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HomeMy WebLinkAbout024 Covenants - (2015-07-08) 4th AmendmentPlease returnto: . SecurityTitleCompany 600 South Wth 2516922 MD mgn 7 8894 Pase.1of4 07/091201511:49:23AM Fee:$29.00 -"9 '"' E -CharlotteMills- GallatinCounty,MT MISC Norton Properties 63026 NE Lower Meadow Drive,Suite200 Bend, Oregon 97701 Accomodation Recording OnlySTC# FOURTH DECLARATION OF ANNEXATION TO AMENDED AND RESTATED DECLARATION OF PROTECTIVE COVENANTS, CONDITIONS AND RESTRICTIONS FOR NORTON RANCH THIS THIRD DECLARATION OF ANNEXATION TO AMENDED AND RESTATED DECLARATION OF PROTECTIVE COVENANTS, CONDITIONS AND RESTRICTIONS FOR NORTON RANCH (this"Declaration ofAnnexation") ismade effectiveasofthedateof itsrecordingintheOfficialRecords forGallatinCounty, Montana, by NORTON PROPERTIES LLC, an Oregon limitedliabilitycompany, and NORTON RANCH HOMES, LLC, an Oregon limitedliabilitycompany (individuallyand collectively,the "Declarant"). RECITALS: A. Declarantcreateda residentialsubdivisionknown asNorton Ranch (the "Subdivision") by recording(i)thatcertainAmended and RestatedDeclarationofProtective Covenants, Conditions and RestrictionsforNorton Ranch on October 14,2011, as Document Number 2399078 intheOfficialRecords ofGallatinCounty, Montana (the"Declaration");and (ii)thatcertainplatofNorton EastRanch SubdivisionPhase 1 o n February 16,2011, as Document Number 2382592 intheOfficialRecords ofGallatinCounty, Montana. B. Declarantexpanded the Subdivisionby annexing additionalpropertyintothe Subdivisionby recording(i)thatcertainFirstDeclarationofAnnexation toAmended and RestatedDeclarationofProtectiveCovenants, Conditionsand RestrictionsforNorton Ranch recordedon June 27,2013, asDocument No. 2453826 intheOfficialRecords ofGallatin County, Montana; (ii)thatcertainSecond DeclarationofAnnexation to Amended and Restated DeclarationofProtectiveCovenants, Conditions and RestrictionsforNorton Ranch recordedon (11q p-- 7p19 ,as Document No. 19201 to inthe OfficialRecords ofGallatin County, Montana; and (iii)thatcertainThird DeclarationofAnnexation to Amended and RestatedDeclarationofProtectiveCovenants, Conditions and RestrictionsforNorton Ranch recordedon 2 1,2olf ,asDocument No. 15\ f-e323 intheOfficial Records ofGallatinCounty, Montana. 1 - Fourth DeclarationofAnnexation PDX\l26066\190611\RSB\l4641609.2 03/03/23 22203 Norton East Ranch Ph. 5B FP C. Declarantisthe currentowner ofthe followingdescribedrealproperty (collectively,the "Additional Property"): Lot 1,Block 1;Lots 1and 2,Block 2;and Lot 1,Block 3,asshown on theplatofNorton EastRanch SubdivisionPhase 1,recordedon February 16,2011, as Document Number 2382592 intheOfficialRecords ofGallatinCounty, Montana. D. Declarantdesiresto annex the AdditionalPropertyintothe Subdivisionpursuant toitsreservedrightsunder Section13.1oftheDeclaration,on terms and conditionsmore particularlysetforthherein. NOW, THEREFORE, Declaranthereby declaresthe followingpursuanttoitsreserved rightsunder Section13.1oftheDeclaration: 1. Annexation. 1.1 The AdditionalPropertyishereby annexed intothe Subdivisionand shall be held,conveyed,hypothecated,encumbered, used,occupied and improved subjecttotheterms oftheDeclarationand thisDeclarationofAnnexation. The AdditionalPropertyshallbe consideredpartofthe "Property"undertheDeclaration. 