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(d) The Association may create a schedule of fines for violation of Association rules and regulations which fines shall be treated and billed as a special assessment to the offending Owner's Lot. 10. The lien of any dues or special assessment shall, until shown of record, be subordinate to the lien of any mortgage, deed of trust or other encumbrance placed upon the Lot against which the assessment is levied. These restrictive covenants, restrictions and conditions are to run with the land and shall be binding on all persons and all parties claiming ownership of any of the Lots, together with any portion or subsequent resubdivision of the Lots. These covenants and conditions may be terminated or modified, in writing, by a majority of the Owners of the Lots at any time. If any of the restrictive covenants, restrictions or conditions herein set forth are violated and declared void by a court of competent jurisdiction, the remaining restrictive covenants, restrictions and conditions shall not be affected, but shall stay and remain in full force and effect. IN WITNESS WHEREOF, the undersigned has executed this Declaration of Restrictive Covenants, Restrictions and Conditions effective as of the date first noted above. STATE OF NEBRASKA ) )ss: COUNTY OF HALL ) The foregoing instrument was acknowledged before me on 3Jh 3t , 2018 by Richard H. Baasch, Jr., Managing Member of DMBG Investments, L.L.C., a Nebraska limited liability company, on behalf of the company. My commission expires:odavbval , 4529 - 11/699367 VII. TERM AND AMENDMENT OF RESTRICTIONS AND COVENANTS By: GENERAL NOTARY • Mate of Nebraska BRANDON S. CONNICK My Comm. Exp. October 21, 2019 VIII. LEGAL CONSTRUCTION DMBG INVESTMENTS, L.L.C., a Nebraska Lirpited Liability Company Richard H. Baas ., Managing Member 8 Notary Public