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525 MI Hms-Riverview Twnhms 1~.~~"m"mll".I~Hm.~.lnUI~. MARYANNt:: MlJR!:lI::, tltRK or CIRWn LUJRT SEMINIJI.E Clll~W BK 01013 Pql 1294 - 1356; (63pgs) CLERK'S * 2008070184 RECORDED 06/17/2008 03100120 PM RECOROlNe FEtS 537.00 Prepared by and to be returned to: R~CU~OtD BY l McKinley Keith R. Waters GRAHAM, BUILDER, JONES, PRATT & MARKS, LLP 369 North New York Avenue, Third Floor Winter Park, Florida 32789 DECLARATION OF EASEMENTS, COVENANTS, CONDITIONS, AND RESTRICTIONS FOR RIvERVIEW TOWNHOMES THIS DECLARA TION OF EASEMENTS, COVENANTS, CONDITIONS, AND ~CTIONS FOR RIVERVIEW TOWNHOMES (the "Declaration") is made this J2-fh day of _ --Y V\ L , 20 fl-, by MIl HOMES OF ORLANDO, LLC, a Florida limited liability company (the "Developer"), which declares hereby that the Property described in Exhibit "A" attached -- hereto and by reference incorporated in this Declaration, is and shall be held, transferred, sold, conveyed ,--""" and occupied subject to the covenants, restrictions, easements, charges, liens, and other matters set forth below. The address of the Developer is 300 Colonial Center Parkway, Suite 200, Lake Mary, Florida 32746. WIT N E SSE T H: WHEREAS, the Developer is the owner of certain real property in City of Sanford, Seminole County, Florida, more particularly described in Exhibit "A" attached hereto and by this reference made a part hereof (the "Property"); and WHEREAS, the Developer has established a land use plan for the Property and the Developer plans to develop the Property into single-family townhome residential lots and cause or allow the construction on the developed lots of single-family attached residential dwelling townhome units; and WHEREAS, in order to preserve and protect the value and desirability of the Property, the Developer deems it prudent to place this Declaration of record and to subject the Property to the matters set forth below. NOW, THEREFORE, the Developer hereby declares that all of the Property shall be held, sold, transferred, and conveyed subject to the following easements, restrictions, covenants, conditions, and other matters. These easements, restrictions, covenants, and conditions are for the purpose of protecting the value and desirability of the Property as a residential community of high standards, quality, and beauty, and shall run with the Property and be binding on all of the parties having any rights, title, or interest in the Property or any part thereof, their heirs, successors, and assigns, and shall inure to the benefit of each owner of the Property or any portion thereof. ARTICLE I DEFINITIONS The terms used in this Declaration shall be defined as set forth herein unless the context otherwise reqUIres: 1.1 "Association" shall mean and refer to the RIVERVIEW TOWNHOME OWNERS ASSOCIA TION, INe., a Florida corporation not-for-profit, its successors and assigns. 1.2 "Articles" means the Articles of Incorporation of the Association, as may be amended from time to time, a copy of which is attached hereto and incorporated herein as Exhibit "B". 1.3 "Board of Directors" or "Board" shall mean the directors serving as such from time to time under the Articles of Incorporation and the Bylaws of the Association. 1.4 "Bylaws" means the Bylaws of the Association, as may be amended from time to time, a copy of which is attached hereto and incorporated herein as Exhibit "C". 1.5 "City" means the City of Sanford, Florida. 1.6 "Code" means and refers to the Sanford City Code as such may be amended from time to time. 1.7 "Common Area Improvements" means the paving, drainage structures, street lighting fixtures and appurtenances, landscaping, and other structures, equipment and facilities (except public utilities) situated or built on the Common Areas, if any. 1.8 "Common Areas" shall mean those portions of the Property that are not included in any Lot and that are owned by the Association for the common use and enjoyment of the Owners, property designated as Common Areas in any recorded plat or future recorded supplemental declaration, property the Association does not own but is required to maintain, and property otherwise designated by the Developer as Common Areas, together with the landscaping and any improvements thereon, including, without limitation, any and all structures, including the outside portion of any walls built by the Developer bordering public rights-of-way contiguous to the Property, open space, conservation or preservation areas, drainage easements, mitigation buffer areas, littoral zones along retention/detention areas, walkways, swales and spreader swale areas, grass areas and upland buffer areas, signage areas and landscape buffer areas, landscape and wall buffer easement areas, parking areas, median strips in public streets, private streets, sidewalks, sprinkler systems, street lights and entrance features including the lighting, signage and landscaping of the entrance features, but excluding any public utility installations thereon. Common Areas also include easements in favor of the Association or that the Association must maintain. 1.9 "Conservation Area" shall mean and refer to all such property so designated as a conservation area or conservation tract, or like designation, upon any recorded Subdivision Plat or Plats of the Properties. The Developer reserves the right to add lands to the Conservation Area. 2 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 1.10 "County" means Seminole County, Florida. 1.11 "Declaration" shall mean and refer to this Declaration, together with all supplements or amendments hereto, if any. 1.12 "Developer" shall mean and refer to MIl HOMES OF ORLANDO, LLe., a Florida limited liability company, its successors and assigns (subject to the terms, conditions, and restrictions as may be imposed on an assignment of Developer's rights). The Developer may assign all or any portion of its rights hereunder; and Developer may assign all or any portion of its rights with respect only to specified portions of the Property. In the event of a partial assignment, the assignee shall not be deemed the Developer, but may exercise those rights of the Developer specifically assigned to it, if any. Any such assignment may be made on a non-exclusive basis. 1.13 "Development" shall mean RIVERVIEW TOWNHOMES, a single-family townhome residential subdivision, and shall refer to the Property as it is developed pursuant to the Declaration, or any property annexed thereto in accordance with this Declaration. 1.14 "Dwelling" shall mean the residential dwelling constructed upon a Lot. 1.15 "Institutional Lender" shall mean a bank, savings and loan association, insurance company, real estate or mortgage investment trust, pension fund, agency of the United States Government, mortgage banker or company, Federal National Mortgage Association, the Developer, or any affiliate of the Developer, or other lender generally recognized as an institution type lender, which holds a mortgage on one or more of the Lots. 1.16 "Local Government" means City of Sanford, Florida and Seminole County, Florida. 1.17 "Lot" shall mean and refer to any portion of the Property, described by lot or fractional lot, or by metes and bounds, with the exception of the Common Areas, and intended to be conveyed by the Developer to builders or individual purchasers for the site of a single-family townhome residence. 1.18 "Member" shall mean and refer to all those Owners who are members of the Association in accordance with this Declaration, the Bylaws, or the Articles of Incorporation. 1.19 "Occupant" means the person or persons, other than the Owner in possession of a Lot, and may, where the context so requires, include the Owner. 1.20 "Owner" shall mean and refer to the record owner, whether one or more person or entities, of the fee simple title to any Lot. 1.21 "Property" shall mean and refer to that certain real property heretofore described on Exhibit" A," and such additions thereto as may hereafter be properly brought within the jurisdiction of the Association. 1.22 "Surface Water or Stormwater Management System" shall mean a system which is designed and constructed or implemented, pursuant to a permit issued by the Water Management District to control discharges which are necessitated by rainfall events, incorporating methods to collect, convey, store, absorb, inhibit, treat, use or reuse water to prevent or reduce flooding, over-drainage, environmental 3 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3 ).doc degradation, and water pollution or otherwise affect the quantity or quality of discharges, and shall include, but not be limited to, all inlets, ditches, swales, culverts, water control structures, retention and detention areas, ponds, lakes, flood plain compensation areas, wetlands, and associated buffer areas, and wetland mitigation areas. 1.23 "Turnover" means that point in time at which the Developer is incapable of electing a majority of the Board of Directors for the Association. For the purposes of this Declaration, Turnover shall be established as that point in time that the Developer has conveyed the 144th Lot (out of a total of 192 Lots) to an individual Owner, or at such earlier time as prescribed in Section 2.2 below. 1.24 "Water Management District" means the St. John's River Water Management District, or any successor agency. ARTICLE II MEMBERSHIP AND VOTING RIGHTS IN THE ASSOCIATION 2.1 Membership. Every Owner of a Lot which is subject to assessment shall be a Member of the Association. Membership shall be appurtenant to and may not be separated from ownership of any Lot which is subject to assessment. Any person or entity who holds an interest in a Lot merely as a security for the performance of an obligation is not a Member. 2.2 Voting Rights. The Association shall have two (2) classes of voting membership: Class A. Class A Members shall be all Owners except the Developer (as long as the Class B membership shall exist, and thereafter, the Developer shall be a Class A Member to the extent it would otherwise qualify). Except as provided below, Class A Members shall be entitled to one (l) vote for each Lot in which they hold the interests required for membership. When more than one person holds such interest or interests in any Lot, all such persons shall be Members, they may exercise a total of only one vote for that Lot, and the vote for such Lot shall be exercised as set forth in the Bylaws. Class B. The Class B Member shall be the Developer. The Class B Member shall be entitled to three (3) votes for each Lot owned by the Developer. The Class B membership shall cease and terminate and be converted to Class "A" membership on the happening of the earliest of the following events: (a) When the total outstanding Class "A" votes in the Associates equals or exceeds the total outstanding Class "B" votes; or (b) Seven (7) years from the date of filing of this Declaration; or (c) At the election of the Developer evidenced by a written waiver. 2.3 General Matters. When reference is made herein, or in the Articles, Bylaws, Rules and Regulations, management contracts or otherwise, to a majority or specific percentage of Members, such reference shall be deemed to be reference to a majority or specific percentage ofthe permitted votes of the Members (one vote per Lot) and not of the individual Members themselves. 4 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc ARTICLE III PROPERTY RIGHTS IN THE COMMON AREAS; OTHER EASEMENTS 3.1 Members Easements. Each Member, and each tenant, agent and invitee of such Member, shall have a non-exclusive, permanent and perpetual right and easement of enjoyment in, over, and upon the Common Areas for the intended use and enjoyment thereof in common with all other such Members, their tenants, agents and invitees, in such manner as may be regulated by the Association. No person entitled to use and enjoy the Common Areas may do so in any manner inconsistent with intended use or purpose of the Common Areas. Without limiting the generality of the foregoing, such rights of use and enjoyment are hereby made subject to the following: (a) The right and duty of the Association to levy Assessments against each Lot for the purpose of maintaining the Common Areas in compliance with the provisions of this Declaration and with the restrictions on the plats of portions of the Property from time to time recorded. (b) The right of the Association to adopt at any time and from time to time and enforce Rules and Regulations governing, among other things, the use of the Common Areas and all structures at any time situated thereon, including the right to fine Members as hereinafter provided. Any rule or regulation so adopted shall apply until rescinded or modified as if originally set forth at length in this Declaration. (c) The right to the use and enjoyment of the Common Areas and facilities thereon shall extend to Owners and Occupants and their immediate family who reside in a Dwelling, and their guests, subject to regulation from time to time by the Association in its lawfully adopted and published Rules and Regulations. (d) The right of the Developer to permit such persons as the Developer shall designate to use the Common Areas and all recreational facilities thereon (if any). (e) The right of the Association, by a seventy-five percent (75%) affirmative vote of the Members, to dedicate, sell, or transfer all or portions of the Common Areas to a public agency under such terms as the Association deems appropriate and to create or contract with special taxing districts for lighting, roads, recreational or other services, security or communications and other similar purposes deemed appropriate by the Developer (to which such creation or contract all Owners hereby consent). (f) The right of the Association to suspend for a reasonable time the rights of an Owner or Occupant, or their family members or guests, to use Common Areas as a result of the violation by the Owner, Occupant, family member or guest of any covenant, condition, or restriction contained in this Declaration. 3.2 Easement Appurtenant. The rights and easements provided in Section 3.1 shall be appurtenant to and shall pass with the title to each Lot. 5 C:\Documents and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 3.3 Maintenance. The Association shall maintain in good repair and shall manage, operate and insure, and shall replace as often as necessary, the Common Area Improvements, with all such work to be done as ordered by the Board of Directors of the Association. Maintenance of street lighting fixtures shall include and extend to payment for all electricity consumed in their illumination. Without limiting the generality of the foregoing, the Association shall assume all of the Developer's and its affiliates' responsibility to any governmental agencies of any kind with respect to the Common Area Improvements and the Common Areas and shall indemnify and hold the Developer and its affiliates harmless with respect thereto. All work pursuant to this Section and all expenses incurred hereunder shall be paid for by the Association through Assessments (either general or special) imposed in accordance with this Declaration. No Owner may waive or otherwise escape liability for Assessments by non-use of the Common Areas or abandonment of the right to use the Common Areas. The Association shall maintain the outside portion of the fences or walls (the side thereof not facing the Property), if any, constructed by the Developer along the perimeter of the Property, or any portion thereof; whereas each Owner shall maintain the inside surface of that portion of any such fence or wall that lies on or adjoins the Owner's Lot, as well as any other fence or wall that is on the Owner's Lot. The Owner shall not make any changes in the perimeter fence or wall, if any, including, but not limited to, change of color or material of the fence or wall, without the express written approval of the Association. The Association shall be responsible for the maintenance, operation and repair ofthe Surface Water or Stormwater Management System. Maintenance of the Surface Water or Stormwater Management System(s) shall mean the exercise of practice which allow the systems to provide drainage, water storage, conveyance or other surface water or stormwater management capabilities as permitted by the Water Management District. Any repair or reconstruction of the Surface Water or Stormwater Management System shall be as permitted or, if modified, as approved by the Water Management District. The Developer has constructed drainage swales upon portions of the Property, including some or all Lots, for the purpose of managing and containing the flow of excess surface water, if any, found upon such the Property from time to time. Each Lot Owner shall be responsible for the maintenance, operation and repair of the swales on his Lot. Maintenance, operation and repair shall mean the exercise of practices, such as mowing and erosion repair, which allow the swales to provide drainage, water storage, conveyance or other stormwater management capabilities as permitted by the Water Management District. Filling, excavation, construction of fences or otherwise obstructing the surface water flow in the swales is prohibited. No alteration of the drainage swales shall be authorized and any damage to any drainage swale, whether caused by natural or human-induced phenomena, shall be repaired and the drainage swale returned to its former condition as soon as possible by the Owner(s) of the Lot(s) upon which the drainage swale is located. 3.4 Rights of the Local Government. The Local Government shall hereby have the right, but not the obligation, to access, maintain, repair, replace, and otherwise care for or cause to be cared for any and all private easements, Common Areas, rights-of-way, and improvements therein, as depicted on the plat of the Development as recorded in the Public Records of the County. In the event any said private easements, Common Areas, improvements, and rights of way are not maintained or such become a nuisance, or in the event the Local Government exercises the aforementioned right, the Association and 6 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc each Lot Owner are hereby ultimately responsible for payment of the cost of maintenance, repair, replacement, and care provided by the Local Government, or its agents, plus administrative costs and attorneys' fees incurred by or for the Local Government. Said costs shall be a lien or assessment on all Lots in the Development and on all Common Areas, and may be enforced by foreclosure proceedings and other remedies. This right and the Local Government's exercise of said right shall not impose any obligation on the Local Government to maintain, repair, replace, or otherwise care for said private easements, Common Areas, improvements or rights-of way and improvements contained therein. 