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Home My WebLink AboutCherry Tree Grove CCRs.pdf2008041420DECLARATIO $48.00 08/12/2008 10:49:55A19PGS JenniferJHayden HAMILTONCounlyRecorderIN RecordedasPresenled DECLARATIONOFCOVENANTS,CONDITIONSANDRESTRICTIONS FORCHERRYTREEGROVE Theundersigned,CHERRYTREEGROVEDEVELOPMENT,LLC.,anIndianaLimitedLiability Company(hereinafterreferredtoasthe"Developer"),theowneroftherealestateshownanddescribed herein,doherebycertifythattheyhavelaidoff,plattedandsubdividedanddoherebylayoff,platand subdividesaidrealestateinaccordancewiththewithinplat.Thefollowingrestrictions,limitationsand covenantsareherebyimposedupon,shallberunwiththelandcontainedinsuchplates)andarerecorded asInstrument #1.00'004191 9 intheOfficeoftheHamiltonCountyRecorder. Pc-I-{J S\l(le..q~lP ThisDevelopmentshallbeknownanddesignatedasCherryTreeGrove,anadditioninClay Township,HamiltonCounty,Indiana(hereinafterreferredtoasthe"Development").Allstreetsshown andnotheretoforededicatedareherebydedicatedtothepublic. A."Committee"shallmeantheCherryTreeGroveArchitecturalControlCommittee,composedof andoperatedunderthetermsofArticleIIherein. B."Association"shallmeantheCherryTreeGrovePropertyOwners'Association,Inc.,AnIndiana not-for-profitcorporation,themembershipandpowersofwhicharemorefullydescribedin ArticleIVhereinandintheAssociation'sBy-LawsandArticlesofIncorporationwhichare incorporatedhereinbythisreference. C."Builder(s)"shallmeanonewhoacquiresaLotdirectlyfromthedeveloperforthepurposeof buildingasinglefamilydwellingonitforimmediatere-saleofLotanddwellingtogether. E."Lot(s)"shallmeanthenumericallynumberedparcelswithintheplatofCherryTreeGrove designedfortheexclusiveuseoftheconstructionofasingle-familyresidencethereon. F."CommonAreas"shallmeanthealphabeticallynumberedparcelswithintheplatofCherryTree GrovedesignedforthemutualuseandenjoymentofalltheOwnersofLotswithinCherryTree Grove. G."RightofWayEnhancements"shallmeanthepropertylocatedbetweenthestreetcurbandthe sidewalkalongbothsidesofallinternalCityofCannel'sstreetsinCherryTreeGroveandall theimprovementslocatedthereonincludingbutnotlimitedtograss,plantsandtrees. H."Owner(s)"shallmeanthepersonorpersonsthathavebeendeededandholdownershipinany LotwithinCherryTreeGrove. 1."Covenants"shallmeantherecordedtermsandconditionsofthisDeclarationofCovenants, ConditionsandRestrictionsforCherryTreeGrovetogetherwiththeAssociation'sBy-Laws, anyrulesandregulationsadoptedbytheBoardofDirectorsandtheDesignGuidelinesfor CherryTreeGrove. J."ApplicableDate"shallmeanthedateofthefirstmeetingofthemembersoftheAssociation occurringonorafterthefirstofthefollowing1)Developerrelinquishesit'spowertoappoint theBoardofDirectorsor2)DevelopernolongerownsanyoftheLots. K."Development"shallmeantheCherryTreeGroveDevelopmentandallrealestatecontained thereinasshownontherecordedplates)recordedinHamiltonCounty. L."Dwelling"shallmeanabuildingerectedonaLotwithintheDevelopmentforresidentialliving purposes. N."DesignGuidelines"shallmeanthesetdocumentsestablishedbytheDeveloperandafterthe ApplicableDate,bytheAssociation,toestablishminimumstandardsofdesign,construction andmaintenance,whichareconsistentwiththelevelofqualityandcharacterdesiredforCherry TreeGroveandtheCovenantsandtoassistbuildersandhomeownersintheplanning,design, maintenance,andconstructionofallsiteimprovements.TheDeveloperandtheCommittee reservetherighttomakeanyamendments,repeals,ormodificationstotheDesignGuidelines thattheydeemnecessaryorappropriateatanytimeandwithoutnotice. A.AllLotsinthisDevelopmentarereservedforresidentialuseandnobuildingotherthana single-familyDwellingshallbeerectedthereon.AllplansforsuchDwellingsaretobesubmittedtothe Developerforapprovalpriortoanyconstruction.Lotsarenottobepurchasedforinvestmentpurposes. IntheeventaownerofaLotchoosestoselltheLotpriortotheconstructionofaresidence,the DevelopershallhavethefirstopportunitytopurchasetheLotfor95%oftheoriginalsalesprice. B.NotmorethanoneDwellingshallbeerectedorusedforresidentialpurposesonanyLotinthis Development.Notrailer,tent,shack,attachedshed,basement,garage,barn,orotherout-buildingor temporarystructureshallbeusedfortemporaryorpermanentresidenceonanyLotinthisDevelopment. C.NoLotoranypartthereofbeleased,sublet,assignedorsufferedtobeusedfortransient occupancy. D.NoLotinthisDevelopmentshallbeusedormaintainedasadumpinggroundforrubbish,trash, grassclippings,garbageorotherwasteandsuchrubbishortrashshallnotbekept,exceptinsanitary containers.ItshallbethedutyoftheOwnerofeachLottomaintainthesameinagood,cleanand sanitarycondition,tokeepthegrassontheLotproperlycutandkeeptheLotfreeofweeds,trashor otherdebrisandotherwiseneatandattractiveinappearance,including,withoutlimitation,theproper andcustomarymaintenanceoftheexteriorofanystructuresonsuchLot.TftheOwnerofanyLotfails todosoinamannersatisfactorytotheAssociation,theAssociation,afterapprovalbytwo-thirds(2/3) oftheBoardofDirectors,shallhavetheright(butnottheobligation),throughitsagents,employeesand contractors,toenteruponsaidLotandtoclean,repair,maintainorrestoretheLot,asthecasemaybe, andtheexterioroftheimprovementserectedthereon.Thecostofanysuchworkshallbeaddedtoand becomeapartoftheOwner'sassessment,andsuchcostshallbeimmediatelydue,andshallbesecured bytheAssociation'slienontheOwner'sLot.Saidcostmaybecollectedandenforcedbythe AssociationinthemannerprovidedinthisDeclarationforthecollectionandenforcementof assessmentsingeneral.EachOwner,byhisacceptanceofadeedtoanyLot,irrevocablygrantstothe Association,itsagents,employeesandcontractors,therighttoenterupon,acrossandovertheLot ownedbysuchOwnerundersuchconditionsasarereasonablynecessarytoeffectthemaintenance, cleaning,repairorotherworkcontemplatedherein. Section2.LotLinesandLotDimensions.Thefrontandsideyardbuildingsetbacklinesare herebyestablished;betweenwhichlineandthepropertylinesofthestreet,thereshallbeerectedor maintainednobuildingorstructure.ThefrontsetbackshallgenerallybeaminimumofTwentyFive (25)feet,howevertheDevelopermayrequirethesetbacktobeincreasedinsomecircumstances. TheminimumrearsetbackshallbeTwenty(20)feet.Sidesetbacksshallbeaminimumofsix(6) feeteachsideexcludingelementssuchasdrives,fences,walls,andtrellises.Thesesetback requirementsaretheminimumrequiredandtheDevelopermayrequirethedwellingtobelocated beyondtheminimumrequirementsforaestheticharmonyorpreservationofnaturalfeatures. NoLotorcombinationofLotsmaybefurthersubdivideduntilapprovalthereforehasbeen obtainedfromtheCityofCarmelPlanningCommission;excepting,however,theDeveloperandits successorsintitleshallhavetheabsoluterighttoincreasethesizeofanyLotbyjoiningtosuchLota sectionofanadjoiningLot(therebydecreasingthesizeofsuchadjoiningLot)solongastheeffectof suchjoiningdoesnotresultinthecreationofa"Lot"withlessthantherequirementssetforthintheCity ofCarmelZoningOrdinance. Section3.DwellingDimensions.Thelivingarea,exclusiveofone-storyopenporches,terracesand garages,shallnotbelessthanTwoThousandFourHundred(2,400)squarefeetinthecaseofaone- storystructure,norlessthanTwoThousandEightHundred(2,800)squarefeet,withaminimumof