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HomeMy WebLinkAboutCovenants & Restrictions OF COVE T$. CONDITIONS RESTRICTIONS F I GREE TRACE T~I-~ DECLARATION, made and entered into tl~s day of 1999, by ("Developer"), WITNESSETH: WuI~.REAS, Developer is the fee shnple rifle holder of all the lands in Ham/Iron County, contained in and fully described on Er.h/bit "A", attached hereto and made a par~ hereof (herehafler the "REAL ESTATE"). W~REAS, Developer intends to divide the Real Estate into forty (40) tracts (each such trac~ hereinafter referred to in~viduany as a "Lot" and collectively as "Lots"), more or less, such subdivision known as FA1RGREEN TRACE. V~I~REAS, Developer desires to sell ~nd convey Lots subject to the impns/tion of certain mutual and beneficial easements, re/gcdctions, cove~mts, conditions and char~ designed to assure in. ss and e~ress thereto and to protect the value and desirabilivy thereof. NOW, THEREFORE, Developer hereby declares that each Lot ~md all Lots sb~ be held, conveyed, encumbered, leased, rendered, used, occupied and/reproved subject to the following covenants, conditions and res~ictions, which shall mn with the Peal Estate and be b/nding on each p~ty havin~ any right, title or interest in any Lot or Lots, and his. her or its heirs, ben~ciaries. restrictions shah inure to the benefit of the Owners end each and every one of the Owners successors in title to any Lot or Lots into which the Real Estate is subdivided. Def'mitions Section 1.01. l}eelaration: "Declaration" shall mean this instrument, together with any amendments or changes hereto which are hereafter made end evidenced as herein required. Section 1.02. Develonen. "Developer" shall mean or its successors or assigns in the ownership, development and division of the Real Estate, and/or any person, firm, corporation or other legal entity specifically desil~nated as such as set out in Article HI of this Declaration. ~ "Lot" (also referred to as "Tract"), referred to in the plural thereon as "Lots", shall mean any of the forty (40) tracts, more or less, into which the Real Estate is subdivided, the legal description being attached as Exhibit "A", which tracts are to be numbered in sequence as set out in the plat of Falrgreen Trace as recorded in the Office of the Recorder of}'lnmiltOll Colinty, IVdinnn. end any subsequent phases recorded thereto, as eny tract(s) may be enlarged or diminished by Developer in connection with a recontlguration thereof (in which event each tract shall be defined by the outside boundaries thereof). In no event shall any reconflguration result in any tract having en area less than the area permitted by applicable zoning laws and in no event shall the Real Estate be divided to permit the conmuction of more than Forty (40) single-family residences and related improvements otherwise permitted hereunder. ~ "Owner," referred to in plural as "Owners," shall mean and refer to the record owner, whether one or more persons or entities, their respective heirs, bene~ia~es, Page 2 of 29 successors, assigns and personal and lesal representatives, of the legal rifle to any Lot, including contract sellers, but excluding those having such interests merely as security for tho perform~nc~ of an obl/gation. Developer shall also be considered an owner for purposes of this Dedaradon for so long as, and to the extent that, Developer owns a Lot or Lots. Section LOS. Driveway: "Driveway," referred to in the plural as "Driv~mzys," shall moan that portion of any Lot developed and hard-surfaced for the purpose ofpermittin_gingress and egress to and from such Lot from any public road, easement or private roadway. Section 1.06. Lot Develonment Hans: "Lot Development Plans" shall mean and consist of the following plans: (i) a Mte plan, prepared by a licensed clvii engineer or registered surveyor epprovecl by Developer, showing existing improvements on a LOt, any proposed alteration of the topography, elevation or natural state of the LOt in connection with the improvanumt thereof or any construction thereon, and locating thereon all proposed improvements and structures showing fini~ed floor elevations and details relating to drainage; (ii) complete house building and/or accessory structure plans, including structural details, exterior elevations and floor plans; (iii) material plans and specifications; (iv) detailed landscaping plans describing tho size and name of all plantings as well as location and size oftroes which will be removed as part ofthe construction process; (v) all other data or information which Developer may reasonably request, incluclin~ but not limited to, a fury executed original and two (2) copies of the C'~lC~CK LLqT OF CO--CE FOR FAIRGREEN TRACE, as well as all accompanying plans, specifications and data requested therehx Seetion 1.07. Pro_nertv Owners' Assoeiafifln: "Property Owners' Association" shall mean the unincorporated association of owners established in accordance with Article IV of this Declaration, or such other legal entity as may be formed as a successor th~co. P~ge 3 of 29 Section 1.08. Subdivision: "Subdivision'* shall mean the Real Estate as divided into Lots, all as evidenced by a plat thereof as recorded in the Office of the Recorder of Hamilton County, Indiana, identified as the plat of Fairgreen Trace, and any subsequent plat amendment recorded thereto. Section 1.9. Maintenance Costs: "Maintenance Costs" ~hall mean all oftbe costs necessary to keep the facih'ty or improvements which the Property Ow'nm* Association has determined is for the common good, operational and in good condition, including but not limited to (i) the costs for all upkeep, maintenance, repair or replacement of all or any part thereot~ (ii) payment of all ~ premiums and taxes imposed thereon and on the unclerlying easement or right-of-way, and any other expemc related to the continuous operation thereof and (iii) costs associated with the operation of the Property Owners' Association or incurred in connection with the enforcement of the terms and provisions of this Declaration. Character of Lots Section 2.01. General: ~n every Lot or group of Lots referred to in these covezants shall be used exclusively for single-family residential purposes. Section 2.02. lmurovement and Develoument of Lots: No Lot shall be further divided to create any adclitional tract upon which a single family residence and improvements otherwise permitted hereunder may be constructed, nor shall any improvaments be made thereto or construction co~ proceed or continue thereon, except in strict accordance with thc terms and provisions of this Declaration. Not more than one (1) single family dwelling house, together with attached garage and such related accessory structures and recreational facilities as may be pea-~tted by this Page 4 of 29 Declaration shall be constructe~ altered, placed or permitted m remain on any Lot referred to by the covenants. In the event of multiple Lot ownership, no si~e family dwellin~ house shall be constructed on or across a portion of more than one (1) Lot without the express written conse~t of the Developer herein. Section 2.03. Oecunsncv or Residenfi*l Use of Parthdiv Comnleted Dwellinm House ~ No dwelling house constructed on a Lot shall be occupied orused for residentinl purposes for human habitation until it has been ~ubstantially completed. Tho dete~-~natiou of whether a dwellb~ house has been "substantially completed" shall be made by Developer and the City of Carmel Indiana, and m~c~h d~el~ion shall be bindiz~ on ~ parties at~%-ted tl~reby. Developer Section 3.01. Developer: The power~ and authorities contained in this Article shali be vested in Develope~ and the covenant% condition~q and restriction~ in Article V of this Dec, hu~tion ~ be acl~ni~ered and enforced by Developer, or theLr designated ~ucc~ors and/or a~q~. Developer's administration and enforcement of~uch covenants, conditions and restri~ons shall include, but not be limited to, approval Of LOt Development Plans prior to the improvement of any Lot. ~Te~her the exercise of ~uch admlni~tratiun aacl enforcement duties by Developer, nor the approval of any Lot Development Plans by Developer, ~ relieve any owner of any duty and obligation im?osed by this Declaration or compliance with the covenants, conditions or re~rictious as the same are recorded in the ottice of the H~mil~on County Recorder. In the event that a written approve/is not received from Developer within thiz~y (30) clays f~mthe date submittah are made, the failure to issue m~c,h w, lt~e~ approval shall mean the disapproval thereof. In the event of a disapproval, Developer ~ ~ive a Page 5 of 29 short statement ofthe reason or reasons for such disapproval within ten (10) days following receipt of a written request to do so. The Developer shall not unreasonably withhold approval and shall act in a manner which is neither arbitrary or capricious. However, Developer reserves the right to unilaterally deny approval of Lot Developraent Plans if the single family dwelling is incons~tant as to design, color, build~ materials, size or costs with adjacent Io~. Seetion 3.02. Powers ofl)eveloner: No Lot shall be developed and no single family dw~lln~ house, a~sory building, driveway or other structuro or improvement of any type, kind or character shall be constructed, placed, altered or permitted to remain on any Lot in the Subdivision without the prior writte~ approval of Developer. Any required approval shall be requested by an Owner by written application to Developer. Such written application shell be made in the manner and form prescribed fi.om time to time by Developer, end shall be accompanied by three (3) c~omp_ lete sets of Lot Development Plans as defined in Section 1.06 of these covenants, and such other information as may be reasonably required by Developer. The authority ~iven to Developer hereby is for the purpose of deta-~ining whether the proposed improvement and development of a Lot is consistent with the t~t-~ and provisions of this Declaration, is con, stent with and meets Developer's overall plans for improvement and development of the Reel Estate and is compatt~le and consistent with the development of other Lots. In furthe~nce of the foregoing purposes, Developer is hereby given discretion as to matters related to location, building orientation, layout, design, architecture, color schemes and appearance in approving Lot Development Plans. Any house building or other eccosses~ structure plans included as a part of any application to Developer for required approvals shell set forth the color and composition of all exterior materials proposed to be used and any site plan submitted shall describe and detail all proposed landscaping and include any other material or Page 6 of 29 information which Developer may reasonably require. All plans submitted shall be prepared by a resisteredland surveyor and an engineer or architect unless Developer specifically p=,,~ts oflm'wise. Sectig~ ;}.03. Liability of Developer: Neither Developer, nor his agents, mc, ce~ors or assisns, shall be responsible in any way for any defects or insut~ciencies in any plans, specitlcagons or other materials submitted for review, whether or not approved by Developer, nor for any defects in any work done in accordance therewith. Developer shah not be liable to any person, film, corporation or other legal entity a88rieved by Developers' exercise of (or failure to exercise) any of his powers as specified in Section 3.02 hereot~ and shah have no liability whatsoever which is claimed or ellesed to result, in whole or in part, upon refusal by Developer to approve Lot Development Plans submitted to Developer. Section 3.04. Insnection: Developer, the Property Owners' Association or their assi?s and the Cannel-Clay Township Plan Commission shall have the ril~ht to go upon any Lot, without bein8 a trespasser, to inspect any work beinG performed thereon, in order to assure compliance with this Declaration and conformity with Lot Development Plans and with any other plans or submittals made to him and upon which any approvals required by this Declaration are based. ,qeetioq il,0fit ~l~ssi_nnment of Duties: All of the duties, responsibilities and rights held by Developer under this Declaration shall be exercised and administered by Developer in good faith until such time, if any, as they may be assilpu~d by Developer to another of one or more Owners referenced by these covenants or any other lesel entity formed as a successor thereto. Any such assi~ment shall be at the option and sole discretion of Developer and may be made at any time or stase of development. Any assignment by Developer shall be by written instrument duly executed and recorded in the Hamilton County Recorders office. Followin8 any such assi?mant and recordation, Pa~e 7 of 29 the duties, responsibilities and rishts of Developer under this Declaration shall immediately vest in and be performed by the assi~ee or successor. ARTICLF. IV Association of Property Owners and Assessments