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HomeMy WebLinkAbout0912 ~1. '1'he gr:~rltt~e, hi~ I.~:;i~~~ ut• famil~•, is ~;i~'~°i~ pei•rni•;iuii tu ii•~ fui~ 1'i•iiin~,r c~i• t~athin~; ui• l~uatin~,P tlit~ Lakes and Canal, <<; sh<~~~•n u~i ~'lat uf I.ake~vood Y~rk, but Grxntte m,i~~ nut cuy7::truct u?i~•thiiifi extenci- ing i~ito or o~-er the ~~~<tt~?•, c~f thr can<il~ or ]akes. \'o t>c,at~ slz<<11 !~e ~i»chc,rc~~i uff shoi•e in the c~i~lal~ or ]ake,, ~?nci ~~•hen not in use ~h~ali be kc:pt as closely a~ljacent t:~ thc b.ink a~ sufet~• all~>~~~~ to the eiia t.h~it n<~~•i~,ration o±' the ~ti•<<tc~r~va~~, ~~~ill nc~+ be impeded. An~~ u~e ~~f th~~ ca?~al:; ur I~kt~~ ;hall b~ r?t, the sole and absolute ri~k of the persun ~o 111111t,r. l0. i~"~~ fillin~; c~r drecl},=in~,* m.i~• l~t~ done bt~~•ond tu~~' lut iine. nur :h.ill ~tt~~- euttin~~ i~f boat ,lips or ,imilar exca~•atin~,* ~~~ithin the lut line t,t~ clonc ; nur an~' bulkht~ad or ,e.i ~~•u111~e l~uilt until l~l;i?i~ ha~~~ bectt ap~~ro~•ed h~• Grantor. 11. If ~i lot border:: ~i c~inal or lak~•, the bei3 of the canai or lake ,ii~~i th~~ ~~~atc~rs 2lli0~'E: `UC}l })f?(~ are not included. 1'?. Yortion4 of the Yl.it m~lrk~cl "Re~er~•ed" is the pri~~<ite pru~~e~rt~• of tl~e (~r~+ntor anci not ~ubjeet to the~e cc~ndition~ anci re~ti•icti~~ri~ nticl the C~rantor re~er~•e, the i•ight to rel~~u~t~ in ~~~hole or in part an~~ restriction hereuncier or to includt~ in any cotitract or deed hereafter madc~ .uis additional restricti~~e c~~~•E~~i~~nt~ pro~~iclii7g ~~ii~~e tirc~ n~t inc~~isi.tent a•ith the.e her~~in contained. 13. Any and all rights a~:d reser~~ation. of the Grantor herein included ma~~ be transferred or as- 51fiI1N(~ by the (:rantor to a Pro~.~ei•t~' O\4'Ilt?T'S AGSOC121t10I1 Oi' ~ome corporate c~r non-corporate organization «•hoq~ purpose it is to pro~~idc~ for the ~~-elfare of I,ake~~•ood Park. All ~~urcha•ers of re~idence property are to be automaticzll~~ entitlecl to membership and voting ri~hts in an a~sociation of O~vners to be form- rd for the purpose of enfc~i•ein~ the c~ti~~enantti anc~ n?aintainin~,Y the hi~,~h ~tandard, of I.akewood Park. all o~rners shall be entitleei tc~ ecru~il ri~,rht:~ in the u~e c~f street~, x~~irlc <<rea:., lakes and eanals and any othei• u.e of ~~ro~~erty~ ~~~hich ~hall he set ap~rt by~ the Grantor anci I~e maintained b~~ the Property Own- ei•s A~sociation «~hen foi•med or a corporate or n~n-coY•porate organizaticin. Grantee ~vill ~~a,y $11 for c~ach lot to Grantor, hi~ nominf~e:: or a~~ikns, on Februar~~ 1, of each y~e~~r, said ;um to be u:ed for ~en- eral maintenance. 1-~. The C~rantar re~c~r~•e:; t~ it~elf tr~e ru~t~t~ ~incl ~~•a}~~ ~hu,~'ll un the ~'i.