BY-LAWS OF OAKHAVEN PLANTATION HOMEOWNERS ASSOCIATION, INC.

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1 BY-LAWS OF OAKHAVEN PLANTATION HOMEOWNERS ASSOCIATION, INC. ARTICLE I Name and Location: The name of the corporation is Oakhaven Plantation Homeowners Association, Inc., hereinafter referred to as the "Association". The principal office of the corporation shall be located at 802 Coleman Boulevard, Mt Pleasant, South Carolina, but meetings of members and directors may be held at such places within the State of South Carolina, County or Charleston, as may be designated by the Board of Directors. ARTICLE II: DEFINITIONS Section 1: "Association" shall mean and refer to Oakhaven Plantation Homeowners Association, Inc., its successors and assigns. Section 2: "Properties" shall mean and refer to that certain real property described in the Declaration of Covenants, Conditions and Restrictions, and such additions thereto as may hereafter be brought within the jurisdiction of the Association. Section 3: "Common Area shall mean all real property owned by the Association for the common use and enjoyment of the Owners Section 4: Lot shall mean and refer to any plot of land shown upon any recorded subdivision map of the Properties with the exception of the Common Area. Section 5: Owner shall mean and refer to the record owner, whether one of more persons or entities, of the fee simple title to any Lot which is part of the Properties, including contract sellers, but excluding those having such interest merely as security for the performance of an obligation. Section 6: Declarant shall mean and refer to Harbour Creek Partnership, a South Carolina General Partnership, its successors and assigns if such successors and assigns should acquire more than one undeveloped Lot from the Declarant fro the purpose of development. Section 7: Declaration shall mean and refer to the Declaration of Covenants, Conditions and Restrictions applicable to the Properties and Restrictions for Oakhaven Plantation, as amended, recorded in the Office of the Register of Mesne Conveyances for Charleston County, South Carolina. Section 8: Member shall mean and refer to those persons entitled to membership as provided in the Declaration. ARTICLE III: MEETING OF MEMBERS Section 1, Annual Meetings: The first annual meeting of the members shall be held within one year from the date of incorporation of the Association, and each subsequent regular annual meeting of the members shall be held on the same day of the same month of each year thereafter, at the hour of 12:00

2 noon. If the day for the annual meeting of the members is a legal holiday, the meeting will be held at the same hour on the first day following which is not a legal holiday. Section 2, Special Meetings: Special meetings of the members may be called at any time by the president or by the Board of Directors, or upon written request of the members who are entitled to vote one-fourth (1/4) of all of the votes of the Class A membership. Section 3, Notice of Meetings: Written notice of each meeting of the members shall be given by, or at the direction of, the secretary or person authorized to call the meeting, by mailing a copy of such notice, postage prepaid, at least 15 days before such meeting to each member entitled to vote thereat, addressed to the member s address last appearing on the books of the Association, or supplied by such member to the Association for the purpose of notice. Such notice shall specify the place, day and hour of the meeting, and, in the case of a special meeting, the purpose of the meeting. Section 4, Quorum: The presence at the meeting of members entitled to cast, or of proxies entitled to cast one-tenth (1/10) of the votes of each class of membership shall constitute a quorum for any action except as otherwise provided in the Articles of Incorporation, the Declaration, or the By-Laws. If, however, such quorum shall not be present or represented at any meeting, the members entitled to vote thereat shall have power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until a quorum as aforesaid shall be present or be represented. Section 5, Proxies: At all meeting of members, each member may vote in person or by proxy. All proxies shall be in writing and filed with the secretary. Every proxy shall be revocable and shall automatically cease upon conveyance by the member of his Lot. ARTICLE IV: BOARD OF DIRECTORS, SELECTION, TERM OF OFFICE Section 1, Number: The affairs of this Association shall be managed by a Board of five (5) directors, who need not be members of the Association. Section 2, Term of Office: At the first annual meeting the members shall elect three directors for a term of one year, three directors for a term of two years and three directors for a term of three years; and at each annual meeting thereafter the members shall elect three directors for a term of three years. Section 3, Removal: Any director may be removed from the Board, with or without cause, by a majority vote of the members of the Association. In the event of death, resignation or removal of a director, his successor shall be selected by the remaining members of the Board and shall serve for the unexpired term of his predecessor. Section 4, Compensation: No director shall receive compensation for any service he may render to the Association. However, any director may be reimbursed for his actual expenses incurred in the performance of his duties. Section 5, Action Taken Without a Meeting: The directors shall have the right to take any action in the absence of a meeting which they could take at a meeting by obtaining the written approval of all the directors. Any action so approved shall have the same effect as though taken at a meeting of the directors. ARTICLE V: NOMINATION AND ELECTION OF DIRECTORS

3 Section 1, Nomination: Nomination for election to the Board of Directors shall be made by a Nominating Committee. Nominations may also be made from the floor at the annual meeting. The Nominating Committee shall consist of a Chairman, who shall be a member of the Board of Directors, and two or more members of the Association. The Nominating Committee shall be appointed by the Board of Directors prior to each annual meeting of the member, to serve from the close of such annual meeting until the close of the next annual meeting and such appointment shall be announced at each annual meeting. The Nominating Committee shall make as many nominations for election to the Board of Directors as it shall in its discretion determine, but not less than the number of vacancies that are to be filled. Such nomination may be made from among members or non-members. Section 2, Election: Election to the Board of Directors shall be by secret written ballot. At such election the members or their proxies may cast, in respect to each vacancy, as many votes as they are entitled to exercise under the provision of the Declaration. The persons receiving the largest number of votes shall be elected. Cumulative voting is not permitted. ARTICLE VI: MEETING OF DIRECTORS Section 1, Regular Meetings: Regular meetings of the Board of Directors shall be held monthly without notice, at such place and hour as may be fixed from time to time by resolution of the Board. Should said meeting fall upon a legal holiday, then that meeting shall be held at the same time on the next day which is not a legal holiday. Section2, Special Meetings: Special meetings of the Board of Directors shall be held when called by the president of the Association, or by any two directors, after not less than three (3) days notice to each director. Section 3, Quorum: A majority of the number of directors shall constitute a quorum for the transaction of business. Every act or decision done or made by a majority of the directors present at a duly held meeting at which a quorum is present shall be regarded as the act of the Board. ARTICL VII: POWERS AND DUTIES OF THE BOARD OF DIRECTORS Section 1, Powers: The Board of Directors shall have power to: a) Adopt and publish rules and regulations governing the use of the Common Area and facilities, and the personal conduct of members and their guests thereon, and to establish penalties for the infraction thereof; b) Suspend the voting rights and right to use of the recreational facilities of a member during any period in which such member shall be in default in the payment of assessment levied by the Association. Such rights may also be suspended after notice and hearing, for a period not to exceed 60 days for infraction of published rules and regulations; c) Exercise for the Association all powers, duties and authority vested in or delegated to this Association and not reserved to the membership by other provisions of these By-laws, the Articles of Incorporation, or the Declaration; d) Declare the office of a member of the Board of Directors to be vacant in the event such member shall be absent from three (3) consecutive regular meetings of the Board of Directors; and

4 e) Employ a manager, an independent contractor, or such other employees as they deem necessary, and to prescribe their duties. Section 2, Duties: It shall be the duty of the Board of Directors to: a) Cause to be kept a complete record of all its acts and corporate affairs and to present a statement thereof to the members at the annual meeting of the members, or at any special meeting when such a statement is requested in writing by one-fourth (1/4) of the Class A members who are entitled to vote; b) Supervise all officers, agents and employees of this Association, and to see that their duties are properly performed; c) As more fully provided in the Declaration, to: 1) Fix the amount of the annual assessment against each Lot at least thirty (30) days in advance of each annual assessment period; 2) Send written notice of each assessment to every Owner subject thereto at least thirty (30) days in advance of each annual assessment period; and 3) Foreclose the lien against any property for which assessments are not paid within thirty (30) days after due date or to bring an action at law against the owner personally obligated to pay the same. d) Issue, or to cause an appropriate officer to issue, upon demand by any person, a certificate setting forth whether or not any assessment has been paid. A reasonable charge may be made by the Board for the issuance of these certificates. If a certificate states an assessment has been paid, such certificate shall be conclusive evidence of such payment; e) Procure and maintain adequate liability and hazard insurance on property owned by the Association; f) Cause all officers or employees having fiscal responsibilities to be bonded, as it may deem appropriate; g) Cause the Common Area to be maintained. ARTICLE VIII: OFFICERS AND THEIR DUTIES Section 1, Enumeration of Offices: The officers of this Association shall be a president and vicepresident, who shall at all times be members of the Board of Directors, a secretary, and a treasurer, and such other officers as the Board may from time to time by resolution create. Section 2, Election of Officers: The election of officer shall take place at the first meeting of the Board of Directors following each annual meeting of the members. Section 3, Term: The officers of this Association shall be elected annually by the Board and each shall hold office for one (1) year unless he shall sooner resign, or shall be removed, or otherwise disqualified to serve. Section 4, Special Appointments: The Board may elect such other officers as the affairs of the Association may require, each of whom shall hold office for such period, have such authority, and perform such duties as the Board may, from time to time, determine. Section 5, Resignation and Removal: Any officer may be removed from office with or without cause by the Board. Any officer may resign at any time giving written notice to the Board, the president or the

