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Covenants, Conditions And Restrictions

Date: Aug. 12, 2007
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DECLARATION
OF
COVENANTS, CONDITIONS
AND RESTRUCTIONS
FOR
DUNWOODY COMMONS
HOMEOWNERS ASSOCIATION,
INC.

ARTICLE VI "RIGHTS AND OBLIGATIONS
OF THE ASSOCIATION AND OWNERS"
           
            Section 1.   Common Area.   Subject to the rights of the Owners set forth in this Declaration, the Association has exclusive management and control of the Common  Area and all other improvements thereon and all furnishings, equipment and other personal property related thereto. The Association shall keep the foregoing in good, clean, substantial, attractive, sanitary and serviceable condition, order and repair. The Association's duties with respect to the Common Area include the management, operation, maintenance, repair, servicing, replacement and renewal of all improvements, equipment and personal property installed thereon by the Declarant as part of the Work. The Association's duties also include the duty to repair under the circumstances outlined in this article.
 
            Section 2.   Lot Maintenance.
 
            (a)        Responsibility of Association. The Association shall provide maintenance upon each Lot and each Lot is subject to assessment  for  such maintenance, including but not limited to: (i) the exclusive right to conduct exterior maintenance including but not limited to the repair, replacement and maintenance of Common Area improvements, roofs,  lawns, trees, shrubs, landscaped areas including any partially enclosed front yards of Lots, sidewalks, fences the community pool, community pool furniture and equipment, and other exterior improvements installed by Declarant as part of the Work, and their replacements; (ii) the exclusive right to painting and repair of exterior building surfaces, every ten (10) years, or more often if deemed necessary by the Board of Directors, the initial such time period to commence from the date that the first Lot is sold to a residential Owner; (iii) repair, replacement, and maintenance of the utility easements located under each Lot as described in Article IV, and (iv) the right to maintain irrigation systems within the Common Property. The Association's  duty  of  exterior maintenance does NOT include: glass surfaces; replacement of exterior doors; screened enclosures or rear lanai. The Association also is not responsible for any maintenance, repair or replacement resulting from any fire, wind, flood, tornado, hurricane or other casualty; and each Owner will promptly correct any and all such casualty damage to such Owner's Lot within a reasonable time as specified herein. Where it is stated herein that the Association has exclusive control, it means the Owners of Lots shall not be required, or entitled, to conduct such activities, it being the intent of the Association to control such activities for purpose of maintaining uniformity within the Property. Each Owner of a Vistas Dwelling shall be responsible for repair, maintenance and replacement of the driveway located on such Owner's Lot. All maintenance performed by the Association shall be at least up to the maintenance standards established in the Declaration.
 
            (b)        Responsibility of Owner. The Owner shall provide exterior maintenance as follows, the cost for which each Owner shall be individually responsible: (i) maintenance, repair and replacement of rear screen porches, patios, lanais, screened enclosures, walkways and driveways upon each Owner's Lot (ii) repair or replacement of all glass surfaces on his/her Lot; (iii) replacement of exterior doors; (iv) maintenance, repair, or replacement resulting from any fire, wind, flood, tornado, hurricane or other casualty damage with the Lot of an Owner; (v) repair or replace any property whether upon each Owner's Lot or any other Lot, or the Common Property, which repair or replacement is required because of any negligence or the willful act of such Owner or any member of such Owner's family or household, or any invitee of such owner; and (vi) the cost of labor and materials for replacement of roofs on individual Lots in excess of the reserves established for such purpose pursuant to Article VI, Section 2 hereof. All maintenance performed by the Owner shall be at least up to the maintenance standards established in the Declaration.
 
