Agenda - 08-27-2012 - C2 - Laserfiche WebLink

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, , Q. "Prope.rty" or "Praperties" shall mean and refer to the "Existing Property" described iri Exhibit A to the Declaration and any adciitional property annexed into the Assaciation pursuant to the terms and provisians of the Declaration. R. "Street" shall mean and refer ta any street, road, drive, highway or other tharoughfare as shawn on any recorded map ar pIat of the Properties. S. "Subdivision"shall mean and refer to the KEENELAND MANOR SUBDIVISIQN located to the south of Stagecoach Road between Farrington Road and North Carolina Highway 751, near the Ciry of L7�urham, Triangie Township, Caunty of Durham, State of North Carolina, together with any additions thereunto annexed by the I?eclarant pursuant to the terms and pravisions of the Declaration. , AR'I'ICLE II � S J�BJECT[NG ADDITIONAL PROPERTY TO THE 17ECLARATION � A. Additions to the Praperties by Declarant. T'he Declarant shali have the right to annex into and bring within the scheme af the Declaration additiona]properties which are tocated within any �ahase of KEENELAND MANOR SLJBDNISION,or any other property which is contiguous at any point with Che Froperty or any additions to the Property, A public road,railraad,utilit}° right-of-way, or buffer dividing two properties shafl not be deemed to deprive them of contig�uity, B. Method of Making Additions(Annexation). Additians to the Property shall be made by filing - � for reword in the C�ffice of the Register of Deeds af Durham County, North Caro3ina a 5uppl�mentai Declaration of Covenants, Conditions and Restrictions (the "Suppiernental Declaration") with respect ta the additional property, which said Supplemental Declaration shall describe the propercy being annexed. Such 5upplennental Declaration(s) may contain such additions and rnodifications of Article VI[I of the Declaration as may, in the soEe discretion of Declarant, be necessary to refleet the different charaeter of the added properties. In no event, however, shail such Supplernentai Declaration(s) revoke, rnodify or add to the Restri�tions established by the Declaration with respect to the Praperties already subject ta the Declaration, except to grarit the Owners of Lots then subject to the Declaration limited rights with respect to such additional properties (changes to assessments brought abaut by such addition shaIl be deemed not to be a revocation,madification or additian of the Restrictians}. C. Future Additions of Common Areas. Future Cflmmon Areas may be added to the scheme of the Declaration and included within the Praperties subject to the jurisdiction of the Association, althaugh there is no obligation to da so, and no representations are made with � respect to any such additions. Such Future Common Areas will be deeded to the Associatic�n by De�larant. • � . D. Additians by Others. So lang as Declarant is a Class B Member, additians may be made by any other�wner who, with the approval of the Declarant and the Board vf directors, which � approval may be wikhheld in their sole discretion,desires to add such progeny located within. the boundaries of the Subdivision to the scheme of the Declaration and ta subject it to the jurisdi�:tion of the Association. When Declarant ceases to be a Class B Member, such additians may be made upon approval by two-thirds{2!3}majority vote af the Mernbers who are ent?tled to vote. Such approval by the Declarant, Board of Directors and, if required,the Memberst�ip,shall be evidenced by a certified capy of a resalution of approval recorded in the Office of the Register of Deeds of Durham County,North�arolina. . 4