DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
PAGE 34

ARTICLE VII (cont.)

7.  Declarant's Rights and Reservations (cont.).
Property owned solely or partially by Declarant, (c) alter the foregoing or its construction plans arid designs, (d) modify its development plan for the Property and the Annexable Territory, including without limitation designating and redesignating Phases and constructing Residences of larger or smaller sizes, values, or of different types, or (e) construct such additional Improvements as Declarant deems advisable in the course of development of the Property so long as any Condominium in the Project remains unsold. Declarant's rights hereunder include, but are not limited to, the right to install and maintain such Structures, displays, signs, billboards, flags and sales offices as may be reasonably necessary to conduct Declarant's business of completing the work and disposing of the Condominiums by sale, resale, lease or otherwise. Each Owner, by accepting a deed to a Condominium, hereby acknowledges that Declarant's activities may temporarily or permanently impair the view of such Owner and may constitute art inconvenience or nuisance to the Owners, and hereby consents to such impairment, inconvenience or nuisance. This Declaration does not limit Declarant's right, at any time prior to acquisition of title to a Condominium in the Project by a purchaser from Declarant, to establish on that Condominium additional licenses, easements, reservations and rights-of-way to itself, to utility companies, or to others as may be reasonably necessary to the Property's proper development and disposal. Declarant may use any Condominiums owned by Declarant in the Project as model home complexes or real estate sales or leasing offices. Declarant need not seek or obtain Architectural Committee approval of any Improvement Declarant constructs or places on any portion of the Property. Declarant may assign its rights under the Restrictions to any successor in interest to any portion of Declarant's interest in any portion of the Property by a written assignment. Notwithstanding any other provision of this Declaration, no amendment may be made to this Article without the prior written approval of Declarant. Each Owner hereby grants, upon acceptance of his deed to his Unit, an irrevocable, special power of attorney to Declarant to execute and Record all documents and maps necessary to allow Declarant to exercise its rights under this Article. Declarant and its prospective purchasers of Condominiums are entitled to the nonexclusive use of the Common Property and any recreational facilities thereon, without further cost for access, ingress, egress, use or enjoyment, in order to (a) show the Property to prospective purchasers, (b) dispose of the Property as provided herein, and (c) develop and sell the Annexable Territory. Declarant, its successors and tenants, are also entitled to the nonexclusive use of any portions of the Property which comprise private streets, drives and · walkways for the purpose of ingress, egress and accommodating vehicular and pedestrian traffic . to and from·the Property and the Annexable Territory. The use of the Common Property by Declarant may not unreasonably interfere with the use thereof by the other Owners. The Association shall provide Declarant with all notices and other documents to which a Beneficiary is entitled pursuant to this Declaration, provided that Declarant shall be provided such notices and other documents without making written request therefor. Commencing on the date on which Declarant no longer has an elected representative on the Board, and continuing unt1l the later to occur of the date on which Declarant (i) no longer owns a Unit in the Property or (ii) cannot unilaterally annex property to the Property, the Association shall provide Declarant with written notice of all meetings of the Board as if Declarant were an Owner and Declarant shall be entitled to have a representative present at all such Board meetings ("Declarant's Representative"). The Declarant's Representative shall be present in an advisory capacity only and shall not be a Board member or have any right to vote on matters coming before the Board.