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i <br /> <br />shall denominate said assignee as a successor <br />Declarant as provided in the By-Laws. The <br />Declarant Member or their. successor shall be <br />entitled to three (3) votes for each Lot owned. <br />The Declarant Membership shall cease and be <br />converted to Resident Membership upon the <br />earlier to occur of the following-events, to <br />wit: (1} when the total votes outstanding of <br />Resident Membership equal the total votes <br />outstanding in the Declarant Membership, or <br />(2) on July 1, 1984. <br />ARTICLE IV <br />COVENANT FOR MAINTENANCE ASSESSMENTS <br />1. Creation of the Lien and. Personal <br />rogertzes ereby covenants, and each Owner of any Lot by <br />acceptance of a deed therefor, whether or not it shall be so <br />expressed in such deed, is deemed to covenant and agree to pay <br />to the Association: {1} Regular annual maintenance assessments <br />or charges for the purposes hereinafter set forth in Section 2 <br />hereof, (2} Regular assessments for insurance on Properties, <br />and (3) Assessments for capital improvements, such assessments <br />to be established and collected as hereinafter provided. Such <br />regular and special assessments, together with interest, costs <br />and reasonable attorney`s fees, shall be and constitute, from the <br />date levied until paid, a continuing charge against and lien upon <br />such Lot yr property against which each such assessment is made, <br />without any requirement of recording further notice of such lien. <br />Each such assessment, together with interest, costs, and reason- <br />able attorney's fees, shall also he the personal obligation of <br />each person wh^ was an Owner of such Loc at the time when the <br />assessment fell due. The personal o61i~;ation far delinquent <br />assessments shall not pass to successor Owners unless expressly <br />assumed by them. <br />Section 2 Pur~osa of Assessments. The assessments <br />levied by t e ssociat:on s a e use exclusively without any <br />part of the net earnings inuring tv the private benefit of it's <br />members, to promote and sustain their social welfare and other- <br />wise provide for their health, pleasure, recreation, safety, <br />and other nongrofitabie interests by acquiring, maintaining, <br />operating, contributing to tine acquisition, maintenance, or oper- <br />ation of, or otherwise making available for use any one or more <br />area entrances ar entry structures, and any other recreational <br />equipment, facilities, grounds, or structures, r_o provide weed and <br />other actual or potential nuisance abatement or control, security <br />service, and other community services, to provide for snow removal <br />on the driveways, parking spaces located on private property and <br />public and grivate sidewalks in the subdivision; to provide for the <br />removal of garbage and trash Pram the subdivision; to mow, seed, <br />reseed, fertilize and care for the lawns in the Common Area; to <br />provide for exterior maintenance on the homes located on the <br />Properties, to provide architectural control and secure compliance <br />with ar enforcement of applicable covenants, easements, restrictions; <br />and similar limitations, and to undertake such other activities <br />appropriate, convenient or necessary to promote or sustain any <br />such interest. The exterior maintenance shall consist of exterior <br />maintenance upon each Lot which is subject to assessment for <br />exterior maintenance hereunder, including but not in limitation <br />of the following, the painting, repair, replacement and care of <br />roofs, gutters, downspouts, exterior building surfaces, trees, shrubs, <br />grass, walks, driveways and private drives and private roads, and <br />other improvements. Exterior maintenance shall sot include repair, <br />replaf~aent and cars of glass surfaces, doors, garage doers, <br />mechanical garage door openers gar any mechanical equipment such <br />as air conditioning condensers and related appliances and equipment. <br />Its the avant thet the Head for maintenance or repair is caused <br />-3- <br />