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HomeMy WebLinkAboutCrescent Pointe Protective CovenantsCRESCENT POINTE PROTECTIVE COVENANTS THE STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS THAT: COUNTY OF BRAZOS These CRESCENT POINTE Protective Covenants are entered into by CRESCENT POINTE, LTD., a Texas limited partnership. RECITALS WHEREAS, CRESCENT POINTE, Ltd., a Texas limited partnership, hereinafter referred to as "CRESCENT POINTE" has acquired a 137.14 acre tract of land located in College Station, Brazos County, Texas (the "Property"); and WHEREAS, CRESCENT POINTE intends to develop the Property as a first class, multi- use commercial development; and WHEREAS, CRESCENT POINTE desires to establish standards for construction and development to ensure a consistency in quality of construction and development in accord with that of a first-class, multi -use commercial development; NOW, THEREFORE, for and in consideration of the mutual benefit and detriments CRESCENT POINTE hereby adopts and subjects the Property described on Exhibit "A" attached hereto to these Protective Covenants. 1. Definitions: The term "Administrator" shall mean CRESCENT POINTE HOLDINGS, INC., or such other person, persons or entity (including but not limited to the Association described in Section 14 below) to whom CRESCENT POINTE HOLDINGS, INC. or its assignee has assigned the powers and duties of Administrator hereunder, from time to time, by written instrument filed for record in the Office of the County Clerk of Brazos County, Texas. The term "building site" shall mean a portion of the Property used or intended to be used as a single lot or parcel. The owner of any portion of the Property may divide such portion of the Property by subdivision, metes and bounds conveyance or filing of record in the Real Property Records of Brazos County, Texas, a designation of separate building sites in which event each portion thereof shall constitute a building site. Further, any owner of two or more contiguous building sites which share a common boundary may aggregate such building sites into a single building site by filing of record in the Real Property Records of Brazos County, Texas a designation of such contiguous building sites as a single building site hereunder. For purposes hereof, no public right-of-way shall be considered to be (or be part of) a building site. z (q) zo `suoiluogpodS pun suuld agldo Iunozddn agl (u) jo `uoissluzgns 3o ouzel aqi lu fired qons Xq pogloods ssoippn ue In `aums all 2uliitwgns li Bcl agl 2ulilj,�A ul osupu `suotlnogloadS pun sueld agl jo uocssiwgns goua jo idlooaz oql zagn s6np 0£ wglim `Iings `zoluilsunuzpy oql sluuuanoO anliotzisag asag1 JO suotsinoid agl of loaCgns uollazostp sit lu omp of omp mo.g ioluilsiuluipy oql fq paglpouz oq fum saulopm2 uogonzisuoo pun u2lsop gonS -,fliodozd oql jo sioumo Xq asn zoj s3u1apm2 uoponilmoo pun u2tsop alu2lnuioid X= joluzlstuluzpy aqL -las aialduuoo u su suotlnogloadS pun suuld Ile 2uiAoiddu pun 2ug1juzgns ungi joglui pololdmoo su panozddn puu pollnugns aq ,Gnus suotlnogpodS pun suuld -zoluilscu[uipV aqi fq 2uplim w panoiddu 1si3 uaaq anal Itngs (a2uu2ts pun 2ulduospuul 2ulpnloui) owes zoj suotlnogloadS pun sunld puu `u2tsap `uotiuool aqi Illun airs 2wpl!nq ,fun uodn paould zo pongr `poloxulsuoo oq IlnTis amionzis zagio zo u2ts `,iltltoud 2upjxLd `2ulptlnq oN „-suotlnogloadS pun suuld„ aqi se of pazza3ai ia{luulazaq axe suotieogpods pun suuld 2ulduospuul pun 2ulpllnq Bons IIV -zoinzisiwuzpy of paiinugns aq hugs (ioluiislutuzpy aqi Sq polsonbaz Xlluogtoads suotlnogloads jo could iogio bun zo suuld o2emusp put, `2ulgwntd `luouloolo ails 2ulpnlout `suuld satilllin olis pun `sunld uotin2lzn puu 2utduospuul `o2uu2ls `sueld 2ugg211 zolzalxo `sioloo puu slulzalncu 2uIPTlnq `suolinnala puu lnolul 2uiplmq `inoXq 2utNiud `suuld ales '-o-t) sluuuanoO anlioaloicl osogl gilm aounldmoo olugsuomop of,fzussaaau st lugm of poltuzll `suotluogloods puu sunld 5mduospuel puu 2utplmq 3o slas alalduzoo (t,) mo3 `acts 2uiplmq u uo amioxuls zallo .co filtton3 2utNzed `$ulpllnq ,cut, 3o uognzailt, zo `uotltppt, `uogoniisuoo of loud :palfn ag j9AOJddV uutd •£ -slunuanoO antloalozd osagl ipm aouuldwoodo aouaptna antsnlouoo oq IInTIs asn -u:Inoil-Md u jo ioluiisw!mpy ,fq Innozddu ualiuAl -zalousego io puq ,fun3o uopouzixo luiaului zo3 zo suogiuooip,il iaglo jo sn2 `po iod 2ullup zo3 (lit) io JN12pol lualamil iepuns io Ialoui `laloq u of ,fzulpoun pun ulgltm a2unol To zeq n do uoilnool all liglgold Iings utaiaq poutuiuoo 2utglou `zanamog `papinoid 'saiols o2u:loud pue sazols sonbtt `suianni `so2unol `sjuq `ol pollmil lou inq `2utpnlom `sa2nzanoq otlogoolu;o plus all uzo.g pound gluom anlaml ,fuu 2utmp onuanaz ssoz2 sit 3o a.zouz zo (%SL) luaond ang-,iguanas somiop luauulstlquiso gotgm `uotlduznsuoo sasuuaid-pro zo sasluzazd-uo iallta so; s32nz3naq otIogooln 3o alus Itula.i aqi ut pa2n2u3 ivaunlstlgnlso uu io3 (n) °(srxol `uoliniS o2alloO jo ,fiTO oql jo saout,uipio ut paugap su sJainall itnpn puu slasequo llnpu `sazolgoog llnpu `sopuozn ilnpn of poliunl iou inq `2ulpnlow) flipnu jo seazu tnoluzolnuu `satltngou lenxos of olnlaz .zo oglzosop `ioldop loll soouuuzzopod zo slnlzainuz uodn fp nunzd posuq ssouisnq n zo; (l) pasn oq zana Iings ales 2utplmq ou `zagimd -uotsoldxo zo a.n3 3o ia3uup omssooxa;o uosuoi Sq snop-tuzeq st gotgm io `uolinllod zo asiou `a)lows `lsnp `sauurg `iopo do suosnaz ,fg antsuadlo sl golgm zauunui a ut pasn oq Iings ales 2uippnq oN -siunuanoO anlioaloid asagi uc glzo3 gas suoillpuoo all jo Ile of loo[gns ag hugs sasn IIy 3oazag Z uoliooS -to suoisinoid aqi nano Ilunasd Ilugs olls Outpltnq ogpods u 3o asn poloplsaz gonS doazag Z uogoaS ut po2ljoginu sasn ogloods aqi -to aiow To auo of ails fm I!nq e jo asn aqi lolzlsaz siuuuanoO amlooloid osagl of loaCgns ,Clladoid 2ui,fanuoo uodn ouzel of oagl woz3 Iluls 'toazag OZ uogoaS of luunsmd sweuanoO amloolosd asap of loaCgns opuw fliuonbosqus oq ,fuuz ingl XC iadolddo siaumo iagio zo gLNIOd LNdOSMlD legl paludlogun sl it -zoiugsiulmpy agl Xq panoiddu dlssazdxo asn zaglo ,We pun `ivautdolanap puu qo-inasai `uollnqulstp `Iuuotlnipsut `soot,uas luolpow `ooTo Irulai `uognlTisM tuiouuug `luumulsai `2ui2pol luaimuil xellwis jo laloui `jolog `Intivaplsaz XIlLuu3-tilnw :(sasn qons of dzulltouu soolnzas puu sasn llu pun ,fuu puu) sasn 2ulmollo3 aqi jo aiow zo auo zo3 halos pasn aq IIugs zWodojl aqi utlltm sails 2utpl!nq oql II6 :pa;;tuuad sasn Z the segments or features of the Plans and Specifications which are deemed by the Administrator to be inconsistent or not in conformity with these Protective Covenants, the reasons for such opinion and suggestions for the curing of such objections. In the event the Administrator fails to advise the submitting party by written notice within the time set forth above of either the approval or disapproval of the Plans and Specifications, the approval of the Administrator shall be deemed to have been given. 4. Construction Standards: Construction, addition, or alteration of any building on a building site shall meet the standards set forth in these Protective Covenants. For the purposes of these Protective Covenants, when a construction material is specified herein, another material may be used in lieu thereof, provided such material is determined by the Administrator to be the equivalent o% or better than, said specified material. All buildings (including any parking garages, service buildings, or other structures) on any building site shall have exterior walls of face brick, stone, marble, anodized aluminum, or permanently finished (in a manner approved in writing by the Administrator in his discretion) concrete and/or glass or of an equivalent, permanent, architecturally -finished material to finished grade. All exterior finishes and colors shall be approved by the Administrator. No building shall be covered with sheet or corrugated aluminum, asbestos, iron or steel unless previously approved in writing by the Administrator. Sidewalks of design