Amendment of Covenants. Edit page

It is expressly provided that the Developer, its successors or assigns, shall have the exclusive right for a period of ten (10) years from the date of recording the Plat for Hidden Meadow East, Section One to amend any or all of the restrictions or covenants herein contained; except that the Developer, its successors or assigns, shall not, during such ten (10) year period, increase the two hundred dollar ($200.00) limitation on the total dues and assessments which may be levied annually by the Hidden Meadow Homeowners Association, Inc., against any lot. Such amendments signed and recorded in the office of the Recorder of Elkhart County shall become effective upon such recording. This shall include the right to waive any part of the restrictions or conditions as to any particular lot. After three (3) years from the date of recording of the Hidden Meadow East, Section One Plat, these Restrictions and Limitations, including that provision of paragraph 24 which places a two hundred dollar ($200.00) maximum on the total dues and assessments which may be levied annually by the Hidden Meadow Homeowners Association, Inc., against any lot, may be amended at any time by the recording of such amendment executed by the Developer. Such amendment signed and recorded in the office of the Recorder of Elkhart County shall become effective upon such recording. This shall include the right to waive any part of the restrictions or conditions as to any particular lot.