DECLARATION OF RESIDENTIAL COVENANTS, CONDITIONS AND RESTRICTIONS FOR CRESTVIEW ESTATES SINGLE FAMILY RESIDENCES LOTS 1 THROUGH 162

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WHEN RECORDED RETURN TO Jerry P. Alt 1900 Hub Tower 699 Walnut Street Des Moines, IA 50309 Preparer Information Jerry P. Alt 1900 Hub Tower, 699 Walnut Street Des Moines, IA 50309-3773 (515) 288-0145 PK0004112 Individual's Name Street Address City Phone SPACE ABOVE THIS LINE FOR RECORDER DECLARATION OF RESIDENTIAL COVENANTS, CONDITIONS AND RESTRICTIONS FOR CRESTVIEW ESTATES SINGLE FAMILY RESIDENCES LOTS 1 THROUGH 162 KNOW ALL MEN BY THESE PRESENTS: THIS DECLARATION, made this day of, 2006. BEAVERBROOKE DEVELOPMENT COMPANY, an Iowa corporation, DECLARANT, of Dallas County, Iowa, being the owner of the following described premises: Crestview Estates Plat One, an Official Plat, now included in and forming a part of the City of Van Meter, Dallas County, Iowa, does hereby establish and place residential covenants, conditions and restrictions upon a part of said premises, namely, consecutively numbered Lots 1 through 162, inclusive, which shall be held, sold and conveyed subject to the following restrictions, covenants, and conditions, and which are for the purpose of protecting the value and desirability of said lots, and which shall run with the real estate and be binding on all parties having any right, title, or interest in the described properties or any part thereof, their heirs, successors, assigns, grantees, executors, administrators and devisees and shall inure to the benefit of each owner thereof.

I. DEFINITIONS. For the purpose of this Declaration, the following terms shall have the following definitions, except as otherwise specifically provided: A. Crestview Estates shall mean and refer to the real property located in the residential subdivision described above. B. Declarants shall mean and refer to the signatories hereto and their successors and assigns. C. Lot shall mean and refer to Lots 1 through 162 as shown upon the recorded plat of Crestview Estates. D. Building Plot shall mean and refer to one or more platted lots or one platted lot and portion or portions or adjacent stated lots in Crestview Estates. E. Owner shall mean and refer to the record owner, whether one or more persons or entities, of the fee simple title to any lot or building plot which is part of Crestview Estates. F. Outbuilding shall mean an enclosed covered structure not directly attached to the residence to which it is appurtenant. II. DESIGNATION OF USE. Lots 1 through 162 in Crestview Estates shall be known and described as residential lots and shall not be developed with more than one single-family dwelling on each, except for Lots 1 through 24 which will be bi-attached townhomes, and shall not be improved, used, or occupied for other than private residential purposes. No full time or part time business activity may be conducted on any lot or in any building or structure constructed or maintained on any lot in Crestview Estates, except model homes during the construction period. III. BUILDING TYPE AND AREA. A. No building or structure shall be constructed, altered, or maintained on any building lots other than a detached single family home, except Lots 1 through 24 which will be bi-attached townhomes. Each unit shall contain the following minimum square footage of above-grade living space exclusive of attached garages, breezeways and porches: 1. Lots 1 through 24 Bi-attached Townhomes a. One story dwelling, 1,000 square feet for each unit. b. Two story dwelling, 1,200 square feet for each unit.

c. Each unit must have an attached single car garage. 2. Lots 25 through 30 and Lots 60 through 76 - Single Family Lots a. One story dwelling 1,300 square feet. b. Two Story dwelling 1,500 square feet. c. Each dwelling must each have an attached two car garage. 4. Lots 31 through 59 and 77 through 162 Single Family Lots a. One story dwelling 1,450 square feet. b. Two story dwelling, 1,750 square feet. c. Each dwelling must have an attached two car garage. Any non-conforming building plans shall be submitted to Declarant for Declarant s approval or disapproval which shall be rendered in Declarant s sole subjective judgment. The Declarant may modify the square footage requirement from time to time in Declarant s discretion. B. No structure of any kind shall be moved onto any lot in this tract. C. All structures built in Crestview Estates shall blend in with the terrain rather than contrast with it. The use of natural materials is encouraged, i.e., stained wood, stone, brick, and warm-toned shingles, as well as soft, earth-tone colors. All exposed concrete block or concrete foundations shall be painted, brick veneered, or stone veneered. D. All accessory use type buildings (sheds, etc.) shall be constructed to match the architecture of the residence on that lot. No accessory structures shall be erected until plans have been first submitted and approved by the Declarant or its successor in interest. E. All residence shall have a minimum of an attached two-car garage. All driveways shall be constructed of portland cement concrete, or other hard surface materials. Each dwelling shall provide off-street parking for two cars, including space in garage. F. All fences shall be vinyl covered black chain link not exceeding forty-two (42) inches in height. Nothwithstanding the foregoing, the owners of Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, and 24 shall have the right to build a six-foot wooden fence on the rear lot line with the finished side facing Richland Road, subject to setback requirements. IV. ARCHITECTURAL CONTROL. A. In order to preserve the general design for the development of the whole of Crestview Estates as a fine residential section of Van Meter, no building of any kind, nor any addition thereto, shall be erected upon any building plot in Crestview Estates, unless the plan, design, building materials and location thereof shall have been first approved by the Declarant or 3

