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T-6130 - Agreement/Covenant - DCC&Rs - 11/15/2017 C I� IIII III I IIII II II II IIII IIII I II III III I II IIII II III II WHEN RECORDED RETURN TO: FRESNO County Recorder BN 5499 L.P. Paul DictosC.P.A. c/o John A. Bonadelle DCC— 2617-0147625 7030 N. Fruit Ave. , Suite 101 Acct 8017-First American Title - Fresno SPL Fresno, CA 93711 Wednesday, NOV 15, 2017 08:00:00 Tt 1 Pd $371.00 Rcpt # 0004885285 RGR/R6/2-112 DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS & EASEMENTS TRACT NO. . 6130 CANYON CREEK FRESNO PLANNED DEVELOPMENT (INCLUDING SUBORDINATION) NOTICE: ARTICLE XVI AT PAGES 93 THROUGH 97, INCLUSIVE, OF THIS DECLARATION CONTAIN A BINDING ARBITRATION PROVISION IN ACCORDANCE WITH THE FEDERAL ARBITRATION ACT. ARBITRATION INCLUDES A WAIVER OF THE CONSTITUTIONAL RIGHT TO A JURY. OWNER SHOULD READ THE ARBITRATION PROVISION CAREFULLY AND CONSULT INDEPENDENT LEGAL COUNSEL OF OWNER' S CHOOSING WITH ANY QUESTIONS. INDEX TO DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS & EASEMENTS TRACT NO. 6130 CANYON CREEK FRESNO PLANNED DEVELOPMENT DESCRIPTION PAGE PREAMBLE ARTICLE I DEFINITIONS 5 ARTICLE II MEMBERSHIP 9 ARTICLE III VOTING RIGHTS 10 ARTICLE IV ASSESSMENTS 12 ARTICLE V OWNERSHIP OF RESIDENCE LOTS AND COMMON AREA 27 ARTICLE VI OCCUPANCY AND USE OF RESIDENCE LOTS AND COMMON AREA 28 ARTICLE VII COVENANT AGAINST PARTITION 37 ARTICLE VIII LABOR AND MATERIALMAN'S LIENS 38 ARTICLE IX ARCHITECTURAL CONTROL 39 ARTICLE X INSURANCE 44 ARTICLE XI MAINTENANCE, REPAIR AND RESTORATION 50 ARTICLE XII DESTRUCTION OR CONDEMNATION 56 ARTICLE XIII EASEMENTS AND ENCROACHMENTS 61 ARTICLE XIV POWERS AND DUTIES OF ASSOCIATION 67 ARTICLE XV RIGHTS OF LENDERS 80 ARTICLE XVI MISCELLANEOUS 87 ARTICLE XVII ANNEXATION 99 ARTICLE XVIII RIGHTS OF CITY OF FRESNO 102 M:\Cl..i.ents\22.86\000\doc\final\ccrs.102417.wpd 2 DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS & EASEMENTS TRACT NO. 6130 CANYON CREEK FRESNO PLANNED DEVELOPMENT This DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS & EASEMENTS, TRACT NO. 6130 CANYON CREEK FRESNO PLANNED DEVELOPMENT, is made this '�6 ' day of October, 2017 by BN 5499 L. P. , a California limited partnership, hereinafter referred to as "DECLARANT") , with reference to the following recitals : 1 . DECLARANT is the owner of certain parcels of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described as follows : LOTS 1 through 23, inclusive, LOTS 85 through 94, inclusive, LOTS 111 through 126, inclusive, together with OUTLOTS G, H, I, J and L as said LOTS and OUTLOTS are described and depicted upon the Map for Tract No. 6130, recorded on AjAVeAgb'eC /$ 2017, in Volume 3 of Plats at Pages t,{q -}�rU S� inclusive, records of said County. Said parcels of real property are collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 1". 2 . DECLARANT is also the owner of certain parcels of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described as follows : LOTS 24 through 39, inclusive, LOTS 134 through 154, inclusive, together with OUTLOTS B and D, as said LOTS and OUTLOTS are described and depicted upon the Map for Tract No. 6130, recorded on N V=joax /.,y, 2017, in Volume Z7 of Plats at Pages !�9 Niru . _. inclusive, records of said County. Said parcels of real property are collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 2" . 3 . DECLARANT is also the owner of certain parcels of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described as follows : M:\CljenLs\2286\000\doc\fir..al\ccrs.102417.wpd 1 LOTS 40 through 70, inclusive, together with OUTLOTS A, E and M, as said LOTS and OUTLOTS are described and depicted upon the Map for Tract No. 6130, recorded on NoVe(Al, f 15. 2017, in Volume of Plats at Pages 49 a ,,� inclusive, records of said County. Said parcels of real property are collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 3" . 4 . DECLARANT is also the owner of certain parcels of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described as follows : LOTS 71 through 84, inclusive, LOTS 95 through 99, inclusive, together with OUTLOT F, as said LOTS and OUTLOTS are described and depicted upon the Map for Tract No. 6130, recorded on JV(jjjeer / , 2017, in Volume ff2 of Plats at Pages . q 9 J� Sa inclusive, records of said County. Said parcels of real property are collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 4" . 5 . DECLARANT is also the owner of a certain parcel of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described on Exhibit "A" attached hereto and made a part hereof. Said parcel of real property is collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 5", "PHASE 611, and "PHASE 7" . 6. DECLARANT is also the owner of certain parcels of real property situate in the City of Fresno, County of Fresno, State of California, more particularly described as follows : LOTS 100 through 110, inclusive, LOTS 127 through 133, LOT 155 and LOT 156, together with OUTLOT K, as said LOTS and OUTLOT are described and depicted upon the Map for Tract No . 6130, recorded on A/2Ve.M6er /�, 2017, in Volume a of Plats at Pages q q rU SA inclusive, records of said County. M:\C lien Ls\2286\000\doc\final\ccrs.102417.woc 2 Said parcels of real property are collectively sometimes hereinafter referred to for brevity' s sake as "PHASE 8" . 7 . Said PHASE 2, PHASE 3, PHASE 4, PHASE 5, PHASE 6, PHASE 7 and PHASE 8 are sometimes hereinafter referred to for brevity' s sake collectively as the "SUBSEQUENT PHASES" . 8 . PHASE 1 and the SUBSEQUENT PHASES are collectively sometimes hereinafter referred to for brevity' s sake as "THE PROJECT" or "THE PROPERTY" . Said PHASE 1, PHASE 2, PHASE 3, PHASE 4, PHASE 5, PHASE 6, PHASE 7 and PHASE 8 are sometimes hereinafter referred to individually as a "PHASE" or collectively as the "PHASES . " 9. DECLARANT intends to subdivide and develop PHASE 1 as a Planned Development under the laws of the State of California containing by constructing thereon forty-nine (49) single-family RESIDENCES together with the PHASE 1 of THE PROJECT COMMON AREA (OUTLOTS G, H, I, J and L) , in accordance with the map for said P impose TRACT NO. 6130 . DECLARANT intends to upon said PHASE 1 the covenants, conditions, restrictions and easements set forth herein below herein below for the benefit of said PHASE 1 and all RESIDENCES to be constructed thereon, as well as the future OWNERS thereof. 10 . DECLARANT intends, but is not required, to develop and subdivide all or part of the SUBSEQUENT PHASES, as additional Planned Developments under the laws of the State of California by developing not more than two hundred seventeen (217) residential LOTS together with related COMMON AREA in one or more increments or phases in the SUBSEQUENT PHASES, and if any such PHASE, or any part thereof, is or are to be so developed, to make such PHASE so developed subject to and impose thereon each and all the covenants, conditions, restrictions and easements created hereby, and to annex said PHASE or portion thereof so developed for the purposes and in the manner set forth in Article XVII -of this DECLARATION, so that PHASE 1 and such part or portion of SUBSEQUENT PHASES, if annexed, shall be operated, controlled and administered as a single integrated project under the name of "CANYON CREEK FRESNO", and marketed under the name "CANYON CREEK", with a maximum of two hundred fifty (266) total RESIDENCES . 11 . DECLARANT desires to impose THE PROPERTY with certain reciprocal easements and mutually beneficial covenants all as hereinafter set forth. NOW, THEREFORE, DECLARANT hereby declares that it intends to create a planned development as defined in Section 4175 of the M:\CiienLs\2.286\000\doc\C.inal\ccrs.:1.6241'1.wpd 3 California Civil Code and that THE PROPERTY, and every part thereof, shall be held, conveyed, hypothecated, encumbered, leased, rented, occupied and improved subject to the following limitations, ' covenants, conditions, restrictions, reservations and easements, all of which are declared and agreed to be in furtherance of a plan for the subdivision of THE PROPERTY as a single integrated project and are established and agreed upon for the purpose of enhancing and protecting the security, value, desirability and attractiveness of THE PROJECT, and every part thereof. All of the restrictions, covenants, limitations and easements set forth herein shall run with THE PROPERTY, and every part thereof, and shall be binding on all persons having .or acquiring any right, title or interest therein or thereto and shall be for the benefit of each OWNER of any portion thereof, and shall inure to the benefit of and be binding upon any successor in interest of such OWNERS. Notwithstanding the foregoing, and subject to the provisions of Section 2792 . 15 of Title 10 of the California Code of Regulations, for a period ending on the earlier of five (5) years after the close of escrow of the first LOT in the last PHASE annexed to THE PROJECT, or the close of escrow of the last LOT in THE PROJECT, whichever occurs first, no provisions of this DECLARATION shall be construed as to prevent or limit DECLARANT ' S right to complete the development of THE PROPERTY and the construction of improvements thereon, nor DECLARANT'S right to maintain sales or leasing offices or similar facilities on THE PROPERTY nor DECLARANT' S right to post signs incidental to construction, sales or leasing. END OF RECITALS M:\Clients\2286\000\doc\final\ccrs.102417.wpd 4 N ARTICLE I DEFINITIONS Unless the context otherwise specifies or requires, the terms defined in this DECLARATION shall, for all purposes have the following meanings : 1 . 01 ARCHITECTURAL COMMITTEE. "ARCHITECTURAL COMMITTEE shall mean the committee described in Article IX of this DECLARATION. 1 . 02 ARTICLES/ARTICLES OF INCORPORATION. "ARTICLES" and/or "ARTICLES OF INCORPORATION" shall mean the Articles of Incorporation of CANYON CREEK FRESNO HOMEOWNERS ASSOCIATION, a California non-profit mutual benefit corporation, as the same may be amended from time to time . 1 . 03 ASSOCIATION. "ASSOCIATION" shall mean CANYON CREEK FRESNO HOMEOWNERS ASSOCIATION, a California non-profit mutual benefit corporation, or its successor, an owners association as defined in Section 4080 of the California Civil Code. The purpose of the ASSOCIATION is to operate THE PROJECT in accordance with the provisions of this DECLARATION. 1 . 04 ASSOCIATION RULES . "ASSOCIATION RULES" shall mean the rules governing the use and occupancy of THE PROJECT from time to time in effect, pursuant to the provisions of the BY-LAWS of the ASSOCIATION and this DECLARATION. 1 . 05 BOARD. "BOARD" shall mean the Board of Directors of the ASSOCIATION. 1 . 06 BY-LAWS . "BY-LAWS" shall mean the BY-LAWS of the ASSOCIATION, as such BY-LAWS may be amended from time to time . 1 . 07 CITY/COUNTY. "CITY" shall mean and refer to the City of Fresno, and "COUNTY" shall mean and refer to the County of Fresno, State of California. 1 . 08 COMMON AREA. "COMMON AREA" shall mean all real and personal property owned by the ASSOCIATION for the common use and enjoyment of the OWNERS. 1 . 08 . 1 The COMMON AREA of PHASE 1 to be owned by the ASSOCIATION shall be OUTLOTS G, H, I, J and L of TRACT NO. 6130, together with (except as otherwise provided in this DECLARATION) all amenities, structures and improvements located therein, including without limitation, landscaping and irrigation systems M:\C:I..ients\22.86\000\doc\t-inal\ccrs.102417.wpd. 5 located on the aforesaid OUTLOTS, all onsite sewer, water and storm drainage facilities, walkways, cluster mailboxes, entry monument sign on OUTLOT J and masonry block walls and masonry block retaining walls along OUTLOTS G, H, I, J and L, and five (5) stall concrete open parking area. 1 . 08 . 2 OUTLOTS located within the SUBSEQUENT PHASES, together with (except as otherwise provided in this DECLARATION) all amenities, structures and improvements located therein, will also be COMMON AREA, should all or any part of the SUBSEQUENT PHASES containing OUTLOTS be annexed to THE PROJECT pursuant to Article. XVII of this DECLARATION. 1 . 09 DECLARANT. "DECLARANT" shall mean BN 5499 L. P . , a California limited partnership, its successors and assigns, if such successors and assigns are assigned the right of DECLARANT under the DECLARATION or if such successor or assign acquires DECLARANT ' S interest in THE PROJECT by foreclosure or by deed in lieu of foreclosure of a MORTGAGE . 1 . 10 DECLARATION. "DECLARATION" shall mean and refer to this Declaration of Covenants, Conditions, Restrictions & Easements, Tract No. 6130 Canyon Creek Fresno Planned Development (Including Subordination) . 1 . 11 FISCAL YEAR. "FISCAL YEAR" shall refer to the accounting year of the ASSOCIATION which shall be a calendar year. 1 . 12 INSTITUTIONAL MORTGAGEE . "INSTITUTIONAL MORTGAGEE" shall mean and refer to a MORTGAGEE which is a bank or savings and loan association or an established mortgage company or other entity chartered under federal or state law; any corporation or insurance company, any federal or state agency or other institution specified by the BOARD in a recorded instrument . 1 . 13 MAJORITY OF MEMBERS. "MAJORITY OF MEMBERS" shall mean: 1 . 13 . 1 Those members of the ASSOCIATION holding fifty- one percent - (51o) of the votes of each class of membership for so long as there are two (2) classes of memberships in the ASSOCIATION pursuant to Article III of this DECLARATION. 1 . 13 .2 Upon the conversion of Class B memberships into Class A- memberships pursuant to said Article III those members of the ASSOCIATION holding fifty-one percent (510) of the votes . M:\Clients\7.7.86\000\doc\fi.nal.\ccr.s.1.0241.7.wpd 6 1 . 14 MEMBER. "MEMBER" shall mean and refer to those persons entitled to membership in the ASSOCIATION as provided in this DECLARATION. 1 . 15 MORTGAGE. "MORTGAGE" shall mean and refer to a MORTGAGE or deed of trust encumbering a RESIDENCE LOT in THE PROJECT. The term "FIRST MORTGAGE" shall mean and refer to a MORTGAGE which has priority over any other MORTGAGE encumbering a specific RESIDENCE LOT. 1 . 16 MORTGAGEE. "MORTGAGEE" shall mean the holder of a deed of trust as well as a MORTGAGE or contract lender under a recorded contract of sale of a RESIDENCE LOT in THE PROJECT or contract vendor under a recorded contract of sale of a RESIDENCE LOT in THE PROJECT. 1 . 17 OWNER. "OWNER" shall mean and refer to the record owner or owners, if more than one, (including DECLARANT) of the recorded fee simple title to any RESIDENCE LOT which is a part of THE PROJECT, (or contract vendee under a recorded contract of sale of a RESIDENCE LOT in THE PROJECT) , excluding those persons or entities having such interest merely as security for the performance of an obligation. 1 . 18 THE PROJECT . "THE PROJECT" shall mean and refer to PHASE 1, as well as the SUBSEQUENT PHASES, should all or any part of the SUBSEQUENT PHASES be annexed pursuant to ARTICLE XVII hereof, to be developed as a Planned Development, including COMMON AREA, RESIDENCE LOTS and each RESIDENCE thereon. 1 . 19 RESIDENCE. "RESIDENCE" shall mean and refer to the single family dwelling constructed upon each RESIDENCE LOT. 1 . 20 RESIDENCE LOT/LOT. "RESIDENCE LOT" or "LOT" shall mean and refer to each LOT within PHASE 1 (LOTS 1 through 23, inclusive, LOTS 85 through 94, inclusive, and LOTS 111 through 126, inclusive) of TRACT NO. 6130, and shall not include the PHASE 1 COMMON AREA OUTLOTS G, H, I, J and L of TRACT NO. 6130, unless otherwise expressly provided herein. "RESIDENCE LOT/LOT" shall also mean and refer to each numbered LOT in the SUBSEQUENT PHASES, should all or any part thereof be annexed pursuant to Article XVII of this DECLARATION. M:\CI-.ienits\2286\000\doc\final\ccrs.10247.7.wpd 7 1 . 21 STRUCTURES . "STRUCTURES" shall mean and refer to all buildings, garages, sheds, or other outbuildings or auxiliary buildings (other than a RESIDENCE) constructed or maintained upon a LOT in THE PROJECT . END OF ARTICLE I M:\Clients\2286\000\doc\final\ccrs.7.0291'7.w d P 8 ARTICLE II MEMBERSHIP 2 . 01 QUALIFICATIONS . Each OWNER of a RESIDENCE LOT, including DECLARANT, shall be a MEMBER of the ASSOCIATION. If a given RESIDENCE LOT is owned by more than one OWNER, all such OWNERS shall be members of the ASSOCIATION. 2 . 02 TRANSFER OF MEMBERSHIP. The ASSOCIATION membership of .each OWNER (including DECLARANT) shall be appurtenant to the RESIDENCE LOT giving rise to such membership, and shall not be assigned, transferred, pledged, conveyed or alienated in any way except upon the transfer of title to said RESIDENCE LOT and then only to the transferee of title- to such RESIDENCE LOT. Any attempt to make a prohibited, transfer shall be void. Any transfer of title to a RESIDENCE LOT shall operate automatically to transfer the membership in the ASSOCIATION appurtenant thereto to the new OWNER thereof. 2 . 03 MEMBERSHIP RIGHTS . The rights, duties, privileges and obligations incidental to membership in the ASSOCIATION shall be exercised and imposed in accordance with this DECLARATION and the BY-LAWS of the ASSOCIATION. 2 . 04 TERMINATION OF MEMBERSHIP. An OWNER'S membership in the ASSOCIATION shall cease upon the termination of his status as an OWNER, whether by sale, assignment or conveyance of the RESIDENCE LOT giving rise to such membership. END OF ARTICLE II `9:\Cli.er,ts\2286\000\doc\f.inil\ccrs.10241.7.wpd 9 ARTICLE III VOTING RIGHTS 3 . 01 VOTING RIGHTS . The ASSOCIATION shall have two (2) classes of voting memberships, specifically, Class A voting members and Class B voting members . 3 . 01 . 1 Each RESIDENCE LOT, other than a RESIDENCE LOT owned by the DECLARANT during such time as Class B voting rights are in existence, shall have Class A voting rights entitling such RESIDENCE LOT to one (1) vote, regardless of the number of OWNERS thereof. There shall be as many Class A votes as there are RESIDENCE LOTS in THE PROJECT; provided, however, that during such time as Class B votes shall be in existence, there shall be as many Class A votes as there are RESIDENCE LOTS not owned by DECLARANT. 3 . 01 .2 DECLARANT shall have Class B voting rights entitling it to three (3) votes for each RESIDENCE LOT in THE PROJECT owned by DECLARANT. Class B voting rights shall be converted to Class A voting rights and shall forever cease to exist on the occurrence of the first to occur of the following: (a) The second anniversary of the first conveyance of a LOT in the most recent PHASE of THE PROJECT, or (b) The fourth anniversary of the first conveyance of a LOT in PHASE 1 of the PROJECT. 3 . 02 VESTING OF VOTING RIGHTS. The voting rights prescribed with respect to each RESIDENCE LOT within THE PROJECT pursuant to this Article III shall not vest with respect to such RESIDENCE LOT until the first day following the initial levy of the regular monthly assessment against such RESIDENCE LOT by the ASSOCIATION pursuant to Article IV of this DECLARATION. 3 . 03 APPLICATION. Whenever this DECLARATION or the BY- LAWS of the ASSOCIATION require the vote, assent or presence of a stated number of OWNERS or MEMBERS entitled to vote on a matter or at a meeting with regard to the taking of any action or any other matter whatsoever, the provisions of this Article III shall govern as to the total number of available votes, the number of votes an OWNER is entitled to cast at the meeting, and the manner in which the vote attributable to a RESIDENCE LOT having more than one OWNER shall be cast. 3 . 04 JOINT OWNER DISPUTES . The vote for each RESIDENCE LOT shall be cast only as a unit, and fractional votes shall not be M:\C.I..i.enLs\22.86\000\doc\fina_L\ccrs.1.0241'l.wpd 10 allowed. In the event that joint OWNERS are unable to agree among themselves as to how their vote or votes shall be cast, they shall lose their right to vote on the matter in question. If any OWNER or OWNERS cast a vote representing a certain RESIDENCE LOT, it will thereafter be conclusively presumed for all purposes that he or they were acting with the authority and consent of all other OWNERS of the same RESIDENCE LOT . In the event more than one vote is cast for a particular RESIDENCE LOT, none of said votes shall be counted and all of said votes shall be deemed void. 3 . 05 CUMULATIVE VOTING. In any election of the BOARD the vote attributable to a given RESIDENCE LOT may be cumulated by the OWNER or OWNERS thereof as prescribed by Section 3 . 14 of the BY-LAWS . 3 . 06 DECLARANT VOTING RIGHTS . Any provision of this DECLARATION, the BY-LAWS or the regulations of the State of California, Bureau of Real Estate ("B.R.E") (except Section 2792 . 4, Title 10 of the California Code of Regulations) for action to be taken by a prescribed majority of the voting power of MEMBERS other than DECLARANT shall be subject to the following provisions : 3 . 06. 1 Where two (2) classes of membership in the ASSO- CIATION are in existence, the approval of MEMBERS of action by the ASSOCIATION shall require the vote or written assent of a bare majority of the Class B voting power as well as the vote or written assent of the prescribed majority of the Class A voting power. 3 . 06.2 Where two (2) classes of membership no longer exist, approval of the MEMBERS of action by the ASSOCIATION shall require the vote or written assent of a bare majority of the total voting power of the ASSOCIATION as well as the vote or written assent of the prescribed majority of the total voting power of MEMBERS other than the DECLARANT. END OF ARTICLE III M:\C:lienls\2286\000\doc\final.\ccrs.10241'1.w_r)d 11 �3 ARTICLE IV ASSESSMENTS 4 . 01 CREATION OF LIEN AND OBLIGATION OF ASSESSMENTS . The DECLARANT, for each RESIDENCE LOT owned by it within THE PROJECT hereby covenants, and each OWNER of a RESIDENCE LOT within THE PROJECT, by acceptance of a deed therefor, is deemed to covenant and agree to pay to the ASSOCIATION the following assessments : 4 . 01 . 1 REGULAR MONTHLY ASSESSMENTS; 4 . 01 . 2 SPECIAL ASSESSMENTS; and 4 . 01 . 3 INDIVIDUAL ASSESSMENTS . Certain REGULAR and SPECIAL ASSESSMENTS provided for by this DECLARATION, (not INDIVIDUAL ASSESSMENTS prescribed by Section 4 . 07 hereof) together with such interest thereon and the cost for collection thereof shall be a charge on the RESIDENCE LOT against which each assessment is made, which lien shall be created and enforced in accordance with the provisions of this Article IV, together with interest and the cost of collection thereof, shall further be the joint and several personal obligation of each person who was an OWNER of such RESIDENCE LOT at the time when such assessment fell due . 4 . 02 REGULAR MONTHLY ASSESSMENT. The "REGULAR MONTHLY ASSESSMENTS" levied by the ASSOCIATION pursuant to this Article IV shall be used by the ASSOCIATION to promote the health, safety, benefit, recreation and welfare of the OWNERS and for the improvement and maintenance of the COMMON AREA and, to the extent provided in this DECLARATION, of the RESIDENCES and the RESIDENCE LOTS in THE PROJECT. The term "'REGULAR MONTHLY ASSESSMENT" as used herein shall mean and refer to the following assessments . 4 . 02 . 1 INITIAL REGULAR MONTHLY ASSESSMENT. The first day of the calendar month immediately following the date of the first conveyance of a RESIDENCE LOT under authority of the final subdivision public report for THE PROJECT shall be hereinafter referred to as the "INITIATION DATE" . Until January 1 of the FISCAL YEAR immediately following the INITIATION DATE the REGULAR MONTHLY ASSESSMENT shall be the amount set forth in the final subdivision public report for PHASE 1 issued by the B.R.E. 4 . 02 . 2 REGULAR MONTHLY ASSESSMENT. Not less than forty- five (45) days nor more than sixty (60) days prior to the beginning of each FISCAL YEAR following the INITIATION DATE, the ASSOCIATION shall estimate the net cash requirements for the ensuing FISCAL M:\Clients\2.286\000\doc\fi.na:L\ccrs.10241.'7.wpd 12 YEAR for the ASSOCIATION to operate and maintain THE PROJECT, including reasonable reserves for the replacement or repair of all improvements comprising the COMMON AREA, in accordance with the ASSOCIATION' S duties as set forth in this DECLARATION and the BY- LAWS. Such pro-forma operating statements shall be distributed to each MEMBER of the ASSOCIATION not less than forty-five (45) days nor more than sixty (60) days before the commencement of the FISCAL YEAR pursuant to Section 4 . 02 . 10 of the BY-LAWS. The amount of the estimated net cash requirements for the ensuing FISCAL YEAR for the ASSOCIATION, as determined pursuant to this Section 4 . 02 .2, shall constitute the REGULAR MONTHLY ASSESSMENT for such FISCAL YEAR, and each RESIDENCE LOT in THE PROJECT shall be assessed for its share of the REGULAR MONTHLY ASSESSMENT pursuant to the provisions of Section 4 . 07 of this DECLARATION. All REGULAR MONTHLY ASSESSMENTS shall continue in effect until the end of the FISCAL YEAR during which they became effective, and for each FISCAL YEAR' thereafter unless increased or decreased in accordance with and at the time and in the manner provided for by this DECLARATION. 4 . 02 . 3 PARTIAL ASSESSMENT EXEMPTION FOR UNCOMPLETED COMMON AREA. All OWNERS including DECLARANT shall be exempt from the payment of that portion of any REGULAR ASSESSMENT which is for the purpose of defraying expenses and reserves directly attributable to the existence and use of any COMMON AREA improvement that is not completed at the time assessments commence . The assessment exemption provided by this subparagraph shall be in effect only until the earliest of the following events : (i) a notice of completion of the COMMON AREA has been recorded; or (ii) the COMMON AREA has been placed in use. 4 . 02 . 4 CERTIFICATE OF PAYMENT. The ASSOCIATION shall upon demand, furnish to any OWNER liable for any assessment a certificate in writing signed by an officer of the ASSOCIATION, setting forth whether the assessments on a specified RESIDENCE LOT have been paid, and the amount of the delinquency, if any. A charge of $10 . 00 per certificate may be made by the BOARD for the issuance of those certificates . Such certificates shall be conclusive evidence of payment of any assessment therein stated to have been paid. 4 . 03 INCREASE IN REGULAR MONTHLY ASSESSMENTS BY BOARD. The ASSOCIATION shall at all times levy assessments sufficient to perform its obligations under this DECLARATION and under the California Davis-Stirling Common Interest Development Act. The M:V.7Lienl.s\2.286\000\doc\final\ccrs.102417.wpd 13 �5 BOARD must comply with the provisions of Sections 5605 and 5610 of the California Civil Code prior to any increase in REGULAR MONTHLY ASSESSMENTS . 4 . 04 SPECIAL ASSESSMENTS. The BOARD, at any time, may levy a SPECIAL ASSESSMENT in order to raise funds for unexpected operating or other costs, insufficient operating funds, defraying, in whole or in part, the cost of any construction, reconstruction or unexpected repair or replacement of a capital improvement upon the COMMON AREA, including any personal property related thereto. The BOARD may not levy SPECIAL ASSESSMENTS without complying with the provisions of Sections 5605, 5610, 5615, 5620 and 5650 of. the California Civil Code 4 . 05 QUORUM. For purposes of Sections 4 . 03 and 4 . 04 of this Article IV, a quorum means more than fifty percent (50%) of the MEMBERS of the ASSOCIATION. 4 . 06 EMERGENCY ASSESSMENTS . Notwithstanding any other provision contained in Sections 4 . 03 and 4 . 04 of this Article IV, the BOARD may increase assessments necessary for emergency situations pursuant to Section 5610 of the California Civil Code . 4 . 