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HomeMy WebLinkAbout20101503.tiff 111111111111111111111111 IIII 11111111111 III 111111111 IIII 3632641 06/25/2009 03:19P Weld County, CO 1 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder 641 DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS FOR TWIN VIEW ESTATES THIS DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS FOR TWIN VIEW ESTATES is made and entered into this day of 'canc., 2009, by LOVELAND PEAKS, LLC, a Colorado Limited Liability any ("Declarant") . RECITALS A. Declarant is the owner of certain real property located in the County of Weld, State of Colorado, legally described on Exhibit "A" attached hereto and incorporated herein by refefence ("Property") . B. Declarant desires to create on the Property a single-family residential development, and desires to provide for preservation of the aesthetic and architectural amenities of the Development. For that purpose, and for the benefit of the Property and the owners thereof, Declarant desires to subject the Property to the covenants, conditions, restrictions and easements as set forth in this Declaration. C. The name of the Development to be created on the Property shall be TWIN VIEW ESTATES. D. Twin View Estates Homeowners Association, a Colorado Nonprofit Corporation, will regulate the use of certain access, drainage and utility easements and open space within the Development, and such portions of the Development as may be designated for ownership by said Association, and to otherwise govern the use and enjoyment by Owners of various Common Elements. ARTICLE 1. SUBMISSION OF PROPERTY The Declarant does hereby publish and declare that the Property shall be held, sold, conveyed, transferred, leased, subleased and occupied subject to the following easements, covenants, conditions, and restrictions which are for the purpose of protecting the value and desirability of the Property, and which shall run with the Property and shall be binding upon and inure to the benefit of all parties having any right, title, or interest in the Property, or any portion thereof, their heirs, personal representatives, successors, and assigns. ARTICLE 2. DEFINITIONS 2.1 Definitions. When used in this Declaration, unless the context clearly indicates otherwise, capitalized terms not otherwise defined in the Act or in the Land Survey Plat for the Property shall have the meanings provided in the following sections of this Article: 2.1.1 "Access Easement" shall mean and refer to the access easement more particularly described in Section 6.2 (a) of this Declaration. 2.1.2 "Allocated Interests" shall mean and refer to the Common Expense Liability and votes in the Association. 2.1.3 "Approval" or "Consent" shall mean and refer to the prior written approval or consent as required herein before doing, making, or suffering that for which such approval or consent is required. 1211~1 e:6"9 070e -isos 8/ayaozd 1 ��APa9 1111111111111 1111 Ills iiil 11[1111 III 11111 Ilii liii 3632641 06/25/2009 03:19P Weld County, CO 2 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder 2.1.4 "Assessments" shall mean and refer to all Common Expense Assessments, Special Assessments, Individual Assessments and Fines levied by the Board of Directors pursuant to this Declaration, the Bylaws or the Rules and Regulations. 2.1.5 "Association" shall mean and refer to Twin View Estates Homeowners Association, a Colorado Nonprofit Corporation, its successors and assigns. 2.1.6 "Bylaws" shall mean and refer to any instruments, however denominated, which are adopted by the Association for the regulation and management of the Association, including amendments to those instruments. 2.1.7 "Common Elements" shall mean and refer to any real estate, easements or real property interests within the Development owned or leased by the Association or over which the Association has acquired easements, including open space, access, drainage and utility easements hereafter created pursuant to Section 6.2 and any other property rights owned, leased or otherwise acquired by the Association. "Common Elements" shall also include any storm drainage improvements, structures or other facilities, or other public improvements installed or located (or to be installed or located) within the Development, as well as related off-site improvements, structures or facilities used by or benefiting the Development and/or installed pursuant to requirement of Weld County as a condition to development of the Development or any part thereof. 2.1.8 "Common Expense Assessments" shall mean and refer to all Assessments made for Common Expenses. 2.1.9 "Common Expenses" shall mean and refer to expenditures made or liabilities incurred by or on behalf of the Association, together with any allocations to reserves. These expenses for the operation of the Development include, but are not limited to: (a) expenses of administering, maintaining, leasing, securing, insuring or replacing the Common Elements, including, but not limited to, Common Roads and any easements constituting a portion of the Common Elements; (b) expenses declared to be Common Expenses by this Declaration; (c) expenses agreed upon as Common Expenses by the Association; (d) such reasonable reserves as may be established by the Association, whether held in trust or by the Association, for repair, replacement or addition to the Common Elements or any other real or personal property acquired or held by the Association. 2.1.10 "Common Roads" shall mean and refer to the streets and roads identified on the Plat as "Twin View Lane" and "Twin View Court." "Common Roads" shall not include private driveways constructed by individual Owners to provide access to the Dwelling Unit or other Improvements located upon an Owner's Lot. 2.1.11 "Declarant" shall mean and refer to Loveland Peaks, LLC, a Colorado Limited Liability Company, or any other Person or group of Persons acting in concert who, as a part of a common promotional plan, offer to dispose of to a Person other than Declarant a Lot or Lots not previously disposed of to a Person other than Declarant. 2 (iiiiii IIII I ID III 111111111111111111111 ill 11111 till 1111 3632641 06/25/2009 03:19P Weld County, CO 3 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Reco dL 2.1.12 "Declaration" shall mean and refer to this Declaration, including any amendments hereto and also including, but not limited to, any land survey plats for the Property recorded in the office of the Clerk and Recorder of Weld County, Colorado. 2. 1. 13 "Design Review Committee" or "DRC" shall mean and refer to the committee established to review and approve plans for the construction of Improvements on Lots as set forth in Article 8 of this Declaration. 2.1.14 "Development" shall mean and refer to the Property described on Exhibit "A" attached hereto and incorporated herein by reference. 2.1.15 "Dwelling Unit" shall mean and refer to a single-family residential dwelling constructed on a Lot. 2. 1.16 "Board of Directors" shall mean and refer to the Board of Directors designated in the Declaration to act on behalf of the Association. 2.1.17 "Fines" shall mean and refer to any monetary penalty imposed by the Board of Directors against a Lot Owner because of a violation of this Declaration, the Articles of Incorporation of the Association, its Bylaws or the Rules and Regulations by such Lot Owner, a member of the Lot Owner's family or tenant or guest of the Lot Owner or a member of a family of a tenant of a Lot Owner. 2.1.18 "Improvement (s) " shall mean and refer to all Dwelling Units, buildings, outbuildings, parking areas, fences, walls, hedges, plantings, lighting, poles, driveways, roads, ponds, trails, gates, signs, changes in exterior color or shape, excavation and all other site work, including, without limitation, grading, road construction, utility improvements, removal of trees, and any new exterior construction or exterior improvement which may not be included in the foregoing. "Improvement (s) " does not include turf, shrub or tree repair or replacement of a magnitude, which does not change exterior colors or exterior appearances. "Improvement (s) " does include both original improvements and all later changes and improvements. 2.1.19 "Lot" shall mean and refer to a physical portion of Development, which is designated for separate ownership or occupancy and the boundaries of which are described in the Plat or determined from the Declaration. 2.1.20 "Member" shall mean and refer to every person or entity who holds membership in the Association. 2.1.21 "Owner" shall mean and refer to the record owner, whether one (1) or more Persons, of a fee or undivided fee interest in any Lot, as defined herein, which is part of the Property, including contract purchasers, but excluding those having such interest merely as security for the performance of an obligation. 2.1.22 "Period of Declarant Control" shall mean and refer to the period beginning on the date this Declaration is first recorded in the office of the Clerk and Recorder of Weld County, Colorado, and ending on the date on which the Declarant shall have conveyed to parties (other than a Successor Declarant) all Lots originally owned by the Declarant in the Development. 2.1.23 "Person" shall mean and refer to an individual, corporation, business trust, estate, Limited Liability Company, limited partnership, general partnership, association, joint venture, government, government subdivision or agency, or other legal or commercial entity. 2.1.24 "Plat" shall mean and refer to the Plat of Twin View Estates, as it has been recorded and may be amended or supplemented from time 3 111101 IIIII IIIIII IIIIII X111 IIII IIIII11 III IIIII IIII IIII ' 3632641 06/25/2009 03:19P Weld County, CO 4 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder to time, in the records of the office of the Clerk and Recorder of Weld County, Colorado. 2.1.25 "Property" shall mean and refer to that certain real property described on Exhibit "A" attached hereto and incorporated herein by reference. 2.1.26 "Security Interest" shall mean and refer to an interest in real estate or personal property, created by contract or conveyance, which secures payment or performance of an obligation. The term includes a lien created by a mortgage, deed of trust, trust deed, security deed, contract for deed, land sales contract, lease intended as security, assignment of lease or rents intended as security, and any other consensual lien or title retention contract intended as security for an obligation. "First Security Interest" shall mean and refer to a Security Interest in a Lot prior to all other Security Interests except the Security Interest for real property taxes and assessments made by Weld County, Colorado, or other governmental authority having jurisdiction over the Development. 2.2 Other Terms in Declaration. Other terms in this Declaration may be defined in specific provisions contained herein and shall have the meaning assigned by such definition. ARTICLE 3. THE DEVELOPMENT 3.1 Name. The name of the Development is TWIN VIEW ESTATES. 3.2 Planned Community. The Development is not a Planned Community or Development under the Colorado Common Interest Ownership Act, C.R.S. , Section 38-33.3-101, et seq. 3.3 Maximum Number of Lots. The number of Lots created, and the maximum number of Lots that the Declarant reserves the right to create, within the Development is nine (9) . 3.4 Boundaries of Lots. The legal description of each Lot subject to this Declaration are set forth on the attached Exhibit "A." The boundaries and identifying number of each Lot created by the Declaration are set forth on the Plat for the Property, a copy of which is attached hereto as Exhibit "B." ARTICLE 4. ASSOCIATION 4.1 Authority and Power. The business and affairs of the Development shall be managed by the Association. The administration of the Development shall be governed by this Declaration, the Articles of Incorporation, the Bylaws and published Rules and Regulations (if any) of the Association. The Association shall have all of the powers, authority and duties permitted pursuant to the foregoing documents, which are necessary and proper to manage the business and affairs of the Association. 4.2 Declarant Control of Association. Declarant or Persons designated by it, may appoint and remove the officers of the Association and members of the Board of Directors during the Period of Declarant Control, but not to exceed a period of four (4) years after this Declaration is recorded in the office of the Clerk and Recorder of Weld County, Colorado. 4 .3 Board of Directors Powers and Duties. The Board of Directors may act in all instances on behalf of the Association, except as provided in this Declaration or the Bylaws. The Board of Directors shall have, subject to the limitations contained in this Declaration, the powers and duties necessary for the administration of the affairs of the Association and of the Development, which shall include, but not be limited to, the following: (a) Adopt and amend Bylaws. 4 I 11111111111 MEIN ���� ���! 1111111 ��� 11111III! IIII 3632641 06/25/2009 03:19P Weld County, CO 5 of 37 R 186.00 0 0.00 Steve Moreno Clerk& Recar;e' (b) Adopt and amend Rules and Regulations regarding the use and enjoyment of the Common Elements, and the activities of occupants thereon. (c) Adopt and amend budgets for revenues, expenditures and reserves. (d) Collect Assessments from Lot Owners. (e) Hire and discharge managers. (f) Hire and discharge independent contractors, employees and agents, other than managers. (g) Institute, defend or intervene in litigation or administrative proceedings or seek injunctive relief for violation of the Declaration in the Association's name, on behalf of the Association, or two (2) or more Lot Owners on any matters affecting the Development. (h) Make contracts and incur liabilities. (i) Enter into agreements for the acquisition of real property interests and recreational opportunities, including, without limitation, access easements to public and private lands. (j) Regulate the use, maintenance, repair, replacement and modification of the Common Elements. (k) Acquire, hold, encumber and convey in the Association's name, any right, title or interest to real estate or personal property, but the Common Elements may be conveyed or subjected to a Security Interest only pursuant to this Declaration and applicable law. (1) Grant easements for any period of time, including permanent easements, leases, licenses and concessions through or over the Common Elements, and to provide for the sharing of costs of maintaining same, as appropriate, and on terms deemed reasonable by the Board of Directors. (m) Accept exclusive or non-exclusive easements for any period of time, including permanent easements, through or over lands lying outside the Development for the benefit of Owners of Lots, and to provide for the sharing of costs of maintaining same, as appropriate, and on terms deemed reasonable by the Board of Directors. (n) Impose a reasonable charge for late payment of Assessments and levy a Fine for violation of this Declaration, the Bylaws and the Rules and Regulations of the Association. (o) Impose a reasonable charge for statements of unpaid Assessments. (p) Provide for the indemnification of the Association's officers, agents and the Board of Directors and maintain Directors' and officers' liability insurance. (q) Assign the Association's right to future income, including the right to receive Common Expense Assessments, only upon the affirmative vote of the Owners of Lots to which at least two-thirds (2/3) of the votes in the Association are allocated, at a meeting called for that purpose. 5 I MIIIIIII! 111111111111IIIIM1111111III11111IIIIIIII 3632641 06/25/20(19 03:19P Weld County, CO 6 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder (r) Act as an arbitrator or mediator with respect to any dispute between Lot Owners if the Lot Owners involved shall consent in writing to the submission of such dispute to the Association for resolution. • (s) Provide for the enforcement, on behalf of the Lot Owners, of the rights of such Owners as Owners of the Benefitted Property under the Declaration of Restrictive Covenants recorded May 17, 2005, at Reception No. 3286821, as amended from time to time. (t) Provide for the enforcement, to the extent the Association is an owner thereunder, or on behalf of the Owners, of the rights of Owners under the Surface Use Agreement recorded June 7, 2005, at Reception No. 3293024, between Declarant and Magpie Operating, Inc. (u) Exercise any other power that may be exercised in the State of Colorado by a legal entity of the same type as the Association. (v) Exercise any other power necessary and proper for the governance and operation of the Association. 