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80-~~ - 3 - D. No power or mechanica}ly driven boats using a motor exceeding five ...... (5) horse power shall be placed in or used on said "Brentwood Lake" by any take front owner ar their guests. E. Any real estate taxes }evied and assessed against "Brentwood Lake" shall be borne equally and paid by owners of platted lots adjoining and abutting "Brentwood Lake". Said taxes shall be prorated by number of lots only, regardless of any actual difference in size of lots. Any owner who fails to pay his or her respective pro-rated share of real estate taxes on said lake when the same become due antl legally payable shall have no further rights to use said lake until such time as said pro-rata share of taxes are paid by said }ot owner. F. AlT owners of lots adjoining or abutting said "Brentwood.Lake" acknow- ledge that no other owner of any other lot or lots in Brentwood Sub- division, Brentwood Second Subdivision and Brentwood Third Subdivision, has any express or implied duty to maintain Brentwood Lake, to super- vise the use of said lake, or to take any steps or measures to protect any others in their use of said lake. G. No minnows or any type of bait fish shall be used for fishing in Brentwood Lake. 16. As soon as ninety (90) percent of the lots in Brentwood Subdivision, Brent- wood Second Subdivision and Brentwood Third Subdivision fronting on "Brentwood Lake" are sold to owners other than Brentwood Development Company of Grand Island, the fol- lowing provisions shall apoly: A. A corporation named Brentwood Lake, Inc. shall be incorporated which corporation will own that portion of Brentwood Lake to be deeded to said corporation by Brentwood Development Company of Grand Island. B. One share of stock, representing one vote, will be issued to the owner or owners of each }ot adjacent to and fronting on said lake, said stock to run ari th the land and automatically transfer to any new owner upon the sale of any tot adjacent to and fronting on said land. A Board of Directors consisting of five (5) stockholders shall he elected annually and said Board of Directors shall control by maj- ority vote of the same, the management and operation of said "Brent- wood Lake", which shall include, but not be limited to the assess- ment of up to STOO per lot per year for maintenance of appearance of said Take and shoreline, water quality control and any and all other matters pertaining to said lake. Any lots adjacent to and fronting on said lake that have a multi-family dwelling shall be assessed•on the basis of originally platted lots and said original- ly platted lots shall be assessed by the lot and not by the number of dwellings located on said Tots. D. The failure of any lot owner fronting on said lake to pay any assess- ments as set forth above, within 30 days of being notified of said assessment, shall result in said lot owner having no further privi- leges in regard to the use of said "Brentwood Lake" until said de- linquent assessments are paid in full. E. The owners of lake front lots agree to keep the shoreline abutting the lot owned by said lot owner in a good state of repair and said aafners agree that no floating docks or unsightly docks will be con- structed or used by any such lake front lot owners. tlo docks shall extend beyond five (5) feet into the lake nor shall any boat storage garage be built on said }akeshore. 17. If any owner of any lot, ar their heirs or assigns shall violate or attempt to violate any of the covenants, restrictions and conditions herein set forth, it shall be lawful for any other person or persons owning any real estate in said addition to pro- secute such proceedings at law or in equity against the person or persons violating or attempting to violate any such covenants and to prevent him from so doing or to recover damages for such violations. 16. If any of the covenants, restrictions or conditions herein set forth are de- clared void 'vy a court of competent jurisdiction, the remaining covenants, restrictions ar conditions shalt pat be aff'e:.ted, but shall main in full force and effect.