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AGREEMENT FOR RESTRICTIVE COVENANTS, <br />RESTRICTIONS AND CONDITIONS FOR <br />"COTTONWOOD LAKE" <br />j IS AGREEMENT is entered into on this day of <br />199 by b and between COTTONWOOD LAKE ASSOCIAT� a Nebraska No - <br />Profit Corporation, and by and between the parties listed on he <br />attached Exhibit "A," their heirs, successors, grantees and <br />assigns. <br />KNOW ALL MEN BY THESE PRESENTS: <br />I. DECLARATION OF PURPOSE <br />The purpose of this Agreement is to declare the desire of the <br />parties to this Agreement to improve Cottonwood Lake by encouraging <br />the upkeep, maintenance, and beautification of Cottonwood Lake, and <br />all frontage lots thereon. <br />II. DESCRIPTION OF LAND <br />The lands owned by the parties to this Agreement which are <br />hereby submitted to this Agreement have lake frontage upon <br />Cottonwood Lake, also known as Brach's Lake, in Grand Island, Hall <br />County, Nebraska. <br />III. DEFINITIONS <br />A. "Association" shall mean Cottonwood Lake Association, a <br />Nebraska Non - Profit Corporation. <br />B. "Members" are members of the Association. <br />IV. COVENANTS, RESTRICTIONS AND CONDITIONS <br />201702371 <br />C. "Owner" or "Owners" shall mean a person or persons who own <br />a lot or tract which has lake frontage on Cottonwood Lake. <br />D. "Cottonwood Lake" is sometimes described as "Brach's Lake" <br />in Grand Island, Nebraska. <br />In consideration of the mutual benefits to be derived by the <br />Owners, and any subsequent purchaser or purchasers, their heirs, <br />devisees, personal representatives and assigns, the Owners <br />stipulate and agree that their lots and tracts having lake frontage <br />on Cottonwood Lake shall be and hereby are subject to the following <br />protective covenants, restrictions and conditions. All covenants, <br />restrictions and conditions herein shall run with the land and are <br />as follows: <br />