18 ATTACHMENT 07 - Laserfiche WebLink

~ ~ ~. 2.12 MORTGAGE: The term "Mortgaq~" shall mean any duly recorded mortgage or deed o! trust encumbering a I;ot. ss~ 2.13 MORTGAGEE: The term "Kortgagee" shall mean a Mortgagee under a Mortgage as well as a beneficiary under a deed of trust. 2.14 QwxE$: The tern ."Owner" shall mesa the holder of record fee title to a Lot, including Declarant as to each Lot owned by Declarant. If more than one person owns a single Lot, the term "owner" shall mean all owners of that Lot. The term "Owner" shall also mean a contract purchaser (vendee}under an installment land contract but shall exclude any person having an interest in a Lot merely as security for performance of an obligation. 2.I5 PRQti7ECT: The term "Project" shall mean Lots 1 through 42, inclusive, as shown on the Map and all Improvements thereon. 2.16 RESIDENCE: The term "Residence" shall mean a dwelling unit designed for human occupancy. 3.1 O~$$HiP OF LOTS: Title to each Lot in the. Project shall be conveyed in fee to an Owner. If more than one person and/or entity owns an undivided interest fn the same Lot, such persons and/or entities shall constitute one Owner. Each Lot shall be subject to the easements described in Section 3.2, below. 3.2 ~ s Each of the easements reserved or granted herein shall be deemed to be established upon the recordation of this Declaration, whether or not they are set forth. in the grant deeds to Lots, and shall thenceforth be deemed to be covenants running with the land for the use and benefit of the Owners and their Lots superior to all other encumbrances applied against or in favor of any portion of the Project. 3.2.1 Easements on MaD: The Lots are subject to the easements and rights of way shown on the Map. 3.2.2 Driveway Easements: Lots 29 and 30 share a common driveway (herein referred to as "Driveway Easement Area"}. The Driveway Easement Area is shown on the Map as a portion of Lot _, designated as " ".). The Owner o! Lot shall have an easement over the Driveway Easement Area for purposes of utilities, ingress, egress anti the construction and maintenance of the driveway surface. The Owners of Lots 29 and 30 shall contribute equally to the costs of repairing and maintaining the driveway constructed on the Driveway Easement Area in a good, safe and usable condition, in good repair, and in compliance with alt applicable state, county and local ordinances. Natwithstandinq the preceding sentence, any repair or maintenance work which is 3 09/08/88 LITTLE ! SAPUTO ATTORNEY) AT LA M' N pUA1L COURT. SUITH 311 WALNUT' CRRHK. CA 9~SOi (113) 9~~•1000