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HomeMy WebLinkAboutJesup's Landing Townhomes Declaration of Restrictions and Protective Covenants - 2006 12 10PER RANDY STEVENSON, THERE WERE SOME CHANGES THAT WERE MADE TO THIS DOCUMENT THAT DID NOT GO BACK TO THE CITY COMMISSION. THIS DOCUMENT IS THE CORRECT VERSION EVEN THOUGH IT IS NOT EXACTLY THE SAME THAT WENT TO THE CITY COMMISSION AT THE NOVEMBER 14, 2005 REGULAR MEETING AS CONSENT 207. I IIII II IN O IN IE 11i i1 NI II 1p I1 AI l! fN II 1E1 N IR N M l ~l MgflYNMF. M(IRSE, CLEAN OF C[RCUIT Ct7URi SEMINDLE CUIMrTY BN 06116 Pqt 130 - 1991 f50pg.) CLERK'S 1Y 2i1U6~~22465 AECf]RDED f?P/SO/POOfi 081S4s31 AM AEC4RDiNG FEES 4z6.S0 IIE[~]RDED ev D rno..t (TLD?at62~t) DECLARA'T'ION OF RESTRICTIONS AND PROTECTIVE COVENANTS Q FOR JESUP'S LANDING TOWNI3OMES o ~I Nancy M. quue Akerm 106 East College a th Floor Tallahassee, Flo 301 0 W~ -c sti ~. ~- ~cL ~~ ` ~' ~ r~ ~~ .~ ~ o f~L Book6116/Page145O CFN#2006022465 TABLE OF CONTENTS Page ARTICLE I. DEFINITIONS .......................................................................................................... 1 ARTICLE II. PROPERTY SUBJECT 1'O THIS DECLARATION .............................................. 3 Secti .Legal Description .................................................................................................. 3 ~ ' veloper's Right to Add Additional Property to or Withdraw Property ............ 3 ARTiCL SUP'S LANDING TOWNHOMES OWNERS' ASSOCIATION ..................... 3 Sectt epbership .......................................................................................................... 3 Sectio ting Rights ........................................................................................................ 3 Section on Area Ownership .................................................................................... 4 Section 4. wers ................................................................................................................. Section 5. Rule d"Regulations .......................................................................................... 4 Section 6. Consolidation ....................................................................................... 4 Section 7. Te on of the Association ............................................................................ 5 ARTICLE IV. MAIN E OBLIGATIONS ....................................................................... ~ Section 1. Commo aintenance ................................................................................. 5 Section 2. Street Li g .................................................................................................. S Section 3. L.ot Mainte ................................................................................................. 6 Section 4. Irrigation Sy .................................................................................................. 6 Section 5. Stormwater Drainacility ............................................................................... 6 Section 6. Drainage Retenti as (DRA's) ...................................................................... Section 7. Surface Water M Bement System ..................................................................... 7 Section 8. Drainage Improvemehin Easements .......................................................... 7 ARTICLE V. ASSOCIATION ASSESS vv S .......................................................................... 7 Section 1. Creation of the Lien and Obligation for the Assessments ..................... 7 Section 2. General Assessments ........ ..... ..................................................................... 7 Section 3. Date of Commencement of ,Asessments; Due Dates ............................. 8 Section 4. initial Budget ................................ ............................................................. B Section 5. Special Assessments .................. ................................................................. 8 Section 6. Trust Funds .................................. ...........................................................,...... 4 Section 7. Guaranteed Assessments during G Period ............................................. 9 Section 8. Working Capital Fund ..................... ... .................................................10 Section 9. Assessment Roster and Certificate .......~ .. ................................................. l0 Section 10. Collection of Assessment, Effect of ayment of Assessments; The Personal Obligation oS tl-e Owner; T -en, Remedies of the Association ...............................................~................................................. 10 Section l 1. Subordination of the Lien to First Mortgages~..••.....••••••••••••••••••~••••••••••••• 11 ARTICLE VI. ARCHITECTURAL CONTROL ........................... .. ................................... 1 Section I. Architectural Control ..........................................,,~~f~.......,.........................12 AR~'ICLE V[I. EASEMENTS .........................................................ti.`~,:~~.........,....................12 ~TL074A62;8~ Book6116/Page1451 CFN#2006022465 Section 1. Members' Easements .......................................................................................... 12 Section 2. Easements Appurtenant ...................................................................................... 12 Section 3. Utility Easements ................................................................................................ 12 Section 4. Public Easements ................................................................................................ 13 Section S. Easements for Encroachment ............................................................................. l3 Section 6. Right to Grant or Relocate Easement ................................................................. l3 Sectio 7. Association Easement ......................................................................................... l3 Sectio Easement far Access and Urainage .................................................................... 13 lley Cross Easernent .........................................................................................14 ARTICL ENERAL RESTRICTIVE COVENANTS ..................................................... l4 • ... 14 Sectt ~'icability .................................................................................................... Sectio Use .............................................................................................................14 Section ing Location ............................................................................................... 14 Section 4. ds Rgtg of Easements ................................................................................. 1 S Section 5. N ............................................................................................................ 15 Section 6. T Structures ......................................................................................... 15 Section 7. Sign ................................................................................................................. Section 8.Oi1 and Operations ................................................................................. 15 Section 9. Animal ts ................................................................................................ 15 Section 10. Visibili tions .................................................................................. 16 Section 11. Perking.... .................... ...... ....,... ]6 . 16 .................... ........................... ... . Section 12. Fences ........................ ....... .... .. .. Section 13. Fledges ~ ........:.::........... ...............................................................16 ............ Section 14. Garbage and T posal ............................................................................. 16 Section 15. Drying Areas......~~~5 ........................................................................................... 17 ............................ ................................... ..... .. Section 16. Gas Containers..... .•••••••••••• 17 Section 17. Communication Eq m ..............................................................................17 Section 1 B. City Requirement.......... 1 ~ Section 19. Drainage ....................... ........................ ... 17 Section 20. Pumping or Draining ...... ... ................................................................... 17 Section 21. Leasing .................... ..,.. .....~................................................,............. 18 ........ Section 22. Waterways ................................................................. 18 Section 23. Screen F,nclosures ................. .................................,...........,........ 18 Section 24. Alley Parking ............................. ... ............................................................ ] 8 Section 25. Air Conditioning Equipment .......~ •••••••••••••••••~•••••••••••••••••••••••••••••••••• 179 Section 26. Garage Doors ................................ (~~; ..........................................,............. 18 ........................................... Section 27. Window and Sliding Olass Door Trea ... 18 Section 28. Exterior Holiday Decorations ................ ..................................................... 18 Section 29. Recreational Equipment ................................ .......................................... 18 ~.. AR"I'ICLE IX. INSURANCE AND HAZARD LOSSES...........~.....••••••••••••••••••••••••••••••••••• 19 19 Section 1. Authority to Purchase: Named Insured .................... ...................................19 Section 2. Coverage ............................................................ 21 ........... Section 3. Premiums .................... .................................... ... .. ........ . 21 Section 4. Association's Power to Compromise Claims.........~.-"~•ra•••••••••••••••••••••••••••• ~r~ov+eez:s~ Book61161Page1452 CFN#2006022465 ARTICLE X. DEVELOPER'S RIGHTS ...................................................................................... 21 Section 1. Sales Activity ...................................................................................................... 21 Section 2. Replatting ............................................................................................................ 21 Section 3. Utility and Constnlerion Payments and/or Deposits ........................................... 21 Section 4. Developer's Right to Common Areas ................................................................. 22 Section S. Assignment of Developer Rilhts ........................................................................ 22 Sectic~6. Developer Approval of Board Action ................................................................. 22 ARTI ORTGAGEES' RIGHTS ................................................................................... 22 S lion tices of Action ................................................................................................ 22 See o Priority .......................................................................................................... 23 Secti t4~e to Association .......................................................................................... 23 Sectio icability of Article XI .................................................................................. 23 Section a of Mortgagee to Respond ....................................................................... 23 O ARTICLE XII. G PROVISIONS .................................................................................. 23 Section 1. D ...................................................................................•--...--•--............. 23 Section 2. Nov ................................................................................................................ 23 Section 3. Enforce ....................................................................................................... 24 Section 4. Scverab ...................................................................................................... 24 Section 5. Amendm ~ .............................................................................................. 24 ... Section 6. Litigation.. ............................................................................................... 25 Section 7. Effective Date ........................................................................................... 25 Section 8. Application o w; Conflicts ............................................................................ 25 l~ ~~ ~~ (TU1746h2;81 111 Book6116IPage1453 CFN#2006022465 DECLARATION OF RESTRICTIONS AND PROTECTIVE COVENANTS FOR ,iESUP'S LANDING TOWNHOMES THIS DECLARATION (the "Declaration"), made this (3~4 day of j~t•~ , 2005, by LEVITY AND SONS OF SEMINOLE COUNTY, LLC, a Florida limited liability company (" veloper")> which declares that the real property described in Article II, is and shall be held, fetred, sold, conveyed and occupied subject to the covenants, restrictions, easem cs and liens (sometimes referred to as "covenants and restrictions") set forth herein. Zy ion does not and is not intended to create a condominium within the meaning of 'da Condominium Act, Chapter 71 B, Florida Statutes. O ARTICi~ I' DEFINTTIO T~ The following wo when used in this Declaration (unless the context shall prohibit) shall have the followings; (a) is means those payments due purstyant to Article V, whether General or Special ( ' fter defined), or a combination thereof. (b) "Associatio ' cans JESUP'S LANDING TOWNHOMFS OWNERS' ASSOCIATION, INC., yda corporation not-for-profit. The Associazion is not a condominium association d shall be subject to the proviaions of Chapter '118, Florida Statutes, only if and to the a uch provisions are applicable to residential property owner associations that are miniums. The provisions of this Declaration shall not be retroactively affected by lion enacted or effective subsequent to the date of execution of this Declaration, ex a extent provided by applicable Iaw. (c) "Board of Directors" (d) "Common Areas" me the plat of the Property, and any real pr Association, and any other interest in r deemed Common Area either in this Dec together with any impmvements on such structures, offstreet parking areas, street lig public utility installations thereon. of Directors of the Association. perty dedicated to the Association on wise conveyed to or acquired by the ty acquired by the Association and or in the instrument of conveyance, ~ncluding without limitation any entrance featwes, but excluding any (e) "Common Streets" means the ri ~ of all streets, roads, drives, courts, ways and cul-de-sacs within the Property as d din and depicted on the Plat and all paving, curbs and other improvements, facility ppurtenanccs constituting part of the roadway system within the Property, inclu t limited to, street lights, traffic control signage and utility lines, conveyed to the anon as Common Area ecificall not includi 'ty lines located within purstyant to this Declaration; but, sp Y (TLON862;8) Book61161Page1454 CFN#2006022465 such rights-of--way as may be owned by private or public utility companies or governmental agencies from time to time providing utility services to the Property; and provided, further, that Common Streets shall not include any azeas, improvements or facilities from and after the time that such areas, improvements or facilities arc dedicated to the County or other appropriate governmental or quasi-governmental entity. (f) "Developer" means Levitt and Sons of Seminole County, LLC, a Florida limi liability company, its successors and assigns, if such successor or assignee e undeveloped portion of the Property and is designated as such by Developer. e oper may make partial or multiple assignments of its rights under this D n end such assignees shall succeed to the rights of the Developer only to the ex s '~lcally provided in the assignment document. "District" means the Water Management District agency created pursuant to Chapter 373 ~rida Statutes, which has jurisdiction over the Property. {h) ~(~teral Assessments" means assessments levied W fund expenses applicable to Members of the Association and set forth in ARTICLE V.Section 2. of this Declaration. (i} Lender" means any person or entity (1} holding a mortgage encumbering a Lo ich in the ordinary course of business makes, purchases, guarantees or insures a loans, and (3) which is not owned or controlled by the Owner of the Lot encu aced. An Institutional Lender may include, but is not limited to, a federal or state chartereor savings and loan association, an insurance company, a real estate or mortgage ant trust, a pension or profit sharing plan, a mortgage company; the Government onal Mortgage Association, the Federal National Mortgage Association, the F ra ome Loan Mortgage Corporation, an agency of the United States or any other gov l authority, including the Veterans Administration and the Federal Housing Admi of the U.S. Department of Housing and Urban Development, or any other' Simi lender generally recognized as an institutional type lender. For definitional purp~ , ~n Institutional Lender shall also mean the holder of any mortgage executed by •or of Developer, whether or not such holder would otherwise be considered an Insti ti der. (j) "Lot" means any lot s the plat of JESUP'S LANDWG TOWI`1HOMES, recorded or to be record Public Records of Seminole County, Florida, and any lot shown on any resubdivist lot or any portion thereof. (k) "Surface Water Management Sy "means the overall system designed, constructed and implemented upon the Property efiting the Property to control discharges caused by rainfall events, which system ed to collect, convey, store, absorb, inhibit, treat, use or reuse surface water in o r prevrnt or reduce flooding, overdrainage, environments! degradation, and water_p and to control the quality and quantity of discharges from tt-e system, all as ~~~~t~ lyY ~~ fl'sv'~t P~"ant to Rules 40C-0, 40C-40, and 40C-42, Florida Administrat e {l'L074862:8{ Book6116/Page1455 CFN#2006022465 (I) "Owner" or "Member" means the record owner, whether one or more persons or entities, of the fee simple title to any Lot. (m) "Property" means all property and additions thereto (which additional property may or may not be contiguous to the real property described in Article ti herein), as is subjeM to this Declaration or any Supplemental Declaration under the prov' 'ons of Article ll hereof. "special Assessment" means assessments levied in accordance with TI V.Section 2. of this Declaration. p RTIA CLE TI. ~ (~ P PER S JECT TOT S ECLARA N S ion 1. 