Section 4.01. Association of Property Owners: In order to provide for the contim~in~ maintenance and admini~ti~tion of the Subdivision, there is to be established an Indiana Non-Profit Corporation under the name of Fairireen Trace Property Owner Association, Inc. The Properly Owners' Association shall be comprised of and limited in members to the Owners from time to time of the several Lots within the Subdivision. Membership in the Property Owners' Association shall commence iah-~ediately upon becomln~ an Owner and continue for so lon~ as ownership ora Lot or Lots continues. At such time as an Owner conveys title and ceases to be an Owner, membership in the Associatiun shall t=~,,-'nate. A new owner of a Lot shall automatically become a mf~flher. Althoush an owner need not participate in the ~4mlnlslration of the Subdivision, all Owners and the ownership of any Lot or Lots shall be subject to any and all rules and resulations duly established by the Property Owners' As~4xiation (as well as bein~ subject to the rishts of Developer and the terms and provisions of this Decinration) and shall be liable for the payment of aH assessments levied by the Property Owners' Association. The Property Owners' Association may assil~n or otherwise transh' its rishts, responsibilities and duties under this Declaration to any legal entity which may be formed as a suc;cessor thereof. Any such assi~ment or transfer shall be in writing and shall be effective when written evidence thereof is duly recorded with reference to this Declaration in the office of the Pase8 o£ 2~ Section 4.02. Rights and Duties of the Pronertv Owners' Association: The Property Owners' Association shall be responsible for the following: A. Protection, surveillance and replacement of the common areas includinl~ but not limited to, landscapin~ maintenance and upkeep of the common areas as shown on the plat including, but not limited to, Blocks A, B, C, D, (includin~ the retention pond in Block C and si~,~age located at the entrance to the Subdivision. B. Procurin~ of utilities used in connection with the Lots, sinsle fitmily residences and common areas to the extent the same are not provided and billed directly to owners of Lots by utility companies. Fuflher, it shall be the respons~2ility of the Property Owners' Association, if they choos~ to exer~;.se that responsibility, to provide for common snow removal throughout tho Subdivision, and bill the members according. C. P&yment ofinsurance (ifany may be required under other sections to this doclaration). D. Determination of general and special assessments levied asainst the Owners. E. Promul~tion ~ enforc~nent of the rules and resulations in this Declaration or as otherwise duly promulsated by the Owners be responsible for th~ followins.' 1. Arrange for the common pick up and removal ofgnrbase and waste so as to assure that one waste hauler will be ~liT~i to serve the Subdivision. 2. Exercise of the powers vested in the Property owners' Association by thi.q Declaration or by Articles of Incorporation and Bylaws of any successor corporation thereto. 3. Ownership of the aren shown on the Plat of Fair81'een Trace and desisnated as Block A, B, C andD. Pa~e 9 of 29 Section 4.03. Meetinns of the ProDertv Owners' Association and Voting Rinhts: Business of the Property Owners' Association shall be conducted at meetings of th/s Association. Meetings of the Association may be called by the then otrrent Chairman or Secretary-Treasur~ of the Property Owners' Association or upon request of the owner(s) of at least ten (10) Lots. Written notice of any meeting of the Lot Owners shall be personally delivered or mailed by first class United States mail by the Secretary-Tressurer to all Owners at least twenty (20) days prior to any proposed meeting. The Corporation shall have the following ciassns ofmembership w/th tbe following voting r hts' A. ClsssA ClassAmembersshailbeallownersofLotsintheSubdivision- EachClass A member ~hnll be entitled to one (1) vote for each Lot of which such member is the owner 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 { l) Person constitot~ tho Owner of a particular Lot, all such Persons shah be members of the Association, but all of such Persons shall have only one (1) vote for such Lot, which vote shall be exercised as they among themselves determine, but in no event shall more than one (1) vote be cast with respect to any such Lot. B. Class B. Class B members shall be Developer and ail successors and s~/gns of Developer designated by Developer as Class B members in a written notice ma/led or delivered to the resident agent of the Association. Each Class B member shall be entitled to five (5) votes for each Lot of which it/s the owner on all matters requiting a vote of the members of the Association- The Class B membership shall ces,~ and terminate on the date upon which the written resignation of the Class B m~mhers as Page 10 of 29 such is delivered to the Association or successor thereto or the date Developer no longer owns any Lots in the Subdivision, whichever occurs first. At, er tho above, Class B memberships shall be converted to Class A memberships, and each former Class B member shall be entitled to one (1) Class A membership for each Lot owned in the Subdivision. ~tion 4.04. Assessments: The Property Owners' Association shall have thc power to levy uniform, general and special assessments aSainst each Owner and each Lot, without regard to the 9izo thereof relative to any other Lot in the Subdivision. ~,~ 4.0~. Creation of it l,i,_a ,ma Person~! Obligation of Assessments: Developer hereby covenants and each owner of each Lot by acceptance of a deed thereto, whether or not it shall be so expressed in such deed, is deemed to covenant and agree, to pay to the Property owners, Association general and special assessments, such assessments to be established and collected as provided in this Article. Until paid in full, an assessment not paid when duo, to~etber with interest thereon (at a percentaso rate per annum equal to the theo current Indiana statutory maximum nflm*sl interest rate) and costs of collection (includin8 reasonable attorneys* fees and court costs) shall be a continuin~ lien upon the Lot a~Ain.qt which suc, h assessalent is made. ~h assessm~ilt, tosother with interest and costs of collection as aforesaid, shall also become and remain, until paid in fidl, the personal oblisation of the one or more persons or entities in ownership of thc Lot at the time when the assessment first became due and payable. If any owner fails, refuses or neglects to make payment of an assessment'when due, the lien for such assessment on such Owner's Lot may, at any time followin$ notice thereof by First Class United States Mail of the amount thereof to an Owner and thc expiration often (10) days from the date such notice is sent, be foreclosed by tho Property Owners* Pa~e ! 