and in location approved by the Administrator must be constructed along the right -of -way of all dedicated streets or if required by the Administrator within the Landscaping and Public Access Easement adjacent to such right- of-way. 5. Building Setbacks: No building or other structure shall be erected (i) nearer than forty (40) feet to any dedicated public street (ii) nearer than fifteen (15) feet to any side property line not abutting a street right-of-way; or (iii) nearer than ten (10) feet to any rear property line not abutting a street right-of-way; provided, however, that the Administrator, in his sole discretion, may approve a reduction to twenty-five (25) feet of the setback for buildings. No building whose use is intended for bulk storage of materials, goods, inventories, or similar items shall be located nearer than thirty (30) feet to any side or rear property line. No garage structure shall be erected nearer than 60 feet to any dedicated public street without the written approval of the Administrator. Other structures shall not include paving, signage and/or related items. 6. Parking: Parking shall be provided, subject to the terms of these Protective Covenants, so as to at all times comply with the ordinances and regulations of the City of College Station, as the same may be amended from time to time. No use shall be made of any building site or any building constructed thereon which requires or is reasonably expected to require or attract parking in excess of the capacity of the facilities maintained therefor on said building site. Parking will not be permitted on any street or at any place other than the paved parking spaces provided in accordance with the foregoing, and each owner and lessee shall be responsible for compliance by their respective employees and visitors. All parking areas shall be screened from view from a public right-of-way with berms, hedges, or other landscaping, consistent with the use being made of the building site, in a manner approved in writing by the Administrator prior to construction or alteration of any building, parking facility or other 3 11 •laazls oilqnd 6ue;o laaj (09) ,ilxis uiglim pazols oq luauadmba io slrualutu Ws hugs eaouelsmuono ou zapun pre (fem;o-iglu oilgnd 2uiuiofpr ,Sue uaog pamsrauT se) ails 2uiplinq ,Sur igl 3o spz-oml real vp of palnmTl aq Ilegs o2ezols UV gg23aq ui Jaa3 (9) xas uegl ssal Juana ou ui lnq `(zoirzisiuivapy oTll jo luouz2pn f alos aqJ ui) pazols 2uiaq luouadmbo io sleualum oql uaazos of Juaiogjns lg2ia1[ u 3o aq llugs 2uivaazos oU •zolezlsiuiuTpy aql Xq 2uiltzm ui panozdde zauueuT u ui main uT 4 pauaazos aq llugs uoazaTll suaolt pue raze o2uzols oql `(Ianal punoz2 uzog pamain se) ails 2uiplinq luooefpe ur io Xem 3o-Jg2u oilqnd u uaog main oilqnd of pasodxo oq pinoo luau zauuuua a u< zo uado aql u< suzall Bons d=I zo azols of Xmss000u auaooaq Ilsgs iT3I •(Ianal punoz2 uzog pamain sr) ails 2uTpllnq Juooufpu ue zo 6em3o-lg2u oggnd e uaozl main zo main oilgnd of pasodxo zo uado aql ut suaall miq zo szaureluoo asrgaz `sTj a2ezols siolvioupul `luauadinba `sluualm `spool `salol:zm 3o 2uump io 2uidoa:l agi liuuad of ponzlsuoo aq iou hugs alas 2ulplinq zo 2uiplinq ,iue asn of oassol zo zaumo `aaluez2 `zasegomd r 3o ig2iz oq.L m� -01 •uoilazos<p sil ui aunJ of aural uzog zolrzisiuivapy alp , q pa3ipom aq 6uuT goigm `sauilapin2 2uidrospuel alalnumid Ilugs 3olelJsmrLupV oqs 'loIluoo algeuoseaz puodaq sasnuo zaglo zo suoIT!puoo zagJuam oszanpe Sq posneo s6ulap 3o Juana zT ui Tole4s!unupV agi iq popuoixo oq ,irmi pouad siU •alas But ITnq zo ft inq u 3o ,Sourdn000 agi 2uimoiio3 sAp (0£) Xlz miglim pallsismi aq lsnuz Tojezlsju!tupV agi Aq panozddu sueld oql giim aouepz000u ui 2uidrospue-T •2miduospuul poluuld ilmau Xue glim uoiloouuoo uT palleisui oq Ilegs aisop panozddu 3o uaals6s uoilr2un zalinzds y -scale 2unlzud fur jo so2pa aqJ le zo uagJim paleaol puslsi 2unlred zo ogezi Sur 3o 2uideospuul aunbaz litm zoluzlsiu!mpy aqs •podrospurl pue poluuld aq Iluls `sraze Nouglas 