3.5 Utility Easements. Use of the Common Areas for utilities as well as use of the other utility easements as shown on relevant plats, shall be in accordance with the applicable provisions of this Declaration. The Developer and its affiliates, and its and their designees, shall have a perpetual easement over, upon, and under the Common Areas for the installation and maintenance of community or cable TV and security and other underground television, radio and security cables for service to the Lots and other portions of the Development. 3.6 Public Easements. Fire, police, health and sanitation, park maintenance, and other public service personnel and vehicles shall have a permanent and perpetual easement for ingress and egress over and across the Common Areas. 3.7 Ownership and Use. (a) The Common Areas shall be for the nonexclusive joint and several use, in common, of the Developer and the Owners of all Lots that may from time to time constitute part of the Property and the Developer's and such Owners' tenants, guests and invitees. (b) The Common Areas (or appropriate portions thereof) shall, upon the later of completion of any improvements thereon or the date when the first Lot with a residence built thereon within the Property has been conveyed to a purchaser (or at any time and from time to time sooner at the sole election ofthe Developer), be conveyed to the Association, which shall accept such conveyance. (c) Beginning from the date on which this Declaration is recorded, the Association shall be responsible for the maintenance of the Common Areas (whether or not then conveyed or to be conveyed to the Association or the Local Government as the case may be), such maintenance to be performed in a continuous and satisfactory manner. (d) The Common Areas cannot be mortgaged or conveyed without the affirmative vote of seventy-five percent (75%) of the Class A Members of the Association. (e) It is intended that all real estate taxes assessed against that portion of the Common Areas owned or to be owned by the Association shall be proportionately assessed against and payable as part of the taxes of the Lots. However, notwithstanding the foregoing, in the event that any such taxes are assessed directly against the Common Areas, the Association shall be responsible for the payment ofthose taxes, including taxes on any improvements and any personal property located thereon. (f) The Developer and its affiliates shall have the right from time to time to enter upon the Common Areas and other portions of the Property for the purpose of construction, reconstruction, repair, replacement, and/or alteration of the any Improvements or facilities on the 7 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc Common Areas or elsewhere on the Property, that the Developer and its affiliates elect to effect, and to use the Common Areas and other portions of the Property for sales, displays, and signs of any portion of the Development. (g) Without limiting the generality of the foregoing, the Developer and its affiliates shall have the specific right to maintain upon any portion of the Property sales, administrative, construction, and other offices without charge, and appropriate easements of access and use are expressly reserved unto the Developer and its affiliates, and its and their successors, assigns, employees, and contractors, for this purpose. (h) Any obligation to complete portions of the Common Areas shall, at all times, be subject and subordinate to these rights and easements and to the above-referenced activities. Accordingly, the Developer shall not be liable for delays in such completion to the extent resulting from the above-referenced activities. 3.8 Other Easements. (a) The Owner of each Lot shall have an easement of access over and upon adjoining Lots and the Common Areas for the purpose of allowing such Owner to maintain and repair air- conditioning compressors, air-conditioning equipment, meters, and other equipment serving such Owner's Lot which may be located on or near the Lot boundary, or that extend onto such adjoining Lots or Common Areas. Easements are reserved over each Lot and the Common Areas in favor of each other Lot and the Common Areas in order to permit drainage and run-off from one Lot (and its improvements) to another or to the Common Areas or from the Common Areas to any Lot or Lots. In the event any portion of any Lot (or of the improvements thereon) encroaches upon the Common Areas as a result of the construction, reconstruction, repairs, shifting, settlement, or moving of any portion of the Property, a valid easement for the encroachment is hereby created and granted. Notwithstanding the foregoing, no easement for an encroachment shall exist for any encroachment occurring due to the willful conduct of an Owner. The Association is hereby granted an easement, for itself and its contractors, over the Lot of each Owner for the purpose of enforcing the provisions of this Declaration, and may go upon any Lot as necessary to remove or repair any cause or condition that constitutes a violation of any provision of this Declaration. If the Association, after notice to the Owner and failure to cure by the Owner (as more particularly provided below), does in fact exercise its right to cure such a cause or condition, then all costs incident to the Association's actions shall become the personal obligation of the Owner and be imposed as a lien against the Lot in the same fashion as if those sums represented monies due for unpaid assessments. (b) The Association shall have the right to grant permits, licenses, and easements over the Common Areas for utilities, roads, and other purposes reasonably necessary or useful for the proper maintenance and operation of the Development. The Association shall be required to grant all easements or agreements as required by jurisdictional agencies as a result of the development of the Property into a subdivision. (c) The Association shall have a perpetual non-exclusive easement over all areas of the Surface Water or Stormwater Management System for access to operate, maintain or repair the system. By this easement, the Association shall have the right to enter upon any portion of any lot which is a part of the 8 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 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 Water Management District permit. Additionally, the Association shall have a perpetual non-exclusive easement for drainage over the entire Surface Water or Stormwater Management System. No person shall alter the drainage flow of the Surface Water or Stormwater Management System, including buffer areas or swales, without the prior written approval of the Water Management District. 3.9 Future Development Easements. In conjunction with the development of other surrounding lands (not necessarily abutting lands), the Association shall be required to grant the Developer and its affiliates, and their respective successors and assigns, upon request, necessary easements as required by jurisdictional agencies for the installation and maintenance of underground facilities and equipment such as water or line, sanitary sewers, storm drains, and electric, telephone and security lines, cables, and conduits, under and through the common area tracts and other lands owned by the Association as shown on the plats of the Property. In conjunction with the development of interconnected road networks of other surrounding lands (not necessarily abutting lands), the Association shall be required to grant the Developer and its affiliates, and their respective successors and assigns, upon request, necessary easements for ingress and egress as may be required by jurisdictional agencies through the common area tracts and other lands owned by the Association as shown on the plats of the Property. The Association shall not deed common area lands or lands owned by the Association without prior written consent of the Developer. ARTICLE IV COVENANT FOR MAINTENANCE ASSESSMENTS 4.1 Creation of the Lien and Personal Obligation of the Assessments. (a) Annual Assessments. Except as provided elsewhere herein, each Owner of a Lot by acceptance of a deed or conveyance thereof, whether or not it shall be so expressed in such deed or other conveyance, shall be deemed to covenant and agree to pay to the Association annual assessments for the maintenance, management, operation, and insurance of the Common Areas, administration of the Association, and for funding other permitted or required activities of the Association, including capital improvement assessments, assessments for maintenance, and all other charges and assessments hereinafter referred to, all such assessments to be fixed, established, and collected from time to time as herein provided and in accord with all other provisions herein. (b) Special Assessments and Other Charges. In addition, special assessments may be levied against particular Lots or Owners (to the exclusion of others). The Association may also levy other charges against specific Lots or Owners as contemplated in this Declaration. (c) Personal Obligation. The annual, special, and other assessments, together with such interest thereon and costs of collection thereof as hereinafter provided, shall also be the personal obligation of the person who is the owner of the Lot against which the assessment is levied at the time when the assessment fell due and the obligation of all subsequent Owners until paid. (d) Uniformity. Except as provided herein with respect to special assessments which may be imposed on one or more Lots and Owners to the exclusion of others, all assessments imposed by the Association shall be imposed against all Lots equally. 9 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc (e) Initiation Assessment. Each time a Lot is conveyed or title is otherwise transferred by an Owner to his successor, an initiation assessment of $200.00 shall be due to the Association from either the new Owner or the conveying Owner. Each initiation assessment shall be paid to the Association concurrent with the conveyance or other transfer of title, and shall constitute a lien against the applicable Lot until paid in full. The Board of Directors may from time to time increase the initiation assessment. The initiation assessment shall not increase by more than fifteen percent (15%) during any calendar year unless the Owners approve by majority vote a greater increase. The initiation assessments may be used in the discretion of the Board of Directors for any purpose for which the annual assessment may be used. The initiation assessment may sometimes be referred to below as the "initiation fee." All references in the Declaration to "Assessments" shall be deemed to include reference to any and all of the aforesaid charges whether or not specifically mentioned. 4.2 Purpose of Assessments. The annual Assessments levied by the Association shall be used exclusively for maintenance of the Common Areas (including walls), for certain Lot maintenance performed by or at the direction of the Board as provided for in this Declaration, for capital improvements, insurance, cash reserves (if any), and for promoting the health, safety, welfare, and recreational opportunities of the Members of the Association and their families residing with them, their guests and tenants, all as provided for herein. Payment of taxes on the Common Areas shall be a purpose of the Association and shall be paid by the Association from Assessments. Assessments shall also be used for the maintenance and repair of the Surface Water or Stormwater Management Systems including but not limited to work within retention areas, drainage structures, swales and drainage easements. 4.3 Specific Damage. Owners (on their behalf and on behalf of their children, guests and other Occupants) causing damage to any portion of the Common Areas as a result of misuse, negligence, failure to maintain, or otherwise shall be directly liable to the Association for the cost of repairing damages or otherwise remedying the effects of their actions, and a special Assessment may be levied therefor against such Owner or Owners. Such special Assessments shall be subject to all of the provisions hereof relating to other Assessments, including, but not limited to, the lien and foreclosure procedures. 4.4 Exterior Maintenance. Each Owner, except as contemplated specifically herein, shall maintain the structures and grounds on his Lot at all times in a clean and attractive condition as provided elsewhere herein. Upon an Owner's failure to do so, the Association may at its option, after giving the Owner ten (10) days written notice sent to his last known address, or to the affected Lot, cut that portion of the grass, weeds, shrubs, and vegetation which the Owner is to maintain when and as often as the Association deems necessary in its judgment, and dead trees, shrubs, and plants removed from such Lot, and other areas resodded or landscaped, or the Association may otherwise do that which the Association deems necessary to place that Lot and the improvements thereon in full compliance with this Declaration; and all expenses of the Association for work performed or actions taken under this provision shall be a lien and special Assessment charged against the Lot on which the work was done and shall be the personal obligation of all Owners of such Lot. No bids need to be obtained by the Association for any such work and the Association shall designate the contractor or other service provider in its sole discretion. 10 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 4.5 Commencement of Annual Assessments; Initial Assessment; Due Dates: Increases. (a) The annual Assessments provided for in this Article shall commence as to all Lots on the first day of the month next following the recording of this Declaration, and shall be applicable through December 31 of such year. Each subsequent annual Assessment shall be imposed for the year beginning January 1 and ending December 31. (b) The annual Assessments shall be payable in advance in monthly installments, or in annual, semi-annual, or quarter-annual installments if so determined by the Board of Directors. (c) The initial annual Assessments for the calendar year ending on December 31, 2007, shall not exceed $ 2,500.00 (d) The due date of any special Assessment shall be fixed in the Board resolution establishing such Assessment. (e) At least thirty (30) days before the expiration of each calendar year, the Board will prepare and distribute to each Owner a proposed budget for the Association's operations during the next ensuing calendar year. If such budget requires an annual Assessment of 115% or less of the annual Assessment then in effect, the assessment so proposed will take effect at the commencement of the next ensuing calendar year without further notice to any Owner. If such budget requires an annual Assessment that is more than one hundred fifteen percent (115%) of the annual Assessment then in effect, then the Board shall call a special membership meeting on not less than fifteen (15) days prior notice for the purpose of approving such increase. A majority of the votes of those Members present and voting is sufficient for such approval, and the Assessment approved will take effect at the commencement of the next ensuing calendar year without further notice to any Owner. If the proposed Assessment is disapproved, a majority of the votes will determine the annual Assessment for the next ensuing calendar year, which may be in any amount not exceeding that stated in the meeting notice. (f) The Assessment amount (and applicable installments) for a given calendar year may be changed by the Board at any time from that originally stipulated or from any other Assessment that is in the future adopted, so long as the change does not result in a new Assessment of more than 115% of the current Assessment for the period to which the new Assessment applies. The original Assessment for any year shall be levied for the calendar year, but the amount of any revised Assessment to be levied during any period shorter than a full calendar year shall be in proportion to the number of months (or other appropriate installments) remaining in such calendar year. 4.6 Duties of the Board of Directors. (a) The Board of Directors shall fix the commencement date and the amount of the Assessment against each Lot subject to the Association's jurisdiction for each calendar year at least thirty (30) days in advance of such date or period, and shall, at that time, prepare a roster of the Lots and Assessments applicable thereto which shall be kept in the office of the Association and shall be open to inspection by any Owner. (b) Written notice of the Assessment shall be sent to every Owner subject thereto thirty (30) days prior to the due date for payment of the first installment thereof, except as to emergency 11 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc Assessments. In the event no such notice of a change in the Assessments for a new assessment period is given, the amount payable shall continue to be the same as the amount payable for the previous period, until changed in the manner provided for herein. (c) The Association shall, upon demand and for a reasonable charge, furnish a certificate signed by an officer of the Association setting forth whether the Assessments on a specified Lot have been paid. A properly executed certificate of the Association reporting on the status of Assessments on a Lot is binding upon the Association as of the date of its issuance. The Association may delegate to a management company, financial institution, or mortgage company responsibility for collection of Assessments. (d) The Association, through the action of its Board of Directors, shall have the power, but not the obligation, to enter into an agreement or agreements from time to time with one or more persons, firms, or corporations (including affiliates of the Developer) for management services. The Association shall have all other powers provided in its Articles of Incorporation and Bylaws. 