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HomeMy WebLinkAbout0580 respect to ownership and use of all such Party Walls and the respective rights and duties of the fee simple interest purchasers of the Parcels, including their heirs, successors, assigns, and grantees and Declarant further desires that this party wall declaration be construed as a covenant running with the land herein. Section 1, Part Wall Declaration. The common walls shared by any two adjoin ng own ouses situated on an imaginary line dividing any two (2) Parcels described herein into two (2) separate and distinct parcels of real property, which imaginary lines and the particular Parcels herein which they separate are particularly described in Exhibit C attached hereto and made a part hereof, shall be a party wall for the perpetual joint benefit of andjoint use by the fee simple owners of the Parcels and Townhouses divided thereby, and their heirs, successors, assigns and grantees. Section 2. General Rules of Law to Apply. A. To the extent not inconsistent with the provisions - of this Article II, the general rules of law regarding party walls and liability for property damage due to negligence or - willful acts or omissions, shall apply to each party wall - described herein and any replacement thereof. B. In the event that any portion of any structure now situated on a Parcel, including any Party Wall, shall protrude - over an adjoining Parcel or Townhouse,. such structure, including any Party Wall, it shall not be deemed to be an encroachment upon the adjoining Parcel or Townhouse. Owners shall not maintain any action for the removal of a Party Wall or projection nor any action for damages. In the event there is a protrusion as described in the immediately preceding sentence, it shall be deemed that said (?wners have granted perpetual easements to the adjoining Owner or Owners for continuing maintenance and use of the projection or Party Wall. The foregoing shall also apply to any replacements of any structures or Party [falls, if same are constructed in conformance with the original structure or Party Wall as it now appears. Section 3. Use of Wall. Each Owner sharing a Party Wall shall have the right to the full use of said Party Wall for whatever purposes said Owner chooses to employ, subject to the limitation that such use shall not infringe upon the rights of the Owner of the adjoining Parcel and his use of said wal l or of the adjoining Parcel and Townhouse, or in any manner shall the use of said Party Wall impair the value of said wall or the adjoining Parcel and Townhouse. Furthermore, an Owner sharing a Party Wall shall not possess the right to cut windows or other openings in a Party Wall, nor make any alterations, additions, structural changes or other use of a Party Wall which will impair the Party Wall's strength or design, or injure or impair the value of the adjoining Parcel and ~ Townhouse. i Section 4. Maintenance and Re air. If it becomes r necessary or desirable to repair or re ui the whole or any part of a Party Wall, the attendant expense shall be borne by the respective adjoining Owners thereof, in proportion to the extent of their use of the wall, or portion thereof affected, at that time, except that any adjoining Owners may agree in writing on any other means of sharing the expense that is reasonable at that time. Any reconstruction of a Party Wall or part thereof, shall be on the same location and erected in the same manner as that used in the existing Party Wall and shall be of the same size and of the same or similar materials and of like quality, applicable ordinances, statutes and regulations permitting. Notwithstanding any other provisions of this Article, an Owner who by his negligence or willful act causes a Party Wall to be damaged, shall bear .the whole , cost of repairing such damage. BOfO%c)c)1 PtGf -2-