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<br /> � , . . �"=� 14. eM be�er—n shall mean �a O�aaes of s lot ia PGNDEROB� LAi� � , � .-� :
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<br /> • . � - 1 6. �owne� shali meaa the record ovoaer, oahether one or more `�
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<br /> ,. ` .``°'�; persona or eatities, of a �ec� si.mple title �o any lot in Pondorosa % --_ �-��---�'
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<br />; � �' La1ce g:s�ates Four�h Subdivisioa. owner map inc].ude a persoa or � _.,�_�
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<br /> ,� . coa�ract purchaser. O�hers haeing an interes� merely �e security �- � _
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<br /> '. � .' ��:; for t$e pexfarmsnc� og an obliga�foa are not oo�aers. in �he �aase . �: ��,:�._
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<br /> • . � �:,•��: of lots s�8ereia �he fee aimple �ti.tle is aeste� o� reao�cd ia � � _ —
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<br />. � .' ` truatoe pursuaat �o�j��TAFiS[A �aAVised S4:ata�te�� Sectiion 30-2801, et. � � • ' --
<br /> . .. . .' seq., legal title sball be iu the trustor. ' � -_--.
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<br /> . :. _ �AV�IJA1�3'3 �tESTRIC'1'Tb�I3 AN� CONQITIONS � ��---
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<br /> � • Ia coasideratioa of the mu�ual beaefits �o be des�.ved bg� the � .� .•
<br /> � . �- . . oc�ners of Ponderosa Lake Estates Fou�th Subdiv9.sioa aad any �- �.� . .}� :�
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