and employees acting in good faith on behalf of the Association: a. shall not be liable to the Owners as a result of their activities as such for any mistakes of judgment, negligence or otherwise, except for their own willful miscondUct or bad faith; shall have ~no personal liability in contract to an Owner or any other person or entity under any agreement, instrument or transaction 4 ,-656 entered .into by them on behalf of the Association in their capacity as such; shall ha';¢e no personal liability in tort to any Owner or any person or entity, exceot for their own willful misconduct or bad faith; shall have no personal liability arising out of the use, misuse or conditiori of the Property which might in any way be assessed against or imputed ',:o them as a result of or by virtue of their capacity as such. ARTICLE IV COVENAIXT FOR MAINTENANCE ASSESSMENTS 1. Creation of tha Lien and Personal Obliqation of Assessments. Each Owner of any Lot, except unsold Lots owned by Declarant, by acceptance of a deed therefor, whether or not ':it shall be so expressed in such deed, :is deemed to have consented to be subject to these covenants and agrees to pay the Association: a. Annual assessment or charges; and b. Special assessments for capital improvements, such as assessments to be established and collected as hereinafter provided. A general, continui'ng lien is hereby imposed on each Lot in the Subdivision for the payment of annual snd special assessments imposed on Lots according to this Declaration. In connection with that general lien, all such assessments together with interest, costs and reasonable attorney's fees, shall be a charge on the land and shall be a continuing lien upon all those Lots on which each such assessmem is made. Each such assessment, to~ether with interest, costs and reasonable attorney's fees shall also be the personal obligation of the entity or person who was the Owner of such Property at the time when, the assessment fell due. In addition, for the collection of delinquent user fees or charges, the Board may by resolution enact such ooticies and procedures or rules and regulations as it deems appropriate including witho,ut limitation imposition of service charges, collection of attorney fees or other costs of collection, or the filing of a lien against the Lot for the amount due. 2. Purpose of AsSessments. The assessments levied by the Association shall be used exclusively to, promote the recreation, health, safety and welfare of the residents of the Property and for the improvement and maintenance of the Common Areas, to include road ms!intenance, Association employees' wages, mailing costs and other related expenses incur'ed on behalf of the Association. 5 0900111 ' 657 3. Annual Budg~. The Board shall prepare an annual budget estimate for Common Services and aCministration of the Association and fix the amount of the annual assessment base,}:l on its estimate. Such annual budget shall be prepared and approved by the Board a: Ijeast thirty (30) days in advance of each annual assessment period. , 4. Special Ass.]ssments for Capital Improvements. In addition to the annual assessments authorized above, the Association may levy, in any assessment year, a special assessment appli(:able to that year only for the purpose of defraying, in whole or part, the cost of any construction, reconstruction, repair or replacement or a capital improvement including the Common Areas and shared access road, including fixtures and personal property re'aled thereto, provided that any such assessment shall have the assent of at least se;/enty-five per cent (75%) of the members who are voting in person or by proxy at a m:~eting duly called for this purpose. 5. Notice and Quorum for Any Action Authorized under Sections 3 and 4. Written notices of any m;~,eting called for the purpose of taking any action authorized under Sections 3 or 4 of t'iis article shall be sent to all members not less than thirty (30) days nor more than sixty [6::)) days in advance of the meeting. At the first such meeting called, the presence of members or of proxies entitles to cast sixty percent (60%) of all the votes of the membership shall constitute a quorum. If the required quorum is not present another meeting may be called subject to the same notice requirement, and the required quorum at the ~ubsequent meeting shall be one-half (1/2) of the required quorum at the preceding 'meeting. No such subsequent meeting shall be held more than sixty (60) days following the preceding meeting. 