2uiplinq real pue apis `luog of pal!wq Jou ing 2uipnloui `coeds panedun `uado IIy •alls 2uiplinq e uo uoilonzismoo 3o luouzaouaunuoo of loud punozdde uailum zo; zolezlsiumapV oql of palllwgns aq Jsnui sueld lumlooligozu 2uiduospuel 3o slos alaldumo omL u—q e5s� •6 'zoiezisiurmpy oql Xq panozddu zauuumz a ui main oilgnd uao4 pauaazos �Iluoiojjgns ale goop 2uiprol alp legs soma ualop luouT2pnf gliu; pool alos sig ui zoirzisimiuTpy agi iegi papinozd g uoiloaS sigl3o suoisinozd agl jo uoiluogddu fouls aqJ of loodsoi glim oouuazen e lue12 of Jg2u oql anrq Ilegs zoiuzisiuiuzpy agi 12uio2azo; agi 2urpueisgWajoX •omlonzis zagJo zo X4tlior3 2uiNred °2uiplmq ,Sue 3o uoTiezaIle zo uoiJonzisuoo of loud zolezisiuivapV aql dg 2ugtzm ui panozddu zauuuuT a ui main oilqnd uaoz3 pauaazos aq lsnuz sloop 2mipuoI lIy ' iem3o-iglu zo iaazys u aoej iou op goigm 2uipl.nq edo sapis asogl uo lg2Tag IIr OTilpuei zo; opeuT aq Jsnuz uoisinozd •zoiezisiuiuTp-V aql Xq 2Tnitzm ui panozdde fIsnoinazd3T ,iem3o Jg2u zo halls olunizd e aou3 Xm sNoop 2uipeo•I •,ium;o-iglu zo halls oilgnd ,Sue aom3 of polliuuod oq iou li?m saloop 2uipeo•I :szlao� •g •2ugtzm ui anozddu iszg hugs `uoilazosip olquuosraz siq jo asiozaxa agi ui `zoJeaJsiuiuzpy agi goigm suoileool asogJ ie idaaxa punoz2zapmn palleisui ag pegs souq zeliuns zo olgeo `suoilroaammw000lol `uoiingj4sip oploala III :seulZ !IRR 'L -A"WJo Jg2p laazls oilqnd r 2uanofpe iou scud 6Jzadozd zeal zo apis jo laa3 (01) ual uiglam paleaol aq llugs 2uined zaago io `sSrmanup `2unlzud oM •6umgo-iglu laazis oilgnd e ftmofpr ouT Clzadoid ,Sue zo ouil dazadozd luozl imp Xuu jo Jaa; (gZ) ang-,SJuamJ uigJim aJis 2uipllnq u uo polrool zo poliimuad aq iou Ilim 2unlmd `zoiuzisiuiTupy aql Sg 2uilzzm ui panozddu asamzaglo ssalurl •analonzis Water towers, storage tanks, processing equipment, stand fans, skylights, cooling towers, heating equipment, air conditioning or ventilating equipment, telecommunications equipment, electric equipment and any other structures or equipment (including that which is located on the roof of any building or on the ground) shall be effectively shielded from view from a public right-of-way or an adjacent building site (as viewed from ground level) by an architecturally and aesthetically sound method which shall be approved in writing by the Administrator before construction or erection of said structures or equipment. Communication towers, whether freestanding or building mounted, must be approved by the Administrator prior to their construction and must be located in the rear one-third of any building site as measured from any adjoining public right-of-way. 11. Sims, Monuments and Flagpoles: All signs shall be in locations and of a design and material approved by the Administrator. No more than one (1) free standing ground or berm mounted permanent sign shall be permitted for each building site, unless a building site has frontage on two or more public streets, in which case no more than two (2) free standing ground or berm mounted permanent signs shall be permitted for such building site Unless otherwise approved in writing by the Administrator, all other signs must be attached to a building and shall be parallel to and contiguous with its wall and not project above its roof line. No sign of a flashing or moving character shall be installed and no sign shall be painted on a building wall. Directional and traffic control signs, and signs advertising the sale or lease of a building site are also permitted upon the written approval of the design and location by the Administrator. No other temporary signs are permitted without the previous written approval of the Administrator. In the event a building has multiple tenants, all tenants may be shown on one of the permitted signs, at the discretion of the owner of the building site. The Administrator shall have the right, and hereby reserves an easement, to enter upon any and all portions of the Property to remove any signs that are in violation of this Article 11 upon reasonable notice to the owner or lessee of such portion of the Property, all at the expense of such owner or lessee. The Administrator shall promulgate sign guidelines (which shall include guidelines for pylon signs, monuments and flagpoles) which may be modified by the Administrator from time to time in his discretion. 