4.7 Effect of Non-Pavment; the Personal Obligation; the Lien; Remedies ofthe Association. (a) If the Assessments (or installments) are not paid on the date(s) when due (being the date(s) specified herein), then such Assessments (or installments) shall become delinquent and shall thereupon, together with late charges, interest, and the cost of collection thereof as hereinafter provided, become a continuing lien on the Lot which shall bind that Lot in the hands of the then Owner, his heirs, personal representatives, successors, and assigns. The personal obligation of the then Owner to pay such Assessment shall pass to his successors in title and recourse may be had against either or both. (b) If any installment of an Assessment is not paid within thirty (30) days after the due date, at the option of the Association, a late charge not greater than five percent (5%) of the amount of such unpaid installment may be imposed (provided that only one late charge may be imposed on any one unpaid installment and if such installment is not paid thereafter, it and the late charge shall accrue interest as provided herein but shall not be subject to additional late charges; provided further, however, that each other installment thereafter coming due shall be subject to one late charge each as aforesaid), and, in the Board's discretion, the next l2-months of installments may be accelerated and become immediately due and payable in full, and all such sums shall bear interest from the dates when due until paid at the highest lawful rate. (c) The Association may bring an action at law against the Owner( s) personally obligated to pay the Assessment or may record a claim of lien (as evidence of its lien rights as hereinabove provided for) against the Lot on which the Assessments and late charges are unpaid and may foreclose the lien (in the manner to foreclose a mortgage) against the Lot on which the Assessments and late charges are unpaid. The Association may pursue one or more of such remedies at the same time or successively, and reasonable attorneys' fees and costs of preparing and filing the claim of lien and the complaint, if any, in such action shall be added to the amount of such Assessments, late charges, and interest. In the event a judgment is obtained, such judgment shall include all such sums as above provided and reasonable attorneys' fee to be fixed by the court together with the costs of the action, and the Association shall be entitled to reasonable attorneys' fees in connection with any appeal of any such action, if the Association is successful in the appellate court. No Owner may waive or otherwise escape 12 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc liability for the Assessments provided for herein by non-use of the Common Areas or abandonment of his Lot. (d) In the case of an acceleration of the next twelve (12) months of installments, each installment so accelerated shall be deemed, initially, equal to the amount of the then most current delinquent installment, provided that if any such installment so accelerated would have been greater in amount by reason of a subsequent increase in the applicable Assessment or budget, the Owner of the Lot whose installments were so accelerated shall continue to be liable for the balance due by reason of such increase and special Assessments against such Lot may be levied by the Association for such purpose. (e) No Owner acquiring title to a Lot against which an Assessment is delinquent shall be entitled to enjoy or use the Common Areas until such time as all unpaid and delinquent Assessments due and owing from the selling Owner have been paid; provided, however, that the provisions of this sentence shall not be applicable to the mortgages and purchasers contemplated by the Section below in this Article entitled "Subordination of the Lien." The Board shall also have the right to suspend any or all voting rights of any Owner who has failed to pay annual Assessments due from him within ninety (90) days after such Assessments become due. (f) It shall be the legal duty and responsibility of the Association (as hereinafter contemplated) to enforce payment of the Assessments hereunder. Failure of the Association to send or deliver bills shall not, however, relieve Owners from their obligations hereunder. Notwithstanding the foregoing obligations, the Association may compromise or settle any claim(s) for delinquent Assessments upon terms which the Board, in its sole discretion, deems reasonable and in the best interest of the Association. (g) All Assessments, late charges, interest, penalties, fines, reasonable attorneys' fees, and other sums provided for herein shall accrue to the benefit of the Association. (h) Owners shall be obligated to deliver the documents originally received from the Developer, containing this and other declarations and documents, to any grantee of such Owner. 4.8 Subordination of the Lien. The lien of the Assessments provided for in this Article shall be a lien superior to all other liens except real estate tax liens and the lien of any mortgage to any Institutional Lender now or hereafter encumbering a Lot. Notwithstanding the foregoing, an Institutional Lender mortgagee, when in possession, or any receiver, and in the event of a foreclosure, any purchaser at a foreclosure sale, and any such mortgagee acquiring a deed in lieu of foreclosure, and all persons claiming by, through, or under such purchaser or mortgagee, shall hold title subject to the liability and lien of any Assessment coming due after such foreclosure (or conveyance in lieu of foreclosure). Any unpaid Assessment which cannot be collected as a lien against any Lot by reason of the provisions of this Section shall be deemed to be an Assessment divided equally among, payable by, and a lien against all Lots subject to assessment. No purchaser at a foreclosure sale, and no persons claiming by, through, or under an Institutional Lender acquiring title to a Lot through foreclosure or a deed in lieu thereof, shall be personally obligated to pay Assessments that accrue prior to the Institutional Lender's or the foreclosure purchaser's acquiring title. 4.9 Access at Reasonable Hours. The Association, through its duly authorized agents or employees or independent contractors, shall have the right, after ten (10) days notice to the Owner, to 13 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc enter upon any Lot at reasonable hours on any day for the purpose of performing exterior maintenance on the Lot, and shall also have a reasonable right of entry upon any Lot to make emergency repairs or to do other work reasonably necessary for the proper maintenance or operation of the Development. 4.10 The Developer's Assessment. The Developer, as a Lot Owner shall be relieved from the obligation of paying Assessments levied against the Lots owned by the Developer, but instead shall be obligated to pay any operating expenses incurred by the Association that exceed the Assessments receivable from other Members and other income of the Association. The Developer may at any time elect in lieu of paying operating deficits as provided above, to pay the same Assessments as are paid by other Owners, in which event Developer shall no longer be obligated to pay the operating deficits. 4.11 Trust Funds. The portion of all annual Assessments collected by the Association for reserves for future expenses, and the entire amount of all special Assessments, shall be held by the Association for the Owners of all Lots, as their interest may appear, and may be invested in interest- bearing or non-interest bearing accounts, in certificates of deposit, in money market accounts, or other like instruments or accounts available at banks or savings and loan institutions, the deposits of which are insured by an agency of the United States. 4.12 Homeowner's Documents, Books and Papers. The Association shall have current copies of the Declaration, the Bylaws of the Association, the Articles of Incorporation, the Rules and Regulations for the Property, and the books, records, and financial statements of the Association available for inspection, upon request, during normal business hours, to Members and Institutional Lenders, and to holders, insurers, or guarantors of any first mortgage on any Lot. The Association may adopt reasonable rules governing the frequency, time, location, notice, and manner of such inspections, and may impose fees to cover the Association's costs of providing copies of such records. Provided, however, said records shall be made available for inspection by Members or their authorized agents at reasonable times and places within ten (10) business days after receipt of a written request for access. 4.13 Reserves for Replacement. The Association may establish and maintain, out of regular Assessments for common expenses, an adequate reserve fund for the periodic maintenance, repair, and replacement of improvements to the Common Areas. 4.14 Exempt Property. All properties dedicated to and accepted by a local public authority shall be exempt from the Assessments created herein. ARTICLE V CERTAIN RULES AND REGULATIONS 5.1 Applicability. The provisions of this Article V shall be applicable to all of the Property (and the Owners thereof) but shall not be applicable to the Developer or property owned by the Developer. 5.2 Land Use and Building Type. No Lot shall be used except for residential purposes. No building constructed on a Lot shall be used except for residential purposes. No building shall be erected, altered, placed, or permitted to remain on any Lot other than a single-family townhome unit not to exceed two (2) stories or thirty-five (35) feet in height. No townhome unit shall contain less than 1,400 square feet of heated living space. Temporary uses by Developer and its affiliates for model homes, sales 14 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc displays, parking lots, sales offices, and other offices, or anyone or combination of such uses, shall be permitted. No changes may be made in buildings erected by the Developer or its affiliates (unless such changes are made by the Developer) without the consent of the Architectural Control Board as provided below. No screening of porches or screen doors shall be allowed on the front facade of homes. No trailer house, manufactured, or otherwise prefabricated house shall be permitted on any Lot. 5.3 Easements. Easements for installations and maintenance of utilities and drainage facilities are reserved as shown on the recorded plats covering the Property, as shown on the final surveys, and as provided herein. Within these easements, no structure, planting, or other material may be placed or permitted to remain that will interfere with, damage, or prevent the maintenance of utilities or obstruct or retard the flow of water through drainage channels in the easements, or otherwise prevent or impede the intended use of the easement, except with the consent of the Board of Directors and the appropriate governmental agency. The area of each Lot covered by an easement and all improvements in the area shall be maintained continuously by the Owner of the Lot, except as provided herein to the contrary and except for installation for which a public authority or utility company is responsible. The appropriate water and sewer authority, electric utility company, telephone company, the Association, and the Developer and its affiliates, and their respective successors and assigns, shall have a perpetual easement for the installation and maintenance of underground facilities and equipment such as water line, sanitary sewers, storm drains, and electric, telephone and security lines, cables, and conduits, under and through the utility easements as shown on the plats of the Property. The Developer and its affiliates, and its and their designees, successors, and assigns, shall have a perpetual easement for the installation and maintenance of cable and community antenna, radio, television, and security lines within platted utility easement areas. All utilities and lines within the Development, whether in street rights-of-way or utility easements, shall be installed and maintained underground. 5.4 Obnoxious or Offensive Activity. No activity or use shall be allowed upon the Property which is a source of annoyance, embarrassment or discomfort to Owners or their tenants or invitees, or which interferes with the peaceful possession and proper use and enjoyment of the Property, nor shall any improper, unsightly, offensive or unlawful use be made of any Lot, Dwelling or the Common Property, and all laws and regulations of applicable governmental bodies shall be observed. The Property shall be used, enjoyed and occupied in such manner as not to cause or produce any of the following effects discernible outside any Dwelling: noise or sound that is objectionable because of its volume, duration, beat, frequency or shrillness; smoke; noxious, toxic or corrosive fumes or gases; obnoxious odors; dust, dirt or fly ash; unusual fire or explosive hazards; vibration; or interference with normal television, radio or other telecommunication reception by other Owners. 5.5 Temporary Structures. No structure of a temporary character, or trailer, tent, mobile home, or recreational vehicle, shall be permitted on the Property at any time or used at any time as a residence, either temporarily or permanently, except by the Developer and its affiliates or other builders during construction. 5.6 Signs. No sign of any kind shall be displayed on any Lot, except a sign used by a builder to advertise the company during the construction and sales period. Notwithstanding the foregoing, after the Developer no longer holds any Lots for sale in the ordinary course of business, a single sign of not more than five (5) square feet advertising the Lot (or home thereon) for sale or for rent (in locations and in accordance with design standards approved by the Architectural Control Board) shall be permitted. No sign of any kind shall be permitted to be placed on the outside walls of a residence or on any fences on the 15 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc Property, nor on the Common Areas, nor on dedicated areas, if any, nor on entry ways within the Property, except such as are placed by the Developer or its affiliates. Under no circumstances shall any signs advertising any Lot (or home thereon) for sale or lease, except Developer's signs, be permitted during any period that the Developer holds at least one Lot for sale in the ordinary course of business. 5.7 Oil and Mining Operation. No oil drilling, oil development operations, oil refining, quarrying, or mining operations of any kind shall be permitted upon or in the Property, nor on dedicated areas, nor shall oil wells, tunnels, mineral excavations, or shafts be permitted upon or in the Property. No derrick or other structure designed for use boring for oil or natural gas shall be erected, maintained, or permitted upon any Lot or any portion of the Property. 5.8 Pets, Livestock and Poultry. No animals, livestock, or poultry of any kind shall be raised, bred, or kept on any Lot, except household pets (in such numbers as the Board may permit) that are not kept, bred, or maintained for any commercial purpose, and provided that they do not become a nuisance or annoyance to any neighbor. No dogs or other pets shall be permitted to defecate on any Common Areas, except any areas designated by the Association, and Owners shall be responsible to clean up any improper defecations. In no event shall dogs be permitted upon the Common Areas unless leashed. For purposes hereof, "household pets" shall mean dogs, cats, caged domestic birds, and fish. Any Owner who keeps a pet thereby agrees to indemnify the Association and hold it harmless against any and all fines, penalties, claims, demands, expenses, costs, obligations, and liabilities of any kind or character arising from or relating to the pet. Pets shall also be subject to applicable rules and regulations. 5.9 Visibility at Intersection. No obstruction to visibility at street intersections or Common Area intersections shall be permitted, and visibility clearances shall be maintained as required by local law. 5.10 Architectural Control. (a) No building, wall, fence, swimming pool, or other structure or improvement of any nature (including landscaping or exterior paint or exterior finish) shall be created, placed, applied, altered, or maintained on any Lot until the construction plans, specifications, and a plan showing the location of the structure, landscaping, and intended exterior materials as may be required by the Architectural Control Board have been approved in writing by the Architectural Control Board named below, and all necessary governmental permits are obtained. (b) Each building, wall, fence, or other structure or improvement of any nature, together with the landscaping, shall be erected, placed or altered upon a Lot only in accordance with the plans and specifications and plot plan so approved by the Architectural Control Board and with applicable governmental permits and requirements. (c) Refusal by the Architectural Control Board (ACB) of approval of plans, specifications and plot plans, or any ofthem, may be based on any ground, including purely aesthetic grounds. (d) Any change in the exterior appearance of any building (including any change in the exterior color of the building), wall, fence, or other structure or improvements, and any change in the appearance of the landscaping, shall be deemed an alteration requiring approval under this provision. 16 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc (e) The Architectural Control Board shall have the power to promulgate such rules and regulations as it deems necessary to carry out the provisions and intent of this paragraph. (f) The Architectural Control Board shall be appointed by the Board of Directors of the Association. A majority of the Architectural Control Board may take any action the Architectural Control Board is empowered to take, may designate a representative to act for the Architectural Control Board, and may employ personnel and consultants to act for it. In the event of death, disability, or resignation of any member of the Architectural Control Board, the remaining members shall have full authority to designate a successor. The members of the Architectural Control Board shall not be entitled to any compensation for services performed pursuant to this covenant. The Architectural Control Board shall act on submissions to it within forty-five (45) days after receipt of the same (and all further documentation required). (g) Without limiting the generality of Section 5.1 hereof, the foregoing provisions shall not be applicable to the Developer or its affiliates or to construction activities conducted by the Developer or such affiliates. 