6. Uniform Rat.9 of Assessment. Except for lots owned by Declarant, both the annual and special ass. essments must be fixed at a uniform rate for all Lots and may be collected on a mo-nthly or other periodic basis as determined by the Board. Lots owned by the Declara~ilt shall not be assessed or required to pay assessments of any kind. 7. Date of Cornmencement of Annual Assessments: Due Dates. The annual assessments provided for I~;'erein shall commence as to all Lots subject to assessment on the first day of the mo~t':~ following the conveyance of the first Lot. The first annual assessment for lots purchased thereafter shall be adjusted according to the number of months remaining in the ,.:a~lendar year. The Board shall fix the amount of the annual assessment against each iLot at least thirty (30) days in advance of each annual assessment period. Written notice of the annual assessment shall be sent to every Owner subject thereto. T, he due dates shall be established by the Board. The 6 658 Association shall, upon demand and for a reasonable charge, furnish a certificate signed by an officer of the Association setting forth whether the assessments on a specified Lot haVe been paid. 8. Assessmenls for Snow Removal from. Subdivision Roads. Notwithstanding any oth6r arovisions in this Amended Declaration to the contrary, no annual or special assessment shall be imposed for the purpose of snow removal from the Subdivision roads undl construction of a residence has begun on one of the Lots, and access to that Lot is necessary for that construction or subsequent residence. In addition, no assessment of ;~ny kind shall be imposed for snow removal if Declarant has the snow removed in order to market and show Lots for sale. Upon assessment for snow removal, those assessments shall be made according to the provisions of this Amended Declaration governing assessments with the exception that assessments for snow removal shall be shared only among those lot owners who have constructed or are in the process of constructing a residence on their lots. 9. Effect of Nc..:n_:Payment of ASsessments: Remedies of the Association. Any assessment not paid .within thirty (30) days after the due date shall bear interest at the rate of fifteen percent (15%) per annum. The Association may bring an action at law against the Owner personally obligated to pay the same, or foreclose the lien against the 'Property in th~ same manner as real estate mortgages with power of sale are foreclosed in Wyomihg pursuant to W.S. 34-4-101 et seq., and any successor or replacement statute thereto.' No Owner may waive or otherwise escape liability for the assessments provided herei,n by non-use of the Common Areas or abandonment of his Lot. 10. Priority of the,. Assessment Lien. Sale or transfer of any Lot or the recording of any mortgage, or other lien against any Lot shall not affect the priority of the assessment lien. ARTICL:E V- ARCHITECTURAL STANDARDS 1. Architectural/si';e Committee; Organization. There shall be an Architectural/site Committee consisting of the Board as soon as the Board has been organized and is operatin§'. 2. Initial Architectural/site Committee. The initial Architectural/site Committee shall be Tony :Rq~yal and Joe Bressler, who serves at the sole discretion of 0~00111 659 Tony Royal and may be .removed by him at any time in which case Tony Royal only would constitute the initi~!~l Architectural/site Committee. 3. Architectur~ltsite Committee Duties. No Lot Owner shall construct any Structure on a Lot with('~ut, the prior approval of all plans for such construction by the Architectural/site Committee. It shall be the duty of the Architectural/site Committee to consider and act upon s..~Ch proposals for the plans submitted to it from time to time, to adopt Architectural/site 39mmittee rules pursuant to Section 5 of this Article, and to perform such other dutie:s,from time to time delegated to it by the Association. 4. Architectural!site Committee: Meetin.qs; Action; Expenses. The Architectural/site Committee shall meet from time to time as necessary to properly perform its duties hereu~der. The vote or written consent of a majority of its members shall constitute an act by the Architectural/site Committee unless the unanimous decision of its members s otherwise required by this Declaration. The Architectural/site Committee shall keep and maintain a record of all action from time to time taken by the Architectural/site Commiltee at such meetings or otherwise. Unless authorized by the Association, the membff!rs of the Architectural/site Committee shall not receive any compensation for services rendered. All members shall be entitled to reimbursement for reasonable expenses ~ncurred by them in connection with the performance of any Architectural/site Commilttee function. 