DECLAILATION OF COVENANTS AND RESTRICTIONS FOR
<br /> SOUTHEI~N SIIORE (PIIASE l/l) SUBDIVISION
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<br /> THIS DECLARATION is made as of the fl~'/~ day o~~ ~, 19 7~ by
<br />T~ EQUIT~LE LIFE ASSU~CE SOCIETY OF TI-~ UNITED STATES, a N~w York
<br />Corporation 0~ereinafi~r ~alled "Declarant"). c,
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<br /> WI'I~ESSETH:
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<br /> W~AS, Declarant owns certain lots and blocks of lots (heremaRer
<br />to in th~ aingu{ar aa a "Lot" '
<br /> and ~ the p ufa as "Lots") and surrounding properties ~ated
<br />Land Lots 124 and 133 of the 7th District of Fayette County, Georgia which~properF~is
<br />particularly shown on that certain plat of su~ey of Soutbecn Shore (Phase~lIl)
<br />recorded in Plat Book 24 at Pages 102 .and 103, Fayette County, .Georgia r~rds
<br />referred to as the "Propeay"); and ,
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<br /> WHEREAS, Declarant desires to establish certain covenants and restrictions pertaining to
<br />tile ownership, development, use and enjoyment of tile Property.
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<br /> NOW THEREFORE, For and during tile term hereof, as hereinafter stated, be it hereby
<br />declared that the Property is subjected to the covenants, conditions and restrictions as follows:
<br />
<br /> 1. RESIDENTIAL PURPOSE. Without specific written approval from Declarant no
<br />portion of the Property shall be used except for residential purposes; provided, however, that a
<br />commercial builder may use a residential dwelling constructed by it on a Lot for a sales office so
<br />long as it is actively offering for sale houses that it constructed on the Property.
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<br /> 2. ARCHITECTURAL GUIDELINES. ANY STRUCTURE OR IMPROVEMENT
<br />CONSTRUCTED ON ANY LOT, WI-tETHER TEMPORARY OR PERMANENT IN
<br />NATURE, SHALL BE DESIGNED AND BUILT IN ACCOPd)ANCE WITH THE
<br />ARCtlITECTURAL GUIDELINES ADOPTED BY THE AI/,CHITECTURAL REVIEW
<br />BOARD.
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<br /> 3. ARCHITECTURAL STANDARDS. No exterior construction, alteration, addition,
<br />or erection of any imiarove,nents of any nature whatsoever, including, without limitation, a change
<br />itl the color of any improvement, shall be commenced or placed upon any Lot, except such as is
<br />installed by tile Declarant, or as is approved in accordance with this Section, or as is otherwise
<br />expressly permitted herein. No exterior construction, addition, erection, or alteration shall be
<br />made unless and until such plans and specifications showing at least the nature, kind, shape,
<br />height, materials, and location shall have been submitted in writing to and approved by all
<br />Architectural Review Board established by the Declarant. The Declarant may employ for the
<br />Architectural Review Board architects, engineers, or other persons necessary to enable tile
<br />Architectural Review Board to perforn! its review. The Architectural Review Board ,nay, fro,n
<br />ti,ne to time, delegate any of its rights or responsibilities hereu,~der to one or more duly licensed
<br />architects or other qualified persons, which shall have Full authority to act on behalf of the
<br />Architectural Review Board for all matters delegated. The Architectural Review Board shall
<br />adopt tho design and development guidelines and tile application and review procedures set £orth
<br />in the Architectural Guidelines. Copies of the guidelines shall be available flora the Architectural
<br />Review Board for review. 'Tile Architectural Review Boa. rd shall have sole and full authority to
<br />prepare and to amend the Architectural Guidelines. It shall make tile Architectural Guidelines
<br />available to owners, builders, and developers who seek to engage in development of or
<br />construction upon all or any portion of tile Property and such owners, builders and developers
<br />shall conduct their operations strictly itl accordance therewith.
<br />
<br /> Tile Declarant shall have tile right to appoint ali members of tile A~chitectural
<br />Review Board. There shall be no surrender of this right except in a written instrument in
<br />recordable lorn! executed by Declarant and recorded itl tile Land Records of' tile Clerk of tile
<br />Superior Court of Fayette County, Georgia. Upon the surrender of' such right, each year the
<br />resident owners of ali the Lots comprising time Property shall by majority vote appoint for a one
<br />year term three (3) resident owners to serve as the members of the Architectural Review Board.
<br />Tile Declarant hereby appoints Peachtree City Develop,riehl Corp. as tile sole member of tile
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<br />AA933280.063
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