4 26 2014003892 FOR REGISTRATION REGISTER OF DEEDS TAMMY THEUSCH BEASLEY NEW HANOVER COUNTY NC 2014 FEB 18 03 17:42 PM BK 5798 PG 1212-1216 FEE $26 00 INSTRUMENT # 2014003892 STATE OF NORTH CAROLINA COUNTY OF NEW HANOVER SUPPLEMENTAL DECLARATION COVIL GARDENS CONDOMINIUMS (PHASE 2) THIS SUPPLEMENT TO THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR COVIL GARDENS CONDOMINIUMS, is made on this the 17th day of February, 2014, by R L BLANTON & Co., Inc., a North Carolina Corporation, hereinafter referred to as "DECLARANT"; and WITNESS ETH: WHEREAS, DECLARANT has previously caused to be recorded a Declaration of Covenants, Conditions And Restrictions For COVIL GARDENS CONDOMINIUMS, Phase 1, hereinafter referred to as "DECLARATION", recorded in Book 5659 beginning at page 2383 in the New Hanover County Register of Deed Office; and WHEREAS, DECLARANT reserves the right in Section 1.T. and Section 2, to amend the said DECLARATION to include additional properties to COVIL GARDENS CONDOMINIUMS; and WHEREAS, R L BLANTON & Co., Inc. is still the holder of all Declarant rights contained in the said Declaration and Amendment; and WHEREAS, DECLARANT now desires to incorporate additional property to COVIL GARDENS CONDOMINIUMS, and to specifically designate all roads and streets as being Public, as provided for above.
NOW THEREFORE, Declarant does hereby amend the Declaration for COVIL GARDENS CONDOMINIUMS by including within the jurisdiction of the property covered by the said restrictions, as amended, that property more particularly described by that plat recorded in the New Hanover County Registry in Condominium Map Book 18 beginning at Page 264, incorporated herein by reference, which property shall be known as Phase 2, COVIL GARDENS CONDOMINIUMS, per Exhibit A.
the New Hanover County Registry in Condominium Map Book 18 beginning at Page 264, incorporated herein by reference, which property shall be known as Phase 2, COVIL GARDENS CONDOMINIUMS, per Exhibit A.
RETURN TO Calder & Calder FURTHER THEREFORE, all roads and streets in COVIL GARDENS, all Phases and Sections are, and will be Public Roads and Streets, yet will be maintained by the COVIL GARDENS Homeowners Association until and unless that responsibility is accepted by another entity.
FURTHER THEREFORE, the said Phase 2 is subject to all of the terms and conditions contained in the original restrictions recorded in Book 5659 at Page 2383, and following, and all amendments, re-recordings, and supplements thereto, specifically including that Conservation Declaration Amendment to be recorded, and the revised Exhibits attached hereto and incorporated herein by reference.
Except as specifically amended above, the Declaration remains in full force and effect, unchanged.
The Declarant has caused this document to be executed in its name by its duly authorized Member/Manager, this the day and year first above written.
R IBLANTON & Co., Inc.
By: RANDY BLANTON Its: President STATE OF NORTH CAROLINA COUNTY OF NEW HANOVER I, a Notary Public of the County and State aforesaid, certify that RANDY L. BLANTON personally came before me this day and acknowledged that he is President of R L BLANTON & Co., Inc., a North Carolina Corporation, and that by authority duly given and as the act of the Corporation, the foregoing instrument was duly signed in its name by him in the stated capacity.
Witness my hand and official stamp or February NOTA HANOVER COUNTY.'
2014.
this day of 17th & Cumming Notary Public Annettel, Cummings My Commission Expires: 05/18/2015 EXHIBIT "A" AMENDED TO ADD PHASE 2
ness my hand and official stamp or February NOTA HANOVER COUNTY.'
2014.
this day of 17th & Cumming Notary Public Annettel, Cummings My Commission Expires: 05/18/2015 EXHIBIT "A" AMENDED TO ADD PHASE 2 DECLARATION OF CONDOMINIUM COVIL GARDENS CONDOMINIUM DESCRIPTION OF PROPERTY PHASE 2 LOCATED IN THE STATE OF NORTH CAROLINA, COUNTY OF NEW HANOVER, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: Being that property located at 123 Covil Avenue, Wilmington, NC, and described on a plat recorded in Condominium Map Book 18 beginning at Page 264, New Hanover County Registry, and being a portion of that property described in a deed recorded in Book 5546 at Page 1519 of the New Hanover County Register of Deeds Office.
UNIT DESIGNATION AND DESCRIPTION DESIGNATION.
The unit designation of each unit, its location and dimensions, are shown on the recorded plats, made a part hereof. Each unit 1s identified by a street number a numeric designation (Ex.: 123-101 a first floor unit, 123-201 a second floor unit, 123-301 a third floor unit).
DESCRIPTION. The legal description of each unit shall consist of the street number, and a unit number which identifies such unit as shown on the said recorded plat incorporated herein by reference.
EXHIBIT "C" REVISED DECLARATION OF CONDOMINIUM COVIL GARDENS CONDOMINIUM Phases 1 and 2 All of the units in Phases 1 and 2 shall have an equal undivided interest in the common elements and all units will be assessed with an estimated annual assessment of $1,800.00, which is the equivalent of a monthly assessment of $150.00. (Plus additional $50.00 per month for cable and $20.00 per month for home security monitoring, if applicable.)
The undivided interest of each unit in both Phases is determined by a ratio formulated based the number of units in
r month for cable and $20.00 per month for home security monitoring, if applicable.)
The undivided interest of each unit in both Phases is determined by a ratio formulated based the number of units in both Phases. The undivided interest for units added after submission of expansion sections to COVIL GARDENS CONDOMINIUM will be computed in a similar manner. The resulting number from the computation is the percent undivided interest of each unit in COVIL GARDENS CONDOMINIUM.
Annual assessments will increase if, and when, a swimming pool or other amenity is installed upon the Common Area.
Declarant has the right, but not the obligation to install at least one pool.
If this Condominium project is expanded as per the rights of the Developer, this expansion will be of an additional Twelve (12) units maximum, making the total units in COVIL GARDENS CONDOMINIUM, Thirty Six (36). The fewest number of units possible in COVIL GARDENS CONDOMINIUM regime shall be twelve (24). The maximum undivided interest in the common area of any unit owner will be 8.84%; the minimum undivided interest in the common area will be approximately 2.77%.
The maximum base homeowners assessment for the initial year of operation of the Owners Association shall be $150.00 per month per unit.
Owners Association dues beyond the first year of operation of the Owners Association shall be as set by the Owners Association and the maximum and minimum dues may vary through time, according to need. (Plus additional $50.00 per month for cable and $20.00 per month for home security monitoring, if applicable.)
NEW HANOVER COUNTY NORTH CAROLINA 1729° ESTABLISHED 179 TAMMY THEUSCH BEASLEY REGISTER OF DEEDS, NEW HANOVER 216 NORTH SECOND STREET WILMINGTON, NC 28401
oring, if applicable.)
NEW HANOVER COUNTY NORTH CAROLINA 1729° ESTABLISHED 179 TAMMY THEUSCH BEASLEY REGISTER OF DEEDS, NEW HANOVER 216 NORTH SECOND STREET WILMINGTON, NC 28401 Filed For Registration: Book: Document No.: 02/18/2014 03:17:42 PM RE 5798 Page: 1212-1216 2014003892 5 PGS $26.00 Recorder: CRESWELL, ANDREA State of North Carolina, County of New Hanover PLEASE RETAIN YELLOW TRAILER PAGE WITH ORIGINAL DOCUMENT.
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