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HomeMy WebLinkAboutBylaws & Covenants 09-24-2019Return To: SecurityTitleCompany P.O.Box 6550 Bozeman,MT $9771450 &ST>azof t Ase-owwedcaba The Watson Companies Attn:Shawn Holm 963 SW Simpson,Suite110 2399078Page:1 of 82 10/141201111:05.14AM Fee:$574.00Bend,Oregon 97702 chariotsmist.-callatincounty,NT misc AMENDED AND RESTATED DECLARATION OF PROTECTIVE COVENANTS, CONDITIONS AND RESTRICTIONS FOR NORTON RANCH Norton Properties,LLC and Norton Ranch Homes,LLC TABLE OF CONTENTS Page AR T ICLE 1 -DE F INIT IONS ........................................................................................................2 1.1 "AdditionalProperty"..............................................................................................2 1.2 "Alleys"....................................................................................................................2 1.3 "Annual Assessments".............................................................................................2 1.4 "ARC"......................................................................................................................2 1.5 "Association"...........................................................................................................2 1.6 "Base Assessments".................................................................................................2 1.7 "Board"....................................................................................................................2 1.8 "Builder"..................................................................................................................2 1.9 "Bylaws"..................................................................................................................3 1.10 "City".......................................................................................................................3 1.11 "Common Areas".....................................................................................................3 1.12 "Common Maintenance Areas"...............................................................................3 1.13 "Conversion Date"...................................................................................................3 1.14 "Declarant"..............................................................................................................3 1.15 "Design &ConstructionGuidelines".......................................................................3 1.16 "Directors"...............................................................................................................4 1.17 "FutureDevelopment Lot"......................................................................................4 1.18 "Governing Documents"..........................................................................................4 1.19 "Improvement"........................................................................................................4 1.20 "Lot"........................................................................................................................4 1.21 "Mortgagee"and "FirstMortgagee"........................................................................4 1.22 "Owner"...................................................................................................................4 1.23 "Parks".....................................................................................................................5 1.24 "Plat"........................................................................................................................5 1.25 "Property"................................................................................................................5 1.26 "Reserve Account Assessments".............................................................................5 1.27 "RestatedDeclaration".............................................................................................5 1.28 "Rules and Regulations"..........................................................................................5 1.29 "SpecialAssessments".............................................................................................5 1.30 "SpecificAssessments"...........................................................................................5 1.31 "Subdivision"...........................................................................................................6 1.32 "Turnover Meeting".................................................................................................6 1.33 "Unit".......................................................................................................................6 ARTICLE 2 -ASSOCIATION.......................................................................................................6 2.1 Membership .............................................................................................................6 2.2 Voting Rights...........................................................................................................6 2.3 Suspension ...............................................................................................................7 ARTICLE 3 -ASSOCIATION FINANCES ...............................................................................7 3.1 Budgeting.................................................................................................................7 3.2 Base Assessments....................................................................................................7 i-TABLE OF CONTENTS 3.3 Replacement Reserve Assessments.........................................................................8 3.4 SpecificAssessments...............................................................................................9 3.5 SpecialAssessments................................................................................................9 3.6 Reimbursement Assessments.................................................................................10 3.7 Commencement of Assessments............................................................................10 3.8 ObligationforAssessments...................................................................................11 3.9 Lien forAssessments.............................................................................................11 3.10 Interest;Late Fees;Fines.......................................................................................12 3.11 Accelerationof Assessments.................................................................................l2 3.12 Certificateof Payment...........................................................................................12 3.13 ReallocationUpon Annexation of AdditionalProperty.........................................13 3.14 ReallocationUpon Removal of a Portionof theProperty.....................................13 3.15 No Reimbursement to Declarant............................................................................13 ARTICLE 4 --EASEMENTS AND RIGHTS OF ENTRY.........................................................14 4.1 PlatEasements.......................................................................................................14 4.2 Owners'Easements in Common Areas.................................................................14 4.3 Easement of Encroachment....................................................................................14 4.4 Easements forUtilities,Etc....................................................................................14 4.5 Easements toServe AdditionalProperty...............................................................15 4.6 Easements forMaintenance,Emergency and Enforcement..................................15 4.7 Easement to Inspectand Right to Correct..............................................................15 4.8 PerimeterFence Easement.....................................................................................16 4.9 RetainingWall Easement.......................................................................................16 4.10 SpecialDeclarantEasements.................................................................................16 ARTICLE 5 --COMMON AREAS .............................................................................................17 5.1 Use of Common Areas...........................................................................................17 5.2 Alienationof Common Areas................................................................................18 5.3 Conversion of Lots to Common Areas..................................................................18 5.4 No Partition............................................................................................................18 5.5 Titleto Common Areas..........................................................................................18 5.6 Damage or DestructionBy Owner.........................................................................18 ARTICLE 6 --MAINTENANCE.................................................................................................19 6.1 Maintenance by Association..................................................................................19 6.2 Maintenance by Owner..........................................................................................19 6.3 Maintenance During Construction.........................................................................20 ARTICLE 7 -ARCHITECTURAL REVIEW .............................................................................20 7.1 ArchitecturalReview Committee..........................................................................20 7.2 Design &ConstructionGuidelines........................................................................21 7.3 Scope of Review....................................................................................................2I 7.4 Sub mis sionof Plans...............................................................................................21 7.5 Plan Review...........................................................................................................21 7.6 N on-conformingS tructures...................................................................................22 7.7 Imm unityof ARC M emb ers..................................................................................22 7.8 Limited Review......................................................................................................22 7.9 Address forNotice.................................................................................................22 ii-TABLE OF CONTENTS 7.10 Appearance and Design of Subdivision.................................................................22 7.11 DeclarantExempt;Constructionby Declarant......................................................23 7.12 Approval of BuilderPlans.....................................................................................23 ARTICLE 8 -INSURANCE AND INDEMNIFICATION.........................................................23 8.1 AssociationInsuranceCoverage............................................................................23 8.2 Owners'InsuranceCoverage.................................................................................25 8.3 Builders'InsuranceCoverage................................................................................25 8.4 Builders'Indemnification......................................................................................25 ARTICLE 9 -DAMAGE OR DESTRUCTION ...........................................................................26 9.1 Common Areas......................................................................................................26 9.2 Units.......................................................................................................................27 ARTICLE 10 -CONDEMNATION.............................................................................................27 ARTICLE 11 -USE RESTRICTIONS.........................................................................................27 11.1 ResidentialUse....................................................................................................28 11.2 No Tree Removal...................................................................................................28 11.3 No Improvements or FillMaterial.........................................................................28 11.4 Rental Restrictions.................................................................................................28 11.5 Air ConditioningUnits..........................................................................................29 11.6 Nuisances...............................................................................................................29 11.7 Temporary Structures.............................................................................................29 11.8 Signs.......................................................................................................................29 11.9 Campers,Boats,RecreationalVehicles and otherNon-Passenger Vehicles.........30 11.10 Commercial Vehicles.............................................................................................30 11.11 Disabled Vehiclesor Vehicles in Disrepair...........................................................31 11.12 Maintenance or Repair of Vehicles........................................................................31 11.13 Pets,Livestockand Poultry....................................................................................31 11.14 Garbage and Refuse Disposal................................................................................31 11.15 Detached Buildings................................................................................................31 11.16 Fences and Hedges.................................................................................................32 11.17 General Landscaping.............................................................................................32 11.18 Antennae and SatelliteDishes...............................................................................32 11.19 SolarEnergy Panels...............................................................................................33 11.20 ClothesHanging Devices.......................................................................................33 11.21 Window Treatments...............................................................................................33 11.22 Oil and Mining Operations....................................................................................33 11.23 Garages..................................................................................................................33 11.24 Setback Lines.........................................................................................................33 11.25 Athleticand RecreationalFacilities.......................................................................33 11.26 Water and Sewage Systems...................................................................................34 11.27 ExteriorHoliday Decorations................................................................................34 11.28 RetainingWalls......................................................................................................34 11.29 Household Chemicals............................................................................................34 11.30 ProhibitedPlants....................................................................................................34 11.33 Rezoning Prohibited...............................................................................................35 11.34 Lot Consolidationand Division.............................................................................35 iii-TABLE OF CONTENTS 11.35 Drainage AlterationProhibited..............................................................................35 ARTICLE 12 -SPECIAL DECLARANT AND BUILDER RIGHTS.......................................35 12.1 Development and SalesActivities.........................................................................35 12.2 Control of and Changes inDevelopment Plan.......................................................36 12.3 Right to Transferor Assign DeclarantRights........................................................36 ARTICLE 13 -ANNEXATION AND REMOVAL....................................................................36 13.1 Annexation by Declarant.......................................................................................36 13.2 Annexation by Action of Owners..........................................................................38 13.3 Removal by Declarant............................................................................................38 ARTICLE 14 --MORTGAGEES.................................................................................................39 14.1 Notice of Delinquency...........................................................................................39 14.2 Reimbursement of FirstMort gagees......................................................................39 ARTICLE 15 -AMENDMENT..................................................................................................39 15.1 General Amendments.............................................................................................39 15.2 DeclarantAmend ments..........................................................................................40 15.3 Regulatory Amendments.......................................................................................40 ARTICLE 16 -REMEDIES ........................................................................................................40 16.1 Remedies................................................................................................................40 16.2 Attorneys'Fees......................................................................................................41 ARTICLE 17 -GENERAL TERMS............................................................................................41 17.1 Term.......................................................................................................................41 17.2 Rights and Obligations...........................................................................................41 17.3 Waiver....................................................................................................................41 17.4 Severability............................................................................................................42 17.5 PersonalPronouns..................................................................................................42 17.6 Headings................................................................................................................42 17.7 Conflicts.................................................................................................................42 17.8 Security..................................................................................................................42 17.9 Termination of OriginalDeclaration.....................................................................42 iv-TABLE OF CONTENTS When Recorded,Return to: The Watson Companies Attn:Shawn Holm 963 SW Simpson,Suite110 Bend,Oregon 97702 AMENDED AND RESTATED DECLARATION OF PROTECTIVE COVENANTS,CONDITIONS AND RESTRICTIONS FOR NORTON RANCH THIS AMENDED AND RESTATED DECLARATION OF PROTECTIVE COVENANTS,CONDITIONS AND RESTRICTIONS FOR NORTON RANCH (this"Restated Declaration"),made effectiveupon itsrecordingin theOfficialRecords of GallatinCounty, Montana,isexecuted on the datehereinaftersetforthby NORTON PROPERTIES,LLC,an Oregon limitedliabilitycompany,and NORTON RANCH HOMES,LLC,an Oregon limited liabilitycompany (individuallyand collectively,the "Declarant"). WITNESSETH WHEREAS,Declarantcreateda planned residentialcommunity known as Norton Ranch (the"Subdivision")by recordingthefollowinginstruments: (a)The platofNorton East Ranch SubdivisionPhase 1,recorded on February 16, 2011,as Document Number 2382592 in theOfficialRecords of GallatinCounty, Montana;and (b)The Norton East Ranch SubdivisionPhase 1 Declarationof Covenants and Restrictions,recorded on February 16,2011,as Document Number 2382596 in the OfficialRecords of GallatinCounty,Montana (the"OriginalDeclaration"); and WHEREAS,Declarantdesiresto replacetheOriginalDeclarationwith thisRestated Declaration. NOW,THEREFORE,Declaranthereby declaresthatthe propertydescribedon attached Exhibit A (the"Propertv")shallbe held,sold,hypothecated,and conveyed subjecttothe covenants,conditions,and restrictionsdeclaredbelow,which shallbe deemed tobe covenants running with the land and imposed on and intendedtobenefitand burden each lotand other portionsof the Propertyin ordertomaintain withinthe Propertya community of high standards. Such covenants shallbe binding on allpartieshaving any right,titleor interestthereinor any 1 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch partthereof,theirrespectiveheirs,personalrepresentatives,successorsand assigns,and shall inuretothebenefitof each owner thereof. ARTICLE 1 -DEFINITIONS 1.1 "Additional Property" "AdditionalProperty"shallmean any additionalpropertyannexed totheSubdivisionand made subjectto theterms of thisRestatedDeclaration. 1.2 "Alleys" "Alleys"shallmean thestreetswithintheSubdivisiondesignedas"Alley"on the Plat. 1.3 "Annual Assessments" "Annual Assessments"shallmean Base Assessments,Reserve Account Assessments,and any SpecificAssessments which may be leviedby the Associationin each of itsfiscalyears pursuantto theterms of Article3. 1.4 "ARC" "ARC"shallmean thearchitecturalreview committee established ursuanttothe terms of Section7.1. 1.5 "Association" "Association"shallmean theNorton Ranch Community Association,a Montana nonprofitcorporation,establishedforthepurposes setforthherein. 1.6 "Base Assessments" "Base Assessments"shallmean theassessments imposed upon allLots forservices rendered or expenses incurredby theAssociationpursuanttotheterms of Section3.2. 1.7 "Board" "Board"shallmean the Board of Directorsof the Association. 1.8 "Builder" "Builder"shallmean any individualor company who purchases one or more Lots forthe purpose of constructingUnits forresaleto consumers inthe ordinarycourseof itsbusiness. 2 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 1.9 "Bylaws" "Bylaws"shallmean theBylaws of the Association,as amended from time to time.A copy of the Bylaws isattachedheretoas Exhibit B. 1.10 "City" "City"shallmean the City of Bozeman,Montana. 1.11 "Common Areas" "Common Areas"shallmean thoseportionsof the Propertyowned or leasedby the Associationforthecommon use and benefitof the Owners.The "Common Areas"includethose areasdesignatedas"open space"on the Plat,but specificallyexcludes Lots.The initialCommon Areas aredescribedon attachedExhibit C. 1.12 "Common Maintenance Areas" "Common Maintenance Areas"shallmean the Common Areas,and shallalsomean any areaswithinpublicrights-of-wayor locatedon adjacentpropertythatthe Associationisrequired to maintainpursuantto theterms of thisRestatedDeclaration,or which theBoard deems necessary,desirableor appropriateforthe Associationto maintain forthecommon benefitof the Owners,including(butnot limitedto)theParks. 1.13 "Conversion Date" "Conversion Date"shallbe the dateupon which the ClassB membership ceasesto exist and isconvertedtoClass A membership.Such dateshallbe the datewhich istheearlierof (i) thedateatwhich seventy-fivepercent(75%)of the totalLots anticipatedtobe createdwithinthe Subdivisionhave been conveyed to ClassA members;(ii)ten (10)yearsafterconveyance of the firstLot toa Class A member;or (iii)upon writtenelectionof Declarant. 1.14 "Declarant" "Declarant"shallmean Norton Properties,LLC,an Oregon limitedliabilitycompany, and Norton Ranch Homes,LLC,an Oregon limitedliabilitycompany,and theirrespective successorsand assigns,who aredesignatedas such inwritingby the applicableDeclarant,and who consent in writingto assume the dutiesand obligationsof theDeclarantwith respectto the Lots acquiredby such successoror assign. 1.15 "Design &Construction Guidelines" "Design &ConstructionGuidelines"shallmean the design and constructionguidelines adopted by theARC or Declarantpursuantto Section7.2,as amended or modified from time to time. 3 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch 1.16 "Directors" "Directors"shallmean themembers of the Board. 1.17 "Future Development Lot" "FutureDevelopment Lot"shallmean any Lot intendedtobe developed or further subdividedtoaccommodate additionalhousing products,including(butnotlimitedto) singlefamily,apartments,townhomes,condominiums and otherhousingtypespermittedby the City.The initialFutureDevelopment Lots aredescribedon attachedExhibitD. 