DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS

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; # 2011026553 BK 06323 PCS 0&31-0636 PG(s)& RECORDED OE/H/SOll 03:49-14 PM RICHARD H UEISS, CLERK OF COURT POLK COUNTY RECORDING FEES 52.50 RECORDED BY S Uetzel This instrument prepared by: Joe L. Saunders 5529 U.S. 98 North Lakeland, PL 33809 DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS K J VENTURES, L.L.C., a Virginia Limited Liability Company, hereinafter referred to as "Declarant or developer", is the owner in fee simple of certain real property located in Polk County, Florida, as described in the attached legal description as: ESTATES AT LAKE BUFFUM, an unrecorded subdivision. For the purpose of enhancing and protecting the value, attractiveness and desirability of the lots or tracts constituting such subdivision, Declarant hereby declares that all of the real property described above and each part thereof shall be held, sold, and conveyed only subject to the following easements, covenants, conditions, and restrictions, which shall constitute covenants running with the land and shall be binding on all parties having any right, title, or interest in the above-described property or any part thereof, their heirs, successors, and assigns, and shall inure to the benefit of each owner thereof. ARTICLE I. DEFINITIONS SectionJ. "Declarant" shall mean ESTATES AT LAKE BUFFUM, and its successors and assigns. The terms owners or developers shall also mean the same as Declarant, Section 2. "Lot Owner" shall mean the recorded owner or lease holder, whether one or more persons or entities, of a fee simple title to any lot which is a part of the subdivision, and shall include contract sellers, but shall not include those holding title merely as security for performance of an obligation. Section3. parcels or lots. "Subdivision" shall mean the subdividing of the described into smaller ARTICLE II. RESTRICTIVE COVENANTS AND CONDITIONS Section 1. Residence-Lots. All homes shall be either modular homes or conventional uuilt homes. Section 2. Any variation to this must have approval in writing by the developer and/or owners, their heirs or assigns at their sole discretion. Book8323/Page631 CFNS2011026553 Page 1 of 6

Section3. Developer must approve the plans and specifications for any home to be built or placed in this subdivision prior to commencement of construction or placement. Section 4. No business activity shall be conducted or carried on in connection with the residential unit of any one lot other than the renting of the dwelling unit contained thereon. Further, no signs or any character may be exhibited or displayed upon any lot except for the purpose of advertising the property for sale or rent; or signs used by a builder, subcontractor or financial institution during the period of improvement construction; or a sign of a reasonable display area tastefully identifying the owner of the residence. Signs must be no larger than 18 x 24 except if approved by the developer, its successors or assigns. Section 5. No lot may contain more than one (1) single family dwelling, unless written approval is given by the developer and the county. Each lot may contain one site built conventionally constructed single family dwelling. Each single family dwelling may not exceed two stories in height nor contain less than a minimum of 1200 square feet of area measured by outside dimensions exclusive or garages, carports, screened or unscreened porches and covered walkways, breezeways and approaches. Section 6. Unless approved in writing by the Declarant or its heirs or assigns, no building structure of any sort may be moved onto any lot. Any single family dwelling, constructed on any lot shall be of new material, No tent, garage, outbuilding, shed or campervan shall be used as temporary or permanent residence. All homes must be maintained in good repair and kept painted and cleaned. All homes, sheds, garages, outbuildings or the like shall be constructed of new materials and kept painted and repaired at all times. All structures shall be completed within one year from commencement of construction. Section 7. No part or portion of any single family dwelling house, garage or outbuilding on any lot shall be erected closer to any property line setback requirement that may be at the time of said erection imposed or imposable by applicable zoning ordinances affecting said property by the County of Polk, Florida, under RC zoning classification. Section 8. All above ground containers for garbage and trash shall be permanently housed so as not to be seen from the front of the property; said containers to be covered at all times and emptied regularly as to prevent litter and odor offensive to other residents. There shall be no open garbage pits nor shall garbage or trash be burned in a manner and location so as to be a nuisance to the neighboring property or properties. Book8323/Page632 CFN#2011026553 Page 2 of 6

