| THE STATE OF TEXAS |
|
|
|
|
| |
|
|
KNOW ALL MEN BY THESE
PRESENTS: |
|
| |
|
|
|
|
| COUNTY OF FRANKLIN |
|
|
|
|
| Introduction |
|
|
|
|
|
Article One
Definitions |
| Section |
1.01 - Owner |
1.06 - Covenants |
|
|
|
|
1.02 - Association or KCPOA |
1.07 - Enforcement |
|
|
|
|
1.03 - Board |
1.08 -
Failure to Enforce |
|
|
|
|
1.04 - Development |
1.09
- Responsibility to Enforce |
|
|
|
|
1.05 - Lot |
1.10 - Board
Authority |
|
|
|
| |
|
|
|
|
|
Article Two
Lot Usage Restictions |
| Section |
2.01 - Residential
Use Only |
2.05
- Subdivision and Platting |
|
|
|
| |
2.02 - Rental |
2.06
- Transfer, Rental, or Leasing |
|
|
|
| |
2.03 - Parks |
2.07 - Ad
Valorem Taxes |
|
|
|
| |
2.04 - Recreational
Facilities |
|
|
|
|
| |
|
|
|
|
|
Article
Three
Architectural Control |
|
|
|
|
| |
|
|
|
| Section |
3.01 - Architectural Control Committee |
3.15 - Siting Restrictions |
|
|
|
| |
3.02 - Approval Required |
3.16 - Sewerage Regulations |
|
|
|
| |
3.03 - Permit Required |
3.17 - Sewage Disposal |
|
|
|
| |
3.04 - Water District Rules &
Permits |
3.18 - Public Sewer
System |
|
|
|
| |
3.05 - Appeal |
3.19 - Water, Electricity,
Telephone |
|
|
|
| |
3.06 - Architectural Styling |
3.20 - Gas |
|
|
|
| |
3.07 - Architectural Precedence |
3.21 - Roads |
|
|
|
| |
3.08 - Roofs and Fences |
3.22 - Easement for
Utilities |
|
|
|
| |
3.09 - Free Standing Buildings |
3.23 - Outside Antennae |
|
|
|
| |
3.10 - House Trailers and the
Like |
3.24 - Driveways |
|
|
|
| |
3.11 - Construction Site |
3.25 - Billboards
and Signs |
|
|
|
| |
3.12 - Continuous Construction |
3.26 - Address Signs |
|
|
|
| |
3.13 - Temporary Quarters |
3.27 - Architectural
Committee Response |
|
|
|
| |
3.14 - Storage of Construction
Material |
|
|
|
|
| |
|
|
|
|
|
Article
Four
Nuisances, Maintenance, Vehicles, Animals |
|
|
|
|
| |
|
|
|
| Section |
4.01 - Nuisances |
4.05 - Sanitation
& Unsightly Apperance |
|
|
|
| |
4.02 - Vehicle Restrictions |
4.06 - Animals |
|
|
|
| |
4.03 - Unused Vehicles |
4.07 - Fires |
|
|
|
| |
4.04 - Commercial Vehicles |
4.08 - Hunting |
|
|
|
| |
|
|
|
|
|
Article
Five
Assessments, Non-Payment, Liens, Foreclosure |
|
|
|
| |
|
|
| Section |
5.01 - Assessments |
5.07 - Roster |
|
|
|
| |
5.02 - Road Assessments |
5.08 - Annual Report |
|
|
|
| |
5.03 - Operation & Maint.
Assessments |
5.09 - Non-Payment |
|
|
|
| |
5.04 - Commencement of Assessments |
5.10 - Foreclosure |
|
|
|
| |
5.05 - Variances |
5.11 Subordination of Lien to
Mortgage |
|
|
|
| |
5.06 - Due Date |
|
|
|
|
| |
|
|
|
|
|
Article
Six
Water District Regulation - Severability |
|
|
|
| |
|
|
| Section |
6.01
- Franklin County Water District Rules 6.02
- Severability |
|
|
|
| |
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
KING’S COUNTRY PROPERTY
OWNERS ASSOCIATION (KCPOA or The Association),
acting by and through its duly authorized officers and
Board of Directors (the Board), and
having oversight, control and/or ownership of those
certain real properties in Franklin County, Texas, being
a part of the W.H. Beaver Survey, A-69; the W.M Blackstone
Survey, A-80; the A. Newman Survey, A-358; the J.W.