1.18 "Governing Documents" "Governing Documents"shallmean thisRestatedDeclarationand theArticlesof Incorporation,Bylaws and Rules and Regulationsof theAssociation,allas may be amended from time totime. 1.19 "Improvement" "Improvement"shallmean every structureor improvement of any kind,including,but not limitedto,a Unit,landscaping,patios,decks,fences and walls(includingretainingwalls), driveways,sidewalks,fixtures,storageshelters,pools,hot tubs,athleticfacilitiesand other productsof constructionefforts(includingexteriorpainting,alterations,and reconstruction). 1.20 "Lot" "Lot"shallmean each lotof land indicatedas such on the Plat.The term "Lot" specificallyincludesa Future Development Lot (unlessotherwiseindicated),but excludes Common Areas and Common Maintenance Areas. 1.21 "Mortgagee"and "FirstMortgagee" "Mortgagee"shallmean theholder of any recorded mortgage,or thepartysecuredor beneficiaryofany recorded deed of trust,encumbering one or more of theLots."First Mortgagee"shallmean a holderof a Mortgage with priorityover allotherMortgages. 1.22 "Owner" "Owner"shallmean Declarantand every record owner,whether one or more personsor entities,of fee simple titleto any Lot,includingcontractsellers,but excluding thosehaving an interestmerely as securityfortheperformance of an obligation. 4 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 1.23 "Parks" "Parks"shallmean thosetractsidentifiedas"Parks"on the latofNorton Ecut Ranch SubdivisionPhase 1,recordedon February 16,2011,as Document Number 2382592 intheOfficialRecords ofGallatinCounty,Montana.The PlatdedicatestheParkstothe City,but theAssociationwillmaintaintheParks as Common Maintenance Areas. 1.24 "Plat" "Plat"shallmean the latof Norton East Ranch SubdivisionPhase 1,recorded on February 16,2011,as Document Number 2382592 in the OfficialRecords of GallatinCounty, Montana,and any additionalplatsthatmay be annexed to the Subdivisionas Additional Property. 1.25 "Property" "Propertv"shallmean therealpropertydescribedon the attachedExhibit A,plus such AdditionalPropertyas may be made subjecttothisRestatedDeclaration,but excludingany real propertyremoved from thejurisdictionof thisRestatedDeclaration. 1.26 "Reserve Account Assessments" "Reserve Account Assessments"shallmean assessmentsestablishedpursuanttothe terms of Section3.3. 1.27 "Restated Declaration" "RestatedDeclaration"shallmean thisAmended and RestatedDeclarationof Protective Covenants,Conditions,and RestrictionsforNorton Ranch,and any amendments or supplements theretomade in accordance with itsterms. 1.28 "Rules and Regulations" "Rules and Resulations"shallmean therulesand regulationsadopted by theAssociation from time to time in accordance with ArticleXII of theBylaws. 1.29 "Special Assessments" "SpecialAssessments"shallmean any specialcharges establishedpursuantto theterms of Section3.5. 1.30 "SpecificAssessments" "SpecificAssessments"shallmean the chargesimposed upon some,but lessthan,all Lots forservicesrenderedor expenses incurredpursuant to Section3.4. 5 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 1.31 "Subdivision" "Subdivision"shallmean Norton Ranch,asthesame may be modified,expanded or contractedpursuantto the terms of thisRestatedDeclaration. 1.32 "Turnover Meeting" "Turnover Meeting"shallmean the meeting ofthe Owners calledtoturnover controlof the AssociationtotheClass A members,as furtherdescribedin the Bylaws. 1.33 "Unit" "Unit"shallmean an attachedor detached residentialdwellin intendedforoc anc by a singlefamily,including(butnot limitedto)a detached singlefamily home,an apartment locatedwithin a multifamilybuilding,an attachedtownhouse and a condominium unit. ARTICLE 2-ASSOCIATION 2.1 Membership.The Declarant and every otherOwner of a Lot by virtueof ownership of such Lot shallbe a member of the Association.Membership inthe Association shallbe appurtenantto and shallnot be separatedfrom ownership of any Lot.Transferof ownership of a Lot shallautomaticallytransfermembership in the Association.Without any otheractor acknowledgment,Owners shallbe governed and controlledby theGoverning Documents.There shallbe two (2)classesof membership inthe Association,ClassA membership and Class B membership,as describedin Section2.2. 2.2 Voting Rights.The Associationshallhave two (2)classesof voting membership: 2.2.1 Class A Membership. Class A members shallbe allOwners with the exceptionof Declarant,provided thatDeclarant shallbecome a Class A member from and afterthe Turnover Date.Each Class A member isentitledtothegreaterof (a)one (1)voteforeach Lot owned or (b)one (1)vote for each Unit constructedon each Lot owned.When more than one (1)person holds an interestin any Lot,allsuch persons shallbe members,but thevote forsuch Lot shallbe exercisedasthey among themselves determine;provided,however,thattheOwners of thatLot shallnot castmore votesthan the number of votesallocatedto the Lot by the preceding sentence.Ifthe co-Owners of a Lot cannot agreeupon thevote forthe Lots,then thevote of the Lot shallbe disregardedin determiningthe particularmatteratissue. 2.2.2 Class B Membership The Class B member shallbe Declarant,provided thattheClass B membership shallterminateand become convertedto Class A membership on the Conversion Date.The 6 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch Class B member isentitledtothegreaterof (a)three(3)votes foreach Lot owned or (b)three (3)votesforeach Unit constructedon each Lot owned. 2.3 Suspension.All votingrightsof an Owner shallbe suspended duringany period inwhich such Owner isdelinquentin the payment of any assessment duly establishedpursuant toArticle3 or isotherwiseindefaultunder the Governing Documents.The Board may also suspend an Owner's rightstouse theCommon Areas during such period of default. ARTICLE 3-ASSOCIATION FINANCES 3.1 Budgeting. 3.1.1 At leastsixty(60)days beforethebeginning of each fiscalyear,the Board shallpreparea budget of the estimatedexpenses of the Associationforthecoming year. The estimatedexpenses inthe budget of the Associationshallinclude,inadditiontooperating reserves,a contributiontothe Reserve Account determined in accordance with theterms of Section3.3below.The budget shallalsoreflectthe sourcesand estimatedamounts of funds to cover such expenses,which may includeany surplustobe appliedfrom prioryears,any income expected from sourcesotherthan assessmentsleviedagainstthe Lots,and theamount estimated tobe generatedthrough thelevy of assessmentsagainstLots.Finally,the budget shall differentiatebetween expenses applicableto allLots versus expenses applicabletosome,but not all,Lots. Estimated operatingexpenses and Reserve Account Assessments applicableto all Lots shallbe allocatedamong such Lots as Base Assessments pursuant to Section3.2below, while estimatedoperatingexpenses and Reserve Account Assessments applicabletosome,but not allLots,shallbe allocatedamong the affectedLots as SpecificAssessments pursuantto Section3.4below. 3.1.2 Within thirty(30)days afteradoptingthe annual budget,theBoard shall seta datefora meeting of the Members to considerratificationof the budget and send noticeof such meeting to theMembers in accordance with Section4.5 of the Bylaws.Unless theOwners holding a majorityof the votesinthe Associationvote torejectthebudget,the budget isratified, whether or not a quorum ispresentatthemeeting.IftheBoard failsto adopt a budget or ifthe Owners vote to rejectthebudget,then the lastadopted and ratifiedbudget forthe Association shallcontinuein effect. 3.1.3 The Board may revisethebudget and adjustthe assessmentslevied pursuanttheretofrom time totime during the year,subjecttothe same noticeand ratification procedures setforthabove. 3.2 Base Assessments.Upon determiningthetotalamount of income requiredtobe generatedthrough the levy of Base Assessments as provided in Section3.1,theAssociationshall allocatesuch amount among the Lots subjecttoassessment (asdetermined under Section3.7 7 -Amended and Restated Declarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch below)based on the formula describedinthefollowingsentence.The shareof Base Assessments tobe assessedby the Associationagainsteach Lot subjectto assessmentshallbe representedby a fraction,thenumerator of which isthe number of votes assignedto the particularLot and thedenominator of which isthe totalnumber of Class A votesassignedto all Lots subjectto assessment.Such fractionshallbe multipliedby the totaldollaramount ofthe Base Assessments in orderto determine the dollaramount of the Base Assessment tobe levied againsteach Lot subjectto assessment. Declarantmay,but isnot obligatedto,reduce the Base Assessment forany fiscal year by payment of a subsidy,which may be eithera contribution,an advance againstfuture assessmentsdue from Declarant(ifany),or a loan,as determined by Declarantin itssole discretion.Any such subsidy shallbe disclosedas a lineitem inthe income portionof the budget.Payment of such subsidyin any year shallnot obligateDeclaranttocontinuepayment of such subsidy in futureyears,unlessotherwiseprovided in a writtenagreement between the Associationand Declarant. 3.3 Replacement Reserve Assessments. 3.3.1 As a partof any Annual Assessment theBoard shallobtainfrom Owners contributionsfora reserveaccount (the"Reserve Account")establishedforallitems of property includedwithinthe Common Maintenance Areas which willnormally requiremajor maintenance,repairor replacement,in whole or inpart,inmore than one (1)and lessthan thirty (30)years,forexteriorpainting(ifthe Common Maintenance Areas includesexteriorpainted surfaces),and forotheritems,whether arenot includedwithinthe definitionof Common Maintenance Areas,ifthe Associationhas responsibilitytomaintain;provided,however,thatthe Reserve Account need not includeitems thatcould reasonablybe funded from Base Assessments or SpecificAssessments or otherfunds or accounts of the Association,or items forwhich the Owners (and not theAssociation)areresponsibleformaintenance,repairand replacementunder the terms of the Governing Documents. 3.3.2 The Declarantshallconduct an initialreservestudy(a"Reserve Studv") todetermine the Reserve Account requirements.The Reserve Study shallinclude:(a) identificationof allitems forwhich reservesare or willbe established;(b)includethe estimated remaining usefullifeof each item as of thedateof the Reserve Study;and (c)includeforeach item,as applicable,an estimatedcostof maintenance,repairand replacement attheend of the item'susefullife.The Board shallthereafterperiodicallyconduct a Reserve Study or review and update an existingReserve Study to determine the Reserve Account requirements. 3.3.3 Contributionstothe Reserve Account ("Reserve Account Assessments")shallbe in an amount (a)initiallydetermined by Declarantbased upon the results of the initialReserve Study or otherreliableinformationand (b)thereafterby theBoard from time to time based on theresultsof theperiodicReserve Study (orreview and update of an existingReserve Study).Reserve Account Assessments shallbe allocatedto Lots inthe same manner as Base Assessments under Section3.2 and SpecificAssessments under Section3.4,as 8 -Amended and Restated Declarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch applicable,and shallbe paid to theAssociationmonthly,quarterlyor annuallyas determined by the Board. Reserve Account Assessments paid intotheReserve Account arethepropertyof the Associationand arenot refundableto sellersor Owners of Lots.The Reserve Account must be a separateaccount holding only Reserve Account Assessments and otherfunds intendedtobe used forthe same purpose maintained ata federallyinsuredbank or otherdepositoryinstitution with branches in Montana,and any funds inthe Reserve Account may be expended only forthe purposes forwhich the Reserve Account was establishedas describedabove. 3.3.4 Afterthe Turnover Meeting,theBoard may borrow funds from the Reserve Account to meet high seasonaldemands on theAssociation'sregularoperatingfund or to meet unexpected increasesin expenses ifthe Board has adopted a resolution,which may be an annual continuingresolution,authorizingtheborrowing of such funds.Not laterthan the adoption ofthebudget forthe followingyear,the Board shalladopt by resolutiona written payment plan providingforrepayment ofthe borrowed funds withina reasonableperiodof time. 3.3.5 At any time afterthe second (2")year afterthe Turnover Meeting, futurereplacement reserveassessmentsforthe Reserve Account may be increasedor reduced by thevote of Owners of Lots representingseventy-five(75%)of theOwners. 3.3.6 Nothing in thisSection 3.3prohibitsthe prudent investment of Reserve Account funds,subjecttoany constraintsimposed by the Board or the Governing Documents. 3.4 SpecificAssessments.The Associationshallhave the authorityto levy assessmentsto satisfythe expenses of undertaking a particularprojector effortthatbenefitsome, but lessthan all,ofthe Lots (such assessments,"SpecificAssessments").SpecificAssessments shallbe allocatedequallyagainsttheOwners of those Lots thatbenefitfrom theproject,effortor otherspecificundertakingby the Association,unlessthe Association(initsreasonable discretion)determines thatanothermethod of apportionment more accuratelyreflectsthebenefit receivedby such Owners (such as allocationtoeach Owner based on the number of votes entitledtobe castby thatOwner). 3.5 Special Assessments.In additionto theBase Assessments authorizedabove,the Board may levy "SpecialAssessments"againstan Owner or allOwners inthe followingmanner forthefollowingpurposes: (a)To correcta deficitin the operatingbudget,by vote of a majorityof the Board; (b)To collectadditionalamounts necessaryto make repairsor renovationsto the Common Areas or Common Maintenance Areas ifsufficientfunds arenot availablefrom the operatingbudget or Reserve Account,by vote of a majorityof the Board;and 9 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch (c)To make capitalacquisitions,additionsor improvements,by vote of Owners holding atleastsixtypercent(60%)of the votingrightsof theAssociation. SpecialAssessments shallbe leviedagainstallLots subjecttoassessment inthe same manner as Base Assessments under Section3.2and SpecificAssessments under Section3.4,as applicable. 3.6 Reimbursement Assessments.The Associationshallhave the authorityto levy a reimbursement assessment (each,a "Reimbursement Assessment")againstany Owner and such Owner's Lot if(a)a failureto comply with thisRestatedDeclarationor the otherGoveming Documents has necessitatedan expenditureof monies by the Associationto effectcompliance or resultedinthe impositionofa fineorpenaltyagainstsuch Owner or such Owner's Lot;or (b) correctiveactionof theAssociationhas necessitatedan expenditureof monies by theAssociation as a resultof the willfulor negligentactionsor omissions of such Owner or such Owner's family members,tenants,guests,contractorsor invitees.A Reimbursement Assessment,togetherwith interest,costs,and reasonableattorney'sfees,shallbe due and payable tothe Associationwhen levied.A Reimbursement Assessment shallnot be leviedby theAssociationexcepton atleast ten(10)days'priorwrittennoticetothe Owner being assessed.If,within saidten (10)day period,the Owner makes a writtenrequestto theBoard fora hearing,a hearingshallbe held.On requestfora hearing,the Board shallconduct thehearingnot lessthan ten (10)nor more than thirty(30)days afterthe requestby the Owner,and shallmake itsdecisionwithinthirty(30) days afterthe hearingisheld.Ifa noticehas been previouslygiven,and thehearinghas already been held or waived (inwritingor by the Owner's failureto appear)fortheviolationresultingin theReimbursement Assessment,no additionalnoticeand hearing isrequiredbeforelevyingthe Reimbursement Assessment. 3.7 Commencement ofAssessments. 3.7.1 Base Assessments and SpecificAssessments.Declarant shallpay all operatingexpenses of the AssociationuntilDeclarantelectsto assessthe Lots forBase Assessments and SpecificAssessments as provided herein.The date of commencement of Base Assessments and SpecificAssessments on the Lots (excludingany Lots owned by Declarantor a Builder,which shallbe exempt asprovided below)shallbe determined by Declarant;provided, however,in no event shallitcommence laterthantheTurnover Meeting or ifno Turnover Meeting isheld,thedateon which administrationof the Associationisturnedover to theClass A members. 3.7.2 Reserve Account Assessments.Reserve Account Assessments commence on a Lot as of thedateDeclarantor a Builder conveys the Lot to an Owner otherthan Declarantor a Builder. 3.7.3 All Other Assessments.SpecialAssessments and Reimbursement Assessments shallcommence on a Lot as of thedateDeclarantor a Builderconveys the Lot to an Owner otherthan Declarantor a Builder. 10 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 3.7.4 Exemption From Payment of Assessments.Any Lot owned by Declarant isexempt from thepayment of Base Assessments,SpecificAssessments,Reserve Account Assessments,SpecialAssessments and Reimbursement Assessments.Any Lot owned by a Builderisexempt from the payment of Base Assessments,SpecificAssessments,Reserve Account Assessments,SpecialAssessments and Reimbursement Assessments fora periodof one (1)year aftersuch Lot was conveyed by DeclaranttotheBuilder;provided,however,that Declarantshallhave theright,ititssolediscretion,to extend a Builder'sassessment exemption period foran additionalyearby sending writtennoticethereofto the Association. 3.8 Obligation for Assessments.Each Owner,by acceptinga deed forhis,her or theirLot,isdeemed tocovenant and agree topay allassessments authorizedinthisRestated Declarationor otherGoverning Documents.All assessments,togetherwith interest,finesand latecharges as determined by Board resolution,and collectioncosts(includingreasonable attorneys'fees),shallbe thepersonalobligationof each Owner and alien upon each Lot until paid in full.Upon transferof titleto a Lot,the granteeshallbe jointlyand severallyliablefor any assessments and othercharges due atthe time of conveyance.The Associationmay sue any person liableforunpaid assessments and othercharges authorizedhereunder without foreclosing or waiving theliensecuringthe same. Failureof the Board to fixassessment amounts or ratesor to deliverormail each Owner an assessment noticeshallnot be deemed a waiver,modificationor releaseof any Owner from the obligationtopay assessments.In such event,each Owner shallcontinuetopay Annual Assessments on thebasisof the lastyear forwhich an assessment was made,ifany,untila new budget becomes effectiveand a new assessment isleviedpursuant thereto.Any such budget may includeas an expense item any shortfallin amounts previouslycollected. No Owner may exempt himselffrom liabilityforassessmentsby non-use of the Common Areas,abandonment of hisor her Lot,or any othermeans.The obligationtopay assessmentsisa separateand independent covenant on thepartof each Owner.No diminution or abatement of assessmentsor set-offshallbe claimed or allowed for any allegedfailureof the Associationor Board totakesome actionor perform some functionrequiredof it,or for inconvenience ordiscomfort arisingfrom the making of repairsor improvements,or from any otheractionittakes. 3.9 Lien for Assessments.The Associationshallhave alien againsteach Lot to securepayment of delinquentassessments,as well as interest,finesand latecharges as determined by Board resolution,and collectioncosts(includingreasonableattorneys'fees). Such lienshallbe superiortoallotherliens,except (a)liensforrealestatetaxesand assessments and otherlevieswhich by law would be superior;and (b)the lienof any recorded FirstMortgage made in good faithand forvalue.Such lien,when delinquent,may be foreclosedinthe same manner as a constructionlienor as otherwiseprovided by applicablelaw aftertheAssociation recordsa noticeoflien againstthedelinquentLot inthe OfficialRecords of GallatinCounty, Montana. 11 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch The Associationmay bid fortheLot atthe foreclosuresaleand acquire,hold, lease,mortgage and convey the Lot.While a Lot isowned by theAssociationfollowing foreclosure:(a)no rightto vote shallbe exercisedon itsbehalf;(b)no assessmentsshallbe leviedon it;and (c)each otherLot shallbe charged,in additiontousual assessments,itspro rata share oftheassessmentsthatwould have been charged to such Lot had itnot been acquiredby the Association. Saleor transferof any Lot shallnot affecttheassessment lienorrelievesuch Lot from the lienforany subsequent assessments.However,thesaleor transferof any Lot pursuant to foreclosureof a FirstMortgage or a deed inlieuof foreclosureforthebenefitof any First Mortgagee shallextinguishthe lienof such assessmentson the Lot as topayments which became due priorto the saleor transfer.The unpaid assessments shallthen become common expenses of allOwners,includingthe FirstMortgagee and any purchaserattheforeclosuresaleor from a FirstMortgagee.No saleor transferof any Lot pursuantto foreclosureof a FirstMortgage or a deed in lieuof foreclosureforthe benefitof any FirstMortgagee shallrelievesuch Lot from liabilityas to any assessmentsthereafterbecoming due or from the lienthereof.Notwithstanding the foregoing,no saleor transferof any Lot pursuantto a mortgage foreclosureor a deed in lieu of foreclosureforthebenefitof any FirstMortgagee shallbe deemed to extinguishany mortgage or lienwhich theAssociationhas itselfplacedupon any propertyowned by theAssociation. 3.10 Interest;Late Fees:Fines.The Board,in itsreasonablediscretion,may from time to time adoptresolutionsto setthe rateof interestand to impose latefeesand fineson delinquentassessments or forviolationsof theprovisionsof thisRestatedDeclarationor other Governing Documents.The adoption of such impositionsby the Board shallbe communicated to allOwners inwritingnot lessthan thirty(30)days before the effectivedateby a noticemailed to the address of the Owners as containedintherecordsoftheAssociation.Such impositions shallbe consideredassessmentsthatarelienableand collectibleinthe same manner as any other assessments;provided,however,thatfines(butnot interestor latefees)forviolationof this RestatedDeclarationor otherGoverning Documents may notbe imposed againstan Owner or such Owner's Lot untiltheOwner isgiven an opportunityfor a hearing. 3.11 Acceleration of Assessments.Ifan Owner isdelinquentinpayment of any assessment or installmenton any assessment,theAssociation,on not lessthan ten(10)days' writtennoticeto theOwner,may acceleratethe due dateof the fullannual assessment forthat fiscalyear and allfutureinstallmentsof any SpecialAssessments. 3.12 Certificateof Payment.The Associationshallprovide,withinten (10)business days of receiptof a writtenrequestfrom an Owner,a certificatesigned by an officerof the Associationsettingforth(i)the amount of assessmentsdue from the Owner and unpaid atthe time therequestisreceived,includingAnnual Assessments and allotherassessmentsauthorized inthisRestated Declaration,latefees,interest,finesand othercharges,(ii)thepercentagerateat which interestaccrueson assessments thatarenotpaid when due,and (iii)thepercentagerate used to calculatethecharges forlatepayments;provided,however,thatthe Associationisnot requiredto comply with the foregoingifthe Associationhas commenced litigationby filinga 12 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch complaint againstan Owner and thelitigationispending when the certificatewould otherwisebe due.A properlyexecuted certificateof theAssociationshallbe bindingupon theAssociationas of thedateof itsissuanceas tothe statusof assessments on a Lot. 3.13 Reallocation Upon Annexation of Additional Property.When Additional Propertyisannexed to the Subdivisionpursuantto Sections 13.1 or 13,2,theAssociationshall, within sixty(60)days afterthe annexation,recompute thebudget fortheAssociationbased on the additionalLots,Common Areas and Common Maintenance Areas and recompute all applicableassessmentsforeach Lot.Newly annexed Lots shallbe subjecttoassessment from thetime of annexationof the Lots to the Subdivision,unlessa laterdateisprovided elsewhere in thisArticle3 (e.g.,Lots owned by Declarantor a Builder,which aregenerallyexempt from assessments).The Associationshallsend noticeof any applicableassessment to the Owners of newly annexed Lots not laterthan sixty(60)days afterthe annexationor with thenext occurring Annual Assessment,whichever issooner.Assessments shallbe due and payable on or before a datesetforthin thenotice,which shallbe not lessthan thirty(30)days afterthe datethe noticeis mailed tothenew Owners or atsuch othertime or times as the Associationmay specifyin the noticeinaccordance with thisRestated Declarationor the Bylaws.IfAdditionalPropertyis annexed to the SubdivisionduringtheAssociation'sfiscalyear,the Associationshallsend notice of therecomputed assessment and any additionalassessmentsowed to theOwners of the Lots which were withinthe Subdivisionpriorto the annexation,and theAssociationshallcollectsuch recomputed additionalassessments from such Owners.Notice of the adjustmentin the assessments shallbe sentto such Owners not laterthan sixty(60)days aftertheannexationor with the next occurringAnnual Assessment,whichever issooner.To the extentthatany adjustmentresultsin a creditwith respectto assessmentspayable by an Owner,such creditshall be appliedtoward the next occurringpayment or payments of the applicableassessment. 