Protective Covenants

 

BILL OF ASSURANCES AND PROTECTIVE COVENANTS FOR PARKVIEW ADDITION, PHASE 1, 

IN THE COUNTY OF SEQUOYAH, STATE OF OKLAHOMA

                   KNOW ALL MEN BY THESE PRESENTS:

                   That Parkview Addition, L.L.C., an Oklahoma Limited Liability Company, being the owner and developer of the following described property located in Sequoyah County, Oklahoma, to-wit:  SEE EXHIBIT 1, WHICH IS ATTACHED HERETO AND MADE A PART HEREOF.

said property having been duly platted as a part of Parkview Addition, Sequoyah County, Oklahoma and commonly referred to as Parkview, all tracts referred collectively as the “Property” said covenants for the purpose of keeping said Property desirable, uniform and suitable in architectural design and use as herein specified, and to provide for the orderly development of the property, does hereby make the following limitations, restrictions and uses on the Tracts (the “Covenants”).

   And the said Parkview Addition, L.L.C., an Oklahoma Limited Liability Company, as owner and developer of the Property, does hereby state that these declarations shall establish covenants running with the land for the period of time hereinafter set forth, as provided by law and shall be binding upon all purchasers and owners of the Tracts and upon such owner’s heirs, personal representatives, successors and assigns, and upon all persons claiming under them.

   It shall be lawful for the Parkview Property Owners Association (hereinafter referred to as the “Association” and more particularly defined herein) or for any other person or persons owning real property situated in the Subdivision to initiate any proceedings at law or in equity against parties or persons violating or attempting to violate any of these Covenants and to recover damages for such violations.  Any rights reserved hereunder to the Developer may also be exercised by owner of invalidation of any one of these Covenants by a court order shall not invalidate any of the other provisions which shall remain in full force and effect.

   DEFINITIONS.

   The following words, when used in these Covenants or any amendments or supplements thereto (unless the context shall otherwise clearly indicate or prohibit), shall have the respective concepts and meanings set forth below.

   “Addition” or “Subdivision” shall mean and refer to the property described in Exhibit “1" and as reflected on the conceptual plan set out on Exhibit “5" and any additions thereto.

   “Association” shall mean and refer to “Parkview Property Owners Association” Association elected in accordance with the provisions of the articles of incorporation and by-laws of the Association.

   “Common Properties” Shall mean and refer to any and all areas of land together with all improvements located thereon within the Subdivision which are known, described or designated as such on any recorded subdivision plan of the Subdivision or intended for or devoted to the common use and enjoyment of the members of the Association.  The Association shall hold such title to the Common Properties as shall be consistent with the objectives envisioned herein and subject to the easement rights herein of the members to use and enjoy the Common Properties. The Developer reserves the rights to make minor redesigns or re-configurations of the Common Properties and to execute any open space declarations applicable to the Common Properties.

   “Developer” shall mean Parkview Addition, L.L.C.

   “Condominium Tracts” shall mean the Tracts numbered 1,2,3,4,5, and 6.  

   “Condo Units” shall be defined as a residential four (4) to six (6) family building designed for and/or occupied by and equal number of family residential homes, Only one dwelling is allowed per lot on the single family lots.

   “Single Family Tracts shall mean the Tracts Numbereed 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, and 39 which are dedicated for single family residential homes. Only one dwelling is allowed per lot on the single family lots.

   “Member” or “members” shall mean and refer to each owner or owners of a Tract.

   “Owner’ or “owners” shall mean and refer to each and every person or business entity who or which is a record owner or subsequently becomes a record owner of any Tract or condo unit in the subdivision.

   1. Membership and Voting Rights in the Association.

   A. Membership. Every owner of a Tract or Condo Unit shall automatically be a member of the Association.

   B. Voting Rights. The Association shall have two (2) classes of members for the purposes of voting.  Owners shall be entitled to one (1) vote for each Tract or Condominium owned.