07 INDIVIDUAL ASSESSMENTS . A REGULAR MONTHLY ASSESSMENT or SPECIAL ASSESSMENT and any late charges, reasonable costs of collection, and interest, as assessed in accordance with California Civil Code Section 5600, shall be a debt of the owner of the separate interest at the time the assessment or other sums are levied. Before an ASSOCIATION may place a lien upon the separate interest of an OWNER to collect a debt which is past due under this subdivision, the ASSOCIATION shall notify the OWNER inwriting by certified mail of the fee and penalty procedures of the ASSOCIATION, provide an itemized statement of the charges owed by the OWNER, including items on the statement which indicate the assessments owed, any late charges and the method of calculation, any attorney' s fees, and the collection practices used by the ASSOCIATION, including the right of the ASSOCIATION to the reasonable costs of collection. In addition, any payments toward that debt shall first be applied to the assessments owed, and only after the principal owed is paid in full shall the payments be applied to interest or collection expenses . The amount of the assessment, plus any costs of collection, late charges, and interest assessed in accordance with California Civil Code Sections 5600 and 5650, shall be a lien on the OWNER' S interest in the common interest development from and after the time the ASSOCIATION causes to be recorded with the county recorder of the COUNTY, a notice of delinquent assessment, M:\Clients\2286\000\doc\fina.l\ccrs.1.0241.7.wpd 14 1� which shall state the amount of the assessment and other sums imposed in accordance with California Civil Code Section 5660, a legal description of the RESIDENCE LOT against which the assessment and other sums are levied, the name of the record owner of the RESIDENCE LOT against which the lien is imposed, and, in order for the lien to be enforced by nonjudicial foreclosure as provided in subdivision (e) the name and address of the trustee authorized by the ASSOCIATION to enforce the lien by sale. The notice of delinquent assessment shall be signed by the person designated in the declaration or by the ASSOCIATION for that purpose, or if no one is designated, by the president of the ASSOCIATION, and mailed in the manner set forth in California Civil Code Section 2924b, to all record owners of the RESIDENCE LOT no later than ten (10) calendar days after recordation. Upon payment of the sums specified in the notice of delinquent assessment, the ASSOCIATION shall cause to be recorded a further notice stating the satisfaction and release of the lien thereof. A monetary penalty imposed by the ASSOCIATION as a means of reimbursing the ASSOCIATION for costs incurred by the ASSOCIATION in the repair of damage to the COMMON AREA and facilities for which the MEMBER or the MEMBER' S guests or tenants were responsible shall become a lien against an OWNER' S RESIDENCE LOT by the sale of the, RESIDENCE LOT under California Civil Code Section 2924, 2924b, and 2924c, provided the authority to impose a lien is set forth in the DECLARATION, the ARTICLES, the BY-LAWS, and the ASSOCIATION RULES (collectively the "Governing Documents") . Except as indicated in the immediately preceding paragraph, a monetary penalty imposed by the ASSOCIATION as a disciplinary measure for failure of a member to comply with the governing instruments, except for the late payments, shall not be characterized nor treated as an assessment which may become a lien against an OWNERS' S RESIDENCE LOT subdivision interest enforceable by the sale of the RESIDENCE LOT under California Civil Code Section 2924, 2924b, and 2924c. Further, a lien created pursuant to the immediately preceding paragraph shall be prior to all other liens recorded subsequent to the notice of assessment, except that the declaration may provide for the subordination thereof to any other liens and encumbrances . After the expiration of thirty (30) days following the recording of a lien created pursuant to this Section 4 . 07, the lien may be enforced in any manner permitted by law, including sale by the court, sale by the trustee designated in the notice of delinquent assessment, or sale by a trustee substituted pursuant to California Civil Code Section 2934a. Any sale by the trustee shall be conducted in accordance with the provisions of California Civil M:\('Ii.ents\2286\000\doc\f-inal.\ccrs.102417.wod 15 Code Sections 2924, 2924b, and 2924c applicable to the exercise of powers of sale in mortgages and deeds of trust . 4 . 08 ASSESSMENT LIEN. A REGULAR or SPECIAL ASSESSMENT and any late charges, reasonable costs of collection, and interest, as assessed in accordance with California Civil Code Sections 5600 and 5650, shall be a debt of the OWNER of the separate interest at the time the assessment or other sums are levied. Before the ASSOCIATION can record a lien upon the RESIDENCE LOT, it must comply with the requirements of Section 4 . 15 . 5 below. The amount of the assessment, plus any costs of collection, late charges, and interest assessed in accordance with California Civil Code Sections 5600 and 5650 shall be a lien on the OWNER' S RESIDENCE LOT from and after the time the ASSOCIATION causes to be recorded with the county recorder of the COUNTY, a notice of delinquent assessment, which shall state the amount of the assessment and other sums imposed in accordance with California Civil Code Section 5660, a legal description of the RESIDENCE LOT against which the assessment and other sums are levied, and the name of the record OWNER of the RESIDENCE LOT against which the lien is imposed. The itemized statement of the charges owed by the OWNER [as described in Section 4 . 15 . 5 (b) below] , shall be recorded together with the notice of delinquent assessment. In order for the lien to be enforced by nonjudicial foreclosure as provided in this Section 4 . 08, the notice of delinquent assessment shall state the name and address of the trustee authorized by the ASSOCIATION to enforce the lien by sale . The notice of delinquent assessment shall be signed by the person designated in THE DECLARATION or by the ASSOCIATION for that purpose, or if no one is designated, by the president of the ASSOCIATION, and mailed in the manner set forth in California Civil Code Section 2924b, to all record OWNERS of the RESIDENCE LOT no later than ten (10) calendar days after recordation. Within twenty-one (21) days of the payment of the sum specified in the notice of delinquent assessment, the ASSOCIATION shall record or cause to be recorded in the office of the COUNTY recorder in which the notice of delinquent assessment is recorded, a lien release or notice of rescission and provide the OWNER of the RESIDENCE LOT with a copy of the lien release or notice that the delinquent assessment has been satisfied. A monetary penalty imposed by the ASSOCIATION as a means of reimbursing the ASSOCIATION for costs incurred by the ASSOCIATION in the repair of damage to the COMMON AREA and facilities for which the MEMBER or the MEMBER' S guests or tenants were responsible or as a disciplinary measure for failure of a M:\C.1..1enl..s\2286\000\doc\Ei.na:l-\ccr.s.1.0241.'7.wpd 16 MEMBER to comply with the governing instruments, except for the late payments, shall not be characterized nor treated as an assessment which may become a lien against an OWNERS' S RESIDENCE LOT subdivision interest enforceable by the sale of the RESIDENCE LOT under California Civil Code Section 2924, 2924b, and 2924c. Subject to the limitations set forth in California Civil Code Sections 5700, 5710 and 5735, after the expiration of thirty (30) days following the recording of a lien created pursuant to this Section 4 . 08, the lien may be enforced in any manner permitted by law, including sale by the court, sale by the trustee designated in the notice of delinquent assessment, or sale by a trustee substituted pursuant to California Civil Code Section 2934a. Any sale by the trustee shall be conducted in accordance with the provisions of California Civil Code Sections 2924, 2924b, and 2924c applicable to the exercise of powers of sale in mortgages and deeds of trust. 4 . 09 DAMAGES TO COMMON AREA. Each OWNER of a RESIDENCE LOT shall also be assessed from time to time for all fines, penalties and damages to which the OWNER is subject as a result of any damages caused to the COMMON AREA by the negligence or willful misconduct of such OWNER; provided, however, that an assessment levied pursuant to this Section 4 . 09 may not be treated as an assessment which may become a lien against the OWNER' S RESIDENCE LOT enforceable by sale of the interest pursuant to Section 4 . 15 . 2 herein below. 4 . 10 COLLECTION DATE. REGULAR MONTHLY ASSESSMENTS shall be collected on a monthly basis unless the BOARD directs otherwise; SPECIAL ASSESSMENTS may be collected in one (1) payment or periodically as the BOARD shall direct. INDIVIDUAL ASSESSMENTS and EMERGENCY ASSESSMENTS shall be paid in full within thirty (30) days from notice thereof. 4 . 11 UNIFORM RATE OF ASSESSMENT. REGULAR MONTHLY and SPECIAL ASSESSMENTS must be fixed at a uniform rate for all RESIDENCE LOTS in THE PROJECT. REGULAR MONTHLY and SPECIAL ASSESSMENTS shall be collected on a monthly basis and INDIVIDUAL ASSESSMENTS shall be paid in full within thirty (30) days from notice thereof. If a SPECIAL ASSESSMENT is assessed in accordance with Section 4 . 04 of this Article IV, the amount thereof shall be pro-rated over the number of months remaining in the FISCAL YEAR in which it is so assessed. M:\Clienl-.s\2286\000\doc\final.\ccrs.1.02417.wr)d 17 4 . 12 DATE OF COMMENCEMENT: DUE DATE. The REGULAR MONTHLY ASSESSMENT shall commence on the INITIATION DATE as to all RESIDENCE LOTS in THE PROJECT, including those owned by the DECLARANT. REGULAR MONTHLY ASSESSMENTS and SPECIAL ASSESSMENTS for each RESIDENCE LOT in any SUBSEQUENT PHASE annexed to THE PROJECT pursuant to Article XVII shall commence as to each such RESIDENCE LOT in a PHASE on the first day of the first calendar month immediately following the first conveyance of a RESIDENCE LOT in such SUBSEQUENT PHASE under authority of the final subdivision public report for such SUBSEQUENT PHASE. For each FISCAL YEAR commencing January 1 of the year following the INITIATION DATE, the BOARD may increase the amount of the REGULAR MONTHLY ASSESSMENT for such year against each RESIDENCE LOT in THE PROJECT as provided by Section 4 . 03 of this Article IV in the manner and upon the notice prescribed therein. REGULAR MONTHLY and SPECIAL ASSESSMENTS shall be due and payable in advance on the first day of each month regardless of the lack of any monthly notice thereof. 4 . 13 ALLOCATION OF ASSESSMENT FUNDS . 4 . 13 . 1 REGULAR MONTHLY AND SPECIAL ASSESSMENTS . All REGULAR MONTHLY ASSESSMENTS and SPECIAL ASSESSMENTS shall be segregated by the BOARD as to the purpose for which they were assessed. Following such segregation, such funds shall be transferred and held in trust by the BOARD in an operating trust fund and a capital reserve trust fund. That portion of such assessments for operating purposes shall be deposited with banks or savings and loan associations selected by the BOARD in an account or accounts designated "CANYON CREEK FRESNO HOMEOWNERS ASSOCIATION OPERATION AND MAINTENANCE TRUST FUND ACCOUNT" and the funds held therein shall be used by the BOARD to discharge the expenses for the annual operation, repair and maintenance of the COMMON AREA of THE PROJECT, and to the extent permitted by the DECLARATION, the RESIDENCE LOTS and RESIDENCES within THE PROJECT. That portion of all assessments collected for capital reserve shall be designated "CANYON CREEK FRESNO HOMEOWNERS ASSOCIATION CAPITAL RESERVE TRUST FUND ACCOUNT" and the funds held therein shall be used by the BOARD solely for the purpose of defraying the cost of the future repair or replacement of or additions to, those major components of the COMMON AREA. and facilities which the ASSOCIATION is obligated to maintain. The BOARD shall not expend funds designated as reserve funds for any purpose other than the repair, restoration, replacement, or maintenance of, or litigation involving the repair, restoration, replacement, or maintenance of, major components of the COMMON AREA and facilities which the ASSOCIATION is obligated to repair, restore, replace, or maintain and for which the reserve M:\C:lienCs\2286\000\doc\final.\ccrs.1.0241 /.wpd 18 fund was established. However, the BOARD may authorize the temporary transfer of money from a reserve fund to the ASSOCIATION' S general operating fund to meet short-term cash-flow requirements or other_ expenses, provided the BOARD has made a written finding in its minutes as required by California Civil Code Section 5515 . The transferred funds shall be restored to the reserve fund within one (1) year of the date of the initial transfer, except that the BOARD may, upon making a finding supported- by documentation that a temporary delay would be in the best interests of THE PROJECT, temporarily delay the restoration until the time which the BOARD reasonably determines to be necessary. The BOARD shall exercise prudent fiscal management in delaying restoration of such funds and in restoring the expended funds to the reserve account, and shall, if necessary, levy a SPECIAL ASSESSMENT to recover the full amount of the expended funds within the time limits required herein. When the decision is made to use reserve funds or to temporarily transfer money from the reserve fund to pay for litigation, the ASSOCIATION shall notify the MEMBERS of that decision in the next available mailing to all MEMBERS pursuant to Section 5016 of the California Corporations Code, and of the availability of an accounting of those expenses . The ASSOCIATION shall make an accounting of expenses. related to the litigation on at least a quarterly basis . The accounting shall be made available for inspection by MEMBERS of the ASSOCIATION at the ASSOCIATION ' S office. Unless the ASSOCIATION is exempt from federal or state income taxes, including without limitation an exemption under Internal Revenue Code Section 528 and California Revenue and Taxation Code Section 23701t, all reserve funds to the extent possible, shall be designated and accounted for as capital contributions to the ASSOCIATION, and the BOARD shall take such steps as may be reasonably necessary under federal and state tax laws to prevent the reserve funds from being taxed as income of the ASSOCIATION. 4 . 13 .2 SIGNATURE ON ACCOUNTS. The reserve account or accounts of the ASSOCIATION shall require the signature of at least two Directors of the ASSOCIATION or the signature of one Director and one Officer, who is not a Director, for the withdrawal of funds therefrom. The operating accounts of the ASSOCIATION shall require the signature of the Chief Financial Officer and one other officer designated by the BOARD, unless operating responsibilities are contracted by the ASSOCIATION to a managing agent, in which case the prospective managing agent shall make written disclosure to the BOARD pursuant to California Civil Code Section 5375 . Moreover, a v:\ClienLs\2286\000\doc\final\ccrs.102417.wpd 19 managing agent that accepts or receives ASSOCIATION funds shall comply with the requirements of California Civil Code Sections 4158, 5380 and 5385 . 4 . 13 . 3 SPECIAL ASSESSMENTS . All SPECIAL ASSESSMENTS shall be segregated by the BOARD and held in a special account and shall be used by the BOARD for the purpose or purposes for which the SPECIAL ASSESSMENT was levied pursuant to Section 4 . 04 hereof. 4 . 14 EFFECT OF NONPAYMENT OF ASSESSMENTS. Every OWNER, including DECLARANT, shall be deemed to covenant and agree to pay the assessments provided for in this DECLARATION, and further agree to the enforcement of such assessments in the manner provided for in Section 4 . 15 . 4 . 15 DELINQUENCY. 4 . 15 . 1 Any assessment provided for in this DECLARATION that is not paid shall become delinquent fifteen (15) days after it becomes due . If an assessment is delinquent, the ASSOCIATION may recover all of the following: (a) Reasonable costs incurred in collecting the delinquent assessment, including reasonable attorney' s fees; (b) A late charge not exceeding ten percent (100) of the delinquent assessment or ten dollars ($10 . 00) , whichever is greater; and, (c) Interest on all sums imposed by this Section 4 . 15 . 1, including the delinquent assessment, reasonable costs of collection (including attorney' s fees). and late charge, at an annual percentage rate of twelve percent (12.0) interest, commending thirty (30) days after the delinquent assessment became due . 4 . 15 . 2 The failure to pay ASSOCIATION assessments may result in the loss of an OWNER' S RESIDENCE LOT through foreclosure . Foreclosure may occur either as a result of a. court action, known as judicial foreclosure or without court action, often referred to as nonjudicial foreclosure. The ASSOCIATION may not use judicial or nonjudicial foreclosure to enforce the lien recorded against a RESIDENCE LOT if the amount of the delinquent assessments or dues, exclusive of any accelerated assessments, late charges, fees, attorney' s fees, interest, and costs of collection, is less than one thousand eight hundred dollars ($1, 800) . If the delinquent assessment is in excess of one thousand eight hundred dollars ($1, 800) or more than twelve (12) months delinquent, the M:\Cli.enl� \2286\000\doc\fi.nal.\ccr.s.1.0241.'/.w_pd 20 ASSOCIATION may use judicial or nonjudicial foreclosure subject to the conditions set forth in Section 5270 of the California Civil Code. When using judicial or nonjudicial foreclosure, the ASSOCIATION records a lien on the OWNER' S RESIDENCE LOT. The OWNER' S RESIDENCE may be sold to satisfy the lien if the amounts secured by the lien are not paid. 4 . 15 . 3 In a judicial or non judicial foreclosure, the ASSOCIATION may recover assessments, reasonable costs of collection, reasonable attorney' s fees, late charges, and interest. The ASSOCIATION may not use nonjudicial foreclosure to collect fines or penalties, except for costs to repair COMMON AREA damaged by a MEMBER or a MEMBER' S invitees or guests . 4 . 15 . 4 The ASSOCIATION must comply with the requirements of Sections 4040, 5650, 5660, 5655, 5665, 5670, 5673, 5675, 5685, 5700, 5705, 5710, 5725, 5735, and 5740 of the California Civil Code when collecting delinquent assessments . If the ASSOCIATION fails to follow these requirements, the ASSOCIATION may not record a lien on the OWNER' S RESIDENCE LOT until it has satisfied those requirements . Any additional costs that result from satisfying the requirements are the responsibility of the ASSOCIATION. 4 . 15 . 5 At least thirty (30) days prior to recording a lien on an OWNER' S RESIDENCE LOT, the ASSOCIATION shall notify the OWNER in writing by certified mail of the following: (a) A general description of the ASSOCIATION' S collection and lien enforcement procedures and the method of calculation of the amount, a statement that the OWNER has the right to inspect the ASSOCIATION records, pursuant to Section 8333 of the Corporations Code, and the following statement in 14-point boldface type, if printed, or in capital letters, if typed: "IMPORTANT NOTICE: IF YOUR SEPARATE INTEREST IS PLACED IN FORECLOSURE BECAUSE YOU ARE BEHIND IN YOUR ASSESSMENTS, IT MAY BE SOLD WITHOUT COURT ACTION. " (b) An itemized statement of the assessments and additional charges owed by the OWNER, including items on the statement which indicate the amount of any delinquent assessments, the fees and reasonable costs of collection, reasonable attorney' s fees, any late charges, and interest, if any. M:\C:lients\2286\000\doc\final_\ccrs.1.0241. /.wpd 21 (c) A statement that the OWNER shall not be liable to pay the charges interest, and costs of collection, if it is determined the assessment was paid on time to the ASSOCIATION. (d) The right to request a meeting with the BOARD by submitting a written request to meet with the BOARD to discuss a payment plan for payment of the assessments and additional charges . (e) The right of the OWNER to dispute the assessment and additional charges by submitting a written request for dispute resolution to the ASSOCIATION pursuant to the ASSOCIATION' S "meet and confer" program. (f) The right of the OWNER to request alternative dispute resolution with a neutral third party before the ASSOCIATION may initiate foreclosure against the OWNER' S LOT, except that binding arbitration shall not be available if the ASSOCIATION intends to initiate a judicial foreclosure . 4 . 15 . 6 If a lien is recorded against an OWNER' S RESIDENCE LOT in error, the person who recorded the lien is required to record a lien release within twenty-one (21) days, and provide the OWNER with a DECLARATION that the lien filing or recording was in error and a copy of the lien release or notice of recision. 4 . 15 . 7 The collection practices of the ASSOCIATION may be governed by the state and federal laws regarding fair debt collection. 4 . 15. 8 When an OWNER makes a payment, he or she may request a receipt, and the ASSOCIATION shall provide it . On the receipt, the ASSOCIATION shall indicate the date of payment and the person who received it. The ASSOCIATION shall inform OWNERS of a mailing address for overnight payments . 4 . 15 . 9 Any OWNER may dispute an assessment debt by submitting a written request for dispute resolution to the ASSOCIATION as set forth in Section 5900 et seq. of the California Civil Code. In addition, the ASSOCIATION may not initiate a foreclosure without participating in alternative dispute resolution with a neutral third party as set forth in Section 5925 et seq. of the California Civil Code, if so requested by the OWNER. Binding arbitration shall not be available if the ASSOCIATION intends to initiate a judicial foreclosure. M:\Clients\2286\000\doc\final\ccrs.102417.wpd 22 Z`� 4 . 15 . 10 An OWNER shall not be liable for charges, interest, and costs of collection, if it is established that the assessment was paid properly on time . 4 . 15 . 11 An OWNER shall have the right to request the ASSOCIATION to consider a payment plan to satisfy a delinquent assessment. The ASSOCIATION shall inform OWNERS of the standards for payment plans, if any exist . 4 . 15 . 12 The BOARD shall meet with an OWNER who makes a proper written request for a meeting to discuss a payment plan when the OWNER has received a notice of a delinquent assessment. These payment plans shall conform with the payment plan standards of the ASSOCIATION, if any exist. 4 . 15 . 13 A MEMBER of the ASSOCIATION may provide written notice by facsimile transmission or United States mail to the ASSOCIATION of a secondary address . If a secondary address is provided, the ASSOCIATION shall send any and all correspondence and legal notices required pursuant to this Section 4 . 15 . 13 to both the primary and the secondary address . 4 . 15 . 14 The ASSOCIATION shall distribute the written notice described in Sections 4040 (b) and 5730 of the California Civil Code entitled "Notice of Assessment and Foreclosure" to each MEMBER of the ASSOCIATION during the 60-day period immediately preceding the beginning of the ASSOCIATION' s FISCAL YEAR. The Notice shall be printed in at least 12-point type. 4 . 15 . 15 If the ASSOCIATION seeks to collect delinquent regular or special assessments of an amount less than one thousand eight hundred dollars ($1, 800) , not including any accelerated assessments, late charges, fees and costs of collection, attorney' s fees, or interest, it shall not be permitted to collect that debt through judicial or nonjudicial foreclosure, but may attempt to collect or secure that debt in any of the following ways : (a) By a civil action in small claims court, pursuant to Chapter 5 . 5 (commencing with Section 116. 110) of Title 1 of the California Code of Civil Procedure. If the ASSOCIATION chooses to proceed by an action in small claims court, and prevails, the ASSOCIATION may enforce the judgment as permitted under Section 116 . 810 et seq. of the California Code of Civil Procedure . The amount that may be recovered in small claims court to collect upon a debt for delinquent assessments may not exceed the jurisdictional limits of the small claims court and shall be the sum of the following: M:\C].i.ents\2.286\000\doc\final\ccrs.1.0241'7.wpd 23 2-5 (i) The amount owned as of the date of filing the complaint -in the small claims court proceeding. (ii) In the discretion of the court, an additional amount to that described in subparagraph (i) above equal to the amount owed for the period from the date the complaint is filed until satisfaction of the judgment, which total amount may include accruing unpaid assessments and any reasonable late charges, fees and costs of collection, attorney' s fees, and interest, up to the jurisdictional limits of the small claims court. (b) By recording a lien on the OWNER' S separate interest upon which the ASSOCIATION may not foreclose until the amount of the delinquent assessments secured by the lien, exclusive of any accelerated assessments, late charges, fees and costs of collection, attorney' s fees, or interest, equals or exceeds one thousand eight hundred dollars ($1, 800) or the assessments are more than twelve (12) months delinquent . If the ASSOCIATION chooses to record a lien under these provisions, prior to recording the lien, the ASSOCIATION shall offer the OWNER and, if so requested by the OWNER, participate in dispute resolution as set forth in California Civil Code Section 5900 et seq. (c) Any other manner provided by law; except for judicial or nonjudicial foreclosure. 4 . 15 . 16 If the ASSOCIATION seeks to collect delinquent regular or special assessments of an amount of one thousand eight hundred dollars ($1, 800) or more, not including any accelerated assessments, late charges, fees and costs of collection, attorney' s fees, or interest, or any assessments that are more than twelve (12) months delinquent, then the ASSOCIATION may use judicial or nonjudicial foreclosure subject to the following conditions : (a) Prior to initiating a foreclosure on an OWNER' S RESIDENCE LOT, the ASSOCIATION shall offer the OWNER and, if so requested by the OWNER, participate in dispute resolution pursuant to the ASSOCIATION' s "meet and confer" program required in California Civil Code Section 5900 et seq. or alternative dispute resolution as set forth in California Civil Code Section 5925 et seq. The decision to pursue dispute resolution or a particular type of alternative dispute resolution shall be the choice of the OWNER, except that binding arbitration shall not be available if the ASSOCIATION intends to initiate a judicial foreclosure. M:\C.I.ients\2286\000\doc\fir:a)\ccrs.1.02417,wpd 24 (b) The decision to initiate foreclosure of a lien for delinquent assessments that has been validly recorded shall be made only by the BOARD of the ASSOCIATION and may not be delegated to an agent of the ASSOCIATION. The BOARD shall approve the decision by a majority vote of the BOARD MEMBERS in an executive session. The BOARD shall record the vote in the minutes of the next meeting of the BOARD open to all MEMBERS. The BOARD shall maintain the confidentiality of the OWNER or OWNERS of the separate interest by identifying the matter in the minutes by the parcel number of THE PROPERTY, rather than the name of the OWNER or OWNERS. A vote by the BOARD to approve foreclosure of a lien shall take place at least thirty (30) days prior to any public sale. (c) The BOARD shall provide notice by personal service to an OWNER of the RESIDENCE LOT who occupies the RESIDENCE LOT or to the OWNER' S legal representative, if the BOARD votes to foreclosure upon the separate interest. The BOARD shall provide written notice to an OWNER of a RESIDENCE LOT who does not occupy the RESIDENCE LOT by first-class mail, postage prepaid, at the most current address shown on the books of the ASSOCIATION. In the absence of written notification by the OWNER to the ASSOCIATION, the address of the OWNER' S separate interest may be treated as the OWNER' S mailing address . (d) A nonjudicial foreclosure by the ASSOCIATION to collect upon a debt for delinquent assessments shall be subject to a right of redemption. The redemption period within which the separate interest may be redeemed from a foreclosure sale under this subsection (d) ends ninety (90) days after the sale . 4 . 16 PRIORITY OF LIEN. The lien created pursuant to Article IV of this DECLARATION upon the recordation of a notice of delinquent assessments shall be prior and superior to all liens except: 4 . 16. 1 All taxes, bonds, assessments and other similar levies which by law would be superior thereto, and 4 . 16.2 The rights of lenders as prescribed by Article XV of this DECLARATION. 4 . 17 FAILURE TO PAY ASSESSMENTS . Failure to pay assessments does not constitute a default under an insured FIRST MORTGAGE . M:\Clients\2286\000\doc\I-.ina.l.\ccrs.102417.wpd 25 4 . 18 NO CHARGE FOR TRANSFER OF TITLE . The ASSOCIATION shall not impose or collect any assessment, penalty, or fee in connection with a transfer of title to a LOT in THE PROPERTY or any other interest in a LOT in THE PROPERTY except the ASSOCIATION' S actual cost to change its records to reflect such transfer. END OF ARTICLE IV M:\Clients\2286\000\doc\final\ccrs.1.02417.wpd 26 ARTICLE V OWNERSHIP OF RESIDENCE LOTS AND COMMON AREA The ownership of the RESIDENCE LOTS and the COMMON AREA of THE PROJECT shall be as follows : 5 . 01 OWNERSHIP OF LOTS AND COMMON AREA. Each LOT in THE PROJECT is to be owned by the OWNER in fee simple. The COMMON AREA of THE PROJECT is to be owned by the ASSOCIATION for the benefit of all OWNERS . Prior to the conveyance of a LOT in any PHASE of THE PROJECT, the DECLARANT shall convey the COMMON AREA of the PHASE of THE PROJECT to the ASSOCIATION by grant deed, free and clear of all liens and encumbrances, except conditions, easements and restrictions of record, including those set forth in this DECLARATION. 5 . 02 ENCUMBRANCE OF COMMON AREA. The COMMON AREA cannot be MORTGAGED or conveyed by the ASSOCIATION without the prior written consent of at least sixty-six and two-thirds percent ('66 2/30) of the OWNERS (excluding the votes of the DECLARANT) . No such conveyance or encumbrance shall be prior to the easements granted or reserved by Article XIII of this DECLARATION. END OF ARTICLE V M:\Clients\2286\000\doc\L'ina).\ccrs.102417.wpd 27 �v\ ARTICLE VI OCCUPANCY AND USE OF RESIDENCE LOTS AND COMMON AREA In addition to all other covenants contained herein, the occupancy and use of THE PROJECT and each RESIDENCE and RESIDENCE LOT therein and the . COMMON AREA is subject to the following: 6. 01 RESIDENCE . There shall be no more than one (1) RESIDENCE constructed upon each RESIDENCE LOT. 6. 