3.14 Reallocation Upon Removal of a Portion of the Property.When partof the Propertyisremoved from the Subdivisionpursuantto Section 13.3,theAssociationshall,within sixty(60)days aftertheremoval,recompute the budget forthe Associationbased on the removal of the applicableLots,Common Areas and Common Maintenance Areas and recompute all applicableassessmentsforeach of the remaining Lots.The Associationshallthen send noticeof therecomputed assessmentand any additionalassessmentsowed tothe Owners of Lots which remain in the Subdivisionaftertheremoval notlaterthan sixty(60)days aftertheremoval or with the next occurringAnnual Assessment,whichever issooner,and theAssociationshall collectsuch recomputed additionalassessments from theremaining Owners.To the extentthat any adjustmentresultsin a creditwith respectto assessmentspayable by an Owner of a Lot which remains intheSubdivisionaftertheremoval,such creditshallbe appliedtoward the next occurringpayment or payments of the applicableassessment.Lots removed from the Subdivisionshallno longerbe subjectto assessment as of the effectivedate of the removal; provided,however,thatthe lienforany assessmentsdue priorto the dateof such removed (if any)shallremain alien on the Lots removed from the Subdivisionuntilpaid infull. 3.15 No Reimbursement to Declarant.The proceeds of any assessmentsshallnotbe used to reimburse Declarantforany capitalexpendituresincurredin constructionor other 13 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch improvements of Common Areas or Common Maintenance Areas,nor fortheoperationor maintenance of such facilitiesincurredbefore conveyance of such common facilitiesto the Association. ARTICLE 4-EASEMENTS AND RIGHTS OF ENTRY 4.1 Plat Easements.The Propertyshallbe subjectto alleasements delineatedon the Plat. 4.2 Owners'Easements in Common Areas.Declarantgrantsto each Owner a perpetual,nonexclusiverightand easement of use,accessand enjoyment in and tothe Common Areas,subjectto therestrictionsand limitationssetforthinthisArticleand elsewherein this RestatedDeclaration. 4.3 Easement of Encroachment.Declarantgrantsreciprocalappurtenanteasements of encroachments,and formaintenance and use of any permittedencroachment,between each Lot and any adjacentCommon Areas and between adjacentLots due tounintentionalplacement or settlingor shiftingof improvements constructed,reconstructedor alteredthereon(in accordance with theterms of thisRestatedDeclaration)to a distanceof not more thethree(3) feet,as measured from any pointon thecommon boundary along a lineperpendiculartosuch boundary.In no event,however,shallan easement forencroachment existifsuch encroachment occurred due willfuland knowing conduct on thepartof,or with theknowledge and consentof, theperson claimingthe benefitof such easement. 4.4 Easements for Utilities,Etc. 4.4.1 Declarantreservesforitselfand theAssociation,forthe benefitof the Propertyand any AdditionalProperty,perpetual,nonexclusiveblanketeasements upon,across, over and under thePropertyand AdditionalPropertyforpurposes of ingress,egress,installation, maintenance,repairand replacement of utilitiesand infrastructure;cableand othersystems for sending and receivingdata and/orotherelectronicsignals;securityand similarsystems; walkways,pathways and trails;storm water drainagesystems;irrigationsystems;sanitarysewer systems;streetlights;signage;and entryfeatures;provided,however,thattheexerciseof these easements does not unreasonably interferewith theuse of any Lot.Declarantfurtherreservesfor itselfand theAssociationtherightto grantthe benefitof any such easements to thelocal municipal governmental body and otherutilityserviceproviders. 4.4.2 Declarantalsoreservesforitselfand theAssociationthenonexclusive rightand power to grantand record such specificeasements over the Propertyand Additional Propertyas may be necessary,in the solediscretionof Declarantor the Association,to exercise the rightsand easements grantedby thepreceding paragraph.The Owner of any Lot to be burdened by any easement grantedpursuantto thisSection4.4 shallbe given advance written noticeof the grant,and the locationof the easement on such Lot shallbe subjecttothewritten approval of the Owner (which shallnotbe unreasonablywithheld,delayed or conditioned); 14 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch provided,however,thatan Owner shallbe deemed to have consented tothelocationof an easement on hisor her Lot iftheOwner has not responded to a writtenrequestwithinthirty(30) days aftersuch requestwas mailed to the Owner's addresson recordwith theAssociation. 4.4.3 All work associatedwith the exerciseof the easements describedin this Section4.4 shallbe performed in such a manner as tominimize interferencewith theuse and enjoyment of the propertyburdened by the easement.Upon completion of thework,theperson exercisingthe easement shallrestorethe property,tothe extentreasonablypossible,toits conditionpriorto commencement of thework,exceptforany improvements placed withinutility easements inviolationof the terms of thisRestatedDeclaration.The exerciseof theseeasements shallnot extend topermittingentryintoany Unit without theOwner's consent,nor shallit unreasonably interferewith theuse of any Lot by theOwner thereof.Except in an emergency, entryonto any Lot shallbe made only afterreasonablenoticeto the Owner or occupant. 4.5 Easements to Serve Additional Property.Declaranthereby reservesforitself and itsduly authorizedagents,successorsand assignsa perpetual,nonexclusive easement over theCommon Areas forpurposes of enjoyment,use,accessand development of any propertynow or hereafterowned by Declarantadjacentto or near the Property,whether or not such propertyis made subjectto thisRestatedDeclaration.This easement includes,but isnot limitedto,a right of ingressand egressover the Common Areas forconstructionand use of roads,sidewalksand walking paths,and forconnectingand installingany and allutilitieson such property. Declarantagreesthatitand itsduly authorizedagents,successorsand assigns shallbe responsibleforany damage caused tothe Common Areas as a resultoftheirrespective actionsin connectionwith development of such property.Declarantfurtheragreesthatifthe easement isexercisedforpermanent accessto such propertyand such propertyor any portion thereofbenefitingfrom such easement isnot made subjecttothisRestatedDeclaration, Declarant,itssuccessorsor assignsshallenterintoa reasonableagreement with theAssociation tosharethe costof any maintenance which the Associationprovidesto or along any roadway, sidewalk or walkway providing accesstosuch property. 4.6 Easements for Maintenance,Emergency and Enforcement.Declarantgrants to theAssociationeasements over the Propertyand AdditionalPropertyas necessarytoenable the Associationto fulfillitsmaintenance responsibilitiesunder thisRestatedDeclaration.The Associationshallalsohave theright,but not the obligation,to enterupon any Lot foremergency, securityand safetyreasonsto perform maintenance and toinspectforthepurpose ofensuring compliance with and enforcethe terms of thisRestatedDeclarationand the otherGoverning Documents.Any such rightmay be exercisedby any member of the Board and itsduly authorizedagentsand assignees,and allemergency personnelin performance of theirduties. Except inan emergency situation,entryonto a Lot shallonly be duringreasonablehours and afternoticetothe Owner. 4.7 Easement to Inspect and Right to Correct.Declarantreservesforitselfand othersitmay designatetherighttoinspect,monitor,test,redesignand correctany structure, 15 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch improvement or condition(including,but not limitedto,drainageissues)which may existon any portionof the Propertyand AdditionalProperty,and a perpetual,nonexclusive easement of accessthroughout the Propertyand AdditionalPropertytothe extentreasonablynecessaryto exercisesuch right.Except in an emergency situation,entryonto a Lot shallonly be during reasonablehours and afternoticetotheOwner;provided,however,thatno entryintoa Unit is permittedwithoutthe consent of theOwner.The person exercisingtheseeasements shall promptly repairany resultingdamage. 4.8 Perimeter Fence Easement.An easement ishereby declaredforthebenefitof the Declarantand the Associationforthe construction,maintenance,repairand replacementof fencingalong the perimeterof the Property,whether or not such fencingislocatedon the Common Areas or Lots.Declarant,however,isunder no obligationto constructany perimeter fencing.Any perimeterfencingconstructedby Declarant shallbe maintained by theAssociation as a Common Maintenance Area. 4.9 Retainine Wall Easement.Retainingwallsmay have been constructedby DeclarantwithintheProperty (the"RetainingWalls").The RetainingWalls arenot inallcases locatedon a Lot line.The locationof a RetainingWall (orthe constructionby an Owner of any improvements on or near the RetainingWall)shallnot constituteevidence of the intended locationof a Lot line,or provide grounds forany claim of adversepossessionor prescriptive easement.Each Lot upon which any portionof a RetainingWall islocatedshallbe subjecttoan easement,forthebenefitof theAssociationand allotherLots,forthepurposes of supportby and naturaldrainagefrom such RetainingWall.RetainingWalls may or may not have been designed by a professionalengineer,and no Owner shalltakeany actionto add,constructor placeany improvement on the Lot so thatitmay,in thejudgment of theAssociation:resultindisturbance of,weakening of,or damage to a RetainingWall;increaseany engineered load or alterdesign criteria;or cause damage to the RetainingWall or surroundingproperties.Any Lot Owner who takes such action,or who otherwisedamages a RetainingWall,shallbe responsibleforall resultingcostsof repairand restorationof the RetainingWall.This Section4.9 shallnot applyto retainingwalls constructedby an Owner on itsown Lot. 4.10 SpecialDeclarant Easements.Declarantreservesforitselfand itsduly authorizedagents,successorsand assigns,perpetual,nonexclusive easements on,over and across the Common Areas forpurposes of (a)constructingand maintainingsuch facilitiesand activities as Declarant,initssolediscretion,deems necessaryor convenienttothesaleof Lots and Units, including,but not limitedto,businessoffices,signs,model unitsand salesoffices;(b) constructingand maintainingCommon Areas,includingany structuresthereon;and (c)storing materialsand making such otheruse thereofas Declarant,in itssolediscretion,deems necessary or convenientto the constructionof Units and otherstructureson the Propertyor Additional Property (providedthatno such storageor otheruse shallunreasonably interferewith accessto, or theuse,occupancy and enjoyment of,any Lot).Declarantshallalsohave easements for accessto and use of the Common Areas forsuch facilitiesatno charge. 16 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch ARTICLE 5-COMMON AREAS 5.1 Use of Common Areas.Every Owner shallhave a rightto use and enjoy the Common Areas,subjectto: (a)The terms of thisRestatedDeclarationas itmay be amended from time to time and any restrictionsor limitationscontainedin any deed conveying theCommon Areas to the Association; (b)The Board's Right to: (i)adopt,promulgate,enforceand amend from time to time theRules and Regulationspertainingto the use and enjoyment oftheCommon Areas,includingrulesand regulationslimitingthenumber of guestsof Owners who may use the Common Areas atany one time; (ii)suspend the rightof an Owner,afternoticeand an opportunityfor a hearing,touse allor any portionof the Common Areas (A)forany period not toexceed thirty (30)days fora singleviolation,or fora longerperiod inthe case of any continuingviolationof thisRestatedDeclarationor the Bylaws or Rules and Regulations;and (B)forany periodduring which any assessmentsor any othercharges forsuch Owner's Lot remains delinquent; (iii)granteasements and dedicateor transferallor any partof the Common Areas pursuantto Sections4.4 and 5.2; (iv)mortgage,pledge or hypothecate any or allof itsrealor personal propertyas securityformoney borrowed or debtsincurred,subjecttotheapprovalrequirements setforthin Section5.2; (v)impose reasonablemembership requirementsand charge reasonableadmission or otheruse feesfortheuse of any recreationalfacilitysituatedupon the Common Areas thatisnot open or availableto the generalpublic;and (vi)permituse of any recreationalfacilitiessituatedon theCommon Areas by persons otherthan Owners,theirfamilies,lesseesand guestsupon payment of use fees establishedby the Board; (c)All easements grantedor reservedby DeclarantinthisRestated Declaration,and alleasements subsequentlygrantedorreservedby Declarantpursuantto a right grantedor reservedin thisRestatedDeclaration. An Owner who residesin a Unit may extend his or her righttouse and enjoyment of the Common Areas to theothermembers ofhisor her household and to guests,subjectto the terms of thisRestatedDeclarationand theRules and Regulations.Ifan Owner does notresideat hisor her Unit,then theOwner shallbe deemed to have assignedallof the Owner's rightstouse 17 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch and enjoyment of theCommon Areas toresidentsor occupants of such Unit,subjectto theterms of thisRestated Declarationand the Bylaws and Rules and Regulations. No Owner shallmake any change to any Improvement or landscapingupon the Common Areas,or decorate,alterorrepairany partof the Common Areas (exceptfor maintenance of thosepartsof the Common Areas which the Owner has theduty tomaintain,if any),without thepriorwrittenconsent of theAssociation. 5.2 Alienation of Common Areas.The Associationmay sell,dedicate,transfer, granta securityinterestin,or grantan easement forinstallationor maintenance ofutilitiesor for similarpurposes with respectto any portionof theCommon Areas.Except forgrantsof easements forutility-relatedpurposes under Section4.4 above,no such sale,dedication,transfer or grantof a securityinterestshallbe effectiveunlessapproved by eightypercent(80%)of the votes of both Class A and Class B members,or eightypercent(80%)ofthevotes of Class A members once Declaranthas relinquisheditsClass B membership interests.Any saleof portions oftheCommon Area thatincludepublictrailsor walking paths shallbe made subjectto reserved easements infavorof thepubic over such trailsand walking paths. 5.3 Conversion of Lots to Common Areas.Declarantmay electtobuildcommon facilitieson one ormore Lots and designatesuch Lots as Common Areas by amending this RestatedDeclaration.Such amendment to thisRestatedDeclarationshallbe executed by Declarantand bear a certificateof the Presidentor Secretaryof theAssociationrecitingthatthe holdersof a majorityof the voting rightsintheAssociationhave approved such conversionto Common Areas. 5.4 No Partition.There shallbe no judicialpartitionof theCommon Areas.Each Owner,whether by deed,gift,devise,or operationof law,forsuch Owner's benefitand forthe benefitof allotherOwners,specificallywaives and abandons allrights,interests,and causes of actionforjudicialpartitionof any interestinthe Common Areas and agreesthatno actionfor judicialpartitionshallbe instituted,prosecuted,or reduced tojudgment. 5.5 Titleto Common Areas.Declarantshallcause fee simple titleto the Common Areas tobe conveyed totheAssociation,freeand clearof monetary liens,no laterthan the date of theTurnover Meeting,and the Associationshallunconditionallyacceptfeetitleto the Common Areas from Declaranton such date. 5.6 Damage or Destruction By Owner.Ifdamage to any Common Areas or Common Maintenance Areas isdirectlyattributableto an Owner or the family members, invitees,licensee,or guestof an Owner,then thatOwner shallrepairsuch damage or destruction as soon as reasonablypracticable,but inno eventlaterthan fifteen(15)days afterthedatethe damage occurred,athisor her soleexpense and withouta rightof reimbursement.Ifan Owner failstorepairsuch damage timely,the Associationshallhave allrightsof enforcement and remedies setforthunder thisRestated Declaration. 18 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch ARTICLE 6 --MAINTENANCE 6.1 Maintenance by Association.The Associationshallmaintain and keep the Common Maintenance Areas in a cleanand attractiveconditionand ingood repair,such maintenance to be funded by Annual Assessments as provided in thisRestatedDeclaration.This maintenance shallinclude,but need not be limitedto,maintenance,repairand replacement (subjecttoany insurancethen in effect)of the following: (a)alllandscapeplantings,treesand lawn areas(includingirrigationthereof) locatedon the Common Areas and withinthe Parks (untilsuch time astheCityaccepts maintenance responsibilityforthe Parks),which shallinclude,but isnot limitedto,removal and replacement of dead or dying treesand otherlandscapingto ensure compliance with the approved landscapingplan (butsubjectto theterms of Section 11.2); (b)allsidewalks,trails,walking pathsand pedestrian/bicyclepaths locatedon theCommon Areas and withinthe Parks (untilsuch time as the City acceptsmaintenance responsibilityforthe Parks); (c)allmonument entrysignsand featuresforthe Subdivisionwithinor adjacentto theProperty; (d)the storm water conveyance and detentionsystems servingthe Subdivision (exceptforany drainageswales locatedon Lots),which shallbe maintained per thedesign intent of the approved plans forsuch systems and any applicableoperationsand maintenance plans; (e)any perimeterfencing constructedby Declarant(althoughDeclaranthas no obligationto constructany perimeterfencing); (f)any RetainingWalls constructedby Declarant;and (g)allotherstructuresand Improvements situatedin oron the Common Areas,unlessmaintenance thereofisdelegatedto the Owners under the terms of thisRestated Declarationor handled by the City or a utilityserviceprovider. The Associationmay alsomaintain otherpropertywhich itdoes not own and is not requiredtomaintainiftheBoard determines,initsdiscretion,thatsuch maintenance is necessary or desirable.Such areasshallbecome partof the Common Maintenance Areas upon approval by the Board. 6.2 Maintenance by Owner.Each Owner shallatalltimes keep his or her Lot and Unit(s)(includingallImprovements and alllandscapeplantings,treesand lawn arealocatedon hisor her Lot)ina clean and attractivecondition,ingood repair,and in compliance with all applicablecovenants and municipal ordinances,unlesssuch maintenance responsibilityis 19 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch otherwiseassumed by or assignedto the Associationpursuantto Section6.1 above or any other provisionsof thisRestatedDeclaration. Each Owner shallalsobe responsibleformaintainingthe landscape plantings,treesand lawn area(includingirrigationthereof)withinthe publicright-of-wayadjacenttohisor her Lot to theback of the streetcurb;provided,however,thatthereshallbe no rightto remove trees, shrubs or similarlandscapingfrom thisareawithout thepriorwrittenconsentof theAssociation and compliance with theterms of Section 11.2 and any applicablezoning ordinances. Responsibilityformaintenance of landscape plantings,treesand lawn areasas required by thepreceding paragraphs shallincluderesponsibilityforwateringthesame as needed to maintain them in a healthycondition,freefrom weeds and othernoxious plantmaterials,and not permittinggrassesto exceed fourinches (4")inheight.Itshallalsoincluderesponsibilityfor removal and replacement of diseasedor dead trees,shrubsand otherlandscaping,subjectto obtainingany requiredtreeremoval permit from thelocalmunicipal authorityand theterms of Section11.2. Ifany Owner failstoproperlyperform hisor her maintenance responsibility,the Associationmay,but isnot obligatedto,perform such maintenance responsibilitieson behalfof such Owner and assessthe Owner fora Reimbursement Assessment in accordance with Section 3.6of thisRestatedDeclaration;provided,however,thatexceptwhen entryisrequireddue to an emergency situation,the Associationshallprovide the Owner with reasonablenoticeand an opportunityto cure the problem priorto entry. 6.3 Maintenance Durine Construction.During constructionitshallbe the responsibilityof each Owner (includinga Builder)toinsurethathisor her Lot and adjacentareas arekept freeofunsightlyaccumulation of rubbish and scrapmaterials,and thatconstruction materials,trailers,shacks and the likearekept in a neatand orderlymanner.No burning of any trashand no accumulation or storageof litteror trashof any kind shallbe permittedon any Lot or the Common Areas.This Section6.3 shallnot be applicableto Declarant or itsemployees, agentsor contractors. ARTICLE ?-ARCHITECTURAL REVIEW 7.1 Architectural Review Committee.A committee to be known as the ArchitecturalReview Committee e "ARC"shallbe establishedconsistin of thenot lessthan three(3)members or more than five(5)members,exceptthatthe ARC may,attheoptionof Declarant,consistof as few as one (1)member (which may be Declarant)forso long as Declarant owns any Lot withinthe Subdivision.Each member of the ARC shallservefora one (1)year term,exceptthatthemember(s)of the ARC appointedby Declarantmay serveuntil Declarantno longerowns any Lot withinthe Subdivision. 7.1.1 The members of the ARC shallbe appointed,terminatedand/orreplaced by Declarantforso long as Declarantowns any Lot withinthe Subdivision.Thereafter,the 20 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch Board shallappointthe members of the ARC.Members of theARC may be terminatedand/or replacedby the Board,with or without cause,except thattheBoard may not terminateany member of theARC appointedby Declarantso long as Declarantowns any Lot withinthe subdivision. 7.1.2 Declarantshallhave the rightto voluntarilyrelinquishcontrolof the ARC totheBoard during theperiodinwhich Declarantowns any Lot withinthe Subdivision,in which event Declarant'srightto appoint,terminateand replacemembers of theARC shall termmate. 7.1.3 The purpose of the ARC isto enforcethe architecturalstandardsof the community and to approve or disapprove plans forimprovements proposed on the Lots. 7.1.4 The ARC shallactby simple majorityvote,and shallhave theauthority todelegateitsdutiesand toretainthe servicesof a professionalengineer,architect,designer, inspectoror otherperson to assistin theperformance of itsduties. 7.2 Design &Construction Guidelines.The ARC may,with the approvalof the Board,adopt,amend,modify or reviseDesign &ConstructionGuidelines;provided,however, thatDeclarantmay adopt,amend,modify and revisethe Design &ConstructionGuidelines withoutthe consent of anyone so long as Declarantowns any Lot withinthe Subdivision. NeitherDeclarantnor the ARC,however,shallhave an obligationto adopt Design & ConstructionGuidelines.No amendments,modifications,or revisionstothe Design & ConstructionGuidelinesshallaffectany priorARC approval. 7.3 Scope of Review.No Improvements may be undertaken,constructed,altered, added onto or replacedupon any portionof the Propertywithout thepriorwrittenconsentofthe ARC. 7.4 Submission of Plans.Before the initiationof constructionof any Improvement upon any Lot,the Owner thereofshallfirstsubmit to theARC a complete setofplansand specificationsfortheproposed improvements.Plans shallincludeelevationdrawings,design plans,specificationsof materialsand exteriorcolors,and any otherinformationdeemed necessaryby theARC fortheperformance of itsfunctionpursuantto theprocedure outlinedin the Design &ConstructionGuidelines(ifany).In addition,theOwner shallsubmit theidentity of the individualor company intendedto perform thework and projectedcommencement and completion dates.In the eventan Owner submits plans or specificationsto theARC thatarenot adequate to permit theARC to make an informed determinationunder thisArticle,the Board shallhave the authorityto requiretheOwner submittingthe inadequateplans or specificationsto retain,atthe Owner's expense,theservicesof a professionalengineer,architect,designer, inspectoror otherperson to assistin thepreparationof a sufficientsubmittaltothe ARC. 7.5 Plan Review.Upon receiptby the ARC of allof the informationrequiredby this Article,itshallhave thirty(30)businessdays inwhich toreview saidplans.The proposed 21 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch improvements willbe approved if,in the soleopinion of theARC:(a)theimprovements willbe of an architecturalstyleand materialthatare compatible with theother structuresintheProperty; (b)the improvements willnot violateany restrictivecovenant or encroach upon any easement or crossbuildingsetback lines;(c)the improvements willnot resultinthereductioninproperty value,use or enjoyment of any of the Property;(d)the individualor company intendedto perform thework isacceptableto the ARC;and (e)theimprovements willbe substantially completed,includingallcleanup,within six(6)months of thedateof commencement.Ifthe ARC failsto issueitswrittenapproval or rejectionwithinthirty(30)businessdays of itsreceipt of the lastof thematerialsor documents requiredto complete the Owner's submission,then the ARC's approval shallbe deemed to have been grantedwithout furtheraction.The ARC's approvalof plansand specificationsshallbe validfora period of twelve (12)months from the dateof issuance,during which time the Owner must commence constructionof theapproved Improvements and thereafterdiligentlyproceed to completion;otherwisethe approvalisvoid. 