4 .4 Board of Directors Limitations. The Board of Directors may not act on behalf of the Association to amend or terminate this Declaration, or to elect members of the Board of Directors or determine their qualifications, powers and duties or the terms of office of Board of Directors members, but the Board of Directors may fill vacancies in its membership for the unexpired portion of any term. 4.5 Owner's Negligence and Individual Assessments. Notwithstanding anything to the contrary contained in this Declaration, or in the event that the need for maintenance or repair of the Common Elements or any Improvements located thereon is caused by the willful or negligent act, omission or misconduct of any Lot Owner, or by the willful or negligent act, omission or misconduct of any member of such Lot Owner's family, or by a guest or invitee of such Lot Owner, or any tenant of such Lot Owner or any contractor, subcontractor, agent or subagent of such Lot Owner, or the tenant's family, the costs of such repair and maintenance shall be the personal obligation of such Lot Owner, and any costs, expenses and fees incurred by the Association for such maintenance, repair or reconstruction shall constitute an "Individual Assessment" and shall be added to and become part of the Assessment to which such Owner's Lot is subject and shall be a lien against such Owner's Lot as provided in this Declaration. In addition, the Board of Directors may levy an Individual Assessment against any Owner or his or her Lot if the Owner, his or her family members, tenants, guests or invitees willfully or negligently fail to comply with the terms and provisions of this Declaration, resulting in the expenditure of funds by the Association to cause compliance by such Person with such terms and provisions. An Individual Assessment shall be levied and the amount of the Individual Assessment shall be established only after notice to the Lot Owner and the right to be heard before the Board of Directors in connection therewith. ARTICLE 5. MEMBERSHIP, VOTING RIGHTS AND ALLOCATIONS 5.1 Membership. Every Owner of a Lot, which is subject to Common Expense Assessments, shall be a Member of the Association. The foregoing is not intended to include Persons who hold an interest merely as security for the performance of an obligation. Membership shall be appurtenant to and may not be separated from ownership of any Lot, which is subject to Common Expense Assessments by the Association. Ownership of such Lot shall be the sole qualification for membership. When more than one (1) Person holds a membership interest in any Lot, all such Persons shall be Members. The vote for such Lot shall be exercised as they among themselves determine, but in no event shall more than one (1) vote be cast with respect to any Lot. 6 I 111111 IIIII 111111111111 3632641 06/25/20(19 03:19P Weld County, CO 7 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Rece der 5.2 Voting Rights and Assignment of Votes. The effective date for assigning votes to Lots created pursuant to this Declaration shall be the date on which this Declaration is recorded in the records of the Clerk and Recorder of Weld County, Colorado. 5.3 Allocated Interests. Except as otherwise provided in this Declaration, the Common Expense Liability and votes in the Association allocated to each Lot are set forth as follows: (a) The percentage of liability for Common Expenses shall be allocated on the basis of equal liability for each Lot regardless of the actual number of acres contained therein; and (b) The number of votes in the Association shall be allocated on the basis of one (1) vote for each Lot regardless of the actual number of acres contained therein. ARTICLE 6. COMMON ELEMENTS 6.1 Dedication of Common Elements. The Declarant hereby dedicates the Common Elements to the common use and enjoyment of Lot Owners as hereinafter provided. 6.2 Dedication of Easements. Subject to the limitations and restrictions set forth in this Article 6 and all existing easements, reservations, restrictions, covenants and agreements of record, the Declarant does hereby establish, remise, release, sell, convey, quitclaim and dedicate unto the Association, its successors and assigns, for the use of the Owners of Lots within the Development, their family members, tenants, guests and invitees, the following perpetual non-exclusive easements in, over, across and upon real property located within the Property at the locations described below and/or depicted or described upon the Plat for the Property: (a) Access Easement. A perpetual non-exclusive vehicular (including all terrain vehicles and off-road vehicles) and pedestrian Access Easement sixty feet (60' ) in width which is depicted on the Plat as "Twin View Lane" and "Twin View Court" to provide ingress and egress to and from Weld County Road 3 and each Lot within the Development. (b) Drainage and Drainage Pathway Easement. A perpetual non- exclusive Drainage and Drainage Pathway Easement located as reflected on the Plat, for stormwater drainage and for the installation, construction, maintenance, inspection, operation, replacement or removal of all necessary stormwater drainage facilities. (c) Equestrian and Pedestrian Easement. A perpetual non- exclusive Equestrian and Pedestrian Easement for the Property, reflected on the Plat as "Walking Path," for non-motorized recreational purposes, including, but not limited to, walking, hiking, jogging, bicycling, cross-country skiing and horseback riding; provided however, that the Association may establish separate pathways and rules for use within the Equestrian and Pedestrian Easement for all terrain vehicles and other motorized recreational vehicles. To the extent that the Equestrian and Pedestrian Easement is located on lands not made a part of the Development, Declarant shall dedicate such easement to the Association, its successors and assigns, for the use of the Owners of Lots, by separate, recorded instrument. (d) Utility Easement. Perpetual non-exclusive Utility Easements as more fully described on the recorded Plat of the Property, and which Utility Easements may be variously described as "Access and Utility Easement" or "Utility Easement" or "Exclusive Utility Easement," which Utility Easements shall be for the installation, construction, maintenance, inspection, operation, replacement or removal of all utilities, including, but not limited to, potable water, irrigation water, sewer, telephone, data transmission, natural gas, electricity and cable television, to the Lots within the 7 1111111 !1111111111111111 IIII III! 1111111 III lit IIII Illl 3632641 06/25/2009 03:19P Weld County, CO 8 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorwer Development. Said Utility Easements may also be used, as necessary, for stormwater drainage, as deemed necessary by Declarant (or after the Period of Declarant Control, by the Association) . As shown on the attached recorded Plat of the Property, the following irrigation easements are further described for • future reference: (1) 20.00 ft underground tile irrigation easement per Book 589 at Reception No. 1510622 running north to south near the eastern boundary of the Property is used for irrigation water by a farm located south of the Property, (2) 20.00 ft underground tile irrigation easement per Book 589 at Reception No. 1510620 & 1510621 is a lateral line from the previous easement (1) and is used for irrigation water by a farm located east of the Property, (3) 20.00 ft Irrigation Easement per Book 589 at Reception No. 1510620 running southwesterly across the Property contains an open ditch conveying irrigation water to a farm located south of the Property and another temporary open ditch conveying irrigation tail water toward the southeast corner of the Property, and (4) 20.00 ft. future right of way reservation and the 30.00 ft Open Space utility easement running north to south along the western boundary of the Property currently contain a buried irrigation pipeline, headers, and valves used historically for irrigating the Property. As shown on the attached recorded Plat of the Property, the following gas pipeline easement is further described for future reference: 50.00 ft Easement dedicated to the Loveland Gas Processing Co. recorded May 14, 1982 at Reception No. 1891642 running from the northwest corner of the Property southward, and then eastward across the entire Property currently contains a gas pipeline. (e) General Utility Easements. There is hereby created a general easement upon, across, over, in and under such portion of the Property as shall be located outside of the actual final building sites on each Lot for ingress and egress and for installation, replacement, repair and maintenance of all utilities, including, but not limited to, potable water, irrigation water, sanitary sewer, telephone, data transmission, electrical, natural gas, cable television and communications systems if, and to the extent that in the reasonable discretion of the utility provider, such utilities cannot be located within existing easements. By virtue of this easement and upon a determination by the utility provider that the utilities cannot reasonably be so located, it shall be expressly permissible and proper for utility providers providing such services to install and maintain necessary equipment on all portions of the Property and to affix and maintain wires, circuits, conduits and pipelines on or under the Property. Any utility provider using this general easement will use its best efforts to install and maintain the utilities provided without disturbing the uses of the Owners, the Declarant and will prosecute its installation and maintenance activities as promptly and as expeditiously as reasonably possible. Should any utility provider furnishing service covered by this general easement request a specific easement by separate recordable document, the Declarant (during the Period of Declarant Control) and the Association (after the Period of Declarant Control) will have, and are hereby given, the right and authority to grant such easement upon, across, over or under any part of the Property without conflicting with the terms of this Declaration. This general easement will in no way affect, void, extinguish or modify any other easement on the Property. 6.3 Maintenance and Regulation of Common Elements. The Access Easement, the Drainage and Drainage Pathway Easement, the Equestrian and Pedestrian Easement, and any utility services and any other improvements contemplated by this Declaration, not owned by specific utility providers, shall be deemed Common Elements, and such improvements, together with any other Common Elements, shall be maintained, repaired and replaced as necessary by the Association so that the Common Elements present an aesthetically attractive appearance to serve the purpose for which they were installed; provided, however, the Association shall have no responsibility to maintain electrical lines, telephone lines or any other utility facilities. The Association shall have no obligation to maintain, repair, renovate, manage or control private driveways. Notwithstanding anything to the contrary contained herein, in the event the need for the Association to maintain, repair or replace a Common Element is B I 111111 1111 111111 HI 1111 11111111111III 11111 11111111 3632641 06/25/2009 03:19P Weld County, CO 9 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder caused by the willful act or gross negligence or misconduct of an Owner or a member of such Owner's family, or a guest, invitee or tenant of an Owner or a member of such tenant's family, the costs of such repair, replacement or maintenance, to the extent not covered by the Association insurance, shall be a • personal obligation of such Owner, and any costs, expenses and fees incurred by the Association for same shall be assessed to such Owner and added to Owner' s Common Expense Assessment. The Association shall have a lien for the payment of such Assessment as provided in this Declaration. The Association may adopt such Rules and Regulations with respect to its Members, their family members, tenants, guests, invitees, contract users, contractors, subcontractors and agents as shall be necessary for the proper regulation of the use of the Common Elements, including, without limitation, the Access Easement and the Pedestrian and Equestrian Easement, in order to allow the Owner of each Lot the full use and enjoyment of the Common Elements provided herein in a manner which shall not unreasonably disturb or interfere with the use of the Property by any other Persons who own a Lot within the Development. 6.4 Owners' Easements of Enjoyment. Each Owner of a Lot shall have a right and easement of enjoyment in and to the Common Elements and such easement shall be appurtenant to and shall pass with title to every Lot, subject to the following provisions: (a) The right of the Association to promulgate and publish reasonable Rules and Regulations as provided in this Declaration. (b) The right of the Association to suspend voting rights and the right to use Common Elements by a Lot Owner for any period during which any Assessment against his or her Lot remains unpaid; and for a period not to exceed sixty (60) days from any infraction of it published Rules and Regulations. (c) The right of the Association to dedicate or transfer any part of the Common Elements, to any public agency, authority, utility or other entity for such purposes and subject to such conditions as may be agreed upon by the Members, provided that no such dedication or transfer shall be effective unless the Members entitled to cast at least two-thirds (2/3) of the votes of the Association, including two-thirds (2/3) of the votes allocated to Lots not owned by the Declarant, agree to such dedication, transfer, purpose or condition. Written notice of the proposed agreement and action thereof shall be sent to every Lot Owner at least thirty (30) days in advance of any action taken. The granting of easements for public utilities or for other public purposes consistent with the intended use of the Common Elements shall not be deemed a transfer within the meaning of this clause. An agreement to dedicate, transfer or convey all or any part of the Common Elements must be evidenced by execution and recordation of an agreement or ratification thereof, in the same manner as a deed by the requisite number of Lot Owners. Such agreement must specify a date after which the agreement will be void unless recorded before that date. (d) The right of the Association to close or limit use of the Common Elements while maintaining, repairing and making replacements in the Common Elements, provided that the Association shall attempt to minimize any interference with access to Lots within the Property. 6.5 Easements for Encroachment. To the extent that any Common Roads or utilities, now or hereafter, encroach upon any area outside of its designated easement area, a valid easement shall be deemed to exist for the encroachment and for the maintenance of the same so long as such Improvement shall exist. 6.6 Emergency Easement. An easement for ingress, egress and access is hereby granted to all police, sheriff, fire protection, ambulance and other similar emergency agencies or persons to enter upon the Property in the performance of their duties. 9 I 11111111111111111111111 IIII IIII 1111111 III 111111 III IIII 3632641 06/25/2009 03:19P Weld County, CO 10 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder 6.7 Delegation of Use. Subject to such reasonable Rules and Regulations as shall be promulgated by the Association, a Lot Owner may delegate his or her right of enjoyment in the Common Elements to the members of his or her family, tenants, and a reasonable number of guests or invitees of such Lot Owner. 6.8 Title to Common Elements. The Common Elements shall be transferred to the Association free and clear of all liens and encumbrances prior to the conveyance of the first Lot within the Development; subject, however, to the provisions of Article 6 of this Declaration. Upon transfer by Declarant to the Association of any Common Elements or any improvements or facilities installed in, on or under any of the Common Elements, as contemplated by this Declaration, the Association shall be deemed to have fully accepted same, in its then present condition, and the Association shall thereafter be fully responsible for due and proper operation, repair and maintenance of same. ARTICLE 7. COVENANT FOR ASSESSMENTS 7.1 Creation of Lien and Personal Obligation of Assessments and Special Assessments. The Declarant, for each Lot owned within the Property, shall be deemed to covenant and agree, and each Owner of any Lot, by acceptance of a deed therefore, whether or not it shall be so expressed in any such deed or other conveyance, shall be deemed to covenant and agree to pay to the Association all Assessments and Fines, together with such interest thereon and costs of collection thereof as herein provided. Said Assessments, Fines, interest and costs of collection, including reasonable attorneys' fees, shall be a charge on the land and shall be a continuing lien upon the Lot against which each such Assessment or Fine is made. Such Assessments and Fines, including reasonable attorneys' fees, shall be the personal obligation of the Person who was the Owner of such Lot at the time when the Assessment or Fine fell due. The personal obligation for any delinquent Assessment or Fine shall not pass to his or her successors in title unless expressly assumed by them. No Owner may become exempt from liability for payment of Assessments or Fines by waiver of the use or enjoyment of the Common Elements or by abandonment of the Lot against which Assessments are made. 7.2 Purpose of Assessments. The Assessments levied by the Association through its Board of Directors shall be used exclusively for the purpose of promoting the health, safety and welfare of the residents in the Development; for the maintenance, repair and upkeep of the Common Elements and for any other maintenance obligations or common services which may be deemed necessary by the Association for the common benefit of the Owners, or the maintenance of property values, or for the payment of expenses which may be incurred by virtue of an agreement with or requirement of any city, county or other local government authority, and to provide for all other expenses incurred by the Association in performing its duties under this Declaration. The Assessments shall further be used to provide adequate insurance of various types, and in such amounts deemed necessary by the Board of Directors, with respect to the Common Elements. Further, the Assessments shall provide a reserve fund for replacements on a periodic basis as the Board of Directors determines necessary to adequately provide for such replacements as may be required by this Declaration. 