02 USE AND OCCUPANCY OF RESIDENCE. No RESIDENCE in THE PROJECT shall be used for other than residential purposes . 6 . 03 BUSINESS USAGE PROHIBITED. There shall be no gainful occupation, profession, or trade maintained upon or in any RESIDENCE or the COMMON AREA without the express permission of the ASSOCIATION and the CITY, if a special use permit is required for such use; provided, however, that this provision shall in no way limit or restrict DECLARANT in its activities prior to and during the sale of RESIDENCES within THE PROJECT or pursuant to rental listing agreements entered into between OWNERS and DECLARANT for therental of RESIDENCES in THE PROJECT; and provided further, , P however, that this provision shall not prohibit the maintenance of use of "home offices" within a RESIDENCE, where the maintenance and use of such "home office" does not impose any greater burden on the COMMON AREA than does the use of a RESIDENCE for exclusively residential purposes, and where the maintenance and use of such "home office" does not detract from the residential character of THE PROJECT. 6. 04 NOXIOUS OR OFFENSIVE ACTIVITIES. No noxious or offensive activity or nuisance shall be carried on or maintained within THE PROJECT, nor shall anything be done or placed upon any property within THE PROJECT which shall cause unreasonable embarrassment, disturbance or annoyance to other OWNERS . 6. 05 SIGNS . No commercial signs, posters, displays, flags or banners shall be permitted to be placed/posted or displayed on in a RESIDENCE LOT at any time: Except as required for the public health or safety or if the posting or display would violate a local, state or federal law, no noncommercial signs, posters, flags or banners may be posted or displayed on or in a RESIDENCE LOT. For purposes of this Section 6. 05, a noncommercial sign, poster, flag, or banner may be made of paper, cardboard, cloth, plastic, or fabric, and may be posted or displayed from the M:\Cl.ients\2286\000\doc\fi.nal.\cc-s.1.02417.wpd 28 yard, window, door, balcony, or outside wall of the RESIDENCE LOT, but may not be made of lights, roofing, siding, paving materials, flora, or balloons, or any other similar building, landscaping, or decorative component, or include the painting of architectural surfaces . Notwithstanding the immediately preceding sentence, noncommercial signs or posters shall not be more than nine (9) square feet in size, and noncommercial flags or banners that are more than fifteen (15) square feet in .size. This provision is not applicable to signs used by the DECLARANT, or its agents, in connection with the original construction and sale of RESIDENCE LOTS in THE PROJECT. 6. 05 . 1 DECLARANT may place signs for the use by DECLARANT and its agents in connection with the original construction and sale of RESIDENCE LOTS in THE PROJECT, and 6. 05 . 2 An OWNER may place one sign on his LOT of customary size and shape in the community, not to exceed 3 . 75 square feet of surface area, advertising a RESIDENCE or a RESIDENCE LOT for sale, lease or exchange, the name of the OWNER or his agent, and the OWNER' S or agent ' s address and telephone number. 6. 05 . 3 Except as permitted DECLARANT in Section 6 . 05 . 1 herein above, OWNERS may not place any signs in the COMMON AREA; except that the BOARD may establish one common sign facility in the COMMON AREA at the entrance to THE PROJECT for use by individual OWNERS. 6 . 06 PETS . Subject to the ASSOCIATION RULES, as may be adopted from time to time, only domesticated pets, as defined in California Civil Code Section 4715, shall be kept in any RESIDENCE or on any RESIDENCE LOT, provided, however, that the same shall not be kept, bred, raised or maintained for commercial purposes . No reptiles, insects, livestock, or poultry of any kind shall be kept, bred, maintained or raised in any RESIDENCE or upon any RESIDENCE LOT. No animals shall be permitted outside of any RESIDENCE LOT, except on a leash and under the control of a responsible person. No unleashed dogs are permitted within the COMMON AREA. OWNERS must prevent their dog (s) and/or cat (s) from continuously barking, meowing, and/or making other loud noises, and/or defecating in the COMMON AREA or on LOTS not owned by the OWNER of the pet . Likewise, OWNERS must prevent any other pet, as defined in Section 4715 of the California Civil Code, from continuously making loud noises . OWNERS shall not allow feces to accumulate on their own LOTS in such a manner as to become obnoxious to neighboring OWNERS, or as to constitute a health hazard. Animals which are either (a) in violation of this Subsection, or (b) found by the BOARD to be M:\Clients\22.86\000\doc\final\ccr.s.1.0241.7.wpd 29 vicious by nature or temperament shall be removed from THE PROJECT by their OWNER, and if not removed by their OWNER, may be removed by the BOARD and delivered to a pound, animal shelter, or animal control officer, without liability to the BOARD or to the ASSOCIATION. Each OWNER, or other person, bringing or keeping a dog or dogs and/or cat (s) in a RESIDENCE or on a RESIDENCE LOT shall be solely responsible for the conduct of such pet (s) . Neither the ASSOCIATION, the BOARD, or their officers, employees, or agents shall have any liability (whether by virtue of this DECLARATION or otherwise) to any OWNER, their family members, guests, invitees, tenants or contract purchasers, for any damage or injury to persons or property caused by any such pet (s) . 6 . 07 STORAGE . There shall be no storage of any item in or upon the RESIDENCE LOT except in an enclosed area not visible from adjoining streets, the COMMON AREA or other RESIDENCE LOTS . Storage or other uses within a garage upon a RESIDENCE LOT shall not interfere or conflict with the use of such garage for the parking of vehicles . Storage in the COMMON AREA shall be limited to the storage by the BOARD or the manager, if any, of equipment or materials for use solely in connection with the COMMON AREA. 6. 08 GARAGE. Each garage shall be used and maintained only for the purpose of storing motor vehicles, boats and trailers; the interior perimeter of each garage may be used for the storage of other items and for uses normally associated with a garage . Storage or other uses within a garage shall not, however, interfere or conflict with the use of such garage for the parking of vehicles . No garage shall be converted to a residential living space or any other use except as set forth in this DECLARATION. Garage doors shall not be opened except for the movement of vehicles and goods . 6. 09 STRUCTURAL CHANGES . No RESIDENCE, STRUCTURE, or other improvement may be constructed or installed on any RESIDENCE LOT without the prior written consent of the ARCHITECTURAL COMMITTEE. No OWNER shall make or cause to be made structural alterations or modifications to the exterior of his RESIDENCE or any improvements upon his RESIDENCE LOT without the prior written consent of the ARCHITECTURAL COMMITTEE. No work required to be performed on a RESIDENCE or on the RESIDENCE LOT by the OWNER thereof pursuant to this DECLARATION, M:\Clients\2286\000\doc\f:i_nal\ccrs.10241.7.wpd 30 3Y including routine maintenance and repairs, which may result in changes to the exterior appearance of any RESIDENCE or RESIDENCE LOT shall be undertaken without the prior written consent of the ARCHITECTURAL COMMITTEE. For purposes of this Section 6. 09, window hangings, awnings, sunshades, screen doors, solar panels, basketball hoops and backboards, satellite t.v. dishes (subject to Section 6. 13 below) , fences and similar additions to a RESIDENCE or a RESIDENCE LOT shall be deemed to alter the exterior appearance thereof. The restrictions set forth in this Section 6 . 09 shall not apply to the initial construction of buildings and improvements by DECLARANT. All RESIDENCES constructed in THE PROJECT shall conform to the architectural style established by DECLARANT with the initial construction of RESIDENCES in THE PROJECT 6 . 10 LAUNDRY. No laundry or wash shall be dried or hung upon any RESIDENCE LOT so as to be visible from view of a neighboring LOT; public streets or the COMMON AREA. 6. 11 PARKING. Automobiles and other vehicles (including boats, trailers, and the like) belonging to the OWNER, members of his family, his guests, tenants, invitees or servants, shall ordinarily be parked inside the garage of the RESIDENCE LOT or in the fenced side yard adjacent to the garage. Vehicles ordinarily shall not be parked outside the garage or side yard unless all spaces in the garage are occupied by such vehicles . Vehicles used for regular personal transportation, including automobiles, motorcycles and/or light duty pick-up trucks may be parked outside the garage or fenced side yard area either in the driveway of the RESIDENCE LOT, up to forty-eight (48) hours for temporary or guest purposes without obtaining permission from the BOARD; however, no such vehicle may be left outside without being moved for more than forty-eight (48) hours without permission from the BOARD. Vehicles used for regular personal transportation, including automobiles, motorcycles and/or light duty pick-up trucks may be parked outside the garage or fenced side yard area either in the driveway of the RESIDENCE LOT, up to forty-eight (48) hours for temporary or guest purposes without obtaining permission from the BOARD; however, no such vehicle may be left outside without being moved for more than forty-eight (48) hours without permission from the BOARD. M:\CJ.ients\2286\000\doc\f.inaJ.\ccrs.1 02417.v:od 31 No vehicles shall be parked on the street where the curb is painted red or designated by signage as a "no parking" area by the CITY. Parking of vehicles of any kind shall be prohibited in driveways less than eighteen (18) feet in length, when measured from the exterior of the garage door to the back of the sidewalk, to prohibit parking over the sidewalk. Any violation of the provisions of this paragraph shall constitute a violation of the DECLARATION subject to enforcement by the ASSOCIATION. 6. 12 NON-STANDARD VEHICLES. Except to the extent desired by the DECLARANT to be used during the development and sale of RESIDENCE LOTS within THE PROJECT, where reasonably required for the delivery or moving of household furnishings, or whererequired temporarily in connection with the construction of RESIDENCES in THE PROJECT, no motor home, travel trailer, truck, camper, house trailer, boat, boat trailer, or similar item of equipment, shall be kept, parked, stored, or maintained within THE PROJECT, except within the confines of a garage upon a RESIDENCE LOT or within the fenced side yard area adjacent to the garage, screened from ground- level-view of neighboring LOTS; however, subject -to the advice of the ARCHITECTURAL COMMITTEE, the BOARD may permit storage of such items within the fenced side yard area that are not completely screened from such ground-level-view, if the BOARD finds that such partial visibility is not harmful to the aesthetic qualities of THE PROJECT. No such vehicle so placed shall be used for living purposes . No stripped down, wrecked or junked motor vehicle shall be kept, parked, stored or maintained within THE PROJECT, except within the confines of a garage upon a RESIDENCE LOT. Further, the ASSOCIATION shall be responsible for preventing accumulation of abandoned vehicles within the PROJECT, including but not limited to the COMMON AREA and the front yard of each RESIDENCE LOT. 6. 13 ANTENNAE AND MECHANICAL DEVICES. No television antenna or antennae, poles, wires, machines, equipment, air conditioning units or similar objects shall be allowed on the exterior or roofs of any RESIDENCE, or any part thereof, except such as are installed as part of the initial construction of THE PROJECT by the DECLARANT, or replacements to the initial construction, or such as are approved in writing by the ARCHITECTURAL COMMITTEE. No video or television antenna or satellite dish having a diameter or diagonal measurement greater than 36 inches is allowed; and any such antenna or dish measuring 36 inches or less may be installed only upon demonstration to the Architectural Committee that the antenna or dish, as installed, is M:\Cl.i.ents\2286\000\doc\final\ccrs.102417.wpd 32 2� screened from the ground level view of neighboring LOTS and streets . 6 . 14 EQUIPMENT. No power equipment, hobby shop, or carpenter shop shall be maintained on THE PROJECT, except within the confines of a garage or upon the prior approval of the BOARD. No automobile overhaul or maintenance work other than emergency work, shall be permitted in THE PROJECT, except within the confines of a garage. 6. 15 EXTERIOR LIGHTING. No exterior lighting other than that which is a part of the original construction or reconstruction of THE PROJECT by the DECLARANT shall be installed or maintained on .any RESIDENCE LOT by the OWNER without the prior written consent of the ARCHITECTURAL COMMITTEE. The ARCHITECTURAL COMMITTEE shall not approve exterior lighting that is unreasonably intrusive, invasive or annoying to neighboring OWNERS. For purposes of this section, ordinary light fixtures attached to the RESIDENCE utilizing non- directional white or yellow incandescent bulbs of 100 watts or less are presumed to be reasonable, subject to the discretion of the ARCHITECTURAL COMMITTEE. 6. 16 DAMAGE TO COMMON AREA. Each OWNER shall be liable to the ASSOCIATION for any damage to the COMMON AREA or any improvements, landscaping or equipment thereon or any landscaping or gardening upon the RESIDENCE LOT which is the obligation of the ASSOCIATION to maintain pursuant to this DECLARATION, which may be sustained by reason of the negligence or willful misconduct of the OWNER, his family, guests, tenants, servants or invitees . The BOARD shall levy an INDIVIDUAL ASSESSMENT against said OWNER pursuant to Article IV of this DECLARATION for the costs of the repair or replacement thereof, together with costs and attorneys fees . 6. 17 EXPLORATION FOR MINERALS. No oil drilling, oil development operations, oil refining, quarrying, or mining operations of any kind shall be permitted upon or in THE PROJECT or any portion thereof, nor shall oil wells, tanks, tunnels, or mineral excavations or shafts be permitted upon the surface of any portion of THE PROJECT. 6 . 18 TEMPORARY BUILDINGS . No out building, basement, tent, shack, or shed or other temporary building or improvement of any kind shall be placed upon any portion of THE PROJECT either temporarily or permanently, except such sheds or construction shacks as may be maintained by the DECLARANT upon the COMMON AREA in connection with its development of THE PROJECT. M:\Clients\2286\000\doc\final\ccrs.1.0241.7.wpd 33 6. 19 COMMON AREA. The COMMON AREA of THE PROJECT, subject to this DECLARATION and the ASSOCIATION RULES, shall be improved, maintained and used for the following purposes : 6. 19. 1 The use of the COMMON AREA shall be available for, and limited to OWNERS or lessees of a RESIDENCE and their accompanying guests . 6. 19.2 Affording and controlling vehicular parking and vehicular and pedestrian movement within THE PROJECT, including access to the RESIDENCES. 6 . 19. 3 Affording recreational activity within THE PROJECT subject to and in accordance with ASSOCIATION RULES. 6 . 19. 4 Affording such landscaping and other beautifi- cation to THE PROJECT as the BOARD may deem necessary from time to time . 6 . 19. 5 Affording easements in order to facilitate the service of utilities to RESIDENCE LOTS and the COMMON AREA. 6 . 19. 6 Enhancing the security of OWNERS and residents by limiting access to THE PROJECT through a gated entry. 6. 20 TAXES. Each OWNER shall pay the real and personal property taxes separately assessed against his RESIDENCE, RESIDENCE LOT and such OWNER' S membership in the ASSOCIATION. The ASSOCIATION shall pay all taxes levied or assessed against the COMMON AREA, if not separately assessed to the OWNERS . 6 . 21 UTILITY CHARGES. Each OWNER shall pay any and all utility charges (including garbage removal) separately metered or charged against his RESIDENCE and RESIDENCE LOT, and such payment shall be made by each OWNER in addition to and separately from any assessments otherwise payable by such OWNER to the ASSOCIATION pursuant to the terms and provisions of this DECLARATION. If the ASSOCIATION is required to pay any utility charges separately metered to a RESIDENCE LOT which the OWNER thereof is required to pay pursuant to this Section 6 .21 or pursuant to Section 14 . 03 . 4 of this DECLARATION, the ASSOCIATION shall levy an INDIVIDUAL ASSESSMENT against such OWNER pursuant to the provisions of Section 4 . 07 hereof to cover the costs of such charges . 6 . 22 LEASE OF RESIDENCE. All leases or tenancies of a RESIDENCE must be in writing and must provide that the lease, or tenancy is subject in all respects to the provisions of the M:\Clients\22.86\000\doc\final\ccrs.1.0241'7.wpd 34 �Y1. DECLARATION, the BY-LAWS, and the ARTICLES, and that the failure of the Lessee or tenant to comply with any of the terms and provisions of said documents shall constitute a default under the lease or tenancy. No OWNER may lease less than his entire RESIDENCE, and all such leases or tenancies must be for a period of not less than thirty (30) days . Any lease or rental agreement must include the following language: "The undersigned, as lessee or tenant, acknowledges that he is familiar with all of the provisions governing the use and occupancy of the RESIDENCE as contained in the DECLARATION, the ARTICLES and the BY-LAWS, and agrees to abide by them. " 6. 23 GARBAGE, RUBBISH AND TRASH. Rubbish, trash and garbage shall not be allowed to accumulate on the RESIDENCE LOT or upon the COMMON AREA. 6. 23 . 1 All rubbish, trash, garbage and recyclables shall be kept in refuse toters and recycling bins (collectively "Toters and Bins") furnished by the CITY. All Toters and Bins shall be placed at the curb line within THE PROJECT. In general, the designated location for each LOT shall be at the curb line in front of that LOT. Except for a reasonable time prior to and after collection of such rubbish, trash, garbage and recyclable material all Toters and Bins used by the OWNER of each LOT in THE PROJECT shall not be visible from neighboring LOTS, the adjacent streets, or any part of the COMMON AREA. 6. 23 . 2 Each OWNER shall be responsible for bagging and placing all green waste material from their LOT in central collection points within THE PROJECT in accordance with a green waste covenant with the CITY. 6 . 24 DRAINAGE. Notwithstanding any other provisions of this DECLARATION, with respect to storm drainage, each LOT and the COMMON AREA of THE PROJECT shall be developed, occupied and maintained so as to provide adequate drainage as required by the CITY. No portion of any LOT or the COMMON AREA may be used in such a manner that impairs adequate drainage across the boundary lines of the individual LOT. 6. 25 CHANGE OF LOT TOPOGRAPHY. Except the DECLARANT in connection with the original subdivision and development of THE PROPERTY, no OWNER shall have the right to construct, reconstruct, refinish, alter, or do any act that would affect the finished grade, drainage of any LOT established in accordance with the GRADING PLAN, unless such OWNER first obtains .a permit from the M:\Clients\2.286\000\doc\Gina].\ccrs.102417.wpd 35 31� CITY and obtains the prior written approval of the ARCHITECTURAL COMMITTEE. This DECLARATION also provides notice to OWNER, and any subsequent OWNER, of any LOT in THE PROJECT that if existing drainage patterns or swales established on any LOT and/or around any RESIDENCE are interrupted or altered in any way, serious damage may result. OWNER, and any subsequent OWNER, of any LOT in THE PROJECT shall hold DECLARANT harmless from any liability in any claims, demands, damages, or costs arising out of or resulting from any OWNER, or subsequent OWNER, of any LOT in THE PROJECT, or their employees, agents, or representatives altering or changing the grade, drainage, or slope of any LOT established by the GRADING PLAN (including any changes resulting from the installation or alteration of landscaping which alters or interferes with the flow of water) or from removing, damaging, clogging or failing to properly maintain any area drains located on any LOT in THE PROJECT. 6 . 26 FRONT YARD LANDSCAPING. DECLARANT intends to install, as part of the purchase price, front yard landscaping only on each LOT in THE PROJECT, purchased directly from DECLARANT, the extent of which shall be determined by DECLARANT, from time-to- time, in its sole and absolute discretion. 6 . 27 USE OF FRONT YARD AREAS BY OWNERS . Unless there has been prior written approval by the ARCHITECTURAL COMMITTEE, no OWNER shall make or permit any alteration of the front yard area of his or her LOT and shall, specifically not create any excavation or fill, change the drainage, destroy or remove any tree, shrub or other vegetation, or plant any tree, shrub or other vegetation upon ow within any portion of any front yard area. 6 . 28 FRONT PORCH AND FRONT AREA DECORATIONS . The BOARD shall have the right to limit the number, size, material, type and color of all pots and other decorations displayed on the front porch, the front door, the front entry way and all areas in the front of the RESIDENCES within THE PROJECT. END OF ARTICLE VI M:\C1ienCs\2286\000\doc\finall.\ccr.s.1.024.1.7.wpd 36 3� ARTICLE VII COVENANT AGAINST PARTITION 7 . 01 PARTITION. Except as maybe authorized under Article XI of this DECLARATION, no OWNER shall bring any action for partition of the COMMON AREA, it being agreed that this restriction is necessary in order to preserve the rights of the OWNERS with respect to the operation and management of THE PROJECT. Nothing herein contained shall prevent the partition or division of interests between joint or common owners of one RESIDENCE LOT. END OF ARTICLE VII M:\Clients\2286\000\doc\final\ccrs.102417.wpd 37 1 ARTICLE VIII LABOR AND MATERIALMAN'S LIENS 8 . 01 OWNERS. Each OWNER covenants that no labor, material or services furnished at his request or that of his agent, contractor, subcontractor., materialman, employee or servant shall result in a lien upon another RESIDENCE or RESIDENCE LOT or upon the COMMON AREA, unless such other OWNER, or the ASSOCIATION expressly consent to such labor, material or services being furnished. 8 . 02 ASSOCIATION. The ASSOCIATION may employ and authorize labor, services and material for the benefit of THE PROJECT. All OWNERS are hereby deemed to have given the express consent of the ASSOCIATION to employ and contract for such labor, services and materials for the benefit of THE PROJECT and all RESIDENCES and STRUCTURES thereon, consistent with the rights and obligations of the ASSOCIATION described in this DECLARATION. END OF ARTICLE VIII M:\C].i.ents\2286\000\doc\final\ccrs_102417.wpd 38 l L� ARTICLE IX ARCHITECTURAL CONTROL 9. 01 APPOINTMENT OF ARCHITECTURAL COMMITTEE. The DECLARANT shall initially appoint an ARCHITECTURAL COMMITTEE consisting of the following three members : NAME ADDRESS John A. Bonadelle 7030 North Fruit Avenue, Suite 101 Fresno, CA 93711 Dean H. Pryor 7030 North Fruit Avenue, Suite 101 Fresno, CA 93711 John Bonadelle 7030 North Fruit Avenue, Suite 101 Fresno, CA 93711 The initial ARCHITECTURAL COMMITTEE consisting of three (3) MEMBERS shall remain in office until the expiration of one (1) year from the issuance of the final subdivision public report for PHASE 1 of THE PROJECT. Upon the expiration of one (1) year from the issuance of such final subdivision public report for PHASE 1 of THE PROJECT, DECLARANT shall appoint two (2) members of the ARCHITECTURAL COMMITTEE and the BOARD shall appoint one (1) member of the ARCHITECTURAL COMMITTEE and such members shall remain in office until : (a) Five (5) years from the date of the original issuance of the final subdivision public report for PHASE 1; or (b) The recordation of deeds evidencing the conveyance by DECLARANT of ninety percent (900) of the LOTS in THE PROJECT, whichever shall first occur. From and after such time or event, as the case may be, the ARCHITECTURAL COMMITTEE shall be appointed by the BOARD and shall consist of not more than five (5) , nor less than three (3) members, as determined by the BOARD, with each member to serve for a period of three (3) years . The name and address of each member of the ARCHITECTURAL COMMITTEE shall be sent to each MEMBER of the ASSOCIATION. The ARCHITECTURAL COMMITTEE may designate a representative of the ARCHITECTURAL COMMITTEE to act on its behalf. y:\Cl ienl:s\2286\000\doc\fi.na.l.\ccrs.1.0241.7.wpd 39 9. 02 MEMBERSHIP OF ARCHITECTURAL COMMITTEE. Members of the ARCHITECTURAL COMMITTEE appointed by the DECLARANT need not be MEMBERS of the ASSOCIATION. Members, of the ARCHITECTURAL COMMITTEE appointed by the Board of Directors shall be MEMBERS of the ASSOCIATION. Members of the ARCHITECTURAL COMMITTEE appointed by the DECLARANT may be removed without cause by DECLARANT. Members of the ARCHITECTURAL COMMITTEE appointed by the BOARD may be removed without cause by the BOARD. In the event of the death, resignation or removal of any member of the committee prior to the expiration of his term, the DECLARANT or BOARD who appointed such deceased, removed or resigning member shall have the power to appoint his successor. 9. 03 MEETINGS OF COMMITTEE. The ARCHITECTURAL COMMITTEE shall meet from time to time as may be necessary to perform its duties hereunder. Any action taken by the ARCHITECTURAL COMMITTEE shall require the written approval of a majority of its members . 9 . 04 RULES, REGULATIONS AND REQUIREMENTS . 9. 04 . 1 The ARCHITECTURAL COMMITTEE shall have the power by a majority of its members to adopt such reasonable rules and regulations governing the organization and administration of its duties . 9. 04 . 2 The ARCHITECTURAL COMMITTEE shall annually provide its members with notice of any requirements for ARCHITECTURAL COMMITTEE approval of physical changes to PROPERTY. The notice shall describe the types of changes that require ARCHITECTURAL COMMITTEE approval and shall include a copy of the procedure used to review and approve or disapprove a proposed change . 9. 05 AUTHORITY. No construction, alteration, addition, modification or reconstruction of an improvement in THE PROJECT shall be commenced or maintained, until the plans and specifications therefor showing the nature, kind, shape, height, width, color, materials and location thereof shall have been submitted to the ARCHITECTURAL COMMITTEE and approved in writing by the ARCHITECTURAL COMMITTEE. The ARCHITECTURAL COMMITTEE shall approve plans and specifications submitted for its approval only if it deems that the construction, alterations, addition or modifications contemplated thereby in the locations indicated will be in architectural harmony with THE PROJECT. The ARCHITECTURAL COMMITTEE will not approve any bizarre, weird, jarring or discordant designs, including "flat" or "box" designs, or designs M:\Clients\2286\000\doc\final\ccr.s.7.0241"1.wpd 40 that are out of scale for THE PROJECT. In exercise of its authority, the ARCHITECTURAL COMMITTEE may: 9 . 05 . 1 Condition its approval of proposals and plans and specifications on such changes or conditions thereto as it deems appropriate. 9. 05 .2 Require submission of additional plans and specifications or other information prior to approval or disap- proval of the proposed construction, alterations or additions . 9. 05 . 3 Require a nominal fee payable to the ASSOCIATION to accompany each application for approval, together with the fees of any professional architect that may be retained by the ARCHITECTURAL COMMITTEE to assist and advise the ARCHITECTURAL COMMITTEE in its review of such plans . 9 . 06 FUTURE CONSTRUCTION. Nothing in this. DECLARATION shall limit the right of DECLARANT to complete construction of improvements to the COMMON AREA and all LOTS owned by DECLARANT or to alter them or construct additional improvements as DECLARANT deems advisable before completion and sale of . all LOTS within THE PROPERTY. . The rights of DECLARANT in this DECLARATION may be assigned by DECLARANT to any successor to all or any part of any of DECLARANT' S interest, and shall automatically be assigned to a successor who acquires DECLARANT' S interest in THE PROPERTY by foreclosure or by deed in lieu of foreclosure of a MORTGAGE. Provided, however, the rights reserved by DECLARANT for itself, its successors in interest and assigns pursuant to this section shall expire on the first to occur of the following events : (a) three (3) years after the close of escrow of the first LOT in the most recent PHASE in THE PROJECT, or (b) the close of escrow of the last LOT in THE PROJECT. Provided, however, such use by the DECLARANT, their agents, representatives, successors in interest and assigns shall not restrict the MEMBERS of their use and enjoyment of the COMMON AREA. 9 . 07 ARCHITECTURAL ADVISER. The ARCHITECTURAL COMMITTEE may designate an architect practicing in the COUNTY to advise the ARCHITECTURAL COMMITTEE on such matters relating to the ARCHITECTURAL COMMITTEE ' S duties as may from time to time be required. Such architect may be employed by the BOARD as a consultant and his compensation may be paid by the BOARD from the REGULAR MONTHLY ASSESSMENT. 