1.2 Each Lot comprising the AdditionalPropertyshallbe consideredaFuture Development Lot. 2. Assessments.IntheeventthatattachedorstackedmultifamilyUnitsare constructedon aFuture Development Lot,theBase Assessment, Reserve Account Assessment or SpecialAssessment (exceptSpecialAssessments allocatedinthesame manner as Specific Assessments) leviedagainstthatFuture Development Lotwillbe calculatedasfollows:Fifty percent(50%) ofthe Base Assessment, Reserve Account Assessment or SpecialAssessment (exceptSpecialAssessments allocatedinthesame manner as SpecificAssessments) levied againstaLot with a singleUnit,timesthenumber ofUnitson thatFuture Development Lot. 3. Maintenance. By way ofclarification,the maintenance obligationsofeach Owner ofaFuture Development Lotunder Section6.2ofthe Declarationincludes,withoutlimitation, responsibilityformaintaining,repairingand replacingallbuildings,parking areas,driveaisles, driveways,sidewalks,stairs,stoops,landings,lightfixtures,play structuresand other improvements; maintaining(includingwatering)allgrass,treesand landscaping;and removing snow and icefrom allsidewalks (on or adjacenttotheFuture Development Lot),stairs,stoops, landings,parking areas,driveaislesand driveways. 4. Restrictionson Patiosand Balconies.Balconiesand patiosmust be kept inaclean and orderlymanner, freefrom trash,debris,clutterand otheritemsthat,intheopinion ofthe Association,detractfrom thegeneralappearance ofthebuildingand Subdivision.Balconiesand patiosmay notbeused forstorage(including,but notlimitedto,thestorageofbicyclesor boxes) orforhanging clothes.No signsor billboardsmay be displayedfrom balconiesor patios.No grilling,cooking or any open flameispermittedon balconiesorpatios. 2 - FourthDeclarationofAnnexation PDX\l26066\l90611\RSB\14641609.2 5. Miscellaneous.Intheevent ofaconflictbetween thetermsoftheDeclarationand thetermsofthisDeclarationofAnnexation, thetermsofthisDeclarationAnnexation shall prevailwith respecttothe AdditionalProperty. IN WITNESS WHEREOF, Declaranthasexecuted and deliveredthisDeclarationof Annexation asofthe 7th day of July_, 2015. DECLARANT: NORTON PO RTIES LLC, an Oregon i d LiabilityCompany Title- ACKNOWLEDGMENT STATE OF OREGON ) )ss. County ofDeschutes ) The fore o' instrumentwas acknowledged before me this 7th day of July 2015, by Kevin Spencer,the Manager ofNORTON PROPERTIES LLC, an Oregon limited liabilitycompany, on behalfofthecompany. OFFICIALsTAMP Melissa L.Davis MELISSALDAVIS Notary Publicinand fortheStateofOregonNOTARYPUBLIC-0REGON COMMISSIONNO.935302 My Commission expires:_1/19/2019 MrCOMMISS1011EXPIRES MNUARY19,2019 [Signaturescontinueon the followingpage] 3 - Fourth DeclarationofAnnexation PDX\126066\l90611\RSB\l4641609.2 NORTON RA HOMES, LLC, an Orego 'e LiabilityCompany By: 7 / Name Title ACKNOWLEDGMENT STATE OF OREGON ) )ss. County ofDeschutes ) The foregoinginstrumentwas acknowledged beforeme this 7th day of July , 2015,by Kevin Spencer,the Manager ofNORTON RANCHILC, an Oregon limitedliability company, on behalfofthe company. *HOMES, Melissa L.Davis a @ Notary Public inand forthe StateofOregon NOTARYPUBLIC-0REGON My Commission expires: 4+19/2019 COMMISSIONNO.935302MFCOMMISS10NSPIRESJANUARYS9.2019 4 - FourthDeclarationofAnnexation PDX\126066\l90611\RSB\14641609.2