7.6 Non-conforming Structures.Ifthereshallbe a materialdeviationfrom the approved plansinthe completed improvements,such improvements shallbe in violationof this Articletothe same extentas iferectedwithout priorapproval of theARC.The ARC,the Associationor any Owner may maintain an actionatlaw or inequityfortheremoval or correctionof the non-conforming structureand,ifsuccessful,shallrecover from theOwner in violationallcosts,expenses and feesincurredin theprosecutionthereof. 7.7 Immunity of ARC Members.No individualmember of the ARC shallhave any personalliabilityto any Owner or any otherperson fortheactsor omissions of theARC ifsuch actsor omissions were committed ingood faithand withoutmalice.The Associationshall defend any actionbrought againstthe ARC or any member thereofarisingfrom actsor omissions of the ARC committed in good faithand withoutmalice. 7.8 Limited Review.Any review and approvalmade by the ARC islimitedto compliance with theintentof the architecturalstandardsof the neighborhood asmay from time totime be establishedby the Board and/ortheDesign &ConstructionGuidelines.The review and approvalmade by the ARC isnot tobe construedas superseding,replacing,ormodifying any review,approval,or permit requiredby any local,stateor federaljurisdictionalagencies.It istheapplicant'sresponsibilityto obtainand comply with any permits thatmay be requiredby any local,state,or federaljurisdictionalagency. 7.9 Address for Notice.Requests forARC approvalor correspondence with the ARC shallbe addressedtotheNorton Ranch Community Association,ArchitecturalReview Committee,attheaddressas may be designatedfrom time to time by the ARC.No correspondence or requestforapproval shallbe deemed tohave been receiveduntilactually receivedby the ARC in a form satisfactoryto the ARC. 7.10 Appearance and Design of Subdivision.The Declarantshallnotbe prevented from changing the appearance of the Common Areas,includingthe landscapingand any other aspectsdirectlyor indirectlyconnected with itsdevelopment of the Subdivisionso long as 22 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch Declarantobtainsallapplicablegovernmental approvalsand consents.The constructionand materialstandardsof thisRestatedDeclarationand/orplans and drawings notwithstanding, Declarantmay change exteriorand/orinteriordesignsof Units from initialplans.This may includedesigns,colors,and type of materials,provided Declarantobtainsallapplicable governmental approvalsand consents. 7.11 Declarant Exempt;Construction by Declarant.Declarantisexempt from the requirementsof thisArticle7.All constructionby Declarantestablishesthe standardsforthe ARC and isdeemed tomeet any Design &ConstructionGuidelinesof the Associationand is deemed tobe approved by the ARC. 7.12 Approval of Builder Plans.Declarantshallhave theright,in itssolediscretion, to approve theplans and specificationsforallImprovements thatwillbe constructedby a Builder,and allconstructionby a Builderpursuantto theplans and specificationsapproved by Declarantisdeemed to satisfytherequirementsof thisArticle7. ARTICLE 8-INSURANCE AND INDEMNIFICATION 8.1 Association Insurance Coverage.The Associationshallobtainand maintain at alltimestheinsurancerequiredbelow and such additionalinsuranceas the Board deems advisable,which willinclude,but isnot be limitedto,the following: 8.1.1 Property Insurance.The Associationshallobtainand maintain atall times a policyof propertyinsurance coveringallinsurableimprovements withinthe Common Areas againstlossor damage resultingfrom fireand otherhazards covered under specialform coverage ("allrisk"),includingvandalism,maliciousmischief,sprinklerleakage,debrisremoval, costof demolition,windstorm,flood and water damage endorsements.Coverage shallbe forthe fullinsurablereplacement cost(withoutdeduction fordepreciation)of such improvements, exclusiveof land,foundation,excavationand otheritems normally excluded from coverage,and shallbe subjectto a commercially reasonabledeductible.Such policyof insuranceshallcover the interestsof theAssociationand the Owners and FirstMortgagees as theirinterestsmay appear and,ifavailableatreasonablecost,the followingterms: (a)A waiver of subrogationby the insureras to any claimsagainstthe Associationand itsBoard and propertymanager (ifany),and againstany Owner or guestof any Owner; (b)A standardmortgagee clause,except thatthe losspayment provisionshallbe subjectto theterms of Article9 of thisRestatedDeclaration; (c)A provisionthatno policymay be canceled,invalidated,or suspended because of the actionof an Owner; 23 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch (d)A provisionthatno policymay be canceled,invalidated,or suspended because of the conduct of any director,officer,or employee of theAssociationunless theinsurergives theAssociationa priorwrittendemand thattheAssociationcorrectthedefect and allowstheAssociationa reasonabletime to make thecorrection; (e)A provisionthatthepolicyisprimary inthe event an Owner has otherinsurancecoveringthe same loss; (f)A provisionthatthepolicycannot be canceledor substantially modified withoutatleastten (10)days'priorwrittennoticeto allinsureds;and (g)A provisionthatany adjustment ofthelosswillbe made by the Association,and thatallproceeds thereofshallbe paid toeitherthe Associationor an insurance trustee,as provided inArticle9 of thisRestatedDeclaration. The Board may by resolutiondetermine the amount of deductibleforsuch insurancepolicy,based on availabilityand costs.Owners shallbe responsibleforthedeductible to theextentthatitisdetermined they,theirtenantsor guestsareresponsibleforthe damage caused tothe Common Maintenance Areas or otherpropertiesthatthe Associationinsures. 8.1.2 LiabilityInsurance.The Associationshallatalltimes maintain commercial generalliabilityinsurancecoveringthe Common Areas and Common Maintenance Areas (including,but not limitedto,theParks)with limitsof lossof not lessthan $1,000,000 combined singlelimitforpersonalinjuryor propertydamage (suchpolicylimitstobe reviewed atleastannuallyby the Board and increasedinitsdiscretion),insuringtheAssociation,all Ownets,and any managing agent againstliabilityto thepublicor to individualOwners,subject to a commercially reasonabledeductible. 8.1.3 Workers and Employers Insurance.The Associationshallobtainand maintain atalltimes worker's compensation and employer's liabilityinsurancetotheextent requiredby applicablelaws. 8.1.4 FidelityBonds.The Board shallobtainand maintain atalltimes fidelity bonds naming theBoard and allotherofficers,directorsand employees of theAssociation handling or responsibleforfunds of or administeredby theAssociation.Ifa management agent has the responsibilityforhandling or administeringfunds of theAssociation,themanagement agent willbe requiredto maintain fidelitybond coverage foritsofficers,employees and agents responsibleforsuch funds.In no event may the aggregateamount of such bonds be lessthan a sum equal tothree(3)months Annual Assessments.The bonds must containwaivers by the issuersof thebonds of alldefensesbased upon the exclusionof persons servingwithout compensation from thedefinitionof "employees,"or similarterms or expressions. 8.1.5 InsuranceAgainst Loss of Association'sPersonalProperty.The Associationshallobtainand maintain atalltimes insuranceagainstlossof personalpropertyof 24 -Amended and Restated DeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch the Associationby fire,theft,and otherlosses,with deductibleprovisionsas the Board deems advisable. 8.1.6 Other Insurance.Such otherinsuranceasthe Board deems advisable; provided,however,thatnotwithstandingany otherprovisionsherein,theAssociationshall continuouslymaintain in effectsuch property,flood,and liabilityinsuranceand a fidelitybond meeting the insuranceand fidelitybond requirements forplanned community projects establishedby theFederal NationalMortgage Association,Government NationalMortgage Association,FederalHome Loan Mortgage Corporation,or othergovernmental or quasi- governmental agency involved in the secondary mortgage market,so long as such agency isa Mortgagee,an insureror guarantorof a Mortgage,or Owner of a Lot,except tothe extentsuch coverage isnot availableor has been waived inwritingby such agency. 8.2 Owners'Insurance Coverage.Each Owner shallobtainand maintain a homeowner's insurancepolicycovering allinsurableimprovements locatedon itsLot and liabilityresultingfrom use or ownership of the Lot.The insurancecoverage maintained by the Associationshallnot be brought intocontributionwith the insuranceobtainedby an Owner under thisSection. 8.3 Builders'Insurance Coverage.Each Buildershallmaintain thefollowing msurance coverages: 8.3.1 LiabilityInsurance.Commercial generalliabilityinsurancewith limits of lossof not lessthan $1,000,000 combined singlelimitforpersonalinjuryor propertydamage, subjectto a commercially reasonabledeductible. 8.3.2 Automobile Insurance.Automobile liabilityinsurancecoveringowned, hired,and non-owned vehiclesin an amount of not lessthan $500,000 per occurrence. 8.3.3 Workers and Employers Insurance.Worker's compensation and employer's liabilityinsuranceto theextentrequiredby applicablelaws. 8.3.4 Additionalrequirements.Each insurancepolicyrequiredtobe maintained by a Builderunder Sections8.3.1and 8.3.2above shallname Declarantand the Associationas additionalinsuredsand shallbe endorsed (ifnecessary)to insuretheBuilder's indemnificationobligationunder Section 8.4below.Each Buildershallprovide a certificateof insuranceevidencingcompliance with thisSectiontoDeclarantand the Associationpriorto commencing any preparatoryor constructionactivitieson any Lot,upon request,and upon renewal or issuanceof new policies. 8.4 Builders'Indemnification.Each Builderagreesto indemnify,defend and hold Declarantand theAssociationharmless from and againstany claims,demands,actions,suits, judgments,losses,damages,penalties,fines,costs,or expenses,includingattorneys'fees (collectivel,"Claims")arisin from or relatin to theactivitiesof theBuilderand its 25 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch employees,agents,consultants,contractorsand supplierswithintheSubdivision;or (b)the Builder'sfailuretocomply with theterms and conditionsof thisRestatedDeclaration,except to the extentof any Claims caused by the grossnegligenceor intentionalactsofpartyclaiming protectionunder thisindemnification. ARTICLE 9-DAMAGE OR DESTRUCTION 9.1 Common Areas.Ifany improvements within the Common Areas aredamaged or destroyedby fireor casualty,therepair,restorationor ultimatedispositionof any insurance proceeds shallbe inaccordance with thefollowing: (a)Ifthe insuranceproceeds derivedfrom such lossamount to $75,000 or less,then the Board shallcontractwith any licensedcontractoror contractorstorebuildorrepair such damage or destroyedimprovements in conformance with theoriginalplansand specifications,or ifadherence to such originalplans and specificationsisimpracticablein the Board's opinion,thenin conformance with revisedplans and specificationsprovided such repairsor rebuildingshallbe of a qualityand kind substantiallyequivalenttotheoriginal construction.The Board shallacceptbids only in specificamounts and shallnot enterintoany cost-plusor otherslidingscalearrangement forcompensation to the contractor. (b)Ifthe insuranceproceeds derived from such lossexceed $75,000,allsuch insuranceproceeds shallbe paid directlytoan insurancetrusteeas may be designatedby the Board,as trusteeforallaffectedOwners and theirrespectiveFirstMortgagees,as theirinterests may appear.The insurancetrusteeshalldisbursethe insuranceproceeds periodicallyas constructionprogresses,subjectto satisfactionof the followingconditions: (i)Upon notificationof the receiptof insuranceproceeds by the insurancetrustee,the Board shallenterintoa contractfora specificdollaramount with a licensedcontractoror contractorfortherepairorrebuildingof allof the damaged ordestroyed improvements,asnearlyas practicableto the originalplansand specificationsthereofand in accordance with allapplicablebuildingcodes. (ii)The Board shallenterintosaidcontractwith a licensedcontractor or contractorswhich shallhave provisionsforperiodicdisbursementsof funds by theinsurance trustee.Disbursements tothecontractorshallbe made subjectto thepriorpresentationof an architect'scertificatecontainingsuch provisionsas may be appropriateinthe circumstancesand deemed suitableby the Board,along with customary lienwaivers. (iii)The Board shallemploy a licensedarchitecttosupervisetherepair and rebuildingtoinsurethatsuch work,servicesand suppliesare of proper qualityand that constructioniscontemplated ina workmanlike manner and accordingto plansand specifications. (c)Iftheproceeds of insurancemaintained by theAssociationarenot sufficienttodefraythe estimatedcostsof reconstructionand repair,or ifatany time during 26 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch reconstructionand repair,or upon completion of reconstructionand repair,the funds forpayment of the coststhereofareinsufficient,assessments shallbe made againstallOwners in sufficient amounts to provide funds forthe payment of such costs.The foregoingprovisionsof this subparagraph areapplicabletotherepairsand reconstructionto be undertaken by the Association. (d)Ifthe amount of availableinsuranceproceeds exceed the costof any such reconstructionor repair,the excess shallbe paid tothe Associationand appliedby ittoreduce the common expenses of theAssociation. 9.2 Units.Ifallor any portionof a Unit or any otherImprovements locatedon an Owner's Lot is/aredamaged by fireor othercasualty,the Owner thereofshalleither(a)restore the damaged Improvements or (b)remove alldamaged Improvements,includingfoundations, and leavethe Lot ina cleanand safecondition.Any restorationproceeding under (a)above must be performed so thatthe Improvements are in substantiallythe same conditioninwhich they existedbeforethedamage or destruction,unlesstheowner complies with theprovisionsof Article7.The Owner must commence such work within sixty(60)days afterthe damage or destructionoccurs and must complete thework within six(6)months thereafter. ARTICLE 10-CONDEMNATION Whenever allor any partoftheCommon Areas shallbe taken (orconveyed in lieuof and under threatof condemnation by the Board actingon itsbehalfor on thewrittendirectionof all Owners subjecttothe taking,ifany,)by any authorityhaving the power of condemnation or eminent domain,each Owner shallbe entitledto noticethereofand toparticipateinthe proceedings incidenttheretounlessotherwiseprohibitedby law.The award made forsuch takingshallbe payable to the Associationas trusteeforallOwners and FirstMortgagees,as their interestsmay appear,tobe disbursedas follows: (a)Ifthetakinginvolvesa portionof the Common Areas on which improvements have been constructed,then,unlesswithin sixty(60)days aftersuch takingthe Declarantand atleastseventy-fivepercent(75%)of the Class A members of theAssociation shallotherwiseagree,the Associationshallrestoreor replacesuch improvements so taken on the remaining landincludedin the Common Areas tothe extentlandsareavailabletherefore,in accordance with plans approved by the Board of the Association.Ifsuch improvements are tobe repairedor restored,the provisionsin Section9.1 regardingdisbursement of insuranceproceeds in respecttocasualtydamage or destructionshallapply. (b)Itthetakingdoes not involve any improvements on theCommon Areas,or ifthereisa decisionmade not to repairor restore,or iftherearenet funds remaining aftersuch restorationor replacement iscompleted,then such award or net funds shallbe paidto the Associationand appliedby itto reduce the common expenses. ARTICLE 11-USE RESTRICTIONS 27 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 11.1 ResidentialUse.Lots shallonly be used forresidentialpurposes.No trade, craft,business,profession,commercial,or similaractivityof any kind shallbe conducted on any Lot,and no goods,equipment,vehicles,materials,or suppliesused in connectionwith any trade, service,orbusinessshallbe kept or storedon any Lot.Nothing inthisSection 11.1 shallbe deemed toprohibit(a)activitiesrelatingto the saleof residences;(b)therightof Declarantor any contractoror homebuilder (includinga Builder)to constructUnits on any Lot,to store constructionmaterialsand equipment on such Lots inthenormal course of construction,and to use any Unit as a salesofficeor model home forpurposes of salesinthe Subdivision;(c)the rightof theOwner of a Lot to maintain such Owner's personalbusinessor professionallibrary, keep such Owner's personalbusinessor professionalrecordsor accounts,handle such Owner's personalbusinessor professionaltelephonecalls,or conferwith businessor professional associates,clients,or customers in such Owner's residence;(d)residentialday care facilities,or (e)garage sales,provided thatno Owner may conduct more than three(3)garage salesin any twelve (12)month period and no individualgarage salemay exceed three(3)days inlength. 11.2 No Tree Removal.No treesidentifiedforpreservationon the approved tree removal permit orlandscaping plan forthe Subdivision,nor any newly plantedtreesused to meet the conditionsof approval forthe Subdivision,may be removed without thepriorwritten approvalof the City.Any Owner desiringtoremove a treefrom hisor her Lot isrequiredto confirm with theCitythatsuch treeisnotrequiredto be maintained on theapproved tree removal permit orlandscapeplan forthe Subdivision,as thesame may be amended or modified from time totime. 11.3 No Improvements or FiH Material.No Owner may place or constructany Improvements over the utilityeasements locatedon hisor her Lot (asshown on the Plator any separateeasement agreement or dedicationnow existingor hereaftergrantedpursuant to the terms of thisRestatedDeclaration),or fillor alterthe drainage swales or any otherstorm water facilitieslocatedon hisor her Lot. 11.4 Rental Restrictions.An Owner shallbe entitledto rentorleasehisor her Unit, subjectto the following: 11.4.1 Written RentalAgreements.A writtenrentalor leaseagreement is required,specifyingthat:(i)the tenantshallbe subjecttoallprovisionsof the Restated Declarationand otherGoverning Documents,and (ii)failureto comply with any provisionof the Restated Declarationand otherGoverning Documents shallconstitutea defaultunder therental agreement. 11.4.2 Minimum RentalPeriod.The period of therentalor leaseisnot less than thirty(30)days;and 11.4.3 Tenant Must Be Given Documents.The Owner gives each tenanta copy of the RestatedDeclarationand otherGoverning Documents. 28 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch 11.4.4 Owner Responsibility.Owner shallbe responsibleforany violationsby tenantsand shallbe solelyresponsibleforeithercorrectingor eliminatingsuch violations,or gettingtenantto do the same. 11.5 Air Conditioning Units.No Owner shallinstall,or permittobe installedor maintained,airconditioningunitsthrough exteriormodificationsof itsUnit or through window openings.The only airconditioningunitsthatwillbe permittedarethose airconditioningunits which areconsideredcentralinnatureand installedon a slab,or similarfooting,inthe rearor sideyard of a Lot outsideof and adjacentto the Unit. 11.6 Nuisances.No noxious or offensiveactivityshallbe carriedout upon any Lot, nor shallanythingbe done thereon which may be ormay become an annoyance or nuisance to theneighborhood. 11.7 Temporary Structures.No structureof a temporary character,including, without limitingthegeneralitythereof,any trailer,tent,carcanopies,shack,garage,barn,motor home or mobile home or otheroutbuilding,and no prefabricatedor relocatedstructureshallbe used on any Lot atany time as a residence,eithertemporarilyor permanently.This restriction shallnot be interpretedtolimitthe rightof Declarantor a Builderto use trailersor outbuildings as salesoffices,constructionoffices,materialstoragefacilities,or sanitationfacilities. 11.8 @ns.No sign,banner orbillboardof any kind may be kept or placed on any Lot or mounted,paintedor attachedto any Unit,fence or otherimprovement so as tobe visiblefrom publicview intheSubdivisionor adjacentpublicstreetor carriedby any person orby any other means displayedwithinthe Subdivisionexcept asprovided below: 11.8.1 "For Sale"Signs.An Owner may erectone (1)signnot exceeding two (2)feetby three(3)feetindimension,fastenedonly to a stakein the ground and extendingnot more than three(3)feetabove the surfaceof the ground advertisingthepropertyforsale. 11.8.2 "For Rent"Signs.An Owner may erectone (1)signnot exceeding three (3)squarefeetinareaadvertisingthepropertyforrent.Such signsshallbe visiblefrom the front of theUnit only,and shallbe displayedfrom withintheUnit.No such signshallbe erected withina lawn or landscapeareaon any Lot,or attachedtothe outsideof the Unit. 29 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch 11.8.3 PoliticalSigns.Politicalsignsmay be erectedupon a Lot by the Owner of such Lot advocatingthe electionof one or more politicalcandidatesorthe sponsorshipof a politicalparty,issueor proposalprovided thatsuch signsshallnot be erectedmore than ninety (90)days in advance of theelectionto which they pertainand areremoved withinfifteen(15) days afterthe election. 11.8.4 SubdivisionIdentificationSigns.Signs may be erectedby theDeclarant to identifythe Subdivision,with approvalfrom thelocaljurisdictionalauthority,ifapplicable. 11.8.5 Flags.The foregoingrestrictionsshallnot be deemed to prohibitthe displayof the flagof the United Statesby an Owner or occupant of a Lot ifthe flagisdisplayed ina manner consistentwith federalflagdisplaylaw,4 U.S.C.(1 etseq. 11.8.6 Declarant'sSigns.Signs,banners and billboardsmay be erectedby the Declarantand areexempt from theprovisionsof thisSection 11.8. 11.8.7 BuilderSigns.A Buildermay erectsignsand banners on any Lot or Unit owned by theBuilderifsuch signsand/orbanners are erectedforthepurpose of marketing and sellingUnits constructedby the Builderon Lots owned by the Builder,subjecttorulesand restrictionsestablishedby Declarantfrom time to time.A Builder may alsoerectssignsand/or banners on the Common Areas tomarket and sellUnits constructedby the Builderon Lots owned by the Builder,provided thatDeclarant authorizesinwriting(inDeclarant'ssole discretion)theerectionof such signsand/or banners on the Common Areas. 11.9 Campers,Boats.Recreational Vehicles and other Non-Passenger Vehicles. Campers,boats,boattrailers,recreationalvehicles,commercial vehicles,or othertypesof non- passenger vehicles,equipment,implements,or accessoriesmay not be kept or storedon any publicstreetwithin the Subdivisionor on any Lot,except asprovided below: 11.9.1 Campers,boats,boat trailers,recreationalvehicles,recreationaltrailers, and othernon-passenger vehicles,equipment,implements,or accessoriesmay be storedorkept within an enclosedgarage,or on the sideof the Unit,provided thatitisfullyscreened from view by a screeningstructureor fencingapproved by the ARC. 11.9.2 Campers,boats,boat trailers,recreationalvehicles,recreationaltrailers, and othernon-passenger vehicles,equipment,implements,or accessoriesmay be temporarily kept on thepublic streetswithinthe Subdivisionor on a paved driveway locatedon a Lot fora period not to exceed forty-eight(48)hours and only forpurposes of cleaning,preparationforuse and unloading. 11.10 Commercial Vehicles.No vehiclesbearing commercial insigniaor names may be parked on the publicstreetswithinthe Subdivisionor on any Lot,except forcommercial vehiclesthataretemporarilyparked on such areasforthe solepurpose of servingan Owner,or those thatareparked within an enclosed garage.The Board,however,shallhave the absolute 30 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch authoritytograntapproval forstoringor keeping a commercial vehicleon thedriveway of a Lot (excludingFutureDevelopment Lots).Notwithstanding the foregoing,the Board shallnot unreasonably withhold consent to keep a commercial vehiclebearing insigniaor names where such vehicleisdrivenby an Owner pursuantto Owner's primary job.Any Owner wishing to keep a commercial vehicleon the driveway of any Lot (excludingFuture Development Lots) shallapply forapproval tothe Board,and shallprovide such informationas the Board,intheir soleauthority,may require.The Board may from time totime intheirsolediscretionreview the approvalto keep a commercial vehicleon the driveway of any Lot (excludingFuture Development Lots)to determine ifthe vehiclecomplies with the intentof the originalapproval. Upon an adverse determinationby the Board,any commercial vehicleshallbe removed and/or otherwisebrought intocompliance with therequirementsof thisSection 11.10. 