modifications and/or exceptions to any of the covenants, conditions, restrictions or reservations contained in the Declaration; and,

WHEREAS, Article XII, Section 4, of the Declaration, provides that the Declarant, in its sole and absolute discretion, may annex and subject additional land to the Declaration; and,

WHEREAS, the Declarant desires to subject Section Two to the Declaration and to amend the Declaration as provided herein.

NOW, THEREFORE, in consideration of the premises, the sum of Ten Dollars, cash in hand paid, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Declarant hereby amends the Declaration as follows:

1.   The premises set forth above are incorporated herein by this reference.

2.   The Declarant hereby subjects all of Section Two to the covenants, conditions, restrictions, reservations, easements, charges and liens set forth in the Declaration, as amended hereby. The said covenants, conditions, restrictions, reservations, easements, charges and liens contained in the Declaration, as amended hereby, shall run with the title to the lots comprising Section Two and shall be binding on all parties having or acquiring any right, title or interest in the said land, or any part thereof, and shall inure to the nonexclusive benefit of each owner thereof.

3.   The term “Lake Facilities No. 2”, defined in Article I, Section 7, of the Declaration, shall include Lots 21 and 22, of Section Two.

4.   The term “Lake Two Lot”, defined in Article I, Section 10, of the Declaration, shall include Lots 21 and 22, of Section Two.

5.   The term “Properties”, defined in Article I, Section 14, of the Declaration, shall include all of the lots in Section Two.

6.   The term “Trail Easement”, defined in Article I, Section 15, of the Declaration, shall include the Trail Easement granted