Section 9. All motor vehicles located on each lot shall carry a current years license tag and registration. No junk cars, salvage or storage of any kind shall be allowed on any lot unless housed in an enclosed garage or barn so as not to be seen by neighboring lot owners. No semi-tractor or tractor trailer may be parked on any parcel or tract at any time. Section 10. No livestock, poultry or other farm animals of any kind shall be raised, bred, or kept on any lot except as hereafter noted. Dogs, cats and other household pets may be kept on a lot provided that they are not raised, kept, bred or maintained for commercial purpose. In addition, all animals must be properly housed, fenced and contained so as not to be a nuisance to adjacent lot owners or the neighborhood in general. No agricultural activities shall be permitted on a lot which results in the retail sale of agricultural products. Section 11. Horses and cows will be allowed on Lot 5. Other agricultural uses may be approved by the developer, its successors and assigns. Section 12. No lots without a residence constructed thereon shall be used for parking purposes. The integrity of the drainage design of the subdivision must be maintained and no lot owner shall impair or divert drainage structures and/or easements within the subdivision. Each lot owner shall be responsible for lot and yard maintenance and shall, whether or not improvements have been constructed thereupon, maintain the upkeep thereof, keeping the same free of debris and trash, unsightly weeds and litter. Lot owners are responsible for vegetative maintenance of ditches and other drainage structures adjoining their lots. Section 13. No building or improvements which have been partially or totally destroyed by fire or other casualty shall be allowed to remain in such state for more than three months from the time of such destruction. If not reconstructed or repaired within three months, the owner shall raze and remove the building or improvement upon the lot and such action shall be diligently and continuously pursued until completed by a lot owner and may not be abandoned without completion. Section 14. No lot or portion of any lot shall be used for access to any neighboring property without the express written notarized consent of the developer, its successors and assigns. Section 15. No noxious activity, trade or business of any sort shall be carried on upon any lot; nor shall anything be done thereon which may be or become an annoyance or nuisance to the neighborhood; not shall any use be made of any lot that will in any way injure the value of any adjoining lot, the surrounding property or the subdivision as a whole. Hobby activities, race cars, tractors, heavy equipment, and other items other than cars and permitted trucks must be housed in an enclosed barn or fenced from view by the surrounding neighbors. Book8323/Page633 CFN#2011026553 Page 3 of 6

Section 16. The Declarant and/or its assigns reserves the right to dedicate public utility and/or drainage easements along the perimeter of any lot. Additionally, the Declarant may modify these Restrictive Covenants and Conditions as to any or all of said lots within four (4) years from the date hereof; provided, however, that said lots affected by said modification shall be those at the time still owned by the Declarant. Section 17. A lot owner (or one residing on the lot) must apply for and receive a permit and/or written approval from the appropriate authority or agency having jurisdiction (such as the Southwest Florida Water Management District, DEP, mortgage holder, etc.) prior to initiation of any filling, excavating, clearing, etc. on a lot. Section 18. No timber, dirt, minerals or their by-products shall be removed from the property until the purchase price of the lot is paid in full. Section 19. These restrictions may be amended at any time by the Owners in case of hardship so long as the amendment does not dilute or weaken the intent or purpose of these restrictions. Section 20. In the event suit is brought to enforce these restrictions, the losing party shall be responsible for all court costs and a reasonable attorney's fee incurred by the prevailing party. Section 21. Developer shall undertake the work of developing all lots included within the subdivision. The completion of that work, and the sale, rental, or other disposition of residential units is essential to the establishment and welfare of the subdivision as an ongoing residential community. In order that such work may be completed and the subdivision be established as a fully occupied residential community as soon as possible, nothing in this declaration shall be understood or construed to: (a). Prevent Developer, or the employees, contractors, or subcontractors of Developer or Developer's transferees from doing on any part or parts of the subdivision owned or controlled by Developer or their representatives, whatever they determine may be reasonably necessary or advisable in connection with the completion of such work; or (b). Prevent Developer, or the employees, contractors, or subcontractors of Developer or Developers transferees from constructing and maintaining on any part or parts of the Subdivision property owned or controlled by the Developer or their representatives, such structures as may be reasonably necessary for the completion of such work, the establishment of Book8323/Page634 CFN#2011026553 Page 4 of 6