11.11 Disabled Vehicles or Vehicles in Disrepair.No Owner shallpermit any vehicle thatisin an extreme stateof disrepairtobe abandoned or to remain parked on any streetwithin the Subdivisionor on any Lot fora period inexcessof twenty-four(24)hours. 11.12 Maintenance or Repair of Vehicles.Any maintenance or repairof vehiclesor othermachinery or equipment must takeplace entirelywithin the enclosed garage of an Owner. 11.13 Pets,Livestock and Poultry.No animals,livestockor poultryof any kind shall be raised,bred or kept on any Lot,except forcats,dogs or othergenerallyrecognized household petsof a reasonablenumber,provided thatthey arenot kept,bred,or maintained forany commercial purpose;and provided further,than no more than three(3)adultanimalsmay be kept on a singleLot.All such animals shallbe keptin strictaccordance with alllocallaws and ordinances (includingleashlaws).Owners shallbe responsibleforcleaningup aftertheirpets' waste.No animal shallbe allowed to run atlarge,and allanimals shallbe kept withinenclosed areasforpetswhich must be clean,sanitary,and reasonablyfreeof refuse,insectsand waste at alltimes.Such enclosedareashallbe constructedin accordance with plansapproved by the ARC,shallbe of reasonabledesign and constructionto adequatelycontainsuch animalsin accordance with theprovisionshereof,and shallbe screened so as not tobe visiblefrom any otherportionof the Subdivision. 11.14 Garbage and Refuse Disposal.No Lot shallbe used or maintained as a dumping ground forrubbish.Trash,garbage or otherwaste shallnot be kept,or disposedof,on any Lot exceptin sanitarycontainers.All equipment forthe storageor disposalof such materialshallbe kept in a clean and sanitarycondition.No cans,bags,containersor receptaclesforthestoringor disposalof trash,garbage,refuse,rubble,debris,or recyclablematerialsshallbe stored,kept, placed or maintained on any Lot where visiblefrom any streetexcept solelyon a day designated forremoval of garbage,rubbish,or recyclablematerials,and on which days only such cans,bags, containers,and receptaclesmay be placed in frontof a residenceand besidea streetforremoval, but shallbe removed from view before thefollowingday. 11.15 Detached Buildings.No detached accessorybuildings,including,but not limited to,detached garages and storagebuildings,shallbe erected,placed or constructedupon any Lot 31 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch without the priorwrittenapproval of the ARC.Every outbuilding,inclusiveof such structuresas detached garages,storagebuildings,greenhouses,doghouses,or children'splayhouses,shallbe compatible with the dwellingto which itisappurtenantin terms of itsdesign and material composition. 11.16 Fences and Hedges.Fences,wallsor hedges may be erectedor maintained on any Lot subjectto locallaws and the Design &ConstructionGuidelinesand formal approvalby theARC.No fencesshallbe constructedin the frontyard of any Lot,unlessthe frontyard faces and iscontiguouswith a Common Area or Park.Fences may be erectedalong thepropertyline inthe sideand rearyards of a Lot,provided saidfencingisnot locatedcloserto the streetthan thefrontof theUnit.Refer to the Design &ConstructionGuidelinesformore specific informationregardingapproved fenceheights,restrictions,and materials. Notwithstanding the foregoing,theARC shallhave the rightand authorityto approve variancesforreasonablecause or to alleviatehardship as determined in thesole judgment of the ARC;provided however,theARC may not approve a variancewhich contradictsthe zoning and/orsubdivisionordinancesof the City unlessthe City has previously approved thevariance. Unless otherwiseagreed between Owners,sideand rearyard fencesthatseparate adjacentLots shallbe owned and maintained by theOwner on whose Lot the fenceexists,or if thelocationisindefinite,such fence willbe maintainedjointlyby the Owners of both Lots,with expenses sharedequally.Declaranthereby grantsto each Owner whose Lot containsa fence (and to any Owner where thelocationof the fence in relationto itspropertylineisindefinite)an easement over thoseportionsof theadjacentOwner's Lot as isreasonablynecessaryto maintain the fence,subjecttoreasonableadvance noticeto the adjacentLot Owner. The provisionsof thisSection 11.16 shallnot apply to Declarant. 11.17 General Landscaping.All landscapingmust comply with theapproved landscapingplan and the landscapingrequirementsestablishedby the localmunicipalauthority from time totime,and each Owner isrequiredtohave hisor her landscapingplan approved by theARC.The Owner isresponsibleforlandscapingand maintainingthe areabetween the Owner's propertylineand thestreet(i.e.,the areabetween the sidewalk and streetcurb).All landscapingmust be maintained by the Owner pursuanttothe terms of Section6.2. 11.18 Antennae and SatelliteDishes.No exteriorantennas,satellitedishes, microwave,aerial,tower,or otherdevices forthe transmissionor receptionof television,radio, or otherforms of sound or electromagneticradiationmay be erected,constructed,or placed on any Lot orUnit,unlessthey comply with the Design &ConstructionGuidelinesadopted and are approved by theARC.Refer totheDesign Guideline foradditionalinformationregardingthe applicablerules,regulationsand placement of such devices.Such rulesshallnot unreasonably delay or increasethe costof installation,maintenance,or use or preclude receptionof a signalof acceptablequality(theARC,in itssolediscretion,may determine what constitutesa signalof 32 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch acceptablequality).Such rulesand regulationsmay prohibitinstallationof exteriorsatellite dishesor antennas ifsignalsof acceptablequalitycan be receivedby placingantennasinsidea Unit without causing an unreasonabledelay or costincrease. 11.19 Solar Energy Panels.With the priorwrittenconsentof the ARC,an Owner may installa ground-mounted or roof-mounted SolarEnergy Panel on itsLots. The ARC may adopt additionalrulesand regulationsgoverning the installation,safety, placement,and screeningof a SolarEnergy Panel.For purposes of thisSection,"SolarEnergy Panel"means a aneldevice or s stem or combination of aneldevicesor s stems thatrelieson directsunlightas an energy source,includinga panel deviceor system or combination of panel devicesor systems thatcollectssunlightforuse in theheatingor coolingof a structureor building,theheatingor pumping of water,and the generationof electricity. 11.20 Clothes Hanging Devices.Clotheshanging devicesexteriortoa Unit shallbe temporary,unaffixedstructuresnot toexceed six(6)feetinheight and shallnot be placed nearer to any streetabuttingthe Lot than thesideyard setbacklineor theback of theUnit constructed on the Lot.Clotheshanging devicesshallbe screened from publicview as approved by theARC. 11.21 Window Treatments.Aluminum foil,reflectivefilm,newspapers or similar treatmentsshallnot be placed on windows or glassdoors. 11.22 Oil and Mining Operations.No oildrilling,oildevelopment operations,oil refining,quarryingor mining operationof any kind shallbe permittedupon or inany Lot,nor shalloilwells,tanks,tunnels,mineral excavations,or shaftsbe permittedupon any Lot.No derrickor otherstructuredesigned foruse inboring foroilor naturalgas shallbe erected, maintained or permittedupon any Lot.No tank forthe storageof oilor otherfluidsmay be maintained on any of the Lots above thesurfaceof theground. 11.23 Garages.Garages may be used as Declarant'ssalesofficesbeforepermanent occupancy ofthemain structure;however,salesofficesmust be convertedto garagesbefore permanent occupancy.With the exceptionof periodswhen garages areused by theDeclarantas salesoffices,a garage shallbe maintained solelyforthe storageof automobiles,and no garage may be enclosedor otherwiseused forhabitation(exceptthe second storyof a two-storygarage, ifpermittedby localordinances),nor may any garage door be removed except when necessaryto repairorreplacea garage door with the same type of garage door. 11.24 Setback Lines.All Units and otherstructures(includingfences),permanent or temporary,habitableor uninhabitable,must be constructed,placed and maintained in conformity with setbackstandardsimposed by the localgovernmental jurisdictionalauthority. 11.25 Athleticand Recreational Facilities.Outdoor athleticand recreationalfacilities such as basketballhoops,swing setsand sportcourtsof a permanent nature shallnotbe placed on any Lot inthe Subdivisionbetween the streetand the frontof a Unit;placement ofthese 33 -Amended and Restated Declarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch facilitiesof a permanent natureelsewhere on the Lot must be approved inadvance by theARC. Temporary facilitiesincludingoutdoor athleticand recreationalfacilitiessuch as basketball hoops may be placed on any Lot,provided thatsuch facilitiesareremoved from view when not inuse but not laterthan atthe end of each day.Temporary facilitiesincludingoutdoor athletic and recreationalfacilitiessuch as basketballhoops,hockey goals,etc.shallnot be placed on any streetwithinthe Subdivision. 11.26 Water and Sewage Systems.No individualwater supply system or sewage disposalsystem shallbe permittedon any Lot,includingbut not limitedtowater wells,cesspools or septictanks. 11.27 Exterior Holiday Decorations.Lightsor decorationsmay be erectedon the exteriorof Units incommemoration or celebrationof publiclyobserved holidaysprovided that such lightsor decorationsdo not unreasonably disturbthe peacefulenjoyment of adjacent Owners by illuminatingbedrooms,creatingnoise or attractingsight-seers.Holiday decorations or lightsforany publiclyobserved holidaybetween December 1 and December 31 of any year, may not be displayedbeforeNovember 15thof any year.For otherholidays,decorationsor lights may not be displayedmore than two (2)weeks in advance of theholiday. All lightsand decorationsthatarenot permanent fixturesof theUnit which arepartof the originalconstructionor have been properlyapproved as permanent improvements by theARC shallbe removed within thirty(30)days afterthe holidayhas ended. 11.28 Retaining WaHs.Retainingwallsmay be constructedon a Lot only ifin compliance with any adopted Design &ConstructionGuidelinesand only ifapproved in advance by the ARC.Retainingwallsmay extend intotherequiredfront,sideor rearsetbacklinesof a Lot.The ARC may requireany retainingwall which exceeds two (2)feetin heightbe designed by a qualifiedprofessionalengineerlicensedtopracticeengineeringinthe Stateof Montana. Retainingwallsconstructedby theDeclarantshallbe exempt from thisSection 11.28. 11.29 Household Chemicals.Owners shallbe prohibitedfrom dumping or otherwise disposingof household chemicals withinthe Property,including,but not limitedto,cleaning agents,automotive fluids,paint,solventsand othertoxicchemicals. 11.30 Prohibited Plants.Owners shallbe prohibitedfrom plantingthe following speciesof plantson the Lots: (a)Cystisusscoparius,commonly known as Scotch broom; (b)Hedera helix,commonly known as English ivy; (c)Lythrum salicaria,commonly known as purpleloosestrife; (d)Phalarisarundinacea,commonly known asreed canary grass;and 34 -Amended and Restated Declarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch (e)Rubus discolor,commonly known as Himalayan blackberry. 11.31 Rezoning Prohibited.No Owner may apply to thelocalzoning authorityto rezone a Lot to any classificationallowingcommercial,institutionalor othernon-residentialuse. This restrictionshallnot apply toDeclarantor torezoning of a Future Development Lot priorto constructionof theinitialUnits on a Future Development Lot. 11.32 Lot Consolidation and Division.The Owner of two adjoiningLots,with the approval oftheARC and appropriatemunicipal authority,may electto consolidatesuch Lots intoone Lot.Such consolidationissubjectto any applicablemunicipal ordinances,and the ARC may impose reasonableconditionsand restrictionson grantingapproval of the Lot consolidation, including(butnot limitedto)imposing additionalmaintenance and landscapingrequirements and imposing additionallimitationson use of the consolidatedLot.The Lot consolidationwill be effectiveupon recordinginthe OfficialRecords of GallatinCounty,Montana a declarationof the Owner statingthatthe two Lots areconsolidated.The declarationwillincludea written consent tothe Lot consolidationexecuted on behalfof the ARC by atleastone member thereof and shallcontaina descriptionof any restrictionsand conditionsimposed as a conditionof such approval.Thereafter,and except ifotherwiseprovided by theARC as a conditionofits approval,the consolidatedLots willconstituteone Lot forallpurposes under thisDeclaration, including(butnot limitedto)votingrightsand assessments.No Lot may be furthersubdivided. This restrictionshallnot apply to Declarantor to subdivisionof a FutureDevelopment Lot prior to constructionof theinitialUnits on theFuture Development Lot. 11.33 Drainage AlterationProhibited.The surfacewater drainage contoursof each Lot shallconform totheapproved gradingplan establishedby theDeclarant.No Owner shallfill or alterany drainageswale establishedby the Declarant,nor shallany Owner installlandscaping orotherimprovements thatdivertsurfacewater runofffrom the drainagepatterns,swales and easements establishedby the Declarantwithout thepriorwrittenapproval of the ARC. ARTICLE 12-SPECIAL DECLARANT AND BUILDER RIGHTS In additionto any rightsor easements reservedto Declarant or Builderselsewhere in this Restated Declarationor any of the otherGoverning Documents,Declarantand/orBuilders(as applicable)shallhave the followingrightsinrespecttothe Subdivision: 12.1 Development and Sales Activities. 12.1.1 So long as Declarantowns any Lot withinthe Subdivision,Declarant shallhave therightto constructand maintain upon portionsof the Common Areas and any Lots owned by Declarantsuch facilitiesand activitiesas Declarant,initssoleopinion,may requireor desirein connection with the constructionand saleof Units and Lots withinthe Subdivision, including(butnot limitedto)businessand constructionoffices(withinUnits or in freestanding trailers);signs,banners and flags;model units;and salesoffices(withinUnits or in freestanding 35 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch trailers),subjectto compliance with governmental ordinances.Declarantshallalsohave easements foraccessto and use of the Common Areas forsuch facilitiesatno charge. 12.1.2 So long as a Builderowns any Lot withinthe Subdivision,theBuilder shallhave the rightto constructand maintain upon any Lot owned by the Builder such facilities and activitiesastheBuilderreasonablyrequiresor desiresinconnection with the construction and saleof Units on Lots owned by theBuilder,including(butnot limitedto)businessand constructionoffices(withinUnits or in freestandingtrailers);signs,banners and flags(subjectto Section 11.8.7);model Units;and salesoffices(withinUnits or in freestandingtrailers),subject torulesand restrictionsestablishedby Declarantfrom time totime and subjectto compliance with governmental ordinances. 12.2 Control of and Changes in Development Plan.Every Owner,by acceptanceof the deed to theirLot,acknowledges thatthe Subdivisionisa multi-phasedmaster planned community,the development of which islikelytoextend over many years,and thatchanges in themaster plan willlikelyoccur as the development of the Subdivisionproceeds.EACH OWNER WAIVES THE RIGHT TO PROTEST,CHALLENGE OR OTHERWISE OBJECT TO CHANGES MADE OR PROPOSED BY DECLARANT IN THE DEVELOPMENT PLAN FOR THE SUBDIVISION OR IN THE USES,DENSITY,BUILDING RESTRICTIONS,OR USE RESTRICTIONS APPLICABLE TO THE PROPERTY BEYOND THE BOUNDARIES OF THAT SHOWN ON THE RECORDED SUBDIVISION PLAT FOR THE PHASE WITHIN WHICH SUCH OWNER'S LOT IS LOCATED.The rightsand limitationssetforthinthis Section12.2 shallcontinuein effectuntilDeclarantno longerowns any Lot withinthe Subdivision. 12.3 Right to Transfer or Assian Declarant Rights.Any or allof Declarant'sspecial rightsand obligationssetforthinthisRestatedDeclarationor any otherGoverning Documents may be transferredin whole or inpartby Declarantby writteninstrumentexecuted and acknowledged by Declarantand recorded intherealpropertyrecordsforGallatinCounty, Montana.The foregoingsentenceshallnot precludeDeclarantfrom permittingotherpersons to exercise,on a one time or limitedbasis,any rightreservedtoDeclarantinthisRestated Declarationwhere Declarantdoes not intendtotransfersuch rightinitsentirety,and in such case itshallnot be necessarytorecordany writtenassignment unlessnecessarytoevidence Declarant'sconsent tosuch exercise. ARTICLE 13-ANNEXATION AND REMOVAL 13.1 Annexation by Declarant.Declarantmay from time totime and initssole discretionannex tothe Subdivisionas "AdditionalProperty"any realpropertynow orhereafter acquiredby it,and may alsofrom time totime initssolediscretionpermit otherowners of real propertytoannex therealpropertyowned by them intotheSubdivision.The rightsreserved unto Declarantto subjectadditionalrealpropertytothe RestatedDeclarationshallnot be implied or construed so as to impose any obligationupon Declarantto subjectany of such additionalreal propertytothisRestatedDeclarationor tothejurisdictionof the Association,nor any obligation 36 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch tobuild improvements of any kind on any annexed realproperty.The annexation ofsuch real propertyshallbe accomplished as follows: (a)The owner or owners of such realpropertyshallrecordan amendment to thisRestatedDeclarationwhich shallbe executed by orbear the approval of Declarantand shall, among otherthings,describethe realpropertytobe annexed,establishland classificationsforthe AdditionalProperty,establishany additionalor differentlimitations,uses,restrictions,covenants and conditionswhich are intendedtobe applicableto such property,determine whether such propertywillbe subjectto allexistinguses,restrictions,covenants and conditions,and declare thatsuch propertyisheld and shallbe held,conveyed,hypothecated,encumbered,used, occupied and improved subjectto thisRestatedDeclaration.Any such annexationshallbe effectiveupon thefilingforrecord of such amendment to thisRestated Declarationinthe OfficialRecords of GallatinCounty,Montana,unlessotherwiseprovided therein. (b)The propertyincluded in any such annexation shalltherebybecome a part of the Subdivisionand bound by the terms of thisRestatedDeclaration,and Declarantand the Associationshallhave and shallaccept and exerciseadministrationof thisRestatedDeclaration with respectto such AdditionalProperty. (c)Notwithstanding any provisionapparentlyto the contrary,an amendment tothisRestatedDeclarationwith respectto any AdditionalPropertymay: (i)establishsuch new land classificationsand such limitations,uses, restrictions,covenants and conditionswith respectto such AdditionalPropertyas Declarantmay deem tobe appropriateforthe development of the AdditionalProperty;and (ii)with respectto existingland classifications,establishadditionalor differentlimitations,uses,restrictions,covenants and conditionswith respecttosuch Additional Propertyas Declarantmay deem to be appropriateforthedevelopment of such Additional Property. (d)There isno limitationon thenumber of Lots which Declarantmay create or annex to the Subdivision,except as may be establishedby applicableordinancesof the local governmental authority.Similarly,thereisno limitationon therightof Declaranttoannex Common Area,except as may be establishedby applicableordinancesof the localgovernmental authority.Declarant'srightto annex realpropertyintothe Subdivisionshallterminateon the Conversion Date. (e)Upon annexation,additionalLots so annexed intotheSubdivisionshallbe entitledtovotingrightsas setforthinArticle2 above. (f)The formula tobe used forreallocatingthe common expenses ifadditional Lots areannexed intotheSubdivisionissetforthinArticle3 above. 37 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch (g)No consent orjoinderof any Class A member or otherpartyexcept the recordowner of theland being annexed shallbe necessaryto effectany annexationmade pursuantto thisSection13.1. 13.2 Annexation by Action of Owners.At any time aftertheTurnover Meeting,the Board may requestapproval of the Owners forthe annexationof additionalpropertyintothe Subdivisiontobe subjectto allof the terms of thisRestated Declarationtothesame extentas if originallyincludedherein.No such annexation shallbe effectiveunlessapproved by atleast sixtypercent(60%)of the vote of theOwners,and the consent of the Declarantso long as the Declarantisa ClassB member.Any propertythatisadjacenttoor contiguous with existing propertysubjecttothisRestatedDeclaration(even ifsuch propertyislocatedacrossa street) may be annexed heretoaccording to the foregoingrequirements;provided,however,thatno such annexation shallbe effectivewithout the consent and joinderof the owners of the propertytobe annexed.Such annexation shallbe evidenced by an amendment tothisRestatedDeclaration signedby the presidentand secretaryof theAssociationcertifyingthatthe amendment was adopted inaccordance with thisRestated Declaration,acknowledged inthemanner provided for acknowledgment of deeds,and recorded inthe OfficialRecords of GallatinCounty,Montana. For purposes of votingon an annexation pursuanttothisSection 13.2,Declarantshallbe treated as a Class A member with one (1)vote per Lot owned. 13.3 Removal by Declarant.Declarantmay from time to time and in itssole discretionremove or withdraw any partof thePropertyfrom the Subdivision,provided that Declarantobtainsthe writtenconsent of the owner of the realpropertyremoved from the Subdivision.The removal of a partof theProperty shallbe accomplished as follows: (a)The owner or owners of such realpropertyshallrecordan amendment to thisRestatedDeclarationwhich shallbe executed by or bear the approval of Declarantand shall, among otherthings,describetherealpropertytobe removed from the Subdivisionand declare thatsuch realpropertyisno longer subjecttothe terms of thisRestatedDeclaration.Any such removal shallbe effectiveupon the filingforrecordof such amendment to thisRestated Declarationinthe OfficialRecords of GallatinCounty,Montana,unlessotherwiseprovided therein. (b)The propertyremoved from the Subdivisionshallno longerbe bound by the terms ofthisRestatedDeclarationand thisRestatedDeclarationshallno longerencumber such removed property. (c)The Lots removed from theSubdivisionshallhave no votingrightsinthe Associationunder Article2 above from and aftertheeffectivedateof such removal.The Lots remaining inthe Subdivisionafterthe removal,however,shallcontinueto have thevotingrights setforthin saidArticle2. (d)The formula thatwillbe used forreallocatingthe common expenses if Lots areremoved from the SubdivisionissetforthinArticle3 above. 38 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch (e)There isno limitationon the realpropertythatDeclarantmay remove from the Subdivision,provided thatDeclarantcomplies with therequirementsof thisSection 13.3.Declarant'srightto remove realpropertyfrom the Subdivisionshallterminateon the Conversion Date. (f)No consent orjoinderof any Class A member or otherpartyexcept the recordowner of the realpropertybeing removed from the Subdivisionshallbe necessaryto effectany removal made pursuanttothisSection 13.3. ARTICLE 14-MORTGAGEES 14.1 Notice of Delinquency.An institutionalholder,insureror guarantorof a Mortgage who provides a writtenrequestto theAssociationwillbe entitledto timelywritten noticeof any delinquency inthepayment of an assessment or failuretoperform any other obligationunder the Governing Documents by the Owner of a Lot subjectto itsMortgage which isnot cured within sixty(60)days. 14.2 Reimbursement of FirstMortgagees.FirstMortgagees may,jointlyor singly, pay taxesor othercharges which arein defaultand which may or have become a charge against theCommon Areas and may pay overdue premiums on casualtyinsurancepoliciesor securenew casualtyinsurancecoverage upon thelapseof an Associationpolicy.FirstMortgagees making such payments shallbe entitledtoimmediate reimbursement from theAssociation. ARTICLE 15-AMENDMENT 15.1 General Amendments. 15.1.1 Except as otherwise specificallyprovided inthisArticle,theRestated Declarationmay only be amended by Owners holding atleastseventy-fivepercent(75%)of the votesof the Association,and theconsent of theDeclarantso long as theDeclarantisa ClassB member.In no event shallan amendment under thisSection15.1,limitor diminishany rightof DeclarantreservedinthisRestatedDeclarationwithout thewrittenconsentof Declarant. 