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__ -"� ^... " _" .�.__ _ _ . .. ..s}��__ <br /> '_�='a� .. � . . ..-[.: _ <br /> �:�Ili" .. -;,� �; . <br /> .K ��� • <br /> �7�.. ' •4j���Yi^� <br /> ���� � . ,:f� �,,,- . -- - =- - -- _ _ _ .. - _- <br /> '1 .. . �rl�.,, ' _' . - .," . ..n� •-w. .�_ .. <br /> . .. <br /> .n... _ <br /> .. �.�'..'" _ <br /> ��., , _ . _"-. _ _____ _ ___.. _.__ _ _—. <br /> _—��, .� <br /> �� <br /> � � <br /> �� �� � �Z 100182 <br /> � i <br /> _;� the Pondaroaa Laka Estatoa Homoownors Jlasoc3atioa, Inc. to <br /> ��' bavo a continuous sand boaah around the �ake. <br /> �� O. 7�►y roal estato teizoa Zevied and asoeseQd sqa�inst <br /> � Ponderoea Lake Estates �omsowners Assoaiation shall be borae r"��" <br /> . ����_. <br /> �_�:..,A;!'.!''��T�' <br /> �A�•�� X%F-. equally and paid by the members of the Pondercea Lake Estates <br /> �� �. . <br /> �;�� . � �, 8ome�wners Aseociation throuqh the aunual assesamo�ats as <br /> �-°=-•-�� �. desaribed in Article IIi, paraqrapb 4. <br /> � � Ty���- 17. Townho�es. Lots seveat�en (17) through twenty-two (22) <br /> _.�:�,;, <br /> __ �:�:�. ' . may bavQ oae dock per lot. Theae townhouoas ehall have one-half of <br /> t•••�fl i'n�`�' ; tj16 ZOt C�6C�A(� �O tl'16 OWD6r. . <br /> n.�a � �� !{�5{`5���7�� <br />_ 4 � �.;;�7>';`; le. Cite drainage f rom any lot to the lake a�d the materials �r_" <br /> ���� a � <br />- -�:�.; '� i' ,�,� y - <br />__-�•`�`-�`-`-'��'��� ���5��,` used fcr such dra3nage mu�t be approved by the Arahitectural _� <br /> -=�°�:��u�«..as. <br /> . ,:��l,;�t t.�,�!?'�r��;'�'s��.��, Committee. <br /> - � •:t1�' "`(,+,�:;r;�,�.• <br />= �r: ^l�y:'if:•,,,'",, ARTICLE III. <br /> •,.��. � . <br /> '�" '����°',�:,'��•� ORGANI2ATION OF ASSOCIATION <br /> � .��s.. <br />. ` N_,'� <br /> ; � •'�i���: � 1. Formation of Assoaiation. The Ponderosa Lake Estates __ <br /> :�?' ` ���"� . Homeowuers Associatfon shall be a non-profit Nebraska Corporation _ __ <br /> �...:._ <br /> , , •��:: . . . =- <br /> _ ,.. <br /> � .��+�-������ � charged with the duties and investad with the powQro prescribod by �,�-�° <br /> ,; : ,; ; . <br /> �.� �• � • law and set fortih in the 1►rticlea, Bylaws, aad this Doaleratfon. <br /> �.�..,�:, . <br /> , __ � .. - <br /> _ _ __ <br /> ���`•.���s '�-� Neither the Articles nor the Bylaws shall, for any reaaon, bo ____ <br /> � ' amended or otherwise changed or iaterpreted eo as to be °= <br />- ^� � iacoasistent with this Declaration. It shall be the respoasibility <br /> � ' of the aorporation to enforce all of the covenante, reetriatioas <br /> . �a�� aad conditione contained in this Aqreement. __ <br /> . . .':/'� - - <br /> �` ;�»' 2. Classes of votiaq memberships. Ponderosa Lake Eststes - <br /> •� :;�%`�� ' Homeowaers Aseociation shall have two (2) classes of voting =_.--. <br /> ,-, , • :;,; : _�- <br /> �.� �;�';.. ....:<, � meiaberebips: <br /> � �< ' '<<t;,,;,±.. <br /> .:-� ; ��'•':�,,.��;� ,, �,_ <br /> , • .:' �,�,7..iCr, ;� . <br /> ��: ,r,:� ,;,,�., ,.. A. Class a. one (1) share o� Class A noting membership �- <br /> ��'`��' � � shall be issued for eacb of lots one (i) through sixteen (16), �"�- <br /> - . ���� , � � . and one share for each one-half (i/2) lots seventeen a (17a) �� <br /> � A ,;�r,�;'�� � through twenty-two b (22b), and one share for each estatca �- �' <br /> ,�� , ''.��;�ti r' b l o c k. E a c h h o l d e r o f C lass A votin g membershi p ie entftled �''���.- <br /> ..,:,.. <br /> �'"�:��; ���,° �� to one (1) vote for each share so issued. Ha ahares shal l be �•���- <br /> _ ti�,.•:;;,. � .,,�..' ',. �== <br /> • '. ;,r ,,�a• :' , .. issued for the Outlots. ..� - <br /> :.�, . . .� <br /> ', ., ,{�;.r.�,;:, . <br /> +. �;������'::r'� B. Class b. Class B votinq membership shares shall be �.' <br /> .., .�,y+:�';:;� . �� • <br /> :,,��.�,.; issued to Peqgy Rae, her succesaors and assigns, one share for ' <br /> • � . each of lots one (i) throuqh s3xteen (16), and one share for ! . <br /> , � � <br /> il <br /> ; <br /> i <br /> 1 <br /> � ��I�, � <br /> �{' . <br /> •'' ..°1!�' . . 1�� ' .. . . . . : � . <br /> . , dl, � . � . , . - . <br /> �` �`'�{f,t'i_,`` �. ' � . . , <br /> � '.;°.{�r4�:,i,, .. y � , <br /> 'ti.�.,���.. t <br /> �. <br /> � . � { <br /> , .. � <br /> . . <br /> , � __ <br />