Pg. 1 - Declaration of Covenants, Conditions and Restrictions for Fieldstone

Pg. 2 - ARTICLE I. Name

Pg. 3 - ARTICLE II. Definitions

Pg. 4 - Property Rights, Easements and Encroachments

-       Section 3.1 Owners' Easements for Enjoyment of Common Area

-       Section 3.2 Delegation of Use

-       Section 3.3 Certain Obligations and Access Rights to the Common Area

-       Section 3.4 General Drainage, Utility, Sewer and Other Development Easement

-       Section 3.5 Easement for Emergency Purposes

-       Section 3.6 Fee Title to Lot

-       Section 3.7 Designated Drainage, Utility, and Sewer Easements

-       Section 3.8 Designated Mounding, Landscaping and Screening and Sign Easements

-       Section 3.9 Street Dedication

-       Section 3.10 Easement Work

-       Section 3.11 No Access

-       Section 3.12 Reservation of Right to Grant Easement

Pg. 9 - ARTICLE IV. Association Membership, Voting Rights, Board of Directors and Professional Management

-       Section 4.1 Membership

-       Section 4.2 Classes of Membership and Voting Rights

-       Section 4.3 Board of Directors

-       Section 4.4 Professional Management

Pg. 10 - ARTICLE V. Covenant for Maintenance Assessments

-       Section 5.1 Creation of the Lien and Personal Obligation of Assessments

-       Section 5.2 Purpose of Regular Yearly Assessments

-       Section 5.3 Maximum Regular Yearly Assessments

-       Section 5.4 Special Assessments for Capital Improvements and Operating Deficits

-       Section 5.5 Quorum

-       Section 5.6 Uniform Rate of Assessment

-       Section 5.7 Date of Commencement of Yearly Assessments: Due Dates

-       Section 5.8 Effect of Nonpayment of Assessments: Remedies of the Association

-       Section 5.9 Subordination of the Lien to Mortgages: Sale or Transfer

Pg. 12 - ARTICLE VI. Use, Restrictions, and Architectural Control

-       Section 6.1 Lot Use and Conveyance

-       Section 6.2 Architectural Control

-       Section 6.3 Leasing

-       Section 6.4 Animals

-       Section 6.5 Outside Storage

-       Section 6.6 Setback Lines

-       Section 6.7 Side Setbacks

-       Section 6.8 Temporary Structures and Outbuildings

-       Section 6.9 Motor Vehicle Repair

-       Section 6.10 Nuisances

-       Section 6.11 Permitted Uses

-       Section 6.12 Drains

-       Section 6.13 Number of Dwelling Units

-       Section 6.14 Residential Use

-       Section 6.15 Size

-       Section 6.16 Unsightly Growth

-       Section 6.17. Site Visibility

-       Section 6.18 Semi-tractor trucks, trailers. etc

-       Section 6.19 Sign Limitations

-       Section 6.20 Lakes, Lake Areals

-       Section 6.21 Rules and Regulations

-       Section 6.22 Development and Sale Period

-       Section 6.23 Use of Lots Outside the Dwelling Unit

-       Section 6.24 Mailboxes

-       Section 6.25. Yard Lights

-       Section 6.26. Exterior Lighting

-       Section 6.27. Outdoor Equipment

-       Section 6.28. Brick Content of Homes

-       Section 6.29. Fences

-       Section 6.30. Basketball Goals

Pg. 17 - ARTICLE. VII. Maintenance, Repairs and Replacements

-       Section 7.1 By Owners

-       Section 7.2 Common Properties and Lawns by the Association

-       Section 7.3 Additional Responsibilities ofOwners

-       Section 7.4 Association's Easement for Access

Pg. 18 - ARTICLE VIII. Insurance

-       Section 8.1 Liability Insurance

-       Section 8.2 Fidelity Bonds

-       Section 8.3 Miscellaneous Insurance Provisions

-       Section 8.4 Casualty and Restoration

-       Section 8.5 Insufficiency of Insurance Proceeds

-       Section 8.6 Surplus of Insurance Proceeds

Pg. 19 - ARTICLE IX. Mortgages

-       Section 9.1 Mortgagee Rights

-       Section 9.2 Notice to Mortgagees

-       Section 9.3 Condemnation and Insurance Awards

-       Section 9.4 Unpaid Dues or Charges.