15.1.2 An amendment tothisRestatedDeclarationmay be proposed by a majorityoftheBoard or by atleastthirtypercent(30%)of the Owners. 15.1.3 Upon approvalof an amendment asprovided herein,thepresidentand secretaryof the Associationshallexecute an instrumentamending thisRestatedDeclarationand certifyingthattheamendment was adopted inaccordance with thisRestatedDeclaration,which certificationshallbe properlyacknowledged inthe manner of acknowledgment of deeds,and the Board,or otherduly appointed and authorizedpersons,shallrecordthe instrumentamending this RestatedDeclarationin theOfficialRecords of GallatinCounty,Montana.No amendment to thisRestatedDeclarationiseffectiveuntilrecorded,and the effectivedateof an amendment is thedateof recording,unlessa laterdate isindicatedin such amendment. 39 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch 15.2 Declarant Amendments.In additionto specificamendment rightsgranted elsewhere inthisRestated Declaration,the Declarantreservestherighttounilaterallyamend this RestatedDeclarationforany purpose untilconveyance of thefirstLot inthe Subdivisiontoa person otherthan Declarant.Thereafter,Declarantmay unilaterallyamend thisRestated Declarationifsuch amendment isnecessaryto (a)bringthisRestated Declarationinto compliance with any provisionof law,including(butnot limitedto)regulatoryamendments permittedby Section 15.3;(b)correctscriveners'or clericalerrors;(c)add AdditionalProperty pursuantto Section 13.1;or (d)remove partof the Propertyfrom the Subdivisionpursuantto Section 13.3.Declarant shallalsohave therightto unilaterallyamend thisRestatedDeclaration forany otherpurpose priortothe Turnover Date provided thattheamendment has no material adverseeffectupon the rightsof any Owner,unlesssuch Owner consentsto such change in writing. 15.3 Regulatory Amendments.Notwithstanding any otherprovisionsof thisArticle 15,Declarantshallhave the righttounilaterallyamend thisRestatedDeclarationpriorto the Tumover Meeting in ordertocomply with therequirementsof the FederalHousing Administration,the United StatesDepartment of Veterans Affairs,theFarmer's Home Administrationof theUnited States,theFederalNationalMortgage Association,the Government NationalMortgage Association,theFederalHome Mortgage Loan Corporation,any department, bureau,board,commission or agency of theUnited Statesor the Stateof Montana or any corporationwholly owned,directlyor indirectly,by theUnited Statesorthe StateofMontana which insures,guaranteesor providesfinancingfora planned community or lotsin a planned commumty. ARTICLE 15-REMEDIES 16.1 Remedies.Ifany defaultby any Owner under the provisionsoftheRestated Declarationor otherGoverning Documents shalloccur,theAssociationand any Owner shall have each and allof therightsand remedies which may be provided forinthisRestated Declarationand any of theotherGoverning Documents,and those which may be availableatlaw or inequity,and may prosecuteany actionor otherproceedings againstsuch defaultingOwner and/orothersforenforcement of any lien,statutoryor otherwise,includingforeclosureof such lienand the appointment of a receiverforthe Lot and ownership interestof such Owner,or for damages orinjunction,or specificperformance,or forjudgment forpayment of money and collectionthereof,or forany combination of remedies,or forany otherrelief.No rightsor remedies hereinprovided or availableatlaw or inequityshallbe deemed mutually exclusiveof any othersuch remedy.Any and allof rightsand remedies may be exercisedatany time and from time to time,cumulativelyor otherwise,by theAssociationor any Owner. To theextentallowed by law,notwithstandingany otherprovisionof thisRestated Declarationor otherGoverning Documents,theAssociationshallnot expend in excess of $5,000 forattorneyfeesand costsforany reasonunlesssuch expenditureisfirstapproved by Owners holding atleastfiftypercent(50%)of the vote rightsintheAssociation.The foregoing limitationshallnot apply to actionsfordelinquentassessmentsor otherchargesunder this 40 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch RestatedDeclarationor the Goveming Documents;actionsto appointa receiver;actionsto summarily abate,enjoinand remove a structureor conditionthatviolatesthisRestated Declarationor theotherGoveming Documents;or forthedefenseof theAssociationof an action orproceeding brought againstthe Association(exceptfornon-mandatory counterclaims). All expenses of theAssociationin connectionwith any actionsor proceedings,including courtcostsand attorneys'feesand otherfeesand expenses,and alldamages,liquidatedor otherwise,togetherwith interestthereonatthemaximum ratepermittedby law from the due date untilpaid,shallbe charged to and assessedagainstsuch defaultingOwner,and shallbe added to and deemed partofhisorher respectiveassessment (tothe same extentas the lienprovided hereinforunpaid assessments)upon the Lot and upon allof hisadditionsand improvements thereto,and upon allof hispersonalpropertyupon the Lot. 16.2 Attornevs'Fees.Ifan actionor proceeding iscommenced to enforcethe terms of thisRestatedDeclaration,the prevailingparty shallbe entitledtoitsattomey feesand costsin such suitor actiontobe fixedby thetrialcourt,and inthe eventof an appeal,thecostof the appeal,togetherwith reasonableattomey fees,to be setby theappellatecourt.In addition thereto,theAssociationshallbe entitledto itsreasonableattomey feesincurredin any enforcement activitytakento collectdelinquentassessments,whether or not suitor actionis filed. ARTICLE 17-GENERAL TERMS 17.1 Term.The covenants and restrictionsof thisRestatedDeclarationshallrun with and bind the land fora term of twenty (20)years from thedatethisRestatedDeclarationis recorded,afterwhich time they shallbe automaticallyextended forsuccessiveperiodsof twenty (20)yearsunlessamended or terminatedas provided inArticle14. 17.2 Rights and Obligations.The provisionsof thisRestatedDeclarationand the otherGoveming Documents and therightsand obligationsestablishedtherebyshallbe deemed tobe covenants running with the land and shallinureto thebenefitof,and be bindingupon,each and allof the Owners and theirrespectiveheirs,representatives,successors,assigns,purchasers, granteesand Mortgagees.By therecordingor the acceptanceof a deed conveying a Lot or any ownership interestin theLot whatsoever,theperson towhom such Lot or interestisconveyed shallbe deemed to accept and agreetobe bound by and subjectto allof the provisionsofthis RestatedDeclarationand theotherGoverning Documents,whether or not mention thereofis made in saiddeed. 17.3 Waiver.No restriction,condition,obligationor provisioncontainedinthis RestatedDeclarationshallbe deemed to have been abrogated or waived by reason of any failure toenforcethe same,irrespectiveof thenumber of violationsor breaches thereofthatmay have occurred and thenumber of times thatthepertinentrestriction,condition,obligationor provision was not enforced. 41 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 17.4 Sever ability.Invalidationorpartialinvalidationof any provisionof thisRestated Declarationshallnot affectany of theremaining provisionsof the RestatedDeclaration. 17.5 Personal Pronouns.All personalpronouns used in thisRestatedDeclaration, whether used inthe masculine,feminine orneutergender,shallincludeallothergenders;the singularshallincludethe plural,and viceversa. 17.6 Headings.The headings containedin thisRestatedDeclarationareforreference purposes only and shallnot inany way affectthemeaning or interpretationof thisRestated Declaration. 17.7 Conflicts.Ifthereisa conflictbetween the terms of thisRestatedDeclaration and any otherGoverning Documents,thisRestatedDeclarationshallcontrol. 17.8 Security.The Associationmay,but isnot obligatedto,maintainor support certainactivitieswithinthe Subdivisiondesigned toincreasesecuritywithinthe Subdivision. NEITHER THE ASSOCIATION NOR THE DECLARANT SHALL IN ANY WAY BE CONSIDERED INSURERS OR GUARANTORS OF SECURITY WITHIN THE SUBDIVISION,AND NEITHER PARTY SHALL BE LIABLE FOR ANY LOSS OR DAMAGE BY REASON OF FAILURE TO PROVIDE ADEQUATE SECURITY OR INEFFECTIVENESS OF SECURITY MEASURES UNDERTAKEN. 17.9 Termination of Original Declaration.Declaranthereby terminatesthe Original Declarationsuch thatthe OriginalDeclarationno longerencumbers any partoftheProperty. IN WITNESS WHEREOF,Declar nthas executed and deliveredthisRestated Declarationas of the day of ,2011. DECLARANT: NORTON PRO ERTIES,LLC, an Oregon L e bilityCompany ACKNOWLEDGMENT 42 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged beforeme this\#day of NT', 2011,by Kevin Spencer,theManager of NORTON PROPERTIES,LLC,an Oregon limited liabilitycompany,on behalfof the company. NOTARY PUBLIC-OREGON Notary Public in and forthe Stateof OregonCOMMISSIONNO.458862 MYcomissioNExPIRESJULY182015 My Commission expires:1-tb -&\$ [Signaturescontinueon the followingpage] 43 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch NORTON RA H HOMES,LLC, an Oregon Li te abilityCompany By: Name:/EV SE ^'d Title:9;10 yd ACKNOWLEDGMENT STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged beforeme this\day of Otto , 2011,by Kevin Spencer,the=hdembe.of NORTON RANCH HOMES,LLC,an Oregon limited liabilitycompany,on behalfof the company.*Manager -PrintName:At MLq 0 .6 Le KIMB L G RIE Notary Publicin and forthe Stateof Oregon NOTARY PUBUC-ORE$ON My Commission expires:T -\$.20\6COMMISSIONNO.458862 MY COMMISSIONEXPIRESJULY18201 44 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch EXHIBIT A PROPERTY SUBJECT TO RESTATED DECLARATION Real propertylocatedin theCity of Bozeman,County of Gallatinand Stateof Montana,being more particularlydescribedas follows: Norton East Ranch SubdivisionPhase 1,recorded on February 16,2011,asDocument Number 2382592 in the OfficialRecords of GallatinCounty,Montana. EXHIBIT A EXBIBIT BYLAWS OF NORTON RANCH COMMUNITY ASSOCIATION TABLE OF CONTENTS Page ARTICLE I NAME AND LOCATION........................................................................................1 ARTICLE IIDEFINITIONS ........................................................................................................1 2.1 "Association"...........................................................................................................1 2.2 "Board"....................................................................................................................1 2.3 "Conversion Date"...................................................................................................1 2.4 "Declarant"..............................................................................................................1 2.5 "Declaration"...........................................................................................................1 2.6 "Director".................................................................................................................1 2.7 "Governing Documents"..........................................................................................2 2.8 "Lot"........................................................................................................................2 2.9 "Member"................................................................................................................2 2.I0 "Owner"...................................................................................................................2 2.11 "Plat"........................................................................................................................2 2.12 "Property"................................................................................................................2 2.13 "Turnover Meeting".................................................................................................2 2.14 Other Terms .............................................................................................................2 ARTICLE IIIMEMBERSHIP AND VOTING RIGHTS ............................................................3 3.1 Membership .............................................................................................................3 3.2 Suspension...............................................................................................................3 3.3 Voting Rights...........................................................................................................3 ARTICLE IV MEETINGS OF MEMBERS .................................................................................4 4.1 InitialMeeting..........................................................................................................4 4.2 Turnover Meeting ....................................................................................................4 4.3 Annual Meetings......................................................................................................4 4.4 SpecialMeetings......................................................................................................4 4.5 Notice of Meetings...................................................................................................5 4.6 Place of Meetings.....................................................................................................5 4.7 Adjournment of Meetings........................................................................................5 4.8 Quorum ....................................................................................................................5 4.9 Majority Vote...........................................................................................................6 4.10 Proxies......................................................................................................................6 4.11 Fiduciaryand Corporate Owners.............................................................................6 4.12 Voting by Mail or ElectronicBallot........................................................................6 ARTICLE V BOARD OF DIRECTORS ......................................................................................8 5.1 Number and Qualification........................................................................................8 5.2 Appointment of Directors........................................................................................8 5.3 Electionof Directors................................................................................................9 5.4 Removal...................................................................................................................9 5.5 Resignation..............................................................................................................9 5.6 Vacancies .................................................................................................................9 5.7 Compensation ..........................................................................................................9 i-Table of Contents 5.8 Liabilityand Indemnificationof Directors,Officers,Manager and Managing Agent........................................................................................................................9 5.9 SpecialCommittees ...............................................................................................10 5.I0 Powers of Board.....................................................................................................10 5.11 Duties of Board ......................................................................................................11 ARTICLE VI MEETINGS OF THE BOARD............................................................................13 6.1 InitialMeeting........................................................................................................13 6.2 Regular Meetings...................................................................................................13 6.3 SpecialMeetings....................................................................................................13 6.4 E mer gency Meetings .............................................................................................13 6.5 Closed Session.......................................................................................................13 6.6 Ad journm ent..........................................................................................................14 6.7 Board Meetings Open to allMembers...................................................................14 6.8 Place of Meetings...................................................................................................14 6.9 Notice of Meetings.................................................................................................14 6.10 Voting by the Board ...............................................................................................14 6.11 Quor um ..................................................................................................................14 6.12 Consent in Lieu of Meeting ...................................................................................15 6.13 Participationof Directorsby Telephonic Communication....................................15 ARTICLE VII OFFICERS OF ASSOCIATION........................................................................15 7.1 Enumeration of Officers........................................................................................15 7.2 Electionof Officers................................................................................................15 7.3 Term.......................................................................................................................15 7.4 Resignationand Removal ......................................................................................15 7.5 Vacancies ...............................................................................................................16 7.6 Duties.....................................................................................................................16 7.7 Execution of Instruments.......................................................................................17 7.8 Compensation ........................................................................................................17 ARTICLE VIII BUDGET,ASSESSMENTS,AND RESERVE STUDY.................................17 8.1 Budget....................................................................................................................17 8.2 Assessments...........................................................................................................17 8.3 Reserve Study ........................................................................................................17 ARTICLE IX BOOKS AND RECORDS ...................................................................................17 9.1 Books and Records ................................................................................................17 9.2 Examination of Record s.........................................................................................18 9.3 FinancialStatements..............................................................................................18 9.4 Tax Returns............................................................................................................18 9.5 Payment Vouchers .................................................................................................18 9.6 FiscalYear .............................................................................................................18 ARTICLE X INSURANCE.........................................................................................................19 ARTICLE XI DAMAGE OR DESTRUCTION BY CASUALTY ............................................19 ARTICLE XII RULES AND REGULATIONS.........................................................................19 ARTICLE XIII AMENDMENTS...............................................................................................19 13.1 General Amendments.............................................................................................19 13.2 DeclarantAmendments..........................................................................................20 ii-Table of Contents 13.3 Regulatory Amendments .......................................................................................20 ARTICLE XIV MISCELLANEOUS..........................................................................................20 14.1 Notices...................................................................................................................20 14.2 Waiver....................................................................................................................20 14.3 Severability............................................................................................................21 14.4 PersonalPronouns..................................................................................................21 14.5 Headings ................................................................................................................21 14.6 Conflicts.................................................................................................................21 14.7 Dissolution.............................................................................................................21 iii-Table of Contents EXHIBIT C LEGAL DESCRIPTION OF COMMON AREAS Real propertylocatedin the City of Bozeman,County of Gallatinand Stateof Montana,being more particularlydescribedas follows: Those tractsidentifiedas "Open Space"on theplatofNorton East Ranch SubdivisionPhase 1,recordedon February 16,2011,asDocument Number 2382592 intheOfficialRecords of GallatinCounty,Montana. EXHIBIT C EXHIBIT D LEGAL DESCRIPTION OF FUTURE DEVELOPMENT LOTS Real propertylocatedin theCity of Bozeman,County of Gallatinand Stateof Montana,being more particularlydescribedas follows: Lot 1,Block 1;Lots 1 and 2,Block 2;Lot 1,Block 3,as shown on the platofNorton East Ranch SubdivisionPhase 1,recordedon February 16,2011,asDocument Number 2382592 intheOfficialRecords of GallatinCounty,Montana. EXHIBIT D EXHIBIT B BYLAWS OF THE ASSOCIATION EXHIBIT B BYLAWS OF NORTON RANCH COMMUNITY ASSOCIATION ARTICLE I NAME AND LOCATION The name of the AssociationisNorton Ranch Community Association,a Montana nonprofitcorporation,hereinafterreferredto as the "Association." ARTICLE II DEFINITIONS 2.1 "Association" "Association"shallhave the meaning given inthe introductoryparagraph to these Bylaws. 2.2 "Board" "Board"shallmean the Board of Directorsof the Association. 2.3 "Conversion Date" "Conversion Date"shallbe thedateupon which ClassB membership shallcease and be convertedto ClassA membership.Such dateshallbe the date which isthe earlierof (i)the date atwhich seventy-fivepercent(75%)of the totalLots anticipatedtobe createdwithinthe Subdivisionhave been conveyed to ClassA members;(ii)ten (10)yearsafterconveyance of the firstLot to a ClassA member;or (iii)upon writtenelectionofDeclarant. 2.4 "Declarant" "Declarant"shallmean Norton Properties,LLC,an Oregon limitedliabilitycompany, and Norton Ranch Homes,LLC,an Oregon limitedliabilitycompany,and theirrespective successorsand assigns,who aredesignatedas such in writingby applicableDeclarant,and who consent in writingtoassume the dutiesand obligationsof the Declarantwith respectto the Lots acquiredby such successoror assign. 2.5 "Declaration" "Declaration"shallmean and refertothe Amended and RestatedDeclarationof ProtectiveCovenants,Conditions,and RestrictionsforNorton Ranch,and any amendments or supplements theretomade inaccordance with itsterms. 2.6 "Director" "Director"shallmean a member of the Board. 1 -Bylaws of theNorton Ranch Community Association 2.7 "Governing Documents" "Governing Documents"shallmean the Declarationand the Articleof Incorporation, Bylaws and Rules and Regulationsof theAssociation,allasmay be amended from time to time. 2.8 "Lot" "Lot"shallmean the lotsof land indicatedas such on the Plat. 2.9 "Member" "Member"or "Members"shallmean Declarantand every recordowner,whether one or more persons or entities,of feesimple titleto any Lot,includingcontractsellers,but excluding thosehaving an interestmerely as securityforthe performance of an obligation.There shallbe two (2)classesof membership,Class A membership and Class B membership,as describedin Section2.2 of theDeclarationand in Section3.3 of theseBylaws.All Members shallalsobe Owners. 2.10 "Owner" "Owner"or "Owners"shallmean Declarantand every record owner,whether one or more persons or entities,of feesimple titleto any Lot,includingcontractsellers,but excluding those having an interestmerely as securityforthe performance of an obligation.All Owners shallalsobe Members. 