5. Architectural/site Committee Rules. The Architectural/site Committee may, from time to timd',, and in its sole discretion, adopt, amend, and repeal by unanimous vote, rules and regulations, to be known as "Architectural/site Committee Rules". A copy of the Ar,chitectural/site Committee rules, as they may from time to time be adopted, amended or repealed, and certified by any member of the Architectural/site Committee, shall have the same force and effect as if they were part of the Declaration. The Architectural/site Cornmittee may record the same if deemed necessary 6. Non-Waivei'. The approval by the Architectural/site Committee of any plans, drawings or specifications for any work done or proposed, or in connection with any other matter requirir~g the approval of the Architectural/site Committee under the Covenants, shall not be deemed to constitute a waiver of any right to withhold approval as to any similar plan, drawing, specification or matter whenever subsequently or additionally submitted for..approval. 7. Liability.. Neither the Architectu ral/site Committee nor any member thereof shall be liable to the Association or to any Owner or project committee for any damage, loss or prejudice suffered, or claimed on account of (a) the approval of any plans, drawings and specificaiiens, whether or not defective, (b) the construction or t 8 0900111 6GO performance of any work,: whether or not pursuant to approved plans, drawings and specifications, (c) the development, or manner of development, of any property within the Property, or (d) the execution and filing of a certificate pursuant to Section 7 above, of this Article, whether or not the facts therein are correct; provided, however, that such member has, with the ac::u,~l knowledge possessed by him, acted in good faith. Without in any way limiting the generality of the foregoing, the Architectural/site Committee, or any member thereof, ma~,,,but is not required to, consUlt with or hear the Association or any Owner with respect,.tb any plans, drawings specifications, or any other proposal submitted to the Architectural/site Committee. ARTICLE VI - DESIGN STANDARDS 1. General S!andards. The following standards and restrictions are applicable to the construction, remodeling, alteration and exterior refinishing of any and all Structures and improvements and site preparation upon each Lot. 2. Uniform Codas. All structures or improvements shall be erected in accordance with the current edition of the following uniform codes: a. Uniform BJilding Code; b. Internati?~al Conference of Building Officials; c. National Plumbing Code; d. National Electrical Code; and e. National Fire ProteCtive Association International. 3. Design Character. All buildings shall be constructed in character with each other specifically b,./ using complementary exterior roofing, building material and coloring on each building on the properties. All buildings will be painted or faced in colors that blend into the natural environment and landscape of the area. a. Exterior .materials will be of rough sawed natural wood, peeled log, stone, o.r Similar rough textured natural or "wood-like" material, No aluminum 'siding, metal siding, vinyl siding, or cinder blocks shall be used as,,e>:terior material without written approval. Roof materials shall be cedar shake or shingle, slate, or ribbed metal or metal shingle roofing v)ith a non-reflective flat color finish. b. All buildings must comply with either the current editions of the uniform Building code, the National Plumbing Code, and the National EleCtrical Code, or, if applicable, State of Wyoming, and/or Lincoln County Building and Safety Codes. 9 c. Exterior. 6olors shall be earth tones or such other colors as are approved by the Architectural/site Committee. Buildinq De:!~g..Q. The design of all buildings is subject to the following: a. No Struct!.~res or improvements shall be constructed on the properties other than one (1) single family dwelling to be occupied by the owner, his lessee, guests and servants, garage(s), a guest house for the use of gueslS and not for rent, storage building to be used to house vehicles..equipment or supplies, and barn(s) to be used to house horses. All improvements shall be of new, permanent construction using goo::l quality workmanship and materials. b. The minimum floor area of any single family residence shall not be less than 1,300 square feet as measured by the exterior building dimensions on the ground floor exclusive of the garage, carport, or unenclosed porches or decks. All residences must also include either an attached or detached garage large enough for at least 2 automob lies. c. No struc:ure shall be erected, altered, placed or permitted to remain on the propib:rty which shall exceed two (2) stories, in height. This shall not include a walkout basement or underground garage. d. Roofs shall have a minimum pitch of four feet in twelve feet. All primary ,roofs shall have a minimum overhang of eighteen inches. Solar collectors shall not be considered roofs. No unpainted