5.11 Exterior Appearance and Landscaping. The paint, coating, stain, and other exterior finishing colors and materials on all residential buildings may be maintained as that originally installed without prior approval of the Architectural Control Board. However, prior approval by the Architectural Control Board shall be necessary before any such exterior finishing color or material is changed. The Lot landscaping (except for that portion to be maintained by the Association, if any), including, without limitation, the trees, shrubs, lawns, flower beds, walkways, and ground elevations, shall be maintained by the Owner or by the Association, as provided elsewhere herein, as originally installed, unless the prior approval for any change, deletion, or addition is obtained from the Architectural Control Board. Lot Owners shall mow grass; edge driveways, sidewalks and curb lines; weed planting areas; broom or remove dirt, clipping, and leaves from walks, drives and roads; and trim hedges which would give the appearance of weekly yard maintenance during peak growing seasons (i.e. may not need weekly mowing in winter months, but leaf raking may be required). 5.12 Vehicles. No vehicle may be parked on the Property except on paved streets and paved driveways. No inoperative vehicles shall be allowed to remain on the Property in excess of forty-eight (48) hours unless kept in a garage and not visible from the street or any other Lot. No commercial truck, van, or trailer, or other commercial vehicle or equipment, and no motor home, house trailer, camper, boat, trailer for boat or other water craft, horse trailer, other recreational vehicle, or any other equipment (whether motorized or towed), (collectively the "Prohibited Vehicles") shall be permitted to be parked or stored at any place on any portion of the Property for a period longer than four (4) consecutive hours unless parked within an enclosed garage or within an area of the Property expressly designated by the Developer for the placement of such vehicles. This prohibition on parking shall not apply to any vehicles of the Developer or its affiliates. For purposes of this Section, a commercial vehicle shall include: (a) any vehicle used by a business for the transportation of goods, equipment, materials and the like, or for the transportation of personnel; (b) any vehicle bearing the name of a business or other signage, commercial markings, or advertising (other than the name and logo of the vehicle's manufacturer); c) any vehicle to which racks, railings, or other devices have been attached for the transportation of materials or equipment (other than the bed of an ordinary pickup truck); (d) any other vehicle not customarily used for personal or family transportation; or e) any vehicle including permanent attachments to the vehicle which exceeds 6 feet 8 inches feet in height. No vehicles or automobiles shall be permitted to be parked or to be stored 17 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc on easement areas, buffer areas, or any drainage easement within the Property. No vehicles or automobiles shall be permitted to be parked or to be stored on road right-of-way within the Property for a period of twelve (12) consecutive hours or it remains in violation for a period of forty-eight (48) nonconsecutive hours in any seven (7) day period, and said time frames shall be cumulative for all vehicles associated with a Lot Owner (i.e. different vehicles can not be rotated in and out of the street). Any vehicle parked in violation of this Section (or the rules and regulations from time to time adopted by the Association to implement this Section) may be towed by the Association at the sole expense and risk of the vehicle's owner if such vehicle remains in violation from the time a notice of violation is placed upon it. The Association shall not be liable to the owner of the vehicle for trespass, conversion, damages, or otherwise, by reason of such towing, and neither removal of the vehicle nor failure to provide notice of the violation to the vehicle's owner shall be grounds for relief of any kind. Once the notice is posted, neither its removal, nor failure of the owner to receive it for any other reason, shall be grounds for relief of any kind. An affidavit of the person posting such notice stating that it was properly posted shall be conclusive evidence of proper posting. 5.13 Garbage and Trash Disposal. No garbage, refuse, trash, or rubbish shall be deposited, dumped, or disposed of within the Property, except as permitted by the Association. The requirements from time to time of the applicable governmental authority for disposal or collection of waste shall be complied with. All equipment for the storage or disposal of such material shall be kept in a clean and sanitary condition. Containers must be no less than twenty (20) gallons, or more than thirty-two (32) gallons in capacity, and well sealed, or otherwise comply with Local Government requirements, if any. Such containers may not be placed out for collection sooner than twenty-four (24) hours prior to scheduled collection and must be removed within twelve (12) hours of collection. No trash container when stored shall be visible from street (i.e. located in garage, back yard, or side yard screened with hedge or fence. In the event that governmental disposal or collection of waste is not provided to individual Lots, garbage, refuse, trash, or rubbish shall be deposited by each Owner in a dumpster designated by the Association and shall be collected by a private entity hired by the Association. 5.14 Fence. No fences on any Lot shall extend toward the front of any Lot beyond a setback of 15 feet towards the rear of a home from the front corner of the home on the Lot that is nearest the front lot line (15' back from the front of the house). The ACB may adjust the setback at their discretion for the fence due to the location of the abutting home, features thereof, or other features on that Lot, such as trees. No fence or wall shall exceed a height of six (6) feet. The composition, location, and height not specified herein of any other fence or wall to be constructed on any Lot shall be subject to the approval of the Architectural Control Board. Fences in the rear yards of Lots abutting retention areas shall be no higher than five (5) feet in height and shall be constructed of black aluminum. Privacy around the perimeter of the aluminum fence shall be accomplished through landscape materials planted inside the fence perimeter (such as vibernum). No stockade or chain link fences shall be permitted on a Lot. All fences shall be made of aluminum or vinyl (PVC) and shall otherwise comply with guidelines promulgated by the ACB. No fence connecting to a perimeter wall shall at the intersection with the perimeter wall exceed the height of the perimeter wall. To the extent tapering is necessary to ensure no fence so exceeds the height of a perimeter wall, such tapering shall commence at a standard rate at least eight feet (8') before the intersection of the fence and wall. The Owner of any Lot containing a fence facing a right-of-way shall plant shrubs (such as vibernum) along the fence, between the fence and the right -of-way except where a gate opening is required including but not limited to fence viewed from the front of the home and fencing along side yards of comer lots. On odd shaped and corner lots, no fence shall be located closer to the right-of-way line than the home, unless approved by the ACB. 18 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 5.15 No Drying. To the extent lawful, no clothing, laundry, or wash shall be aired or dried out of doors on any portion of the Property. 5.16 Unit Air Conditioning. Reflective Materials & Window Treatments. No air conditioning units may be mounted through windows or walls. No building shall have any aluminum foil placed in any window or glass door, or any reflective substance or other materials (except standard window treatments) placed on any glass, except such as may be approved by the Architectural Control Board for energy conservation purposes. No stickers, decals, flags, signs, or lights of any kind shall be placed on inside or outside of windows or doors. No temporary or permanent interior or exterior window treatments shall be allowed such as sheets, cardboard, or newspaper. 5.17 Metal Out Buildings. No out-buildings or sheds of any kind shall be constructed or placed on any Lot. 5.18 Garages. All residences must have at least two-car garages. No carports are permitted. All garage doors must be maintained in operating condition. No garage may be converted to living space without the prior approval of the Architectural Control Board. 5.19 Landscaping. The basic landscaping plan for each house must be submitted to and approved by the Architectural Control Board. St. Augustine sodding and sprinkler system will be required on all yards. Yard shall mean all the land within the property boundaries which is not paved and the land between the property line and the back of curb of the roadway. Meandering sidewalks and street trees shall be placed according to the approved subdivision construction plans. 5.20 Swimming Pools. Any swimming pool constructed on any Lot shall be subject to the following restrictions, reservations, and conditions: (a) On interior Lots, the outside edge of any pool shall be setback from the side and rear Lot lines distances at least equal to the setbacks required for the residence on that Lot either by this Declaration or by applicable zoning restrictions, whichever setback distance is greater. Corner Lots will be reviewed by the Architectural Control Board on an individual basis. (b) Pool screening must be approved in advance by the ACB. (c) No overhead electrical wires shall cross the pool. All pool lights other than underwater lights must be four (4) feet from the edge of the pool. (d) The pool itself must be enclosed with a screen enclosure and otherwise protected as required by applicable laws. 5.21 Antennas and Dishes. No exterior antennas, aerials, satellite dishes, or other apparatus greater than one (1) meter in diameter for the transmission of television, radio, satellite, or other signals shall be placed, allowed, or maintained upon any portion of a Lot. No short wave operations of any kind shall operate from any Lot. Provided, however, the placement and location of antennas, aerials, satellite dishes, or other apparatus that are less than or equal to one (1) meter in diameter shall be subject to 19 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc reasonable restrictions of the Architectural Control Board and when feasible shall be placed out of view from roadway. 5.22 Water Supply System. No individual water supply system shall be permitted on any Lot without the approval of the Architectural Control Board. The above does not restrict the right of any Owner to install, operate, and maintain a water well on the premises for use restricted to swimming pool and/or irrigation purposes. 5.23 Air Conditioning Units. Gas Storage Tanks & Other Exterior Equipment. No gas storage tank or air conditioning units, either central or wall type, shall be placed on the front of any Dwelling, side yard of a corner lot or otherwise placed or located so as to be visible from any public street. All oil tanks, soft water tanks, wood piles, water softeners, well pumps, sprinkler pumps, pool and spa equipment and heaters, and other or similar mechanical fixtures and equipment, shall be placed on the front of any Dwelling, side yard of a corner lot or otherwise placed or located so as to be visible from any public street. 5.24 Waterfront Lots. Owners of Lots fronting retention ponds will not be permitted to construct docks, floating or otherwise, boat davits, pier, or other structures in retention ponds. No swimming or water skiing, and no boats in excess of eighteen feet (18') in length, will be permitted in lakes or retention ponds and no gasoline (combustion) engines will be permitted. If docks on lakes allowed by jurisdiction zoning codes, Owners of Lots shall have all dock structures into lakes approved by ACB. 5.25 Conservation/Preserve Lots. Owners of Lots fronting preserve or conservation areas are prohibited from dumping trash, debris, or landscape material of any kind whatsoever in said area or otherwise disturbing the natural state of said areas. Owners are prohibited from constructing any improvements or structures in said areas (e.g., walkway, fencing, or the like); clearing existing vegetation; or otherwise altering the conservation/mitigative areas without the prior approval of any city, the County, State of Florida and other applicable jurisdictional agencies requiring permit approval. 5.26 Increase in Insurance Rates. No Owner may take any action which will result in an increase in the rate of any insurance policy or policies covering any portion of the Common Areas. 5.27 Casualties. In the event that improvements on a Lot, in whole or in part, are destroyed by casualty or otherwise, or in the event any improvements upon the Common Areas are damaged or destroyed by casualty or otherwise, the Owner thereof or the Association, as the case may be, shall promptly clear all debris resulting therefrom and (subject to the duties and obligations of the Association) commence either to rebuild or repair the damaged improvements in accordance with the terms and provisions of this Declaration. 5.28 Yard Accessories and Play Structures. All yard accessories and play structures, including basketball backboards, treehouses, and any other fixed games, shall be located in the rear yard of the home (behind back wall of the home), except that, in the case of the home on corner Lots, such accessories and structures shall be restricted to the side yard furthest from the side street and to that portion of the rear yard which is no closer to the side street than a fence would be permitted. All yard accessories and play structures on all Lots including side yard views on corner Lots shall be obstructed from view at the street by a 6' solid fence and landscaping approved by the ACB. No permanent 20 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc basketball poles or backboards are permitted. Portable basketball poles and backboards are allowed only when in use and must otherwise be stored out of sight. 5.29 Tree Removal and Landscaping. Except by the Developer, trees measuring six inches (6") or more in diameter at three feet (3') or more above ground level shall not be cut or removed without the prior written consent of the ACB; provided, however, trees located within six feet (6') of the location of the Dwelling as approved by the ACB may be removed without prior approval. More restrictive arbor ordinances or environmental laws shall control in the event of conflict herewith. There shall be no removal of trees or Lot clearing, other than clearing of underbrush, until the ACB has approved in writing a general, conceptual landscape plan that designates those existing trees to be retained and preserved on the Lot. 5.30 Conservation Areas or Tracts. (a) Purpose. The purpose of this deed restriction over the Conservation Areas is to prevent any use of the Conservation Areas that will impair or interfere with the environmental value of these areas. (b) Prohibited Uses. Any activity in or use of the Conservation Areas inconsistent with the purpose of this deed restriction is prohibited. Without limiting the generality of the foregoing, the following activities and uses are expressly prohibited: (i) Construction or placing buildings, roads, signs, billboards or other advertising, utilities or other structures on or above the ground. (ii) Dumping or placing soil or other substance or material as landfill or dumping or placing of trash, waste or unsightly or offensive materials. (iii) Removing, destroying or trimming trees, shrubs, or other vegetation. (iv) Excavating, dredging or removing loam, peat, gravel, soil, rock or other material substances in such a manner as to affect the surface. (v) Surface use, except for purposes that permit the land or water area to remain predominantly in its natural condition. (vi) Activities detrimental to drainage, flood control, water conservation, erosion control, soil conservation, or fish and wildlife habitat preservation. (vii) Acts or uses detrimental to such retention of land or water areas. (viii) Acts or uses detrimental to the preservation of the structural integrity or physical appearance of sites or properties of historical, architectural, archaeological, or cultural significance. (c) Responsibilities. The Developer, its successors and assigns, shall be responsible for the periodic removal of trash and other debris which may accumulate in the Conservation Areas. 21 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc (d) Reserved Rights. Developer reserves unto itself, and its successors and assigns, all rights accruing from its ownership of the Conservation Areas, including the right to engage in or permit or invite others to engage in all uses of the Conservation Areas that are not expressly prohibited herein and are not inconsistent with the purpose of this deed restriction. (e) Rights of District. To accomplish the purposes stated herein, the Developer conveys the following rights to the St. Johns River Water Management District (the District): (i) To enter upon and inspect the Conservation Areas in a reasonable manner and at reasonable times to determine if Developer or its successors and assigns are complying with the covenants and prohibitions contained in this deed restriction. (ii) To proceed at law or in equity to enforce the provisions of this deed restriction over the Conservation Areas and the covenants set forth herein, to prevent the occurrence of any of the prohibited activities set forth herein, and require the restoration of areas or features of the Conservation Areas that may be damaged by any activity inconsistent with this deed restriction. (f) District's Discretion. District may enforce the terms of the restrictions over the Conservation Areas at its discretion, but if Developer breaches any term of these restrictions and the District does not exercise its rights under this restriction, the District's forbearance shall not be construed to be a waiver by the District of such term, or of any subsequent breach of the same, or any other term of this deed restriction, or of any of the District's rights under this deed restriction. No delay or omission by the District in the exercise of any right or remedy upon any breach by Developer shall impair such right or remedy or be construed as a waiver. District shall not be obligated to Developer, or to any other person or entity, to enforce the provisions of this deed restriction. (g) District's Liability. Developer will assume all liability for any injury or damage to the person or property of third parties which may occur in the Conservation Areas arising from Developer's ownership of the Conservation Areas. Neither Developer, nor any person or entity claiming by or through Developer, shall hold District liable for any damage or injury to person or personal property which may occur in the Conservation Areas. (h) Acts Beyond Developer's Control. Nothing contained in this deed restriction over the Conservation Areas shall be construed to entitle District to bring any action against Developer for any injury to or change in the Conservation Areas resulting from natural causes beyond Developer's control, including, without limitation, fire, flood, drought, storm and earth movement, or from any necessary action taken by Developer under emergency conditions to prevent, abate or mitigate significant injury to the Conservation Areas or to persons resulting from such causes. (i) Amendment. The provisions of this deed restriction over the Conservation Area may not be amended without the prior written approval ofthe District. U) Successors. The covenants, terms, conditions and restrictions of this deed restriction over the Conservation Areas shall be binding upon, and inure to the benefit of the parties hereto and their respective personal representatives, heirs, successors and assigns and shall continue as a servitude running in perpetuity with the Conservation Areas. 