Loading...
HomeMy WebLinkAboutCovenants & Restrictions 1"' :Ii> DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS THIS DECLARATION made this 1st day of October 2002 by Boomerang Development, LLC (hereinafter referred to as the "Developer" as the term applies solely to the subdivision to be known: as Claybourne) . WITNESSETH: I WHEREAS, Boomerang Development, LLC is the owner of the lands' contained in the area shown on Exhibit "A" at such time that 1=:his Declaration shall be recorded. Said'Exhibit "A" attached hereto and made a part hereof, which lands will be subdivided and known collectively as Claybourne (hereinafter referred to as the "DevelopmentTl), and will be more particularly described on the plats of the various sections thereof recorded and to be recorded in the office of the Recorder of Hamilton County, Indiana and WHEREAS, the Developer is about to sell and convey the residential lots situated within the platted areas of the Development and before doing so desires to subject and impose upon all real estate within the platted areas of the Development mutual and beneficial restrictions, covenants, conditions, and charges (hereinafter referred to as the "Restrictions") under a general plan or scheme of improvement for the benefit and complement of the lots and lands in the Development and the future owners thereof: NOW, THEREFORE, the Developer hereby declares that all of the platted lots and lands located within the Development as they become platted are held and shall be held, conveyed, hypothecated or encumbered, leased, rented, used, occupied and improved, subject to the following Restrictions, all of which are declared and agreed to be in furtherance of a plan for the improvement and sale of said lots and lands in the Development, and are established and agreed upon for the purpose of enhancing and protecting the value, desirability and attractiveness of the Development as a whole and of each of said lots situated therein. All of the Restrictions shall run with the land and shall be binding upon the Developer and upon the parties having or acquiring any rightj title or interest, legal or equitable, in and to the real property of any part or parts thereof subject to suth Restrictions, and shall inure to the benefit of the Developer and everyone of the Developer's successors in title to any real estate in the Development. The Developer specifically reserves unto itself the right and privilege, prior to the recording of the plat by the Developer of a particular lot or tract within the Development as shown on Exhibit "A", to I exclu?e any real estate so shown from the Development, or to include additional real estate. \. I Of22f02D:\Claybollrne Restrictions.duc f' '0 1. Definitions The following are definitions of the terms as they are used ln this Declaration: A. "Committee" shall mean the Claybourne Development Control Committee composed of three members appointed by the Developer who shall be subject to removal by the Developer at any time with or without cause. Any vacancies from time to time existing shall be filled by appointment of the Developer. The Developer may, at its sole option, at any time hereafter relinquish to the Association the power to appoint and remove one or more meniliers of the Committee. B. "Association" shall mean the Claybourne Property Owners Association, Inc. a not-for-profit corporation, the membership and powers of which are more fully described in Paragraph 11 of this Declaration. C. "Lot" shall mean any parcel of real estate excluding "Blocks", whether residential or otherwise, described by one of the plats of the Development which is recorded in the Office of the Recorder of Hamilton County, Indiana. b. Approvals, determinations, permissions, or consents requited herein shall be deemed given if they are given in writing, signed with respect to the Developer or the Association, by the President or a vice President thereof, and with respect to the Committee, by two members thereof. E. "Owner" shall mean a person who has or is acquiring any right, title or interest, legal or equitable, in and to a lot, but excluding those persons llaving such interest merely as security for the performance of an obligation. F. ~Declarantn shall mean Boomerang Development, LLC. 2. CHARACTER OF THE DEVELOPMENT. A. In General. Every lot in the Development, unless it is otherwise designated by the Developer, is a residential lot and shall be used exclusively for single-family residential purposes. No structures shall be erected, placed or permitted to remain upon any of said residential lots except a single- family dwelling house. B. Residential Use of Accessory Outbuildings Prohibited. No accessory outbuildings shall be erected on any of the residential lots. C. Occupancy or Residential Use of Partially Completed Dwelling House Prohibited. No dwelling house constructed on any of the residential lots shall be occupied or used for residential purposes or human habitation until it shall have been substantially completed. The determination of whether the house shall have been substantially completed is subject to the rules, regulations and ordinances of The City of Carmel and of its building commissioners. D. Other Restrictions. All tracts of ground in the Deve16pment shall be subject to the easements, restrictions and limit~tions of record appearing on the recorded plat of the subdi~ision, on recorded easements, rights-of-ways, and also to 10/22f02D:\ClaybourIle Restrictions.doc i' .0 all governmental zoning authority and regulation affecting the Development, all of which are incorporated herein by reference. E. Corner Lots. Corner lots are considered unique in that they have double road frontage and thus effectively have two (2) front yards. Concerning this Declaration, the side yard common to the adjacent street right-of-way will be considered a front yard on corner lots. 3. GENERAL RESTRICTIONS A, Fences. The Committee, prior to any installation, must approve any fencing, walls, mounds, and landscape screening, It is the goal to keep all fencing or screening harmonious with the architectural character of the community, No fence or screen will be approved which obstructs necessary sight lines for vehicular traffic. Undue obstruction of views from adjoining properties and amenity areas will be taken into consideration by the Committee when reviewing fences for approval. No front yard fencing is permitted, except on a Lot on which there is maintained a sales office or model home by Declarant or a Builder. All fences must be professionally installed. The Owner shall keep all fences in good repair, No fences shall be located any closer to the front lot line than a point ten (10) feet back front the front corners of the residence. Notwithstanding any other provision of this Declaration