9. 08 DECISIONS OF COMMITTEE. Decisions of the ARCHITECTURAL COMMITTEE and the reason therefore shall be trans- M:\Clients\2286\000\doc\final.\ccrs.102417.wpd. 41 —1 mitted by the ARCHITECTURAL COMMITTEE to the applicant within thirty (30) days after receipt by the ARCHITECTURAL COMMITTEE . Any application submitted pursuant to this DECLARATION shall be deemed approved, unless written disapproval or a request for additional information or materials by the ARCHITECTURAL COMMITTEE shall have been transmitted to the applicant within thirty days after the date of receipt by the ARCHITECTURAL COMMITTEE of all required materials . 9 . 09 APPEAL. Any decision of the ARCHITECTURAL COMMITTEE may be appealed by the applicant to the BOARD by written notice of appeal filed with the BOARD within fifteen days following the receipt of the ARCHITECTURAL COMMITTEE ' s decision by the applicant. Such notice of appeal shall state the reasons therefor and shall be heard by the BOARD in accordance with the provisions of Article VI of the BY-LAWS and California law. 9 . 10 COMPENSATION . The members of the ARCHITECTURAL COMMITTEE shall receive no compensation for their services rendered hereunder, other than reimbursement for expenses incurred by them in the performance of their duties hereunder. 9. 11 INSPECTION. Inspection of work and correction of defects therein shall proceed as follows : 9. 11 . 1 The ARCHITECTURAL COMMITTEE may at any time inspect any improvement for which approval of plans is required under the DECLARATION; provided, however; that the ARCHITECTURAL COMMITTEE ' S right of inspection shall terminate sixty (60) days after the work of improvement shall have been completed and the respective OWNERS shall have given written notice to the ARCHITECTURAL COMMITTEE of such completion. If, as a result of such inspection, the ARCHITECTURAL COMMITTEE finds, that such improvement was done without obtaining the approval of the plans therefore or was not done in substantial compliance with the plans approved by the ARCHITECTURAL COMMITTEE, it shall notify the OWNER in writing of the failure to comply with the DECLARATION within sixty days from the inspection, specifying the particulars of noncompliance. The ARCHITECTURAL COMMITTEE shall have the authority to require the OWNER to take such actions as may be necessary to remedy the noncompliance . 9. 11 .2 If upon the expiration of sixty (60) days from the date of such notification, the OWNER shall have failed to remedy such noncompliance, the Committee shall notify the BOARD in writing of such failure. The BOARD shall, upon fifteen (15) days written notice to the OWNER, conduct a hearing upon the COMMON AREA M:\C1ienCs\2286\000\doc\C.inal\ccrs.1.0241'7.wpd 42 in accordance with the provisions of Article VI of the BY-LAWS of the ASSOCIATION for the purpose of determining whether there is a noncompliance and, if so, the nature thereof and the estimated costs of correcting or removing the same. If a noncompliance exists, the OWNER shall remedy or remove the same within a period of not more than forty-five (45) days from the date that notice of the BOARD ruling is given, in writing, to the OWNER. If the OWNER does not comply with the BOARD ruling within such period, the BOARD shall have the right to levy an INDIVIDUAL ASSESSMENT against such OWNER pursuant to the provisions of Section 4 . 07 of this DECLARATION to cover the costs to remedy or correct such noncom- pliance, and the BOARD shall cause the work to be done . 9 . 12 VARIANCE. The ARCHITECTURAL COMMITTEE may authorize variances from compliance with any of the Architectural provisions of this DECLARATION when circumstances such as topo- graphy, natural obstructions, hardship, aesthetic, or environmental considerations require. Such variance must be evidenced in writing and must be signed by at least two (2) members of the ARCHITECTURAL COMMITTEE. If variances are granted, no violation of the DECLARATION shall be deemed to have occurred with respect to the matter for which the variance was granted. The granting of such variance shall not operate to waive any of the terms and provisions of the DECLARATION for any purpose except as to the particular improvement and particular provision hereby covered by the variance, nor shall it affect in any way the OWNER' S obligation to comply with all governmental laws and regulations affecting his use of all or any portion of THE PROJECT. 9. 13 LIABILITY OF COMMITTEE MEMBERS . Neither DECLARANT, the ARCHITECTURAL COMMITTEE, the BOARD nor their duly authorized representatives shall be liable to the ASSOCIATION, or to any OWNER for any loss, damage or injury arising out of or in any way connected with the performance of the Committee ' s duties under this DECLARATION, unless due to the willful misconduct or bad faith of the Committee or any member thereof. 9. 14 NOTICE TO COMMITTEE. All notices to be given to the ARCHITECTURAL COMMITTEE pursuant to this Article IX may be given to the Secretary of the ASSOCIATION in the manner prescribed by Sections 16 . 10 and 16. 10 . 3 of this DECLARATION. END OF ARTICLE IX M:\Clients\2286\000\doc\f'i.na:l\ccrs.1.02417.w:,d 43 ARTICLE X INSURANCE 10 . 01 ASSOCIATION INSURANCE. The ASSOCIATION shall purchase, carry and at all times maintain in force with such carriers, in such amounts, in such policy form, and with such deductibles as the BOARD and the federal agencies and corporations described in Section 10 . 04 herein below, may from time to time determine or establish insurance as follows : 10 . 01 . 1 PUBLIC LIABILITY. A comprehensive policy of public liability insurance covering all of the COMMON AREA of THE PROJECT, providing coverage for general liability of the ASSOCIATION and all of its MEMBERS. The amount of coverage shall be determined by the BOARD from time to time so as to provide such coverage as the BOARD may deem prudent, provided, however, that the minimum amounts of coverage shall be $2, 000, 000 . 00 during such time as THE PROJECT consists of one hundred (100) or fewer LOTS, and not less than $3,000, 000 . 00 during such time as THE PROJECT consists of more than one hundred (100) LOTS, or such greater limits as may be required by Section 5805 of the California Civil Code. Such coverage shall include protection against water damage liability, liability for non-owned and hired automobiles, liability for property of others and such other risks as are customarily covered in similar projects . 10 . 01 .2 FIRE AND EXTENDED COVERAGE. Fire and extended insurance on all improvements owned by or leased to the ASSOCIA- TION, the amount of such insurance to be not less than one hundred percent (1000) of current "replacement cost" (meaning actual replacement value, exclusive of the cost of land, excavations, foundations and footings) . Such coverage to include : (a) Agreed amount endorsement or its equivalent if available, or an inflation guard endorsement requested or required by any agency described in Section 10 . 04 hereof, demolition and contingent liability from operation of building laws endorsements, and increased costs of building endorsement and such other endorsements as the ASSOCIATION may deem necessary or as may be required by any agency described in Section 10 . 04 hereof. (b) Earthquake damage endorsement, if the ASSOCIATION deems such endorsement necessary or if any agency described in Section 10 . 04 hereof requires such endorsement . M:\CI.i_enLs\2.2.86\000\dor_\[inaJ.\ccrs.1.02417.wpd 44 (c) Loss or damage by fire and other hazards covered by the standard extended coverage endorsement, and by sprinkler leakage, debris removal, cost of demolition, vandalism, malicious mischief, windstorm, and water damage; (d) Such other risks customarily covered in similar projects . (e) Such policy or policies shall also name the OWNERS and the MORTGAGEES of the OWNERS as their respective interests may appear and shall provide for the issuance of certificates of such endorsements evidencing the insurance as may be required by any insured. The BOARD shall select such deducti- ble, franchise or franchise deductible provisions which, in its opinion, are consistent with good business practices and the requirements of this Section 10 . 01 .2 . 10 . 01 . 3 FIDELITY BOND. If any of the agencies described in Section 10 . 04 is a MORTGAGEE, OWNER, or insures or guarantees a MORTGAGE within THE PROJECT, the requirements of this Section have not been waived by said .agencies, the ASSOCIATION shall maintain, a fidelity bond in the penal amount of not less than one hundred percent of the estimated annual operating expenses for THE PROJECT, including reserves, insuring against dishonest acts by the ASSOCIATION, Directors, officers, and employees, and all others who are responsible for handling funds of the ASSOCIATION, including employees of any property management firm retained by the ASSOCIATION to manage all or any part of THE PROJECT. Such fidelity bonds must meet the following minimum requirements : (a) All shall name the ASSOCIATION as an obl-igee; (b) All shall contain waivers of any defense based on the exclusion of persons who serve without compensation from any definition of "employee" or similar expressions; (c) All shall provide that they may not be canceled or substantially modified (including cancellation from non-payment of premium) without at least thirty (30) days prior written notice to the agencies described in Section 10 . 04 herein below who are a . MORTGAGEE in THE PROJECT. (d) All shall provide that they may not be canceled or substantially modified (including cancellation for non-payment of premium) without at least ten (10) days prior written notice to the ASSOCIATION. M:\Clients\2286\000\doc\.l':i.nal\ccrs.102417.wpd 45 4A 10 . 01 . 4 ADDITIONAL INSURANCE. Such additional insurance as the BOARD may in its discretion deem necessary or appropriate, including workman ' s compensation insurance, errors and omissions coverage of the BOARD, officers and employees of the ASSOCIATION, fidelity bonds, insurance on commonly owned personal property and demolition insurance; provided, however, that the BOARD shall in any event purchase and maintain Directors and Officers liability insurance with coverage in the amount of at least $500, 000 . 00 during such time as THE PROJECT consists of one hundred (100) or fewer LOTS, and at least $1, 000, 000 . 00 during such time as THE PROJECT consists of more than one hundred (100) LOTS, or such greater limits as may be required by Section 5800 of the California Civil Code. 10 . 01 . 5 ADDITIONAL INSURANCE BY VOTE OF MEMBERS . By the vote of seventy-five percent (75°) of the MEMBERS, (excluding the vote of the DECLARANT) , at any regular or special meeting of the membership of the ASSOCIATION, the ASSOCIATION may be authorized to acquire a "master" or "blanket" policy of property insurance equal to the full replacement value (1000 of current "replacement cost" exclusive of land, foundation, excavation and other items normally excluded from such coverage) of all RESIDENCES and improvements on each RESIDENCE LOT in THE PROJECT with an Agreed Amount Endorsement or its equivalent if available, or Inflation Guard Endorsement and, if required by any INSTITUTIONAL MORTGAGEE, demolition and contin- gent liability from operation of lien laws endorsements and increased costs of construction endorsement, and earthquake damage endorsement and such other endorsement as may be necessary in the opinion of such INSTITUTIONAL MORTGAGEE. Such coverage must afford protection against at least the following: (a) Loss and damage by fire and other hazards covered by the standard extended coverage endorsement, and by sprinkler leakage, debris removal, cost of demolition, vandalism, malicious mischief, windstorm and water damage; (b) Such other risks as are customarily covered in similar projects . (c) Such action authorized in the adoption of such blanket policy shall specify the type of coverage and the allocation of premium payments on a per-RESIDENCE LOT basis to all OWNERS in THE PROJECT. All such coverage shall be for the benefit of each OWNER, and their respective MORTGAGEES, in accordance with their interests, and it shall provide for a separate loss payable endorsement in favor of the MORTGAGEE or MORTGAGEES of each RESIDENCE LOT, if any. Within five (5) days after it has obtained M:\Clients\2286\000\doc\[-.ina.l.\ccrs.].024] i.:apd 46 such insurance policy for the benefit of the OWNERS, the ASSOCIATION shall give each OWNER written notice thereof. Within fifteen (15) days thereafter, the OWNER of each RESIDENCE LOT shall execute any and all documents necessary to effectuate fully such coverage with respect to such OWNER'S RESIDENCE, including cancellation of any existing coverage which may, in the opinion of the BOARD, by operation of co-insurance or other clauses, serve to affect or reduce the coverage or potential recovery under any such blanket policy. Such policy or policies and any endorsement thereon shall be in the form and content and for such term and with such company or companies as may be satisfactory to the INSTITUTIONAL MORTGAGEE, and if more than one INSTITUTIONAL MORTGAGEE exists, such policy and all such endorsements shall meet the maximum standards of such INSTITUTIONAL MORTGAGEES . 10 . 01 . 6 USE OF PROCEEDS . All insurance proceeds payable under this Section 10 . 01 shall be paid to the BOARD, as trustee, to be held for the benefit of the ASSOCIATION, the OWNERS, MORTGAGEES and such other persons as their respective interests shall appear. Such insurance proceeds shall be paid by the ASSOCIATION in accordance with Article XII of this DECLARATION. 10 . 01 . 7 PREMIUMS . Except for insurance obtained by the ASSOCIATION pursuant to Section 10 . 01 . 5 herein above, all insurance contracted by the ASSOCIATION pursuant to this DECLARATION shall be paid from the REGULAR MONTHLY ASSESSMENT. Premiums payable upon insurance acquired by the ASSOCIATION pursuant to Section 10 . 01 . 5 herein above shall be allocated by the ASSOCIATION on a per RESIDENCE LOT basis 'as prescribed by Section 10 . 01 . 5 (c) herein above. 10 . 01 . 8 AUTHORITY OF BOARD. Each of the OWNERS, and every other person named or covered as an insured in connection with any of the policies purchased by the BOARD hereby irrevocably delegates to the BOARD any authority which he, it or they may otherwise have to negotiate any such loss settlements with the appropriate insurance carriers . The BOARD shall have the sole and exclusive authority and right to negotiate any such loss settlements relating to insurance purchased by the BOARD pursuant to this Section 10 . 01 . Provided, however, that any execution of a loss claim form and release form in connection with the settlement of a loss claim shall be binding on all of the OWNERS, and upon any other person named as an insured on such policy or policies only upon the execution thereof by a majority of the members of the BOARD. M:\Cl.i.en is\2.286\000\doc\.f-inal\cors.1024 7.7.orrnd 47 10 . 01 . 9 ANNUAL INSURANCE REVIEW. The BOARD shall annually determine whether the amounts and types of insurance it has obtained provide adequate coverage in light of increased construction costs, inflation, practice in the COUNTY, or any other factor which tends to indicate that either additional insurance policies or increased coverage under existing policies are necessary or desirable to protect the interest of the OWNERS, INSTITUTIONAL MORTGAGEES, and the ASSOCIATION. If the BOARD deter- mines that increased coverage or additional insurance is appro- priate, it shall obtain the same. 10 . 02 OWNER INSURANCE. During such period that the ASSOCIATION shall not be authorized to insure structures and improvements upon RESIDENCE LOTS pursuant to Section 10 . 01 . 5 hereof, each OWNER shall maintain, at his sole cost and expense, fire insurance with special form coverage included, insuring all structures and improvements upon his RESIDENCE LOT in an amount at least equal to ninety percent (900) of the full insurable value thereof, or more, together with, at each OWNERS option, comprehensive public liability insurance in minimum amounts of $300, 000. 00 for personal injury to any one person, $500, 000 . 00 for any one accident or occurrence and $100, 000 . 00 for property damage, or so-called "homeowners" or "tenants forms" personal liability each occurrence limit of not less than $500, 000 . 00 . Each OWNER shall promptly furnish to the BOARD a certificate from his insurance carrier or carriers certifying that such insurance coverage is in existence and in full force and effect, and that it is evidenced by a policy with premiums payable at not less than annual intervals and that it cannot be canceled without ten (10) days prior written notice to the BOARD. In the event any OWNER shall fail to maintain the insurance coverage prescribed by this Section 10 . 02, the BOARD may obtain such coverage and levy an INDIVIDUAL ASSESSMENT pursuant to Article IV hereof, against the RESIDENCE of such the OWNER for the cost of such insurance . 10 . 03 ADDITIONAL OWNERS INSURANCE . Each OWNER may, in addition to the coverage prescribed by Section 10 . 02 herein above, maintain such additional insurance upon his furniture, furnishings and other personal property situate upon his RESIDENCE LOT, together with any so-called "homeowners" or other type of personal insurance coverage upon his RESIDENCE, RESIDENCE LOT or his interest in THE PROJECT. 10 . 04 REQUIREMENTS OF FEDERAL AGENCIES AND CORPORATIONS . Notwithstanding the other provisions of this Article X, the ASSO- CIATION shall continuously maintain in effect such casualty, flood and liability insurance and a fidelity bond meeting the insurance M:\Clients\2286\000\doc\final\ccrs.102417.wpd 48 t and fidelity bond requirements for Planned Development Projects established by Federal National Mortgage Association, Government National Mortgage Association, Federal Home Loan Mortgage Corporation, Federal Housing Authority or Veterans Administration so long as any of said entities is a MORTGAGEE, OWNER, or insures or guarantees a MORTGAGE within THE PROJECT, except to the extent such coverage is not available or has been waived in writing by the foregoing entities . 10 . 05 ABANDONMENT OF REPLACEMENT COST INSURANCE. Unless seventy-five percent (75%) of the FIRST MORTGAGEES based on one vote for each FIRST MORTGAGE held have given their prior written approval, the ASSOCIATION shall not fail to maintain the extended coverage fire and casualty insurance required by Section 10 . 01 . 2 of this Article X on less than one hundred percent (1000) of the current replacement cost value thereof. END OF ARTICLE X M:\Clients\2286\000\doc\Final\ccrs.1.0241.7.wpd 49 ARTICLE XI MAINTENANCE, REPAIR AND RESTORATION 11 . 01 MAINTENANCE, REPAIR AND RESTORATION. Notwith- standing the provisions for insurance in Article X of this DECLARATION, the ASSOCIATION and the OWNERS shall have the obligations of maintenance, repair and restoration as set forth herein. Provided, however, that all expenses to the extent covered by insurance shall be paid from such insurance proceeds : 11 . 01 . 1 OWNERS . Except for those portions of THE PROJECT and the RESIDENCE LOTS which the ASSOCIATION is to maintain, repair, replace, landscape and restore hereunder, each OWNER shall, at his sole cost and expense: (a) RESIDENCE. Maintain (including graffiti removal) , repair, replace, restore, rebuild and decorate his RESIDENCE and all improvements situate upon and within his RESIDENCE LOT, in a neat, sanitary, workable and attractive condition as may be reasonably necessary to protect and preserve the appearance and value of THE PROJECT. (b) Landscaping. Maintain all landscaping installed upon his or her RESIDENCE LOT, except the landscaping in the front yard area which shall be maintained by the ASSOCIATION. (c) Water Drainage Lines . Each OWNER is responsible for maintaining, repairing and replacing the water drainage lines from their backyard out to the street and the ASSOCIATION shall have no responsibility for these water drainage lines . (d) Alteration and Decoration of Masonry Block Walls and Retaining Walls . No OWNERS of LOTS within THE PROJECT shall do anything which may alter, damage or impair the structural integrity of the masonry block wall (s) or retaining wall (s) , if any, situated on OUTLOTS adjacent to his/her/their LOT. As such, the OWNERS of LOTS shall not drill or drive any nails, screws, mollie screws, bolts, or other objects into, or install, mount or hang any object or STRUCTURE on, the masonry block wall (s) or retaining wall (s) situated on his/her/their LOT. Further, no OWNER of said LOTS shall allow any vines or other plants to grow or adhere to the masonry block wall (s) or retaining wall (s) situated on OUTLOTS adjacent to his/he.r/their LOT. (e) Damage to Masonry Block Walls and Retaining Walls . In the event the masonry block wall (s) or retaining M:\C:1:i.ents\2286\000\dor_\(.i.na:l.\ccrs.102417.wpd 50 5ti wall (s) , if any, on an OWNER' S LOT are damaged or destroyed through the act of an OWNER or his/her/their family members, invitees, guests or agents (whether or not such act is negligent or intentional) , then such OWNERS shall, forthwith proceed to rebuild and repair the masonry block wall and/or retaining wall located on his/her/their respective LOT to as good a condition as previously existed, at his/her/their sole cost and expense . (f) Consequential Damage . Each OWNER is responsible for the cost of repair of those portions of the OWNER' s LOT and RESIDENCE, including fixtures and personal property, which are required to be maintained by the OWNER, even if the cause of the . damage originates from a source maintained by the ASSOCIATION, unless the cause is the gross negligence of the ASSOCIATION or its agents . As an. example, water damage to a RESIDENCE that is caused by an ASSOCIATION maintained irrigation system is the responsibility of the OWNER even though the repair of the irrigation system is the responsibility of the ASSOCIATION. Further, any repair or replacement to a driveway or private walkway that is damaged due to irrigation, sewer, plumbing or landscaping system failures, to include tree roots, shall be the sole responsibility of the OWNER. Further, any repair or replacement to a foundation that is damaged due to irrigation, sewer, plumbing or landscaping system failures, to include tree roots, shall be the sole responsibility of the OWNER. 11 . 01 .2 THE ASSOCIATION. The ASSOCIATION shall, as an ASSOCIATION expense, and subject to the provisions of this DECLARATION: (a) COMMON AREA. Maintain, repair and restore (including removal of graffiti) the COMMON AREA. (b) Non-Standard Entry and Exit Improvements . Maintain, repair and restore the improvements installed within the public right-of-way immediately adjacent to the entrance and exits to THE PROJECT that are, essentially, continuations of the improvements installed within THE PROJECT, landscaping and related improvements . (c) Graffiti Removal. Remove all graffiti from the perimeter masonry block walls located on OUTLOTS G, H, I, J and L and, except as otherwise provided in this DECLARATION, all other structures within THE PROJECT within twenty-four (24) hours of the time the graffiti is applied or notification thereof by officials of the CITY. M:\C1_ients\2286\000\doc\f.'ina.l.\ccr.s.1.0241.7.wpd 51 J� (d) Maintenance of Front yard Landscaping. The term "front yard areas" herein shall mean and refer to that portion of each LOT which is generally visible from any street within THE PROJECT and would commonly be referred to as a front yard or side yard. Front yard area shall not include those portions of a LOT which are covered by structural improvements or which are enclosed for the private use of an OWNER. The precise area of each LOT which constitutes front yard area shall be determined by actual location of the RESIDENCE and fence improvements constructed thereon. The ASSOCIATION shall maintain or , provide for the landscape maintenance of all front yard areas in good order and repair, shall maintain or provide for the maintenance of sprinkler systems in the front yard areas and shall be responsible for maintenance around the mailboxes . The ASSOCIATION shall not, however, be obligated to maintain driveways, roofs, entry walks, garage doors, walls, rear yards, fences, atriums or patios . Nor shall the ASSOCIATION maintain drainage lines or any OWNER installed improvements . The ASSOCIATION' s responsibility does no.t extend to removal, repair or replacement of driveways and/or private walkways due to irrigation, sewer, plumbing or landscaping system failures or damage caused by tree roots . The ASSOCIATION shall provide all necessary landscaping and gardening to generally maintain and periodically replace when necessary the trees, shrubs, vines, plants, hedges, ground cover, grass and vegetation originally placed in front yard areas of the LOTS, and the ASSOCIATION shall maintain the same in a neat and attractive manner. Nothing in this DECLARATION shall impose any obligations on the ASSOCIATION with respect to the structural integrity or replacement of RESIDENCES or fences . The ASSOCIATION shall not be responsible for damage caused by falling trees, flying branches or shingles . Each OWNER' s use and maintenance of the front yard area on his or her LOT shall be restricted as set forth in Sections 6.27 and 6.28 above. 11 . 02 DEFAULT OF OWNER. In the event any OWNER fails to maintain, repair or replace his RESIDENCE in such manner as may be deemed necessary in the judgement of the BOARD to preserve and protect the attractiveness, appearance and value of THE PROJECT, the BOARD shall give written notice to such OWNER, stating with particularity the work of maintenance, repair or replacement which the BOARD finds to be required, and requesting the same to be carried out within a period of ninety (90) days from the giving of such notice. If such OWNER fails to carry out such maintenance, repair or restoration within the period specified by the notice, the ASSOCIATION, after approval by two-thirds (2/3rds) votes of the BOARD, shall have the right upon reasonable notice to the OWNER, and in compliance with the provisions of this DECLARATION, through M:\Clients\27.86\000\doc\final\ccrs.102417.wpd 52 its agents and employees, contractors or subcontractors, to enter the RESIDENCE LOT and to repair, maintain and restore the LOT and the exterior of the RESIDENCE and any other improvements erected thereon. The cost of such exterior maintenance shall be added to and become a part of the assessment to which such LOT is subject. 11 . 03 OWNER LIABILITY. Each OWNER- shall be liable to the ASSOCIATION for any damage to the COMMON AREA, including any structures, improvements, equipment, and personal property thereon, and for any damage. to the landscaping or gardening of any part of THE PROJECT which the ASSOCIATION is to landscape and garden pursuant to this Article XI, which may be sustained by reason of the negligence or willful misconduct of the OWNER, his family, guests, tenants, servants, or invitees . Such maintenance, repair, restoration or replacement of such damage shall be made by the ASSOCIATION at the expense of the OWNER. 11 . 04 APPORTIONMENT OF EXPENSES. In the event repairs or restoration or extraordinary maintenance of the COMMON AREA, or any improvements or structures thereon, or any portion of the RESIDENCE LOTS of THE PROJECT which the ASSOCIATION is required to garden or landscape pursuant to this Article, is required as a result of the acts or omissions of more than one OWNER, the costs of such work shall be conclusively apportioned by the ASSOCIATION. 11 . 05 To the extent PARTY IMPROVEMENTS masonry block retaining walls and fences built as part of the original construction of a RESIDENCE in THE PROJECT and placed on THE PROPERTY line between two (2) RESIDENCE LOTS in THE PROJECT are not maintained by the ASSOCIATION, as an ASSOCIATION expense, the maintenance, repair, replacement or restoration of such masonry block walls and fences .shall be governed by the general rules of California Law regarding party walls and liability for property damage due to negligence or willful acts or omissions shall apply to such improvements . 11 . 05 . 1 The cost of reasonable maintenance of such masonry block retaining walls and fences shall be borne equally by the OWNERS of the RESIDENCE LOTS sharing such improvements . 11 . 05 . 2 The right of any OWNER of a RESIDENCE LOT to contribution from any other OWNER under this Section 11 . 05 shall be appurtenant to such RESIDENCE' LOT. 11 . 05 . 3 Any dispute between OWNERS regarding the allocation of the expenses of such maintenance, repair, restoration M:\Cli.enl:s\2286\000\doc\final.\ccrs.1029.1 /.wpd 53 { or replacement shall be determined pursuant to the provisions of Section 16. 14 hereof . 11 . 