Declaration of Covenants,
Conditions & Restrictions
1st Amendment
KNOWN ALL MEN BY THESE PRESENT that:
WHEREAS, Nu-West Development Corporation, a Colorado corporation (hereinafter
called “Declarant’1 did cause to be recorded a Declaration of Covenants, Conditions
and Restrictions for TIFFANY on March 23. 1979; in Book 2958 at Page 12 under
Reception Number 1831361, in the records of the Clerk and Recorder of the County
of Arapahoe, State of Colorado (hereinafter called the “Declaration”); and
WHEREAS, the Declarant desires to Amend certain of the terms and provisions of
said Declaration; and WHEREAS, said Declaration provides that the same may be
amended at this time by not less than ninety (90) percent of the Owners of Lots of
the Real Property burdened by said Declaration; and
WHEREAS, the Declarant is the Owner of all of the Real Property submitted to the
terms and conditions of said Declaration;
NOW, THEREFORE, the undersigned does hereby declare that that certain
Declaration of Covenants. Conditions and Restrictions for TIFFANY recorded in
Book 2958 at Page 12 of the records of the Clerk and Recorder of the County of
Arapahoe, State of Colorado, is hereby amended as follows, and that the following
terms, conditions, restrictions, uses and limitations shall run with the land
described in said Declaration and shall be a burden and benefit and be binding upon
the undersigned, their successors, grantees, assigns, heirs, executors, administrators
and any other person acquiring or owning any interest in the Real Property
described in the Declaration.
1. That the first Whereas Clause of the Declaration is hereby amended in its
entirety to read as follows: “WHEREAS, Declarant is the Owner of certain Real
Property situated in the County of Arapahoe, State of Colorado, which is more
particularly described as follows:
1. Lots 1 to 53, Inclusive, Block 1,
2. Lots A. B. C, D Block 1,
3, Lots 1 to 25, Inclusive. Block 2,
4. Lots 1 to 35, Inclusive. Block 3; and
5. Lots 1 to 42, Inclusive. Block 4
6. Knolls South Filing No. 1, Arapahoe .County Colorado.”
2. That the legal description set forth in Article I, Section 3 is hereby revised in its
entirety to read as follows: “Lots A, B, C, 0, 44 and 45, Block 1, Knolls South
Filing No. 1, Arapahoe County. Colorado and those certain parcels of Real
Property described on Exhibit A attached hereto and Incorporated herein by
reference.”
3. That Article V, Section 3(a)(i) is hereby revised in its entirety to read as
follows:
“From and after January 1 of the year immediately following the conveyance
of the first Lot to an Owner, the maximum annual assessment may be
increased by an amount not to exceed 12% of the maximum annual
assessment.”
4. That except as herein modified and amended all of the terms, conditions,
covenants, easements, restrictions and obligations described in the Declaration
are hereby ratified and confirmed.
Signed by:
NU-WEST DEVELOPMENT CORPORATION. A
Colorado Corporation BY: James Kemp
June 9, 1982
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