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HomeMy WebLinkAbout020 Covenants - (2011-10-14) 1st AmendmentReturn 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:$574.00 Bend, 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 03/03/23 22203 Norton East Ranch Ph. 5B FP TABLE OF CONTENTS Page AR T ICLE 1 -DE FINIT 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 "Rulesand 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 ofAssessments............................................................................10 3.8 ObligationforAssessments. ..................................................................................11 3.9 Lien forAssessments.............................................................................................11 3.10 Interest;Late Fees;Fines.......................................................................................12 3.11 Accelerationof Assessments. ................................................................................l 2 3.12 Certificateof Payment. ..........................................................................................12 3.13 ReallocationUpon Annexation of AdditionalProperty.........................................13 3.14 ReallocationUpon Removal of aPortionoftheProperty.....................................13 3.15 No Reimbursement toDeclarant............................................................................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 toCorrect..............................................................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 ofLots toCommon 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 S cope of Review. ...................................................................................................2I 7.4 SubmissionofPlans...............................................................................................21 7.5 PlanReview. ..........................................................................................................21 7.6 N on-conformingS tructures...................................................................................22 7.7 Imm unityofARC M emb ers..................................................................................22 7.8 Limited Review......................................................................................................22 7.9 Address forNotice.................................................................................................22 ii- TABLE OF CONTENTS 7.10 Appearance and Design ofSubdivision.................................................................22 7.11 DeclarantExempt; Constructionby Declarant......................................................23 7.12 Approval ofBuilderPlans.....................................................................................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 TreeRemoval...................................................................................................28 11.3 No Improvements orFillMaterial.........................................................................2 8 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 VehiclesorVehicles inDisrepair...........................................................31 11.12 Maintenance or Repair ofVehicles........................................................................3 1 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 LotConsolidationand 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 Rightto Transferor Assign DeclarantRights........................................................36 ARTICLE 13 - ANNEXATION AND REMOVAL.................................................................... 36 13.1 Annexation by Declarant.......................................................................................36 13.2 Annexation by ActionofOwners..........................................................................38 13.3 Removal by Declarant............................................................................................38 ARTICLE 14 -- MORTGAGEES.................................................................................................39 14.1 Notice of Delinquency...........................................................................................39 14.2 Reimbursement ofFirstMort gagees......................................................................39 ARTICLE 1 5-AMENDMENT..................................................................................................39 15.1 GeneralAmendments.............................................................................................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, Returnto: 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, isexecutedon 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 EastRanch SubdivisionPhase 1,recordedon February 16, 2011, asDocument Number 2382592 intheOfficialRecords ofGallatinCounty, Montana; and (b) The Norton East Ranch SubdivisionPhase 1 Declarationof Covenants and Restrictions,recorded on February 16,2011,asDocument Number 2382596 in the OfficialRecords ofGallatinCounty, Montana (the"OriginalDeclaration"); and WHEREAS, Declarantdesiresto replacetheOriginalDeclarationwiththisRestated Declaration. NOW, THEREFORE, Declaranthereby declaresthatthe propertydescribedon attached ExhibitA (the"Propertv")shallbe held,sold,hypothecated,and conveyed subjecttothe covenants,conditions,and restrictionsdeclaredbelow, which shallbe deemed tobe covenants running withthe landand imposed on and intendedtobenefitand burden each lotandother portionsofthe Propertyinordertomaintain withinthe Propertya community of high standards. Such covenants shallbe binding on allpartieshaving any right,titleorinterestthereinor any 1 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch partthereof,theirrespectiveheirs,personalrepresentatives,successorsand assigns,and shall inureto thebenefitofeachowner thereof. ARTICLE 1 -DEFINITIONS 1.1 "Additional Property" "AdditionalProperty"shallmean any additionalpropertyannexed totheSubdivisionand made subjecttothetermsofthisRestatedDeclaration. 1.2 "Alleys" "Alleys"shallmean the streetswithintheSubdivisiondesignedas"Alley"on the Plat. 1.3 "Annual Assessments" "Annual Assessments" shallmean Base Assessments,Reserve Account Assessments,and any SpecificAssessments which may be leviedby the Associationineachofitsfiscalyears pursuantto thetermsof Article3. 1.4 "ARC" "ARC" shallmean the architecturalreview committee established ursuanttothe terms ofSection7.1. 1.5 "Association" "Association"shallmean the Norton Ranch Community Association,aMontana nonprofitcorporation,establishedforthepurposes setforthherein. 1.6 "Base Assessments" "Base Assessments" shallmean theassessments imposed upon allLotsforservices renderedor expenses incurredby the AssociationpursuanttothetermsofSection3.2. 1.7 "Board" "Board" shallmean theBoard of Directorsof the Association. 1.8 "Builder" "Builder"shallmean any individualor company who purchasesone ormore Lots forthe purpose of constructingUnits forresaleto consumers inthe ordinarycourseofitsbusiness. 2 -Amended and RestatedDeclarationof ProtectiveCovenants, Conditions and Restrictionsfor Norton Ranch 1.9 "Bylaws" "Bylaws" shallmean theBylaws ofthe Association,asamended from timetotime.A copy ofthe Bylaws isattachedheretoas ExhibitB. 1.10 "City" "City"shallmean theCity of Bozeman, Montana. 1.11 "Common Areas" "Common Areas" shallmean thoseportionsofthe Propertyowned orleasedby the Associationforthe common useand benefitoftheOwners. 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 theCommon Areas,and shallalsomean any areaswithinpublicrights-of-wayorlocatedon adjacentpropertythattheAssociationisrequired to maintainpursuanttothetermsofthisRestatedDeclaration,or which the Board deems necessary,desirableor appropriatefortheAssociationto maintain forthe common benefitofthe Owners, including(butnot limitedto)theParks. 1.13 "Conversion Date" "Conversion Date" shallbe the dateupon which theClassB membership ceasesto exist and isconvertedto Class A membership. Such dateshallbe the datewhich istheearlierof (i) thedateatwhich seventy-fivepercent(75%) ofthetotalLots anticipatedtobe createdwithinthe Subdivisionhave been conveyed toClassA members; (ii)ten (10) yearsafterconveyance of the firstLottoaClass A member; or (iii)upon writtenelectionofDeclarant. 1.14 "Declarant" "Declarant"shallmean Norton Properties,LLC, an Oregon limitedliabilitycompany, and Norton Ranch Homes, LLC, an Oregon limitedliabilitycompany, and theirrespective successorsand assigns,who aredesignatedassuchinwritingby the applicableDeclarant,and who consent inwritingtoassume thedutiesand obligationsof the Declarantwith respecttothe Lots acquiredby such successoror assign. 1.15 "Design & Construction Guidelines" "Design & ConstructionGuidelines"shallmean the design and constructionguidelines adoptedby theARC orDeclarantpursuanttoSection7.2,asamended or modifiedfrom timeto time. 3 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch 1.16 "Directors" "Directors"shallmean the members oftheBoard. 1.17 "Future Development Lot" "FutureDevelopment Lot"shallmean any Lotintendedtobe developedorfurther subdividedtoaccommodate additionalhousing products,including(butnotlimitedto) singlefamily,apartments,townhomes, condominiums andotherhousing typespermittedby the City.The initialFutureDevelopment Lots aredescribedon attachedExhibitD. 1.18 "Governing Documents" "Governing Documents" shallmean thisRestatedDeclarationand theArticlesof Incorporation,Bylaws and Rules and RegulationsoftheAssociation,allas may be amended from timetotime. 1.19 "Improvement" "Improvement" shallmean every structureor improvement of any kind,including,but notlimitedto,a Unit,landscaping,patios,decks,fencesand walls(includingretainingwalls), driveways,sidewalks,fixtures,storageshelters,pools,hot tubs,athleticfacilitiesand other productsof constructionefforts(includingexteriorpainting,alterations,and reconstruction). 1.20 "Lot" "Lot" shallmean each lotof landindicatedas suchon 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, orthepartysecuredor beneficiaryofany recorded deed of trust,encumbering one ormore oftheLots. "First Mortgagee" shallmean a holderofa Mortgage with priorityover allotherMortgages. 1.22 "Owner" "Owner" shallmean Declarantand every recordowner, whether one or more personsor entities,of fee simple titletoany Lot,includingcontractsellers,but excludingthosehaving 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 of GallatinCounty,Montana. The PlatdedicatestheParkstothe City,but theAssociationwillmaintaintheParksasCommon Maintenance Areas. 1.24 "Plat" "Plat"shallmean the latof Norton EastRanch SubdivisionPhase 1,recordedon February 16,2011,as Document Number 2382592 intheOfficialRecords ofGallatinCounty, Montana, and any additionalplatsthatmay be annexed totheSubdivisionas Additional Property. 1.25 "Property" "Propertv"shallmean therealpropertydescribedon the attachedExhibit A, plus such AdditionalPropertyas may be made subjecttothisRestatedDeclaration,but excludingany real propertyremoved from thejurisdictionofthisRestatedDeclaration. 1.26 "Reserve Account Assessments" "Reserve Account Assessments" shallmean assessmentsestablishedpursuanttothe termsofSection3.3. 1.27 "Restated Declaration" "RestatedDeclaration"shallmean thisAmended and RestatedDeclarationof Protective Covenants,Conditions,and RestrictionsforNorton Ranch, and any amendments or supplements theretomade in accordance withitsterms. 1.28 "Rules and Regulations" "Rules and Resulations"shallmean therulesand regulationsadoptedby theAssociation from timetotime in accordance with ArticleXII oftheBylaws. 1.29 "SpecialAssessments" "SpecialAssessments" shallmean any specialcharges establishedpursuanttotheterms ofSection3.5. 1.30 "SpecificAssessments" "SpecificAssessments" shallmean the charges imposed upon some, butlessthan,all Lotsforservicesrenderedor expenses incurredpursuantto Section3.4. 5 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 1.31 "Subdivision" "Subdivision"shallmean Norton Ranch, asthesame may be modified,expanded or contractedpursuanttothetermsof thisRestatedDeclaration. 1.32 "Turnover Meeting" "Turnover Meeting" shallmean themeeting oftheOwners calledtoturnovercontrolof the AssociationtotheClassA members, asfurtherdescribedinthe Bylaws. 1.33 "Unit" "Unit"shallmean an attachedordetachedresidentialdwellin intendedforoc anc by a singlefamily,including(butnot limitedto)adetached singlefamilyhome, an apartment locatedwithinamultifamilybuilding,an attachedtownhouse and acondominium unit. ARTICLE 2-ASSOCIATION 2.1 Membership. The Declarantand every otherOwner ofaLot by virtueof ownership of such Lotshallbe a member of the Association.Membership intheAssociation shallbe appurtenanttoand shallnotbe separatedfrom ownership of any Lot. Transferof ownership of aLot shallautomaticallytransfermembership intheAssociation.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, asdescribedin Section2.2. 2.2 Voting Rights. The Associationshallhave two (2)classesof voting membership: 2.2.1 ClassA Membership. Class A members shallbe allOwners withthe exceptionof Declarant,provided thatDeclarantshallbecome aClass A member from and aftertheTurnover Date.Each ClassA member isentitledtothegreaterof (a)one (1)voteforeach Lot owned or (b)one (1)votefor eachUnitconstructedon each Lotowned. When more thanone (1)person holds aninterestin any Lot,allsuch persons shallbe members, butthevoteforsuch Lotshallbe exercisedas they among themselves determine;provided,however, thatthe Owners ofthatLot shallnotcastmore votes than the number of votes allocatedto theLot by thepreceding sentence.Ifthe co-Owners ofaLot cannot agree upon thevoteforthe Lots,thenthevote oftheLotshallbe disregardedin determiningthe particularmatteratissue. 2.2.2 Class B Membership The Class B member shallbe Declarant,provided thattheClass B membership shallterminateand become convertedtoClass A membership on theConversion Date. The 6 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch ClassB member isentitledtothegreaterof (a)three(3)votesforeachLotowned or (b)three (3)votesforeachUnitconstructedon eachLot owned. 2.3 Suspension. All votingrightsofan Owner shallbe suspended duringany period inwhich such Owner isdelinquentinthe payment of any assessment duly establishedpursuant toArticle3 orisotherwiseindefaultunderthe Governing Documents. The Board may also suspend an Owner's rightstousetheCommon Areas duringsuch periodofdefault. ARTICLE 3-ASSOCIATION FINANCES 3.1 Budgeting. 3.1.1 At leastsixty(60)days beforethebeginning ofeachfiscalyear,the Board shallpreparea budget oftheestimatedexpenses ofthe Associationforthecoming year. The estimatedexpenses inthe budget oftheAssociationshallinclude,inadditiontooperating reserves,acontributiontotheReserve Account determinedinaccordancewith thetermsof Section3.3 below. The budget shallalsoreflectthesourcesand estimatedamounts offundsto coversuch expenses,which may includeany surplustobe appliedfrom prioryears,any income expected from sourcesotherthanassessmentsleviedagainstthe Lots,and the amount estimated tobe generatedthrough thelevy ofassessmentsagainstLots. Finally,the budget shall differentiatebetween expensesapplicabletoallLotsversusexpensesapplicabletosome, butnot all,Lots. Estimatedoperatingexpenses and Reserve Account Assessments applicabletoall Lots shallbe allocatedamong such LotsasBase Assessments pursuant to Section3.2below, while estimatedoperatingexpenses and Reserve Account Assessments applicabletosome, but notallLots,shallbe allocatedamong theaffectedLotsas SpecificAssessments pursuantto Section3.4 below. 3.1.2 Within thirty(30) days afteradoptingtheannual budget,theBoard shall setadatefora meeting oftheMembers to considerratificationofthe budget and sendnoticeof such meeting totheMembers in accordance withSection4.5of the Bylaws. UnlesstheOwners holding a majorityofthevotesintheAssociationvotetorejectthebudget,thebudget isratified, whether ornota quorum ispresentatthemeeting.Ifthe Board failsto adopt a budget or ifthe Owners voteto rejectthebudget,then the lastadopted and ratifiedbudget forthe Association shallcontinuein effect. 3.1.3 The Board may revisethebudget and adjustthe assessmentslevied pursuanttheretofrom timetotime during the year,subjecttothesame noticeandratification procedures setforthabove. 3.2 Base Assessments. Upon determiningthe totalamount ofincome requiredtobe generatedthrough the levyofBase Assessments as provided in Section3.1,the Associationshall allocatesuch amount among theLots subjectto assessment (asdetermined under Section3.7 7 -Amended and RestatedDeclarationof ProtectiveCovenants, Conditions and Restrictionsfor Norton Ranch below) based on theformuladescribedinthefollowingsentence.The shareofBase Assessments tobe assessedby the AssociationagainsteachLot subjecttoassessmentshallbe representedby a fraction,the numerator ofwhich isthe number ofvotes assignedtothe particularLotand the denominator ofwhich isthetotalnumber ofClass A votesassignedtoall Lots subjectto assessment. Such fractionshallbe multipliedby thetotaldollaramount ofthe Base Assessments inordertodetermine thedollaramount oftheBase Assessment tobe levied againsteachLot subjectto assessment. Declarantmay, butisnot obligatedto,reducetheBase Assessment forany fiscal yearby payment ofa subsidy,which may be eithera contribution,an advance againstfuture assessments due from Declarant(ifany),ora loan,asdetermined by Declarantinitssole discretion.Any such subsidy shallbe disclosedasalineitemintheincome portionof the budget. Payment ofsuch subsidyin any year shallnot obligateDeclarantto continuepayment of such subsidyin futureyears,unlessotherwiseprovided inawrittenagreement between the Associationand Declarant. 3.3 Replacement Reserve Assessments. 3.3.1 As a partof any Annual Assessment the Board shallobtainfrom Owners contributionsforareserveaccount (the"Reserve Account") establishedforallitemsof property includedwithinthe Common Maintenance Areas which willnormallyrequiremajor maintenance,repairorreplacement,inwhole orinpart,inmore thanone (1)and lessthan thirty (30)years,forexteriorpainting(ifthe Common Maintenance Areas includesexteriorpainted surfaces),and forotheritems,whether arenotincludedwithinthedefinitionofCommon Maintenance Areas,iftheAssociationhas responsibilitytomaintain;provided,however, thatthe Reserve Account need not includeitems thatcouldreasonablybe funded from Base Assessments or SpecificAssessments orotherfunds oraccountsofthe Association,or items forwhich the Owners (and nottheAssociation)areresponsibleformaintenance,repairand replacementunder thetermsofthe Governing Documents. 3.3.2 The Declarantshallconductan initialreservestudy(a"Reserve Studv") todeterminetheReserve Account requirements.The Reserve Study shallinclude:(a) identificationof allitemsforwhich reservesareorwillbe established;(b)includethe estimated remaining usefullifeofeachitemasof the dateof the Reserve Study;and (c)includeforeach item,as applicable,an estimatedcostof maintenance,repairand replacement attheend of the item'susefullife.The Board shallthereafterperiodicallyconducta Reserve Study or reviewand update an existingReserve Study to determine the Reserve Account requirements. 3.3.3 ContributionstotheReserve Account ("Reserve Account Assessments") shallbe inan amount (a)initiallydetermined by Declarantbased upon theresults oftheinitialReserveStudy or otherreliableinformationand (b)thereafterby theBoard from timetotimebased on the resultsof theperiodicReserve Study (orreview and update of an existingReserve Study).Reserve Account Assessments shallbe allocatedtoLots inthe same manner asBase Assessments under Section3.2and SpecificAssessments under Section3.4,as 8 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch applicable,and shallbe paid totheAssociationmonthly,quarterlyor annuallyasdeterminedby theBoard. Reserve Account Assessments paid intotheReserve Account arethepropertyof the Associationand arenot refundabletosellersorOwners ofLots.The Reserve Account must be a separateaccount holding only ReserveAccount Assessments and otherfundsintendedtobe used forthesame purpose maintainedata federallyinsuredbank orotherdepositoryinstitution withbranchesin Montana, and any fundsintheReserve Account may be expended only forthe purposes forwhich the Reserve Account was establishedas describedabove. 3.3.4 Afterthe Turnover Meeting, theBoard may borrow fundsfrom the Reserve Account to meet high seasonaldemands on the Association'sregularoperatingfundor to meet unexpected increasesin expenses ifthe Board has adopted a resolution,which may be an annual continuingresolution,authorizingtheborrowing ofsuchfunds.Not laterthanthe adoptionofthebudget forthe followingyear,theBoard shalladoptby resolutionawritten payment plan providingforrepayment oftheborrowed funds withinareasonableperiodoftime. 