TwelveHundred(1,200)SquareFeetonthefirstfloor,inthecaseofatwostorystructure.Developer mayrequirehomestobelargerthantherequirementssetaboveonaperareaorlotbasis. Section4.DwellingCharacterandAppearance.Allbuildingsshallbeconstructedinasubstantial andgoodworkmanlikemannerandofnewmaterialsandshallcomplywiththeArchitecturalstandards attachedheretoas Exhibit "BOO.Norollroofmgofanydescriptionorcharactershallbeusedontheroof ofanydwellinghouseorattachedgarageonanyofsaidLots.Novinyloraluminumsidingshallbe usedontheexteriorofanyhomes.Generallyallexteriormaterialsmustbeatleast50%brick,other masonrymaterialordrivetunlessarchitecturaldesigndoesnotwarrantasdeterminedbytheDeveloper ortheCommittee.Allothermaterialsshallbewood,drivet,orothermaterialapprovedbythe DeveloperortheCommittee.TheDeveloper,orCommitteepriortoconstruction,mustapprovecolors ofallexteriormaterials,includingbutnotlimitedtoshingles,paint,andmasonry. Section5.Garages.Allhomesmusthaveaminimumofathree(3)carattachedgarage.All garagesshallbeangled,sideloador,whenaestheticallydesigned,"L"shapedwiththemajorityof thedoorsbeingside.Garageswithalldoorslocatedperpendiculartothestreetwillgenerallynotbe permittedunlesstheyareacomerlotorareapprovedbytheDeveloperortheCommittee. Section6.AccessoryStructures.Nodetachedstructures,mini-barns,treehouses,docks,orotherout buildingsshallbepermittedonanyLotinCherryTreeGrove. Section8.SwimmingPools.NoabovegroundswimmingpoolsshallbepermittedintheDevelopment. NoingroundswimmingpoolshallbepermittedwithoutpriorwrittenapprovalofDeveloperor Committee. Section10.Fences.NofenceshallbeerectedinthisDevelopmentwithoutpriorwrittenapprovalof theDeveloperorCommittee.NofencesshallbeconstructedinareasdesignatedforRetentionor Detention.NofencesshallbeconstructedinfrontofthebuildinglineonanyLot.Ingeneral,allfencing mustbeornamentaliron;itsaluminumequivalent,orothersuchstyledesignatedbytheDeveloperor Committeeandmustnotbehigherthansix(6)feetfromgroundleveLFencinginrearorsideyardareas oflake,however,shouldgenerallynotexceed42inchesandshallbenocloserthanten(10)feetofthe higherwatermark.Innoeventwillanystockade,horizontalwood,galvanizedchainlink,wire,solid aluminumorPVCfencesbepermittedwithintheDevelopment. Section11.Sidewalks.PlansandspecificationsforthisDevelopment,onfilewiththeCityofCarmel, requiretheinstallationoffive(5)footwideconcretesidewalkswithinthestreetrights-of-wayinfrontof allLotsasshownontheapprovedplans.Installationandmaintenanceofsaidsidewalksshallbethe obligationofthebuilderorOwnerofanysuchLot,notoftheDeveloper,andshallbecompletedwithin Thirty(30)daysofhomecompletionorwithintwelve(12)monthsofthepurchaseoftheLot,which everoccursfirst.IntheeventtheOwnerhasnotinstalledthesidewalkwithinthetimeperiodallottedor arepairisrequiredbytheCityofCarmelwithinthemaintenancebondperiod,thecostofsaid installationorrepairshallbethepersonalobligationoftheOwnerandalienagainstanysuchLot enforceablebytheCarmelPlanningCommissionortheDeveloperortheirsuccessors.TheDeveloper may,atDeveloper'ssolediscretion,install,repair,orhaveinstalledthesidewalkandbilltheOwnerfor costsincurredintheinstallationorrepairofthesidewalk.IftheOwnerfailstoreimburseDeveloperfor thecostsofthesidewalkwithinThirty(30)days,theDeveloperisherebyauthorizedtoplacealien againstsaidLot.Inaddition,interestonthoseexpendituresshallaccrueatarateoftwelvepercent (12%)perannumandDevelopershallbeentitledtorecoverinanactionatlaworinequityfromthe OwneroftheLotofwhichthesidewalkwasinstalledalloftheattorneys'feesandrelatedcostsand expensesitincurredpursuanttothecollectionoftheabovefunds.AftertheApplicableDate,the AssociationshallalsohaveDeveloper'srightsunderthisSection11. Section12.Yard,StreetTrees,Mailbox,andOtherEquipment.AllLotOwnerswillberequired,at aminimum,toinstalla$3,500(wholesaleplantmaterialcostsonly,excludingannuals,irrigation,street treesandlawns)landscapepackagethathasbeensubmittedandapprovedbytheDeveloperor Committee.Thispackageistoincludeataminimum:sodorhydro-seededwithingroundirrigation syst~mfrontandsideyardsandseedandstrawinthebackyards.Strawwithtackingmaybeapproved certaintimesoftheyearattheDeveloper'sdiscretion.Irrigationsystemslocatedbetweenthesidewalk andcurbmaybedamagedduetorepairsrequiredoftheDeveloper.Repairofsaiddamageshallnotbe theresponsibilityoftheDeveloper.Alsorequiredistheplantingoffifteen(15)bushes,three(3)shade trees(inclusiveofstreettrees)andthree(3)evergreenorornamentaltrees(atleastoneofeach).All treesandbushesmustmeettheCityofCarmelLandscapingStandards.Allplantingsshallbe maintainedinanappropriatemannerbytheLotOwnerandanytreesandbushesthatdieshallbe replacedwiththesame,whichshallmeettheCityofCarmelLandscapingStandards. Installationofrequiredstreettreesandsodorhydro-seeded(whenaccompaniedwithaninground, automaticirrigationsystem)intheright-ofwayinfrontofeachLot(thearealocatedbetweenthe sidewalkandstreetcurb)shallbetheobligationofthebuilderorOwnerofanysuchLot,notofthe Developer,andshallbecompletedwithinThirty(30)daysofhomecompletionorwithintwelve(12) monthsofthepurchaseoftheLot,whicheveroccursfirst.Onestreettreeshallbeinstalled approximatelyeveryfiftyfeetofLotroadfrontageatlocationsandofthetreetypedesignatedbythe Developer.IntheeventtheOwnerhasnotinstalledthelawntreatmentand/orstreettreeswithinthe timeperiodallotted,theDeveloperorAssociationshallhavetheright(butnottheobligation)todoso withthecostofsaidinstallationbeingthepersonalobligationoftheOwnerandalienagainstanysuch LotenforceablebytheDeveloperorCommittee.TheDevelopermay,atDeveloper'ssolediscretion, installorhaveinstalledthelawntreatmentand/orstreettreesandbilltheOwnerforcostsincurredinthe installationofthelawntreatmentand/orstreettrees.IftheOwnerfailstoreimburseDeveloperforthe costsofthelawntreatmentand/orstreettreeswithinThirty(30)days,theDeveloperishereby authorizedtoplacealienagainstsaidLot.Inaddition,interestonthoseexpendituresshallaccrueata rateoftwelvepercent(12%)perannumandDevelopershallbeentitledtorecoverinanactionatlawor inequityfromtheOwneroftheLotofwhichthelawntreatmentand/orstreettreeswereinstalledallof theattorneys'feesandrelatedcostsandexpensesitincurredpursuanttothecollectionoftheabove funds.AftertheApplicableDate,theAssociationshallalsohaveDeveloper'srightsunderthisSection 12. LotOwnersmustinstallorhaveinstalledatleastonephotocellcontrolledexteriorlight(which mustmeettherequirementssetforthintheLightingStandardsoftheCityofCarmelZoningOrdinance) andmailboxinthefrontyardbythetimetheconstructionofthehomeontheLotiscomplete.The Developershallapprovethedesignoftheexteriorlightandshalldeterminethemailboxrequired.The Developermayrequire,forthepurposeofuniformityandappearancethatthemailboxandyardlightbe purchasedfromtheDeveloperoritsdesignee.EachOwnershallthereaftermaintainsuchlight(s)and mailboxsothattheyoperateproperlyandareattractiveinappearance. Noclotheslineorclothespoles,oranyotherfree-standingsemi-permanentpoles,rigsordevices, regardlessofpurpose,shallbeconstructed,erectedorlocatedorusedonanyLot. NosignofanykindshallbedisplayedtothepublicviewonanyLotexceptone(1)professional