to the contrary, invisible electronic fences designed to restrict the movement of animals are expressly permitted. Notwithstanding any other provision of this Declaration to the contrary, on a corner lot, no fences will be allowed between the side building line and the adjacent street right-of-way. No fences are I allowed in easements and, if erected, are erected at the Owner's risk as such fences may be partially or completely torn down by others if said fences interfere with the installation, operation, and/or maintenance of the facilities for which the easem~nt has been reserved. Any fence located along a common area or a perimeter boundary of the Development shall be of uniform size, materials, height, and design to be determined by "Committee". (i) Height Restrictions: The Committee shall determine the height of fences and walls; provided, however, that the following maximum heights of walls and fences shall not exceed the following: \. a. Black wrought iron fencing shall not exceed SlX (6) feet ln height; b. Wood or vinyl/PVC fencing shall not exceed four (4) feet in height; provided, however, that this restriction may be waived by the Committee to enclosed an in-ground pool; c. Lot fencing and walls shall not exceed six (6) feet above grade; d. Patio screens/privacy fences adjoining the rear of the Dwelling Unit shall not exceed six (6) feet ln height; and e. No fence located on a Lot abutting a Pond shall exceed forty-two (42) inches in height beyond a point sixteen (16) feet from the rear line of the 3 lJ. Dwelling Unit. However, this restriction may be waived by the Committee to enclose an in-ground pool. (ii) Material and Finish. Black wrought iron fencing is preferred. However, the committee may allow wood fencing. Also, vinyl or PVC "picket" fencing may be allowed. If a wood picket fence is to be painted, then it should be maintained, at all times, in a "like newU condition. Chain link fencing is prohibited. The Committee must approve all fencing materials, design, and location. Walls above grade must be constructed of natural stone, masonry, black wrought iron or shadow box fencing. The Committee will approve landscape screening material, design, and location on an individual basis. (iii) Approval. The exact location, materialt color and height of the fence and rendering or photograph thereof shall be submitted to the Committee for written approval at least thirty (30) days prior to proposed construction. If however, approval has not been issued by the Committee in writing within thirty (30) days after submission, then said request shall be considered DENIED. B. Trees. Every lot must have at least two trees of a species acceptable to the Committee and to the City of Carmel growing upon it in the front yard by the first planting season after the house lS completed. C. Driveway. All driveways must be paved with asphalt or concrete from their point of connection with the abutting street or road. D. Diligence in Construction. Every building whose construction or placement on any residential lot in the Development is begun shall be completed within (9) months after the beginning of such construction or placement. No improvement which has partially or totally been destroyed by fire or otherwise, shall be allowed to remain in such state for more than three (3) months from the time of such destruction or damage. ~. Maintenance of Lots and Improvements. The owner of any lot iri the Development shall at all times maintain the lot and any improvements situated thereon in such a manner as to prevent the lot or improvements from becoming unsightly; and, specifically, such owner shall: (i) Mow the lot at such times as may be reasonably required in order to prevent unsightly growth of vegetation and noxious weeds. (ii) Remove all debris or rubbish. (iii) Prevent the existence of any other condition that reasonably tends to detract from or diminish the aesthetic appearance of the Development. (vi) Cut down and remove dead trees. (v) Keep the exterior of all improvements in such a state of repair or maintenance as to avoid their becoming unsightly. 4 i: ;. (vi) Within sixty (60) days following completion of a house on a lot, the owner shall landscape the lot, weather permitting. (vii) The owner of any lot abutting or adjacent to a retention pond or lake within a Common Area as defined in paragraph 10 shall maintain the Common Area, which lies immediately adjacent to and between the lot and the waterline of the pond or lake to prevent unsightly growth or weeds. F. Association's Right to Perform Certain Maintenance. In the event that the owner of any lot in th~ Development shall fail to maintain his lot and any improvements situated thereon in accordance with the provisions of these Restrictions, the Association shall have the right, but not the obligation, by and through its agents or employees or contractors, to enter upon said lot and repair, mow, clean or perform such other acts as may be reasonably necessary to make such lot and improvements situated thereon, if any, conform to the requirements of these Restrictions. The cost therefor to the Association shall be added to and become a part of the annual charge to which said lot is subject and may be collected in any manner in which such annual charge may be collected. Neither the Association nor any of its agents, employees, or contractors shall be liable for any damage, which may result from any maintenance work performed hereunder. G. Ditches and Swales. It shall be the duty of the owner on every lot in the Development on which any part of any open storm drainage ditch or swale is situated to keep such portion thereof as may be situated upon the lot continuously unobstructed and in good repair, and to provide for the installation of such culverts upon said lot as may be reasonably necessary to accomplish the purposes of this subsection. All owners shall be responsible to maintain the grading of their respective lots as defined by the Claybourne construction plans as prepared by Schneider Engineering and approved by The City of Carmel and The Clay Township Regional Waste District. Any accumulation of silt or change in grading caused by sump-pump discharge, downspout run-off, general drainage or the dispersal of excavation spoilage, which creates standing water, or an improper drainage condition shall be the responsibility of the property owner to remove and correct. H. Sump-pumps. Drainage swales are designed to channel storm water runoff to a collection basin. Drainage swales are not designed for sump-pump discharge and will not function in this papacity. when a sump-pump is outlet directly into a drainage ditch or swale, vegetation will die, soil will erode and the ditch or swale will be continuously wet and soggy. Therefore, all sump-pumps must be connected to a perforated drainage tile that has been trenched beneath the ground surface and outlet directly into a storm sewer structure. This is the I responsibility of the homeowner, not the developer. The exact location of a storm sewer structure and the length of perforated drainage tile necessary to properly outlet a sump-pump will vary per lot. Damage caused by sump-pump discharge into an open ditch or swale will be the direct responsibility of the homeowner. I. Retention Ponds. There are or will be retention pon'ds within the Development. . ~ 5 , .. 