Mathews Survey, A-319; the Wm. Y. Lacy Survey, A-277;
the Granberry Fee Survey, A-175; the Thomas R, Starnes
Surveys, A-455 and 454; the J. Dacon Survey, A-143;
the A. Starnes Survey, A-452; the Bevin Brooks Surveys,
A-56 and 55; the O.D. Cure Survey, A-120; the James
E. Hopkins Survey, A-120; the A.W. Narramore Survey,
A-359; and other surveys as may be shown of public record
in Franklin County, Texas; and as to parts of which
are described in original leases from the Franklin County
Water District, all as set forth in the Consolidated
Lease Agreement dated May 10, 1975, and recorded in
Volume 127, page 180 of the Deed Records of Franklin
County, Texas; and also being shown by plats of the
KING’S COUNTRY DEVELOPMENT (the Development)
recorded in the Surveyor’s Records and the Plat
Cabinet of the Map and Plat Records of Franklin County,
Texas, with the exception of that property lying west
of FM Hwy 115 in Franklin County, Texas, has established
a general plan for the development of such premises
and does hereby establish these restated Covenants,
Conditions, Reservations, and Restrictions (the
Covenants) upon which and subject to which
the development, and all lots within the development,
and any portion thereof, shall be governed and maintained.
The Association recognizes that there
is a need for a uniform set of covenants and restrictions
to govern the Development and these restated covenants
are adopted to avoid confusion and to henceforth govern
the administration of the Development. The Covenants
together with the Charter and By-Laws of the Association,
shall henceforth govern in all matters affecting the
Development.
The Covenants are for the benefit of each
owner, lessee or sub-lessee of land in the Development
or any interest therein (hereafter referred to as Owner,
whether one or more than one), and shall inure to and
pass with each and every parcel of the Development,
and it shall bind the respective successors in interest
of each and every such Owner, and each and every such
Owner and successor in interest shall be bound both
by the Covenants as well as those contained in the above-referenced
Leases from the Franklin County Water District as Lessor,
and all covenants and conditions imposed in the conveyance
of the Leasehold Estate or Fee Simple title under prior
deeds or assignments of leasehold interests.
The covenants are to be construed as restrictive
covenants running with the title of such lots and with
each and every parcel thereof and, by accepting a conveyance
from the Association or an Owner to any lot or portion
thereof, reciting the Covenants, each and every successor
in interest hereby covenants the he, she, they or it,
will include in any grant, deed, or sub-lease they execute,
a condition that all of the Covenants will be followed
and that if violated, such violation will by a breach
of the grant or sub-lease and each deed or sub-lease
shall contain an acceptance by successors in interest
agreeing that the right of enforcement of the Covenants
may be by injunction and that any one or more Owners
may so enjoin their violation.
The Covenants are also recorded as restated
covenants to impose these covenants as restrictions
on all future conveyances of any lots within the Development,
whether or not title passes from the Association.
The Covenants shall run with and bind
the land, and shall inure to the benefit of and be enforceable
by the Owner of any land subject to this Declaration,
their respective legal representatives, heirs, successors
and assigns, for a term of fifty (50) years from the
date this Declaration is recorded, after which time
the Covenants shall be automatically extended for successive
periods of ten (10) years. The Covenants may be changed
in whole or in part by the vote of Owners representing
at least fifty-one percent (51%) of the voting members
in good standing ageing to the change.
ARTICLE
ONE
DEFINITIONS
OWNER |
1.01 “Owner”
shall mean and refer to the person or persons occupying
a lot in the development under any form of ownership,
tenancy, lease or sub-lease or claiming any such interest,
whether one or more persons or entities, to any lot
or portion of a lot on which there is or may be built
a detached single family dwelling. “Owner”
includes a contract Lessor but excludes those having
an interest merely as security for the performance of
an obligation. Any tenant renting a dwelling or otherwise
renting any property within the Development shall be
subject to all of the use restrictions and conditions
imposed herein. Any Lessor shall be responsible for
all actions of his tenants as those actions pertain
to the Covenants.
1.02 “Association”
or “KCPOA” shall mean and
refer to King’s Country Property Owners Association,
a non-profit incorporated organization which is comprised
of the Owners of the Development, with each owner of
a lot in the Development having one (1) vote. Multiple
owners of one lot shall have only one vote among themselves.
An owner of multiple lots within the Development shall
have only one vote for such lots. Membership in this
organization shall be compulsory and shall be a condition
under any deed and/or assignment of any lot within the
Development. Membership in the Association shall pass
with the title to a lot. The Association shall be governed
by the Articles of Incorporation and by the Bylaws of
the Association adopted January 28, 1995 and all amendments
thereto. All sections of the Development shall function
through one Association.
The Charter and Bylaws of the Association
and the Covenants may be amended or changed only by
action of the membership. The Directors shall be selected
and serve according to the provisions of the Bylaws.
All administrative control over the development shall
be through the Board of Directors and the committees
and employees of the Association selected by the board.
The Covenants are intended to bind any subsequent purchasers
of lots within the development and the present owners
of lots within the development to the extent allowed
by law.
1.03 “The Board”
shall mean and refer to the Board of Directors of King’s
Country Property Owners Association.
1.04 “The Development”
shall mean and refer to that certain real property described
previously herein as all of the lots within King’s
Country Development shown in the referenced plats. It
is specifically understood that the original Phase I
of the development located west of FM Highway 115 is
excluded from the covenant and the lots within Phase
I are not considered as subject to the Covenants established
herein or which may otherwise be established by the
Association.
1.05 “Lot”
shall mean and refer to that portion of any of the plots
of land shown upon the plat of the Development as now
recorded n the Map and Plat Records of Franklin County,
Texas.
1.06 “The
Covenants” shall mean and refer to this
Restated Declaration of Covenants, Conditions, Reservations,
and Restrictions pertaining to King’s Country
Development.
1.07 Enforcement of the Covenants shall
be by proceeding at law or in equity against any person
or persons violating or attempting to violate any of
the Covenants either to restrain violation or to recover
damages, and against the land to enforce any lien created
by these articles; and failure or delay by the Association,
it’s successors or assigns, or any owner, to enforce
any of the Covenants shall in no event be deemed a waiver
of their right to do so thereafter.
1.08 No right of
action shall accrue, nor shall any action be brought
or maintained by anyone whatsoever, against the Association
for, or on account of, its failure to bring any action
on account of any breach of the Covenants, or for imposing
restrictions herein which may be unenforceable by the
Association.
Responsibility
to Enforce |
1.09 Notwithstanding
the forgoing it shall be the responsibility of the Board
to address in a timely manner any violation of the Covenants
which may be brought to its attention and to make every
reasonable attempt to resolve any issues which prevents
the quiet enjoyment of the property Development.
1.10 In carrying
out its responsibility to enforce the Covenants the
Board may from time to time make, change and /or rescind
specific rules and regulations for the orderly administration
of the Covenants.
Article
Two
Lot Usage Restrictions
Residential Use
Only
|
2.01 Each and every
lot in the Development is for residential use only.
Only residences may be erected, altered, placed or be
permitted to remain on any lot. Lots shall not be used
for garage sales, wholesale or retail business establishments,
or for any commercial purpose. Any gainful employment
or professional use of a lot or residence that violate
the quiet enjoyment of any other property in the Development
is prohibited. No soil or tress shall be removed for
any commercial use. Removal of live tress shall be limited
to the extent necessary for clearing the site for construction;
additional tree removal must be approved by the Architectural
Control Committee.
2.02 Rental of
any house and lot for a period of six or more months
shall not be deemed a commercial usage. Short term rental
(i.e., weekend or periods of less than six months) shall
not be permitted. In any event, no use shall be permitted
which would violate the quiet enjoyment of other property
within the Development.
2.03 The Association
may dedicate one or more lots for park use, common use,
or other uses for the general benefit of the owners
in the Development. The Association makes no representation
for responsibility to furnish any recreational amenities.
