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DECLARATION OF COVENANTS ~ RESTRICTIONS <br /> <br /> FOR <br /> <br /> SOUTHERN TI~ACE SUBDIVISION <br /> <br /> This Declaration of Protective Covenants and Restrictions <br />for Southern Trace Subdivision is made this 14th day of June, <br />1988, by Richard W. Bearden, dba Regency Homes ("Declarant"). <br /> <br /> WHEREAS, the Declarant desires to establish certain <br />covenants and restrictions pertaining to the' ownership, develop- <br />ment and use of certain lots owned by Declarant located in Land <br />Lot 93 of the ?th District of Fayette County, Georgia., which <br />property is more particularly described on that certain plat of <br />survey of Southern Trace subdivision by J. R. Wood dated December <br />10, 1987, recorded in Plat Book 18, pages 161 and 162, Fayette <br />County Records. <br /> <br />SECTION 1. DECLARATION <br /> <br /> For and in consideration 'of the benefits to be derived by <br />Declarant and each and every subsequent owner-of a Lot (a <br />"Property Owner") Declarant does hereby establish~ promulgate and <br />declare the following covenants and restrictions to govern the <br />ownership, development and use of the Property and every Lot com- <br />prised thereof and the owners~ip, design, construction, use and <br />maintenance of the improvements to be constructed thereon. These <br />covenants and restrictions (the "Covenants") shall become effec- <br />tive immediately, shall run with the land and shall be binding on <br />the Property for a period of twenty (20) years from the date <br /> <br /> <br />