4. PROVISIONS RESPECTING DISPOSAL OF SANITARY WASTE. A. Nuisance. No outside toilets shall be permitted on any lot in the Development (except during a period of construction and then only with the consent of the Committee), and no sanitary waste or other wastes shall be permitted to enter any storm drain. By purchase of a lot, each owner agrees that any violation of this paragraph constitutes a nuisance, which may be abated by the Developer, or the Association in any manner provided at law or in equity. The cost or expense of abatement, including court costs and attorney's fees, shall become a charge or lien upon the lot, and may be collected in any manner provided bylaw or in equity for collection of a liquidated debt. Neither the Developer, nor the Association, nor any officer, agent, employee nor contractor thereof, shall be liable for any damage, which may result from enforcement of this paragraph. B. Construction of Sewage Lines. All sanitary sewage lines on the residential building lots shall be designed and constructed in accordance with the provisions and requirements of the Hamilton County Board of Health and The City of Carmel and The Clay Township Regional Waste District. No storm water (subsurface or surface) shall be discharged into sanitary sewers. C. Sanitary sewer and utility easements allow for the construction, extension, operation, inspection, maintenance, reconstruction, and removal of sanitary sewer facilities and gives The City of Carmel and The Clay Township Regional Waste District the right of ingress/egress. E. Any landscaping placed within easements or right-of-ways is at the risk of being removed by utilities without the obligation of replacement. F. Mounding, lighting, fencing, signs, retaining/landscaping/entrance walls, irrigation lines, etc. placed within easements or right-ai-ways is at the risk of being removed by utilities without obligation of replacement. G. Any discharge of clear water sources (foundation drains, sump pumps, roof drains, etc.) into the sanitary sewer system is strictly prohibited. 5. INDIVIDUAL LIGHTS REQUIRED ON EACH LOT IN THE DEVELOPMENT. At the time that the owner of the lot in the Development completes the construction of a home on his lot, he shall install or cause to have installed a dusk to dawn yard light in the front yard of his lot or dusk to dawn coach lights mounted on the garage if permitted. The design, type and location of the lights shall be subject to the approval of the Committee which may require, for the purpose of uniformity and appearance, that said lights be purchased from the Developer or its designee. Garage, mounted dusk to dawn coach lights may be substituted for a yard light at the discretion of the builder. 6. MAILBOXES. Owners of a lot in the Development shall install or cause to have installed a mailbox, which shall be in accordance with~ 6 'f ), the design, type and location of a mailbox approved by the Committee. The Committee may require, for the purpose of uniformity and appearance, that the mailbox be purchased from the Developer or its designee. ~. GENERAL PROHIBITIONS. A. In General. No noxious or offensive activities shall be carried on any lot in the Development, nor shall anything be done on any said lots that shall become or be an unreasonable annoyance or nUlsance to any owner of another lot in the Development. B. Signs. No signs or advertisements shall be displayed or placed on any lot or structures in the Development without the prior written approval of the Committee except for real estate sales signs. C. Animals. No animals shall be kept or maintained on any lot in the Development except the usual household pets, and, in such ~ase, such household pets shall be kept reasonably confined so as not to become a nuisance. D. Vehicle Parking. No campers, motor homes, semi-trucks, trail~rs, boats, or disabled or unlicensed vehicles shall be parked on any street or lot in the Development. No boat or truck~ one (1) ton or larger in size, shall be parked for overnight or longer storage on any lot in the Development, nor shall! any vehicle be parked on any street within the Development for more than two consecutive nights. E. Garbage and Other Refuse. No owner of a lot in the Development shall burn or permit the burning out of doors of garbage or other refuse, nor shall any such owner accumulate or permit the accumulation out of doors of such refuse on his lot except as may be permitted in Subparagraph F below. All houses built in the Development shall be equipped with a garbage disposal unit. F. Trash Receptacles. Any receptacle for ashes, trash, rubbish or garbage shall be so placed and kept as not to be visible from any street within the Development at any time, except at the times when refuse collections are being made. G. Model Homes. No owner of any lot in the Development shall build or permit the building upon said lot of any dwelling house that is to be used as a model home or exhibit house without permission to do so from the Developer. H. Temporary Structures. No temporary structure of any kind, such as a house, trailer, tent, garage or other outbuilding shall be placed or erected on any lot nor shall any overnight camping be permitted on any lot without permission to do so from the Developer. I. Wells and Septic Tanks. No water wells shall be drilled on any of the lots nor shall any septic tanks be installed on any of the lots in the Development, without the approval of the Committee. J. Prohibition of Antennas. televlsion antennas and/or dishes Development, without the approval No exposed radio, cable and shall be permitted within the of the Committee. Satellite 7 .. 1, dishes will not be permitted to be installed on the front of a house or within fifteen (15) feet of the front of the house. K. Swimming Pools. In ground swimming pools may be permitted but must be approved by the Committee. Above ground swimming pools will not per permitted in Claybourne. L. Basketball Goals. Portable basketball goals shall not be placed within the street right-of-way, including any public walk, and shall not be left outdoors overnight. M. Mini Barns. There will be no mini-barns or outbuildings of any kind on any lot located in Claybourne. N. Trampolines. Trampolines may be allowed on a daily basis in Claybourne with the approval of the committee. When allowed, trampolines may not be left outdoors overnight. They must be stored inside the house, garage, or stored offsite of the development. O. Swing~sets and Play Structures. Swing-sets and other children's play structures may be permitted but must be approved by the Committee. Only wood, professionally constructed play structures will be allowed in Claybourne. 