signofnotmorethanone(1)squarefootorone(1)licensedrealestateagentsignofnotmorethanfive (5)squarefeetadvertisingthehomeforsale.Forsalebyownersignsshallnotbepermittedforthere- saleoflots.SignsusedbyaBuilderandorRealtortoadvertisetheHomeduringtheconstructionand salesperiodsandallDevelopersignsareexemptfromthisrequirement. Noradioortelevisionantennaonoutsideofroofshallbeattachedtoanydwellinghouse.Nofree standingradioortelevisionantenna,televisionreceivingdiskordishshallbepermittedonanyLot,with theexceptionofatelevisionreceptiondiskone(1)meterindiameterorlessuponapprovalofthe locationbytheCommittee.Nosolarpanelsattachedordetachedshallbepermitted. NotemporarybasketballgoalsshallbepermittedwithinCherryTreeGrove.Allbasketballgoals mustbeinstalledinapermanentmannerandmusthaveclearbackboards.TheDeveloperorCommittee shallapproveallbasketballgoalspriortotheirinstallation. Section13.DownSpouts.Nodownspoutsshallbetiedtothesub-surfacedrains.Sumppumplines aretobeconnectedtotheavailablesub-surfacedrainsprovidedforeachLot. Section14.TimePeriodtoCommenceandCompleteConstructionandLandscaDin!!.All constructionupon,landscapingofandotherimprovementtoaLotshallbecompletedstrictlyin accordancewiththeplansapprovedbytheDeveloperorCommittee.Alllandscapingspecifiedonthe landscapingplanapprovedbytheDeveloperorCommitteeshallbeinstalledontheLotstrictlyin accordancewithsuchapprovedplanswithinthirty(30)daysfollowingsubstantialcompletionofthe DwellingunlesstheDeveloperorCommitteeagreestoalaterlandscapingcompletiondate.Unlessa delayiscausedbystrikes,war,courtinjunctionoractofGod,theOwnerofanyLotwhichonthedate ofpurchasefromDeveloperisnotimprovedwithaDwellingshallcommenceconstructionofa DwellingupontheLotwithinTwo(2)yearsfromthedatetheowneracquiredtitlethereto(unlessLot purchasewasinconjunctionwithotherLotpurchasesandthensaidtimetocommenceconstructionof Dwellingshallbethree(3)years)andshallcompleteconstructionofsuchDwellingwithinone(1)year afterthedateofcommencementofthebuildingprocess,butinnoeventlaterthanThree(3)years(four (4)yearsformultiplelotpurchases)afterthedatetheOwneracquiredtitle(s)totheLot(s)unlesssuch LotisadjacenttoaLotuponwhichtheOwnerhasconstructedaDwellinginwhichsuchowner permanentlyresides.IftheOwnerfailstocommenceorcompleteconstructionofaDwellingwithinthe timeperiodsspecifiedherein,oriftheOwnershould,withoutDeveloper'swrittenapproval,sell, contracttosell,convey,orotherwisedisposeof,orattempttosell,conveyorotherwisedisposeof,the LotbeforecompletionofconstructionofaDwellingontheLot,then,inanyofsuchevents,Developer may: (i)Re-entertheLotanddivesttheOwneroftitletheretobytenderingtotheOwnerorto theClerkoftheCircuitCourtofHamiltonCountythelesserof(i)thesamenetdollar amountaswasreceivedbyDeveloperfromsuchOwnerasconsiderationforthe conveyancebyDeveloperoftheLot,togetherwithsuchactualcosts,ifany,asthe Ownermayprovetohavebeenincurredinconnectionwiththecommencementof constructionofaDwellingontheLot,and(ii)thethenfairmarketvalueoftheLot, asdeterminedbyaveragingtwo(2)appraisalsmadebyqualifiedappraisersappointed bytheJudgeoftheHamiltonCountyCircuitorSuperiorCourt; (ii)ObtaininjunctiverelieftoforcetheOwnertoproceedwithconstructionofany Dwelling,aplanforwhichhasbeenapprovedbytheDeveloperorCommitteeupon applicationbysuchOwner;or ThefailureoftheOwnerofaLottoapplyforapprovalof,orreceiveapprovalfrom,theDeveloper orCommitteeofaplanshallnotrelievesuchOwnerfromhisobligationtocommenceandcomplete constructionofaDwellingupontheLotwithinthetimeperiodsspecifiedherein.Forthepurposesof thisSection14,constructionofaDwellingwillbedeemed"completed"whentheexteriorofthe Dwelling(includingbutnotlimitedtothefoundation,walls,roof,windows,entrydoors,gutters, downspouts,exteriortrim,paveddrivewayandlandscaping)hasbeencompletedinconformitywiththe submittedplans. Section15.Vehicles.Noboatsorotherwatercraft,campers,recreationalvehicles,trailersofanykind, buses,mobilehomes,commercialorbusinesstrucksorvans,motorcycles,minibikes,oranyother vehiclesofanydescription(otherthannormalpassengervehiclesconsistingof(i)truckswitha maximumloadcapacityofthree-quarters(3/4)ofatonorless,(ii)vansor(iii)automobiles),shallbe permitted,parkedorstoredanywherewithintheCherryTreeGroveDevelopment;provided,however, thatnothinghereinshallpreventthetemporaryparking(48hoursorless)forlimitedtimesthroughout theyearorthestorageofsuchvehiclescompletelyenclosedwithinagarageandthedrivingorusingof suchvehiclessolelyforthepurposeofingressandegresstoandfromtheDevelopmentprovidedthe shortestroutetoandfromamainthoroughfareoutsidethecommunityisused.NoOwnersorother residentsshallrepairorrestoreanyvehicleofanykindwithintheDevelopment,exceptforemergency repairs,andthenonlytotheextentnecessarytoenablemovementthereoftoaproperrepairfacility. "Commercial"vehiclesarevehicles,regardlessofsize,onwhichcommercialletteringorequipmentis visibleorwhicharelargerthannormallyusedfornoncommercialpurposes.Nojunkorderelictvehicle orothervehicleonwhichcurrentregistrationplatesarenotdisplayedshallbekeptontheDevelopment. Drivewayandstreetparkingshallbelimitedtoguestsandtemporaryparkingonly.Anyvehiclein violationoftheaboveshallbesubjecttobeingtowedattheexpenseoftheownerthereof. Section16.UnacceptableActivities.Nonoxious,unlawfulorotheroffensiveactivityshallbecarried outonanyLotinthisDevelopment,norshallanythingbedonethereonwhichmaybeormaybecome anannoyanceornuisancetotheneighborhood. Section17.Animals.Noanimals,livestockorpoultryofanydescriptionshallberaised,bredorkept onanyLot,exceptthatdogs,catsorotherhouseholdpetsmaybekept,providedthattheyarenotkept, bredormaintainedforcommercialpurposesanddonotunreasonablydisturbotherOwnersorresidents. Section18.Remonstration.Lotowners,upontakingtitle,agreetowaiveallrightstoopposeandor remonstrateagainstannexationandanyfuturezoningchangesandspecialpermitsnecessarytocomplete theMasterPlansofCherryTreeGrovewhatsoever. Section1.TheCherryTreeGroveArchitecturalControlCommittee.UntiltheDeveloperresigns itspositionastheArchitecturalControlCommitteeoruntiltheDevelopernolongerownsanyofthe LotsinCherryTreeGrove,theDevelopershallserveastheArchitecturalControlCommittee.Afterone oftheaboveeventsoccurs,themembersoftheArchitecturalControlCommittee("Committee")shallbe appointedbytheBoardofDirectorsoftheAssociation.TheDevelopershallalwayshavethesole authoritytoapprovetheoriginalDwellingandLandscapingonanyLotwithintheDevelopment. Section2.Purpose.TheCommitteeshallregulatesize,type,externaldesign,appearance,use,location andmaintenanceofanychangeoradditiontotheoriginalDwellingsplacedonanylandssubjectto theseCovenantsandimprovementsthereon,insuchamannerastopreserveandenhancevaluesandto maintainaharmoniousrelationshipamongstructuresandthenaturalvegetationandtopography. Allfences,wallsorotherconstructionorimprovementsofanykindshallnotbecommenced, erectedormaintaineduponanyLot,norshallanyexterioradditiontoorchangeoralterationthereinbe madewithoutthepriorapprovaloftheCommittee.Suchapprovalshallbeobtainedonlyafterthe OwneroftheLothasmadewrittenapplicationtothecommittee.Themannerofapplicationshallbein