COVENANTS AND RESTRICTIONS

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COVENANTS AND RESTRICTIONS The undersigned owners of property located within Eagle s Nest Subdivision, a recorded subdivision more particularly described at Map Book 6, Page 69, Map Book 6, Page 52, and Map Book 6, Page 43, official records of Putnam County, Florida, hereby, in exchange for mutual consideration, the sufficiency and receipt of which is hereby acknowledged, agree upon limitations, restrictions and uses to which the real property described in Schedule A attached hereto and incorporated by reference herein, shall be subject. The consideration for this declaration of restrictive covenants is found in the mutual benefits to be gained by the undersigned owners of property in the form of preservation of property value and protection from uses which are inconsistent with the nature and theme of the Eagle s Nest Subdivision and and/or of which may be inconsistent with that development which has already occurred there in. IT IS ACCORDINGLY HEREBY DECLARED THAT: 1. All residential construction on the subject property shall be of a conventional nature, and each residential unit shall consist of a minimum of 1500 square feet of living area. In conputing the 1500 square foot minimum requirement, garages, hangar, patios, and other outbuildings shall not be included in or utilized. 2. All plans of permanent improvements to be placed on the subject shall, prior to construction thereof, shall be approved by the Eagle s Nest Homeowners Association Inc., or it s assigns. 3. All homes or outbuildings shall observe the following setback requirements: Twenty (20) feet on the side boundaries and Forty (40) on the front and rear boundaries. The Forty (40) setback requirement shall be measured from the boundary line of any Sixty-six (66) foot easement area. 4. Any purchaser of property described within the attached Schedule A, his heirs or assigns, shall be required to become a member of the Eagle s Nest Homeowners Association, Inc., and any purchaser of property described within the attached Schedule A, his heirs or assigns, shall be required to remain a member of said Association and to do all things necessary to maintain said membership in good standing, including payment of maintenance fees or membership dues established by the Homeowners Association by a majority vote of it s members to cover the cost of maintenance of the various easement, facilities, and other facilities necessary for the benefit of said Homeowners Association. It is contemplated that the cost of maintenance of the various easements, facilities and other facilities for the benefit of the Homeowners Association shall be shared equally among the members of the Association without regard to whether the members actually reside on the property purchased, and without regard to whether said member utilizes said easement area or other available facilities. 1

5. No mobile homes or trailers shall be allowed on the property described within the attached Schedule A. However, a mobile home or trailer may be utilized, after the approval by the Eagle s Nest Homeowners Association, or it s assigns, for use during construction of a conventional residential unit. However, said residential unit must be completed within one (1) year from beginning of construction. 6. The covenants and restrictions contained herein shall be prospective only, and shall not be retroactively applied. 7. The covenants and restrictions contained herein may be enforced through any legal or equitable action permissible under the laws of the State of Florida, and any owner of property described within the attached Schedule A and/or the Eagle s Nest Homeowners Association, Inc., and/or any owner of property located within the Eagle s Nest Subdivision who is bound by covenants and restrictions substantially similar to those contained herein, shall have standing to enforce these covenants and restrictions. 8. These covenants and restrictions shall be binding and effective for an initial period of twenty (20) years from the date hereof, unless altered, modified, or repealed by a 3/4 majority of the owners of that property described within the attached Schedule A. After the expiration of twenty years from the date of this Agreement, the covenants and restrictions contained herein shall be automatically renewed for successive five (5) year periods unless and until they are modified, altered, or repealed by a ¾ majority of the owners of that property described within the attached Schedule A. 2

View of Eagle Nest. This photo was taken from south of the airpark looking north.

Lot for sale highlighted in red

Airpark circled in red (from Jacksonville sectional).

Eagle Nest lot map

Looking at the lot from road. This picture is from early 2017. The wood fence has now been replaced with a new 3-rail white vinyl fence. Runway is at the back of the lot, and the house with the blue roof is on the other side of the runway.

From the road, looking west at the lot.

From the lot, looking southwest. The seaplane is parked next to the runway. The lot next door is empty, and two lots down is a neighbor s hangar. The road is just out of the picture to the left.

View from the lot looking northwest. The grass runway is between the two houses, and you can see a glimpse of the lake behind the trees in the center of the photo

This is a view from the center of the lot looking back to the road. Note that the old wood fence that runs along the road has been replaced with a new 3-rail white vinyl fence a few months ago.

This is the view from the back of the lot looking north at the runway.

This is the view from the back of the lot looking south at the runway. On the ground, just to the left of the grass runway, is one of the runway lights for night operation. The plane parked off the runway is mine and is normally not sitting there. I flew in to take the photos and parked it on the empty lot south of my lot.

This is view from the back of the lot looking back east toward the road. This is the same old wood fence that has been replaced by a new 3-rail white vinyl fence.

From the back of the lot, looking southeast. You can see the neighbors empty lot where the plane is parked, the hangar two lots down, and the road and fence to the far left.

Another view from the back of the lot looking east towards the road (where the fence is). The white vinyl fence on the neighbor s lot at the far right is what the old wood fence was replaced with.

Another view of the runway looking south from the back of the lot.

Looking southwest from the lot, neighbors homes across the runway.

From back of lot, looking directly west at neighbor homes and hangar.

From back of lot looking north at grass runway and lighting system.

From back of lot looking north. Runway is on the far left, house is the neighbor to the north, and the road is where the fence is on the right.

Road in front of lot looking south.

Road in front of lot looking north. This is an older picture I grabbed from a web site showing the seaplane ramp (which is cement) coming out of the lake. You can taxi an amphib from the seaplane ramp to the runway, then to the lot.