8. DEVELOPMENT CONTROL COMMITTEE A. Statement of Purposes and Powers. The Committee shall regulate the external design, appearance, use, location and maintenance of lands subject to these Restrictions and improvements thereon, in such a manner as to preserve and enhance values and to maintain a harmonious relationship among structures and the natural vegetation and topography. ! (i) Generally. No dwelling, building structure or ~mprovement of any type or kind shall be constructed or placed on any lot in the Development without the prior approval of the Committee, except for original home construction by a builder who has entered into a contract with the Developer to purchase lots. Such approval shall be obtained only after written application has been made to the Committee by the owner of the lot requesting authorization from the Committee. Such written application shall be in the manner and form prescribed from time to time by the Committee, and shall be accompanied by two (2) complete sets of plans and specifications for any such proposed construction or improvement. Such plans shall include plot plans showing the location of all improvements existing upon the lot arid the location of the improvement proposed to be constructed or placed upon the lot, each properly and clearly designated. Such plans and specifications shall set forth the color and composition of all exterior materials proposed to be used and any proposed landscaping, together with any other materials or information which the Committee may require. All building plans and drawings required to be submitted to the Committee shall be drawn to a scale of 1/4" ~ 11 and all plot plans shall be drawn to scale of 1" == 30', or to such other scale as the Committee shall require. \ \ (ii) Power of Disapproval. The Committee may refuse to grant permission to construct, place or make the requested improvement, when: 8 l. (a) The plans, specifications, drawings or other material submitted are themselves inadequate or incomplete, or show the proposed improvement to be in violation of these restrictions; (b) The design or color scheme of a proposed improvement is not in harmony with the general surroundings of the lot or with adjacent buildings or structures; (c) The proposed improvement, or any part hereof, would in the opinion of the Committee be contrary to the interests, welfare or rights of all or any part of other owners. (iii) Power to Grant Variances. The Committee may allow reasonable variances or adjustments of these Restrictions where literal application would result in unnecessary hardship, but any such variance or adjustment shall be granted in conformity with the general intent and purposes of these Restrictions and no variance or adjustment shall be granted which is materially detrimental or injurious to other lots in the Development. No variance granted creates an allowance for said variance on other lots within the development but provides for that variance to be permitted solely as it applies to the designated lot. B. Duties of Committee. The Committee shall approve or disapprove proposed improvements within seven (7) days after all required information shall have been submitted to it. One copy of submitted material shall be retained by the committee for its permanent files. All notification to applicants shall be in writing, and, in the event that such notification is one of disapproval, it shall specify the reason or reasons. C. Liability of Committee. Neither the Committee nor any agent thereof, nor the Developer, shall be responsible in any way for any defects in any plans, specifications or other materials submitted to it, nor for any defects in any work done accor~ing thereto. Further, the Committee does not make any representation or warranty as to the suitability or advisability of th~ design, the engineering, the method of construction involyed, or the materials to be used. \ \ D. Inspection. The Committee may inspect work being performed with its permission to assure compliance with these Restrictions and applicable regulations. E. Continuation of Committee. When the Developer notifies the A~sociation of discontinuance of his Development Control Committee, then the Directors of the Association, or their designees, shall continue the functions of the committee with like powers. 9. RULES GOVERNING BUILDING ON SEVERAL CONTIGUOUS LOTS HAVING ONE OWNER. Whenever two or more contiguous lots in the Development shall be owned by the same person, and such owner shall desire to use two or more of said lots as a site for a single-dwelling house, he shall apply in writing to the Committee for permission to so use said lots. If permission for such a use shall be 9 ~~ "i.. granted, the lots constituting the site for such single-dwelling house shall be treated as a single lot for the purpose of applying these Restrictions to said lots, so long as the lots I rE:main improved with one single-dwelling house. 10. OWNERSHIP, USE AND ENJOYMENT OF COMMONS. "CommonsfO and "Commons AreafO shall mean those areas set aside as "Blocks" for conveyance to the Association, as shown on the plats. Any Commons depicted on the recorded plats of the Development shall remain private, and neither the Developer's execution of recording of the plats nor the doing of any other act by the Developer is, or is intended to be, or shall be construed as, a dedication to the public of the Commons. However, the Developer does reserve the right to dedicate particular "Blocks" to the public via a recognized public authority such as a City or County or their respective park boards. A license upon such terms and conditions as the Developer, and the successors, assigns or licensees of the Developer, shall from time to time grant, for the use and enjoyment of the commons, is granted to the persons who are from time to time members of the Association. Ownership of any commons shall be conveyed in fee simple title, free of financial encumbrances to the Association upon their completion. Such conveyance shall be subject to easements and restrictions of record, and such other conditions as the Developer may at the time of such conveyance deem appropriate. Such conveyance shall be deemed to have been accepted by the Association and those persons who shall from time to time be members thereof upon the recording of a deed or deeds conveying such Commons to the Association. 