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HomeMy WebLinkAbout20081374.tiff PLANNED UNIT DEVELOPMENT (PUD) FINAL PLAT APPLICATION • FOR PLANNING DEPARTMENT USE DATE RECEIVED: RECEIPT/AMOUNT# /$ CASE#ASSIGNED: APPLICATION RECEIVED BY PLANNER ASSIGNED Parcel Number 0 8 0 3 - 1 0 0 - 0 1 - 0 0 6 (12 digit number-found on Tax I.D. Information,obtainable at the Weld Couty Assessor's Office,or www.co.weld.co.us). (Include all lots being included in the application area. If additional space is required,attach an additional sheet.) Legal Description: Pt. of Outlot A of Avery Acres PUD Section: 10 Township: 6 N Range: 65 West Property Address (If Applicable): N/A Existing Zone District: PUD Proposed Zone District: PUD Total Acreage: 31.47 Proposed#/Lots: 2 Average Lot Size:N/A Minimum Lot Size:7.13 Proposed Subdivision Name: Am. Outlot A,Avery Acres PUD Are you applying for Conceptual or Specific Guide? Conceptual Specific X FEE OWNER(S) OF PROPERTY: (If additional space is required, attach an additional sheet) Name: George Bollinger Work Phone# Home Phone# Email Address Address: City/State/Zip Code: APPLICANT OR AUTHORIZED AGENT(See Below:Authorization must accompany all applications sigened by Authorized Agent) Name: Scott Realty Co. • Work Phone# 970-352-1212 Home Phone# Email Address topmojo@aol.com Address: 1212 8 Avenue City/State/Zip Code: Greeley, CO 80631 UTILITIES: Water: NCWCD Sewer: septic Gas: oronane Electric: Xcel Energy Phone: Owest&misc. DISTRICTS: School: Eaton School District RE-2 Fire: Eaton Fire Protection District Post: Eaton 80615 I(We) depose and state under penalties of perjury that all statements, proposals and/or plans submitted with or contained within the application are true and correct to the best of my(our) knowledge. Signatures of all fee owners of property must sign this appliation. If an Authorized Agent signs, a letter of authorization from all fee owners must be included with the application. If a corporation is the fee owner, notarized evidence must be included indicating the signatory has to be legal authority to sign for the corporation. I(We), the undersigned, hereby request hearings before the Weld County Planning Commission and the Weld County Board of County Commissioners concerning the proposed Change of Zone for the above described unincorporated area of Weld Could, Colorado:• , / ate Signature: Owner or Authorized A nt Signature: Owner or Authorized Agent Date 2008-1374 • December 18, 2006 Department of Planning Services 1400 North 17th Street Greeley, CO 80631 RE: Avery Acres P.U.D. Z-516 Gentlemen: I hereby authorize Scott Realty Co., 1212 8th Avenue, Greeley, Colorado, to represent my interest or to act on our behalf to make application for resubdivision for redesign, addition, • vacation or final plat, in order to accomplish the vacation of that portion of Outlot A Avery Acres lying south of Outlot B and Lot 5 of said subdivision. I also desire to establish an allowable building envelope, set aside the open space and address all aspects to make final the subdivision. I further authorize Scott Realty Co. to make the necessary application and make change of zone back to Agricultural in accordance with chapter 23-2-50 of the Weld County Code for that portion of Avery Acres P.U.D. being vacated. Sincerely, Geor ollinger • : •Y • Outlot A of Avery Acres P.U.D. is 189.53 acres more or less that consists of one parcels of land separated into two portions being, approximately 31.47 acres located north and west of Outlot B and the five developed lots of Avery Acres P.U.D., and 158.06 acres located to the south and east of Outlot B. Outlot A is currently utilized for agricultural crop production. Outlot B which consists of 2.5 acres more or less is a 60 foot wide access and utility easement for the benefit of the five improved lots associated with the P.U.D., all agricultural, oil & gas and access requirements associated with a portion of Outlot A. Outlot B provides access for ingress and egress onto WCR 43, between WCR 70 and 72 for the five developed lots and a portion of Outlot A. George Bollinger is the owner of the property described as Outlot A of Avery Acres P.U.D. and desires to amend Outlot A to be the 24.34 acre portion lying north and west of Outlot B. Mr. Bollinger also desires to change that portion of Outlot A which is 7.13 acres which lies north and east of Outlot B and north the developed lots to one single family residential parcel described as Outlot C. It is Mr. Bollinger's desire to have the remainder of Outlot A lying south of the developed lots and Lot B are desired to be vacated from the P.U.D. and changed back to agricultural zoning. The proposed Lot C will be utilized as a single family residential building site. The 24.34 acre Amended Outlot A parcel will be utilized for agricultural crop production of which 7 acres more or less will satisfy the 15% open space requirement of the P.U.D. and will be restricted to not allow further residential development. The 158.06 acre parcel vacated • from Outlot A will be utilized for agricultural crop production and those uses allowed in the(A) Agricultural zoned district of Weld County. A private road extending from the northwesterly portion of Outlot B to the southwesterly portion of proposed Outlot C will provide access to Outlot C. This road will be 30 feet in width, of gravel surface, and will be constructed to meet all construction and drainage standards as set forth by the Weld County Public Works Department. The road will serve as an extension from Outlot B and will provide access to Outlot C and continue to serve the agriculture and oil & gas needs for Amended Outlot A. The road will be constructed to allow for access and operations of production and service rigs and tanks to provide work and service to the existing petroleum well site. The road as proposed does not interfere with any of the oilfield equipment used on the site nor does the oilfield equipment interfere with the use of the road. The access road will be constructed and maintained by the owner of Outlot C. During the preliminary planning process the applicant explored expanding the subdivision by four additional building sites. This development was determined to be non-feasible at this time and an amendment to add four lots is no longer being considered. Avery Acres P.U.D. and Amended Avery Acres P.U.D. as currently platted is a minor subdivision consisting of five residential sites varying in size from approximately 3 to 3.5 acres. All sites are improved with residential dwellings and are owner-occupied. • • Outlot C will create one additional residential unit and shall be subject to the "Allocation of Interests" in accordance with section 7 of Article II of Declaration of Covenants and Restrictions for Avery Acres P.U.D. (a common interest community) as recorded July 20, 2000 as Reception No.2781693 and be subject to the provisions therein. The only changes regarding water usage is the addition of one residential tap. Infrastructure is available on site to provide domestic service to the propertyand the cost of that service will be the individual responsibility of the owner of amended Outlot C. See N.W.C.W.D. letter of consent. When a residential building permit is issued for Outlot C the applicant must satisfy all requirements to install an I.S.D.S. for sewage disposal. Three existing irrigation water wells have been re-drilled in the northwest corner of proposed amended Outlot A. The irrigation water has historically been put to beneficial use on the lands located in the proposed Outlot A and lands proposed to be vacated. An easement and right of way is designated on the plat map for use, maintenance, repair and replacement of the wells, a pumping plant and pipeline that exists along the northerly and easterly boundary of the property. The same easement and right of way exists across and through the easterly 25 feet of all 5 developed lots. The proposed changes are minor and the largest portion of the P.U.D. is being vacated and zoned to a lower impact use (Agricultural), therefore we request a Geological Survey • and any costs associated with that be waived. The property does not adjoin a state highway and no irrigation companies are affected by the proposed change. Other than the"Allocation of Interests"there are no changes affecting the dedicated right of ways. A proposed subdivision improvement agreement is not applicable. All work affecting drainage will meet or exceed those required by the Public Works Department of Weld County, Colorado. • Report Date: 10/15/2007 12:36PM WELD COUNTY TREASURER Page: 1 STATEMENT OF TAXES DUE • SCHEDULE NO: R8789000 ASSESSED TO: BOLLINGER GEORGE 219 CANYON POINT CIR GOLDEN, CO 80403 LEGAL DESCRIPTION: AA OUTLOT A AVERY ACRES PUD (5.09R2D) SITUS: 0 PARCEL: 080310001006 SITUS ADD: TAX YEAR CHARGE TAX AMOUNT INTEREST FEES PAID TOTAL DUE 2006 TAX 1,188.98 35.67 0.00 1,224.65 0.00 TOTAL TAXES GRAND TOTAL DUE GOOD THROUGH 10/15/2007 0.00 ORIGINAL TAX BILLING FOR 2006 TAX DISTRICT 0220- Authority Mill Levy Amount Values Actual sed WELD COUNTY 16.804* 346.16 AGRICULTURAL 70,377 20,410 SCHOOL DIST RE2 25.408 523.41 AGRICULTURAL 663 190 NCW WATER 1.000 20.60 NWC WATER 0.000 0.00 TOTAL 71,040 20,600 GALETON FIRE 4.500* 92.70 AIMS JUNIOR COL 6.330 130.40 WELD LIBRARY 3.261 67.18 WEST GREELEY CONSERVATION 0.414 8.53 TAXES FOR 2006 57.717* 1,188.98 * Credit Levy ALL TAX LIEN SALE AMOUNTS ARE SUBJECT TO CHANGE DUE TO ENDORSEMENT OF CURRENT TAXES BY THE LIENHOLDER OR TO ADVERTISING AND DISTRAINT WARRANT FEES. CHANGES MAY OCCUR AND THE TREASURER'S OFFICE WILL NEED TO BE CONTACTED PRIOR TO REMITTANCE AFTER THE FOLLOWING DATES: PERSONAL PROPERTY AND MOBILE HOMES-AUGUST 1, REAL PROPERTY-AUGUST 1. TAX LIEN SALE REDEMPTION AMOUNTS MUST BE PAID BY CASH OR CASHIERS CHECK. P.O. Box 458 Greeley, CO 80632 (970) 353-3845 ext. 3290 WELD COUNTY TREASURER Pursuant to the Weld County Subdivision Ordinance, the attached Statement(s) of Taxes Due, issued by the Weld County Treasurer, are evidence that, as of this date, all property taxes, special assessments and prior tax liens currently due and payable connected with U1&parcel(s) identified therein have been paid in full. Sig Date / 1:570 O 7 .► . R NRCS Jon E.Wicke j Natural District Conservationist Resources Conservation • Service Conservation Plan I Perry Bagley 2110 59th Avenue Ct. Greeley,CO 80634 1 Cropland Tract: 1244 Conservation Crop Rotation An adapted sequence of crops will be grown to provide organic residue to improve soil tilth, reduce soil erosion,improve water use efficiency,and improve water quality.Crop sequence will include a minimum of 50% HIGH RESIDUE CROPS such as grain corn,small grain,alfalfa,etc., rotated with low residue crops such as beans, beets,silage corn,onions, etc.(refer to the list of high-low residue crops,FORM GFO-FSA-01). Crops will be grown in a flexible rotation which will not exceed 8 years and will be rotated to all fields specified. Fields idled for ACR or other set-aside programs will be protected by residues from the previous crop,or be planted to a cover crop,or be treated as a low residue crop in the rotation. Planned Applied Field Amount Month Year Amount Date • 1 1722 Ac. 5 2005 /J Total: 172.2 Ac. / Residue Management,Seasonal Crop residues are used to protect cultivated fields during the critical erosion period and to conserve moisture,increase soil infiltration, reduce soil loss and improve soil tilth. CONVENTIONAL SPRING TILLAGE will be used after HIGH RESIDUE crops.A minimum of 3000 lbs/ac grain corn or sweetcom;550 lbs/ac alfalfa;900 lbs/ac small grain;or 1500 lbs/ac forage sorghum residue will remain on the soil surface from NOV 1 UNTIL MAR 1.Tillage can be started before Mar 1, if the crop is planted within 2 weeks after the start of tillage. FALL PLOWING may be used to ridge or roughen the soil surface after LOW RESIDUE crops. Planned Applied Field Amount Month Year Amount Date 1 172.2 Ac. 5 2005 Total: 172.2 Ac. Surface Roughening One or more clodforming tillage operations will be used after fall tillage or low residue crops to reduce soil erosion by roughening the soil surface.The soil surface will be an irregular or uneven surface of compact,coherent masses of soil, ranging in size from .25-10"diameter.Clods may be on a flat or ridged surface such that numerous small depressions exist.A rough or ridged condition will be maintained from DEC 1 tb MAR 1.An acceptable surface will have about 50% of the soil surface covered by clods, and/or ridges on an 8-10"spacing with a 2-3"height; 12-16"spacing with a 3-4" height; 18-24"spacing with a 4-5"height;or 26-40"spacing with a 4-7"height. • Planned Applied Field Amount Month Year Amount Date 1 172.2 Ac. 5 2005 9/10/2004 Total: 172.2 Ac. Page 1 of 2 WI } V Conservation Plan Map Perry Bagley Greeley Field Office Natural Resources Conservation Service et Greeley Conservation District Jon Wicke Date: 09/13/2004 ' i4 4: I a g� .r .-.. Ji.:. .._...>,c-cam. _ .. _.__. ..,_-_.__ _'"a^v _. j ;} ''kk tl pl._. __ " ft' 1 1 °Pt2.2AC. W1/2NW1/4, N1/2 & ''''--•4 land 4 5 ' xa. SW1/4 SW1/4 10-6-65 1 l a₹ p. ' }- • i 1°4 ,,-a a ".k ,:. , ..- ''..'" . -e- , , , , illis if , FW.i it Legend • A 0 Planned Land Units N USDA 1000 0 1000 2000 Feet I r • i 111111111111111111111111 ill!111111!1111 III 11111III!Iiii • 2781693 07/20/2000 12:19P JA Sukl Tsukamoto 1 of 36 R 180.00 0 0.00 Weld County CO b73 DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR AVERY ACRES P.U.D. (a COMMON INTEREST COMMUNITY) PREAMBLE THIS DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS (the "Declaration"), made on the date hereinafter set forth by John Avery Sutter and James Ted Sutter, hereinafter referred to collectively as"Declarant." WITNESSETH : WHEREAS, Declarant is the owner of the following described property located in the County of Weld, State of Colorado, said property now being duly platted as the Avery Acres P.U.D., a subdivision of the County of Weld, State of Colorado,as such plat is now recorded at Reception No. 2765560 of the records of the Weld County Clerk and Recorder. Such property is more particularly described as follows: • Lots 1,2,3,4,and 5, Avery Acres P.U.D., a subdivision of the County of Weld, State of Colorado. WHEREAS,Declarant along with Jennifer Sears Sutter and Carolyn Magnuson Sutter,executed and recorded restrictive covenants - `Avery Acres' Planned Use Subdivision - on April 28, 2000 at Reception No. 2764535 of the records of the Weld County Clerk and Recorder, State of Colorado; and WHEREAS, Declarant is desirous of amending and restating the restrictive convents as set forth in this Declaration which shall be deemed to replace and supercede the previously recorded restrictive covenants; and WHEREAS, this Declaration is executed pursuant to and in furtherance of a common and general plan(a)to protect and enhance the quality, value, desirability, and attractiveness of all property that may be subject to this Declaration; and(b)to define certain duties, powers, and rights of owners of property that may become subject to this Declaration; and WHEREAS,Declarant for himself,his successors and assigns,hereby declares that all property herein or hereafter made subject to this Declaration, in the manner hereinafter provided, and each part thereof shall,from the date tie same becomes subject to this Declaration,be owned,held,transferred, conveyed,sold, leased, rented, hypothecated, encumbered,used,occupied,maintained, altered, and • 1 11111 113 HIM 11111 1111111111 11111 III III Milt 2781693 07/20/2000 12:19P JA Suki Tsukamoto 2 of 36 R 180.00 D 0.00 Weld County