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HomeMy WebLinkAbout2314 species of household gets may be kept by the owner of the premises. Litters of dogs and/or cats shall be removed from the premises not more than one hundred twent-y (120) da}~s from their birth. 14. No outdoor clothes drying areas shall he allowed unless they are enclosed by shrubbery, fences or walls, in conjunction with Paragraph #*1 above. . 15•. No sign of any character shall be erected, pasted, posted or displayed upon or about any lot or on part of said lot without the written permission of the Association, and it shall have the right of uncontrolled discretion to prohibit or to restrict and control the size, construction, material, wordiny and location and height of all signs and may summarily remove and destroy all unauthorized signs. ARTICLE V TttE ASSOi'IATION POWERS AND DUTIES Section 1. The Developer has heretofore formed a corporation not-for-profit whose name is 4'ikinyti Landing Property Owners Association, Inc., referred to herein as the Association, which shall have the towers .end duties specified in paragraphs 1, 2, 5 and 15 of llrticlo IV and as hereinafter set forth. A copy of the Articles of ~I Incorporation of the Association arc attached hereto and ! made a part hereof. I Section 2. The Association shall, from time to time, fix and determine the sum or sums necessary and adequate for the continued use, maintenance and operation of the ~ private roads and common facilities; payment of any items of betterment and the establishment of appropriate reserve funds. The sum or sums shall include provisions for prof~erty f taxes and assessments, insurance premiums for fire, windstorm and extended coverage on the private roads and common facili- ties, adequate public liability insurance, legal and accounting fees, management fees, operating expenses of the s}stem ar.ci the Association, maintenance, repairs and replacements, charges for utilities and water, expenses and liabilities incurred by the Corporation in connection with the indemni- ! f-ication of officers and directors and the creation of reasonable contingency or reserve requirements. Section 3. The expenses determined by the j Association shall be assessed against each Lot in an amount of one Thirty-fifth (1/35) of the total expenses determin~~ci. i Section 4. Membership. All Owners as defined in Articles II hereof shall automatically be mf~n?bers of the Association. Membershif~ shall be appurtenant to and ma}• not ~ be setarated from ownership of any Lot which is subject to assess*~ent . Section 5. Votiny Rights. The Association shall have one class ~~f voting memhershit. ~lembcrs shall be all owners and shall be entitled to one vote for each Lot owned in the Subdivision, provide3 that where title to any Lot in the Subdivision is vested in two or more persons or entities, the vote for such Lot shall be exercises: as they _ among themselves determine, but in any event only one vote may be cast with restect to such Lot. -s~; EENNIMAN. -,HARTERED SCCt1On Fi. Other R1yhtS rind ObllyatlonS. EaCtl AYEM...•w member also shall have the rights, privileyes and obligations { - v. si M1g1 7NM i ~ ' ¦n ~ r. r U00 Page -5- a nn~r 322 P~~E 2306