11. CLAYBOURNE PROPERTY OWNERS ASSOCIATION, INC. A. In General. The Declarant has or will create within SlX months of the recording of a Secondary Plat of the Real Estate, under the laws of the State of Indiana, a not-for-profit corporation to be known as the Claybourne Property Owners Association, Inc., referred to as the "Association". Every owner of a residential lot in the Development shall be a member of the Association and shall be subject to all the requirements and limitations imposed in these Restrictions on other owners of residential lots within the Development and on members of the Association, including those provisions with respect to the payment of an annual charge. B. Classes of Membership. The Corporation shall have two (2) classes of voting membership, as follows: Class A. Class A members shall be all Owners of Lots, with the exception of the Declarant prior to termination of I Class B membership, and shall be entitled to one (1) vote for each Lot owned with respect to each matter submitted to a vote of members upon which the Class A members are entitled to vote. When more than one person holds title to any Lot, all such persons shall be members. The vote for such Lot shall be exercised as they among themselves determine, but in no event shall more than one vote be cast with respect to anyone lot. There can be no split vote. Prior to or at the time of any meeting at which a vote is to be taken, each co-Owner or other person entitled to a vote at such meeting shall file with the Secretary of the 10 It ,;" f A. Corporation the name of the voting co-Owner or other person entitled to vote at such meeting, unless such co-Owner or other persons have filed a general voting authority with he Secretary applicable to all votes until rescinded. Class B. The Class B Member(s) shall be the Declarant and all successors and assigns of Declarant designated by Declarant as Class B members in a written notice mailed or delivered to the resident agent of the Corporation. Each Class B member shall be entitled, on all matters requiring a vote of the membership of the Corporation, to five (5) votes for each Lot owned by it and five (5) votes for each fifteen-one hundredths (15/100) of an acre or part thereof which has been subjected to the Declaration as part of the Development (as defined in the Declaration) but not subdivided into Lots and other areas by the recording of a ~ubdivision plat. The Class B membership shall cease and terminate upon the first to occur of (a) the date upon which the written resignation of the Class B members as such is delivered to the resident agent of the Corporation; "(b) one hundred twenty (120) days after seventy-five percent (75%) of the Lots in the Property have been conveyed to Owners other than Declarant; provided, however, that for the purpose of making any determination under this subsection (b) it shall be assumed that there are 75 lots in the Development whether or not there are in fact such number of Lots in the Development at any time; (c) six (6) years after the date of recording of the first conveyance of a Lot to an Owner other than Declarant. Declarant shall be entitled to Class A memberships for all Lots of which it is the Owner on or after the termination of Class B membership. C. Board of Directors. The Board of Directors of the Association shall be elected or appointed. The Board of Directors shall manage the affairs of the Association. D. Professional Management. No contract or agreement for professional management of the Association shall be for a term in excess of three (3) years. Any such agreement or contract shall provide for termination by either party with or without cause without any termination fee by written notice of ninety (90) days or less. E. Responsibilities of the Association. (i) The Association shall maintain the landscaping and any improvements that may be constructed or installed in and along Blocks "E,F,G, and H" as well as the landscaping within the median of Airhart Boulevard, north of 131st Street. These areas shall be kept in neat, clean and presentable condition al all times. (ii) The Association shall maintain and repair the entryway monuments, lighting and irrigation systems at the entry to Claybourne on 131st Street and on Shelbourne Road. (iii) The Association shall procure and maintain casualty insurance for the Common Areas, liability insurance (including director's and officer's insurance) ~nd such other insurance as it deems necessary or advisable. 11 4. ,; ~ (iv) The Association may contract for such service as management, snow removal, security control, trash removal, and such other services as the Association deems necessary or advisable. (v) The Association shall maintain any retention ponds that are constructed as a result of the development. Also, refer to Paragraph 3.E. (vii) (vi) The Association shall maintain the street name signs, regulatory signs, guide signs and warning sign in Claybourne per the "Statement of Agreement and Liabilityu. The Association is bound to the "Statement of Agreement and LiabilityU with the Hamilton County Board of Commissioners through the Hamilton County Highway Department. 12. COVENANT FOR MAINTENANCE ASSESSMENTS. A. Creation of the Lien and Personal Obligation of Assessments. Each owner of any lot in the subdivision, except the Developer, by acceptance of a deed therefor, whether or not it shall be so expressed in such deed, is deemed to covenant and agree to pay to the Association: (1) annual assessments or charges; and (2) special assessments for capital improvements and operating deficits; such assessments to be established and collected as hereinafter provided. The annual special assessments, together with interest, cost, and reasonable attorneys' fees, shall be a charge on the land and shall be a continuing lien upon the property against which each such assessment is made. Each such assessment, together with inter~st, costs and reasonable attorneys' fees, shall also be the personal obligation of the person who was the owner of such I property at the time when the assessment fell due. The personal obligation for delinquent assessments shall not pass to his successors in title unless expressly assumed by them. No charge or as~essment shall ever be levied by the Association against the Developer. B. Purpose of Assessments. The assessments levied by the Association shall be used exclusively to promote the health, safety and welfare of the residents in the properties and for the improvement and maintenance of the Common Areas and improvements, operated or maintained by the Association, and the landscape easements on the Development and other purposes as specifically provided herein. \ \, C. Maximum Annual General Assessments. The Maximum annual general assessment for the Association shall be Two Hundred and Fifty.Dollars ($250.00) per lot until such time that the swimming pool is operational when the maximum annual general assessment shall be increased to Four Hundred and Fifty Dollars ($450.00) i. The maximum annual general assessment may be increased by the Board each year not more than 10% above the maximum annual general assessments permitted for the previous year without a vote of the membership of the Association. ii. The maximum annual general assessments may be increased more than 10% over the maximum annual general assessments permitted for the previous year only upon an 12 .