12. Illumination: All buildings shall have exterior illumination facilities for their front and side walls of a power and design to be approved by the Administrator prior to commencement of construction, and, upon completion of said building, said illumination facilities shall remain in full operation until twelve (12) midnight each night (subject to compliance with applicable governmental requirements). 13. Maintenance: The owner and lessee of any building site shall have the duty of and responsibility for keeping the premises, buildings, improvements, appurtenances and landscaping in a well maintained, safe, clean and attractive condition at all times and in compliance with these Protective Covenants. In addition, the owner or lessee of any building site shall be responsible for: (i) all maintenance of any property lying between the paved portion of any adjoining public street and the building site, and (ii) until the Association is formed pursuant to Section 14 below, all maintenance and replacement of any landscaping lying within any esplanade in any public street immediately adjoining such building site (within the area of the esplanade that actually fronts the building site). If, in the opinion of the Administrator any such owner or lessee is failing in this duty and responsibility, then the Administrator may give such 5 0 3o Iuamoozg3uo :suoiloulsaz 3tupIzud 3o luoutaozojua `.saznsuoui Sltznoos pun Xjzjus jo uoisinozd :spazu podpospupl zo polutld 3o ooupualuiew pup dooNdn Iuzauo3 pup iza3zns aazl `3utmotu `uotiOl t zo 3utzalum `3uudeosputl `3unlutld :uotlazosip alquuoseaz sil uu altudozddt uzaap Slow uollploossV oql se sosodznd 3utmollo3 agl3o atom zo ouo zoj pasn oq hugs uoileioossV oql Sq paloalloa sluautssassu fuv sjuuuanoD antloolozd asagl of luunsznd pouitlulm 3u iduospuul stq goigm laazls paluoipop XIoilgnd u uo a3uluoz33o Iaaj luom ogl3o stseq ail; uo aq hugs Iuotussossu Bans 3o (Z/I) 31pg-ouo (it) pup ails 3uTplinq fuu uiglim a3ulood aztnbs ssoz3 oqI jo sisuq aqI uo aq Bugs luautssassu gons3o (Z/1)3iuq-ouo (i) :sispq 3ulmollo3 oql uo salts 3uiplinq ogldo tiu Isuit3t sisuq utzojlun u uo patnal aq hugs Iuauzssossu Xuy •(molaq papinozd st) uoileioossy aqI jo szaqutaut 3o fluoftlnl pazinbag aqI 3o alon g uodn slueuanoD antloalozd asogl do sosodznd agl alunloaga of fzess000u smoop It goigm slunoum ui Sltadozd aqI utglTm puel Isutu3u sluomssassp Snal of zamod oql anpq iIssazdxo hugs uoileioossy aqZ •zaquzaut goto Xq paumo Slzadozd oql jo Ino o&onp 3o sisuq oql uo pouluiiopp ag hugs uoiltioossy ogl;o szaqutaut zo3 slg3u 3uiloA •uotlptoossy ogl;o smuISU put uotipzodzoou13o solaipV agl ui gltg3 las axe sp slg3iz gons grim uoilgloossV ogl•lo zaqutaut t oq hugs ails 3uipllnq t;o zaunno gotg -oils 3utplinq ,Sup 3uuuuofpu zo ilzadozd agl jo sautpunoq aqI uiglim laazls oggnd AM ui opmeldso Xup uiglim 3ui/I 3tuduospuul We ooeldaz pup uteluiuut of uoilu3ilgo agl anpq Slssazdxo hugs `uotleuuo3 sit uodn totluioossy aqj -sluguanoD aniloalozd asogl 3ulzalsiuiutpe put 3uiozg3ua•lo osodznd olos agl zo3 („uollpioossy„ agl) uoiluloossp ,snumo up `uogezodzoo lgozd-uou t se `tuzo3 of lg3iz Ilpgs iojpzlsjujuipv OILL ma►Z put sluamssassv uoi;u►aossv ,s.Iaumo 'tit -uoiltuuo3 sil of luanbosgns (tl gdmOtzed ut paugap) uotluioossy oql apnlout hugs zoluzlstututpy agI of £l gdtz3tztd sigl uu saouaza3az IIF� •sluguanoD om oalozd osagl3o saual aql Xq pallttuzad Iou sum iiluo gans (ii) zo li Sq pauuo3zad �Izom fuu glim uoiloauuoo to ,illua3413au polou suq zolezlsiunupV oql (I) 3I ,Siuo lnq ails 3uipltnq ,fup oluo Xiluo siq Xq ails 3uiplinq ,Sug of posnuo sa3eutup Ipnlou ,fut zol acquit oq Iitgs zoltzlsiututpy agZ •3ungueug zallas opg uuoq 3utluosazdaz