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CC&R ARTICLE I: DEFINITIONS

Section 1. “Association” shall mean and refer to Riverpark Estates Homeowners Association, its successors end assigns.

 

Section 2. "0wner" shall mean and refer to the record owner, whether one or more persons or entities, of a fee simple title to any Lot which is a part of the Properties, including contract sellers, but excluding those having such interest merely as security for the performance of an obligation.

 

Section 3. "Properties" shall mean and refer to that certain real property hereinafter described, and such additions thereto as may hereinafter be brought within the jurisdiction of the Association.

 

Section 4. "Common Area" shall mean all real property (including the improvements thereto) owned by the Association for the Common use and enjoyment of the owners. The Common Area to be owned by the Association at the time of conveyance of the first Lot is' described as follows: All right-of-ways within the plat of Riverpark Estates as depicted on the recorded plat.

 

Section 5. "Lot" shall mean and refer to any plot of land shown on any recorded subdivision map of the Properties with the exception of the Common Area. 

 

Section 6. “Declarant" shall mean and refer to D. M. Young construction company, Inc., its successors and assigns if such successors or assigns should acquire more than one undeveloped lot from the Declarant for the purpose of development.