5 secretary. Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Section 6, Vacancies: A vacancy in any office may be filled by appointment by the Board. The officer appointed to such vacancy shall serve for the remainder of the term of the officer he replaces. Section 7, Multiple Offices: The offices of secretary and treasurer may be held by the same person. No person shall simultaneously hold more than one of any of the other offices except in the case of special offices created pursuant to Section 4 of this Article. Section 8, Duties: The duties of the officers are as follows: a) President: The president shall preside at all meetings of the Board of Directors; shall see that orders and resolutions of the Board are carried out; shall sign all leases, mortgages, deeds and other written instruments and shall co-sign all checks and promissory notes. b) Vice-President: The vice-president shall act in the place and stead of the president in the event of his absence, inability or refusal to act, and shall exercise and discharge such other duties as may be required of him by the Board. c) Secretary: The secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board and of the members; keep the corporate seal of the Association and affix it on all papers requiring said seal; serve notice of meetings of the Board and of the members; keep appropriate current records showing the members of the Association together with their addresses, and shall perform such other duties as required by the Board. d) Treasurer: The treasurer shall receive and deposit in appropriate bank accounts all monies of the Association and shall disburse such funds as directed by resolution of the Board of Directors; shall sign all checks and promissory notes of the Association; keep proper books of accounts; cause and annual audit of the Association books to be made by a public accountant and at the completion of each fiscal year; and shall prepare an annual budget and a statement of income and expenditures to be presented to the membership at its regular annual meeting, and deliver a copy of each to the members. ARTICLE IX: COMMITTEES The association shall appoint an Architectural Control Committee, as provided in the Declaration, and a Nominating Committee, as provided in these By-Laws. In addition, the Board of Directors shall appoint other committees as deemed appropriate in carrying out its purpose. ARTICLE X: BOOKS AND RECORDS The books, records and papers of the Association shall at all times, during reasonable business hours, be subject to inspection by any member. The Declaration, the Articles of Incorporation and the By- Laws of the Association shall be available for inspection by any member at the principal office of the Association, where copies may be purchased at reasonable cost. ARTICLE XI: ASSESSMENTS

6 As more fully provided in the Declaration, each member is obligated to pay to the Association annual and special assessments which are secured by a continuing lien upon the property against which the assessment is made. Any assessments which are not paid when due shall be delinquent. If the assessment is not paid within thirty (30) days after the due date, the assessment shall bear interest from the date of delinquency at the rate of 6 percent per annum, and the Association may bring an action at law against the Owner personally obligated to pay the same or foreclose the lien against the property, and interest, costs, and reasonable attorney s fees od any such action shall be added to the amount of such assessment. No Owner my waiver or otherwise escape liability for the assessments provided for herein by nonuse of the Common Area or abandonment of his Lot. ARTICLE XIII: AMENDMENTS Section 1: These By-Laws may be amended, at a regular or special meeting of the members, by a vote of a majority of a quorum of members present in person or by proxy, except that the Federal Housing Administration or the Veterans Administration shall have the right to veto amendments while there is Class B membership. Section 2: In the case of any conflict between the Articles of Incorporation and these By-Laws, the Articles shall control; and in the case of any conflict between the Declaration and these By-Laws, the Declaration shall control. ARTICLES XIV: MISCELLANEOUS The fiscal year of the Association shall begin on the first day of January and end on the 31 st day of December of every year, except that the first fiscal year shall begin on the date of incorporation. IN WITNESS WHEREOF, we, being all of the directors of the Oakhaven Plantation Homeowners Association, Inc., have hereunto set our hands this 1 st day of June, CERTIFICATION I, the undersigned, do hereby certify: THAT I am the duly elected and acting secretary of the Oakhaven Plantation Homeowners Association, Inc., a South Carolina corporation, and, THAT the foregoing By-Laws constitute the original By-Laws of said Association, as duly adopted at a meeting of the Board of Directors thereof, held on the 1 st day of June, 1987.

7 IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of said Association this 1 st day of June, 1987.

8 HARBOUR CREEK PARTNERSHIP, A SOUTH CAROLINA GENERAL PARTNERSHIP DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR OAKHAVEN PLANTATION THIS DECLARATION made this 2 nd day of June, 1986, by Harbour Creek Partnership, a South Carolina General Partnership, hereinafter sometimes called Developer. WITNESSETH: WHEREAS, Developer is the owner of the real property described in Article II of this Declaration and desires to create thereon a residential community with parks, open spaces, and other common facilities for the benefit of the community; and, WHEREAS, Developer desires to provide for the preservation of the values and amenities in the community and for maintenance of the parks, open spaces and other common facilities; and to insure the best use and most appropriate development and improvement of each of the lots in the community; and to this and Developer desires to subject the real property described in Article II together with such additions as may hereafter be made thereto, to the covenants, restrictions, easements, charges and liens, hereinafter set forth, each and all of which is and are for the benefit of the property and each owner thereof; and, WHEREAS, Developer has deemed it desirable for the efficient preservation of the values and amenities in the community to create and organization to which should be delegated and assigned the powers of maintaining and administering the community properties and facilities and administering and enforcing covenants and restrictions and collecting and disbursing the assessments and charges hereinafter created; and, WHEREAS, Developer has incorporated under the laws of the State of South Carolina, Oakhaven Plantation Homeowners Association, Inc., a non-profit corporation, for the purpose of exercising the functions as aforesaid, NOW, THEREFORE, Developer declares that the real property described in Article II, and such additions thereto as may hereafter be made pursuant to Article II hereof, is and shall be held, transferred, sold, conveyed and occupied subject to the covenants, restrictions, easements, charges and liens hereinafter set forth. ARTICLE 1: DEFINITIONS Section 1: The Association means Oakhaven Plantation Homeowners Association, Inc., its successors and assigns, a non-profit corporation organized under the laws of South Carolina. Section 2: Common Areas, also referred to as Common Property, means the real property, together with the improvements, thereon, owned leased or possessed by The Association for the common use and enjoyment of the owners and shown as Common Property or Recreation Area upon the recorded subdivision plat (or plats) of the properties, or as hereafter may be brought within the jurisdiction of The Association. Section 3: Properties means that real property described and referred to in Article II of the Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation and such additions thereto as may hereafter be brought within the jurisdiction of The Association.