            (c)        Failure of Owner to Repair.   The Association may perform maintenance or make repairs and assess the costs of any required exterior maintenance or repairs to the Owner of any Lot under the following circumstances: (1) such Owner does not when reasonably necessary replace any glass surfaces or exterior doors on such Owner's Lot; or (ii) any maintenance, repair or replacement, whether upon such Owner's Lot, or any other Lot or Common Property, is required because of any negligent or willful act of such Owner or any member of such Owner's family or household or any invitee of such Owner; or (iii) any owner fails promptly to repair or replace, as the case may be, any casualty damage to such Owner's Lot; and (iv) such Owner has failed to undertake the necessary maintenance or replacement within a reasonable period of time following written notice from the Association. Upon the occurrence of the foregoing, and after reasonable prior notice to such Owner, and a reasonable opportunity to be heard, the Association's Board of Directors by a vote of not less than sixty-seven percent (67%) of the full Board may undertake such maintenance, replacement or repairs and may assess by specific assessment the costs of such maintenance, replacement or repairs, as the case may be, against such Owner's Lot in the manner provided by Article VII, Section 14, of the Declaration. Failure of the Association to undertake any such maintenance, replacement or repair on behalf of the Owner shall in no event be deemed a waiver of the right to do so thereafter.
 
            Section 3.   Services.   The Association may obtain and pay for the services of any person to manage its affairs to the extent it deems advisable, as well as such other personnel as the Association determines are necessary or desirable for the proper operation of the Property, whether such personnel are furnished or employed directly by the Association or by any person with whom it contracts. Without limitation, the  Association  may obtain  and  pay for legal and accounting  services    necessary or desirable in connection with the operation of the Property or the enforcement of this Declaration, any future Declaration, or its Articles, Bylaws, Rules and Regulations. The  Association may contract with others to furnish trash collection, lawn care, Common Property maintenance, and any other services or materials, or both, to all Lots, or to any group of Lots; provided, however, if such services or materials, or both, are furnished to less than all Lots, then:
  

            (i)               only those Lots enjoying the benefit thereof shall be assessed for the cost thereof, as provided in this Declaration; and

            (ii)             provided further, each such Owner's consent shall be required.

 
Section 4.   Personal Property.   The Association may acquire, hold and dispose of tangible and intangible personal property, subject to such restrictions as from time to time may be contained in the Association's Bylaws.
 
Section 5.   Rules and Regulations.   The Association from time to time may adopt, alter, amend, rescind and enforce reasonable Rules and Regulations governing the use of the Lots, the Common Property, or any combination thereof, which Rules and Regulations shall be consistent with the right and duties established by this Declaration, and any applicable future Declaration. The validity of the Association's Rules and Regulations, and their enforcement shall be determined by a standard of reasonableness for the purpose of protecting the value and desirability of the Property as a residential community. All Rules and Regulations initially may be promulgated by the Board of Directors, subject to amendment or rescission by a majority of both classes of membership present and voting at any regular or special meeting convened for such purposes. The Association's procedures for enforcing its Rules and Regulations at all times shall provide the affected Owner with reasonable prior notice and a reasonable opportunity to be heard, in person and through representatives of such Owner's choosing.
           
Section 6.   Implied Rights.   The Association may exercise any other right, power or privilege given to it expressly by this Declaration, any future Declaration, its Articles or Bylaws, or by law, and every other right, power or privilege reasonably to be implied from the existence of any right, power or privilege so granted or reasonably necessary to effectuate the exercise of any right, power or privilege so granted.
           
            Section 7.   Restriction on Capital Improvements.   Except for replacement or repair of items installed by Declarant as part of the Work, and except for personal property related to the Common Property, the Association may not authorize capital improvements to the Common Property without Declarant's consent until termination of the Class B control period as described in Article V. At all times hereafter, all capital improvements to the Common Property, except for replacement or repair of those items installed by Declarant as part of the Work and except for personal property related to the Common Property shall be approved by sixty-seven percent (67%) of each class of members who are present in person or by proxy and voting at a meeting duly convened for such purpose, as provided in this Declaration.
 