1J cri tion. The real property which is and shall be held, transferred, sold, conveyed an ed subject to this lJoclaration is located in Seminole County, Florida and is more particuescribed by Exhibit "A," attached hereto and incorporated herein by this reference. ~ Developer shall have the its sole discretion, to add addidonel property (which may or may not be contiguous to property described in Section l) to the scheme of this Declaration. Developer shall eve the right to withdraw property not previously conveyed to an Owner from the scheme of eclaration subject to the approval of the City of Winter Springs. The addition or withdraDeveloper shall not require the consent or joinder of the Association, or any Owner or mo gee of any of the Property, but shall be at the sole option of the Developer. Upon addition of an, o rty to the scheme of this Declaration, the owners of such additional property shall be an subject to this Declaration, itteluding assessment by the Association for their prorate sh o e Association expettses. The addition of lands as aforesaid shall be made and evidenced in the Public Records of Seminole County, Florida, a supplemental declaration with re elands to be added. Section 1 Mcmbe~. Every Owner of a ' h 's subject to Assessment shall be a Member of the Association. Membership shall be app and may not be separated from ownership of any Lot which is subject to Assessment. Section 2 Voting Ri¢hts. The Association shall haclasses of voting membership: Class A. Class A Members shall be all 0 with the exception of the Developer, and shall be entitled to one vote for each Lot own en more than one person holds an interest in any Lot, all such persons shall be Memb to for such Lot shall be exercisod as they determine, but in no event shall more than one vote st with respect to any Lot. tn.ot~s~sr,e} Book6116/Page1456 CFN#2006022465 Class B, The Class B Member(s) shall be the Developer. The Class B Memher shall be entitled to the same number of votes held by all other Members of the Association plus one; provided, however, that notwithstanding any provision to the contrary, the Developer shall have the right to appoint the entire $oard of Directors of the Association unti190 days after 90% of the Lots have been conveyed to Owners other than the Developer, or at an earlier date at the sole discretion of the Developer. At such time, the Developer shall call a meeting, as provided in the Bylaws Special Meetings, to provide for the tumaver of control of the Board of Directors to the Owne .The Developer shall have the right, in its sole discretion, to appoint one member to the f irectors for so long as the Developer owns any portion of the Property. S Co anon Area rshi . Developer may retain legal title to the Common Areas so I tar not turned over control of the Boatd of Directors to the Owners as specified in 2. Within thirty days after such turnover of control, the Developer shall convey and y quit claim dyed the reword fee simple title to the Common Areas to the Association an a s~iation shall accept such conveyance, subject to taxes for the year of eonvevance and t 'aliens, limitations, conditions, reservations and easements of record. 1'he Associations es on the Common Areas commencing upon the date of recordation of the plat. To the nt the Association has claims of defects w7thin the Common Areas that the Developer has a leg l lion to repair or replace, the Association shall specify any claims in writing and deliver su ms to the Developer with in 90 days after the date of the turnover of control of the Assort Any claims which are not brought to the attention of the Developer, in writing, wi 0 day period shall thereafter be barred and the Developer shall have no further liability pact to such defects. Secti n~4. Powers. With ttng the generality of the powers provided in the Articles of Incorporation, the Associationhave the power, but not the obligation, to enter into an agreement or agreements from time to a with one or more person, firms or corporations to provide management or consulting ,including the right to collect assessments and enforce the provisions of this Declaran d S~tion 5 Rules and Re~• ssociation has adopted Rules and Regulations (es defined in the Declaration), which ata e~ed from time to time. I7x Association, through its Board of Directors, also may enforce reasonable rules and regulations governing the use of the Property, which rules ions shall be consistent with the rights and duties established by this Declaration. S o violation of any rules or regulations may include reasonable monetary fines, which levied as Special Assessments as provided in this Declaration, and suspension of t to vote and the right to use the recreation facilities. The Board shall, in addition, ha r to seer relief in any court for violations or to abate nuisances. Imposition of saneti be as provided in the Bylaws of the Association. In addition, the Association, through he Board, may, by contract or other agreement, enforce court ordinances or pcmut the City of Springs to enforce ordinances on the Property for the benefit of the Association and its M r Se io 6. Mer o Conso ' at on. Upon a merger o idation of the Association with another association, or upon any decision by the Ass at its functions may be performed effectively and efficiently by another association, th ,rights and obligarions of the Association may be transferred to the surviving or consolid iation. Alternatively, {rt,n~asblsl Book6116/Page1457 CFN#2006022465 the property rights and obligations of another association may, by operation of law, be added to the Property, rights and obligations of the Association as a surviving corporation pursuant to a merger. In any event, the surviving or consolidated association may administer the covenants and restrictions established by this Declaration within the Property together with the covenants and restrictions established upon any other property as one scheme. No such merger or consolidation, however, shall effect any revocation, change or addition to the covenants established bx this Declaration. s Termination of e A cis ion. In the event of dissolution of the Association, for who vet n other than merger or consolidation as provided for herein, any Owner may petition t t it Court of the Fifth Judicial Circuit of the State of Florida for the appointment of a Recei o age the affairs of the Association and to make such provisions as may be necessary fo tinued management of the affairs of the dissolved Association, the Property and Common ~O ~j~ ARTICLE IV. ~1 MAINTENANCE OBLIGATIONS Section Co a M ' t Commencing with the date this Declaration is recorded, except as stated r, the Association shall be responsible for the maintenance of the Common Areas and an vements or personal property in a continuous and satisfactory manner and for the paymen es assessed against the Common Areas, if any, and any improvements and any pets I property thereon accruing from and after the date these covenants are recorded. For pu f illustration, Common Areas may include, but are not limited to: entrance features; g es (if aay); tracts designated for open space, wall tracts, and/or tot lots and other recreati t on the Plat; buffer areas around the perimeter of the Property; all streets end roadways wi n Property and the Common Area sprinkler system; and areas required to be maintained by ocietion under the teens of the Declaration. The Association shall at all times maintain i pair, and shall replace as scheduled any and all Common Areas and improvements belon ' e Association. The Association shall maintain all alleys, All such work shall be compl t a~tanner which, in the sole and exclusive judgment of the Board of Directors of the A or the Association as the cast may be, is deemed satisfactory. tion 2. Str L' htin .The Associatio Aerate and maintain any private street lighting facilities owned by dte Association, if any, date of recording this Declaration or from the date of installation of the private street lightr er occurs first. Maintenance of the private street lighting fixtures shall include the fixt in the Common Areas and shall further extend to payment for electricity consumed in the llumination of such lights. The cost of operating, maintaining, and illuntinadng the private street I' shall be an operating expense of the Association. If Developer, in its sole discretion, o install such private street lighting, Developer shall be eatitled to all rebates or refunds t installation charges and the Association hereby assigns such rebates or refunds to Dcv d the Association shall forthwnth pay same to the Developer. The City of Winter Spri t~ rate and maintain any public street lighting and street signage within the Property, b th iation shall pay to the City any amounts for such operation and maintenance that exc dard City cost for {TL07A862;8t Book61161Page1458 CFN#2006022465 operation and maintenance of public street lighting and signage. To that end, Developer and Association agree to execute any standard form agreement provided by the City of Winter Springs which requires such payment to be made. Such excess cost shall be an operating expense of the Association. Section 3. Lot lylaintenance. The maintenance of the Lot, including cutting the grass, irrigations em, maintenance of the landscaping material, and maintaining all landscaping originally i led by the Developer or replacement(s) thereof., shall be the wmpletc nraint onsibility of the Association. The Association's responsibility for Lol mainte ce des maintenance of portions of common alleyways that fall within the boundari ot. The maintenance of the exterior of the residence on the Lot shall be the complete a responsibility of the Association. The maintenance of all landscaping installed on the Owner(s) thereof which is in addition to and not a replacement of the landscaping d~ly installed by the Developer shall be the complete maintenance responsibility o eh r(s). 1f a mailbox is installed by the Developer, in its sale discretion, the Owner shall nsrble for the maintenance, repair and replacement of the mail -box installed by the De any m irrigati of the Lot, to andlor caused S1om1 Associ District ( ) } g by the SJRWMD for the Property and as SJRWMD permit shall be maintained by the benefit, The SJRWMD has the right to en injunction and penalties against the Association with the drainage facilities or in tnitigation or control of the Association. be amended from time to time. Copies of the tin's registered Agent for the Association's nt action, including a ci~71 action for the ~ rt to correct any outstanding problems n ion areas under the responsibility or authority for surface water permits. The onsite DRA's west and are not designed as aesthetic features, they arc for d}a na within the lakes is dependent upon rainfall and the level of level within the DRA's can be affected by and may declin result of the level of other drainage areas, the demand for pc rainfall wnditions. Because none of these factors are within t Association shall not be responsible for direct or conseque lowering of the water level in rho DRA's. The Association maintenance of water in the DItA's to any specified level. {rco~~ae2:as Seet'o 4. Irri do stem. ]f the Property includes a common irrigation system and ain irrigation line on lines and all spr Association. The provide maintenance repair of any damag by the Owner's neglig S n 5. Stormwater ilr .The maintenance, repair, or replacement of any water drainage facility located th Property shat] be the complete responsibility of the anon, in accordance with the ants of the SG Johns River Water Management "SJRWMD" . An • draina e f Il be subject to any permit which maybe issued the maintenance obligation of the Association. In addition, all ads located on the Lots shall be the maintenance responsibility shall have an easement over the Property, including any system. Notwrithstanding the foregoing, the maintenance e irri tion lines or sprinkler heads located on an Owner's Lot encentional act(s) shall be the responsibility of such Owner. WMD is the local permitting x3 as water management areas, urposcs only. The water Ieve1 dater in the ground. The water cantle at certain times as a water and irrigation water, 1 of the Association, the age resulting from the a q~be responsible for the Book6116/Page1459 CFN#2006022465 Section 7 Surface Water Management Svstcm. It is the responsibility of the Association, at Common Expense, to operate, maintain and repair portions of the Surface Water Management System located within the boundaries of the Property, and to enforce, or to take such appropriate action as may be necessary to cure violations of, the routine maintenance and non-interference covenants of the Owners and, when appropriate, to levy special assessments or individual assessrncnts therefor. Maintenance of the Surface Water Management System shall include the exercise of etices which allow the system to provide drainage, water storage, conveyance and others ter management capabilities as permitted by the District and the City of Winter Sprin ny air or reconstruction of the Surface Water Management System shall be as original ed ar, if modified, as approved by the District and the City of Winter Springs. Sect rov to within se cots. The Association shall maintain, repair and re 1 drainage improvements within the Property, including without limitation within all pla inage easements, all in accordance with the Surface Water Management System perrr-it issued y0the District A11 maintenance, repairs and replacements of drainage improvements wi Property, including without limitation within all platted drainage easements, shall-al accordance with requirements of the City of Winter Springs. ARTICLE V• f~SSOCIATION ASS SS ENTS ection 1. C lion o i d Perso a Obli n r the cots. The Developer, for each Lot own by it within the Property, hereby covenants, and each Owner of any Lot, by acceptance of a de for, whether or not it shall be so expressed in any such deed or other conveyance, shalleemed to