metal roofs shall be allowed. e. Solar collectors may be of any construction, materials or pitch required for efficient operation, but they shall not be placed on any structure in a mann~l' which causes objectionable glare to any neighboring resident., Solar collectors shall be integrated into the structure of a residenc~, garage, carport, or other accessory building and shall not be free standing. f. Setbackt shall not be less than thirty (30) feet from any side or rear boundar,;~ ine without prior Architectural/site Committee approval. Site Desiqn., Site design shall comply with the.fol owing requirements: a. Fencing shall comply with the following requirements: only fences consistin~l of wood posts with top rail spanning 3 posts and 2 high tensile w:ir~es below will be allowed on the Property; no barbed wire or two strand wire fences will be permitted except those already 10 '--682 established by adjacent landowners not in the Subdivision; and no fences shall be constructed across or thai in any way interfere with the use of the equestrian easement by riders and their horses. b. All fuel'tanks, water tanks, or similar storage facilities shall either be constructed as an integral part of a Structure, or shall be installed or constructed underground. c Sanitap'/ --acilities. Each sewage system is the responsibility of the individual propertY owner and shall be installed at the expense of the individual, property owner and shall be constructed in conformity with the laws of the State of Wyoming and Lincoln County, and no privy, outside latrine, or other like facility shall be permitted except during constru'3tion of a principal residence in which case it is required by this Declaration to have such a facility. Every Owner shall refrain from causing any water or pollution emanating from his Lot. d. Domeslic water supply shall be the responsibility of the individual property owner and shall be installed at the expense of the individual property owner and shall be constructed in conformity with the laws of the Stale of Wyoming and Lincoln County. e. All approaches from Lots to any Common Areas within the Subdivision shall include installation of a culvert to accommodate any water runoff. 6. Constructi¢'q. The exterior of any building must be completed within twelve (12) months after the commencement of construction except where such completion would be in'possible, due to size of project, or doing so would result 'in undue hardship to the Owner because of strikes, emergencies, or natural calamities; provided, however, that .the Owner is nonetheless obligated to either diligently pursue completion or removal of the building, ARTICLE VII LAND CLASSIF:I~ATIONS, USES AND RESTRICTIVE COVENANTS 1. Land ClassifiSations. the following areas: a. Residential; and b. Common Areas. 2. General Restrictions. land, regardless of classiriCation: All land within the Property has been classified into The following general restrictions shall apply to all 68° a. No buiMing, Structure, sign, fence, refinishing or improvement of any kind shali be erected, placed, or permitted to remain on any Structure, Lot or tract, and no excavation or other work which in any way alters any Lot!f .'om its natural or improved state existing on the date the Lot was first ;cohveyed in fee by Declarant to an Owner shall be erected, placed, !done, or permitted to remain on any Structure, Lot or tract until the plar.sl, specifications have been approved in writing and a building permit has been issued by the Architectural/site Committee. Plans for buildings;for the refinishing or improvement if the same shall include scaled flcor plans, exterior elevations indicating height, a list of exterior materials!and a site plan. b. Two copies of any proposed plans and related data shall be furnished to the Architectural/site Committee, one of which may be retained the Architectural/site Committee for its records. Any approval given by the Architedural/site Committee shall not constitute a warranty, express or implied,i.¢,f compliance with any applicable building or safety codes for any othel purposes other than the authority for the person submitting the plan to commence construction. Residential Area; Uses; Restrictions. a. Each residential Lot shall be used exclusively for residential purposes, and no. more than one family (including its servants and transient guests) shall occupy such residence; provided, however, that nothing in this subparagraph (a) shall be deemed to prevent: (1)C. onstruction of guest houses in accordance with this Beclaration; (2)Any home-based business that may be approved by the ArChitectural/site Committee; provided, that no commercial business shall be allowed; (3) ~h:~ leasing of any lot from time to time by the Owner thereof, sJbject, however, to all