RESTRICTIVE COVENANTS: (cont)

(17) ROADS:

The Roads within this development not dedicated to public use are to be retained as private roads and are so dedicated for use only of owners of lots within the development and owners of land adjoining said road as the means of ingress and egress of said owner.

(18) WATER AND SEWER:

A water and sewer system has been made available by the developer and owned by the Seven Bays Estates Unlimited Homeowners Association (Except that no sewer system shall be provided for the airport addition). The Developer assumes all responsibility to keep the water and sewer systems adequate to the needs of the homeowners. Also, the developed assumes all responsibility to county or state agencies regarding completion, compliance, or approval of said water and sewer systems. The fee schedule shall be established by the board of directors.

(19) RESERVATION OF RIGHTS

The Developer reserves the right, to connect to or add to, or change, (at his discretion) any part of any utility for the improvement of or as is necessary to continue the development of Seven Bays Inc., Property.

(20) PROPERTY OF THE ASSOCIATION

It is the intent of the developer that all lines, pumps, wells, tanks, controls, proprty involved and all other things incidental to any utility shall become the property of the homeowners association and deeds shall be filed in their behalf immediately upon completion of installation of each phase.

(21) MAINTENANCE AGREEMENT:

The Developer Agrees that the responsibility for maintenance of water or sewer systems or roads on all plats and additions shall belong to Seven Bays Inc., until such time as 75% of lots of said plat are sold where upon responsibility shall shift to the homeowners association.

(22) EASEMENT GRANTS:

The following easements are hereby granted:

(a) Each lot in the development shall have an easement not to exceed five (5) feet outside perimiter impressed thereon and by those covenants reserved for the purpose of utility service which utility service shall include, but is not limited to, telephone, electrical, sewer, and water easements. The developers anticipate that sewer and water systems will be installed in street access but reserve this easement on all lots for unforseen circumstances.

(23) RIGHTS AND PRIVILEGES:

All Rights, privileges, licenses, permits, and obligations in dealing with Federal, State, County or municipal corpoations concerning water front access and/or adjacent development shall be vested solely in Seven Bays Estates Unlimited and all lots shall be bound by the covenants, agreements, licenses, permits and obligations by the Action of the said Seven Bays Estates, Inc., in procuring, administering, and the perpetual management, maintenance and supervision of said water access and adjacent developments.
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