covenant and agree to pay to the Association General Assessments for expenses o in Section 2 hereof, and Special Assessments as provided in Section 4 hereof. Such se cots are to be fixed, established and collected from time to rime as hereinafter pror~ded. cots shall be against all Lots equally; provided, however, that the cost of any mainte 'r or rep! leew ~ t~ ,awfullh ado ited rules and of a Member or by the failure of a M come Y Y P regulations of the Association shall be lei a~P~talnAn ~s ~~~ led shall commence The full Assessment as to each Lot upon to of Deco for the im rovement is nn the first day of the full calendar month afte Pte)' P issued, or upon the conveyance of the Lot by per or upon the first occupancy of the improvement, whichever occurs first. No Owner ive or otherwise escape liability for the Assessments for maintenance by non-use of the C ~ Areas or abandonment of his right to use the Common Areas. The General and Special together with interest thereon and costs collection thereof as hereinafter provided, a charge on the Lot and shall he a continuing lien upon the Lot against which the As me t is made, and shall also be the personal obligation of the Owner of such Lot. The lien rivided herein shall not apply to any portion of the Property owned by the Developer. ~~~~ `""'" Section 2 G Hera! Assessments. The General Asses levied by the Association shall be used exclusively for the expenses of the Associati expenses are any and all charges for the administration of the Association, cable televi o s rf any, maintenance, repair, replacement and operation of the Common Areas and ion, maintenance and {TL07~852;8) Book6116/Page1460 CFN#2006022465 repair of the lift station and the Surface Water Management System as described in Article 1V, Section 6 and 7 hereof; including, but not limited to: management, accounting and legal fees, postage, utility service to Conunon Areas, Association insurance, reserves deemed necessary by the Boazd of Directors for repair, replacement or addition to the Common Area, and payment of all debts and obligations of the Association which are properly incurred for the purposes stated in this Declaration. Se 3. D to f Co rnent of Ge eral Ass nts• Due to . The Gesteral Assc I commence on the first day of the month next following the recordation of this Declara on. eafter, the Board of Directors shall fix the date of commencement and amount of the nt against each Lot at least thirty (30) days in advance of the commencement period. T rQl Assessments shall be payable in advance in quarterly installments, or as otherwise de by the Board of Directors of the Association. ec 'on~Init' ud et. The Developer shah establish the initial budget, which shall be based on a fully d community, By a majority vote of the Board of Directors, the linard shall adopt an ann et fot the subsequent fiscal year which shall provide l'or allocation of expenses in such a er that the obligations imposed by this Declaration will be met. In the event the community i lly developed at the time the budget is adopted by the Board, the Board may neverthelesse budget on a fully developed community. In instances where the Developer or the Board a budget on a fully developed community when in fact the community is not so devel the budget (and therefore the Assessments) shall be reduced by the amount allocated for lete amenities or facilities. The Assessment shall be for the calendar year, but the amount f the General Assessment to be levied during any period shorter than a full calendar year shell proportion to the number of months remaining in such calendar yeaz. The amount of the eral Assessment may be changed at any time by the Board fmm that originally adopted or that ws adopted in the future. Assessment may be levied against one or more Lots for the following purposes: (a) charges for expens~ sociation which are not general expenses but which are attributable to a speci is and which are designated as a special charge. {b) reimbursement for damag O by an Owner, Owners, their family members, guests, im~itees or tenants. (c) capital improvements relating ton Area. (d) late charges, user fees, fines and pen (e) any other charge which is not a gene se. (f) any general expense, which exceeds ount budgeted, or any emergency expense which exceeds the amount of es or other Association funds. rt (Tt.0r4l62;R~ Book61161Page1461 CFN#2006022465 A Special Assessment required to maintain the Association Property in good condition or to protect the liability of the Association Members may be levied against all Lots by a majority vote of the Board of Directors. Additionally, Special Assessments against individual I.ot Owners for expenses incurred in direct relation to the maintenance or liability associated with that Lot may be levied by a majority vote of the Board of Directors. Other Special Assessments shall require approval by a majority vote of those members present and voting at a meeting of the membershi alied in accordance with the Bylaws of the Association. The Board of Directors shall fix th cunt and due date of any Special Assessment by resolution, which resolution shall f the Lot or Lots subject to such Assessment. S Trust Fu s. The portion of all General Assessrrtents collected by the Associatio yes for future expenses, and the entire amount of all Special Assessments collected for improvements shall be the property of the Association as a whole and shall be used excl for the purposes designated at the time of Assessments. Each owner acknowledges and co s that such funds are the exclusive property of the Association as a whole and no Ow I have any interest claim or right to any such funds. Section 7 Gt~nteed Assessments durin¢ Guarantee eriod. Developer covenants and agrees with the Associ d the Owners that for the period commencing with the date of recordation of this Decl and ending upon the sooner to occur of the follow7ng: (i) the date of turnover of the Assoct described in Article tit hereof ("Turnover Date"); or (ii) June 30, 2007, as such may ed in Developer's sole discretion, as described herein ("Guarantee Period"), Develo all be excused from payment of iu sbate of the operating expenses and Assessments re d to its Lots (other than Special Assessments) and, in turn, that the individual Lot Assessment W Owners other than Developer will not exceed the dollaz amount set forth in the int udget of the Association ("Guaranteed Assessment") and that Developer will pay the differen "elicit"), if any, between (a) the operating Expenses (other than those operating Expense are properly the subject of a Special Assessment) incurred by the Association during tee Period, and (b} the amounts assessed as Guaranteed Assessments against g the Guazantee Period, the "Working Capital Fund" set forth in ARTICLE V, Sectio f and any other income of the Association during the Guarantee Period. Thus, during tee Period Owners shall not be obligated to pay Assessments other than the Guazan sment and Special Assessments and the Owners' respective Working Capital Fund The Deficit, if any, to be paid by Developer pursuant to this Section 7 shall bed y looking at the Guarantee Period as a whole, without regazd to quarterly, annual or any counting or fiscal periods and w7tbout regard to inUa period allocations. in that regard, i vent it is determined at the end of the Guarantee Period that there is a Deficit and Develo vtously advanced funds to the Association in excess of the Deficit during the G riod, Developer shall be entitled to the immediate repayment from the Association of the am un 'funds advanced by Developer in excess of the Deficit. Developer hereby reserves the right end the Guarantee Period from time to time to a date ending no later than the Turnover Developer's sole election by providing written notice to the Association of such election 1 thirty (30) days prior to the expiration of the Guarantee Period (as same may have been ly extended). Developer also reserves the right to increase the amount of the Gu ssment during any such extended Guazantee Period. Special Assessments are not included`muazantee. ;TL074862:8t Book6116/Page1462 CFN#2006022465 ,section 8 Workin¢ Capital ~d_, Developer shall establish a Vdotking Capital Fund for the initial months of operation of the Association, which shall be collected by the Developer from each Lot purchaser at the time of conveyance of each Lot to such put+chaser in an amount equal to two (2) months of the annual assessment for each Lot without consideration for reductions due to incomplete facilities. Each Lot's share of the Working Capital Fund shall be collected and transferred to the Association at the time of closing of the sale of each Lot. Amounts p ' into the fund are not to be considered as advance payment of regular Assessments. Notwiths the foregoing, the Developer, for so long ac it controls the Board of Directors. shall 'ght to use the Working Capital Fund to pay for ordinary expenses of the Se es et oster and C 'fits A roster of the Owners, Lot numbers and Assessments ble thereto shall be kept in the office of the Association and shall be open to inspection by ner. If the Owner does not reside on the Lot, Owrter is required to provide its current mailing~® to the Association, together with the names of those residing on the Lot. The AssociatRfu'shall, within five (5) days of receipt of a written request, furnish to any Owner liable for an A ant a certificate in writing signed by an officer or agent of the Association, setting fo er such Assessment has been paid as to the Lot owned by the Owner making request th uch certificate shall be conclusive evidence of payment of any Assessment to the Associat f~ stated to have been paid. Persona bl' ion of ie a ies of the is ' 1f any Assessment is not paid within ten (10} days afte ue date, the Association shall have the right to charge the defaulting Owrter a late fee of ten pe {10%) of the amount of the Assessment, or Ten and No/ 100 Dollars ($10.00), whichever ' r or as otherwise adopted by the Board of Directors from time to time, plus interest at the est rate of interest allowable by law from the due date until paid. if there is no due d livable to any particular Assessment, then the Assessment shall be due ten (10) days afl n demand by the Association. If any Owner is in default in the payment of any Assessme the Association for more than thirty (30) days after written demand by the Associ a Association upon written notice to the defaulting Owner shall have the right to a require such defaulting Owner to pay Assessments to the Association for the next t v month period, based upon the then existing amount and frequency of Assessments. ant of such acceleration, the defauhing Owner shall continue to be liable for any increases i General Assessments, for all Special Assessments, and/or for all other Assessments pay ssociation. if the Assessments and any late fees and interest are not paid on the daft e, then such Assessments and any late fees and interest shall become delinquent and shell, oge er with such interest thereon and the cost of collection thereof as hereinafter provided, there n one a continuing lien on the property which shall bind such property in the hands of the his heirs, devisees, personal representatives, successors and assigns. Any indiv7dual wh a ices title to a Lot upon the death of an Owner or by operation of law shall be personally unpaid Assessments and late fees with respect to such Lot. In any voluntary conveyan tee shall be jointly and severally liable with the Grantor for all unpaid Assessments m ~ to the time of such ~n.o~ae~x;e~ I O Book6116lPage1463 CFN#2006022465 voluntary conveyance, without prejudice to the rights of the Grantee to recover from the Grantor .the amounts paid by the Grantee therefor. The Association may bring an action at !aw against the Owner personally obligated to pay the same or may record a clettrt of lien against the property on which the Assessment and late fees are unpaid, or may foreclose the lien against the property on which the Assessment and ]ate fee are paid, in like manner as a foreclosure of a mortgage on real property, or pursue one or mare o s h remedies at the same time or successively, and there shall be added to the amoun sessment and late fee, attamey's fees and costs of preparing and filing the claim o ten the complaint in such action, and in the event a judgment is obtained, such judgment 'nclude interest on the Assessment and late fee as above provided and a reasonable Q fee to be fixed by the court together with the costs of the action, and the Association nt'ttled to attorney's fees in Connection with any appeal of any such action. It shall ~'~ite l~g~ duty and responsibility of th,e Assceiation to enforce payment of the Assessments and I s hereunder. The provisio forth in this section shall not apply to the Developer for so Iong as the Developer owns any portio the Property. i n l 1. Sabo the Lien to Fi t es. The lien of Assessments, including interest, late ch bject to the limitations of Florida laws), and costs (including attorney's fees} provided for hall be subordinate to the lien of any first mortgage of an Institutional Lender upon any t and subordinate to any tax, lien, or assessment imposed by the City of Winter Springs (inclusiv I costs incurred by the City to collect said tax, lien, or assessment includin attorne s' ether recorded before or after this Declaration. In 8 Y addition, the lien of assessments, cl ing interest, late charges {subject to the limitation of Florida laws), and costs (including su a 'fees) provided for herein, shall be subordinate to a mortgage held by Developer upon th y, or any portion thereof, or any interest therein. The sale or transfer of any Lot or parcel shall not affect the Assessment lien. However, the sale or transfer of any Lat or parcel p to judicial or nan judiciaf foreclosure of a fast mortgage shall extinguish the lien of such s n,>;S as to payments which became due prior to such sale or transfer. No sale or transfer 't a such Lot or pare:el from lien rights for any Assessments thereafter becoming due. titutional Lender of a first mortgage of record or other purchaser of such a Lot obtains t , tt essors and assigns shall not be liable for the Assessments chargeable to such Lot whic due prior to the acquisition of title to such Lot by such acquirer, Such unpaid Assessm ~ al] be deemed to be an Assessment divided equally among, payable by and assessed aga ,including the Lot as to which the foreclosure (or conveyance in lieu of foreclosure) t .Likewise, where a mortgage is held by the Developer upon the Property, or a portio thereof, and the Developer or other purchaser obtains title, its successors and assigns shall not le for the Assessments by the Association chargeable to the Property, or a portion ther 'ch become due prior to the acquisition of title to the Property, or portion thereof, s acquirer. Such unpaid Assessments shall be deemed to be an Assessment divided among, payable by and assessed against all Lots, including the Lot as to which the fo or conveyance in lieu of foreclosure) took place. _ ~j _ STL074862;E} 1 1 Book6116IPage1464 CFN#2006022465 ARTICLE Vl. ARCHITECTURAL CONT _OL Section 1. Architectural Control. The Declaration sets forth provisions relating to azchitcetural control, standards, required approvals, and other matters that are binding upon all Owners. h Owner shall comply with all provisions of the Declaration, including those relating to itectural control. For purposes of this Declaration, the term "ACB" shall mean the archit trol board as created and existing under the Declaration. Q ARTICLE VII. EASEMENTS Section'fi.