Developer shall be entitled to two (2) votes for each Tract owned.

   C. Quorum, Notice, and Voting Requirements. The quorum, notice, and voting requirements of and pertaining to the Association are set fourth within the articles of incorporation and the by-laws of the Association, as the same may be amended from time to time.  Subject to the provisions of Section B above and any other provision to the contrary set out in these Covenants, any action by or on behalf of the Association may be taken with the assent given in writing and signed by members who collectively hold or control a majority of the outstanding votes of the Association.

   2. Property Rights in the Common Properties.

   A. Members’ Easements of Enjoyment. Subject to the provisions of Section C of this paragraph, every owner and each individual within an owner’s family shall have a non-exclusive right and easement of use, recreation, and enjoyment in and to the Common Properties and such easement shall be appurtenant to and shall pass with the title of each respective Tract/Unit; PROVIDED, HOWEVER, such easement shall not give such person (excluding the Developer and the Association), the right to make alterations, additions or improvements to the Common Properties.

   B. Title to the Common Properties. The Association shall hold such title to the Common Properties for an identified period of time, subject to the easement set forth in Section 1 of this Article which is necessary to accomplish the purposes and effects of these Covenants.  The Association shall have the right to design, redesign, reconfigure, alter, improve, landscape, and maintain the Common Properties.

   C. Extent of Members’ Easements. The rights and easements created hereby shall be subject to the following:

(i) The right of the Board to prescribe reasonable regulations and policies for governing, and to charge fees and/or deposits related to, the use, operation, and maintenance of the Common Properties and all Tracts.

(ii) The right of the Board on behalf of the Association to enter into and execute contracts with any party for the purpose of providing maintenance or such other materials or services consistent with the purpose of the Association and/or these Covenants.

(iii) The right of the Board to suspend the voting rights of any member and to suspend the right of any member to use or enjoy any of the Common Properties for any period during which any assessment (including without limitation “fines”) against a Tract/Unit remains unpaid, and otherwise for any period deemed reasonable by the Board for any infraction of the then existing rules and regulations.

(iv) The right of the Board on behalf of the Association to dedicate or transfer all or any part of the Common Properties to any municipal corporation, county government, political subdivision, public agency, governmental authority, or utility for such purposes and upon such conditions as may be agreed to by the Board.

   D. Developer Rights to easements. Developer reserves the right for the developer, its’ successor and assigns to use easements described herein for the several purposes of developing all other property now owned or hereafter acquired by developer, its’ successor or assigns.

   3. Covenants for Assessments.

   A. Creation of the Lien and Personal Obligations of Assessments. The Developer, for each Tract/Unit owned by it within the Subdivision, hereby covenants and agrees, and each Owner of any Tract/Unit, by acceptance of a deed therefore whether from the Developer or some subsequent grantor, whether or not it shall be so expressed in any such deed or other conveyance, shall be deemed to covenant and agreement (and such covenant and agreement shall be deemed to constitute a portion of the purchase money and consideration for acquisition of the Tract/Unit), to pay to the Association the following:

(i) Regular assessments or changes for maintenance, taxes and insurance on the Common Properties;

(ii) Special groups assessments for capital improvements or unusual or emergency matters, such assessments to be fixed, established and collected from time to time as hereinafter provided;

(iii) Special individual assessments which might be levied against individual Tract owners to reimburse the Association for extra costs for maintenance and repairs caused by the willful or negligent acts of the individual owner, his family, guest, or invitees, and not caused by ordinary wear and tear; and

(iv) Individual assessments which might be levied against individual Tract/Unit owners for violation of rules and regulations pertaining to the Association and/or the Common Properties.

   The regular, special group, and special individual assessments, together with such late charges, interest and costs of collection thereof as hereinafter provided, shall be a charge on the land and shall be a continuing lien upon each Tract/Unit against which each such assessment is made.