1 of 29 Association in the same manner in which a Mechanic's Lien is foreclosed ~om time to time under Indiana law, or in any other mariner otherwise f~om time to time permissible or provided by law. The Property Owners' Association may, at its option, bring a suit against the Owner (and if more than one, eithe~ jointly or severally) to recover a money judgment for any unpaid assessment without foreclosing the lien for such asses,~ment or waiving the lien securing the same. In any action to recover an assessment, whether by foreclosure or otherwise, the Property owners' Association shall be e~titled to recover interest as aforesaid and the costs and ex~,nse~ of such action, including but not limited to, reasonable attorneys' ~es and court costs. Section 4.06. Puruose of Assessment: Gener&l or special assessments levied by the Property Owners' Association shall be used exclusively to exercise those powers and advance those purposes for which the Property Owners' Assochtion has been formed by this Declaratio~ Section 4.07. Basis for Assessment: Except as provided in Section 4.09 he~eof~ general or spedal assessments levied by the Property Owners' Association shah be assessed unll~orndy against each Lot (and the Owner(s) thereof), regardless of whether any such Lot is improved or unimproved and without regard to the type of improvements constructed on any Lot, or the extent of use of the facilities and improvements for which any assessment, Eeneral or specified, is made. ~.etlnn 4o(11~, Annnnl Meeting. Adontinn ofBndset nnd Genernl Assessment: Between May Ist and July I/)th of each year, the Association shall hold an annual meetin~ with notice to all owners in the manner required by 4.03 of this Declaration. At the snnusl meetinl~ the Ovmers shall elect a Chairman and a Secretary-Treasurer to coordinate and handle the day to day affairs of the Property Owners' Association and shall adopt a proposed annual budget. The budset, adopted by the Property Owners' Association, shall provide for allocation of anticipated expenses in such a Page 12 of 29 manner that the obligations imposed by this Declaration will be met and shaH further outline aH anticipated expenses and obligations for the period covered thereby. Following approval of the budset, the Chairman and Secretary-Treasurer shall fix a uniform general assessment against each Lot (and the Owner(s) thereof) in an amount neces.sa~ to defray the expenses and obligations budgeted, togather with an amount, ii' any, approved by the Owners to permit establishment of and/or conm'bution into a reserve account in order to defray anticipated fi~ture capital expenditures. Notice of the uniform general assessment sludl be sent by the Secrets.,y-Treasurer to each Lot Owner as soon as practicable following the annual meetln_~. Unless otherwise determined by majolity vote of the Owners, the general assessment established shall be paid in fuli to the Seeretmy-Treesur~ of the Property Owners' Association in one (1) instnllment on or before August 31 next succeeding. Upon receipt of payment, the Secretary-Treasurer shall deposit the amount involved in an account opened and maintained in the name of the Property Owners' Association at a state or national bank havin~ its principal banking offices in either Carmel or Indianapolis, Indiana. Withdrawals from such account shall be made only upon the approval of both the Chairmen and Secretary-Treasurer si~ning jointly and only for & purpose or purposes set forth in this Declaration. Section 4.09. Snecinl Assessments: In addition to the general assessment, the Property Owners' Association may levy in any calender year one (1) or more unit'orm special assessments against each Lot (and the Owners(s) thereof) for the purpose of defraying, in whole orin part, any unanticipated expenses or obligations or thc costs of any major reconstructions, ~air, replacement or maintenance required, PROVIDED THAT the levy of any such special assessment must be approved by the Owner(s) of at leest two-thirds (2/3) of the Lots who are voting in person or by wtltten proxy et & special meeting of Owners duly called for such purpose, subject to w~'itt~n notice Page 13 of 29 delivered in person or sent by first class United States mail at least fi/teen (15) days in advance to each owner of the time, place and purpose of such meeting. Following approval of the levy of any such special assessment, the vote of the Owner(s) of at least a majority of the Lots shall estab!!.~h the date or dates any such special assessment shall become due, and the manner in which it ~hnl! be paid to the Secret~-Treasurer for deposit in the Property Owners' Association account established and maintained in accordance with Section 4.09 hereot~ for use consiste~ with the purpose or purposes for which such special assessm~ was levied Section 4.10. Subordinmfion oF Ibc Lien to Mortfa~es: The lien of' the assessments provided for herein a~in~t a Lot shall be subordinate to the lien of' a recorded bona fide first mortF~e coverinf~ such Lot and subordinate to anytax or special assessment lien of'suchLot in favor of'any f~ovemm~tal t~ag or assessing authority. The sale or tr~,~'er of'a Lot shall not affect the assessme~ lien. The sale or trans~ of'a LOt pursuant to bona fide mortgage foreclosure proceedin~ or any other bona fide proceeding in lieu thereof` shall, however, extln_~t,i~qh the lien of` such assessment as to any payment which became due prior to such sale or transfer. No such sale or transfer shall release a Lot from liability for any assessments there~ter becomin8 due or from the lira Section 4.1L Duties ~g ChahemAn and Secretly-Treasurer of` the Pronertv Ownm' ~ The Chairman and Secretary-Treasur~ of`the Properly Owners' Association, or their desisnee, ~h~ll have the duties set forth in this Declaration, shall at~end to and handle the day to day a~airs of'the Property Owners' Association and shall attend to handle such other duties delagated to them by the Owners. All acts taken and things done shall be measured by a standard of`reasonableness and neither the ChAirman nor the Secretary-Treasurer .qh~l! have any liability to an