<t i ~ '"< approving vote of two-thirds (2/3rds) of each Class of members who are eligible to vote at a meeting called for, such purpose b. Special Assessments for Maintenance of Shared Facilities with Shelbourne Estates. Each lot in Claybourne is entitled to the use and enjoyment of Blocks "H" and "J" in the Claybourne development. Each Shelbourne Estates lot shall be assessed in an amount equal of 1/25Sth of the total cost of maintaining Blocks "H" and "J". The treasurer of Claybourne shall annually compile the identifiable costs associated with Blocks "H" and "J" and submit .an invoice for payment to the Shelbourne Estates treasurer. This payment shall be made by January 31st of the calendar year when the expenses will be incurred. The payment is not to be made in arrears. The Shelbourne Estates Association shall then pay to the Claybourne Association the respective proportion of the maintenance costs. Additionally, each Shelbourne Estates lot is entitled but not required to voluntarily join the Claybourne swimming pool. Each Shelbourne Estates lot that wishes to belong to the Claybourne pool shall pay to the Claybourne Association an amount equal to 110% of the identifiable annual operational and capital reserve costs associated with the pool as determined by the Claybourne Association treasurer divided by the number of lots in Claybourne or 1/216th E. Special Assessments for Capital Improvements and Operating Deficits. In addition to the annual assessments authorized above{ the Association may levy a special assessment for the purpose of defraying, in whole or in part{ the cost of any construction, reconstruction, repair or replacement of any capital improvement which the Association is required to maintain or for operating deficits which the Association may from time to time incur, provided that any such assessment shall have the assent of a majority of the votes of the members who are voting in person or by proxy at a meeting duly called for this purpose. r. Notice and Quorum for Any Action Authorized Under Sectibn C and D. Written notice of any meeting called for the purpose of taking any action authorized under Section C and D shall' be sent to all members not less than thirty (30) days nor more than sixty (60) days in advance of the meeting. At the first! such meeting called, the presence of members or of proxies I entitled to cast sixty percent (60%) of all the votes of the membership shall constitute a quorum. If the required quorum is not present, another meeting may be call~d subject to the same notice requirement, and the required quorum at the subsequent meeting shall be one-half (1/2) of the required quorum at the preceding meeting. No such subsequent meeting shall beheld more than sixty (60) days following the preceding meeting. , \ \. G. Date of Commencement of Annual Assessments: Due Dates. The annual assessment provided for herein shall commence for each lot on the date of conveyance to the owner by deed or on the date the owner signs a land contract to purchase a lot. Assessments shall be pro-rated for any partial year. The Board of Directors shall fix any increase in the amount of the monthly assessment at least thirty (30) days in advance of the effective date of such increase. Written notice of special assessments and such other assessment notices as the Board of Directors shall deem appropriate shall be sent to every owner subject thereto. The due dates for all assessments shall be established 13 ,0- '.f q:' by the Board of Directors. The Association shall, upon demand, and for a reasonable charge, furnish a certificate in recordable form signed by an officer of the Association setting forth whether the assessments on a specified lot have been paid. A properly executed certificate from the Association regarding the status of assessments for any lot shall be binding upon the Association as of the date of its issuance. H. Effect of Non-Payment of Assessments: Remedies of the Assoc~ation. Any charge levied or assessed against any lot, together with interest and other charges or costs as hereinafter provi~ed, shall become and remain a lien upon that lot until paid ~n full and shall also be a personal obligation of the owner'or owners of that lot at the time the charge fell due. Such charge shall bear interest at the rate of twelve percent (12%) per annum until paid in full. If, in the opinion of the Board of Directors of the Association, such charge has remained due and payable for an unreasonably long period of time, the Board may, on behalf of the Association, institute such procedures, either ~t law or in equity, by foreclosure or otherwise, to collect the amount owing in any court of competent jurisdiction. The owner of the lot or lots subject to the charge, shall, in addition to the amount of the charge at the time legal action is instituted, be obliged to pay any expense or costs, including attorneys' fees, incurred by the Association in collecting the same. Every owner of a lot in the Development and any person who may acquire any interest in such lot, whether as an owner or otherwise, is hereby notified, and by acquisition of such interest agrees, that any such liens which may exist upon said lot at the time of the acquisition of such interest are valid liens and shall be paid. Every person who shall become an owner of a lot in the Development is hereby notified that by the act of acquiring, making such purchase or acquiring such title, such person shall be conclusively held to have covenanted to pay the Association all charges that the Association shall make pursuant to this subparagraph of the Restrictions. The Association shall, upon demand, at any time, furnish a certificate in writing signed by an officer of the Association that the assessments on a specified lot have been paid or that certain assessments against said lot remain unpaid, as the case may be. A reasonable charge may be made by the Board of Directors of the Association for the issuance of these certificates. Such certificate shall be conclusive evidence of payme~t of any assessment therein stated to have been paid. \ I I. Subordination of the Lien to Mortgage. The lien of