22 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 5.31 Developer Reservation. Any provisIOn of this Declaration to the contrary notwithstanding, until Developer has completed all of the contemplated improvements and closed the sales of all of the Lots, neither the Owners nor the Association shall interfere with the completion of Developer's planned improvements and the sale of the Lots. Developer may make such lawful use of the unsold Lots and the Common Property, without charge, as may facilitate such completion and sale, including, but not limited to, maintenance of sales and construction trailers and offices, the showing ofthe Lots and the display of signs and the use of Lots for vehicular parking. Without limiting the generality of the foregoing, except only when the express provisions of this Declaration prohibit the Developer from taking a particular action, nothing in this Declaration shall be understood or construed to prevent or prohibit Developer from any of the following: (a) Doing on any property owned by it whatever it determines to be necessary or advisable in connection with the completion of the development of the Property, including without limitation, the alteration of its construction plans and designs as Developer deems advisable in the course of development (all models or sketches showing plans for future development of the Property, as same may be expanded, may be modified by the Developer at any time and from time to time, without notice); or (b) Erecting, constructing and maintaining on any property owned or controlled by Developer such structures as may be reasonably necessary for the conduct of its business of completing said development and establishing the Property as a community and disposing of the same by sale, lease or otherwise; or (c) Conducting on any property owned or controlled by Developer, its business of developing, subdividing, grading and constructing improvements in the Property and of disposing of Lots therein by sale, lease or otherwise; or (d) Determining in its sole discretion the nature of any type of improvements to be initially constructed as part of the Property; or (e) Maintaining such sign or signs on any property owned or controlled by Developer as may be necessary or desired in connection with the operation of any Lots owned by Developer or the sale, lease, marketing or operation of Lots; or (f) Filing Supplemental Declarations which modify or amend this Declaration, which add or withdraw Additional Property as provided in this Declaration, or otherwise limit or impair the Developer from effecting any action which may be required of Developer by any city, the County, or any other federal, state or local governmental or quasi-governmental agency in connection with the development and continuing operation of the Property; or (g) Modifying, changing, re-configuring, removing or otherwise altering any improvements located on the Common Property or utilizing all or portions of the Common Property for construction access or staging (provided that same does not impair existing access or utility services to the Lots); or (h) Causing utilities to be available to all portions of the Property, including, but not limited, to the granting of easements and rights of way as may be necessary to locate, install and maintain facilities and connections. 23 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 5.32 Ramps. No skateboard or bicycle ramp or similar structure shall be permanently installed or maintained overnight on any portion of any Lot located forward of the rear wall of the Dwelling or adjacent to any side street. 5.33 Mailboxes. A mailbox installed by an Owner must be a U.S. Postal Service-approved mailbox that also meets the requirements of the ACB. 5.34 Address Plaque. Each Owner shall maintain on his Lot a plaque containing the street address of the Lot of a size and style approved by the ACB. 5.35 Yard and House Ornaments and Flags. Exterior sculpture, flags, and similar items, including, but not limited to, the following: pink flamingoes or similar displays; landscape bolders; white rocks (tan rocks are approved for mulch material under hedges); driveway lighting; stepping stones; bird baths; water fountains; wall decorations such as family names; wall planters; and swings; must be approved by the ACB; provided, however, that nothing herein shall prohibit the appropriate display of one portable, removable United States flag in a respectful way, or the display in a respectful way on Armed Forces Day, Memorial Day, Flag Day, Independence Day, and Veterans Day, of portable, removable official flags, not larger than 4 1/2 feet by 6 feet, that represent the United States Army, Navy, Air Force, Marine Corps, or Coast Guard. Holiday or religious decorations may be tastefully displayed (as determined by the ACB) between December 1 and January 15. 5.36 Solar Collectors. Solar collectors shall not be permitted without the prior written consent of the ACB. Any approval of the ACB shall require that the solar collectors be so located on the Lot that they are not visible from any Street and that their visibility from surrounding Lots is restricted as much as practical. 5.37 Reconstruction. Any repair, rebuilding, or reconstruction on account of casualty or other damage to any Common Areas or any part or parts thereof shall be substantially in accordance with the plans and specifications for such property and areas as originally constructed or with new plans and specifications approved by the Architectural Control Board. Any repair, rebuilding, or reconstruction on account of casualty or other damage to any improvements or any part or parts thereof shall be substantially in accordance with the plans and specifications for such property and areas as originally constructed or the new plans and specifications approved by the Architectural Control Board, including but not limited to house design, construction materials, paint color schemes, shingle style and colors. ARTICLE VI ENFORCEMENT 6.1 Compliance by Owners. Every Owner shall comply with the easements, restrictions, and covenants set forth herein and any and all rules and regulations which from time to time may be adopted by the Board of Directors. 6.2 Enforcement. Failure of an Owner to comply with such easements, restrictions, covenants, or rules and regulations shall be grounds for immediate action which may include, without limitation, an action to recover sums due for damages, injunctive relief, or any combination thereof. The Association shall have the right to suspend voting rights of defaulting Owners in accordance with this Declaration and with applicable law. The offending Owner shall be responsible for all costs of 24 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc enforcement, including reasonable attorneys' fees actually incurred and court costs. The Water Management District shall have the right to enforce, by a proceeding at law or in equity, the provisions contained in this Declaration which relate to the maintenance, operation and repair of the Surface Water or Stormwater Management System. 6.3 Fines. In addition to all other remedies, in the sole discretion of the Board of Directors a fine or fines may be imposed upon an Owner for failure of an Owner, his family, guests, invitees, or employees, to comply with any covenant, restriction, rule or regulation, provided the following procedures are adhered to: (a) Notice. The Association shall notify the Owner of the alleged infraction or infractions. Included in the notice shall be the date and time of a special meeting of a committee of the Board at which time the Owner shall present reasons why penalties should not be imposed. At least fourteen (14) days' advance notice of such meeting shall be given. (b) Hearing. The alleged violation shall be presented to the committee of the Board, after which that committee shall hear reasons why penalties should not be imposed. A written decision of the committee shall be submitted to the Owner by not later than twenty-one (21) days after the meeting. The Owner shall have a right to be represented by counsel and to cross-examine witnesses. (c) Penalties. The committee of the Board may impose special assessments against the Lot owned by the Owner as follows: The committee may levy fines not to exceed $100.00 for each violation. The fine may be levied for each day a continuing violation continues (and no additional notice or hearing shall be required); provided, however, the aggregate total fine for a violation shall not exceed $5,000.00. (d) Payment of Penalties. Fines shall be paid not later than five (5) days after notice of the imposition or assessment ofthe penalties. (e) Collection of Fines. Fines shall be treated as an Assessment subject to the provisions for the collection of Assessments as set forth herein. (f) Application of Penalties. All monies received from fines shall be allocated as directed by the Board of Directors, subject always to the provisions of this Declaration. (g) Non-Exclusive Remedy. These fines shall not be construed to be exclusive, and shall exist in addition to all other rights and remedies to which the Association may be otherwise legally entitled; provided, however, any penalty paid by the offending Owner shall be deducted from or offset against any damages which the Association may otherwise be entitled to recover by law from such Owner. (h) Applicable Law. To the extent applicable law regulates the imposition of fines by the Association, notwithstanding the procedures, restrictions, and other details prescribed above, the Association's right to impose fines shall conform to, and this provision shall be deemed amended to 25 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc conform to, applicable law; and the Association's right to impose fines shall be coextensive with the maximum right permitted by the law. ARTICLE VII INSURANCE 7.1 Coverage. The Association shall maintain insurance covering the following: (a) Casualty. All improvements located on the Common Areas from time to time, together with any and all fixtures, building service equipment, personal property, and supplies constituting the Common Areas or owned by the Association (collectively the "Insured Property"), which shall be insured in an amount not less than one hundred percent (100%) of the full insurable replacement value thereof, excluding foundation and excavation costs. Such policies may contain reasonable deductible provisions as determined by the Board of Directors of the Association. Such coverage shall afford protection against (I) loss or damage by fire and other hazards covered by a standard extended coverage endorsement; and (ii) such other risks as from time to time are customarily covered with respect to buildings and improvements similar to the Insured Property in construction, location and use, including, but not limited to, vandalism, malicious mischief, and those covered by the standard "all risk" endorsement. (b) Liability . Comprehensive general public liability and automobile liability insurance covering injury, loss, or damage resulting from accidents or occurrences on or about or in connection with the Insured Property or adjoining driveways and walkways, or any work, matters or things related to the Insured Property (including, but not limited to, liability arising from law suits related to employment contracts to which the Association is a party), with such additional coverage as shall be required by the Board of Directors of the Association, but with combined single limit liability of not less than $1,000,000.00 for each accident or occurrence, $100,000.00 per person and $50,000.00 property damage, and with a cross liability endorsement to cover liabilities of the Owners as a group to any Owner, and vice versa. (c) Flood Insurance. Flood insurance covering the Insured Property shall be maintained by the Association if the Development is in a special flood hazard area or if the Association so elects. The amount of flood insurance shall be the lesser of: (I) 100% of the current replacement cost of the Insured Property; or (ii) the maximum coverage available for the Insured Property under the National Flood Insurance Program. (d) Fidelity Insurance or Bonds. Naming the Association as obligee and covering all directors, officers, and employees of the Association shall be maintained by the Association in amount which is the greater of $10,000.00 or the maximum amount of funds that will be in custody of the Association at any time while the bond is in force; notwithstanding the foregoing sentence, however, such fidelity insurance or bond shall not be for an amount less than the sum of three (3) months assessments on all Units and Lots, plus the Association's reserve funds for each person so insured or bonded. (e) Other Insurance. The Association may also maintain worker's compensation or such other insurance as the Board may determine from time to time including officers' and directors' liability insurance. 26 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc Every casualty policy obtained by the Association shall have the following endorsements: (I) agreed amount and inflation guard, (ii) steam boiler coverage (providing at least $50,000.00 coverage for each accident at each location), if applicable, and (iii) an appropriate endorsement covering the costs of changes to undamaged portions of the improvements (even when only a portion thereof is damaged by an insured hazard) if any applicable construction code requires such changes. 7.2 Additional Provisions. All policies of insurance and fidelity bonds shall provide that such policies and bonds may not be canceled or substantially modified without at least thirty (30) days prior written notice to all of the named insureds, including all mortgages of Units and Lots, including each service that services a Federal National Mortgage Association owned mortgage encumbering a Unit and Lot located in the Development. 7.3 Premiums. Premiums upon insurance policies purchased by the Association shall be paid by the Association as a common expense, except that the amount of increase in the premium occasioned by misuse, occupancy, or abandonment of anyone or any other action or omission of, particular Owners shall be assessed against and paid by such Owners. Premiums may be financed in such manner as the Board of Directors deems appropriate. ARTICLE VIII NOTICES 8.1 Notices to Member or Owner. In addition to such other manners for providing notice as are permitted or prescribed in this Declaration, the Bylaws, or the Articles of Incorporation, any notice required to be sent to any Member or Owner under the provisions of this Declaration shall be deemed to have been sent when personally delivered or mailed, postage-paid, to the last known address of the person who appears as Member or Owner on the records of the Association at the time of such mailing. ARTICLE IX STANDARD DEVELOPMENT AND ANNEXATION 9.3 Annexation of Additional Property. At any time while there is Class B Membership, the Developer, in its sole discretion, may subject or cause to be subjected, other real property to the lien and scope of this Declaration ("Additional Property"). Additional Property may be subjected hereto by a recitation to that effect in a supplemental declaration which need be executed only by the Developer and the owner of such real property (if not the Developer) and shall be effective upon the recording of the supplemental declaration in the Public Records of the County. The joinder, execution, or consent of the Association or any Owners shall not be required. The supplemental declaration shall describe the real property which is being made subject to the lien and scope of this Declaration and shall contain such other terms and provisions as the Developer deems proper. Upon the recording of a supplemental declaration adding Additional Property to the lien and scope of this Declaration, the Additional Property described therein shall be owned, held, sold, conveyed, leased, mortgaged, and otherwise dealt with, subject to the easements, covenants, conditions, restrictions, liens, terms and provisions contained in this Declaration and shall be considered "Property" as fully as though originally designated herein as Property. After the time that Class B Membership ceases to exist, the Association shall have all of the foregoing rights to add Additional Property, except that such rights may be exercised only upon the affirmative vote of seventy- five percent (75%) of the Members. Such annexation shall otherwise be accomplished as set forth above for annexations by the Developer, shall have the same affect and shall become effective upon the 27 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc recording of an amendment to this Declaration evidencing the annexation in the Public Records of the County . 9.4 Platting. As long as there is a Class B membership, the Developer shall be entitled at any time and from time to time, to plat and/or replat all or any part of the Property and to file subdivision restrictions and/or amendments thereto with respect to any undeveloped portion or portions of the Property or Development without the consent or approval of an Owner. 9.5 Amendment. The provisions of this Article IX cannot be amended without the written consent of the Developer, and any amendment of this Article IX without the written consent of the Developer shall be deemed null and void. ARTICLE X PARTY WALLS AND OTHER SHARED STRUCTURES 10.1 Definition of Party Wall. Each wall, including patio walls, fence, driveway or similar structure which is built as part of the original construction of the homes upon the Property and placed on the dividing line between the Lots shall constitute a party wall, and, to the extent not inconsistent with the provisions of this Article, the general rules of law regarding party walls and liability for property damage due to negligence or willful acts or omissions shall apply thereto. 