~t referred t~ herc~in and re- ~t~i•~~~~s the right at ~tn~~ time to dc~~i<<ite all ?-oad~ ~r ~ti~t~~s shc~~~'n on I'l~it to piiblic use or to eon~~ey same tu the State, ('ounty or Cit~' (11' iUl~' i.if.[PI1Cy thereof. 15. For the breach of an~~ ~f the abo~•e restrictic~n~, the Gr.?~lt~i• ::h:?il be entitled tc? ai~~~l~• far relief i~r injiuietiot~ in addition to an~• other remecl~~ a~ld failure uf ~he Grantor to enforc~e a re~trietion herein ~hall not be deemed a ~~•a~~ier of a right to do ~o thereaftc~r as to the ~~~me, a priot•, or ;ui~sec~uent breach, and C'~rantor ~hRll not be helct liable fnr ~aid faili~re to enforce an~~ re~trirtion }ierein. 1G. All of the co~•enants and re~triction~ shaill remain in force until January l, 196£~, and shall be atitom~ticall}• rene~~•ec~ for each 5~~ear peri~~ri there~.fter unle~ti o«~nci•~ of at least t~~~o-thirds of the lots in th~ de~~elapment ~hall, at lt~a~t ~ix month~ prior te an~• ~uch rene~~•al dsite, a~ree in «•riting to a change in ~r an abrogation of an~- of the ~tbo~~e co~~en<int,, anc. records such ~vi•iting so amending the aforesaid co~~enant~. ~ .~Itt ~~~Ifite~y ~~~Tercc~f the ~rr~ntor ha5 cau~ed these pre~ent~ to be esecuted in it~ n~.me, znd it~ corporate ~eal to be h reunto affi~:ed, b~• it~ ~~rc~j~er c+fficc~r, iher~~unt~~ dul~• nuthorized, fh ~dar and ~•E~ar first ab~~~-c~ «•ritten. ~1'I'TF:~T: --'-~~7-*`~" i _ IsAKF ItiDRI() C'()RPC)RATIO\` Secretar~• ~ ~i~*necl. ~c~alecl an~i ~icli~•~~re~l :n thc~ {~re~enec~ ~>f : R~• ~-f~~t..~ - - - - , _ Presiden! . ~ .,~<'C ~ L~_~'` `,.~f ~ - - - _ _ . ,l '~-~~L ~ f ~,t ;;r~. S- ' 6~~ - ~ T:1'I' F: F' }~~24~( m e X%~ S ~ t'~l'`~~ Harris ; I HF,'Y.EF3t' CEK7'IF'l' ih~t un thi: dai•, be;~-,:~c ute, ar. officer dul~~ at~tho:°;zed ir. ,he Staie rir.~i Cc,un!y aforesaid tu tak~ a~,kri~~t•lerlrii;e;tt5. net=„rri!~~ atrf~e~+rei3 ,r rT ~Trn ~D:,:J~vD B3A.~T a:~~ DOLO~~S B~~:~,i ~~'Cll i:tlnµ'ri t0 IriE' tC~ hC tI1P F'CP~1(jPilt RTI~1 ~~eretary respecti~•el~• of t'r,e C(?Y~OI'FittC+tl 173ti"1Pi~ SS ~I'1T1~01' ir: 'hr, s.~re,r,ir~; ~:~~~-1. and ;}:a± ?he_; ~~~~~~~rallc arkr~n~~,ecl~;ed e~;er>>[in~ the ~ame ir~~ [he [~rc•~enc~~ „f . :o :;ub,~.~ribin~ ~~i?ne=ses !reel~: nn~.l rolun!aril~• un~.ler at:thuri!}~ ~Iiilt~ ~.•k:~:u in tkaatu :;aid rurporation ar:d that tlie se~a; riffi~eci ehe~~eto is the true c~~r• ~,~~rat~~ scal o: sai~ ~~orpo~'~Eian. \t'ITlF.~3 n;~~ ha^:~I ,~n~? c;ffic•;.~i ~e,il in the G~ur~y ;ind S!ate la.t afuresxid t is ;i; of ~/~~.i ~1gL,~ ~ ~ FiL C?r.~'~ R RDED ~7 . . . ~:s ~ ~~,:aQ ~~e~~r~ ~ o o _ , ~ ~ . , i ~ :Sfy co ission e~pire~ o:: tt~r ~ da~• ~ . 1!1 ~ ~ _ - ~~~z~~~`~, ~ v`~" ~ : ,65 ~ 3 P ~1.` 4`~ ~ ; r .`L .f • . ~LcnK ~ R0~' u~~E::~ r~ . pU~~TY. 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