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~-f~i~u <br />shall denominate said assignee as a successor <br />Declarant as provided in r_he 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, 1484. <br />ARTICLE IV <br />COVENANT FOR MAINTENANCE ASSESSMENTS <br />Section 1. Creation of the Lien and Personal Obli ation <br />Of Assessment- s. 3'Iie Dec grant or ere Lot owne wzt in t e <br />ropert es 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 cagital 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 upan <br />such Lot or 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 be the personal obligation of <br />each person who was an Owner of such Lot at the time when the <br />assessment fell due. The personal obligation for delinquent <br />assessments shall not pass to successor Owners unless expressly <br />assumed by them. <br />Section 2. P~ur o~se of Assessments. The assessments <br />levied by t e saciat of n s~ia~ a use exc usively without any <br />part of the net earnings inuring to the private benefit of it's <br />members, to promote and sustain their social welfare and other- <br />wise provide for their heal z.", pleasure, recreation, safety, <br />and other nonprofitable interests by acquiring, maintaining, <br />ogaratiag. contributing to the acquiaitian, maintenance, or oper- <br />ation of. or otherwiaa making-available for use any one or more <br />area entrances or entry structures, and any other recreational <br />equipsent, facilities, grounds, or structures, to provide weed and <br />other actual or potential nuisance abatement or control, security <br />service, and other comisunity services, to provide for snow removal <br />on the driveways, parking spaces located on private property and <br />public and private sidewalks in the subdivision; to provide for the <br />xemoval of garbage and trash from 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 arehitectural.control and secure compliance <br />with or 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 itttereet. The exterior maintenance shall consist of exterior <br />maintenance upon each Lot which is subject to assessment for <br />exterior maintexwnca 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., iial_ks. driveways and private drives and private roads, and <br />oti~ez ia~rwements. Exterior maintenance shall not include repair, <br />replacement and care of glees surfaces, doors, garage doors, <br />a~sChaaical garage doer. openers or any mechanical equipment such <br />as air- cond$tioning condensers and related appliances and equipment. <br />In thQ avant that-the Head for maintenance or repair is caused <br />-3- <br />