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r <br />DECLARATION OF BUILDING RESTRICTIONS <br />(Lot 3) <br />THIS DECLARATION is made as of September , 1997, by James G. <br />Fullerton, III and Robert A Stein, Trustees of the Elizabeth L. Fullerton Revocable Trust <br />U/A, dated 1/4/85, as amended, with Elizabeth L. Fullerton, as donor (the ’Trustees"). <br />RECITALS: <br />A The Trustees are the owners of the following described real estate situated <br />in the City of Orono (the "City"), Hennepin County, Minnesota: <br />Lot 3, Block 1, Fullerton Estates, according to the recorded <br />plat thereof ("Lot 3"). <br />;; <br />R, The Trustees desire to place certain building restrictions on Lot 3, and to <br />provide notice with respect to the Type 2 Wetlands located on Lot 3 (the "Wetlands"). <br />NOW, THEREFORE, the Trustees, on behalf of themselves and their successors <br />and assigns, hereby covenant and agree as follows, and hereby declare and create the <br />following restrictioits, all of which shall run with title to Lot 3: <br />1. Ruilding Rp<;trirtions. No building, struaure, fence or Other improvement <br />shall be constructed, placed or maintained on or above the surface of that part of Lot 3 <br />lying South of the following described line: <br />That part of Lot 3, Block 1, FULLERTON ESTATES which lies <br />southerly of the following described line and its e.xtensions: <br />Commencing at the northwest comer of Lot 4, said Block 1; thence <br />on an assumed bearing of South 6 degrees 36 minutes 16 seconds <br />West along tne westerly line of said Lot 4 a distance of 207.83 feet <br />to the point of beginning of the line being described; thence North <br />77 degrees 45 minute- 16 seconds West across said Lot 3 to the <br />shore of Lake Minnetonka, and said line there ending. <br />That part of Lot 3 lying South c/ said line is hereinafter referred to as the "No Build <br />Area", and is shown on Exhibit A hereto. <br />2. Prohibition Against Tree Removal. The two groupings of Scotch Pine and <br />Spruce trees located along the Easterly lot line of Lot 3 within the No Build Aea shall <br />1 <br />c <br />4