owner, Owners Page 14 of 29 or the Property Owners' Association unless acting in bad faith in a manner inconsistent with the terms and provisions of this Declaration. Notwithstanding the foregoing, in no event (except in the case of a bona fide emergency invo lying a total expenditure not exceeding One Thousand Dollars ( $1,000) or such other amount fi'om time to time established by the owners), shall e~ther tho Chairman or Secreta~-Treasurer have any fight, privilege or authority to contract for, solicit, hire or otherwise obtain services or msterials which are not included within and covered by the budget theo applicable or which are otherwise funded by a special assessment levied in accordance with Section 4.09 hereof. Section 4.12. Reeeiut ForPavment: TheProperty Owners' Assodation shall, w/thin twemy (20) days a.qer demand made at any time, furnish a rece/pt in wr/tin~ signed by the Secret~ry- Treasurer of the PropeW] Owners' Assodafion, specifying that the assessment respecting a Lot has been paid or that certain assessments remain unpaid, as the case may be. Such rece/pts shall be conclusive evidence of payment of any assessment therein stated to have been paid. Lot Development Section 5.0L Lot Develoument: Prior to the c~velopmen~ improvement or alteration ot~ or the construct/on on or Addition to, a Lot or Lots, the Owner(s) thereof shall first obtain written approval Dom Developer of the Lot Development Plans as required by Attide IN ofthh Declaration. Any improvement, development or alteration of a Lot or Lots, and any conslruction thereon or addition thereto, shall sUictly comply with this Article V. In the ~ent of a conflict between a se~ of duly approved Lot Development Plans and the terms and provisions of this Article V, the te~ms ~ provisions of Article V shall control. Section 5.02. ~T~u_e. Size and Nature of Construction Permitted: No single-family Page 15 of 29 dwelling house, garage driveway, accessory building, fence, swimming pool, tennis court or other recreational facility permitted by this Declaration shall be erected, placed or altered on any Lot without the prior written approval of Developer or Property Owners Association, respectfully, as required by this Declaration. Such approval shall be obtained prior to the oomm~nc~m~R of construction and shall be subject to the followin~ minimum standards: A. No structure or buildin~o shall be erected, altered, placed or permitted to remain on Bo any Lot other than one single-family dwellin~ not exc~edin~ two and one-haW(2 ½) stories in height, one private atteched garage for a .minimum of two (2) vehicles, maximum of four, and tach other accessory buildings or structures related to swimmin__l~ pools, tennis courts and other recreational facilities, inol~din~ conservatories which are usual and incidental to the use of the Lot for sin~e-family residential purposes. The minimum finished floor area ora one-story dwelling house consffuct~,,d on a Lot, exclusive of open or screened porches, attached l~aral~ and basements or below l~mde levels, shall be 1,600 square feet. No sinsle-family dwellin~ house, sarage or accessory structure of any kind shall be moved onto any Lot and all mnterials incorporated into the construction thereof shah be new, except that used brick, weathered barn siding or the like, or interior design features utilizin$ other than new materials, may be approved by Developer. No tent, basement, F~-'~e, barn or other structure slutll be placed or constructed on any Lot at any time for use as eider a temporary or permanent residence or for any other purpose except as reasonably required in connection with the cons~uc~ion ofa sin~le- Page 16 of 29 family dwelling on a Lot. D. The concrete or block foundation of any single family dwellin~ house or accessory structure constructed on a Lot shall be covered on the exterior with wood, brick or stone veneer so that no portion of the exterior thercofis let exposed above ltround. E. Each attached garage .~sll be designed ns a part of the sinffle family dxw. llin~ house to which it is attnched. Further, garage doors shall rem~ closed except when enterinl~ exitin~ or otherwise haviag the need to ~ess the l~'~e. The ~arage door openings £or each sin~e-~mily dwellin~ shall be prohibited ~om ~ directly and/or runni~ p~rnllel to the dedicated public ro~d or the private roadv~ty nerving the Subdivision. It is the intent o£this p~h that the ~'~e door opaline shall be designed nnd constructed in such a manner to minimize, to the extcot possible, any direct viewing Erom the dedi~ted public streets or priwte roadways. F. The roof of each single-family dwellin~ house cons~'ucted on a LOt (exclu~ti%~ that portion of the roof covering the at~cbed l~age or open or enclosed porch) shall have a pitch of between 7-12 to 12-12 or I~'eater unless otherwise approved by Developer as a part of Developer's approval of LOt Development Plans. G. No house or other s~uct~re ~ contain aluminum or vinyl siding. FuztJ~r, n plywood or other sheets of wood with dimensions of four (4) foot by e~g~t (8) foot may be used £or exterior siding. H. No open loop geothern~l he~t pumps ~ be allowed. ~eetlon ~.0~. Tree Prese~atlon: Existing mature trees (havin~ a l~ni~ in excess of six (6) inches in dismeter measu~d at a point three (3) feet ~om undistud~ ~'ound) shall be preserved to Page 17 of 29 the extent the reraoval thereof is not mandatory in connection with the construction of an approved single family dwelling house or accessory buildin~ unless the removal thereofi~ otherwise speciticaily approved by Developer or any such tree is dead or decayed and dangerous. Section 5.04. Completion of Construction: Ail construction upon a Lot shall be completed in strict accordance with the Lot Development Plans approved by Developer. The exterior of any dwelling house built upon a Lot or combination of Lots shah be completed within elghte~tl (18) months after the date of commencement of the foundation and the site graded and nay areas to be covered with ~xnss shall be seeded or sodded. Each Lot .qhall be kept and maintained in a sightly and orderly manner during the period ofconstructiol~ AH builders will be required to utilize and pay for a thirty (30) cubic yard trash receptacle for each home during period of construction in order to properly dispose of debris. Every builder or owner shall be required to furnish a Port-O-Let for their workers during construction. However, multiple builders or owners may combine to pf ovide Port-O- Lets to their