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202501042 <br />DECLARATION OF COVENANTS, RESTRICTIONS AND CONDITIONS <br />THIS DECLARATION OF COVENANTS, RESTRICTIONS AND CONDITIONS is made this <br />2 14day of -L - ' , 2025 by Innate Development 2, LLC, a Nebraska Limited Liability <br />Company ("Developer" <br />DECLARATION OF PURPOSE <br />The undersigned as the sole Owner of the Property hereby adopts this Declaration for the purpose <br />of protecting the value and desirability of each of the Lots as defined herein and which shall run <br />with the land and be binding on all parties having any right, title or interest in any one of the Lots, <br />their heirs, successors and assigns. <br />ARTICLE I. <br />DEFINITIONS <br />The following words, phrases or terms used in this Declaration shall have the following <br />definitions: <br />1. "Additional Property" means any Property, together with all improvements thereon <br />that is subsequently included and subject to this Declaration. <br />2. "Annual Assessment" shall mean the charge levied and assessed each year against <br />each Lot and Owner. <br />3. "Architectural Committee" shall mean the committee of the Association to be <br />created pursuant to Article II, paragraph 3 below. <br />4. "Articles" shall mean the Articles of Incorporation of the Association as the same <br />may, from time to time, be amended or restated. <br />5. "Assessment" shall mean an annual assessment or special assessment upon each <br />Lot and Owner. <br />6. "Assessment Lien" shall mean the lien created and imposed by Article III, <br />paragraph 5. <br />7. "Association" shall mean PRAIRIE DISTRICT HOMEOWNERS <br />ASSOCIATION, INC., which has been incorporated as a non-profit Nebraska corporation, its <br />successors and assigns. <br />8. "Board" shall mean the Board of Directors of the Association. <br />9. "Bylaws" shall mean the Bylaws of the Association and any amendments or <br />supplements or additional restatements to such bylaws. <br />10. "Common Area" shall mean: Outlots, as platted, _ all additional property acquired <br />by the Association which is dedicated as common area, and all existing and future improvements <br />thereon all of which are or will be owned by the Association. The Association reserves the right <br />to acquire property consistent with these Covenants that is not dedicated as Common Area. <br />11. "Declaration" means this Declaration of Covenants, Restrictions and Conditions <br />12. "Developer" shall mean Innate Development 2, LLC, a Nebraska Limited Liability <br />Company, its successors and assigns. <br />2 <br />