theformasprescribedfromtimetotimebytheCommittee,andshallbeaccompaniedbytwosetsof plansandspecifications.Suchplansshallincludeplotplanshowinglocationofproposedimprovements, specificationofallexteriormaterialsandcolorsandanyproposedlandscaping.Intheeventsaid ArchitecturalControlCommitteefailstoapproveordisapprovesuchdesignandlocationwithinthirty (30)daysaftersaidplansandspecificationshavebeensubmittedtoit,approvalwillnotberequiredas longassaiddesignmeetsallotherrequirementsofthecovenantsandrestrictionsherein,andthisArticle willbedeemedtohavebeenfullycompliedwith. Section3.DesignGuidelines.The'DeveloperhascreatedtheDesignGuidelinesforCherryTreeGrove toestablishminimumstandardsofdesign,constructionandmaintenance,whichareconsistentwiththe levelofqualityandcharacterdesiredforCherryTreeGroveandtheCovenantsandtoassistbuilders andhomeownersintheplanning,design,maintenance,andconstructionofallsiteimprovements.The DeveloperandtheCommitteereservetherighttomakeanyamendments,repeals,ormodificationsto theDesignGuidelinesthattheydeemnecessaryorappropriateatanytimeandwithoutnotice. Section1.SanitarySewerandUtilityEasements.Therearestripsofgroundasshownontheplates) andmarkedSanitarySewerandUtilityEasementsbothsolelyandincombinationwithothereasements, whicharereservedfortheuseofpublicutilitiesfortheinstallationofwaterandsewermains,poles, ducts,linesandwires,subjectatalltimestotheproperauthoritiesandtotheeasementhereinreserved. Nostructuresofanykindaretobeerectedormaintaineduponsaidstripsofland,butOwnersofLotsin thisDevelopmentshalltaketheirtitlessubjecttotherightsofpublicutilities. Section2.DrainageEasements.Areasshownontheplates)andmarkedasDrainageEasementsboth solelyandincombinationwithothereasementscontaindetentionandorretentionareasandshallbe recordedasdrainageeasements.Theseareasarereservedfortheinstallationandmaintenanceofstorm sewerstructuresanddrainagesystemandsubjectatalltimestoproperCityandCountyauthoritiesand theeasementshereinreserved.TheCityandCountyauthoritiesreservetherighttoentersaideasements atanytimeandperformworkdeemednecessarytoensureproperdrainageandwaterflowlocated withintheseeasementswithouthindranceorcomplaint.Theseareasshallbemaintainedfreeofweeds, trashorotherobstructionatalltimesbytheOwnerofeachapplicableLotorAssociationasownerof theCommonAreas.Withintheseareasthereshallbelocatednostructuresincludingbutnotlimitedto trees,plants,landscapemounds,fences,outbuildings,swingsets,playequipment,docks,decks,boats, etc.Theseareasshallbemaintainedwithaproperlycutstandofgrassatalltimes.Nochangeofgrade shallbepermittedwithintheseareas. Section3.DrainageofStormorOtherWater.IntheeventstormwaterdrainagefromanyLotflows acrossanotherLot,provisionshallbemadetopermitsuchdrainagetocontinue,withoutrestrictionor reduction,acrossthedownstreamLotandintothenaturaldrainagechannelorcourse,eventhoughno specificdrainageeasementforsuchflowofwaterisprovidedonsaidplates). Norainorstormwaterrunofforsuchthingsasroofwater,streetpavementorsurfacewatercaused bynaturalprecipitation,shallatanytimebedischargedintoorpermittedtoflowintotheSanitarySewer System,whichshallbeaseparatesewersystemfromtheStormWaterandSurfaceWaterRunoffSewer System.Nosanitarysewageshallatanytimebedischargedorpermittedtoflowintotheabove- mentionedStormWaterandSurfaceWaterRunoffSewerSystem. Section4.CommonAreas.Therearestripsofgroundasshownontheplates)andmarkedas CommonAreas,whicharereservedfortheuseandenjoymentoftheresidentsofCherryTreeGrove. Saidareasmayalsocontainorconsistofdrainageandutilityeasementswhicharereservedfortheuse ofpublicutilitiesfortheinstallationofwaterandsewermains,poles,ducts,linesandwires,subjectat alltimestotheproperauthoritiesandtotheeasementhereinreserved.AnyCommonAreasdepictedon therecordedplates)oftheDevelopmentshallremainprivate,andneithertheDeveloper'sexecutionnor recordingoftheplates)northedoingofanyotheractbytheDeveloperis,orisintendedtobe,a dedicationtothepublicoftheCommonAreas.OwnershipofanyoftheCommonAreasshallbe conveyedinfeesimpletitle,freeoffinancialencumbrancestotheAssociationupontheircompletion. Suchconveyanceshallbesubjecttoeasementsandrestrictionsofrecord,andsuchotherconditions,as theDeveloperatthetimeofconveyancedeemsappropriate.Suchconveyanceshallbedeemedtohave beenacceptedbytheAssociationandthosepersonswhoshallbemembersthereoffromtimetotime. DevelopershallberesponsibleforimprovingandormaintainingallCommonAreas(includingthe requiredlandscapeplantingswithinthem)untilsuchtimeastheCommonAreasareconveyedtothe AssociationatwhichtimetheAssociationshallberesponsibleforthemaintenanceandrepairofthe CommonAreasincludingtherequiredlandscapingplantingsaspresentedintheprimaryplatofCherry TreeGrove. Section5.Buffer,Landscape,Pathway,andTreePreservationEasements.Therearestripsof groundasshownontheplates)asBuffer,Landscape,PathwayandTreePreservationEasementsboth solelyandincombinationwithothereasements.TheAssociationshallbesolelyresponsiblefor maintenanceandupkeepoftheplantsandtreeswithintheseareastothestandardssetforthintheCityof Carmel'sLandscapeOrdinanceonlyintheeventtheseareasarelocatedinCommonAreas.Intheevent thattheseareasarelocatedwithinaLot,thenitshallbetheLotOwner'sresponsibilitytomaintainthese areasassetforthabove.NoworkistobeperformedwithinareasmarkedasTreePreservation EasementswithoutpriorapprovaloftheDeveloperorCommitteeandthecontractorsshallworkwithin theparameterssetforthintheTreePreservationPlanforCherryTreeGrove. Section6.RightofWayEnhancements.Associationshallbesolelyresponsibleformaintenance, replacementandupkeepofthegrass,plantsandtreeswithinRightofWayEnhancementstothe standardssetforthintheCityofCarmel'sLandscapeOrdinanceonlyintheeventtheseareasarelocated adjacenttoCommonAreas.IntheeventthattheseareasarelocatedadjacenttoaLot,thenitshallbe theLotOwner'sresponsibilitytomaintaintheseareasassetforthaboveandassetforthinSection12of thesecovenants. Section7.StreetSigns,TrafficControlSigns,StreetLightFixturesandWoodenSidewalks.If otherthanthestandardCityStreetSigns,TrafficControlSignsandStreetLightFixturesareinstalled,it shallbetheDeveloper'sresponsibilitytoinstallsaiditemsandtheAssociation'sresponsibilityto maintainthem.AllSignsandFixturesshallmeetandbemaintainedtoalloftheCityofCarmel's minimumsafetystandards.IntheeventDeveloperinstallswoodensidewalksinordertopreservetrees, inareasnotrelatedtostreetbridges,thantheAssociationshallberesponsibleforthemaintenanceof thesestructures. Section8.EnforcementofCovenants.TheDeveloper,Association,andanyOwnershallhavethe righttoenforce,byanyproceedingsatlaworinequity,allrestrictions,conditions,covenants, reservations,liensandchargesnoworhereafterimposedbytheprovisionsoftheseCovenants.Failure bytheDeveloper,Association,orbyanyOwnertoenforceanyCovenantshallinnoeventbedeemeda waiveroftherighttodosothereafter. IntheeventtheDeveloper,Association,oranyOwnershallbesuccessfulinanyproceeding, whetheratlaworinequity,broughttoenforceanyrestriction,covenant,limitation,easement,condition, reservation,lienorchargenoworhereinafterimposedbytheprovisionsoftheCovenants,limitations, easementsandapprovalsappendedtoandmadeapartoftheplates)ofthecommunity,itshallbe