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202400233 DECLARATIONS This Declaration is made on the date hereinafter set forth by the owners of record of the following described real estate, hereinafter referred to herein as "Declarant", whether one or more, to wit: Lots Fourteen (14), Fifteen (15), Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20), Twenty-one (21), Twenty-two (22) and Twenty-three (23), LaRue Subdivision in the City of Grand Island, Hall County, Nebraska, said lots hereinafter referred to as "Existing Lots". RECITALS NOW, THEREFORE, Declarant hereby declares that all of the above described real estate shall be held, sold and conveyed subject to the following restrictions, covenants, easements and conditions which are adopted for the purpose of protecting the value and desirability of the above described real estate, and which shall run with the real property described herein, together with any other property submitted hereto as allowed by the terms of this Declaration, and shall be binding upon all parties having any right, title or interest in the above described real estate or any part thereof, their heirs, successors, and assigns and shall inure to the benefit of each owner thereof until July 1, 2034, at which time said Covenants shall be automatically extended for successive periods of ten years unless by written agreement of 70% of the then owners of the lots it is agreed to change said covenants in whole or in part. Said agreement to be executed and recorded in the manner provided by law for conveyance of real estate. This Declaration revokes and replaces any prior Declaration and any Amendments thereto. ARTICLE I DEFINITIONS Section 1. "Association" shall mean and refer to Frostfire Avenue Townhomes Owners Association, its successors, and assigns, a Nebraska non-profit corporation. Section 2. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of a fee simple title to any lot which is described in this Declaration, hereinafter referred to as the "Properties", but excluding those having such interest merely as security for the performance of an obligation, or the purchaser under a recorded contract for the sale and purchase of a Lot under which the Seller retains title solely as security for the performance of the purchaser's obligations under the contract. At all times, the owner must reside in and occupy the home, except for temporary absences for vacations, trips and medical purposes. The owner may not lease the property to any other person without the written consent of 70% of the then owners of the lots. Section 3. "Properties" shall mean and refer to that certain real estate hereinbefore described and any additional real estate hereafter annexed hereto in compliance with the provisions of this Declaration. Section 4. "Lot" shall mean and refer to any platted lot of land shown upon the recorded Subdivision map described as Lots 14 through 23, inclusive, of LaRue's Subdivision as recorded in the Office of the Register of Deeds of Hall County, Nebraska. Section 5. "Declarant" shall mean and refer to the undersigned owners, their heirs, successors and assigns. 1