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200503812 ARTICLE I. DEFINITIONS The following words, phrases, or terms used in this Declaration shall have the following definitions: 1. ",,annual Assessment" shall mean the charge levied and assessed each year against each Lot, Owner, or Lessee pursuant to Article III, paragraph 4 below. 2. "Arch i edural Committee" shall mean the committee of the Association created pursuant to Article II, paragraph 4 below. 3. "Articles" shall mean the Articles of Incorporation of the Association as the same may from time to time be amended or supplemented. 4. "Assessment" shall mean the Annual Assessment, Special Assessment, and/or Maintenance Charge. 5. "Assessment Lien" shall mean the lien created and imposed by Article III. 6. "Association" shall mean the HOFFMAN SUBDIVISION HOMEOWNERS ASSOCIATION, INC., which will hereafter be incorporated as a non - profit Nebraska Corporation, its successors and assigns. 7. "Board" shall mean the Board of Directors of the Association. 8. Bylaws" shall mean the Bylaws of the Association and any amendments or supplements to such Bylaws. 9. ".Common Area" shall mean all areas marked "common area," or "outlot" on the final recorded plat of the HOFFMAN SECOND SUBDIVISION, and all improvements hereafter constructed by the Association. The Common Area or Outlots described in this paragraph shall be conveyed to the Association by the time conveyance of the first Lot subject to this Declaration and subject to any adjustment in such areas as may be made by recorded instruments. The easements may be granted and created on a Recorded subdivision plat or Tract Declaration or by a deed or other conveyance accepted by the Association. 10. "Declarant" shall mean Gene Hoffman, d.b.a. Hoffman Development, L.L.C., his successors and assigns, if such successors or assigns would acquire more than one undeveloped Lot from the Declarant for the purpose of resale and execute and record a supplemental declaration declaring itself as a succeeding Declarant hereunder provided. '11. wd ing" shall mean any building or portion of a building situated upon a Lot designed and intended for use and occupancy as a residence by a single family, or a Lot or combination of Lots that may be designated by the Declarants for multiple family units, townhouses, or condominiums. Page 2.