3.3.5 At any time afterthesecond (2")year aftertheTurnover Meeting, futurereplacementreserveassessmentsforthe Reserve Account may be increasedor reduced by thevoteofOwners ofLots representingseventy-five(75%) oftheOwners. 3.3.6 Nothing inthisSection3.3prohibitsthe prudentinvestmentof Reserve Account funds,subjecttoany constraintsimposed by the Board orthe Governing Documents. 3.4 SpecificAssessments. The Associationshallhave theauthorityto levy assessmentstosatisfythe expenses of undertaking a particularprojectoreffortthatbenefitsome, but lessthan all,oftheLots (such assessments,"SpecificAssessments"). SpecificAssessments shallbe allocatedequallyagainstthe Owners ofthoseLotsthatbenefitfrom theproject,effortor otherspecificundertakingby the Association,unlessthe Association(initsreasonable discretion)determinesthatanothermethod of apportionment more accuratelyreflectsthebenefit receivedby such Owners (such as allocationtoeach Owner based on the number ofvotes entitledtobe castby thatOwner). 3.5 Special Assessments. InadditiontotheBase Assessments authorizedabove,the Board may levy"SpecialAssessments" againstan Owner orallOwners inthe followingmanner forthefollowingpurposes: (a) To correcta deficitinthe operatingbudget,by voteof a majorityofthe Board; (b) To collectadditionalamounts necessarytomake repairsor renovationsto theCommon Areas orCommon Maintenance Areas ifsufficientfundsarenotavailablefrom the operatingbudget orReserve Account, by voteofa majorityoftheBoard; and 9 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch (c) To make capitalacquisitions,additionsor improvements, by voteof Owners holdingatleastsixtypercent(60%) ofthe votingrightsoftheAssociation. SpecialAssessments shallbe leviedagainstallLots subjecttoassessmentinthesame 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)afailureto comply withthisRestatedDeclarationortheotherGoveming Documents hasnecessitatedan expenditureof monies by the Associationtoeffectcompliance or resultedinthe impositionofa fineorpenaltyagainstsuchOwner or suchOwner's Lot;or (b) correctiveactionof theAssociationhasnecessitatedan expenditureof monies by theAssociation asaresultofthe willfulor negligentactionsoromissionsofsuchOwner or such Owner's family members, tenants,guests,contractorsor invitees.A Reimbursement Assessment, togetherwith interest,costs,andreasonableattorney'sfees,shallbe due and payable totheAssociationwhen levied.A Reimbursement Assessment shallnotbe leviedby the Associationexcepton atleast ten(10)days'priorwrittennoticetotheOwner being assessed.If,withinsaidten (10)day period,theOwner makes awrittenrequestto the Board forahearing,a hearingshallbeheld.On requestfora hearing,theBoard shallconductthehearingnotlessthanten (10)normore than thirty(30)days afterthe requestby the Owner, and shallmake itsdecisionwithinthirty(30) days afterthe hearingisheld. Ifa noticehasbeen previouslygiven,and thehearinghas already been heldor waived (inwritingor by the Owner's failureto appear)fortheviolationresultingin the Reimbursement Assessment, no additionalnoticeand hearingisrequiredbeforelevyingthe Reimbursement Assessment. 3.7 Commencement ofAssessments. 3.7.1 Base Assessments and SpecificAssessments.Declarantshallpay all operatingexpenses of the AssociationuntilDeclarantelectstoassessthe LotsforBase Assessments and SpecificAssessments as provided herein.The dateofcommencement of Base Assessments and SpecificAssessments on theLots (excludingany Lots owned by Declarantora Builder,which shallbe exempt asprovided below) shallbe determined by Declarant;provided, however, inno event shallitcommence laterthantheTurnover Meeting or ifno Turnover Meeting isheld,thedate on which administrationoftheAssociationisturnedovertotheClass A members. 3.7.2 Reserve Account Assessments. Reserve Account Assessments commence on aLotasof the dateDeclarantora Builderconveys theLotto an Owner otherthan Declarantora Builder. 3.7.3 All OtherAssessments. SpecialAssessments and Reimbursement Assessments shallcommence on aLotasofthedate DeclarantoraBuilderconveys theLot toan Owner otherthan DeclarantoraBuilder. 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 thepayment ofBase Assessments, SpecificAssessments,Reserve Account Assessments,SpecialAssessments and Reimbursement Assessments foraperiodofone (1)year aftersuchLot was conveyed by DeclaranttotheBuilder;provided,however, that Declarantshallhave theright,ititssolediscretion,toextenda Builder'sassessment exemption periodforanadditionalyearby sending writtennoticethereoftotheAssociation. 3.8 Obligation for Assessments. Each Owner, by acceptingadeed forhis,heror theirLot,isdeemed tocovenantand agree topay allassessments authorizedinthisRestated Declarationor otherGoverning Documents. All assessments,togetherwith interest,finesand latecharges asdetermined by Board resolution,and collectioncosts(includingreasonable attorneys'fees),shallbe thepersonalobligationofeach Owner and alienupon eachLotuntil paid infull.Upon transferoftitletoa Lot,the granteeshallbe jointlyand severallyliablefor any assessments and otherchargesdue atthetimeof conveyance. The Associationmay sue any person liableforunpaid assessments and othercharges authorizedhereunder withoutforeclosing or waiving the liensecuringthe same. Failureof theBoard to fixassessmentamounts orratesorto deliverormaileach Owner an assessmentnoticeshallnotbe deemed a waiver,modificationor releaseof any Owner from the obligationtopay assessments.In such event,eachOwner shallcontinuetopay Annual Assessments on thebasisofthelastyear forwhich anassessment was made, ifany,untilanew budget becomes effectiveand anew assessmentisleviedpursuantthereto.Any such budget may includeasan expense item any shortfallinamounts previouslycollected. No Owner may exempt himselffrom liabilityforassessmentsby non-useof the Common Areas,abandonment ofhisor her Lot,or any othermeans. The obligationtopay assessmentsisa separateand independent covenant on thepartofeachOwner. No diminution orabatement of assessmentsorset-offshallbe claimedorallowedforany allegedfailureofthe AssociationorBoard totake some actionor perform some functionrequiredof it,orfor inconvenienceordiscomfortarisingfrom the making ofrepairsor improvements, orfrom any otheractionittakes. 3.9 Lien for Assessments. The Associationshallhave alien againsteachLotto securepayment ofdelinquentassessments,aswell asinterest,finesand latechargesas 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 recordedFirstMortgage made ingood faithand forvalue. Such lien,when delinquent,may be foreclosedinthesame manner as aconstructionlienoras otherwiseprovided by applicablelaw afterthe Association recordsa noticeoflienagainstthedelinquentLot intheOfficialRecords ofGallatinCounty, Montana. 11 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch The Associationmay bidfortheLot atthe foreclosuresaleand acquire,hold, lease,mortgage and convey theLot. While aLotisowned by the Associationfollowing foreclosure:(a)no rightto voteshallbe exercisedon itsbehalf;(b)no assessments shallbe leviedon it;and (c)eachotherLot shallbe charged,in additiontousual assessments,itspro rata shareoftheassessmentsthatwould have been charged tosuch Lot had itnotbeen acquiredby the Association. Sale or transferof any Lot shallnotaffecttheassessment lienorrelievesuchLot from the lienforany subsequent assessments.However, thesaleortransferof any Lot pursuant toforeclosureofaFirstMortgage oradeed inlieuofforeclosureforthebenefitof any First Mortgagee shallextinguishthe lienofsuchassessmentson theLotastopayments which became due priortothesaleor transfer.The unpaid assessmentsshallthen become common expenses of allOwners, includingtheFirstMortgagee and any purchaseratthe foreclosuresaleorfrom a FirstMortgagee. No saleor transferof any Lot pursuantto foreclosureofaFirstMortgage ora deed inlieuofforeclosureforthe benefitof any FirstMortgagee shallrelievesuch Lotfrom liabilityasto any assessmentsthereafterbecoming due orfrom thelienthereof.Notwithstanding the foregoing,no saleor transferof any Lot pursuanttoa mortgage foreclosureora deed inlieu offoreclosureforthebenefitof any FirstMortgagee shallbe deemed to extinguishany mortgage or lienwhich the Associationhasitselfplacedupon any propertyowned by the Association. 3.10 Interest;Late Fees: Fines. The Board,initsreasonablediscretion,may from timetotime adoptresolutionsto settherateofinterestand to impose latefeesand fineson delinquentassessments orforviolationsoftheprovisionsof thisRestatedDeclarationorother Governing Documents. The adoption of such impositionsby theBoard shallbe communicated toallOwners inwritingnotlessthan thirty(30)days beforetheeffectivedateby anoticemailed totheaddressofthe Owners ascontainedintherecordsoftheAssociation.Such impositions shallbe consideredassessmentsthatarelienableand collectibleinthesame manner as any other assessments;provided,however, thatfines(butnotinterestorlatefees)forviolationofthis RestatedDeclarationor otherGoverning Documents may notbe imposed againstanOwner or such Owner's Lotuntilthe Owner isgiven an opportunityfora hearing. 3.11 Acceleration of Assessments. IfanOwner isdelinquentinpayment of any assessmentor installmenton any assessment,theAssociation,on notlessthan ten(10)days' writtennoticetotheOwner, may acceleratethe due dateofthe fullannual assessment forthat fiscalyear and allfutureinstallmentsof any SpecialAssessments. 3.12 Certificateof Payment. The Associationshallprovide,withinten (10)business days of receiptof awrittenrequestfrom an Owner, acertificatesignedby anofficerofthe Associationsettingforth(i)the amount ofassessmentsdue from theOwner and unpaid atthe timetherequestisreceived,includingAnnual Assessments and allotherassessmentsauthorized inthisRestatedDeclaration,latefees,interest,finesand othercharges,(ii)thepercentagerateat which interestaccrueson assessments thatarenotpaidwhen due,and (iii)thepercentagerate used to calculatethecharges forlatepayments; provided,however, thatthe Associationisnot requiredtocomply with the foregoingifthe Associationhas commenced litigationby filinga 12 -Amended and RestatedDeclarationof ProtectiveCovenants, Conditions and Restrictionsfor Norton Ranch complaintagainstanOwner and thelitigationispending when the certificatewould otherwisebe due. A properlyexecuted certificateof theAssociationshallbe binding upon theAssociationas ofthedateofitsissuanceastothestatusofassessmentson aLot. 3.13 ReallocationUpon Annexation of Additional Property. When Additional Propertyisannexed totheSubdivisionpursuanttoSections13.1or 13,2,the Associationshall, within sixty(60) days aftertheannexation,recompute thebudget forthe Associationbased on the additionalLots,Common Areas and Common Maintenance Areas and recompute all applicableassessments foreach Lot. Newly annexed Lotsshallbe subjecttoassessmentfrom thetimeofannexationof theLotstothe Subdivision,unlessalaterdateisprovidedelsewhere in thisArticle3 (e.g.,Lotsowned by Declarantora Builder,which aregenerallyexempt from assessments).The Associationshallsendnoticeof any applicableassessmenttothe Owners of newly annexed Lotsnotlaterthan sixty(60)days afterthe annexationorwiththenext occurring Annual Assessment, whichever issooner.Assessments shallbe due and payable on orbeforea datesetforthinthenotice,which shallbe notlessthan thirty(30) days afterthedatethenoticeis mailedtothenew Owners oratsuch othertimeortimesasthe Associationmay specifyinthe noticeinaccordancewiththisRestatedDeclarationor the Bylaws. IfAdditionalPropertyis annexed totheSubdivisionduringtheAssociation'sfiscalyear,the Associationshallsend notice oftherecomputed assessment and any additionalassessmentsowed totheOwners oftheLots which were withinthe Subdivisionpriortotheannexation,and the Associationshallcollectsuch recomputed additionalassessments from suchOwners. Noticeoftheadjustmentinthe assessments shallbe senttosuchOwners notlaterthan sixty(60)days afterthe annexationor withthenext occurringAnnual Assessment, whichever issooner. To the extentthatany adjustmentresultsinacreditwith respectto assessmentspayableby an Owner, such creditshall be appliedtoward the next occurringpayment or payments ofthe applicableassessment. 3.14 Reallocation Upon Removal of aPortion ofthe Property. When partofthe Propertyisremoved from the SubdivisionpursuanttoSection 13.3,the Associationshall,within sixty(60)days aftertheremoval, recompute the budget fortheAssociationbased on theremoval ofthe applicableLots,Common Areas and Common Maintenance Areas and recompute all applicableassessmentsforeachofthe remaining Lots.The Associationshallthensend noticeof therecomputed assessmentand any additionalassessments owed tothe Owners of Lots which remain intheSubdivisionafterthe removal notlaterthan sixty(60)days aftertheremoval or withthenext occurringAnnual Assessment, whichever issooner,and theAssociationshall collectsuch recomputed additionalassessments from theremaining Owners. To the extentthat any adjustmentresultsinacreditwith respectto assessmentspayable by an Owner ofaLot which remains intheSubdivisionaftertheremoval,suchcreditshallbe appliedtoward thenext occurringpayment or payments of theapplicableassessment. Lots removed from the Subdivisionshallno longerbe subjectto assessment asof the effectivedateoftheremoval; provided,however, thatthe lienforany assessmentsdue priorto thedateofsuchremoved (if any) shallremain alien on theLotsremoved from the Subdivisionuntilpaid infull. 3.15 No Reimbursement toDeclarant.The proceeds of any assessmentsshallnotbe usedto reimburse Declarantforany capitalexpendituresincurredin constructionorother 13 -Amended and RestatedDeclarationof ProtectiveCovenants, Conditions and Restrictionsfor Norton Ranch improvements ofCommon Areas orCommon Maintenance Areas,nor fortheoperationor maintenance ofsuchfacilitiesincurredbefore conveyance ofsuchcommon facilitiestothe Association. ARTICLE 4-EASEMENTS AND RIGHTS OF ENTRY 4.1 Plat Easements. The Propertyshallbe subjecttoalleasements delineatedon the Plat. 4.2 Owners' Easements inCommon Areas. DeclarantgrantstoeachOwner a perpetual,nonexclusiverightand easement ofuse,accessand enjoyment inand tothe Common Areas,subjecttotherestrictionsand limitationssetforthinthisArticleand elsewhereinthis RestatedDeclaration. 4.3 Easement of Encroachment. Declarantgrantsreciprocalappurtenanteasements of encroachments,and formaintenance and useof any permittedencroachment,between each Lot and any adjacentCommon Areas and between adjacentLotsdue to unintentionalplacement or settlingor shiftingof improvements constructed,reconstructedor alteredthereon(in accordancewith thetermsofthisRestatedDeclaration)toadistanceofnotmore thethree(3) feet,as measured from any pointon thecommon boundary along a lineperpendiculartosuch boundary. Inno event,however, shallan easement forencroachment existifsuch encroachment occurreddue willfuland knowing conducton thepartof,orwith theknowledge and consentof, thepersonclaimingthe benefitofsuch easement. 4.4 Easements for Utilities,Etc. 4.4.1 Declarantreservesforitselfand theAssociation,forthebenefitofthe Propertyand any AdditionalProperty,perpetual,nonexclusiveblanketeasements upon, across, overand underthePropertyand AdditionalPropertyforpurposes of ingress,egress,installation, maintenance,repairand replacement of utilitiesand infrastructure;cableand othersystems for sendingand receivingdata and/orotherelectronicsignals;securityand similarsystems; walkways, pathways and trails;stormwater drainagesystems;irrigationsystems;sanitarysewer systems;streetlights;signage;and entryfeatures;provided,however, thatthe exerciseofthese easements doesnot unreasonably interferewiththeuse of any Lot. Declarantfurtherreservesfor itselfand the Associationtherightto grantthebenefitof any such easements tothelocal municipal governmental body and otherutilityserviceproviders. 4.4.2 Declarantalsoreservesforitselfand theAssociationthenonexclusive rightand power to grantand recordsuch specificeasementsover the Propertyand Additional Propertyas may be necessary,inthesolediscretionofDeclarantortheAssociation,to exercise the rightsand easements grantedby thepreceding paragraph. The Owner of any Lottobe burdened by any easement grantedpursuanttothisSection4.4 shallbe given advance written noticeofthegrant,and the locationofthe easement on suchLot shallbe subjecttothewritten approvaloftheOwner (which shallnotbe unreasonablywithheld,delayed or conditioned); 14 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch provided,however, thatan Owner shallbe deemed to have consentedtothelocationofan easement on hisorherLot iftheOwner hasnot responded toawrittenrequestwithinthirty(30) days aftersuch requestwas mailed totheOwner's addresson recordwiththeAssociation. 4.4.3 Allwork associatedwiththeexerciseoftheeasements describedinthis Section4.4 shallbe performed insuch amanner astominimize interferencewith theuseand enjoyment ofthe propertyburdened by the easement. Upon completion of thework, theperson exercisingthe easement shallrestorethe property,totheextentreasonablypossible,toits conditionpriorto commencement ofthework, exceptforany improvements placedwithinutility easementsinviolationof thetermsofthisRestatedDeclaration.The exerciseoftheseeasements shallnotextendtopermittingentryintoany Unit withouttheOwner's consent,norshallit unreasonably interferewiththeuse of any Lot by the Owner thereof.Except inan emergency, entryonto any Lot shallbe made only afterreasonablenoticetotheOwner or occupant. 4.5 Easements toServe Additional Property. Declaranthereby reservesforitself and itsduly authorizedagents,successorsand assignsa perpetual,nonexclusive easement over the Common Areas forpurposes of enjoyment,use,accessand development of anypropertynow or hereafterowned by Declarantadjacenttoor near theProperty,whether ornot such propertyis made subjectto thisRestatedDeclaration.Thiseasement includes,butisnotlimitedto,a right of ingressand egressover the Common Areas forconstructionand useof roads,sidewalksand walkingpaths,and forconnectingand installingany and allutilitieson such property. Declarantagreesthatitand itsduly authorizedagents,successorsand assigns shallbe responsibleforany damage caused totheCommon Areas asaresultoftheirrespective actionsinconnectionwith development ofsuch property.Declarantfurtheragreesthatifthe easement isexercisedforpermanent accesstosuch propertyand such propertyor anyportion thereofbenefitingfrom sucheasement isnotmade subjecttothisRestatedDeclaration, Declarant,itssuccessorsor assignsshallenterintoareasonableagreement withtheAssociation tosharethecostof any maintenance which theAssociationprovidestoor alongany roadway, sidewalkor walkway providingaccesstosuch property. 4.6 Easements for Maintenance, Emergency and Enforcement. Declarantgrants totheAssociationeasements overthe Propertyand AdditionalPropertyas necessaryto enable the Associationto fulfillitsmaintenance responsibilitiesunder thisRestatedDeclaration.The Associationshallalsohave theright,butnotthe obligation,toenterupon any Lot foremergency, securityand safetyreasonsto perform maintenance and toinspectforthepurpose ofensuring compliance withand enforcethe terms ofthisRestatedDeclarationand the otherGoverning Documents. Any such rightmay be exercisedby any member oftheBoard and itsduly authorizedagentsand assignees,and allemergency personnelinperformance oftheirduties. Except inan emergency situation,entryonto a Lot shallonly be duringreasonablehoursand afternoticetotheOwner. 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 orcondition(including,butnotlimitedto,drainageissues)which may existon any portionofthePropertyand AdditionalProperty,and a perpetual,nonexclusive easement of accessthroughoutthe Propertyand AdditionalPropertytotheextentreasonablynecessaryto exercisesuch right.Except inan emergency situation,entryonto a Lot shallonly be during reasonablehours and afternoticetothe Owner; provided,however, thatno entryintoaUnitis permittedwithouttheconsentof theOwner. The person exercisingtheseeasements shall promptly repairany resultingdamage. 