entitledtorecoverfromthepartyagainstwhomtheproceedingwasbroughtallofthereasonable attorneys'feesandrelatedcostsandexpensesitincurredinsuchproceeding. Therighttoenforcetheseprovisionsbyinjunction,togetherwiththerighttocausetheremovalby dueprocessoflaw,anystructureorpartthereoferectedwithoutproperapprovalormaintainedin violationhereof,isherebyreservedtotheDeveloper,theAssociationandtotheOwnersoftheLotsin thisDevelopmentandtotheirheirssuccessors,andassigns. Section9.InvalidationofCovenant.Invalidationofanyoneofthesecovenantsorrestrictionsby judgmentorcourtordershallinnowayaffectanyotherprovisions,whichshallremaininfullforceand effect. Section10.TermofCovenants,ConditionsandRestrictions.TheforegoingDeclarationof Covenants,Conditions,andRestrictionsistorunwiththelandandshallbebindingonallpartiesandall personsclaimingunderthemforaperiodoftwenty-five(25)yearsfromthedateoftheseplates),at whichtimesaidDeclarationshallbeautomaticallyextendedforsuccessiveperiodsoften(l0)years unlesschangedbyvoteofamajorityofthethenOwnersoftheLotsinwholeorinpart.TheDeveloper mayamendthisDeclarationofCovenants,Conditions,andRestrictionsfor,intheDeveloper'ssole opinion,thebettermentoftheDevelopmentatanytimepriortotheApplicableDate.Afterthe ApplicableDatethisDeclarationofCovenants,Conditions,andRestrictionsmaybeamendedbya favorablevoteoftheOwnersofatleast2/3ofthetotalnumberofLots. Section11.Waiver ofRights toRemonstrate.LotOwners,upontakingtitle,agreetowaiveallrights toopposefuturezoningchangesandspecialpermitsnecessarytocompletetheMasterPlanofCherry TreeGrove.NoOwnerofanyLotshownhereinshallhavetherighttoremonstrateagainstannexation ofthatLotoranyotherportionofCherryTreeGroveintotheCityofCarmel. Section12.DevelopmentandSalePeriod.NothingcontainedinArticlesI,II &IIIshallbeconstrued orinterpretedtorestricttheactivitiesoftheDeveloperandBuildersinconnectionwiththedevelopment andsaleoftheDevelopmentandtheConstructionandsaleofDwellingsonsaidDevelopment.The aboveshallbeentitledtoengageinsuchactivitiesandtoconstruct,install,erectandmaintainsuch facilities,uponanyportionoftheDevelopmentatanytimeownedorleasedbytheDeveloperor Builder(s)as,inthesoleopinionoftheDeveloperorBuilders,maybereasonablyrequired,or convenientorincidentalto,thedevelopmentofCherryTreeGroveandsaleoftheLotsandHomeson saidLots;suchfacilitiesmayinclude,withoutlimitation,storageareas,signs,parkingareas,model residences,constructionoffices,saleofficesandbusinessoffices. Therehasbeenorwillbecreated,underthelawsoftheStateofIndiana,not-for-profitcorporation tobeknownasthe"CHERRYTREEGROVEPROPERTYOWNERS'ASSOCIATION,INC." Section1.MembershipinAssociation.EachLotOwnershall,automaticallyupontakingdeedtoa LotintheDevelopmentshallbecomeamemberoftheAssociationandagreetoabidebythese CovenantsandtheBy-LawsoftheAssociationandshallremainanabidingmemberuntilsuchtimeas theirownershipofaLotceases.MembershipintheAssociationshallterminatewhensuchOwner ceasestobeanOwnerandwillbetransferredtothenewOwnerofhisLot;provided,however,thatany personwhoholdstheinterestofanOwnerinaLotinthisDevelopmentmerelyassecurityforthe performanceofanobligationshallnotbeamemberuntilandunlessherealizesuponhissecurity,at whichtimeheshallautomaticallybeandbecomeanOwnerandamemberoftheAssociation. Section2.VotingRights.TheAssociationshallhavethefollowingclassesofmembership,withthe followingvotingrights: A.ClassA.ClassAmembersshallbeallOwnersexceptClassBmembers.EachClassA membershallbeentitledtoone(1)voteforeachLotofwhichsuchmemberistheOwnerwithrespectto eachmattersubmittedtoavoteofthemembersuponwhichtheClassAmembersareentitledtovote. Whenmorethanone(1)personconstitutestheOwnerofaparticularLot,allsuchpersonsshallbe membersoftheAssociation,butallofsuchpersonsshallhaveonlyone(1)voteforsuchLot,whichvote shallbeexercisedastheyamongthemselvesdetermine,butinnoeventshallmorethanone(1)votebe castwithrespecttoanysuchLot.AmembershipintheAssociationshallonlybetransferredbythe transferoftherecordtitleofaLot. B.ClassB.ClassBmembersshallbetheDeveloperandallsuccessorsandassignsofDeveloper designatedbyDeveloperasClassBmembersinawrittennoticemailedordeliveredtothePresidentof theAssociation.EachClassBmembershallbeentitledtofive(5)votesforeachLotofwhichitisthe Ownerandfive(5)votesforeachindividuallynumberedparceloflandshownupon,andidentifiedasa Loton,anyDevelopmentplates)oftheDevelopment,oranypartthereof,ofwhichitistheOwner (eitherastotheentirenumberedparceloranypartthereof)whichisnota"Lot"asdefmedinthis declarationofCovenants,ConditionsandRestrictions,onallmattersrequiringavoteofthemembersof theAssociation.TheClassBmembershipshallceaseandterminateupontheApplicableDate. A.TheAssociationshallmaintaintheCommonAreasshownontheplates)includingthe improvementsthereonandshallkeepsuchareainaneat,cleanandpresentableconditionatalltimes. B.TheAssociationshallberesponsibleforthemaintenanceofstreetsignsandtrafficcontrolsigns tothestandardssetbytheCityofCarmel. C.TheAssociationshallprocureandmaintaincasualtyinsurancefortheCommonAreas,liability insuranceandsuchotherinsurance,asitdeemsnecessaryoradvisable. D.TheAssociationmaycontractforsuchserviceasmanagement,snowremoval,securitycontrol, trashremoval,andsuchotherservicesastheAssociationdeemsnecessaryoradvisable. E.OwningallCommonAreaswhendeededtoitandpayingtaxesandassessmentsleviedand assessedagainst,andpayablewithrespectto,theCommonAreaspayinganyothernecessaryexpenses andcostsinconnectionwiththeCommonAreas A.AuthoritytoCreateLien.TheAssociationandorDeveloperareherebyempoweredtocausea lientobeplacedagainstanyLotforthepurposesof(1)recoveringanyfundsdueforannual assessments,specialassessments,orrecoveringanyfundsexpendedbytheDeveloperortheAssociation inmaintaininganyLotinaneatandattractiveconditionascontemplatedbyArticleI,Section1andfor theinstallationofsidewalksandorstreettreesasrequiredwithintheseCovenants,togetherwithinterest onthoseexpendituresaccruingatarateoftwelvepercent(12%)perannum,or(2)recoveringany attorneys'feesandrelatedcostsandexpensesincurredbyeithertheDeveloperortheAssociationinany proceedinginitiatedpursuanttothecollectionoftheabovefundsoranyproceedinginitiatedpursuantto Article3,Section5.NoprivateindividualOwnershallhavesucharighttocreatealienagainsta neighboringLotpursuanttothetermsofthisSection.NoliensshallbecreatedonanyLotorCommon AreaownedbytheDeveloper. B.CreationoftheLienandPersonalObligationofAssessments.EachOwnerofanyLotinthe Development,excepttheDeveloper,byacceptanceofadeedorotherconveyancetherefore,whetheror notitshallbeexpressedinsuchadeed,isdeemedtocovenantandagreetopaytotheDeveloperor Association:(l)annualassessmentsorcharges;(2)specialassessmentsforcapitalimprovementsand operatingdeficits;suchassessmentstobeestablishedandcollectedashereinafterprovided;and(3) assessmentsorchargesforexpendituresbytheDeveloperortheAssociationinmaintainingtheLotina neatandattractiveconditionascontemplatedbyArticle1,Section1.Theannual,specialassessments, andmaintenanceassessmentstogetherwithinterest,costs,latefees,andreasonableattorney'sfees,shall