06 APPROVAL OF PLANS . No work .provided for in this Article or elsewhere in this DECLARATION shall be commenced and no structure or improvement in THE PROJECT shall be painted or repainted on the exterior thereof or constructed, altered or repaired until complete plans and specifications for the work, including color schemes, shall have been submitted to and approved by the ARCHITECTURAL COMMITTEE. All such repair, replacement or reconstruction pursuant to this Article shall be substantially in accordance with the original plans and specifications for THE PROJECT. 11 . 07 TIMING AND COMPLETION. If any work required of an OWNER by this Article is not commenced within thirty (30) days after written notice by the ASSOCIATION to the OWNER or OWNERS involved of the need therefor, or if the work once commenced is not diligently pursued to completion within the period prescribed by Section 11 . 02 of this Article XI, the ASSOCIATION may, by written notice to the OWNER or OWNERS involved, elect to undertake the work on behalf of and at the expense of said OWNER or OWNERS . 11 . 08 INDIVIDUAL ASSESSMENTS. If the ASSOCIATION undertakes any work which is at the expense of the OWNER pursuant to the provisions of this Article, the ASSOCIATION shall levy an INDIVIDUAL ASSESSMENT against such OWNER pursuant to the provisions of Article IV, Section 4 . 07 of this DECLARATION, to cover the costs of such expense. 11 . 09 LIMIT ON INDIVIDUAL ASSESSMENT. Any INDIVIDUAL ASSESSMENT made against an OWNER or OWNERS by the ASSOCIATION in order to allow the ASSOCIATION to undertake any work which is to be at the expense of the OWNER, shall be reduced by any amount paid by the OWNER for such work and by the amount of any insurance proceeds paid to the ASSOCIATION as a 'result of the damage to be repaired or replaced. 11 . 10 ASSOCIATION DUTY OF' MAINTENANCE. The BOARD, or its duly appointed agent, including the manager, if any, shall have the exclusive right to paint, decorate, repair, replace, maintain and alter or modify all structures and improvements in the COMMON AREA, and no OWNER of a RESIDENCE LOT shall be permitted to do, or have done, any such work. 11 . 11 STRUCTURAL CHANGE . No OWNER shall alter, modify, reconstruct or do any other thing to any party wall or to any M:\Clients\22.86\000\doc\final\ccrs.1.02477.wpd 54 plumbing, electrical or mechanical fixtures located along or within any such wall which would impair the integrity of the party wall as a fire separation unit without the review and approval of the ARCHITECTURAL COMMITTEE. END OF ARTICLE XI M:\C.l.ients\2286\000\doc\f.inal.\ccrs.1.02417.wpd 55 ARTICLE XII DESTRUCTION OR CONDEMNATION 12 . 01 DESTRUCTION OF COMMON AREA. 12 . 01 . 1 RECONSTRUCTION WITHOUT ELECTION BY OWNERS . In the event that all or any part of the COMMON AREA of THE PROJECT is destroyed or damaged by any cause and if the available proceeds of the insurance carried by the BOARD pursuant to this DECLARATION is sufficient to cover not less than ninety percent (900) of the cost of the repair or reconstruction thereof, the same shall be promptly repaired and rebuilt unless, within one hundred twenty (120) days from the date of such destruction, not less than seventy-five percent (750) of the MEMBERS determines that such reconstruction shall not take place. Any meeting of MEMBERS called for such purpose shall be deemed a "special meeting" of MEMBERS and shall be called and conducted in accordance with the BY-LAWS of the ASSOCIATION. 12 . 01 . 2 RECONSTRUCTION BY CONSENT OF OWNERS. In the event that all or any part of the COMMON AREA of THE PROJECT is destroyed or damaged by any cause and if the available proceeds of the insurance carried by the BOARD pursuant to this DECLARATION is less than ninety percent (900) of the cost of the reconstruction or repair thereof, such reconstruction or repair may nevertheless take place if a MAJORITY OF MEMBERS elect by vote or written assent to rebuild. Any meeting of MEMBERS called to approve such recon- struction or repair pursuant to this Section 12 . 01 .2 shall be deemed a "special meeting" of MEMBERS and shall be called and conducted in accordance with the BY-LAWS of the ASSOCIATION. 12 . 01 . 3 OBLIGATION OF BOARD. Within sixty (60) days following the damage or destruction of the COMMON AREA, the BOARD shall cause plans and specifications for the reconstruction or repair of the COMMON AREA contemplated by this Article to be prepared in compliance with Section 11 . 06 of Article XI and within thirty (30) days after the preparation of such plans the BOARD shall obtain bids for the reconstruction or repair contemplated by this Article XII from at least two reputable contractors, and if either Section 12 . 01 . 1 or 12 . 01 .2 of this Article XII is complied with, the BOARD shall award the reconstruction or repair work to the lowest bidder; provided, however, that the BOARD shall not be required to authorize or award any such contract until it has sufficient monies, whether from insurance and/or the collection of the SPECIAL and/or INDIVIDUAL ASSESSMENT with which to pay the costs of reconstruction or repair as reflected by the bid which has M:\Clients\2286\000\doc\final_\ccrs.1.0241'7.wpd 56 been accepted by the BOARD. The BOARD, upon awarding said bid shall thereafter be authorized to disburse monies to the contractor in accordance with the contract terms from the proceeds from the insurance and the assessments held by the BOARD for such reconstruction or repair. It shall be the obligation of the BOARD ' to take all steps necessary to assure the commencement and completion of such reconstruction or repair at the earliest possible date. 12 . 01 . 4 USE OF PROCEEDS . The use of the proceeds of any insurance maintained by the ASSOCIATION upon the COMMON AREA improvements pursuant to Article X hereof shall be used by the BOARD pursuant to this Section 12 . 01 subject to the prior rights of MORTGAGEES whose interests may be protected by said policies . 12 . 01 . 5 DETERMINATION NOT TO REPLACE COMMON AREA. In the event of a determination not to replace, repair or restore the COMMON AREA improvements pursuant to Sections 12 . 01 . 1 and 12 . 01 . 2 of this Article XII, the ASSOCIATION may, upon the approval of a MAJORITY OF MEMBERS clear the destroyed or damaged part of the COMMON AREA of THE PROJECT and landscape or otherwise improve such area for project use, including adequate vehicular and pedestrian rights of way, with the costs thereof paid from the insurance proceeds and from SPECIAL ASSESSMENTS, if necessary. Should any excess insurance proceeds remain, the BOARD shall retain such sums in the general funds of the ASSOCIATION. Notwithstanding anything to the contrary contained in this Section 12 . 01, the distribution or any insurance proceeds for any damage or destruction to the COMMON AREA of THE PROJECT shall be subject to the prior rights of the INSTITUTIONAL MORTGAGEES . 12 . 02 DESTRUCTION OF RESIDENCE. In the event that all of a RESIDENCE or damaged by any cause the OWNER or OWNERS thereof shall diligently commence the repair or reconstruction of such RESIDENCE as nearly as possible to the condition immediately prior to such damage or destruction and in substantial conformance with the original plans thereof pursuant to Section 11 . 06 of Article XI of this DECLARATION. Notwithstanding the foregoing, however, any OWNER of a damaged or destroyed RESIDENCE may request permission from the ARCHITECTURAL COMMITTEE to reconstruct or repair his RESIDENCE in accordance with revisions in the plans and specifications . The ARCHITECTURAL COMMITTEE shall grant such request only in the event that the proposed change or deviation will. materially benefit and M:\Clients\2.286\000\doc\final\ccrs.10241.7.wpd 57 enhance the entire PROJECT in a manner generally consistent with the original plans and development thereof. 12 . 02 . 1 FENCES ON PROPERTY LINES . To the extent the reconstruction or repairs herein described requires the repair or reconstruction of the fences described in Section 11 . 05 above, the OWNERS of the two (2) RESIDENCE LOTS sharing such fences shall bear one-half (%�) of the expenses thereof. 12 . 02 . 2 APPORTIONMENT OF EXPENSES. If two or more OWNERS cannot agree on the apportionment of expenses of mainte- nance, repair or restoration, such expenses shall be conclusively apportioned by the ASSOCIATION. If the ASSOCIATION is involved in dispute over the apportionment of such expenses, then the dispute shall be settled as provided in Sections 16. 14 and 16. 15 herein below. 12 . 03 COMPLETION BY ASSOCIATION. If any repair or reconstruction required of an OWNER by this Article is not commenced within sixty (60) days after written notice by the ASSO- CIATION to the OWNER or OWNERS of the RESIDENCE involved of the need therefor, or if the work once commenced is not diligently pursued to completion, the ASSOCIATION may, by written notice to such OWNER or OWNERS elect to undertake the work on behalf of and at the expense of said OWNER or OWNERS . If the ASSOCIATION undertakes any repair or reconstruction which this Article requires an OWNER to undertake, the ASSOCIATION shall assess an INDIVIDUAL ASSESSMENT against the OWNER pursuant to Article IV of this DECLARATION; provided, however, that the INDIVIDUAL ASSESSMENT shall be reduced by any amount paid by the OWNER for such work and by the amount of any insurance proceeds paid to the ASSOCIATION as a result of the damage or destruction to be repaired or replaced. 12 . 04 CONDEMNATION. 12 . 04 . 1 COMMON AREA. If an action for condemnation of all or a portion of the COMMON AREA is proposed or threatened by any governmental agency having the right of eminent domain, then, after approval by vote or written consent of at least fifty-one percent (510) of all the OWNERS and with the prior written consent of seventy-five percent (750) of all INSTITUTIONAL FIRST MORTGAGEES, the COMMON AREA, or a portion of it may be sold and conveyed to the condemning authority by the ASSOCIATION or its designees acting as the attorney-in-fact of all OWNERS under an irrevocable power of attorney, which OWNER by accepting a deed to a LOT in THE PROJECT grants to the BOARD and which shall be coupled M:\Clients\2286\000\doc\final\ccrs.10241.1.wpd 58 with an interest of all other OWNERS, for a price deemed fair and equitable by the BOARD. On a sale occurring under this section, the proceeds shall be distributed equally to each OWNER and their MORTGAGEES as their respective interests may appear . If the COMMON AREA, or a portion of it, is not sold but is instead taken, the award shall be apportioned among the OWNERS and their respective MORTGAGEES by the terms of the judgment of condemnation, and if not so apportioned, then the award shall be distributed equally to each OWNER and their MORTGAGEES as their respective. interests may appear. If less than all of the COMMON AREA is taken, then the reconstruction or replacement of the remaining COMMON AREA, and improvements thereon shall be determined according to the rules established in the event of the destruction of a portion of the COMMON AREA, as set forth in Section 12 . 01 of this DECLARATION. 12 . 04 . 2 RESIDENCE/RESIDENCE LOT (PARTIAL) . Where part of a RESIDENCE and/or RESIDENCE LOT has been taken by condemnation or by eminent domain (or by deed in lieu of such proceedings) and the RESIDENCE and/or RESIDENCE LOT remaining is capable of being repaired or reconstructed substantially in accordance with the original plans and specifications therefore, the OWNER or OWNERS of such RESIDENCE and/or RESIDENCE LOT shall arrange for the repair or restoration of such RESIDENCE and/or RESIDENCE LOT in the manner prescribed by Section 12 . 02 of this Article XII with respect to the to the repair or restoration of damage or destruction of a RESIDENCE. 12 . 04 . 3 RESIDENCE/RESIDENCE LOT (TOTAL OR SUBSTANTIAL . TAKE) . Should an entire RESIDENCE LOT (or a substantial portion thereof so as to render the repair or restoration of the RESIDENCE thereon or the construction of a new RESIDENCE on such LOT in architectural harmony with the remaining PROJECT impracticable) , the RESIDENCE and/or RESIDENCE LOT so taken shall cease to be part of THE PROJECT; the RESIDENCE LOT remaining shall become a part of the COMMON AREA of THE PROJECT, and the OWNER or OWNERS of such RESIDENCE and/or RESIDENCE LOT shall cease to be a MEMBER of the ASSOCIATION. 12 . 04 . 4 PAYMENT OF AWARD. All compensation, damages or other proceeds constituting awards in condemnation or eminent domain or payments in lieu of condemnation or eminent domain for the taking of or injury to the RESIDENCE and/or RESIDENCE LOT, or M:\Clients\2286\000\doc\[:i.nal\ccrs_1.02417.wpd 59 any portion or portions thereof, so taken shall be equitably apportioned by the ASSOCIATION, following the receipt thereof, among the ASSOCIATION and the OWNERS and their MORTGAGEES of the RESIDENCE or RESIDENCE LOT so affected by the taking, as their interests may appear. No OWNER, or any other party, shall have priority over any right of INSTITUTIONAL FIRST MORTGAGEES of LOTS in THE PROJECT pursuant to their MORTGAGES in case of a distribution by the ASSOCIATION of insurance proceeds or condemnation awards for losses to or a taking of LOTS or COMMON AREA in THE PROJECT. The part of the award apportioned to the ASSOCIATION, if any, shall be applied by the ASSOCIATION to discharge the costs and expenses of restoration of the COMMON AREA damaged as a result of the taking of such RESIDENCE LOT. 12 . 05 SPECIAL ASSESSMENT. In the event of a determin- ation to repair or reconstruct pursuant to this Article XII, the BOARD shall levy a SPECIAL ASSESSMENT in compliance with the terms and provisions of Section 4 . 04 of this DECLARATION, in order to secure such funds as may be necessary to pay for the costs of such repair or reconstruction, including all plans, specifications and permits deemed necessary by the BOARD therefor, over and above all sums paid and received for such purposes from insurance, eminent domain awards or an INDIVIDUAL ASSESSMENT. END OF ARTICLE XII `i:\Cl.i.ents\2286\000\doc\Einal\ccrs.1.07..41.7.w_od 60 b ARTICLE XIII EASEMENTS AND ENCROACHMENTS 13 . 01 APPURTENANT EASEMENTS. There shall be the following easements appurtenant to each RESIDENCE LOT: 13 . 01 . 1 Reciprocal easements between adjacent RESIDENCE LOTS for the maintenance, replacement and repair of all PARTY fences situate upon the common boundary of said adjacent RESIDENCE LOTS . 13 . 01 .2 Reciprocal easements between adjacent RESIDENCE LOTS for encroachments due to the placement or settling or shifting of any improvements constructed, reconstructed, replaced or altered thereon pursuant to the original plans and in accordance with the terms of this DECLARATION to a distance of not more than five feet as measured from any point on the common boundary between said adjacent RESIDENCE LOTS along a line perpendicular to such boundary at such point; provided, however, that except as hereinafter provided, no such easements for any encroachment shall exist if such encroachment shall occur due to the willful conduct on the part of an OWNER of a RESIDENCE LOT, any tenant of such LOT or the ASSOCIATION. 13 . 01 . 3 Reciprocal easements between each RESIDENCE LOT and such portion or, portions of the COMMON AREA adjacent thereto for encroachments due to the placement, settling or shifting of any improvements constructed, reconstructed, replaced or altered thereon in accordance with the original plans and with the terms of this DECLARATION to a distance of not more than five feet, as measured from any point on the common boundary between each RESIDENCE LOT and the adjacent portions of the COMMON AREA along a line perpendicular to such boundary at such point; provided, however, in no event shall an easement for encroachment exist if such encroachment occurs due to the willful conduct on the part of an OWNER of a RESIDENCE LOT, any tenant of such LOT or the ASSOCIA- TION. 13 . 01 . 4 An easement of encroachment appurtenant to each RESIDENCE LOT for any encroachments upon the air space of any part of the COMMON AREA by any part of the RESIDENCE or other improvements originally constructed, reconstructed, replaced, repaired and/or maintained upon such RESIDENCE LOT pursuant to the original plans thereof, and with the consent of the ARCHITECTURAL COMMITTEE to a distance of not more than three feet (3 ' ) , as measured from any point on the common boundary between each such M:\Clients\2286\000\doc\final\ccrs.1.02417.wpd 61 RESIDENCE LOT and the adjacent portion of the COMMON AREA along a line perpendicular to such boundary at such point. 13 .01 . 5 In the event that there shall be located within any RESIDENCE LOT pipes, vents, outlets, wires or other structures serving another or more than one RESIDENCE LOT, the OWNER of each RESIDENCE LOT so served shall have and enjoy a perpetual easement appurtenant to his RESIDENCE LOT for the maintenance and use of any such pipe, vent, outlet, wire or other structure . 13 . 02 OWNER' S EASEMENT OF ENJOYMENT. Every OWNER, and his tenants, servants, family members, guests and invitees, to the extent permitted by such OWNER, shall have a non-exclusive easement . of access to, use and enjoyment of, and ingress and egress through the COMMON AREA and such easement shall be appurtenant. to and shall pass with the title to every RESIDENCE LOT subject to the following provisions : 13 . 02 . 1 The right of the ASSOCIATION to reasonably limit the number of guests of OWNERS using the COMMON AREA. 13 . 02 .2 The right of the BOARD to establish ASSOCIATION RULES pertaining to the use of the COMMON AREA. 13 .02 . 3 The right of the ASSOCIATION in accordance with this DECLARATION, its ARTICLES and BY-LAWS, to borrow money for the purpose of improving the COMMON AREA and facilities therein. 13 . 02 . 4 The right of the ASSOCIATION to suspend the voting rights of an OWNER for any period during which any assess- ment against such OWNER' S RESIDENCE LOT remains unpaid and delinquent as provided for by this DECLARATION . 13 . 02 . 5 Subject to the provisions of this DECLARATION, the right of the ASSOCIATION to dedicate, release, alienate or transfer all or any part of the COMMON AREA to any public agency, authority or utility for such purposes and subject to such conditions as may be agreed upon by the MEMBERS . No such dedication, release, alienation or transfer shall be effective unless an instrument signed by sixty-six and two- thirds percent (.66 2/30) of the votes of both classes of MEMBERS of the ASSOCIATION agreeing to such dedication, release, alienation or transfer has been recorded in the office of the COUNTY Recorder . 13 . 02 . 6 The right of the DECLARANT, their agents and representatives, to the non-exclusive use of the COMMON AREA and M:\Clients\2286\000\doc\.Ei.na.).\ccrs.].02417.wpd 62 the facilities, thereof, without charge, for sales, display, access, ingress, egress and exhibit purposes in connection with the sale or lease of all or any portion of THE PROPERTY, which rights DECLARANT hereby expressly reserves . Provided, however, that such use shall not be for any period of more than either (a) two (2) years after the date of the original issuance of the final subdivision public report for THE PROPERTY, or (b) three (3) years from and after the date of the recordation of this DECLARATION, whichever event shall be the first to occur; provided, however, that such use by DECLARANT or their agents and representatives shall not restrict the MEMBERS in their use and enjoyment of the COMMON AREA. 13 . 02 . 7 The right of the ASSOCIATION to reconstruct, replace or refinish any improvement or portion thereof upon the COMMON AREA, in accordance with the original design, finish or standard of construction of such improvement, or the general improvements within THE PROJECT, as the case may be . 13 . 02 . 8 The right of the ASSOCIATION to garden and landscape the COMMON AREA and front yard portion of each LOT. 13 . 03 RIGHTS OF ASSOCIATION. There is expressly reserved to the ASSOCIATION an easement, to which the entire PROJECT shall be subject, of entry and access for the performance generally of its rights and duties as provided in this DECLARA- TION. Entry into the RESIDENCE of an OWNER pursuant to this easement shall be restricted to reasonable times and must be preceded by reasonable notice to the occupant, unless entry is required by an _emergency. Any damage caused to a RESIDENCE, RESIDENCE LOT or to the COMMON AREA by the exercise of the rights of the ASSOCIATION granted pursuant to this Section shall be repaired by the ASSOCIATION. The ASSOCIATION shall have an easement in, on, over and under THE PROJECT as reasonably necessary to maintain and repair the private street (OUTLOT "A") and any other improvements that the ASSOCIATION is obligated to maintain within THE PROJECT. In addition, DECLARANT hereby reserves non- exclusive easements for the benefit of the ASSOCIATION over LOTS in THE PROJECT as appropriate, for the purposes set forth in Section 11 . 01 (e) above . 13 . 04 CONSTRUCTION EASEMENT. The DECLARANT, its agents, representatives, successors in interest and assigns shall have a non-exclusive easement and right-of-way for ingress and egress over and upon the COMMON AREA to and from any portion of THE PROPERTY and for temporary storage of construction materials, equipment and vehicles thereon, until construction and development of THE M:\Clients\2286\000\doc\final_\ccrs.1.0241.7.wpd 63 PROPERTY is completed. Provided, however, the rights reserved by DECLARANT for themselves, their successors in interest and assigns pursuant to this Section 13 . 04 shall expire on the first to occur of the following events: (a) three (3) years after the close of escrow of the first LOT in the most recent PHASE of THE PROJECT, or (b) the close of escrow .of the last LOT in THE PROJECT. Provided, however, such use by the DECLARANT, its agents, representatives, successors in interest and assigns shall not restrict the MEMBERS in their use and enjoyment of the COMMON AREA. 13 . 05 VEHICULAR TRAFFIC. There shall be, and DECLARANT hereby expressly reserves and covenants for themselves, the future OWNERS of RESIDENCE LOTS in THE PROJECT, and all future OWNERS of THE PROPERTY, or any part thereof, and every such OWNER shall have a non-exclusive easement appurtenant to such property or RESIDENCE LOT for purposes of ingress and egress to and from such property or RESIDENCE LOT over all road, and other private streets within THE PROPERTY. 13 . 06 PUBLIC SERVICE USE . DECLARANT hereby reserves and covenants for themselves, each OWNER, and the OWNERS of all or any portion of THE PROPERTY, easements of immediate access to all portions of the COMMON AREA for the CITY, the COUNTY, the State of California, and the government of the United States, and any department, bureau or agency thereof, for the purpose of preserving the public health, safety and welfare . 13 . 07 UTILITY SERVICE. There is reserved for the benefit of each OWNER, the ASSOCIATION, and all utilities, persons and municipalities rendering services to THE PROJECT, an easement over, under, upon and through each RESIDENCE, RESIDENCE LOT and the COMMON AREA for the installation, maintenance and repair of each and every utility service, including but not limited to sewage, storra drainage, water, electricity, gas, telephone and television service for THE PROJECT, and all necessary meters and gauges registering the use of such services, (including the incidental easement of ingress and egress for the purpose of reading such meters) ; provided, however, that the exercise of this easement shall not result in damage to existing improvements upon any RESIDENCE LOT or the COMMON AREA, including RESIDENCES, lawns, shrubbery or trees unless adequate compensation is made for any such damage by the OWNER, the utility, the municipality or the ASSOCIATION exercising the rights granted by this Section 13 . 07 . No STRUCTURE, planting or material shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities, or which may damage, M:\Cl-i.ents\2286\000\doc\final.\ccrs.1-0241.7.wpd 64 I interfere or change the direction or flow of drainage facilities in the COMMON AREA. The easement areas in the COMMON AREA and all improvements located thereon, shall be .maintained by the ASSOCIATION, except for those improvements for which a public authority or. utility company is responsible. Utility easements in the COMMON AREA shall at all times be open and accessible to public and quasi-public utility corpor- ations and other persons erecting, constructing, or servicing such utilities and to DECLARANT and their successors and assigns, all of whom shall have the right of ingress and egress thereto and therefrom, and the right and privilege of doing whatever may be necessary in, under and upon said locations for the carrying out of any of the purposes for which said easements, reservations and rights-of-way are reserved or granted. 13 . 08 ADDITIONAL EASEMENTS . Additional easements may be granted to the ASSOCIATION by DECLARANT, to reflect the fences, walls, landscaping and irrigation systems installed along the perimeter of THE PROJECT, and within the entry areas of THE PROJECT, as installed by DECLARANT without the necessity of amending this DECLARATION. 13 . 09 ENCROACHMENT FOR MASONRY BLOCK WALLS . The masonry block walls installed by DECLARANT on OUTLOTS adjacent to LOTS in THE PROJECT, if any, may encroach onto said LOTS approximately eighteen inches (18") inside the property line of said LOTS, not including footings, as determined by DECLARANT . The OWNERS of said LOTS (other than DECLARANT) shall not move, remove, relocate or reposition the masonry block walls on their LOTS . Further, the OWNERS of said LOTS shall not do anything which may alter, damage or impair the structural integrity of the masonry block walls situated upon said LOTS. 13 . 10 ENCROACHMENT FOR MASONRY BLOCK RETAINING WALLS . The masonry block retaining walls installed by DECLARANT on OUTLOTS adjacent to LOTS in THE PROJECT, if any, may encroach onto said LOTS approximately eighteen inches (18") inside the property line of said LOTS, not including footings, as determined by DECLARANT. The OWNERS of said LOTS (other than DECLARANT) shall not move, remove, relocate or reposition the masonry block retaining walls on their LOTS . Further, the OWNERS of said LOTS shall not do anything which may alter, damage or impair the structural integrity of the masonry block retaining wall upon their LOTS. The masonry block retaining walls located on LOTS in THE PROJECT shall be maintained, repaired and replaced by the OWNERS of the LOTS upon which the masonry block retaining walls are located, at the OWNER' S sole cost M:\Clienl.s\22.86\000\doc.\f:i.nal\ccrs.102.417.wpd 65 and expense, subject to the provisions of Section 11 . 05 of this DECLARATION. 13 . 11 ENCROACHMENT FOR WOOD FENCES. The wood fences, including footings, installed by DECLARANT on LOTS in THE PROJECT, may encroach upon said LOTS. The exact location of the wood fences shall be determined by DECLARANT. The wood fences located on LOTS in THE PROJECT shall be maintained, repaired and replaced by the OWNERS of the LOTS upon which . the wood fences are located, at the OWNER' S sole cost and expense, subject to the provisions of Section 11 . 05 of this DECLARATION. END OF ARTICLE XIII M:\C:.I..i.ents\2286\000\doc\f.-inal\cors.].0241.%.Bpd 66 ARTICLE XIV POWERS AND DUTIES OF ASSOCIATION 14 . 01 ADMINISTRATION OF PROJECT. The OWNERS, and each of them, together with all parties bound by this DECLARATION covenant and agree that the administration of THE PROJECT shall be in accordance with the provisions of this DECLARATION, the ARTICLES, the BY-LAWS and such rules and regulations as may be adopted by the BOARD, and all amendments and modifications as may be adopted from time to time . In the event of any inconsistency between the provisions of this DECLARATION and the provisions of the ARTICLES, the BY-LAWS or said rules and regulations, the provisions of this DECLARATION shall prevail . The primary purpose of the ASSOCIATION is to further and promote the common interests and welfare of the OWNERS and to provide ownership, management, maintenance, preservation and control of the COMMON AREA and maintenance, preservation and control of the RESIDENCES and RESIDENCE LOTS . The ASSOCIATION shall have such powers as are set forth in this DECLARATION, the ARTICLES, and BY-LAWS and afforded it by law. The ASSOCIATION shall also be the sole and exclusive means for the regulation and enforcement of all rules necessary to govern the use and enjoyment of private roads, walkways, recreational facilities and the entire COMMON AREA of THE PROJECT. 14 . 02 ORGANIZATIONAL MEETING OF ASSOCIATION. The MEMBERS of the ASSOCIATION shall hold an organizational meeting no later than the expiration of six (6) months following the recordation of a deed evidencing the initial sale of a RESIDENCE LOT within THE PROJECT. DECLARANT shall call the organizational meeting and give notice of the time thereof in the manner set forth in the BY-LAWS. Thereafter, annual and special meetings of the MEMBERS of the ASSOCIATION shall be held as provided in the BY- LAWS . 14 . 