~ivle .Each Member of the Association and each tenant, agent and invitee of such er shall have a permanent and perpetual easement far ingress and egress far pedestn vehicuIaz trallic over and across the walkways, driveways and roads from time to time 1 on the Common Areas, for use in common with all such Members, their tenants, agents and in ' es. The portion of the Common Areas not used, from time to time, for walkways and/or d s or lakes shall be for the common use and enjoyment of the Members of the Associa each Member shall have a permanent and perpetual easement for pedestrian traffic acro al ch portions of such tracts and for the use of same in such manner as may be regulate Association. The foregoing easements aze subject to the following: (a) The right of the Association to levy assessments against each Lot far the purpose of maintai the Common Areas in compliance with the provisions of this Declaration and with any rjons on the plat of the Property. (b} The right of the lion to suspend the voting rights far any period during which any assessment ag ' Lot remains unpaid; and for a period not to exceed sixty (60) days for any in is lawfully adopted and published rules and regulations, O (c) The right of the Associat t and enforce rules and regulations governing the use of the Common Areas. O The right of an Owner to the use and enjoym ommon Areas shall extend to the residents and their guests, subject to regulations from ti t adopted by the Association in its lawfully adopted and published rules and regulations. //~~ Section 2. Easements Appurtenant. The easemen~p~lvided in Section I shall be appurtenant to and sha41 pass with the title to each Lot. ~-y ,section 3. Utility Easements. Public utilities may be ed underground in the Common Arcas when necessary for the service of the Prope 'tional lands for which Developer holds an option to purchase, but all use of utility easemen . .hall be in accordance with the applicable provisions of this lleclaretion. ~51.674A62;R } l 2 Book6116lPage1465 CFN#2006022465 Section 4. Public F..aaem_e~, Firefighters, police, health, sanitation and other public service personnel and vehicles shall have a permanent and perpetual easement for ingress and egress over and across the Common Areas. Section 5 Easements for Brtcroac}ttizen_t. There shall be reciprocal appurtenant eascntents of eneroachrnent as between each Lot and the Common Area adjacent thereto or as between a ' nt Lots due to the unintentional placement or settling or shifting of the improveme nstructed by the Developer (in accordance with the terms of this Declaration} to a dicta n are than one (1) foot, as measured from any point on the common boundary between ac and the adjacent portion of the Common Area or as between said adjacent Lots, as th a~be, along a line perpendicular to such boundary at such point. Sectio ~ ht to G o Relocate ent The Developer (during any period in which the Dev as any ownership interest in the Property) and the Association shall each have the right to gr Arch additional drainage, water and sewer, electric, telephone, gas, sprinkler, irrigatio television or other easements, and to relocate any existing easement in any portion of the ,including the lots, and to access easements and to relocate any existing access ease is ' any portion of the Property as the Developer or the Association shall deem necessary o ble, for the proper operation and maintenance of the Property, or any portion thereof, or general health or welfare of the Owners or for the purpose of carrying out any provision Declaration; provided that such easements or the relocation of existing easements will n or unreasonably interfere with the use of the Lots for dwelling purposes. There sha iprocal appurtenant easements of encroachment as between each Lot and the Common ea 'scent thereto or as between adjacent Lots due to the unintentional placement or settli tfting of the improvements installed by utility companies or governmental entities or the eloper, to a distance of not more than three (3) feet, as measured from any point on the com undary between each Lot and the adjacent portion of the Common Area or as between id djacent Lots, as the case may be, along a line perpendicular to such boundary at such ~_ Section 7 Association Easement.v urpose solely of performing its obligations under the provisions of this Declaration, t c{9tion, through its duly authorized agents, employees or independent contractors, shall h i ts, after reasonable notice to the Owner, to enter upon any Lot at reasonable ]tours of an a event of an emergency, such right of entry shall exist without notice on any day. Ea er hereby grants to the Association, its duty authorized agents, employees or independe clots such easements fot ingress and egress, across the Lots as may be reasonably ne to effect and perform the exterior maintenance aforementioned. Section 8 Easement for Access d Draina¢e. ~tte sociation shalt have a perpetual non-exclusive easement for access to nperate, maintain or~the system. By this easement, the Association shall have the right to enter upon any po y lot which is a part of the surface water or Stormwater Management System, at a re time and in a reasonable manner, to operate, maintain or repair the surface water or Sto r Management System as required by the District permit. Additionally, the As t hall have a perpetual non-exclusive easement for drainage over the entire surface wale rrttwater Management System. A'o person shall alter the drainage flow of the stu'facc w water Management {7L074B62;Rf 13 Book6116/Page1466 CFN#2006022465 System, including buffer areas or swales, without the prior written approval of the District. In addition, the Association shall also have the right to enter upon any portion of any Lot which is a part of the surface water or Stormwater Management System, at a reasonable time and in a reasonable manner, to operate, maintain or repair the surface water or Stormwater Management System as required by the City of Winter Springs, No person shall alter the drainage flow of the surface water or Stormwater Management System, including buffer areas or swales, without the prior writte~pproval of the City of Winter Springs. i l e Cross Easet a .The Developer reserves, excepts, imposes, grants and creates non usive, perpetual easement in favor of property owners in any subdivision to be develo d ing the Eastern boundary of the Property, their grantees, heirs and successors in interest, f c ,ingress and egress for pedestrian and vehicular traffic over, through and across the al y~pe Eastern boundary of the Property. ~J~ h O ARTICLE VIII. situated within the The provisions of this Article shall be applicable to all Lots Section 2. Land Us Lot shall be used except for residential purposes. Temporary uses for model homes, park construction trailer, construction storage areas and/or sales offices shall be permitted fort Developer, n 3. uildin Loc Buildings shall be located in conformance w7th the 'requirements of the City of Winte prin s and any specific zoning approvals thereunder, or as original]y constructed on a Lot by or its successor or assignee. Whenever a variance or special exception as to building or other item has been granted by the authority designated to do so by the municipality arianee or special exception is hereby adopted as an amendment to this Section and any ce or special exception as to building location or other item shall constitute an amendmen f action. O Section 4. Landscaping of Easements. ' 'on to the easements reserved herein, easements for drainage, installation and motor 'lities and for ingress and egress are shown on the recorded plat(s) of the Property. here easements no stnrcture, planting or other material may be placed or permitted to rema will interfere with vehicular traffic or prevent maintenance of utilities. Public utility servicing the Property and the Association, and their successors and assigns, shall ha ua! easement for the installation and maintenance of water lines, sprinkler lines, sari wets, storm drains, gas lines, electric and telephone lines, cables and conduits, including televisio es and conduits and such other installations as may be required or necessary to provide m~[rce and utility services to the Lots and/or the Common Areas under and through the utility q aEdj nts as shown on the plat(s). Any damage caused to pavement, driveways, drainage strut walks, other structures, or landscaping in the installation and maintenance of such udli ' promptly restored and repaued by the utility whose installation or maintenance cause t ge. All utilities within the subdivisions, whether in streets, rights-of--way or utility ea hall be installed and tnoiaesz;A ~ 14 Book6116IPage1467 CFN#2006022465 maintained underground, provided, however, that water and sewer treatment facilities and control panels for utilities may be installed and maintained above ground. Section 5. Nuisances. No noxious or illegal activity shall be carried on upon any Lot, nor shall anything be done thereon which may be or may become an annoyance or nuisance to the neighborhood or any other Lot Owner. In the event of any question as to what may be or become a 'sauce, such question shall be submitted in writing to the Board for a decision in writing, wh' decision shall be final. In addition, no wceds, underbrush or other unsightly grow[ permitted to grow or remain upon any Lot. No refuse pile or unsightly objects shall be !lo be placed or suffered to remain on any Lot; and in the event that an Owner shall fail to kcep his Lot free of weeds, underbrush or refuse piles or other unsightly growths or a ~-en the Association may enter upon said premises and remove the same at the expense weer, and-such entry shall not be deemed a trespass. All garbage or trash containers mu aced in areas so that they shall not be visible from adjoining Lots or from the street. Provt ed, v~ver, any portion of the Property not yet developed by Developer, shall be maintained in p wndition but shall not be expected to be maintained in a manicured condition. ~<T ~ Wit' Tem Structur s. No structure of a temporary character, or trailer, tent, mobile home or recre vehicle shall be permitted on any Lot either temporarily or permanently, except that veloper may park a trailer on the Property during periods of construction. Section 7. Siens. One gn of not mare than one square foot may be used to indicate the name of the resident andlor houseer. No sign of any kind shall be displayed to the public view on the Property, without th consent of the ACB; provided that the Developer, so long as it has not sold all of its Lots rn the operty, shall retain the right to disapprove any signs displayed to the public view. Notwi ing the foregoing, this Section shall not apply to the Developer for as long as it holds title rtion of the Property. refining, quarrying or mining operations o'~ nor shall oil wells, tanks, tunnels, mintral property. No derrick or other structure deli erected, maintained or permitted upon any p oil drilling, oil development operations, oil 1 shall be permitted upon or in the Property ~ns or shafts be permitted upon or in the '~i8~in boring for oil or natural gas shall be ~Iand subject to these restrictions. Section 9 Animals and Pets. No reptiles, livestock, or poultry of any kind racy be raised, bred, kept or permitted on any Lot, with ti n of dogs, cats, or other usual and common household pets not to exceed two (2) in num r less of the type. The keeping of a dog or other domestic pet is not a right of an r, but is a conditional license. This conditional license is subject to termination at any limo by and of Directors upon a finding that a dog or other pet is vicious, is annoying to other re, or has in any way become a nuisance. The owner of a pet assumes liability for all damayrsons or property caused by the pet or resulting from its presence at the Property. This license is subject to the following conditions: O (TL07~862;8) 1 S Book6116lPage1468 CFN#2006022465 (a} Pets shall be kept on a bash at all times when outside a building and apt enclosed within afenced-in area. (b) Pets are permitted to have excrements upon the Common Areas provided that the owner shall immediately remove such excrement from the Common Areas with a "Popper 5cooper" or other appropriate tool and deposit said w~astc in an approved trash rea acle. The owner of a pet shall be responsible, and by virtue of ownership, um sponsibility for any damage to persons or property caused by his pet(s). p Any pet whose owner violates the provisions and intent of these rules shall bed nuisance and subject to removal in accordance with the provisions of this shall be permitted. No obstruction to visibility at street intersections Section 11. Par`i'cing No commercial vehicles, campers, mobile homes, motorhomes, boats, house trailers, rs, or trailers of every other description shall be permitted to be parked or to be stored lace on any Lot, except only during the periods of approved construction on said Lot, a ept that they may be stored within garages. Ail automobiles, SWs, trucks, and all oth shall be parked in garages and along streets that are designated for parking. Par ~ tp alleys is strictly prohibited. Small pick-up trucks or vans of the type commonly used as pnv senger vehicles nmay be parked or stored in approved parking areas, so long as no corm' 11 egttipment or lettering or graphics is exposed to view. The term "commercial vehicle" s I include all automobiles, trucks and vehicular equipment, including station wagons, which bear or shall have printed an same some reference to any commercial undertaking or enterprise. ohibition of parking shall not apply to temporary parking of trucks and commercial vehi F~as for pick-up, delivery, and other commercial services. .-, No vehicle which is unlicensed or i~ ~ may be kept or stored on the Property, unless kept fully enclosed inside a garage. N k to any type of motor vehicle, boat or trailer shall be conducted on any Lot other t repairs, cleaning or waxing which is completed in less than 24 hours. O Section 12. Fences. No fence, wall or othe shall be erected in the front yard, back yard, or side yard except as approved by the ACB ~ Iled by the Developer. Section 13. Hedges. No hedge shall be erected in nt yard except as approved by the ACB or as installed by the Developer. Section ]4 Garbage d Trash Disposal. No garbag r ,trash or rubbish shall be kept or permitted upon any Lot or Common Area except in ontainers concealed from view from the street or another Lot, provided however, that t eels adopted from time to time by the City of Winter Springs for disposal or collections a complied with at al] times. All equipment for the storage or disposal of such maters kept in a clean and {rLO~~ae~;a~ 16 Book6116JPage1469 CFN#2006022465 sanitary condition. All garbage placed out for collection must be in sealed garbage bags, covered plastic garbage cans, or such other containers supplied or approved by the garbage collecting authority. Trash, recyclables, and/or vegetation shall not be placed curbside earlier than 6:00 P. M. the evening before collection. Emptied receptacles or uncollected refuse shall be promptly removed from curbside by Owner. Drying areas will not be permitted on any lot or anywhere on site. ion Gas Co No gas tank, gas container, or gas cylinder (except those ..placed by eveloper or approved by the ACS in connection with the installation of swimming ti7or permanent barbecues, and except those used for portable barbecues} shall be per be placed on or about the outside of any house or any ancillary building, and all such itetcept those placed by the Developer in connection with the installation of swittttning pool``ss d/o ~rmanent barbecues, and except those used for portable barbecues) shall be installed ound in every instance where gas is used. In the altctmative, gas containers may be above ground if enclosed on al] sides by a decorative safety wall approved by the AC S eti n 17. Co t ion Equipment. Except as may be installed by the Developer or as may be permitted by B, no antennas, aerials, or lines, wires or other devices for communication or transmi n etmront shat] be placed on any portion of the Property. In no event, however, shall lines for communication or the transmission of current be conswcted placed, or permitte o be placed within the Common Areas unless the same shall be installed by the Association for on use of all Members, and shall be protected cables, and any of said lines or wires w~itot located in buildings shall be constrtteted or placed and maintained undergmtmd. Any ne wire installations permitted by the ACB ptusuant to this Section shall be protected cable an~~ only be installed underground. Section 18 C't> v Requirement. lot or replat of the Property subject to this Declaration must conform with the app ' ire plan as approved by the City of Winter Springs. ~ Section 19. Drainage. Unless first apjl~ t .other than the Developer may obsdvct, alter or t of drainage utilized or installed by Developer or ss Common Area or easement area; nor shall any maintained which shall in any way obstruct such dr efficient operation, No elevation changes shall be adversely affect the drainage of or to