            Section 8.   Litigation.   The Association shall have the power to initiate or defend litigation on behalf of the Association, subject to the following limitations: no judicial or administrative proceeding shall be commenced or prosecuted by the Association unless approved by a vote of seventy-five percent (75%) of each class of members. This paragraph shall not apply, however, to (a) actions brought by the Association to enforce the provisions of this Declaration (including, without limitation, the foreclosure of liens and enforcement of restrictive covenants against Owners), (b) the imposition and collection of assessments as provided in Article VII hereof, (c) proceedings involving challenges to ad valorem taxation, or (d) counterclaims brought by the Association in amendment is made by the Declarant or is approved by the percentage votes, and pursuant to the same procedures, necessary to institute proceedings as provided above.
 
            Section 9.   Surface Water/Stormwater Management System.
           
(a)      The Association shall operate, maintain and manage the SWMS in  a manner consistent with the SJRWMD Permit requirements and applicable District rules, and shall assist in the enforcement of the restrictions and covenants contained herein. Maintenance of the SWMS shall mean exercise of practices which allow the systems to provide drainage, water storage, treatment, conveyance or other surface water or stormwater management capabilities as permitted by SJRWMD. The Association shall be responsible for such maintenance and operation. Any repair or reconstruction of the SWMS shall be as permitted, or if modified, as approved by SJRWMD.
(b)     No structure of any kind shall be constructed or erected within, nor shall an Owner in any way change, alter, impede, revise or otherwise interfere with the flow and the volume of water in any portion of any drainage areas or the SWMS, nor shall any grading, alteration, or other modifications to these areas be made without the prior written permission of the Association, any governmental entity having jurisdiction and SJRWMD.
(c)      No Owner shall in any way deny or prevent ingress and egress by the Declarant, the Association, the County of Seminole, or SJRWMD to any drainage areas or SJRWMD for maintenance or landscape purposes. The right of ingress and egress, and easements therefore are hereby specifically reserved and created in favor of the Declarant, the Association, SJRWMD, County of Seminole or any appropriate governmental or quasi-governmental agency that may reasonably require such ingress and egress.
 
(d)              No Lot shall be increased in size by filling in any drainage areas or other portion of the SWMS. No Owner shall fill, dike, rip-rap, block, divert or change the established drainage areas or the SWMS without the prior written consent of the Association, County of Seminole, and SJRWMD.
(e)      Any wall, fence, paving, planting or other improvement which is placed by an Owner within a drainage area, drainage easement, or the SWMS including, but not limited to, easements for maintenance or ingress and egress, shall be removed, if required by the Association or SJRWMD, the cost of which shall be paid for by such Owner as a special assessment.
(f)      SJRWMD and any governmental entity having jurisdiction shall have the right to enforce, by a proceeding at law or in equity, the provisions contained in this Declaration which relate to the maintenance, operation, and repair of the SWMS.
 
(g)              No Owner of  property within the Property may construct or maintain any building, residential dwelling, or structure, or perform any activity in the wetlands, buffer areas, and upland conservation areas described in the approved permit and recorded plat of the subdivision, unless prior approval is received from SLRWMD and County of Seminole.
(h)     SJRWMD has the right to take enforcement action, including civil action for an injunction and penalties, against the Association to compel the Association to correct any outstanding problem with the SWMS or if applicable, in mitigation or conservation areas under the responsibility or control of the Association. 
(i)      If applicable, monitoring and management of the mitigation areas, described in the SJRWMD permit, shall be the responsibility of the Association. Also, if applicable, the Association shall be responsible for successful completion of the mitigation in accordance with the success criteria described in the SJRWMD Permit.
 
LOTS MAY CONTAIN OR ABUT CONSERVATION AREAS WHICH ARE PROTECTED UNDER RECORDED CONSERVATION EASEMENTS. THESE AREAS MAY NOT BE ALTERED FROM THEIR PRESENT CONDITIONS EXCEPT IN ACCORDANCE WITH THE RESTORATION PROGRAM INCLUDED IN THE CONSERVATION EASEMENT, OR TO REMOVE EXOTIC OR NUISANCE VEGETATION, INCLUDING WITHOUT LIMITATINO, MELALEUCA, BRAZILIAN PEPPER, AUSTRALIAN PINE, JAPANESE CLIMBING FERN, CATTAILS, PRIMROSE WILLOW AND GRAPE VINE. OWNERS ARE RESPONSIBLE FOR PERPETUAL MAINTENANCE OF SIGNAGE REQUIRED BY THE PERMIT ISSUED BY SJRWMD WHICH MAINTENANCE SHALL BE PERFORMED TO THE GREATEST DEGREE LAWFUL BY THE ASSOCIATION.
 