the subdivisions as a residential community, and the disposition of lots by sale, lease or otherwise, including, but not limited to, model homes and sales offices; or (c). Prevent Developer or employees, contractors, or subcontractors of Developers from conducting on any part or parts of the subdivision property owned or controlled by Developer or their representatives, the business of completing such work, of establishing the subdivision as residential community, and disposing of lots by sale, lease or otherwise, or building or maintaining storm water retention areas & conveyances; or (d). Prevent Developer or employees, contractors, or subcontractors of Developer from maintaining such sign or signs on any of the lots owned or controlled by Developer which may be necessary in connection with the sale, lease or other disposition of subdivision lots. ARTICLE III. GENERAL PROVISIONS Section 1. Enforcement. Developer, the owners, or any lot or parcel owner shall have the rights to enforce, by any proceeding at law or in equity, all restrictions, conditions, covenants, assessments, reservations, liens, and charges now or hereafter imposed by the provisions of this declaration. Failure by Developer, or by any owner to enforce any covenant or restriction herein contained shall in no event be deemed a waiver of the right to do so thereafter. Section 2, Severabilitv. Invalidation of any one of these covenants or restrictions by judgment or court order shall in no way affect any other provision, which shall remain in full force and effect. Section 3. Amendments. Covenants and restrictions of this declaration may be amended by the vote of 51% of the lot or parcel owners and the consent of the Declarants or their heirs or assigns. Section 4. Subordination. No breach of any of the conditions herein contained shall render invalid the lien of any mortgage made in good faith and for value as to the subdivision or any lot therein; provided, however, that such conditions shall be binding on any lot owner whose title is acquired by foreclosure, trustee's sale or otherwise. Section 5, Duration. The covenants and restrictions of this declaration shall run with and bind the land, and shall inure to the benefit of and be enforceable by the owners thereof for a period of thirty (30) years from the date hereof. Thereafter, they shall be automatically extended for additional periods often (10) years unless otherwise agreed to in writing by then owners of at least three-quarters (3/4) of the Subdivision lots. Book8323/Page635 CFN#2011026553 Page 5 of 6

This instrument prepared by: Richard A. Miller, Esquire/Ida MILLER, CROSBY & MILLER, P.A. Post Office Box 8169 Lakeland, Florida 33802-8169 FIRST AMENDMENT TO DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS Declarant, as owner of more than 51% of the lots and pursuant to Article III, Section 3 of the Declaration of Covenants, Conditions and Restrictions ("Restrictions") of ESTATES AT LAKE BUFFUM, an unrecorded subdivision, hereby amends the Restrictions as follows: 1. Article II, Section 11, is deleted in its entirety and replaced by the following: Section 11. Horses and cows will be allowed on all lots. Other agricultural uses may be approved by the developer, its successors and assigns. The remaining provisions of the Restrictions shall remain in full force and effect. M# Executed at Lakeland, Polk County, Florida, this / ^.-day of April, 2011. Signed, sealed and delivered in the presence of.or* K J VENTURES, L.L.C., a Virginia Limited Liability Company By: C e L. Saunders, Manager

STATE OF FLORIDA COUNTY OF POLK BEFORE ME, the undersigned authority, personally appeared Joe L. Saunders as Manager of K J VENTURES, L.L.C., a Virginia Limited Liability Company, herein known as Developer, to me known to be the person in and who executed the foregoing instrument with full authority of the Developer. WITNESS, my hand and seal in the county and state aforesaid, on this *r 'day of April, 2011. blic - State of Florida Q:\LLCompanies\Estates at Lake BuffurrAAmendment to Restrictions.doc LINDA D.AYCOCK 3^. MY COMMISSION #00923665, :,l FypinFS 1 September 11,2013 Bonded Thru Natty Wic Undemrters ' '