7 .3 Annual Common Expense Assessment. The total annual Common Expense Assessment against all Lots shall be based upon the Association's advance budget of the cash requirements needed by it to provide for the administration and performance of its duties during such Common Expense Assessment year, which estimates may include, among other things: (a) Expenses of maintaining the Association and providing management for the Development; (b) premiums for all insurance which the Association is required or permitted to maintain; (c) repairs and maintenance to or replacement of the Common Elements; (d) snow removal on the Access Easement; (e) wages for Association employees, if any; (f) legal, accounting 10 ��lt1� 111111111111111111111111111111111111111111111111 3632641 06/25/2009 03:19P Weld County, CO 11 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder and property management fees; (g) any deficit remaining from a previous Assessment year; (h) the creation of reasonable, replacement or contingency reserves, working capital and/or sinking funds; (i) purchase or lease, repair, and maintenance of irrigation water services or system for use on Common Elements or Lots and (j) any other costs, expenses and fees, which may be incurred or may reasonably be expected to be incurred by the Association for the benefit of the Lot Owners under or by reason of this Declaration. Such Common Expense Assessments shall be collected at such intervals as is determined by the Board of Directors but not less frequently than on an annual basis. 7.4 Special Assessments. (a) In addition to the Common Expense Assessments authorized above, the Association may at any time, from time to time, determine, levy and assess a Special Assessment for the purpose of defraying in whole or in part, payments for any operating deficit and/or unbudgeted costs, fees and expenses of any construction, reconstruction, repair, demolition, replacement or maintenance of the Common Elements or for "Capital Improvements" or "Capital Acquisitions." Any such Special Assessment made by the Board of Directors must be approved by not less than two-thirds (2/3) of the Members who are voting in person or by proxy at a meeting duly called for that purpose. No Special Assessment for legal action pursued by the Association shall be required of the Declarant without the written Approval of the Declarant. The amounts determined, levied and assessed pursuant hereto shall be assessed equally against each Lot. (b) "Capital Improvements, " as used herein, shall mean the construction, erection or installation of substantial structure(s) or other improvement(s) to the Common Elements in the Development, but shall not include Common Elements which may hereafter be constructed, erected or installed on the Property by the Declarant. (c) "Capital Acquisitions" as used herein, shall mean the purchase, lease or other acquisition of real property interests in and about the Development, including, but not limited to, access to private and/or public lands in the vicinity of the Development or other property interests which will benefit and enhance the use and enjoyment of the Development by the Lot Owners thereof but shall not include any capital acquisitions hereafter made by the Declarant. (d) Notice in writing setting forth the amount of such Special Assessment per Lot and the due date for payment thereof shall be given to the Lot Owners not less than sixty (60) days prior to such due date. (e) Written notice of any meeting called for the purpose of taking any action authorized under this section shall be sent to all Members not less than ten (10) nor more than fifty-nine (59) days in advance of the meeting. At the first such meeting called, the presence of Members or of proxies, if permitted, entitled to cast fifty percent (50%) of all votes of the membership shall constitute a quorum. If the required quorum is not present, the meeting shall be continued to another date to be decided by the voting Members at the first meeting, and it will be called subject to the same notice requirements, and the required quorum at the subsequent meeting shall be twenty-five percent (25%) of all votes of the membership. No such subsequent meeting shall be held more than sixty (60) days following the preceding meeting. 7.5 Rate of Assessment. Except as otherwise provided in this Section 7.5 and in Section 7.13, each Owner shall be responsible for a fraction, the numerator of which shall be 1 and the denominator of which shall be equal to the number of Lots in the Development, of all Common Expense Assessments, plus any Special Assessments which shall be allocated to each Lot. Notwithstanding the foregoing, any Common Expense Assessments or Special 11 I 111111 III IIIIII III IIII IIII 1111111111 III III III IIII 3632641 06/25/2009 03:19P Weld County, CO 12 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder Assessments, which benefit fewer than all Owners shall be assessed exclusively against the Lots benefited. 7.6 Date of Commencement of Annual Common Expense Assessments and Budget. Common Expense Assessments shall commence upon the sale of the first Lot to an Owner. The first Common Expense Assessment shall be prorated according to the number of days remaining in the Assessment period established by the Board of Directors. The Board of Directors shall fix the amount of the annual Common Expense Assessment against each Lot at least yearly. Written notice of the Common Expense Assessment shall be sent to every Lot Owner subject thereto. Common Expense Assessments shall be collected at such intervals and in such installments as the Board of Directors shall determine. The due dates shall be established by the Board of Directors. After the first budget year of the Association, within thirty (30) days after adoption of a proposed budget for the Development, the Board of Directors shall provide a summary of the budget to each Owner and shall set a date for a meeting of the Lot Owners to consider ratification of the budget. The meeting shall be not less than fourteen (14) nor more than fifty-nine (59) days after the mailing of the summary. Unless at that meeting a majority of all Lot Owners reject the budget, the budget shall be ratified, whether or not a quorum is present. If the proposed budget is rejected, the periodic budget last ratified by the Lot Owners shall continue until the Lot Owners ratify a new budget proposed by the Board of Directors. 7.7 Association Lien and Effect of Non-Payment of Assessments. The Assessments, charges, fees, Fines, impositions, interest, costs, late charges, expenses and reasonable attorneys' fees which may arise under the provisions of this Declaration, shall be burdens running with, and perpetual liens in favor of the Association upon the specific Lot to which such Assessments apply. Recording of the Declaration constitutes record notice and perfection of the Association's lien. Further recording of a claim of lien for an Assessment under this section is not required. Any Assessment, charge or fee provided for in this Declaration, or any installment thereof, which is not fully paid within ten (10) days after the due date thereof shall bear interest at the Default Rate (which for purposes hereof shall be eighteen percent [18%] per annum) from the due date, and the Association may assess a late charge thereon. In the event of default in which any Lot Owner does not make payment of any Assessment levied against his or her Lot within ten (10) days of the due date, the Board of Directors shall have the right to declare all unpaid Assessments for the pertinent fiscal year immediately due and payable. Further, the Association may bring an action at law or in equity, or both, against any Lot Owner personally obligated to pay such overdue Assessments, charges or fees, or installments thereof, and may also proceed to foreclose its lien against such Owner's Lot. An action at law or in equity by the Association against a Lot Owner to recover a money judgment for unpaid Assessments, charges or fees, or installments thereof, may be commenced and pursued by the Association without foreclosing or in any way waiving, the Association's lien therefore. In the event that any such Assessment, charge or fee, or installment thereof, is not fully paid when due and the Association shall commence such action (or shall counterclaim or crossclaim for such relief in any action) against any Lot Owner personally obligated to pay the same, or shall proceed to foreclose its lien against the particular Lot, then all unpaid Assessments, charges and fees, and all unpaid installments thereof, and any and all late charges and accrued interest under this section, the Association's costs, expenses and reasonable attorneys' fees incurred in preparing and recording any lien notice, and the Association's costs of suit, expenses and reasonable attorneys' fees incurred for any such action and/or foreclosure proceedings shall be taxed by the court as a part of the cost of any such action or foreclosure proceeding and shall be recoverable by the Association from any Lot Owner personally obligated to pay the same and from the proceeds of the foreclosure sale of such Owner's Lot. Foreclosure or attempted foreclosure by the Association of its lien shall not be deemed to estop or otherwise preclude the Association from thereafter again foreclosing or attempting to foreclose its lien for any subsequent Assessment, 12 III II IIIII 111111 DIM' IIII 1111 111111 III IIIIII III IIII 3632641 06/25/2009 03:19P Weld County, CO 13 of 37 R 186.00 D 0.00 Steve Moreno Clerk& Reno la charge or fee, or installment thereof, which is not fully paid when due. The Association shall have the power and right to bid on or purchase any Lot at foreclosure or other legal sale, and to acquire and hold, lease, • mortgage, vote the Association votes appurtenant to ownership thereof, convey or otherwise deal with the same. A lien for an unpaid Assessment is extinguished unless proceedings to enforce the lien are instituted within six (6) years after the full amount of Assessments becomes due, except that if an Owner of a Lot subject to a lien under this section filed a petition for relief under the United States Bankruptcy Code, the time period for instituting proceedings to enforce the Association's lien shall be tolled until ninety (90) days after the automatic stay of proceedings under § 362 of the Bankruptcy Code is lifted. In any action by the Association to collect Assessments or to foreclose a lien for unpaid Assessments, the court may appoint a receiver for the Lot to collect all sums alleged to be due from the Lot Owner or a tenant of the Lot Owner prior to or during the pendency of the action. The court may order the receiver to pay any sums held by the receiver to the Association during the pendency of the action to the extent of the Association's Assessments, based on a periodic budget adopted by the Association. 7.8 Subordination of Lien to Security Interests. A lien under this section is prior to all other liens and encumbrances on a Lot except: (a) Liens and encumbrances recorded before the recordation of this Declaration; (b) A First Security Interest on the Lot recorded before the date on which the Assessment sought to be enforced became delinquent; and (c) Liens for real estate taxes and other governmental assessments or charges against the Lot. A lien under this section is also prior to all Security Interests to the extent that the Assessments are based on the periodic budget adopted by the Association and which would have become due, in the absence of acceleration, during the six (6) months immediately preceding institution of an action to enforce either the Association's lien or a Security Interest, and statutory liens recognized under Colorado law. If a holder of a First Security Interest in a Lot forecloses that Security Interest, the Purchaser at the foreclosure sale is not liable for any unpaid Assessments against the Lot which became due before the sale, other than the Assessments which are prior to the Security Interest under this section of the Declaration. Any unpaid Assessments not satisfied from the proceeds of sale become Common Expenses collectible from all Lot Owners, including the Purchaser. Sale or transfer of any Lot shall not affect the lien for said Assessment charges except that a sale or transfer of any Lot pursuant to foreclosure of any First Security Interest, or any proceeding in lieu thereof, including deed in lieu of foreclosure, or cancellation or forfeiture of any such executory land sales contracts shall only extinguish the lien of Assessment charges which become due more than six (6) months immediately preceding institution of an action to enforce either the Association's lien or a Security Interest, and statutory liens recognized under Colorado law. No such sale, transfer, foreclosure or other proceeding in lieu thereof, including deed in lieu of foreclosure, shall relieve any Lot from liability for any Assessment charges thereafter becoming due, nor from the lien thereof. This section does not affect the priority of mechanics' or materialmen's liens. 7.9 Record of Receipts and Expenditures. The Association shall keep detailed and accurate records in chronological order of all of its receipts and expenditures, specifying and itemizing the maintenance and repair of expenses of the Common Elements and any other expenses incurred. Such records and the vouchers authorizing the payments shall be available on request for examination by the Lot Owners and others with an interest, such as prospective lenders. 7.10 Notice to Security Interest. Upon the request of a holder of a 13 1111111 11111 111111 IIII 1111 11111 III 111111 III IIII 3632641 06/25/2009 03:19P Weld County, CO 14 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Bewilder First Security Interest on a Lot, and upon payment of reasonable compensation ` therefore, the Association shall report to such party any unpaid Assessment or other defaults under the terms of this Declaration, which are not cured by the Lot Owner within thirty (30) days. 7.11 Certificate of Status of Assessments. The Association, upon written request to the Association's registered agent, personally delivered or delivered by certified mail, first class postage prepaid, return receipt requested, and upon payment of a reasonable fee, but in no event less than Ten Dollars ($10.00) , shall furnish to a Lot Owner or such Lot Owner's designee or to a holder of a Security Interest or its designee, a statement, in recordable form, setting out the amount of the unpaid Assessments against the Lot. The statement must be furnished within fourteen (14) business days after receipt of the request and is binding on the Association, the Board of Directors and each Lot Owner. A properly executed certificate of the Association as to the status of Assessments on a Lot is binding upon the Association as of the date of its issuance. Omission or failure to fix an Assessment or deliver or mail a statement for any period shall not be deemed a waiver, modification or release of a Lot Owner from his or her obligation to pay the same. 7.12 Homestead. The lien of the Association Assessments shall be superior to any homestead exemption as is now or may hereafter be provided by Colorado or federal law. The acceptance of a deed to land subject to this Declaration shall constitute a waiver of the homestead exemption as against said lien. 7. 13 Common Expenses Attributable to Fewer than All Lots. 7.13.1 If a Common Expense is caused by the misconduct of a Lot Owner, the Association may assess that expense exclusively against that Lot Owner's Lot as more fully provided in Section 4.5, above. 7.13.2 Fees, charges, taxes, impositions, late charges, Fines, collection costs and interest charged against a Lot Owner pursuant to this Declaration are enforceable as Common Expense Assessments. 7.13.3 Any Common Expense or portion thereof benefiting fewer than all of the Lots must be assessed exclusively against all the Lots benefited in the proportions determined by the Board of Directors after considering the relative size and value that the Lots being benefited bear to all Lots benefited. ARTICLE 8. DESIGN REVIEW COMMITTEE 8.1 Committee and Guidelines. There is hereby established a Design Review Committee, which shall be responsible for administration of the Property use and design restrictions established in this Declaration, and for the establishment and administration of additional Design Guidelines to facilitate the purposes and intent of this Declaration if and when the DRC deems any such additional Design Guidelines to be necessary or appropriate. The DRC may amend, vary, repeal and augment, and grant variances from, the Design Guidelines from time to time, in the DRC's sole discretion based on concerns for good planning and design, the aesthetic, architectural and environmental harmony of the Development or other factors as necessary or desirable to fulfill the intent of the Design Guidelines. The Design Guidelines shall be binding on all Owners and other persons governed by this Declaration. The Design Guidelines may include, among other things, those restrictions and limitations set forth below: 8.1.1 Standards establishing and dictating an architectural theme and requirements pertaining to building style and design, construction materials and site planning. 