4.8 Perimeter Fence Easement. An easement ishereby declaredforthebenefitof theDeclarantand the Associationforthe construction,maintenance,repairand replacementof fencingalong theperimeterofthe Property,whether ornotsuch fencingislocatedon the Common Areas orLots. Declarant,however, isunderno obligationto constructany perimeter fencing.Any perimeterfencingconstructedby Declarantshallbe maintainedby theAssociation asaCommon Maintenance Area. 4.9 Retainine Wall Easement. Retainingwallsmay have been constructedby DeclarantwithintheProperty(the"RetainingWalls"). The RetainingWalls arenotinallcases locatedon aLot line.The locationofa RetainingWall (orthe constructionby an Owner of any improvements on orneartheRetainingWall) shallnotconstituteevidenceof the intended locationofaLot line,or provide grounds forany claimofadversepossessionor prescriptive easement. Each Lot upon which any portionofa RetainingWall islocatedshallbe subjecttoan easement,forthebenefitoftheAssociationand allotherLots,forthepurposes of supportby and naturaldrainagefrom such RetainingWall. RetainingWalls may or may nothave been designed by a professionalengineer,and no Owner shalltakeany actionto add,constructor placeany improvement on theLotso thatitmay, inthejudgment oftheAssociation:resultindisturbance of,weakening of,or damage toa RetainingWall; increaseany engineered loadoralterdesign criteria;or cause damage tothe RetainingWall or surroundingproperties.Any LotOwner who takessuch action,or who otherwisedamages a RetainingWall,shallbe responsibleforall resultingcostsof repairand restorationofthe RetainingWall. ThisSection4.9shallnot applyto retainingwalls constructedby anOwner on itsown Lot. 4.10 SpecialDeclarant Easements. Declarantreservesforitselfand itsduly authorizedagents,successorsand assigns,perpetual,nonexclusive easements on,overand across theCommon Areas forpurposes of (a)constructingand maintainingsuch facilitiesand activities as Declarant,initssolediscretion,deems necessaryorconvenienttothesaleofLots and Units, including,but notlimitedto,businessoffices,signs,model unitsand salesoffices;(b) constructingand maintainingCommon Areas,includingany structuresthereon;and (c)storing materialsand making such otheruse thereofas Declarant,initssolediscretion,deems necessary orconvenienttotheconstructionof Units and otherstructureson thePropertyor Additional Property(providedthatno such storageorotheruseshallunreasonably interferewithaccessto, or theuse,occupancy and enjoyment of,any Lot).Declarantshallalsohave easementsfor accesstoand use oftheCommon Areas forsuchfacilitiesatno charge. 16 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch ARTICLE 5-COMMON AREAS 5.1 Use ofCommon Areas. Every Owner shallhave a righttouseand enjoy the Common Areas,subjectto: (a) The termsofthisRestatedDeclarationasitmay be amended from timeto timeand any restrictionsor limitationscontainedinany deed conveying theCommon Areas to the Association; (b) The Board's Right to: (i) adopt,promulgate,enforceand amend from timeto timetheRules and Regulationspertainingtotheuseand enjoyment oftheCommon Areas,includingrulesand regulationslimitingthe number of guestsofOwners who may usetheCommon Areas atany one time; (ii) suspend therightof an Owner, afternoticeand an opportunityfor a hearing,touseallor any portionoftheCommon Areas (A) forany periodnottoexceed thirty (30) days fora singleviolation,or fora longerperiodinthecaseof any continuingviolationof thisRestatedDeclarationor the Bylaws orRulesand Regulations;and (B)forany periodduring which any assessmentsor any othercharges forsuchOwner's Lotremains delinquent; (iii) granteasements and dedicateortransferallor any partofthe Common Areas pursuanttoSections4.4and 5.2; (iv) mortgage,pledge or hypothecate any orallofitsrealor personal propertyas securityformoney borrowed ordebtsincurred,subjecttotheapprovalrequirements setforthinSection5.2; (v) impose reasonablemembership requirementsand charge reasonableadmission orotheruse feesfortheuse of any recreationalfacilitysituatedupon the Common Areas thatisnot open oravailabletothe generalpublic;and (vi) permituse of any recreationalfacilitiessituatedon theCommon Areas by persons otherthan Owners, theirfamilies,lesseesand guestsupon payment ofusefees establishedby the Board; (c) Alleasements grantedorreservedby DeclarantinthisRestated Declaration,and alleasements subsequentlygrantedor reservedby Declarantpursuanttoa right grantedorreservedinthisRestatedDeclaration. An Owner who residesin a Unit may extendhisorher righttouse and enjoyment oftheCommon Areas to the othermembers ofhisorherhousehold and to guests,subjecttothe termsofthisRestatedDeclarationand theRules and Regulations.IfanOwner does notresideat hisorher Unit,thentheOwner shallbe deemed to have assignedallofthe Owner's rightstouse 17 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch and enjoyment oftheCommon Areas toresidentsor occupants ofsuch Unit,subjecttotheterms ofthisRestatedDeclarationand the Bylaws and Rulesand Regulations. No Owner shallmake any change toany Improvement or landscapingupon the Common Areas,or decorate,alteror repairany partoftheCommon Areas (exceptfor maintenance ofthosepartsoftheCommon Areas which theOwner hastheduty tomaintain,if any),withoutthepriorwrittenconsentoftheAssociation. 5.2 Alienationof Common Areas. The Associationmay sell,dedicate,transfer, granta securityinterestin,or grantan easement forinstallationor maintenance of utilitiesorfor similarpurposes with respectto any portionof theCommon Areas. Except forgrantsof easements forutility-relatedpurposes under Section4.4 above,no such sale,dedication,transfer or grantofa securityinterestshallbe effectiveunlessapproved by eightypercent(80%) ofthe votesofbothClass A and ClassB members, or eightypercent(80%) ofthevotesofClassA members once Declaranthas relinquisheditsClassB membership interests.Any saleof portions oftheCommon Area thatincludepublictrailsor walkingpaths shallbe made subjectto reserved easements infavorofthepubic oversuchtrailsand walking paths. 5.3 Conversion ofLots toCommon Areas. Declarantmay electtobuildcommon facilitieson one ormore Lotsand designatesuch LotsasCommon Areas by amending this RestatedDeclaration.Such amendment tothisRestatedDeclarationshallbe executedby Declarantand bear acertificateofthePresidentor SecretaryoftheAssociationrecitingthatthe holdersofa majorityofthe votingrightsinthe Associationhave approved suchconversionto Common Areas. 5.4 No Partition.There shallbe no judicialpartitionof the Common Areas. Each Owner, whether by deed,gift,devise,or operationof law,forsuch Owner's benefitand forthe benefitofallotherOwners, specificallywaives and abandons allrights,interests,and causesof actionforjudicialpartitionof any interestintheCommon Areas and agreesthatno actionfor judicialpartitionshallbe instituted,prosecuted,orreducedtojudgment. 5.5 TitletoCommon Areas. Declarantshallcause feesimple titletothe Common Areas tobe conveyed totheAssociation,freeand clearof monetary liens,no laterthan the date oftheTurnover Meeting,and theAssociationshallunconditionallyacceptfeetitletothe Common Areas from Declaranton suchdate. 5.6 Damage or Destruction By Owner. Ifdamage to any Common Areas or Common Maintenance Areas isdirectlyattributableto an Owner orthe familymembers, invitees,licensee,or guestofan Owner, then thatOwner shallrepairsuch damage or destruction as soon as reasonablypracticable,butinno eventlaterthan fifteen(15) days afterthe datethe damage occurred,athisor hersoleexpense and withouta rightof reimbursement.Ifan Owner failstorepairsuch damage timely,theAssociationshallhave 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 Associationshallmaintainand keep the Common Maintenance Areas in acleanand attractiveconditionand ingood repair,such maintenance to be funded by Annual Assessments as provided inthisRestatedDeclaration.This maintenance shallinclude,butneed notbe limitedto,maintenance,repairand replacement (subjecttoany insurancethenin effect)ofthe following: (a) alllandscape plantings,treesand lawn areas(includingirrigationthereof) locatedon theCommon Areas and withintheParks (untilsuchtimeastheCityaccepts maintenance responsibilityforthe Parks),which shallinclude,butisnotlimitedto,removal and replacement ofdead or dying treesand otherlandscapingtoensure compliance withthe approved landscapingplan (butsubjecttothetermsofSection 11.2); (b) allsidewalks,trails,walking pathsand pedestrian/bicyclepathslocatedon the Common Areas and withintheParks (untilsuchtimeastheCityacceptsmaintenance responsibilityforthe Parks); (c) allmonument entrysignsand featuresfortheSubdivisionwithinor adjacenttotheProperty; (d) the storm water conveyance and detentionsystems servingthe Subdivision (exceptforany drainageswales locatedon Lots),which shallbe maintained per thedesign intent ofthe approved plans forsuch systems and any applicableoperationsand maintenance plans; (e) any perimeterfencingconstructedby Declarant(althoughDeclaranthas no obligationto constructany perimeterfencing); (f) any RetainingWalls constructedby Declarant;and (g) allotherstructuresand Improvements situatedinoron the Common Areas,unlessmaintenance thereofisdelegatedtotheOwners under thetermsofthisRestated Declarationor handled by the City or a utilityserviceprovider. The Associationmay alsomaintainotherpropertywhich itdoesnotown and is not requiredto maintainiftheBoard determines,initsdiscretion,thatsuch maintenance is necessaryordesirable.Such areasshallbecome partoftheCommon Maintenance Areas upon approvalby the Board. 6.2 Maintenance by Owner. Each Owner shallatalltimes keep hisorherLot and Unit(s)(includingallImprovements and alllandscapeplantings,treesand lawn arealocatedon hisorher Lot)inacleanand attractivecondition,ingood repair,and incompliance withall applicablecovenants and municipal ordinances,unlesssuch maintenance responsibilityis 19 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch otherwiseassumed by or assignedto the AssociationpursuanttoSection6.1 above or any other provisionsofthisRestatedDeclaration. Each Owner shallalsobe responsibleformaintainingthe landscape plantings,treesand lawn area(includingirrigationthereof)withinthepublicright-of-wayadjacenttohisor herLot totheback of thestreetcurb;provided,however, thatthereshallbe no rightto remove trees, shrubsorsimilarlandscapingfrom thisareawithoutthepriorwrittenconsentof theAssociation and compliance withtheterms of Section 11.2and any applicablezoning ordinances. Responsibilityformaintenance of landscape plantings,treesand lawn areasas required by thepreceding paragraphs shallincluderesponsibilityforwateringthesame as needed to maintainthem ina healthycondition,freefrom weeds and othernoxious plantmaterials,and not permittinggrassestoexceed fourinches(4")inheight.Itshallalsoincluderesponsibilityfor removal and replacement of diseasedordead trees,shrubs and otherlandscaping,subjectto obtainingany requiredtreeremoval permit from the localmunicipal authorityand the terms of Section11.2. Ifany Owner failstoproperlyperform hisorhermaintenance responsibility,the Associationmay, butisnot obligatedto,perform such maintenance responsibilitieson behalfof suchOwner and assessthe Owner foraReimbursement Assessment in accordance withSection 3.6of thisRestatedDeclaration;provided,however, thatexceptwhen entryisrequireddue toan emergency situation,the Associationshallprovide the Owner withreasonablenoticeand an opportunitytocure the problem priorto entry. 6.3 Maintenance Durine Construction.During constructionitshallbethe responsibilityofeach Owner (includinga Builder)toinsurethathisorherLotand adjacentareas arekept freeofunsightlyaccumulation ofrubbishand scrapmaterials,and thatconstruction materials,trailers,shacks and the likearekept inaneatand orderlymanner. No burning of any trashand no accumulation or storageof litterortrashofany kind shallbe permittedon any Lot ortheCommon Areas.ThisSection6.3shallnotbe applicableto Declarantoritsemployees, agentsorcontractors. ARTICLE ?-ARCHITECTURAL REVIEW 7.1 Architectural Review Committee. A committee tobe known asthe ArchitecturalReview Committee e"ARC" shallbe establishedconsistin ofthenotlessthan three(3)members ormore thanfive(5)members, exceptthatthe ARC may, attheoptionof Declarant,consistofasfew asone (1)member (which may be Declarant)forso long as Declarantowns any Lotwithinthe Subdivision.Each member ofthe ARC shallserveforaone (1)yearterm,exceptthatthemember(s) ofthe ARC appointedby Declarantmay serveuntil Declarantno longerowns any Lot withintheSubdivision. 7.1.1 The members oftheARC shallbe appointed,terminatedand/orreplaced by Declarantforso long asDeclarantowns any Lot withinthe Subdivision.Thereafter,the 20 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch Board shallappointthe members oftheARC. Members oftheARC may be terminatedand/or replacedby the Board, withor withoutcause,exceptthattheBoard may notterminateany member oftheARC appointedby Declarantso long asDeclarantowns any Lotwithinthe subdivision. 7.1.2 Declarantshallhave therightto voluntarilyrelinquishcontrolofthe ARC totheBoard during theperiodinwhich Declarantowns any Lotwithinthe Subdivision,in which event Declarant'srightto appoint,terminateand replacemembers oftheARC shall termmate. 7.1.3 The purpose oftheARC istoenforcethearchitecturalstandardsofthe community and to approve or disapprove plans forimprovements proposed on theLots. 7.1.4 The ARC shallactby simple majorityvote,and shallhave theauthority todelegateitsdutiesand toretaintheservicesofa professionalengineer,architect,designer, inspectororotherperson toassistintheperformance ofitsduties. 7.2 Design & Construction Guidelines. The ARC may, withthe approvalofthe Board, adopt,amend, modify orreviseDesign & ConstructionGuidelines;provided,however, thatDeclarantmay adopt,amend, modify and revisethe Design & ConstructionGuidelines withoutthe consentof anyone so long asDeclarantowns any LotwithintheSubdivision. NeitherDeclarantnorthe ARC, however, shallhave an obligationto adoptDesign & ConstructionGuidelines.No amendments, modifications,orrevisionstothe Design & ConstructionGuidelinesshallaffectany priorARC approval. 7.3 Scope of Review. No Improvements may be undertaken,constructed,altered, added ontoor replacedupon any portionofthe Propertywithout thepriorwrittenconsentofthe ARC. 7.4 Submission ofPlans. Beforetheinitiationof constructionof any Improvement upon any Lot,the Owner thereofshallfirstsubmit totheARC a complete setofplansand specificationsfortheproposed improvements. Plansshallincludeelevationdrawings,design plans,specificationsof materialsand exteriorcolors,and any otherinformationdeemed necessaryby theARC fortheperformance ofitsfunctionpursuanttotheprocedure outlinedin the Design & ConstructionGuidelines(ifany).In addition,theOwner shallsubmit theidentity oftheindividualor company intendedto perform thework and projectedcommencement and completion dates.Inthe eventan Owner submits plans or specificationstotheARC thatarenot adequate to permittheARC to make an informed determinationunder thisArticle,theBoard shallhave the authorityto requiretheOwner submittingthe inadequateplans or specificationsto retain,attheOwner's expense,theservicesof a professionalengineer,architect,designer, inspectororotherperson toassistinthepreparationofasufficientsubmittaltotheARC. 7.5 Plan Review. Upon receiptby the ARC ofalloftheinformationrequiredby this Article,itshallhave thirty(30)businessdays inwhich toreview saidplans.The proposed 21 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch improvements willbe approved if,inthesoleopinion oftheARC: (a)theimprovements willbe ofan architecturalstyleand materialthatare compatible withtheotherstructuresintheProperty; (b)the improvements willnotviolateany restrictivecovenantor encroach upon any easement or crossbuildingsetback lines;(c)the improvements willnotresultinthereductioninproperty value,useor enjoyment of any ofthe Property;(d)theindividualor company intendedto perform the work isacceptabletotheARC; and (e)theimprovements willbe substantially completed,includingallcleanup,withinsix(6)months of thedateofcommencement. Ifthe ARC failstoissueitswrittenapprovalor rejectionwithinthirty(30)businessdays ofitsreceipt ofthelastofthematerialsordocuments requiredto complete the Owner's submission,thenthe ARC's approval shallbe deemed tohave been grantedwithout furtheraction.The ARC's approvalof plansand specificationsshallbe validfora periodoftwelve (12)months from the date of issuance,duringwhich time theOwner must commence constructionoftheapproved Improvements and thereafterdiligentlyproceed to completion;otherwisethe approvalisvoid. 7.6 Non-conforming Structures. Ifthereshallbe amaterialdeviationfrom the approved plansinthecompleted improvements, such improvements shallbe inviolationof this Articletothesame extentas iferectedwithoutpriorapproval of the ARC. The ARC, the Associationor any Owner may maintainanactionatlaw orinequityforthe removal or correctionofthe non-conforming structureand,ifsuccessful,shallrecover from the Owner in violationallcosts,expenses and feesincurredintheprosecutionthereof. 7.7 Immunity ofARC Members. No individualmember ofthe ARC shallhave any personalliabilitytoany Owner or any otherperson fortheactsoromissions oftheARC ifsuch actsoromissionswere committed ingood faithand withoutmalice.The Associationshall defend any actionbroughtagainstthe ARC or any member thereofarisingfrom actsor omissionsoftheARC committed ingood faithand withoutmalice. 7.8 Limited Review. Any review and approvalmade by the ARC islimitedto compliance with theintentofthearchitecturalstandardsofthe neighborhood asmay from time totime be establishedby theBoard and/ortheDesign & ConstructionGuidelines.The review and approvalmade by theARC isnottobe construedas superseding,replacing,ormodifying any review,approval,or permit requiredby any local,stateorfederaljurisdictionalagencies.It istheapplicant'sresponsibilitytoobtainand comply with any permits thatmay be requiredby any local,state,or federaljurisdictionalagency. 7.9 Address forNotice. Requests forARC approvalor correspondence with the ARC shallbe addressedtotheNorton Ranch Community Association,ArchitecturalReview Committee, atthe addressas may be designatedfrom timetotime by theARC. No correspondence orrequestforapproval shallbe deemed to have been receiveduntilactually receivedby the ARC ina form satisfactorytotheARC. 7.10 Appearance and Design of Subdivision. The Declarantshallnotbe prevented from changing the appearance of the Common Areas,includingthe landscapingand any other aspectsdirectlyor indirectlyconnected withitsdevelopment of theSubdivisionso long as 22 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch Declarantobtainsallapplicablegovernmental approvalsand consents. The constructionand materialstandardsofthisRestatedDeclarationand/orplansand drawings notwithstanding, Declarantmay change exteriorand/orinteriordesignsofUnitsfrom 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. Allconstructionby Declarantestablishesthestandardsforthe ARC and isdeemed tomeet any Design & ConstructionGuidelinesoftheAssociationand is deemed tobe approved by theARC. 7.12 Approval of Builder Plans. Declarantshallhave theright,initssolediscretion, to approve theplansand specificationsforallImprovements thatwillbe constructedby a Builder,and allconstructionby aBuilderpursuantto theplans and specificationsapproved by Declarantisdeemed to satisfytherequirementsofthisArticle7. ARTICLE 8-INSURANCE AND INDEMNIFICATION 8.1 Association Insurance Coverage. The Associationshallobtainand maintainat alltimestheinsurancerequiredbelow and such additionalinsuranceasthe Board deems advisable,which willinclude,butisnotbe limitedto,the following: 8.1.1 PropertyInsurance.The Associationshallobtainand maintain atall timesa policyofpropertyinsurancecoveringallinsurableimprovements withinthe Common Areas againstlossor damage resultingfrom fireand otherhazardscovered under specialform coverage ("allrisk"),includingvandalism,maliciousmischief,sprinklerleakage,debrisremoval, costof demolition,windstorm, floodand water damage endorsements.Coverage shallbe forthe fullinsurablereplacement cost(withoutdeductionfordepreciation)ofsuch improvements, exclusiveof land,foundation,excavationand otheritems normally excludedfrom coverage,and shallbe subjecttoa commercially reasonabledeductible.Such policyofinsuranceshallcover theinterestsoftheAssociationand theOwners and FirstMortgagees as theirinterestsmay appear and,ifavailableatreasonablecost,the followingterms: (a) A waiverof subrogationby theinsurerasto any claimsagainstthe Associationand itsBoard and propertymanager (ifany),and againstany Owner or guestof any Owner; (b) A standardmortgagee clause,except thatthelosspayment provisionshallbe subjecttothetermsofArticle9 ofthisRestatedDeclaration; (c) A provisionthatno policymay be canceled,invalidated,or suspended because ofthe actionofan Owner; 23 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch (d) A provisionthatno policymay be canceled,invalidated,or suspended becauseoftheconduct of any director,officer,or employee of the Associationunless the insurergivestheAssociationa priorwrittendemand thattheAssociationcorrectthe defect and allowstheAssociationareasonabletimetomake thecorrection; (e) A provisionthatthepolicyisprimary intheeventanOwner has otherinsurancecoveringthesame loss; (f) A provisionthatthepolicycannotbe canceledor substantially modifiedwithoutatleastten (10)days' priorwrittennoticetoallinsureds;and (g) A provisionthatany adjustment ofthelosswillbe made by the Association,and thatallproceeds thereofshallbe paid toeithertheAssociationor aninsurance trustee,as provided inArticle9 ofthisRestatedDeclaration. The Board may by resolutiondeterminetheamount ofdeductibleforsuch insurancepolicy,based on availabilityand costs.Owners shallbe responsibleforthedeductible totheextentthatitisdetermined they,theirtenantsor guestsareresponsibleforthe damage causedtotheCommon Maintenance Areas orotherpropertiesthattheAssociationinsures. 