|
- ' � �
<br /> � �
<br /> ;:;
<br /> 77-00 '7304
<br /> �k;
<br /> t,��'
<br /> site in the Properties is expressly prohibited except that ���� ,�;
<br /> " for sale " or " for rent " signs may be erected by Declarant � T ��`
<br /> and " for sale " or " for rent " signs may be placed by others " "": ' � a,pry,
<br /> � af ter first obtaining the written consent of the Declarant ; � ;`r' �`
<br /> provided , however , that the permission of Declarant shall ` �'
<br /> , .,-� :
<br /> not be required hereunder after July 1 , 1981 . � yj >;
<br /> � ;
<br /> ,�,,,
<br /> =r Section 7 . Outbuildings Prohibited . No outbuildinq or
<br /> � v�
<br /> " 'r other attac e structure a "''
<br /> ppurtenant to a residence may be �, ry ��;
<br /> erected on any of the building sites hereby restricted with- � '' ''�
<br /> ?, out the consent in writing of the Committee . *t
<br /> F, ,x;i
<br /> , ; y;.
<br /> Section 8 . Temporary Structure . No trailer , basement , ;,," �i
<br /> tent , shack , garage , barn , or other outbuilding shall at any � ;�� ' '`
<br /> time be used for human habitation , temporarily or permanently , ��� ��
<br /> nor shall any structure of a temporary character be used for '.
<br /> human habitation . Provided , however , nothing contained shall `
<br /> restrict Declarant or their assigns from locating , constructing �
<br /> or moving a temporary real estate and/or construction office `
<br /> on any building site in the Properties to be used durinq the � �
<br /> period of the construction and sale of the Properties . De- ��- � '.uw'
<br /> clarant or their assigns may also erect and maintain model �� "u �
<br /> homes for sales purposes and rental and lease purposes and b' " � T
<br /> may operate such office or offices therein for so long as ,, ,: � sF '
<br />� they deem necessary for the purposes of selling , rentinq or ;�- o ,
<br /> , pn �
<br />`' leasing the Properties . ��° fir .
<br /> Y �� . ti �
<br />� � ARTICL� VIII }h� � ,,ti� ��,`�k� �'
<br /> i��j�-�
<br />' INSURANCE �' ' +�°�`
<br /> a;;ni. . � ..
<br />� Section 1 . Basic Coverage . Insurance policies upon the ��x ` A "'
<br />! Properti— es cluding the structures but excluding the furnish - � �+ "':
<br /> ings of individual townhouses shall be purchased by and in the � °�
<br /> name of the Association for the benefit of the Association and ;� ; , �f;,
<br />, ` the Owners of each Lot as their interests may appear . Pro- ��; �
<br /> vision shall be made for the issuance of certificates of insur- °"'` ��
<br /> ance to holders of first mortgages upon individual Lots . The �•� ` '"���
<br /> insurance shall cover all buildings and improvements upon the '',"
<br /> ',� �� ��
<br /> land in an amount equal to the full insurable value thereof as " ' -`
<br /> determined annually by the Association , but with co- insurance
<br /> clauses being permitted . Such coverage shall afford protection
<br /> ` against loss by fire and extended coverage hazards . Unless speci -
<br /> ' fically requested by the Owner of any Lot , the Association need not �
<br /> procure insurance covering any additional improvements made to
<br /> the premises by an Owner subsequent to the original purchase
<br /> of said Lot from the Declarant . In addition , insurance shall
<br /> be procured for workmen ' s compensation coverage and at least
<br /> $ 100 , 000/ $ 300 , 000 B . I . and S50 , 000 P . D . public liability in -
<br /> surance covering the Properties , the Association and its employees .
<br /> Section 2 . Additional Covera e . The Association may also
<br /> , procure , i requested y the Owner of any Lot , insurance upon
<br /> the personal property , furnishings and improvements located or
<br /> constructed on the premises by said Owner as well as personal
<br /> liability insurance provided that the cost of such additional
<br /> insurance shall be considered in the nature of a special
<br />' assessment to be specially assessed against the Lot for which
<br />: `
<br /> purchased or the Owner of said Lot . The Association is further
<br /> empowered to procure such other insurance as the Association
<br /> may deem advisable from time to time _
<br />�r Section 3 . S ecial Assessment . The cost of insurance
<br /> premiums s a be inc u ec�'i�ze monthly maintenance assess - ,� �,,.
<br />�� ment n+ade to the Owner of each Lot insured under the provision �'
<br />* of this Declaration . '"
<br /> c-,',
<br /> c» ,;
<br /> �./faV.� `. �A'.
<br />�;, N^. , ..� .:.�,..
<br /> s..F
<br />�� �
<br />�k�¢
<br /> C �
<br /> � e �
<br /> h e��
<br /> :� J
<br /> �
<br /> . m .� .� .:�:� �
<br /> . W� M . S.�n ovl� . ±m: � CNFJfn�'M'NiFS'�! - . . . .
<br /> . . t Yl . . . ' . .. .. .
<br />
|