   Notwithstanding the above, the Developer shall not be required to pay of the association dues, assessments or other changes set forth herein until ninety (90%) percent of all Tracts in the Subdivision have been sold.

   B. Purpose of Assessments. The assessments levied by the Board on behalf of the Association shall be used for the purpose of enhancing the natural environment, appearance and beauty of the Subdivision, promoting the health, recreation, safety, and general welfare of the Residents, and for maintaining the roads and common areas as designated in Exhibits 2, and 4.

   C. Basis and Amounts of Regular Maintenance Assessments

   (i) The regular base assessments shall be determined by the Board. Assessments shall apply to all Tracts, and/or Condominium units.

   (ii) The Board shall give notice to all members at least thirty (30) days in advance of the date all regular or special assessments are due. The Board may prescribe from time to time that the regular base assessments are to be collected on an annual, semi-annual, quarterly, or monthly basis, and the Board shall prescribe the appropriate due dates.  All regular base assessments shall be collected in advance.  The due date or dates (if it is to be paid in installments) of any other assessments or special assessment shall be fixed in the respective resolution authorizing such assessment.

   D. Special group Assessments. In addition to the regular assessments authorized by Section 3, the Board may levy in any fiscal year a special assessment, applicable to that year only, for the purpose of defraying, in whole or in part, the cost of any construction or reconstruction, unexpected repair or replacement of a described capital improvement upon the Common Properties.

   E. Rate of Assessments. Except as noted herein, regular and special group assessments shall be fixed at a uniform rate for all Tracts and Condominium units owned by members, unless otherwise approved by the Board.  The failure to pay the assessment by the owner of a Tract/Unit shall constitute a lien against the Tract/Unit and the Association may pursue any remedy available to it at law or in equity to collect such lien including initiation of a foreclosure suit in a court of competent jurisdiction.

   F. Effect of Non-Payment of Assessment; the Personal Obligation of the Owner: the Lien: and Remedies of Association.

   (i) If any assessment or fines or any part thereof is not paid on the date(s) when due, then the unpaid amount of such assessment shall be considered delinquent and shall, together with any late charge and interest thereon at the maximum rate allowed under applicable law and costs of collection thereof, thereupon become a continuing debt secured by a self-executing lien on the Tract/Unit of the non-paying owner which shall bind such Track/Unit in the hands of the owner and owner’s heirs, executors, administrators, devisees, personal representatives, successors, and assigns. The Board shall have the right to reject partial payment of an unpaid assessment and demand the full payment thereof. The lien for unpaid assessments shall be unaffected by any sale or assignment of a Tract/Unit and shall continue in full force and effect. No owner may waive or otherwise escape liability for any assessment provided herein by non-use of the Common Properties or abandonment of the Tract/unit;

   (ii) The Board may also give written notification to the holder(s) of a mortgage on a Tract/Unit of a non-paying Owner of such owner’s default in paying any assessment when such default has not been cured within thirty (30) days of the original date due, provided that the Board has, theretofore, been furnished in writing with the correct name and address of the holder(s) of such mortgage and a request to receive such notification; and

   (iii) The Board may, at its election, retain the services of an attorney to review, monitor, collect, and file suit to foreclose on a lien for unpaid assessments and delinquent accounts, and there shall also be added to the amount of any unpaid assessment or to any delinquent account any and all attorneys’ fees and other costs of collection incurred by the Association.

   G. Subordiation of the Lien to Mortgages. The lien of the assessments provided for herein shall be subordinate and inferior to the lien of any bonafide first mortgage or deed of trust now or hereafter placed upon any Tract/Unit subject to assessment.

   4. General Powers and Duties for the Board of Directors of the Association.

   A. Power and Duties. The affairs of the Association shall be conducted by its Board of Directors (sometimes referred to as the “Board”).