CO • improved subject to the covenants, conditions, restrictions, limitations, reservations, exceptions, equitable servitudes, and other provisions set forth in this Declaration for the duration thereof,all of which shall run with the title to such property and be binding upon all parties having any right, title, or interest in said property or any part thereof and upon their heirs, personal representatives, successors and assigns and shall inure to the benefit of each party having any such right, title, or interest in said property or any part thereof. NOW, THEREFORE, the Declarant with this Declaration states that the real property described in this Preamble is and shall be held,transferred, sold,conveyed, and occupied subject to the covenants, restrictions, and easements hereinafter set forth. ARTICLE I DEFINITIONS The following words when used in this Declaration or any Supplemental Declaration, the Articles of Incorporation or any Amendments thereto, and the Bylaws or any Amendments thereto, shall have the following meanings: Section 1. Act shall mean and refer to the Colorado Common Interest Ownership Act found • in Title 38 of the Colorado Revised Statutes. Section 2. Agency shall mean any agency or corporation that purchases or insures residential mortgages. Section 3. Architectural Design Standards shall mean design standards adopted by the Executive Board from time to time that govern the quality of workmanship, color of materials, harmony of external design with existing structures, and location with respect to topography and finish grade elevation and the master drainage plan and all other appearances of buildings and structures in the Project. The Minimum Architectural Design Standards are set forth in Exhibit A attached hereto. The Executive Board, in accordance with the Bylaws of the Association, shall have the power to modify the minimum standards and such modifications shall be recorded in the real property records of the Weld County Clerk and Recorder by the Executive Board. Section 4. Articles shall mean the Articles of Incorporation for a not-for-profit Colorado corporation, to be filed with the Colorado Secretary of State, in order to form the Association and any amendments that may be made to those Articles from time to time. Section 5. Annual Assessment shall mean the assessment levied pursuant to an annual budget. Section 6. Assessments shall mean the Annual, Special and Default Assessments levied • pursuant to the terms of this Declaration. Assessments are also referred to as a Common Expense Liability as defined under the Act. 2 ,1111111111111111111111111111111111111 III 11111 IIII lilt 2781693 07/20/2000 12:19P JA Sulu Tsukamoto Aik3 of 36 R 180.00 D 0.00 Weld County CO Section 7. Association shall mean and refer to a unit owners' association organized and existing under and pursuant to Section 38-33.3-301 of the Act. Section 8. Association Documents shall mean this Declaration and any Supplemental Declaration, the Articles of Incorporation, the Bylaws, the Map and any procedures, rules, regulations, Architectural Design Standards or policies adopted under such documents by the Association. Section 9. Bylaws shall mean the Bylaws adopted by the Association,as amended from time to time. Section 10. Clerk and Recorder shall mean the dffice of the Clerk and Recorder in the County of Weld, State of Colorado. Section 11. Common Area or Common Elements shall mean and refer to the following real property: Outlot B, Avery Acres P.U.D., a subdivision of the County of Weld, State of Colorado. • Common Area or Common Elements shall also mean and refer to any and all personal property and improvements owned or leased by the Association and shall include, by way of example but without limitation, any exterior signage which identifies the subdivision, exterior lighting, sprinkler systems, recreation equipment, and any other personal property owned by the Association. The Common Area is to be devoted to the common use and enjoyment of the Owners(subject to the provisions hereof) and are not dedicated for use by the general public except as indicated on the ,A subdivision plat and the real estate records of the Clerk and Recorder of Weld County, Colorado. -de&nitien ef. oaten-A ea-slittil-exPress}y he . Common Area shall be owned by the Association. In no event� shaalll the Common Area fail to be transferred to the Association on a date which is not later than sixty(60) days after the completion of the transfer of all lots from the Declarant or the Declarant's successors and assigns to third party purchasers. Section 12. Common Expenses shall mean(i)all expenses expressly declared to be common expenses by this Declaration or by the Bylaws of the Association; (ii) all other expenses of administering, servicing, conserving, managing Common Elements;('iii)insurance premiums for the insurance required maintaining r prermitted underpthis replacing and (iv) all expenses lawfully determined to be Common Expenses by the Executive Board. Section 13. Declaration shall mean this Declaration and the Map and amendments and supplements to the foregoing. • Section 14. Executive Board shall mean the governing body of the Association. 3 11111111311111111111 31 111111 1111111111111 I I I I i l l l 2781693 07/20/2000 12:19P JA Suki Tsukamoto •4 of 36 R 180.00 D 0.00 Weld County CO Section 15. First Mortgage shall mean any Mortgage that is not subject to any monetary lien or encumbrance except liens for taxes or other liens that are given priority by statute. Section 16. First Mortgagee shall mean any person named as a mortgagee or beneficiary in any First Mortgage, or any successor to the interest of any such person under such First Mortgage. Section 17. Living Unit, Dwelling Unit, or Residential Home shall mean and refer to any structures situated upon the property designed and intended for use and occupancy as a residence by a single family. Section 18. Lot or Residential Unit shall mean and refer to any numbered area ofland shown as such upon any recorded final filing plat required by the'County of Weld, Colorado, with the exception of Common Area as heretofore defined and with the exception of Outlot A, Avery Acres P.U.D. a subdivision of the County of Weld, State of Colorado("Outlot A"). Lot or Residential Unit shall also mean a "Unit" as defined in C.R.S. 38-33.3-103 as originally enacted or subsequently amended. Section 19. Manager shall mean a person or entity engaged by the Association to perform certain duties, powers or functions of the Association, as the Executive Board may authorize from time to time. • Section 20. Map shall mean all final Plats of the subdivided Parcels recorded with the Clerk and Recorder depicting a plan and elevation schedule of the Property subject to this Declaration and any supplements and amendments thereto. Section 21. Member shall mean and refer to the person designated as such pursuant to the terms of this Declaration. Section 22. Mortgage shall mean any Mortgage, deed of trust or other document pledging any Residential Unit or interest therein as security for payment of a debt or obligation. Section 23. Mortgagee shall mean any person named as a Mortgagee or beneficiary in any Mortgage, or any successor to the interest of any such person under such Mortgage. Section 24. Notice shall mean and refer to(i)written notice delivered personally or mailed to the last known address of the intended recipient, or(ii)notice through an Association publication which is delivered to the residential homes, or(iii)notice delivered by electronic mail or facsimile to any Owner. "Notice to Mortgagee"shall mean and refer to only written notice delivered personally or mailed to the last know address of the intended recipient and not notice through an Association publication. • 4 1111111El 3111111111 ►1111111111111111111111 I II!Jill 2781693 07/20/2000 12;19P JA Suki Tsukamoto ,of 36 R 180.00 D 0.00 Weld County CO Section 25. Owner shall mean any person, corporation, partnership, association, contract seller or other legal entity or any combination thereof including Declarant, who owns the record fee simple interest in a portion of one or more lots and shall include the purchaser under any executory land sales contract wherein the Administrator of Veteran's Affairs is seller, whether or not recorded, and whether owned by said Administrator or his assigns. The term Owner shall include any grantee, transferee, heir, successor, personal representative, executor, administrator, devisee, and assign of any Owner but shall not refer to any mortgagee as herein defined or other person or entity having an ownership interest in any portion of a lot merely as security for the performance of an obligation, unless such mortgagee has acquired title pursuant to foreclosure or any proceeding in lieu of foreclosure. Section 26. Parcel shall mean each platted, numbered and recorded division of vacant land as depicted on the Map. Section 27. Project shall mean the common interest community created by this Declaration and as shown on the Map, consisting of the Property and the Common Area. Section 28. Property shall mean the real property described in the Preamble, together with such additional property as is subsequently subjected to this Declaration in accordance with the provisions set forth herein below. • Section 29. Related User shall mean any member ofthe family of an Owner who resides with such Owner, guests and invitees of an Owner, employees and agents of an Owner, and occupants, tenants and contract purchasers residing in a residential home of an Owner who claimed by, or through an Owner. Section 30. Single Family shall mean and refer to one(1)family as family is defined in the Zoning Ordinance of the County of Weld, Colorado, as of the date of the recording of this Declaration or as amended in the future by the governing body of the County of Weld, Colorado. Section 31. Successor Declarant shall mean any person or entity to whom Declarant assigns any or all of his rights, obligations or interest as Declarant, as evidenced by an assignment or deed of record executed by both Declarant and the transferee or assignee and recorded with the Clerk and Recorder. Section 32. Supplemental Declaration shall mean an instrument which annexes property to this Declaration. Section 33. Supplemental Map shall mean a Supplemental Map of the Project which depicts any change in the Project through a Supplemental Declaration. The initial phase recordings are not supplemental and do not require amendment to this document. • 5 i 11111111111 IIIIII111111 IIII 11111111111 III 111111111 IIII 2781693 07/20/2000 12:19P JA Suki Tsukamoto 'of 36 R 180.00 D 0.00 Weld County CO ARTICLE II NAME. PROPERTY SUBJECT TO THIS DECLARATION AND ALLOCATION Section 1. Name. The name of the Project is Avery Acres P.U.D. The Project is a common interest community pursuant to the Act. Section 2. Existing Property. The real property which is and shall be held,transferred,sold, conveyed and occupied subject to this Declaration is located in the County of Weld, Colorado, and is more particularly described in the Preamble of this Declaration for the Avery Acres P.U.D. in the County of Weld, Colorado. Section 3. Expansion Property. The real property which is and shall be held, transferred, sold, conveyed, and occupied subject to this Declaration may be expanded only as specifically provided in this Declaration. Section 4.Number of Residential Units. The maximum number of Residential Units in the Project is five (5), exclusive of the additional Residential Units that may be created pursuant to the terms of this Declaration. Section 5.Identification of Residential Units. The identification number of each Residential • Unit is shown on the Map. Section 6. Description of Residential Units. Each Residential Unit presently consists of surveyed and platted undeveloped vacant land. Section 7. Allocation of Interests. The common expense liability and voting in the Association are allocated to each Lot as follows: a. The percentage of liability for Common Expenses shall be determined by using a formula in which the numerator is one(1)and the denominator is the total number of / Lots subject to this original Declaration, or subject to this Declaration by supplemental expansion, or any additional number of Lots approved by the County of Weld; and b. The number of votes in the Association is determined on the basis of one (1) vote being allocated to each Lot Owner as determined by the total number of Lots that have been submitted to this original Declaration or a subsequent amendment of this Declaration and which are shown on a subdivision plat required by the County of Weld and recorded with the Clerk and Recorder. • 6 111111111111 1111111 11111 1111 111111 11111 III IIIII 11111111 2781693 07/20/2000 12:19P JA Suki Tsukamoto 11 36 R 180.00 D 0.00 Weld County CO ARTICLE HI MEMBERSHIP AND VOTING RIGHTS: ASSOCIATION STRUCTURE AND OPERATIONS Section 1. The Association. Every Owner of a Residential Unit shall be a Member of the Association. Membership shall be appurtenant to and may not be separated from ownership of a Residential Unit. Section 2. Transfer of Membership. An Owner shall not transfer, pledge or alienate his membership in the Association in any way, except upon the.sale or encumbrance of his Residential Unit and then only to the purchaser or Mortgagee of his Residential Unit. The Association shall not create a right of first refusal on any Residential Unit and Owners may transfer ownership of their Residential Units free from any such right. Section 3. Membership. The Association shall have one class of membership consisting of all Owners,including the Declarant so long as Declarant continues to own an interest in a Residential Unit.Except as otherwise provided for in the Association Documents, each Member shall be entitled to vote in Association matters as set forth in this Declaration and the Bylaws. Each Owner,including Declarant while Declarant owns any Residential Unit, is subject to all the rights and duties assigned • to Owners under the Association Documents. Section 4. Voting. There shall be one vote per Residential Unit, except as otherwise provided in the Association Documents during the period of Declarant Control. a. The Owner(s) of each Residential Unit shall have one vote per Parcel owned. b. If only one of several Owners of a Residential Unit is present at a meeting of the Association, the Owner present is entitled to cast all the votes allocated to the Residential Unit. If more than one of the Owners are present, the votes allocated to the Residential Unit may be cast only in accordance with the agreement of a majority in interest of the Owners. There is majority agreement if any one of the Owners casts the votes allocated to the Residential Unit without protest being made promptly to the person presiding over the meeting by another Owner of the Residential Unit. Section 5. Declarant Control. Declarant shall be entitled to appoint and remove the members of the Association' s Executive Board and officers of the Association to the fullest extent permitted under the Act and as set forth in the Association Documents. The specific restrictions and procedures governing the exercise of Declarant's right to so appoint and remove Directors and officers will be set out 'tithe Articles and Bylaws of the Association. Declarant may voluntarily relinquish such power by recording a notice executed by Declarant with the Clerk and Recorder but, in such event, Declarant may at his option require that specified actions of the Association or the • Executive Board as described in the recorded notice, during the period Declarant would otherwise 7 2781693 07/20/2000 12:19P JA Sula Tsukamoto 8 of 36 A 180.00 D 0.00 Weld County CD • be entitled to appoint and remove directors and officers, be approved by Declarant before they become effective. Section 6. Books and Records. The Association shall make available for inspection, upon request, during normal business hours or under other reasonable circumstances, to Owners and to Mortgagees, current copies of the Association Documents and the books, records and financial statements of the Association prepared pursuant to the Bylaws. The Association may charge a reasonable fee for copying such materials. Section 7. Manager. The Association may employ or contract for the services of a Manager to whom the Executive Board may delegate certain powers,,functions or duties of the Association, as provided in the Bylaws of the Association. The Manager shall not have the authority to make expenditures except upon prior approval and direction by the Executive Board. Section 8. Rights ofAction, The Association on behalf of itself and any aggrieved Owner, shall be granted a right of action against any and all Owners for failure to comply with the provisions of the Association Documents, or with decisions of the Executive Board made pursuant to authority granted to the Association in the Association Documents. The Owners shall have a right of action against the Association for failure to comply with the provisions of the Association Documents, or with decisions of the Executive Board made pursuant to authority granted to the Association in the • Association Documents. In any action covered by this section, the Association or any Owner shall have the right but not the obligation to enforce the Association Documents by any proceeding at law or in equity, or as set forth in the Association Documents, or by mediation or binding arbitration if the parties so agree. The prevailing party in any arbitration or judicial relief shall be entitled to reimbursement from the non-prevailing party or parties, for all reasonable costs and expenses, including attorney fees in connection with such arbitration or judicial relief. Failure by the Association or by any Owner to enforce compliance with any provision ofthe Association Documents shall not be deemed a waiver of the right to enforce any provision thereafter. Section 9. Implied Rights and Obligations. The Association may exercise any right or privilege expressly granted to the Association in the Association Documents, by the Act, and by the Colorado Nonprofit Corporation Act. Section 10. Notice. Any notice to an Owner of matters affecting the Project by the Association or by another Owner shall be sufficiently given if in writing and delivered personally,by courier or private service delivery,or on the third business day after deposit in the mails for registered or certified mail, return receipt requested, at the address of record for real property tax assessment notices with respect to that Owner's Residential Unit. T • 8 1111111111111111111111 11111101 OE I I 111111!DUD I!III 2781693 07/20/2000 12:19P JA Suki Tsukamoto '9 of 36 R 180.00 D 0.00 Weld County CO ARTICLE IV ARCHITECTURAL REVIEW AND OTHER RESTRICTIONS Section 1.Association Power. The Association shall have the right and power to prohibit any activities deemed unsafe, unsightly, unreasonably noisy or otherwise offensive to the senses and perceptible from another Residential Unit or the Common Area, if any by promulgating Rules and Regulations which restrict or prohibit such activities. The Association through its Executive Board has the power to regulate the improvement of any Lot or Residential Unit in the Project. Section 2. Review. No buildings, structures, modifications, alterations or additions to the Residential Units, including, but not limited to fences and/or landscaping, shall be made unless first approved in writing by the Executive Board.The Executive Board shall exercise reasonable judgment to the end that all buildings,structures,modifications,alterations or additions to the Residential Units conform to and harmonize with existing surroundings and structures. The Executive Board has the absolute right to deny any requested buildings, structures, modifications, alterations, or additions which the Executive Board reasonably determines do not conform to and harmonize with existing surroundings and structures. The Executive Board may delegate its responsibilities as stated herein to an Architectural Review Committee which should consist of at least one (1) Executive Board Member. Decisions by this Committee may be appealed to the full Executive Board within thirty(30) • days of said decision Section 3. Procedure. The Executive Board's approval or disapproval as required in these covenants shall be in writing. In the event the Executive Board fails to approve or disapprove within thirty (30) calendar days after complete plans and specifications have been submitted to it, approval will not be required and the related covenants shall be deemed to have been complied with. The following minimum items shall be required to be submitted before the Executive Board is required to act (in addition to other items which the Executive Board deems necessary or advisable for it to act under the circumstances): a. Site plan. b. Complete construction plans. c. Specifications,including color schemes and material samples for the building, addition or alteration. d. Payment in full of all anticipated costs under the following Section. Section 4. Authori y to Hire,Assess Costs, and Raise Funds. The Executive Board has the authority to hire or retain'such professional or other persons as it deems necessary for the purposes described herein. The Executive Board shall also have the power to require the Owner submitting • matters to it for approval to pay reasonably necessary costs of the submission prior to their review 9 111111 11111 3101 11111 1131111111 2781693 07/20/2000 12:19P JA Suki Tsukamoto •of 36 R 180.00 D 0.00 Weld County CO and as a necessary condition thereof. Any excess funds shall be returned, but the submitting Owner shall remain liable to pay any additional expense(s)if prepayment is insufficient. The Executive Board may raise and manage such funds under the authority and procedures prescribed in the Association Documents. Section 5. Records. The Executive Board shall maintain written records of all applications submitted to it and all actions taken thereon. Section 6.Restrictions on Use. Use and enjoyment of each Residential Unit shall be subject to the following restrictions and such additional restrictions as the Executive Board may propose and are accepted by the Owners by a vote of four-fifths (4/5) of}he majority of all Owners: a a. Land Use. No Residential Unit or portion thereof shall be used for any purpose other than Single Family residences as prescribed by the County of Weld under Estate zoning ordinances. b. No Further Subdivision. No Residential Unit or Residence shall be further subdivided or separated into smaller Residential Units or Dwelling Units by any Owner and no portion less than all of any such Residential Unit or Dwelling Unit,nor any easement or other interest therein, shall be conveyed or transferred by an Owner, • provided that this shall not prohibit deeds of correction, deeds to resolve boundary line disputes, and similar corrective instruments. c. Nuisances. No noxious or offensive activity shall be carried on upon any Residential Unit, nor shall any thing be done thereon which may become an annoyance to the neighborhood. No annoying light, sound, or odor shall be emitted from any Residential Unit onto any adjacent Residential Unit(s) which can be considered offensive or intrusive to adjacent Residential Unit Owners or occupants. d. Temporary Structures. No structures of a temporary character such as trailers, mobile homes, tents, shacks, garages, barns or other out buildings shall be used on any Residential Unit at any time as a residence either temporarily or permanently. e. Accessory Buildings. Only one accessory building, storage barn, shed or other accessory structure shall be constructed or moved onto any Residential Unit. The design,location and appearance of said structure must be approved by the Executive Board. 1. Move and Set Structures. All structures within the Project shall be new construction and no prefabricated or previously erected building, structure, or improvement shall be moved and set upon any Residential Unit from any other location. Exceptions may be made for prefabricated storage buildings with written • approval of the Executive Board. 10 11111 111 31111 1111 tIll 11111111111111111111111I111 2781693 07/20/2000 12:19P JA Suki Tsukamoto .11 of 36 R 180.00 D 0.00 Weld County CO g. Signs. No sign of any kind shall be displayed to the public view on any Residential Unit except one name and address sign of not more than one square foot, or one sign of not more than five square feet advertising the property for sale or for rent, or signs used by a builder to advertise the property during the construction or sales period. h. Oil, Gas, and Mining. No oil drilling, oil development operations, oil refining, quarrying or mining operations of any kind shall be permitted upon, in or under any Residential Unit.Nor shall any oil wells,tanks,tunnels, mineral excavations or shafts be permitted upon any Residential Unit.No derrick or other structures designed for use in boring for oil or natural gas shall be erected, maintained or permitted on any Residential Unit. A i. Animals Within Subdivision. No dangerous animals shall be kept or harbored within the Subdivision. Each Owner may keep on his or her Lot a maximum of three (3) household pets which are limited to dogs and cats subject to existing ordinances for the County of Weld, Colorado. Any such household pet shall be kept in the interior of any residential home or the interior of any fence or dog run which is sufficient to contain said pet and which is approved by the Executive Board. It shall be the obligation of each Owner owning a household pet to control it in accordance with the existing ordinances of the County of Weld, State of Colorado. It shall be the • responsibility of each Lot Owner to maintain any Lot used in any manner by any pet in such a way as to avoid any noise or odor or nuisance to any other Owner within the Subdivision. Horses may be kept on any Lot provided that a wooden corral is constructed to contain said horse or horses. The horses are to be fed hay in their corral as their main food source. Light grazing periodically on the rest of any Lot is allowed but it is the responsibility of the Lot owner to restrict the horse's movement in order to prevent overgrazing. No more then two (2) adult horses may be located on any single Lot within the Subdivision. All other animals are strictly forbidden within the Subdivision. j. Garbage and Refuse Disposal. No Residential Unit shall be used or maintained as a dumping ground for rubbish,trash,or garbage. Trash,garbage, or other waste shall not be kept except in sanitary and secure containers. All containers shall be kept in a clean and sanitary condition and shall not be kept in public view except during the scheduled day of pick up. It. Storage of Materials: (i.) No occupant or Owner of any Residential Unit shall store or permit to be stored or to accumulate, upon any Residential Unit, any debris, any piles of manure, piles of dirt, machinery or equipment or any part thereof old or rusted pieces of metal, rubber or any type of junk, or other miscellaneous • 11 11111111111 1111111111111111111111 IIIII III 111111 III 1111 781693 07R/210a00000 12:19P JA Solo Tsukamoto of 36 . D 0.00 Weld County CO items unless concealed from public and neighbor views within an enclosed structure. (ii.) Storage of building materials is permitted only to facilitate continuous building projects in progress. Residential Unit Owners shall supervise and assure secure storage of all building materials during construction to prevent damage to other structures or littering throughout neighborhood as a result of heavy winds. (iii.) No tanks for the storage of gas,fuel,oil or other flammable materials shall be erected, placed, or permitted above or below the surface of any Residential Unit in violation of the uniform fire bode as adopted by the applicable fire • protection district.Any firewood pile shall be screened and located within the confines of a privacy fence. I. Hazardous Activities. No activities shall be conducted on any Residential Unit which are or might be unsafe or ha 7ardous to any person or any property.No firearms shall be discharged upon any Residential Unit and no open fires shall be lighted or permitted on any Residential Unit except in a contained barbecue unit while attended and in use for cooking purposes or within an interior approved fireplace. Burning of • leaves and weeds shall be allowed consistent with Weld County Burning Regulations. The storage of any type of explosive devices, compounds, chemicals, or materials is prohibited. in. Motor Vehicles, Recreational Vehicles, Disabled Vehicles, Vehicle Storage and Repair. No boat, trailer, house trailer, camper,tractor-trailer or semi-truck,motor home, or recreational vehicle shall be stored on any street within the Project.No boat, trailer, house trailer, camper, tractor-trailer or semi-truck, motor home or recreational vehicle shall be stored on any Residential Unit unless it is covered with a canvas or tarpaulin cover approved by the Executive Board and parked in a location approved by the Executive Board but in no event on the west side or front of any Lot. A maximum of one (1) boat, trailer, house trailer, camper, tractor-trailer or semi- truck, motor home or recreational vehicle may be parked on any Residential Unit at any one time unless parked inside an accessory structure. No disabled vehicles shall be allowed to remain on the street, driveway or other parking area which may be seen from the view of adjacent properties. No grease or oil or other unsightly fluids shall be permitted to accumulate in any driveway, sidewalk or street area. n. Home Occupations/Businesses. The conduct of a home occupation or business within a residence shall be permitted provided that the following requirements are met: • 12 I IIIM 11111111111111111111111111111111 III 111111 III till • 2781693 07/20/2000 12:19P JA Sula Tsukamoto Epp of 36 R 180.00 0 0.00 Weld County CO Home occupations or businesses must be conducted inside the residence or outbuilding and shall not occupy more than fifteen percent (15%) of the total floor area of the residence. Home occupations or businesses must be conducted only by the residents of said dwelling with no nonresidents employed. Signage shall not exceed that permitted in this Declaration. No retail sales shall be conducted on the Residential Unit or in public view. Home occupations or businesses must be conducted within the scope of the zoning ordinances of the County of Weld. Customer visits must be limited to an occasional frequency. Customer parking must be in the driveway. There shall be no evidence of a home occupation or business from the outside of the residence. o. Clothes Lines. Clothes lines shall be prohibited in any front or side yard. p. Maintenance and Repair of Landscaping and Improvements: (i.) Each Owner shall provide prudent and regular exterior maintenance upon each Residential Unit including painting, repairs and or replacement of roofs, gutters,downspouts,exterior