the asses~ments provided for herein shall be subordinate to the lien of any first mortgage. Sale or transfer of any lot shall not affect the assessment lien. No sale or transfer shall relieve such lot from liability for any assessment thereafter becoming due or from the lien thereof. provided, however, the sale or transfer of any lot pursuant to the foreclosure of any first mortgage on such lot (without the necessity of joining the Association in any such foreclosure action) or any proceedings or deed in lieu thereof shall extinguish the lien of all assessments becoming due prior to the date of such sale or transfer. J. Suspension of Privileges of Membership. Notwithstanding any other provisions contained herein, the Board of Directors of the Association shall have the right to suspend the voting 14 '.110, ;, {. i rights if any, and the services to be provided by the Association/ of any member or associate member (i) for any period during which the Association charges or any fines assessed under these Restrictions owed by the member or associate member remains unpaid, (ii) during the period of any continuing violation of the restrictive covenants for the Development/ after the existence of the violation shall have been declared by the Board of Directors of the Association: and (iii) during the period of any violation of the Articles of Incorporation, By-Laws or regulations of the Association. 13. REMEDIES. A. In General. The Association or any party to whose benefit these Restrictions inure, including the Developer, may proceed at law or in equity to prevent the occurrence or conti~uation of any violation of these Restrictions/ but neither the Developer nor the Association shall be liable for damages of any kind to any person for failing wither to abide by/ enforce or catry out any of these Restrictions. ~. Delay or Failure to Enforce. No delay or failure on the part of any aggrieved party to invoke any available remedy with respect to a violation of anyone or more of these Restrictions shall beheld to be a waiver by that party (or an estoppel of that party to assert) any right available to him upon the occurrence/ reoccurrence or continuation of such violation or violations of these Restrictions. 14. EFFECT OF BECOMING AN OWNER. The owners of any lot subject to these Restrictions by acceptance of a deed conveying title thereto, or the execution of a contract for the purchase thereof, whether from the Developer or a subsequent owner of such lot, shall accept such deed and execute such contract subject to each and every Restriction and agreement herein contained. By accepting of such deed or execution of such contract, the oWner acknowledges the rights and powers of the Developer, Committee and of the Association with respect to these Restrictions, and also, for themselves/ their heirs/ personal representatives, successors and assigns/ such owners covenant and agree and consent to and with the Developer, Committee and the Association and to and with the owners and subsequent owners of each of the lots affected by these Restrictions to keep, observe, comply with and perform such Restrictions and agreements. \. 15. TITLES. The titles preceding the various paragraphs and subparagraphs of the Restrictions are for convenience of the construction of any provisions of the Restrictions. Wherever and whenever applicable, the singular form of any word shall be taken'to mean or apply to the plural/ and the masculine form shall'be taken to mean or apply to the feminine or to the neuter. 16. DURATION. The foregoing Covenants and Restrictions are to run with the land and shall be binding on all parties and all persons claiming under them until January 1, 2020, at which time said Covenants and Restrictions shall be automatically extended for ",. 15 ,," 1. \ I successive periods of ten (10) years, unless changed in whole or in part by vote of those persons who are then the owners of a majority of the numbered lots in the Development. 17. SEVERABILITY. Everyone of the Restrictions is hereby declared to be independent of, and severable from, the rest of the Restrictions and of and from every other one of the Restrictions, and of and from every combination of the Restrictions. Therefore" if any of the Restrictions shall be held to be invalid or to be unenforceable or to lack the quality of running with the land that holding shall be without effect upon the validity, enforceability or II running II quality of any other one of the Restrictions. 18. LITIGATION. No judicial or administrative proceedings shall be commenced or prosecuted by the Association without first holding a special meeting of the members and containing the affirmative vote of Voting Members representing at least seventy-five (75%) of the Lots to the commencement and prosecution of the proposed actioh. This Section shall not apply to (a) actions brought by the Association to enforce the provisions of this Declaration, the By-Laws or rules and regulations adopted by the Board (including, without limitation, an action to recover Charges or to foreclose a lien for unpaid Charges) or (b) counterclaims brought by the Association in proceedings instituted against it. 19. NON-REMONSTRANCE AGREEMENT. Residents of Claybourne as owners of Real Estate are bound to the Non~Remonstrance Agreement with the City of Carmel attached here as Exhibit "BU. , '. 16 ,,\ 1- IN TESTIMONY WHEREOF, witness the signature of the Declarant this 1st day of October, 2002. BOOMERANG DEVELOPMENT, LLC An Indiana Limited Liability Company By: Corby D. Thompson, Manager STATE OF INDIANA ) ) 88: ) COUNTY OF HAMILTON Before me, a Notary Public in and for said County and State, personally appeared Corby D. Thompson, Manager of Boomerang Development, LLC, an Indiana Limited Liability Company, who acknowledged the execution of the above and foregoing for and on behalf of said Corporation, for the uses and purposes therein set forth. WITNESS my hand and Notarial Seal this 1st day of October, 2002. Notary Public: Donna Hansen Commission Expiration: County of Residence: May 18, 2007 Hamilton Prepared by: Corby o. Thompson, Manager, Boomerang Development, LLC \. 17 ,a..