Schedule B Castle Rock Estates
SCHEDULE "B"
"CASTLE ROCK ESTATES"
Invermere, BC
STATUTORY BUILDING SCHEME
Declaration of Covenants and Restrictions
The within Statutory Building Scheme is declared by Castle Rock Estates Ltd., as Grantor, this 1st day of March, 2004.
WHEREAS:
A. The Grantor is the registered owner in fee simple of certain real property situated in the
District of Invermere in the Province of British Columbia, which property is legally known and described as:
Lot 3, District Lot 7158, Kootenay District Plan NEP74923
(hereinafter called the “Property”);
B. The Grantor intends to develop and complete a phased subdivision upon the Property, comprising both single and multi-family subdivisions, and in furtherance of that intention has caused to be registered Phase I, comprising ninety-two (92) single-family lots, roads and common areas (collectively hereinafter called the “Phase I Subdivision”);
C. The Grantor desires to have the Phase 1 Subdivision developed, maintained and preserved for high quality residential use and enjoyment;
D. The Grantor has caused to be incorporated a society to be known as the “Castlerock
Community Association” (hereinafter called the “Association”) in which Association all lot owners shall be obligated to hold and maintain membership.
E. The Grantor intends to transfer and assign all of its right, title and interest in this Statutory
Building Scheme to the Association upon the Grantor’s completion of all phases of development upon the property.
NOW THEREFORE THIS BUILDING SCHEME WITNESSETH that in consideration of the foregoing, the Grantor does hereby for itself, its successors and assigns in title, covenant and agree to observe and be bound by the hereinafter mentioned covenants, which said covenants shall be
-2construed to be and shall be covenants running with the land and shall be appurtenant to all of the said bare land strata lots for the benefit of all the respective owners thereof, from time to time, as
follows:
"CASTLE ROCK ESTATES"
Invermere, BC
STATUTORY BUILDING SCHEME
Declaration of Covenants and Restrictions
The within Statutory Building Scheme is declared by Castle Rock Estates Ltd., as Grantor, this 1st day of March, 2004.
WHEREAS:
A. The Grantor is the registered owner in fee simple of certain real property situated in the
District of Invermere in the Province of British Columbia, which property is legally known and described as:
Lot 3, District Lot 7158, Kootenay District Plan NEP74923
(hereinafter called the “Property”);
B. The Grantor intends to develop and complete a phased subdivision upon the Property, comprising both single and multi-family subdivisions, and in furtherance of that intention has caused to be registered Phase I, comprising ninety-two (92) single-family lots, roads and common areas (collectively hereinafter called the “Phase I Subdivision”);
C. The Grantor desires to have the Phase 1 Subdivision developed, maintained and preserved for high quality residential use and enjoyment;
D. The Grantor has caused to be incorporated a society to be known as the “Castlerock
Community Association” (hereinafter called the “Association”) in which Association all lot owners shall be obligated to hold and maintain membership.
E. The Grantor intends to transfer and assign all of its right, title and interest in this Statutory
Building Scheme to the Association upon the Grantor’s completion of all phases of development upon the property.
NOW THEREFORE THIS BUILDING SCHEME WITNESSETH that in consideration of the foregoing, the Grantor does hereby for itself, its successors and assigns in title, covenant and agree to observe and be bound by the hereinafter mentioned covenants, which said covenants shall be
-2construed to be and shall be covenants running with the land and shall be appurtenant to all of the said bare land strata lots for the benefit of all the respective owners thereof, from time to time, as
follows: