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HomeMy WebLinkAbout1228 other provisions of this Article~ any Owner shall have the right to call for a larger contribution from any of the other Owners under any rule of law regarding liability for negligent or willful acts or omissions. Section S. Covenant to Run With Land and Ri~ht of Contribution. Notw~thstan~ing any herein to the contrary. eac~P'arty ~Ta1T described herein is to be and shall remain a party wall for the perpetual use and benefit of the respective Owners thereof~ their heirs, successors, assigns and grantees. and the benefits and obligations of the party wall covenants herein shall be covenants running with the land and each Parcel herein shall be conveyed subject to this condition. The righ~ 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. Section 6. Weatherproofin~. Notwithstanding any other provision of this Artic~e, an Owner who by his negligent or willful acf causes the party wall to be exposed to the elements, shall bear the whole cost of furnishing the necessary protection against such elements. Section 7. Arbitration. In the event of any dispute arising under this Article ~il concerning a Party Wall. such dispute be submitted to arbitration. Each party shall choose one arbitrator, and such arbitrators shall choose one additional arbitrator. The decision of a majority of all the arbitrators shall be binding upon the parties. ART~CLE V USE RESTRICTIONS " The real property which is the subject of this Declaration shall be occupied and used only as follows: Section 1. Each Parcel with Townhouse situated thereon shall only be used for single familv private residential purposes and-for no other purposes, and no business of any kind shall be conducted on any Parcel~. provided, however, that the foregoing shall not be construed as preventing leasing of a Townhouse to a tenant or tenants for private residential purposes. Notwithstanding the faregoing, Declarant and its agents shall be permitted to use any Parcel with Townhouse thereon owned by Declarant as a model~ in connection with the program to sell the Parcels. Section 2. There shall not be erected, maintained, operated, carried on, permitted or conducted upon any Parcel or in any Townhouse any thing or activity which sha21 be or becone- noxious or offensive or an annoyance or nuisance to the Owner or Owners of other Parcels. Section 3. No sign of any kind shall be displayed to public view on a Parcel or Townhouse without prior written consent.of th~e Association, except cus~omary name and address signs and lawn signs of not more_than five (S) square feet in size advertising a Parcel or Townhouse for sale or rent. Notwithstanding the foregoing, De~larant may without consent of the Association place any sign or other advertising device of any character~npon any Parcel or Townhouse it owns in order to sell or rent it. Section 4. Nothing shall be done or kept on a Parcel or in a Townhouse, including the areas over which Easements for parking and ingress and egress have previously been declared herein, which would increase the rate of insurance relating thereto without prior written consent of the Association, and no Owner shall permit anything to be done or kept on his Parcel or Townhouse which would result in the cancellation of insurance on any Parcel or Townhouse or which would be in violation of any law. ~ g~oK 348 PACE 1228 ~,,, '.~, : ~~~~~=r~:.:-~%:...P,~..~...:_.7 .- - • n! - S - ~~~X~~ Q~G~~V ~. __. ..~~a .