building surfaces,trees, shrubs,grass and other landscaping, walks, driveways, and other surfaces, and all other exterior improvements to maintain the value of said property. Owners shall comply • with mandatory landscaping requirements as called out in the Architectural Design Standards adopted by and available from the Executive Board.Owners benefiting from fencing and other improvements immediately adjacent to their property, but installed by Declarant, are solely responsible for any and all maintenance and repairs with the exception of utility improvements in ease- ments owned and maintained by public utilities. Residential Unit Owners shall not allow weeds or other unsightly vegetation on unimproved areas of their lot. (ii.) Exterior landscaping of any Lot shall be designed to be compatible with other Lots within the Subdivision. No landscaping shall be initiated until a landscaping plan has been submitted to and approved by the Executive Board. Any landscaping for Lots on which a residence has been occupied between January 1 and August 30 of any year shall be completed by December 31 of that same year. If the residence is occupied after August 30 in any year, the Lot shall be landscaped by May 31 of the next year. The Owners of any Lot upon which no Single-Family residence has been constructed shall have an affirmative obligation to manage and control any weed growth upon said Lot. All weeds on any Lot within the Subdivision shall be cut on a regular basis in order to keep the height of said weeds below twelve (12) inches. • 13 11111111111111111111111 IIil 11111111111111111111 III 1111 2781693 07/20/2000 12:19P JA Sulu Tsukamoto 14 of 36 R 180.00 D 0.00 Weld County CO (iii) It is the intent that the property's natural characteristics will be maintained or reestablished by each unit Owner. Each unit Owner will be required to plant native vegetation on their lot which is not adjacent to their residential structure or which has not been planted as irrigated lawn. Native vegetation is described as follows:Blue Gramma, Buffalo Grass, Western Wheat Grass, Needle and Thread, Side Oats Gramma, Little Blue Stem, Pubescent Wheat Grass and Crested Wheat Grass. Additionally, each unit Owner will be required to plant a tree/shrub windbreak running east west along a line not less then ten(10) feet inside the northern boarder of each Lot. At least 50% of the northern lot line for each Residential Unit must be covered with trees and shrubs planted in a normal w)ndbreak density. Unless otherwise specifically approved by the Executive Board, the trees for the windbreak plantings shall be Rocky Mountain Juniper, Eastern Red Cedar, Ponderosa Pine, Cherry, Hawthorn, Oak, and Hackberry. Other types of trees may be planted elsewhere on each Residential Unit. Unless otherwise specifically approved by the Executive Board, windbreak shrubs shall constitute Skunk Bush Sumac,Lilac,Siberian Pea Shrub,Chokecherry,Currant,Service Berry, Cotton Easter, Sumac, Wild Rose, Wild Grape,Buffalo Berry, and American Plumb. Other types of shrubs may be planed elsewhere on each Residential Unit. Adjacent to each dwelling unit, each Lot Owner shall be required to • plant, develop and maintain a neat,tidy,irrigated lawn of Bluegrass. It is also expected that some trees will be planted around the dwelling to provide shade over the years. (iv.) Failure to maintain: In the event an Owner of any Residential Unit in the Project shall fail to complete or maintain the premises and the improvements thereon as provided herein,The Association shall have the right to enter upon said Residential Unit to correct drainage, and to repair, maintain, and restore deficiencies that have not been corrected within thirty (30) days of duly written notice. All costs related to such correction,repair,or restorations shall become a Restoration Assessment upon such Residential Unit and shall be paid by the Owner to the Association. Any amounts unpaid within thirty(30) days of final billing may be attached to the said Residential Unit as a lien recorded with Clerk and Recorder of Weld County. Nothing herein shall relieve the delinquent Owner of said Residential Unit from any additional remedies at law as prescribed in other provisions within these covenants. q. Non-Owner Occupants. All covenants, restrictions, rules, regulations, and provisions of these covenants shall be binding to non-owner occupants without exception. Property Owners who lease their property shall be required to furnish copies ofthese covenants along with a written lease referencing these same covenants; leasing or being absent from the property shall not release property Owner from • liabilities and responsibilities described herein. 14 • 1111111111111111111111111011111111111111111111 I I 11111 2781693 07/20/2000 12:19P JA Saki Tsukamoto 4,5 of 36 R 180.00 D 0.00 Weld County CO r. Water and Sewer. No individual water supply system or sewage disposal system shall be permitted on any Residential Unit unless it is in compliance with all state and county health regulations and approved by the Weld County Department of Public Health and Environment. All dwellings must attach to a public water source if Declarant or Declarant's successor extends a public water source main line to the Subdivision. Leach fields must be designed by a licensed engineer. Space for two septic systems must be reserved and maintained by each lot owner. All activities such as landscaping and construction are expressly prohibited in any designated absorption field site. s. No Violation of Law. Nothing shall be done or kept in or on any portion of the Project by a Residential Unit Owner or Occujant which would be in violation of any statute, rule, ordinance, regulation, permit or validly imposed requirement of any governmental body having jurisdiction over the Project. t. Fencing. No fencing of any type shall be constructed by any Lot Owner on any Lot within the Project without prior approval in writing by the Executive Board. All fences within the Subdivision must be constructed from wood or PVC and constructed in a style that will ensure compatibility with the natural look of the surrounding area. Only natural colored stain may be used on any wood fence as a • surface covering. All fences around the perimeter of a Lot must be designed to allow free passage of wildlife. Contingent upon review and approval by the Executive Board,Lot Owners may construct a fence around the backyard(east side)landscaped portion of each Lot which is sufficient to contain said Lot Owner's household pets and/or sufficient to exclude animals or persons from the enclosed backyard area. This enclosed backyard area shall not be larger than one-half(1/2 ) of an acre in size. u. No Imperiling of Insurance. Nothing shall be done or kept in or on any portion of the Project which might result in an increase in the premiums with respect to insurance obtained for all or any portion of the Project or which might cause cancellation of such insurance,except with the prior written consent of the Executive Board. v. Architectural Design Standards. The minimum architectural design standards for the Project are set forth in Exhibit A attached hereto and made a part hereof The Executive Board has the power and authority to modify these requirements incoherence with the provisions of the Association Bylaws. w. Owner's Obligation Upon Resale of Lot. The deed or instrument transferring title to any Residential Unit shall contain a provision incorporating by reference the Covenants, Conditions and Restrictions set forth in this Declaration, as well as any Supplemental Declarations. Additionally, the deed or instrument transferring title to • 15 I MIA 111111111111 Nil IIII111111VIII! III111111III1111 2781693 07/20/2000 12:19P JA Suitt Tsukamoto • of 36 Ft 180.00 D 0.00 Weld County CO any Residential Unit shall contain a provision incorporating a provision by reference all notes placed on the final plat. z Hunting. No hunting shall be allowed on any Residential Unit or the roadway leading to the Residential Units at any time. Target practice using BB guns is allowed so long as anyone firing the gun has proper hunter safety training and a proper target is used. Hunting on the agricultural outlot, identified as Outlot A in the recorded plat may be done only with the express written permission of the then current owner of said agricultural outlot. y. Cables, Satellite Dishes/Antennas. Any and all cables or other wires used to provide electricity, telephone, cable TV or other similar services must be buried underground following proper burial procedures which meet the requirements of the Weld County Code of Regulations. MI feed cables or other lines coming from Weld County Road 43 must also be buried. Satellite dishes are allowed provided there is not more then one on each Residential Unit and the diameter of each dish does not exceed six feet. The location and placement of any proposed satellite dish must be approved by the Executive Board prior to installation. Under no circumstances can a satellite dish be installed on the west side of any residential structure. Antennas for radios,televisions, etc shall not be more then three(3)feet taller then the tallest point • of any residential structure. ARTICLE V POWERS OF THE EXECUTIVE BOARD OF THE ASSOCIATION Section 1. Powers. Except as provided in the Bylaws and the Act,the Executive Board may act in all instances on behalf of the Association, to: a. Adopt and amend bylaws and rules and regulations and Architectural Design Standards; b. Adopt and amend budgets or revenues, expenditures and reserves and collect Assessments; c. Hire and terminate managing agents and other employees, agents and independent contractors; d. Institute, defend or intervene in litigation or administrative proceedings in its own name on I3ehalf of itself or two or more Owners on matters affecting the Project; e. Make contracts and incur liabilities; • 16 I11111111111111111111111 IIlt MINE III 111111 III III! 2781693 07/20/2000 12:19P JA Suki Tsukamoto .17 of 36 R 180.00 D 0.00 Weld County CO f. Regulate the use, maintenance, repair, replacement and modification of Common Elements, if any; g. Cause additional improvements to be made as a part of the Common Elements,if any; h. Acquire, hold, encumber and convey in the name of the Association any right,title or interest to real or personal property, except that Common Elements, if any, may be conveyed or subjected to a security interest only if Members entitled to cast at least eighty percent(80%)of the votes agree to that action and if all Owners of Residential Units to which any Limited Common Element is allocated agree in order to convey that Limited Common Element or subject it;b a security interest; i. Grant easements, leases, licenses and concessions through or over the Common Elements, if any; j. Annex additional property, pursuant to the terms of this Declaration, which does not result in an increase in Annual Assessments of more than ten percent (10%) per Owner; k. Impose and receive any payments, fees or charges for the use, rental or operation of • the General Common Elements, if any; 1. Impose charges for late payment of Assessments,recover reasonable attorney fees and other legal costs for collection of Assessments and other actions to enforce the power ofthe Association,regardless of whether or not suit was initiated, and after notice and opportunity to be heard, levy reasonable fines for violations of the Association Documents; m. Impose reasonable charges for the preparation and recordation of amendments to the Declaration or statements of unpaid Assessments; n. Provide for the indemnification of its officers and Executive Board and maintain directors' and officers' liability insurance; o. Assign its right to future income, including the right to receive Assessments; p. Exercise any other powers conferred by the Declaration or Association Bylaws; q. Exercise all,other powers that may be exercised in this state by legal entities of the same type,as the Association; and r. Exercise any other powers necessary and proper for the governance and operation of • the Association. 17 HIM 11111 11111 11111III1111111 • 2781693 07/2012000 12:19P JA Suki 7sukamoto •8 of 36 R 180.00 D 0.00 Weld County CO ARTICLE VI MECHANICS' LIENS Section 1. No Liability. If any Owner shall cause any material to be furnished to his Residential Unit or any labor to be performed therein or thereon, no Owner of any other Residential Unit shall under any circumstances be liable for the payment of any expense incurred or for the value of any work done or material furnished. All such work shall be at the expense of the Owner causing it to be done, and such Owner shall be solely responsible to contractors, laborers, materialmen and other persons furnishing labor or materials to his Residential Unit. Section 2. Indemnification. If, because of any act or omission of any Owner, any mechanic's or other lien or order for the payment of money shall be filed against the Common Elements, if any, or the Association (whether or not such lien or order is valid or enforceable as such),the Owner whose act or omission forms the basis for such lien or order shall at his own cost and expense cause the same to be canceled and discharged of record or bonded by a surety company reasonably acceptable to the Association,or to such other Owner or Owners, within twenty(20)days after the date of filing thereof and further shall indemnify and hold all the other Owners and the • Association harmless from and against any and all costs, expenses, claims, losses or damages • including, without limitation, reasonable attorney fees resulting therefrom. Section 3. Association Action. Labor performed or materials furnished for the Common Elements, if any, if duly authorized by the Association in accordance with this Declaration or its Bylaws,shall be the basis for the filing of a lien pursuant to law against the Common Elements,if any. Any such lien shall be limited to the Common Elements, if any, and no lien may be effected against an individual Residential Unit or Units. ARTICLE VII EASEMENTS Section 1. Recorded Easements. The Property shall be subject to all easements as shown on any Map or plat, those of record, those provided in the Act (including easements for en- croachment set forth in Section 214 of the Act and an easement for maintenance of any such encroachment), and otherwise as set forth in this Article . Section 2. Utility, Drainage and Irrigation Easements. There is hereby created an easement as denoted on the Map for ingress and egress, installation, replacing, repairing and • maintaining all utilities, including, but not limited to, water, sewer, gas, telephone, cable TV, electricity,drainage,irrigation and fences. Said easement includes future utility services not presently 18 1111111 11111 1111111 1111 II11111111 Iilll III ILI III III! • 2781693 07/20/2000 12:19P J/k Suki Tsukamoto of 36 R 180.00 D 0.00 Weld County CO available to the Residential Units which may reasonably be required in the future. By virtue of this easement, it shall be expressly permissible for the companies providing utilities to erect and maintain the nenessary equipment on any of the Residential Units and to affix and maintain electrical and/or telephone wires,circuits and conduits on, above,across and under the roofs and exterior walls of the improvements, all in a manner customary for such companies in the area surrounding the Property, subject to approval by the Association as to locations. Section 3. Reservation of Easements, Exceptions and Exclusions. The