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, „ «han constitute covenants running with thethat this Declaration shall t and their respective <br />land and shall be ^““e ' ^ o£ all or any <br />successors and improvements thereon, together with <br />IS^rr^^esUtlve grSs, successors, assigns heirs, executors, <br />administrators and devisees. <br />article I <br />SHADONOOD FARM HOMEOWHERS ASSOCIATION; O 9] w i ^N AREAS <br />Mn n Every person or entity who is an <br />Section 1.1. ,"®^Jf^^^*ntract^ sellers and including in place <br />Owner of any Lot gpj.g\ shall be a member (a "Member*) <br />thereof their contract pu K--neiation (the "Association*). The <br />o£ Shadowood Farm persons or entities who hold an <br />foregoing is “or the performance of an obligation <br />interest merely as a a fee simple interest in such <br />sole qualification for membership. <br />Section 1.2. °i„ ?^n«iation Developer shall be <br />classes of voting aother Members shall be Class A <br />the only Class ® *"■*./Vhe t«o ®'® different fromwafers. The voting rights of the two^^^^^ Articles of <br />?;c5rpo«u'on the* Association (the -Articles*) Just as if such <br />had been fully set forth herein. <br />of the <br />of the <br />insure, <br />by the <br />nsection 1.3. ^—on ®“bi®°^he*'°resVlrnsibu''uy <br />Owners set forth ^ manaae improve, maintain. <br />Association to .“^1 %he private road to be owned -repair and administer (i) the pri ^ ^ o^^er <br />Association and contained in designated by the Associationwithin the property as may be^design^t^,^^ <br />for common use of all owt^rs { prior to conveyance by <br />collectively as the "C<M-.on Sli^loper shall,, by quit <br />Developer of the last L right, title and interest in and to <br />claim deed, ^L-ociation. The Association shall accept .outlets B and ^ to the Association. whenever Developer /the conveyance^of outlets B and C fro^.^^ ^tne COnveyaiiwo wi. ------------ ha^is <br />shall convey the same on an As-Is <br />ARTICLE II <br />assessments <br />section 2.1. . °*’“’/Va°c“h Owne/^^f'’a'lot ^ acceptance <br />Tf d^ed^Vhe-rVf'o'?, ^ en^ <br />pSf tf^h;*A«ociati" snLal assessments or charges, and specie <br />T'. ■