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Carmen Heights Homeowners Association, Inc. · 4 pages
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Doc# 20180245341 12/17/2018 12:41PM Page 1 of 4 Gerard C. Rickhoff, Bexar County Clerk AFTER RECORDING RETURN TO: rN Carey Gunn Venditti, Esq. Qua PIPER Jennifer Cook Purcell, Esq.

DLA PIPER LLP (US) 401 Congress Ave., Ste 2500 Austin, Texas 78701 [email protected] CARMEN HEIGHTS A Residential Community in Bexar County, Texas ADOPTION OF WORKING CAPITAL ASSESSMENT Declarant: SA CORDUROY, LLC, a Texas limited liability company Cross reference to Carmen Heights Declaration of Covenants, Conditions and Restrictions, recorded as Document No. 20180108277 in the Official Public Records of Bexar County, Texas, as such may be amended from time to time.

WEST\284479722.1 Doc# 20180245341 12/17/2018 12:41PM Page 2 of 4 Gerard C. Rickhoff, Bexar County Clerk CARMEN HEIGHTS ADOPTION OF WORKING CAPITAL ASSESSMENT The following Adoption of Working Capital Assessment is made pursuant to Section 6.08 of that certain Carmen Heights Declaration of Covenants, Conditions and Restrictions, recorded as Document No. 20180108277 in the Official Public Records of Bexar County, Texas, as amended (the “Declaration”) by SA CORDUROY, LLC, a Texas limited liability company (the “Declarant”) as follows: 1. Working Capital Assessment. In accordance with Section 6.08 of the Declaration, the Declarant hereby adopts a working capital assessment amount equal to TWO HUNDRED AND FIFTY DOLLARS AND NO/100 ($250.00) (the “Working Capital Assessment”). The Working Capital Assessment applies all Lots within Carmen Heights unless otherwise exempt pursuant to Section 6.08 of the Declaration.

2. Subject to Change. The amount of the Working Capital Assessment designated herein is subject to change from time to time in an instrument Recorded by Declarant, until the expiration or

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Declaration.

2. Subject to Change. The amount of the Working Capital Assessment designated herein is subject to change from time to time in an instrument Recorded by Declarant, until the expiration or termination of the Development Period, and the Board thereafter.

3. Capitalized Terms. Capitalized terms used herein but not defined shall have those meanings ascribed to such terms as set forth in the Declaration.

[SIGNATURE PAGE FOLLOWS] CARMEN HEIGHTS ADOPTION OF WORKING CAPITAL ASSESSMENT WEST\284479722.1 Doc# 20180245341 12/17/2018 12:41PM Page 3 of 4 Gerard C. Rickhoff, Bexar County Clerk EXECUTED to be effective on the date this instrument is Recorded.

DECLARANT: SA CORDUROY, LLC, a Texas limited liability company By: Printed Name: Title: Blake NAIS Manager THE STATE OF TEXAS COUNTY OF Bevar § ៖ This instrument was acknowledged before me on this by I. Blake Yanfis, Manager behalf of such limited liability company.

(SEAL) N 5 TARY SARAH LYNN THOMPSON PUBLE Notary Public, State of Texas ................

STE OF TEXA Comm. Expires 12-03-2021 Notary ID 129642109 17th day of December 2018, of SA CORDUROY, LLC, a Texas limited liability company, on Notary Public Signature WEST 284479722.1 3 CARMEN HEIGHTS ADOPTION OF WORKING CAPITAL ASSESSMENT File Information eFILED IN THE OFFICIAL PUBLIC eRECORDS OF BEXAR COUNTY GERARD C. RICKHOFF, BEXAR COUNTY CLERK Document Number: 20180245341 Recorded Date: December 17, 2018 Recorded Time: 12:41 PM Total Pages: 4 Total Fees: $34.00 Any provision herein which restricts the sale or use of the described real property because of race is invalid and unenforceable under Federal law STATE OF TEXAS, COUNTY OF BEXAR

* Any provision herein which restricts the sale or use of the described real property because of race is invalid and unenforceable under Federal law STATE OF TEXAS, COUNTY OF BEXAR | hereby Certify that this instrument was eFILED in File Number Sequence on this date and at the time stamped hereon by me and was duly RECORDED in the Official Public Record of Bexar County, Texas on: 12/17/2018 12:41 PM Gerard C. Rickhoff Bexar County Clerk