9 Section 4: Lot means any parcel of land subject to the Declaration and shown as a numbered parcel upon any recorded subdivision plat of the properties, with the exceptions of the common areas. Section 5: Owner means the record owner, whether one or more persons or entities, of the fee simple title to any lot which is a part of the properties, including contract sellers, but excluding any person having such interest merely as security for the performance of an obligation. Section 6: Person means an individual, corporation, partnership, trust or any other legal entity. Section 7: Declaration means the within Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation and/or any Supplementary Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation applicable in the properties referred to herein and recorded in the RMC Office for Charleston County, South Carolina. Section 8: Member means those persons entitled to and having membership as provided in the Declaration. Section 9: Developer means Harbour Creek Partnership, a South Carolina General Partnership, its successors or assigns. Section 10: Assessment means a member s share of the common expenses as assessed against a member by The Association as provided for by the Declaration. Section 11: Board of Directors means the governing board of Oakhaven Plantation Homeowners Association, Inc., as determined by the By-Laws of Oakhaven Plantation Homeowners Association, Inc. ARTICLE II Section 1, (a) Existing Property: The real property which is and shall be owned, held, transferred, sold, conveyed, and occupied subject to this Declaration is located in Charleston County, South Carolina, and is more particularly described as follows: ALL those pieces, parcels, tracts or lots of land shown and designated as Common Property, Recreation Area or numbered residential lots location in Section 2 on a plat entitled Subdivision Plat of Oakhaven Plantation, Christ Church Parish, Charleston County, South Carolina, Owner Harbour Creek Partnership, a South Carolina General Partnership, by Harold B. Nielsen, Jr., P.E. & L.S., dated February 5, 1986, and revised April 7, 1986, and recorded on May 9,1986, in the RMC Office for Charleston County in Plat Book BH, Page 160 and 161. ARTICLE III: MEMBERSHIP AND VOTING RIGHTS Section 1, Membership: Every person who is a record owner of a fee or undivided interest in any residential lot in Section 2 of Oakhaven Plantation Subdivision subject to this Declaration shall automatically be a member of The Association; provided, however, that any such person who holds such person who holds such interest merely as security for an obligation shall not be a member.

10 Section 2, Voting Rights: The Association shall have two classes of voting membership: a) Class A: Class A members shall be all Owners with the exception of the Declarant and shall be entitled to one vote for each lot owned. When more than one person holds an interest in any lot, all such persons shall be members. The vote for such lot shall be exercised as they among themselves determine, but in no event shall more than one vote be cast with respect to any lot. b) Class B: The Class B member(s) shall be the Declarant and shall be entitled to two (2) votes for each lot owned. The Class B membership shall cease and be converted to Class A membership on the happening of either of the following events, whichever occurs earlier: a. When the total votes outstanding in the Class A membership equal the total votes outstanding in the Class B membership, or b. On December 31, Section 3, Voting: The members shall vote pursuant to the Articles of Incorporation and By-Laws of The Association, as amended from time to time, or by law. Section 4, Suspension of Membership Rights: The Board of Directors of The Association, by simple majority vote, may suspend the rights of any member who violates any of the provisions of the Declaration, including but not limited to default in the payment of any annual or special assessments levied by The Association. In the event of such suspension, the voting rights and right to the use of The Association s properties and facilities by such member may be suspended by the Board of Directors until such violation has been corrected. The rights of a member may also be suspended by the Board of Directors, for a period not exceeding thirty (30) days, for violation of any rules and regulations established by the Board of Directors governing the use of The Association s properties and facilities. ARTICLE IV: PROPERTY RIGHTS IN THE COMMON AREAS Section 1, Members Easements of Enjoyment: Subject to the provisions of Section 3, every Member shall have a right and easement of enjoyment in and to the Common Areas and such easement shall be appurtenant to and shall pass with the title to every lot. Section 2, Title to Common Areas: The Developer may retain the legal title to the Common Areas until such a time as it has completed improvements thereon and until such time as, in the opinion of the Developer, The Association is able to maintain the same, but, notwithstanding any provision herein, the Developer hereby covenants, for itself, its successors and assigns, that it shall convey the Common Areas to The Association, free and clear of all liens and encumbrances, not later than January 1, [AMENDMENT] Section 2. Title to Common Areas: The developer may retain the legal title to the common area only until such time as it has completed improvements thereon and until such time as in the opinion of the developer the association is able to maintain the same and at such time the developer shall convey the common areas to the association free and clear of all liens and encumbrances. Section 3, Extent of Members Easements: The rights and easements of enjoyment created hereby shall be subject to the following: a) The rights of the Developer and of The Association, in accordance with its Articles and By-Laws, to borrow money for the purpose of improving the Common Areas and in aid thereof to mortgage said areas. In the event of a default upon any such mortgage, the lender s rights hereunder shall be limited to a right, after taking possession of such areas, to charge admission and other fees as

11 condition to continued enjoyment by the members, until the mortgage debt is satisfied, whereupon the possession of such areas shall be returned to The Association and all rights of the members hereunder shall be fully restored; a) [AMENDMENT] shall be deleted in its entirety. b) The right of The Association to take such steps as are reasonably necessary to protect the abovedescribed areas against foreclosure; c) The right of The Association, as provided in its Articles and By-Laws, to suspend the enjoyment rights of any member for any period during which any assessment remains unpaid, and for any period not to exceed thirty (30) days for any infraction of its published rules and regulations; d) The right of The Association to charge reasonable admission and other fees for the use of the Common Areas; and e) The right of The Association to dedicate or transfer all or any part of the Common Areas to any public agency, authority, or utility for such purposes and subject to such conditions as may be agreed to by the members, provided that no such dedication or transfer, determination as to the purposes or as to the conditions thereof, shall be effective unless an instrument signed by members entitled to cast two-thirds (2/3) of the votes of the membership has been recorded, agreeing to such dedication, transfer, purpose or condition, and unless written notice of the proposed agreement and action thereunder is sent to every member at least ninety (90) days in advance of any action taken. e) [AMENDMENT] The right of the association to dedicate or transfer all or any part of the common area to any public agency, authority, or utility for such purposes and subject to such conditions as may be agreed to by the members, provided that no such dedication or transfer determination as to the purposes or conditions thereof shall be effective unless an instrument signed by members of each class of members entitled to cast two-thirds (2/3) of the votes of the membership has been recorded, agreeing to such dedication, transfer, purpose of condition and unless written notice of the proposed agreement and action thereunder is sent to each and every member of each class at least ninety (90) days in advance of any action taken. ARTICLE V Section 1, Creation of Permanent Charge and Lien Assessments; Personal Obligation of Owners; Remedies of Association: Subject to the Bylaws of The Association: a) Each of the lots described in Article II, Section 1 (a) hereof is hereby made subject to a lien and permanent charge in favor of The Association for annual assessments, and special assessments, and each lot hereafter made subject to this Declaration shall automatically be subjected to said lien and permanent charge at the time such lot is made subject to this Declaration. Such annual and special assessments shall be fixed, established and collected as hereinafter provided. Any and all of said assessment, together with the interest thereon, if any, as hereinafter provided, shall constitute a permanent charge and lien shall bind such lot in the hands of any and all persons. b) Each owner or part-owner of any lot which is or shall become subject to this Declaration, by acceptance of a deed or other conveyance therefor, or by filing a Supplementary declaration making such lot subject to this Declaration, whether or not it shall be so expressed in such document, whether or not such owner shall otherwise consent in writing, shall be deemed to covenant, promise and agree to pay to The Association annual assessments, and special assessment, such annual and special assessments to be fixed and collected from time to time as hereinafter provided; and any person or persons who was or were the owner or owners of any lot

12 or lots subject to assessment by The Association at a time when any assessment came due with respect to such lots shall be personally obligated to pay such assessment, together with interest thereon, if any. The personal obligation of any owner to pay any assessment which is due or delinquent, and interest thereon, if any, at a time when such owner transfers his lot to another shall pass to his successor in title unless expressly assumed by such successor in title; c) The permanent charge, the lien and the personal obligation hereby created may be enforced by The Association in any appropriate proceeding in law or in equity. Section 2, Annual Assessments: For the year beginning January 1, 1986, and through December 31, 1987, the annual assessment shall be a sum determined by the Directors of The Association, not to exceed a maximum of $125.00, for each lot which hereby made subject to assessment by The Association. Section 3, Changes in Annual Assessments: a) From and after December 31, 1987, the maximum annual assessment may be increased each year in conformance with the rise, if any, of the Consumer Price Index (published by the U.S. Department of Labor, Washington, D.C.) for the preceding month of July with a vote of the membership. b) From and after January 1, 1987, the maximum annual assessment may be increased above that established by the Consumer Price Index formula by a vote of two-thirds (2/3) of each class of members who are voting in person, at a meeting duly called for this purpose. Section 4, Special Assessments: In addition to the annual assessment authorized by Section 2 of this Article, The Association may levy in any assessment year a special assessment, provided that any such special assessment shall have the assent of two-thirds (2/3) of each class of members who are voting in person at a meeting duly called for this purpose. Section 5, Purpose of Assessments: The assessments levied by The Association shall be used exclusively for the purpose of promoting the recreation, health, safety and welfare of the residents in the properties, for the payment of any taxes levied on the property owned by The Association, and, in particular, for the improvement and maintenance of properties, services, and facilities devoted to this purpose and related to the use and enjoyment of the Common Areas and of the homes situated upon the properties. Section 6, Annual Assessment: Due Dates; Delinquency Dates: The annual assessment for the year beginning January 1, 1987, shall become due and payable on March 1, The due date of subsequent annual assessments shall be March 1, The due date of subsequent assessments shall be March 1 of such subsequent year unless changed by the Board of Directors as hereinafter provided. If any assessment is not paid on or before the thirtieth day after the due date, such assessment shall become delinquent and bear interest at the rate of ten (10%) per annum from said due date. [AMENDMENT] Section 6. Annual Assessments: Due Dates; Delinquency Dates: The annual assessment for the year beginning January 1, 1987, shall become due and payable on March 1, The due date of subsequent annual assessments shall be March 1, The due date of subsequent annual assessments shall be March 1 of such subsequent year unless changed by the Board of Directors as hereinafter provided. If any assessment is not paid on or before the 30 th day after the due date such assessment shall be delinquent and bear interest at the rate of six (6%) percent per annum from said due date.