14 111111111111111111111111 111111 III lilt 3632641 06/25/2009 03:19P Weld County, CO 15 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Reco;d r 8.1.2 Procedures and fees for making application to the DRC for design review approval, including the documents to be submitted and the time limits in which the DRC must act to approve or disapprove any submission. 8.1.3 Time limitations for the completion, within specified periods after Approval, of the Improvements for which Approval is required under the Design Guidelines. 8.1.4 Establishing the maximum developable area of a Lot or setback or view corridor requirements, or specific building envelopes. 8.1.5 Minimum and maximum square foot areas of living space that may be developed on any Lot. 8.1.6 Limitations on the height of any Dwelling Unit or other Improvement. 8.1.7 Specifications for the location, dimensions and appearance or screening of any fences, accessory structures, antennae or other Improvements. 8.1.8 Landscaping regulations, including limitations and restrictions prohibiting the removal or requiring the replacement of existing trees; guidelines encouraging the use of plants indigenous to the locale and compatible with the design theme for the Development; and other practices benefiting the protection of the environment, aesthetics and architectural harmony of the Development. 8.1.9 General instructions for the construction, reconstruction, refinishing or alteration of any Improvement, including any plan to excavate, fill or make any other temporary or permanent change in the natural or existing surface contour or drainage or any installation of utility lines or conduits upon a Lot, addressing matters such as loading areas, waste storage, trash removal, equipment and materials storage, grading, transformers and meters. 8.1.10Design, construction, installation and maintenance of private driveways. 8.2 DRC Membership and Organization. The DRC shall be composed of three (3) individuals and need not include any Lot Owners. Declarant hereby appoints and designates Mark A. Kross, Burton C. Kross and T. Russell McCahan to serve as the initial DRC. In the event there is not at least one (1) design professional on the DRC, the DRC may, as needed from time to time, retain the services of a design professional for assistance in the discharge of its duties the cost of which shall be borne by the Lot Owner. All members of the DRC shall be appointed, removed and replaced by the Declarant, in its sole discretion, until the Declarant waives this right by notice to the Owners recorded in the office of the Clerk and Recorder of Weld County, Colorado. At that time, unless the Declarant has appointed its successors by designating same in the written notice, the Association, acting through its Board of Directors, shall thereafter, from time to time have the right to appoint, remove and/or replace members of the DRC by duly recorded written instrument specifying the members of the DRC. 8.3 Purpose and General Authority. The DRC shall review, study and either approve or reject proposed Improvements on the Property, all in compliance with this Declaration and as further set forth in any Design Guidelines as the DRC may establish from time to time to govern its proceedings. No Improvement shall be erected, placed, reconstructed, replaced, repaired or otherwise altered, nor shall any construction, repair or reconstruction be commenced until plans for the Improvements shall have been approved by the DRC; provided, however, that Improvements that are completely within the interior of a building may be undertaken without such Approval. All Improvements shall be constructed only in accordance with approved plans. 15 11111111111111111 lid III! IIII 1111111 III 111111 III IIII 3632641 06/25/20(19 03:19P Weld County, CO 16 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Record,r The Design Review Committee shall approve plans and specifications submitted to it only if it determines that the construction, alteration, and additions contemplated thereby, and in the location as indicated, will comply with this Declaration; will serve to preserve and enhance the value of the Lots ' within the Development; will be consistent with the spirit pirit and intent of this Declaration; and will maintain a harmonious relationship among structures and topography within the Development. The Design Review Committee shall consider the quality of workmanship, type of materials, and harmony of exterior design with other Dwelling Units located within the Development. Should the Design Review Committee fail to approve or disapprove the plans and specifications submitted to it by an Owner of a Lot within thirty (30) days after complete submission of all required documents, the plans shall be resubmitted to the Design Review Committee by certified mail, return receipt requested, with a copy to the Declarant, by certified mail, return receipt requested, and, in the event that the Design Review Committee fails to approve or disapprove any plans and specifications as herein provided within fifteen (15) days after such resubmission to the Design Review Committee and the Declarant by certified mail, the same shall be deemed to have been approved, as submitted, and no further action shall be required, provided, however, that no building or other structure shall be erected or allowed to remain on any Lot which violates or is inconsistent with any of the covenants or restrictions contained in this Declaration. The issuance of a building permit or license for the construction of improvements inconsistent with this Declaration shall not prevent the Association or any Owner from enforcing the provisions of this Declaration. 8.3.1 DRC Discretion. The DRC shall exercise its good faith judgment to see that all Improvements conform to this Declaration and any Design Guidelines, and conform and harmonize with any existing structures, as to external design, quality and type of construction, materials, color, location on the Lot, height, grade and finished ground elevation, and the schemes and aesthetic considerations set forth in this Declaration and any Design Guidelines. The DRC, in its sole discretion based on concerns for good planning and design, the aesthetic, architectural and environmental interests of the Development, or other factors as necessary or desirable to fulfill the intent of this Declaration or any Design Guidelines, may excuse compliance with such requirements in specific situations and may permit compliance with different or alternative requirements. 8.3.2 Binding Effect. The actions of the DRC in the exercise of its discretion by its approval or disapproval of plans and other information submitted to it, or with respect to any other matter before it, shall be conclusive and binding on all interested parties. 8.4 Organization and Operation of DRC. 8.4.1 Chairman. So long as the Declarant appoints the DRC, the Declarant shall appoint the chairman. At such time as the DRC is appointed by the Board of Directors, the chairman shall be elected annually from among the members of the DRC by a majority vote of such members. In the absence of a chairman, the party responsible for appointing or electing the chairman may appoint or elect a successor, or if the absence is temporary, an interim chairman. 8.4.2 Operations. The DRC chairman shall take charge of and conduct all meetings and shall provide for reasonable notice to each member of the DRC prior to any meeting. The notice shall set forth the time and place of the meeting, and notice may be waived by any member. 8.4 .3 Voting. The affirmative vote of two (2) or more members of the DRC shall govern its actions and be the act of the DRC. 8.4.4 Expert Consultation. The DRC may avail itself of other technical and professional advice and consultants as it deems appropriate, and the DRC may delegate its plan review responsibilities, except final review and 16 11111 11111 111111 311 IIII MI 1111111 III 11111 III IIII 3632641 06/25/2009 03:19P Weld County, CO 17 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Reco,de' approval, to one (1) or more of its members or to consultants retained by the DRC. Upon that delegation, the approval or disapproval of plans and specifications by such member or consultant shall be equivalent to approval or disapproval by the entire DRC. 8.5 Expenses. The DRC shall have the right to charge a fee for each application submitted to it for review, in an amount which may be established by the DRC from time to time, and such fees shall be collected by the DRC defray and reimburse all expenses of the DRC's operation (including, without limitation, the cost of retaining any technical or professional advice or consultation deemed necessary or appropriate by the DRC) . 8. 6 Submission. Each application for Approval shall include such documentation as may be required by the DRC or as set forth in any Design Guidelines. 8.7 Other Requirements. Compliance with the design review process of the Development is not a substitute for compliance with the applicable building, zoning and subdivision regulations, and each Owner is responsible for obtaining all Approvals, licenses, and permits as may be required prior to commencing construction of Improvements. Further, the establishment of the DRC and procedures for architectural review shall not be construed as changing any rights or restrictions upon Owners to maintain and repair their Lots and Improvements as otherwise required under the Documents. 8.8 Limitation of Liability. The DRC shall use reasonable judgment in accepting or disapproving all plans and specifications submitted to it. Neither the DRC nor any individual DRC member shall be liable to any person for any official act of the DRC in connection with submitted plans and specifications, except to the extent the DRC or any individual DRC member acted with malice or wrongful intent. Approval by the DRC does not necessarily assure approval by the appropriate governmental board or commission for the County of Weld. Notwithstanding that the DRC has approved plans and specifications, neither the DRC nor any of its members shall be responsible or liable to any Owner, developer or contractor with respect to any loss, liability, claim or expense which may arise by reason of such Approval of the construction of the Improvements. Neither the DRC, nor any agent thereof, nor the Declarant, nor any of its employees, agents or consultants shall be responsible in any way for any defects in any plans or specifications submitted, revised or approved in accordance with the provisions of this Declaration, nor for any structural or other defects in any work done according to such plans and specifications. In all events the DRC shall be defended and indemnified by the Association in any such suit or proceeding, which may arise by reason of the DRC's decision. The Association, however, shall not be obligated to indemnify a member of the DRC to the extent any such member of the DRC is adjudged to be liable for negligence or misconduct in the performance of his or her duty as a member of the DRC, unless and then only to the extent that the court in which such action or suit may be brought determines upon application that, despite the adjudication of liability but in view of all circumstances of the case, such person is fairly and reasonably entitled to indemnification for such expense as such court shall deem proper. 8.9 Enforcement. 8.9.1 Inspection. Any member or authorized consultant of the DRC may enter upon any Lot at any reasonable time after notice to the Owner, without being deemed guilty of trespass, in order to inspect Improvements constructed or under construction on the Lot to determine whether the Improvements have been or are being built in compliance with this Declaration and the plans and specifications approved by the Design Review Committee. 8.9.2 Certificate of Compliance. Upon payment of a reasonable fee established from time to time by the DRC, and upon written 17 IIIIIII 11111 X11111111111 ���� 111101111110111111111 IAI! 3632641 06125/20(19 03:19P Weld County, CO 18 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Record r request of any Owner or his or her agent, an existing or prospective lender, or a prospective grantee, the DRC shall issue an acknowledged certificate, in recordable form, setting forth generally whether, to the best of the DRC's knowledge, the Improvements on a particular Lot are in compliance with the terms and conditions of this Declaration. 8.9.3 Deemed Nuisances. Every violation of this Declaration is hereby declared to be and to constitute a nuisance, and every public or private remedy allowed for such violation by law or equity against a Lot Owner shall be applicable. Without limiting the generality of the foregoing, this Declaration may be enforced as provided below. (i) Fines for Violations. The Association or the DRC may adopt a schedule of fines for failure to abide by this Declaration and any Design Guidelines, including fines for failure to obtain any required approval from the DRC. (ii) Removal of Nonconforming Improvements with Court Order. The DRC, the Association, or any Lot Owner, and after first obtaining a court order from a Colorado court having jurisdiction thereof, may enter upon any Lot and remove any Improvement constructed, reconstructed, refinished, altered or maintained in violation of this Declaration. The Owner of the Improvement shall immediately reimburse the appropriate parties for all expenses incurred in connection with such removal. If the Owner fails to reimburse the appropriate parties within thirty (30) days after receipt of notice of the expenses, the sum so owed shall bear interest at the rate of eighteen percent (18%) per annum from the date of the advance through the date of reimbursement in full, and all such sums and interest shall be a lien on the defaulting Owner's Lot, and shall also be enforceable as provided in this Declaration. 8.10 Continuity of Construction. All Improvements commenced on the Property shall be prosecuted diligently to completion and shall be completed within twelve (12) months after commencement, unless an exception is granted in writing by the DRC. If any Improvement is commenced and construction is then abandoned for more than ninety (90) days, or if construction is not completed within the required twelve (12) month period, then after notice and opportunity for hearing as provided in the Bylaws, the Association may impose a fine of not more than One Thousand Dollars ($1,000.00) per day (or such other reasonable amount as the Association may set) to be charged against the Owner of the Lot until construction is resumed, or the Improvement is completed, as applicable, unless the Owner can prove to the satisfaction of the Board of Directors that such abandonment is for circumstances beyond the Owner's control. Such charges shall be an Individual Assessment and lien as provided in this Declaration. ARTICLE 9. PROPERTY USE RESTRICTIONS 9.1 General Restriction. The Property shall be used only for the purposes set forth in this Declaration, as permitted by the applicable ordinances of the County of Weld, and shall be subject to the Right to Farm elements found in Appendix 22-E of Weld County Code, and the laws of the State of Colorado and the United States, and as set forth in this Declaration or other specific recorded covenants affecting all or any part of the Property. 