10.2 Sharing of Costs of Maintenance. The cost of reasonable repair and maintenance of a party wall shall be shared by the adjoining Owners of such wall in proportion to the use thereof, without prejudice, however, to the right of any Owner to call for a larger contribution from the adjoining Owner under any rule of law regarding liability for negligent or willful acts or omissions. 10.3. Destruction of a Party Wall. If a party wall is destroyed or damaged by fire or other casualty, any Owner who has used the wall may restore it, and if the other Owners thereafter make use of the wall, they shall contribute to the cost of restoration thereof in proportion to such use without prejudice, however, to the right of any such Owners to call for a larger contribution from the others under any rule of law regarding liability for negligent or willful acts or omissions. 10.4 Liability for Negligent or Willful Acts. Notwithstanding any other provision of this Article, an Owner, who, by his negligent or willful act, causes any party wall to be exposed to the elements shall bear the whole cost of furnishing the necessary protection against such elements. 10.5 Right of Contribution Runs With the Land. The right of any Owner to contribution from any other Owner under this Article shall be appurtenant to the land and shall pass to such Owner's successors in title. 10.6 Restriction on Improvements to Party Wall. In addition to meeting the Owner requirements of this Declaration and of any building code or similar regulations or ordinances, any Owner proposing to modify, make additions to or rebuild in any manner which requires the extension or other alteration of any party wall, shall first obtain the written consent of the adjoining Owner. 28 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc 10.7 Resolution of Disputes Between Owners as to Party Walls. In the event of a dispute between the Owners with respect to the repair or rebuilding of a party wall or with respect to the sharing of the cost thereof, then, upon written request of one such Owner addressed to the Association, the matter shall be submitted to arbitration under such rules as may from time to time be adopted by the Association. If no such rules have been adopted, then the matter shall be submitted to three arbitrators, one chosen by each of the Owners and the third by the two so chosen, or, if the arbitrators cannot agree as to the selection of the third arbitrator within five (5) days, then by any Judge of the Circuit Court of Seminole County, Florida. A determination ofthe matter signed by any two of the three arbitrators shall be binding upon the Owners, who shall share the cost of arbitration equally. In the event one party fails to choose an arbitrator within ten (10) days after personal receipt of a request in writing for arbitration from the other party, then the other party shall have the right and power to choose both arbitrators. 10.8 Binding Effect. These covenants contained in this Article VII shall be binding upon the heirs and assigns of any Owners but no person shall be liable for any act or omission respecting any party wall except such as took place while an Owner. 10.9 Rules and Regulations. The Association may by its By-Laws, rules or regulations, govern the use of party walls by Owners, if necessary, to prevent the imposition of annoyances between Owners. ARTICLE XI GENERAL PROVISIONS 11.1 Duration. The easements, conditions, covenants, and restrictions of this Declaration shall run with and bind the Property, and shall inure to the benefit of and be enforceable by the Developer, the Association, the Architectural Control Board, and the Owner of any land subject to this Declaration, and their respective legal representatives, heirs, successors, and assigns, for a term of ninety-nine (99) years from the date this Declaration is recorded, after which time said covenants shall be automatically extended for successive periods of ten (10) years each unless an instrument signed by the then Owners of seventy-five percent (75%) of all the Lots subject hereto has been recorded, agreeing to revoke this Declaration. Provided, however, that no such agreement to revoke shall be effective unless made and recorded three (3) years in advance of the effective date of such revocation, and unless written notice of the proposed agreement is sent to every Owner at least ninety (90) days in advance of any action taken. 11.2 Association Powers. The Association shall have all powers of a corporation not-for- profit set forth in Chapter 617, Florida Statutes. 11.3 Enforcement. Enforcement of these easements, conditions, covenants, and restrictions shall be accomplished by either the Developer, the Association, or any Owner by any proceeding at law or in equity against any person or persons violating or attempting to violate any covenants or restriction, either to restrain violation or to recover damages, and against the Lots to enforce any lien created by these covenants; and failure by the Developer, the Association, or by any Owner to enforce any covenant or restriction herein contained shall in no event be deemed a waiver of the right to do so thereafter. Court costs and reasonable attorneys' fees for a proceeding at law or in equity to enforce this Declaration, including any appeal thereof, shall be borne by the Owner( s) against whom the suit has been filed. In addition to all remedies expressly provided in this Declaration, the Developer and the Association shall have the right to enforce this Declaration by all remedies (including without implied limitation the imposition of fines and penalties) that may be permitted in 617.301 et~, Florida Statutes, as amended; 29 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3 ).doc and this Declaration shall be deemed to include all procedures and conditions prescribed by those statutes for the exercise of the statutory remedies. 11.3 Severability. Invalidation of anyone of these covenants or restrictions or any part, clause, or word hereof, or the application thereof in specific circumstances, by judgment or court order shall not affect any other provisions of applications in other circumstances, all of which shall remain in full force and effect. 11.4 Amendment. Except in the case of the Developer's annexation of Additional Property as provided for in Section 9.3 above, the covenants, restrictions, easements, conditions, charges, and liens of this Declaration may only be amended, changed, or supplemented by approval at a meeting of Owners holding not less than seventy-five percent (75%) of the votes of the membership in the Association; provided, however, that so long as the Developer or its affiliates is the Owner of any Lot affected by this Declaration the Developer's consent must be obtained if such amendment, in the sole opinion of the Developer, affects Developer's interest. In the event MIl HOMES OF ORLANDO, LLC., is not the Developer, no amendment may be made which, in the opinion of Mil HOMES OF ORLANDO, LLC, adversely affects its interest, without its consent. Further, no provision of this Declaration may be amended if such provision is required to be included herein by any law. The foregoing three (3) sentences may not be amended. Any amendment to the Covenants and Restrictions which alter any provision relating to the Surface Water or Stormwater Management System, beyond maintenance in its original condition, including the water management portion of the Common Areas, or that affects any conservation easement, must have the prior approval of the Water Management District. The Developer shall have the right at any time within six (6) years from the date hereof to amend this Declaration to correct scrivener's errors and to clarify any ambiguities determined to exist herein. No amendment shall impair or prejudice rights or priorities of any Institutional Lender without their written consent. 11.5 Effective Date. This Declaration shall become effective when recorded in the Public Records of the County. 11.6 Withdrawal. The Developer reserves the right to amend this Declaration at any time, without prior notice and without the consent of any person or entity, for the purpose of removing certain portions of the Property then owned by the Developer or its affiliates or the Association from the provisions ofthis Declaration to the extent included originally in error or as a result of reasonable changes in the plans for the Property desired to be effected by the Developer. 11.7 Conflicts. This Declaration shall take precedence over conflicting provisions in the Articles of Incorporation and Bylaws of the Association, and the Articles shall take precedence over the Bylaws. 11.8 Standards for Consent. Approval. Completion. Other Action and Interpretation. Unless otherwise provided herein, whenever this Declaration shall require the consent, approval, completion, substantial completion, or other action by the Developer or its affiliates, the Association or the Architectural Control Board, such consent, approval or action may be withheld in the sole and unfettered discretion of the party requested to give such consent or approval or take such action, and all matters required to be completed or substantially completed when such matters have been completed or 30 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc substantially completed in the reasonable opinion of the Developer or Association, as appropriate. This Declaration shall be interpreted by the Board of Directors and an opinion of counsel to the Association rendered in good faith, provided that the particular interpretation is not unreasonable, shall establish the validity of such interpretation. 11.9 Easements. Should the intended creation of any easement provided for in this Declaration fail by reason of the fact that at the time of creation there may be no grantee in being having the capacity to take and hold such easement, then any such grant of easement deemed not to have been so created shall nevertheless be considered as having been granted directly to the Association as agent for such intended grantee for the purpose of allowing the original party or parties to whom the easements were originally intended to have been granted the benefit of such easement and the Owners designate hereby the Developer and the Association (or either of them as their lawful attorney-in-fact) to execute any instrument on such Owners' behalf as may hereafter be required or deemed necessary for the purpose of later creating such easement as it was intended to have been created herein. Formal language of grant or reservation with respect to such easements, as appropriate, is hereby incorporated in the easement provisions hereof to the extent not so recited in some or all of such provisions. 11.10 Covenants Running With the Land. Anything to the contrary herein notwithstanding, it is the intention of all parties affected hereby (and their respective heirs, personal representatives, successors and assigns) that these covenants and restrictions shall run with the land and with title to the Property. If any provision or application of this Declaration would prevent this Declaration from running with the land as aforesaid, such provision and/or application shall be judicially modified, if at all possible, to come as close as possible to the intent of such provision or application and then be enforced in a manner which will allow these covenants and restrictions to so run with the land; but if such provision and/or application cannot be so modified, such provision and/or application shall be unenforceable and considered null and void in order that the paramount goal of the parties affected hereby (that these covenants and restrictions run with the land as aforesaid) be achieved. 11.11 Management Contract. At such time as it sees fit, the Association is hereby authorized to enter into an agreement with a management company (which may be an affiliate of the Developer) to provide for the management and maintenance of the Property, in which case each Owner shall be assessed for his Lot's share of the management fees, in accordance with the assessment provisions contained in this Declaration. Signature on Following Page 31 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc EXECUTED as of the date first above written. Signed, sealed and delivered in ilie presenc~: Mil HOMES OF ORLANDO, LLC ~r/ U /Iv rll s By: fJ tlllM A p(,~,4t Print Name: 6" 12 . L It. Dana A. Bennett t/iftj~ft ~ Regional President PrmtName: J V ' '. ~ STATE OF FLORIDA COUNTY OF SEMINOLE The foregoing instrument was acknowledged b~re me, an officer duly authorized in the State and County aforesaid to take acknowledgments, this 12! ay of $'" ~ 2007 , by Dana A. Bennett, as Regional President of MIl Homes of Orlando, LLC, a Florida limited liability company, executing the foregoing instrument on behalf of ~ limited liability company, freely and voluntarily and for the purposes stated herein. He is (a) _ personally known to me or (b) _ produced as identification. WITNESS my hand and official seal in the County and State aforesaid this J.z!!:... day of .... -;;;;;€ ,20~. NOTARY PUBLIC Si nature: NOTARY I'UBUC S d M Print Name: 5A.AJb~ ~A"Q5 ft an ra . Caballo. Commission # 00615175 Notary Public, State of lorida . I Expire. December 28, 2010 My Commission Expires: ~t O~IDA IloIIded Troy F.1n InsUIIllal, Inc 800031507019 32 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc EXHIBIT "A" LEGAL DESCRIPTION OF THE PROPERTY 33 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3 ).doc I 1-1'- < I- eci zv;:: < W ~ - 0 :) z ~ 01-001 0 ~z I- 0 :=I~O a..o~15 W I-..<::l In ~o~~w <~~I ~el-I-;::~ ~ en c 0 Z NI-Ol-~Wlnl Z Ul~ ~~~~~~~~~~:5~z~~~~~&~ ~~ z~~Ww ~~I-Wo~ O~~OI~w~ ~~ 00 wuw~~wz ~I-~~~I-o~w OUl l=~jEC~: enUl~::qj~~~<r..:W5 I ~[D ~~ ~<~ffil-~oo~ 1-~~<OWN~~~Ul~ Wo (/). ~ln W a..jE~ .0 ~I- In .Z a.. 15 N Z en < I- ~ Ij ~ < 0 Q ~ C~OO N e~W~1- ~ O~<~ZI- I-cO -__ <~Z<N O~W Z .0 <Z <N ~I-~~ ~~Ul~e oUOow~~~a..5 ~ ~Ul~W ~ ~<<Ul~1- Ul-~O~o.. o..Z ~Z'" : lnW~OUlI'-W~I-!z~g:::c~UW 0 O<Z~NZ~OW~V~I-~Ol-Ul~~ ~ ~i= ~a:0~. :=I...J...JUZI- ~o..(/) ~<ZI- I-U - ~~[D~~<ZOOZ~ Cen...J~O W OUl I-~ X~W~;::<~...JO~g~ ~ffi~l=~ I-~ ln~Wlnenu;:: I- . <o..l-...J< WwuU[D _ Ul ~I-~OO - ~NI- ~O ;::...JZ ~IOO;::O~O~I-W~~~ZW ~Z :I:WWW(/)~~O . 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U OZ~ __w w<- Ww UlWFlt... ...J I-[DWOZ (/) I- WUa:NcO::i:~U~~U o~~~ zF 0 0 a::oo OW~ uz . vOa:::zo z a::~o::Z Wi= z a..~w ~~w~~~o~,w~~~wffi~o~l5~~w ~ ...J 1-00 ::i:~jEenwl-z~~~~I-::lFI-I-!zZw~ZUl 0 <uz ~o [D~WWOozow~5~5oWZln~0 :::c ~w< u<~lno..~~~a::o<~<ln;::Ula..~::lca:d a:: a:: (/) EXHIBIT "B" ARTICLES OF INCORPORATION [See attached] 34 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc EXHIBIT 'B' ., 407 647 8541 P.OO2/011 APR-23-Z007 11:17 , . . .. (((H070001076583))) ~ ARTICLES OF INCORPORATION OF RlVERVIEW TOWNHOME OWNERS ASSOCIA TION, L~C. A Florida Corporation Not For Profit The undersigned incorporator. a resident of the State of Florida and offulJ age. hereby makes. subscribes. acknowledges and files with the Department of State of the State of Florida these Articles of Incorporation for the purpose offorming a corporation not for profit under the laws of the State of Florida. ARTICLE [ NAME The name of this corporation is' RIVERVIEW TOWNHOME OWNERS ASSOCIATION, INC., a Florida corporation Dot for profit. (hereinafter called the "Association"). ARTICLE. U OFFICE AND REGISTERED AGENT This Association's principal office.is 300 Colonial Center Parkway, Suite 200. Lake Mary, Florida 32746, and its registered agent and office is Coldwell Banker Commercial NRT. 90 IN. ~c Destinv Dr. Maitland....fL 3275]. Both this Association's principal office and registered agent may be changed from time to time by the Board of Directors as provided by law. ARTICLE fir PURPOSE This Association does not contemplate pecuniary gain or profit to its members and the specific pu:rposes for which it is fonned are to p.rovide for the mamtenance, preservation and architectw"a.l control of all common areas and other residence lots within that certain tract of property (hereinafter called the "Property"') in Seminole COWlty. Florida. being more particularly described in 1 (((H070001076583))) -- --- APR-23-2007 11: 17 GRAHAM BUILDER 407 647 8541 P.003/011 . .. (((H070001076583))) I I the Declaration (defined below). and any other property brought within the jurisdiction of the Association pursuant to the Declaration. ARTICLE lV POWERS Without limitation this Association is empowered to: (a) Declaration. Exercise all rights, powers~ privileges and perform all duties, of this Association set forth in that certain Declaration of Easements, Covenants, Conditions, and Restrictions for Riverview Townhomes (hereinafter called the "Declaration"') applicable to the Property and to be recorded in the Public Records of Seminole County, Florida and as the same may be amended from time to time as 'therein provided. said Declaration being incorporated herein as if set forth. in full, including, without limitation. the power to sue and be sued. (b) PropertY. In any lawful manner, acquire~ own. hold. improve, manage, operate, maintain. repair, replace, operate, convey, sell.leasc. tranSfer. assign, and otherwise dispose ..- of propeny of any oatute whatsoever, real, personal, or mixe~ tangible or intangible, in connection with this Association's affairs. subject to any limitations set forth in the Declaration and the By.La.ws ofthc Association. (c) SeIvice and Maintenance ContraCts. Enter into contracts with third parties to pTovide I operation and maintenance services to the Association and the'Common Area. I (d) Assessments. Fix, levy. collect, and enforce by any lawful means all charges or assessments established by, or pursuant to. the Declaration; and to use and expend the proceeds of assessments in the exercise of its powers and duties hereunder. 2 (((H070001076583))) APR-Z3-2007 11: 17 GRAHAM BUILDER 407 647 8541 P.OOVOll . . (((H070001076583))) i (e) Costs. Pay all costs, expenses, and obligations lawfully incurred in connection with this Association's affairs including. without limitation, all licenses. taxes. or other iovemmental charges levied or imposed against this Association's property. (t) Borrowing. Borrow money and, with the approval of two-thirds of each class of members,. mortgage, pledge. deed in trust, hypothecate, assign, grant security interests in, or otherwise transfer any or all of its property as security for money borrowed, debts incurred, or any of its other obligations. (g) Dedications. With the affinnative vote of seventy-five percent (75%) of the members. dedicate, sell or transfer all or any part of its property to any public agency, . . .. , authority. or utility for such purposes, and subject to such conditions, as seventy-five percent , : "; .: (75%) of the members (by vote) detennine. (h) Mcr~ers. With the approval of two-thinis (2/3) of the members, participate in ~ ~! . . .' . .. mergers and consolidations with other non-profit corporations ocganized for similar . . purposes. ,. (i) Rules. From time to time adopt. alter. amend, rescind, and enforce reasonable rules and regulations governing the use of the Lots. Common Area. and any Association property consistent with the rights and duties established by the DeclCU'ation and these Articles. 