2.04 Nothing contained
herein shall be construed to prohibit the construction
of private recreational facilities or similar man-made
edifices which do not detract from the natural topography
and landscaping thereof and which are approved by the
Architectural Control Committee.
Subdivision
and Platting of Property |
2.05 No subdivision,
re-subdivision, platting, or re-platting of any lot
or combination of lots shall be permitted without prior
approval from the board.
Transfer,
Rental or Leasing of Residences |
2.06 If an owner
elects to sell, transfer or rent a residence on a lot
or lots in the Development, it will always be with the
understanding that such a sale, transfer or rental will
in no way abrogate his responsibility herein defined,
and that any tenant-in-possession will abide by the
Covenants exactly as though he were the owner.
2.07 Each owner
shall bear the expense of paying ad valorem taxes as
they are assessed by the taxing jurisdiction on his
property in the Development.
Article
Three
Architectural Control
Architectural
Control Committee
|
3.01 The Board shall
appoint an Architectural Control Committee. The board
will determine the term and the number of committee
members will appoint the individual members and will
appoint the chairman of the committee. The Architectural
Control Committee shall review and either approve or
reject all plans and specifications submitted to the
committee in accordance with the charge contained in
section 3.02. The Board may also implement and adopt
a permit fee structure for all construction or other
applications submitted for approval to the Architectural
Control Committee.
3.02 No residence,
building, fence, wall or other structure shall be commenced,
erected or maintained on any lot, nor shall any exterior
addition to or change or alteration thereof be made,
until the details, construction plans, front elevation,
and specifications showing the nature, kind, shape,
height, materials, color and location of the same shall
have been submitted to, and approved in writing as to
materials, harmony of external design and location in
relation to surrounding structures and topography, by
the Architectural Control Committee of the Association.
3.03 A building
permit fee may be assessed by the Board. The fee is
subject to change at the discretion of the Board and
it shall be used to defray extra costs of maintaining
roads in the Development during construction when heavy
equipment will enter upon and travel on the roads to
deliver equipment to construction sites.
Water
District Rules and Permits |
3.04 Additionally,
all construction must comply with rules and regulations
of the Franklin County Water District and any owner
shall obtain necessary permits as may be required by
the Franklin County Water District.
3.05 Decisions
of the Architectural Control Committee may be appealed
to the Board by any owner. The Board shall hear the
appeal and give a timely ruling. The Boards’ decision
shall be final.
3.06 The Architectural
Control Committee shall have authority to review exterior
styling of residences and siting of structures. Special
emphasis shall be made to insure that said styling shall
be compatible with the rustic, wooded setting of the
Development. The interior of residences shall be left
entirely to the discretions of the owner. Any house
built within the development shall have a minimum of
twelve hundred (1,200) square feet of living space.
Approval of architectural styling shall not be arbitrarily
withheld; it is recognized that there is a great diversity
of architectural styles within the Development.
3.07 No precedent
of any prior architectural decision shall be valid evidence
to affect any subsequent decision, nor shall any prior
decision serve to bind the Architectural Control Committee
as to subsequent decisions.
3.08 The roof of
each private dwelling house, boathouse or garage erected
upon any lot shall be constructed of wood, shingles,
cedar shakes, sheet metal or composite shingles as may
be approved by the Architectural Control Committee.
Fences up to four (4) feet high may be erected. Fences
proposed to exceed four (4) feet in height must be approved
by the Architectural Control Committee.
3.09 No free standing
building including, but not limited to, trailers, tents,
shacks, garages, barns, tool sheds, boat houses, or
other outbuildings shall be permitted without approval
from the Architectural Control Committee.
House
Trailers and the Like |
3.10 No house trailer,
mobile home, camper, recreational vehicle (RV), or similar
vehicle shall be used as a temporary or permanent residence
within the Development. Manufactured housing units are
not permitted within the Development.
3.11 Facilities
used in connection with any construction operations
shall be subject to the approval of the Architectural
Control Committee. The Owner is responsible for: keeping
job site in a clean and orderly manner; daily removal
of trash and construction debris from the job site;
provision of adequate toilet facilities at the job site.