such person or persons or corporate entity designated by it for this purpose. Approval of a plan shall not be unreasonably withheld. In the event the Declarant or its designee does not respond in writing to approve or disapprove such plans, design, materials, location within 60 days from its receipt of the same, such plans, design, materials and location shall then be approved by Declarant. B. No boats, campers, nor other recreational vehicles may be parked and stored on a Building Plot except in a garage. C. No mobile or trailer-type homes will be allowed in the entire development, including future phases of Crestview Estates. No pre-manufactured homes will be allowed in Crestview Estates. D. All paving for driveways, patios, or storage areas shall extend no further than side yard building setback lines as established by zoning ordinances. V. LIVESTOCK AND POULTRY PROHIBITED. No animals, livestock or poultry of any kind shall be raised, bred or kept on any lot hereby restricted except that dogs, cats, and other common pets may be kept so long as they are not kept, bred or maintained for commercial purposes. In no event, however, shall more than two dogs or cats be maintained on any one building plot at any one time. Dogs must be either kept in the residence or in a shelter aesthetically compatible with the residence and surrounding areas, and dog runs, if any, must be completely screened from the view of the street and all neighbors with shrubbery. Dogs shall be kept in strict accord with the applicable leash ordinance of the City of Van Meter, Iowa. VI. EASEMENTS. Easements for installation and maintenance of utilities, drainage facilities, conservancy districts and walkways are reserved as shown on the recorded plat of Crestview Estates. The Owner or occupant of a building plot shall, at his expense, maintain, keep and preserve that portion of the easement within his property at all times in good repair and condition and shall neither erect nor permit erection of any building or structure of any kind, nor permit any growth of any kind within said easement which might interfere in any way with the use and maintenance of any of the utility services and drainage and usage of walkways located within the easements. VII. WEED AND EROSION CONTROL. The Owner and/or person in possession of each lot, whether vacant or improved, shall keep the same free of rubbish, weeds, and debris, and keep all lawns mown and, failing this, agrees that after receipt of written notice given by certified mail by the Declarant or by any property owner owning property within 500 feet of such lot, those weeds shall be cut, the lawn mown and such debris shall be removed within fifteen (15) days, failing which the Declarant or the property owner giving such notice, as the case may be, may enter upon the property to cut or cause to be cut such weeds, mow or cause to be mown the lawn, or to remove or cause to be 4

removed such rubbish and/or debris, and shall have a right of action against the Owner of such lot for collection of the cost thereof. Upon transfer of title, Owner agrees to comply with certain erosion control requirements as follows: a. Owner will take all necessary precautions to prevent, stabilize and/or control erosion on the property to prevent sediment migration and soil erosion from extending beyond the boundaries of the property, and in the event it occurs, to clean up all eroded sediment and to restore all affected areas to their original condition. b. Owner shall comply with all applicable federal, state and local erosion control ordinances and permits which pertain to the property. c. If the Declarant is cited for an alleged violation of any erosion control ordinance provision, which occurs after the closing, by a jurisdictional authority for a condition on or from the property, the Owner shall indemnify and hold the Declarant harmless from any and all claims, damages, fines, attorney fees, assessments, levies and/or costs incurred by the Declarant related to the citation. d. In the event Owner fails to comply with the provisions of this paragraph, the Declarant or its successors and assign shall have the right to conduct any action provided for in this paragraph and recover from the Owner all costs involved as set forth in this paragraph, including attorney fees. VIII. NUISANCES. No noxious or offensive activity or odors shall be permitted on or to escape from any lot, nor shall anything be done thereon which is, or may become an annoyance or nuisance, either temporarily or permanently. IX. LANDSCAPING AND SIGHTLINES. A. No hedge or shrub planting which obstructs sightlines at elevations between two (2) and ten (10) feet above the roadways shall be placed or permitted to remain on any corner lot within the triangular area formed by the street property lines and a line connecting them at points twenty-five feet (25 ) from the intersection of the street lines, or in the case of a rounded property corner within the triangular area formed from the intersection of the street property line with the edge of a driveway. No trees shall be permitted to remain within such distance of such intersection unless the foliage line is maintained at a sufficient height to prevent obstruction of such sightlines. B. Any material deviation in construction, from the approved plans on any building plot, which, in the judgment of Declarant is a substantial detriment to the appearance of the 5