workers. During construction, Owner is responsible for any damage to ~urbs previously installed in the Subdivision by Developer. In the event of damage to a curb by owner, or owners' builders, which requires said curb to be repaired or replaced, then, and in that event, the Developer shall cause said curb to be rephced and the costs of repair shall be paid by the Owner causing said damage. Section 5.05. Storsse Tsnks: No storage tanks, of any nature, for any use, shall be allowed on or be buried on any Lot. Stolon 5.06. Msilboxes: AH mailboxesina-talledthroughout the Subdivisionwillbe-niform and will be constructed and installed by the Developer in a material suitable to Developer at his sole discretion. The cost of these mailboxes, including the installation, will be paid to Developer by the Page 18 of 29 owner prior to installation by Developer. Further, all mailboxes shnll be served by electricity which shall be furnished and installed by Owner at the time of the construction of the single family residence. To the extent that mailboxes are constructed of brick or stone, the Developer and owne~ hereby release the City of Carmel, Indiana, from any and all liability due to mailbox dama~ caused by snowplows or other vehicles owned or operated under control of the City of Carmel, Indiana.. Mailboxes and lights thereon shall be malmained by Owner and in good worldng order at all limes. Section ~.07. l)rlvewavs: No Lot shnll be permitted to contain more than one driveway and each Lot shall be allowed only one cut onto a public street adjoining the Lot. property. A drivev~y constructed on any Lot to and from the private street shall be constructed and mainteinad so as to provide the sole means of ingress and egress to such Lots for vchioular traffic. The driveway on each Lot shall be cut and stone or gravel placed thereon prior to development or improvement of the Lot to the extent necessary to avoid the transmittal of mud from construction traffic to the Public Roads. Upon substantial completion of construction, each &ivew~y shnll be constructed of either hard mixed a~regnte, concrete, asphalt' paving, brick or other material acceptable to Developer. Under no conditions shall driveways be constructed over o~b inlets of the storm sewer system within tho fight-of-way of the public road or private roadway. No asphalt or conc~te driveway shall be placed behind a curb containing these inlet grates. Sention 3.08. ~'enees. Walls. Haines or Shrub Plantinns: No fence, wall, hedge or other so'eening shnll be erected, placed, altered or permitted to remain on any Lot other than as approved (as to location, type, materials, design and height) by Developer under Article I~ of _th_is Declaratio~ In no such situation shall these structures or plantings be placed within platted drainage and utility Page 19 of 29 easements or within tho right-of-way of a public street. Section 5.09. Ditches 8nq] Swales: Thc Owner of any Lot on which any part of a drainage tile, open storm drainage ditch or swale is situated shall keep such portion thereof as may be situated upon his Lot or Lots continuously unobstructed and in good repair, and shall provida for the installation of such culverts upon said Lots as may be reasonably nacessa~y to accomplish the purposes of this subsection, all at each such Owner*s own cost and expense. Section 5,10. Pondinl and Runoff: No owner shall cause or p~mit any pond to be created on any Lot, including without hnplied !imlt~ttJon, bom any swale, ditch, stream or creek located on the Real Estate. Further, each owner shall prevent water run-off and the depositing of soil and mud bom the Lot onto the street through the use of silt fences installed during the home building process. To tho extent that an owner permits, causes or allows mud to enter onto the streets or private roadways in the Subdivision, during construction or otherwise* tho Developer reserves the right to clean the streets and bill or assess the owner for said costs. The Owner shall pay or reimburse to Developer the reasonable charge for street cleani~ and maintenance within thlr~y (30) days ILfi:er beln~ billed or assessed thereto. Section 5.11. Antenna Discs orOtherSimflarStructures: Satellitedisbesmaybeerected and placed within t. be s~le-family residence constructed on the LOt; provided that said antenna disc, tower or structure is concealed bom external view and placed v~thin the structure itse~. Section 5.12, Subsurface Drains: Each Lot in the Subdivision has been provided with a four (4) inch tile drainage outlet for the purpose of accepting the flow bom sump pump drains. These tiles flow into six (6) inch diameter interceptor drains located under the street curb and eventually they outlet into the storm sewer system. In no situation shall a sump pump be outletted directly to tho Page 20 of 29 surface of the street. Gravity drainage from downspouts may be drained into ravines at the rear of Lots only in situations where the downspout is located below the elevation of the street drah~ All floor drains shall drain into the sewage disposal system of the home. In no situation shall pumps be outletted into the sanitary sewer system of the home or in a ravine or open areas on the Lot. Section 5.13. Compacted Fill Mnteriai On Lots: Lots may contain compacted fill material. This soil, althouF~h it has been properly compacted, may not contain ~milar enfhemin8 properties of undisturbed soil for the purpose of foundation construction. Owners shall be solely respoasl~)le for soil compaction, or lack thereot~ and each Owner shall hereby relieve the Developer of any and all responsibility or liability for disturbed or undisturbed soil as it relates to the owners oonstm~ion pro~ess, or any other. Developer makes no promises, representations or warranties, either exprms or implied, as to the nature, quality or compaction of the soil on any individual Lot as each owner is responsible for testing and determinin~ the quality and characteristics of soil on their respective Lot. Section 5.14. Treehunse~ and Plnvln~und F~uiomeat: No treehouses will be allowed on any Lot in the Subdivision. Further, any and all playlp'ound equipment shall be made of wood ns its primary buildin~ mst ~,~ial. In no event shall any play, round equipment be allowed that uses metal or plastic as its prima~y buildin~ material. The location and installation of any playlp~md equipment shall be done only with the express written approval of Developer. Seetiou 5.22. Irri_p. ntion Systems: Owners shs!! be required