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201303140 13. Each dwelling unit shall be connected to the sanitary sewer system constructed in the Subdivisions. All sanitary sewer connections and water well construction shall comply with the applicable health and plumbing codes. The sanitary sewer system in the Subdivisions is connected to the City of Grand Island sewage disposal system by means of a lift station and force main which shall be owned and operated by the Rainbow Lake Homeowners Association, Inc., a non profit corporation, until such time as the system is taken over and operated by the City of Grand Island upon annexation or by contract. The Owner or tenant of each dwelling unit in the Subdivisions will be charged the applicable sewer fee by the City of Grand Island. In addition, each Owner or occupant of a dwelling unit in the Subdivisions shall pay the Rainbow Lake Homeowners Association, Inc., a portion of the cost of the following: A. Operating and maintaining the lift station and force main, and B. Operating, maintaining, and cleaning the sanitary sewer mains located in the easements and streets of the Subdivision. For that purpose, each Owner or occupant of a dwelling unit in the Subdivisions will be billed by the Rainbow Lake Homeowners Association, Inc., semi - annually, in January and July of each year, or they shall become part of the dues of said Association as determined by the Rainbow Lake Homeowners Association, Inc., a nonprofit corporation. The cost shall be determined by the Rainbow Lake Homeowners Association, Inc., by computing the total cost of operating, maintaining, and cleaning the system referred to in paragraphs A and B, above, and dividing such total costs by forty -six (46), the number of platted lots in the Subdivisions. Each owner or occupant shall be billed for such 1146 amount and said costs shall be payable at the end of the month in which billed. The obligations of this paragraph shall be assumed by the nonprofit corporation referred to in paragraph 14. 14. The lake located in the Subdivision, as such lake may exist from time to time, shall be owned by Rainbow Lake Homeowners Association, Inc., a Nebraska non profit corporation, created by the Owners of the lots. The Owner of each building lot in the Subdivisions shall be a member of the nonprofit corporation. The corporation shall stock the lake with fish and enact any rules and regulations it may deem necessary for the maintenance, protection, and use of the lake, and the regulation of the number and behavior of small household pets in said Subdivisions. All costs of operating the corporation and any projects undertaken by the corporation shall be borne by the members in the same proportion as their voting rights. For voting purposes, the Subdivisions have forty -six (46) building lots, and the Owner of each building lot shall be entitled to one vote. Each owner or occupant of the dwelling unit in the Subdivisions shall comply with the By -Laws of the corporation and any rules and regulations enacted by the corporation, and shall be subject to the dues established by the nonprofit corporation for any projects undertaken. 15. These covenants, restrictions, and conditions shall run with the land and shall be binding upon all persons and all parties claiming ownership of lots in the Subdivisions until June 1, 2012, at which time said covenants, restrictions, and conditions shall be automatically extended for successive periods of ten (10) years each, unless changed or modified by a vote of two - thirds of the then Owners of the lots in said Subdivisions.