13 Section 7, Subordination of the Lien to Mortgages: The lien of the assessments provided for herein shall be subordinate to the line of any mortgage or mortgages now or hereafter placed upon the properties subject to assessments; provided, however, that such subordination shall apply only to the assessments which have become due and payable prior to a sale or transfer of such property pursuant to a decree of foreclosure, or any other proceeding in lieu of foreclosure. Such sale or transfer shall not relieve such property from liability for any assessments thereafter becoming due, nor from the lien of any such subsequent assessment. Section 8, Exempt Property: Only lots as defined in this Declaration are hereby made subject to the assessments, charges and liens for annual or special assessments and interests heretofore created. All other property, including but not limited to the following, are exempt from such assessments. a) Common Areas; b) All property to the extent of any easement or other interest therein dedicated and accepted by a local public authority and devoted to public use. ARTICLE VI: ARCHITECTURAL CONTROL BOARD Section 1: The Architectural Control Board shall be established and have the duties and functions as described in the Restrictions pertaining to the lots owned by the members, being the same Restrictions described in Article VII, Specific Residential Restrictions, of this Declaration. ARTICLE VII: SPECIFIC RESIDENTIAL RESTRICTIONS Section 1: In addition to the covenants, restrictions and conditions of this Declaration, the Developer shall, for the benefit of Developer and The Association impose protective residential restrictions on the property subject to this declaration, which restrictions, set forth in a separate document entitled Restrictions for Oakhaven Plantation, dated the 3 rd day of June, 1986, and recorded in the RMC Office for Charleston County, South Carolina, in Book 0154, Page 1, are incorporated herein by reference to the same extent as if se forth verbatim herein. [AMENDMENT] Section 9: Both annual and special assessments shall be fixed at a uniform rate for all lots in the subdivision notwithstanding anything to the contrary herein. ARTICLE VIII: GENERAL PROVISIONS Section 1, Duration: The covenants, conditions and restrictions of this Declaration shall run with and bind the land, and shall inure to the benefit of and be enforceable by The Association, or the Owner of any land subject to this Declaration, their respective legal representatives, heirs, successors, and assigns, for a term of twenty-five (25) year from the date this Declaration is recorded, after which time said covenants shall be automatically extended for successive periods of ten (10) years. Provided, however, this Declaration may be amended at any time if ten (10) days written notice of any proposed amendments or changes has been given to all the then Owners of residential lots in Oakhaven Plantation, Section 2, as shown on the subdivision plat which are subject to the provisions hereof and such proposed amendment(s) has been approved and an instrument signed by the then Owners of two-thirds of said

14 residential lots has been recorded, agreeing to change said covenants and restrictions in whole or in part. The Owner or Owners of lots shall have one (1) vote for each lot owned. Section 2, Notices: Any notice required to be sent to an Member or Owner under the provisions of this Declaration shall be deemed to have been properly sent when mailed, postpaid, to the last known address of the person who appears as Member or Owner on the records of The Association at the time of such mailing. Section 3, Enforcement: Enforcement of these covenants and restriction shall be by any proceeding at law or in equity against any person or persons violating or attempting to violate any covenant or restriction, either to restrain violation or to recover damages, and against the land to enforce any lien created by these covenants; and failure by The Association or any Owner to enforce any covenant or restriction herein contained shall in no event be deemed waiver of the right to do so thereafter. Section 4, Severability: Invalidation of any one of these covenants or restrictions by judgment or court order shall in no wise affect any other provisions which shall remain in full force and effect. Section 5, Captions: The captions of each Section hereof as to the contents of each Section are inserted only for convenience and are in no way to be construed as defining, limiting, extending or otherwise modifying or adding to the particular sections to which they refer. [AMENDMENT] Section 6. Annexation. Additional residential property and common area may be annexed to the properties with the consent of two-thirds (2/3) of each class member. IN WITNESS WHEREOF, HARBOUR CREEK PARTNERSHIP, A SOUTH CAROLINA GENERAL PARTNERSHIP, has caused this Declaration to be executed by its partners, the day and year first above written.

15 PERSONALLY appeared before me, Mary C. Hendricks, who, being duly sworn, deposes and says that (s)he saw the within-named HARBOUR CREEK PARTNERSHIP, A SOUTH CAROLINA GENERAL PARTNERSHIP, by its Partners, sign, seal and execute the within Declaration for the uses and purposes therein mentioned, and that (s)he, with M.R. Campbell witnessed the execution thereof.

16 FIRST AMENDMENT TO DECLARATION OF COVENANTS, CONDITIONS, AND RESTRICTIONS FOR OAKHAVEN PLANTATION Whereas, Harbour Creek Partnership, A South Carolina General Partnership, caused to be recorded an instrument entitled Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation which said instrument was dated June 2, 1986, and recorded June 4, 1986, in Book 0-154, Page 26 in the RMC Office for Charleston County (hereinafter also referred to as Declaration ); and Whereas, Harbour Creek Partnership, A South Carolina General Partnership, is minded to make certain modifications to said original instrument in order to comply with certain criteria as established by the Veterans Administration and for other purposes; and WHEREAS, the requisite number of owners of lots in Oakhaven Plantation have executed the within instrument of modification pursuant to the terms and conditions as set forth in Article 8, Section 1, of the Declaration of Covenants, Conditions, and Restrictions for Oakhaven Plantation above referenced. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS that for valuable consideration and the above premises the undersigned as owners of two-thirds (2/3) of the residential lots in Oakhaven Plantation hereby declare that the real estate described as Oakhaven Plantation Section 1 and Section 2 as shown on plat entitled Subdivision Plat of Oakhaven Plantation, Christ Church Parish, Charleston, South Carolina prepared by Gifford, Nielson & Williams and dated February 5, 1986, and revised April 7, 1986, and recorded in the RMC Office for Charleston County in Book BH, at Page 160 and 161, is and shall be held, transferred, sold and occupied subject to the covenants, restrictions, easements, charges and liens hereinafter set forth in modification of the original instrument entitled Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation as above described. 1) ARTICLE IV, SECTION 2, shall be amended to read as follows: ARTICLE IV, SECTION 2. Title to Common Areas. The developer may retain the legal title to the common area only until such time as it has completed improvements thereon and until such time as in the opinion of the developer the association is able to maintain the same and at such time the developer shall convey the common areas to the association free and clear of all liens and encumbrances. 2) ARTICLE IV, SECTION 3 (a), shall be amended so as read as follows: ARTICLE IV, SECTION 3 (a), shall be deleted in its entirety. 3) ARTICLE IV, SECTION 3 (e), shall be amended to read as follows: ARTICLE IVE, SECTION 3 (e). The right of the association to dedicate or transfer all or any part of the common area to any public agency, authority, or utility for such purposes and subject to such conditions as may be agreed to by the members, provided that no such dedication or transfer determination as to the purposes or conditions thereof shall be effective unless an instrument signed by members of each class of members entitled to cast two-thirds (2/3) of the votes of the membership has been recorded, agreeing to such dedication, transfer, purpose of condition and unless written notice of the proposed agreement and action thereunder is sent to each and every member of each class at least ninety (90) days in advance of any action taken. 4) ARTICLE V, SECTION 6, shall be amended to read as follows: ARTICLE V, SECTION 6. Annual Assessments: Due Dates; Delinquency Dates. The annual assessment for the year beginning January 1, 1987, shall become due and payable on March 1, The due date of subsequent annual assessments shall be March 1, The due date of subsequent annual assessments shall be March 1 of such subsequent year unless changed by the Board of Directors as hereinafter provided. If any assessment is not paid on or before the 30 th day after the due date such assessment shall be delinquent and bear interest at the rate of six (6%) percent per annum from said due date.