beachargeonthelanduntilpaidinfullandshallbeacontinuinglienupontheLotagainstwhicheach suchassessmentismade.Eachsuchassessment,togetherwithinterest,costs,latefeesandreasonable attorneys'fees,shallalsobethepersonalobligationofthepersonwhowastheOwnerofsuchLotatthe timewhentheassessmentwasdue.Thepersonalobligationfordelinquentassessmentshallnotpassto hissuccessorsintitleunlessexpresslyassumedbythemorunless,priortosuchtransfer,awrittennotice ofthelienforsuchassessmentsshallhavebeenrecordedintheofficeoftheRecorderofHamilton County,Indiana.Nocharge,lien,orassessmentshalleverbeleviedbytheAssociationorindividual LotOwneragainsttheDeveloper. C.DateofCommencementofAnnualAssessment.AnnualAssessmentsshallbesetforeach calendaryearanddueandpayableinonelumpsuminadvanceonthefirstdayofMarcheachyearor,if sodeterminedbytheAssociation'sBoardofDirectorsorDeveloper,insuchotherperiodicinstallments orduedatesasmaybespecifiedbytheBoardofDirectorsorDeveloper.IfownershipofaLotis conveyedafterthefirstofJanuary,theAnnualAssessmentshallbepaidatclosingandtheAnnual Assessmentshallbepro-rated,basedonthecalendaryear,asofthedateofclosing.Withoutany approvalorvotebytheOwners,theBoardofDirectorsshallfixtheamountoftheAnnualAssessment inadvanceoftheeffectivedateofsuchassessment.WrittennoticeofAnnualAssessmentsandsuch otherassessmentsastheBoardofDirectorsshalldeemappropriateshallbesenttoeveryOwnersubject thereto.TheBoardofDirectorsshallestablishtheduedatesforallassessments.TheAssociationshall, atanytimeandforareasonablefeeofuptoandincluding$35.00,furnishacertificateinwritingsigned byanQfficerQftheAssociationstatingthattheassessmentsonaspecificLQthavebeenpaidorthat certainassessmentsQrQtherchargesagainstsaidLothavenotbeenpaid,asthecasemaybe. AnnualAssessmentsshallnQtcommencefQranyLotuntiltheearlierof(1)thedatetheLQtisfirstsold orconveyedbytheDevelopertoanyperSQnQrentity;or(2)thedatewhentheCityofCarmelissuesa writtenstatementthatbuildingpermit(s)maybeissuedforthatLot.PriQrtQsuchtime,theDeveloper shallnotbeliableforpayinganyassessmentstotheAssociation. D.SpecialAssessments.InadditiontQtheannualoperatingassessment,theBoardofDirectorsor DevelopermaylevyaspecialassessmentforthepurposeQfdefraying,inwholeorinpart,thecostof anyconstruction,recQnstruction,repairorreplacementofanycapitalimprovementwhichthe AssociationisrequiredtomaintainorfQroperatingdeficitswhichtheAssociationmayfromtimeto timeincur,providedthatanysuchassessmentshallhaveanassentingvoteofthememberswhoare votinginpersonorbyproxyatameetingdulycalledforthispurpQse.WrittennQticesforsuchmeetings shallbesentandvotingqUQrumsrequiredassetforthintheBy-LawsoftheAssociation. E.FailureofOwnertoPayAssessments.NoOwnermayexempthimselfQrherselffrompaying AnnualorSpecialAssessmentsoranyQtherexpenselawfullyagreedupon,bywaiveroftheuseor enjQymentoftheCommonAreas,orbyabandonmentoftheLotbelongingtosuchOwner.EachOwner shallbepersonallyliableforthepaymentofallAnnualandSpecialAssessments.WheretheOwner constitutesmorethanQneperson,theliabilityofsuchpersonsshallbejointandseveral.If anyOwner shallfail,refuseorneglecttQmakeanypaymentofanyAnnualQrSpecialAssessmentswhendue,the lienforsuchassessmentontheOwner'sLotmaybeforeclosedbytheBoardforandonbehalfofthe AssociationasprQvidedbylaw.UponthefailureofanOwnertomakepaymentsofanyAnnualQr SpecialAssessmentswithinten(10)daysaftersucharedue,theBoard,initsdiscretion,may: (1)imposealatecharge,whichwillbeconsideredanadditiontotheassessment,inanamountto bedeterminedbytheBoardQfuptotwenty-fivepercent(25%)QftheamountoftheAssessment; (2)suspendsuchOwner'srighttousetherecreationalfacilitieswithintheDevelopmentas providedintheIndianaNonprofitCorporationActof1991,asamended;and (3)suspendsuchOwner'srighttoVQteasprovidedintheIndianaNonprofitCorporationActof 1991,asamended. InanyactiQntoforeclQsethelienforanyAssessments,theOwnerandanyoccupantoftheLotshallbe jointlyandseverallyliableforthepaymenttQtheAssociationQfreasonablerentalforsuchLot,andthe BQardshallbeentitledtQtheappointmentofareceiverforthepurposeofpreservingtheLotandtQ collecttherentalsandotherprofitstherefromfQrthebenefitoftheAssociationtobeappliedtothe unpaidAnnualorSpecialAssessments.TheBQardmay,atitsoption,bringasuittorecoveramoney judgmentforanyunpaidAnnualorSpecialAssessmentswithoutforeclosingorwaivingthelien securingthesame.InanyactiQntQrecoveraAnnualorSpecialAssessment,whetherbyforeclosureor otherwise,theBoard,forandonbehalfQftheAssociation,shallbeentitledtQreCQvercostsand expensesofsuchactionincurred,includingbutnotlimitedtoreasonableattorney'sfees,fromtheOwner oftherespectiveLot. F.Notification.EveryOwnerQfaLQtintheDevelopmentandanypersonwhomayacquireany interestinanyLotintheDevelQpment,whetherasOwnerorotherwise,isherebynQtified,andby acquisitionofsuchinterestagrees,thatanysuchlienswhichmayexistuponsaidLotatthetimeof acquisitionofsuchinterestarevalidliensandshallbepaid.EverypersonwhoshallbecomeanOwner ofaLotintheDevelopmentisherebynotifiedthatbytheactofacquiring,makingsuchpurchaseor acquiringsuchtitle,suchpersonshallbeconclusivelyheldtohavecovenantedtopaytheAssociation andDeveloperallchargesthattheAssociationorDevelopershallmakepursuanttothissectionofthe Covenants. G.SubordinationofAssessmentLientoMortgage.Thelienoftheassessmentsprovidedfor hereinshallbesubordinatetothelienofanyfirstmortgage.Notwithstandinganythingcontainedinthis Declaration,theArticlesortheBy-Laws,anysaleortransferofaLottoafirstmortgageepursuanttoa foreclosureonitsmortgageorconveyanceinlieuthereof;oraconveyancetoanypersonatapublicsale inamannerprovidedbylawwithrespecttomortgageforeclosuresshallextinguishthelienofany unpaidinstallmentofanyAnnualAssessmentorSpecialAssessmentastosuchinstallmentwhich becameduepriortosuchsale,transferorconveyance;provided,however,thattheextinguishmentof suchliencannotrelievethepriorownerfrompersonalliabilitytherefore.Nosuchsale,transferor conveyanceshallrelievetheLotorthepurchaseratsuchforeclosuresaleorgranteeintheeventof conveyanceinlieuthereof,fromliabilityforanyinstallmentsofAnnualAssessmentsorSpecial Assessmentsthereafterbecomingdueorfromthelientherefore.SuchunpaidshareofanyAnnual AssessmentsorSpecialAssessments,thelienforwhichhasbeendivestedasaforesaidshallbedeemed tobeaCommonExpensecollectiblefromallOwners(includingthepartyacquiringthesubjectLot fromwhichitarose). Section5.ManagementofBoardofDirectors.ThebusinessandaffairsoftheAssociationshallbe governedandmanagedbytheBoardofDirectors.Nopersonshallbeeligibletoserveasamemberof theBoardofDirectorsunlessheis,orisdeemedinaccordancewiththisDeclarationtobe,anOwner. Section6.InitialBoardofDirectors.TheinitialBoardofDirectorsshallbecomposedofthepersons designatedortobedesignatedbytheDeveloper.Notwithstandinganythingtothecontrarycontainedin, oranyotherprovisionsof,thisDeclarationortheseArticles,(a)theInitialBoardshallholdofficeuntil thefirstmeetingofthemembersoftheAssociationoccurringonoraftertheApplicableDateoruntil DevelopernolongerownsanyoftheLots,and(b)intheeventofanyvacancyorvacanciesoccurringin