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:'v-r <br />:•■ <br />'.I <br />V. <br />r . <br />^>.1 <br />fu <br />< '•mW- <br />Mi' <br />*', 'v W <br />liiM <br />that this Declaration ^haU constitute pectiv: <br />land and shall be th^ Decla^ <br />successors ^3„a improvements thereon, together with <br />portion of the Property ana v ai?<5ians heirs, executors,theii respective grantees, successors, assigns <br />administrators and devisees; <br />ARTICLE I _ <br />SHADOWOOD FARM HOMEOWNERS ASSOCIATION; COMMON AREAS <br />Section 1.1. *'®***?^^?*‘^^* nt^act^ seland fncluding in place <br />Owner of any Lot (excluding r shall be a member (a •Member") <br />thereof their contract (the -Lsociation-) . The <br />of Shadowood Farm Homeowners or entities who hold an <br />foregoing is intended to P performance of an obligationinterest merely as a security for .he^ pertorma^ interest in such <br />until such time such person ^ _ i^^ lieu thereof. Membership <br />Lot by roreclosure or by any n^t be separated <br />“sr,=K .< .»=» - “ ”• <br />sole qualification foi. membership. <br />c 4.- « 1 ^ Classes of Membership. There shall be twoSection 1.2. Clas ^ho ;i«;«;nriation Developer shall beclasses of ■nembership m the Assoc t ^hall be Class A <br />the only Class B MenJ^er and aU ^otner ^Membe^ different from <br />Members. The noting “^hts forth in the Articles of <br />each other and shall b ^the "Articles") just as if such <br />p?ovis?ons Sad been fully set forth herein. <br />section 1.3. Comon Areas. Su«ect^^to^^the^^.r^^^^^^^ of the <br />Owners set forth herein, it s improve, maintain, insure. <br />Association to own, ' orlv^ate ro^ad to be owned by the <br />repair and administer (i) ? . o -nd C, and (ii) such other <br />Association and contained in designated by the Association <br />areas within the Property a .. foregoing being referred to <br />for common use of all Ow’Jf” ^" Pr?or %o cLveyance by <br />collectively as the Common Area^^^^ Developer shall, by quit <br />Developer of the last right, title and interest in and to <br />claim deed, convey ®aUon The Association shall accept <br />Outlots B and ^ to the Association^ Developer whenever Developer <br />the conveyance of Outlots ^ <br />shall convey the same on an As-Is basis. <br />article II <br />ASSESSMENTS <br />Section 2-1- Pe^^sonal Obligatj.oj^. by acceptance <br />owned by it, hereby covenant , shall bp 'o expressed in anyof a deed therefor "Aether or not rt shall _^b 3grees to <br />;"ftflttVocirtirarnuar-:ises or charges, and specra,