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202506369 <br />I. <br />DECLARATION OF PURPOSE <br />The purpose of this DECLARATION OF RESTRICTIVE COVENANTS, <br />RESTRICTIONS AND CONDITIONS is to declare the desire of Declarant to improve <br />Lake Heritage Subdivision, an addition to the City of Grand Island, Nebraska and Lake <br />Heritage Second Subdivision, an addition to the City of Grand Island, Nebraska by <br />encouraging the sale of lots and the construction of single family residences thereon. <br />In furtherance of this purpose, Declarant hereby declares that the lands described <br />hereinbelow in Article II shall be held, sold and conveyed subject to the following <br />reservations, easements, limitations, restrictions, servitudes, covenants, conditions, <br />charges and liens, (hereinafter collectively termed "covenants and conditions"), which are <br />for the purpose of protecting the value and desirability of the lots herein described <br />comprising Lake Heritage Subdivision, an addition to the City of Grand Island, Nebraska <br />and Lake Heritage Second Subdivision, an addition to the City of Grand Island, Nebraska <br />as duly recorded in the Office of the Hall County Nebraska Register of Deeds. These <br />covenants, conditions, reservations and restrictions shall run with the real property and be <br />binding upon all parties having any right, title or interest in any of the described lots, or <br />any part thereof, their heirs, successors and assigns, and which shall inure to the benefit <br />of each owner thereof. <br />The Lake Heritage of Grand Island Home Owners Association is a nonprofit <br />corporation that will be incorporated under the laws of the State of Nebraska for the <br />purpose of enforcing the provisions of these covenants. <br />3. Article III (A) of the Restrictive Covenants shall hereinafter appear and read as <br />follows: <br />III. <br />RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS <br />A. General Provisions <br />1. In consideration of the mutual benefits to be derived by the Owners of the <br />Lots in Lake Heritage Subdivision, an addition to the City of Grand Island, Nebraska and <br />Lake Heritage Second Subdivision, an addition to the City of Grand Island, Nebraska and <br />any purchaser or purchasers, their heirs, devisees, personal representatives, successors, <br />assigns or grantees, the Declarant stipulates and agrees that all of the lands hereinabove <br />identified in Lake Heritage Subdivision, an addition to the City of Grand Island, <br />Nebraska and Lake Heritage Second Subdivision, an addition to the City of Grand Island, <br />Nebraska shall be and are subject to the following restrictive covenants, restrictions and <br />conditions provided herein. All restrictive covenants, restrictions and conditions shall <br />run with the land. <br />2. The following definitions shall apply to this DECLARATION OF <br />RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS: <br />