theInitialBoardforanyreasonorcausewhatsoeverpriortosuchfirstmeetingoccurringonorafterthe ApplicableDatedeterminedasprovidedabove,everysuchvacancyshallbefilledbyapersonappointed byDeveloper,whoshallthereafterbedeemedamemberoftheInitialBoard.EachOwner,by acceptanceofadeedtoaLotwith,orbyacquisitionofanyinterestinadwellinghousebyanytypeof juridicactsintervivosorcausamortis,orotherwise,shallbedeemedtohaveappointedInitialBoardof DirectorsassuchOwner'sagent,attorney-in-factandproxy,whichshallbedeemedcoupledwithan interestandirrevocableuntiltheApplicableDatedeterminedasprovidedabove,toexerciseallofsaid Owner'srighttovote,andtovoteastheInitialBoardofDirectorsdetermines,onallmattersastowhich membersoftheAssociationareentitledtovoteundertheDeclaration,theseArticlesorotherwise.This appointmentoftheInitialBoardofDirectorsassuchOwner'sagent,attorney-in-factandproxyshallnot beaffectedbyincompetenceoftheOwnergrantingthesame.EachpersonservingontheInitialBoard, whetherasanoriginalmemberthereoforasamemberthereofappointedbyDevelopertofillavacancy, shallbedeemedaSpecialmemberoftheCorporationandanOwnersolelyforthepurposeofqualifying toactasamemberoftheBoardofDirectorsandfornootherpurpose.Nosuchpersonservingonthe InitialBoardshallbedeemedorconsideredeitheramemberoftheAssociationoranOwnerofaLotfor anyotherpurpose(unlessheisactuallytheOwnerofaLotandtherebyamemberoftheAssociation). Section7.AdditionalQualificationsofBoardofDirectors.WhereanOwnerconsistsofmorethan onepersonorisapartnership,corporation,trustorotherlegalentity,thenoneofthepersons constitutingthemultipleOwner,orapartneroranofficerortrustee,shallbeeligibletoserveonthe BoardofDirectors,exceptthatnosingleLotordwellinghousemayberepresentedontheBoardof Directorsbymorethanonepersonatatime. Section8.TermofOfficeandVacancyofBoardofDirectors.SubjecttotheprovisionsofSection6 ofthisArticleIV,theBoardofDirectorsshallbeelectedateachannualmeetingoftheAssociation. TheInitialBoardshallbedeemedtobeelectedandre-electedastheBoardofDirectorsateachannual meetinguntilthefirstmeetingofthemembersoccurringonoraftertheApplicableDateprovided herein.AftertheApplicableDateeachmemberoftheBoardofDirectorsshallbeelectedforatermof two(2)years,suchtermsshallbestaggered.EachDirectorshallholdofficethroughoutthetermofhis electionanduntilhissuccessoriselectedandqualified.SubjecttotheprovisionsofSection6ofthis ArticleIVastotheInitialBoard,anyvacancyorvacanciesoccurringintheBoardshallbefilledbya voteofamajorityoftheremainingmembersoftheBoardorbyvoteoftheOwnersifaDirectoris removedinaccordancewithSection9ofthisArticleIV.TheDirectorsofillingavacancyshallserve untilthenextannualmeetingofthemembersanduntilhissuccessoriselectedandqualified. Section9.RemovalofDirectors.ADirectororDirectors,exceptthemembersoftheInitialBoard, mayberemovedwithorwithoutcausebyvoteofamajorityofthevotescastataspecialmeetingofthe Ownersdulycalledandconstitutedforsuchpurpose.Insuchcase,hissuccessorshallbeelectedatthe samemeetingfromeligibleOwnersnominatedatthemeeting.ADirectorsoelectedshallserveuntilthe nextannualmeetingoftheOwnersanduntilhissuccessorisdulyelectedandqualified. Section10.DutiesandPowersoftheBoardofDirectors.ThedutiesandpowersoftheBoardof DirectorsshallbesetforthintheBy-Laws. Section 11.LimitationofBoardAction.AftertheApplicableDate,theauthorityoftheBoardof Directorstoenterintocontractsshallbelimitedtocontractsinvolvingatotalexpenditureoflessthan $5,000.00withoutobtainingthepriorapprovalofavoteoftheOwners,exceptthatinthefollowing casessuchapprovalshallnotbenecessary: a.ContractsforreplacingorrestoringportionsoftheCommonAreasdamagedordestroyedbyfire orothercasualtywherethecostthereofispayableoutofinsuranceproceedsactuallyreceivedorfor whichtheinsurancecarrierhasacknowledgedcoverage; b.Proposedcontractsandproposedexpendituresexpresslysetforthintheannualbudgetas approvedbytheBoardofDirectors;and c.ExpendituresnecessarytodealwithemergencyconditionsinwhichtheBoardofDirectors reasonablybelievesthereisinsufficienttimetocallameetingoftheOwners. Section 12.CompensationofBoardofDirectors.NoDirectorshallreceiveanycompensationforhis servicesassuch,excepttosuchextentasmaybeexpresslyauthorizedbyavoteoftheOwners.The ManagingAgent,ifanyisemployed,shallbeentitledtoreasonablecompensationforitsservices,the costofwhichshallbeaCommonExpense. Section 13.Non-LiabilityofDirectorsandOfficers.TheDirectorsandofficersoftheAssociation shallnotbeliabletotheOwnersoranyotherpersonsforanyerrorormistakeofjudgmentexercisedin carryingouttheirdutiesandresponsibilitiesasDirectorsandofficers,exceptfortheirownindividual willfulmisconduct,badfaithorgrossnegligence.TheAssociationshallindemnifYandholdharmless anddefendeachoftheDirectorsandofficersagainstanyandallliabilitytoanyperson,firmor corporationarisingoutofcontractsmadebytheBoardonbehalfoftheAssociation,unlessanysuch contractshallhavebeenmadeinbadfaith.ItisintendedthattheDirectorsandofficersshallhaveno personalliabilitywithrespecttoanycontractmadebythemonbehalfoftheAssociation. Section14.AdditionalIndemnityofDirectorsandOfficers.TheAssociationshallindemnifY,hold harmlessanddefendanyperson,hisheirs,assignsandlegalrepresentatives,madeapartytoanyaction, suitorproceedingbyreasonofthefactthatheisorwasaDirectororOfficeroftheAssociation,against thereasonableexpenses,includingattorneys'fees,actuallyandnecessarilyincurredbyhimin connectionwiththedefenseofsuchaction,suitorproceeding,orinconnectionwithanyappealtherein, exceptasotherwisespecificallyprovidedhereininrelationtomattersastowhichitshallbeadjudgedin suchaction,suitorproceedingthatsuchDirectororofficerisliableforgrossnegligenceormisconduct intheperformanceofhisduties.TheAssociationshallalsoreimbursetoanysuchDirectororOfficer thereasonablecostsofsettlementoforjudgmentrenderedinanyaction,suiteorproceeding,ifitshall befoundbyavoteoftheOwnersthatsuchDirectororofficerwasnotguiltyofgrossnegligenceor misconduct.Inmakingsuchfindingsandnotwithstandingtheadjudicationinanyaction,suitor proceedingagainstaDirectororofficer,noDirectororOfficershallbeconsideredordeemedtobe guiltyoforliablefornegligenceormisconductintheperformanceofhisdutieswhere,actingingood faith,suchDirectororofficerreliedonthebooksandrecordsoftheAssociationorstatementsoradvice madebyorpreparedbytheManagingAgent(ifany)oranyotherofficeroremployeethereof,orany accountant,attorneyorotherperson,firmorcorporationemployedbytheCorporationtorenderadvise orserviceunlesssuchdirectororofficerhadactualknowledgeofthefalsityorincorrectnessthereof;nor shallaDirectororofficerbedeemedguiltyoforliablefornegligenceormisconductbyvirtueofthe factthathefailedorneglectedtoattendameetingormeetingsoftheBoardofDirectors. Section IS.BondofBoardofDirectors.TheBoardofDirectorsmayprovidesuretybondsandmay requiretheManagingAgent(ifany),thetreasureroftheAssociation,andanyotherofficersasthe Boarddeemsnecessary,toprovidesuretybonds,indemnifYingtheAssociationagainstlarceny,theft, embezzlement,forgery,misappropriation,wrongfulabstraction,willfulmisapplication,andotheractsof fraudordishonesty,insuchsumsandwithsuchsuretiesasmaybeapprovedbytheBoardofDirectors