of the restrictions as may be adopted fr.o~n time to time by the Association. Each LOt,; and any and all Structures and improvements from time to time located thereon shall be maintained by the Owner thereof in good conditioaiand repair, and in such manner as not to create a fire hazard, 'a;I at such Owner's sole cost and expense. fo 664 There .shall be no exterior fires whatsoever except barbecue fires contained within barbecue receptacles, properly constructed permanent outdoor fireplaces or fire pits, and such fires for vegetation and/or :rUbbish. control as may from time to time be permitted by the Lincoln County fire regulations or during winter months. No goatsl, turkeys, chickens or any other domestic animals or fowl shall be maintained, on any Lot except that each Lot Owner may have up to 7 large d,:~mestic animals which may include not more than 6 horses, 2 cows, 2 ;sheep, 2 pigs, or 6 llamas. All Owners of livestock must maintain sufficient grass to pasture or graze their animals and have no dirt paatures. Lot Owners may have not more than two adult dogs or cats or other generally recognized house or yard pets; provided, however, that all animals shall at all times be restrained or leashed and maintained on Owner's lot so as not to be or become a nuisance or be ~llowed to run at large. Barking dogs constituting a nuisance shall be confined in a sound resistant enclosure during normal sleeping hours. No corr;rr, ercial signs whatsoever shall be erected or maintained upon any lot. A wooden residential identification sign of combined total face area o:: three (3) square feet or less may be erected. A sign advertising the premises for sale may be erected as needed for such purposes, provided such sign does not exceed a combined total face area of six (6) square feet. No noxious, offensive, or noisy activity (disturbance to the peace and tranquility) shall be carried on upon any Lot, nor shall anything be done or plat:ed thereon which may become a nuisance, or cause unreasoncble embarrassment, disturbance, or annoyance to other Owners._. in the enjoyment of their Lots. In determining whether there has been,a violation of this subparagraph recognition must be given to the premise that Owners, by virtue of their interest and ownership in the Subdi,~ision, are entitled to the reasonable enjoyment of its natural benefits, and surroundings. No house trailer, mobile home, shack or similar facility or structure shall be kept, placed or maintained upon any Lot at any time. Modular houses may be placed on Lots if they qualify with these Covenants and are approved by the Architectural/site Committee. The phrase 13 ho 0:900:I. 1. X .- 68 5 "modul~r house" means a house or other structure constructed at a location other than on the Lot where it is to be located and then is moved ':ni one or more pieces to the Lot. The terms "house trailer" or "mobile. home" as used herein includes but is not limited to any building or structure with wheels and/or axles and any vehicle used at any ti'me.,~or constructed so as to permit its being used for the transport thereof ~upon the public streets or highways and constructed so as to permit occupancy thereof as a dwelling or sleeping place for one or more p%,sons, and shall also mean any such building, structure or vehicle, w!hether or not wheels and/or axles have been removed, after such bu. iMing, structure or vehicle has been placed either temporarily or permar~ently upon a foundation. However, Owners may keep a motor h.alne, camp trailer or similar recreational vehicle on a Lot so long as Ihe vehicle is currently registered and not used for residential purpose's on the Lot. Each L¢,t.Owner shall be responsible to pay annual assessments for Common Services in conjunction with all other Lot Owners as set forth herein.. Bushes, shrubs, weeds and all other vegetation shall be cleared and large trees pruned within the road rights-of-way to improve visibility, with related costs being common costs. Such annual assessments., shall not exceed $500.00 per Lot until January 1, 2005. After that :late the amount of the annual assessment may be modified by the Association from time to time as determined by the Board. The Association may also impose special assessments in accordance with this Declaration. No discl?arge of any firearms in the Subdivision will be allowed No hunting of wildlife of any sort will be allowed within the confines of the Subdivis~o~q. No inoperative vehicle shall be kept on the premises for more than thirty (30) days unless parked in an enclosed building. All garbaga and trash shall be placed and kept in covered containers which sl~all be maintained so as not to be visible from neighboring property. The cost of commercial trash collection shall be paid by each owner, in accordance with