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Declaration of Covenants and Restrictions for
<br /> Bridgewater Subdivision
<br />
<br /> THIS DECLARATION is made as of the /~day of
<br />1991 by THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED
<br />STATES, a New York Corporation (hereinafter called "Declarant").
<br />
<br />WITNESSETH:
<br />
<br /> WHEREAS, Declarant owns certain lots and blocks of lots
<br />(hereinafter collectively referred to in the singular as a
<br />"Lot" and in the plural as "Lots") and surrounding properties
<br />located in Land Lots 132, 133 and 157 of the 7th District of
<br />Fayette County, Georgia which property is more particularly
<br />shown on that certain plat of survey of Bridgewater
<br />Subdivision, recorded in Plat Book 22 at Pages 82 and 83,
<br />Fayette County, Georgia records (hereinafter referred to as the
<br />"Property"); and
<br />
<br /> WHEREAS, Declarant desires to establish certain covenants
<br />and restrictions pertaining to the ownership, development, use
<br />and enjoyment of the Property.
<br />
<br /> NOW THEREFORE, for and during the term hereof, as
<br />hereinafter stated, be it hereby declared that the Property is
<br />subjected to the covenants, conditions and restrictions as
<br />follows:
<br />
<br /> 1. Residential Purpose. Without specific written
<br />approval from Declarant no portion of the Property shall be
<br />used except for residential purposes; provided, however, that a
<br />commercial builder may use a residential dwelling constructed
<br />by it on a Lot for a sales office so long as it is actively
<br />offering for sale houses that it constructed on the Property.
<br />
<br /> 2. ANY STRUCTURE OR IMPROVEMENT CONSTRUCTED ON ANY LOT,
<br />WHETHER TEMPORARY OR PERMANENT IN NATURE, SHALL BE DESIGNED AND
<br />BUILT IN ACCORDANCE WITH THE ARCHITECTURAL GUIDELINES ADOPTED
<br />BY THE ARCHITECTURAL REVIEW BOARD.
<br />
<br /> 3. Architectural Standards. No exterior construction,
<br />alteration, addition, or erection of any improvements of any
<br />nature whatsoever, including, without limitation, a change in
<br />the color of any improvement, shall be commenced or placed upon
<br />any Lot, except such as is installed by the Declarant, or as is
<br />approved in accordance with this Section, or as is otherwise
<br />expressly permitted herein. No exterior ~ construction,
<br />addition, erection, or alteration shall be made unless and
<br />until such plans and specifications showing at least the
<br />nature, kind, shape, height, materials, and location shall have
<br />been submitted in writing to and approved by an Architectural
<br />Review Board established by the Declarant. The Declarant may
<br />employ for the Architectural Review Board architects,
<br />engineers, or other persons necessary to enable the
<br />Architectural Review Board to perform its review. The
<br />Architectural Review Board may, from time to time, delegate any
<br />of its rights or responsibilities hereunder to one or more duly
<br />license~ architects or other qualified persons, which shall
<br />have full authority to act on behalf of the Architectural
<br />Review Board for all matters delegated. The Architectural
<br />Review Board shall adopt the design and development guidelines
<br />and the application and review procedures set forth in the
<br />Architectural Guidelines. Copies of the guidelines shall be
<br />available from the Architectural Review Board for review. The
<br />Architectural Review Board shall have.sole and full authority
<br />to prepare and to amend the Architectural Guidelines. It shall
<br />make the Architectural Guidelines available to owners,
<br />builders, and developers who seek to engage in development of
<br />
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