9.2 Building Type/Size and Use Restrictions. Each Lot may be used only for residential purposes and developed by construction of a Dwelling Unit, together with accessory structures, including, but not limited to, barns, corrals or similar structures which are incidental to a residential use and which is subordinate to the Dwelling Unit constructed upon a Lot. Notwithstanding the foregoing, in the event a Lot Owner owns two (2) or more adjacent Lots, then, in such event, one (1) Lot may be used for residential purposes by constructing a Dwelling Unit with the other Lot (s) being used for incidental structures, such as barns, outbuildings, corrals, indoor arenas or other similar structures approved by the Design Review Committee. Except as set forth in Section 9.18, no business or commercial enterprise or other non- residential use may be conducted on any part of a Lot and no business or 18 1111111 11111111111111111 IIM liII 1111111 III 111111 III IIII 3632641 06/25/2009 03:19P Weld County, CO 19 of 37 R 186.00 D 0.00 Steve Moreno Clerk& Receidar commercial building may be erected on any Lot. Each Dwelling Unit shall include an attached or detached garage accommodating at least two (2) motor vehicles. Any garage, whether attached or detached, shall be of a design, appearance and materials similar to or compatible with the principal Dwelling Unit. No Dwelling Unit or other building or structure shall be erected, altered or permitted to remain on the Lot unless the square footage of the first floor footprint of the Dwelling Unit, (basement, walk-out, or garden level is not considered the first floor, and open porches and garages are not included in the footprint determination) , is not less than fifteen hundred (1,500) square feet for a multi-level building or is not less than two thousand (2, 000) square feet for a single-level building. No Dwelling Unit or other building or structure shall be erected, altered or permitted to remain on the Property if the height thereof, as measured in accordance with the standards of any governmental authority exercising jurisdiction over the Lot, exceeds thirty-two feet (32' ) . The Dwelling Unit shall not be of modular or metal design. Barns, garages and other small sheds and similar structures (defined as Accessory Structures) , which are well constructed and of neat appearance (architecturally consistent with the design of the primary Dwelling Unit on the Lot) shall be permitted, provided the total square foot of all such Accessory Structures are in compliance with Section 23-3-440 of the Weld County Code and does not exceed 5,000 square feet. In accordance with Article 8, the DRC may grant a variance to construct Accessory Structures such as machine sheds, storage buildings, or hay storage buildings with metal design of a neat appearance on an appropriate location of the Lot. 9.3 Manufactured Housing/Mobile Homes. No mobile homes or modular homes shall be permitted on any Lot within the Development. The foregoing shall not preclude installation of high quality factory manufactured stick built homes which are placed on a permanent concrete foundation, and which meet the other architectural and Design Guidelines set forth in this Declaration or adopted by the Design Review Committee. The Design Review Committee may, in its sole discretion, based on a determination that the appearance and quality of construction of a proposed structure is such that it not detract from the appearance or value of the remaining Lots, allow such factory, manufactured stick built homes, or other precast or pre-engineered building components within a structure assembled on a Lot, provided that such approval is obtained in writing prior to construction. 9.4 Architectural Requirements. (a) Materials. All Dwelling Units constructed within the Development shall be of materials consistent with the rural, high plains nature of the Development, such as natural, stained or earth tone plank/wood siding, masonite siding, stucco, brick or stone. High quality vinyl, aluminum or other metal siding may be allowed in the discretion of the DRC. As a general design goal, 50% of the Dwelling Unit's front facade shall be brick or stone. All materials used on the front elevation shall also be incorporated on all four- sides of any Building or other Improvement. Reflective roof materials and similar materials inconsistent with the character of the Development are prohibited. (b) Color. All Dwelling Units and other structures constructed on any Lot shall be stained or painted such natural colors as shall be authorized and approved in writing by the DRC. Bright colors shall not be permitted as the primary color of any Dwelling Unit and outbuildings. It is the intent of these restrictions that colors of Dwelling Units and other structures within the Development shall be such as to minimize the visual impacts and to otherwise be compatible with the rural, high plains nature of the Development. 9.5 Outbuildings. Any outbuildings (including, without limitation, corrals, barns or other structures as contemplated by Sections 9.2) shall be similar in design, appearance and color to the Dwelling Unit located on such Lot. 19 111111 IIIII 111111111111 Ill 11111111111 III 1E1111111111 1111 3632641 06/25/2009 03:19P Weld County, CO 20 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder 9.6 Temporary Structures. No structures of a temporary character, including, by example and not limitation, trailers, mobile homes, converted trailers, recreational vehicles, campers or tents shall be used on any Lot. No • temporary structures shall be permitted except as may be determined to be necessary during construction and as specifically authorized by the Design Review Committee and the Weld County Department of Planning and Building Inspection. 9.7 Fences. While fencing of any Lot shall not be required (other than in connection with the placement of animals on Owner's Lot as addressed in Section 9.19) any fences installed on the exterior boundary of a Lot shall be installed in a workmanlike manner and shall consist of new materials. Any fences constructed within the interior of a Lot shall also be installed in a workmanlike manner and shall consist of new materials and colors compatible with the other Improvements located on the Lot. No fencing shall interfere with the Access Easement. Any such fencing shall, in any event, be subject to approval by the DRC. 9.8 Motorized Vehicles and Trailers. No trailers, motor homes, camper units, boats, recreational vehicles, snowmobiles, all-terrain vehicles, horse trailers, machines, trucks, commercial vehicles, or inoperative vehicles shall be stored, parked or permitted to remain upon the Property except within fully enclosed garages or if reasonably screened from view of the other Lots. Commercial vehicles engaged in the delivery or pick up of goods or services shall be exempt from the provisions of this Section, provided that they do not remain within the Property in excess of a reasonable period of time required to perform such commercial functions. For purposes of this Section, a three- fourths (3/4) ton or smaller vehicle, commonly known as a "pick-up truck, " shall not be deemed a "truck" or "commercial vehicle. " In addition, for purposes of this Section, any disassembled or partially disassembled automobile or other vehicle or any automobile or other vehicle which is not capable of moving under its own propulsion for more than seventy-two (72) consecutive hours shall be deemed an inoperative vehicle subject to the terms of Section 9.12. 9.9 No Excavation. No excavation shall be made except in connection with Improvements approved as provided in this Declaration. For purposes of this Section, "excavation" means any disturbance of the surface of the land, which results in a removal of earth, rock, or other substance a depth of more than twelve (12) inches below the natural surface of the land. 9.10 Signs and Advertising. All signs, with the exception of the entrance sign, must adhere to requirements and regulations of Article IV, Division 2, Estate Zoning of the Weld County Code. In addition the following provisions shall apply to the extent that these provisions are as restrictive or more restrictive than applicable Weld County Codes: no sign of any character shall be displayed or placed upon any Lot, except signs meeting the following requirements: (i) one (1) sign per Lot of not more than six (6) square feet in total area (per side) advertising a Lot for sale shall be permitted on each Lot; (ii) the Declarant shall have the right to place a permanent sign adjacent to any public road or the Access Easement identifying the Development; (iii) until such time as the Declarant is no longer the Owner of a Lot within the Property, the Declarant or its agents shall have the right to place one (1) or more signs on the Property, without limitation as to size, offering the Lots within the Property for sale; (iv) additional signs may be permitted if approved by the DRC. 9.11 Trash. No trash, ashes, building materials, firewood or other unsightly items should be thrown, dumped or stored on any land or area within the Development. Rubbish, refuse, garbage, and other solid, semi-solid and liquid waste shall be kept within sealed containers, shall not be allowed to accumulate on any Lot, and shall be disposed of in a sanitary manner. No Lot shall be used or maintained as a dumping ground for any materials, provided that the foregoing shall not prohibit a properly maintained compost pile from 20 I 111111 IIIII 111111111111111111111111111 III IIIIII1 II IIII 3632641 06/25/2009 03:19P Weld County, CO 21 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Decor°,r being located upon a Lot. All trash containers shall be kept in a neat, clean and sanitary condition and shall be stored inside a garage or other approved structure. No trash, litter or junk shall be permitted to remain exposed upon any Lot and visible from adjacent public roads or other Lots. There shall be no burning or other disposal of refuse out of doors. No lumber or other building materials shall be stored or permitted to remain on any Lot unless screened from view from other Lots and public roads except for reasonable storage during construction. In order to minimize damage to the common roads, the Association, acting through its Board of Directors, shall have the right to require trash collection from Lots be performed by only one (1) company and that the trash shall be collected from all Lots by such trash company on the same day of each week. The Board of Directors shall select the trash collection company based upon competitive bids. The costs of removal of trash and debris from an Owner's Lot shall be paid by each Owner directly to the trash collection company and the Association shall not have the duty to assess the costs of trash collection as a Common Expense. No Owner shall be deemed prohibited from personally disposing of trash from his or her Lot. This Section 9. 11 shall not apply to any contractor during the construction of a Dwelling Unit or other Improvements within Lots. The contractor may dispose of trash, rubbish, debris and other construction material from a Lot either personally or by contracting with a trash collection company. The trash collection company may remove trash, rubbish, debris and other construction materials from a Lot during the construction of the Dwelling Unit as often as the contractor deems appropriate or as required by the Design Review Committee. However, all trash to be removed from the Development, including trash removed during the period of construction, shall be subject to such Rules and Regulations as shall be established from time to time by the Association for the purpose of minimizing damage to the Common Roads. 9.12 Abandoned or Inoperable Vehicles. No abandoned or inoperable vehicles of any kind shall be stored or parked on any portion of the Property, except as provided below. "Abandoned or inoperable vehicle" is defined as any vehicle, which has not been driven under its own propulsion for a period of seventy-two (72) hours or longer; provided, however, this shall not include vehicles parked by Owner in an approved location while on vacation or residing away from the Property. A written notice describing the "abandoned or inoperable vehicle" and requesting its removal may be personally served upon the Owner or posted on the unused vehicle. If such vehicle has not been removed within seventy-two (72) hours after notice has been given, the Association or any Owner of a Lot shall have the right to remove the vehicle without liability. All unsightly or oversized vehicles, recreational vehicles, snow removal equipment, garden maintenance equipment, and all other oversized or unsightly equipment, machinery or vehicles may not be parked or stored on the Restricted Property except within a residential garage or Accessory Structure or reasonably screened from view. "Oversized" vehicles, for purposes of this Section, shall be vehicles, including recreational vehicles, which are too high to clear the entrance to a customary residential garage. 9.13 Antennas and Satellite Dishes. All external radio antennas, television antennas, satellite dishes or other external signal receiving devices shall be installed or erected in such a manner and with appropriate screening, with unobtrusive placement, plantings, painting and other measures to ensure that the aesthetics of the Development are protected, to protect the views from other Lots, and to ensure the safety of the installation of any such devices. In no event shall any satellite dish in excess of one (1) meter in diameter be permitted within the Development. The Design Review Committee may promulgate reasonable rules and regulations to regulate the proposed locations and require screening or painting to minimize visual intrusion of such devices, provided that no such rules and regulations shall impair dish or antenna reception nor result in an unreasonable cost or delay in the installation and maintenance of a satellite dish or antenna. In no event shall any such antennas, dishes or other external signal receiving devices be installed on 21 IOU IIIII111111111011111 HI 1111111 X11111 3632641 06/25/2009 03.19P Weld County, CO 22 of 37 R 186.00 0 0.00 Steve Moreno Clerk 8 Recorder towers, and any such devices shall only be roof-mounted or at other locations acceptable to the DRC. 9.14 Outside Burning. There shall be no exterior fires, except barbecues, outside fireplaces and braziers contained within facilities or receptacles and in areas designated and approved by the Design Review Committee. Incinerators and incinerator fires are prohibited. No Owner shall permit any condition upon his or her Lot, which creates a fire hazard or is in violation of fire prevention regulations. 9.15 Compliance with Laws. Subject to the rights of reasonable contest, each Owner shall promptly comply with the provisions of all applicable laws, regulations, ordinances, and other governmental or quasi-governmental regulations with respect to all or any portion of the Property. Without limiting the generality of the foregoing, each Owner shall abide by any wildlife regulations imposed by any agency or authority having jurisdiction over the Property. No Owner shall dispose of, or allow any person under the Owner's control or direction to release, discharge or emit from the Property or dispose of any material on the Property that is designated as hazardous or toxic under any federal, state or local law, ordinance or regulation. 9.16 Control of Weeds/Mowing. The Owner of each Lot shall control Canadian thistle and other noxious weeds upon his or her Lot by mowing or applying weed control chemicals prior to maturity of the weeds and the windborne disbursement of seeds therefrom. The Association shall have the right to establish reasonable rules and regulations from time to time with respect to cutting or mowing of grasslands on each Lot, which are reasonably accessible by tractor or other mowing equipment in order to minimize potential fire hazards to persons and property within the Development. In the event an Owner fails to mow or cut his or her grass in accordance with any rules and regulations established by the Association for the purpose of minimizing fire hazards, the Association may enter upon such Lot and cut and/or mow grasses and vegetation and the Association shall be liable to the Association for the costs and expenses incurred in doing so. 9.17 Maintenance of Lots and Improvements. Each Owner shall keep or cause to be kept all buildings, fences, and other structures located on his or her Lot in good repair and shall otherwise comply with the Design Guidelines. The exterior of all Dwelling Units and any and all appurtenant structures within the Development shall be maintained in good, attractive condition by the Owners thereof. All Dwelling Units and appurtenant structures shall be repainted or restained periodically as needed. The Association may require an Owner to paint or stain a Dwelling Unit and appurtenant structures, and upon such Owner' s failure to do so, the Association may cause such action to be taken, and may assess such Owner for the costs incurred thereby. If any Owner fails to maintain the exterior surfaces in accordance with the foregoing requirements, the Association may give the Owner written notice to perform such work within not less than fifteen (15) days, and if the Owner fails to perform such work within that time, the Association may have such work done at the expense of the Owner. If the work is done by the Association at the Owner's expense, the Owner shall pay for such work within three (3) days after notice is given in writing to the Owner as to the cost of such work. If the Owner fails to pay within that time and if the Association thereafter incurs reasonable attorneys' fees and costs in collecting such amount from the Owner, all such attorneys' fees and costs incurred shall likewise be a debt owing by the Owner to the Association. Prior to the start of construction of a Dwelling Unit on each Lot, the Association shall have the right to plant and maintain grass on it; periodically mow such grass and other vegetation; remove any trash or other debris; and remove snow from any sidewalk on the Lot. The Association may charge reasonable fees to the Owners of such vacant Lots, for such services. Such services shall be deemed rendered solely to the Owners of each such vacant 22 ISM' 11111111111 DIM' 'Milli' IIIIIII III Hill III! 3632641 06/25/2009 03:19P Weld County, CO 23 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder Lot and charged to such Owners accordingly. The service charges shall be based upon actual costs incurred by the Association to perform the services, as well as an administrative fee; such service charges need not be identical for the Lots. Such service charge shall be due upon billing by the Association and payable within fifteen (15) days of such billing. The Owner shall be liable for reasonable attorneys' fees and costs incurred by the Association in collecting such service charge. 