the billing of the collector. No rubbish or debrisof any kind shall be placed or permitted to accumulate on any Lot. No metal including without limitation scrap metal or metal drums 14 6 6 6 sha~ be kept, stored, or allowed to accumulate on any Lot except in an enclosed structure. Ownem shall not obstruct the Common Areas. No vehicles of any kind may be iparked or left standing in the Common Areas. No motor vehicles iof any kind shall be used, placed or parked on the equestrian easement. AP.,TICLE VIII - GENERAL PROVISIONS 1. Lot Splittin_q; Consolidation. Two or more contiguous Lots within the Property may be combined. Such consolidated Lots may thereafter be treated as one Lot and building site, and.as such may be subjected to this Declaration the same as a single Lot except for the purpose of levying and collecting assessments. No Lot may be divided or subdivided. 2. Assi,qnmer:.t 0f PoWers. Any and all of the rights and powers vested in the Declarant pursuant to i:his Declaration may at any time be delegated, transferred, assigned, conveyed or released by Declarant to the Association, and the Association shall accept the same, effective upon the recording by the Declarant of a notice of such delegation, transfer, assignment, conveyance or release. 3. Condemnaiion of Common Area. If at any time, or from time to time, all or any portion of Common A?eas, or any interest therein, shall be taken for any public or quasi-public use, under any statue, by right of eminent domain or by private purchase in lieu of eminent domain, the entire award in condemnation shall be paid to the Association and deposited.into either the operating fund or the development fund as the Association may, in its ~;o;e discretion, determine. No Owner shall be entitled to any portion of such award and no Owner shall be entitled to participate as a party, or otherwise, in any proceeding relating to such condemnation, such right or participation being herein reserved ~.xclusively to the Association which shall, in its name alone, represent the interests of all Owners; provided, however, that the portion of any award relating to improvements which constitutes a private recreation facility shall be divided equally among the Owners who, at the time of such taking, are permitted users of such facility. 4. Notices; Documents; Delivery. Any notice or other document permitted or required by this Declaration shall be delivered either personally or by mail. If delivery is made by mail, it. shall be de. emed to have been delivered twenty-four (24) hours after a copy of the same has pe, en deposited in the United States mail, postage prepaid, 15 addressed as follows: i:;;' :!o the Association or to the Architectural/site Committee, at such address as the Association may determine and notify all Owners and Declarant in writing upon its organization; if to an Owner, then at any Lot within the Subdivision owned by the Owner; i;f to the Declarant, at Spotted Horse Ranch, 12355 South Highway 191, Jackson, ~MY 83001, and 815 Bay Street, Beaufort,. SC 29902; provided, however, that any such address may be changed from time to time by an Owner, by the Architect[:.~ral/site Committee, or by the Declarant by notice in writing, delivered to the Associatior;1, if organized, or if not to all Lot Owners, and to Declarant. 5. General Ma:intenance. The maintenance, alteration', replacement and/or repair of the Common Areas shall be the responsibility of the Board. The Board, as part of its responsibilities, shall maintain, repair and provide for snow removal and maintenance activities on all roadways. The maintenance, repair and replacement of all improvements on each Lot shall be the responsibility of the Owner of such lot. ARTICLE IX ENFORCEMENT, DURATION AND AMENDMENT 1. Enforcement. The Association, or any Owner, shall have the right to enforce, by any proceed!ng at law or in equity, all restrictions, conditions, covenants, reservations, liens and charges now or hereafter imposed by the provisions of this Declaration. If such a prbceeding is successfully brought, the party against whom the action was brought shall.p,ay to the enforcing pady all costs thereof including without limitation a reasonable at!orney fee in addition to any other relief that may be granted. Failure by the Association or by any Owner to enforce any covenant or restriction herein contained shall in no ever't be deemed a waiver of the right to do so thereafter. In addition, the Association may establish fines and the time for payment thereof for violation of the provisions of this Declaration. If any such fines are not paid when due, the Association shall have a lien on the Lot of the Owner who owes the fine and shall have the right to collect the fine in the same manner as annual assessments. 