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<br /> � " NOLa, ifiEREr 0?2E, ir, consideratian of the receipt of One
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<br /> �.�,�� r�' Dollar and the gran�.i na of the above pri�rate road easPment for the
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<br /> ,���.��, • benefited lots, the above owners of the lats so described, their
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<br /> � ����, heirs, succQssors and assigns �hereinafter r�ferred to as Owners)
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<br /> t �:'����� hereby covenant and agree as follaws:
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<br /> 1. That tY:e o���:�ers do hereby ackr;owledae th� existence of
<br /> � "�� ` said privat� road easement and the exist�nce of the
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<br /> ��„ priva}e road, rr.d thai the City of Oron,� has no ebligation
<br /> �'` `;;'��� t.o m intair_ or service said private raad� and that the
<br /> `f� �i � C:ity uf Orono does r.ot intend to acquire or open saic3
<br /> fi ��� ` F>rivate ro�.d as a public roadw�y.
<br /> ,,��"� 2. That as provided by t.he Bylzws c,f The Association, the
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<br /> ,� owners wi11 and do hereby assu�e and agree to pay a
<br /> '+ '�� { �' praportion�te share o£ t.he �osts of maintaining, repairing
<br /> f�;';�§,�_ " and replacing, if necessary, the pzivate road over said
<br /> 4� �"'� "` ea,��ement described herein to �t least a standard quality
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<br /> �..��.�? � equal to ti�e private road as it was approved by the City
<br /> '^r��� '� o= Orono a�� part oi the subdivision of the adjoiaing
<br /> �� � lar.d, and ��s may be required from time to time by the
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<br /> ordinances of the City of Orono in regard to private roads.
<br /> Each owner' s srare of such costs shalZ be due and payable
<br /> ; � �� on the c�ate such cests for construction, maintenance or
<br /> regair are due and payable to the person or entity renderinq
<br /> : � - an acconnt therefore. Each owner' s share of sucii costs
<br /> �;_: , �hall ��ear interest at a rate of eight (8) percent per
<br /> " ;::z annum ::rom such due da�ce to the date of payment. Each
<br /> `"` Owner'r share of such cost� may when authorized b� the
<br /> ��«:,�� Association, bs deferred in wh�le or in part by
<br /> ��.�}.-``�,,�, ��-`_ the levy o` special assessments by the Baard o� Directors
<br /> `3j�~`��. of the Association. Any owner may bring an action, on
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<br /> , , behalf of .he nondefaulting Owners, to collect a defaulting
<br /> Owner' s sh�:re of such cests which are not paid when
<br /> t�>`��� due, and s:�all be entitled to recover such reasonable
<br /> E`:'°' attorneys' fees as th.e court may alloFr, together with
<br /> J�� � ' a�l necess�sry costs and disbursements incurred in
<br /> „'�� connection therewith.
<br /> � ���- �� The plans, spAc.ificati�ns, ar.d the awarding of contracts
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<br /> ,;���, . fcr the private road or for any aiterations in the private
<br /> b���. z '�� roa3 after construction thereof shall be approved in
<br /> ,.,�tp ,ariting b,� the Owiiers of twenty-five (25�s) percent of the
<br /> �;t„�„�g Lo t s.
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<br /> "�x.� �,� The costs ir.curred for maintenance and repair of the
<br /> �-,,:�`,�,i _ '". private road shall be approved in writiny by the Owners
<br /> t�?,v :t. • of twenty-five (25) percent cf the Lots.
<br /> �-� Y ^� No Owner may exempt himself from the liability for
<br /> *;� • assessments by waiver of the use or enjoyment of any of
<br /> `�' ' the privat� road or by the abandonment of his Lot.
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<br /> In the event that the Owners ot each lot described herein
<br /> }"'�• fail to maint.ain, repair and replace the private road as
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