zo suotinigsui Iuiaueug Xind pztgl 3o zonu3 ui suaq pup Isnzl 3o spaap Souow asegoznd uatl Isng Ilt pup Sue `Iuaumoop zaglouu 3o �4!ss3ozu aqI Inogltm pup ,Slleoilutuolnt `ol zoizadui pup alpulpzogns oq Iltgs pup `ol 6luo Ioafgns si Xgazag paltazo pup panzasaz uoil aqs •Slzado d s,aassal zo s,zaumo gans Wu lsuieOu uatl u oq Bugs pup `zoltzlsnnutpy oqI of olgtXud `(Tuogl 3o gloq zo) aassal zo zaumo gons 3o lgop p oq hugs isoo gans uagl `zoltzlsiunupy oql Sq zojazagl paiiiq 3uiaq zagp sSep (0£) Xuigl uiglinn zoltzls!ujwpy aql osznquulaz os of IIt3 Ilpgs aassal zo zaumo gans 31 -zo33zagl zolpzlsiuiutpV oql osznqutiaz �Ildmozd Iltgs pup Azom gans 6uu do sisoo algtuostaz IIu zo3 olquii oq hugs zolezlsjuimpy all Xq pauuo3zad si )Izom gons goigm uo ails 3utplinq ogl3o (utag13o gloq zo) aassal zo zaumo oqj •siuuuanoo aniloolozd asagl jo sasodznd aql alenloaga of kmss000u flgeuosuaz swoop zolezisiuiutpy oql legl Azom gans uzzg3z3d of ails 3utpltnq iuu 3o suoilzod Ilp pup Xup uodn zalua of `Iuauzasea up sanzasaz ,Sgazaq pup `(uoilt311go oql lou Inq) lg3u oql anuq Ilpgs zolpzlsiuiuzpy oqI `gltmazagl uoiloauuoo ul -siutuanoD anlloalozd osogl glim ommidutoo olui ails BIUTpjInq oql 3uizq of zo `aaueualtnuut pug azeo gans uuo3zad of (uotlt3ilgo oql lou Inq) zamod pug Ig31i oqI aneq hugs zoluzlsiuiuzpy oqI uagl `ooilou gans zagu Xliiigisuodsaz pup Xlnp sigl IIT3I113 of tiu3 aassal zo zaumo gans Niue pinogS •slueuanoo antloalozd asogl grim aouugdwoo oluu 3uduosputl zo/puu 6lzadozd agl 3ulzq zo `ugilrpuoo antlotzllu pup uualo `ops t of ails 3uiplinq s,aassol zo s,zaumo pits azolsaz of pazinbaz aoueualulput pup azeo agl o4elzapun `(zageazagl s,iep o£ upgl azout Iuana ou ut Inq slupuanog anilaalozd asog13o gotazq pa3allu agl;o aznitu agl;o stsuq oql uo poumuolop) oogou gans zagu poizad olquuospaz u uigllm `Isnw aassal zo zaumo gans pup `loe3 gans3o aailou `gloq zo `aassal zo zaumo these Protective Covenants; maintenance of medians, esplanades, sidewalks and easement areas in or adjacent to the Property and property owned by the Association; reimbursement of reasonable costs and expenses of the Association in connection with its operation and management and administration of these Protective Covenants (including but not limited to charges related to engagement of third parry architects, engineers, attorneys, accountants and other consultants in connection with administration of these Protective covenants) and such other non -capital items of expense as may be deemed by the Association, in its discretion and good faith, to be necessary or desirable for the carrying out of these provisions and for the general benefit of members of the Association. In no event shall the Association use any assessments for the initial landscaping of any areas within the Property or for any other capital expenditure with an aggregate cost of more than $25,000.00 without a vote of the Required Majority of members of the Association. To secure the payment of any assessments levied by the Association and any other sums due hereunder (including, without limitation, interest, late fees or delinquency charges), a lien is hereby reserved and created in favor of the Association against any building site. The lien reserved and created hereby is subject only to, and shall be subordinate and inferior to, automatically and without the necessity of another document, any and all first lien purchase money deeds of trust and liens in favor of third party financial institutions or representing bona fide seller financing. By accepting a deed to a building site, each owner of such building site expressly grants to the Association a lien and power of sale to enforce such lien by foreclosure sale. The Association may institute a suit or proceeding at law or in equity or take any lawful action to enforce collection of any defaulted assessments, including, but not limited to, an action to foreclose the lien reserved and created herein securing any assessments. Any foreclosure may be brought by the