(i) The Board, for the benefit of the Association, the Subdivision, and the owners, may provide and may pay for, out of the assessment fund(s) pro vided for in Article IV above, any or all of the following:

   (a) Care, preservation and maintenance of the Common Properties and the furnishing and upkeep of any desked personal property and fixtures for use in or on the Common Properties;

      (b) Private trash and garbage collection service, if determined necessary by the Board;

   (c) Taxes, insurance, and utilities (including, without limitation, electricity, gas, water, and sewer charges), if any, which pertain to the Common Properties only;

   (d) The services of any person or firm (including the Developer and any affiliates of the Developer) to manage the Association or any separate portion thereof, to the extent deemed advisable by the Board, and the services of such other personnel as the Board shall determine to be necessary or proper for the operation of the Association, whether such personnel are employed directly by the Board or by a manager hired by the Board;

   (e) Legal and accounting services; and

   (f) Any other materials, supplies, equipment, labor services, maintenance, repairs, structural alterations, taxes or assessments which the Board is required to obtain or pay for pursuant to the terms of these Covenants or which in its opinion shall be necessary or proper for the operation or protection of the Association and the Subdivision of for the enforcement of these Covenants.

   (ii) The Board shall have the following additional rights, powers and duties:

(a) To execute all declarations of ownership for tax assessment purposes with regard to any of the Common Properties owned by the Association;

(b) To enter into contracts, maintain one or more bank accounts and, generally, to have all the powers necessary or incidental to the operation and management of the Association; and

(c) To make responsible rules and regulations for the operation of the Common Properties and to amend the Covenants from time to time; provided, however, no portion of paragraph 6 (Use and Division of Tracts) of these Covenants may be amended unless not less than two-thirds (2/3) of all Owners who occupy dwellings in the Subdivision approve the proposed amendment(s).

   B. Maintenance Contracts.  The Board shall have full power and authority to contract with any Owner (including, without limitations, the Developer) for performance, on behalf of the Association, of services which the Association is otherwise required to perform pursuant to the terms hereof, such contracts to be upon such terms and conditions and or such consideration as the Board may deem proper, advisable, and in the best interests of the Association.

   C. Liability Limitations.  Neither any member or owner nor the directors and officers of the Association shall be personally liable for the debts contracted for or otherwise incurred by the Association for any torts committed by or on behalf of the Association or otherwise. Neither the Developer, the Association, its directors, officers, agents, or employees shall be liable for any incidental or consequential damages for failure to inspect any premises, improvements or portion therefore, or for failure to repair or maintain the same.

   D. Reserve Funds.  The Board may establish reserve funds which may be maintained and accounted for separately from other funds maintained for annual operating expenses.

   5. Use and Division of Tracts   

   A.  The undersigned does hereby dedicate for use by the owners of the Tracts/Units the private drives and utility easements described on Exhibit “2" attached hereto and made part hereof. The undersigned further dedicates to the public use the easements and rights of way described on Exhibit “3" attached hereto and made part hereof for the several purposes of constructing, maintaining, operating, repairing, replacing and servicing all private, public or quasi-public utilities, together with the right of ingress and egress for such purposes as aforesaid being reserved to the undersigned, and to the employees, agents designees of any public or quasi-public utility providing service to the tracts of this phase and also to subsequent phases. Within said easements no structure, planting or other material shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities.  The owners/s of each Tract shall be responsible for maintaining all improvements within the boundaries of said tract, except for those improvements for those improvements to which a utility company is responsible.