8.1.2 LiabilityInsurance.The Associationshallatalltimes maintain commercial generalliabilityinsurancecoveringthe Common Areas and Common Maintenance Areas (including,butnotlimitedto,theParks)withlimitsoflossofnot lessthan $1,000,000 combined singlelimitforpersonalinjuryor propertydamage (suchpolicylimitsto be reviewed atleastannuallyby theBoard and increasedinitsdiscretion),insuringtheAssociation,all Ownets, and any managing agent againstliabilitytothepublicortoindividualOwners, subject toa commercially reasonabledeductible. 8.1.3 Workers and Employers Insurance. The Associationshallobtainand maintain atalltimesworker's compensation and employer'sliabilityinsurancetothe extent requiredby applicablelaws. 8.1.4 FidelityBonds. The Board shallobtainand maintainatalltimes fidelity bonds naming theBoard and allotherofficers,directorsand employees oftheAssociation handling or responsibleforfundsof or administeredby theAssociation.Ifa management agent hasthe responsibilityforhandling or administeringfundsof theAssociation,themanagement agentwillbe requiredto maintain fidelitybond coverage foritsofficers,employees and agents responsibleforsuchfunds. Inno eventmay the aggregateamount ofsuchbonds be lessthan a sum equal to three(3)months Annual Assessments. The bonds must containwaivers by the issuersof thebonds ofalldefensesbased upon the exclusionof persons servingwithout compensation from the definitionof "employees," orsimilartermsor expressions. 8.1.5 InsuranceAgainst Loss of Association'sPersonalProperty.The Associationshallobtainand maintain atalltimes insuranceagainstlossof personalpropertyof 24 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch the Associationby fire,theft,and otherlosses,withdeductibleprovisionsas theBoard deems advisable. 8.1.6 OtherInsurance.Such otherinsuranceastheBoard deems advisable; provided,however, thatnotwithstandingany otherprovisionsherein,the Associationshall continuouslymaintain ineffectsuch 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,orothergovernmental or quasi- governmental agency involvedinthe secondarymortgage market,so long assuch agency isa Mortgagee, an insureror guarantorofa Mortgage, orOwner ofa Lot,excepttotheextentsuch coverage isnot availableorhasbeen waived inwritingby such agency. 8.2 Owners' Insurance Coverage. Each Owner shallobtainand maintain a homeowner's insurancepolicycoveringallinsurableimprovements locatedon itsLotand liabilityresultingfrom useor ownership oftheLot. The insurancecoverage maintainedby the Associationshallnotbe brought intocontributionwiththeinsuranceobtainedby an Owner underthisSection. 8.3 Builders' Insurance Coverage. Each Buildershallmaintainthefollowing msurance coverages: 8.3.1 LiabilityInsurance. Commercial generalliabilityinsurancewith limits oflossofnotlessthan $1,000,000 combined singlelimitforpersonalinjuryor propertydamage, subjecttoa commercially reasonabledeductible. 8.3.2 Automobile Insurance.Automobile liabilityinsurancecoveringowned, hired,and non-owned vehiclesinan amount of notlessthan $500,000 per occurrence. 8.3.3 Workers and Employers Insurance.Worker's compensation and employer's liabilityinsurancetotheextentrequiredby applicablelaws. 8.3.4 Additionalrequirements.Each insurancepolicyrequiredtobe maintained by aBuilderunder Sections8.3.1and 8.3.2above shallname Declarantand the Associationas additionalinsuredsand shallbe endorsed (ifnecessary)toinsurethe Builder's indemnificationobligationunder Section8.4below. Each Buildershallprovide acertificateof insuranceevidencingcompliance withthisSectiontoDeclarantand the Associationpriorto commencing anypreparatoryor constructionactivitieson any Lot,upon request,and upon renewal orissuanceofnew policies. 8.4 Builders'Indemnification. Each Builderagreesto indemnify,defend and hold Declarantand the Associationharmless from and againstany claims,demands, actions,suits, judgments, losses,damages, penalties,fines,costs,or expenses,includingattorneys'fees (collectivel,"Claims") arisin from or relatinto theactivitiesof theBuilderand its 25 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch employees, agents,consultants,contractorsand supplierswithintheSubdivision;or (b)the Builder'sfailureto comply withthetermsand conditionsofthisRestatedDeclaration,exceptto the extentof any Claims caused by the grossnegligenceorintentionalactsofpartyclaiming protectionunderthisindemnification. ARTICLE 9-DAMAGE OR DESTRUCTION 9.1 Common Areas. Ifany improvements withintheCommon Areas aredamaged or destroyedby fireor casualty,therepair,restorationorultimatedispositionof any insurance proceeds shallbe inaccordancewiththefollowing: (a) Ifthe insuranceproceeds derivedfrom such lossamount to $75,000 or less,thentheBoard shallcontractwith any licensedcontractororcontractorstorebuildorrepair such damage or destroyedimprovements inconformance withtheoriginalplansand specifications,orifadherencetosuch originalplans and specificationsisimpracticableinthe Board's opinion,theninconformance withrevisedplans and specificationsprovidedsuch repairsor rebuildingshallbe ofa qualityand kind substantiallyequivalenttotheoriginal construction.The Board shallacceptbids only in specificamounts and shallnotenterintoany cost-plusorotherslidingscalearrangement forcompensation tothecontractor. (b) Ifthe insuranceproceeds derivedfrom suchlossexceed $75,000,allsuch insuranceproceeds shallbe paiddirectlytoaninsurancetrusteeasmay be designatedby the Board, astrusteeforallaffectedOwners and theirrespectiveFirstMortgagees, astheirinterests may appear. The insurancetrusteeshalldisbursetheinsuranceproceeds periodicallyas constructionprogresses,subjectto satisfactionof thefollowingconditions: (i) Upon notificationof thereceiptof insuranceproceeds by the insurancetrustee,theBoard shallenterintoacontractfora specificdollaramount witha licensedcontractoror contractorfortherepairorrebuildingofallofthe damaged ordestroyed improvements, asnearlyas practicabletothe originalplans and specificationsthereofand in accordancewith allapplicablebuildingcodes. (ii) The Board shallenterintosaidcontractwithalicensedcontractor orcontractorswhich shallhave provisionsforperiodicdisbursementsoffunds by theinsurance trustee.Disbursements tothecontractorshallbe made subjecttothepriorpresentationofan architect'scertificatecontainingsuch provisionsas may be appropriateinthe circumstancesand deemed suitableby theBoard, along with customary lienwaivers. (iii) The Board shallemploy alicensedarchitectto supervisetherepair and rebuildingtoinsurethatsuch work, servicesand suppliesareof proper qualityand that constructioniscontemplated inaworkmanlike manner and accordingto plansand specifications. (c) Iftheproceeds of insurancemaintained by the Associationarenot sufficienttodefraythe estimatedcostsof reconstructionand repair,orifatany time during 26 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch reconstructionand repair,or upon completion ofreconstructionand repair,the fundsforpayment ofthecoststhereofareinsufficient,assessments shallbe made againstallOwners insufficient amounts toprovide fundsforthe payment ofsuch costs.The foregoingprovisionsofthis subparagraph areapplicabletotherepairsand reconstructiontobe undertaken by the Association. (d) Ifthe amount ofavailableinsuranceproceeds exceed the costof any such reconstructionor repair,theexcessshallbe paid totheAssociationand appliedby ittoreduce thecommon expenses oftheAssociation. 9.2 Units. Ifallor any portionofaUnitor any otherImprovements locatedon an Owner's Lotis/aredamaged by fireorothercasualty,theOwner thereofshalleither(a)restore the damaged Improvements or (b)remove alldamaged Improvements, includingfoundations, and leavethe Lot inacleanand safecondition.Any restorationproceeding under (a)above must be performed sothatthe Improvements areinsubstantiallythesame conditioninwhich they existedbefore thedamage or destruction,unlessthe owner complies withtheprovisionsof Article7. The Owner must commence such work within sixty(60) days afterthedamage or destructionoccursand must complete the work withinsix(6)months thereafter. ARTICLE 10-CONDEMNATION Whenever allor any partoftheCommon Areas shallbe taken (orconveyed inlieuof and underthreatofcondemnation by the Board actingon itsbehalforon 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 disbursedasfollows: (a) Ifthetakinginvolvesa portionoftheCommon Areas on which improvements have been constructed,then,unlesswithin sixty(60)days aftersuch takingthe Declarantand atleastseventy-fivepercent(75%) oftheClassA members oftheAssociation shallotherwiseagree,the Associationshallrestoreor replacesuch improvements sotaken on the remaining landincludedintheCommon Areas totheextentlandsare availabletherefore,in accordance with plansapproved by theBoard oftheAssociation.Ifsuch improvements aretobe repairedor restored,theprovisionsinSection9.1regardingdisbursement ofinsuranceproceeds inrespecttocasualtydamage ordestructionshallapply. (b) Itthetakingdoesnotinvolve any improvements on theCommon Areas,or ifthereisadecisionmade notto repairor restore,or iftherearenetfunds remaining aftersuch restorationor replacement iscompleted,thensuch award ornetfundsshallbe paidto the Associationand appliedby ittoreduce the common expenses. ARTICLE 11-USE RESTRICTIONS 27 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 11.1 ResidentialUse. Lotsshallonlybe used forresidentialpurposes.No trade, craft,business,profession,commercial, orsimilaractivityof any kindshallbe conducted on any Lot,and no goods, equipment, vehicles,materials,or suppliesused in connectionwith any trade, service,orbusinessshallbe kept or storedon any Lot.Nothing inthisSection11.1shallbe deemed toprohibit(a)activitiesrelatingtothesaleof residences;(b)therightof Declarantor any contractoror homebuilder (includinga Builder)toconstructUnitson any Lot,to store constructionmaterialsand equipment on suchLotsinthenormal courseof construction,and to use any Unitasasalesofficeormodel home forpurposes ofsalesinthe Subdivision;(c)the rightoftheOwner ofaLot tomaintainsuchOwner's personalbusinessor professionallibrary, keep suchOwner's personalbusinessor professionalrecordsor accounts,handlesuchOwner's personalbusinessorprofessionaltelephonecalls,orconferwithbusinessorprofessional associates,clients,orcustomers insuchOwner's residence;(d)residentialday carefacilities, or (e)garage sales,provided thatno Owner may conduct more thanthree(3)garage salesin any twelve (12)month periodand no individualgarage salemay exceed three(3)days inlength. 11.2 No Tree Removal. No treesidentifiedforpreservationon the approved tree removal permit orlandscapingplan fortheSubdivision,nor any newly plantedtreesused to meet theconditionsof approval forthe Subdivision,may be removed without thepriorwritten approvalofthe City.Any Owner desiringto remove atreefrom hisorherLotisrequiredto confirmwiththeCitythatsuch treeisnotrequiredtobe maintainedon theapproved tree removal permit orlandscape plan forthe Subdivision,asthesame may be amended ormodified from timetotime. 11.3 No Improvements or FiH Material. No Owner may placeorconstructany Improvements overtheutilityeasements locatedon hisorherLot (asshown on thePlator any separateeasement agreement ordedicationnow existingor hereaftergrantedpursuanttothe termsofthisRestatedDeclaration),or filloralterthe drainageswales or any otherstorm water facilitieslocatedon hisorherLot. 11.4 Rental Restrictions.An Owner shallbe entitledtorentorleasehisorher Unit, subjecttothe following: 11.4.1 WrittenRentalAgreements. A writtenrentalorleaseagreement is required,specifyingthat:(i)the tenantshallbe subjecttoallprovisionsof the Restated Declarationand otherGoverning Documents, and (ii)failureto comply with any provisionofthe RestatedDeclarationand otherGoverning Documents shallconstitutea defaultundertherental agreement. 11.4.2 Minimum RentalPeriod.The periodoftherentalorleaseisnot less than thirty(30)days;and 11.4.3 Tenant Must Be Given Documents. The Owner giveseach tenanta copy oftheRestatedDeclarationand 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 thesame. 11.5 Air Conditioning Units. No Owner shallinstall,or permittobe installedor maintained,airconditioningunitsthrough exteriormodificationsof itsUnitor through window openings. The only airconditioningunitsthatwillbe permittedarethoseairconditioningunits which areconsideredcentralinnatureand installedon a slab,orsimilarfooting,inthe rearor sideyard ofaLotoutsideofand adjacenttotheUnit. 11.6 Nuisances. No noxious or offensiveactivityshallbe carriedout upon any Lot, norshallanythingbe done thereonwhich may be ormay become an annoyance ornuisanceto theneighborhood. 11.7 Temporary Structures.No structureof a temporary character,including, without limitingthegeneralitythereof,any trailer,tent,carcanopies,shack,garage,barn,motor home ormobile home or otheroutbuilding,and no prefabricatedorrelocatedstructureshallbe usedon any Lotatany timeas a residence,eithertemporarilyor permanently. This restriction shallnotbe interpretedtolimitthe rightof DeclarantoraBuildertousetrailersor outbuildings assalesoffices,constructionoffices,materialstoragefacilities, or sanitationfacilities. 11.8 @ns. No sign,banner orbillboardof any kind may be kept or placed on any Lot or mounted, paintedorattachedto any Unit,fenceorotherimprovement soastobe 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 toastakeinthe ground and extendingnot more thanthree(3)feetabove the surfaceofthe ground advertisingthepropertyforsale. 11.8.2 "For Rent" Signs.An Owner may erectone (1)signnot exceeding three (3)squarefeetinareaadvertisingthepropertyforrent.Such signsshallbe visiblefrom the front oftheUnit only,and shallbe displayedfrom withintheUnit.No such signshallbe erected withinalawn or landscapeareaon any Lot,or attachedtotheoutsideoftheUnit. 29 -Amended and RestatedDeclarationof ProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch 11.8.3 PoliticalSigns. Politicalsignsmay be erectedupon aLot by theOwner ofsuch Lot advocatingthe electionofone or more politicalcandidatesor thesponsorshipofa politicalparty,issueor proposalprovided thatsuch signsshallnotbe erectedmore than ninety (90)days inadvance oftheelectionto which theypertainand areremoved withinfifteen(15) days aftertheelection. 11.8.4 SubdivisionIdentificationSigns. Signs may be erectedby theDeclarant to identifythe Subdivision,with approvalfrom the localjurisdictionalauthority,ifapplicable. 11.8.5 Flags. The foregoingrestrictionsshallnotbe deemed to prohibitthe displayoftheflagoftheUnited Statesby an Owner or occupant of aLotifthe flagisdisplayed inamanner consistentwithfederalflagdisplaylaw,4 U.S.C. ( 1etseq. 11.8.6 Declarant'sSigns. Signs,bannersand billboardsmay be erectedby the Declarantand areexempt from theprovisionsofthisSection 11.8. 11.8.7 BuilderSigns. A Buildermay erectsignsand banners on any Lotor Unitowned by theBuilderifsuch signsand/orbanners are erectedforthepurpose of marketing and sellingUnits constructedby the Builderon Lots owned by the Builder,subjectto rulesand restrictionsestablishedby Declarantfrom time to time.A Buildermay alsoerectssignsand/or bannerson theCommon Areas to market and sellUnitsconstructedby theBuilderon Lots owned by the Builder,provided thatDeclarantauthorizesinwriting(inDeclarant'ssole discretion)theerectionofsuch signsand/orbanners on theCommon 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 notbe kept or storedon any publicstreetwithin the Subdivisionoron any Lot,except asprovided below: 11.9.1 Campers, boats,boattrailers,recreationalvehicles,recreationaltrailers, and othernon-passenger vehicles,equipment, implements,or accessoriesmay be storedorkept within anenclosedgarage,oron the sideof theUnit,provided thatitisfullyscreenedfrom view by a screeningstructureor fencingapproved by the ARC. 11.9.2 Campers, boats,boat trailers,recreationalvehicles,recreationaltrailers, and othernon-passenger vehicles,equipment,implements,oraccessoriesmay be temporarily kept on thepublicstreetswithinthe Subdivisionoron a paved driveway locatedon a Lot fora periodnotto 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 Subdivisionoron any Lot,exceptforcommercial vehiclesthataretemporarilyparked on such areasforthe solepurpose of servingan Owner, or those thatareparked withinan enclosedgarage. The Board,however, shallhave the absolute 30 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch authoritytograntapproval forstoringor keeping acommercial vehicleon thedriveway ofaLot (excludingFutureDevelopment Lots). Notwithstandingthe foregoing,theBoard shallnot unreasonablywithhold consenttokeep acommercial vehiclebearing insigniaornames where suchvehicleisdrivenby anOwner pursuanttoOwner's primaryjob. Any Owner wishing to keep acommercial vehicleon the driveway of any Lot (excludingFuture Development Lots) shallapply forapproval tothe Board, and shallprovide suchinformationastheBoard,intheir soleauthority,may require.The Board may from timetotime intheirsolediscretionreview the approvalto keep acommercial vehicleon thedriveway of any Lot (excludingFuture Development Lots)to determine ifthevehiclecomplies withtheintentofthe originalapproval. Upon an adverse determinationby the Board, any commercial vehicleshallbe removed and/or otherwisebrought intocompliance withtherequirementsofthisSection 11.10. 11.11 Disabled Vehiclesor VehiclesinDisrepair.No Owner shallpermitany vehicle thatisinanextreme stateof disrepairtobe abandoned or to remain parked on any streetwithin theSubdivisionoron any Lotfora periodinexcessof twenty-four(24)hours. 11.12 Maintenance or Repair of Vehicles. Any maintenance or repairofvehiclesor othermachinery or equipment must takeplace entirelywithintheenclosed garage ofanOwner. 11.13 Pets,Livestock and Poultry. No animals,livestockor poultryof any kindshall be raised,bredorkept on any Lot,exceptforcats,dogs orothergenerallyrecognizedhousehold petsofareasonablenumber, provided thatthey arenot kept,bred,ormaintained forany commercial purpose;and provided further,thanno more thanthree(3)adultanimalsmay be kept on a singleLot. All such animalsshallbe keptinstrictaccordance withalllocallaws and ordinances(includingleashlaws).Owners shallbe responsibleforcleaningup aftertheirpets' waste.No animalshallbe allowedtorun atlarge,and allanimalsshallbe kept withinenclosed areasforpetswhich must be clean,sanitary,and reasonablyfreeof refuse,insectsandwaste at alltimes.Such enclosedareashallbe constructedinaccordancewith plansapprovedby the ARC, shallbe of reasonabledesign and constructionto adequatelycontainsuchanimalsin accordance withtheprovisionshereof,and shallbe screenedsoasnottobe visiblefrom any otherportionoftheSubdivision. 11.14 Garbage and Refuse Disposal. No Lotshallbe used or maintainedasa dumping ground forrubbish.Trash,garbage or otherwaste shallnotbe kept,or disposedof,on any Lot exceptin sanitarycontainers.All equipment forthestorageor disposalofsuch materialshallbe kept inacleanand sanitarycondition.No cans,bags,containersor receptaclesforthestoringor disposalof trash,garbage,refuse,rubble,debris,orrecyclablematerialsshallbe stored,kept, placedor 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 infrontofaresidenceand besideastreetforremoval, butshallbe removed from view before thefollowingday. 11.15 Detached Buildings. No detached accessorybuildings,including,but notlimited to,detached garages and storagebuildings,shallbe erected,placed or constructedupon any Lot 31 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch without the priorwrittenapproval oftheARC. Every outbuilding,inclusiveofsuchstructuresas detached garages,storagebuildings,greenhouses,doghouses,or children'splayhouses,shallbe compatible with the dwellingto which itisappurtenantintermsofitsdesign and material composition. 11.16 Fences and Hedges. Fences,walls or hedges may be erectedormaintainedon any Lot subjecttolocallawsand the Design & ConstructionGuidelinesand formal approvalby the ARC. No fencesshallbe constructedinthefrontyard of any Lot,unlessthefrontyard faces and iscontiguouswithaCommon Area orPark. Fences may be erectedalong thepropertyline inthesideand rearyards ofa Lot,provided saidfencingisnotlocatedclosertothestreetthan thefrontoftheUnit. RefertotheDesign & ConstructionGuidelinesformore specific informationregardingapproved fenceheights,restrictions,and materials. Notwithstandingtheforegoing,the ARC shallhave therightand authorityto approve variancesforreasonablecauseortoalleviatehardship asdeterminedinthesole judgment ofthe ARC; provided however, the ARC may not approve avariancewhich contradictsthe zoning and/orsubdivisionordinancesofthe City unlessthe Cityhas previously approved the variance. Unlessotherwiseagreed between Owners, sideand rearyard fencesthatseparate adjacentLots shallbe owned and maintained by the Owner on whose Lot the fenceexists,or if thelocationisindefinite,such fence willbe maintainedjointlyby theOwners ofboth Lots,with expenses sharedequally.Declaranthereby grantstoeachOwner whose Lot containsafence (and to any Owner where thelocationof thefenceinrelationtoitspropertylineisindefinite)an easement overthoseportionsoftheadjacentOwner's Lotasisreasonablynecessarytomaintain the fence,subjectto reasonableadvance noticeto the adjacentLot Owner. The provisionsofthisSection 11.16shallnot apply to Declarant. 