17 5) ARTICLE V, SECTION 9, shall be amended to read as follows: ARTICLE V, SECTION 9. Both annual and special assessments shall be fixed at a uniform rate for all lots in the subdivision notwithstanding anything to the contrary herein. 6) ARTICLE VIII shall be amended by adding the following: SECTION 6. Annexation. Additional residential property and common area may be annexed to the properties with the consent of two-thirds (2/3) of each class member. FHA/VA Approval. As long as there is a class B membership, the following action will require the prior approval of the Federal Housing Administration or the Veteran Administration: Annexation of additional properties, dedication of common properties, and amendment of this Declaration of Covenants, Conditions and Restrictions. IN WITNESS WHEREOF, the undersigned have affixed their hands and seals this 17 th day of September, PERSONALLY appeared before me, Sara C. Joyner, who, being duly sworn, states that she was the within-named Harbour Creek Partnership, A South Carolina General Partnership, by David E. Hatchell and Daniel E. Gladden, Its General Partners, sign, seal and as its act and deed deliver the within written First Amendment to Declaration of Covenants, Conditions, and Restrictions for Oakhaven Plantation, and that she with Mary C. Hendricks witnessed the execution thereof.

18 RESTRICTIONS FOR OAKHAVEN PLANTATION WHEREAS, the undersigned, Harbour Creek Partnership, a South Carolina General Partnership, is the owner of a tract of land located in the Town of Mt. Pleasant, County of Charleston, Sate of South Carolina, as shown on a plat entitled Subdivision Plat of Oakhaven Plantation, Christ Church Parish, Charleston County, South Carolina, Owner: Harbour Cree Partnership, A South Carolina General Partnership by Harold B. Nielson Jr., P.E. & L.S, dated February 5, 1986, and revised April 7, 1986, and recorded on May 9, 1986, in Plat Book BH, Page 160 and 161 in the RMC Office for Charleston County; and, WHEREAS, the undersigned, Harbour Creek Partnership, a South Carolina General Partnership, by its Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation dated June 2, 1986, and recorded in said RMC Office on June 4, 1986, in Book 0154, Page 26, has imposed certain conveyances and conditions on the below described lots in said tracts; and, WHERAS, the undersigned, Harbour Creek Partnership, a South Carolina General Partnership, desires to impose certain additional restrictive covenants upon the lots below described in as Section 2, Oakhaven Plantation Subdivision; and, WHEREAS, the restrictions hereinbelow are for the benefit of Harbour Creek Partnership, a South Carolina General Partnership, the future owners of lots in Oakhaven Plantation and Oakhaven Plantation Homeowners Association, Inc. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that the undersigned Harbour Creek Partnership, a South Carolina General Partnership, its successors and assigns, (hereinafter referred to as Developer ), in consideration of the premises and other good and valuable consideration does hereby declare that the covenants contained herein shall be covenants running with the Land and shall apply to and be imposed upon that real estate described below, and said property shall be held, transferred, sold, conveyed, donated, leased, occupied and used subject to among others to the restrictions, covenants, easements and conditions as set forth hereinbelow. 1. Property Subject to These Restrictions, Covenants, Easements and Conditions: The real property subject to the within Restrictions, Covenants, Easements and Conditions is described as: ALL residential lots as shown and designated as Lots 1 through 156, inclusive, Section 2, on a plat entitled Subdivision Plat of Oakhaven Plantation, Christ Church Parish, Charleston County, South Carolina, Owner: Harbour Creek Partnership, a South Carolina General Partnership, by Harold B. Nielson, Jr., P.E. & L.S., dated February 5, 1986, and revised April 7,1986, and recorded in the RMC Office for Charleston County on May 9, 1986, Plat Book BH, Page 160 and 161. Said Lots 1 through 156, inclusive, Section 2 being herein designated as follows: 1) Plantation Lots: Section 2 Lots numbered 1 through 29, inclusive; Lots numbered 38 through 47, inclusive; Lots numbered 57 through 156 inclusive; 2) Marsh View Lots: Section 2 Lots numbered: 30, 31, 32, 33, 34, 35, 35, 37, 48, 49, 50, 51, 52, 53, 54, 55, & 56 The restrictions, covenants, easements, and conditions imposed on the aforesaid lots are as follows:

19 [AMENDMENT] The real property subject to the within Restrictions, Covenants, Easements and Conditions is described as: ALL residential lots as shown and designated as Lots 1 through 76, Section 1, and Lots 1 through 156, Section 2, on a plat entitled Subdivision Plat of Oakhaven Plantation, Christ Church Parish, Charleston County, South Carolina, Owner: Harbour Creek Partnership, A South Carolina General Partnership, by Harold B. Nielson, Jr., P.E. & L.S.; dated February 5, 1986, and revised April 7, 1986, and recorded in the RMC Office for Charleston County on May 9, 1986, in Plat Book BH, Page 160 and 161. Said Lots 1 through 76, inclusive, Section 1, being herein designated as landing lots. 2. Oakhaven Plantation Homeowners Association, Inc.: The Developer has caused to be incorporated under the laws of the State of South Carolina, a non-profit corporation, Oakhaven Plantation Homeowners Association, Inc., (hereinafter referred to as the Association) for the purpose of providing a vehicle for the orderly development and preservation of values of Oakhaven Plantation. The Developer, for each lot owned by it within Oakhaven Plantation Subdivision, hereby covenants and each owner of any lot shall, by acceptance of a deed therefor, whether or not it shall be so expressed in such deed or other conveyance, be deemed to covenant and agree to all terms, conditions and provisions of the Declaration of Covenants, Conditions, and Restrictions for Oakhaven Plantation as set forth therein; said document being recorded in the RMC Office for Charleston County in Book 0154, Page 16. [AMENDMENT] Provided further that as to Section 1 of Oakhaven Plantation Subdivision as shown on the above mentioned subdivision plat that purchasers therein shall be deemed to covenant and agree to all terms, conditions and provisions of the Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation as set forth in document entitled Declaration of Covenants, Conditions and Restrictions: Section 1 dated June 2, 1986, and recorded in the RMC Office for Charleston County in Book O-154, Page Definitions: Section 1: The Association means Oakhaven Plantation Homeowners Association, Inc., its successors and assigns, a non-profit corporation organized under the laws of South Carolina. Section 2: Common Areas, also referred to as Common Property, means the real property, together with the improvements thereon, owned, leased or possessed by The Association for the common use and enjoyment of the owners and shown as Common Property or Recreation Area or intended to be the same and shown upon the recorded subdivision plat (or plats) of the properties, or as hereafter may be brought within the jurisdiction of The Association. Section 3: Properties means that real property described and referred to in Article II of the Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation and such additions thereto as may hereafter be brought within the jurisdiction of The Association. Section 4: Lot means any parcel of land subject to the Declaration and shown as a numbered parcel in Section 2 upon any recorded subdivision plat of the properties, with the exceptions of the common areas and which is intended to be conveyed and used as a residential homesite parcel.

