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ABOVE SPACE I~)R RECORDER'S USE
<br />
<br />DECLARATION OF COVENANTS, CONDITIONS
<br />AND RESTRICTIONS FOR MAPLE SltADE
<br />
<br /> THIS DECLARATION OF COVENANTS, CoNDmONS, AND RESTRICTIONS FOR
<br />MAPLE SHADE, made by HALLIGANZrERRELL VENTURE I, LLC, a Georgia limited liability
<br />company, (hereinafter referred to as the "Declarant").
<br />
<br />WITNESSETH:
<br />
<br /> WHEREAS, Declarant is the owner of certain real property located in Fayette County,
<br />Georgia, which is more particularly described in Exhibit A attached hereto and incorporated
<br />herein by this reference, (hereinafter referred to as the "Property").
<br />
<br /> WHEREAS, Declarant deems it desirable to create the Maple Shade Community
<br />Assodation Inc., a Georgia non-profit corporation (as hereinafter defined) to own, maintain
<br />and administer the Common Area and perfomi other activities related to the Property (as
<br />hereinafter defined) in accordance with the Covenants and Restrictions as hereinafter provided
<br />and to insure the enjoyment of such Common Area and the Property by its residents; and
<br />
<br /> WHEREAS, Declarant intends that every Owner (as hereinafter defined) of a Lot (as
<br />hereinafter defined) which is made subject to this Declaration does automatically and by
<br />reason of such ownership, and by reason of this Declaration, become a member of the Maple
<br />Shade Community Association and subject to its valid rules and regulations and subject to the
<br />assessments by the Association pursuant hereto; and
<br />
<br /> WHEREAS, as hereinafter provided in this Declaration, Declarant has retained and
<br />reserved the right, privilege, and option to submit to the provisions of this Declaration at a later
<br />time and from time to time, as a part of the residential community described herein, all or any
<br />portion of the property described in Exhibit B, attached hereto and incorporated herein acquire
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