to installunder~round front and side yard inigation systems on all Lots in the Subdivision. The ins~lation ofinilpuion systems shall be installed contemporaneously with the sinsle family residence to be consm~cted on each Lot and the landscaping installed therein. ~un supply pipes and sprinkler heads shall not be installed in Pase 21 of 29 tho public road fight-of-way. ARTICLE VI Use and Maintenance of Lots Section 6.01. Vehicle Parkin~f: No camper, motor home, truck, trailer or boat may be parked or stored ovo-~ght or longer off any Lot in open public view. Further, no vehicles as set out above, including automobiles, lif~ trucks or pickups, shall be parked or stored on the private roadways or common areas throughout the Subdivision. Section 6.02. Home Occuuations: No home occupation ahall be conducted or ma;ntalned on any Lot other than one which is incidental to a business, profession or occupation of the Owner or occupar~ of tach Lot and which is generally or regularly conducted at another location which is away ~om such LoC No signs of any nature, kind or description shall bo erected, placed or permitted to remain on any Lot adverti~in,~ 8, pmmitted home occupation. ~ No si~n of any kind shall be displayed to public view on auy Lot except that one two-sided sign (not exceedi~ s~x (6) square feet per side) may be displayed at anytime for the purpose of advertising the property for sale, or may be displayed by a builder ~o advertise during consuuction, provided that, said d~n is submitted and approved in writin~ by Developer. ~ioe ~.04. Maintenaoce of Trae~ a~d Im~rovememts: The Owner of any Lo~ ~ ~ all times w*in~fin the Lot and any improvemems situated thereon in such a manner as to pm've~ the Lot or improvements fi'om becomin~ un,ightly, and, specifically, each such Owner shall: A. Mow such portion ofthe Lot or Lots upon which ~rass has been planted at such times as may be reasonably required; B. Remove all debris or rubbish; Page 22 of 29 C. Prevent the existence of any other condition that reasonably tends to d~h~t from or diminish the aesthetic appearance; and D. Keep the exterior of all improvements in such a state ofrepalr and maintenance as to avoid their becoming unsightly. Section 6.05. Animals: Only dogs, cats and $imil~r anin~s generally and customarily recognized as household pets, not exceeding in the aggregate three (3) in number, may be kept or maintained on any Lot as household pets. All animals kept or maintained on any Lot in this Subdivision shall be kept reasonably confined by means of leash, invisible fencing, or other product ~mil~ thereto, so as not to become an annoyance or nuisance. No animal shall be kept or ~ on a Lot for commercial purposes or prima~y for breeding purposes. Section 6.06. Garbaee. Trash a~q] ~her Refu~e: The outside burning of garbage or other refuse shall not be p~u,itted on any Lot, nor shall any outside accumulation of refuse or irash be permitted on any Lot. Each single-family dwelling house built shall be equipped with a gatbl~e disposal unit of a type, kind and capacity approved by Developer, and once installed, each such unit shall be kept and maintained in good workin..~ order so as to be and remain e~lvironmentally acceptable. Trash and recycling receptacles will be supplied by the Property Owners* Assodation under a contract with a waste re~noval company and will be paid for by each individual Owner so to have common trash receptacles and collection throughout the neighborhood. In no event shall any Owner allow a trash or recycling receptacle to remain outside for longer than a twenty-four (24) hour period of time. Section 6.07. Nui~auce~; No noxious or offensive activity shall bo conducted upon any Lot, nor shall anything be done thereon which may be, or may bccome~ an annoyance or nuisance to the Page 23 of 29 neighborhood or another Owner. Section 6.08. Maintenance of I.~ndevelooed and l,~lgg]l~J~L~ Owners of undeveloped or unoccupied Lots shall at all times keep and maintain such Lots in an orderly maimer, causing weeds and other gl'owths to bo reasonably cut and shall preveet tho ac, ommlafion of rubbish and dcbri.~ thereon. Section 6.09. Property Owner~' ~dlOf-htion's Right to Perform Certain Maintenance: In thc ~vent that the Owner of any Lot in this Subdivision fails to reasonably maimain such Own~s Lot and any improvements situated thereon in accordance with the provisions ofthis Article VI, or as otherwise r~luiml by this Declaration, the Property Owners' Association, by and through its agants, employees or contractors, shall have the right, but not the obligation, followin8 notice in writing to such Owner of an intcrflion to do so units roasonsblo maintenance as detailed in such notice is performed and the expiration of twenty (20) days theresfler without such maintenance being done, to emer upon such Lot without I~ing atrespasser to r~pair, mow, c, lcan, or perform such other acts as may be reasonably necessary to make such Lot and the improvements situated thereon, conform to the requiremem~ of this Article VI, or as othe~so set forth in fha, Declaration The out- of-pocket costs incurred by the Pmpe~ Owners' A~sociatiun in connection therowith shall be colloctible f~omthe Owner(s) of any such Lot and shaft represent a lien against any such Lot until paid in full together with interest thereon, cost of collection and attorneys' fees, all without relief from valuation and appraisement laws, as ifcob~ituting an unpaid general assessment levied under Afliclo IV of this Declaration. Neither the Developer or Property Owners* Association nor any of its 0.gents, employees or co~i, ~ctoFs shall be liable for any dan~e which may result f~om any maintenance work performed hereunder. Page 24 of 29 Seetlon 6.10. Draina_ne and/or Retention Ponds: Block C ofthe Subdivision has a drainage and/or retention pond th~ provides for the accumulation of water throu~out the Subdivision. Ail water activities shall be specifically prohibited on the drainage and/or retention pond. Section 6.11. Yard Li~htinn: The Owner shall install yard l~ting havin~ a minhnum ~ at lea~t five (5) feet above finighlag grade in the f~ont yard of the home between the platted building setback line and the street right-of-way. The type, style and location of said yard light shall be subject to the approval of Developer. E~sements and Common Areas Section 7.01. Easements: The strips of ground shown on the survey of Lots attached hereto and designated Drainage and Utility Easements ("DE" or "UE') either