Open fires at the job site are prohibited.
3.12 Construction,
once begun, must be continuous. Failure to complete
exterior construction in a timely manner, as defined
by the Architectural Control Committee, shall be considered
a violation of the Covenants.
3.13 Temporary
living arrangements on a lot during construction of
a residence or at any other time are not permitted.
Storage
of Construction Materials |
3.14 An Owner shall
have the right to use his lot or lots for temporary
storage of construction equipment and materials, provided
that such equipment and materials are for his immediate
use in construction or maintenance on his lot within
the Development and are secluded and screened from public
view.
3.15 All residences
or other permitted buildings shall be constructed (a)
a minimum of twenty-five (25) feet from the front of
any road which the building fronts; and (b) a minimum
of fifteen (15) feet from any road which is on the side
of the building or residence; and (c) a minimum of five
(5) feet from any other exterior boundary line of the
property.
3.16 All residences
shall have septic systems which comply with the rules
and regulations, and all amendments thereto, of the
Franklin County Water District, Texas Water Quality
Board, Texas State Department of Health and Texas Parks
and Wildlife Department, all of which present and future
rules and regulations are hereby incorporated by references
for all purposes.
3.17 No individual
sewage disposal system shall be permitted on any lot
unless such system is designed, located and constructed
in accordance with the requirements, standards and recommendations
of local health authorities and in conformity with the
minimum recommended standards of the Department of Health
of the State of Texas and the Franklin County Water
District. Approval of such system as installed shall
be obtained from such authorities. All existing systems
shall be maintained and function in accordance with
all applicable state and local laws and regulations.
3.18 In the event
a public or community sewer system becomes available,
the Board shall have the power and authority to require
connection of all residences to such system and to prohibit
furtherer use of septic tank systems.
Water,
Electricity, Telephone |
3.19 Electric,
water and telephone services are provided by public
utilility companies and shall be made available for
each lot in the Development. All residences shall be
connected with water and electric services. Each owner
shall bear the expense of paying any deposits, cooperative
membership fees or other hook-up fees, installation
charges or assessments incurred or required in obtaining
water, electric and telephone service for his own use.
3.20 The Association
makes no representation and there shall be no provision
for natural gas or liquefied petroleum gas (LPG) service
in the Development. Individual service for LPG is permitted
and maybe obtained through tank storage but no gas transmission
lines are permitted in the Development.
3.21 Roads shall
be provided and maintained by the Association to afford
access to the exterior boundaries of each lot in the
Development.
3.22 There is reserved
for the use of the Association to facilitate the orderly
placement of utility services within the Development,
and for the use of all Owners within the Development,
a ten (10) feet wide easement along the front roadside
of each lot and a five (5) feet wide easement along
the exterior boundary lines of each lot in the Development
(such easement being ten (10) feet wide on the front
and five (5) feet wide on the exterior boundary lines
of each lot and being within the boundary of each lot)
for the installation, operation and maintenance of utilities
and drainage facilities. No permanent structure or other
improvement shall be placed so as to interfere with
the placement of utility services with in the easement
area.
3.23 Free standing
outside antennae or dish antennae of any type shall
not be installed on any lot in the Development unless
approved by the Architectural Control Committee or other
such committee as the Board may appoint to oversee these
matters.
3.24 All driveway
locations shall be approved by the Architectural Control
Committee. Owners shall provide and install steel or
concrete culverts of a minimum diameter of eight (8)
inches in any road drainage ditch where a driveway access
to a lot is located, and shall keep said culvert open
and clear of dirt, debris and vegetation.
3.25 No billboards,
signboard, or advertising displays of any kind shall
be installed, maintained or permitted to remain on any
lot, except that one sign containing not more than four
(4) square feet of surface area may be displayed in
connection with the sale of any lot with a dwelling
thereon or a lakefront lot with or without a dwelling
thereon. No signage shall be allowed on lots without
dwellings. The Association reserves for itself, its
successors and assigns, the right to place advertising
displays of any size and kind in any area owned by the
Association. The Association may provide common signage
for advertising of lot by owners.