2. Duration of Restrictions. All of the covenants, conditions and restrictions set forth in this Declaraticn shall continue to remain in full force and effect at all times against the Property and; the Owners thereof, subject to the right.of amendment or modification provided for in this Article, for a term of twenty (20) years, 'after which time they shall automatically bell extended for successive periods of twenty (20) years. 3. Amendment:; This declaration may be amended during the first twenty (20) year period by an instrument in writing signed by not less than ninety percent 16 688 (90%) of the Lot Owner. s, and thereafter by an instrument in writing signed by not less than seventy-five percent (75%) of the Lot Owners, which amendment becomes effective when the instrument is recorded in the Office of the County Clerk of Lincoln County, Wyoming. The Declarant shall have the right in its sole disCretion, during such time as Declaram owns not less than eight (8) Lots to amend or modify this Declaration by an instrument in writing, and all Lots within the Subdivision including those previously sold shall be subject to such modification. Any such amendment shall be duly executed by the Declarant and is, effective when recorded in the Office of the County Clerk of Lincoln County, Wyoming. 4. Annexation. Additional residential property or common area may be annexed to the Property by Declarant at any time, provided only that all of. such additional Property and Owners shall be subject to this Declaration. 5. Violation Coqstitutes Nuisance. Every act or omission, whereby any restriction, condition or covenant in this Declaration set forth, if violated in whole or in part, is declared to be ai]d. shall constitute a nuisance and may be abated by Declarant or its successors in interest the Association and/or by any Lot Owner; and such remedies shall be deemed cumulative and not exclusive. 6. Constructir~nand Validity of Restrictions. All of said covenants, conditions and restrictions contained in this Declaration shall be construed together, but if it shall at any time be held that any one of the said conditions, covenants of reservations, or any part thereof, is invalid, or for any reason becomes unenforceable, no other condition, covenant, or reservation, or any part thereof shall be thereby affected or impaired; and the Decla'ant, grantor and grantee, their heirs, successors and assigns, shall be bound by each A~-ticle, Section, subsection, paragraph, sentence, clause and phrase of this Declarati¢,n 'irrespective of the fact that any Article, section, subsection, paragraph, sentence, clau'se or phrase be declared invalid 'or inoperative or for any reason becomes unenforceable. 7. No Waiver. The failure of the Declarant, the Board or its agents and the Owners to insist, in one o~, more instances, upon the strict performance of any of the terms, covenants, Conditions or restrictions of this Declaration, or to exercise any right or option herein contained, or to serve any notice or to institute any action, shall not be construed as a waiver or a relinquishment, for the future, of such term, covenant, condition or restriction sl-'.afl remain in full force and effect. The receipt and acceptance by the Board or its agent of payment of any assessment from an Owner, with the knowledge of the breach or' any covenant hereof, shall not be deemed a waiver of such 17 0:900111 - 66 9 breach, and no waiver b',/~he Board of any provision hereof shall be deemed to have been made unless expre,,;s~d in writing and duly signed by or on behalf of the Board. 8. Variances. The Architectural/site Committee, in its sole discretion, may allow reasonable variances and adjustments of the foregoing covenants, conditions and restrictions in order to' overcome practical difficulties and prevent unnecessary hardships in the applicS, tion of the covenants contained herein. Any variances or adjustments of these conditions, covenants and restrictions granted by the said Committee, or any acquiescence or failure to enforce any violations of the conditions and restrictions herein, shall not be deemed to be a waiver of any of the conditions and restrictions in any other ir'stance. IN WITNESS WI-tE:~EOF, Declarant has caused this Declaration to be duly executed as of the day arid year first above written. SHR Land, Inc., a Wyoming Corporation By Tony R~yaI, President~'''' ATTEST: Secretary 18 O~oo:tz:t 670 STATE OF WYOMING COUNTY OF:/~7'-~/_ The foregoing instrumen[ was acknowledged before me by Tony Royal as president of SHR Land, INC., who duly acknowledged such signature to be the and deed,,o~f said corporati~)n and duly approved by its board of directors, this d:::~ff¢-~ day of 7t? ~/ 2oo4. Witness my hand ;]nd official seal. Il oou":~-;;'-'~~ s~ o~ ~ My commission ex'oires: NOTA~LIC 19