neighboring L obswetion, alteration or modification of the method anc installed by the Developer or the Association shall also Springs. .e ACB and the District, no Owner modify the method and/or structures ~ciation from, on or across any Lnt, or material be erected, placed or e ces or facilities or impede their on any Lot which materially or the Common Area. Any such uses of drainage utilized or a roved by the City of Winter Section 20. Draining. The Owner of any Lot which creek, bay head, or other body of water shall not reduce the by draining therefrom. ~no~axex;s~ l~ adjacent to any pond, of said body of water Book6116/Page147O CFN#2006022465 Section 21. Leasing. No lease shall be entered into for less than a twelve (12) month period, and all leases must be in writing, Owners are required to provide to the Association the Owner's current mailing address, together with the names of those residing on the Lot. Each Owner shell be responsible for the acts and omissions, wfiether negligent or willful, of any person residing on his Lot, and for all guests, and invitees of the Owner or any such resident, and in the event the acts or omissions of any of the foregoing shall result in any damage to the Common , or any liability to the Association, the Owner shall be assessed for same as in the case of other Assessment, limited where applicable to the extent that the expense or liabili t t by the proceeds of insurance carried by the Association. Furthermore, any violatio of f the provisions of this Declaration, of the Articles, or the Bylaws, by any resident o ot, or any guest or invitee of an Owmer or any resident of a Lot, shall also be deemed a ~y the Owner, and shall subject the Owner to the same liability as if such violation was y¢~the Owner. With res~~ect t ~y tenant or any person present on any Lot or any portion of the property, other and the members of his immediate family permanently residing with him in the Lot, ' person shall materially violate any provision of this Declaration, the Articles, or be a sou f annoyance to the residents of the Property, or shall willfully damage or destroy any Cotnmo or personal property of the Association, then upon written notice by the Association, such shall be required to immediately leave the Property and if such person does not do so, the ' tion is authorized to commence an action to evict such tenant or compel the person to l petty and, where necessary, to enjoin such person from returning. The expense of any etion, including attorneys' fees, may be assessed against the applicable Owner, and the As ratio may collect such Assessment aad have a lien for same as elsewhere provided. The foregoir be in addition to any other remedy of the Association. Section 22. Waterways. Iv~oto ' boat, jet ski or other motorized vessels are not permitted in any waterway within the 1\~; " y. Section 23 Screen Enclosures. een enclostues may be constructed on any Lot except as approved by the ACB and after approvals and permits have been obtained from all governmental agencies, No st~e may be constructed in any designated building setback area on any Lot. Section 24. Allen Parking. Owners, and im~itees, may not park in or on right-of--ways designated as alleys on the Plato ated as alleys by the Association or Developer. Vehicles parked in alleys may be towed r Section 25 Air Conditioning~quinment. nd cooling of residences with systems of active or passive solar, wind and other forms energy other than gas or electric shall be subject to prior approval of the ACB. Components of ystems that are affixed to the exterior of a residence shall not be permitted unless the thereof shall have fust been approved by the ACB. Exterior components of any cooling or g system (or a combination thereof) shall be substantially screened from view from the sv g the residence. Section 2b. Garaee ors. All residences shall incl al garage doors. All garage doors shall remain closed at all times when not in use for 't from the garage. {rL074862;8t 1 g Book6116/Page1471 CFN#2006022465 Section 27 Window and Sliding Glass Door Treatments. All windows and doors if covered, shall have proper window coverings, consisting of typical window treatments, such as two-inch (2") white blinds or the like. Use of towels or shcets are not considered as proper window coverings and use of such shall be considered a violation of this section. 28 E eror Holi v Decors ions. Holiday decorating shall be permitted on any I.ot, but m removed within two (2) weeks fallowing the subject holiday. ec ' ecreati na E ui me .Subject to prior approval of the ACB as to specific location, ke~ll backboards, fixed or otherwise, and any other fixed gamc and play structures s orated at the rear of the residence, or in the case of comer Lots on the inside portion of th ithin tht setback lines. Treehouses or platforms or the like shall not be constructer on part of the Lot located in front of the rear line of the residence constructed thereon. Skateboard r~t~3 or equivalent structures shall not be permitted on any Lot. ~~ AR CTI LE 1X- lJ E L S The Association's Directors, or its duly authorized agent, shall have the authority to and shall obtain tall-risk insutartce, if reasonably available, for ap insurable improvements on the Comoro Are If blanket all-risk coverage is not reasonably available, than at a minimum an insurance providing fire and extended coverage shall be obtained. Insurance, other than title ins c, that shall be carried on the Common Area and the Association Property shall be governehe following provisions: Common Area and the Association Proms placed in a single agency of company, if R The Association has the authority to us hereinafter, as some of the requirements prohibitive. Insured, All insurance policies upon the be purchased by the Association and shall be The named insured shall be the Association. 'd~cretion in obtaining the coverage listed Z or become unobtainable, or may be cost Section Coverage. ~ ~ (a) Fidelity Bonds. Btanket fid who either handles or is responsible for funds Cancellation or substantial modification of the nds m members and F!1MA servicers Prior to change. (b) Flazard Insurance. Al! buildings an Common Area and the Association Property shall coverage perils, excluding foundation and excavatio replacement value and all personal property owned (Tta~aaez;el 19 must be maintained for anyone Association holds or administers. zest be noticed to the Association able improvements on the d for fire and extended their maximum insurable t iation shall be insured Book6116/Page1472 CFN#2006022465 for its full insurable value, all determined annually by the Board of Directors of the Association. (a) Comt~arry Ratin¢. The company or companies with whom the Association shall place its insurance coverage must meet the following requirements: a B general policyholder's rating or a financial performance index of 6 or better in the Best's Key Rating Guide, or arm or better rating from Demotech, Inc. (b) Deductib .The Association shall determine from time to time the amount permitted with respect to hazard insurance coverage. p (c) Endorsements. If available and/or applicable, an Inflation Guard instruction Code Endorsement, and a Machinery Coverage Endorsement are required. (c) ~ ce. If any part of the Association Property is in a Special Flood H a which is designated as A, AE, AH, AO, Al-30, A-99, V, VE OR V 1-30 on a nsurance Rate Map, the Association must maintain a master or blanket policy of flo ins ce. The amount of flood insurance should be at least equal to the lesser of 100% surable value of the facilities or the maximum covcrage available under the approp tional Flaod Insurance Administration program. Unless a higher deductible amount ' ed by state law, the maximum deductible amount for policies covering the Associ rty and Common Area is the lesser of $5,000 or ] % of the policy's face amount. (d) Liabili e. If the policy does not include "severability of interest" in its terms, a sp rfic endorsement must be obtained to preclude the insurer's denial of an Owner's claim e of negligent acts of the Association or of other Owners. (e) Public Liabi ' I The Association shall obtain public liability and property damage insurance ri l of the Common Area and the Association Property and insuring the Associatio Members as their interests appear in such amounts and providing such coverag d of Directors of the Association may determine from time to time. The liabr ~ ce shall include, but not be limited to, hired and non-owned automobile coverng (f) orkrne ' Co ensation ~ e. The Association shall obtain workmen's compensation insurance in orde o the requirements of law, as necessary. (g) Directors and O cers Liabilit The Association shall obtain directors and officers liability insurance providin coverage as the Board of Directors of the Association may determine from time (h) Other e. The Board of Direc r Association shall obtain such other insurance a4 they shall determined from time to hm be desirable. tr.o~aee2:ef 20 Book6116/Page1473 CFN#2006022465 (i) Subrogation Waiver. If available, the Association shall obtain policies which provide that the insurer waives its right to subrogation as to any claim against Members, the Association and their respective servants, agents and guests. Section 3. Premiums. Premiums upon insurance policies purchased by the Association shall be paid by the Association. The cost of insurance premiums and other incidental expenses incurred b the Association in administering and carrying out any of the pro~7sions of this Section sha assessed against and collected from Members as part of General Assessments. ~x i Assoc' io 's Power to m mise Cl ims. The Board of Directors of the Associa ' ereby irrevocably appointed agent for each Member and for each holder of e mortgage Olen, for the purpose of compromising and settling all claims arising under instrance w~urchased by the As~ciation, and to execute and deliver releases upon payment of c t o~ ARTICLE X. ~v 1° DEVELOPER'S R] ection 1. .Notwithstanding any provision herein to the contrary, until the Developer has complete and conveyed all of the Lots within the Property, neither the Owners, nor the Associa a r their use of the Common Areas shall interfere with the completion of the contempt vements and the salt of Lots and any other sales activity of the Developer, whether re1a to the Property or other developments of the Developer. The Developers (or its duly suthoriz~ts or assigns) may make such use of the unsold Lots and the Common Areas as may facil h completion and sale including, but not limited to, the maintenance of sales offices, con ct n trailers, storage areas, model homes, and/or parking lots for the showing of the grope the display of signs, billboazds, flags, placards and visual promotional materials. The r shall have the right to use unimproved Lots for temporary parking for prospective p and such other parties as Developer determines. Each Lot and the Common Area is here cted to an easement for the purposes set forth herein. ~ Section 2.~R platting. It may be nee a Developer to replat a portion of the Property. The Developer shall have the right p sold portions of the Property without requiring the }oinder or cot~seatt of any Owner or ee holding a mortgage on any Lot. O Section 3. and Con e ' n Pa ment D o ' . In the event a utility company or governmental authority requires a depos o ade by the Developer, and such deposit shall be refunded at some time in the future, t e Developer (and not the Association) shall be entitled to receipt of the refunded funds. ]n ad~~~^"°"ould constnictian payments made by the Developer be refunded by a utility company o ental authority at some time in the future, then the Developer (and not the Association) be entitled to receipt of the refunded funds or the Association shall reimburse the Devcl such payments prior to the time that Owners other than the Developer elect a majorit ~ embers of the Board of Directors of the Association. ~TL074Rf 2~,8 f ~' 1 Book6116lPage1474 CFN#2006022465 Section 4. Deveio~er's R~~ht to Common Areas. Developer shall have the right from time to time to enter upon the Common Areas during periods of construction upon adjacent Property and for the purpose of construction of any facilities on the Common Areas that Developer elects to build. Developer may grant easements to Lot Owners adjacent to Common Areas for overhangs, protrusions and encroachments of any portion of the improvements to a Lai which are constructed by Developer. The Developer shall have the right to dedicate the Common Ar or a portion thereof to any governmental authority or utility company, or to grant an Basemen er the Common Areas in favor of any governmental authority or utility company, witho ' t the joinder or consent of any other Owner or mortgagee holding a mortgage on any Lot. Sec i ant of Developer R.iehts. The Developer shall have the right to assign to any other or entity any or all of the Developer's rights reserved in this Declaration, in whole or in respect to all ar any portion of the Property. In the event of an assignment, the assignee sh of 'able for any action of a prior developer. Acquisition, development or construction lend 'ring title to the Property or any portion thereof by fotcclosure or deed in lieu of foreclos I have the right, but not the obligation, to assume the Developer's rights. Such acquisi ,development or construction lender shall have the right -to assign the Developer's rights to a su ant purchaser, regardless of whether or not the Developer's rights were assumed by the ten S ve e A Action. In the event the Developer no longer controls the Board of Direr t continues to own a portion of the Property, then the Developer shall Gave the right veto any action taken by the Hoard if the Developer determines that such action materially and p~i>~ji ely affects the Developers interest in the community. Action of the Board shell be sub the Developer within ten (] 0) days of adoption of such action. In the event a written veto is no livered by the Developer to the Board within ten (10) days of actual receipt of the action, theetion shall be deemed approved. The following provisions are for the mortgages on Lots in the Property. Section 1. Notices of Action. An Institutid mortgage, who provides written request to the Assc address of such holder, insurer, or guarantor and "Eligible Holder"), will be entitled to timely written r (a) say condemnation loss or any cos portion of the Property or which affects any Lot on insured, or guaranteed by such eligible holder, insurers, or guarantors of first insurer, or guarantor of a first request to state the name and bar), therefore becoming an (b) any delinquency in the payment of asse~i Owner of a Lot subject to the mortgage of such eligible (TL074862;B) 22 which affects a material e is a first mortgage held, charges owed by an psurer, or guarantor, Book6116/Page1475 CFN#2006022465 where such delinquency has continued for a period of sixty (60) days; provided, however, notwithstanding this provision, any holder of a first Mortgage, upon request, is entitled to written notice from the Association of any default in the performance by an Owncr of a Lot of any obligation under the Declaration or Bylaws of the Association which is not cured within sixty (60) days; (c) any lapse, cancellation, or material modification of any ittsttrance policy or bond maintained by the Association; or any proposed action which would require the consent of a specified c of eligible holders. O Sects o 'orit . No provision of this Declaration or the bylaws gives or shall be construed as y Ownet or other party priority over any rights of the first mortgagee of any Lot in the of di~bution to such Owner of insurance proceeds or condemnation awards for losses to ar a tf tht Common Area. Section 3. o Association. Upon request, each Owner shall be obligated to furnish to the Association then and address of the holder of any mortgage enettmbering such Owner's Lot. ec ' n 4. A li f ' le XI. Noilting contained in this Article shall be construed to reduce the ore that must othcnvise be obtained under the Declaration, Bylaws, or Florida law for an the acts set out in this Article. ~tio 5 Failure of Mo to Respond. Any Mortgagee who receives a written request from the Board to respond or consent to any action shall be deemed to have approved such action if the Association does ive a written response from the Mortgagee