3.26 Any address
sign or directional sign must be approved by the Architectural
Control Committee prior to installation.
Architectural
Control Committee Response |
3.27 The Architectural
Control Committee is obligated to respond to all reasonable
requests and to act or render a decision on matters
under its jurisdiction in a timely manner. Should the
committee fail to act within thirty (30) days after
receipt of a request and pertinent plans and specifications,
the request may be submitted to the Board and the Board
shall render a decision within thirty (30) days of such
submission.
| Article
Four
Nuisances, Maintenance, Vehicles, Animals
Nuisances |
4.01 No noxious
or offensive activity, including excessively loud music,
shall be carried on upon any lot, nor shall anything
be done thereon or any condition permitted to exist
thereon which may be or become an annoyance, nuisance
or hazard to the health of the neighborhood. No activity
shall be permitted which violates the quiet enjoyment
of the community.
4.02 No vehicle,
including specifically motorcycles, motorbikes, motor
scooters, mini-bikes, mopeds without proper and approved
mufflers and flame arresters, will be permitted in,
on or about the Development. Operation of off-the-road,
untagged and unlicensed vehicles shall be allowed only
in compliance with state law as to both the operator
and as to the owner of the vehicle. Loud and offensive
noises, including those made by such vehicles, are declared
to be an annoyance, nuisance and hazard to the health
and well being of the neighborhood and are expressly
forbidden.
4.03 Unused automobiles
or other vehicles without a current state registration
shall not be stored or parked on any lot or roadside.
Streets are not to be used for private parking of vehicles
except for visitors.
4.04 No trucks
or commercial type of vehicle shall be stored or parked
on any lot nor parked on any residential street or road
except while engaged in delivery to or transport from
a residence. For the purpose of this Covenant, a ¾
ton or smaller vehicle (commonly known as a pick-up
truck) shall not be deemed to be a commercial vehicle
or truck. No vehicle of any size which normally transports
flammable or explosive cargo may be kept in the Development
at any time.
Sanitation
and Unsightly Appearance |
4.05 All lots shall
be kept clean and free of trash, rubbish, garbage, debris
and other unsightly objects or materials at all times.
Trash, garbage or other wastes shall be disposed of
in a sanitary manner and all containers or other equipment
for the storage or disposal of garbage and trash shall
be kept in a clean, sanitary condition. In the event
of violation of this regulation the Board may send written
notice of the violation to the Owner and the Owner will
have fifteen (15) days from the date of mailing of such
notice to bring the lot into compliance. If the Owner
fails to do so, the Board shall have the right to direct
entry upon any lot for the removal of weeds, refuse
piles or other unsightly objects or materials and to
bring the lot into compliance with the Covenants at
the expense of the Owner, and any such entry shall not
be deemed as trespass.
4.06 No lot shall
be used for the purpose of keeping, breeding or raising
animals or as a place for keeping horses, mules, cattle
or other animals or poultry; provided, however, that
Owners customary domestic or household pets. No commercial
cat or dog kennel shall be permitted. Pets must be confined
to the Owner’s premises or on a leash. No pets
shall be permitted to run at large.
The Board may assess
fines pursuant to state law against Owners who allow
pet animals to run at large and may engage professional
animal control organizations to capture and remove such
animals at the expense of the Owner.
Horseback riding
is not permitted within the Development.
4.07 Unattended
fires are strictly prohibited at all times and from
time to time the Board and/or Franklin County authorities
will prohibit all outdoor burning.
4.08 Hunting is
prohibited in the Development. (except for big snakes
and lawn eating armadillos!)
| Article
Five
Assessments, Non-Payment, Liens, Foreclosure
Assessments |
5.01 Each Owner,
by acceptance of a deed, assignment or lease on a lot
or lots in the Development, from either the Association
or any subsequent or previous Owner, lessee or sub-lessee,
shall be deemed to covenant and agree to pay assessments
or charges for the purposes set out herein, with such
assessments to be fixed, established and collected as
provided herein or as the Board may from time to time
deem best. The assessments, together with any interest
thereon and any cost of collection thereof as herein
provided, shall be a charge on the land and shall be
a continuing lien upon the property against which each
assessment is made. Each assessment, together with any
interest thereon, costs of collection thereof and reasonable
attorney’s fees shall also be the personal obligation
of the person who was the Owner of the property at the
time the assessment fell due.
