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<br /> DRAFT DOCUMENT
<br /> DECLARATION OF COVENANTS,CONDITIONS,
<br /> RESTRICTIONS AND EASEMENTS
<br /> FOR
<br /> WILLIAMS GLEN
<br /> THIS DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND
<br /> EASEMENTS FOR WILLIAMS GLEN("Declaration")is made and executed this day of ,
<br /> 2024, by LAWRENCE ROAD PARTNERS, LLC, a North Carolina limited liability company, 320
<br /> Executive Drive,Hillsborough,North Carolina 27278("Declarant").
<br /> Recitals
<br /> Declarant has is the owner of the Property (as hereinafter defined) which is located in Orange
<br /> County,North Carolina.
<br /> Declarant intends to improve and develop the Property as a residential planned community to be
<br /> known as "Williams Glen" by subdividing the Property into Lots (as hereinafter defined) for detached
<br /> single family residential buildings and Common Elements (as hereinafter defined)for the common use and
<br /> enjoyment of the owners of the Lots and their respective family members,guests,tenants and/or invitees.
<br /> In furtherance of its development of the Property as a residential planned community, Declarant
<br /> intends to subject the Property to all of the covenants, conditions, restrictions, easements, liens, charges,
<br /> assessments and equitable servitudes set forth in this Declaration for the benefit of the Community (as
<br /> hereinafter defined),the owners of Lots and their respective family members,guests,tenants and/or invitees,
<br /> and the Association(as hereinafter defined).
<br /> The recording of the Subdivision Plat(as hereinafter defined)and this Declaration in the office of
<br /> the Register of Deeds of Orange County,North Carolina,will create a residential planned community upon
<br /> the Property pursuant to the provisions of the Act(as hereinafter defined).
<br /> NOW, THEREFORE, subject to the rights of Declarant established and/or reserved herein,
<br /> Declarant hereby declares that all of the Property, including each Lot and all Common Elements, shall be
<br /> hereafter owned,held,occupied,improved,used,mortgaged,transferred,sold,leased,rented and/or conveyed
<br /> subject to and in accordance with all of the covenants, conditions, restrictions, easements, liens, charges,
<br /> assessments and equitable servitudes set forth in this Declaration to the extent not inconsistent with the
<br /> provisions of the Act and/or other applicable law. The purpose of this Declaration shall be to enhance and
<br /> protect the value, use, enjoyment and desirability of the Property. This Declaration and all of the
<br /> covenants, conditions, restrictions, easements, liens, charges, assessments and equitable servitudes set forth
<br /> herein shall run with the Property,including each Lot and all Common Elements,and shall be binding upon
<br /> and inure to the use, benefit and enjoyment of each Person (as hereinafter defined) having any right, title
<br /> and/or interest in or to the Property, including Declarant, each owner of a Lot, the Association and their
<br /> respective heirs, successors and/or assigns.
<br /> ARTICLE I
<br /> DEFINITIONS
<br /> Section 1.01 Definitions. Each of the following terms shall have the meaning ascribed to it
<br /> when and as used in this Declaration:
<br /> (a) "Act" shall mean the North Carolina Planned Community Act, Chapter 47F of
<br /> the General Statutes of North Carolina, as same may be amended,modified and/or supplemented from time
<br /> to time.
<br /> (b) "Additional Property" shall mean any tract(s) or parcel(s) of land, exclusive of
<br /> the Initial Property,that Declarant shall, at any time during the Period of Declarant Control(as hereinafter
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