03 AUTHORITY OF BOARD. Prior to the initial organizational meeting of MEMBERS and thereafter until their successors are elected, the initial BOARD named in the ARTICLES or their duly appointed successors shall manage the affairs of the ASSOCIATION. The BOARD as constituted from time to time, shall at all times be responsible for the day to day operation and management of the affairs of the ASSOCIATION and shall have the sole power and duty to perform and carry out the powers and duties of the ASSOCIATION as set forth in this DECLARATION and the BY- LAWS, except for the ARTICLES or as required by B.R.E. , requiring the vote or assent of the MEMBERS of the ASSOCIATION or a given M:\Clients\2286\000\doc\final\ccrs.102.417.wpd 67 percentage thereof. Without limiting the generality of the foregoing, the BOARD, on behalf of the ASSOCIATION, shall have the following powers and duties : 14 . 03 . 1 To accept as MEMBERS all persons described in Article II . 14 . 03 . 2 Immediately prior to any dissolution of the ASSOCIATION, to convey all property vested in the ASSOCIATION to the OWNERS, as their interests in THE PROJECT may appear, or in such other manner as may be agreed upon by the vote or written assent of seventy-five percent (750) of both classes of MEMBERS of the ASSOCIATION. Any meeting of MEMBERS called to approve such distribution of the COMMON AREA shall be deemed a "special meeting" of MEMBERS and shall be called and conducted in accordance with the BY-LAWS of the ASSOCIATION. 14 . 03 . 3 To maintain, repair and restore the COMMON AREA, and the RESIDENCES .and RESIDENCE LOTS as provided in Article XI hereof and to acquire for the ASSOCIATION and to pay from the assessments levied and collected in accordance with this DECLARATION for such services, furnishings, equipment, maintenance, replacement and repairs as it may determine to be necessary in order to keep and maintain the. COMMON AREA and all improvements and easements therein and thereon in a state of good condition and repair. 14 . 03 . 4 To acquire and pay for out of the assessments levied and collected in accordance with this DECLARATION, sewer, water, refuse collection, telephone, gas and electric power, gardening service and other utilities and services for the COMMON AREA; to also acquire and pay for out of the assessments levied and collected in accordance herewith any sewer, water, refuse collection, gas and electric services and other utilities rendered to RESIDENCE LOTS in THE PROJECT not separately metered or billed to individual RESIDENCE LOTS. To the extent any such utilities or services are separately metered or separately rendered to the RESIDENCE LOTS, the OWNERS of such RESIDENCE LOTS shall be primarily responsible for the payment thereof as prescribed by Section 6.21 of this DECLARATION. 14 . 03 . 5 Except as to taxes, bonds, levies and assess- ments levied separately and against individual RESIDENCE LOTS and/or the OWNER or OWNERS thereof, the BOARD shall pay all taxes, real and personal, and assessments, bonds and levies which are or would become a lien on THE PROJECT or the COMMON AREA. M:\Client,s\2286\000\doc\t:i.na.l.\ccrs.10241.7.wpd 68 14 . 03 . 6 To employ a manager, or other persons and contract with the DECLARANT, independent contractors or managing agents who have professional experience in the management of developments similar to THE PROJECT to perform all or any part of the duties and responsibilities of the ASSOCIATION; provided, however, that any such contract shall be terminable by either party without cause and without the payment of any termination fee on ninety (90) days written notice; shall be terminable by the BOARD for cause on thirty (30) days written notice; and shall have a term of not more than one (1) year and with the vote or written assent of a MAJORITY OF MEMBERS (excluding the votes or assents of the DECLARANT) may contain a provision for successive one (1) year renewal periods upon mutual agreement of the parties . 14 . 03 . 7 To establish by the vote of a majority of the BOARD, ASSOCIATION RULES with respect to the use and occupancy of the COMMON AREA by the OWNERS and their family members, servants, tenants, guests and invitees, and the conduct of such persons with respect to vehicles, parking, bicycles, use of recreational facilities, control of pets and other activities which if not so regulated might detract from the appearance of THE PROJECT or offend or be offensive to or cause inconvenience, noise or danger to persons residing in or visiting THE PROJECT. All ASSOCIATION RULES shall be posted in a conspicuous place in the COMMON AREA and the BOARD shall send a copy of such rules and regulations, together with amendments and additions thereto to each OWNER within fifteen (15) days of the adoption of such rules and regulations or amendments and additions thereto. 14 . 03 . 8 To levy assessments against the OWNERS and enforce the payment thereof all in the manner and subject to the limitations set forth in this DECLARATION. 14 . 03 . 9 Without liability to any OWNER, to enter into any RESIDENCE, RESIDENCE LOT or the COMMON AREA for the purpose of enforcing ASSOCIATION RULES, this DECLARATION, or for the purpose of maintaining any RESIDENCE or RESIDENCE LOT if for any reason whatsoever any OWNER fails to maintain such RESIDENCE or RESIDENCE LOT as required by the DECLARATION, and for the purpose of removing any improvements constructed on such RESIDENCE or RESIDENCE LOT contrary to the provisions of the DECLARATION. 14 . 03 . 10 To commence and maintain legal proceedings to restrain and enjoin the breach or threatened breach of ASSOCIATION RULES or the DECLARATION and to seek redress therefor. M:\(:.Lients\2286\000\doc\Final_\ccrs.1.0241'1.wiDd 69 14 . 03 . 11 To have the power to perform such other acts, whether expressly authorized by this DECLARATION or .the BY-LAWS as may be reasonably necessary to enforce any of the provisions of this DECLARATION, the BY-LAWS or ASSOCIATION RULES, or to carry out and perform its powers and responsibilities . 14 . 03 . 12 To delegate to committees, officers, employees or agents any of its duties and powers under the DECLARATION, the ARTICLES and BY-LAWS; provided, however, no such delegation shall relieve the ASSOCIATION of its obligations to perform such delegated duties . 14 . 03 . 13 To delegate to committees, officers, employees or agents any of its duties and powers under the DECLARATION, the ARTICLES and BY-LAWS; provided, however, no such delegation shall relieve the ASSOCIATION of its obligations to perform such delegated duties . Notwithstanding the immediately preceding sentence, the BOARD shall not delegate its responsibility to: (1) make expenditures for capital additions or improvements chargeable against the capital reserves; (2) conduct hearings, concerning compliance by an Owner or his or her tenant, lessee, guest or invitee with the DECLARATION, BY-LAWS or ASSOCIATION RULES promulgated by the BOARD; (3) make a decision to levy monetary fines, levy reimbursement charges, temporarily suspend an OWNER' S rights as a MEMBER of the ASSOCIATION or otherwise impose discipline; (4) make a decision to levy REGULAR ASSESSMENTS or SPECIAL ASSESSMENTS; or (5) make a decision to bring suit, record a claim of lien or institute foreclosure proceedings for default in payment of assessments . 14 . 03 . 14 Subject any more restrictive provision contained in this DECLARATION, to dedicate or transfer all or any part of the COMMON AREA to any public agency, authority or utility or any other person or entity for such purposes and subject to such conditions as may be agreed to by the ASSOCIATION; provided, however, that no such dedication or transfer shall be effective unless (i) such dedication or transfer is approved by a majority of the voting power of each class of MEMBERS, and (ii) an instrument in writing is signed by the Secretary of the ASSOCIATION certifying M:\CLients\2286\000\doc\fina.l.\ccrs.10241-7.wpd 70 �v that such dedication or transfer has been approved by the required vote or written assent. 14 .04 PERSONAL LIABILITY. No member of the BOARD or of any committee of the ASSOCIATION, or any officer of the ASSOCIATION, or the DECLARANT, or the manager, if any, shall be personally liable to any OWNER, or to any other party, including the ASSOCIATION, for any damage or loss suffered or claimed on account of any act, omission, error or negligence of the ASSOCIATION, the BOARD, manager or any other representative or employee of the ASSOCIATION, the DECLARANT, the ARCHITECTURAL COMMITTEE, or any other committee, or any officer of the ASSO- CIATION, provided that such. person has, upon the basis of such information as may be possessed by him, acted in good faith, and without willful or intentional misconduct. 14 . 05 LIMITATION ON POWERS. In the exercise of the powers granted to the BOARD by this DECLARATION, the approval of any of the following action by the BOARD must first be obtained by the vote or written assent of a MAJORITY OF MEMBERS (excluding the votes or assents of the DECLARANT) . 14 . 05 . 1 Entering into a contract or agreement for the furnishing of goods or services, including any contract with the DECLARANT for a term in excess of one (1) year with the exception of the following: (a) A management contract, the terms of which have been approved by the Federal Housing Administration or Veterans Administration. (b) A contract with a public utility company if the rate charged for the materials or services are regulated by the Public Utilities Commission provided, however, that the term of the contract shall not exceed the shortest term for which the supplier will contract at the regulated rate. (c) Prepaid casualty, fire and/or liability insurance policies of not to exceed three years duration provided that the policies permit for short rate cancellation by the insured. (d) A lease agreement for laundry room fixtures and equipment for a term of not to exceed five (5) years provided that the lessor under such lease is not an entity in which the DECLARANT has a direct or indirect ownership interest of ten percent (100) or more . M:\Cl.l.ents\2286\000\doc\.C.ina:l.\ccrs.10241.'J.wpd 71 (e) Agreements for cable television service and equipment or satellite dish television services and equipment of not to exceed five (5) years duration provided that the supplier is not an entity in which the DECLARANT has a direct or indirect ownership interest of ten percent (10%) or more. (f) Agreements for sale or lease of burglar and fire alarm equipment, installation and services of not to exceed five (5) years duration provided that the supplier or suppliers are not entities in which the DECLARANT has a direct or indirect ownership interest of ten percent (10%) or more. (g) A contract for a term not to exceed three (3) years that is terminable by the ASSOCIATION after no longer than one (1) year without cause, penalty, or other obligation upon ninety (90) days written notice of termination to the other party. 14 . 05 . 2 Incurring aggregate expenditures for capital improvements to the COMMON AREA in any FISCAL YEAR in excess of five percent ' (5%) of the total of the REGULAR MONTHLY ASSESSMENT established for such FISCAL YEAR. 14 . 05 . 3 Selling during any FISCAL YEAR property of the ASSOCIATION having an aggregate fair market value in excess of five percent (5%) of the total of the REGULAR MONTHLY ASSESSMENT established for such FISCAL YEAR. 14 . 05 . 4 Levying an increase in the REGULAR MONTHLY ASSESSMENT and certain of the SPECIAL ASSESSMENTS pursuant to Article IV of this DECLARATION, in cases where the approval of MEMBERS is required under said Article IV. 14 . 05 . 5 Paying any compensation to members of the Board of Directors or to officers of the ASSOCIATION for services performed in the conduct of the ASSOCIATION' S business . A member of the BOARD or an officer of the ASSOCIATION may, however, be reimbursed for expenses incurred in carrying on the business of the ASSOCIATION without. obtaining the vote or written assent of a MAJORITY OF MEMBERS pursuant to this Section 14 . 05 . 5 . 14 . 05 . 6 Filling of a vacancy on the BOARD created by removal of a BOARD MEMBER. 14 . 06 FINANCIAL STATEMENTS. The BOARD shall prepare or cause to be prepared and mailed to all OWNERS such notices of assessments, budgets and financial statements as may be prescribed by the DECLARATION, the BY-LAWS, California Civil Code Section 5300, or by the B.R.E. , from time to time. M:\C].ienl.:s\2286\000\dor..\final\ccrs.10241.'/.wod 72 14 . 07 AUDIT. The BOARD upon the written request of any holder, insurer or guarantor of a FIRST MORTGAGE, shall provide an audited financial statement of the ASSOCIATION for the immediately preceding FISCAL YEAR free of charge to the party requesting such statement. Any audited financial statement requested pursuant to this Section 14 . 07 shall be furnished within a reasonable time following such request. 14 . 08 BOOKS AND RECORDS . Commencing not later than ninety (90) days after the annexation of the SUBSEQUENT PHASES to the subdivision, copies of those documents listed under subdivision (a) which are applicable to that SUBSEQUENT PHASE, shall, as soon as readily obtainable, be delivered by the subdivider to the governing body of the ASSOCIATION at the office of the ASSOCIATION, or at such other place as the governing body of the ASSOCIATION shall prescribe . The obligation to deliver such documents shall apply to any documents obtained by DECLARANT no matter when obtained, provided, however, that such obligation shall terminate upon the earlier of (1) the conveyance of the last LOT covered by a final subdivision public report or (3) three years (3) after the expiration of the most recent final subdivision public report applicable to the sale of LOTS in THE PROJECT: (1) The recorded subdivision map or maps for THE PROJECT. (2) The recorded condominium plan, if any, and all amendments thereto. (3) The deeds and easements executed by the DECLARANT conveying the COMMON AREA or other interest to the- ASSOCIATION, to the extent applicable . (4) The recorded DECLARATION, including all amendments and annexations thereto. (5) The ASSOCIATION' S filed ARTICLES OF INCORPORATION, if any, and all amendments thereto. (6) The ASSOCIATION ' S BY-LAWS and all amendments thereto. (7) All architectural guidelines and all other rules regulating the use of an OWNER' S interest in the subdivision or use of the COMMON AREA which have been promulgated by the ASSOCIATION. M:\C]:i.enl.s\2286\000\doc\f-i.na1\ccrs.1024].7.wnd 73 (8) The plans approved by the local agency or county where THE PROJECT is located for the construction or improvement of facilities that the ASSOCIATION is obligated to maintain or repair; provided, however, that the plans need not be as-built plans and that the plans may bear appropriate restrictions on their commercial exploitation or use and may contain appropriate disclaimers regarding their accuracy. (9) All notice of completion certificates issued for COMMON AREA improvements (other than residential structures) . (10) Any bond or other security device in which the Association is the beneficiary. (11) Any written warranty being transferred to the ASSOCIATION for COMMON AREA equipment, fixtures or improvements . (12) Any insurance policy procured for the benefit of the ASSOCIATION, its BOARD or the COMMON AREA. (13) Any lease or contract to which the ASSOCIATION is a party. (14) The membership register, including mailing addresses and telephone numbers, books of account and minutes of meetings of the MEMBERS, of the ASSOCIATION and of committees of the ASSOCIATION. (1) The recorded subdivision map or maps for THE PROJECT. (2) The recorded condominium plan, if any, and all amendments thereto. (3) The deeds and easements executed by the DECLARANT conveying the COMMON AREA or other interest to the ASSOCIATION, to the extent applicable . (4) The recorded DECLARATION, including all amendments and annexations thereto. (5) The ASSOCIATION'S filed ARTICLES OF INCORPORATION, if any, and all amendments thereto. (6) The ASSOCIATION' S BY-LAWS and all amendments thereto. M:\C1.i_ents\2286\000\doc\f:i na I.\ccrs.1029.1.7.wpd 74 tl w. (7) All architectural guidelines and all other rules regulating the use of an OWNER' S interest in the subdivision or use of the COMMON AREA which have been promulgated by the ASSOCIATION. (8) The plans approved by the local agency or county where THE PROJECT is located for the construction or improvement of facilities that the ASSOCIATION is obligated to maintain or repair; provided, however, that the plans need not be as-built plans and that the plans may bear appropriate restrictions on their commercial exploitation or use and may contain appropriate disclaimers regarding their accuracy. (9) All notice of completion certificates issued for COMMON AREA improvements (other than residential structures) . (10) . Any bond or other security device in which the Association is the beneficiary. (11) Any written warranty being transferred to the ASSOCIATION for COMMON AREA equipment, fixtures or improvements . (12) Any insurance policy procured for the benefit of the ASSOCIATION, its BOARD or the COMMON AREA. (13) Any lease or contract to which the ASSOCIATION is a party. (14) The membership register, including mailing addresses and telephone numbers, books of account and minutes of meetings of the MEMBERS, of the ASSOCIATION and of committees of the ASSOCIATION. (15) Any instrument referred to in Section 11018 . 6 (d) of the California Business and Professions Code but not described above which establishes or defines the common, mutual or reciprocal rights or responsibilities of MEMBERS of the ASSOCIATION. (a) The BOARD shall maintain current copies of the DECLARATION, BY-LAWS, ARTICLES, ASSOCIATION RULES, a membership register, including mailing address and telephone numbers, books of account and minutes of meetings of the MEMBERS and of the BOARD and of committees of the BOARD, financial statements of the ASSOCIATION as required by the BY-LAWS or as may from time-to-time be required by the B.R.E . The BOARD shall make all such documents, books and records available for inspection and copying by any MEMBER of the ASSOCIATION or by his duly appointed representative at any M:\C].i.ent.s\2286\000\doc\f:i.na.l.\ccr.s.10241.7.wpd 75 reasonable time and for a purpose reasonably related to .such OWNER'S interest as a MEMBER, at the office of the ASSOCIATION or at such other place within THE PROJECT as the BOARD shall prescribe and, upon thirty (30) days written request, to lenders and to the holders, insurers or guarantors of any FIRST MORTGAGEE . (b) In the case of the minutes, minutes proposed for adoption that are marked to indicate draft status, or a summary of the minutes of any meeting of the BOARD, other than an executive session, shall be available to members within thirty (30) days of the meeting and shall be distributed to only MEMBERS upon request and payment of cost of reproducing copies of the documents requested. In addition, at the time of distribution of the proforma operating budget required pursuant to Section 2792 . 22 (a) of the Regulations of the California Real Estate Commissioner, or at the time of any general mailing, MEMBERS of the ASSOCIATION shall be notified in writing of their right to have copies of the minutes of meetings of the BOARD and as to how and where those minutes may be obtained and the cost of obtaining such copies . (c) The BOARD shall establish reasonable rules with respect to: (1) Notice to be given to the custodian of the records by the MEMBER desiring to make the inspection. (2) Hours and days of the week when such an inspection may be made. (3) Payment of the cost of reproducing copies of the documents requested by a MEMBER. (d) Every Director shall have the absolute right at any reasonable time to inspect all books, records and documents of the ASSOCIATION and the physical properties owned or controlled by the ASSOCIATION. The right of inspection by a Director includes the right to make extracts and copies of documents . 14 . 09 IMPROVEMENTS TO COMMON AREA. The ASSOCIATION shall have the right from time to time to construct improvements upon the COMMON AREA, provided such improvements are approved by a MAJORITY OF MEMBERS, and by the ARCHITECTURAL COMMITTEE, and provided further that the cost of such improvements during any FISCAL YEAR shall not exceed twenty-five percent . (25%) of the total REGULAR MONTHLY ASSESSMENT for such year. M:\ClienCs\22.86\000\doc\final\ccrs.1.0241.7.wpd 76 14 . 10 AGREEMENTS WITH LENDERS . The ASSOCIATION may enter into such agreements as may be necessary in order to facilitate the financing of RESIDENCE LOTS within THE PROJECT as may be required by prospective lenders, and holders, insurers or guarantors . 14 . 11 GRANT EASEMENTS. The ASSOCIATION shall have the power to grant permits, licenses and easements over the COMMON AREA for utilities, roads and/or other purposes. reasonably necessary or useful for the proper maintenance or operation of THE PROJECT. 14 . 12 ENFORCEMENT OF BONDED OBLIGATIONS . In the event that (a) the COMMON AREA improvements of THE PROJECT are not completed prior to the issuance of a final subdivision public report for THE PROJECT, and (b) the ASSOCIATION is the obligee under a bond or other arrangement ("BOND", herein) required by the B.R.E. to secure the performance of the commitment of DECLARANT to complete such COMMON AREA improvements, the following provisions will be applicable : 14 . 12 . 1 The BOARD shall consider and vote on the question of action by the ASSOCIATION to enforce the obligations under the BOND, with respect to any such improvements for which a notice of completion has not been filed, within sixty (60) days. after the completion date specified for that improvement in the "Planned Construction Statement appended to the BOND. If the ASSOCIATION has given an extension to the DECLARANT in writing for the completion of any such COMMON AREA improvement, the BOARD shall be directed to consider and vote on the said question, if a notice of completion has not been filed for such COMMON AREA improvement, within thirty (30) days after the expiration of the extension. 14 . 12 . 2 A special meeting of MEMBERS called pursuant to the provisions of the BY-LAWS of the ASSOCIATION, for the purpose of voting to override a decision by the BOARD not to initiate legal proceedings to enforce the obligations under the BOND or on the failure of the BOARD to consider the vote on the question, shall be held no less than thirty-five (35) days nor more than forty-five (45) days after receipt by the BOARD of a petition for such a meeting signed by MEMBERS, representing five percent (5%) of the total voting power of the ASSOCIATION. At such special meeting, a vote by MEMBERS of the ASSOCIATION, other than DEVELOPER, shall be had. The vote of a majority of the voting power of the ASSOCIATION residing in MEMBERS other than DECLARANT to institute legal proceedings to enforce the obligations under the BOND shall be deemed to be the decision of the ASSOCIATION, and the BOARD shall thereafter implement such decision by initiating and pursuing M:\Cl:ients\2286\000\doc\fi.nal\ccrs.102417.wpd 77 appropriate legal proceedings in the name of the ASSOCIATION for the enforcement of such BOND. 14 . 13 VIOLATION OF GOVERNING DOCUMENTS . The BOARD shall have the power to adopt a schedule of reasonable fines and penalties for violations of the terms of the DECLARATION and ASSOCIATION RULES by any OWNER, his family, guests, licensee, lessee or invitee. All such fines authorized by this Section shall constitute an INDIVIDUAL ASSESSMENT under Article IV Any schedule of penalties so adopted shall include the power of the ASSOCIATION to suspend the rights of an OWNER, his family, guests, lessees or invitees to use the recreational facilities upon the COMMON AREA of THE PROJECT . All such fines and penalties shall be levied or assessed only after notice and opportunity for hearing as required by law, including Section 7341 of the California Corporations Code. 14 . 13 . 1 If the BOARD adopts or has adopted a policy imposing any monetary penalty, including any fee, on any MEMBER for a violation of the Governing Documents or rules of ,the ASSOCIATION, including any monetary penalty relating to the activities of a guest or invitee of a MEMBER, the BOARD shall adopt and distribute to each member, by personal delivery or first-class mail, a schedule of the monetary penalties that may be assessed for those violations, which shall be in accordance with authorization for MEMBER, discipline contained in the Governing Documents . The BOARD shall not be required to distribute any additional schedules of monetary penalties unless there are changes from the schedule that was adopted and distributed to the MEMBERS pursuant to this Section 14 . 13 . 1 . 14 . 13 .2 When the BOARD is to meet to consider or impose discipline upon a MEMBER, the BOARD shall notify the MEMBER, in writing, by either personal delivery or first-class mail, at least ten (10) days prior to the meeting. The notification shall contain, at a minimum, the date, time, and place of the meeting, the nature of the alleged violation for which a MEMBER may be disciplined, and a statement that the MEMBER has a right to attend and may address the BOARD at the meeting. The BOARD shall meet in executive session if requested by the MEMBER being disciplined. 14 . 13 . 3 If the BOARD imposes discipline on a MEMBER, the BOARD shall provide the MEMBER a written notification of the disciplinary action by either personal delivery or first-class mail, within fifteen (15) days following the action . A disciplinary action shall not be effective against a MEMBER unless the BOARD fulfills the requirements of this Section 14 . 13 . 3 . M:\CI ienl:s\2286\000\doc\f-ina:l.\ccr.s.1.02417.,;_n:: 78 14 . 14 100% APPROVAL REQUIRED. In the exercise of the powers granted to the BOARD by this DECLARATION, the approval of any of the following actions by the BOARD must first be obtained by the vote or written assent of one hundred percent (100%) of each class of MEMBERS: 14 . 14 . 1 The transfer of all or substantially all the assets of the ASSOCIATION. 14 . 14 .2 The filing of a Certificate of Dissolution. 14 . 15 BOARD TO PROVIDE CALIFORNIA CIVIL CODE 4525 DOCUMENTS . The BOARD upon the written request of an OWNER shall, within ten (10) days of the mailing or delivery of such request, provide the OWNER of a LOT in THE PROPERTY with a copy of the documents specified in California Civil Code Section 4525 which have been requested by such OWNER. The items required to be made available pursuant to California Civil Code Sections 4525 and 4530 may be maintained in electronic form and requesting parties shall have the option of receiving them by electronic transmission on machine readable storage media if the ASSOCIATION maintains those items in electronic form. The BOARD may charge a fee for this service, which shall not exceed the ASSOCIATION'S reasonable cost to prepare and reproduce the requested items . END OF ARTICLE XIV M:\CJ.i.en1-s\2286\000\doc\Fin a1\cc'rs.I02417.:•roc: 79 _bll� ARTICLE XV RIGHTS OF LENDERS 15 . 01 ELIGIBLE MORTGAGEE/INSURER DEFINED. For purposes of this Article XV the following terms shall have the following meanings : 15 . 01 . 1 ELIGIBLE MORTGAGEE . "ELIGIBLE MORTGAGEE" shall mean and refer to the holder of a FIRST MORTGAGE on a RESIDENCE LOT who has served a written request upon . the ASSOCIATION pursuant to Section 15 . 02 of this Article XV. 15 . 01 .2 ELIGIBLE INSURER OR GUARANTOR. "ELIGIBLE INSURER" or "ELIGIBLE GUARANTOR" as used herein, shall mean an insurer or governmental guarantor of a FIRST MORTGAGE who has served a written request upon the ASSOCIATION pursuant to Section 15 . 02 of this Article XV. 15 . 01 . 3 PERCENTAGE OF ELIGIBLE MORTGAGEES. Whenever the approval of a specified percentage of ELIGIBLE MORTGAGEES is required pursuant to this Article, it shall be deemed to mean the approval of a specified percentage of only the MORTGAGEES who have served the written notice upon the ASSOCIATION pursuant to Section 15 . 02 herein below. 15 . 02 NOTICE OF ACTION. A FIRST MORTGAGEE upon filing a written request upon the ASSOCIATION identifying the name and address of the FIRST MORTGAGEE, and the name and address of the insurer or governmental guarantor of such FIRST MORTGAGEE together with the LOT number of the RESIDENCE LOT the subject of such FIRST MORTGAGEE' S MORTGAGE shall qualify such MORTGAGEE as an ELIGIBLE MORTGAGEE, as defined in Section 15 . 01 . 1 of this Article XV and such INSURER or GUARANTOR as an ELIGIBLE INSURER or GUARANTOR, as defined in Section 15 . 01 .2 herein above . Upon giving such request, any ELIGIBLE MORTGAGEE, or ELIGIBLE INSURER or GUARANTOR will be entitled to timely written notice of: 15 . 02 . 1 CONDEMNATION. Any condemnation loss or any casualty loss which affects a material portion of THE PROJECT or of any RESIDENCE on which there is a FIRST MORTGAGE held, insured, or guaranteed by such ELIGIBLE MORTGAGEE or ELIGIBLE INSURER or ELIGIBLE GUARANTOR. 15 . 