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

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�. Declarant's Property. DecIarant's praperty shaIl refer to any tc�ts in Tract One as described in E�►ibit A,as to which I�eclarant sti11 holds legal title. ARTICLE VI PROPBRTY RIGHTS Ii�?THB�OMMUN AREAS A. Extent of Member's Easements. Except as provided in Paragraph D below, Members,their famities and guests, are hereby granted a b(anket easement ta use and enjoy the Comman Ar�as, if any, for recreational, social and ather purposes directly related to private single- _ fanlily residential uses authorized herein,subject to the following: � I. 7'he Association shall have the right to promttlgate and publish rules and regutatic�ns (the "Rules"} with which each Member, their families and guests, shaIl strictly � comply. 2. The Common Areas, if any, shall nat be used for other than intended purpose(s} � specified an the recarded plats of the Subdivision, if any. Far exampfe, there shat[ be no activiry allowed on the Off Lot Septic Area which could potentially harm any of the septic systems in the Off Lot Septic Area. 3. The Declarant and the Associatron, in accordance with the Articles of Incorporation of the Association and the By-Laws of tt�e Association,shall have the right ta borrow money for the purpose of improving, renovating, repairing and reconstructing tt�e Cornman Areas-with the written consent of the Ciass B Member(for so Iang as the ' ' Class B Member shall awn any "Declarant's Property"), together with the writken � ' consent of sixty-seven percent{67%}of the Class A Members entitled ta vate. Such vote shali be in person or hy groxy on such matter at a meeting of the Members called for such purpose, written notice of wnich shall be given to all Members at least thirty(34)days in advance and shal l set forth the purpose of the meeting,to wit: to mortgage all or any part af said Common Areas as security for such loans. B. Petsonal Property far Commffn use. The Association may acquire and hold in the name of the As�ociation for the use and benefit of all Members, tangible and intangible, real or personal - p�aperiy,ar�d=may dispc3se of the same 6�saie�r otherw�se. _- _ _ C. Maintenance and Upkeep of Common Areas and Personal Propetty and Compiiance with Couniy/State Qrdinances. 1. The Association shall be responsibie for the continued maintenance, up3ceep and ' . repair of any and all t}pen Space and Common Areas and all personai property - owned by t�e Associatian far common use by the Members and shall be responsible for any and all costs and expenses associated therewith,except as rnodified,herein. 2. The Association shall comply with any and ail Durham County andlor State of Narth Carolina subdivisian ordinances regarding the maintenance, use, upkeep and repair of the Cammon Areas, including but not limited to, any special "Watershed Zoning Restrictions". Undeveloped Camman Areas shall be retained in a vegetative or natural state in accordance with such ardinances and or zoning restrictians. For purposes of this subparagraph;the term Camenan Areas shail rnean arzd refer ta any "OPEN SPACE 1, 2, and 3", "SIGN AND LANDSCAPE EASEMENTS" and "SEPTIC AREAS & ACCESS (not on individuat lots)" as shown and depicted on any plat and/or map of the KEENELAND MANOR SUBDIVISION now or hereafter recorded in the Office af the Register of Deeds of Durham County, North Carolina. D. Lot 2t Rights. The C}wners of Lot 2I shali have no right to use any of the Common Areas without the written approval of the Declarant. . � .