within thirty {30) days of the date of the 'on's request, provided the notice was delivered by certified or registered mail, with a "recur pt" requested. O ,~cction 1. Duratiott. The covenants and t bind the land, and shall inure to the benefit o Association, the City of Winter Springs to the exten any Lot subject to this Declaration, and their assigns, f this Declaration is recorded, after wMch time said cov successive periods of ten (10) years each unless an insi two-thirds of the Lots and an instrument signed by the mortgaged Lots have been recorded, agreeing to cha restrictions in whole or in part. of this Declaration shall run with and enforceable by the Developer, the crests appear herein, or the Owner of f thirty (30) years from the date shall be automatically extended for stgned by the then Owners of ~rtgagees of two-thirds of the ~~dr~3cmtnate said covenants and Section 2. Notice. Any notice required to be sent to a`~ this Dxlaration shall be deemed to have been properly sent when (postpaid), transmitted by way of telecopy, or sent by overni~ (17.014862;8 ~ 23 under the provisions of ly delivered or mailed . to the last known Book61161Page1476 CFN#2006022465 address of the person who appears as Member or Owner on the records of the Association at the time of such mailing. Section 3. Enforcement. Enforcement of these covenants and restrictions shall be by any proceeding at taw or in equity against any person or persons violating or attemptinc to violate any covenant or restriction either to restrain violation or to recover damages, and against the land to enforce an lien created by these covenants and failure by the Developer, the Association or any Owner nforce any covenant or restriction herein contained shall in no event be dcemed a waiver 'ght to do so thereafter. These covenants may also be cnforecd by the Archit 18oard. The District shall have the right to enforce, by a proceeding at law or in eq ' provisions contained in this Declaration which relate w the maintenance, operation of the surface water or Stormwater Management System. The City of Winter Sprin also have the right to enforce, by a proceeding at law or in equity, the provisions cont~ n this Declaration which relate to the maintenance, operation and repair of the surface wattYor S or t~water Management System and the provisions m whtch the tatty of Winter Springs' i appear herein. The Association is hereby empowered to adopt reasonable rules an tions for the imposition of fines to be levied against any Owner for failure to comply wi a terms of this Declaration or rules and regulations of the Association. Any rule or regulation sub' g any Owner to fines shall include provisions for notice, hearing, appeal and fines. Fines nstitute an assessment due to the Association and upon failure to pay such fine within the prescribed by the Association shall become a chazge and continuing lien upon the O t Section 4. Severability. nvalidation of any one of these covenants or restrictions by judgment or court order shall in > affect any other provisions which shall remain in full force and effect. Section S. Amendment. For as the Developer has the right to appoint the entire Board of Directors of the Association, veloper may unilaterally amend this Declaration. At such time as the Developer no longer s t to appoint the entire Board of Directors of the Association this Declaration may be amen by the affirmative vote or written consent, or any combination thereof, of Members r r ~ two-thirds of the total votes of the Association. Every amendment must have th n joinder and consent of the Developer for so long as the Developer owns any portion of a However, the percentage of votes necessary to amend a specific clause shall n than the prescribed percentage of affirmative votes required for action to be taken at clause. Any amendment must be recorded in the Public Records of Seminole Count da. No tunendmeM shall make any chances which would in any way affect any of then ' 'ages, powers or options herein provided in favor of, or reserved to, Developer, unless per joins in the execution of the amendment. Any amendments to this Declaration wlu alter any provision relating to the surface water or Stormwater Management System, beyond ce in its original condition, including the water management portions of the Commons ust have the prior approval of the District and the City of Winter Springs. Any amendme t~ is Declaration which alter the age restrictions with respect w persons under eighteen (! 8) age must have the prior approval of the Winter Springs Board of City Commissioners ~ eveloper for so long as the Developer owns any Lot(s) within the Property. tn.o~aacz;et 24 Book6116IPage1477 CFN#2006022465 Section 6. Litigatio . No judicial or administrative proceeding shall be commenced or prosecuted by the Association unless approved by a vote of seventy-fivc (7~%) percent of the Owners. This Section shall not apply, however, to (a) actions brought by the Association to enforce the provisions of this Declaration (including, w7thout limitation, the foreclosure of liens), (b) the imposition and collection of assessments, (c} proceedings involving challenges to ad valorem taxation, (d) actions brought by the Association to enforce contracts to which the Assoeiatio a patty, or (e) counterclaims brought by the Association in proceedings instituted against it. section shall aot be amended unless such amendment is made by the Developer or is y the percentage votes, and pursuant to the same procedures, necessary to institu r gs as provided above. Sec ~f'ectiv ate. This Declaration shall become effective upon its recordation in the Semi _¢p~nty Public Records. t' n~~(gJ'~1~ iioa f aw• Co is Notwithstanding any covenant, condition, easement or res established herein to the contrary, the Developer, Association, and all Owners shall co 'th all applicable laws, statutes, ordinances, regulations and codes affecting the Prope chiding all Lots and Cotnmon Areas, tool die Developer, Association, and Owners shall not ha a right to violate any applicable law, statute, ordinance, regulation or Code. In the event conflicts existing between this Declaration and any local, state, or federal law, the more re conflicting provision shall take precedence; provided, however, in the event the local, sta r federal law is preemptory in nature, the local, state, andlor federal law shall prevail and icable. EXECUTED the date fire written. Signed, sealed and delivered LEVITY AND SONS OF SEMINOLE in thg~esence of: COUNTY, LLC, a Florida limited liability ~ 1 n ~~ compaay 1 Name: °~ [Co] (TL07~862;E) 25 Book61161Page1478 CFN#2006022465 STATE OF FLORIDA SS COUNTY OF Ser.,;,~e le, ) "Che foregoing instrument was acknowledged before me, this ~+l day of ~«•~+. , 2005, by 1~±. Sr~u-.~~ ~ as l~P o'F~.~- of Levitt aad Sons of Seminole County, L a Florida limited liability company. He or she is personally known to me. N Public ~, ljiER~'~ P Name: "3`P.w~;e. ~a~.~-d' ~c ~F9s State of Florida ~;}•ys+-'~~ My Commission Expires: Tine, (~ ~a~ ~~ ~- l~ ~o ~~ ~n.mas~;e> 26 Book6116/Page1479 CFN#2006022465 EXHIBIT "A" Lots 1 d 16, Block "B" of D.R. MITCHELL'S SURVEY OF'I'HF. LEVY GRANT ON LAKE JESSU cording to the plat thereot' as recorded in Plat Rook 1, Page 5 of the Public Records of S e unty. Florida. described as: BEGIN ~~r "thwest corner of Lot l5, Block "B", D.R. MTCCHELI: S SURVEY OF THE LEVY G N LAKE JESSUP, according to the plat thereof as recorded in Plat Book 1, Page 5, Public Records ~minole County, Florida; thence run North 18°39'16" East along the West line of said ~~~distance of 746.31 feet to the Northwest comer of said Lot 15 and South right of way lin '~!' ge Avenue; thence run South 71°56'39" East along said North line of said Lots 15 and l6 the outh right of way line of Orange Avenue (a 50.00 right of way according to said plat of U.R. ELL'S SURVEY OF THE LEVY GRANT ON LAKE JESSUP), for a distance of 597.02 fe ce run South 69°21'54" East continuing along the North line of said Lots I S and l6 and sat right of way line, for a distance of 323.84 feet; thence run South 63°18'14" East along th a of said Lots 15 and 16 and said South right of way line, for a distance of 80.59 feet tot ortheast corner of said Lot 16; thence run South 18°35'40" West along the East line of said Lot 1 ~ r a distance of 728.68 feet to the Southeast coma of said Lot 16 and North right of way lin unnamed platted right of way; thence nut North 71°25'29" West along the South line of s Lots 16 and l5 and the North right of way line of an unnamed platted right of way, for a distance~U1.20 feet to the POINT OF BEGINNING. Contains 17.159 acres more or less. O O rCJ Book6116lPage148O CFN#2006022465 O o BYLAWS (( J) OF ~.:.~JESUP'S LANDING TOWNHO WNI;RS' ASSOCIATION. L~VC. ~~ ~~ jTLO',<86~;1 ~ Book6116lPage1481 CFN#2006022465 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS ...................................................•--..................................................... I ARTICLE II LOCATION ............................................................................................................... 1 ARTICI.E,N~1'1SCAL YEAR ........................................................................................................ 1 ARTICLE~B$~T(D OF DIRECTORS ....................................................................................... 1 ARTICLE VIERS ............................................................................................................... 6 O ARTICLE VII GS OF MF.MBERS ................................................................................. 7 ARTICLE VIII CO [TTEES ..................................................................................................... 8 ARTICLE IX BOOKS~APERS ........................................................................................... 9 ARTICLE X AMENDMEl~~ .................................................................................................. 9 c~ l~ ~0 ~~ (TL07a86a;~ Book6116IPage1482 CFN#2006022465 BYLAws OF JESUP'S LANDING TOWNHOMES OWNERS' ASSOCIATION. INC. ARTICLE I i y hI- ~ ed terms used in these Bylaws shall have the meaning assigned to them in the Declarati slhictions and Protective Covenants for Jesup's Landing Townhomes, recorded among the ecords of Seminole County, Florida, as they may be modified from time to time. ~l () O ARTICLE II LOCATION Section 1. cipal office of the Association shall be 4037 Avalon Park East Boulevard, Orlando, Flo 2B. ARTICLE III MEMBERSHIP Sxtion 1. Membershi ~ the Association is as set forth in the Declaration. action 2• The rights of n~~i ship are subject to the payment of annual and special assessments levied by the Association, ligation of which assessment is imposed against each Owner of, and becomes a lien u Properties against which such assessments are made as provided in the Declaration to wh parties are subject. O Section 1. The fiscal year of the Associa`~la~ll be the calendar year. ARTICLE v~~/ BOA OF DIRECTOl~1 Section 1. Subsequent to the appointment of dire ~r y the Class B Member, as provided in the Articles of Incorporation, the directors of the ion shall be elected at the annual meeting of the members. The election procedure is s ARTICLE VII of these Bylaws. ~j {TIAla661;11 Book61161Page1483 CFN#2006022465 Section 2. Any director may be removed from office at any time with or without cause by the affirmative majority vote of the Association membership, except that the directors elected by the Class B Member including those named in the Articles of Incorporation may be removed only by the Class B Member. t' n 3. The first meeting of the duly elected Board of Directors, for the purpose of organi7ati ,shall be held immediately after the annual meeting of Association members; provided ajority of the members of the elected Board are present. Any action taken at such meet by a majority of the Board. If the majority of the members of the Board elected shall t be nt at that time, or if the directors shall fail to elect officers, the meeting of the Boazd t fficers shall then be held within thirty days after the annual meeting of members upon thr lice in writing to each member of the Boatd elected, stating the time, place and object gl~rteeting. lion li~ogular meetings of the Board of Directors may be held at any place or places within S e County, Florida, on such days and at such hours es the Board of Directors may, b 'on, appoint. tin No of meetings shall be posted in a conspicuous place on the Association property 4$ hours in advance, except in an emergency. Notice of any meeting in which arse against Lots are to be established shall specifically contain a statement that assessment c considered and a statement of the nature of such assessments. action 6. Specia eetings of the Board of Directors may be called at any time by the President of by a majority Board and may be held at any place or places within Seminole County, Florida, and me. Section 7. Notice of eat 1 meeting of the Board of Directors, stating the time, place and purpose or purposes thereo a given by or on behalf of the President or by or on behalf of the Secretary or by or on a majority of the members of the Board to each member of the Board not less than rev for to the scheduled date of the special meeting by mail or one day by telephone, tale a ~ernight courier, hand delivery or telecopy. Emergency meetings of the Board may al ~ at any place and time without notice by unanimous waiver of notice by all the dir tires of all meetings of the Board of Directors will comply with Chapter 720, Flori Section 8. No Director shall receive mpensation from the Association for acting as such unless approved by Members repr majority of the total vote of the Association ai a regular or special meeting of the A n; provided any Dircetor may be reimbursed far expenses incurred on behalf of the Asao 'lion upon approval of a majority of the other Directors. Sectio Subject to the provisions of Section 1 's Article, all meetings of the Board shell be open to all Members, except meeting's betty oard and its attorney with respect to proposed or pending litigation, but no Member o 'rectors may participate in any deliberation unless permission to speak is requester! on s ~iehalf by a Director. In ;T1A'.4864:1 J Book61161Page1484 CFN#2006022465 such case, the President may limit the time that any Member may speak in accordance with Chapter 720, Florida Statutes. ection ]0. Any action to betaken at a meeting of the Directors or any action that may be taken at a meeting of the Directors may be taken without a meeting if a consent in writing, setting forth the action so taken, shall be signed by all of the Directors, and such consent shall have the same force and effect as a unanimous vote. The Board of Directors shall he responsible for the affairs of the ll have all of the powers and duties necessary for the administration of the and, as provided by law. Q Th of Directors shall delegate to one of its members the authority to act on behalf of the Boar tors on all matters relating to the duties of the Managing Agent or Manager, if any, which t eri. O etween meetings of the Board of Directors. In additioii~ duties imposed by Chapter 720, Florida Statutes, together with these Bylaws, the Board tors shall have the power to and be responsible for the following, in way of explanation, t no 'mitation: a. p 'on and adoption of an annual budget in which there shall be established the contributi e h Owner to the Common Expenses; b. makingments to defray the Common Expenses, establishing the means and methods of collecting su assessments, and establishing the period of the installment payments of the annual assessor ich may be payable in annual, semi-annual, or quarterly installments, as determined by the azd of Directors; c. providing for t t~o~ration, care, upkeep, and maintenance of all of the Common Areas; ~~ d. designating, hiring, 'missing the personnel necessary for the maintenance, operation, r~air, and replac t~ the Association, its property, and the Common Areas where appropriate, providing penration of such personnel and for the purchase of equipment, supplies, and material w~ by such personnel in the performance of their duties; e. collecting the assessments, Q ing the proceeds thereof in a bank depository which it shell approve, and using the pro dminister the Association; the reserve fund may be deposited, in the directors' best ss judgment, in depositories