20 Section 5: Owner means the record owner, whether one or more persons or entities, of the fee simple title to any lot which is a part of the properties, including contract sellers, but excluding any person having such interest merely as security for the performance of an obligation. Section 6: Person means an individual, corporation, partnership, trust or any other legal entity. Section 7: Declaration means the within Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation and/or any Supplementary Declaration of Covenants, Conditions and Restrictions for Oakhaven Plantation applicable in the properties referred to herein and recorded in the RMC Office for Charleston County, South Carolina. Section 8: Member means those persons entitled to and having membership as provided in the Declaration. Section 9: Developer means Harbour Creek Partnership, a South Carolina General Partnership, its successors or assigns. Section 10: Assessment means a member s share of the common expenses as assessed against a member by The Association as provided for by the Declaration. Section 11: Board of Directors means the governing board of Oakhaven Plantation Homeowners Association, Inc., as determined by the By-Laws of Oakhaven Plantation Homeowners Association, Inc. 4. Residential Use of Property: All lots of land as shown on the plats shall be known and described as residential property and shall be used for residential purposes only, except as set forth in paragraph 23 herein below. 5. Architectural Control Board: Harbour Creek Partnership, a South Carolina General Partnership, shall appoint an Architectural Control Board, to be composed of no less than three (3) persons who will insure an orderly development of the hereinbefore described properties, in accordance with these Restrictions. [AMENDMENT] The Oakhaven Plantation Homeowners Association shall appoint an Architectural Control Board to be composed of no less than 3 persons who will insure an orderly development of the hereinbefore properties in accordance with these restrictions. 6. Building Construction: Not more than one single-family dwelling, not to exceed two and onehalf (2 ½) stores in height, shall be erected on any one lot unless otherwise approved, in writing, by Harbour Creek Partnership, a South Carolina General Partnership, upon the recommendation of the Architectural Control Board. 7. Setbacks and Building Lines: It is the intent of these requirements to be in compliance with the criteria and requirements of the zoning ordinance and other applicable laws and regulations of the City of Mt. Pleasant and when the within requirements are [i]nconsistent with those Ordinances, laws or regulations, the more restrictive shall control and apply. No building shall be closer than twenty (20 ) feet to the street or road upon which it faces, and no closer than 20 feet in the rear boundary line, and no building shall be closer to the side boundary lines than ten (10 )

21 feet on any of the lots herein referred to provided that on any not having a depth of less than one hundred fifty (150 ) feet, the minimum setback from the street upon which it faces shall be fifteen (15 ) feet; provided, further, that on corner lots, where the houses are not built parallel or perpendicular to either street, the undersigned may alter the front and side line restrictions so long as the house shall be at least twenty (20 ) feet back from one of the streets upon which it faces provided, further, however, that Harbour Creek Partnership, a South Carolina General Partnership, its successors or assigns, reserves the right to vary any or all the front/rear or side setback line of all lots in its sole discretion. [AMENDMENT] Provided further that as to lots in Section 1 of Oakhaven Plantation Subdivision the minimum setback shall be as follows: front or street side setback: 20 feet from the front lot line of said lot, rear setback: 20 feet from the rear boundary line, side setback 10 feet from side boundary lines of said lot. As to lots in Section 2 of Oakhaven the minimum setbacks shall be 30 from the front and rear property lines; and 10 feet minimum from the side property line, provided that side line setbacks total 25 feet. Provided further that, however, Harbour Creek Partnership, a South Carolina General Partnership, its successors or assigns, reserves the right to vary any or all the front, rear or side setback lines of said lost in its sole discretion as the circumstances may dictate. a. Minimums as to Waterfronts and Open Areas: No home shall be located nearer than forty (40 ) feet to the bank lines of the lakes or waterways. Any deviation must be approved, in writing by Harbour Creek Partnership, a South Carolina General Partnership, upon the recommendation of the Architectural Control Board. b. Flexibility: The minimum setbacks are not intended to engender uniformity of setbacks. They are mean to avoid overcrowding. It is the intent of Harbour Creek Partnership, a South Carolina General Partnership, that setbacks shall be staggered or otherwise modified where appropriate so as to preserve important trees; provide for vistas of water and open areas; or accommodate other circumstances, criteria, or conditions which in the opinion of the Developer may be applicable. c. Swimming Pools: Swimming pools shall be allowed only by written permission of the Architectural Control Board and shall not be nearer than ten (10 ) feet to any lot line (and must be located to the rear of the main dwelling) and shall not project with their coping more than two (2 ) feet above the established lot grade, except as approved, in writing, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] [the] Architectural Control Board, upon the recommendation of the Architectural Control Board. d. Walls and Fences: No fences, copings, retaining walls or billboards shall be erected or maintained on any of the said lots except as approved, in writing by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] [the] Architectural Control Board, upon the recommendation of the Architectural Control Board. [AMENDMENT ] Provided further that fences shall be constructed of material similar to that used on the exterior of the residence building. e. Subdivision of Lots: One or more lots or parts thereof may be subdivided or combined to form one single building lot when approved, in writing by Harbour Creek Partnership, a South Carolina General Partnership, upon the recommendation of the Architecture Control Board and, in such event, the building line requirements provided herein shall apply to such lots as resubdivided or combined.

22 f. Terraces, Eaves and Detached Garages: For the purpose of determining compliance or non-compliance with the foregoing building line requirements, terraces, stoops, eaves, wing-walls, and steps extending beyond the outside wall of a structure, shall not be considered as a part of the structure. No side yard shall be required for any detached garage or accessory outbuilding which has been approved, in writing, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT][the] Architectural Control Board, upon the recommendation of the Architectural Control Board; provided, all such detached structures must be to the rear of the main dwelling and must neither encroach within the easement areas herein provided for in paragraph 27, nor encroach upon the property of an adjacent owner or that reserved for open areas. 8. Review of Approval of Plans: No building, fence, wall or other structure shall be commenced, erected or maintained upon the properties, nor shall any exterior addition to or alteration therein be made until the plans and specifications showing the nature, kind, shape, height, materials and location of the same shall have been submitted to the Architectural Control Board and approved, in writing, as to harmony of external design and location in relation to surrounding structures and topography, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board. In the event Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, fails to approve or disapprove such design and location within thirty (30) days after said plans and specifications have been submitted to the Architectural Control Board in writing, or in any event, if no suit to enjoin the addition, alteration or change has been commenced prior to completion thereof, approval by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, will not be required. 9. Building Area Requirements: a. Plantation Lots: As to Lots designated as Plantation Lots in paragraph 1a. herein, the total living areas of the main structure located thereon, exclusive of open porches, portecocheres, garages, carports, and breezeways, shall be not less than sixteen hundred (1600) square feet, unless otherwise approved, in writing, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board. b. Marsh View Lots: As to Lots designated as Marsh View Lots in paragraph 1a. herein, the total living areas of the main structure located thereon, exclusive of open porches, porte-cocheres, garages, carports, and breezeways, shall be not less than two thousand (2000) square feet, unless otherwise approved, in writing by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board. c. [AMENDMENT] Landing Lots: As to lots 1 through 76, Section 1, also known as Landing Lots, the total living areas of the main structure located thereon, exclusive of open porches, porte-cocheres, garages, carports and breezeways, shall be not less than twelve hundred (1200) square feet, unless otherwise approved in writing by Harbour Creek Partnership, A South Carolina General Partnership, upon the recommendation of the Architectural Control Board. 10. Obstructions to View at Intersections: The lower branches of trees or other vegetation shall not [be] permitted to obstruct the view at intersections.

23 11. Delivery Receptacles: a. Receptacles for the receipt of mail shall be approved by the Post Office Department and, in writing, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board; said receptacles to be also erected in a manner approved, in writing, by Harbour Creek Partnership, a South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board. b. No receptacle of any construction or height for the receipt of newspapers or similarly delivered materials shall be erected or permitted to remain between the front street line and the applicable minimum building setback line. 12. Use of Outbuildings and Similar Structures: No structure of a temporary nature shall be erected or allowed to remain on any lot, and no trailer, camper, shack, tent, garage, barn or other structure of a similar nature shall be used as a residence, either temporarily or permanently; provided, this paragraph shall not be construed to prevent Harbour Creek Partnership, A South Carolina General Partnership, and those engaged in construction from using sheds or other temporary structures during construction. 13. Completion of Construction: Harbour Creek Partnership, A South Carolina General Partnership, its successors or assigns, shall have the right to take appropriate Court action to compel the immediate completion of any residence if not completed within one (1) year from the date of commencement of construction, unless otherwise approved, in writing by Harbour Creek Partnership, A South Carolina General Partnership, upon the recommendation of the Architectural Control Board. 14. Livestock: No animals, livestock or poultry of any kind shall be raised, bred or maintained on any lot, except household pets (in reasonable numbers) of the owners or occupants of the dwelling house thereon. Such household pets must not constitute a nuisance or cause unsanitary conditions or any undesirable situation to any neighboring property. 15. Offensive Activities: No noxious, offensive or illegal activities shall be carried on upon any lot, nor shall anything be done thereon which may be or become an annoyance or nuisance to the community. 16. Sign Boards: No sign boards of any description shall be displayed upon any lot, with the exception of signs for rent or for sale, which signs shall refer only to the premises on which displayed and shall be limited to one sign per lot. The sign must conform to the design which shall be furnished by Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon request. No billboards or other advertising signs shall be permitted. 17. Aesthetics, Nature Growth, Screening, Underground Utility Service: Trees which have a diameter in excess of six (6 ) inches, measured two (2 ) feet above the ground level, and distinctive flora shall not be intentionally destroyed or removed except with the prior approval, in writing, of Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board, without which the lot owner may be required, at his cost, to replace same.