0> General. Have and exercise all common law rights, powers, and privileges and those that a corporation not for profit may now or hereafter have or exercise under the laws of the State of Florida, together with aU other righ~ powers~ and privileges reasonably to be implied from the existence of any right. power. Of privilege so granted. or granted by the 3 (((H070001076583))) - -- -- - - APR-23-2007 11: 17 GRAHAM BUILDER 407 647 8541 P.005/011 .. ~ (((H07000l076583))) Declaration or these Articles. or reasonably necessary to effectuate the exercise of any right, power, or privilege so granted. (k) Enforcement. .Enforce by legal means the obligations of the members of [he corporation~ the provisions of the Declaration. and the provisions of a dedication or conveyance of the Association property to' the corporation with respect to the use and maintenance thereof. (1) Drainage System. Operate, maintain and manage the surface water or stormwater management system(s) in a manner consistent with the requirements of the St. Johns River Water Management District permit issued by the District and with applicable District rules, I and assist in the enforcement of the Declaration of Covenants and Restrictions which relate to the surface water or stormwater management system. The Association shall levy and . collect. adequate assessments against members. of the Association for the costs of. . maintenance and operation of the surface water or stormwatet m<Ul.a8cment system. ARTICLE V MEMBERSHIP , . Every person who from time to time holds the record fee simple title to, or any undivided fee simple interest in. any Lot that is subject to the provisions of the Declaration is a member of this Association, including contract sellers, but excluding all other persons who hold any interest in any Lot merely as security for the performance of an obligation. An Owner of more than one Lot is entitled to one membership for each Lot owned. Membership is appurtenant to, and may not be separated from, ownel'Smp of at least one Lot that is subject to the provisions of the Declaration, and 4 (((H070001076583))) - -- - -- - APR-23-2007 11: 18 GRAHAM BUILDER 407 647 8541 P . 006/0 11 .. : (((H070001076583))) membership may not be transferred other than by transfer of title to such Lot. Each..membership is transferred automatically by conveyance of title of 8 Lot. ARTICLE VI VOTING RIGHTS The Association shall have two classes of voting membership: Ct~A. Class A members shall be all Owners.. with the exception of the Developer (as defined in the Declaration), and shaH be entitled to one vote for each Lot owned. When more than one person holds an interest in any Lot. all such persons shall be members.. The vote tor such Lot shall be exercised as they determine, but in no event shall more than one vote be cast with respect to any Lot I Class B. The Class Bmember shalt be the Developer ( as defined in the Declaration), I ..' and shall be entitled to three (3) votes for each lot owned. The Class B membership shall . , . . cease and be converted to Class A membership on the happening oftbc following events, whichever occurs earlier: (8) when the total votes outstanding in the Class A membership equal the total votes outstanding in the Class B membership~ (b) on the anniversary date seven (7) years from the date when the first Lot is conveyed to an individual purchaser; or (c) At the ele<:tion of the Developer evidenced by a written waiver. ARTICLE vn BOARD OF DIRECTORS Section 1. This Association's affairs are managed by a Board of Directors initially composed of three (3) Directors. The number of Directors from time to time may be changed by 5 . (((H070001076583))) APH-23-2007 11:18 GRAHAM BUILDER 407 647 8541 P. 007/011 . . ; (((H07000 1 07658 3))) amendment to this Asscciation's By-Laws, but at all times it must be an odd number of three (3) or more but not to exceed five (5). The Directors named below (Initial Directors) shall serve until this I Association's first annual meeting. the dare tbr which shall be set by the Initial Directors. The term I of office for all Directors, with the exception of the Initial Directors, is one year. Before any such annual meeting. all vacancies occurring on the Board of Directors. if any. will be filled by majority vote of the remaining Directors, even if less than a quorum.. Any Director may succeed himself or herself in office. All Directors wiU be elected by secret written ballot. Each member may cast as many votes for each vacaru;yas such member has; and the person receiving the largest number of votes cast for each vacancy i$ electt:d. Cumulative voting is not permitted. Directors need not be Assoc::iation members. Other provisions pertaining to the nomination, election, voting and the noticing and scheduling of meetings for the election of Directors are set forth in this Association's Bylaws. Section 2. The names and addresses of the persons who will serve as Directors until their successors have been duly elected and qualify, unless they soona die. resign, or are removed, are: Eric K. Wi lis 300 Colonial Center Parkway. Suite 200 Lake Mat'}', Florida 32746 Katherine H. Anderson 300 Colonial Center Parkway. Suite 200 Lake Mary. Florida 32746 CoUeen Maguire 300 Colonial Center Parkway, Suite 200 Lake Mal)'. Florida 32746 Section 3. Every Director shall be indemnified by this Association against all expenses and liabilities, including attorney fees (at all trial and appellate levels) reasonably incWTed by. 6 (((H07000 107658 3))) ---- APR-23-2007 11:18 GRAHAM eu I LDER 407 647 8541 P.OO8/011 . . .' (((H070001076S83))) .I. I I asserted against. or imposed upon him in connection with any proceeding, litigation. or sen1<:mcnt in which he may become involved by reason orms being or having been a Dircctor oftbis Association. or arising in connection with the perfonnancc ofbis duties as a Director. The foregoing provisions for indemnification !lhall apply whether or not he is a Director at the time such expenses are incurred. I Notwithstanding the above. in instances where a Director admits or is adjudged guilty of willful I misfeasance or malfeasance in the performance ofms duties, or of any involving criminal liability, the indemnification provisions of these Articles shall not apply. Otherwise. the foregoing rights to indemnification shall be in addition to and not exclusive of any and aU rights of indemnification to which a Director may be entitled whether by statute Or common law. ARTICLE vm INCORPORATOR '. The nmne and address of the incorporator is: Eric K. WiUs 300 Colonial Ceoter Parkway, Suite 200 Lake Mary, Florida 32746 ARTICLE IX DISSOLUTION This Association may be dissolved in the manner from time to time provided by the laws of the State of Florida and with the assent given in writing and signed by not less than two-thirds (213) of each class ofmcmbers. Upon dissolution of this Association in any manner other than incident to a merger or consolidation.. aU of this Association's assets must be dedicated to an appropriate public agency to be used for purposes similar to those for which this Association was created. If dedication is refused, such assets must be granted, conveyed. and assigned to any nonprofit corporation. association. trust. or other organization to be devoted to such similar pmposes. In no event. however 7 (((H070001076583))) --- I 11: 19 GRAHAM BUILDER 407 647 B541 P . 009/0 11 APR-23-2007 , . (((H070001076583))) .j I I may any assets inure to the benefit of any member or other private individual. In the event of . termination. dissolution or final liquidation of the Association, the responsibility for the operation and maintenance of the Surface Water or Storm Water Management System must be transferred to and accepted by an entity which would comply with Section 4OC-42.027. F.A.C., and approved by I I the St. Johns River Water Management District prior to such rennination. dissolution or liquidation. i ARTICLe x DURATION Existence of the Association shall commence with the filing of these Articles of Incorporation with the Secretary of State. Tallahassee. Florida. The Association shall exist in perpetuity . ARTICLE XI BY-LAWS . .. This Association's By-Laws initially will be adopted by the Board of Directors. Thereafter. I .' I the By-Laws may be altered, amended. or rescinded with the approval of seventy-five percent (75%) of each class of members. except as to those provis.ions for amendment to the By-Laws which are [' provided in the Declaration or any Supplemental Declaration in which case those provisions shall ! control such amendments. I , ARTICLE XII I I AMENDMENTS I . Amendments to these Articles may be proposed and adopted in the manner from time to time provided by the laws of the State of Florida, provided that each such amendment must have the approval in writing of two-tbirds (213) of all Lot Owners. except as to those provisions for , I I 8 (((H07000 1 07658 3))) --~ -- I APR-23-2007 11:19 GRAHAM BUILDER 407 647 8541 P.OiO/OII \. . (((H07000 1 076583))) amendment to the By- L:lwS which are provided in the Declaration or any Supplemental Declaration in which case those provisions shall control such amendments. ARTICLE XIII INTERPRETATION Express reference is made to'the Declaration where necessary to interpret, construe, and clarify the provisions of the Articles. Without limitations, all tenns defined in the Declaration have the same meaning where used in these Articles. By subscribing and. filing these Articles. the incorporators intend its provisions to be consistent with the provisions of the Declaration and to be interpreted, construed. and applied with those of the Declaration to avoid inconsistencies or conflicting results. IN WITNESS WHEREOF, for the purpose of forming this corporation under the laws of the State of Florida. I, the undersigned, constituting .the incorporator of this Association, have executed these Articles of Incorporation this --211- day of I I STATE OF \="Io...j J.-. COUNTYOF S~_-'~~a The foregoing instrument was acknowledged befOre me this b 'h day of pP,..; , , ~ric K. Wills, as the incorporator of Riverview Townhome Owners Association, Inc. He is ~ known to me or has produced as identification. . ~'~ -p--- NaIIry~SlIteofFICIndll ary Ii~ ~, JennlferTom riDt N e:s"" .,j ~r T. ~ '7:.) ~~~ My Commission No.: ~ () &:) ~ go ~ .;lL..j !III l My Commission Expires: &" Z 3/2.oI~ 9 (((H07000 107658 3))) APR-23-2007 11: 19 GRAHAM BUILDER 407 647 8541 P. 0 t va 1 t .. , (((H070001076583))) . ' . .:-. CER11FICA TE DESIGNATING PLACE OF BUSINESS OR DOMICILE FOR THE SERVICE OF PROCESS WITHIN THE STATE OF FLORIDA AND NAMING I mE REGISTERED AGENT UPON WHOM PROCESS MAYBE SERVED. I I I RIVERVIEW TOWNHOME OWNERS AS SOCIA TYON, INC., desiring to organize under I the laws of the State of Florida, as a corporation not for profit with its principal office, as indicated in its Articles ofIncorporation, at 300 Colonial Center Parkway, Suite ZOO, Lake Mary. Florida 32746. has named Coldwell Banker Commercial l'{RT. 901 N. Lake De.<ttiny Dr. Maitland. FL 32751. as its rcgistcted agent to accept service of process within Florida. ACCEPTANCE Having been named to accept service of process for the foregoing corporation at the place I designated in this certificate, J hereby agree to act in this capacity. and 1 further agree to comply with I the provisions of all statutes, including the duties and obligations imposed by Section 607.0505, I relative to the proper and complete performance of my duties. 10 (((H070001076583))) TOTAL P.Oll - 850-2U~:"03Bl . 47247 20U'/ 11 : 7!~ -l-'AGt:- 001700:3 -I'lorida- uept or t>tate Ha .~...".~B I ofjA{ B u ~tatt~~ ~ 0.. 'b I Ie;. ',',' =:_~u ~l a B a a a B a Itpartmrnt of itatr H a I certify from the records of this office that RIVERVIEW TOWNHOME OWNERS . I ASSOCIATION, INC. is a corporation organized under the laws of the State ~ of Florida, filed on April 23, 2007. ~ The document number of this corporation is N07000004103. B a I further certify that said corporation has paid all fees due this office B a through December 31, 2007, and its status is active. ~ ~ I further certify that said corporation has not filed Articles of ~ ~ Dissolution. ~ ~ I further certify that this is an electronically transmitted certificate ~ ~ authorized by section 15.16, Florida Statutes, and authenticated by the ~ a code, 607A00027680-042407-N07000004103-1/1, noted below. a I Authentication Code, 607A000276,80-042407-N07000004103-1/1 I a a I a a B itIi Given under my hand and the ~ Great Seal of the State of Florida, ~ at Tallahassee, the Capital, this the ~ Twenty-fourth day of April, 2007 B Ii a 1&.urt ~. ~romntng . RRRR~~~~RRI 850-2"00:"0381 .4724720"0'/ 1l.:1l0 - fJAGt:- 0"027 00::3 -I'lorida- Uept orbtate aHaa~H~H.N""". I ofjf( B I ~tatt~ ~-~. Oriba I a B B a B Irpartmpnt of itat, a ~ I certify the attached is a true and correct copy of the Articles of a ~ Incorporation of RIVERVIEW TOWNBOME OWNERS ASSOCIATION, INC., a Florida a corporation, filed on April 23, 2007, as shown by the records of this office. a ~ I further certify the document was electronically received under FAX aUdit~ number 807000107658. This certificate is issued in accordance with ~ section 15.16, Florida Statutes, and authenticated by the code noted below~ ~ The document number of this corporation is N07000004103. ~ :Site: ~ Authentication Code: 607A00027680-042407-N07000004103-1/1 ~ R . a a a ~ a R I ~ R B a Given under my hand and the B Great Seal of the State of Florida, a at Tallahassee, the Capital, this the Twenty-fourth day of April, 2007 B . . kurt iP. 1Sro'mntng . ~RH~;~R~ 850-2Uo:"'0381 - 4724720U'/1l:71O -PAG.t-0037003 -rlorida-lJept orstate April 24, 2007 FLORIDA DEPARTMENT OF STATE DlVlsion of Corporations RlVERVIEW TOWNHOME OWNERS ASSOCIATION, INC. 300 COLONIAL CENTER PARKWAY SUITE 200 LAKE MARY, FL 32746 The Articles of Incorporation for RlVERVIEW TOWNHOME OWNERS ASSOCIATION, INC. were filed on April 23, 2007, and assigned document number N07000004103. Please refer to this number whenever corresponding with this office. Enclosed is the certification requested. To be official, the certification for a certified copy must be attached to the original document that was electronically submitted and filed under FAX audit number H07000107658. A corporation annual report/uniform business report will be due this office between January 1 and May 1 of the year following the calendar year of the file/effective date year. A Federal Employer Identification (FEI) number will be required before this report can be filed. Please apply NOW with the Internal Revenue Service by calling 1-800-829-3676 and requesting form SS-4 or by going to their website at www.irs.ustreas.gov. Please be aware if the corporate address changes, it is the responsibility of the corporation to notify this office. Should you have questions regarding corporations, please contact this office at the address given below. Justin M Shivers Document Specialist New Filings Section Division of Corporations Letter Number: 607AOO027680 P.O BOX 6327 - Tallahassee, Flonda 32314 EXHIBIT "C" BYLA WS [See attached] 35 C:IDocuments and SettingslkandersonlMy DocumentslRiverviewlDeclaration v2 by kha (3).doc EXHIBIT 'C' BYLA WS OF RIVERVIEW TOWNHOME OWNERS ASSOCIATION, INC. ARTICLE I NAME AND LOCATION The name of the corporation is Riverview Townhome Owners Association, Inc., (the "Association"). The principal office of the corporation shall be located at 300 Colonial Center Parkway, Suite 200, Lake Mary, FL 32746, or at such other place as is designated by the Board of Directors of the Association (the "Board"), but meetings of members and directors may be held at such places within or without the State of Florida as may be designated by the Board. ARTICLE II DEFINITIONS The definitions as set out in the Declaration of Covenants, Conditions and Restrictions of Riverview Townhomes (the "Declaration") are hereby incorporated by reference. ARTICLE III MEETINGS OF MEMBERS Section 1. Annual Meetings. The first annual meeting of the members shall be determined by the Board of Directors and each subsequent regular annual meeting of the members shall be held on the same day of the same month of each year thereafter. If the day for the annual meeting ofthe members is a legal holiday, the meeting will be held at the same hour on the first day following which is not a legal holiday. Section 2. Special Meetings. Special meetings of the members may be called at any time by the president or by the Board, or after the first annual meeting, upon written request of the members who are entitled to vote one-fourth (1/4) of all of the total voting interests of the Association. Section 3. Notice of Meetings. Written notice of each meeting of the members shall be given by, or at the direction of, the secretary or person authorized to call the meeting, by mailing a copy of such notice, postage prepaid, at least fifteen (l5) days before such meeting to each member entitled to vote thereat, addressed to the member's address last appearing on the books of the Association, or supplied by such member to the Association for the purpose of notice. Such notice shall specify the place, day and hour of the meeting, and, in the case of a special meeting, the purpose of the meeting. Section 4. Quorum. The presence at the meeting of members entitled to cast, or of limited proxies entitled to cast, thirty percent (30%) ofthe total voting interests of the Association shall constitute a quorum for any action except as otherwise provided in the Articles of Incorporation ofRiverview Townhome Owners Association, Inc. (the "Articles"), the Declaration, or these Bylaws. If, however, such quorum shall not be present or represented at any meeting, the members entitled to vote thereat shall have the power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum as aforesaid shall be present or be represented. Unless otherwise provided in these Bylaws, Articles or Declaration, decisions shall be made by a majority of the voting interests represented at a meeting at which a quorum is present. Section 5. Proxies. At all meetings of members, each member may vote in person or by limited proxy. All proxies shall be in writing