11.17 General Landscaping. All landscapingmust comply withtheapproved landscapingplan and thelandscapingrequirementsestablishedby thelocalmunicipalauthority from timetotime,and eachOwner isrequiredto have hisor her landscapingplanapproved by theARC. The Owner isresponsibleforlandscapingand maintainingtheareabetween the Owner's propertylineand thestreet(i.e.,theareabetween the sidewalk and streetcurb).All landscapingmust be maintained by theOwner pursuanttothetermsofSection6.2. 11.18 Antennae and SatelliteDishes. No exteriorantennas,satellitedishes, microwave, aerial,tower,orotherdevices forthetransmissionor receptionof television,radio, or otherforms ofsound or electromagneticradiationmay be erected,constructed,or placedon any LotorUnit,unlessthey comply with the Design & ConstructionGuidelinesadopted and are approved by theARC. Refer totheDesign Guideline foradditionalinformationregardingthe applicablerules,regulationsand placement ofsuchdevices.Such rulesshallnot unreasonably delay or increasethe costof installation,maintenance,oruse or precludereceptionofa signalof acceptablequality(theARC, initssolediscretion,may determine what constitutesa signalof 32 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch acceptablequality).Such rulesand regulationsmay prohibitinstallationofexteriorsatellite dishesor antennas ifsignalsof acceptablequalitycanbe receivedby placingantennasinsidea Unitwithoutcausing an unreasonabledelayorcostincrease. 11.19 Solar Energy Panels. With the priorwrittenconsentoftheARC, anOwner may installa ground-mounted or roof-mounted SolarEnergy Panelon itsLots. The ARC may adopt additionalrulesand regulationsgoverning theinstallation,safety, placement,and screeningofaSolarEnergy Panel. For purposes ofthisSection,"SolarEnergy Panel" means a aneldeviceors stem orcombination of aneldevicesors stemsthatrelieson directsunlightasan energy source,includinga panel deviceor system or combination of panel devicesor systems thatcollectssunlightforuse intheheatingor coolingofastructureor building,theheatingor pumping of water,and the generationof electricity. 11.20 Clothes Hanging Devices. Clotheshanging devices exteriortoaUnitshallbe temporary,unaffixedstructuresnottoexceed six(6)feetinheightand shallnotbe placed nearer to any streetabuttingtheLotthanthesideyard setbacklineortheback oftheUnit constructed on theLot.Clotheshanging devicesshallbe screenedfrom publicview as approved by the ARC. 11.21 Window Treatments. Aluminum foil,reflectivefilm,newspapers orsimilar treatmentsshallnotbe placedon windows or glassdoors. 11.22 Oiland Mining Operations. No oildrilling,oildevelopment operations,oil refining,quarryingor mining operationof any kindshallbe permittedupon or inany Lot,nor shalloilwells,tanks,tunnels,mineral excavations,orshaftsbe permittedupon any Lot. No derrickorotherstructuredesigned foruseinboring foroilornaturalgas shallbe erected, maintainedor permittedupon any Lot.No tankforthestorageofoilorotherfluidsmay be maintainedon any ofthe Lotsabove thesurfaceoftheground. 11.23 Garages. Garages may be used asDeclarant'ssalesofficesbeforepermanent occupancy ofthemain structure;however, salesofficesmust be convertedto garagesbefore permanent occupancy. With the exceptionof periodswhen garagesareused by theDeclarantas salesoffices,a garage shallbe maintained solelyforthestorageof automobiles,andno garage may be enclosedorotherwiseused forhabitation(exceptthesecond storyofa two-storygarage, ifpermittedby localordinances),nor may any garage doorbe removed exceptwhen necessaryto repairorreplacea garage doorwith thesame type of garage door. 11.24 Setback Lines. AllUnits and otherstructures(includingfences),permanent or temporary,habitableor uninhabitable,must be constructed,placedand maintainedin conformity with setbackstandardsimposed by the localgovernmental jurisdictionalauthority. 11.25 Athleticand Recreational Facilities.Outdoor athleticand recreationalfacilities such as basketballhoops, swing setsand sportcourtsofa permanent natureshallnotbe placed on any LotintheSubdivisionbetween the streetand the frontofa Unit;placement ofthese 33 -Amended and RestatedDeclarationofProtectiveCovenants, Conditionsand Restrictionsfor Norton Ranch facilitiesof a permanent natureelsewhereon theLotmust be approved inadvance by the ARC. Temporary facilitiesincludingoutdoorathleticand recreationalfacilitiessuchasbasketball hoops may be placedon any Lot,provided thatsuch facilitiesareremoved from view when not inusebut notlaterthanattheend ofeach day. Temporary facilitiesincludingoutdoor athletic and recreationalfacilitiessuch as basketballhoops,hockey goals,etc.shallnotbe placedon any streetwithintheSubdivision. 11.26 Water and Sewage Systems. No individualwater supply system or sewage disposalsystem shallbe permittedon any Lot,includingbut notlimitedtowater wells,cesspools or septictanks. 11.27 Exterior Holiday Decorations. Lightsor decorationsmay be erectedon the exteriorofUnitsincommemoration orcelebrationof publiclyobserved holidaysprovidedthat such lightsordecorationsdo not unreasonably disturbthe peacefulenjoyment of adjacent Owners by illuminatingbedrooms, creatingnoise or attractingsight-seers.Holiday decorations or lightsforany publiclyobserved holidaybetween December 1and December 31 of any year, may notbe displayedbefore November 15thof any year.For otherholidays,decorationsor lights may notbe displayedmore thantwo (2)weeks in advance of theholiday. All lightsand decorationsthatarenotpermanent fixturesof theUnitwhich arepartof the originalconstructionorhave been properlyapproved as permanent improvements by theARC shallbe removed within thirty(30) days afterthe holidayhasended. 11.28 Retaining WaHs. Retainingwallsmay be constructedon aLot only ifin compliance with any adopted Design & ConstructionGuidelinesand onlyifapproved inadvance by the ARC. Retainingwallsmay extend intotherequiredfront,sideor rearsetbacklinesof a Lot. The ARC may requireany retainingwallwhich exceedstwo (2)feetin heightbe designed by a qualifiedprofessionalengineerlicensedto practiceengineeringintheStateofMontana. Retainingwalls constructedby theDeclarantshallbe exempt from thisSection11.28. 11.29 Household Chemicals. Owners shallbe prohibitedfrom dumping orotherwise disposingof household chemicals withintheProperty,including,but notlimitedto,cleaning agents,automotive fluids,paint,solventsand othertoxicchemicals. 11.30 Prohibited Plants. Owners shallbe prohibitedfrom plantingthe following speciesofplantson the Lots: (a) Cystisusscoparius,commonly known asScotchbroom; (b) Hedera helix,commonly known as English ivy; (c) Lythrum salicaria,commonly known as purpleloosestrife; (d) Phalarisarundinacea,commonly known asreed canarygrass;and 34 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch (e) Rubus discolor,commonly known as Himalayan blackberry. 11.31 Rezoning Prohibited. No Owner may apply tothelocalzoning authorityto rezoneaLotto any classificationallowingcommercial, institutionalorothernon-residentialuse. Thisrestrictionshallnot apply toDeclarantortorezoningof aFuture Development Lot priorto constructionoftheinitialUnitson aFuture Development Lot. 11.32 Lot Consolidation and Division.The Owner of two adjoiningLots,withthe approval oftheARC and appropriatemunicipalauthority,may electtoconsolidatesuchLots intoone Lot. Such consolidationissubjectto any applicablemunicipal ordinances,and theARC may impose reasonableconditionsand restrictionson grantingapproval ofthe Lot consolidation, including(butnot limitedto)imposing additionalmaintenance and landscapingrequirements and imposing additionallimitationson useofthe consolidatedLot.The Lot consolidationwill be effectiveupon recordingintheOfficialRecords ofGallatinCounty, Montana adeclarationof the Owner statingthatthetwo Lotsareconsolidated.The declarationwillincludea written consenttotheLotconsolidationexecutedon behalfoftheARC by atleastone member thereof and shallcontaina descriptionof any restrictionsand conditionsimposed asaconditionofsuch approval.Thereafter,and except ifotherwiseprovided by the ARC asaconditionofits approval,the consolidatedLots willconstituteone Lotforallpurposes under thisDeclaration, including(butnotlimitedto)votingrightsand assessments.No Lot may be furthersubdivided. Thisrestrictionshallnot apply to Declarantor to subdivisionofa FutureDevelopment Lot prior toconstructionof theinitialUnitson theFuture Development Lot. 11.33 Drainage AlterationProhibited. The surfacewater drainagecontoursof each Lotshallconform totheapproved gradingplan establishedby theDeclarant.No Owner shallfill oralterany drainageswaleestablishedby the Declarant,nor shallany Owner installlandscaping orotherimprovements thatdivertsurfacewaterrunofffrom the drainagepatterns,swalesand easements establishedby the Declarantwithout thepriorwrittenapproval ofthe ARC. ARTICLE 12-SPECIAL DECLARANT AND BUILDER RIGHTS Inadditionto any rightsor easements reservedto Declarantor Builderselsewhere inthis RestatedDeclarationor any oftheotherGoverning Documents, Declarantand/orBuilders(as applicable)shallhave the followingrightsinrespecttotheSubdivision: 12.1 Development and Sales Activities. 12.1.1 So long asDeclarantowns any Lotwithinthe Subdivision,Declarant shallhave therightto constructand maintainupon portionsoftheCommon Areas and any Lots owned by Declarantsuch facilitiesand activitiesas Declarant,initssoleopinion,may requireor desireinconnectionwiththeconstructionand saleofUnitsand Lots withinthe Subdivision, including(butnot limitedto)businessand constructionoffices(withinUnitsor infreestanding trailers);signs,banners and flags;model units;and salesoffices(withinUnits orinfreestanding 35 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch trailers),subjecttocompliance with governmental ordinances.Declarantshallalsohave easements foraccesstoand useoftheCommon Areas forsuchfacilitiesatno charge. 12.1.2 So long asaBuilderowns any Lotwithinthe Subdivision,the Builder shallhave the rightto constructand maintain upon any Lotowned by the Buildersuchfacilities and activitiesastheBuilderreasonablyrequiresordesiresinconnectionwiththeconstruction and saleofUnitson Lotsowned by theBuilder,including(butnot limitedto)businessand constructionoffices(withinUnitsor infreestandingtrailers);signs,bannersand flags(subjectto Section11.8.7);model Units;and salesoffices(withinUnitsorinfreestandingtrailers),subject torulesand restrictionsestablishedby Declarantfrom timetotimeand subjectto compliance with governmental ordinances. 12.2 Control ofand Changes in Development Plan.Every Owner, by acceptanceof the deed to theirLot,acknowledges thatthe Subdivisionisa multi-phasedmaster planned community, the development of which islikelytoextendover many years,and thatchanges in themaster planwilllikelyoccur asthe development oftheSubdivisionproceeds. 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 ISLOCATED. The rightsand limitationssetforthinthis Section12.2 shallcontinueineffectuntilDeclarantno longerowns any Lotwithinthe Subdivision. 12.3 Right to Transfer or Assian Declarant Rights.Any orallofDeclarant'sspecial rightsand obligationssetforthinthisRestatedDeclarationor any otherGoverning Documents may be transferredinwhole or inpartby Declarantby writteninstrumentexecutedand acknowledged by Declarantand recordedintherealpropertyrecordsforGallatinCounty, Montana. The foregoingsentenceshallnot precludeDeclarantfrom permittingotherpersons to exercise,on aone timeor limitedbasis,any rightreservedtoDeclarantinthisRestated Declarationwhere Declarantdoes notintendtotransfersuch rightinitsentirety,and insuchcase itshallnotbe necessarytorecordany writtenassignment unlessnecessarytoevidence Declarant'sconsenttosuch exercise. ARTICLE 13- ANNEXATION AND REMOVAL 13.1 Annexation by Declarant. Declarantmay from timetotime and initssole discretionannex tothe Subdivisionas "AdditionalProperty"any realpropertynow or hereafter acquiredby it,and may alsofrom timetotime initssolediscretionpermit otherowners ofreal propertytoannex therealpropertyowned by them intothe Subdivision.The rightsreserved unto Declarantto subjectadditionalrealpropertytothe RestatedDeclarationshallnotbe implied or construedso asto impose any obligationupon Declarantto subjectany ofsuch additionalreal propertytothisRestatedDeclarationortothejurisdictionoftheAssociation,nor any obligation 36 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch tobuildimprovements of any kind on any annexed realproperty.The annexation ofsuch real propertyshallbe accomplished asfollows: (a) The owner orowners ofsuch realpropertyshallrecordan amendment to thisRestatedDeclarationwhich shallbe executed by orbearthe approval ofDeclarantand shall, among otherthings,describetherealpropertytobe annexed,establishlandclassificationsforthe AdditionalProperty,establishany additionalordifferentlimitations,uses,restrictions,covenants and conditionswhich areintendedtobe applicabletosuch property,determine whether such propertywillbe subjecttoallexistinguses,restrictions,covenantsand conditions,and declare thatsuch propertyisheldand shallbe held,conveyed, hypothecated,encumbered, used, occupied and improved subjecttothisRestatedDeclaration.Any such annexationshallbe effectiveupon thefilingforrecordof suchamendment tothisRestatedDeclarationinthe OfficialRecords ofGallatinCounty, Montana, unlessotherwiseprovided therein. (b) The propertyincludedinany suchannexation shalltherebybecome a part oftheSubdivisionand bound by thetermsofthisRestatedDeclaration,and Declarantand the Associationshallhave and shallacceptand exerciseadministrationofthisRestatedDeclaration with respecttosuchAdditionalProperty. (c) Notwithstanding any provisionapparentlytothe contrary,anamendment tothisRestatedDeclarationwith respectto any AdditionalPropertymay: (i) establishsuchnew land classificationsand such limitations,uses, restrictions,covenantsand conditionswith respecttosuchAdditionalPropertyasDeclarantmay deem tobe appropriateforthe development oftheAdditionalProperty;and (ii) with respectto existinglandclassifications,establishadditionalor differentlimitations,uses,restrictions,covenants and conditionswith respecttosuch Additional Propertyas Declarantmay deem tobe appropriateforthedevelopment ofsuchAdditional Property. (d) There isno limitationon thenumber ofLotswhich Declarantmay create orannex to the Subdivision,except as may be establishedby applicableordinancesof thelocal governmental authority.Similarly,thereisno limitationon therightof Declarantto annex Common Area,exceptas may be establishedby applicableordinancesof thelocalgovernmental authority.Declarant'srighttoannex realpropertyintothe Subdivisionshallterminateon the Conversion Date. (e) Upon annexation,additionalLots soannexed intothe Subdivisionshallbe entitledto votingrightsassetforthinArticle2 above. (f) The formula tobe used forreallocatingthecommon expenses ifadditional Lotsareannexed intothe SubdivisionissetforthinArticle3 above. 37 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch (g) No consentorjoinderof any ClassA member orotherpartyexceptthe recordowner oftheland being annexed shallbe necessarytoeffectany annexationmade pursuantto thisSection13.1. 13.2 Annexation by Action ofOwners. At any timeaftertheTurnover Meeting,the Board may requestapproval oftheOwners fortheannexationofadditionalpropertyintothe Subdivisionto be subjecttoalloftheterms ofthisRestatedDeclarationtothesame extentasif originallyincludedherein.No such annexationshallbe effectiveunlessapproved by atleast sixtypercent(60%) ofthevoteof theOwners, and the consentof theDeclarantso long asthe DeclarantisaClassB member. Any propertythatisadjacenttoor contiguouswith existing propertysubjectto thisRestatedDeclaration(even ifsuch propertyislocatedacrossa street) may be annexed heretoaccordingtotheforegoingrequirements;provided,however, thatno such annexationshallbe effectivewithouttheconsent andjoinderoftheowners ofthepropertytobe annexed. Such annexationshallbe evidenced by an amendment tothisRestatedDeclaration signedby the presidentand secretaryoftheAssociationcertifyingthattheamendment was adopted in accordance withthisRestatedDeclaration,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 aClassA member with one (1)vote per Lot owned. 13.3 Removal by Declarant. Declarantmay from timetotimeand initssole discretionremove orwithdraw any partof thePropertyfrom the Subdivision,provided that Declarantobtainsthe writtenconsentoftheowner oftherealpropertyremoved from the Subdivision.The removal ofa partof thePropertyshallbe accomplished asfollows: (a) The owner or owners ofsuch realpropertyshallrecordan amendment to thisRestatedDeclarationwhich shallbe executed by or bear the approval ofDeclarantand shall, among otherthings,describethe realpropertytobe removed from the Subdivisionand declare thatsuch realpropertyisno longersubjecttothetermsof thisRestatedDeclaration.Any such removal shallbe effectiveupon the filingforrecordofsuchamendment tothisRestated DeclarationintheOfficialRecords ofGallatinCounty, Montana, unlessotherwiseprovided therein. (b) The propertyremoved from theSubdivisionshallno longerbebound by thetermsofthisRestatedDeclarationand thisRestatedDeclarationshallno longerencumber suchremoved property. (c) The Lots removed from theSubdivisionshallhave no votingrightsinthe Associationunder Article2 above from and aftertheeffectivedateof such removal. The Lots remaining intheSubdivisionafterthe removal,however, shallcontinueto have thevotingrights setforthinsaidArticle2. (d) The formulathatwillbe used forreallocatingthecommon 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'srighttoremove realpropertyfrom theSubdivisionshallterminateon the Conversion Date. (f) No consentorjoinderof any ClassA member orotherpartyexceptthe recordowner oftherealpropertybeing removed from theSubdivisionshallbe necessaryto effectany removal made pursuanttothisSection13.3. ARTICLE 14-MORTGAGEES 14.1 Noticeof Delinquency. An institutionalholder,insureror guarantorofa Mortgage who providesawrittenrequesttotheAssociationwillbe entitledto timelywritten noticeofany delinquency inthepayment ofanassessmentorfailuretoperform any other obligationunder the Governing Documents by theOwner ofaLot subjecttoitsMortgage which isnotcuredwithin sixty(60) days. 14.2 Reimbursement ofFirstMortgagees. FirstMortgagees may, jointlyor singly, pay taxesorothercharges which areindefaultand which may or have become a charge against theCommon Areas and may pay overdue premiums on casualtyinsurancepoliciesorsecurenew casualtyinsurancecoverageupon thelapseofanAssociationpolicy.FirstMortgagees making such payments shallbe entitledto immediate reimbursement from the Association. ARTICLE 15-AMENDMENT 15.1 General Amendments. 15.1.1 Except asotherwisespecificallyprovided inthisArticle,the Restated Declarationmay only be amended by Owners holding atleastseventy-fivepercent(75%) ofthe votesof the Association,and theconsent oftheDeclarantso long astheDeclarantisaClassB member. Inno event shallan amendment underthisSection15.1,limitordiminishany rightof DeclarantreservedinthisRestatedDeclarationwithout thewrittenconsentof Declarant. 15.1.2 An amendment to thisRestatedDeclarationmay be proposed by a majorityoftheBoard or by atleastthirtypercent(30%) oftheOwners. 15.1.3 Upon approvalof an amendment asprovided herein,thepresidentand secretaryof the Associationshallexecutean instrumentamending thisRestatedDeclarationand certifyingthatthe amendment was adopted in accordance withthisRestatedDeclaration,which certificationshallbe properlyacknowledged inthemanner of acknowledgment of deeds,and the Board,orotherdulyappointedand authorizedpersons,shallrecordthe instrumentamending this RestatedDeclarationintheOfficialRecords ofGallatinCounty, Montana. No amendment to thisRestatedDeclarationiseffectiveuntilrecorded,and the effectivedateofan amendment is thedateof recording,unlessa laterdate isindicatedinsuch amendment. 39 -Amended and RestatedDeclarationofProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch 15.2 Declarant Amendments. Inadditionto specificamendment rightsgranted elsewhereinthisRestatedDeclaration,the Declarantreservestherighttounilaterallyamend this RestatedDeclarationforany purpose untilconveyance of thefirstLotintheSubdivisiontoa person otherthan Declarant.Thereafter,Declarantmay unilaterallyamend thisRestated Declarationifsuch amendment isnecessaryto (a)bringthisRestatedDeclarationinto compliance with any provisionof law,including(butnot limitedto)regulatoryamendments permittedby Section15.3;(b)correctscriveners'orclericalerrors;(c)add AdditionalProperty pursuanttoSection13.1;or(d)remove partofthePropertyfrom the Subdivisionpursuantto Section13.3.Declarantshallalsohave therightto unilaterallyamend thisRestatedDeclaration forany otherpurposepriortothe Turnover Date provided thatthe amendment hasno material adverse effectupon therightsof any Owner, unlesssuchOwner consentstosuch change in writing. 