2.11 "Plat" "Plat"shallmean the latof Norton East Ranch SubdivisionPhase 1,recorded on February 16,2011,as Document Number 2382592 in theOfficialRecords of GallatinCounty, Montana,and any additionalplatsthatmay be annexed tothe SubdivisionasAdditionalProperty (asdefinedinthe Declaration). 2.12 "Property" "Propertv"shallmean the realpropertydescribedin Exhibit A tothe Declarationand such additionstheretoas may be brought withinthejurisdictionof theAssociationand be made subjectto the Declaration. 2.13 "Turnover Meeting" "Turnover Meeting"shallbe the meeting calledby the Declarantforthepurpose of turningover administrativeresponsibilityof theAssociationto the Members. 2.14 Other Terms Capitalizedterms used hereinwithout definitionshallhave therespectivemeanings given to them inthe Declaration. 2 -Bylaws of theNorton Ranch Community Association ARTICLE III MEMBERSHIP AND VOTING RIGHTS 3.1 Membership The Declarantand every otherOwner of a Lot by virtueof being an Owner of a Lot shall be a Member oftheAssociation.Membership shallbe appurtenantto and shallnot be separated from ownership of any Lot.Transferof ownership of a Lot shallautomaticallytransfer membership intheAssociation.Without any other actor acknowledgment,Owners shallbe governed and controlledby theGoverning Documents.There shallbe two classesof membership,ClassA membership and Class B membership,as describedinSection3.3 of these Bylaws. 3.2 Suspension All votingrightsof a Member shallbe suspended during any periodinwhich such Member isdelinquentin thepayment of any assessment duly establishedpursuanttothe Declarationor isotherwisein defaulthereunder or under any otherGoverning Documents.The Board may alsosuspend theMember's righttouse of any of the Common Areas during such period of default. 3.3 Voting Rights The Associationshallhave two (2)classesof votingmembership: A.Class A Membership. ClassA Members shallbe allOwners with the exceptionof Declarant,provided that Declarantshallbecome a Class A Member from and aftertheTurnover Date.Each Class A Member isentitledto the greaterof (a)one (1)vote foreach Lot owned or (b)one (1)vote for each Unit constructedon each Lot owned.When more than one (1)person holds an interestin any Lot,allsuch persons shallbe Members,but the vote forsuch Lot shallbe exercisedasthey among themselves determine;provided,however,thattheOwners of thatLot shallnot castmore votesthan thenumber of votesallocatedtotheLot by thepreceding sentence.Ifthe co-Owners of a Lot cannot agreeupon thevote forthe Lots,then the vote of theLot shallbe disregardedin determining theparticularmatter atissue. B.Class B Membership. The Class B Member shallbe Declarant,provided thatthe Class B membership shall terminateand become convertedto ClassA membership on the Conversion Date.The Class B Member isentitledto the greaterof (a)three(3)votesfor each Lot owned or (b)three(3)votes foreach Unit constructedon each Lot owned. 3 -Bylaws of the Norton Ranch Community Association ARTICLE IV MEETINGS OF MEMBERS 4.1 InitialMeeting The initialmeeting of the Associationshallbe held withinone (1)yearafterthe Associationisformed by filingof the Articlesof Incorporation.Declarantshallcalltheinitial meeting by writtennoticeto each Owner inaccordance with therequirements of Section4.5, except thatDeclarantshallfulfillthe roleof secretary. 4.2 Turnover Meeting The Declarantshallcallthe Turnover Meeting forthepurpose of tuming over administrativecontrolof theAssociationtotheClass A Members withinninety(90)days followingthe Conversion Date.Ifthe Declarant does not callthe Turnover Meeting withinthe time specified,any Owner may calltheTumover Meeting.Notice of theTumover Meeting shall be given in accordance with therequirementsof Section4.5.At theTurnover Meeting,the Members shallelecta new Board in accordance with the terms of ArticleV,whether or not a quorum ispresentatsuch Tumover Meeting,and Declarantshalldelivertothe Board the documents listedon attachedSchedule 1. 4.3 Annual Meetings The Associationshallhold a meeting of theMembers each calendaryear.Such annual meeting shallbe held on a dateand ata time designatedby the Board from time to time,and noticeof the annual meeting shallbe sentto allMembers in accordance with the requirementsof Section4.5. At the annual meeting,new members of the Board shallbe appointed or elected(as applicable)toreplacethosemembers whose terms have expiredpursuantto theterms of Section 5.3,and the Board shalltransactany otherbusinesswithinthepowers of the Association. The orderofbusinessatannual meetings of the Associationshallbe: (a)Callingof the rolland certifyingof proxies; (b)Proof of noticeof meeting or waiver of notice; (c)Reading of minutes of preceding meeting; (d)Reports of officers; (e)Reports of committees,ifany; (f)Electionof Directors; (g)Unfinishedbusiness; (h)New business;and (i)Adjournment. 4.4 SpecialMeetings Specialmeetings of theAssociationmay be calledatany time by the president,by a majorityoftheBoard,or by writtenrequestof Members entitledto castatleastfivepercent(5%) 4 -Bylaws of the Norton Ranch Community Association of thevotesof the Associationpursuantto MCA 35-2-527(1)(a).Notice of a specialmeeting shallbe sentto allMembers in accordance with therequirementsof Section4.5,and business transactedata specialmeeting shallbe restrictedto thepurposes setforthinsuch notice. 4.5 Notice of Meetings Writtennoticeof any meeting of the Associationshallbe given by thepresident, secretaryor otherperson authorizedby the Board tocalla meeting atleastten(10)days but not more than sixty(60)days before such meeting.The noticeshallbe hand-deliveredor sentby prepaidfirst-classUnited Statesmail to each Member,and to each Mortgagee who has requested notice,tothemailing addresslastappearing on thebooks ofthe Association(orto such mailing addressas a Member or Mortgagee has designatedinwritingto the Associationatleastten (10) days priorto thegivingof such noticeof themeeting).The noticeof a meeting shallstatethe time and place ofthemeeting and thebusinesstobe placed on the agenda by theBoard fora vote of theMembers,includingthe generalnatureof any proposed amendment to theArticlesof Incorporationof theAssociation,the Declaration,theseBylaws,any budget or changes inthe previouslyapproved budget thatresultin a change inassessment obligation,or any proposalto remove a Director.Notice of a meeting may be waived by any Member atany time beforeor afterthemeeting.No Member who ispresentata meeting may objecttothe adequacy or timelinessof thenoticegiven. 4.6 Place of Meetings Meetings of the Associationshallbe held withinten (10)miles of the Subdivision,atan exactlocationdetermined by theBoard and designatedinthenoticerequiredby Section4.5. 4.7 Adjournment ofMeetings Ifany meeting oftheMembers does not constitutea quorum,the Members who are present,eitherinperson or by proxy,may adjourn themeeting to a datenot lessthan two (2) days nor more than ten (10)days from the time of the originalmeeting withoutsending another noticeto the Members under Section4.5.The adjournment provisionsof thisSectiondo not apply to actionsproposed tobe taken by writtenballot. 4.8 Quorum The presence atthemeeting of Members entitledto cast,eitherin person or by proxy, twenty percent(20%)of thevotesof the Associationshallconstitutea quorum forany action, unlessa greaterpercentageisrequiredelsewhere intheDeclarationor theseBylaws.The subsequentjoinderof Member in the actiontaken ata meeting by signingand concurringinthe minutes thereofshallconstitutethepresence of such Member forthepurpose ofdetermininga quorum.When a quorum isonce presentto organize a meeting,itcannot be broken by the subsequent withdrawal of a Member or Members. 5 -Bylaws of theNorton Ranch Community Association 4.9 Majority Vote When a quorum ispresentatany meeting of theMembers,the vote of Owners holding more than fiftypercent (50%)of the votesof the Associationpresent,inperson orby proxy,at themeeting shallbe binding on allOwners forallpurposes,except where a higherpercentage vote isrequiredby theGoverning Documents. 4.10 Proxies A votemay be castinperson or by proxy.A proxy may requirethe holdertocasta vote foror againstany specialproposalsetout in the noticecallingthe meeting.A proxy shallbe in writingand filedwith thesecretarybefore or during themeeting.A proxy shallexpireeleven (11)months afterthedateitwas signedunlessa shorterperiodisspecifiedintheproxy; provided,however,thatappointment of a proxy isrevoked ifthe Member appointingtheproxy (i)attendsany meeting and votesinperson,(ii)signsand deliverstothe secretaryeithera writingstatingthatthe appointment of theproxy isrevoked or a subsequent appointment form, or (iii)sellshisor her Lot.Unless withdrawn,a proxy given to anotherperson tovote ata specificmeeting shallalsobe validatan adjourned meeting calledunder theprovisionsof Section4.7.The Associationmust retainproxiesand ballotsforone (1)year from the dateof the determinationof thevote. 4.11 Fiduciary and Corporate Owners. An executor,administrator,conservator,guardianor trusteemay vote,inperson orby proxy,atany meeting of theAssociationwith respectto any Lot owned orheld in such capacity, whether or not thesame has been transferredto such person'sname;provided,however,that such person must provide thesecretarywith writtenevidence satisfactoryto the secretarythatthe person isthe executor,administrator,conservator,guardianor trustee,holding such Lot in such capacity.Any person votingon behalfof a Lot owned by a corporationor otherentitymust provide the secretarywith writtenevidence,satisfactoryto the secretary,thatsuch person isthe duly constitutedrepresentativethereof. 4.12 Voting by Mail or ElectronicBallot. Except as setforthin subsection(f)below,the Board,initsdiscretion,may providethata vote,approval or consentof any Member be given by regularmail,electronicmail or facsimile in accordance with theprocedure outlinedbelow.For purposes of thisSection,"writtenballot" shallincludeany ballotdistributedby prepaidfirst-classUnited Statesmail,electronicmail or facsimile. (a)In the case of an electionof Board members by writtenballot,then in additiontotheotherrequirementssetforthin thisSection4.12,the followingproceduresmust be followed: (i)theexistingBoard members must advisethe secretaryinwritingof the names of proposed Board members sufficientto constitutea fullboard and of a date atleastfifty(50)days aftersuch advice isgiven by which allvotes aretobe received; 6 -Bylaws of theNorton Ranch Community Association (ii)the secretary,within five(5)days aftersuch adviceisgiven,must give writtennoticeof the number of Board members to be electedand of thenames of the nominees to allMembers; (iii)the noticemust statethatany such Owner may nominate an additionalcandidateor candidates,not to exceed the number of Board members to be elected,by givingwrittennoticeof such nomination tothe secretaryon or beforea specifieddate which must be fifteen(15)days from thedateafterthenoticewas given by the secretary;and (iv)five(5)days aftersuch specifieddate,the secretarymust give writtennoticeto allMembers,statingthe number of Board members tobe elected,stating thenames of allpersons nominated by the Board and by the Members on or beforethe deadline,statingthateach Member may casta vote by mail and statingthedeadline establishedby the Board by which such votesmust be receivedby the secretaryatthe addressof theprincipalofficeof theAssociation(which must be specifiedinthe notice) and thatvotesreceivedafterthatdate willnot be effective. (b)Any actionthatmay be taken atany annual,regularor specialmeeting of theAssociationmay be taken without a meeting ifthe Associationdeliversa writtenballotto every Associationmember thatisentitledto vote on the matter. (i)A writtenballotmust setfortheach proposed actionand provide an opportunitytovote foror againsteach proposed action. (ii)The Board must provide owners with atleastten (10)days'notice beforewrittenballotsaremailed or otherwisedelivered. (iii)If,atleastthree(3)days before writtenballotsare scheduled tobe mailed or otherwisedistributed,atleasttenpercent(10%)of the Owners petitionthe Board requestingsecrecyprocedures,a writtenpaper ballotmust be accompanied by a secrecyenvelope,a returnidentificationenvelope to be signedby the owner and instructionsformarking and returningthepaper ballot.In thisinstance,no electronic mail votingwillbe accepted.Written paper ballotsthatarereturnedinsecrecyenvelopes may not be examined or counted before thedeadlineforreturningballotshas passed. (c)Mattersthatmay be voted on by writtenballotwillbe deemed approved or rejectedas follows: (i)Ifapproval of a proposed actionotherwisewould requirea meeting atwhich a certainquorum must be presentand atwhich a certainpercentageof total votescastisrequiredto authorizethe action,theproposal willbe deemed approved when the dateforreturnof ballotshas passed,a quorum of Members has voted,and the requiredpercentageof approving voteshas been received.Otherwise,theproposalwill be deemed to be rejected. 7 -Bylaws of theNorton Ranch Community Association (ii)Ifapprovalof a proposed actionotherwisewould requirea meeting atwhich a specifiedpercentage of Owners must authorizethe action,theproposalwillbe approved when thepercentage of totalvotescastin favorof the proposalequalsor exceeds such requiredpercentage.The proposal shallbe deemed tobe rejectedwhen the number of votescastinoppositionrendersapproval impossibleor when both thedatefor retum of ballotshas passed and such requiredpercentagehas not been met. (d)All solicitationsforvotesby writtenballotmust statethe following: (i)Ifapprovalof the proposalby writtenballotrequiresthatthetotal number of votes castequal or exceed a certainquorum requirement,the number of responsesneeded tomeet such quorum requirement; (ii)Ifapprovalof a proposal by writtenballotrequiresthata certain percentageof totalvotescastapprove the proposal,the requiredpercentageof totalvotes needed forapproval;and (iii)Ifthematterbeing voted on isthe electionofDirectorstothe Board,the additionalitems setforthinsubsection(a)above. (e)All solicitationsforvotesby writtenballotmust specifythe periodduring which the Associationwillacceptwrittenballotsforcounting,and a datecertainon which all ballotsmust be retumed tobe counted. (f)Action by writtenballotmay not substituteforthe Tumover Meeting or the annual meeting of theAssociation. ARTICLE V BOARD OF DIRECTORS 5.1 Number and Qualification The affairsof the Associationshallbe managed by a Board consistingof (a)three(3) Directorspriortothe Tumover Meeting and (b)between three(3)Directorsand five(5) DirectorsaftertheTumover Meeting,as determined by the Members from time totime.The Directorsneed not be Members priorto theTurnover Meeting but shallbe Members afterthe Tumover Meeting;provided,however,thatifa Lot isowned by more than one (1)Owner,only one (1)Owner of thatLot may serveon the Board atany time. 5.2 Appointment of Directors UntiltheTurnover Meeting,DeclarantshallappointallDirectors,and may remove and replaceany Director,with or without cause,exceptthatDeclarantmay revocably or irrevocably delegatethepower to appoint,remove and replaceDirectorshereunder by writteninstrument deliveredtothe Associationnaming the partyto whom thepower to appointDirectorshas been delegated.At and afterthe Turnover Meeting,theDirectorsshallbe electedin themanner provided in Section5.3. 8 -Bylaws of theNorton Ranch Community Association 5.3 Election of Directors At the Turnover Meeting,the Directorsappointedby Declarantor itsappointeeshall submit theirresignationsand the Members shallelectnew Directorsas provided herein.Ifthree (3)Directorsareelected,one (1)Directorshallbe electedfora term of one (1)year and two (2) Directorsfora term of two (2)years.Iffive(5)Directorsare elected,two (2)Directorsshallbe electedfora term of one (1)year and three(3)Directorsshallbe electedto servefora term of (2)years.Thereafter,ateach annual meeting of the Association,theMembers shallelectthe number of Directorsequal to thenumber whose terms are then expiring,each to serve a term of two (2)years.Any Directormay servemore than one (1)term.Voting forDirectorsshallnot be cumulative. 5.4 Removal Any Director,otherthan a Directorappointedby Declarant,may be removed,with or without cause,by Owners holding atleasta majorityof the votingrightsin theAssociationwho arepresent,inperson or by proxy,atany meeting of the Members atwhich a quorum ispresent. No removal of a Directoriseffectiveunlessthe matter ofremoval was includedin thenoticeof the meeting and the Directorwhose removal isproposed isgiven the opportunitytobe heard at themeeting.At themeeting,the Members shallelecta replacement Directorto servethe remainder of thereplacedDirector'sterm. 5.5 Resignation Any Directormay resignatany time by sending a writtennoticeof such resignationto the secretary.Unless otherwisespecifiedin such notice,a resignationshalltake effectupon receiptof thenoticeby the secretary. 5.6 Vacancies Vacancies on the Board caused by thedeath,resignation,or removal of a Directorshall be filledby vote of the majorityoftheremaining Directors,even ifthey constitutelessthan a quorum.Any Directorso electedshallservethe remainder of thereplacedDirector'sterm. 5.7 Compensation No Directorshallreceivecompensation forany servicehe or she may renderto the Association.However,any Directormay be reimbursed forhisor her actualout-ofpocket expenses reasonablyincurredin theperformance of hisor her duties. 5.8 Liabilityand Indemnification of Directors,Officers,Manager and Managing Agent The Directorsand officersof theAssociationshallnot be liabletothe Associationor the Members forany mistake ofjudgment,negligence,or otherwiseexcept fortheirown willful misconduct or bad faith.The Associationshallindemnify and hold harmless each Directorand officerand themanager or managing agenton behalfof the Associationunlesssuch contract 9 -Bylaws of theNorton Ranch Community Association shallhave been made in bad faithor contrarytothe provisionsof the Declarationorof these Bylaws.Each Directorand officerand the manager or managing agent,ifany,shallbe indemnified by theAssociationagainstallexpenses and liabilities,includingattorneys'fees, reasonablyincurredor imposed upon them in connectionwith any proceeding towhich they may be a party,or which they may become involvedby reason of being or having been a Director, officer,manager or managing agent and shallbe indemnified upon any reasonablesettlement thereof;provided,however,thereshallbe no indemnity ifthe Director,officer,manager or managing agent isadjudged guiltyof willfulnonfeasance,misfeasance or malfeasance in the performance of theirduties.As to any manager or managing agentthisSectionshallonly be applicableto thirdpartytortclaims up tothe amount of theAssociation'sliabilityinsurance coverage and shallnot inany way apply to contractualliabilityor obligationsunder the management contract. 5.9 SpecialCommittees The Board by resolutionmay designateone or more specialcommittees,each committee to consistof two (2)or more Members which,tothe extentprovided in saidresolution,shall have and may exercisethe powers setforthin saidresolution.Such specialcommittee or committees shallhave such name or names as may be determined from time totime by the Board.Such specialcommittees must keep regularminutes of theirproceedings and reportthe same totheBoard when required.The members of such specialcommittee or committees designatedshallbe appointed by the Board or thepresident.The Board or the presidentmay appointMembers to fillvacancieson each of saidspecialcommittees occasioned by death, resignation,removal,or inabilityto actforany extended period of time. 5.10 Powers of Board The businessand affairsof the Associationshallbe managed by the Board.The Board may exerciseallofthepowers of a nonprofitcorporationunder the Montana Nonprofit CorporationAct (beingChapter 2,Title35 of the Montana Code),except to extentthe powers of the Board are limitedby theGoverning Documents or the laws of the Stateof Montana.The Board shallhave thepower to: (a)To adopt and publishtheRules and Regulationsgoverning theuse of Common Areas,and the personalconduct of the Members and theirgueststhereon,and to establishfinesfortheinfractionthereof; (b)To suspend a Member's votingrightsand/orrighttouse the Common Areas (otherthan streetsand roadways)during any period in which such Member isin defaultin thepayment of assessments leviedby theAssociation.Such rightsmay alsobe suspended,after noticeand a hearing,fora period not toexceed sixty(60)days foran infractionof the Rules and Regulationsor a violationof the Declaration; (c)To declarethe officeof a Directortobe vacant in theevent such Director shallbe absentfrom three(3)consecutiveregularmeetings of theBoard withoutjustcause having been furnishedto and acceptedby theBoard; 10 -Bylaws of the Norton Ranch Community Association (d)To adopt an annual budget fortheoperationof theAssociation; (e)To levy and collectassessments,latefees,interestand finesas provided in the Governing Documents,includingfilingliensagainstLots and institutinglegalproceedingsto collectsuch assessments,latefees,interestand fines; (f)To appointand disband such committees as the Board deems appropriate; (g)To establish,disburseand maintain such pettycash as isnecessaryfor efficientlycarryingon thebusinessof theAssociation; (h)To engage the servicesof a manager,an independent contractor,or such employees and contractorsas itdeems necessary,and toprescribetheconditions,compensation and dutiesof theirwork.Such power shallincludeauthorityto enterintomanagement agreements with otherpartiesto manage,operateorperform allor any partof the affairsand businessof the Association; (i)To execute alldeclarationsof ownership fortax assessment purposes with regardtothe Common Areas,ifany,on behalfof allOwners; (j)To borrow funds to pay costsofoperationof theAssociationwith the approval of sixtypercent(60%)of theMembers presentata meeting of the Members atwhich a quorum ispresent; (k)To granteasements or rights-of-wayto any utilitycompany,publicagency or toany otherentity; (1)To protector defend the Common Areas from lossor damage by suitor otherwise,and to provide adequate reservesformaintenance and replacement of theCommon Maintenance Areas; (m)To adjusttheamount,collectand use any insuranceproceedsto repair damage or replacedamaged or lostproperty,and ifproceeds are insufficienttorepairdamaged or replacelostproperty,to assessthe Owners inproportionateamounts to cover thedeficiency; (n)To enforcethe provisionsof theGoverning Documents and toenjoinand seek damages from any Owner forviolationof such Governing Documents;and (0)To exerciseany additionalor differentpowers necessary or desirablefor thepurpose of carryingout the functionsof the Associationpursuant to the Governing Documents or otherwisepromoting thegeneralbenefitof theMembers of theAssociation. 5.11 Duties of Board Itshallbe the duty of theBoard: (a)To cause tobe kept a complete recordof allitsactsand corporateaffairs and topresenta statementthereoftotheMembers atthe annualmeeting of theMembers or at 11 -Bylaws of the Norton Ranch Community Association any specialmeeting,when such statementisrequestedinwritingby one-fourth(1/4)of thevotes of the Members who are entitledto vote; (b)To superviseallofficers,agentsand employees of thisAssociation,and to see thattheirdutiesare properlyperformed; (c)To fixthe amount of allassessmentsrequiredor permittedunder the Declarationagainsteach Lot,and to send writtennoticeof each such assessment to every Owner; (d)To issue,or to cause an appropriateofficertoissue,upon demand by any person,a certificatesettingforthwhether or not assessmentshave been paid in respectto a particularLot.A reasonablecharge may be made by theBoard forthe issuanceof these certificates,and theinformationcontainedon the certificatesshallbe binding on theAssociation. (e)To procure and maintain adequate liabilityand propertyinsuranceon propertyowned by the Associationor otherpropertyforwhich theAssociationhas an obligation under the DeclarationortheseBylaws to insureand,ifdeemed appropriate,insuranceon the behalfof any Director,officer,employee,or agent of the Associationagainstany liability assertedagainsthim or her and incurredby him or her in any such capacityor arisingout of his or her statusas such; (f)To cause allofficers,employees or agents,having fiscalresponsibilityto be bonded,as itmay deem appropriate; (g)To cause the Common Maintenance Areas to be maintained; (h)To maintain a currentmailing listof the Members and Mortgagees who have requestednoticeof meetings and otherevents; (i)To fileannual tax returnsforthe Association; (j)To adopt a budget annually forthe Associationto manage and operatethe Subdivision.Within thirty(30)days afteradoptingtheannual budget or any modified budget, the Board shallseta date fora meeting of the Members to considerratificationofthebudget and send noticeof such meeting tothe Members in accordance with Section4.5.Unless theMembers holding a majorityof the votesintheAssociationvote torejectthebudget,thebudget isratified, whether or not a quorum ispresentatthemeeting.IftheBoard failsto adopt a budget or ifthe Members vote torejectthebudget,the lastadopted and ratifiedbudget fortheAssociationshall continuein effect;and (k)To perform allotherdutiesof theAssociationand the Board as setforthin the Governing Documents. 