Association in the same manner as an action to foreclose the lien of a mortgage or deed of trust on real property in accordance with Chapter 51 of the Texas Property Code or any successor statute governing enforcement of consensual liens on real estate. Notwithstanding the foregoing, at such time as the CRESCENT POINTE HOLDINGS, Inc., its personal representatives, successors or heirs (or any entity or trust owned or controlled by any of the foregoing) no longer own at least twenty-five percent (25%) of the acreage of the Property, any one or more owners of building sites with an aggregate of at least fifty percent (50%) of the acreage of the Property may form or compel the formation of the Association for the purposes stated herein. Such owners shall thereupon send notice of the formation of the Association to all owners of record of building sites as shown by the Brazos County tax assessor's rolls and shall file such notice, signed by the requisite owners of building sites, in the Official Public Records of Real Property of Brazos County. At any time after the formation of the Association the Administrator may assign all or any part of the rights vested in the Administrator by these Protective Covenants, after which time, such rights as may be so assigned shall be fully vested only in the Association, and the Association will expressly be responsible for all duties given to the Administrator by the terms of such assignment. At such time as CRESCENT POINTE, Ltd., its personal representatives, successors or heirs (or any entity, foundation, or trust owned or controlled by any of the foregoing) no longer own at least one (1) acre of the Property, if the Association has been formed prior thereto, such assignment shall take place without the need for action by any party. All approvals and/or variances granted from time to time by the Administrator shall be binding upon the Association and all owners of the Property. 7 9 -spueuano0 anlpoapozd asag1 JO goeazq e zOd `3ailaz anlpounful op papuuug Tou Tnq i?uipnlouc `,Cpinbo zo mti Te saupomoi IIu oT pappuo oq Ilegs sTueu3no0 anpoapozd osogT oozojua oT polplpua salTzed IIV -,CTuadozd aqT 3o szaumo aznTn3 puu Tuosazd lie pure uolpuloossy aqT `zoTezpsTuluupy aqT ,Cq poozojuo aq ,Ceuu put `dpzadozd ogp3o szaumo aznpnj put puosazd flu jo Tgauoq aqT zo3 aze sTutuano0 OAIIOapozd asagL :Tu0uc3310;ua •81 -saunT zo auuT zapul ,Cut pt 3oazagp uolTeloln zo goea.Tq zelluuis ,Cuu zo uoiTtloln zo goeazq Bons do uoppodaz zo uopenuupuoo zo3 zanooaz zo psule&u3allaz uleTgo oT owus agT oozojuo oT polilluo ,rood due3o Tgfu aqT anlum zo a�turep `z[tdun llugs 3oazagT uolpuloln zo gouazq ,Cue oT se sTutuano0 anupoapozd asagT Su lozojua m aznlltj zo uu sXgop ox -papuez3 uaaq stq oouetren gons gonlm oT su ,CTzadozd agT;o uolTuod aqm T oT Toodsaz gTTapnlosqu oq llegs Tnq `spueuano0 anlToaTozd osogT3o ,Czeiogouoq zagTO ,Cut ,iq a2?uallego oT Toafgns oq Ilugs zoTtzpsluluupF7 aqT Xq papuez3 oouuuzun qons ou `zagpzn3 -ooutTsu mono zo Tuouudolanap `Toofozd zagTo ,Cue OT st `aoueuzen e op ,Cured zagTo ,Cure oplpua OT se os ponzTsuoo oq zo `uOTToupsaz zO uOTTTpuOo `Tuuuanoo qons do zanuem u aq op panzTsuoo oq llegs uopoupsaz zo uoTlIpuoo TueuaAoo Xuu 3o ,CTglgeolldde aqT op s-e aouelzen gons ON -sTuuuano0 anlpoapozd asagT jo Tu;)IM zo osodznd aqT zo fjzadozd aqT Toad;e ,Claszanpe flltpQTeuz Tou Illm aouelztn e jO OuuTuuz$ aqT (II) puu `Ieopouzduzu zo Tlnog;lp ails 3ucplunq t3o Tuouidolanap a)ltuz pinom zo ails iiuTpllnq t JO zaumO aqT oT su dugspzeq u oTuazo pinom joazaq suolslnozd aqT 3o fuu 3o ipillgeouiddt Toups (T) TugT souluuaTop `Tuauu2pnC gTlt3 poo3 olos slq un `zoTuzpstunupV aqT 31 ails Bulplmq C" oT su sTueuano0 anuTooTozd asagT M poulupuoo suolslnozd ogT;o Suu jo uolTeoulddt pouTs aqT op poodsaz gpum soouepun Tue-d3 oT Tg0lz all aneq lltgs zopu.TjS!Mmpy aqT sTueuano0 anlToaTOzd asagT uI papinozd ,Slssazdxo st Tdooxg :saauuuuA aan►eV -LT -Toaga put agzoj lln3 Tn uleuuaz llugs suolplpuoo put suotpoupsaz `sTueuanoO zagpo