other than banks; making and amending rules and g. opening of bank accounts on bel signatories required; {TLA74864;1 I and designating the Book6116/Page1485 CFN#2006022465 h. making or contracting for the making of repairs, additions, and improvements to or alterations of the Common Area in accordance with the other provisions of the Declaration and these Bylaws after damage or destruction by fire or other casualty; i. enforcing by legal means the provisions of the Declaration, these Bylaws, and the rules and regulations adopted by it and bringing any proceedings which may be instituted on behalf of or against the Owners concerning the Asec-ciation after receiving the proper authorizatfn~, if any, required by the Declaration; obtaining and carrying insurance against casualties and liabilities, as ation, and pa)nng the premium cost thereof; 4 \~~ paying the cost of all sen~ices rendered to the Association or its Members and not char ~ Owners; I. §intaining the official records of the Association in accordance with n. permitting uti ' lie reasonably necessary to the ongoing dev nt Florida Statute § as may be amended from time to time. The said official records of the Association shall ilable for examination by the Owners and mortgage, their duly authorized agents, accoun ts, or attorneys, dwing general business hours on working days at the time and in a m shall be set and announced by the Board of Directors which shall be within ten (10) basin after receipt of a written request for examination. Al] financial and accounting records of iation shall be kept according to good accounting practices; m. making~eble for review to any prospective purchaser of a Lot, any Owner of a Lot, any first Mortga d the holders, inswers, and guarantors of a first Mortgage on any Unit, current copies of [)!laration, the Articles of Incorporation, the Bylaws, talcs governing the Lot and ell other bo ,records, and financial statements of the Association; o. taking any actions Master Declaration; and p. exercising for and on authority vested in or delegated to the Assn Declaration of Restrictions and Protective Incorporation of the Association. rs to use portions of the Common Area or operation of the Properties; required to be taken under the terms of the O Association all powers, duties and those reserved to members in the the Property or in the Articles of Section l2• 11te Board of Directors may cnfor management agent or agents, at a compensation estab is perform such duties and sen~ices es the Board of Dirac t Directors may delegate to the managing agent or manager, su of the powers granted to the Board of Directors by these Byla in subparagraphs Section I l .a, b, f, g, and i of Section 11 of this affiliate of Developer, may be employed as managing agcn~ contract may have a term in excess of one (I) year and must peg without cause and without termination fee on ninety (90) days, or !~n.6~aecsa I the Association a professional y the Board of Directors, to all authorize. The Board of the Board's supervision, all than the powers set forth . The Developer, or an er. No management it ation by either party I .. , notice. Book6116/Page1486 CFN#2006022465 Secti 3. The following management standards of performance will be followed unless the Board by resolution specifically determines otherwise: a. accrual accounting, as defined by generally accepted accounting principles, shall be employed; b. disbursements by check shall require two (2) signatures; cash accounts of the Assoc' n shall not be commingled with any other accounts; no remuneration shall be accepted by a managing agent from vendors, indepen tractors, or others Providing goods or sen~ices to the Association, whether in the form of igr~s, finder's fees, service fees, prizes, gifts, or otherwise; any thing of value received sh efit the Association; ~,J' '" an financial or other interest which a managing agent may have in any firm providing goo~~erviees to the Association shall be disclosed promptly to the Board of Directors; and e. an a ual report consisting of at least the following shall be distributed within one hundred tw 0) days after the close of the fiscal year; (1) a balance shcet as of the end of the fiscal y an operating (income) statement for the fiscal year; and (3) a statement of changes in fi ct position for the fiscal yeaz. However, if the holder, insurer, or guarantor of eny ftrst mortg s secured by a Unit submits a written request for an audited statement, the Association mu rovide one. Secti The Boarectors shad have tht power to borrow money for the purpose of repair or restoration n e Common Areas without the approval of the Members of the Association; provided, however, d shall obtain Member approval in the same manner provided in the Declaration for sped ments in the event that the proposed borrowing is for the purpose of modifying, improvi adding amenities, and the total amount of such borrowing exceeds or would exceed fiv etcent of the budgeted gross expenses of the Association for that fiscal year. O Section 25. The Board shall have impose reasonable fines, which shall constitute a lien upon the property of the viola ,and to suspend an Owner's right to vote or to use the Common Area for violation of imposed under the Declaration, these Bylaws, or any rules end regulations duly adopted ;provided, however, nothing herein shall authorize the Association or the Board of Direc 'ingress and egress to or from a Lot. In the event that any occupant of a Lot violat laration, Bylaws, or a rule or regulation and a fine is imposed, the fine shall first be ssed against the occupant; provided, however, if the fine is not paid by the occupant within the [1 rind set by the Board, the fine shall constitute a lien upon the Lnt in which the occupant r and the Owner shall pay the fine upon notice from the Association. The failure of the Roa o force any provision of the Declaration, Bylaws, or any rule or regulation shall not be de azver of the right of the Board to do so thereafter. a. Notice. Prior to imposition of any sanetio h er, the Board or its delegate shat! serve the alleged violator with written noticed tog (i} the nature of the ~TLA718d1;1 ~ Book6116/Page1487 CFN#2006022465 alleged violation, (ii) the proposed sanction to be imposed, (iii) a period of not Less than fourteen (14) days within which the alleged violator may present a written request to the committee designated by the Board, if any, or Board of Directors for a hearing; and (iv) a statement that the proposed sanction shall be imposed as contained in the notice unless a challenge is begun within fourteen (14) days of the notice. If a timely challenge is not made, the sanction stated in the notice shall be imposed. b. klearin¢. 1f a hearing is requested in a timely manner, the hearing shall be held ' e session before the body specified in the notice which shall afford the Owner a reason e o pity to be heard. Prior to the effectiveness of any sanction hereunder, proof of proper hall be placed in the minutes of the meeting. Such proof shall be deemed adequate Qf the notice, together with a statement of the date and manner of delivery, is entered by cer, Director, or agent who delivered such notice. The notice requirement shall be dce 'sfied if the alleged violator or his designated representative appears at the mceting. The mu s ®f the meeting shall contain a written statement of the results of the hearing and the~t n, rf any, imposed. The hearing shall be conducted in accordance with Section 720.305, f~ fatale. c. A ]:f the hearing is held before a body other than the Board, then the violator shall have the o appeal the decision to the Board of Directors. To perfect this right, a written notice o ust be received by the manager, President, or Secretary of the Association within thirty ( after the hearing date. d. Additiddal Enforcement ltiehts. Notwithstanding anything to the contrary herein contained, dte Associationg through the Board of Directors, may elect to enforce any provision of the Declaration, Bylaws, or the rules and regulations of the Association by self-help (specifically including, bu no mttcd to, the towing of vehicles that are in violation of parking rules and regulations) or by law or in equity to enjoin any violation or to recover monetary damages or both without sty for compliance with the procedure set forth above. Tn any such action, to the m extent permissible, the Owner or occupant responsible for the violation for which ent is sought shall pay all costs, including reasonable ettomcy's fees actually incurred. ~ ection 1. The officers of the .Asso Directors at the first meeting of the Board of Members, as herein set forth in Article VII. Section 2. Any officer may be removed at an} majority of the Board of Directors at any duly called regular Section 3• The President shall be the chief execs President shall preside at all meetings of the members of i Directors. He shall have the general powers and duties of (TL071864;~ 1 xl artually by the Board of each annual meeting of the the affirmative vote of a meeting of the Board. of the Association. The l~n and of the Board of prod management of the Book6116/Page1488 CFN#2006022465 Association which usnally pertain to his office, and shall perform all such duties as are properly required of him by the Board of Directors. The Board of Directors shall elect one Vice President, who shall have such powers and perform such duties as usually pertain to such office or as aze properly required of him by the Board of Directors. In the absence or disability of the President, the Vice President shall perform the duties and exercise the powers of the President. The Secretary shall issue notices of all meetings of the membership of the Association and the Board of rxtors where notice of such meetings is required by law or in these Bylaws. He shall keep minutes of the meetings of the membership and of the Board of Directors. ec ' The Treasurer shell have the care and custody of ali the monies and securiti Association. He shall enter on the books of the Association, to be kept by him for that p 1W1 and accurate accounts of all monies received by him and paid by him on account of ociation. He shall sign such instruments as require his signature and shall perform al} s ies as usually pertain to his office or as are properly required of him by the Board of Dire s. p Section 5•~ cies in any office arising from any cause may be filled by the Board of Directors i'or the Aired portion of the term. action 6. car may resign at any time by giving written notice to the Board of Directors, the Preside c Secretary. Such resignation shall take effect on the date of the receipt of such notice or later rime specified therein, and unless otherwise specified therein, the acceptance of su 'nation shall not be necessary to make it effective. .-~~ ARTICLE VII Section L Subsequent to "' a as the Class A Members are entitled to elect a director, a meeting of members shall he nually during the month in which the Declaration was recorded at such time and place as tennined by the Board of Directors. Section 2. For election of memb o board of directors, members shall vote in person at a meeting of the members or by a ba homeowner personally casts. Section 3. Members may not vote b al proxy, but rosy vote by limited proxy. Limited proxies and general proxies may be used lish a quorum. Limited proxies rosy also be used for votes taken to amend the articles tion or bylaws or for any matter that requires or permits a vote of the members. A pro of be used for the election of the members of the board of directors as provided in Sectio ereof. Any proxy shall be effective only for the specific m ti for which originally given and any lawfully adjourned meetings thereof. A proxy is not vat period longer than 90 days after the date of the first meeting for which it was given. A p ocable at any time at the pleasure of the member who executes it. O Section 4. Special meetings of the members may be 11 r any purpose at any time by the President or a majority of the members of the Boazd o trt nrasr,~; ~ F Book6116lPage1489 CFN#2006022465 Section 5. Notice may be given w the member either personally, or by sending a copy of the notice through the mail, (postage thereon fully paid), by overnight courier or by telecopy transmittal, to his address appearing on the records of the Association. Each member shall register his address with the Secretary, and notices of meetings shall be mailed to him at such address. Notice of any meeting, regular or special, shall be mailed, personally delivered, overnight couriered or telecopied nt least seven (7) days in advance of the meeting end shall set forth the g eral nature of the business to be transacted, provided, however, that if any business of any m t shall involve any action governed by the Articles of Incorporation, notice of such mee ' e given or sent as therein provided. The presence at the meeting of members entitled to cast thirty-three and one-third ((p3 113%) of the Class A membership votes shall constitute a quorum for any action gov these Bylaws. e io If~ty meetings of the Association cannot be held because a quorum is not present, a majarit a Members who are present at such meeting, may adjourn the meeting w a time not less th S} nor more than thirty {30) days from the time the original meeting was called. At the nvened meeting at which a quorum is present, any business which might have been transacted at eating originally called may be transacted. If a time and place for reconvening the meeti t fixed by those in attendance at the original meeting or if for any reason a new date is fix onvening the meeting after adjournment, notice of the time and place for reconvening th shall be given to Members in the manner prescribed for regular meetings. The Members present at called or held meeting at which a quorum is present may continue to do business until add ant, notwithstanding the withdrawal of enough Members to leave less than a quorum, provide at Members representing at least twenty-five (25%) percent of the total votes of the Asso ti remain present, and provided further that any action taken shall be approved by at least a f the Members required to constitute a quorum. Sec ion g• The President shag" Secretary shall keep the minutes of the adopted at the meeting, as well as a record c Order shall govern the conduct of meetings. over alt meetings of the Association, and the ~ar~ record in a minute book all resolutions ~tsacttons occurring thereat. Roberts Rules of cction 9. Any action required by la ~ taken at a meeting of the Members, or any action which may be taken at a meeting of the •, may betaken without a meeting if a consent in writing setting forth the action so taken sh d by all of the Members entitled to vote with respect to the subject matter thereof, ands ant shall have the same force and effect as a unanimous vote of the Members. ARTICLE VIII CONIltiIITTEES Section 1. The Architectural Control I~oard shall a ing committee of the Association. The Board of Directors may appoint such other corn 'tt it deems advisable. (T1A1A861; I t S Book61161Page1490 CFN#2006022465 Section 2. The Architectural Control Board shall be appointed, shall serve and shall have the duties and functions as described in the Declaration. A party aggrieved by a decision of the Architectural Control Boetd shall have the right to make a written request to the Board of Directors, within thirty (30) days of such decision, so that the Board of Directors may review such decision. The determination of the Board of Directors, upon reviewing such decision of the Architectural Control Board, shall in all events be diapositive. ARTICLE IX BOOKS AND PAPERS busing and papers of the Association shall at all times, during reasonable o the inspection of any member of the Association. ~ ARTICLE X Section 1. -Th Bylaws may be amended, at a regular or special meeting of the members, by a vote o rity of members present in person or by proxy, provided that the notice to the members eeting disclosed the information that the amendment of the Bylaws was to be consi rovided, however, the provisions which are governed by the Articles of Incorporation o elation may not be amended except ac provided in the Articles of Incorporation or a icable law; and provided further that any matters stated herein to be or which are in fact governe a Declaration of Restrictions and Protective Covenants referred to herein may not be attexcept as provided in such covenants. Notwithstanding anything herein to the contrary, the`~Ias B Member as described in the Articles of Incorporation of the Association shall be permitted end these Bylaws at any time and no amendment of these Bylaws maybe made without th t of the Class B Member. Section 2. In case of any cod Bylaws, the Articles shall control; and in these Bylaws, the said Declaration shall ce 1 hereby certify that the foregoing Bylavl Association, Inc. were duly adopted by the Board held for such purpose on this ~r^day of ~-~ 's Landing Towmhomes Owners' ~of said association in a meeting ,2005. chmitt, P. etary Q ITL474861:1) t the Articles of Incorporation and these any conflict between the Declaration and Book61161Page1491 CFN#2006022465 r~ ARTICLES OF INCORPORATION FOR JESCIP'S LANbiNG TOWNHU'KES OWNERS' ASSOCIATION, INC. (a corporation not-for-profit) The undersigned, acting es Incorporatot(s) of a corporation pursuant to Chapter 617, Florida Statutes, adopt(s) the following Articles of Incorporation: ARTICLE I. -NAME Inc. (the of the corporation shall be Jesup's Landing Townhomes Owners' Association, The initial"~sst' 1 place of business and mailing address of the corporation shall be 4037 Avalon Park E Ao~evard, Orlando, Florida 32828. ARTICLE IIQ. -PURPOSE(S) The corporation is as a corporation not-for-profit under Chapter 617 of the laws of the State of Florida specific purposes for which the corporation is organized are: 1. To promote the ha~ af'ety and social welfaze of the Owners of Property within that residential area referred to a esup's Landing Townhomes, a residential subdivision, and described in the Declaration of Rc ~ ns and Protective Covenants for Jesup's Landing Townhomes (the "Declaration") by d Sons of Setniuole County, LLC, a Florida limited liability company, to be recordedtn the Records of Seminole County, Flotida. 