structures located in the surrounding area, shall be corrected to conform to the approved plans at the expense of the owner of that building plot. C. At a minimum, all landscape and site plans must provide that all front yards be sodded with nursery quality sod, except where topography does not permit such sodding. X. BUILDING TYPE AND AREA. A. No above ground (or non-permanent) swimming pools shall be permitted. B. Acceptable roofing materials are slate, tile, cedar shingles, cedar shakes, standing seamed copper, and heavy asphalt shingles. Asphalt shingles shall have a minimum weight of 250 pounds per square. Shingles shall be of a style and construction so as to create shadow and texture similar to shakes or slate. C. All dwellings must have, at a minimum, an attached two-car garage with a driveway having a concrete surface and a minimum width of 16 feet. XI. RUBBISH CONTAINERS. No rubbish containers or garbage cans shall be permitted to be placed on a building plot unless hidden by an attractive screen of suitable height, or unless sunken to ground level in a hole lined with permanent cribbing. No rubbish container or garbage can shall be visible from the street except on pick-up day and one day before and one day after pick-up day. XII. TOWERS AND ANTENNAS. Any antenna designed to receive direct broadcast satellite service ( DBS ) that is more than one meter in diameter is prohibited. Any antenna designed to receive video programming services via multi-point distribution services, including multi-channel multi-port distribution services ( MMDS ) that is more than one meter in diameter or diagonal measurement is prohibited. Any antenna designed to receive analog television broadcast signals ( TVBS ) shall be attached to the single family home. Any DBS antenna, MMDS antenna, or antenna designed to receive digital television broadcast signals ( DTV ) shall be attached to the single family home. Any DBS, MMDS, DTV, or TVBS antenna shall be made of materials or painted to blend into the background on which it is mounted; provided that the antenna can receive an acceptable quality signal. No other exterior towers or antennas shall be constructed, installed, modified or permitted on the ground, on dwellings, on garages or on any permitted outbuildings. XIII. FENCES. No fences or other structures may be built or maintained within the front building setback areas as shown on the Plat as recorded and no fences shall be built or maintained in the front of the front line of the residential dwelling extended to the side lot lines. 6

XIV. TEMPORARY STRUCTURES OR EQUIPMENT. No building or structure of a temporary character and no trailer, basement, tent, shack, garage or outbuilding shall be used at any time as a residential dwelling on any building plot, either temporarily or permanently. All boats, campers and other recreational vehicles shall be parked or stored in a garage. XV. COMMERCIAL ACTIVITY PROHIBITED. No home occupation business nor any commercial activity shall be conducted on any lot, except as permitted by the Van Meter Zoning Ordinances. Notwithstanding any provisions or restrictions contained in this Declaration to the contrary, Declarant and its agents, employees, successors and assigns may maintain and carry on such facilities and activities as may be reasonably required, convenient or incidental to the sale, development or improvement of any lot, including without limitation, the installation and operation of sales and construction trailers and offices, signs and model dwellings. The right to maintain and carry on such facilities and activities shall include specifically the right to use dwellings as model residences or as an office for the sale of lots and related activities. The location of any construction or office trailers of Declarant s assignee shall be subject to Declarant s approval. XVI. SIGNS No sign of any kind or description shall be placed, exposed to view or permitted to remain on any lot or any street adjacent thereto, except street markers, traffic signs, and other signs displayed by the City of Van Meter or by other governmental units, and except signs which have been approved by Declarant or its authorized agent not exceeding 144 square inches in area upon which there shall only be exhibited the street number or name, or both, of the resident. In the event that any sign, other than those described above, shall be placed or exposed to view on any of the lots restricted hereby, the officers or agents of the Declarant are hereby given the right to enter upon those lots and permitted until such development is completed. Signs not exceeding 1,296 inches square in size, to show property for sale shall be permitted. XVII. MANDATORY COMPLETION DATE. Any requirement with regard to building structures, accessory use buildings, driveways, sod or any other required action with regard to improvement to the property or the land under the terms of these Covenants or the Van Meter City Code must be completed within one year from the date that the closing occurs between the declarant and the purchaser or six months from the date of the issuance of the building permit on the lot, whichever occurs first. XVIII. ENFORCEMENT OF COVENANTS. The Covenants shall be deemed to run with the land to which they apply, and the Declarant and/or Owner of any of such real estate may bring an action in any court of competent 7

