These covenants, limitations and restrictions are to run with the land and shall be binding on all parties and all persons claiming under them until January 1, 2000, at which time said covenants, limitations and restrictions shall be automatically extended for successive ten year periods unless by vote of the majority of the owners of lots in this subdivision, it is agreed to change covenants, limitations and restrictions in whole or in part.

     If any owner of the lots herein, or their heirs or assigns, shall violate or attempt to violate any of the covenants, limitations or restrictions herein, it shall be lawful for any person or persons owning any real estate situated in this subdivision to register a protest by law or to prosecute any persons violating or attempting to violate any such covenants, limitations or restrictions, and either to prevent him or them from so doing or to recover damages or other dues for such violations.

     Invalidation of any one of these covenants, limitations and restrictions by judgment of Court order, shall in no wise affect any other provisions, which shall remain in full force and effect.

     1. No noxious or offensive trade or activity shall be carried on upon any lot nor shall anything be done thereon which may become an annoyance or nuisance to the neighborhood.

     2. No structure of a temporary nature or character such as a trailer, basement, tent, shack, barn, garage or other outbuilding shall be used on any lot at any time as a residence, either temporarily or permanently.

     3. No sign of any kind shall be displayed to the public view on any lot, except professional sign of not more than five square feet advertising the property for sale or rent, or signs used by a contractor to advertise the property during the construction and sales period.

     4. No animals, livestock or poultry of any kind shall be raised, bred or kept on any lot, except that dogs, cats or other household pets may be kept, provided they are not kept, bred or maintained for any commercial purposes.

     5. No lot shall be used or maintained as a dumping ground for rubbish, trash, garbage or other waste shall not be kept, except in approved sanitary containers. All incenerators or other equipment for the storage and disposal of such material shall be kept in a clean and sanitary condition.

     6. No building may be located nearer than fifteen feet to any adjacent side lot line.

     7. All residential structures will have a minimum cost of $35,000.00.

     8. Boat docks and/or fishing piers will extend into the lake to a length of 20 feet and have a width of 8 feet on top with 3 feet walkways on each side, with the exception of such boat docks or fishing piers located on community spillway area. Boat dock plans are available from developer.

     9. Fishing regulations will be determined by developers from time to time as the need arises.

    10. Swimming in the lake will not be permitted.

    11. All above covenants apply to all residential development in Lakewood Development.