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<br /> _� `_ , �►Aasociatior� sha�.l mean PONl�ER�3A L�RE 3sSTgTES , „�--_
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<br />��.�,�,-;�.�,=- , SO1�+aWNBRS BS�OCISTIODF,. IBC., whfch has beea incorporated as a non- - - -
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<br /> rofit Nebraska ao oration, it successors and assigne , ���-,�,
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<br /> -�"�''�w��.��`� • ?. �Eo � shall meaa the Bossd of Directors of the • � __ ���
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<br /> �r�'r . Association. ---- --
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<br />���'i�='- ���:. . 8_ �Bylaws" shall mea�a the bylaws af the Associatfon aad ang� ��.+�
<br /> ''�-,.-_ ',�. ` ..�
<br />_ �:',.�_:1r+'.: . �
<br /> ,,..',` , .: � amendments or supplemsats to such bylaws. . . F�.��-:y-�_�-��-
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<br /> � � ' 9. �Comi¢o��lrea" s . . " .�ie�[:�" ';"� -
<br /> . ' � �� (a) a►utlots Ci, C2, C3, C4, C5 0� Ponderosa Lake -:-�.==.y=�
<br /> " ' . � Estates Sut�rlivision and outicats A, a, C of r.����
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<br /> ,. _ �_ Poaderosa Lak� .Estates Thi.rd Subdivision, aud ��.
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<br /> � a�l ,fmprovemeats herea�ter constructed by the �• �' =
<br /> Aasociatioa; aad � . ' ��4��-
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<br /> �,.. �, � � (b) areas oa a lot witbin easente�a.� granted to the -{ ,
<br /> � � � Association or its membe�s fms the lacation, ,,._
<br /> �f�" • aonst=u.ct3oae maintena:ace, repair aad �
<br /> �-'�j, place�r�ant of boat ram�s; and �
<br /> � ���� 'i�'- - �y .
<br /> , --��`:�,t=��,���� �. (c) all of outlots 1� (the bed af i�ke Poaderosa); aa3 - �_
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<br />__:.:;�r,,,.: (d) related facilities, laadscaped areas and _
<br /> :;n.y_��_,;,,. Outlots 8 (the priva�r� streets of Ponderosa� :'�: �
<br /> :�-�si�:;�.�:..: � Lake BsEates Subdivis�a�). — `...`..
<br /> �'::�n�s-�. ; �-��
<br /> "� '=�'' ��� � The commoa area de�cribed ia subparac,praPh (a) of tbi.s garagraph ��y�_
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<br /> ,:�=�"�����:� . � . slaall be �onvey�i to the Assoc��tion by the time of cQaveyance of �-.e��
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<br /> .. � the firs� lot sub ject to this De�Zaratioa and sub ject to any ` �� . �-:,;_
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<br /> ,:��t. ' ' , ad just�ent in such areas as may b�e mad�'by recorded instnffisnts. �;,,, ' : ;�
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<br />-.'�.tt�_:�:g-�_ ' �•'yf.1�T� i .
<br /> -•-��Y � � �he easements may be gsaated or created on a recorded subdfvision . �
<br />-=�_�__,,r,_+,�:.� plat or �ract declaration or hy a deed or.other comvepance accep�ed .. , a'"=
<br /> _ .�-:t�?y • ' ,- �
<br />-°-•:f x�� . lby the 8ssociation. " .. . .. "'
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<br />���:�=��` � Y.:: 10• flDE�18I8I1tR shall mean Pegqp Rae and her successors aad �• . .�
<br /> 'r.,:z-a_-'��'—w�. rNi.. . . . .
<br />�-,}'".�rise':$�'F'. . . .
<br /> - --;�.�:::-.,,.•. assiqns, if such succe�sors or assigns would acquire mor� lhan oae , .
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<br /> �=:a;�;,�Y•�,��;, uadeveloped lot from Beclazant f�r the purpose of resale aad , . . __
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