-t" .......r)". Exhibit "A" " LAND DESCRIPTION Port of the Northeast Quarter of Section 30, Township 18 North, Range J East. in Clay Township, Hamilton County, Indiana, being more particularly described os follows: Commencing at the Southeast Corn er of the said Northeast Quarter Section; thence Sou th 89 degrees 18 minutes 18 seconds West (Assumed Bearing) along the South line of the said Northeast Quarter Section 0 distance of. 671OJ. feet. to the Point of Beginning: thence continuing South 89 degrees 18 minutes 18 seconds West oloog said South line of the Northeast Quarter Section a distance of 1416,89 feet; thence North 00 degrees 41. minutes 42 seconds West a distance of 299,04 feet; thence North 27 degrees 32 minutes 08 seconds East 0 distonce of 130.00 feet; thence North 62 degrees 27 minutes 52 seconds West (1 distance of 33.20 feet; thence North 27 degrees 32 minutes OB seconds East 0 distance of 136.37 feet; therlce North 18 degrees 03 minutes 27 seconds East a distance of 158.38 feet; thence North 06 degrees 16 minutes 03 seconds East a distance of 239.95 feet; thence North 55 degrees 03 minutes 40 seconds East 0 distance of 133.57 feet; therlce North 00 degrees 23 minutes 57 seconds West a distance of 314.63 feet; thence South 86 deyrees 36 minutes 04 seconds East 0 distance of 50.87 f~t; thence South 68 degrees 57 minutes 10 seconds Eost 0 distance of 100.45 feet; thence North 89 degrees 33 minutes 24 seconds East 0 distance of 81.75 feet; thence South 49 degrees 12 minutes 04 seconds East 0 distance of 12.62 feet; thence North 89 degrees 33 minutes 24 seconds East a distance of 188.01 feet; thence South 00 degrees 26 minutes 36 seconds Eost a distance of 567.80 feet: thence South 89 degr~s 41 minutes 19 seconds East a distance of 414.60 feet; thence North 04 degrees 32 minutes 43 seconds East 0 distance of 370.24 feet; thence South ,89 deqrees 09 minutes 14 s&:onds East a distance of 283.21 feet; thence North 00 degrees 25 minutes 34 seconds West 0 distance of 268.26 feet; thence South 71 degrees 51 minutes 58 seconds East a distance of 208.50 feet; thence South n degrees 51 minutes 25 seconds East a distance of 112.45 feet; thence South 00 deqrees 25 minutes 34 seconds East a distance of 267.56 feet; thence South n degrees 25 minutes 58 seconds West a distance of 190.13 feet; thence South 27 degrees 23 minutes 56 seconds West 0 distance of 196.56 feet; thence South 05 degrees 36 minutes 05 seconds West a distance of 198.39 feet; thence South 06 degrees 43 minutes 05 seconds East 0 distance of 237.62 feet; thence North 79 degrees 06 minutes 07 seConds West a distance of 10.56 feet; thence South 15 degrees 58 minutes 28 seconds West a distance of 197.58 feet; thence South 00 degrees 41 minutes 42 seconds East 0 distance of 117.92 feet to the BEGINNING POINT, containing 33.977 acres, more or less. \ €~1-I1 ell \, 'I ~ ~--.... o.;:~Q- cg@~)f NON-REMONSTR;\NCE AGREEMENT Boomerang Development, LLC, a corporation duly licensed and authorized to operate t11 the State of illdiana and with its principal offices located at 11911 Lakeside Drive, Fishers, Indlana -.+6033 ('"Owner"), after having had an opportunity to consult with an attorney of its own choosins. hereby voluntarily and without duress enters into this Non-Remonstr::ll1ce Agreement with the Ctty or C.ll111el. Indiana. by and through Lts Board of Public Works and Safety ("City"), and covenants as follo\\'s: 1. Owner IS the sole fee simple owner of that cerrain real estate (the "Real Estate"). \vlm:h IS described on attached Exhibit A, incorporated herein by this reference. ) In consideration of City constructing additional water lines and allowing Owner to obtain municipal water service for the Real Estate from City, Owner hereby waives its right to remonstrate against the annexation of all or any portion of the Real Estate by City for a period of sixty (60) yeJrs from the date this Agreement is last executed by a party hereto (the "Waiver Period"). 3 Owner hereby agrees that this Agreement shall be binding upon and inure to the benefil at' I[S officers. officials. successors, assigns, and any and all subsequent owners of the Real Estate or any parcel or other portion lhereof for the duration of the Waiver Period. and that Owner will specitically pro\lde all such subsequent owners with a fully executed copy of thIS Agreement at or before closing on the sale 0 i' all or any portion of the Real Estate to same. 4. This Agreement shall be recorded by Owner in the Office 0 f the Recorder tor Hamilton County, Indiana. so that it shall appear in the chain of title for the Real Estate, within ten (10) calendar days 0 fits Effective Date. If Owner fails to timely record same, City may do so at Owner's sole cost and expense. 5. The undersigned persons executing this Agreement as or on behalf of City and O\VneL respectively, each represent and certify that: (a) he or she is fully empowered and duly authorized by all necessary action 0 f City and/or Owner to execute, deliver and bind same to this Agreement: (bl he IJr she has the tull capacity, power, and authority to enter into and carry outthis Agreement as or on behal for' the party he or she represents herein; and (c) the execution, delivery, and performance of this Agreement Ins been duly authorized by City and Owner. . 6. This Agreement shall become effective as of the date on which it is last executed by a parry hereto (tbe "E tTective Date"). dFII!lo'J'\.'II~I:/_ I".~ ~ h:J~11~,I\' ,ll~llIlIrHl~ .IlU",lIlC"llh 111II1.'~II./'lIhl~JI"HI h.JOlllrr:.lII~.JoJol.:;llJJ-"IAI21 --~.1; ,-.-Q --:._- b "CITY" "'OWNER" CITY OF CARl\1EL. INDL'\NA By and through its Board of Public Works and Safety BOOMERANG DEVELOPMENT. LLC By: By: ~~.- Authorized S~ature ./' James Brainard, Presiding Officer Date: ~~ ~~~ , Printed Name and Title Mary Ann Burke. Member Date: Date: 1 ~ cL- Lori S. Watson. Member Date: ATTEST: Diana L Cordray, L<\J.'vlc' Clerk-Treasurer Date: STATE OF INTIIA1~A ) ) SS: COUNTY OF Hamilton ) Before me, a Notary Public in and for said County and State, personally appeared ,Corby D. Thompson ,the Manager of Boomerang~ Development. LLC ("Owner'"), by me known, and who acknowledged the execution of the foregoing "Non-Remonstration Agreement" as his/her voluntary act and deed for and on behalf of _Boomerang Development. LLC ("Owner'"). Wimess mv hand and Notarial Seal this 3rd davof October, , 2002. ." - iJ~ ~-=. J NOTARY PUBLIC My Commission Expires: . . Donna Hansen Printed Name My County of Residence: Hamilton May 18. 2007 rcb:II~W,"oJ:l:'la'..'e Im.1 ~nv tiocWllr1lJ'!; J"rrrmnuI Ilufl.rm....l"1(r;,llun'ho,x.WI'1el"DI\~,Wx:;.Jr:lA'l]21 2 - ---..J!~-'.~p--:J!\-- - STATE OF INDIANA COUN1Y OF ) ) SS: ) Before me, a Notary Public in and for said County and State, personally appeared James Brainard. Mary Ann Burke and Lori S. Watson, by me known to be the Members of the City of Carmel Board ot' ._....Public Works and Safety, and Diana L Cordray, Clerk-Treasurer of the City of Carmel. \\110 acknowledged the execution of the foregoing "Non-Remonstration Agreement" on behalf at' the City ot' Cannel. Indiana. Wimess my hand and Notarial Seal this _ day of ,2002, NOTARY PUBLIC My Commission Expires: Printed Name My County of Residence: Prepared by Douglas C. Haney, City Attorney, One Civic Square, Cannel, Indiana 46032. lcb:lIlS''''lJrU;~: I..... IE" b... I1TY Ju;ulIlCllll'iJllf('!ffI"Cnll'llOf,....,nTDIUJ'"IIIIOmboomcnn.LiOC:"'l.tfl21 J