15.3 Regulatory Amendments. Notwithstanding any otherprovisionsofthisArticle 15,Declarantshallhave therighttounilaterallyamend thisRestatedDeclarationpriortothe Tumover Meeting inordertocomply withtherequirementsof the FederalHousing Administration,theUnited StatesDepartment ofVeterans Affairs,theFarmer's Home AdministrationoftheUnited States,the FederalNationalMortgage Association,the Government NationalMortgage Association,the FederalHome Mortgage Loan Corporation,any department, bureau,board,commission or agency of the United StatesortheStateofMontana or any corporationwholly owned, directlyor indirectly,by theUnited StatesortheStateofMontana which insures,guaranteesor providesfinancingfora planned community or lotsina planned commumty. ARTICLE 15-REMEDIES 16.1 Remedies. Ifany defaultby any Owner underthe provisionsoftheRestated DeclarationorotherGoverning Documents shalloccur,the Associationand any Owner shall have eachand alloftherightsand remedieswhich may be provided forinthisRestated Declarationand any oftheotherGoverning Documents, and those which may be availableatlaw orinequity,and may prosecuteany actionor otherproceedings againstsuch defaultingOwner and/orothersforenforcement of any lien,statutoryor otherwise,includingforeclosureofsuch lienand the appointment ofareceiverfortheLot and ownership interestof such Owner, or for damages orinjunction,or specificperformance,orforjudgment forpayment of money and collectionthereof,or forany combination of remedies,orforany otherrelief.No rightsor remedies hereinprovided oravailableatlaw or inequityshallbe deemed mutually exclusiveof any othersuch remedy. Any and allof rightsand remedies may be exercisedatany timeand from timetotime,cumulativelyor otherwise,by the Associationor any Owner. To theextentallowed by law,notwithstandingany otherprovisionof thisRestated DeclarationorotherGoverning Documents, theAssociationshallnot expend inexcess of $5,000 forattorneyfeesand costsforany reasonunlesssuch expenditureisfirstapproved by Owners holdingatleastfiftypercent(50%) ofthevote rightsintheAssociation.The foregoing limitationshallnot apply toactionsfordelinquentassessmentsorotherchargesunder this 40 -Amended and RestatedDeclarationof ProtectiveCovenants,Conditionsand Restrictionsfor Norton Ranch RestatedDeclarationorthe Goveming Documents; actionsto appointa receiver;actionsto summarily abate,enjoinand remove astructureorconditionthatviolatesthisRestated DeclarationortheotherGoveming Documents; or forthedefenseoftheAssociationofan action orproceedingbroughtagainstthe Association(exceptfornon-mandatory counterclaims). All expenses of theAssociationin connectionwith any actionsor proceedings,including courtcostsand attorneys'feesand otherfeesand expenses,and alldamages, liquidatedor otherwise,togetherwithinterestthereonatthemaximum ratepermittedby law from thedue date untilpaid,shallbe charged to and assessedagainstsuch defaultingOwner, and shallbe added to and deemed partofhisorher respectiveassessment (tothesame extentas thelienprovided hereinforunpaid assessments)upon theLot and upon allofhisadditionsand improvements thereto,and upon allof hispersonalpropertyupon theLot. 16.2 Attornevs' Fees. Ifanactionorproceeding iscommenced to enforcetheterms ofthisRestatedDeclaration,the prevailingpartyshallbe entitledtoitsattomey feesand costsin suchsuitoractiontobe fixedby thetrialcourt,and inthe eventofan appeal,the costofthe appeal,togetherwithreasonableattomey fees,tobe setby theappellatecourt.Inaddition thereto,the Associationshallbe entitledtoitsreasonableattomey feesincurredinany enforcement activitytakentocollectdelinquentassessments,whetherornotsuitoractionis filed. ARTICLE 17- GENERAL TERMS 17.1 Term. The covenantsand restrictionsofthisRestatedDeclarationshallrunwith and bindthelandforaterm of twenty(20)years from thedatethisRestatedDeclarationis recorded,afterwhich time they shallbe automaticallyextendedforsuccessiveperiodsof twenty (20)yearsunlessamended orterminatedas provided inArticle14. 17.2 Rights and Obligations. The provisionsof thisRestatedDeclarationand the otherGoveming Documents and therightsand obligationsestablishedtherebyshallbe deemed tobe covenantsrunning with the landand shallinureto thebenefitof,and be binding upon, each and allof the Owners and theirrespectiveheirs,representatives,successors,assigns,purchasers, granteesand Mortgagees. By therecordingorthe acceptanceofa deed conveying a Lotor any ownership interestin theLot whatsoever,theperson towhom suchLot orinterestisconveyed shallbe deemed to acceptand agreetobebound by and subjecttoalloftheprovisionsofthis RestatedDeclarationand the otherGoverning Documents, whether ornot mention thereofis made insaiddeed. 17.3 Waiver. No restriction,condition,obligationor provisioncontainedinthis RestatedDeclarationshallbe deemed to have been abrogatedorwaived by reasonof any failure toenforcethe same, irrespectiveof thenumber of violationsorbreaches thereofthatmay have occurredand the number of times thatthepertinentrestriction,condition,obligationor provision was not enforced. 41 -Amended and RestatedDeclarationofProtectiveCovenants,Conditions and Restrictionsfor Norton Ranch 17.4 Severability.Invalidationor partialinvalidationof any provisionofthisRestated Declarationshallnot affectany oftheremainingprovisionsoftheRestatedDeclaration. 17.5 Personal Pronouns. All personalpronouns usedinthisRestatedDeclaration, whether used inthemasculine,feminine orneutergender,shallincludeallothergenders;the singularshallincludethe plural,and viceversa. 17.6 Headings. The headings containedinthisRestatedDeclarationareforreference purposesonly and shallnot inany way affectthemeaning or interpretationofthisRestated Declaration. 17.7 Conflicts.Ifthereisaconflictbetween thetermsofthisRestatedDeclaration and any otherGoverning Documents, thisRestatedDeclarationshallcontrol. 17.8 Security.The Associationmay, butisnot obligatedto,maintain or support certainactivitieswithinthe Subdivisiondesigned to increasesecuritywithinthe 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 nthasexecutedand deliveredthisRestated Declarationasof 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 ofNORTON PROPERTIES, LLC, an Oregon limited liabilitycompany, on behalfofthe company. NOTARY PUBLIC-OREGON Notary Public inand forthe Stateof OregonCOMMISSIONNO.458862 MYcomissioNExPIRESJULY182015 My Commission expires: 1- tb -&\$ [Signaturescontinueon thefollowingpage] 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 ofDeschutes ) The foregoinginstrumentwas acknowledged beforeme this\ day of Otto , 2011,by Kevin Spencer,the=hdembe.ofNORTON RANCH HOMES, LLC, an Oregon limited liabilitycompany, on behalfofthe company. *Manager -PrintName: At MLq 0 .6 Le KIMB L G RIE Notary Publicinand 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 propertylocatedintheCity of Bozeman, County ofGallatinand Stateof Montana, being more particularlydescribedasfollows: Norton EastRanch SubdivisionPhase 1,recordedon February 16,2011, as Document Number 2382592 intheOfficialRecords ofGallatinCounty, 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 Noticeof Meetings...................................................................................................5 4.6 Place of Meetings.....................................................................................................5 4.7 Adjournment of Meetings........................................................................................5 4.8 Quorum ....................................................................................................................5 4.9 MajorityVote...........................................................................................................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- TableofContents 5.8 Liabilityand Indemnificationof Directors,Officers,Manager and Managing Agent........................................................................................................................9 5.9 SpecialCommittees ...............................................................................................10 5.I0 Powers ofBoard.....................................................................................................10 5.11 DutiesofBoard ......................................................................................................11 ARTICLE VI MEETINGS OF THE BOARD............................................................................13 6.1 InitialMeeting........................................................................................................13 6.2 RegularMeetings...................................................................................................13 6.3 SpecialMeetings....................................................................................................13 6.4 Emer gency Meetings .............................................................................................13 6.5 Closed Session.......................................................................................................13 6.6 Ad journm ent..........................................................................................................14 6.7 Board Meetings Open to allMembers...................................................................14 6.8 Placeof Meetings...................................................................................................14 6.9 Noticeof Meetings.................................................................................................14 6.10 Votingby theBoard...............................................................................................14 6.11 Quor um .................................................................................................................. 14 6.12 Consent inLieu of Meeting ...................................................................................15 6.13 ParticipationofDirectorsby Telephonic Communication....................................15 ARTICLE VII OFFICERS OF ASSOCIATION........................................................................15 7.1 Enumeration of Officers........................................................................................15 7.2 ElectionofOfficers................................................................................................15 7.3 Term.......................................................................................................................15 7.4 Resignationand Removal ......................................................................................15 7.5 Vacancies ...............................................................................................................16 7.6 Duties.....................................................................................................................16 7.7 Execution ofInstruments.......................................................................................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 Records.........................................................................................18 9.3 FinancialStatements..............................................................................................1 8 9.4 Tax Returns............................................................................................................18 9.5 Payment Vouchers .................................................................................................1 8 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 ofContents EXHIBIT C LEGAL DESCRIPTION OF COMMON AREAS Real propertylocatedinthe Cityof Bozeman, County ofGallatinand Stateof Montana, being more particularlydescribedas follows: Those tractsidentifiedas"Open Space" on theplatofNorton East Ranch SubdivisionPhase 1,recordedon February 16,2011,as Document Number 2382592 intheOfficialRecords of GallatinCounty,Montana. EXHIBIT C EXHIBIT D LEGAL DESCRIPTION OF FUTURE DEVELOPMENT LOTS Real propertylocatedin theCity of Bozeman, County ofGallatinand Stateof Montana, being more particularlydescribedas follows: Lot 1,Block 1;Lots 1and 2,Block 2;Lot 1,Block 3,asshown ontheplatofNortonEast 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 oftheAssociationisNorton Ranch Community Association,aMontana nonprofitcorporation,hereinafterreferredtoasthe"Association." ARTICLE II DEFINITIONS 2.1 "Association" "Association"shallhave themeaning given inthe introductoryparagraph tothese Bylaws. 2.2 "Board" "Board" shallmean theBoard ofDirectorsof the Association. 2.3 "Conversion Date" "Conversion Date" shallbe the dateupon which ClassB membership shallceaseand be convertedtoClassA membership. Such dateshallbe thedatewhich istheearlierof (i)thedate atwhich seventy-fivepercent(75%) ofthetotalLots anticipatedtobe createdwithinthe Subdivisionhave been conveyed toClassA members; (ii)ten (10)yearsafterconveyance ofthe firstLotto 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 aredesignatedassuch inwritingby applicableDeclarant,and who consent inwritingtoassume thedutiesand obligationsof theDeclarantwith respecttotheLots acquiredby suchsuccessoror assign. 2.5 "Declaration" "Declaration"shallmean and refertothe Amended and RestatedDeclarationof ProtectiveCovenants,Conditions,and RestrictionsforNorton Ranch, and any amendments or supplements theretomade in accordance withitsterms. 2.6 "Director" "Director"shallmean amember of theBoard. 1 -Bylaws of theNorton Ranch Community Association 2.7 "Governing Documents" "Governing Documents" shallmean the Declarationand the Articleof Incorporation, Bylaws and Rulesand RegulationsoftheAssociation,allasmay be amended from time to time. 2.8 "Lot" "Lot" shallmean the lotsoflandindicatedassuchon the Plat. 2.9 "Member" "Member" or "Members" shallmean Declarantand every recordowner, whether one or more persons or entities,offeesimple titleto any Lot,includingcontractsellers,but excluding thosehaving aninterestmerely as securityforthe performance of an obligation.There shallbe two (2)classesof membership, Class A membership and ClassB membership, as describedin Section2.2oftheDeclarationand inSection3.3oftheseBylaws. All Members shallalsobe Owners. 2.10 "Owner" "Owner" or "Owners" shallmean Declarantand every recordowner, whether one or more personsor entities,of feesimple titleto any Lot,includingcontractsellers,but excluding those having an interestmerely as securityforthe performance of an obligation.AllOwners shallalsobe Members. 2.11 "Plat" "Plat"shallmean the latofNorton EastRanch SubdivisionPhase 1,recordedon February 16,2011,asDocument Number 2382592 intheOfficialRecords ofGallatinCounty, Montana, and any additionalplatsthatmay be annexed tothe SubdivisionasAdditionalProperty (asdefinedintheDeclaration). 2.12 "Property" "Propertv"shallmean the realpropertydescribedinExhibit A totheDeclarationand such additionstheretoas may be brought withinthejurisdictionoftheAssociationandbe made subjecttotheDeclaration. 2.13 "Turnover Meeting" "Turnover Meeting" shallbe the meeting calledby the Declarantforthepurpose of turningoveradministrativeresponsibilityoftheAssociationto the Members. 2.14 Other Terms Capitalizedtermsused hereinwithout definitionshallhave therespectivemeanings given to them inthe Declaration. 2 -Bylaws oftheNorton Ranch Community Association ARTICLE III MEMBERSHIP AND VOTING RIGHTS 3.1 Membership The Declarantand every otherOwner of aLot by virtueof being anOwner of aLot shall be aMember oftheAssociation.Membership shallbe appurtenanttoand shallnot be separated from ownership of any Lot. Transferof ownership ofaLot shallautomaticallytransfer membership intheAssociation.Without any otheractor acknowledgment, Owners shallbe governed and controlledby theGoverning Documents. There shallbe two classesof membership, ClassA membership and Class B membership, asdescribedinSection3.3ofthese Bylaws. 3.2 Suspension All votingrightsofaMember shallbe suspended duringany periodinwhich such Member isdelinquentinthepayment of any assessment duly establishedpursuanttothe Declarationor isotherwiseindefaulthereunder or under any otherGoverning Documents. The Board may alsosuspend theMember's righttouseof any oftheCommon Areas during such periodofdefault. 3.3 Voting Rights The Associationshallhave two (2)classesof votingmembership: A. Class A Membership. ClassA Members shallbe allOwners withtheexceptionof Declarant,provided that Declarantshallbecome aClass A Member from and aftertheTurnover Date. Each Class A Member isentitledto the greaterof (a)one (1)voteforeach Lotowned or (b)one (1)vote for eachUnitconstructedon each Lotowned. When more thanone (1)person holds an interestin any Lot,allsuch persons shallbe Members, butthevoteforsuchLot shallbe exercisedasthey among themselves determine;provided,however, thattheOwners ofthatLot shallnot castmore votesthanthenumber of votesallocatedtotheLot by thepreceding sentence.Ifthe co-Owners of aLotcannot agree upon thevoteforthe Lots,thenthevote oftheLotshallbe disregardedin determiningtheparticularmatteratissue. B. Class B Membership. The Class B Member shallbe Declarant,provided thatthe ClassB membership shall terminateand become convertedtoClassA membership on the Conversion Date. The Class B Member isentitledtothe greaterof (a)three(3)votesforeach Lotowned or (b)three(3)votes foreach Unitconstructedon eachLot owned. 3 -Bylaws oftheNorton Ranch Community Association ARTICLE IV MEETINGS OF MEMBERS 4.1 InitialMeeting The initialmeeting oftheAssociationshallbe heldwithinone (1)yearafterthe Associationisformed by filingofthe Articlesof Incorporation.Declarantshallcalltheinitial meeting by writtennoticeto each Owner inaccordancewiththerequirements ofSection4.5, exceptthatDeclarantshallfulfillthe roleof secretary. 4.2 Turnover Meeting The DeclarantshallcalltheTurnover Meeting forthepurpose of tuming over administrativecontroloftheAssociationtotheClassA Members withinninety(90)days followingthe Conversion Date. Ifthe Declarantdoes notcalltheTurnover Meeting withinthe time specified,any Owner may calltheTumover Meeting. Notice oftheTumover Meeting shall be given inaccordance withtherequirementsofSection4.5.At the Turnover Meeting,the Members shallelectanew Board inaccordancewiththeterms ofArticleV, whetherornota quorum ispresentatsuch Tumover Meeting, and Declarantshalldelivertothe Board the documents listedon attachedSchedule 1. 4.3 Annual Meetings The Associationshallholda meeting oftheMembers eachcalendaryear. Such annual meeting shallbe heldon adateand atatime designatedby the Board from timeto time,and noticeoftheannual meeting shallbe senttoallMembers inaccordancewiththerequirementsof Section4.5. At the annual meeting,new members of the Board shallbe appointedorelected(as applicable)toreplacethosemembers whose termshave expiredpursuanttothetermsofSection 5.3,and theBoard shalltransactany otherbusinesswithinthepowers oftheAssociation. The orderofbusinessatannual meetings oftheAssociationshallbe: (a) Callingoftherolland certifyingofproxies; (b) Proofofnoticeof meeting orwaiver of notice; (c) Reading ofminutesof precedingmeeting; (d) Reports of officers; (e) Reports of committees,ifany; (f) Electionof Directors; (g) Unfinishedbusiness; (h) New business;and (i) Adjournment. 4.4 SpecialMeetings Specialmeetings oftheAssociationmay be calledatany time by thepresident,by a majorityoftheBoard, orby writtenrequestof Members entitledtocastatleastfivepercent(5%) 4 -Bylaws of the Norton Ranch Community Association ofthevotesofthe AssociationpursuanttoMCA 35-2-527(1)(a).Noticeofa specialmeeting shallbe senttoallMembers inaccordancewiththerequirementsofSection4.5,andbusiness transactedata specialmeeting shallbe restrictedtothepurposes setforthinsuchnotice. 4.5 Notice of Meetings Written noticeof any meeting oftheAssociationshallbe givenby thepresident, secretaryorotherperson authorizedby theBoard tocalla meeting atleastten(10)days butnot more than sixty(60)days before such meeting. The noticeshallbe hand-deliveredorsentby prepaidfirst-classUnited Statesmailtoeach Member, and toeach Mortgagee who has requested notice,tothemailing addresslastappearingon thebooks oftheAssociation(ortosuch mailing addressas aMember or Mortgagee has designatedinwritingto theAssociationatleastten (10) dayspriortothegivingofsuchnoticeofthemeeting). The noticeofa meeting shallstatethe timeand placeofthemeeting and thebusinesstobe placedon the agenda by the Board fora voteoftheMembers, includingthe generalnatureof any proposed amendment totheArticlesof Incorporationof theAssociation,the Declaration,theseBylaws, any budget or changes inthe previouslyapproved budget thatresultina change inassessment obligation,or any proposalto remove aDirector.Noticeofa meeting may be waived by any Member atany time before or afterthe meeting. No Member who ispresentata meetingmay objecttotheadequacy or timelinessofthenoticegiven. 