and filed with the secretary. To be valid, a proxy must state the date, time, and place of the meeting for which it was given, and must be signed by the authorized person who executed the proxy. Every proxy shall be effective only for the specific - 2 - meeting for which originally given, as the meeting may be lawfully adjourned and reconvened from time to time, and automatically expires 90 days after the date of the meeting for which it was originally given. A proxy is revocable at any time at the pleasure of the homeowner who executes it. Limited proxies may also be used for votes taken to amend the Articles or Bylaws or for any matter that requires or permits a votes of the homeowners. ARTICLE IV TERM AND REMOV AL OF DIRECTORS Section l. Number. The affairs of this Association shall be managed by an initial board of three (3) directors. Thereafter the Board of Directors shall consist of at least three (3) members. Section 2. Term of Office. The term of office for all directors is one (1) year. The Initial Directors of the Association set forth in the Articles shall hold office until the first annual meeting. Section 3. Removal. Any director may be removed from the Board, with or without cause, by a majority vote ofthe members of the Association. In the event of death, resignation or removal of a director, his successor shall be selected by the remaining members of the Board and shall serve for the unexpired term of his predecessor. Section 4. Compensation. No director shall receive compensation for any service he may render to the Association. However, any director may be reimbursed for his actual expenses incurred in the performance of his duties. ARTICLE V NOMINATION AND ELECTION OF DIRECTORS Section l. Nomination. Nomination for election to the Board of Directors shall be made by a Nominating Committee. Nominations may also be made from the floor at the annual meeting. The Nominating Committee shall consist of a Chairman, who shall be a member of the Board of - 3 - Directors, and two or more members of the Association. The Nominating Committee shall be appointed by the Board of Directors prior to each annual meeting of the members, to serve from the close of such annual meeting until the close of the next annual meeting and such appointment shall be announced at each annual meeting. The Nominating Committee shall make as many nominations for election to the Board of Directors as it shall in its discretion determine, but not less than the number of vacancies that are to be filled. Additionally, any member of the Association may nominate himself or herself as a candidate for election to the Board at a meeting where the election is to be held. Such nominations may be made from among members or non-members. Section 2. Election. Election to the Board of Directors shall be by secret written ballot. At such election the members or their proxies may cast, in respect to each vacancy, as many votes as they are entitled to exercise under the provisions of the Declaration. The persons receiving the largest number of votes shall be elected. Cumulative voting is not permitted. Section 3. Use of ProXY. For election of members of the Board of Directors, members of the Association shall vote in person at a meeting of the homeowners or by a ballot that the homeowner personally casts. ARTICLE VI MEETINGS OF DIRECTORS Section 1. Meetings. Meetings of the Board of Directors shall be on a regular basis, with the exception of the Initial Directors, at such place and hour as may be fixed from time to time by Resolution of the Board. Should said meeting fall upon a legal holiday, then that meeting shall be held at the same time on the next day which is not a legal holiday. - 4 - Section 2. Special Meeting. Special meetings of the Board of Directors shall be held when called by any two directors, after not less than three (3) days notice to each director, or after the first annual meeting, when called by at lease ten percent (l 0%) of the total voting interests of the Association. Notice of a special meeting must include a description ofthe purpose or purposes for which the meeting is called. Business conducted at any such special meeting is limited to the purposes described in the notice of the meeting. Section 3. Quorum. A majority of the number of directors shall constitute a quorum for the transaction of business. Every act or decision done or made by a majority of the directors present at a duly held meeting at which a quorum is present shall be regarded as the act of the Board. Section 4. Action Without a Meeting. Any action which may be required or permitted to be taken at a meeting of the Board of Directors may be taken without a meeting if a consent in writing, setting forth the action so taken is signed by all the members of the Board of Directors; such consent shall be placed in the minute book of the Association with the minutes of the Board of Directors. Any action so approved shall have the same effect as though taken at a meeting of the directors. Section 5. Notice to Members. Meetings of the Board of Directors shall be open to all members except for meetings between the Board and its attorney with respect to proposed or pending litigation where the contents of the discussion would otherwise be governed by the attorney-client privilege. Notices of meetings shall be posted in a conspicuous place on the Association property at least 48 hours in advance, except in an emergency. Notice of any meeting in which assessments against parcels are to be established shall specifically contain a statement that assessments shall be considered and a statement of the nature of such assessments. - 5 - ARTICLE VII POWERS AND DUTIES OF THE BOARD OF DIRECTORS Section 1. Powers. The Association, by and through its Board of Directors, shall have power to: (a) adopt and publish rules and regulations governing the use of the Common Area and facilities, and the personal conduct of the members and their guests thereon, and to establish penalties for the infraction thereof; (b) suspend the voting rights and right to use of the Common Areas of a member during any period in which such member shall be in default in the payment of any assessment levied by the Association, as provided for in the Declaration. Such rights may also be suspended after notice and hearing in accordance with the terms of the Declaration; (c) exercise for the Association all powers, duties and authority vested in or delegated to this Association and not reserved to the membership by other provisions of these Bylaws, the Articles, or the Declaration; (d) declare the office of a member of the Board of Directors to be vacant in the event such member shall be absent from three (3) consecutive regular meetings of the Board of Directors; and (e) employ a manager, an independent contractor, or such other employees as they deem necessary, and to prescribe their duties. Section 2. Duties. It shall be the duty of the Association, by and through its Board of Directors, to: - 6 - (a) cause to be kept a complete record of all its acts and corporate affairs and to present a statement thereof to the members at the annual meeting of the members, or at any special meeting when such statement is requested in writing by one-fourth (1/4) of the Class A members who are entitled to vote, at least ten (l 0) days prior to the annual meeting or special meeting; (b) maintain the official records of the Association within the State of Florida open for inspection and available for photocopying by the members or their authorized agents at reasonable times and places within ten (10) business days after receipt of a written request for access; (c) supervise all officers, agents and employees of this Association, and to see that their duties are properly performed; (d) as more fully provided in the Declaration, to: (1.) fix the amount of the annual assessment against each Lot at least thirty (30) days in advance of each annual assessment period; and (2.) send written notice of each assessment to every Owner subject thereto at least thirty (30) days in advance of each annual assessment period; and (3.) at the discretion of the Board, foreclose the lien against any property for which assessments are not paid within thirty (30) days after due date or to bring an action at law against the Owner personally obligated to pay the same; and (4.) collect at first closing on the Lot the balance of the assessment owing for the remaining portion of the year. - 7 - (e) issue or to cause an appropriate officer to issue, upon demand by any person, a certificate setting forth whether or not any assessment has been paid. Reasonable charges may be made by the Board for the issuance of these certificates. If a certificate states an assessment has been paid, such certificate shall be conclusive evidence of such payment; (f) procure and maintain adequate liability and hazard insurance on property owned by the Association; (g) cause all officers or employees having fiscal responsibilities to be bonded, as it may deem appropriate; (h) cause the Common Area to be maintained; (i) establish prior to the beginning of the fiscal year and prior to setting the assessments for the coming year, an annual budget for the Association, including maintenance of common areas and establish reserve accounts for replacement of those parts of the common elements which have a limited useful life span. ARTICLE VIII OFFICERS AND THEIR DUTIES Section 1. Enumeration of Offices. The officers of this Association shall be a president and vice-president, who shall at all times be members of the Board of Directors, a secretary, and a treasurer, and such other officers as the Board may from time to time by resolution create. Section 2. Election of Officers. The election of officers shall take place at the first meeting of the Board of Directors following each annual meeting of the members. - 8 - Section 3. Term. The officers of this Association shall be elected annually by the Board and each shall hold office for one (1) year unless he or she shall sooner resign, or shall be removed, or otherwise disqualified to serve. Section 4. Special Appointments. The Board may elect such other officers as the affairs of the Association may require, each of whom shall hold office for such period, have such authority, and perform such duties as the Board may, from time to time, determine. Section 5. Resignation and Removal. Any officer may be removed from office with or without cause by the Board. Any officer may resign at any time giving written notice to the Board, the president or the secretary. Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Section 6. Vacancies. A vacancy in any office may be filled by appointment by the Board. The officer appointed to such vacancy shall serve for the remainder of the term of the officer he replaced. Section 7. Multiple Offices. The offices of secretary and treasurer may be held by the same person. No person shall simultaneously hold more than one of any of the other offices except in the case of special offices created pursuant to Section 4 of this Article. Section 8. Duties. The duties of the officers are as follows: President (a) The president shall preside at all meetings of the Board of Directors; shall see that orders and resolutions ofthe Board are carried out; shall sign all leases, mortgages, deeds and other written instruments and shall sign all checks and promissory notes. - 9 - Vice- President (b) The vice-president shall act in the place and stead of the president in the event of his absence, inability or refusal to act, and shall exercise and discharge such other duties as may be required of him by the Board. Secretary (c) The secretary shall record the votes and keep the minutes of all meetings and proceedings ofthe Board and of the members; keep the corporate seal ofthe Association and affix it on all papers requiring said seal; serve notice of meetings of the Board and of the members; keep appropriate current records showing members of the Association together with their addresses, and shall perform such other duties as required by the Board. Treasurer (d) The treasurer shall receive and deposit in appropriate bank accounts all monies of the Association and shall disburse such funds as directed by resolution of the Board of Directors; shall sign all checks and promissory notes of the Association; keep proper books of account; cause an annual audit of the Association books to be made by a public accountant at the completion of each fiscal year; and shall prepare or have prepared an annual budget and a statement of income and expenditures to be presented to the membership at its regular annual meeting, and deliver a copy of each to the members. - lO - ARTICLE IX COMMITTEES The Association shall appoint an Architectural Control Board, as provided in the Declaration, and a Nominating Committee, as provided in these Bylaws. In addition, the Board of Directors shall appoint committees as deemed appropriate in carrying out its purpose. ARTICLE X BOOKS AND RECORDS Section 1. Inspection and Copying. The official records of the Association shall be maintained within the State of Florida and must be open to inspection and available for photocopying by members or their authorized agents at reasonable times and places within ten (l 0) business days after receipt of a written request for access. This requirement may be satisfied by having a copy of the official records available for inspection or copying in the subject community. The Association may adopt reasonable written rules governing the frequency, time, location, notice, and manner of inspections, and may impose fees to cover the costs of providing copies of the official records, including, without limitation, the costs of copying. The Association shall maintain an adequate number of copies of the Articles, By laws and Declaration to ensure their availability to members and prospective members, and may charge only its actual costs for reproducing and furnishing these documents to those persons who are entitled to receive them. Section 2. Official Records. The Association shall maintain each of the following items, when applicable, which constitute the official records of the Association: (a) Copies of any plans, specifications, permits, and warranties related to improvements constructed on the Common Areas or other property that the Association is obligated to maintain, repair or replace. - II - (b) A copy ofthese Bylaws and each amendment to the Bylaws. (c) A copy of the Articles and each amendment thereto. (d) A copy of the Declaration and a copy of each amendment thereto. (e) A copy of the current rules and regulations of the Association. (t) A book or books that contain the minutes of all meetings of the Association, of the Board of Directors and of members, which minutes shall be retained for a period of not less than seven (7) years. (g) A current roster of all members and their mailing addresses and parcel identifications. (h) All insurance policies of the Association or a copy thereof for a period of not less than seven (7) years. (i) A current copy of all contracts to which the Association is a party, including, without limitation, any management agreement, lease, or other contract which the Association has any obligation or responsibility. Bids received by the Association for work to be performed shall also be considered official records and must be kept for a period of one (1) year. (j) The financial and accounting records for the Association kept according to good accounting practices. All accounting records shall be maintained for a period of not less than seven (7) years. The financial and accounting records must include: (1) Accurate, itemized and detailed records of all receipts and expenditures. (2) A current account and a periodic statement ofthe account for each member of the Association, designating the name and current address of each member who is obligated to pay assessments, the due date and amount of each assessment or other - l2 - charge against the member, the date and amount of each payment on the account, and the balance due. (3) All tax returns, financial statements, and financial reports of the Association. (4) Any other records that identify, measure, record, or communicate financial information of the Association. ARTICLE XI ASSESSMENTS As more fully provided in the Declaration each member is obligated to pay to the Association all Assessments as listed in the Declaration, which are secured by a continuing lien upon the property against which the assessment is made. Any assessments which are not paid when due shall be delinquent and subject to a late charge as specified in the Declaration. If the assessment is not paid within thirty (30) days after the due date, the assessment shall bear interest at the maximum rate allowable by law and the Association may bring an action at law against the Owner personally obligated to pay the same or foreclose the lien against the property, and interest, costs, and reasonable attorney's fees of any such action shall be added to the amount of such assessment. No Owner may waive or otherwise escape liability for the assessments provided for herein by non-use of the Common Area or abandonment of his Lot. ARTICLE XII CORPORATE SEAL The Association shall have a seal in circular form having within its circumference the words: RIVERVIEW TOWNHOME OWNERS ASSOCIATION, INC. and within the center the word "Florida" . - 13 - ARTICLE XIII AMENDMENTS Section l. Amendments. These By-Laws may be amended, at a regular or special meeting of the members, by a vote of two-thirds (2/3) of the voting interests of the Association, except that the Federal Housing Administration or the Veterans Administration shall have the right to veto amendments while there is Class B membership. Section 2. Precedence. In the case of any conflict between the Articles and these Bylaws, the Articles shall control; and in the case of any conflict between the Declaration and these Bylaws, the Declaration shall control. ARTICLE XIV MISCELLANEOUS The fiscal year of the Association shall begin on the first day of January and end on the 3l st day of December of every year, except that the first fiscal year shall begin on the date of incorporation. ARTICLE XV RIGHT OF MEMBERS TO PEACEFULLY ASSEMBLE All common areas serving any homeowner's association shall be available to members and their invited guests for the use intended for such common areas. The entity or entities responsible for the operation of the common areas may adopt reasonable rules and regulations pertaining to the use of such common areas. No entity or entities shall unreasonably restrict any member's right to peaceably assemble or right to invite public officers or candidates for public office to appear and speak in common areas. BYLA WS END HERE - l4 -