andanysuchbondshallspecificallyincludeprotectionforanyinsuranceproceedsreceivedforany reasonbytheBoard.TheexpenseofanysuchbondsshallbeaCommonExpense. Section16.InitialManagement.Notwithstandinganythingtothecontrarycontainedinthis Declaration,Developershallhave,andDeveloperherebyreservestoitself,theexclusiverightto manageordesignateaManagingAgentfortheRealEstateandCommonAreas,andtoperformallthe functionsoftheCorporation,untiltheApplicableDate.Developermay,atitsoption,engagethe servicesofaManagingAgentaffiliatedwithittoperformsuchfunctionsand,ineithercase,Developer orsuchManagingAgentshallbeentitledtoreasonablecompensationforitsservices. Section17.TerminationoftheInitialBoardofDirectors.TheInitialBoardofDirectorsshallhold officeuntilthefirstmeetingofthemembersoftheAssociationoccurringonoraftertheApplicable Date.AtleastThirty(30)dayspriortotheApplicableDatetheAssociationshallhaveameetingofthe LotOwnersatwhichanewBoardofDirectorsshallbeelectedpursuittotheguidelinesoftheBy-Laws. IntheeventthataBoardofDirectorshavenotbeenvotedinbytheAssociationbytheApplicableDate, theDevelopershallhireaProfessionalPropertyAgentwhichshallserveastheBoardofDirectorsuntil suchtimeastheAssociationelectsaBoardofDirectors. INWITNESSWHEREOF,theundersignedDeveloper,astheowneroftheRealEstate,has hereuntocauseditsnametobesubscribedthisZ5'""dayof :r v \1 ,2008. CherryTreeGroveDevelopment,LLC,anIndiana IndianaLimitedLiabilityCompany BY~KtJ~---;- Christopher.White,Member ) SS: Beforeme,aNotaryPublicinandfortheStateofIndiana,personallyappearedChristopherR. White,asamemberofCherryTreeGroveDevelopment,LLC,anIndianaLimitedLiabilityCompany, andacknowledgedtheexecutionofthisinstrumentashisvoluntaryactanddeedassuchofficer,on behalfofsuchcompany,fortheusesandpurposeshere~ovesetfo WitnessmysignatureandNotarySealthis .z -5 dayof Noublicr{\A e,l ,(6 ,e.€l)LA~ Printed Mycommissionexpires: 0'1 lo~/Z-o~~ Iamaresidentof ~IL-rC);J Thisinstrumentprepared by ChristopherR.White. CHERRYTREEGROVEDEVELOPMENT,LLC. 15658BridgewaterClubBlvd. Carmel,IN46033 317-848-2830 ~a{;YYndi Ul\d-e V -+tu pC MI-lif S --Ib Y perJ~n./,.f'I1l1+T n a\Ie -foJRnr(a&:J)'!(i,biP aye 1t)rf 'at+eacll\86~QI StrUY1+:J hUM\JJ hJ1 --h1is dO~urY\O/llf... 17 eyn\&1-0 ~~«.\Z.\N \t\\.\L. ApartoftheWestHalfoftheNortheastQuarterofSection22,Township18North,Range4 East,ClayTownship,HamiltonCounty,Indiana,beingmoreparticularlydescribedasfollows: CommencingattheSouthwestcomeroftheNorthwestQuarterofsaidNortheastQuarter Section;thenceNorth00degrees02minutes24secondsEastalongtheWestlineofsaidHalf QuarterSection45.00feettotheCenterlineofCherryTreeRoadandthePOINTOF BEGINNINGofthisdescription:thenextfour(4)callsbeingonandalongsaidCenterline;1.) North16degrees44minutes52secondsEast52.54feet;2.)North26degrees53minutes43 secondsEast132.80feet;3.)North35degrees34minutes19secondsEast81.80feet;4.)North 38degrees11minutes37secondsEast102.55feettotheSouthwestcomeroftheSouthwest comerofthepropertydescribedinInstrumentNo.2001-36075intheOfficeoftheRecorderof HamiltonCounty,Indiana;thenextthree(3)callsbeingonandalongtheSouth,East,andNorth linesofsaidrealestate;1.)North89degrees50minutes30secondsEast469.84feet;2.)North 01degrees00minutes12secondsWest225.57feet;3.)South89degrees50minutes30 secondsWest288.06feettoapointonaforesaidCenterline;thenceNorth36degrees53 minutes48secondsEastalongtheCenterline154.16feettotheSouthwestcomerofthereal estatedescribedinInstrumentNo.2000-51124insaidRecordersOffice;thenceNorth89 degrees50minutes30secondsEastalongtheSouthlineofsaidrealestate861.04feettothe EastlineofsaidHalfQuarterSection;thenceSouth00degrees04minutes03secondsWest alongsaidEastline961.00feet;thenceSouth89degrees23minutes59secondsWest810.89 feet;thenceNorth00degrees36minutes01secondsWest323.49feet;thenceNorth89degrees 53minutes58secondsWest269.02feet;thenceSouth05degrees45minutes52secondsWest 20.49feet;thenceSouth89degrees35minutes45secondsWest233.46feettothePOINTOF BEGINNING,containing20.44acresmoreorless. ApartoftheWestHalfoftheNortheastQuarterofSection22,Township18North,Range4 East,ClayTownship,HamiltonCounty,Indiana,beingmoreparticularlydescribedasfollows: CommencingattheSouthwestcorneroftheNorthwestQuarterofsaidNortheastQuarter Section;thenceNorth00degrees02minutes24secondsWestalongtheWestlineofsaidHalf QuarterSectionadistanceof45.00feettoapointonthecenterlineofCherryTreeRoad;thence North89degrees35minutes45secondsEast41.86feettothePOINTOFBEGINNINGofthis description;thenceNorth16degrees44minutes52secondsEast36.64feet;thenceNorth26 degrees53minutes43secondsEast126.21feet;thenceNorth35degrees34minutes19seconds East77.85feet;thenceNorth38degrees11minutes37secondsEast133.29feet;thenceNorth 89degrees50minutes30secondsEast418.83feet;thenceSouth00degrees04minutes03 secondsEast66.62feet;thenceSouth39degrees18minutes17secondsWest113.91feet;thence South29degrees25minutes12secondsWest161.71feet;thenceNorth89degrees53minutes 58secondsWest269.02feet;thenceSouth05degrees45minutes52secondsWest20.49feet; thenceSouth89degrees35minutes45seconds·West191.60feettotheplaceofbeginning, containing3.205acres,moreorless,subjecttoalllegalhighways,rights-of-ways,easements,and restrictionsofrecord. ....,,t EXHIBIT·e ARCHITECTURALSTANDARDSC\-\E~R..'-{TR'-=IS(brL-oV1£ STRUCTUREANDDESIGNSTANDARDSANDPROVISIONS Buildingsshallmaintainaconsistentarchitecturalstyle,inbothfonnandtrim,throughout.The trimshallbepresentonallsidesofthebuilding,asappropriate.Appropriatenessshallbedefined asutilizingfeaturesandformsthatareconsideredtypicaltothechosenarchitecturalstyle,and shallbedetenninedbystaffreview.AllbuildingelementsClresubjecttothemostcurrentedition oftheIndianaBuildingCode. A.WINDOWS 1.Atleasttwowindowsshallbepresentoneachfayade,andeachoccupiedlevel,as architecturallyappropliate.OnewindowshallbepennittedonhalfstOlies. 2.Allwindows,onallsidesofthehouse,shallhavetrimasarchitecturallyappropriate. B.ENTRYWAYS 1.Entrywaysshallbeclearlyvisibleandshallbethedominantfeatureofthefrontfayade,or thesidefacade. 2.Porchesshallbeaminimumofsixfeetdeep,andshallbeprovidedwherearchitecturally appropliate. C.CHIMNEYS 1.Chimneysshallextendfullytotheground,andabovetheeaves,ifexternal. 2.Chimneysshallbemadeofmasonryorstuccomaterialorpanels,ormaterialwitha similar,durableappearance. 3."Shed-style"orbump-outchimneysshallnotbepennitted. D.GARAGES 1.GaTagesshallnotbethedominantfeatureofthefrontfacade 2.Ifoff-setorside-loading(cow-tyardloading),thefayadefacingthestreetshallhaveat leastonewindow. 3.Thegarage,iffront-loading,shallcomprisenomorethan30%ofthemainfrontfa9ade. E.ROOFLINES 1.Roofsshallhaveminimum1Yoverhangs,onallsidesofthestructure,ifarchitecturally appropliate. F.MATERIALS 1.Ifmorethanonematerislorcolorisused,thetransilicJnbetweenmatelialsand/orcolors shallbelogical,i.e.tohighlightanarcritecturalfeature.Ifamaterialsuchasblickor stoneisusedonthefrontfayadebutnotthesidefacades,alogicaitransitionwithtrim, suchasquoins,shallbeprovided.Vinylsiding,ifused,shallnotbelessthan0.048 thickness.Aluminumsidingshallnotbeused.