02 .2 DELINQUENCY OF ASSESSMENTS. Any delinquency in the payment of assessments or charges owed by an OWNER of a RESIDENCE LOT subject to a FIRST MORTGAGE held, insured or M:\Clients\2286\000\doc\f.inal\ccrs.1.02417.wpd 80 �� Y guaranteed by such ELIGIBLE MORTGAGEE or ELIGIBLE INSURER or ELIGIBLE GUARANTOR, which remains uncured for a period of sixty days . 15 . 02 . 3 CANCELLATION OF INSURANCE . Any lapse, cancell- ation or material modification of any insurance policy or fidelity bond required to be maintained by the ASSOCIATION pursuant to Article X of this DECLARATION. 15 . 02 . 4 ACTION REQUIRING PERCENTAGE OF MORTGAGEES. Any proposed action which would require the consent of a specified percentage of ELIGIBLE MORTGAGEES pursuant to this Article . 15 . 03 PRIORITY RESERVED. Except as provided in Section 15 . 02 herein above, a MORTGAGEE 'S -rights pursuant to this DECLAR- ATION including, without limitation, the priority of the lien of MORTGAGEES over the lien of assessments levied by the ASSOCIATION pursuant to Article IV of this DECLARATION shall not be affected by the failure to deliver the notice prescribed by said Section 15 . 02 . 15 . 04 PRIORITY OF MORTGAGE LIEN. No breach of the covenants, conditions or restrictions herein contained, nor the enforcement of any lien provisions pursuant to Article IV of this DECLARATION, shall affect, impair, defeat or render invalid the lien or charge of any MORTGAGE made in good faith and for value encumbering any RESIDENCE LOT, but all of said covenants, conditions and restrictions shall be binding upon and effective against any OWNER whose title is derived through foreclosure, trustee ' s sale, or otherwise, with respect to a RESIDENCE LOT. 15 . 05 CURING DEFAULTS. A MORTGAGEE or the immediate transferee of such -MORTGAGEE, who acquires title by judicial foreclosure, deed in lieu of foreclosure or trustee ' s sale shall not be obligated to cure any breach of the provisions of this DECLARATION which is non-curable or of a type which is not prac- ticable or feasible to cure. The determination of the BOARD made in good faith as to whether a breach is non-curable or not feasible to cure shall be final and binding on all MORTGAGEES. 15 . 06 RESALE. It is intended that any loan to facili- tate the resale of any RESIDENCE LOT after judicial foreclosure, deed in lieu of foreclosure or trustee ' s sale is a loan made in good faith and for value and entitled to all of the rights and protection afforded to MORTGAGEES under this DECLARATION. M:\C.L.i.enLs\2286\000\doc\final.\ccrs.102417.wpd 81 15 . 07 RELATIONSHIP WITH ASSESSMENT LIENS . 15 . 07 . 1 The lien prescribed by Section 4 . 15 . 15 (b) of Article IV of this DECLARATION for payment of assessments shall be subordinate to the lien of any FIRST MORTGAGE which was recorded prior to the date of the recordation of the notice of delinquent assessment as prescribed by California Civil Code Sections 5640 and 5660 and pursuant to said Section 4 . 15 . 15 (b) ("PRIOR MORTGAGE", herein) . 15 . 07 .2 FORECLOSURE. If any RESIDENCE LOT subject to a monetary lien created by any provision of Article IV ("ARTICLE IV LIEN", herein) -shall be subject to the lien of a PRIOR MORTGAGE: (i) the foreclosure of any ARTICLE IV LIEN shall not operate to affect or impair the lien of said PRIOR MORTGAGE; and (ii) the foreclosure of the lien of said PRIOR MORTGAGE, or the sale under power of sale included in such MORTGAGE ("FORECLOSURE", herein) shall not operate to affect or impair the ARTICLE IV LIEN; provided, however, that any person who obtains an interest in a RESIDENCE LOT in THE PROJECT through FORECLOSURE, and their successors in interest, shall take title to such RESIDENCE LOT free of .the ARTICLE IV LIEN or any personal obligation for any charges or assessments pursuant to said ARTICLE IV which have accrued up to the time of FORECLOSURE (except for claims for a pro-rata share of such assessments or charges to all RESIDENCE LOTS in THE PROJECT, including the mortgaged RESIDENCE LOT, that shall accrue upon such RESIDENCE LOT subsequent to FORECLOSURE) . 15 . 07 . 3 OWNER LIABLE. Nothing in this Section shall be construed to release any OWNER from his obligations to pay for any assessments levied pursuant to Article IV of the DECLARATION, while such OWNER is an OWNER as defined in Section 1 . 17 of the DECLARATION. 15 . 08 CONSENT FOR RESTORATION OR REPAIR. Any restora- tion or repair of THE PROJECT, after a partial condemnation or partial damage due to an insurable hazard, shall be performed substantially in accordance with the DECLARATION and the original .plans and specifications, unless other action is approved by not less than fifty-one percent (51%) of the ELIGIBLE MORTGAGEES . 15 . 09 TERMINATION OF PROJECT. 15 . 09 . 1 ELECTION TO TERMINATE (CONDEMNATION/DESTRUCTION) . Any election to terminate the legal status of THE PROJECT as a Planned Development after substantial destruction or a .substantial taking in condemnation of PROJECT property must have the approval of fifty-one percent (510) of the ELIGIBLE MORTGAGEES. M:\Cl:ients\2286\000\doc\final.\ccrs.10241'7.wpd 82 15 . 09 . 2 AMENDMENTS OR ELECTION TO TERMINATE FOR OTHER REASONS. After the conveyance of a LOT to an OWNER other than . the DECLARANT, unless sixty-seven percent (670) of the total voting power of the ASSOCIATION or at least sixty-seven percent (670) of all ELIGIBLE MORTGAGEES (based upon one vote for each ELIGIBLE MORTGAGE owned) have given their prior written approval, neither the ASSOCIATION nor the OWNERS shall be entitled to: (a) By act or omission, seek to abandon, partition, subdivide, encumber, sell or transfer the COMMON AREA. However, the granting of easements for public utilities or for other public purposes consistent with the intended use of such COMMON AREA by the ASSOCIATION shall not be deemed a transfer within the meaning of this clause; (b) Change the method of determining the obliga- tions, assessments, dues or other charges which may be levied against an OWNER; (c) By act or omission change, waive or abandon the provisions of this DECLARATION, or the enforcement of them, pertaining to the architectural design or, control of the exterior appearance of RESIDENCES, the exterior maintenance of RESIDENCES, the maintenance of the COMMON AREA, including party walls, party walks, common fences and driveways, or the upkeep of lawns and plantings in THE PROJECT; (d) Fail to maintain fire and extended coverage on insurable COMMON AREA property on a current replacement cost basis in an amount not less than one hundred percent (1000) of the insurable value (based on current replacement costs) ; (e) Use hazard insurance proceeds for losses to any ASSOCIATION property, including COMMON AREA for other then the repair, replacement or reconstruction of such COMMON AREA. 15 . 10 TERMINATION OF PROFESSIONAL MANAGEMENT. When professional management has been required by any ELIGIBLE MORTGAGEE or ELIGIBLE INSURER or ELIGIBLE GUARANTOR, whether such entity became an ELIGIBLE MORTGAGEE or ELIGIBLE INSURER or ELIGIBLE GUARANTOR at that time or later, any decision to establish self- management by the ASSOCIATION shall require the prior consent of not less than sixty-seven percent (67%) of the voting power of the ASSOCIATION and the approval of not less than fifty-one percent (510) of the ELIGIBLE MORTGAGEES . 15 . 11 MATERIAL AMENDMENTS . In addition to the requirements of Section 16 . 04 . 2 of this DECLARATION, and unless a M:\Cli.ents\2286\000\doc\final\ccrs.10241.7.wpd 83 �g greater percentage is expressly required by this DECLARATION, the ARTICLES, the BY-LAWS, or by-law, the prior written consent - (or deemed consent as provided below in this Section) of ELIGIBLE MORTGAGEES of LOTS that have at least fifty-one percent (510) of the votes of all LOTS encumbered by ELIGIBLE MORTGAGES, and the approval of MEMBERS who represent sixty-seven percent (67%) of the total allocated votes in the ASSOCIATION shall be required to add or amend any material provision of this DECLARATION, the BY-LAWS, the ARTICLES or the subdivision map which establish, provide for, govern or regulate any of the following: 15 . 11 . 1 Voting; 15 . 11 . 2 Assessments, collection of assessments, assessment liens or subordination of such liens; 15 . 11 . 3 Reserves for maintenance, repair and replacement of the COMMON AREA and all improvements located on it; 15 . 11 . 4 Casualty and liability insurance or fidelity bonds; 15 . 11 . 5 Rights to use of the COMMON AREA; 15 . 11 . 6 Responsibility for maintenance and repair of LOTS and COMMON AREA and all improvements thereon; 15 . 11 . 7 Expansion or contraction of the PROJECT for the addition, annexation, or withdrawal of property to or from the PROJECT; 15 . 11 . 8 The interest or rights of the ASSOCIATION or OWNERS in and to the COMMON AREA; 15 . 11 . 9 Convertibility of LOTS into COMMON AREA or of COMMON AREA into LOTS; 15 . 11 . 10 Imposition of any right of first refusal or similar restriction on the right of an OWNER to sell, transfer, or otherwise convey his or her RESIDENCE LOT. 15 . 11 . 11 Any provisions which are for express benefit of FIRST MORTGAGEES, ELIGIBLE MORTGAGEES or ELIGIBLE INSURERS or GUARANTORS . An addition or amendment to the aforementioned documents shall not be considered material if it is for the purpose of M:\C:I..i ent..s\2286\000\dor.\f:i.na]-\cors..1.0241'7.wpd 84 correcting technical errors, or for clarification only. Any FIRST MORTGAGEE who receives a written request to consent to additions or amendments requiring consent under this provision who does not deliver or post to the requesting party a negative response within thirty (30) days after such receipt shall be deemed to have . consented to such request. 15 . 12 RIGHT OF FIRST REFUSAL. Unless this DECLARATION shall be amended pursuant to Section 15 . 11 of this Article XV, the right of an OWNER to sell, transfer, or otherwise convey his RESIDENCE LOT shall not be subject to any right of first refusal or similar restriction. Any right of first refusal which may be added to this DECLARATION or any other management documents shall not impair the rights of a FIRST MORTGAGEE to: 15 . 12 . 1 Foreclose or take title to a RESIDENCE LOT pursuant to the remedies provided in the MORTGAGE, or 15 . 12 .2 Accept a deed (or assignment) in lieu of foreclosure in the event of default by a MORTGAGER, or 15 . 12 . 3 Sell or lease a RESIDENCE LOT acquired by the MORTGAGEE. 15 . 13 OTHER RIGHTS OF FIRST MORTGAGEES. Any FIRST MORTGAGEE shall upon written request to the ASSOCIATION, be entitled to: 15 . 13 . 1 Receive an annual audited financial statement of the ASSOCIATION at the times and subject to the conditions prescribed by Section 14 . 07 herein above. 15 . 13 . 2 Receive written notice of all annual and special meetings of the MEMBERS or of the BOARD. The FIRST MORTGAGEES shall further be entitled to designate a representative to attend all such meetings in order to, among other things, draw attention to violations of this DECLARATION which have not been corrected or made the subject of remedial action by the ASSOCIATION; provided, however, nothing contained in this Section 15 . 13 shall give a FIRST MORTGAGEE the right to call a meeting of the BOARD or of the MEMBERS for any purpose or to vote at any such meeting; and 15 . 13 . 3 Receive written notification from the ASSOCIA- TION of any default in the performance of the obligations imposed by this DECLARATION by the OWNER whose RESIDENCE LOT is encumbered by such FIRST MORTGAGE, which default has not been cured within sixty (60) days of a request therefore by the ASSOCIATION. M:\C1.i.enL5\2286\000\doc\fina]\ccrs.1.02417.wpd 85 15 . 13 . 4 Nothing in this DECLARATION shall require a FIRST MORTGAGEE to collect any assessments prescribed by the provisions of Article IV of this DECLARATION. 15 . 14 MORTGAGEE INFORMATION. MORTGAGEES are hereby authorized to furnish information to the BOARD concerning the status of any MORTGAGE . 15 . 15 CONFLICTS. In the event of any conflict between any of the provisions of this Article XV and any of the other provisions of this DECLARATION, the provisions of this Article XV shall control . 15 . 16 PAYMENT OF TAXES . FIRST MORTGAGEES may jointly or singly, pay taxes or other charges which are in default and which may or have become a charge against the COMMON AREA, unless such taxes or charges are separately assessed against the RESIDENCE LOTS, in which case the rights of FIRST MORTGAGEES shall be governed by the provisions of their MORTGAGES . FIRST MORTGAGEES may, jointly or singly, also pay overdue premiums on hazard insurance policy, or secure new hazard insurance coverage on the lapse of a policy, for the COMMON AREA, and FIRST MORTGAGEES making such payments shall be owed immediate reimbursement therefor from the ASSOCIATION. Entitlement to' such reimbursement shall be reflected in an agreement in favor of any FIRST MORTGAGEE which requires the same to be executed by the ASSOCIATION. 15 . 17 PRIORITY IN DISTRIBUTION OF INSURANCE PROCEEDS. No OWNER, or any other party, shall have priority over any right of institutional FIRST MORTGAGEES of LOTS pursuant to their MORTGAGES in case of a distribution of OWNER' S of insurance proceeds or condemnation awards for losses to or a taking of LOTS or COMMON AREA. Any provisions to the contrary of this DECLARATION or in the BY-LAWS or other documents relating to THE PROJECT is to such extent void. All applicable fire and all physical loss or extended coverage insurance policies shall contain loss payable clauses acceptable to the affected institutional FIRST MORTGAGEES, naming the MORTGAGEES as their interests may appear. END OF ARTICLE XV M:\CJ-ienl..s\2286\000\doc\final\ccrs.1.0241.7.wpd 86 ARTICLE XVI MISCELLANEOUS 16 . 01 ACCEPTANCE OF PROVISIONS BY GRANTEES. The ASSOCIATION and each GRANTEE of any part or portion of or interest in the PROJECT, and any purchaser under any grant deed or contract of sale, or any lessee under any lease covering any part of portion of or interest in the PROJECT, whether from DECLARANT or a subsequent OWNER, shall accept the same subject to all of the restrictions, conditions, covenants, reservations, easements, liens and charges set forth in this DECLARATION; and by such acceptance of himself, his heirs, personal representatives, successors and assigns, agrees with DECLARANT and with the grantees and subsequent OWNERS of any part or portion of or interest in THE PROJECT to keep, observe and .comply with this DECLARATION, and to perform all obligations on his part thereunder. 16 . 02 ENFORCEMENT OF DECLARATION. The following persons or entities shall have the right to enforce, by any proceeding at law or in equity, all restrictions, covenants, conditions and reservations now or hereafter imposed by the provisions of this DECLARATION or any amendments thereto, including the right to prevent the violation of any such restrictions, conditions, covenants or reservations and the right to recover damages or other dues for such violation. . 16 . 02 . 1 The DECLARANT, so long as DECLARANT owns a RESIDENCE LOT in THE PROJECT; 16 . 02 . 2 Any OWNER of a RESIDENCE LOT within THE PROJECT, and 16 . 02 . 3 The ASSOCIATION. 16 . 02 . 4 The ASSOCIATION shall. have the exclusive right to the enforcement of all assessments prescribed by Article IV of this DECLARATION. 16 . 02 . 5 The failure of any person or entity entitled to enforce the provisions of this DECLARATION pursuant to this Article in any certain instance or on any particular occasion, shall not be deemed a waiver of such right on any future breach of the same covenant, condition or restriction. 16 . 03 TERM. This DECLARATION and the covenants, conditions, easements and restrictions contained herein shall be M:\Clients\2286\000\doc\fJ-na]Accrs.102417.wod 87 and remain in full force and effect for a term of sixty (60) years from the date this DECLARATION is recorded in the office of the COUNTY Recorder, after which time such DECLARATION and the covenants, provisions, easements and restrictions contained therein shall be automatically extended for successive periods of ten (10) years each unless an instrument, signed by percentage of ELIGIBLE MORTGAGEES and the voting power of the ASSOCIATION prescribed by Section 15 . 09 . 2 herein above has been recorded at least one (1) year prior to the end of such period in the office of the COUNTY Recorder, agreeing to change this DECLARATION in whole or in part . 16 . 04 AMENDMENTS . 16 . 04 . 1 BEFORE CLOSE OF FIRST SALE. Before the close of the first sale of a LOT in THE PROJECT to a purchaser other than DECLARANT, the DECLARATION and any amendments to it may be amended in any respect or revoked by the execution by DECLARANT and any MORTGAGEE of record of an instrument amending or revoking this DECLARATION. The amending or revoking instrument shall make appropriate reference to this DECLARATION and its amendments and shall be acknowledged and recorded in the office of the COUNTY Recorder. 16 . 04 ..2 AFTER CLOSE OF FIRST SALE . After the close of the first sale of a LOT in THE PROJECT to a purchaser other than DECLARANT, this DECLARATION (subject to the rights of lenders relating to "material" amendments in Section 15 . 11 herein below) may be amended or revoked in any respect in the following manner: (a) For so long as there are two (2) classes of members, by the vote or written assent of sixty-six and two-thirds percent (66 2/30) of the voting power of each class of membership. (b) Upon the conversion of Class B memberships in the ASSOCIATION to Class A memberships, by the vote or written assent of members representing sixty-six and two-thirds percent (66 2/3%) of the voting power of the ASSOCIATION and by a bare majority of the votes of MEMBERS other than DECLARANT. (c) The percentage of the voting power necessary to amend a specific clause or provision of this DECLARATION shall not be less than the percentage of affirmative votes prescribed for action to be taken under that clause or provision. (d) Any amendment or revocation of this DECLARATION subsequent to the close of such first sale shall be evidenced by an instrument certified by the Secretary or other duly authorized officer of the ASSOCIATION which certificate shall make appropriate M:\Clients\2286\000\doc\final.\ccr.s.10247.'7.wpd 88 reference to this DECLARATION and its amendments and shall be acknowledged and recorded in the office of the COUNTY Recorder. (e) If the consent or approval of any governmental authority, MORTGAGEE or other persons, firm, agency or entity is required under this DECLARATION with respect to any amendment or revocation of any provision of this DECLARATION, no such amendment or revocation shall become effective unless such consent or approval is obtained. (f) All amendments or revocations of this DECLARATION shall comply with the provisions of California Business and Professions Code 11018 . 7 to the extent said Section is applicable. (g) To the extent any provision of this Article XVI is in conflict with Article XV of this DECLARATION entitled "RIGHTS OF LENDERS" or any other provision of this DECLARATION, the provisions of said Article XV entitled "RIGHTS OF LENDERS" or such other provision shall control . (h) It is the intent of DECLARANT that this DECLARATION and the ARTICLES and BY-LAWS of the ASSOCIATION and THE PROJECT in general, shall now and in the future meet all requirements necessary to purchase, guarantee, insure, or subsidize any MORTGAGE of a RESIDENCE LOT in THE PROJECT by the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, and the Federal Housing Administration . The BOARD and each OWNER shall take any action or shall adopt any resolutions required by DECLARANT or any MORTGAGEE to conform this DECLARATION or THE PROJECT to the requirements of any of said entities . 16 . 05 CONSTRUCTION. The provisions of this DECLARATION shall be liberally construed to effectuate its purpose of creating a uniform plan for the operation of a Planned Development upon all property, the subject of this DECLARATION, and this DECLARATION shall be construed and governed in accordance with California law. 16 . 06 NOTIFICATION OF MORTGAGEE . Each OWNER of a RESIDENCE LOT shall notify the BOARD, through the Secretary of the ASSOCIATION, of the name and address of the holders of all FIRST MORTGAGES, encumbering such OWNER'S RESIDENCE LOT. Each OWNER shall also notify the BOARD, through the Secretary of the ASSOCIATION, of the release or discharge of any such FIRST MORTGAGE. The BOARD shall maintain a record of the names and addresses of the holders of FIRST MORTGAGES as to which it receives notice pursuant to the provisions of this Section 16. 06 and shall M:\C.li.ents\2286\000\doc\f:i.nal.\ccrs.102417.wpd 89 provide the holders of all such FIRST MORTGAGES as to which it receives notice with the following: 16 . 06. 1 Written notification at least thirty (30) days prior to the effective date of any change in this DECLARATION, the ARTICLES, and the BY-LAWS. 16 . 06 .2 Written notification of any default by an OWNER of the obligations of such OWNER established by this DECLARATION, the ARTICLES or the BY-LAWS which is not cured within thirty (30) days after default. The notice prescribed by this subsection 16. 06 .2 shall be given only to the holders of FIRST MORTGAGES upon the RESIDENCE LOT owned by the OWNER in default. 16 . 07 SEVERABILITY. The provisions of this DECLARATION shall be deemed independent and severable . The invalidity or partial invalidity or unenforceability of any of the provisions of the DECLARATION shall not affect the validity of the remaining provisions . 16 . 08 SUCCESSORS AND ASSIGNS. This DECLARATION shall inure to the benefit of and be binding upon the successors and assigns of DECLARANT, and to the heirs, personal representatives, grantees, lessees, successors and assigns of the OWNERS . 16 . 09 REMEDIES CUMULATIVE. Each remedy provided for by this DECLARATION for the breach of any of the covenants, conditions, restrictions, reservations, easements, liens or charges contained herein shall be in addition to any other available remedy whether provided for by law or in equity, and all of such remedies whether provided for by this DECLARATION or otherwise shall be cumulative and not exclusive . 16 . 10 DELIVERY OF NOTICES AND DOCUMENTS . Any written notice or other document relating to or required by this DECLARA- TION may be delivered personally or by mail. If by mail, such notice, unless expressly provided herein or in the BY-LAWS to the contrary with regard to the type of notice to be given, shall be deemed to have been delivered and seventy-two (72) hours after a copy thereof is deposited in the United States mail, first class or registered, postage and fees prepaid, addressed as follows : 16 . 10 . 1 If to an OWNER, other than DECLARANT, to the address of any RESIDENCE LOT in THE PROJECT owned by him, in whole or in part, or to the address last furnished by such OWNER to the Secretary of the ASSOCIATION for the purpose of giving notice and delivering documents . Each OWNER, other than DECLARANT, shall file in writing with the BOARD promptly upon becoming an OWNER his M:\Clients\2286\000\doc\fina.l\ccrs.10241 /.wpd 90 address for the purpose of giving notice and delivering documents, and shall promptly notify the BOARD in writing of any subsequent change of address . 16 . 10 .2 If to the DECLARANT, whether in its capacity as an OWNER, or in any other capacity: BN 5499 L. P. 7030 N. Fruit Ave, #101 Fresno, CA 93711 16 . 10 . 3 If to the ARCHITECTURAL COMMITTEE, to the Secretary of the ASSOCIATION. 16 . 10 . 4 Prior to the initial organizational meeting of the MEMBERS, notices to the BOARD shall be addressed to the address set forth in this Section 16. 10 . 4 for the giving of notices to the DECLARANT. Thereafter, notices to the BOARD shall be addressed to the Secretary of the ASSOCIATION, and the BOARD shall cause the address of the Secretary of the ASSOCIATION to be posted at all times in a conspicuous place upon the COMMON AREA of THE PROJECT. Notice of the address of the Secretary of the ASSOCIATION shall be given by the BOARD to each OWNER within a reasonable time after the BOARD has received actual notice of such OWNER' S purchase of a RESIDENCE LOT. 16 . 11 NOTIFICATION OF SALE OF RESIDENCE LOT. Concur- rently with the consummation of the sale of any RESIDENCE LOT under circumstances whereby the transferee becomes an OWNER thereof, the transferee shall notify the BOARD in writing of such sale . Such notification shall set forth (i) the name of the transferee and his transferor, (ii) the street address or unit number of the RESIDENCE LOT purchased by the transferee, (iii) the transferee ' s mailing address, and (iv) the date of sale. Prior to receipt of such notification, any and all communication required or permitted to be given by DECLARANT, the BOARD, the ASSOCIATION, or the ARCHITECTURAL COMMITTEE shall be deemed to be duly made and given to the transferee if duly and timely made and given to said transferee ' s transferor. 16 . 12 DOCUMENTS TO BE PROVIDED TO PROSPECTIVE PURCHASER. The OWNER of a LOT in THE PROJECT shall, as soon as practicable before transfer of title to such LOT or execution of a sales contract for such LOT (as said term is defined in Section 2985 of the California Civil Code) provide the following to the prospective purchaser: M:\CI ienl.s\22.86\000\doc\f:Lna.l.\cc.rs.1.0241.7.wpd 91 (a) A copy of the Governing Documents of THE PROJECT. (b) If there is a restriction in the Governing Documents limiting the occupancy, residency, or use of a residence on the basis of age in any manner different from that provided in Section 51 . 3 of the California Civil Code, a statement that the restriction is only enforceable to the extent permitted by said Section 51 . 3 and a statement specifying the applicable provisions of said Section 51 . 3 . (c) A copy of the most recent financial statement distributed pursuant to Section 5305 of the California Civil Code. (d) A true statement in writing from an authorized representative of the ASSOCIATION as to the amount of the . ASSOCIATION' S current REGULAR and SPECIAL ASSESSMENTS and fees, as well as any assessments levied upon the LOT which are unpaid on the date of the statement . The statement shall also include true information on late charges, interest and costs of collection which, as of the date of the statement, are or may be made a lien on such LOT. (e) A copy of any notice received by the OWNER of any change in the ASSOCIATION' S current REGULAR and SPECIAL ASSESSMENTS and fees which have been approved by the BOARD, but have not become due and payable as of the date disclosure is provided pursuant to this Section 16. 12 . Upon written request, the ASSOCIATION shall, within ten (10) days of the mailing or delivery of the request, provide the OWNER of a LOT in THE PROJECT with a copy of the requested items specified in Section (a) to (e) of this Section 16 . 12 . The ASSOCIATION may charge a fee for this service, which shall not exceed the ASSOCIATION' S reasonable cost to prepare and reproduce the requested items . Any person or entity who willfully violates this shall be liable to the buyer of a LOT in THE PROJECT for actual damages occasioned thereby and, in addition, shall pay a civil penalty in an amount not to exceed $500 . 00 . In an action to enforce this liability, the prevailing party shall be awarded reasonable attorney' s fees . Nothing in this Section 16. 12 affects the validity of title to real property transferred in violation of this Section 16. 12 . M:\Ci-Lent s\2.2.86\000\doc\f--i.nal-\cc r.,.1.0241.7.wpd 92 06, In addition to the requirements of Section 16 . 12 of this DECLARATION, an OWNER transferring title to a LOT in THE PROJECT shall comply with the applicable requirements of Sections 1133 and 1134 of the California Civil Code. 16 . 13 JOINT AND SEVERAL LIABILITY. In the event of joint ownership of a RESIDENCE LOT, the liability of each of the OWNERS thereof in connection with the liability and obligations of OWNERS set forth in or imposed by this DECLARATION shall be joint and several . 16.14 PRE-ARBITRATION DISPUTE RESOLUTION PROCEDURES. DECLARANT, EACH OWNER AND THE ASSOCIATION AGREE TO FOLLOW THE PRE- ARBITRATION DISPUTE RESOLUTION PROCEDURES SET FORTH BELOW: 16.14 . 1 NOTIFICATION. EACH OWNER AND THE ASSOCIATION AGREE TO PROVIDE DECLARANT WITH WRITTEN NOTICE OF ANY MATTERS RELATING TO A DISPUTE AS SOON AS IS REASONABLY POSSIBLE AFTER ANY OWNER OR THE ASSOCIATION BECOMES AWARE, OR SHOULD HAVE BECOME AWARE, OF SUCH MATTERS AND DISPUTES. NOTICE TO DECLARANT UNDER THIS SUBSECTION 16.14. 1 DOES NOT CONSTITUTE NOTICE OF A CLAIM, OR ANY OTHER NOTICE, UNDER CIVIL CODE SECTIONS 895 ET SEQ. , FOUND AT TITLE 7 OF THE CALIFORNIA CIVIL CODE, ENTITLED "REQUIREMENTS FOR ACTIONS FOR CONSTRUCTION DEFECTS" . 16 . 14 .2 COOPERATION.. EACH OWNER AND THE ASSOCIATION AGREE TO PROVIDE DECLARANT AND ITS REPRESENTATIVES WITH PROMPT, REASONABLE COOPERATION, IN ORDER TO FACILITATE DECLARANT' S INVESTIGATION REGARDING THE DISPUTE, INCLUDING WITHOUT LIMITATION, FOR PURPOSES OF INSPECTING, TESTING, REPAIRING, REPLACING, CORRECTING OR OTHERWISE ADDRESSING MATTERS RELATED TO THE DISPUTE. 16. 