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FILC'"..,~ ~, RECORDED
<br />FAYETTE COUNTY. G~,.
<br />
<br />'93 JUL 9 PR 2 18
<br />
<br /> W.A. B~LLAR0
<br /> DECLARP~LI~(~$~%~~TCONDITIONS RESTRICTIONS AND EASEMENTS
<br />
<br /> THIS DECLARATION. made this 23rd day of February 1993, by Hayes
<br />OeveLopment, Corp a GeoYgia corporation (hereinafter O_v,lo~er ):
<br />
<br />W I T N E S S E T H:
<br />
<br /> WHEREAS, Oeve[omer is the owner of certain real property lying in
<br />_and Lots 131 and 158 in the 7th district and being in the City of
<br />:Dcht~-ee City, rayette County, Georgia, which rea~ property is more
<br />'.:~.-~icular~y described as "Preston Chase Subdivision ": and
<br />
<br /> WHEREAS. Develooer desires to provide for the preservation and
<br />: nanc'ement ct the property 'values in Preston Chase Subdivision and for the
<br />' .~ntenance of the property and improvements thereon, and to th~s end desires
<br />.o sub~ect the rapt property described as "Preston Chase" to the covenants,
<br />:ondit~ons, restrictions, easements, charges and liens hereinafter set forth,
<br />~ach and all of which is and are for the benefit of said property and each
<br />)whet %hereof: and
<br />
<br /> NOW THEREFORE. Developer declares that the real property described in
<br />:xhiblt "A" is and snail be held, transferred, sold, mortgaged, conveyed,
<br />Leased oc:cupied and use subject to the covenants, conditions, restrictions,
<br />~asements, charges and Liens hereinafter set forth.
<br />
<br />ARTICLE I DEFINITIONS
<br />
<br /> Section 1. "8}iG.h~..%.~.~.~g. EA.! ...~.O.D.t.TQ~~. C.9.~..~t~e" shall mean and refer
<br />4AY_S DEVELOPMENT CORP. or such other individual (.s) or entity ties) as
<br />',.eveLooer may apooLnt, until all lots ~n Preston Chase shall have been fully
<br />!e',,,eioped and permanent improvements constructed thereon and sold to permanent
<br />residents.
<br />
<br /> Section 2 .-~.~:larati.oB. shall mean the covenants., conditions
<br /> e.strict/ons .and easements and all other provisions herein set forth in this
<br />~nti'r-e document, as may From time to time be amended.
<br />
<br /> Section 3. "~.~.V~.~.9.R~.r." shall mean and refer to HAYES DEVELOPMENT
<br />iORP., a Georgia corporation, or apy successor in title or any successor in
<br />:nterest to HAYES DEVELOPMENT CORP. to all or any portion of the Property then
<br />subject to this Declaration. provided that in the instrument of conveyance to
<br />~ny such successor in title or interest, such successor in title is expressly
<br />designated as the "Developer" hereunder by the grantor of such conveyance.
<br />~nlch grantor' shall be the Developer hereunder at the time of such conveyance.
<br />
<br /> Section 4. "LO~" shall mean and refer to all lots as shown upon
<br />the Plat.
<br />
<br /> Section 5. "~W.D~.E." shal! mean and refer to the record owner,
<br />~hether one or more persons, of the fee simple title to any lot which is a
<br />~art of the Property, but excluding those having such interest merely as
<br />security for the performance of an obligation.
<br />
<br />c¢..-~{,~q ~, "o¢~,~r,n" ~.hat t *~n ~nd r~fer to ¢ natural oerson,
<br />
<br />
<br />
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