separately or together, are hereby c~eeted for the use ('mcludiag required ingress and egress necessary a~ a part thermf) of public utility companies, governmental agencies, police, fire, ambulance and other emergency vehicles, and the Owners of the Lots herein as follows: "Drainage Kasements' (DE.) are created to provide paths and courses for area and local storm drainage, either overland or in adequate underground conduit, to serve the needs ofthis and adjoinin~ ground and/or he public drainage system. No structures, including fences, shall be built on a Drainage Easement which obmuct flow from the area being served, nor shall any cha~es be made in the Iinished grade elevations of any Lot, whether in connection with the construction of improvements thereon or otherwise, so as to modify, alter or chaage the location or depth of any drainage swales, ditches or creeks located within any such Drainage Easement without the approval of all Federal, State, County or Municipal authorities from whom approvals are required by law, or which would in any way prohi'oit, im.ned~ restrict or alter the natural flow of surface water drainage. "Utilit~ Easements" (U.E.) are created for the use of public utility companies, not includinStransportation companies, for the installation, operation and maintenance of mains, ducts, poles, lines and wires necessary to provide utility service Page 25 of 29 to a Lot or Lots, subject to the condition that following any installation or maintenance, the affected area within such Utility Easement shall be returned to the condition existing prior thereto at the cost and expense of the party responsible for having such work performed. Those areas designated as private roadway~ ~ be utilized and treated as a Utility Easement to the limited extent that specific permission is hereby granted to the governmental and quasi-public agencies of police, fire, ambulance and other emergency vehicles to access these Lots serviced by the private roadway throughout the Subdivision. The Owners shall take title to the Lots subject to the foregoing easements rights in, along and throush the strips of ground properly designated as hereinabove set forth on the recorded survey of the Lots for the purposes herein stated. Section 7.02. Common Area: The purpose of the plat designated as Common Area, Blocks A, B, C and D, ("Ope~ Space") shall be transferred and conveyed to the Corporation prior to the date the Class B membership ceases or t~minates, subject to the followin8 restrictions and limitations: A. The Open Space, following completion of the Subdivision, shall be maintained in its then natural state except for such selective clearing u fi.om time to time may be necessary to implement good husbandry practices; B. Block D may be used by the Owners, their guests and invitee~__, u a passive recreational area, subject to the rules and regulations as adopted by the Corporation; C. No structures shall be permitted in the Open Space. General Section 8.01. Wah, er of Damn_~: Ne/ther the Developer, their nominees, representatives or dasigueas, shall be liable for any claim for damages whatsoever ~ out of or by reason of any Pase 26 of 29 acts taken (or not taken) or things done or performed (or not done or performed) pursuant to any authorities reserved, 8ranted or delegated pursuant to this Declaration. Section 8.02. Enforcement: The right to enforce the restrictions contained in thi~ Declaration and all covenants and restrictions contained hereln-n including, but not limited to, the right of injunctive relie~ or the right to seek the removal by due process of law ofstruclx~es erected or mairmtined in violation of this Declaration, is hereby siren ~nd reserved to Developer, Property Owners' Association and the Owners fi.om time to time of Lots and all parties claimin8 under thetn, the Carmel/Clay Town.~hip Plan Commission, all of whom shall have the right, individually, jointly or severally, to pursue any and all remedies, in law and equity availabla under applicable Indiana law, w~hout be~g required to show actual damage of any kind whatsoever, and shall be entitled to recover, in ~ddition to appropriate monetary clama~es, if any, reasonable attorneys' fees and other legal costs and expenses incurred as a result thereof. Section 8.0;~. ~.,vernhiliff; The provisions of this Declaration shall be sram'able and no provision shall be afl%cted by the invalidity of any other provision to the ex~ent that such invalidity does not a~o render such other provision invalid. In the event of the invalidity of any provi~on, thl, Declaration shall be interpreted and en~'orced as if all invalid provisions were not contained he~i~ ~_'tion 8.04. Non=Liability of Develon~l3 Developer shall not have any llnl",'~'y to nn Owner or to any person or entity with respect to drainage on, over, under or through & Lot. Upon the improvement and development ofaLot, the proper handling Of storm and surface wn_t_~ drainage shall be the responsibility of the Owner of such Lot, and each Owner by the acceptance of a deed to a Lot, shall be deemed to and does thereby release and forever discharge Developer ~om, and shall indemnify and hold harmles~ Developer a~ains~ any and ~11 liability ~ng out of or in connection Page 27 o£ 29 with th~ handling, discha~g~ t~ansmlsslon, · ~ to, ~o~ ~d pay for ~h ~b~c ~ ~d pro~ d~e ~ce ~ ~y bo d~ to pro~de prot~ion ~ loss, co~ ~d ~e by r~n of~ to or ~e d~ ofp~ or ~ to or ~e de~on of prop~ ~on 8.06. Bindinf Effm: ~s ~o~ ~d red.om h~ colorlon or o~ le~ ~p~e ~rs or u~. ~onS,~, Duration: ~sD~l~on~re~omi~o~~~ · e R~ E~e ~od of ~-five (25) y~ Dom ~e ~ of ~o~ nd ~ ~~ ~ ~r ~ve p~o~ of (10) y~ ~on 8.08. Amendmm~ ~ ~y ~ ~d ~e ~e pro~o~ h~ not to ~e by ~e ~op~ ~ long ~ ~e D~elop~ ~ ~ o~ of a ~ ~thin F~ T~. Page 28 of 29 IN WITNESS WHEREOF, the undersisned has caused th/s Declaration of Covenants, Conditions and Restrictions to be executed on the day and in the year first above wfittea. "DEVI~J ~PER' By: Printed: Title: STATE OF INDIANA COUNTY OF MARION ) ) SS: ) Before me, a Nota~ Public in and for said County and State, personally appeared , the of , who acknowledged the execution ofthe for~oin~ Declaration of Covenants, Conditions and Re~'~c~ions for ~ on behalf of said Corporation. Witness my hand and Notarial Seal this day of ,1999. Notary, S'~nature Printed:, My Co~i-*~on Expir~: County of R~sidence:. This Instrument Prepared By: James J. Nelson, Esq. Nelson & Frankenb~rger 3021 East 98~ Street, Suite 220 ~ndianapolis, IN 46280 Pa~e 29 of 29