Pg. 20 - ARTICLE X. General Provisions

-       Section 10.1 Right of Enforcement

-       Section 10.2 Severability and Waiver

-       Section 10.3 Amendment

-       Section 10.4 Restrictions Run with Land; Term

-       Section 10.5 Assignment

-       Section 10.6 Condemnation. Destruction or Liquidation

Pg. 1 - ARTICLES OF INCORPORATION OF FIELDSTONE HOMEOWNERS ASSOCIATION, INC.

Pg. 1 - ARTICLE I. Name

Pg. 1 - ARTICLE II. Definitions

Pg. 3 - ARTICLE III. Purpose and Powers

-       Section 3.01. Purpose

-       Section 3.02. Additional Purposes

-       Section 3.03. Specific Powers

-       Section 3.04. Limitations Upon Powers

Pg. 6 - ARTICLE IV. Period of Existence

-       Section 4.01 Period of Existence

Pg. 6 - ARTICLE V. Registered Agent and Registered Office

-       Section 5.01 Registered Agent

-       Section 5.02 Principal Office

Pg. 6 - ARTICLE VI. Membership

-       Section 6.01. Classes of Membership

o   (a) Class A

o   (b) Class

-       Section 6.02. Voting Rights.

o   (a) Class A Members

o   (b) Class B Members

o   (c) Casting of Votes

o   (d) Tabulation of Votes

-       Section 6.03. Termination of Membership

o   (a) Class A Members

o   (b) Class B Member

-       Section 6.04. Suspension of Membership Rights

-       Section 6.05. Meetings of Members

-       Section 6.06. No Preferences, etc.

Pg. 7 - ARTICLE VII. Directors

-       Section 7.01. Number of Directors

-       Section 7.02. Names and Post Office Addresses

Pg. 8 - ARTICLE VIII. Incorporator

Pg. 8 - ARTICLE IX. Statement with Respect to Property

8 - Pg. ARTICLE X. Provision for Regulation and Conduct of the Affairs of the Corporation

-       Section 10.01. Management of Corporation

-       Section 10.02. Code of By-Laws

-       Section 10.03. Officers

-       Section 10.04. Initial Board

-       Section 10.05. Term of Office of Directors and Officers

-       Section 10.06. Removal of Member of the Board of Directors

-       Section 10.07. Amendment of Articles of Incorporation

-       Section 10.08. Non-Liability

-       Section 10.09. Consent Resolutions

-       Section 10.10. Liability to the Corporation

-       Section 10.11. Indemnification

-       Section 10.12. Conflicting Provisions

Pg. 12 - ARTICLE XI. Distribution of Assets on Dissolution or Final Liquidation

Pg. 1 - BY-LAWS OF FIELDSTONE OWNERS ASSOCIATION, INC.

Pg. 1 - ARTICLE I. GENERAL

Pg. 1 - ARTICLE II. DEFINITIONS

Pg. 2 - ARTICLE III. MEMBERSHIP AND VOTING RIGHTS

-       Section I. Membership, Transfer, Voting Rights

-       Section 2. Quorum

-       Section 3. Proxies

-       Section 4. Majority Required

-       Section 5. Meetings

Pg. 4 - ARTICLE IV. NOMINATION AND ELECTION OF DIRECTORS

-       Section I. Nomination

-       Section 2. Election

Pg. 4 - ARTICLE V. BOARD OF DIRECTORS

-       Section 1. Number and Qualification

-       Section 2. Additional Qualifications

-       Section 3. Initial Board of Directors

-       Section 4. Term of Office Generally

-       Section 5. Duties

-       Section 6. Vacancies

-       Section 7. Compensation

-       Section 8. Removal of Directors

-       Section 9. Regular Meetings

-       Section 10. Special Meetings

-       Section 11. Wavier of Notice

-       Section 12. Quorum

-       Section 13. Action Taken Without a Meeting

Pg. 7 - ARTICLE VI. OFFICERS AND THEIR DUTIES

-       Section I. Enumeration of Offices

-       Section 2. Election of Officers

-       Section 3. Term

-       Section 4. Special Appointments

-       Section 5. Resignation and Removal

-       Section 6. Vacancies

-       Section 7. Multiple Offices

-       Section 8. Duties

Pg. 8 - ARTICLE VII. COMMITTEES

Pg. 9 - ARTICLE VIII. BOOKS OF ACCOUNT AND FISCAL YEAR

-       Section 1. Books of Account

-       Section 2. Fiscal Year

Pg. 9 - ARTICLE IX. CONTRACTS, LOANS & CHECKS

-       Section 1. Authorization

-       Section 2. Checks

Pg. 9 - ARTICLE X. MISCELLANEOUS

-       Section I. Amendment

-       Section 2. Conflict

-       Section 3. Governing Law