4.6 Place of Meetings Meetings oftheAssociationshallbe held withinten (10)milesoftheSubdivision,atan exactlocationdetermined by the Board 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 adjournthemeeting toadatenot lessthan two (2) days normore thanten(10) days from the time ofthe originalmeeting withoutsendinganother noticeto the Members under Section4.5.The adjournment provisionsofthisSectiondo not apply toactionsproposed tobe takenby writtenballot. 4.8 Quorum The presence atthemeeting ofMembers entitledto cast,eitherin person orby proxy, twenty percent(20%) of thevotesofthe Associationshallconstitutea quorum forany action, unlessa greaterpercentageisrequiredelsewhere intheDeclarationor theseBylaws. The subsequentjoinderofMember inthe actiontaken ata meeting by signingand concurringinthe minutes thereofshallconstitutethepresence ofsuchMember forthepurpose ofdetermininga quorum. When a quorum isonce presentto organize a meeting,itcannot bebroken by the subsequent withdrawal ofa Member or Members. 5 -Bylaws oftheNorton Ranch Community Association 4.9 Majority Vote When a quorum ispresentatany meeting oftheMembers, the vote ofOwners holding more than fiftypercent (50%) ofthevotesoftheAssociationpresent,inperson orby proxy,at themeeting shallbe binding on allOwners forallpurposes,except where a higherpercentage voteisrequiredby theGoverning Documents. 4.10 Proxies A votemay be castinperson or by proxy. A proxy may requiretheholdertocastavote foror againstany specialproposalsetoutinthenoticecallingthe meeting. A proxy shallbe in writingand filedwiththesecretarybeforeor duringthemeeting. A proxy shallexpireeleven (11)months afterthedateitwas signedunlessashorterperiodisspecifiedintheproxy; provided,however, thatappointment ofa proxy isrevoked iftheMember appointingtheproxy (i)attendsany meeting and votes inperson,(ii)signsand deliverstothe secretaryeithera writingstatingthatthe appointment of theproxy isrevoked ora subsequent appointment form, or (iii)sellshisorherLot. Unless withdrawn, a proxy given toanotherperson tovoteata specificmeeting shallalsobe validatan adjourned meeting calledunder theprovisionsof Section4.7.The Associationmust retainproxiesandballotsforone (1)year from thedateofthe determinationofthevote. 4.11 Fiduciary and Corporate Owners. An executor,administrator,conservator,guardianortrusteemay vote,inperson orby proxy,atany meeting of the Associationwith respectto any Lotowned orheld insuch capacity, whether ornotthesame hasbeen transferredtosuch person'sname; provided,however, that such person must providethesecretarywithwrittenevidence satisfactoryto the secretarythatthe person isthe executor,administrator,conservator,guardianor trustee,holding suchLot insuch capacity.Any person votingon behalfofaLot owned by a corporationorotherentitymust provide the secretarywithwrittenevidence,satisfactorytothe secretary,thatsuch person isthe duly constitutedrepresentativethereof. 4.12 Voting by Mail or Electronic Ballot. Except assetforthin subsection(f)below, the Board, initsdiscretion,may providethata vote,approvalorconsentof any Member be givenby regularmail,electronicmailorfacsimile inaccordance withtheprocedure outlinedbelow. For purposes ofthisSection,"writtenballot" shallincludeany ballotdistributedby prepaidfirst-classUnited Statesmail,electronicmailor facsimile. (a) Inthecaseof an electionofBoard members by writtenballot,thenin additiontotheotherrequirementssetforthinthisSection4.12,the followingproceduresmust be followed: (i) theexistingBoard members must advisethesecretaryinwritingof the names of proposed Board members sufficientto constitutea fullboard andofadate atleastfifty(50)days aftersuchadviceisgiven by which allvotes aretobe received; 6 -Bylaws of theNorton Ranch Community Association (ii) the secretary,withinfive(5)days aftersuchadviceisgiven,must give writtennoticeofthenumber of Board members tobe electedand ofthenames ofthe nominees toallMembers; (iii) the noticemust statethatany suchOwner may nominate an additionalcandidateor candidates,nottoexceed thenumber of Board members tobe elected,by givingwrittennoticeofsuchnomination tothe secretaryon orbeforea specifieddatewhich must be fifteen(15)days from thedateafterthenoticewas givenby the secretary;and (iv) five(5)days aftersuch specifieddate,thesecretarymust give writtennoticetoallMembers, statingthe number ofBoard members tobe elected,stating thenames ofallpersonsnominated by the Board and by the Members on orbeforethe deadline,statingthateachMember may castavote by mailand statingthe deadline establishedby theBoard by which suchvotesmust be receivedby the secretaryatthe addressof theprincipalofficeoftheAssociation(which must be specifiedinthe notice) and thatvotesreceivedafterthatdate willnot be effective. (b) Any actionthatmay be takenatany annual,regularor specialmeeting of the Associationmay be takenwithouta meeting ifthe Associationdeliversa writtenballotto every Associationmember thatisentitledtovoteon thematter. (i) A writtenballotmust setfortheach proposed actionand providean opportunityto vote foror againsteach proposed action. (ii) The Board must provide owners withatleastten(10)days'notice beforewrittenballotsaremailed or otherwisedelivered. (iii) If,atleastthree(3)days before writtenballotsare scheduledtobe mailedor otherwisedistributed,atleasttenpercent(10%) oftheOwners petitionthe Board requestingsecrecyprocedures,awrittenpaper ballotmust be accompanied by a secrecyenvelope,areturnidentificationenvelope tobe signedby theowner and instructionsformarking and returningthepaper ballot.Inthisinstance,no electronic mail votingwillbe accepted.Written paper ballotsthatarereturnedinsecrecyenvelopes may notbe examined orcounted beforethedeadlineforreturningballotshas passed. (c) Matters thatmay be voted on by writtenballotwillbe deemed approved or rejectedasfollows: (i) Ifapproval ofa proposed actionotherwisewould requirea meeting atwhich acertainquorum must be presentand atwhich acertainpercentageoftotal votescastisrequiredtoauthorizethe action,theproposalwillbe deemed approved when thedate forreturnofballotshas passed,a quorum ofMembers has voted,andthe requiredpercentageof approving voteshas been received.Otherwise,theproposalwill be deemed tobe rejected. 7 -Bylaws oftheNorton Ranch Community Association (ii) Ifapprovalofa proposed actionotherwisewould requireameeting atwhich a specifiedpercentage ofOwners must authorizethe action,theproposalwillbe approved when thepercentage oftotalvotescastinfavorof theproposal equalsor exceedssuch requiredpercentage.The proposalshallbe deemed tobe rejectedwhen the number ofvotescastinoppositionrendersapproval impossibleorwhen boththedatefor retum ofballotshas passed and such requiredpercentagehasnotbeen met. (d) All solicitationsforvotesby writtenballotmust statethe following: (i) Ifapprovalofthe proposalby writtenballotrequiresthatthe total number ofvotescastequal orexceed acertainquorum requirement,the number of responsesneeded to meet such quorum requirement; (ii) Ifapprovalofa proposal by writtenballotrequiresthatacertain percentageoftotalvotescastapprove the proposal,therequiredpercentageoftotalvotes needed forapproval;and (iii) Ifthe matterbeing votedon istheelectionofDirectorstothe Board,the additionalitemssetforthinsubsection(a)above. (e) All solicitationsforvotesby writtenballotmust specifythe periodduring which the Associationwillacceptwrittenballotsforcounting,and adatecertainon which all ballotsmust be retumed tobe counted. (f) Action by writtenballotmay notsubstitutefortheTumover Meeting or theannual meeting oftheAssociation. ARTICLE V BOARD OF DIRECTORS 5.1 Number and Qualification The affairsof the Associationshallbe managed by aBoard consistingof (a)three(3) DirectorspriortotheTumover Meeting and (b)between three(3)Directorsand five(5) DirectorsaftertheTumover Meeting, asdetermined by the Members from time totime. The Directorsneed notbe Members priortotheTurnover Meeting butshallbe Members afterthe Tumover Meeting; provided,however, thatifaLot isowned by more than one (1)Owner, only one (1)Owner ofthatLot may serveon the Board atany time. 5.2 Appointment ofDirectors Untilthe Turnover Meeting, DeclarantshallappointallDirectors,and may remove and replaceany Director,with orwithout cause,exceptthatDeclarantmay revocablyor irrevocably delegatethepower to appoint,remove and replaceDirectorshereunder by writteninstrument deliveredtothe Associationnaming the partytowhom thepower to appointDirectorshasbeen delegated.At and afterthe Turnover Meeting,theDirectorsshallbe electedinthemanner provided in Section5.3. 8 -Bylaws oftheNorton Ranch Community Association 5.3 ElectionofDirectors At the Turnover Meeting, the Directorsappointedby Declarantor itsappointeeshall submit theirresignationsand the Members shallelectnew Directorsas provided herein.Ifthree (3)Directorsareelected,one (1)Directorshallbe electedfora term ofone (1)year and two (2) Directorsforaterm oftwo (2)years.Iffive(5)Directorsare elected,two (2)Directorsshallbe electedforaterm ofone (1)year and three(3)Directorsshallbe electedtoserveforaterm of (2)years.Thereafter,ateach annual meeting ofthe Association,the Members shallelectthe number ofDirectorsequal to the number whose terms arethen expiring,eachto serveatermof two (2)years.Any Directormay servemore thanone (1)term. Voting forDirectorsshallnotbe cumulative. 5.4 Removal Any Director,otherthana Directorappointedby Declarant,may be removed, with or without cause,by Owners holding atleasta majorityofthe votingrightsintheAssociationwho arepresent,inperson or by proxy,atany meeting oftheMembers atwhich a quorum ispresent. No removal ofaDirectoriseffectiveunlessthematterofremoval was includedinthenoticeof themeeting and the Directorwhose removal isproposed isgiven the opportunitytobeheard at themeeting. At themeeting,the Members shallelecta replacement Directorto servethe remainderofthereplacedDirector'sterm. 5.5 Resignation Any Directormay resignatany time by sending a writtennoticeofsuch resignationto the secretary.Unless otherwisespecifiedin such notice,a resignationshalltake effectupon receiptofthenoticeby thesecretary. 5.6 Vacancies Vacancies on theBoard causedby thedeath,resignation,orremoval ofaDirectorshall be filledby vote ofthe majorityoftheremaining Directors,even ifthey constitutelessthan a quorum. Any Directorsoelectedshallservethe remainder ofthereplacedDirector'sterm. 5.7 Compensation No Directorshallreceivecompensation forany servicehe or she may rendertothe Association.However, any Directormay be reimbursedforhisorheractualout-ofpocket expenses reasonablyincurredintheperformance of hisorher duties. 5.8 Liabilityand Indemnification of Directors,Officers,Manager and Managing Agent The Directorsand officersof theAssociationshallnotbe liabletotheAssociationorthe Members forany mistake ofjudgment, negligence,or otherwiseexcept fortheirown willful misconduct orbad faith.The Associationshallindemnify and holdharmless each Directorand officerand themanager or managing agenton behalfof the Associationunlesssuchcontract 9 -Bylaws oftheNorton Ranch Community Association shallhave been made inbad faithor contrarytotheprovisionsoftheDeclarationorofthese Bylaws. Each Directorand officerand the manager or managing agent,ifany,shallbe indemnifiedby the Associationagainstallexpenses and liabilities,includingattorneys'fees, reasonablyincurredor imposed upon them inconnectionwith any proceeding to which theymay be a party,orwhich theymay become involvedby reasonof being or having been a Director, officer,manager or managing agent and shallbe indemnifiedupon any reasonablesettlement thereof;provided,however, thereshallbe no indemnity ifthe Director,officer,manager or managing agent isadjudged guiltyofwillfulnonfeasance,misfeasance or malfeasance inthe performance oftheirduties.As to any manager or managing agentthisSectionshallonly be applicabletothirdpartytortclaims up totheamount oftheAssociation'sliabilityinsurance coverage and shallnotinany way apply to contractualliabilityor obligationsunder the management contract. 5.9 SpecialCommittees The Board by resolutionmay designateone ormore specialcommittees,each committee toconsistoftwo (2)ormore Members which, totheextentprovided insaidresolution,shall have and may exercisethe powers setforthin saidresolution.Such specialcommittee or committees shallhave suchname or names asmay be determined from timetotime by the Board. Such specialcommittees must keep regularminutes oftheirproceedings and reportthe same totheBoard when required.The members ofsuch specialcommittee orcommittees designatedshallbe appointedby the Board orthepresident.The Board or the presidentmay appointMembers tofillvacancieson eachofsaidspecialcommittees occasionedby death, resignation,removal,or inabilityto actforany extended periodof time. 5.10 Powers ofBoard The businessand affairsoftheAssociationshallbe managed by the Board. The Board may exerciseallofthepowers of a nonprofitcorporationundertheMontana Nonprofit CorporationAct (beingChapter 2,Title35 of the Montana Code),excepttoextentthepowers of theBoard arelimitedby theGoverning Documents orthelaws oftheStateofMontana. The Board shallhave thepower to: (a) To adopt and publishthe Rules and Regulationsgoverning theuseof Common Areas,and the personalconductof the Members and theirgueststhereon,and to establishfinesforthe infractionthereof; (b) To suspend aMember's votingrightsand/orrighttouse the Common Areas (otherthanstreetsand roadways) during any periodinwhich suchMember isindefaultin thepayment of assessments leviedby theAssociation.Such rightsmay alsobe suspended,after noticeand a hearing,fora periodnottoexceed sixty(60)days foraninfractionoftheRules and Regulationsoraviolationof the Declaration; (c) To declaretheofficeof aDirectortobe vacantintheeventsuch Director shallbe absentfrom three(3)consecutiveregularmeetings of theBoard withoutjustcause having been furnishedtoand acceptedby theBoard; 10 -Bylaws ofthe Norton Ranch Community Association (d) To adopt an annual budget fortheoperationoftheAssociation; (e) To levy and collectassessments,latefees,interestand finesas providedin the Governing Documents, includingfilingliensagainstLotsand institutinglegalproceedingsto collectsuch assessments,latefees,interestand fines; (f) To appointand disbandsuchcommittees astheBoard deems appropriate; (g) To establish,disburseand maintain such pettycash asisnecessaryfor efficientlycarryingon thebusinessoftheAssociation; (h) To engage theservicesofa manager, an independent contractor,orsuch employees and contractorsasitdeems necessary,and toprescribetheconditions,compensation and dutiesoftheirwork. Such power shallincludeauthorityto enterintomanagement agreements withotherpartiesto manage, operateorperform allor any partof the affairsand businessofthe Association; (i) To executealldeclarationsof ownership fortax assessment purposes with regardtotheCommon Areas,ifany,on behalfofallOwners; (j) To borrow fundstopay costsofoperationof theAssociationwiththe approvalof sixtypercent(60%) oftheMembers presentata meeting oftheMembers atwhich a quorum ispresent; (k) To granteasements or rights-of-waytoany utilitycompany, publicagency ortoany otherentity; (1) To protectordefend the Common Areas from lossor damage by suitor otherwise,and to provide adequate reservesformaintenance and replacement oftheCommon Maintenance Areas; (m) To adjusttheamount, collectand use any insuranceproceedsto repair damage orreplacedamaged orlostproperty,and ifproceeds are insufficienttorepairdamaged orreplacelostproperty,toassesstheOwners inproportionateamounts to cover thedeficiency; (n) To enforcethe provisionsoftheGoverning Documents and toenjoinand seek damages from any Owner forviolationofsuch Governing Documents; and (0) To exerciseany additionalor differentpowers necessaryordesirablefor thepurpose of carryingout thefunctionsofthe Associationpursuantto the Governing Documents orotherwisepromoting thegeneralbenefitof theMembers of the Association. 5.11 Duties ofBoard Itshallbe the duty of theBoard: (a) To cause tobe kept a complete recordof allitsactsand corporateaffairs and topresenta statementthereoftothe Members attheannualmeeting oftheMembers or at 11 -Bylaws oftheNorton Ranch Community Association any specialmeeting,when suchstatementisrequestedinwritingby one-fourth(1/4)ofthevotes oftheMembers who areentitledto vote; (b) To superviseallofficers,agentsand employees ofthisAssociation,and to seethattheirdutiesareproperlyperformed; (c) To fixthe amount ofallassessmentsrequiredor permittedunderthe Declarationagainsteach Lot,and tosend writtennoticeofeach such assessment toevery Owner; (d) To issue,ortocausean appropriateofficerto issue,upon demand by any person,acertificatesettingforthwhether ornotassessmentshave been paidin respecttoa particularLot. A reasonablecharge may be made by theBoard forthe issuanceofthese certificates,and theinformationcontainedon the certificatesshallbe binding on theAssociation. (e) To procureand maintain adequate liabilityand propertyinsuranceon propertyowned by the Associationorotherpropertyforwhich theAssociationhasan obligation under the Declarationor theseBylaws toinsureand,ifdeemed appropriate,insuranceon the behalfof any Director,officer,employee, or agentof the Associationagainstany liability assertedagainsthim orherand incurredby him orher in any such capacityor arisingoutofhis orherstatusas such; (f) To causeallofficers,employees or agents,having fiscalresponsibilityto be bonded, asitmay deem appropriate; (g) To causetheCommon Maintenance Areas tobe maintained; (h) To maintainacurrentmailing listof the Members and Mortgagees who have requestednoticeof meetings and otherevents; (i) To fileannual taxreturnsforthe Association; (j) To adopt a budget annuallyforthe Associationto manage and operatethe Subdivision.Within thirty(30)days afteradoptingtheannual budget or any modified budget, theBoard shallsetadatefora meeting oftheMembers to considerratificationofthebudget and sendnoticeofsuch meeting tothe Members in accordance withSection4.5.UnlesstheMembers holding a majorityofthe votesintheAssociationvotetorejectthebudget,thebudget isratified, whether ornot a quorum ispresentatthemeeting.Ifthe Board failsto adopt a budget orifthe Members votetorejectthebudget,thelastadopted and ratifiedbudget forthe Associationshall continuein effect;and (k) To perform allotherdutiesof theAssociationand theBoard assetforthin the Governing Documents. 12 -Bylaws of theNorton Ranch Community Association ARTICLE VI MEETINGS OF THE BOARD 6.1 InitialMeeting The initialmeeting oftheBoard shalloccureitherimmediately afterorwithinfourteen (14)days afterthe datetheinitialmeeting oftheMembers pursuanttoSection4.1.Noticeof the initialmeeting shallbe senttoeachDirectorand the Members inaccordancewith the requirementsofSection6.9. 6.2 Regular Meetings Regular meetings oftheBoard may be heldatsuchtimeasshallbe determinedfrom time to time by a majorityof theDirectors.Noticeof regularmeetings shallbe deliveredto each Directorand theMembers inaccordancewiththerequirementsofSection6.9. 6.3 Special Meetings Specialmeetings oftheBoard may be calledatany time by thepresidentor a majorityof theDirectors.Noticeof specialmeetings shallbe deliveredtoeach Directorand the Members in accordance with therequirementsofSection6.9. 6.4 Emergency Meetings Emergency meetingsmay be heldwithoutnotice,ifthereasonfortheemergency is statedintheminutes ofthemeeting. 6.5 Closed Session At thediscretionof the Board, thefollowingmattersmay be consideredinclosedsession: (a) Personnel matters; (b) Consultwith legalcounselorconsidercommunications with legal counsel;and (c) Discuss likelyor pending litigation,mattersinvolvingpossibleviolations of theGoverning Documents, and mattersinvolvingliabilityof a Member tothe Association. The Board shallvote inan open meeting whether tomeet inclosedsession.The motion shallstatespecificallythepurpose forthe closedsession.Reference tothemotion and stated purpose fortheclosedsessionshallbe includedintheminutes ofthemeeting. The Board shall restricttheconsiderationofmattersduringtheclosedportionof a meeting toonly thosepurposes specificallyexempted and statedinthemotion. No motion,orotheractionadopted,passed or agreedtoinclosedsession,may become effectiveunlesstheBoard, followingtheclosedsession, reconvenes inopen meeting and votes inthe open meeting on such motion, or otheractionwhich isreasonablyidentified.The requirementsofthisSectionshallnotrequirethedisclosureof informationinviolationof applicablelaw orwhich isotherwiseexempt from disclosure. 13 -Bylaws oftheNorton Ranch Community Association 6.6 Adjournment Any meeting of theBoard may be adjournedby a majorityoftheDirectorspresentatthe meeting,even ifa quorum isnot present.When a meeting isadjourned forfewerthan thirty(30) days,no noticeof the resumption or reconvening ofthe adjournedmeeting need be given other than by announcement atthemeeting atwhich such adjournment takesplace. 