THE CONSERVATION AREAS ARE HEREBY DEDICATED AS COMMON AREAS. THEY SHALL BE THE PERPETUAL RESPONSIBILITY OF THE ASSOCIATION, AND MAY IN NO WAY BE ALTERED FROM THEIR NATURAL STATE. ACTIVITIES PROHIBITYED WITHIN THE CONSERVATION AREAS INCLUDE, BUT ARE NOT LIMITED TO, CONSTRUCTION OR PLACING OF BUILDINGS ON OR ABOVE THE GROUND; DUMPING OR PLACING SOIL OR OTHER SUBSTANCES SUCH AS TRASH; REMOVAL OR DESTRUCTION OF TREESE, SHRUBS, OR OTHER VEGETATION, WITH THE EXCEPTION OF EXOTICNUISANCE VEGETATION REMOVAL; EXCAVATION, DREDGING OR REMOVAL OF SOIL MATERIAL; DIKING OR FENCING; ANY OTHER ACTIVITIES DETRIMENTAL TO DRAINAGE, FLOOD CONTROL, WATER CONSERVATION, EROSION CONTROL, OR FISH AND WILDLIFE HABITAT CONSERVATION OR PRESERVATION.
 
            Section 10.   Personal Property for Common Use.   The Association may acquire and hold tangible and intangible personal property and may dispose of the same by sale or otherwise, subject to such restrictions, if any, as may from time to time be provided in the Association's Articles or Bylaws.
 
            Section 11.   Insurance.   The Association at all times shall procure and maintain adequate policies of public liability insurance, as well as other insurance that it deems advisable or necessary. The Association additionally shall cause all persons responsible for collecting and disbursing Association moneys to be insured or bonded with adequate fidelity insurance or bonds.
 
            Section 12.   Common Expense.   The expenses and costs incurred by the Association in performing the rights, duties, and obligations set forth in this Article, are hereby declared to be Common Expenses and shall be paid by Class A and Class C members. All expenses of the Association in performing its duties and obligations or in exercising any right or power it has under this Declaration, the Articles of Incorporation or the Bylaws are deemed to be and are hereby Common Expenses. Class A and Class C Property shall be subject to separate annual budgets determined by the Boards of Directors at each annual meeting.
 
            Section 13.   Suspension of Use Rights; Levy of Fines.   The Association may suspend for a reasonable period of time the rights of an Owner or an Owner's tenants, guests, or invitees, or both, to use the Common Areas and facilities and may levy reasonable fines, not to exceed One Hundred and no/100 Dollars ($100.00) per violation per day for each day of a continuing violation not to exceed One Thousand and no/100 Dollars ($1000.00) in the aggregate, against any Owner or any tenant, guest or invitee for failure to comply with the provisions of this Declaration, the Articles, Bylaws or Rules and Regulations promulgated by the Association. A fine or suspension may be imposed only after giving such Owner, tenant, guest or invitee at least fourteen (14) days written notice and an opportunity for a hearing before a committee of at least three (3) members of the Association appointed by the Board of Directors who are not officers, directors, or employees of the Association, or the spouse, parent, child brother, or sister of an officer, director or employee. The Committee must approve a proposed fine or suspension by a majority vote. No suspension of the right to use the Common Area shall impair the right of an Owner or Owner's tenant to have vehicular ingress to and egress from such Owner's Lot, including, but not limited to, the right to park.
 
