Conditions, Restrictions and Reservations
Page 3 of 20
consented in writing to adoption of the Amended and Restated Declaration; and,
NOW, THEREFORE, the Association hereby declares that the real property described in
and referred to in Article I hereof, is and shall be, held, transferred, sold, conveyed and occupied
subject to the covenants and obligations hereinafter set forth.
ARTICLE I
Property
l.
Premises Subject to Declarations:
The real property subject to this Amended and Restated Declaration is legally described
in Exhibit A and depicted in Exhibit B, which are attached hereto and made a part hereof, and
shall be known as and referred to as "Hobson Village."
2.
Additions to the Premises:
(a)
Notwithstanding anything contained to the contrary in the Declaration, the
Declarant, may, at its sole discretion, from time to time hereafter:
(l)
Add additional property of the "Proposed Development Area", and/or
(2)
Subject further portions of the "Proposed Development Area", including
any additions thereto, to this Declaration, whereupon the same shall become part of the
"Premises".
By these provisions, the Declarant is not obligated, in any manner, either to make
the "Proposed Development Area" or to make any other portions of the "Proposed Development
Area", either as originally constituted or as additions are made thereto, to be subject to this
Declaration.
(b)
Supplementary Declarations: Where Declarant elects, as above, to either