9.18 Home Occupations. In addition to any restrictions imposed upon Owners of Lots by Section 23-1-90 of the Weld County Code, with regard to home occupations or businesses, no Owner shall conduct any home occupation or business activity upon the Property unless it complies with the following requirements, which are intended to be as restrictive or more restrictive than applicable Weld County Codes: (a) Such home occupation shall be conducted only within the interior of the Dwelling Unit or Accessory Structures, provided that incidental activities associated with such Home Occupation may be conducted outdoors, within 50 feet of these structures. (b) The home occupation shall be conducted only by residents or Owners of a Dwelling Unit and no more than five (5) non-residents shall be employed in connection with the home occupation carried on in the Dwelling Unit. (c) The conduct of such home occupation must be permitted under the Zoning Regulations of Weld County, Colorado. (d) Not more than sixteen (16) additional vehicular trips shall be allowed each day on the Property for deliveries or pick ups in connection with any such trade or business, including deliveries or pick ups by commercial delivery services, such as Federal Express or United Parcel Service. (e) The activity is consistent with the residential character of the Property and does not constitute a nuisance, a hazardous or offensive use or threat to the safety or security of any owners or occupants of the Benefitted Property. (f) Selling of vegetables, flowers (including seeds, tubers, bulbs, etc. ) , animal and avian produce, and other products grown or produced on the Property shall be permitted as a Home Occupation, provided that such produce and products may be produced and sold outdoors on the Property, notwithstanding the provisions of subparagraph (a) , above. (g) Pursuant to Article 9.10, signs advertising the Home Occupation are not permitted on the Lot. 9.19 Animals. In addition to any restrictions imposed upon Owners of Lots by Section 23-1-90 of the Weld County Code and Section 23-3-440.H of the Weld County Code for Estate Zoning, with regard to animals allowed, the Owner or tenant of the Lot may keep animals upon the Lot for recreational purposes and for use by the immediate family of such Owner or tenant, subject to the following restrictions and limitations to the extent that these provisions are as restrictive or more restrictive than applicable Weld County Codes: (a) Household pets, such as dogs and cats, shall be permitted on the Lot, provided that said pets shall remain under the control of their owner at all times by voice control or physical restraint and shall not be allowed to chase domestic animals, livestock or wildlife. Household pets may not be kept, bred or maintained on the Lot for commercial purposes. No more than four (4) adult dogs, six adult (6) cats, and three (3) other household pets shall be allowed. Any offspring of a dog or cat over four (4) months of age shall be considered an adult. (b) Any Person owning, keeping or possessing a dog upon the Lot 23 111111111111111111111111 IIII IIII 1111111 III 1111111111111 3632641 06/25/2009 03:19P Weld County, CO 24 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder shall not permit his or her dog to bark and/or howl continuously for a period in excess of ten (10) minutes between the hours of 10:00 p.m. and 6:00 a.m. , or for a period in excess of twenty (20) minutes between the hours of 6:00 a.m. and 10:00 p.m., if such barking or howling is audible at the boundary of the Lot. (c) All permitted animals shall be cared for in a humane and husbandlike manner. (d) The Lot shall be maintained in a clean and sanitary condition at all times. (f) Aside from dogs, cats and indoor household pets, the number of animals allowed on the Lot shall be subject to the schedule set forth below, and the Lot will not have in excess of a half (0.5) "Animal Units" per acre of Lot size (calculated based on Gross lot size, and rounded to the nearest 0.5 animal unit; i.e., a lot of 4.68 acres would be allowed 2.5 animal units) , provided that in the event that the calculation of Animal Units pursuant to any applicable Weld County regulations is different, the stricter calculation shall apply: The indicated animal type shall have the equivalent "Animal Units" as set forth below: Type of Animal Animal Units Swine or Pig 2.50 Dairy Cow 2.00 Bull, less than one year old .50 Non-dairy cow, one year old or more 1.00 Non-dairy cow, less than one year old .50 Horse, one year or older .50 Horse, less than one year old .50 Individual sheep, older than one year 1.00 Individual sheep, less than one year old .50 Individual goat, older than one year 1.00 Individual goat, less than one year old .50 Llama (or Alpaca) 1.00 Domestic Fowl .05 (not including peacocks, emus or ostrich) Game birds, for release or breeding .01 For example, if the Lot contains 9.05 acres of land resulting in a total of four and a half (4.5) Animal Units allowed; the maximum number of Horses (one year or older) allowed would be 9 Horses, with no other listed Animals permitted. Another example for the same 9.05-acre Lot with multiple animals could allow the following: 5 Adult Horses, 1 Non-dairy cow one year or older; and 20 Domestic Fowl. Any combination of listed Animals that do not exceed the total allowed Animal Units as calculated above are permitted at any moment in time. (g) Notwithstanding the above Animal Unit calculation, the Lot shall not be over grazed at any time. Dust originating from an over grazed pasture or corral shall be considered as nuisance subject to the restrictions of Article 9.23. (h) Dangerous Animals, such as but not limited to, pit bull and rottweiler dogs, venomous or constricting snakes, or exotic animals, shall not be allowed on the Restricted Property at any time. (i) All agriculture activities (including the raising of any livestock or produce or crops of any nature permitted herein) must be incidental to the primary residential land use of the Lot, and shall not be of a commercial nature, except (a) sale of off spring of allowed animals as defined in Article 9.19, (b) activities defined in Article 9.18 (f) , and sale of excess hay or grain raised on the Lot shall not be considered a commercial nature. Any animal pens, stalls, cages, corrals or other enclosures shall be maintained on a regular basis to ensure a neat and orderly appearance and a 24 1 11111111111III1111111111111 3632641 06/25/2009 03:19P Weld County, CO 25 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder clean and healthy atmosphere. Appropriate measures to mitigate offensive odors, noise or dust in maintaining equine or other animals upon the Lot shall be undertaken by the Owner. All animals shall be maintained in proper animal enclosures or corrals, and will not be allowed to roam or graze at large outside the confines of the Lot. Hay, straw, and bedding materials must be neatly stacked if stored outdoors. If covered, the tarp material must be of solid color without lettering or designs in standard colors (i.e., blue, black, silver, but not bright orange) . (j) Pet runs or other fenced-in areas for the containment of dogs or other pets shall be permitted upon a Lot only with the prior written Approval of the Design Review Committee. In considering whether to approve any such pet run or other fenced-in areas, the Design Review Committee shall consider the location, size, concealment, proximity to surrounding structures and adjacent Lots, proposed building materials, aesthetic appeal and harmony of exterior design in relation to surrounding structures. (k) The DRC may, in its discretion, after considering the number and type of animals to be kept within a Lot, grant a variance or place additional restrictions on animals and agricultural practices. 9.20 Landscaping. Commencing as to each Lot when a certificate of occupancy has been issued for a Dwelling Unit on such Lot, the landscaping on each Lot shall be maintained by the Owner subject, however, to the right of the Association to perform any maintenance deemed necessary or desirable to maintain the high standards established for the Development, and to assess such Owner for such required maintenance. If any Owner fails to maintain landscaping on such Owner's Lot in accordance with such requirements, the Association may give the Owner written notice to perform necessary maintenance within not less than fifteen (15) days, and if the Owner fails to perform such maintenance work within that time, the Association may have such work done at the expense of the Owner of the Lot. If the work is done by the Association at the Owner's expense, the Owner shall pay for the such work within three (3) days after notice is given in writing to the Owner as to the cost of such work. If the Owner fails to pay within said time and the Association thereafter incurs reasonable attorneys' fees and costs incurred shall likewise be a debt owing by the Owner to the Association. In order to maintain Weld County required septic system envelope protection, activities such as landscaping (i.e. , planting of trees and shrubs) and construction (i.e. , accessory structures, dirt mounds, etc. ) are expressly prohibited in the designated absorption field site. No living tree may be removed except pursuant to a landscaping plan approved by the DRC or otherwise with the approval of said DRC. Said prohibition extends to naturally existing trees, shrubs and bushes and to trees, shrubs and bushes planted by Owners. No grading or other soil or earthwork shall be performed on a Lot until plans for placing improvements on such Lot have been properly approved by the DRC, and then only to the extent contemplated by such approved plan. After completion of such set of improvements on a Lot, the ground shall be restored, as nearly as possible, to its original contours and appearance. Contour changes of more than one foot from existing grades shall require the approval of the DRC. The natural groundcover of a Lot shall not be disturbed unless approved by the DRC. 9.21 No Resubdivision. Under no circumstances may any Lot be further divided, subdivided or resubdivided. However, nothing contained herein shall be construed to prevent an Owner from combining two (2) or more contiguous Lots and building only one (1) Dwelling Unit on one (1) of such Lots upon complying with all applicable requirements of Weld County and with all applicable Design Guidelines, including, but not limited to, any requirements in connection with adjustments to (i) accommodate a larger Dwelling Unit on a Lot; (ii) modify minimum and maximum areas of living area that may be constructed and (iii) undertake measures necessary to preserve any easements reserved with respect to the contiguous Lots. In the event two (2) or more contiguous Lots 25 111111IIIII1111111111111111IIII1111111III111111I II IIII 3632641 06/25/2009 03:1913 Weld County, CO 26 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Records• are owned by one (1) Owner and developed with only one (1) Dwelling Unit, such action shall not affect the number of votes or Assessments allocated to such Lots. In the event the Owner of such contiguous Lots is required by Weld County or any other governmental authority or by the holder of a First Security Interest to plat the Lots in order to construct Improvements on them, the obligation for Assessments, voting rights and Allocated Interests set forth herein for the Lots shall remain the same as existed immediately prior to such platting. 9.22 Disturbing the Peace. No Person shall disturb, tend to disturb, or aid in disturbing the peace of others by violent, tumultuous, offensive, disorderly, or obstreperous conduct, and no Owner shall knowingly permit such conduct upon any Lot owned by such Owner. 9.23 Noise/Nuisance. No exterior horns, whistles, bells or other sound devices, except security devices used exclusively to protect the security of the Property or Improvements, shall be placed or used on any portion of the Property. No obnoxious or offensive activity shall be carried on within the Property, nor shall anything be done or permitted which shall constitute a public nuisance. No noise or other nuisance shall be permitted to exist or operate upon the Property so as to be offensive or detrimental to any other part of the Property or its occupants. No activity, which creates a foul or unpleasant odor as determined by the DRC shall be permitted on any Lot. Except as defined in the Surface Use Agreement dated June 30, 2004, between Twin View Estates, LLC and Magpie Operating, Inc, 2707 South County Road 11, Loveland, Colorado, recorded at Reception No. 3293024, no oil drilling, oil development operations, oil refinery, quarrying or mining operations of any kind shall be permitted upon or in the Property, nor shall oil wells, tanks, tunnels, mineral excavations or shafts be permitted upon or in the Property. Except as defined in such Surface Use Agreement, no derricks or other structures designed for use in boring for oil or natural gas shall be erected, maintained or permitted upon the Property. 9.24 Lighting. In addition to any restrictions imposed upon Owners of Lots by Section 23-3-440 of the Weld County Code, with regard to outdoor lighting; all exterior lighting less than 250 watts of power mounted on the Dwelling Unit or Accessory Structures on the Lot shall not be subject to approval by Association (or their representative) . Any exterior lights or lights directed at the outdoors in excess of 250 watts of power located anywhere on the Lot shall be subject to approval by the Association (or their representative, except that one (1) yard floodlight mounted on a pole not to exceed 20 feet shall be permitted on the Lot for each 5 acres of total lot size. Lights for recreational areas (i.e. , arenas; corrals; basketball, tennis, or volleyball courts; and skating rinks) , which are in compliance with the above conditions of Article 9.24, shall be turned off from 11:00 p.m. until dawn. 9.25 General Practices Prohibited. The following practices are prohibited within the Development: 9.25.1 Removing any rock, plant material, top soil or similar items from any property of others; 9.25.2 Careless disposition of cigarettes and other flammable materials; or 9.25.3 Violation of any state, federal, or local law, ordinance, rule or regulation. 9.26 Leasing. The Owner of a Lot shall have the right to lease his or her Lot, subject to the following conditions: 9.26.1 All leases shall be in writing and shall be for a term of not less than thirty (30) days. 26 111111 IIIII 111111111111 IIII IIII IIIIII1 III IIIIII1 II 1111 3632641 06/25/2009 03:19P Weld County, CC 27 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Record3r 9.26.2 Any lease shall be for the entire Dwelling Unit and related Improvements. • 9.26.3 The lease shall be specifically subject to this Declaration, and any failure of a tenant to comply with this Declaration shall be a default under the lease. 9.26.4 The Owner shall be liable for any violation of this Declaration committed by the Owner's tenant, without prejudice to the Owner's right to collect any sums paid by the Owner on behalf of the tenant. 9.27 Enforcement. The Association, or the Design Review Committee, or any Lot Owner, may take such action, as it deems advisable to enforce this Declaration as provided herein. In addition, the Association and the Design Review Committee shall have a right of entry on any part of the Property for the purposes of enforcing this Article, and any costs incurred by the Association or the Design Review Committee in connection with such enforcement which remain unpaid thirty (30) days after notice of the cost has been given to the Owner shall be subject to interest at the rate of eighteen percent (18%) per annum from the date of the advance through the date of payment in full by the Owner, and shall constitute a lien against such Owner's Lot. 9.28 Zoning Regulation. No Lot shall be occupied or used by or for any structure or purpose which is in violation of the building codes, zoning resolutions, subdivision regulations or other governmental rules and regulations applicable to the Development, including the zoning regulations of Weld County, Colorado. Such governmental restrictions on the use and construction and erection of Improvements upon the Property may be more restrictive than those set forth in this Declaration and the Declarant makes no representation that Approval of any use or structure by the Design Review Committee shall be deemed approved by the appropriate governmental entity. ARTICLE 10. INSURANCE AND FIDELITY BONDS 10.1 Authority to Purchase. All insurance policies relating to the Common Elements shall be purchased by the Association or its duly authorized agent. The Board of Directors, any manager and the Declarant shall not be liable for failure to obtain any coverage required by this Article 10 or for any loss or damage resulting from such failure if such failure is due to the unavailability of such coverage from reputable insurance companies, or if such coverage is available only at demonstrably unreasonable costs. Notwithstanding the foregoing, if the insurance described in Sections 10.3 and 10.4, below, is not reasonably available, or if any policy of such insurance is cancelled or not renewed without a replacement policy having been obtained, the Association promptly shall cause notice of that fact to be hand delivered or otherwise delivered to all Owners. 