            Section 14.   Proviso.   Notwithstanding any other provision in this Declaration, no amendment of the governing documents by any person, and no termination or amendment of this Declaration, will be effective to change the Association's responsibilities for the SWMS or any conservation areas, unless the amendment has been consented to in writing by SJRWMD. Any proposed amendment which would affect the SWMS or any conservation areas must be submitted to SJRWMD for a determination of whether the amendment necessitates a modification of the surface water management permit
 
ARTICLE VII - COVENANT FOR MAINTENANCE ASSESSMENTS
 
Section 1.   Creation of the Lien and Personal Obligation for Assessments.   The Declarant, for each Lot within the Properties, hereby covenants, and each Owner of any Lot by acceptance of a deed or other conveyance thereto, whether or not it is so expressed in such deed or conveyance, is deemed to covenant and agrees to pay to the Association: (i) annual assessments or charges and charges for common Expenses; (ii) special assessments or charges against a particular Lot as may be provided by the terms of this Declaration. Such assessments and charges, together with the maximum interest allowable by law, computed from the date the delinquency first occurs and all costs and expenses of collection, including reasonable attorney's fees, are a continuing charge on the land secured by a continuing lien upon the Lot against which each assessment is made. Each such assessment, together with interest and all costs and expenses of collection, including reasonable attorney's fees, also is the personal obligation of the person who is the owner of such Lot when such assessment arose. Such personal obligation for delinquent assessments shall not pass to the Owner's successor in title who are not affiliated or related to the Owner by marriage, blood or adoption, unless assumed expressly in writing; provided, however, the above-referred to lien shall continue to be enforceable against the Lot. No First Mortgagee who obtains title to a Lot pursuant to the remedies provided in the First Mortgagee's mortgage shall be liable for unpaid assessments which accrued prior to such acquisition of title.
 
            Section 2.    Purpose of Assessments.   The assessments levied by the Association shall be used to promote the recreation, health, safety, and welfare of the residents of the Properties, and for the improvement and maintenance of the common Area and the carrying out of the other responsibilities and obligations of the Association under this Declaration, the Articles and the Bylaws. Without limiting the generality of the foregoing such funds may be used for the acquisition, improvement and maintenance of Properties, services and facilities related to the use and enjoyment of the Common Area, including the costs of repair, replacement and additions thereto; the cost of labor, equipment, materials, management and supervision thereof; the payment of taxes and assessments made or levied against the Common Area; reserves for roof     replacements, exterior painting of Dwellings, and garage door replacement for the Vistas Dwellings; the procurement and maintenance of insurance; the employment of necessary or useful; the maintenance, landscaping and beautification of the Common Area and such public lands as may be designated by the Declarant or the Association; the maintenance, repair and replacement of Boundary Walls required or permitted to be maintained by the Association; the employment of security personnel to provide services which are not readily available from any governmental authority; and such other needs as may arise.
 
            Section 3.   Maximum Annual assessment for Common Expenses.
 
(a)              Initial Assessment.
 
1.   Until January 1 of the year immediately following the conveyance by the Declarant of the first Lot containing a Park Dwelling to an Owner, the maximum annual Common Expenses assessment per Lot for a Park Dwelling Unit shall not exceed One Hundred Fifty-Three and 75/100ths Dollars ($153.75).
 
2.   Until January 1 of the year immediately following the conveyance by the Declarant of the first Lot containing a Vistas Dwelling to an Owner, the maximum annual Common Expenses assessment per Lot for a Vistas Dwelling Unit shall not exceed One Hundred Sixty and 15/100ths Dollars ($160.15).
 
(b)             Standard Increases. From and after January 1 of the year immediately following the conveyance by the Declarant of the first Lot to an Owner of either a Park Dwelling or a Vistas Dwelling, the maximum annual assessment for Common Expenses as stated above may be increased each year not more than fifteen percent (15%) above the maximum assessment for the previous year without a vote of the members.
 
(c)            Special Increases. From and after January 1 of the year    immediately following the conveyance by the Declarant of the first Lot to an Owner of either a Park Dwelling or a Vistas Dwelling, the maximum annual assessment for   Common Expenses may be increased above the increase permitted by subsection 3 (b) above by a vote of two-thirds (2/3) of each class of voting members at a meeting duly called for this purpose.
(d)             Duty of Board to Fix Amount. The Board of Directors may fix the annual assessment for Common Expenses at an amount not in excess of the maximum annual assessment rate established in this Section.
           