14 .3 MEDIATION. UPON THEIR MUTUAL AGREEMENT, DECLARANT, EACH OWNER AND THE ASSOCIATION AGREE TO VOLUNTARY MEDIATION OF THE DISPUTE BEFORE A MUTUALLY-AGREEABLE NEUTRAL MEDIATOR, IN WHICH CASE, DECLARANT AGREES TO PAY THE MEDIATOR' S FEES FOR A ONE-HALF DAY MEDIATION SESSION. A DECISION TO MEDIATE OR NOT TO MEDIATE BY ANY PARTY IS WITHOUT PREJUDICE TO THAT PARTY' S RIGHTS. 16. 15 ARBITRATION OF DISPUTES. 16.15. 1 SCOPE OF DISPUTES. BY EXECUTING THIS DECLARATION DECLARANT, AND BY ACCEPTING A DEED TO ANY PORTION OF THE PROPERTY, EACH OWNER AND THE ASSOCIATION, SHALL BE DEEMED TO M:\C1ients\2286\000\doc\fin:)]Accrs.]0241'7.wpd 93 a � HAVE AGREED TO HAVE ANY AND ALL CLAIMS, CONTROVERSIES, BREACHES OR DISPUTES (EACH A "DISPUTE") BY OR BETWEEN DECLARANT, ANY OWNER OR THE ASSOCIATION (COLLECTIVELY THE "PARTIES") HERETO ARISING OUT OF OR RELATED TO A CLAIM FOR DEFECTS IN DESIGN OR CONSTRUCTION OF . IMPROVEMENTS WITHIN THE PROJECT OR BASED UPON CLAIMS FOR DECLARATORY RELIEF OR ENFORCEMENT OF THIS DECLARATION, THE BY—LAWS OR THE ASSOCIATION RULES, WHETHER SUCH DISPUTE IS BASED ON CONTRACT, TORT, STATUTE, OR EQUITY, INCLUDING WITHOUT LIMITATION, ANY DISPUTE OVER (1) BREACH OF CONTRACT, (2) NEGLIGENT OR INTENTIONAL MISREPRESENTATION OR FRAUD, (3) NONDISCLOSURE, (4) BREACH OF ANY ALLEGED DUTY OF GOOD FAITH AND FAIR DEALING, (5) ALLEGATIONS OF LATENT OR PATENT CONSTRUCTION DEFECTS OR DESIGN DEFECTS PERTAINING TO THE PROJECT, INCLUDING WITHOUT LIMITATION, THE PLANNING, SURVEYING, DESIGN, ENGINEERING, GRADING, SPECIFICATIONS, CONSTRUCTION OR OTHER DEVELOPMENT OF THE PROJECT, INCLUDING ANY CLAIM UNDER CALIFORNIA CIVIL CODE SECTIONS 895 ET SEQ. , OR (6) ANY OTHER MATTER ARISING OUT OF OR RELATED TO THE INTERPRETATION OF ANY TERM OR PROVISION OF THIS DECLARATION, THE BY—LAWS, THE ASSOCIATION RULES OR THIS SECTION 16.15, OR ANY DEFENSE GOING TO THE FORMATION OR VALIDITY OF THIS DECLARATION, THE BY—LAWS, THE ASSOCIATION RULES, OR THIS SECTION 16.15, INCLUDING, WITHOUT LIMITATION, ALLEGATIONS OF UNCONSCIONABILITY, FRAUD IN THE INDUCEMENT, OR FRAUD IN THE EXECUTION SHALL BE SUBJECT TO BINDING ARBITRATION AS SET FORTH IN THIS SECTION 16.15. 16.15.2 SELF—EXECUTING NATURE. THIS SECTION 16. 15 SHALL BE DEEMED TO BE A SELF—EXECUTING ARBITRATION AGREEMENT. ANY DISPUTE CONCERNING THE INTERPRETATION OR THE ENFORCEABILITY OF THIS SECTION 16.15, INCLUDING, WITHOUT LIMITATION, ITS REVOCABILITY OR VOIDABILITY FOR ANY CAUSE, ANY CHALLENGES TO THE ENFORCEMENT OR THE VALIDITY OF THIS DECLARATION, THE BY—LAWS, THE ASSOCIATION RULES, OR THIS SECTION 16. 15, OR THE SCOPE OF ARBITRAL ISSUES UNDER THIS SECTION 16. 15, AND ANY DEFENSE RELATING TO THE ENFORCEMENT OF THIS SECTION 16.15, INCLUDING, WITHOUT LIMITATION, WAIVER, ESTOPPEL, OR LACHES, SHALL BE DECIDED BY AN ARBITRATOR IN ACCORDANCE WITH THIS SECTION 16.15 AND NOT BY A COURT OF LAW. 16.15.3 FORUM FOR ARBITRATION. ALL DISPUTES SHALL BE SUBMITTED TO BINDING ARBITRATION BY AND PURSUANT TO THE STREAMLINED ARBITRATION RULES AND PROCEDURES OF JAMS IN EFFECT AT THE TIME OF THE INITIATION OF THE ARBITRATION. IN THE EVENT JAMS IS FOR ANY REASON UNWILLING OR UNABLE TO SERVE AS THE ARBITRATION SERVICE, THE PARTIES SHALL SELECT ANOTHER REPUTABLE ARBITRATION SERVICE. IF THE PARTIES ARE UNABLE TO AGREE ON AN ALTERNATIVE SERVICE, THEN EITHER v:\C1i.enL-s\2286\000\doc\final\ccrs.10241.7.wpd 94 r G 1` PARTY MAY PETITION ANY COURT OF COMPETENT JURISDICTION IN THE COUNTY IN WHICH THE ' PROPERTY IS LOCATED TO APPOINT SUCH AN ALTERNATIVE SERVICE, .WHICH SHALL BE BINDING ON THE PARTIES. THE RULES AND PROCEDURES OF SUCH ALTERNATIVE SERVICE IN EFFECT AT THE TIME THE REQUEST FOR ARBITRATION IS SUBMITTED SHALL BE FOLLOWED. 16. 15. 4 GENERAL ARBITRATION PROVISIONS. (a) THE PARTIES EXPRESSLY AGREE AND ACKNOWLEDGE THAT THIS DECLARATION, THE BY-LAWS, THE ASSOCIATION RULES, THE PROJECT AND THIS SECTION 16.15 INVOLVE AND CONCERN INTERSTATE COMMERCE AND ARE GOVERNED BY THE PROVISIONS OF THE FEDERAL ARBITRATION ACT (9 U.S .C. §1, ET SEQ. ) NOW IN EFFECT AND AS THE SAME MAY FROM TIME TO TIME BE AMENDED, TO THE EXCLUSION OF ANY DIFFERENT OR INCONSISTENT STATE OR LOCAL LAW, ORDINANCE, REGULATION, OR JUDICIAL RULE. ACCORDINGLY, EXCEPT AS SET FORTH HEREIN, ANY AND ALL DISPUTES SHALL BE ARBITRATED - WHICH ARBITRATION SHALL BE MANDATORY AND BINDING - PURSUANT TO THE FEDERAL ARBITRATION ACT. (b) THIS SECTION 16.15 SHALL INURE TO THE BENEFIT OF, AND BE ENFORCEABLE BY, DECLARANT IS CONTRACTORS, SUBCONTRACTORS, AGENTS, VENDORS, SUPPLIERS, DESIGN PROFESSIONALS, INSURERS AND ANY OTHER PERSON WHOM DECLARANT, ANY OWNER AND/OR THE ASSOCIATION CONTEND IS RESPONSIBLE, IN WHOLE OR IN PART, FOR ANY DISPUTE, INCLUDING WITHOUT LIMITATION, ANY ALLEGED DEFECT IN OR TO THE PROJECT, OR ANY IMPROVEMENT OR APPURTENANCE THERETO. THE PARTIES CONTEMPLATE THE INCLUSION OF SUCH PARTIES IN ANY ARBITRATION OF A DISPUTE AND AGREE THAT THE INCLUSION OF SUCH PARTIES WILL NOT EFFECT THE ENFORCEABILITY OF THIS ARBITRATION AGREEMENT. (c) IN THE EVENT ANY DISPUTE IS SUBMITTED TO ARBITRATION, EACH PARTY TO THE ARBITRATION SHALL BEAR ITS OWN ATTORNEYS' FEES AND COSTS (INCLUDING EXPERT COSTS) FOR THE ARBITRATION. (d) THE ARBITRATOR SHALL BE AUTHORIZED TO PROVIDE ALL RECOGNIZED REMEDIES AVAILABLE IN LAW OR IN EQUITY FOR ANY CAUSE OF ACTION THAT IS THE BASIS OF THE ARBITRATION. THE DECISION OF THE ARBITRATOR SHALL BE FINAL AND BINDING. DECLARANT, THE OWNERS AND THE ASSOCIATION EXPRESSLY AGREE THAT AN APPLICATION TO CONFIRM, VACATE, MODIFY OR CORRECT AN AWARD RENDERED BY THE ARBITRATOR SHALL BE FILED IN ANY COURT OF COMPETENT JURISDICTION IN THE COUNTY IN WHICH THE PROJECT IS LOCATED. M:\Clients\2286\000\doc\fi rnnl\cc.rs.1 0241"/.%.a_od 95 ckkl 1 (e) TO THE EXTENT THAT ANY STATE OR LOCAL LAW, ORDINANCE, REGULATION, OR JUDICIAL RULE IS INCONSISTENT WITH ANY PROVISION OF THE RULES OF THE ARBITRATION SERVICE UNDER WHICH THE ARBITRATION PROCEEDING SHALL BE CONDUCTED, THE LATTER RULES SHALL GOVERN THE CONDUCT OF THE PROCEEDING. (f) THE PARTICIPATION BY ANY PARTY, OR ANY PARTY WHOM DECLARANT, ANY OWNER AND/OR THE ASSOCIATION CONTEND IS RESPONSIBLE FOR A DISPUTE, IN ANY JUDICIAL PROCEEDING CONCERNING THIS ARBITRATION AGREEMENT, OR A DISPUTE, OR ANY MATTER ARBITRAL HEREUNDER, SHALL NOT BE ASSERTED OR ACCEPTED AS A REASON TO DELAY OR STAY ARBITRATION, TO REFUSE TO PARTICIPATE IN ARBITRATION, TO REFUSE TO ENFORCE THIS ARBITRATION AGREEMENT, OR TO REFUSE TO COMPEL ARBITRATION, INCLUDING WHERE THE JUDICIAL PROCEEDING INVOLVES PARTIES NOT SUBJECT TO THIS ARBITRATION AGREEMENT AND/OR WHO CANNOT OTHERWISE BE COMPELLED TO ARBITRATE. (g) THE FEES TO INITIATE THE ARBITRATION SHALL BE ADVANCED BY THE DECLARANT AND SUBSEQUENT FEES AND COSTS OF THE ARBITRATION AND/OR THE ARBITRATOR SHALL BE BORNE EQUALLY BY THE PARTIES TO THE ARBITRATION; PROVIDED, HOWEVER, THAT THE FEES AND COSTS OF THE ARBITRATION AND/OR THE ARBITRATOR SHALL ULTIMATELY BE BORNE AS DETERMINED BY THE ARBITRATOR. (h) THE ARBITRATOR APPOINTED TO SERVE SHALL BE A NEUTRAL AND IMPARTIAL INDIVIDUAL. (i) THE VENUE OF THE ARBITRATION SHALL BE IN THE COUNTY WHERE THE PROJECT IS LOCATED UNLESS THE PARTIES AGREE IN WRITING TO ANOTHER LOCATION. (j) IF ANY PROVISION OF THIS SECTION 16. 15 SHALL BE DETERMINED TO BE UNENFORCEABLE OR TO HAVE BEEN WAIVED, THE REMAINING PROVISIONS SHALL BE DEEMED TO BE SEVERABLE THEREFROM AND ENFORCEABLE ACCORDING TO THEIR TERMS. NOTICE: BY EXECUTING THIS DECLARATION DECLARANT, AND BY ACCEPTING A DEED TO ANY PORTION OF THE PROPERTY, EACH OWNER AND THE ASSOCIATION, SHALL BE DEEMED TO HAVE AGREED THAT DECLARANT, EACH OWNER AND THE ASSOCIATION IS/ARE GIVING UP ANY RIGHTS THE DECLARANT, EACH OWNER OR THE ASSOCIATION MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. FURTHER, BY EXECUTING THIS DECLARATION DECLARANT, AND BY ACCEPTING A DEED TO ANY PORTION OF THE PROPERTY, EACH OWNER AND THE ASSOCIATION IS/ARE GIVING UP M:\C.I.ienCs\2286\000\doc\[---.ina.].\ccrs.10241.7.wod 96 0� JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS SUCH RIGHTS ARE SPECIFICALLY INCLUDED IN SECTION 16.15 OF THIS DECLARATION. IF THE DECLARANT, ANY OWNER OR THE ASSOCIATION REFUSES TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, THEY MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE. 16 . 16 SINGULAR AND PLURAL. The singular shall include the plural and the plural the singular unless the context requires the contrary; and the masculine, feminine and neuter shall each include the masculine or feminine or neuter, as the context requires . 16 . 17 TITLES. All titles used in this DECLARATION are intended solely for convenience of reference, and the same shall not affect that which is set forth in this DECLARATION nor the meaning thereof. 16 . 18 INTERPRETATION OF RESTRICTIONS . It is not the intent of this DECLARATION to interfere with any provisions of any law or ordinance or any rules, regulations or permits previously adopted or issued or which may be adopted or issued pursuant to law relating to the use of buildings or premises; provided, however, that where this DECLARATION imposes a greater restriction upon the use or occupancy of any RESIDENCE or the COMMON AREA, or upon the construction of buildings or structures, or in connection with any other matters that are imposed or required by such provisions of law or ordinances or by such rules, regulations or permits, then the provisions of this DECLARATION shall control . 16 . 19 LIABILITY AND INDEMNIFICATION. No officer of the ASSOCIATION, or member of the BOARD shall be personally liable for any act, error or omission, and the ASSOCIATION shall and hereby does indemnify, defend and hold harmless said person, provided the action or inaction has been in good faith and within the scope and performance of his duties as an officer or BOARD member. 16 . 20 ASSIGNMENT OF POWERS . Any and all rights and powers of DECLARANT relative to the PROJECT provided for in this DECLARATION, and any modification or amendment thereof, may be delegated, transferred, assigned, conveyed or released by DECLARANT to the ASSOCIATION or to any other entity controlled by DECLARANT engaged in THE PROJECT and the ASSOCIATION or such assignee entity shall accept the same upon the recording of a notice thereof, and the same shall be effective for the period and to the extent stated therein. M:\Cl.l.enl.s\2286\000\doc\fi.nal.\ccr.s.1.02417.wpd 97 J` 16 . 21 APPLICABILITY. This DECLARATION shall apply to all RESIDENCES and RESIDENCE LOTS within THE PROJECT, the COMMON AREA and any easements on the Subdivision Map for THE PROJECT. 16 . 22 FHA/VA APPROVAL. As long as DECLARANT has Class B voting rights, and so long as either the Federal Housing Authority or the Veterans Administration has jurisdiction over any loan secured by a deed of trust, mortgage, land sale contract, or similar security instrument on any LOT in THE PROJECT, then the following actions will require the prior approval of the Federal Housing Authority or the Veterans Administration: annexation of additional properties, dedication of COMMON AREA, and amendment of this DECLARATION. The term "amendment" as used herein shall not be deemed to apply to the correction of technical errors or changes for clarification purposes only. END OF ARTICLE XVI M:\C:I..i.eriL.s\2286\000\doc\f.-inal.\ccrs.1-02417.wpd 98 ARTICLE XVII ANNEXATION 17 . 01 DECLARANT plans to develop forty-nine (49) LOTS together with the PHASE 1 COMMON AREA in the development of PHASE 1 . DECLARANT intends, but is not required, to develop not to exceed two hundred seventeen (217) additional RESIDENCES in the development of SUBSEQUENT PHASES (a total of 266 RESIDENCES for THE PROJECT) . 17 . 02 If DECLARANT should desire to develop all or any portion of the LOTS within the SUBSEQUENT PHASES, in increments or PHASES, DECLARANT shall have the right to annex any such LOTS so developed to THE PROJECT making each such LOTS so annexed subject to the provisions of this DECLARATION; provided, however, that: 17 . 02 . 1 Each RESIDENCE and LOT within the SUBSEQUENT PHASES to be annexed must have been developed in substantial architectural harmony with the development of PHASE 1 . 17 . 02 .2 No such annexation shall substantially increase the REGULAR ASSESSMENT assessed against LOTS in THE PROJECT prior to such annexation. 17 . 02 . 3 No annexation shall_ result in an overburdening of the COMMON AREA. 17 . 02 . 4 The rights of the DECLARANT to annex any LOTS within the SUBSEQUENT PHASES without the vote or written assent of the MEMBERS shall terminate upon the expiration of three (3) years from the date of the issuance of the final subdivision public report for the immediately preceding PHASE by the B.R.E. 17 . 02 . 5 The proposed annexation shall be in substantial conformance with the plan of phased development submitted to the B.R.E . with the application for a final subdivision public report for PHASE 1 . 17 . 03 Should DECLARANT fail to annex any LOTS or COMMON AREA within the SUBSEQUENT PHASES within the time period prescribed by Section 17 . 02 . 4 herein above, then, and in such event, annexation of any such LOTS within the SUBSEQUENT PHASES not yet annexed shall require the vote or written assent of sixty-six and two thirds percent (66 2/3°) of the voting power of the ASSOCIATION (excluding the votes of the DECLARANT) . M:\C Bents\2286\000\docA[ inal\ccrs.102417.wpd 99 1 17 . 04 All rights to annex any LOTS or COMMON AREA within the SUBSEQUENT PHASES or any part thereof without the vote of MEMBERS pursuant to this DECLARATION shall be transferred with the grant of the fee title to the SUBSEQUENT PHASES or any portion thereof as shall not have yet been annexed. 17 . 05 Annexation shall occur by recordation in the office of the COUNTY Recorder prior to the conveyance of a LOT within the PHASE (or a portion thereof) which is to be annexed, of a Declaration of Annexation which shall include the description of the LOTS and COMMON AREA to be annexed, and the declaration that the LOTS and COMMON AREA to be annexed are annexed pursuant to the provisions of this Article XVII and that such LOTS and COMMON AREA shall be subject to all the conditions, covenants, restrictions and easements created by this DECLARATION. 17 . 06 Annexation of a. PHASE (or any part thereof) to THE PROJECT pursuant to Section 17 . 02 of this Article XVII may be made'by the DECLARANT without the consent of the ASSOCIATION, the BOARD, a MORTGAGEE or an OWNER. 17 . 07 The recordation of the Declaration of Annexation, in addition to all other provisions therein contained, shall impose upon each LOT and the COMMON AREA annexed all of the covenants, conditions, restrictions and easements contained in this DECLARATION. 17 . 08 In order to facilitate the DECLARANT' S intent that the COMMON AREA of THE PROJECT shall be occupied, maintained, used and enjoyed as a single COMMON AREA (despite the ownership thereof) by the ASSOCIATION, all OWNERS, their guests, tenants,' family .members and invitees, DECLARANT expressly reserves hereby for itself, the ASSOCIATION, and all OWNERS, their successors in interest and assigns, a non-exclusive easement over the COMMON AREA, appurtenant to any portion of any SUBSEQUENT PHASES which is annexed to THE PROJECT, for access, recreational, utilities, health and safety purposes . DECLARANT further intends that the OWNERS of PHASE I shall have a non-exclusive easement over the COMMON AREA of any portion of any SUBSEQUENT PHASE as may be annexed pursuant to this Article XVII for such purposes . 17 . 09 If any portion of SUBSEQUENT PHASES is not annexed as provided in this Article XVII, and if the property not annexed requires ingress and egress access over private streets located within THE PROJECT and access to and use • of common utilities, then easements in favor of the property not annexed shall exist for reasonable vehicular and pedestrian traffic and M:\C:L:i.enCs\2286\000\doc\fi.nal\ccrs.102417.wpd 100 l 10 reasonable use of the common utilities for residential developments of comparable size and density; provided, however, that the property not annexed [and the owner (s) thereof] shall be obligated to pay their equitable share of the cost of maintenance and repair of such private streets and utilities, and shall be subject to a lien or liens for said maintenance and repair costs, as provided in Article IV of this DECLARATION. END OF ARTICLE XVII M:\Cl.i.ents\2286\000\doc\I:inal.\cc.rs.102417.wpd 101 66 i ARTICLE XVIII RIGHTS OF CITY OF FRESNO 18 . 01 CONFLICTS WITH OTHER ARTICLES. In the event of any conflict between this Article XVIII and any other Article of the DECLARATION, Article XVIII shall prevail. i 18 . 02 IMMEDIATE ACCESS EASEMENTS. The CITY is hereby granted the right of immediate access to all portions of the COMMON AREA for the purpose of preserving the public health, safety, and welfare. 18 . 03 SEWER, WATER, AND DRAINAGE LINES . The ASSOCIATION shall have the duty to maintain and repair all on-site sewer, water and storm drainage facilities, unless the CITY or flood control district have determined that a particular facility should be public to provide necessary system completion or otherwise protect public health, safety, sand welfare. I 18 . 04 UTILITY RESPONSIBILITIES. The ASSOCIATION shall have the duty to pay for all utility and waste collection which are not separately metered or billled, including, but not limited to, charges for sewer, water, gas, solid waste, sanitation and electric service . 18 . 05 PRIVATE PAYMENT REPAIRS . Should public utilities, including, but not limited to, sewer and water be located underneath private streets, or should the street be public while said utilities be private, the CITY shall not be responsible for private pavement repairs beyond thel minimum amount this is directly related to the future utility main repair_ work. i . 18 . 06 ALTERATION, MODIFICATION OR RECONSTRUCTION OF PARTY WALL. No OWNER or tenant shall alter, modify, reconstruct, or do any other thing to any party wall or to any plumbing, electrical, or mechanical fixture located along such wall which will impair the integrity of the wall as a; fire separation without the review and approval of the Building Official of the CITY. 18 . 07 FIRE AND EXTENDED INSURANCE . The ASSOCIATION shall provide fire and extended insurance on all improvements owned by or leased to the ASSOCIATION pursuant to Section 10 . 01 . 2 of this DECLARATION. I 18 . 08 LANDSCAPE AND MAINTENANCE OF COMMON AREAS . Landscaping shall be provided and maintained by the ASSOCIATION in those COMMON AREAS adjacent to public streets and highways . The M:\Clients\2286\000\doc\final.\ccr_s.1.02417.wpd 102 I ASSOCIATION shall provide and maintain the landscaping in such areas in a manner compatible with the requirements of the Fresno Municipal Code, and shall not decrease the amount of assessments charged against members of the ASSOCIATION if such decrease will adversely affect the ability of the ASSOCIATION to perform this maintenance . 18 . 09 STREET SWEEPING/CLEANING. The ASSOCIATION shall be responsible to provide street sweeping/cleaning within the COMMON AREA. The ASSOCIATION shall be responsible for the cost (s) associated therewith. 18 . 10 CITY EASEMENTS . 18 . 10 . 1 The ASSOCIATION reserves, for the benefit of the CITY, non-exclusive easements to enter THE PROJECT for the maintenance, repair and replacement of the public water and sewer mains and lines that are to be located within the private streets, and other public utility facilities . The ASSOCIATION shall allow the CITY, at a minimum, to engage in any and all traffic control measures necessary to preserve public health and safety during such maintenance, repair and replacement of the facilities . The ASSOCIATION nor any OWNER may interfere with the CITY' s right to exercise this easement. 18 . 10 . 2 Proposed amendments to Section 18 . 10 . 1 herein above shall be approved as to form by the CITY Attorney prior to the amendments to said Section being valid. No later than the date that is thirty (30) calendar days after its receipt of a proposed amendment, the CITY shall deliver written notice of its approval or disapproval of the proposed amendment to the party who delivered the proposed amendment to the CITY . If the CITY fails to deliver such written notice within such thirty (30) calendar day period, the CITY shall be deemed to have approved the proposed amendment. 18 . 11 STREET IMPROVEMENTS . The cost of repair and/or replacement of asphalt and other street improvements within THE PROJECT due to repair of public utilities within the streets shall be at the expense of the ASSOCIATION. These repairs and/or replacement will be to CITY Standards . 18 . 12 INDEMNITY . To the furthest extent allowed by law, the ASSOCIATION shall indemnify, hold harmless and defend CITY and each of its officers, officials, employees, agents and volunteers from any and all loss, liability, fines, penalties, forfeitures, costs and damages (whether in contract, tort or strict liability, including but not limited to personal injury, death at any time and property damage) incurred by CITY, ASSOCIATION or any M:\Clients\2286\000\doc\f:Lnal\cc.rs.102417.wod 103 \ UJ other person, and from any and all claims, demands and actions in law or equity (including attorney ' s fees and litigation expenses) , arising or alleged to have arisen directly or indirectly out of CITY' s maintenance, repair or replacement of utilities or related replacement of asphalt or street or other improvements . ASSOCIATION' s obligations under the preceding sentence shall apply regardless of whether CITY or any of its officers, officials, employees, agents or volunteers are passively negligent, but shall not apply to any loss, liability, fines, penalties, forfeitures, costs or damages caused by the active or sole negligence, or the willful misconduct, of CITY or any of its officers, officials, employees, agents or volunteers . 18 . 14 AMENDMENTS BY THE ASSOCIATION. Any amendment by the ASSOCIATION to the above provisions or any other provision specifying any right of the CITY shall require the prior written consent of the CITY. END OF ARTICLE XVIII M:\Cli.ents\2286\000\doc\final\ccrs.102417.wpd 104 IN WITNESS WHEREOF, the DECLARANT, has executed this DECLARATION the day and year first above written, at Fresno, California. "DECLARANT" BN 5499 L.P. , A California limited partnership By: Bonadelle Homes, Inc. , a California corporation, Its General Part r B y: Dean H. Pryor, FO (ATTACH APPROPRIATE ACKNOWLEDGMENT) M:\Clients\2286\000\doc\final\ccrs.10241'/.wpd 105 CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF California )SS COUNTY OF Fre§m ) On October 26, 2017 before me, Arm M. Rm-ia , Notary Public, personally appeared Dem H. Pryor who proved to me on the basis of satisfactory evidence to be the person(g) whose name() is/art subscribed to the within instrument and acknowledged to me that he/s4eoFiey executed the same in his/hc*ohe+r authorized capacity(", and that by his/hertttT* signature(. on the instrument the person(, or the entity upon behalf of which the person(►) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNES h d and offci I al. ANNA M.RENNA •�" NO'ARV PUBLIC•CALIFORNIA _ Signat ® ioMMISSION*2122084 E ° FRESNO COUNTY My comm.Exp.August 90. 2018 This area for official notarial seal. OPTIONAL SECTION - NOT PART OF NOTARY ACKNOWLEDGEMENT CAPACITY CLAIMED BY SIGNER Though statute does not require the Notary to fill in the data below, doing so may prove invaluable to persons relying on the documents. 0 INDIVIDUAL ❑ CORPORATE OFFICERS) TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ❑ ATTORNEY-IN-FACT ❑ TRUSTEE(S) 0 GUARDIAN/CONSERVATOR 0 OTHER SIGNER IS REPRESENTING: Name of Person or Entity Name of Person or Entity OPTIONAL SECTION - NOT PART OF NOTARY ACKNOWLEDGEMENT Though the data requested here is not required by law, it could prevent fraudulent reattachment of this form. THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED BELOW TITLE OR TYPE OF DOCUMENT: NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE Reproduced by First American'ritle Company 11/2007 SUBORDINATION The undersigned, as holder of the beneficial interest in and under that certain Deed of Trust recorded on November 20, 2009, in the office of the Fresno County Recorder, as Document No. 2009-- 0159250, and any subsequent modifications thereto, which Deed of Trust is by and between BN 5499 L. P. , a California limited partnership, as Trustor, First American Title Company, a California corporation, as Trustee, and U.S. Bank National Association, d/b/a Housing Capital Company, as Beneficiary, hereby expressly subordinates said Deed of Trust and its beneficial interest thereto and thereunder to the foregoing Declaration of Covenants, Conditions, Restrictions & Easements, Tract 6130 Canyon Creek Fresno Planned Development (Including Subordination) ("Declaration") , that the lien of the above referenced Deed of Trust shall be junior and subordinate and subject to the Declaration and that said Declaration shall have the same force and effect as though it had been recorded prior to the recordation of said Deed of Trust . DATED: October 2J, 2017 U.S. BANK NATIONAL ASSOCIATION, d/b/a HOUSING CAPITAL COMPANY By.: �gSON SUalq Its : SUQ [Attach Notary Acknowledgment] M:\Clients\2286\000\doc\[inaJ_\ccrs.1.0241.7.wpd \v \ ACKNOWLEDGMENT A,not1qEy'Dublic or other;officer::colllpleting-1 lis` certificate verifies°;only the is eut ty of_the uidividua -vvlio:.siQileci:tlie;ciociuiieiit to. `vl icli this. ceitificate:is attached: aiicl�iiot`flien-iitlifiliiess: acctuacy. of' validityof:tliat<'dociuYie it.: STATE OF CALIFORNIA COUNTY OF FRESNO On October 27, 201.7, before me, Lori Beckman, a Notary Public, personally appeared Jason Subia who proved to me on the basis of satisfactory evidence to be the persons) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. .. . WITNESS my hand and official seal. Signature [SEAL] ---------- LORI BECKMAN NOTARY PUBLIC.CALIFORNIA c^? COMMISSION#2187863 E . • FRESNO COUNTY My Comm.Exp.March 24,2021 EXHIBIT "A" TO DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS 6 EASEMENTS - TRACT NO. 6130 CANYON CREEK FRESNO PLANNED DEVELOPMENT PARCEL B OF LOT LINE ADJUSTMENT NO. 2005-01, APPROVED JULY 14, 2005, BEING DESCRIBED AS FOLLOWS: THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER AND THE EAST HALF OF THE NORTHWEST QUARTER OF SECTION 3, TOWNSHIP 14 SOUTH, RANGE 21 EAST, MOUNT DIABLO BASE AND MERIDIAN, ACCORDING TO THE OFFICIAL GOVERNMENT PLAT THEREOF, EXCEPTING THEREFROM THAT PORTION DESCRIBED AS FOLLOWS : BEGINNING AT THE NORTHWEST CORNER OF SAID NORTHWEST. QUARTER OF SAID SECTION 3; THENCE SOUTH 000 32 ' 16" WEST ALONG THE WEST LINE OF SAID NORTHWEST QUARTER, A DISTANCE OF 499. 98 FEET; THENCE SOUTH 890 19 ' 43" EAST, A DISTANCE OF 553 . 91 FEET; THENCE SOUTH 450 40 ' 42" EAST, A DISTANCE OF 981 . 48 FEET; THENCE SOUTH 890 33 ' 43" EAST, ALONG A LINE PARALLEL WITH AND 8 . 00 FEET NORTH OF THE NORTH LINE OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 3, A DISTANCE OF 69. 48 FEET; THENCE SOUTH 000 36' 26" WEST, ALONG A LINE PARALLEL WITH AND 8 . 00 FEET EAST OF THE EAST LINE OF THE SOUTHWEST ' QUARTER OF THE NORTHWEST QUARTER OF SAID SECTION 3, A DISTANCE OF 66 . 63 FEET; THENCE SOUTH 450 40 ' 42" EAST, A DISTANCE OF- 1021 . 01 FEET; THENCE SOUTH 000 40 ' 02" WEST, A DISTANCE OF 307 . 34 FEET TO A POINT ON THE CENTERLINE OF FANCHER CREEK; THENCE ALONG SAID CENTERLINE THE FOLLOWING NINE COURSES : 1 . ) NORTH 730 16 ' 20" EAST, A DISTANCE OF 8 . 66 FEET; 2 . ) NORTH 570 53 ' 21" EAST, A DISTANCE OF 53 . 76 FEET; 3 . ) NORTH 62° 42 ' 16" EAST, A DISTANCE OF 135 . 42 FEET 4 . ) NORTH 710 12 ' 01" EAST, A DISTANCE OF 38 . 13 FEET; 5 . ) NORTH 710 12 ' 01" EAST, A DISTANCE OF 23 . 50 FEET; 6 . ) NORTH 76° 37 ' 12" EAST, A DISTANCE OF 74 . 04 FEET; 7 . ) NORTH 84° 26 ' 16" EAST, A DISTANCE OF 133 .24 FEET; 8 . ) NORTH 850 39 ' 55" EAST, A DISTANCE OF 110 . 52 FEET; 9 . ) NORTH 680 38 ' 27" EAST, A DISTANCE OF 33 . 92 FEET TO A POINT ON THE EAST LINE OF THE NORTHWEST QUARTER OF SAID SECTION 3; THENCE NORTH 000 40 ' 02" EAST, ALONG SAID EAST LINE, A DISTANCE OF 2085 .28 FEET TO THE NORTHEAST CORNER OF THE NORTHWEST QUARTER OF SAID SECTION 3; THENCE NORTH 890 19 ' 43" WEST ALONG THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 3, A DISTANCE OF 2650 . 44 FEET, TO THE POINT OF THE BEGINNING. M:\Cl.i.enl.-.s\2266\000\doc\(:Ln,)I\ccrs..1024.1.7.wpd 106 EXCEPTING FROM THAT PORTION LYING WITHIN THE NORTHWEST '-4 OF THE NORTHWEST '-4 OF SAID SECTION 3, AN UNDIVIDED 1/ INTEREST IN AND TO ALL OIL, GAS AND OTHER HYDROCARBONS AND MINERALS WITHIN OR UNDERLYING SAID LAND, AS RESERVED BY A.J. PRETZER ET UX IN DEED RECORDED JANUARY 4, 1944 IN BOOK 2134 PAGE 194 OF OFFICIAL RECORDS . TOGETHER WITH OUTLOT A OF TRACT NO. 3748, RECORDED IN VOLUME 45 OF PLATS, AT PAGES 6, 7 AND 8, OF FRESNO COUNTY RECORDS, IN THE CITY OF FRESNO, COUNTY OF FRESNO, STATE OF CALIFORNIA. SAID LEGAL DESCRIPTION IS PURSUANT TO VOLUNTARY PARCEL MERGER 2007-07, RECORDED APRIL 3, 2008 AS INSTRUMENT NO. 2008-0048782 OF OFFICIAL RECORDS OF SAID COUNTY. EXCEPTING THEREFROM ALL THAT PORTION LYING WITHIN THE BOUNDARIES OF TRACT 6130, CITY OF FRESNO, STATE OF CALIFORNIA, RECORDED IN BOOK JD , OF MAPS, PAGES THROUGH 'U, INCLUSIVE, FRESNO COUNTY RECORDS . M:\Clients\2286\000\doc\final\ccrs.102417.wod 107