   B. Supply lines for all private, public or quasi-public utilities shall be located in the easement ways reserved for general utility service as shown described on each Tracts and the private drive and utility easement attached hereto, but the electrical lines running over the property shall remain above ground. Service lines to all houses located on any tract shall be underground, and shall run from the nearest source of each utility within the easement to the point of use as determined by the location and construction of such house as the same may be upon a Tract.  The supplier of each and every private, public, or quasi-public utility shall hereafter be deemed to have a definite permanent, effective and exclusive easement five feet in width, extending from the source of said utility within the easement to the point of use at each house or otherwise structure. The center line of said utility within the easement to the point of use at each house or otherwise structure. The center line of said five foot strip being represented by the service line as installed.  The supplier of each utility, through its proper agents employees, shall at all times have the right to access to said easement or easement as, as shown on each Tract or as provided for in this Deed of Dedication. The easement is granted for the purpose of installing, maintaining, removing or replacing any portion of the above ground or below ground utilities.  The owner/s of each Lot shall not allow any activity of said Tract including construction or alteration of grade, which may interfere with the operation of any utility line and appurtenances hereto.  Repairs or cost of relocation occurring as a result of such activities shall be paid by the owner/s of said Tracts. No service line shall be installed under concrete or asphalt surface. Shrubbery shall not be placed as to interfere with the reading of, or the normal maintenance of, any utility meter.

   C. All homes and outbuildings of any kind shall be pre-approved by the Developer or P.O.A. prior to construction. Submission of one full set of architectural plans,. Including at least two exterior elevations, a list of exterior veneers and materials to be used and a drawing showing the “footprint” or placement  onto the Tract must be sent to P.O. Box 10210, Ft. Smith, AR 72917 or to the address of the then designated P.O.A..  The floor area of the main residential structure on a Tract, not including open porches or garages, shall be not less than 1,750 square feet for the Tracts numbered 7,  8, 9, 10, 11, 12, 13, 14, 15, 21, 22, 23, 24, 25, 26, 27, 34,3 5, 36, 37, 38 and 39. And 2,150 square feet for the Tracts numbered 16,17,18, 19,20,28,29,30,31,32, and 33. Residents shall be of conventional construction and meet state building code compliance. Only Tracts numbered 1,2,3,4,5, and 6 shall

   D. Each residence shall be constructed on a permanent foundation made of either concrete or cinder block. The concrete or block foundation may not be exposed and shall be covered by rock or other approved veneer.

   E. Each dwelling or other structure located on a Tract shall be covered by a roof of wood shake, metal, or asphalt shingles with natural colors used to blend with scenery and having a minimum of an 8/12 slope over the main living area. All homes shall be covered on the outside by masonite, wood, rock concrete siding, or other pre-approved material.  All residences constructed on a Tract shall have a private garage to accommodate at least two (2) automobiles. Any detached structure to be built on a Tract shall conform to the same style and design and of the same building materials as the residence. All yards shall be maintained in such a manner as to enhance the appearance of the Property. All debris, trash, dead trees and plants, or otherwise obnoxious materials must be removed in a timely manner.

   F. Each residence shall have a driveway and provide for off -street parking of vehicles. All driveways servicing residential dwellings, garages and/or out buildings on any Tract shall be composed of poured concrete.   

   G. No fences greater than five (5) feet shall be around any residence. All fences must be approved by the developer prior to construction, it being the intent to prevent the obstructing of view for adjacent and neighboring property owners. Additionally, any materials to be used must be of such material as to blend wit the natural landscape, ie; stone and wood of natural color.

   H.  No outbuilding, tent, shack, garage, barn or any vehicle may be used on any Tract as a living quarters, either permanently or temporarily. No structure of any temporary character shall be permitted on any lot, except one construction trailer during the period of construction, not to exceed 1 (one) year.  No vehicle that has been inoperative for a period of more than three days shall be stored on any tract. The parking or storage of unused or unlicensed motor vehicles is prohibited on any Tract. 

   I. No obnoxious or offensive trade or activity shall be carried on or upon any Tract subject to these restrictions, nor shall anything be done thereon that may be or may become an annoyance or nuisance to the Property or any owners of another Tract. No future mineral development of any kind shall be permitted affecting the surface of a Tract covered by these restrictions. No animals, livestock or poultry of any kind shall be raised, bred or kept on any Tract except that dogs, cats or other household pets may be kept provided they are not kept, bred or maintained for any commercial purposes.  All dogs, cats and other domestic animals permitted to be kept within a Tract by these restrictive covenants shall be kept and maintained in a fenced area not to exceed 5 feet in height. No animal shall be chained, tied or otherwise restrained either in the rear or front yard of a Tract. All dog houses or other animal shelters shall be kept in the rear yard of a residence. Owners shall not be permitted to have “barn” or pasture animals regardless of the number of Tracts or size of an owner’s residential site.