24 Clotheslines, garbage cans, equipment, air conditioning units, woodpiles, or storage piles shall be screened to conceal them as completely as possible from the view of neighboring lots, roads, streets, the waterfront or open areas. All residential utility service and lines to residences shall be underground. All fuel tanks must be buried or walled from view as aforesaid. Plans for all screens, walls and enclosures must be approved, in writing, by Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board prior to construction. 18. Antenna: No radio or television transmission towers or antenna shall be erected or permitted to remain within the restricted property which can be seen from the street and only customary receiving antenna which shall not exceed ten (10 ) feet in height above the roof ridge line of any house shall be allowed. There shall not be located on any lot any type of free standing antenna. Satellite or other type dish antennas shall be allowed on any lot with approval by the Architectural Control Board, in writing, providing it is not visible from the front or side street; the Architectural Control Board may require screening prior to approval. 19. Boats, Boathouses, Docks, Piers, and Pilings: No boathouses, docks, piers, or wharves shall be constructed at or on any residential lot. No boats, rafts, canoe nor any other water craft, device, or floating or submerged article shall be allowed in the waterways, lagoons or other bodies of water located in Oakhaven Plantation. 20. Trailers, Trucks, School Buses, Boat Trailers: No house trailers or mobile homes, campers or other habitable motor vehicles of any kind, school buses, trucks or commercial vehicles, shall be kept, stored or parked overnight either on any street or on any lot, except within enclosed garages or within storage areas approved by Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association. 21. Unsightly Materials: No litter or other material of an unsightly nature, not natural to a well kept and sightly neighborhood, will be retained or allowed to remain on any of the said lots. If such litter or other materials is found on any of the said lots, the same will be removed by the lot owner, at the lot owner s expense, upon written request of Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association. Upon the failure of the said lot owner to remove such litter or other material within ten (10) days after written notice has been given Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, shall have the right to remove said litter or other material, and the expense of such removal shall be paid by the said lot owner. 22. Filling Waterways, Changing Elevations: No lot shall be increased in size by filling in the water it abuts. No lot owner shall excavate or extract earth for any business purpose. No elevation changes shall be permitted which materially affect surface grade of surrounding lots. 23. Sewage System: Sewage disposal shall be through municipal systems or other such systems servicing the lots herein described. 24. Water System: Water shall be supplied through a municipal system or other such system servicing the lots herein described.

25 25. Utility Facilities: Harbour Creek Partnership, A South Carolina General Partnership, reserves the right to approve the necessary construction, installation and maintenance of utility facilities, including but not limited to water, telephone and sewerage systems, within this proposed area, which may be in variance with these restrictions. 26. Place of Business: Harbour Creek Partnership, A South Carolina General Partnership, reserves the right to construct and maintain model houses in said community. 27. Easements: Easements for installation and maintenance of utilities and drainage facilities are reserved over ten (10 ) feet of each side line of each lot, ten (10 ) feet of each front line and over the rear ten (10 ) feet of each lot. Within these easements, no structure, planting or other material shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities. The easement area of each lot and all improvements in it shall be maintained continuously by the owner of the lot, except for those improvements for which a public authority or utility company is res[p]onsible. 28. Driveways and Entrance to Garage: The location and material content of the driveways must be approved, in writing, by Harbour Creek Partnership, A South Carolina General Partnership, upon the recommendation of the Architectural Control Board, prior to commencement of construction. The developer encourages the use of brick, crushed oyster shell, or coquina[a] in the driveways in order to convey a special desired effect in the subdivision. All driveways must lead either to the side or back of the garage for entering. No garages shall be entered from the front side, or the side facing the street, unless approved, in writing, by Harbour Creek Partnership, A South Carolina General Partnership, upon the recommendation of the Architectural Control Board. All driveways shall be connected to the street in a manner in accordance with the drawing and specifications attached hereto and made a part and parcel of these Restrictions. [AMENDMENT] The location and material content of the driveways must be approved, in writing, by Harbour Creek Partnership, A South Carolina General Partnership [AMENDMENT] Oakhaven Plantation Homeowners Association, upon the recommendation of the Architectural Control Board, prior to commencement of construction. All driveways shall be connected to the street in a manner in accordance with the drawings and specifications as approved pursuant to this section. 29. Streetlight: A monthly fee, as prescribed and approved by the South Carolina Public Services Commission, will be added to the electric bill of each lot owner for street lighting. 30. Mining: No lot or portion thereof shall be used for any mining, boring, quarrying, drilling, removal of or any other exploitation of subsurface natural resources, with the sole exception of subsurfac[e] water. 31. Air and Water Pollution: No use of any lot (other than normal use of residential fireplaces and residential chimneys) shall be permitted which emits pollutants into the atmosphere, or discharges liquid or solid wastes or other harmful matter into any waterway in excess of environmental standards applicable thereto, to be established by the Architectural Control Board, which standards shall at a minimum meet requirements of federal and state law and any regulations thereunder applicable to the property. No waste or any substance or materials of any kind shall be discharged into the lake or marshes within Oakhaven Plantation or adjacent thereto.

26 No person shall dump any garbage, trash or other refuse into any of the waterways on or immediately adjacent to the property. 32. Disposition of Trash and Other Debris: Trash, garbage or other waste shall be kept only in sanitary, covered containers. No Owner shall permit or cause any trash or refuse to be kept on any portion of a lot. Such closed, sanitary trash containers shall always be stored in such a manner that they cannot be seen from adjacent or surrounding property. No lumber, metals, bulk materials, refuse or trash shall be kept, stored or allowed to accumulate on any lot, except building materials during the course of construction for a period not to exceed six months, commencing from the first day of delivery of such materials for any approved structure, unless such materials are screened from view in a manner approved by the Architectural Control Board. During the course of construction, sites are to be kept free of unsightly accumulation of rubbish and scrap materials which shall not be allowed to blow in the wind. Trailers, shacks and the like are to be kept in a neat and orderly manner. No burning of any trash, leaves, grass, wood or other debris or litter shall be permitted on any lot. 33. Aesthetics, Natural Growth, Fences, Screening, Underground Utilities Services: Garbage cans, equipment, wood storage piles, etc. shall be walled in or otherwise screened to conceal them from the view of neighboring lots or streets. All residential utility service and lines to residences shall be underground. All fuel tanks must be buried or walled from view. Air conditioning units must be shielded from street view by planting. 34. Animals: No animals, reptiles, worms, rodents, birds, fish, livestock or poultry shall be raised, bred or maintained on any lot, with the exception that domestic dogs, cats, fish and birds inside bird cages, may be kept as household pets within any structure upon a lot, provided that they are not kept, bred or raised therein for commercial purposes or in unreasonable quantities. As used in these covenants, unreasonable quantities shall be deemed to limit the total number of all dogs and cats to two (2) per lot. [AMENDMENT] Each person bringing or keeping a pet upon any lands described on the plat of Oakhaven Plantation shall be absolutely liable to each and all other Owners, their family members, invitees, lessees, renters and contract purchasers, and their respective family members, guests or invitees for any damage to persons or property caused by such pet. All pets must be secured by a leash or lead at any time they are permitted off the owner s premises. Any dog owner shall be required to use a pooper scooper to clean up after his animal if he is defecating off his property. 35. Maintenance Required by Owner: Each Owner shall keep all lots owned by him, and all improvements therein or thereon, in good order and repair, including but not by way of limitation, the seeding, watering and mowing of all lawns and grounds, the pruning and cutting of all trees and shrubbery and the painting (or other appropriate external care) of all buildings and other improvements, all in a manner and with such frequency as is consistent with safety and good property management. Additionally, no lawns, grass, weeds, or underbrush shall be allowed to grow to a height exceeding six (6 ) inches on any lot at any time. Lots shall specifically include all easements on each lot. 36. Outside Drying: No clothing or other household fabrics shall be hung in the open on any lot unless the same be hung from an umbrella or retractable clothes hanging device which is removed from view when not in use and the same shall never be permitted to remain in use overnight.

