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HomeMy WebLinkAbout0947 ~ i . ~ ~ ~ i , ~ • . . ; . , , . ? ~ . ~ '719506 Oh~ . . ~ RESERVE CREEK SUBDIVISION ~ ~ DEGLARATION OF' COVENANTS AND RESTRICTIONS DECGARATION, made this~day of ~J . 19 ~~J, by CALLAWAY LAND ~ CATTLE CO., INC., a Flor~da corporation, which declares that the real property hereinafter described, hereinafter referred to as "RESERVE GREER SUBDIVISION"(RCS) is and shall be held, transferred, sold, conveyed and occupied subject to the cov~nants, restrictions, easements, charqes and liens (sometimes hereinafter referred to as "Covenants and Restrictions") hereinafter set forth. I. PROPERTY SUBJECT TO THIS DECGARATION: ADDITIONS THERETO, DELETIONS THEREFROM Section 1. Leqal Description: The real property which is and shall be held, transferred, sold, conveyed and occupied subject to this Delcaration is lcoated in St. Lucie County, Florida, and comprises all the parcels, platted or unplatted within or upon the property legally describec3 on Schedule "A" hereto . Section 2. Additional Property: Such additional property, lots, units or parcels as developer, its successors or assigns, ; may from time to time desiqnate as beinq su~ject to this ~ Delcaration by the placinq of record in an instrument executed ~ with formalities of a deed, makinq such desiqnation, it beinq ~ ~ specifically understood that said designation may, in developer's sole discretion, apply to all or any part of this Declaration, ~ and in addition, tha't this Declatation may apply in full, in part, as modified, or as amended to any additional property, ~ lots, units, or parcels designated by the Developer as beinq subject hereto. ' II. DEFINITIONS Section 1. Developer: As the term is hereinafter used, shall mean Callaway Land & Cattle Co. Inc., a Florida corporatfon, and its successors and assigns. Section 2. Association: As hereinafter referr~d to, shall ~ mean, Reserve Creek Association, Inc., a Florida corporation, not for profit to be formed by Developer within three (3) years from tne date of closing the first sale by Developer or when thirty percent (308) of the lots are sold whichever shall first occur. After recordation of articles of incorporation for the Aasociation by Developer in the public records of St. Gucie County, Florida, every owner of a lot in Reserve Creek, must become a member of Association and become subject to such rules a~d requlations as the Association's Board of Directors may adopt; in any event the Developer shall have the right to nominate or select all of the Board of Directors of the. Association when the Association is formed however at such time 7-17-85 Res Crk ao`o+c 47~ ~~~E ~5 1 ' - __,,,a~ a..-~~-~ . _ _ . . . . ~ • - - - - - ~ ~