   J. Each Tact shall be permitted one antenna, aerial satellite dish or similar devise for the reception of television, radio or information services so long as the device is located within the building set back limits and to the rear of the main residential building and is used for non-commercial purposes only.  Each antenna, aerial satellite dish or other device shall be of a minimum elevation to permit adequate reception, not higher than the primary residence located on a Tract, and the transmitting and receiving portion shall be more than two (3) feet in diameter at its widest point and not visible from the front of the residential structure.

   K. In the event that any Tract is sold and no structure is immediately erected, the owner or owners of such Tract or Tracts shall keep said property mowed and in a neat sanitary condition.

   L. No sign of any kind shall be displayed to the public view on any Tract, except one professional sign advertising the property for sale, resale or rental, or signs used by a builder or agent to advertise the property during the construction and sale of a dwelling thereon.  In no event shall any such sign stand more than seven (7) feet above ground level nor be more that five(5) square feet in size nor be lighted at night.

   M. No owner shall be allowed to conduct any business or commercial activity or enterprise upon any Tract. No commercial type buildings shall be constructed on any Tract.

   N. No Tract nor any portion thereof may be split to create any additional Tract or Tracts.

   O. Landscaping

      1. Tree removal or planting must be approved by the Developer and/or P.O.A. prior to  ny work being done, it being the intent to insure and protect the natural view and appearance of the development.

      2.  Pine trees and other high growing varieties will not be allowed to be planted in any area where their future growth may interfere with the view of another property.

      3. All landscaped area must be maintained in an orderly manner.  Weeds and/or any dead plants must be removed in a timely manner.

      4. All yards must be sodded, except for areas of natural/native cover “Wooded Areas”.

   P.  Recreational vehicles, including boats, motorcycles trailers, etc. may not be stored on any lot except for those vehicles that can be placed inside the main garage of a dwelling.  No “motor homes” of any size maybe kept either temporarily or permanently on any property within the development.

   6.  These covenants shall run with the land, and shall be binding on all parties and all persons claiming under them for a period of twenty-five (25) years from the date of this instrument is recorded, after which time, said covenants shall be automatically extended for successive periods of ten (10) years unless an instrument signed by a majority of the then owners identified herein has been recorded, agreeing to change said covenants in whole or part.

   7. If any provision of the Bill of Assurances or any section, clause, phrase, word or the application thereof in any circumstances is held to invalid, the validity of the reminder of this Bill of Assurance and of the application of the remaining provision shall be affected thereby.

   8. Any assent, express or implied, by any party subject to these covenants to any breach of any covenant herein contained, shall operate as such only in the subject instance and shall not be construed as an assent of waiver of any such covenant or agreement generally or any subsequent breach thereof.

   9.  If any party hereto, or their heirs, successors or assigns, or the owner of any Tract/unit covered by this Bill of Assurances, shall violate, or attempt to violate, any of the covenants herein, it shall be lawful for any other person, or persons, owning any real property identified herein to prosecute any proceeding at law or in equity against the person or persons violating or attempting to violate any such covenant or covenants and either to restrain him, her or them from so doing or to recover damages for such violations. In the event any suit is brought to enforce these covenants, the prevailing party in such suit shall be entitled to recover costs of any such suit, including reasonable attorneys fees.

   IN WITNESS WHEREOF, Preview Addition, L.L.C., an Oklahoma Limited Liability Company, has  caused these presents to be duly executed by the undersigned, being a majority of the members of the company, in accordance with the Operating Agreement of said Company, this 28th day of September, 2006     

 
 
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