golgm;o lie `suoiTTpuoo zo suolpouTsaz `spueuanoo qons 3o szagpo jo Xj!pgen aqT Toaju Tou lltgs suoTlIpuoo zo suoupoppsaz spueuanoo Sulo2azoj aulp 3o azouT zo auo Cut jo uo.Tuplltnui H►gezanaS -91 -Taazps ollgnd e se posn zo pazunbot oslmzagpo zo papuolpop `pappeld su Tugp Cpzadozd aqT 3o uoivod Cue zOTeunuouap aqT puu zopezauznu aqT umz3 fuupnloxo Xq pounzuapap oq Ilegs ,CTzadozd aqT jo a3tazau ogT3o (uopoez3 zo) afeTuoozad t op sTueuano0 OAIToapozd asagT uu saouaza;ag -asaap os lltgs zOTezpsluluupy aqp pue ,Cpzadozd aqp 3o szaumo jo XIIJOIelnl pozmbo-a aqp su $uoI se Tsuxa Bugs pg211 slgp pue uuazaq paulepuoo sTutuanoo puu suoiTlpuO `suolpoupsaz aqp puaure zo z311e aunT ,Cue Tt `zanamoq `Xeuz `sexDL `,CpunoO sozuzg 3o ,CTuadozd Ieag 3o spzooag ollgnd Iplo!go aqp ul popzooaz Put zoTezpsluluupy aqp puu uuogl fq poOpolmompe puu pouSis u011uzeloop uoujim Kq `,iTzadozd aqp 3o szaumo 3o Xjjio fi!W pozlnbag oqy -sexol `,ijunoO sozezg 3o fpodozd Ita2I Jo spzooag outgnd IE1OWO aqT ul ouuus aqT pzooaz pue `uzzaT lemouaz zo Iuglul puazzno uagT ogp3o uolptzldxo aqT uodn oAgoaga oq op uolptzeloop uolpuuluuaT e o2polmouNou pue apnooxa STIodozd aqT 3o szaumo do CTzzo. W pannbag aqp `cuTap lumouaz ,Cue zo Ieiplul aqp 3o uolpezudxa aqp op zoud `3l suuaT anlssaoons gons zo3 popuolxo put pomouaz XIleoptwopnu aq Tou Ilegs sTuuuano0 OAIToaTozd asagp TegT `zanamoq `popcnozd :spolzad zea6 (pl) uoT anussaoons zo; popuapxo dlluoupuwopnu oq Begs pue `£SOZ `I XInf ITpun Toaija puu aozo3 IIn3 Ul uleuuaz Bugs spueuanOO anTToapozd asagp uI pauluTuoo Tueuanoo put uolTupuoo goeg :s;uuuanOO ;o uol;tuluxzalL *ST 19. Required Maiority: Until such time as CRESCENT POINTE, Ltd. no longer owns at least one (1) acre of the Property, references in these Protective Covenants to a Required Majority of owners of the Property or of members of the Association, as the case may be, shall refer only to the affirmative action of the CRESCENT POINTE, Ltd. Thereafter, any matters requiring a Required Majority shall require the affirmative vote of owners owning at least seventy-five percent (75%) of the Property or a vote by members of the Association owning at least seventy-five percent (75%) of the Property (exclusive of any public rights -of -way). 20. Additional Property: The Administrator shall have the right to bring within the Property additional property in his discretion. Any additions authorized under this Section shall be made by filing of record in the Real Property Records of Brazos County, Texas, a Supplemental Declaration of Protective Covenants with respect to the additional property which shall extend these Protective Covenants (as therein modified) to such property, executed by the Administrator. Upon such filing, the Property shall include the additional property described in such Supplemental Declaration of Protective Covenants. 21. Approvals by Administrator or Association: Whenever in these Protective Covenants any approval or consent of the Administrator or the Association (once the Association has been formed and the powers and duties of the Administrator have been vested in the Association) is required, such consent or approval shall not be unreasonably withheld or delayed. EXECUTED this day of 2003. CRESCENT POINTE, LTD., a Texas limited partnership BY: CRESCENT POINTE HOLDINGS, INC., General Partner Emanuel H. Glockzin, Jr. President G1 OI suxol jo alu7S aqa zo3 puu ut oitgnd SxeloN "£OOZ ` jo xep stq; g3I33O 30 IVHS (INV QNIVH AN HaamII mamo •uopszodzoo plus jo paap pus Tou oq} su pus paluls utazagTXpleduo 3q1 uj `passazdxa ujazagp uoiTuzapjsuoo pus sasodznd oqj zo3 ouius oqj palnoaxa oq lugl oui of po2pojmou)jou oq puu `luoumzlsuj Sujo2Wod oqj oz pogjzosgns sj autuu asogiA uoszad aq1 aq of auz of umou)j `digszauyiud paljunl suxaj u „pij g.LNIOd INgOSa-dD 3o zauazud IszauaO „'DNI `SONIQ'IOH HINIOd LX'3SaUD 30 luaptsazd "Jf `uczxoojrJ -H Ianuuwg pazuodds Xjjuuoszad Xup sjgj uo `XTpogins pouOjszapun oqj `aW HlIO3ga § SOZVHEI AO AINIIOO § SVXH.L AO g.LV.LS HHI