            Section 4.    Special Assessments for Capital Improvements.   In addition to the annual assessments authorized above, the Association may levy, in any assessment   year, a special assessment applicable to that year only for the purpose of defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement, including fixtures and personal property related thereto, provided that any such assessment shall have the assent of two-thirds (2/3) of the votes of each class of members who are voting in person or by proxy at a meeting duly called for this purpose.
 
            Section 5.    Notice of Meeting and Quorum for Any Action Authorized Under Section 3 and 4.   Written notice of any members meeting called for the purpose of   taking any action authorized under Section 3 and 4 of this Article shall be sent to all  members not less than thirty (30) days nor more than sixty (60) days in advance of the meeting. At such meeting, the presence of members or of proxies entitled to cast a   majority of all the votes of each class of membership shall constitute a quorum. If the required quorum is not present, another meeting may be called subject to the same notice requirement, and the required quorum at the subsequent meeting shall be the presence of members or of proxies entitled to cast one-tenth (1/10) of all the votes of each class of membership. No subsequent meeting shall be held more than sixty (60) days following the preceding meeting.
           
            Section 6.    Declarant's Common Expenses Assessment.   Notwithstanding any provision of this Declaration or the association's Articles or Bylaws to the contrary, as long as there is Class B membership in the Association, the Declarant shall not be obligated for, nor subject to any annual assessment for any Lot which it may own, provided Declarant shall be responsible for paying the difference between the Association's expenses of operation otherwise to be funded by annual assessments and the amount received from Owners, other than the Declarant, in payment of the annual assessments levied against their Class A or Class C Lots. Such difference shall be called the 'Deficiency', and shall not include any reserve for replacements, operating reserve, depreciation reserves, capital expenditures or special assessments. The Declarant may at any time, give thirty (30) days prior written notice to the Association terminating its responsibility for the Deficiency, and waiving its right to exclusion from annual assessments. Upon giving such notice, or upon termination of Class B membership, whichever is sooner, each Lot owned by Declarant shall thereafter be assessed at twenty-five percent (25%) of the annual assessment established for Lots owned by Class A or Class C members other than Declarant. Declarant shall not be responsible for any reserve for replacements, operating reserves, depreciation reserves, capital expenditures or special assessments. Such assessment shall be prorated as to the remaining months of the year, if applicable. Declarant shall be assessed only for the Lots which are subject to the operation of this Declaration. Upon transfer of title of a Lot owned by Declarant, the Lot shall be assessed in the amount established for Lots owned by Owners other than the Declarant, prorated as of and commencing with, the month following the date of transfer of title. Notwithstanding the foregoing, any Lots from which the Declarant derives any rental income, or holds an interest as mortgagee or contract seller, shall be assessed at the same amount as Lots owned by Owners other than the Declarant, prorated as of and commencing with, the month following the execution of the rental agreement or mortgage, or the contract purchaser's entry into possession as the case may be.
          
            Section 7.   Exemption from Assessments.   The assessments, charges and liens provided for or created by this Article shall not apply to the Common Area or any other Homeowner's Association, any property dedicated to and accepted for maintenance by a public or governmental authority or agency, and property owned by a public or private utility company or public or governmental body or agency, and any   property owned by a charitable or non-profit organization.
 
            Section 8.   Date of Commencement of Annual Assessments: Due Dates.   The annual assessments for common Expenses shall commence as to all Lots subject thereto upon the conveyance of the first Lot from the Declarant to its purchaser. The Board of Directors shall fix the amount of the annual assessment for Common Expenses against each Lot not later than December 1 of each calendar year for the  following calendar year. Written notice of the annual assessment for Common Expenses shall be sent to every Owner subject hereto. Unless otherwise established by the Board of Directors, annual assessments for common Expenses shall be collected on a quarterly basis. The due date for special assessments shall be as established by the Board of Directors.
 