2. To own and maintain, tee landscaping and other improvements in ant maintain and repair has been delegated and 3. To control the specifications, t location of, and landscaping around, all btnldin walls, fences, swimming pools, antennae, sewers, constructed, placed or permitted to remain in improvement, addition or change thereto. design, appearance, elevation and provements of any type, including lisposal systems or ocher structures as well as the alteration, 4. To operate without profit for the benefit of 5. To operate, maintain and manage the surface I system(s) in a manner consistent with the St. John's River "District") permit requirements and applicable District Rules, of the provisions of the Declaration that relate to the surface system. (TL074B63;2) replace the general andlor Common Area, fdlrtg the property for which the obligation to a or stotmwater management 'Management District (the sist in the enforcement wat orrnwater managemrnt Book61161Page1492 CFN#2006022465 6. To perform those functions reserved by the Association in the Declaration. ARTICLE IV. -GENERAL POWERS The general powers that the Association shall have are as follows: 1. To hold funds solely and exclusively for the benefit of the members for the purposes rth in these Articles of incorporation. promulgate and enforce nrles, regulations, bylaws, covenants, restrictions and agrcem actuate the purposes for which the Association is organized. Q 3. elegate power or powers if and to the extent deemed to be in the interest of the Associate n 4. To ~sessments to be levied against Lots within the Property and the costs of effectuating the o nd purposes of the Association and to create reasonable reserves for such expenditures, o authorize its Board of Directors, in its discretion, to enter into agreements with mortga companies and other organizations for the collection of such assessments. S. To pay taxe~ther charges, tf any, on or against the Common Area. 6. To levy and ct adequate assessments against members of the Association for the cost of maintenance and opera ' f the surface water or atormwater management system. a 7. To have all powe nferred upon a corporation by the laws of the State of Florida, except as prohibited herein. ommon Area cannot be mortgaged or conveyed by the Association without the affirmati~ fat least two-thirds of the Class A Membership, or a governmental entity. (~D Directors steal] be elected or appointed the Association. L. Every Owner of a Lot that is subject to Association. Membership shall be appurtenant to and n any Lat which is subject to Assessment. 2. The Association shall have two classes of with the provisions of the Bylaws of a. Class A. Class A Members shall be all Developer, and shall be entitled to one vote for each Lot ow {TL074AA3;2 } tt shall be a Member of the separated from ownership of the exception of the ore than one person Book6116/Page1493 CFN#2006022465 holds an interest in any Lot, all such persons shall be Members. Ilse vote for such Lot shall be exercised as they determine, but in no event shall more than one vote be cast with respect to any Lot. b. Class B. The Class B Member{s) shall be the Developer. The Class B Membcr shall be entitled to the same number of votes held by all other Members of the Association lus one; arovided. however. that notwithstanding any provision to the contrary, the Developers i have the right to appoint the entire Board of Directors of the Association until 40 days of the Lots have been conveyed to Owners other than the Developer, or at an earlier ate a sole discretion of the Developer. The Developer is entitled to elect one member oard of Directors as long as the Developer holds for sale in the ordinary course of busine a ~"/o of the parcels in the community. The shall cal] a meeting, as provided in the Bylaws for Special Meetings, to provide for the mo er~yf control of the Board of Directors to the Owners at this time. The Developer shall h right to appoint one member to the Board of Directors for so long as the Developer owns n of the Property. ARTICLE VII. - Da2ECTORS The Board of Dt of the Corporation shall be comprised of at least three (3) directors. The initial mem Board of Directors and their street addresses are: Dave Schmitt, P.E. ~ 4037 Avalon Pazk East Boulevard 0 Orlando, Florida 32828 Robert Hutson ~ 4037 Avalon Park East Boulevard Orlando, Florida 32828 Ron Utterback 7 Avalon Pack East Boulcvard ando. Florida 32828 O As tong as Developer shall have the t oint the Board of Directors, Directors ;n.a~ase~;zl 3 need not be Members of the Association end n n residents of the State of Florida. All Directors appointed by Developer shall serve at of Developer, and may be removed from office, and a successor Director may be appo' a any time by Developer. At the fast annual election to the Boazd of Directors at which re elected by the Members, the term of office of the elected Director receiving the hig ity of votes shall be established at two (2) years, with the other altered Directors to s for a term of one (1) year. Elections shall be by plurality votes. All Directors shall hold office a election of new directors at the next annual mating or resignation of said Director. E a thereafter, as many Directors shall be elected and appointed, as the case may be, as th regular terms of office of Directors expiring at such time, and the term of the Dire ctor led or appointed at each annual election shall be for two (2) years expiring at the s election following their election, and thereafler until their successors ere duly ele cted an 'fled, or until removed from office with or without cause by the affirmative vote of a the Members which Book6116lPage1494 CFN#2406022465 elected or appointed theta. Any Director appointed by the Class B Member shall serve at the pleasure of the Class B Member and may not be removed except by action of the Class B Member, and may be removed from office, end a successor director may be appointed, at any dme by the Class B Member. ARTICLE VID. -OFFICERS cers of the Association shall be a President, a Vice President, a Secretary and a Treas , an ch other officers as the Board may from time to time, by resolution, create. Any two a offices may be held by the same person except the offices of President and Secretary. all be elected for one (1) year terms in accordaaec with the procedures set forth in the .The names of the Officers who arc to manage the affairs of the Association anti! the first eeting of the Board of Directors and until their successors are duly elected and qualified a ~ Presiden er Robert Hutson Vice Preside ec~tary Dave Schmitt, P.E. ~'N'/_ ARTICLE IX. ~~ The street address of 1~rporation's initial registered office is 4037 Avalon Perk East Boulevard, Orlando, Florida 328 d the name of the initial Registered Agent at such address is Robert Hutson. The name and street address c Robert Hutson, 4037 Avalon Park Eest The Association shall have perpetual 2orator for these Articles of Incorporation is: Orlando, Florida 32828. ARTICZrEE XII ~~A_W_~ The Board of Directors shall adopt Bylaws co with these Articles, @RTICLE XIII. A 'D NTS TO LES F N YLAW For so long as Developer has the right to appoint t e and of Directors of the Association, Developer may unilaterally amend these Articl time as Developer no longer has the right to appoint the entire Board of Directors of a ciation, amendment of these Articles requires the approval of at least two-thirds o bership votes. No {TLO?4661:2! Book6116/Page1495 CFN#2006022465 amendment affecting Developer or the successor or assign of Developer of the Property shall be effective without the prior written consent of said Developer, or the successors or assigns of Developer. ARTICLE XIV. INDE CAFION OF OFFICERS AND DIRE Association hereby indemnifies any Director or officer made a party or ie a party to any threatened, pending or completed action, suitor proceeding: a Whether civil, criminal, administrative or investigative, other then one by or in the ri a Association to procure a judgment in its favor, brought to impose a liability or penalty o ~~} ierson for any act alleged to have been wmmitted by such person in his capacity of D r or officer of the Association, or in his capacity as a Director, officer, employee or agent of Qother corporation, partnersfiip, joint venture, trust or other enterprise which he served tl uest of the Association, against judgments, fines, amounts paid in settlement and rea expenses, including attorneys' fees, actually and necessarily incurced as a result of such ac n, 't or proceeding or any appeal therein, if such person acted in good faith in the reasonable at such action was in the best interests of the Association, and in criminal actions or pr ,without reasonable ground for belief that such action was unlawful The termiaatio such action, suit or proceeding by judgment, order, settlement, conviction or upon a plea contendere or its equivalent shall not in itself create a presumption that any such D' o or officer did not act in good faith in the reasonable belief that such action was in the bast tn~er~s(s of the Association or that he had reasonable gmunds for belief that such action was unlaw tt1~ b. By or in the ri ~a Association to procure a judgment in its favor by reason of his being or having been a~,~detor or officer of the Association, or by reawn of his being or having been a Director, officer, yee or agent of any other corporation, partnership, joint venture, trust or other enterprise w erved at the request of the Association, against the reasonable expenses, including attom actually and necessarily incurred by him in connection with the defense or settlement of hart, or in connection with an appeal therein, if such person acted in good faith in the r a elief that such action was in the best interests of the Association. Such person shat itled to indemnification in relation to matters as to which such person has been to have been guilty of negligcmce or misconduct in the performance of his duty to the ion unless and only to the extent that the court, administrative agency, or investigative be ore which such action, suit or proceeding is hold shall determine upon application th the adjudication of liability but in view of all circumstances of the case, such pe is fairly and reasonably entitled to indemnification for such expenses which such tribunal shall proper. 2. The Board of Directors shall determine whe ants for which a Director or officer seeks indemnification were properly inctttred and wh h Director or officer acted in good faith and in a manner he reasonably believed to he best interests of the Association, and whether, with respect to any criminal a rocending, he had no reasonable ground for belief that such action was unlawful. Such ere ,ion shall be made by ;TL074863;2j Book61161Page1496 CFN#2006022465 the Board of Directors by a majority vote of a quorum coasisring of Directors who were not parties to such action, suitor proceeding. 3. The foregoing rights of indemnification shall not be deemed to limit in any ~vay the powers of the Association to indemnify under applicable law. 4, The Association shall obtain directors' end officers' Iiability insurance providing such covera~as the Board of Directors of the Association may determine from time to time. ~1$TICLE XV. Q 1. the exception of Directors and Officers appointed by the Class B. Members, any financial lial interest of an Officer or Director in any contract or transaction between the Association and ell) or more of its Directors or officers, or between the Association and any other corpora ' ership, association or other organization in which one (1) or more of its Directors or a e directors or officers, of have a financial interest, shall be disclosed, and further shall be dable solely for this Wesson, or solely because the Director or officer is present at or participat a meeting of the Board or committee thereof which authorized the contract or transaction ly because his or their votes are counted for such purpose. No Director or officer of the lion shall incur liability by reason of the fact that he is or may be interested in any such c section. 2. Interested Dir rs maybe counted in determining the presence of a quorum at a meeting of the Board of Director a committee which authorized the contract or transaction, but must abstain from voting on t sue. The Association maybe dissoly than two-thirds (213) of each class of me s. incident to a merger or coasolidation, the appropriate public agency or master associ which this Association was created, In the eve assets shall be granted, conveyed and assigned other organization to be devoted to such similar assent given in writing and signed by not less pen dissolution of the Association, other then ?o~the Association steal! be dedicated to an used for purposes similar to those for s~ dedication is refused acceptance, such ut~t onprofit corporation, association, trust or In the event of termination, dissolution or dation of the Association, the responsibility for the operation and maintenance of the ce water or stormwater management system must be transferred to and accepted by as~~tity that would comply wi[h Rule 40(c)-42.027, Florida Administrative Code, and he a~rc~i ed by the District prior to such termination, dissolution or liquidation. O (t'1.~749E3;2 ( Book61161Page1497 CFN#2006022465 IN WITNESS WHEREOF, for the purpose of forming this corporation under the laws of the State of Florida, 1, the undersigned, constituting the incorporator of this Association, have executed these Articles of incorporation this ~ day of [1r .r. ~w. , 2005. ~° ~~ 2f~ ~O~ bert Huteon, Incorporator ~,A G S~- ~~`' V ~TL014867;=~ Book6116lPage1498 CFN#2006022465 CERTIFICATE DESIGNATD\ G PLACE OF BUSINESS FOR SERVICE OR PROCESS WITHIN THIS STATE, NAMING AGENT UPON WHOM PROCESS MAY BE SERVED Pursuant to Chapter 48.091, Florida Statutes, the following is submitted in compliance with said S te: P LANDING TOWNH014~S OWNERS' ASSOCIATION, INC., desiring to organiz u e laws of the State of Florida, with its principal offices at 4037 Avalon Park East Bou Or do, Florida 32828, has named Robert Hutson, whose office is located at 4037 Aval "East Boulevard, Orlando, Florida 32828 as its agent to accept service of process with mate. O ROBERT HUTSON • WL ANT Baying been nom apt service of process for the above stated corporation, at the place designated in this C I hereby accept to act in this capacity, and agree to comply with the provisions of said A 've to ke i tee. ROBERT HUTSON S d C~ r'~ {n,o~ae6s;~f Book6116/Page1499 CFN#2006022465