27 37. Landscape Restrictions: No tree having a diameter of six (6 ) inches or more (measured from a point two feet above the ground level) shall be removed from any lot without the express written authorization of the Architectural Control Board. The Architectural Control Board shall further have the authority to require any Owner removing a tree in violation of this clause to replace same at his cost. 38. Prohibition Against Offensive Conduct or Nuisance: No noxious, offensive or unlawful activity shall be carried on upon any lot or other property, nor shall anything be done thereon tending to cause embarrassment, discomfort, annoyance or nuisance to the neighborhood or other Owners. There shall not be maintained any plants or animals, or any device or thing of any sort whose normal activities or existence will in any way diminish or destroy the enjoyment of other property in the neighborhood by the Owners thereof. No nuisance shall be permitted or maintained upon any portion of the property. 39. Parking Restrictions, Use of Garages and Yard Sales: No resident motor vehicle shall be parked or left on any street overnight or on any property shown on the plat of Oakhaven Plantation Subdivision, other than on a driveway or within a garage. No more than two resident vehicles may be simultaneously parked in any driveway. Garage doors shall remain closed at all times except when entering or exiting. Garage sales, patio sales, yard sales or similar activities are specifically prohibited at any time on any Lot. 40. [With amendment now applies to SECTION 1 (Landing Lots)] Other Vehicles and Trailer Parking: No trailer, trailer house, recreational vehicle, mobile home, motor home, or habitable motor vehicle of any kind, boat or boat trailer, school bus, truck (other than vans or pickups of three-quarter ton capacity or less) or any type of commercial vehicle shall be brought upon or parked, whether on any street, or on any lot (enclosed garages excepted) or on any other property within Oakhaven Plantation Subdivision unless such area has been specifically designated for such purposes by the Oakhaven Plantation Homeowners Association. This clause shall not be construed to prohibit a mere temporary standing or parking of a trailer, boat or a trailer house, recreational vehicle or motor home for short periods preparatory to taking same to some other location for use or storage. 40. [AMENDMENT for SECTION 2 (Plantation Lots and Marsh View Lots)] Other Vehicle and Trailer Parking: No trailer, trailer house, recreational vehicle, mobile home, motor home, or habitable motor vehicle of any kind, school bus, truck (other than vans or pickups of threequarter ton capacity or less) or any type of commercial vehicle shall be brought upon or parked, whether on any street, or on any lot (enclosed garages excepted) or on any property within Oakhaven Plantation Subdivision unless such area has been specifically designated for such purpose by the Oakhaven Plantation Homeowners Association. All boats shall be parked behind the rear of the main dwelling and shall be walled in or otherwise screened from view of any street within Oakhaven Plantation. No boats over twenty (20) feet in length shall be allowed on any lot or other property in Oakhaven Plantation (enclosed garage excepted). This clause shall not be construed to prohibit a mere temporary standing or parking of a trailer, boat or a trailer house, recreational vehicle or motor home for short periods preparatory to taking same to some other location for use or storage. 41. Documents: All papers and instruments required to be filed with or submitted to the Developer, the Association of the Architectural Control Board, shall be sent by certified mail c/o Harbour Creek Partnership, a South Carolina General Partnership, or its designee, at its office located at

28 802-C Coleman Boulevard, Mt. Pleasant, South Carolina 29464, or such other address as the Developer or the Association may hereinafter specify. 42. Basketball Goals, Volleyball Nets, Etc.: No basketball goals, volleyball nets, badminton nets, or similar additions may be permanently installed between the front street line and the rear building line of any lot; further, no such net, goal or other assembly should be allowed to remain overnight. [AMENDMENT] No basketball goals, volleyball nets, badminton nets, or similar additions may be permanently installed between the front street line and the front building line of any lot; further, no such net, goal or other assembly should be allowed to remain overnight. 43. Violation: If any person, firm or corporation shall violate or attempt to violate any provision of these covenants, it shall be lawful for any person, firm or corporation owning ay of the lots or having any interest therein, to prosecute any proceeding at law or in equity against the person, firm or corporation violating or attempting to violate the same, and either to prevent it or them from so doing or to recover damages or other dues for such violation. The party enforcing the covenants shall be entitled to recover attorney fees, court costs and out of pocket expenses if he prevails. In addition to the rights and remedies hereinabove enumerated, and not by way of limitation, if the Architectural Control Board determines that any provision of these covenants has been violated, the Architectural Control Board, may, at its discretion, seek appropriate relief at law or in equity to assure that the purposes of these covenants are fulfilled. The Developer of The Association, after having given fifteen (15) days notice to the Owner of any lot involved, setting forth the specific violation or breach of these covenants and the action required to be taken by the Owner to remedy such violation or breach, and if at the end of such time reasonable steps to accomplish such action have not been taken by the Owner, then the Developer or The Association can enforce these covenants by entering upon a lot to abate or remove any violation, and such entry shall not be deemed a trespass. Failure to enforce any one or more of these covenants shall not be deemed a waiver of the right to do so thereafter. Invalidation of any of these covenants shall in no way effect the validity or enforceability of the other covenants, which shall remain in full force and effect. 44. Compulsory Membership in Association: Every lot owner in Section 2, Oakhaven Plantation Subdivision, is required to remain a member of the Oakhaven Plantation Homeowners Association. Said Association shall be an eleemosynary corporation chartered with the Secretary of State of South Carolina whose function shall be the collection of compulsory annual assessments, and as a vehicle to assure that Oakhaven Plantation Subdivision shall be maintained in an attractive, slightly condition and to provide for such other benefits as defined by the Bylaws of the Association. The Bylaws of the Association shall be provided to each lot owner upon request. The Association shall be governed by its Bylaws which may be changed from time to time. [AMENDMENT] Every lot owner in Section 1 and Section 2, Oakhaven Plantation Subdivision, is required to remain a member of the Oakhaven Plantation Homeowners Association. Said Association shall be an eleemosynary corporation chartered with the Secretary of State of South Carolina whose function shall be the collection of compulsory annual assessments, and as a vehicle to assure that Oakhaven Plantation Subdivision shall be maintained in an attractive, slightly condition and to provide for such other benefits as defined by the Bylaws of the

29 Association. The Bylaws of the Association shall be provided to each lot owner upon request. The Association shall be governed by its Bylaws which may be changed from time to time 45. Vacation of Time Sharing Prohibited: No dwelling on any lot may be used for any vacation or time sharing plan as contemplated in Section , et seq., of the Code of Laws of South Carolina, 1976, as amended. 46. [AMENDMENT] Relocation of Streets and Revision of Plat: The Developer reserves the right unto itself, its successors and assigns, the right to revise, resubdivide, and change the size, shape, dimension and locations of lots owned by the Developer and these restrictions shall be applicable to the resulting lots; provided, however, that no such revision shall adversely affect the overall subdivision plan and that no lot shall have any area less than the smallest lot shown on the recorded subdivision plat. 47. These covenants are to run with the land and shall be binding on all parties and all persons claiming under them for a period of twenty-five years from the date these covenants are recorded, after which time said covenants shall be automatically extended for successive periods of ten (10) years unless an instrument signed by two-thirds (2/3) of the then owners of the lots has been recorded, agreeing to a change in said covenants either in whole or in part. 48. Enforcement shall be by proceedings at law of in equity against any person or persons violating or attempting to violate any covenant, either to restrain violation or to recover damages; action may be brought by Harbour Creek Partnership, A South Carolina General Partnership, or a property owner in the area. 49. Invalidation of any one of these covenants by judgment or Court order shall in no wise affect any of the other provisions which shall remain in full force and effect.

30 IN WITNESS WHEREOF, Harbour Creek Partnership, A South Carolina General Partnership, has caused these presents to be executed this 3 rd day of June, PERSONALLY appeared before me Mary C Hendricks who, being duly sworn, deposes and says, that (s)he saw the within named Harbour Creek Partnership, A South Carolina General Partnership, by its Partners, sign, seal and deliver the within said Restrictions, and that (s)he with David E Matthews witnessed the execution thereof.

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