            Section 9.   Lien for Assessments.   All sums assessed to any Lot pursuant to this Declaration, including those owned by the Declarant, together with interest and all costs and expenses of collection, including reasonable attorney's fees, shall be secured by a continuing lien on such Lot in favor of the Association.
 
            Section 10.   Effect of Nonpayment of Assessments: Remedies of the Association.   Any assessment not paid within thirty (30) days after the due date shall bear interest from the date of delinquency at the maximum rate allowed by law.   The Association may bring an action at law against the Owner personally obligated to pay the same, or foreclose the lien against the Lot. No Owner may waive or otherwise escape liability for the assessments provided for herein by non-use of the Common  Area, or abandonment of his Lot.
 
            Section 11.   Foreclosure.   The lien for sums assessed pursuant to this Declaration may be enforced by judicial foreclosure by the association in the same   manner in which mortgages on real property may be foreclosed in Florida. In any such foreclosure, the Owner shall be required to pay all costs and expenses of foreclosure, including reasonable attorney's fees. All such costs and expenses shall be secured by the lien being foreclosed. The Owner shall also be required to pay to the Association any assessments against the Lot which shall become due during the period of foreclosure, and the same shall be secured by the lien foreclosed and accounted for as of the date the Owner's title is divested by foreclosure. The Association shall have the right and power to bid at the foreclosure or other legal sale to acquire the Lot foreclosed, and thereafter to hold, convey, lease, rent, encumber, use and otherwise deal with the same as the Owner thereof. In lieu of foreclosing its lien, the Association, at its election, shall have the right to collect amounts due it by suit for collection brought against the Owner personally obligated for payment. 
                                
            Section 12.   Homestead.   By acceptance of a deed thereto, the Owner and spouse thereof, if married, of each Lot shall be deemed to have waived any exemption from liens created by this Declaration or the enforcement therof by foreclosure or otherwise, which may otherwise have been available by reason of the homestead exemption provisions of Florida law, if for any reason such are applicable. This Section is not intended to limit or restrict in any way the lien or rights granted to the Association by this Declaration, but to be construed in its favor.
 
            Section 13.   Subordination of the Lien to Mortgages.   The lien of the assessments provided for herein shall be subordinate to the lien of any first mortgage which is given to or held by an Institutional Lender, or which is guaranteed or insured by the FHA or VA. The sale or transfer of any Lot pursuant to foreclosure of such a first mortgage or any proceeding in lieu thereof, shall extinguish the lien of such assessments as to payments which became due prior to such sale or transfer. No sale or transfer shall relieve such Lot from liability for any assessments thereafter becoming due or from the lien thereof. The Association shall, upon written request, report to any such First Mortgagee of a Lot any assessments remaining unpaid for a period longer    than thirty (30) days after the same shall have become due, and shall give such First Mortgagee a period of thirty (30) days in which to cure such delinquency before   instituting foreclosure proceedings against the Lot; provided, however, that such First Mortgagee first shall have furnished to the association written notice of the existence of its mortgage, which notice shall designate the Lot encumbered by a proper legal description and shall state the address to which notices pursuant to this Section are to be given. Any such First Mortgagee holding a lien on a Lot may pay, but shall not be   required to pay, any amounts secured by the lien created by this Article VII. Mortgagees are not required to collect assessments.
 
            Section 14.   Special Assessments.   Any cost or expense required to be paid by an Owner related solely to such Owner or its Lot, and any and all other accrued, liquidated indebtedness or any Owner to the association arising under any provision of this Declaration or any applicable future Declaration, including any indemnity contained here, or by contract express or implied, or because of any act or omission of any Owner or of any Owner's family, household members or invitees, also shall be assessed by the Association against such Owner's Lot after such Owner fails to pay the same when due and such default continues for thirty (30) days after written notice.
 
            Section 15.   Certificate of Amounts Due.   The Association shall upon demand, and for a reasonable charge, furnish a certificate signed by an officer of the Association setting forth whether the assessments on a specified Lot have been paid. A properly executed certificate of the Association as to the status of assessments on a Lot shall be binding upon the Association as of the date of its issuance.
 