10.2 General Insurance Provisions. All such insurance coverage obtained by the Board of Directors shall conform to, the following provisions: 10.2.1 As long as the Declarant owns any Lot, the Declarant shall be protected by all such policies in the same manner as any other Owner. The coverage provided to the Declarant under the insurance policies obtained in compliance with this Article 10 shall not be deemed to protect or be for the benefit of any general contractor engaged by the Declarant, nor shall such coverage be deemed to protect the Declarant for (or waive any rights with respect to) warranty claims against the Declarant in its capacity as the developer of the Development. 10.2.2 The deductible, if any, on any insurance policy purchased by the Board of Directors may be treated as a Common Expense payable from annual Common Expense Assessments or Special Assessments allocable to all of the Lots or to only some of the Lots, if the claims or damages arise from the negligence of particular Owners (if the repairs benefit only particular 27 I IOU 111111 IIII IIII 1111111 III WIC I I IIII 3632641 06/25/2009 03:19P Weld County, CO 28 of 37 R 186.00 D 0.00 Steve Moreno Clerk & ResnrIEr Owners) , or as an item to be paid from working capital reserves established by the Board of Directors. Except as otherwise set forth in this Article, the maximum deductible amount shall be the lesser of Ten Thousand Dollars • ($10, 000.00) or one percent (1%) of the policy face amount. 10.3 Physical Damage Insurance on Common Elements. The Association shall have the authority to obtain such insurance, if any, as it deems necessary from time to time for any insurable Improvements owned by the Association on any Common Elements. 10.4 Liability Insurance. The Association shall obtain a comprehensive policy of commercial general liability insurance (including bodily injury, libel, slander, false arrest and invasion of privacy coverage) and property damage insurance with such limits as the Board of Directors may from time to time determine, insuring each member of the Board of Directors, the Association, the Manager, each Owner and the respective employees, agents and all Persons acting as agents of the Association against any liability to the public or the Owners (and their guests, invitees, tenants, agents, and employees) arising in connection with the ownership, operation, maintenance, or use of the Common Elements and Common Roads within the Development and any other areas under the control of the Association. The Declarant and its officers, directors, agents and authorized representatives shall be included as additional insureds in their capacity as an Owner, officer, director, agent or authorized representative. The Owners shall be included as additional insureds, but only for claims and liabilities arising in connection with the ownership, existence, use or management of the Common Elements. Such comprehensive policy of public liability insurance shall include the following: 10.4.1 Coverage for contractual liability, liability for non- owned and hired automobiles, and, if applicable, host liquor liability, employer's liability, and such other risks as shall customarily be covered with respect to developments similar to the Development in construction, location, and use. 10.4.2 A cross liability endorsement under which the rights of a named insured under the policy shall not be prejudiced with respect to an action against another insured. 10.4.3 A "severability of interest" endorsement which shall preclude the insurer from denying liability coverage to an Owner because of the negligent acts of the Association or another Owner. The Board of Directors shall review the coverage limits at least once every two (2) years, but, generally, the Board of Directors shall carry such amounts of insurance usually required by private institutional mortgage lenders on projects similar to the Development, and in no event shall such coverage be less than One Million Dollars ($1,000, 000.00) for all claims for bodily injury or property damage arising out of one (1) occurrence. Reasonable amounts of "umbrella" liability insurance in excess of the primary limits shall also be obtained in an amount not less than One Million Dollars ($1,000,000.00) . 10.5 Fidelity Insurance. The Association shall be authorized to obtain and maintain such fidelity insurance, fidelity bonds or similar protection against dishonest acts on the part of its officers, Directors, trustees, and employees, and on the part of any others who handle or are responsible for handling the funds of or administered by the Association, as the Association deems necessary or appropriate from time to time. In addition, if responsibility for handling funds is delegated to a Manager, such coverage may be required of the Manager and its officers, employees, and agents. 10.6 Provisions Common to Physical Damage Insurance, Liability Insurance, Fidelity Insurance and Flood Insurance. Any insurance coverage obtained by the Association under the provisions of this Article above shall be 28 I IHII III!! 11111 X11111 liii I'll 3632641 06/25/2009 03:19P Weld County, CO 29 of 37 R 196.00 D 0.00 Steve Moreno Clerk 3 Recorder subject to the following provisions and limitations: 10.6.1 The named insured under any such policies shall include the Declarant, until all of the Lots in the Development have been conveyed, and the Association, as attorney-in-fact for the use and benefit of the Owners, or the authorized representative of the Association (including any trustee with whom the Association may enter into an insurance trust agreement, or any successor trustee, each of which is sometimes referred to in this Declaration as the "Insurance Trustee") , who shall have exclusive authority to negotiate losses under such policies. 10.6.2 Each Owner shall be an insured person with respect to liability arising out of the Owner's interest in the Common Elements or membership in the Association. 10.6.3 In no event shall the insurance coverage obtained and maintained pursuant to this Article be brought into contribution with insurance purchased by the Owners or the holders of their Security Interests. 10.6.4 The policies shall provide that coverage shall not be prejudiced by (i) any act or neglect of any Owner (including an Owner's family, tenants, servants, agents, invitees, and guests) when such act or neglect is not within the control of the Association, or (ii) any act or neglect or failure of the Association to comply with any warranty or condition with regard to any portion of the Property over which the Association has no control; or (iii) conduct of any kind on the part of an Owner (including the Owner's family, tenants, servants, agents and guests) or any Director, officer, employer, or manager of the Association, without prior demand to the Association and a reasonable opportunity to cure the matter. 10.6.5 The policies shall contain the standard mortgagee clause commonly accepted by private institutional mortgage investors in the area in which the Property is located, and provide that coverage may not be cancelled in the middle or at the end of any policy year or other period of coverage or substantially modified or reduced (including cancellation for nonpayment of premiums) without at least thirty (30) days' prior written notice mailed to the Association and to each Owner and holder of a Security Interest to whom a certificate or memorandum of insurance has been issued, at their respective last known addresses. 10.6.6 The policies shall contain a waiver by the insurer of any right to claim by way of subrogation against the Declarant, the Board of Directors, the Association, the manager, and any Owner and their respective agents, employees, or tenants, and in the case of Owners, members of their households, and of any defenses based upon co-insurance. 10.6.7 The policies described in Sections 10.3 and 10.4, above, shall provide that any "no other insurance" clause shall expressly exclude individual Owners' policies from its operation so that the physical damage policy or policies purchased by the Association shall be deemed primary coverage, and any individual owners' policies shall be deemed excess coverage. 10.7 Personal Liability Insurance of Officers and Directors. To the extent obtainable at reasonable cost, appropriate officers' and directors' personal liability insurance shall be obtained by the Association to protect the officers and Directors from personal liability in relation to their duties and responsibilities in acting as such officers and Directors on behalf of the Association. 10.8 Workmen's Compensation Insurance. The Association shall obtain workmen's compensation or similar insurance with respect to its employees, if any, in the amounts and forms as may now or hereafter be required by law. 10. 9 Other Insurance. The Association may obtain insurance against such other risks, of a similar or dissimilar nature, as it deems appropriate with 29 I 111111 III!! III 1111 IIII 1111111 X11 I III I IIII I III 3632641 06/25/2009 03:19P Weld County, CO 30 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder respect to the Association's responsibilities and duties. 10.10 Insurance Obtained by Owners. Each Owner shall have the right to obtain insurance for such Owner's benefit, at such Owner's expense, covering the Owner's personal property and personal liability (except to the extent any Owner's Lot is encumbered by an easement conveyed to the Association as a Common Element) . In addition, each Owner may obtain such other and additional insurance coverage on and in relation to his or her Lot as such Owner concludes to be desirable; provided, however, that no insurance coverage obtained by an Owner shall operate to decrease the amount which the Board of Directors, on behalf of all Owners, may realize under any policy maintained by the Board of Directors or otherwise affect any insurance coverage obtained by the Association or cause the diminution or termination of that coverage. Any such insurance obtained by an Owner shall include a waiver of the particular insurance company's right of subrogation against the Association and other Owners. Each Owner may obtain such insurance coverage on and in relation to his or her Lot or Dwelling Unit as such Owner concludes to be desirable. Neither Declarant nor the Association shall be required to maintain insurance for any Owner or with respect to any Lot or Dwelling Unit. ARTICLE 11. CONDEMNATION 11.1 Rights of Owners. Whenever all or any part of the Common Elements shall be taken or conveyed in lieu of and under threat of condemnation by any authority having the power of condemnation or eminent domain, each Owner shall be entitled to notice of the taking, but the Association shall act as attorney- in-fact for all Owners in the proceedings incident to the condemnation proceeding, unless otherwise prohibited by law. 11.2 Partial Condemnation; Distribution of Award; Reconstruction. The award made for such taking shall be payable to the Association as trustee for all Owners to be disbursed as follows: If the taking involves a portion of the Common Elements on which improvements have been constructed, then, unless, within sixty (60) days after such taking, Owners representing at least two-thirds (2/3) of the votes in the Association, including, during the Period of Declarant Control, the vote of the Declarant, shall otherwise agree, the Association shall restore or replace such improvements so taken on the remaining land included in the Common Elements to the extent lands are available therefor, in accordance with plans approved by the Board of Directors, the Design Review Committee and any other authority having jurisdiction in such matters. If the taking does not involve any improvements on the Common Elements, or if there is a decision made not to repair or restore, or if there are net funds remaining after any such restoration or replacement is completed, then such award or net funds shall be distributed on the basis of the Common Expenses allocated to the Owners under this Declaration, first to the holders of Security Interests and then to the Owners, as their interests appear. 11.3 Complete Condemnation. If all of the Development is taken, condemned, sold, or otherwise disposed of in lieu of or in avoidance of condemnation, then the regime created by this Declaration shall terminate, and the portion of the condemnation award attributable to the Common Elements shall be distributed as provided in Section 11.2, above. ARTICLE 12. FIRST SECURITY INTEREST PROTECTIONS 12.1 Special Rights of First Security Interests. Any holder of a First Security Interest encumbering any Lot, upon filing a written request therefor with the Association, shall be entitled to (a) written notice from the Association of any default by the mortgagor of such Lot in the performance of the mortgagor's obligations under this Declaration, the Articles of Incorporation, the Bylaws or the Rules and Regulations, which default is not cured within sixty (60) days after the Association learns of such default; (b) examine the books and records of the Association during normal business 30 I IIIIII !III! IMIII III I'D [III 3632641 06/25/2009 03:19P Weld County, CO 31 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recrder hours; (c) receive a copy of financial statements of the Association, including ' any annual audited financial statement; (d) receive written notice of all meetings of the Board of Directors or Members of the Association; (e) receive written notice of abandonment or termination of the Association; (f) receive thirty (30) days' written notice prior to the effective date of any proposed, material amendment to this Declaration, the Articles of Incorporation, or the Bylaws; and (g) receive thirty (30) days' written notice prior to the effective date of termination of any agreement for professional management of the Association or the Common Elements following a decision of the Association to assume self-management of the Common Elements. 12.2 First Security Interest Right to Pay Taxes, Rental and Insurance Premiums. Any one (1) or more First Security Interests, jointly or singly, shall be entitled to pay (a) any taxes or other charges which are in default and which may or have become a lien against any of the Common Elements; or (b) any overdue premiums on hazard insurance policies or, if such policies are cancelled, secure new hazard insurance coverage for the Common Elements or Lots, and the First Security Interests making such payments shall be entitled to immediate reimbursement therefor from the Association. 12.3 Association Right to Security Interest Information. Each Lot Owner hereby authorizes any First Security Interest holding a Security Interest on such Owner's Lot to furnish information to the Association concerning the status of such First Security Interest and the loan, which it secures. ARTICLE 13. ENFORCEMENT OF COVENANTS 13.1 Violations Deemed a Nuisance. Every violation of this Declaration is deemed to be a nuisance and is subject to all the remedies provided for the abatement or correction of the violation. In addition, all public and private remedies allowed at law or in equity against anyone in violation of this Declaration shall be available. 13.2 Compliance. Each Owner or other occupant of any part of the Property shall comply with the provisions of this Declaration as the same may be amended from time to time. 13.3 Failure to Comply. Failure to comply with this Declaration shall be grounds for an action to recover damages or for injunctive relief to cause any such violation to be remedied, or both. 13.4 Who May Enforce. Any action to enforce the Documents may be brought by the Declarant, the Association or the Design Review Committee in the name of and on behalf of the Association or of the Owners. If, after a written request from an aggrieved Owner, none of the foregoing persons or entities commences an action to enforce this Declaration, then the aggrieved Owner may bring such an action. 13.5 Remedies. In addition to the remedies set forth above in this Article, any violation of this Declaration shall give to the Board of Directors, the Association, the Design Review Committee or the Declarant, on behalf of the Owners, the right to enter upon the offending premises or take appropriate peaceful action to abate, remove, modify, or replace, at the expense of the offending Owner, any structure, thing or condition that may exist thereon contrary to the interest of the Owners and the meaning of this Declaration. Any such cure shall be at the expense of the Owner or other person responsible for the offending condition. 13. 6 Nonexclusive Remedies. All the remedies set forth herein are cumulative and not exclusive. 