Amendment II - Harbour Pointe Residents Association

SECOND
THIS
AMENDMENT TO HARBOUR POINTE DECLARATION
COVENANTS, CONDITIONS AND RESTRICTIONS
SECOND
AMENDME~T
to
the
Declaration
OF
of
Covenants,
Conditions and Restrictions for Harbour pointe made this ~day
~
of
a New
Jersey
Brigantine
1991 (the "Second Amendment"), by Marina Associates,
general partnership having an office at 1725
Boulevard,
Atlantic
City, New Jersey
("Declarant").
WITNESS:
WHEREAS,
Declarant
prepared
and
filed
a certain
declaration
of
covenants, conditions and restrictions entitled Harbour pointe
of
Declaration
("Declaration")
WHEREIN,
on December
for the lands and premises
the Declaration
WHEREAS,
January
10, 1991 and recorded
Amendment");
County
Declarant
Association
additional
to
better protect
WHEREAS,
believes
the
Book
to harbour ,
and Restrictions
dated!
15, 1991 in the Office the
5177, page
106
in accordance
meeting
and
it to be in the best
Declaration
on homeowners
all homeowners
to
in Harbour
(the "First
in Harbour
Pointe~
with the Declaration,
(75%) percent
interest
impose
of
certain
pointe in order to
held on May 30, 1991, received
at least seventy-five
Declaration;
in Deed
by Amendment
Conditions
on January
amend
requirements
Association
county
",nd
WHEREAS,
the
and,
11, 1990 was recorded
of the Clerk of Atlantic
was amended
of Covenants,
Clerk of Atlantic
therein~
233~ and
the Declaration
Pointe Declaration
Restrictions
described
dated December
19, 1990 in the Office
in Deed Book 5167, page
and
Conditions
Covenants,
of the owners
and
Declarant,
at an
the approval
of
to so amend the
Declarant
WHEREAS,
Declaration
now
desires
to impose additional
to
further
requirements
amend
regarding
the
insurance
on each ~ODeo~ner.
NOW, THEREFORE, pursuant to Article XI Section l(a) of the
Declaration,
Declarant does hereby
further amend the Declaration
as
follows:
1.
following
(a)
Article VIII of the Declaration is amended to add the
provisions:
Each homeowner shall maintain a homeowner's
insurance
policy
(80%) percent
townhome
covering
a minimum
of the r~placement
according
to
of eighty
costs
insurance
of the
industry
standards;
"
(b) Each homeowner
their
shall obtain
homeowners
policy
an endorsement
obtaining
to
guaranteed
;
replacement
i
I
-
cost;
!
(c) Each homeowner shall provide the Association
with a copy of their homeowners
policy
time
their
townhome
insurance
every
of
settlement
on
at the
and
,J
evidence
of
renewed
year
il
thereafter by sending the information to the
II
Association
11
at
1725
Brigantine
Boulevard,
!I
Atlantic
:,
City, New Jersey
08401;
il
'I
(d)
Each homeowner
their
II
shall obtain
homeowner's
requires
that
an endorsement
insurance
the Association
policy
to
which
be notified
if
il
the policy
II
!
(e)
is canceled
If the townhome
for any. reason;
is destroyed
casualty , the homeowner
months
-
I
'.
to rebuild
by fire or other
shall have six
the townhome.
This
six
(6)
(6)
month period shall commence on the date the
homeowner
that
the
receives
insurance
homeowner
has
proceeds
applied
provided
for
the
insurance
proceeds
within
of time and in good
(:)
I:
the
homeowner
a reasonable
period
to
and/or
faith.
fails
rebuild
c~pai~ the damage done to his/her home, the
.o\ssociationmay
nonperforming
assess
charges
against the
The assessment of
homeowner.
the charges shall be enforced in accordance
with
the
terms
and
of
conditions
the
~
)
Declaration.
;1
II
2.
All of the provisions
I
Amendment
II
shall
modification,
I
remain
except
in
as
of
the
force
full
expressly
and First
Declaration
and
modified
without
effect,
this
by
Second
Amendment.
IN
Amendment
WITNESS WHEREOF,
the Declarant has caused this Second
to the Declaration
to be executed
the day and year first
above written.
I
"
"
"
I'
,
I
:'
'
ATTEST:
MARINA ASSOCIATES,
General Partnership
BY:
a
New
HARRAH'S ATLANTIC CITY,
New Jersey corporation,
Jersey
INC., a
General
Partner
;.
-)
.
~
a
,
'
~
President
.
ATTEST:
BY:
HARRAH'S
New Jersey
NEW JERSEY, INC., a
corporation,
General
partner
..
President
3