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<br /> , 1�. ��,�,��re�a L�ko E4tat�� gos�Ormsr� ]L�oa�ation Et 1�■ �nd
<br /> �� R�a�ylationaM thsll m�au tb� rul�� ndopt�d by th� Hoard purswn� to
<br /> � �rtial�� II and III.
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<br /> - 16. �ownarM shall the racord ownor, whothor one or more �-
<br /> �� pn�c�ona or anti�ias, of a fae simpla titlo to aay Lot, and an Ownor
<br /> of Qach half of Tcwnhouao Lota aovontaon (17) through twonty-two
<br /> -_��, (a2). owner ainy iaalude s pereon or persoas or eatities under a
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<br /> i zecorded coatract if the record owner axeautes a release and �°
<br /> ��; �ransfar of his or her votinq riqhts to the aoatraat purchaser.
<br /> � �hers hevinq an interest meraly ae seaurity for the performaaae cf �
<br /> an obligatioa are not owners. In the aase of Lots wbereia the fee -,_
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<br /> -_-_ _ aimpla title is veeted of record in a truatee pursuant to Nebrealca �{,:.
<br /> �� _. Revised Statutes, Section 30-2901 et. aeq., leqal title shall be in �;;�
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<br /> =��°°����� tho trastor.
<br /> "SH17.X.T_•y�� . �''x.
<br /> �'�'`''��`�"°� ARTICLE II. –
<br /> :���.�-�"_'%�' �eVF•N�*1'r6 RE3TRICTION3 AND CONDITION3
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<br /> -ewnv.'i�vaFa:r.,.:�'��:
<br /> �'--'�;..R�,''�n� ` IA coneideration of the mutual benefits to be dez�VOd by tlle _
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<br /> �-.,;:u�;'��Y`�;� ownere of Ponderosa Lake Estates Subdivision and aay purchaser or ����
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<br /> ���:.;;�:`.-';;`;'_w'���� ' purchasere, their heira, devisees, personal repres9atatives and
<br /> ,;,�s:�l;,ri�� aesigns, tbe declarant stipulates and agrQea that any and al]. loie __-
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<br /> a<<� ia Block One (1) of Ponderoea Lake Estates Subdivision, includinq
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<br /> ����=d� �' Lots Oae (1) throuqh Sixteen and Seventiean a (17a) throuqh Twenty- —
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<br /> �..��,. Two b (22b), end Estate Blocks 3, 4, 5, and 6, all as surveyed and
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<br /> platted and more particularly described as recorded ia the office `=�
<br /> _.�.y.��..;�fi; of the Reqister of Deeds, Hal l County, Nebraska, that are sold, p�
<br /> �.::..,s �'-
<br /> transferred and conveyed, shall be and are sub ject to the followinq -
<br /> —'�:?� . _ protective covenants, restrictions and aonditione. All covonaats, .
<br /> ""°'"���� rua with the land end aro ae �
<br /> ;��r�. rQStriations and aonditions shall
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<br />� �.,,:•• . _ followe:
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<br /> �� '�''", Tr,ts Affected: ose of r.ots. All lots in the subdivieioa
<br /> ,�.;:,y; 1.
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<br /> :�- �..:.: , shall be known and described as residential lots. No apartment ____
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<br />- - �, � hoi�se, shall be built on any residential lot, and no basemeat house ,,
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<br />-- r �=� � ehall be built on any reaidential lo�. No structure ehall be
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<br /> ���;.. a , erected, altered, placed or permitted to remain on any residential �,�;,
<br /> ��,� '� lot other than one ( i) dwelling with an attached or detached �
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