5.02 The Association
shall reasonably maintain all roads in the Development.
The Association reserves the right to assess the cost
of road construction, repair and maintenance against
all owners on a proportionate charge based on the total
lots within the Development. The Board may increase
or decrease the road assessment from time to time and
shall send written notice of changes to every Owner.
Operation
and Maintenance Assessments |
5.03 The Association
will operate the Development and maintain the common
areas within the Development and will pay all expenses
and salaries incurred in such operation and maintenance.
The Association reserves the right to assess operation
and maintenance costs against all Owners on a proportionate
charge based on the total lots within the Development.
The Board may increase or decrease the operation and
maintenance assessment from time to time and shall send
written notice of changes to every Owner.
Commencement
of Assessment |
5.04 Assessments
shall begin with the first day of the month following
execution of a deed, Assignment or other instrument
conveying rights to a lot. The amount of the assessment
will be set by the Board.
5.05 The Association
acknowledges that variances exist because of prior uses
and representation regarding the sales of lots within
the Development. The Board may appoint a Variance Committee
to equitably and fairly assess fees to multiple lot
owners.
5.06 The assessments
provided for herein shall become automatically due and
payable on the 1st day of each month after the commencement
date, unless the Board elects to bill assessments quarterly
or a longer period.
5.07 The Board
shall cause to be maintained a roster of the lots and
assessments applicable thereto, which shall be open
to inspection by any Owner.
5.08 The Board
shall cause to be prepared and presented to the Association
at its annual meeting a statement of receipts of assessment
funds and application of those funds for the previous
fiscal year.
5.09 If the assessments
are not paid by the date due, then the assessments are
delinquent and shall bear interest at the rate of eighteen
per cent (18%) per year or at the highest lawful rate
whichever is higher, and together with the interest
thereon and cost of collection thereof shall become
a continuing lien on the property which shall bind such
property in the hands of the then Owner and his heirs,
devisees, personal representatives and assigns.
5.10 If delinquent
assessments are not paid within ten (10) days the Association
may bring an action at law against the Owner personally
obligated to pay or to foreclose the lien against the
property, and there shall be added to the amount of
the assessment and interest the cost of preparing and
filing the complaint in such action, and in the event
a judgment is obtained a reasonable attorney’s
fee to be fixed by the court, together with costs of
the action. No Owner may waive or otherwise escape liability
for the assessments by non-usage of the facilities or
abandonment of his property.
Subordination
of the Lien to Mortgages |
5.11 The lien of
the assessments provided for herein shall be subordinate
to the lien of any mortgage or mortgages now or hereafter
placed upon the properties subject to assessments, provided,
however, that such subordination shall apply only to
the assessments which have become due and payable prior
to a sale or transfer of such property pursuant to a
decree of foreclosure. Such a sale or transfer shall
not relieve such property from liability for any assessments
thereafter becoming due nor from the lien of any such
subsequent assessment.
| Article
Six
Water District Regulations-Severability-Execution
Rules
of Franklin County Water District |
6.01 All rules of
Franklin County Water District (or it’s successor)
shall prevail. As original Lessor, its rules and regulations
shall be enforced as if they were a part of the Covenants
and each Owner, lessee and sub-lessee of lots in the
Development shall make himself aware of those rules
and remain current as to changes. An annual rental fee
shall be due in advance to Franklin County Water District
each year.
The lots within
the Development which lie within the leasehold estate
leased from the Franklin County Water District shall
be subject to the terms of this Article 6.01 of the
Covenants.
6.02 Invalidation of any one of the Covenants
by judgment or court order or by conflict with Franklin
County Water District rules and regulations shall in
no way affect the other provisions which shall remain
in full force and effect. In the event any of the provisions
hereunder are declared void by a court of competent
jurisdiction by reason of a period of time herein stated
for which the same shall be in effective, then in that
event, such term shall be reduced to a period of time
which shall not violate the rule against perpetuities
as set forth under the laws of the state of Texas. |