12 -Bylaws of theNorton Ranch Community Association ARTICLE VI MEETINGS OF THE BOARD 6.1 InitialMeeting The initialmeeting of the Board shalloccur eitherimmediately afteror withinfourteen (14)days afterthedatethe initialmeeting of theMembers pursuantto Section4.1.Notice of the initialmeeting shallbe senttoeach Directorand the Members inaccordance with the requirementsof Section6.9. 6.2 Regular Meetings Regular meetings of the Board may be held atsuch time as shallbe determined from time to time by a majorityof theDirectors.Notice of regularmeetings shallbe deliveredtoeach Directorand theMembers in accordance with therequirementsof Section6.9. 6.3 Special Meetings Specialmeetings oftheBoard may be calledatany time by thepresidentor a majorityof theDirectors.Notice of specialmeetings shallbe deliveredto each Directorand the Members in accordance with therequirementsof Section6.9. 6.4 Emergency Meetings Emergency meetings may be held withoutnotice,ifthereason fortheemergency is statedin theminutes of themeeting. 6.5 Closed Session At thediscretionof the Board,the followingmattersmay be consideredin closedsession: (a)Personnel matters; (b)Consult with legalcounsel or considercommunications with legal counsel;and (c)Discuss likelyor pending litigation,mattersinvolvingpossibleviolations of the Governing Documents,and mattersinvolvingliabilityof a Member tothe Association. The Board shallvote inan open meeting whether tomeet inclosed session.The motion shallstatespecificallythepurpose forthe closedsession.Reference to the motion and stated purpose forthe closedsessionshallbe includedinthe minutes of themeeting.The Board shall restricttheconsiderationof mattersduring the closedportionof a meeting toonly thosepurposes specificallyexempted and statedin themotion.No motion,or otheractionadopted,passed or agreed to inclosedsession,may become effectiveunlesstheBoard,followingthe closedsession, reconvenes in open meeting and votes in the open meeting on such motion,or otheractionwhich isreasonablyidentified.The requirementsof thisSectionshallnot requirethe disclosureof informationin violationof applicablelaw or which isotherwiseexempt from disclosure. 13 -Bylaws of theNorton Ranch Community Association 6.6 Adjournment Any meeting of the Board may be adjourned by a majorityof theDirectorspresentatthe meeting,even ifa quorum isnot present.When a meeting isadjourned forfewer than thirty(30) days,no noticeof the resumption or reconvening of the adjournedmeeting need be given other than by announcement atthe meeting atwhich such adjournment takesplace. 6.7 Board Meetings Open to allMembers Except of closedsessions,allmeetings of the Board shallbe open to theMembers, provided thatno Member shallhave therighttoparticipateinthe Board's meeting unlesssuch Member isalsoa member of the Board.The presidentshallhave the rightto exclude any Member who disruptsthe proceedingsata meeting of the Board. 6.8 Place of Meetings Meetings of theBoard shallbe held withinten (10)miles of the Subdivision,atan exact locationdetermined by the Board and designatedin thenoticerequiredby Sections6.2 and 6.3. 6.9 Notice of Meetings The secretaryshallgive writtennoticeto each Directorof any meeting of theBoard at leastthree(3)priortothe date setforsuch meeting,statingthe purpose,time and locationof the meeting.Notice shallbe sentto theaddressof each Directoras listedon thebooks of the Association,or tosuch otheraddressas a Directormay designateby writtennoticetothe secretarygiven atleastten (10)days priorto the giving ofnoticeof themeeting.Notice of any meeting may be waived by any Directoratany time before or afterthemeeting.No Director who ispresentata meeting may objectto theadequacy ortimelinessof thenoticegiven. For otherthan closed sessionmeetings,noticeof Board meetings shallalsobe given the Members by postingata place or placeswithinthe Subdivisionlikelytobe seen by allMembers atleastthree(3)days priorto the Board meeting,or by one ofthemeans describedin Section4.5 not lessthan ten (10)days priorto the Board meeting. 6.10 Voting by the Board Each Directorshallhave one (1)vote.The votesof more than fiftypercent(50%)of Directorspresentata meeting atwhich a quorum ispresentshallconstitutethe actof the Board. 6.11 Quorum The presence inperson of a majorityof the Directorsshallconstitutea quorum forvoting ata Board meeting.Iflessthan a quorum ispresentata meeting,a majorityof the Directors presentatthemeeting may adjournthemeeting.At any adjourned meeting atwhich a quorum is present,any businesswhich might have been transactedatthemeeting originallycalledmay be transactedwithout furthernotice. 14 -Bylaws of theNorton Ranch Community Association 6.12 Consent in Lieu of Meeting Any actionrequiredor which may be taken ata meeting of theBoard or a committee thereofmay be taken without a meeting ifa consent inwriting,settingforththe actionso taken or tobe taken,shallbe signed by allDirectorsor committee members as the case may be. 6.13 Participationof Directors by Telephonic Communication Directorsor committees thereofmay participatein a meeting of the Board or a committee by means by which allDirectorsor committee members participatingcan hear each otherduring themeeting.Participationby such means shallconstitutepresencein person ata meeting. ARTICLE VII OFFICERS OF ASSOCIATION 7.1 Enumeration of Officers The principalofficersof theAssociationshallbe thepresident,secretaryand treasurer, each of whom shallbe electedby theBoard in accordance with Section7.2.The Board may appointotherofficersas in itsjudgment may be desirable.Any two or more officesmay be held by the same person,except forthe officesof presidentand secretary.All officersmust be Members,or members of theirimmediate family,fiduciaries,beneficiariesor Mortgagees (and in the case of Lots owned by corporations,trustsor partnerships,theofficesmay be held by directors,officers,shareholders,trustees,partnersor employees of such organizations). 7.2 Election of Officers The officersof the Associationshallbe electedby the Board and shallhold officeatthe pleasureof the Board and untiltheirsuccessorsareelectedand qualified.Ifany officebecomes vacant,theBoard shallelecta successortofulfillthe unexpired term atany regularmeeting of the Board,or atany specialmeeting of the Board calledforsuch purpose. 7.3 Term The officersof theAssociationshallbe electedby theBoard and shallhold officefora periodof one (1)year,unlessan officerresignsor isremoved by theBoard or isotherwise disqualifiedforservice. 7.4 Resignation and Removal Any officerof the Associationmay be removed from office,with or without cause,upon the affirmativevote of a majorityof the Board and a successorelectedatany regularmeeting of the Board or atany specialmeeting of theBoard calledforsuch purpose.An officerof the Associationmay resignatany time by givingnoticeto the secretary.Such resignationshalltake effecton thedateof receiptof such noticeor atany latertime specifiedtherein;theacceptance of such resignationshallnot be necessarytomake iteffective. 15 -Bylaws of the Norton Ranch Community Association 7.5 Vacancies A vacancy in any officemay be filledby electionatany regularmeeting of the Associationor ata specialmeeting of the Board calledforsuch purpose.The officerelectedto filla vacancy shallserveforthe remainder of the term of theofficerhe or she replaces. 7.6 Duties The dutiesof theofficersof the Associationareas follows: President The presidentshallbe the chiefexecutiveofficerof theAssociation.The presidentshall presideatallmeetings of the Members and Board and shallhave allof thepowers and duties which are usuallyincidenttotheofficeof the chiefexecutiveofficerof an Association, including,but not limitedto,the power to appointcommittees from time to time asmay,inthe president'sdiscretion,be appropriateto assistinthe conduct of the affairsof theAssociation. Secretary The secretaryshallkeep minutes of allproceedings of the Board and minutes of all Associationmeetings.The secretaryshallattendtothegivingand servingof allnoticesto the Members and Directorsand othernoticesrequiredby law.Associationrecordsshallbe kept by the secretary,except forthoseof the treasurer.The secretaryshallperform allotherduties incidentto the officeof secretaryof an associationand as may be requiredby the Directorsor the president.In addition,the secretaryshallactas vicepresident,takingtheplace of thepresident and performing such dutieswhenever the presidentisabsentor unable to act,unlessthe Directorshave appointeda vicepresident. Treasurer The treasurershallbe responsibleforAssociationfunds and securitiesand shallbe responsibleforsupervisingthemanaging agent and causingthe same to keep fulland accurate financialrecordsand books of account showing allreceiptsand disbursements necessaryforthe preparationof allrequiredfinancialstatements.The treasurershallreview thereportsand statementsprovided by the managing agent with respecttothe depositof allfunds and other valuableeffectsinsuch depositoriesas may from time totime be designatedby the Board,and the disbursement of Associationfunds in accordance with the approved Associationbudget and any specialauthorizationsfrom theBoard forunbudgeted items.The treasurershallin general perform allotherdutiesincidenttothe officeof treasurerof an associationand such otherduties as may be assignedby theBoard.The treasurershallcause allassessmentstobe depositedina separatebank account in thename of theAssociationand allexpenses of theAssociationto be paid from thataccount. 16 -Bylaws of theNorton Ranch Community Association 7.7 Execution of Instruments All agreements,contracts,deeds,leasesand otherinstrumentsof the Association,except checks,shallbe executed by such person or persons as may be designatedby generalor special resolutionof the Board and,in the absence of any generalor specialresolutionapplicableto any such instrument,then such instrumentshallbe signedby thepresident.All checks forlessthan Two Thousand Four Hundred Ninety-Nine Dollars($2,499.00)may be signedby themanaging agent or any duly electedofficerof the Association.All checks of Two Thousand Five Hundred ($2,500.00)or more shallrequirethe signaturesof atleasttwo (2)authorizedsignatories. 7.8 Compensation Other thanreimbursement of reasonableout-of-pocketexpenses incurredon behalfof the Association,no officerof theAssociationshallreceiveany compensation from theAssociation foractingas an officer,unlesssuch compensation isauthorizedby a majorityvote of the Members present,in person or by proxy,ata meeting of the Members atwhich a quorum is present. ARTICLE VIII BUDGET,ASSESSMENTS,AND RESERVE STUDY 8.1 Budget The Board shallannuallyprepare and adopt thebudget fortheAssociation,and calla meeting of theMembers toratifythebudget,pursuantto Section3.1of theDeclaration. 8.2 Assessments The Associationshalllevy and collectassessments and otherchargespursuanttothe terms of Article3 of the Declaration.IfAdditionalPropertyisannexed to or removed from the Subdivision,the common expenses of the Associationshallbe reapportionedpursuantto the terms of Section3.13 or 3.14,respectively,of theDeclaration. 8.3 Reserve Study The Declarantand Associationshallpreparea reservestudy pursuanttothe terms of Section3.3 of theDeclaration. ARTICLE IX BOOKS AND RECORDS 9.1 Books and Records The Associationand managing agent (ifapplicable)shallkeep (a)financialrecords sufficientlydetailedforproper accounting purposes,includingan assessment rollforeach Lot (b)detailedrecordsof theactionsof the Board and managing agent (ifapplicable)and minutes of Board and Associationmeetings,(c)a listof Members entitledtovote atAssociationmeetings and a listof allMortgagees whom have requestednoticeof meeting and otherevents,and (d) 17 -Bylaws of theNorton Ranch Community Association otherdocuments,informationand recordsin sufficientdetailto enable the Associationto fully declareto each Member thetruestatementof itsfinancialstatus.All Associationdocuments, informationand recordsshallbe maintained within theStateof Montana atalltimes. 9.2 Examination of Records The Associationshallmake availableto Members,Mortgagees,prospectivepurchasers and theirprospectiveMortgagees,and the agentsor attorneysof any of them,currentcopiesof the Declarationand theArticlesof Incorporation,Bylaws and rulesand regulationsof the Association.All financialand otherrecordsof theAssociation,includingbut not limitedto checks,bank recordsand invoices,arethepropertyof theAssociation,but shallbe made reasonablyavailableforexamination and copying by any Member,or theMember's authorized agents,and by any managing agent."Available"shallmean availableforinspectionupon request,during normal businesshours or under otherreasonablecircumstances.The Association may requiretherequestingpartyto pay a reasonablecharge to cover thecostof making the copies. 9.3 Financial Statements Within ninety(90)days afterthe end of each fiscalyear,the Board shalldistributeto each Member and,upon request,any Mortgagee a copy of the annual financialstatementsof the Association,consistingof a balance sheetand income and expense statementforthepreceding fiscalyear.IfAnnual Assessments are$50,000 ormore,the financialstatementsofthe Associationshallbe auditedby an independent certifiedpublicaccountant;provided,however, thatthe auditmay be waived ifMembers holding atleastsixty-sevenpercent(67%)of thevotes of the Associationvote,inperson or by proxy ata meeting of the Associationatwhich a quorum ispresent,each yearto waive the audit. 9.4 Tax Returns The Board shallcause to be filedthenecessarystateand federalincome taxreturnsfor the Association. 9.5 Payment Vouchers The method of approving payment vouchers (ifapplicable)forthemaintenance,upkeep and repairof theCommon Maintenance Areas and payment forthe expense ofthe Association willbe as establishedfrom time totime by the Board. 9.6 FiscalYear The FiscalYear oftheAssociationshallbegin on thefirstday of January and end on the 31st day of December of every year,exceptthatthe firstfiscalyear shallbegin on the date of incorporationof the Association. 18 -Bylaws of theNorton Ranch Community Association ARTICLE X INSURANCE The Associationshallmaintain the insurancecoverages requiredby Article8 of the Declaration. ARTICLE XI DAMAGE OR DESTRUCTION BY CASUALTY Any damage toor destructionof the Common Areas or any otherareasthe Associationis requiredto insureagainstan event of casualtyshallbe handled in accordance with theterms of Article9 of theDeclaration. ARTICLE XII RULES AND REGULATIONS The Board shallhave power to adopt and publishrulesand regulationsgoverning the conduct of persons and the operationand use oftheLots and theCommon Areas asitmay deem necessary or appropriateto assurethepeacefuland orderlyuse and enjoyment ofthe Subdivision,and to establishfinesfortheinfractionthereof.Such rulesand regulationsmay be adopted upon a majorityvote of the Directorspresentata meeting atwhich thereisa quorum presentand asto which noticehas been given asprovided intheseBylaws.Such noticeshall includea verbatim copy of allproposed rulesand regulations.No ruleor regulationshallbe adopted without a copy thereoffirsthaving been deliveredormailed to each Member in accordance with therequirementsof Section4.5.Upon adopting any such rulesand regulations, the Board shallcause copiesthereoftobe deliveredtoeach Member.All such rulesand regulationsbecome binding on allMembers and occupants of allLots upon thedate of delivery. Any ruleor regulationwhich conflictswith these Bylaws or the Declarationshallbe nulland void. ARTICLE XIII AMENDMENTS 13.1 General Amendments Except as setforthbelow,any and allprovisionsof theseBylaws may be amended or repealedand new Bylaws may be adopted atany annual meeting of theMembers,or atany specialmeeting calledforthatpurpose,by atleasta majorityof the votesof the Members,and thewrittenconsent of theDeclarantso long as the Declarantisa Class B Member. Amendments or changes to theseBylaws may be proposed by eithera majorityof the Board or by the Members holding atleastthirtypercent(30%)of the votesof theAssociation. The proposed amendment must be inwritingand shallbe includedinthenoticeof any meeting atwhich actionisto be taken thereon. An amendment or change to theseBylaws shallnot be effectiveunlessitis(i)certifiedby the presidentand secretaryof the Associationashaving been adopted in accordance with these 19 -Bylaws of the Norton Ranch Community Association Bylaws and acknowledged inthe manner provided foracknowledgement of deeds,and (ii) recordedinthe OfficialRecords of theGallatinCounty,Montana. 13.2 Declarant Amendments Notwithstanding any provisionshereoftothecontrary,theDeclarantmay unilaterally amend theseBylaws (i)atany time beforethe conveyance of the firstLot toa person otherthan Declarant;(ii)tobring thisDeclarationintocompliance with any provisionof law,including,but not limitedto,regulatoryamendments permittedby Section 13.3;(iii)tocorrectscriveners'or clericalerrors;and (iv)as otherwisepermittedby applicablelaw. 13.3 Regulatory Amendments Notwithstanding any otherprovisionsof thisArticleXIII,Declarantshallhave theright tounilaterallyamend theseBylaws priorto theTurnover Meeting inorderto comply with the requirementsof theFederal Housing Administration,the United StatesDepartment of Veterans Affairs,theFarmer's Home Administrationof theUnited States,theFederalNationalMortgage Association,the Government NationalMortgage Association,theFederal Home Mortgage Loan Corporation,any department,bureau,board,commission or agency oftheUnited Statesor the Stateof Montana or any corporationwholly owned,directlyor indirectly,by the United Statesor the Stateof Montana which insures,guaranteesor providesfinancingfora planned community or lotsin a planned community. ARTICLE XIV MISCELLANEOUS 14.1 Notices All noticesto the Associationor to theBoard shallbe sentin careofthemanaging agent or,ifthereisno managing agent,tothe principalofficeof the Associationor to such other addressastheBoard hereaftermay designatefrom time to time.Any noticeto a Member,except as otherwiseprovided in theseBylaws,shallbe sentby firstclassmail to the addressof Member lastappearingon the books of theAssociation(ortosuch otheraddressastheMember has designatedinwritingto the Association. 14.2 Waiver No restriction,condition,obligationor provisioncontainedintheseBylaws shallbe deemed to have been abrogatedor waived by reason of any failureto enforcethe same, irrespectiveof thenumber of violationsor breaches thereofthatmay have occurred and the number of times thatthe pertinentrestriction,condition,obligationor provisionwas not enforced. 20 -Bylaws of theNorton Ranch Community Association 14.3 Severability Invalidationor partialinvalidationof any provisionoftheseBylaws shallnot affectany of theremaining provisionsof the Bylaws. 14.4 Personal Pronouns All personalpronouns used intheseBylaws,whether used inthemasculine,feminineor neutergender,shallincludeallothergenders;the singularshallincludetheplural,and vice versa. 14.5 Headings The headings contained in theseBylaws areforreferencepurposes only and shallnot in any way affectthemeaning or interpretationof theseBylaws. 14.6 Conflicts These Bylaws are intendedto comply with applicablelaw and theDeclaration.In case of any irreconcilableconflict,applicablelaw and the Declarationshallcontrolover theseBylaws (unlesstheseBylaws expresslyprovide otherwise)and any amendments hereto,and any rulesor regulationsadopted hereunder. 14.7 Dissolution Upon dissolutionof the Association,voluntarilyor otherwise,itshallautomaticallybe succeeded by an unincorporatedassociationof the same name and having the same purposes. All assets,property,powers,and obligationsof the Associationexistingpriorto dissolutionshall thereupon automaticallyvestinthe successorunincorporatedassociation. [Continued on the followingpage] 21 -Bylaws of theNorton Ranch Community Association ADOPTION OF BYLAWS Itishereby certifiedthattheseBylaws have been adopted by the Board of Directorsof theAssociation,and by Norton PropertiesLLC,an Oregon limitedliabilitycompany,and Norton Ranch Homes,LLC,an Oregon limitedliabilitycompany,DeclarantofNorton Ranch.These Bylaws shallbe recorded inthe OfficialRecords of GallatinCounty,Montana,togetherwith the Declaration. Dated:,2011. ASSOCIATION: NORTON RANCH COMMUNITY ASSOCIATION,a Montana nonprofit corporation By: Name:Kevin Spencer Title:Sole Director DECLARANT: NORTON PROPERTIES,LLC,an Oregon limitedliabilitycompany B y: Name:Kevin Spencer Title:Manager NORTON RANCH HOMES,LLC,an Oregon limitedliabilitycompany By: Name:Kevin Spencer Title:Member [Acknowledgments appear on thefollowingpage] 22 -Bylaws of the Norton Ranch Community Association ACKNOWLEDGMENTS STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged before me this_day of , 2011,by Kevin Spencer,the Sole Directorof theNORTON RANCH COMMUNITY ASSOCIATION,a Montana nonprofitcorporation,on behalfof the corporation. PrintName: Notary Publicinand forthe Stateof Oregon My Commission expires: STATEOFOREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged beforeme this_day of 2011,by Kevin Spencer,theManager of NORTON PROPERTIES,LLC,an Oregon limited liabilitycompany,on behalfof the company. PrintName: Notary Publicin and forthe Stateof Oregon My Commission expires: STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged beforeme this_day of , 2011,by Kevin Spencer,theMember of NORTON RANCH HOMES,LLC,an Oregon limited liabilitycompany,on behalfof the company. PrintName: Notary Publicin and forthe Stateof Oregon My Commission expires: 23 -Bylaws of theNorton Ranch Community Association SCHEDULE 1 LIST OF INFORMATION AND DOCUMENTS (a)The originalor a photocopy of therecorded Declarationand copiesof the Bylaws and theArticlesof Incorporation,ifany,of the Subdivisionand any supplements and amendments to theArticlesor Bylaws; (b)A deed tothe Common Areas,unlessotherwiseprovided in the Declaration; (c)The minute books,includingallminutes,and otherbooks and recordsof the Associationand theBoard; (d)All rulesand regulationsadopted by the Declarant; (e)Resignationsof officersand members of theBoard who were appointedby Declarant; (f)A financialstatementconsistingofa balance sheetand an income and expense statementforthepreceding 12-month period or the periodfollowingtherecordingof the declaration,whichever periodisshorter; (g)All funds of the Associationand controlof the funds,includingallbank records; (h)All tangiblepersonalpropertythatispropertyof the Association,and an inventoryof theproperty; (i)Records of allpropertytax payments forthe Common Areas tobe administered by the Association; (j)Copies of any income tax returnsfiledby theDeclarantinthename of the Association,and supportingrecords forthereturns; (k)Allbank signaturecards; (1)The Reserve Account establishedin thename of the Association; (m)The reservestudy,includingallupdates and othersourcesof informationthat serveas a basisforcalculatingreserves; (n)An operatingbudget and a budget forreplacement of the Common Areas; (0)A copy ofthefollowing,ifavailable:(A)The as-builtarchitectural,structural, engineering,mechanical,electricaland plumbing plans;(B)The originalspecifications, indicatingallsubsequentmaterialchanges;(C)The plansforunderground siteservice,site grading,drainageand landscapingtogetherwith cabletelevisiondrawings;(D)Any otherplans and informationrelevantto futurerepairor maintenance of the Common Areas;and (E)A listof 1 -Schedule 1 thegeneralcontractorand the electrical,heatingand plumbing subcontractorsresponsiblefor constructionor installationof Common Areas; (p)Insurancepolicies; (q)Copies of any occupancy permitsissuedforthe Subdivision; (r)Any otherpermitsissuedby governmental bodies applicabletothe Subdivisionin forceor issuedwithinone yearbefore the date on which the Members assume administrative responsibility; (s)A listof any writtenwarrantieson the Common Areas thatare in effectand the names of thecontractor,subcontractoror supplierwho made theinstallationforwhich the warranty isin effect; (t)A rosterof Members and theiraddressesand telephonenumbers,ifknown,as shown on therecordsof the Declarant; (u)Leases of the Common Areas and any otherleasesto which theAssociationisa party; (v)Employment or servicecontractsinwhich theAssociationisone ofthe contractingpartiesor servicecontractsin which theAssociationor theowners have an obligation or responsibility,directlyor indirectly,topay some or allofthefeeor charge of the person performing theservice;and (w)Any othercontractstowhich theAssociationisa party. 2 -Schedule 1