            Section 16.   Cable Television.   Declarant may, but shall not be obligated to, coordinate and establish an agreement with one or more cable television service companies for the provision of cable television services to the community and all   Dwellings included therein. If such agreement is established, the fees for the cable television service payable to the service provider shall be a common expense payable by the Association and shall be included within the annual budget for which the assessments are levied each year. No Owner may avoid or escape liability for any portion of the assessments by election not to utilize the cable television service.
 
            Section 17.   Visual Security.   Declarant may, but shall not be obligated to, coordinate and establish an agreement with one or more cable television service companies for the provision of a visual security service channel to the community and all Dwellings included therein. If such agreement is established, the fees for the visual security service channel payable to the service provider shall be a Common Expense payable by the Association and shall be included within the annual budget for which the assessments are levied each year. No Owner may avoid or escape liability for any portion of the assessments by election not to utilize the visual security service channel.
 
            Section 18.   Community Bulletin Board.   Declarant may, but shall not be obligated to, coordinate and establish an agreement with one or more cable television service companies for the provision of a community bulletin board channel to the community and all Dwellings included herein. If such agreement is established, the fees for the community bulletin board channel payable to the service provider shall be a Common Expense payable by the Association and shall be included within the annual budget for which the assessments are levied each year. No Owner may avoid or escape liability for any portion of the assessments by election not to utilize the community bulletin board channel.
 
            Section 19.   Property Taxes.   Because the interest of each Owner in the Common Area is an interest in real property appurtenant to each Lot, and because no person other than an Owner has the right to the beneficial use and enjoyment of the Common Area, Declarant intends that the value of the interest of each Owner in the Common Area entitled to its use be included in the assessment of each such Lot for   local property tax purposes. Declarant further intends that any assessment for such purposes against the common Area shall be for a nominal amount only, reflecting that the full value thereof is included in the several assessments of the various Lots. If the local taxing authorities refuse to so assess the Common Area with the result that local real property taxes in any given year are assessed to the Association with respect to the Common Area in excess of One Thousand Dollars ($1000.00), then the amount of such excess may be specially assessed by the Board of Directors, in its discretion, in the   following manner: the amount of such excess with respect to the common Property shall be divided by the number of Lots within the Property, and the quotient shall be the amount of such special assessment against each Lot. In the Board�s discretion, such special assessment may be payable in a lump sum within thirty (30) days after notice or may be amortized without interest over such number of months as the Board deems advisable. Each year the Board shall determine whether such assessment shall be levied, and its amount, within forty-five (45) days after receiving notice of the amount of taxes due. Such special assessment is not an increase in the annual assessment subject to the limitations of the preceding section of this Article.
 
            Section 20.   Working Capital.   There shall be a working capital fee of Five Hundred Dollars ($500.00), which fee shall be paid by each Owner at the time of closing and transfer of title on their Lot, to be used by the association to establish an initial reserve account or to be used for any normal operation expenses of the Association.
 
ARTICLE VIII - HUD AND VA APPROVAL
           
            Section 1.   Master Plan of Development. The Declarant has on file at its business office, presently located at 555 Winderley Place, Suite 420, Maitland, Florida 32751, a copy of the master plan of development (the "Master Plan") for the land which is subject to this Declaration, showing a general indication of the size and location of developments; the approximate size and location of Common Area, if any; and the general nature of any proposed Common Area facilities and improvements, if any. Such Master Plan shall not bind the Declarant to make any such Common Areas or adhere to the Master Plan. Such Master Plan may be amended or modified by the Declarant, in whole or in part, at any time, or discontinued. As used herein, the term "Master Plan" shall mean such general plan of development together with any amendments or modifications thereof hereafter made.
           
            Section 2.   HUD, FHA or VA Approval.  As long as there is a Class B member, the following actions will require the prior approval of HUD or FHA or VA:
(a)                Dedication of additional Common Areas;
(b)               Amendment of the Articles of Incorporation of the Association;
(c)                Amendment of the Bylaws of the Association;
(d)               Dissolution of the Association;
(e)               <
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