jurisdiction to enforce these Covenants and enjoin their violation or for damages for the breach thereof, or for any other remedy or combination of remedies recognized at law or in equity. XIX. AMENDMENTS TO COVENANTS. A. These Covenants may be amended from time to time by declarant and only the declarant or declarant s assigns in the event the declarant makes a specific assignment of the right to amend the Covenants. B. No amendment shall be made to Article XI; Article XIII; and Article XIV, without the express written consent of the City of Van Meter, Iowa. C. Any dog run, trash receptacle, tool shed, or other out structure of like nature, shall be properly screened by privacy fence and shrubbery which must be approved by Declarant or its authorized agent. Swimming pools, tool sheds or other accessory structures or improvements shall not extend farther than the front line of the residence extended to the side lot lines and shall not be located within 20 feet of any side or rear lot line. XX. PERIOD OF COVENANTS. All of the foregoing covenants, Conditions and Restrictions shall continue and remain in full force and effect at all times as to the property hereinabove described and as to the Owners of any lot in such premises, regardless of how title was acquired, until May 1, 2035, on which date these Covenants, Conditions and Restrictions shall terminate and end and thereafter be of no further legal or equitable effect on such premises or any Owner thereof; provided, however, that these Covenants, Conditions and Restrictions shall automatically be extended for two successive periods of five (5) years, unless on or before the end of the base period, or the first extension period, the Owners of not less than three-fourths of the lots subject hereto shall, by written instrument duly recorded, declare a termination of same. XXI. ENFORCEABILITY AND WAIVER. A. In the event that any one or more of the foregoing Covenants, Conditions or Restrictions shall be declared for any reasons by a court of competent jurisdiction to be null and void, such judgment or decree shall not in any manner whatsoever affect, modify, change, abrogate, nullify any of the Covenants, Conditions and Restrictions not so expressly held to be void which shall continue unimpaired and in full force and effect. B. All property subject hereto shall also be subject to any and all rights and privileges of the City of Van Meter, Iowa and/or Dallas County, Iowa, acquired or hereafter acquired by said City or County by dedication, conveyance, filing or recording of plats or covenants as authorized by law. Wherever there is a conflict as between these Covenants and/or the zoning ordinance or law of the City, County, or State within which the subject property is most restrictive shall be binding. 8

XXII. INDEMNIFICATION. Each lot owner by acceptance of a deed thereto, its successors or assigns, agrees to defend, indemnify, protect and save harmless the City of Van Meter, Iowa, and its political subdivisions, including any of its officers, employees, or agents, from and against any and all liability, losses, damage, injury, costs, settlements, judgments, awards, claims, or expenses or other things whatsoever, including attorney s fees or disbursements, arising out of, or in connection with, any acts of negligence, causes, omissions, fault, misconduct, claims, damages, suits or other actions developed, brought or asserted by any person, firm, corporation, entity or estate, or to any property of any person, firm, corporation, entity or estate, against said City by reason of, in connection with, related to or growing out of, directly or indirectly, the duties and responsibilities which are imposed upon the owners, its successors and assigns, with respect to the obligations under these Declarations or with respect to their acts and duties imposed by the final development plan as approved by the Van Meter City Council. IN WITNESS WHEREOF, Beaverbrooke Development Company, Declarant, has caused this instrument to be executed by on the day of, 2006. BEAVERBROOKE DEVELOPMENT COMPANY Charles Gabus, President STATE OF IOWA : : SS. POLK COUNTY : This instrument was acknowledged before me on the day of, 2006 by Charles H. Gabus, as President of Beaverbrooke Development Company, an Iowa Corporation. Notary Public in and for the State of Iowa 9