11/21/1962 · · book 38 page 591 doc 7734@38/591

591 DEED RESTRICTIONS FOR FIVE SEASONS HIDE-AWAY CHARLESTOWN 112 INC. Five Seasons Hide-Away Charlestown 112 Inc., a corporation duly organized under the laws of the State of Rhode Island and having a usual place of business in the town of Charlestown, Rhode Island WITNESSETH that said grant or grantor hereby declares that said restrictions shall constitute covenants to run with the lots making up said parcel hereby described specifying that said restrictions shall bind said lots and all persons claiming under the land provided by law and shall be binding upon the grantees of said lots and all persons claiming under them, said restrictions to remain in full force and effect for the maximum period now permissible under the laws of the town, said restrictions are intended to be for the benefit of all the lots in said parcel hereby described and as shall be conveyed by subject to said restrictions by reference to this instrument by the grantor, and are imposed for the purpose of maintaining a residential park and to protect the value of said development. The Restrictions are imposed on the following lots or portions of lots or sections referred to in the above deed reported in Book [?] Page [?] , as shall be conveyed by the grantor subject to said restrictions by reference to this instrument. Conveyance of any lot or portions of any such lot by the grantor shall be subject to the restrictions hereinbefore set forth by the stipulation in said deed that the same is conveyed subject to the restrictions set forth in this instrument. The grantor specially reserves the right to exclude from the provisions of these restrictions any lot or portion of lots as the grantor in his discretion shall determine. RESTRICTIONS 1. No lot, whether improved or unimproved may be transferred, to be leased, or used for any purpose by a corporation, association, trust, club or group of more than two individuals. 2. No subdivision of a lot or lots as shown on said plan shall be permitted, except when any portion of any lot is used in connection with an adjacent lot. 3. For a period of five years from the date of the conveyance of any lot by the grantor, neither the grantees, their heirs, devisees, or assigns, nor either of them shall sell or convey any lot without first in writing offering the same to the grantor, his successors and assigns, at the then current market value beneficial to the grantor. If the grantor, his successors and assigns, shall not within thirty days after such offer shall allow the grantor, his successors and assigns, as above-mentioned to laut payment during forty days subsequent to such offer. This restriction shall not apply to conveyances given to any nearby institution, church, institution for the benefit of the poor, or to any charitable organizations or other bonafide lending institutions but shall apply to all conveyances to the equity of redemption in any lot. 4. Residences must not be set back a minimum of 25', from lot lines and a minimum of 10' from side or rear lotlines. Setbacks on the side street lotlines shall be a minimum of 20'. 5. No commercial operations of any kind, nor any nuisance of any kind shall be permitted on any lot except those lots designated for commercial use. 6. No lot shall be used as a dumping ground for rubbish. All trash or other waste shall be kept in sanitary containers, but said containers shall not be placed more than 3 feet from the residence. Should rubbish removal not be provided for by the township or municipality, then it must be carried away by the lot owner and buried or burned. 7. All septic tank sewer and water arrangements must conform with the minimum requirements of the State, local or other governmental sanitary codes or requirements. 8. No improvements shall be constructed within easement lines. 9. No outside toilets shall be installed or maintained on any premises all plumbing shall be connected to sanitary sewer or septic tank approved by the State and local government or health department. 10. No advertising or "For Sale" signs shall be placed on any premises in Five Seasons Hide-Away Charlestown 112, Inc. except those deemed necessary, i. e., s. doctors, lawyers, dentists, vife/written approval of Seller. 11. No noxious, offensive, unlawful, immoral, or unusual use shall be made of the premises. All covenants and restrictions shall be binding upon the purchaser or his successors and assigns, said covenants and restrictions are for the benefit of the above development. 12. All lots, or tracts, are subject to easements and restrictions to be recorded and are subject to any applicable zoning and regulations. 13. An assessment of $10.00 per year shall run against each lot or tract, in said development for the maintenance of the Parks, Beaches, and recreation area according to the rules and regulations of the seller. All accepted property owners, their heirs and members of their families shall have ingress and egress to all shared areas in common that which have written approval of sellers excepting any extraordinary recreational facilities which would require special membership dues and their fees. 14. No excavation or removal of trees, other than is necessary for the construction of a house and landscaping, unless approved by the seller, or its nominees. 15. The seller reserves easements across said premises for the construction of public utilities and drainage if necessary. Save for written approval of the grantor of sale of assignments, it is expressly understood that the person who inherits or purchases such interest will accept the recorded deed restrictions under the terms and restrictions herein. No tents, trailers or questons owned by individuals will be allowed at any time. All building plans must be approved by seller, consent not being arbitrarily held. BY: WILLIAM SHANNON (Corporate Seal) 5 SEASONS HIDE-AWAY CHARLESTOWN 112 Received for record November 21st, A. D. 1962 at 10:10 o'clock, a. m., and recorded by Town Clerk