| 1. |
The
provisions of these covenants may be altered or
amended by the Developer at any time. They run with
the land and shall be binding on all parties and
persons claiming under them for a primary period
of twenty-five (25) years from the date hereof,
after which time said covenants shall be automatically
extended for successive periods of ten (10) years
unless an instrument signed by the owners of not
less than two-thirds (2/3) of all lots has been
recorded, agreeing to change these covenants in
whole or in part. |
2. |
The
owners intend to develop and/or subdivide additional
property contiguous and non-contiguous to the area
covered by this document and may in connection with
such subdivision extend or modify the waterways.
All work and improvements undertaken by the Developer
on such other property is to be construed as in
furtherance of the intent, welfare and quality of
life of this subdivision and shall not be impeded
by owners of this or any part of the subdivision.
The conditions herein provided shall be construed
as protection for owners of lots of any additional
subdivisions as well as lots in this particular
unit. |
| 3. |
Invalidation
of any one of these covenants by judgement or court
order shall in no wise affect any of the other provisions
which shall remain in full force and effect. |
| 4
. |
The
cost of any successful litigation or act taken by
the Developer as a means of duly enforcing any of
these covenants shall be reimbursed to the Developer
by the lot owner involved. |