13.7 No Waiver. The failure of the Board of Directors, the Association, the Declarant, the Design Review Committee, or any aggrieved Owner to enforce this Declaration shall not be deemed a waiver of the right to do so for any subsequent violations or of the right to enforce any other part of this 31 I 111111 11111 111 111111 1111 1111111111111111111 111111 3632641 06/25/2009 03:19P Weld County, CO 32 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder Declaration at any future time. 13.8 No Liability. Neither the Board of Directors, the Association, the Declarant, the Design Review Committee, or any Owner shall be liable to any other Owner for the failure to enforce any of this Declaration at any time. 13.9 Recovery of Costs. If legal assistance is obtained to enforce any of the provisions of this Declaration, or in any legal proceeding (whether or not suit is brought) for damages or for the enforcement of this Declaration or the restraint of violations of this Declaration, the prevailing party shall be entitled to recover all costs incurred by it in such action, including reasonable attorneys' fees (and legal assistants' fees) as may be incurred, or if suit is brought, as may be determined by the court. ARTICLE 14. DURATION OF THESE COVENANTS AND AMENDMENT 14.1 Term. This Declaration and any amendments or supplements hereto shall remain in effect from the date of recordation until the twenty-first (21st) anniversary of the date this Declaration is first recorded in the office of the Clerk and Recorder of Weld County, Colorado. Thereafter, this Declaration shall be automatically extended for successive periods of ten (10) years each, unless otherwise terminated or modified as provided below. 14.2 Amendment. Except as otherwise provided in this Article 14, this Declaration, or any provision of it, may be terminated, extended, modified, or amended, or revoked as to the whole or any portion of the Property, upon the written consent of Owners representing ownership of two-thirds (2/3) or more of the Lots. Amendments made pursuant to this Section shall inure to the benefit of and be binding upon all Owners of any part of the Property, their family, tenants, guests, invitees, and employees, and their respective heirs, successors, and assigns. 14.3 Requirement for Declarant's Approval Generally. Notwithstanding the provisions of Section 14.2, (i) no termination, extension, modification, amendment or restatement of this Declaration may be made during the Period of Declarant Control without the Declarant's written consent; and (ii) no termination, extension, modification, amendment or restatement of this Declaration may be made during the Period of Declarant Control affecting (a) the right of the Declarant to appoint the Design Review Committee, (b) any right expressly reserved to the Declarant under this Declaration or (c) the protection of the Declarant's rights under this Article 14, without the Declarant's written consent. 14.4 Notice of Amendment. No amendment or revocation of this Declaration shall be effective unless a written notice of the proposed amendment is sent to every Owner reasonably in advance of any action taken or purported to be taken and such Owner has been given the opportunity to vote or give his or her consent thereto. 14.5 Effective on Recording. Any modification, amendment or revocation shall be immediately effective upon recording with the Clerk and Recorder of Weld County, Colorado, a copy of such amendment, modification, or revocation executed and acknowledged by the necessary number of Owners (and by the • Declarant, as required) . ARTICLE 15. MISCELLANEOUS PROVISIONS 15.1 Severability. This Declaration, to the extent possible, shall be construed or reformed so as to give validity to all of its provisions. Any provision of this Declaration found to be prohibited by law or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating any other part hereof. 15.2 Construction. In interpreting words in this Declaration, unless the context shall otherwise provide or require, the singular shall include the 32 IIII11111 31 111111 ���� IIII1111111 ��� 111111111IIII 3632641 06/25/2009 03:19P Weld County, CO 33 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Reccrdet plural, the plural shall include the singular, and the use of any gender shall include all genders. 15.3 Headings. The headings are included only for purposes of convenient reference, and they shall not affect the meaning or interpretation of this Declaration. 15.4 Waiver. No failure on the part of any party to give notice of default or to exercise or to delay in exercising any right or remedy shall operate as a waiver. No waiver shall be effective unless it is in writing and signed by the party against whom such waiver is sought to be enforced. 15.5 Notices. Notice of matters affecting the Development may be given to Lot Owners by the Association or by other Lot Owners in the following manner: Notice shall be hand delivered or sent by United States mail, postage prepaid, to the mailing address of each Lot or to any other mailing address designated in writing by the Lot Owner to the Association. Such notice shall be deemed given when hand delivered or when deposited in the United States mail, postage prepaid. 15.6 Limitation of Liability. Neither the Association nor any officer or member of the Board of Directors shall be liable to any party for any action or for any failure to act with respect to any matter arising by, through or under the Documents if the action or failure to act was made in good faith. The Association shall indemnify all of the officers and Board of Directors members with respect to any act taken in their official capacity to the extent provided in this Declaration and by law and in the Articles of Incorporation and Bylaws. 33 HIV 11111 ION 111111 1111 IIII1111111III 11111 IIII till 3632641 06/25/2009 03:19P Weld County, CO 34 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder 15.7 Conflicts Between Documents. In case of conflict between this Declaration and the Articles of Incorporation or the Bylaws, this Declaration shall control. In case of conflict between the Articles of Incorporation and the Bylaws, the Articles of Incorporation shall control. LOVELAND PEAKS, LLC, a Colorad Limited L' ' lity Company By: ht y,JTr., Manager STATE OF COLORADO ss. COUNTY OF WELD The foregoing instrument was acknowledged before me this II?G day of , 2009, by Joseph G. McCarthy, Jr., as Manager of LOVELAND PEAKS, LIfilta.orado Limited Liability Company. WITNESS my hand and official seal. My commission expires: / — iCI :ZOO 2o� ev.... Notary Public �iBURTONC.i• KROSS I. MY COMMISSION EXPIRES: Jmuwy 10,2011 34 . AID 11111 3632641 06/25/2009 03:19P Weld County, CO 35 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Reccde- EXHIBIT "A" ATTACHED TO AND MADE A PART OF THE DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS FOR TWIN VIEW ESTATES. • Legal Description of the Property Lot B of Recorded Exemption No. 1061-05-3-RE2953 according to the Map recorded April 26, 2001, at Reception No. 2843434, situate in the Southwest Quarter of Section 5, Township 4 North, Range 68 West of the 6th P.M. , County of Weld, State of Colorado. 111111111111111111111111 IIII IIII 1111111 III 11111 IIII 1111 3632641 06/25/2009 03:19P Weld County, CO 36 of 37 R 186.00 D 0.00 Steve Moreno Clark & Reccrd.:r Exhibit "B" ATTACHED TO AND MADE A PART OF THE DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS FOR TWIN VIEW ESTATES. 4 Plat • EXHIBIT B r TWIN VIEW ESTATES EXHI3IT MAP Open Space I z meis'm'a Ntauy Easement 1 aoav 569'15'20"W , , , 1768.47', N00'57'31'W 488.14' I Lot2 LEit0 Lot Open Space (Utility Easement / 5.1/1B Comer il o See. 6/5-4—BE m o N m raj I Lot 5 m y Lot t c 1)s"•e : 1e� �� i tw N Lot h NN00'57'31'19 - I � 974.76' I I Lot 6 Y I Lot 9 m O IY t 1" 889'25�46'W Lot? m I 465.02' z ' spy T en o Open Space Op8yen Space o ll. (UNBy Eminent) (U81 Esscrtient S.W. Comer _ 495.07 //////////// Sec. 5-4-68 I I S89'25'461Y 1342.01' $1F- CO 111111 11111 111111 111111 1111 1111 1111111111111111111 IIII 0z 3632641 06/25/2009 03:19P Weld County, CO NTS 37 of 37 R 186.00 D 0.00 Steve Moreno Clerk & Recorder April 9, 2008 / l \\n.:N.-m-59iram.\dWAfAg-e,daw.c / 1111111 11111 11111 111111 !III III' 1111111111 1111111111111 3632642 06/25/2009 03:1915 Weld County, CO 1 of 3 R 16.00 ID 0.00 Steve Moreno Clerk & Recorder WARRANTY DEED THIS DEED, Made this day of Tole :14,2009,between Loveland Peaks,LLC of the County of Weld, State of Colorado, Grantor(s)and Twin View Estates Homeowners Association,whose legal address is 2219 Smallwood Drive,Fort Collins, CO 80528, of the County of Larimer, State of Colorado,Grantee(s): WITNESSETH,That the Grantor(s),for and in consideration of the sum of$1.00 the receipt and sufficiency of which is hereby acknowledged,have granted,bargained,sold and conveyed,and by these presents do grant,bargain,sell, convey and confirm,unto the Grantee(s),their heirs and assigns forever,all the real property together with improvements if any, situate, lying and being in the County of Weld, State of Colorado,described as follows: SEE EXHIBITS"A"and"B" ATTACHED HERETO TOGETHER with all its appurtenances, and warrants the title to same. IN WITNESS WHFREOF,the Grantor(s)have executed this Deed on the date set forth above. GRANTOR State of Co Icrlt) )ss: County of ki/ )The foregoing instrument was acknowledged before me by J c c c f h G Nc Cast))V (Name of party signing) this I S day of M wy ,4096. 2 a a 4 Witness my hand and official Seal. My Commission expires I — 1 D - 7-00 f Notary Public ) ......•.,. . i'+ (SEAL) .; �C.i, MY EXPIRES: January 10,2011 14 ie mitt/ Lv 5 EXHIBIT A i TWI \ VIEW ESTATES OPEN . SPACE EXHI3IT MAP Open Space 1 1 5'201 m n� 1 yI571 5'20 W 1768.47' f N0C'57 31•W 486.14' '"•I Lott Lot3 Lot4 I —Open Space ieefty Easement) / 5.1/16 Corner o Sec. 6/5-4-GBsl 0 � IO / m a Lot 1 Lot 5 / n c �ta e `s � V°�� / 0, . N 1*t° re,. /Loth N00'57131'W I 974.76' IY' Lot 8 r� Y Lot9 CO 9, y I S89' �46 W Lot? / m ( 465.0225 ' z a rc. CA N, Open Space S I Open Space at (Utility Easement) (Utility Faeenwnq q i. S.W. Comer I 495.07/////// //// s«. 5-4-6e I I 389'25'46V 1342.01' 1 1111 11111 MN 111111 1111 1111 1111111 III 11111 fill Ili 3632642 06/25/2009 03:19P Weld County, co 2 of 3 R 16.00 0 0.00 Steve Moreno Clerk & Recorder x O z z NTS April 9, 2008 wcn➢rAp-501 o-rrMMe\E'N\meV Nl eeV 111111111111111111111111IIII IIII 1111111111 11111 1111 1111 3632642 06/25/2009 03:19P Weld County, CO 3 of 3 R 16.00 ID 0.00 Steve Moreno Clerk & Recorder Exhibit "B" April 9,2008 Property Description(Twin View Estates P.U.D. Open Space): Being a portion of Twin View Estates PUD,situate in the Southwest Quarter of Section 5, Township 4 North,Range 68 West of the 6th P.M., County of Weld, State of Colorado being more particularly described as follows; Considering the West line of the Southwest Quarter of said Section 5 as bearing North 00°57'31" West and with all bearings contained herein relative thereto; Beginning at the Southwest Corner of the Southwest Quarter of said Section 5;thence along the West line of said Southwest Quarter North 00°57'31" West 346.50 feet;thence departing said West line North 89°25'46"East 30.00 feet to the TRUE POINT OF BEGINNING; thence North 00°57'31" West 477.68 feet;thence North 89°02'29"East 115.52 feet to a point on a curve concave to the Northeast,having a central angle of 30°18'34" and a radius of 65.00 feet,the long chord of which bears South 43°35'59" Fast 33.99 feet;thence Southeasterly along the arc of said curve 34.38 feet;thence non- tangent from said curve South 89°02'29"West 98.54 feet;thence South 00°57'31" East 402.94 feet;thence North 89°25'46" East 445.02 feet;thence South 00°57'31" East 284.50 feet;thence North 89°25'46" East 767.15 feet; thence North 42°04'59"East 674.75 feet;thence North 02°10'29" West 1216.70 feet;thence South 89°15'20"West 1616.87 feet;thence South 00°57'31"East 490.37 feet;thence South 45°12'44" West 41.59 feet;thence South 00°57'31" East 390.79 feet;thence North 89°02'29" East 98.54 feet to a point on a curve concave to the Southeast,having a central angle of 30°18'34" and a radius of 65.00 feet,the long chord of which bears South 41°40'57" West 33.99 feet;thence Southwesterly along the arc of said curve 34.38 feet;thence non-tangent from said curve South 89°02'29" West 115.52 feet;thence North 00°57'31" West 955.23 feet;thence North 89°15'20" East 1768.47 feet;thence South 02°10'29" East 1815.44 feet;thence South 89°25'46" West 1342.01 feet; thence North 00°57'31" West 346.50 feet; thence South 89°25'46" West 465.02 feet to the TRUE POINT OF BEGINNING. Said parcel contains 11.29 Acres,more or less,and is subject to all existing easements and/or rights of way of record. TWIN VIEW ESTATES PUD Developer: Twin View Est, LLC Case # PZ-1085 (Change of Zone from Ag to PUD) Lauren Light, LandPo PF-1085 - FINAL PLAT 6/25/09 PT SW4 5-4-68 Planner: Michelle Martin ZONED PUD/ESTATE IS NOTIN FLOOD PLAIN (0725C) LITTLE THOMPSON WATER DISTRICT INDIVIDUAL ENGINEERED SEPTIC SYSTEMS POUDRE VALLEY REA PROPANE GAS BERTHOUD FPD THOMPSON R-2J QWEST COMMUNICATIONS BERTHOUD PO 9 RESIDENTIAL LOTS, 1 COMMON OPEN SPACE OUTLOT FINAL ADDRESSING 6/25/09 Lot 1 23155 Twin View Lane Lot 2 23161 Twin View Lane Lot 3 23165 Twin View Lane Lot 4 23168 Twin View Lane Lot 5 23164 Twin View Lane —or- 23160 Twin View Court Lot 6 23162 Twin View Court Lot 7 23158 Twin View Court Lot 8 23154 Twin View Court —or- 23154 Twin View Lane Lot 9 23150 Twin View Lane Lin Dodge, Building Technician Building Department 918 10th Street Greeley CO 80631 Phone: (970)353-6100, ext. 3574 Fax: (970)304-6498 9/7/05 • • APPENDIX 22-E • Weld County's Right to Farm Statement Weld County is one of the most productive agricultural counties in the United States, ranking fifth in total market value of agricultural products sold. The rural areas of Weld County may be open and spacious, but they are intensively used for agriculture. Persons moving into a rural area must recognize and accept there are drawbacks, including conflicts with longstanding agricultural practices and a lower level of services than in town. Along with the drawbacks come the incentives which attract urban dwellers to relocate to rural areas: open views, spaciousness, wildlife, lack of city noise and congestion, and the rural atmosphere and way of life. Without neighboring farms, those features which attract urban dwellers to rural Weld County would quickly be gone forever. Agricultural users of the land should not be expected to change their long-established agricultural practices to accommodate the intrusions of urban users into a rural area. Well-run agricultural activities will generate off-site impacts, including noise from tractors and equipment; slow-moving faun vehicles on rural roads; dust from animal pens,field work,harvest and gravel roads; odor from animal confinement, silage and manure; smoke from ditch burning; flies and mosquitoes; hunting and trapping activities; shooting sports, legal hazing of nuisance wildlife; and the use of pesticides and fertilizers in the fields, including the use of aerial spraying. It is common practice for agriculture producers to utilize an accumulation of agricultural machinery and supplies to assist in their agricultural operations. A concentration of miscellaneous agricultural materials often produces a visual disparity between rural and urban areas of the County. Section 35-3.5-102, C.R.S., provides that an agricultural operation shall not be found to be a public or private nuisance if the agricultural operation alleged to be a nuisance employs methods or practices that are commonly or reasonably associated with agricultural production. Water has been and continues to be the lifeline for the agricultural community. It is unrealistic to assume that ditches and reservoirs may simply be moved "out of the way" of residential development. When moving to the County, property owners and residents must realize they cannot take water from irrigation ditches, lakes or other structures unless they have an adjudicated right to the water. Weld County covers a land area of approximately four thousand(4,000) square miles in size (twice the size of the State of Delaware)with more than three thousand seven hundred(3,700) miles of state and county roads outside of municipalities. The sheer magnitude of the area to be served stretches available resources. Law enforcement is based on responses to complaints more than on patrols of the County, and the distances which must be traveled may delay all emergency responses, including law enforcement, ambulance and fire. Fire protection is usually provided by volunteers who must leave their jobs and families to respond to emergencies. County gravel roads, no matter how often they are bladed,will not provide the same kind of surface expected from a paved road. Snow removal priorities mean that roads from subdivisions to arterials may not be cleared for several days after a major snowstorm. Snow removal for roads within subdivisions are of the lowest priority for public works or may be the private responsibility of the homeowners. Services in rural areas, in many cases, will not be equivalent to municipal services. Rural dwellers must, by necessity,be more self-sufficient than urban dwellers. People are exposed to different hazards in the County than in an urban or suburban setting. Farm equipment and oil field equipment, ponds and irrigation ditches, electrical power for pumps and center pivot operations, high speed traffic, sand burs, puncture vines,territorial farm dogs and livestock and open burning present real threats. Controlling children's activities is important, not only for their safety, but also for the protection of the farmer's livelihood. Parents are responsible for their children. (Weld County Code Ordinance 2006-2) Appx 22-7 Supp. 10 C s 2i g S ; yo i g $$ 5fp 3 m� 51 C I g a1 Y �� : a - I 5ag o $ 5 rz -2 I 5 i� o 42.5 i rgs ass s n o 2 n2 € { o 2 ! s ^: e� < B B o E 155 3 pa ,]e 121.1 x I I -S2 el gill 1. .48 e g c s - ii ta 8 ---.i 21 2R3 Pig.4 E3 $8",-;gg I 2 13 8 I ! 1 . 8 z 5 !i tg= nF,$y 3 ; g 3r k� .w a s° € .4 g•Sc .. E s 'S E �E < E u s g E Z. 1 a 06 6 .o 0 0. 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