Association is hereby granted the right to establish from time to time, by declaration or otherwise, utility and other easements, permits or licenses over the Common Elements,, if any, for the best interest of all the Owners and the Association.Each Owner is hereby granted&perpetual non-exclusive right ofingress to and egress from the Owner's Residential Unit over and ac/oss the Common Elements appurtenant to that Owner's Residential Unit, which right shall be appurtenant to the Owner's Residential Unit, and which right shall be subject to limited and reasonable restriction on the use of Common Elements, if any, set forth in writing by the Association. Section 4. Use ofEasement Area. Within reserved easements,as shown on recorded plats, or herein reserved,there shall be no structure,tree or shrub planting, or any other material installation which may damage or interfere with the installation or maintenance of utilities such as plumbed gas or water lines,wired electrical,cable television,or telephone utility lines.Residential Unit Owner shall • not alter, inhibit, or change the direction of water flow in drainage channels established in said easements or in any way that discharges drainage onto adjacent Residential Units. The easement area of each Residential Unit and all improvements in it,including fences,shall be maintained continuously in good repair by the Owner of said Residential Unit, except for those improvements for which a public utility shall be responsible for. It shall be the responsibility of the Residential Unit Owner to notify with due speed the appropriate public utility of any known flaws, defects, or damage to any utility improvements on said Owners Residential Unit. Fencing shall be allowed in easement areas only as approved by the Executive Board. Section 5. Emergency Access Easement. A general easement is hereby granted to all police, sheriff;fire protection,ambulance and other similar emergency agencies or persons to enter upon the Property in the proper performance of their duties. ARTICLE VIII MAINTENANCE Section 1. Maintenance by Owners. Each Owner shall maintain and keep in repair his Residential Unit, landscaping, and any structures or buildings thereon, including the fixtures thereof to the extent current repair shall be necessary in order to avoid damaging other Owners and to maintain a good appearance for the Project. • 19 U'AULP'Jt1!L" I (ii ((ii(1iii(( i1(ii((i JA Suki Tsukamoto Eil 36 R 180.00 0 0.00 Weld County CO Section 2. Maintenance by Association. The Association shall be responsible,for the maintenance and repair of the Common Elements, (unless necessitated by damage caused by the negligence,misuse or tortuous act of an Owner or Owner's Agent,in which case the person or Owner causing the damage shall be responsible)including any drainage structure or facilities and any fences constructed by Declarant within the utility easement reserved herein for Residential Units with perimeter Residential Unit lines, and such maintenance and repair shall be the Common Expense of all Owners. This maintenance of the Common Elements shall include, but shall not be limited to, upkeep, repair and replacement, subject to any insurance then in effect, of all landscaping, walls, fences, gates, signage, irrigation systems, and improvements located in the Common Elements, if any.In the event the Association does not maintain or repair the Common Elements,if any,Declarant shall have the right, but not the obligation,to do so at the expense of the Association. The common elements shall include the drainage ditch adjacent to the street right-of-way whether or not the Association or Weld County has responsibility for maintaining said street. Section 3. Association Maintenance as Common Expense. The cost of maintenance and repair by the Association shall be a Common Expense of all of the Owners, to be shared by each Owner equally. ARTICLE DC • INSURANCE Section 1. General Insurance Provisions. The Association shall acquire and pay for, out of the Assessments levied in accordance with this Declaration, any insurance policies required by the Colorado Common Interest Owners Act and such other Insurance as the Executive Board may,within its discretion,determine desirable for the protection of the Common Elements,if any. Such insurance required by this Article or the Colorado Common Interest Owners Act shall conform to the requirements set forth in C.R.S. 38-33.3-313(4)(a)-(d) which are as follows: a. Each Residential Unit Owner is an insured person under the policy with respect to liability arising out of such Residential Unit Owner's interest in the Common Elements or membership in the Association. b. The insurer waives its rights to subrogation under the policy against any Residential Unit Owner or member of his household. c. No act or omission by any Residential Unit Owner, unless acting within the scope of such Residential Unit Owner's authority on behalf of the Association, will void the policy or be a condition to recovery under the policy. • 20 111111111111 111111111111 Jinni II111 III 1111111111111 4781693 07/20/2000 12:19P JA Suki Tsukamoto of 36 R 180.00 D 0.00 Weld County CO d. i at the time of a loss under the policy, there is other insurance in the name of a Residential Unit Owner covering the same risk covered by the policy, the Association's policy provides primary insurance. An insurance policy issued to the Association does not obviate the need for Owners to obtain insurance for their own benefit. Section 2. Property and Commercial General Liability Insurance. Commencing not later than the time of the first conveyance of a Lot to a person other than Declarant, the Association shall maintain, to the extent reasonably available: a. Insurance on Common Elements. Property insurance on the Common Elements and also on property that must become Common Elements for broad form covered causes of loss, except that the total amount of insurance must be not less than the full insurable replacement cost of the insured property less applicable deductibles at the time the insurance is purchased and at each renewal date, exclusive of land, excavations, foundations, and other items normally excluded from property policies. b. Commercial General Liability Insurance. Commercial general liability insurance in • a minimum amount of$1,000,000.00 or otherwise larger amount deemed sufficient in the judgment of the Executive Board against claims and liabilities arising in connection with the ownership, existence, use or management of the Common Elements, insuring the Executive Board, the Association, the management agent,and their respective employees, agents, and all persons acting as agents. The Declarant shall be included as an additional insured in such Declarant's capacity as the Residential Unit Owner and board member. The Residential Unit 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 and, in cooperatives, also of all units. The insurance shall cover claims of one or more insured parties against other insured parties. Section 3. Notice. If any insurance required by this Article is not reasonably available, or if any policy of such insurance is canceled or not renewed without a replacement policy therefore having been obtained, the Association promptly shall cause notice of that fact to be hand delivered or sent prepaid by United States mail to all Residential Unit Owners. Section 4. Comnwn Expenses. Premiums for insurance that the Association acquires and other expenses connected with acquiring such insurance are Common Expenses. Section 5. Fidelity Insurance. Fidelity insurance or fidelity bonds may be maintained by the Association to protect against dishonest acts on the part of its officers, directors, trustees, • independent contractors and employees and on the part of all others including any manager hired by the Association, who handle or are responsible for handling the funds belonging to or administered 21 I111111 11111111111111111111111111111111111111111111111! 81693 07/20/2000 12:19P JA Suki Tsukamoto of 36 R 180.00 D 0.00 Weld County CO by the Association. In addition, if responsibility for handling funds is delegated to a Manager, such insurance must be obtained by or for the Manager and its officers, employees and agents, as applicable. Such fidelity insurance or bond shall name the Association as insured and shall contain waivers of all defenses based upon the exclusion of persons serving without compensation from the definition of"employees"or similar terms or expressions. Such fidelity bonds shall be a minimum of an amount equal to three(3) months' Assessments plus replacement reserves. Section 6. Workers'Compensation Insurance. The Executive Board shall obtain workers' compensation or similar insurance with respect to its employees, if applicable, in the amounts and forms as may now or hereafter be required by law. ARTICLE X ASSESSMENTS Section 1. Obligation. Each Owner,including Declarant while an Owner of any Residential Unit,is obligated to pay to the Association(i)the Annual Assessments;(ii)Special Assessments; (iii) Default Assessments; and (iv) Restoration Assessments. • Section 2. Budget. Within thirty(30) days after the adoption of any proposed budget for the Association by the Executive Board pursuant to the terms of the Bylaws, the Executive Board shall mail,by ordinary first-class mail, or otherwise deliver a summary of the budget to all the Owners and shall set a date for a meeting of the Owners to consider ratification of the budget not less than fourteen (14) nor more than sixty(60) days after mailing or other delivery of the summary. Unless at that meeting a majority of all Owners reject the budget, the budget is ratified, whether or not a quorum is present. In the event that the proposed budget is rejected, the periodic budget last ratified by the Owners must be continued until such time as the Owners ratify a subsequent budget proposed by the Executive Board. The Executive Board shall adopt a budget and submit the budget to a vote of the Owners pursuant to the provisions in the Bylaws. The Executive Board shall levy and assess the Annual Assessments in accordance with the annual budget. Section 3. Annual Assessments. Annual Assessments made for Common Expenses shall be based upon the estimated cash requirements as the Executive Board shall from time to time determine to be paid by all of the Owners. Estimated Common Expenses shall include, but shall not be limited to, the cost of routine maintenance and operation of the Common Elements, if any, expenses of management and insurance premiums for insurance coverage as deemed desirable or necessary by the Association, landscaping of the Property, care of grounds within the Common Elements,if any,routine repairs,replacements and renovations within and of the Common Elements, if any, wages, common water and utility charges for the Common Elements, if any, legal and accounting fees, management fees, expenses and liabilities incurred by the Association under or by reason of this Declaration,payment of any default remaining from a previous assessment period,and • the creation of a reasonable and adequate contingency or other reserve or surplus fund for insurance 22 • 111111111111 11111131111 I I I 111111111111 I I 11111111 111111 2781693 07/20/2000 12:19P a Sold Tsukamoto 23 of 36 R 180.00 D 0.00 Weld County CO • deductibles and general, routine maintenance, repairs and replacement of improvements within the Common Elements, if any, on a periodic basis, as needed. Annual Assessments shall be payable within thirty (30) day of the Executive Board mailing Notice of said assessment to the Owners. The omission or failure of the Association to fix the Annual Assessments for any assessment period shall not be deemed a waiver, modification or release of the Owners from their obligation to pay the same. The Association shall have the right, but not the obligation, to make prorated refunds of any Annual Assessments in excess of the actual expenses incurred in any fiscal year. Section 4. Apportionment of Annual Assessments. The Common Expenses shall be allocated among the Residential Units equally for Common Expenses in effect on the date of assessment. Section 5. Special Assessments. In addition to the Annual Assessments, the Association may levy in any fiscal year one or more Special Assessments, payable over such a period as the Association may determine, for the purpose of defraying, in whole or in part, the cost of any construction or reconstruction, unexpected repair or replacement of improvements within the Common Elements, if any, or for any other expense incurred or to be incurred as provided in this Declaration. This Section shall not be construed as an independent source of authority for the Association to incur expense, but shall be construed to prescribe the manner of assessing expenses • authorized by other sections of this Declaration. Any amounts assessed pursuant to this Section shall be assessed to Owners according to their Allocated Interests for Common Expenses, subject to the right of the Association to assess only against the Owners of affected Residential Units any extraordinary maintenance, repair or restoration work on fewer than all of the Residential Units shall be borne by the Owners of those affected Residential Units only, and any extraordinary insurance costs incurred as a result of the value of a particular Owner's Residential Unit or the actions of a particular Owner(or his agents, servants, guests, tenants or invitees) shall be borne by that Owner. Notice in writing of the amount of such Special Assessments and the time for payment of the Special Assessments shall be given promptly to the Owners, and no payment shall be due less than ten (10) days after such notice shall have been given. Section 6. Default and Restoration Assessments. All monetary fines assessed against an Owner pursuant to the Association Documents, or any expense of the Association which is the obligation of an Owner or which is incurred by the Association on behalf of the Owner pursuant to the Association Documents, shall be a Default or Restoration Assessment and shall become a lien against such Owner's Residential Unit which may be foreclosed or otherwise collected as provided in this Declaration. Notice of the amount and due date of such Default or Restoration Assessment shall be sent to the Owner subject to such Assessment at least ten (10) days prior to the due date. a • 23 • I illlH 1111111Ell 11111 dill 111111 HEM 1111111111111 2781693 07/20/2000 12:19P JA SukiTsukamoto at 36 li 180.00 D 0.00 Weld County CO Section 7. Effect ofNonpayment;Assessment Lien. Any Assessment installment,whether pertaining to any Annual, Special,Default or Restoration Assessment, which is not paid on or before its due date shall be delinquent. If an Assessment installment becomes delinquent, the Association, in its sole discretion, may take any or all of the following actions: a Assess a late charge for each delinquency in such amount as the Association deems appropriate; b. Assess an interest charge from the due date at the yearly rate of eighteen percent (18%), or such other lawful rate as the Executive Board may establish; c. Suspend the voting rights of the Owner during any period of delinquency; d. Suspend the rights ofthe Owner, and the Owner's family,guests,lessees and invitees, to use Common Element facilities during any period of delinquency; e. Accelerate all remaining Assessment installments so that unpaid Assessments for the remainder of the fiscal year shall be due and payable at once; f. Bring an action at law against any Owner personally obligated to pay the delinquent • Assessments; and g. Proceed with foreclosure as set forth in more detail below. Assessments chargeable to any Residential Unit shall constitute a lien on such Residential Unit. The Association may institute foreclosure proceedings against the defaulting Owner's Residential Unit in the manner for foreclosing a mortgage on real property under the laws of the State of Colorado. In the event of any such foreclosure, the Owner shall be liable for the amount of unpaid Assessments, any penalties and interest thereon, the cost and expenses of such proceedings, the cost and expenses for filing the notice of the claim and lien, and all reasonable attorney fees incurred in connection with the enforcement of the lien. The Association shall have the power to bid on a Residential Unit at foreclosure sale and to acquire and hold, lease, mortgage and convey the same. Liens for Assessments shall be as provided in C.R.S. 38-33.3-316. Section 8. Personal Obligation. Except for the Assessment lien, each Assessment against a Residential Unit is the personal obligation of the person who owned the Residential Unit at the time the Assessment became due and shall not pass to successors in title unless they agree to assume the obligation. No Owner may exempt himself from liability for the Assessment by abandonment of his Residential Unit or by waiver of the use or enjoyment of all or any part of the Common Elements, if any. Suit to recover a money judgment for unpaid Assessments, any penalties and interest thereon, the cost and expenses of such proceedings, and all reasonable attorney's fees in connection therewith shall be maintainable without foreclosing or waiving the Assessment lien provided in this Declaration. • 24 . 