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r 201109314 (d) The Association may create a schedule of fines for violation of Association rules and regulations which fines shall be treated and billed as a special assessment to the offending Owner's Lot. 10. The lien of any dues or special assessment shall, until shown of record, be subordinate to the lien of any mortgage, deed of trust or other encumbrance placed upon the Lot against which the assessment is levied. VI. TERM AND AMENDMENT OF RESTRICTIONS AND COVENANTS These Restrictive Covenants, Restrictions and Conditions are to run with the land and shall be binding on all persons and all parties claiming ownership of any of the lots, together with any portion or subsequent resubdivision of those lots, until January 1, 2021 at which time these Restrictive Covenants, Restrictions and Conditions shall be automatically extended for successive terms of ten (10) years each, unless and until terminated at the end of any term by a written Notice of Termination signed by the then Owners of a majority of the Lots, together with any portion or subsequent resubdivision of those Lots, which will become effective to terminate these Restrictive Covenants, Restrictions and Conditions as of the last day of the term during which said Notice of Termination is recorded in the office of the Register of Deeds, Hall County, Nebraska. These Restrictive Covenants, Restrictions and Conditions may be amended at any time by an instrument signed by the then Owners of a majority of the Lots together with any portion or subsequent resubdivision of those lots. Any such amendment will become effective upon the date of its recording in the Office of the Register of Deeds, Hall County, Nebraska. VII. LEGAL CONSTRUCTION In the event of any conflict between the provisions of this Declaration of Restrictive Covenants, Restrictions and Conditions and the provisions of the Agreement for Restrictive Covenants, Restrictions and Conditions for "Lake Heritage Subdivision" and the Remaining Portion of the Northwest Quarter of the Northwest Quarter (NW1/4NW1/4) of Section Thirty- Three (33), Township Eleven (11) North, Range Nine (9) West, Hall County, Nebraska dated June 26, 1978 which was filed in the office of the Register of Deeds of Hall County, Nebraska on June 26, 1978 as instrument no. 78-003981, the provisions of this Declaration of Restrictive Covenants, Restrictions and Conditions shall control. If any of the restrictive covenants, restrictions or conditions herein set forth are violated and declared void by a court of competent jurisdiction, the remaining restrictive covenants, restrictions and conditions shall not be affected, but shall stay and remain in full force and effect. This Declaration of Restrictive Covenants, Restrictions and Conditions may be executed in two or more counterparts each of which shall be deemed an original but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned has executed this Declaration of Restrictive Covenants, Restrictions and Conditions effective as of the date first noted above. 7