11-28-1988 Council Packet - Laserfiche WebLink

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way leading from the private road to the garage, provided that t::e c_ea:ed right-.f +ay of the :i•.reway shall not exceed 20 feet y c�^_•'^r. 1' Rules and Rec•i'ations. in addition to the !zregc.::g anc. covenants �:,f:C3::.1 :y- G.-,a use of the Properties, reasonable riles and regulations (herein "Rui3s") ► not i.'1 JC .LCt and stlDDiamen zary tine:eto, may be promulgated and amended from time to time by the Board of Directors of the Association. Copies of the rules and regula- t_c^s snal_ be fu.-:is-ied bv_ the As_ scciat_on to eac- Lot Owner and occicant. ARTICLE X ADMINISTRATIVE PROVISIONS Section 1. Enforcement. The Association, or any owner, shall have t e right to enforce, by any proceeding at law or in equity, all restrictions, conditions, covenants, reservations, liens and charges now or hereafter imposed by the provisions of this Declaration or the Bylaws of the Association. Failure by the Association or by any Owner to enforce ar..: covenant or restriction herein contained shall in no event be deemed a waiver of the right to do so thereafter. Section 2. Severab�i'its•. -^validation of anv one of these covenants or o rest icti� nsy judgment or court order shall in no way affect any other provisions which shall remain in full force and effect. Section 3. Amendment. The covenants and restrictions of this �c aration shwa l run with and bind the land, for a term of twenty (20) years from the date this Declaration is recorded, after which time they shall be automatically extended for succes- sive periods of ten (10) years. This Declaration may be amended by an instrument signed by not less than 671 of each class of members and Slt of the first mortgagees of Lots who have requested that the Association notify them of any proposed action which requires the consent of a specified percentage of eligible mortgage holders ("Eligible Mortgagees"). Any amendment must be recorded to be effective. Section 4. FNMA Provisions. In addition to various other provisions of. this Declaration and the Bylaws, which meet the requirements of the Federal National Mortgage Association (herein "FWMA"), the following additional FNMA provisions are applicable to the Association, Lot Owners and the Properties. (a) No insurance on the Properties, including fidelity bonds, may be cancelled or materially modified without giving ten (10) days prior written nctics to any first mortgagee, any mort- gage so:- -ricer and to the Association. First mortgagees, upon - is -