111111 1111111111111111111011111111111 I I 11111111 111111 2781693 07/20/2000 12:19P JA Sub Tsukamoto ipof 36 R 180.00 D 0.00 Weld County CO Section 9. Payment by Mortgagee. Any Mortgagee holding a lien on a Residential Unit may pay any unpaid Assessment payable with respect to such Residential Unit, together with any and all costs and expenses incurred with respect to the lien, and upon such payment that Mortgagee shall have a lien on the Residential Unit for the amounts paid with the same priority as the lien of the Mortgage. Section 10. Statement of Stems Assessment Payment. Upon payment of a reasonable fee set from time to time by the Executive Board and upon fourteen (14) days' written request to the Association's registered agent by personal delivery or certified mail,first class postage prepaid,return receipt,any Owner,designee of Owner,Mortgagee,prospectiye Mortgagee or prospective purchaser of a Residential Unit shall be furnished with a written statement setting forth the amount ofthe unpaid Assessments, if any, with respect to such Residential Unit. Unless such statement shall be issued by personal delivery or by certified mail, first class postage prepaid, return receipt requested, to the inquiring party (in which event the date of posting shall be deemed the date of delivery) within fourteen(14)days after receipt of the request,the Association shall have no right to assert a lien upon the Residential Unit over the inquiring party's interest for unpaid Assessments which were due as of the date of the request. Section 11. Maintenance Accounts;Accounting. If the Association delegates powers of the Executive Board or its officers relating to collection, deposit, transfer or disbursement of • Association funds to other persons or to a Manager, then such other persons or Manager must (i) maintain all funds and accounts of the Association separate from the funds and accounts of other associations managed by the other person or Manager(ii) maintain all reserve and working capital accounts of the Association separate from the operational accounts of the Association, and provide to the(iii) Association an annual accounting and financial statement of Association funds prepared by the Manager, a public accountant or a certified public accountant. ARTICLE XI CONDEMNATION Section 1. Rights of Owners. Whenever all or any part of the Common Elements shall be taken by any authority having power of condemnation or eminent domain or whenever all or any part of the Common Elements is conveyed in lieu of a taking under threat of condemnation by the Executive Board acting as attorney-in-fact for all Owners under instructions from any authority having the power of condemnation or eminent domain, each Owner shall be entitled to notice of the taking or conveying. The Association shall act as attorney-in-fact for all Owners in the proceedings incident to the condemnation proceeding unless otherwise prohibited by law. • 25 , 1111111 31 11111 1111111118 I I 11111111111111 2781693 07/20/2000 12:19P JA Suki Tsukamoto •26 of 36 R 180.00 D 0.00 Weld County CO Section 2. Partial Condemnation. The award made for such taking shall be payable to the Association for the benefit of the Owners and Mortgagees and, unless otherwise required under the Act, the award shall 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,Declarant and Owners who represent at least eighty percent(80%)of the votes of all of the Owners shall otherwise agree, the Association shall restore or replace such Common Elements so taken on the remaining land included in the Common Elements to the extent lands are available for such restoration or replacement in accordance with plans approved by the Executive Board. If such Common Elements are to be repaired or restored, the provisions above regarding the disbursement of funds in respect to casualty damage or destruction which is to be repaired shall apply. If the taking does not involve any 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 equally among the Residential Units, first to the Mortgagees and then to the Owners, as their interests appear. Section 3. Complete Condemnation. If all of the Property 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,provided that the approval is first obtained of sixty percent(60%)ofFirst • Mortgagees of Residential Units subject to First Mortgages(which percentage is measured by votes allocated to such Residential Units), and the portion of the condemnation award attributable to the Common Elements shall be distributed as provided above regarding disbursement of funds for partial condemnation. ARTICLE XII ASSOCIATION AS ATTORNEY-IN-FACT Section 1. Association as Attorney-in-Fact. Each Owner hereby irrevocably appoints the Association as the Owner's true and lawful attorney-in-fact for the purposes of purchasing and maintaining insurance pursuant to this Declaration, including the collection and appropriate disposition of the proceeds thereof,the negotiation and settlement oflosses and execution of releases of liability, the execution of all documents, and the performance of all other acts necessary to purchase and maintain insurance as well as dealing with any improvements covered by insurance written in the name of the Association upon their damage or destruction, or a complete or partial taking as provided above. Acceptance by a grantee of a deed or other instrument of conveyance or any other instrument conveying any portion of the Property shall constitute appointment of the Association as the grantee's attorney-in-fact, and the Association shall have full authorization, right and power to make, execute and deliver any contract, assignment, deed, waiver or other instrument with respect to the interest of any Owner which may be necessary to exercise the powers granted to the Association as attorney-in-fact. • 26 1 111111111 111111111111 Iltl 111111 11111III Inn 11 11 11 81693 07/20/2000 12:19P JA Suki Tsukamoto of 36 R 180.00 D 0.00 Weld County Co ARTICLE XIII RESERVED DEVELOPMENT AND SPECIAL DECLARANT RIGHTS Section 1. Reservation of Withdrawal Rights. Declarant reserves the right for himself and any Successor Declarant at any time and from time to time to withdraw from the provisions of this Declaration,Residential Units and/or Common Elements provided,however,that a Residential Unit may not be withdrawn after that Residential Unit has been conveyed by Declarant to a purchaser as that term is defined in Section 38-33.3-103 of the Act. Additionally, none of the Common Elements may be withdrawn after any Lot is conveyed by Declarant to,a purchaser. Section 2. Other Reserved Rights. Declarant reserves the right for himself and any Successor Declarant at any time and from time to time to maintain and relocate sales offices, management offices, signs advertising the Project of any size on one or more Residential Units and within the Common Elements so long as Declarant or Successor Declarant continues to be an Owner of a Residential Unit or the period of Declarant control has not terminated pursuant to the terms of the Association Documents. Section 3. Termination of Rights. The rights reserved to the Declarant for himself his successors and assigns in this Article shall expire, unless sooner terminated as required by the Act • upon the earlier of(i)sixty(60)days after conveyance of eighty percent(80%)of initially designated Residential Units to Owners other than Declarant; (ii) two (2) years after Declarant has ceased to offer Residential Units for sale in the ordinary course of business;or(iii)two(2)years after any right to add new Residential Units was last exercised. Any management contracts, contracts or leases between the Association and the Declarant or an affiliate of the Declarant, or any contracts or leases which are not bona fide or were unconscionable to the Owners may be terminated by the Executive Board after the end of the Declarant control upon not less than ninety(90) days'notice to the other Party. Section 4. Transfer of Records. Within sixty (60) days after the Owners other than the Declarant elect a majority of the members of the Executive Board, the Declarant shall deliver to the Association all property of the Owners and of the Association held by or controlled by the Declarant, including the following: a. The original or a certified copy of this recorded Declaration; b. An accounting for Association funds and financial statements from the date the Association received funds and ending on the date the period of Declarant control ended; c. The Association funds or control thereof; • d. A copy of any plans and specifications used in the construction of the Common Elements, if any; 27 . MINI 11111111111111111Iii! 111111 i1111III1111111111111 2781693 07/2012000 12:19P JA Suki Tsukamoto • of 36 R 180.00 D 0.00 Weld County CO e. All insurance policies in force; f. All certificates of occupancy, if any; g. Any other permits issued by governmental bodies applicable to the common interest community and which are currently in force or which were issued within one year prior to the date on which Owners other than the Declarant took control of the Association; h. Written warranties of any contractors, subcontractors, suppliers, and manufacturers that are still effective; i. A roster of Owners and mortgagees and their addresses and telephone numbers, if known, as shown in the Declarant's records; j. Employment contracts in which the Association is a contracting party; and k. Any service contract in which the Association is a contracting party or in which the Association or the Owners have any obligation to pay a fee to the person(s) performing the service. • ARTICLE XIV MORTGAGEES RIGHTS The following provisions are for the benefit of holders, insurers or guarantors of First Mortgages on Residential Units. To the extent permitted under Colorado law and applicable, necessary or proper, the provisions of this Article apply to this Declaration and also to the Articles, Bylaws and Rules and Regulations of the Association. Section 1. Distribution of Insurance or Condemnation Proceeds. In the event of a distribution of insurance proceeds or condemnation awards allocable among the Residential Units for losses to, or taking o1; all or part of the Common Elements, neither the Owner nor any other person shall take priority in receiving the distribution over the right of any Mortgagee who is a beneficiary of a First Mortgage against the Residential Unit. Section 2. Right to Pay Taxes and Charges. Mortgagees who hold First Mortgages against Residential Units may,jointly or singularly,pay taxes or other charges which are in default and which may or have become a charge against any Common Elements, and may pay overdue premiums on hazard insurance policies,or secure new hazard insurance coverage on the lapse of a policy for such Common Elements,and Mortgagees making such payments shall be owed immediate reimbursement therefor from the Association. • 28 1 111111 11111 1111111 11111 IIII 11111 11111 III 1111111 11 2781693 07/20/2000 12:19P JA Suki Tsukamoto 29 of 36 R 180.00 D 0.00 Weld County CO • Section 4. Audited Financial Statement. Upon written request from any Agency or Mortgagee which has an interest or prospective interest in any Residential Unit or the Project, the Association shall prepare and furnish within ninety(90) days an audited financial statement of the Association for the immediately preceding fiscal year, at the expense of such Mortgagee. Section 5. Notice of Action. Any First Mortgagee and any Agency which holds, insures or guarantees a First Mortgage, upon written request to the Association (which shall include the Agency's name and address and the Residential Unit number),will be entitled to timely written notice of: a. Any proposed amendment of the Association Documents effecting a change in(i)the boundaries of any Residential Unit or the exclusive easement rights appertaining thereto, (ii)the interest in the Common Elements appurtenant to the Residential Unit or the liability of Assessments relating thereto, (iii) the number of votes in the Association relating to any Residential Unit, or (iv) the purposes to which any Residential Unit or the Common Elements are restricted or any amendment or expansion as set forth below; b. Any proposed termination of the common interest community; c. Any condemnation loss or any casualty loss which affects a material portion of the • Project or which affects any Residential Unit on which there is a First Mortgage held, insured or guaranteed by such Agency; d. Any delinquency in the payment of Assessments owed by an Owner subject to the Mortgage where such delinquency has continued for a period of sixty (60) days; e. Any lapse, cancellation or material modification of any insurance policy maintained by the Association pursuant to this Declaration. Section 6. Action by Mortgagee. If this Declaration or any Association Documents require the approval of Mortgagees then, if any Mortgagee fails to respond to any written proposal for such approval within thirty(30)days after such Mortgagee is given proper notice of the proposal(or such longer time asmay be set forth in the notice), such Mortgagee shall be deemed to have approved such proposal provided that the notice was delivered to the Mortgagee by certified or registered mail, return receipt requested. ARTICLE XV DURATION OF COVENANTS AND AMENDMENT Sectn 1. Term. The covenants d restrictions of this tion shall run with and bind • the land for twenty(20)years and shalle automatically extended for succcessivetwenty-year periods, tYY 29 1111111 11111 11111111111 II11111111111111111111 11111 III! 2781693 07/20/2000 12:19P JA Sukl Tsukamoto of 36 R 180.00 D 0.00 Weld County CO unless an instrument is signed and recorded revoking or terminating the Project pursuant to the provisions of this