6.7 Board Meetings Open toallMembers Except ofclosedsessions,allmeetings ofthe Board shallbe open totheMembers, provided thatno Member shallhave therighttoparticipateintheBoard's meeting unlesssuch Member isalsoamember oftheBoard. The presidentshallhave therighttoexclude any Member who disruptsthe proceedingsata meeting oftheBoard. 6.8 Placeof Meetings Meetings of the Board shallbeheldwithinten (10)milesofthe Subdivision,atan exact locationdeterminedby theBoard and designatedinthenoticerequiredby Sections6.2 and 6.3. 6.9 Noticeof Meetings The secretaryshallgive writtennoticetoeachDirectorof any meeting oftheBoard at leastthree(3)priortothe datesetforsuch meeting, statingthe purpose,time and locationofthe meeting. Notice shallbe sentto theaddressofeach Directoraslistedon thebooks ofthe Association,ortosuchotheraddressas aDirectormay designateby writtennoticetothe secretarygiven atleastten (10)dayspriortothegivingofnoticeofthemeeting. Noticeof any meeting may be waived by any Directoratany timebefore orafterthemeeting. No Director who ispresentata meeting may objecttotheadequacy ortimelinessofthenoticegiven. For otherthanclosedsessionmeetings,noticeofBoard meetings shallalsobe given the Members by postingata place or placeswithinthe Subdivisionlikelytobe seen by allMembers atleastthree(3)dayspriortotheBoard meeting,orby one ofthemeans describedinSection4.5 notlessthanten (10)days priortotheBoard meeting. 6.10 Voting by theBoard Each Directorshallhave one (1)vote.The votesofmore than fiftypercent(50%) of Directorspresentata meeting atwhich a quorum ispresentshallconstitutetheactoftheBoard. 6.11 Quorum The presence inperson ofa majorityof the Directorsshallconstitutea quorum forvoting ata Board meeting. Iflessthana quorum ispresentata meeting,a majorityofthe Directors presentatthemeeting may adjournthemeeting. At any adjournedmeeting atwhich a quorum is present,any businesswhich might have been transactedatthemeeting originallycalledmay be transactedwithout furthernotice. 14 -Bylaws oftheNorton Ranch Community Association 6.12 Consent inLieu of Meeting Any actionrequiredorwhich may be takenata meeting oftheBoard or acommittee thereofmay be taken withouta meeting ifaconsentinwriting,settingforththe actionsotaken ortobe taken,shallbe signedby allDirectorsorcommittee members asthe case may be. 6.13 ParticipationofDirectors by Telephonic Communication Directorsorcommittees thereofmay participateina meeting oftheBoard oracommittee by means by which allDirectorsorcommittee members participatingcanhear each otherduring themeeting. Participationby suchmeans shallconstitutepresencein person ata meeting. ARTICLE VII OFFICERS OF ASSOCIATION 7.1 Enumeration ofOfficers The principalofficersoftheAssociationshallbe thepresident,secretaryand treasurer, eachofwhom shallbe electedby the Board inaccordancewithSection7.2.The Board may appointotherofficersas initsjudgment may be desirable.Any two or more officesmay be held by thesame person,exceptfortheofficesof presidentand secretary.All officersmust be Members, ormembers of theirimmediate family,fiduciaries,beneficiariesor Mortgagees (andin thecaseofLotsowned by corporations,trustsor partnerships,the officesmay be held by directors,officers,shareholders,trustees,partnersor employees ofsuch organizations). 7.2 Election of Officers The officersofthe Associationshallbe electedby the Board and shallholdofficeatthe pleasureoftheBoard and untiltheirsuccessorsareelectedand qualified.Ifany officebecomes vacant,the Board shallelectasuccessortofulfilltheunexpired term atany regularmeeting of theBoard, or atany specialmeeting oftheBoard calledforsuch purpose. 7.3 Term The officersoftheAssociationshallbe electedby the Board and shallhold officefora periodofone (1)year,unlessan officerresignsorisremoved by the Board or isotherwise disqualifiedforservice. 7.4 Resignation and Removal Any officerof theAssociationmay be removed from office,withorwithout cause,upon theaffirmativevote of a majorityoftheBoard and a successorelectedatany regularmeeting of theBoard oratany specialmeeting of theBoard calledforsuch purpose. An officerof the Associationmay resignatany time by givingnoticeto the secretary.Such resignationshalltake effecton thedateof receiptofsuch noticeor atany latertime specifiedtherein;theacceptance of such resignationshallnot be necessaryto make iteffective. 15 -Bylaws oftheNorton Ranch Community Association 7.5 Vacancies A vacancy inany officemay be filledby electionatany regularmeeting ofthe Associationorata specialmeeting oftheBoard calledforsuch purpose. The officerelectedto filla vacancy shallservefortheremainderofthetermoftheofficerhe orshe replaces. 7.6 Duties The dutiesoftheofficersoftheAssociationareasfollows: President The presidentshallbe the chiefexecutiveofficerof the Association.The presidentshall presideatallmeetings oftheMembers and Board and shallhave allofthepowers and duties which areusuallyincidenttotheofficeofthechiefexecutiveofficerofan Association, including,butnotlimitedto,the power to appointcommittees from timeto timeasmay, inthe president'sdiscretion,be appropriateto assistintheconductoftheaffairsoftheAssociation. Secretary The secretaryshallkeep minutes ofallproceedings oftheBoard and minutes ofall Associationmeetings. The secretaryshallattendtothegivingand servingofallnoticestothe Members and Directorsand othernoticesrequiredby law. Associationrecordsshallbe keptby the secretary,except forthoseofthetreasurer.The secretaryshallperform allotherduties incidenttotheofficeof secretaryofan associationand as may be requiredby theDirectorsorthe president.In addition,the secretaryshallactasvicepresident,takingtheplace of thepresident and performing such dutieswhenever the presidentisabsentorunableto act,unlessthe Directorshave appointedavicepresident. Treasurer The treasurershallbe responsibleforAssociationfundsand securitiesand shallbe responsibleforsupervisingthemanaging agent and causingthesame tokeep fulland accurate financialrecordsandbooks ofaccount showing allreceiptsand disbursementsnecessaryforthe preparationofallrequiredfinancialstatements.The treasurershallreview thereportsand statementsprovidedby the managing agentwith respecttothedepositofallfundsand other valuableeffectsinsuch depositoriesas may from timetotimebe designatedby the Board, and the disbursement of Associationfundsinaccordance withtheapproved Associationbudget and any specialauthorizationsfrom the Board forunbudgeted items.The treasurershallingeneral perform allotherdutiesincidenttotheofficeof treasurerofan associationand suchotherduties as may be assignedby theBoard.The treasurershallcauseallassessmentstobe depositedina separatebank account in the name oftheAssociationand allexpenses oftheAssociationtobe paidfrom thataccount. 16 -Bylaws of theNorton Ranch Community Association 7.7 Execution of Instruments All agreements,contracts,deeds,leasesand otherinstrumentsof the Association,except checks,shallbe executedby such person orpersons as may be designatedby generalor special resolutionofthe Board and,intheabsence of any generalor specialresolutionapplicableto any such instrument,thensuchinstrumentshallbe signedby thepresident.Allchecks forlessthan Two Thousand Four Hundred Ninety-Nine Dollars($2,499.00)may be signedby themanaging agent or any duly electedofficerof theAssociation.AllchecksofTwo Thousand FiveHundred ($2,500.00)ormore shallrequirethe signaturesofatleasttwo (2)authorizedsignatories. 7.8 Compensation Other thanreimbursement ofreasonableout-of-pocketexpenses incurredon behalfofthe Association,no officerof theAssociationshallreceiveany compensation from theAssociation foractingasan officer,unlesssuch compensation isauthorizedby a majorityvoteof the Members present,in person or by proxy,ata meeting oftheMembers 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 oftheMembers toratifythebudget,pursuanttoSection3.1oftheDeclaration. 8.2 Assessments The Associationshalllevy and collectassessmentsand otherchargespursuanttothe termsof Article3 ofthe Declaration.IfAdditionalPropertyisannexed toorremoved from the Subdivision,thecommon expenses oftheAssociationshallbe reapportionedpursuanttothe termsofSection3.13 or 3.14,respectively,oftheDeclaration. 8.3 Reserve Study The Declarantand Associationshallprepareareservestudy pursuanttotheterms of Section3.3of theDeclaration. ARTICLE IX BOOKS AND RECORDS 9.1 Books and Records The Associationand managing agent(ifapplicable)shallkeep (a)financialrecords sufficientlydetailedforproper accountingpurposes,includingan assessment rollforeach Lot (b)detailedrecordsoftheactionsofthe Board and managing agent(ifapplicable)and minutes ofBoard and Associationmeetings,(c)a listof Members entitledto voteatAssociationmeetings and a listofallMortgagees whom have requestednoticeof meeting and otherevents,and (d) 17 -Bylaws oftheNorton Ranch Community Association otherdocuments, informationand recordsinsufficientdetailtoenabletheAssociationtofully declareto eachMember the truestatementofitsfinancialstatus.AllAssociationdocuments, informationand recordsshallbe maintained withintheStateofMontana atalltimes. 9.2 Examination ofRecords The Associationshallmake availableto Members, Mortgagees, prospectivepurchasers and theirprospectiveMortgagees, and the agentsor attorneysof any of them, currentcopiesof theDeclarationand theArticlesof Incorporation,Bylaws and rulesand regulationsofthe Association.All financialand otherrecordsoftheAssociation,includingbutnotlimitedto checks,bank recordsand invoices,arethepropertyoftheAssociation,butshallbemade reasonablyavailableforexamination and copyingby any Member, or the Member's authorized agents,and by any managing agent. "Available"shallmean availableforinspectionupon request,duringnormal businesshoursorunderotherreasonablecircumstances.The Association may requiretherequestingpartyto pay areasonablecharge tocoverthecostof making the copies. 9.3 Financial Statements Within ninety(90)days afterthe end ofeachfiscalyear,the Board shalldistributeto each Member and,upon request,any Mortgagee a copy of theannual financialstatementsofthe Association,consistingofa balance sheetand income and expense statementforthepreceding fiscalyear. IfAnnual Assessments are$50,000 ormore, the financialstatementsofthe Associationshallbe auditedby an independent certifiedpublicaccountant;provided,however, thattheauditmay be waived ifMembers holding atleastsixty-sevenpercent(67%) of the votes oftheAssociationvote,inperson or by proxy ata meeting oftheAssociationatwhich a quorum ispresent,each yearto waive theaudit. 9.4 Tax Returns The Board shallcausetobe filedthe necessarystateand federalincome taxreturnsfor the Association. 9.5 Payment Vouchers The method of approving payment vouchers (ifapplicable)forthemaintenance,upkeep and repairoftheCommon Maintenance Areas and payment fortheexpense oftheAssociation willbe as establishedfrom timetotime by the Board. 9.6 FiscalYear The FiscalYear oftheAssociationshallbegin on the firstday of Januaryand end on the 31stday ofDecember of everyyear,exceptthatthefirstfiscalyear shallbegin on thedateof incorporationof the Association. 18 -Bylaws oftheNorton Ranch Community Association ARTICLE X INSURANCE The Associationshallmaintaintheinsurancecoverages requiredby Article8 ofthe Declaration. ARTICLE XI DAMAGE OR DESTRUCTION BY CASUALTY Any damage toor destructionoftheCommon Areas or any otherareasthe Associationis requiredtoinsureagainstan eventof casualtyshallbehandled inaccordancewiththetermsof Article9 oftheDeclaration. ARTICLE XII RULES AND REGULATIONS The Board shallhave power to adopt and publishrulesand regulationsgoverning the conduct of persons and theoperationand useoftheLots and the Common Areas asitmay deem necessaryor appropriatetoassurethepeacefuland orderlyuseand enjoyment ofthe Subdivision,and toestablishfinesfortheinfractionthereof.Such rulesand regulationsmay be adoptedupon a majorityvote oftheDirectorspresentata meeting atwhich thereisa quorum presentand asto which noticehasbeen given asprovided intheseBylaws. Such noticeshall includea verbatim copy ofallproposed rulesand regulations.No ruleor regulationshallbe adopted withouta copy thereoffirsthaving been deliveredormailed toeachMember in accordance withtherequirementsofSection4.5.Upon adopting any such rulesand regulations, the Board shallcause copiesthereoftobe deliveredto eachMember. Allsuchrulesand regulationsbecome binding on allMembers and occupants ofallLots upon thedateof delivery. Any ruleor regulationwhich conflictswiththeseBylaws ortheDeclarationshallbe nulland void. ARTICLE XIII AMENDMENTS 13.1 General Amendments Except as setforthbelow, any and allprovisionsoftheseBylaws may be amended or repealedand new Bylaws may be adopted atany annual meeting oftheMembers, oratany specialmeeting calledforthatpurpose,by atleasta majorityof the votesofthe Members, and thewrittenconsent oftheDeclarantso long asthe Declarantisa Class B Member. Amendments orchanges totheseBylaws may be proposed by eithera majorityofthe Board or by the Members holding atleastthirtypercent(30%) of thevotesoftheAssociation. The proposed amendment must be inwritingand shallbe includedinthenoticeof any meeting atwhich actionistobe taken thereon. An amendment or change to theseBylaws shallnotbe effectiveunlessitis(i)certifiedby the presidentand secretaryofthe Associationashaving been adopted inaccordance with these 19 -Bylaws oftheNorton Ranch Community Association Bylaws and acknowledged inthe manner provided foracknowledgement of deeds,and (ii) recordedintheOfficialRecords oftheGallatinCounty, Montana. 13.2 Declarant Amendments Notwithstanding any provisionshereoftothecontrary,theDeclarantmay unilaterally amend theseBylaws (i)atany timebeforethe conveyance ofthefirstLottoa 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 otherprovisionsofthisArticleXIII,Declarantshallhave theright tounilaterallyamend theseBylaws priortotheTurnover Meeting inorderto comply withthe requirementsoftheFederalHousing Administration,theUnited StatesDepartment ofVeterans Affairs,theFarmer'sHome AdministrationoftheUnited States,the FederalNationalMortgage Association,the Government NationalMortgage Association,theFederalHome Mortgage Loan Corporation,any department,bureau,board,commission or agency ofthe United Statesorthe Stateof Montana or any corporationwholly owned, directlyor indirectly,by theUnitedStatesor theStateofMontana which insures,guaranteesor provides financingfora planned community or lotsinaplanned community. ARTICLE XIV MISCELLANEOUS 14.1 Notices All noticestothe Associationor to the Board shallbe sentincareofthemanaging agent or,ifthereisno managing agent,tothe principalofficeoftheAssociationortosuchother addressastheBoard hereaftermay designatefrom timetotime.Any noticeto a Member, except as otherwiseprovided intheseBylaws, shallbe sentby firstclassmailtotheaddressofMember lastappearingon thebooks oftheAssociation(ortosuchotheraddressasthe Member has designatedinwritingtothe Association. 14.2 Waiver No restriction,condition,obligationor provisioncontainedintheseBylaws shallbe deemed to have been abrogatedor waived by reason of any failuretoenforcethe same, irrespectiveofthenumber of violationsor breaches thereofthatmay have occurredand the number of timesthatthe pertinentrestriction,condition,obligationor provisionwas not enforced. 20 -Bylaws oftheNorton Ranch Community Association 14.3 Severability Invalidationor partialinvalidationof any provisionoftheseBylaws shallnotaffectany oftheremaining provisionsof the Bylaws. 14.4 Personal Pronouns All personalpronouns used intheseBylaws, whether usedinthemasculine,feminine or neutergender,shallincludeallothergenders;the singularshallincludetheplural,and vice versa. 14.5 Headings The headings containedintheseBylaws are forreferencepurposesonly and shallnot in any way affectthemeaning or interpretationoftheseBylaws. 14.6 Conflicts These Bylaws areintendedto comply with applicablelaw and theDeclaration.Incaseof any irreconcilableconflict,applicablelaw and theDeclarationshallcontrolovertheseBylaws (unlesstheseBylaws expresslyprovide otherwise)and any amendments hereto,and any rulesor regulationsadopted hereunder. 14.7 Dissolution Upon dissolutionoftheAssociation,voluntarilyor otherwise,itshallautomaticallybe succeeded by an unincorporatedassociationofthesame name and having the same purposes. All assets,property,powers, and obligationsof the Associationexistingpriorto dissolutionshall thereupon automaticallyvestinthesuccessorunincorporatedassociation. [Continued on the followingpage] 21 -Bylaws of theNorton Ranch Community Association ADOPTION OF BYLAWS Itishereby certifiedthattheseBylaws have been adopted by the Board ofDirectorsof theAssociation,and by Norton PropertiesLLC, an Oregon limitedliabilitycompany, andNorton Ranch Homes, LLC, an Oregon limitedliabilitycompany, DeclarantofNorton Ranch. These Bylaws shallbe recordedintheOfficialRecords ofGallatinCounty, Montana, togetherwiththe Declaration. Dated: ,2011. ASSOCIATION: NORTON RANCH COMMUNITY ASSOCIATION, aMontana nonprofit corporation By: Name: Kevin Spencer Title:SoleDirector 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 oftheNorton Ranch Community Association ACKNOWLEDGMENTS STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged before me this_ day of , 2011,by Kevin Spencer,theSoleDirectoroftheNORTON RANCH COMMUNITY ASSOCIATION, a Montana nonprofitcorporation,on behalfofthe corporation. PrintName: Notary Publicinand forthe Stateof Oregon My Commission expires: STATEOFOREGON ) )ss. County ofDeschutes ) The foregoinginstrumentwas acknowledged beforeme this_ day of 2011,by Kevin Spencer,theManager ofNORTON PROPERTIES, LLC, an Oregon limited liabilitycompany, on behalfofthe company. PrintName: Notary Publicinand forthe Stateof Oregon My Commission expires: STATE OF OREGON ) )ss. County of Deschutes ) The foregoinginstrumentwas acknowledged beforeme this_ day of , 2011,by Kevin Spencer,the Member ofNORTON RANCH HOMES, LLC, an Oregon limited liabilitycompany, on behalfofthe company. PrintName: Notary Publicinand forthe Stateof Oregon My Commission expires: 23 -Bylaws oftheNorton Ranch Community Association SCHEDULE 1 LIST OF INFORMATION AND DOCUMENTS (a) The originalora photocopy of therecordedDeclarationand copiesof the Bylaws and the Articlesof Incorporation,ifany,ofthe Subdivisionand any supplements and amendments totheArticlesor Bylaws; (b) A deed totheCommon Areas,unlessotherwiseprovided inthe Declaration; (c) The minute books, includingallminutes,and otherbooks and recordsof the Associationand theBoard; (d) Allrulesand regulationsadoptedby the Declarant; (e) Resignationsofofficersand members oftheBoard who were appointedby Declarant; (f) A financialstatementconsistingofa balance sheetand anincome and expense statementforthepreceding 12-month periodortheperiodfollowingtherecordingofthe declaration,whichever periodisshorter; (g) Allfunds oftheAssociationand controlofthe funds,includingallbank records; (h) All tangiblepersonalpropertythatispropertyofthe Association,and an inventoryoftheproperty; (i) Records ofallpropertytax payments forthe Common Areas tobe administered by the Association; (j) Copies of any income taxreturnsfiledby theDeclarantinthename ofthe Association,and supportingrecordsforthereturns; (k) Allbank signaturecards; (1) The Reserve Account establishedinthename ofthe Association; (m) The reservestudy,includingallupdates and othersourcesof informationthat serveasabasisforcalculatingreserves; (n) An operatingbudget and a budget forreplacement oftheCommon 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 landscapingtogetherwithcabletelevisiondrawings; (D) Any otherplans and informationrelevanttofuturerepairor maintenance oftheCommon Areas;and (E)A listof 1 - Schedule 1 thegeneralcontractorand the electrical,heatingand plumbing subcontractorsresponsiblefor constructionorinstallationofCommon Areas; (p) Insurancepolicies; (q) Copies of any occupancy permitsissuedforthe Subdivision; (r) Any otherpermitsissuedby governmental bodies applicabletotheSubdivisionin forceorissuedwithinone yearbeforethedateon which the Members assume administrative responsibility; (s) A listof any writtenwarrantieson theCommon Areas thatareineffectand the names ofthecontractor,subcontractoror supplierwho made the installationforwhich the warranty isin effect; (t) A rosterof Members and theiraddressesand telephonenumbers, ifknown, as shown on therecordsof the Declarant; (u) Leasesofthe Common Areas and any otherleasesto which theAssociationisa party; (v) Employment orservicecontractsinwhich the Associationisone ofthe contractingpartiesor servicecontractsinwhich theAssociationortheowners have an obligation or responsibility,directlyor indirectly,topay some orallofthefeeor charge ofthe person performing theservice;and (w) Any othercontractstowhich the Associationisa party. 2 - Schedule 1