Declaration or the Act. Section 2. Amendment. This Declaration, or any provision of it, may be amended at any time by Owners holding not less than eighty percent(80%)of the votes possible to be cast under this Declaration at a meeting of the Owners called for that purpose. Annexation of property which will result in an increase of Annual Assessments to each Owner of less than ten percent (10%) of the Annual Assessments assessed in the previous year shall not require an affirmative vote of the First Mortgagees or the Owners. If approval of the First Mortgagees is required, such approval shall first be obtained from sixty percent (60%) of First Mortgagees of Residential Units subject to a First Mortgage (which percentage is measured by votes allocated to such Residential Units). A First Mortgagee shall be entitled to notice and the right to approve amendments, in accordance with the provisions of this Declaration, if the amendment to the Association Documents add any material provisions which establish,provide for, govern or regulate any of the following: a. Voting; b. Increases in Annual Assessments greater than ten percent (10%) of the Annual Assessments assessed in the previous year, Assessment liens or subordination of such liens; • c. Reserves for maintenance or repair and replacement of the Common Elements; d. Insurance or fidelity bonds; e. Reallocation of interests in the Common Elements, or rights to use of the Common Elements; f. Responsibility for maintenance and repair of the Project; g. Expansion or contraction of the common interest community, the addition or withdrawal of property to or from the common interest community, or annexation except as provided in this Declaration; h. Boundaries of any Residential Unit; i• The interests in the Common Elements; j. Convertibility of Residential Units into Common Elements or of Common Elements into Residential Units; k. Hazard or fidelity insurance requirements; and • 30 , I11111111111111111111111IIlt 111111 11111 III till11111Iii! 2781693 07/20/2000 12:19P JA Sold Tsukamoto of 36 R 180.00 D 0.00 Weld County CO 1. Restoration or repair of the Association(after damage or partial condemnation)other than as specified herein. Any amendment must be executed by the President of the Association and recorded, and approval of such amendment may be shown by attaching a certificate of the Secretary of the Association to the recorded instrument certifying the approval of a sufficient number of Owners of the amendment. Notwithstanding the foregoing, Declarant, acting alone, reserves to itself the right and power to modify and amend this Declaration and the Map to the fullest extent permitted under the Act and this Declaration. Section 3. Revocation. This Declaration shall not be revoked nor shall the regime created hereby be terminated (except as provided above regarding total destruction and/or total condemnation), without (i)the consent of all of the Owners evidenced by a written instrument duly recorded with the Clerk and Recorder and (ii) the consent of eighty percent (80%) of First Mortgagees of Residential Units subject to First Mortgages(which percentage is measured by votes allocated to such Residential Units). ARTICLE XVI ANNEXATION OF ADDITIONAL PROPERTY • Section 1. Annexation without Approval. Until seventy-five percent (75%) of the Resi- dential Units have been sold, Declarant may unilaterally annex and subject Outlot A or any part thereof to this Declaration. Such annexations may be completed in one or more phases in the sole discretion of the Declarant or its Successor. Such annexation shall be accomplished by filing with the Clerk and Recorder one or more Supplemental Declarations annexing such property, signed by the Declarant or its successor and one or more Supplemental Maps created by a licensed surveyor depicting the parcel to be annexed. Such Supplemental Declaration(s) shall not require the consent of the Owners, but shall require the consent of the Owner of such property to be annexed, if other than Declarant. The cost of preparing the Supplemental Map(s) shall be borne by the Owner proposing the annexation. Any such annexation shall be effective upon the filing for record of such Supplemental Declaration and Supplemental Map unless otherwise provided therein. Nothing in this Declaration shall be construed to require the Declarant or any successor to annex or develop any of the property described as Outlot A or any part thereof in any manner whatsoever. Section 2. Annexation with Approval of Executive Board or Owners. The Executive Board ofthe Association may annex additional residential real property whose use is harmonious with the uses of the Property within the Association to the provisions of this Declaration upon request by and with the consent of the Owner of such property during and after the period ofDeclarant Control. Any such proposed annexation shall be approved by the Executive Board by a vote of a simple majority of a quorum of Directors entitled to vote, as such quorum is defined in the Bylaws, and without notice to or first bbtaining the affirmative approval of the majority of the Owners unless the proposed annexation will result in an increase in Annual Assessments to all Owners of more than ten • percent(10%) of the Annual Assessments assessed in the previous year. In such a case, the Owners 31 . LL'AqLP's1 ,I'L"v ( "!'ILt' 1 1i'JL!111 1111ASukikamoto 36 R 180.00 D 0.00 Weld County Co shall receive notice of the proposed annexation as provided in the Association Documents and shall be entitled to vote on the proposed annexation. Mortgagees requesting notice under the provisions of this Declaration shall be notified accordingly and shall be entitled to vote on any proposed annexation which requires a vote of the Owners. After approval of by the First Mortgagees of Residential Units subject to First Mortgages as set forth above has been obtained, a sixty percent (60%)majority of all of the Owners entitled to cast a vote shall constitute approval of the proposed annexation and corresponding increase in Assessments. After approval by the Executive Board or the Owners, as the case may be, annexation shall be accomplished by filing a Supplemental Declaration and a Supplemental Map, describing the property being annexed, with the Clerk and Recorder. Any such Supplemental Declaration shall be signed by the President and the Secretary of the Association and by the Owner of the annexed property. The Owner proposing the annexation shall bear the cost of having a Supplemental Map of the annexed property prepared by a licensed surveyor. If an affirmative vote of the First Mortgagees and the Owners was required, the Supplemental Declaration and Supplemental Map shall be accompanied by a certificate of the Secretary of the Association certifying the approval of a sufficient number of First Mortgagees and Owners of the proposed annexation. Any annexation shall be effective upon filing unless otherwise provided in the Supplemental Declaration. Section 3. Acquisition of Common Elements. Declarant may convey additional real estate, improved or unimproved, located within the Project or adjacent thereto, which upon conveyance or dedication to the Association shall be accepted by the Executive Board on behalf of the Association and thereafter shall be maintained by the Association at its expense for the benefit of all its members. Section 4. Amendment. This Article shall not be amended without the written consent of Declarant, so long as the Declarant owns twenty percent (20%) or more of the Residential Units. Section 5. Effect. The filing ofa Supplemental Declaration and Supplemental Map,annexing property to the Association shall not be construed as an amendment to this Declaration requiring a vote of eighty percent(80%) of the Owners under the provisions of this Declaration. ARTICLE XVII GENERAL PROVISIONS Section 1. Restriction on Declarant Powers. Notwithstanding anything to the contrary herein, no rights or powers reserved to Declarant hereunder shall exceed the time limitations or permissible extent of such rights or powers as restricted under the Act.Any provision in this Declara- tion in conflict with the requirements of the Act shall not be deemed to invalidate such provision as a whole but shall be adjusted as is necessary to comply with the Act. • 32 MOM 111111111111 11111 1111 111111 I111111I 11111 IIII Iill 1693 07/20/2000 12:19P JA Sukl Tsukamoto f 36 R 180.00 D 0.00 Weld County Co Section 2. Covenants Run with the Land. It is expressly understood and agreed that all covenants, conditions, and restrictions contained herein are intended to and shall run with the property, and Declarant hereby agrees, for himself and his successors and assigns, that such covenants, individually and collectively, touch and concern the property and shall be binding, fully in all respects upon Declarant's successors in title to the property, regardless of how succession of title may be accomplished. Section 3. Benefits also run with Outlot A. It is expressly understood and agreed that all covenants, conditions and restrictions contained herein are intended to and shall run with the property as described in the proceeding paragraph. Additionally, it is expressly understood and agreed that all benefits contained in the convents, condition§ and restrictions contained herein are intended to and shall run with and be appurtenant to Outlot A. While the benefits of the covenants contained herein including the right of enforcement shall be appurtenant to Outlot A, none of the burdens, obligations or responsibilities shall affect or be appurtenant to said Outlot A. Declarant, hereby agrees, for himself, his successors and assigns, that all such covenants, individually and collectively, touch and concern the property and shall be binding fully and in all respects upon Declarant's successors in title to the property regardless of how succession of title shall be accomplished. Additionally, Declarant hereby agrees for himself, his successors and assigns that the benefits of such covenants touch and concern Outlot A as more specifically described herein and said benefits shall run with Outlot A in all respects to Declarant's successors in tide to Outlot A. • Section 4. Enforcement. Except as otherwise provided in this Declaration, the Executive Board, Declarant, any Owner or the owner of Outlot A or any part thereof shall have the right to enforce,by a proceeding at law or in equity,all restrictions, conditions,covenants,reservations,liens and charges now or hereafter imposed by the provisions of this Declaration.Failure by the Executive Board ofthe Association,Declarant or by any Owner to enforce any covenant or restriction contained in this Declaration shall in no event be deemed a waiver of the right to do so thereafter. Section 5. Severability. Invalidation of any one of these covenants or restrictions by judgment or court order shall in no way affect any other provisions which shall remain in full force and effect. Section G Conflicts Between Documents. In case of conflict between this Declaration and the Articles and the Bylaws of the Association, this Declaration shall control. In case of conflict between the Articles and the Bylaws, the Articles shall control. DECLARANT: j ez.T c7 , p Jo Avery S ter ," James Ted Sutter By John Avery Sutter, Attorney in Fact • 33 1111111El 3111111111 111111 III 11111 HIE 2781693 07/20/2000 12:19P JA Suki Tsukamoto .of 36 R 180.00 D 0.00 Weld County CO STATE OF COLORADO ) ) ss. COUNTY OF WELD ) The foregoing instrument was acknowledged before me this 74.day of July,2000,by John Avery Sutter. WITNESS m d and official seal. PRy..P� My co 6loneXp 2 _9_ c3 KELLY L. ''• BELDEN r i .c(�.-✓" o Nothiy Public TF0F C0‘•O STATE OFtrialf&3 r003 ) ss. • COUNTY OF WELD ) The foregoing instrument was acknowledged before me this i 7-J-i-day of July,2000,by John Avery Sutter as Attorney in Fact for James Ted Sutter. WITNESS my hand and official seal. My commission expires: c< - -O3 {{_� ,pi.'PI/AN �� No PulilicY terry KELLY L. ti BELDEN ° f jet; 1kkTx .. .. . o�.�Q;. My Commission Expires 8.9.2003 • 34 11111111111111111111111 Iill 11111111111III 11111 IIII IIII 2781693 07/20/2000 12:19P JA Suki Tsukamoto • 35 of 36 R 180.00 l) 0.00 Weld County CO EDIT A MINIMUM ARCHITECTURAL DESIGN STANDARDS FOR RESIDENTIAL CONSTRUCTION AVERY ACRES, P.U.D. Section 1. Diversity of Architectural Styles. It is the intent of these guidelines to insure that each home remains compatible with the neighborhood as a whole. Domes, hyperbolic parabolas, modular homes, mansard roofs, and flat roofs will not be permitted in Avery Acres P.U.D. unless specifically approved by the Executive Board. Section 2. Minimum Square Footage andBuilding$eight. The ground floor finished area of any residence, exclusive of open porches,patios and vehicle garages, shall not be less than one thousand six hundred fifty (1,650) square feet for a one-story residence; not less than one thousand one hundred(1,100) square feet for the first floor of a two-story residence; and, not less than two thousand (2,000) square feet above grade for the floors of a bi-level, ti-level or raised ranch residence. The total square footage minimum for the main floor and upper floors of a two-story, multi-level,bi-level, tri-level, or raised ranch residence shall not be less than two thousand (2,000) square feet. The maximum building height of any residence constructed shall be thirty (30) feet • measured from the top of the foundation to the crest of the highest roof line(excluding chimneys, cupola). Section 3. Roof Pitches. The roof pitch on any residence must be between 5/12 and 12/12. Section 4. Exterior Elevations of Residences. My residential plan should be designed to look attractive from all four sides. Decorative elements(masonry veneer,shutters,dormer windows, etc.) should not be limited to the front side of the residence. Fireplaces and full height of any chimney must be fully enclosed with compatible material or masonry to the exterior siding of the residence. Section 5. Residence Window and Door Placement. The placement of windows and doors within the residence on flat walls should align vertically and horizontally and should not be randomly located. Section 6. Standards Regarding Use of Exterior Materials. Exterior materials shall be limited as follows: a. Wood siding shall be restricted to natural wood boards or shingles, stained or painted, with a minimum recommended twenty percent (20%)pigment. b. Hardboard siding shall be restricted to pre-finished or painted with natural colors as • defined in Section 7. c. Masonry siding shall be required for a minimum of seventy five percent (75%)net of window and door openings of the entire residence. The Executive Board may alter this requirement to accommodate specific styles of construction where, in the 7G 1.11111111111111111111111 11111111111111111 FEB 781693 07/20/2000 12:19p JA Suki Tsukamoto of 36 A 180.00 D 0.00 Weld County Co opinion of the Executive Board,the masonry requirements would be detrimental to the style, look and appeal of the home. d. Garage fronts that are recessed or side load are encouraged. e. The roofing material to be utilized upon homes in the subdivision shall be a minimum twenty five (25) year heritage or equivalent. Roofing colors must be limited to natural material colors or earth tone. Alternative materials may be used if approved by the Executive Board. No wood roofs allowed. f. Window frames shall be painted wood,natural'wood,painted steel,anodized painted aluminum, or vinyl cladding. g. Foundation walls shall not be exposed, except six inches above grade. h. All fascia shall be a minimum of eight(8)inches and all soffits shall be a minimum of twelve (12) inches. Section 7. Color of Exterior Materials. ALL EXTERIOR COLORS MUST BE • APPROVED BY THE EXECUTIVE BOARD PRIOR TO CONSTRUCTION. The color of exterior materials used on the residence must be subdued and blend with the colors of the natural landscape. Earth tones, generally muted, are recommended. Accent colors on exterior doom, window frames, fascias,soffits and trim,used with restraint and in a manner which does not exceed five percent(5%) of the surface of the residence,may be approved by the Executive Board. Section 8. Setbacks. The setbacks which will be enforced by the Executive Board are the same building setbacks that are required by the County of Weld, State of Colorado. Section 9. Site Grading. Exterior grading shall be adequate for drainage away from the house and adjacent houses;however,the grading shall not be forced to allow basement garden level or walkout windows and doors, except through the use of area walls. Houses shall be sited to complement existing or planned houses on adjacent sites. Large elevated decks or patios are discouraged. • vw�,ev r, ,r.Ja ,woa coven. nme.. ..,.M...... • American Land Title Association Commitment— 1982 TITLE INSURANCE COMMITMENT BY stewart. title guaranty company Order Number: 20070071-UPDATED We agree to issue policy to you according to the terms of the Commitment. When we show the policy amount and your name as the proposed insured in Schedule A, this Commitment becomes effective as of the Commitment Date shown in Schedule A. If the Requirements shown in this Commitment have not been met within,six months after the Commitment Date,our obligation under this Commitment will end. Also,our obligation under this Commitment will end when the Policy is issued and then our obligation to you will be under the Policy. Our obligation under this Commitment is limited by the following: The Provisions in Schedule A. The Requirements in Schedule B-I. The Exceptions in Schedule B-II. The Conditions on Page 2. This Commitment is not valid without SCHEDULE A and Sections I and II of SCHEDULE B. THIS COMMITMENT IS NOT AN ABSTRACT,EXAMINATION,REPORT OR REPRESENTATION OF FACT OR TITLE AND DOES NOT CREATE AND SHALL NOT BE THE BASIS OF ANY CLAIM FOR NEGLIGENCE, NEGLIGENT MISREPRESENTATION OR OTHER TORT CLAIM OR ACTION. THE SOLE LIABILITY OF COMPANY AND ITS TITLE INSURANCE AGENT SHALL ARISE UNDER AND BE GOVERNED BY PARAGRAPH 4 OF THE CONDITIONS. IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. stewa.rt. goo guaranty oo„to ty Chairmen of the / W:`� -t-?n 4 Presid..t 1908 ,eNcris Countersigned: rosigat Stewart Title of Colorado-Ft Collins Division 3665 John F.Kennedy Parkway,Building 2,Suite 300 Fort Collins,CO 80525 Order Number: 20070071-UPDATED Page 1 of 2 Commitment—235 W/O Disclosure CONDITIONS 1. DEFINITIONS (a) "Mortgage" means mortgage, deed of trust or other security instrument. (b) "Public Records" means title records that five constructive notice of matters affecting your title—according to the state statutes where your land is located. 2. LATER DEFECTS The Exceptions in Schedule B — Section II may be amended to show any defects, liens or encumbrances that appear for the first time in the public records or are created or attached between the Commitment Date and the date on which all of the Requirements (a) and (c) of Schedule B — Section I are met. We shall have no liability to you because oc this amendment. 3. EXISTING DEFECTS If any defects, liens or encumbrances existing at Commitment Date are not shown in Schedule B, we may amend Schedule B to shown them. If we do amend Schedule B to show these defects, liens or encumbrances, we shall be liable to you according to Paragraph 4 below unless you knew of this information and did not tell us about it in writing. 4. LIMITATION OF LIABILITY Our only obligation is to issue to you the policy referred to in this Commitment when you have met its Requirements. If we have any liability to you for any loss you incur because of an error in this Commitment, our liability will be limited to your actual loss caused by your relying on this Commitment when you acted in good faith to: Comply with the Requirements shown in Schedule B—Section I. or Eliminate with our written consent any Exceptions shown in Schedule B—Section II. We shall not be liable for more than the Policy Amount shown in Schedule A of this Commitment and our liability is subject to the terms of the Policy form to be issued to you. 5. CLAIMS MUST BE BASED ON THIS COMMITMENT Any claim whether or not based on negligence, which you may have against us concerning the title to the land must be based on this Commitment Order Number: 20070071-UPDATED Page 2 of 2 Commitment—235 W/O Disclosure COMMITMENT FOR TITLE INSURANCE SCHEDULE A • 1. Effective Date: April 13, 2007 at 8:00 a.m. Commitment No. 20070071 Amended -C-2- - UPDATED 2. Policy or Policies To Be Issued: Rate Type: Reissue Owner's Policy Proposed Insured: To Be Determined (X ) ALTA (1992) Owner's Policy Amount: TO BE DETERMINED (X) Standard ( ) Extended Premium: Lender's Policy ( ) ALTA 1992 Loan Policy Amount: ( ) Standard( )Extended Premium: •Lender's Policy 3. The estate or interest in the land described or referred to in this Commitment and covered herein is: Fee Simple, excepting therefrom the mineral estate, sand and gravel 4. Title to the estate or interest in said land is at the effective date hereof vested in: George Bollinger 5. The land referred to in this Commitment is described as follows. Outlot A, Avery Acres P.U.D., a subdivision of the County of Weld, State of Colorado. SITUATE IN Weld COUNTY For Information Only Property Address: • Stewart Title Guaranty Company for Fort Collins Division Commitment—Schedule A Page 1 of 1 SCHEDULE B-Section 1 • REQUIREMENTS Order Number: 20070071-UPDA TED The following are the requirements to be complied with: Item (a) Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. Item (b) Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for record,to wit: 1. Deed from George Bollinger to grantee(s) to be determined. NOTE: This commitment is subject to such further exceptions and requirements as may appear necessary when the instrument called for above, showing the name(s) of the grantee(s), has been disclosed. 2. Release of Deed of Trust dated May 30, 2006, executed by George Bollinger, to the Public Trustee of WELD County, to secure an indebtedness of$345,544.07, in favor of John A. Sutter and James T. Sutter, recorded June 30, 2006 at Reception No. 3399957. 3. Receipt by the Company of the Survey Affidavit stating that there are no known survey related problems. • 4. Payment of all taxes and assessments currently due and payable, if any. 5. Execution of the approved Lien Affidavit and its return to this office. (Lien Affidavit sent to lender on new loan, and to closer on an assumption or cash purchase.) For closing information, please call the Greeley Office at 970-356-5573. Please make all checks payable to Stewart Title of Larimer County, Inc. • Stewart Title Guaranty Company for Fort Collins Division Commitment—Schedule B I Page 1 of 1 SCHEDULE B-Section 2 • EXCEPTIONS Order Number: 20070071-UPDATED The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Company: 1. Rights or claims of parties in possession, not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any facts, which a correct survey and inspection of the premises would disclose, and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor or material heretofore or hereafter furnished, imposed by laws and not shown by the public records. 5. Unpatented mining claims; reservations or exceptions in patents, or an act authorizing the issuance thereof; water rights, claims or title to water. • 6. Any and all unpaid taxes, assessments and unredeemed tax sales. 7. Right of Way for county roads 30 feet wide on either side of section and township lines, as established by the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 8. A Condition contained in the United States Patent recorded November 16, 1886 in Book 57, at Page 2, Weld County Records, which states as follows: "Subject to any vested and accrued water rights for mining, agricultural, manufacturing or other purposes, and right to ditches and reservoirs used in connection with such water rights, as may be recognized and acknowledged by the local customs, laws and decisions of Courts, and also subject to the right of the proprietor of a vein or lode to extract and remove his ore therefrom, should the same be found to penetrate or intersect the premises hereby granted, as provided by Law." 9. Terms, conditions, provisions, and stipulations as contained in instrument recorded November 19, 1897 in Book 155 at page 155. 10. Oil and gas lease recorded May 17, 1982 in Book 968 at Reception No. 1891780, and any and all assignments thereof, or interests therein. Declaration of Pooling and Unit Designation recorded January 8, 2001 at Reception No. . 2817863. Stewart Title Guaranty Company for Fort Collins Division Commitment—Schedule B 2 Page I of 2 • 11. Oil, gas and other minerals as granted by an instrument recorded July 20, 1994 in Book 1451 at Reception No. 2398453, and any and all assignments thereof or interests therein. 12. Terms, conditions, provisions, and stipulations as contained in Improvements Agreement According Policy Regarding Collateral for Improvements (private road maintenance) recorded May 17, 2000 at Reception No. 2768875. 13. An easement for pipeline and incidental purposes as granted to Duke Energy Field Services, Inc. by an instrument recorded April 25, 2001 at Reception No. 2843034 upon the terms and conditions therein set forth. 14. Terms, conditions, provisions, and stipulations as contained in Augmentation Agreement recorded September 15, 2004 at Reception No. 3218900., 15. Notes, restrictions, conditions, stipulations and easements, if any, imposed upon subject property by Avery Acres PUD Plat Recorded May 3, 2000 at Reception No. 2765560. • • Stewart Title Guaranty Company for Fort Collins Division Commitment—Schedule B 2 Page 2 of 2 Privacy Policy Notice PURPOSE OF THIS NOTICE Title V of the Gramm-Leach-Bliley Act(GLBA) generally prohibits any financial institution, directly or through its affiliates, from sharing nonpublic personal information about you with a nonaffiliated third party unless the institution provides you with a notice of its privacy policies and practices, such as the type of information that it collects about you and the categories of persons or entities to whom it may be disclosed. In compliance with the GLBA, we are providing you with this document, which notifies you of the privacy policies and practices of Stewart Title of Colorado -Ft Collins Division and Stewart Title Guaranty Company for Fort Collins Division. We may collect nonpublic personal information about you from the following sources: • Information we receive from you, such as on applications or other forms. • Information about your transactions we secure from our files, or from our affiliates or others. • Information we receive from a consumer reporting agency. • Information that we receive from others involved in your transaction, such as the real estate agent or lender. Unless it is specifically stated otherwise in an amended Privacy Policy Notice, no additional nonpublic personal information will be collected about you. • We may disclose any of the above information that we collect about our customers or former customers to our affiliates or to nonaffiliated third parties as permitted by law. We also may disclose this information about our customers or former customers to the following types of nonaffiliated companies that perform marketing services on our behalf or with whom we have joint marketing agreements: • Financial service providers such as companies engaged in banking, consumer finance, securities and insurance. • Non-financial companies such as envelope stuffers and other fulfillment service providers. WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW. We restrict access to nonpublic personal information about you to those employees who need to know that information in order to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. • DISCLOSURES Order No. 20070071 Pursuant to C.R.S. 10-11-122,notice is hereby given that: (A) THE SUBJECT REAL PROPERTY MAY BE LOCATED INA SPECIAL TAXING DISTRCT; (B) A CERTIFICATE OF TAXES DUE LISTING EACHTAXING JURISDICTION SHALL BE OBTAINED FROM THE COUNTY TREASURER OR THE COUNTY TREASURER'S AUTHORIZED AGENT; (C) INFORMATION REGARDING SPECIAL DISTRICTS AND THE BOUNDARIES OF SUCH DISTRICTS MAY BE OBTAINED FROM THE BOARD OF COUNTY COMMISSIONERS, THE COUNTY CLERK AND RECORDER,OR THE COUNTY ASSESSOR Note: Colorado Division of Insurance Regulations 3-5-1, Paragraph C of Article VII requires that "Every title entity shall be responsible for all matters which appear of record prior to the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed" Provided that Stewart Title of Larimer County,Inc. conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction,exception number will not appear on the Owner's Title Policy and the Lender's Title Policy when issued. Note: Affirmative Mechanic's Lien Protection for the Owner may be available (typically by deletion of • Exception No. 4 of Schedule B, Section 2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: A. The land described in Schedule A of this commitment must be a single-family residence, which includes a condominium or townhouse unit. B. No labor or materials have been furnished by mechanics or materialmen for purposes of construction on the land described in Schedule A of this Commitment within the past 6 months. C. The Company must receive an appropriate affidavit indemnifying the Company against unfilled mechanic's and Materialmen's Liens. D. The Company must receive payment of the appropriate premium. E. If there has been construction, improvements or major repairs undertaken on the property to be purchased,within six months prior to the Date of the Commitment,the requirements to obtain coverage for unrecorded lines will include: disclosure of certain construction information; financial information as to the seller, the builder and/or the contractor; payment of the appropriate premium; fully executed Indemnity agreements satisfactory to the company; and, any additional requirements as may be necessary after an examination of the aforesaid information by the Company. No coverage will be given under any circumstances for labor or material for which the insured has contracted for or agreed to pay. NOTHING HEREIN CONTAINED WILL BE DEEMED TO OBLIGATE THE COMPANY TO PROVIDE ANY OF THE COVERAGES REFERRED TO HEREIN UNLESS THE ABOVE CONDITIONS ARE FULLY SATISFIED. • File No.2007007/ Stewart Title of Colorado-Ft Collins Division Disclosures Rev. 10/99 • • DISCLOSURE Order No: 20070071 To comply with the provisions of C.R.S. 10-11-123, the Company makes the following disclosure: (a) That there is recorded evidence that a mineral estate has been severed, leased or otherwise conveyed from the surface estate and that there is a substantial likelihood that a third party holds some or all interest in oil, gas, other minerals, or geothermal energy in the property; and (b) That such mineral estate may include the right to enter and use the property without the surface owner's permission. Note: • • Order No:20070071 Stewart Title of Colorado-Ft Collins Division Mineral Disclosure Rev.07/2001 Hello