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V 3 2 0 4 8 P 64 D. ANNUAL MEETING OF LANDOWNERS: The driveway committee,hereafter designated,shall hold an annual meeting of all parties who own lots covered by this agreement. Said annual meeting shall take place during the last week of August. Notice by first class mail shall be given to all parties at least thirty days prior to the meeting date. A chairperson and secretary shall be elected at the annual meeting. The meeting shall be conducted according to Robert's Rules of Order. If any action is taken at the meeting it shall be by open ballot with each lot having one vote, whether or not it is owned by more than one party. Proxy votes shall be accepted. E. DRIVEWAY COMMITTEE: A driveway committee consisting of the three owners of the lands served by the above described roadways shall be formed beginning July 1, 1996. One member of the roadway committee shall be designated by GRANTORS for as long as GRANTORS own any of the above described lands. The member designated by GRANTORS shall serve as the committee's chairperson and agent. At such time as GRANTORS no longer designates a member,the Owner of Lot Two shall select the chairperson and agent. Owners shall elect members of the driveway committee for two year terms. If the owners do not select members, the members shall be selected by the owner of Lot Two. F. POWERS OF DRIVEWAY COMMITTEE: The driveway committee shall be empowered to do all acts necessary to maintain the above described driveway in good repair and condition. Without limiting its powers by enumeration, said powers shall include the power to enter into contracts for the maintenance and repair of the roadway, to collect, deposit, and disburse funds, to assess and apportion the costs of maintenance and repair consistent with this agreement, and enforce the terms of this roadway agreement. G. ANNUAL ASSESSMENT: Each lot owner which is required to contribute to the maintenance and repair of the roadway, shall pay on September 30th of each year, commencing September 30, 1996,an assessment for driveway repair and maintenance. The initial assessment shall be$250.00. The amount of the assessment may be adjusted from year to year depending on the actual expenses incurred for the driveway maintenance and repair according to the formulae set forth herein. Additionally,the driveway committee may make special assessments should the need arise. H. ANNUAL ACCOUNTING: The Driveway Committee shall provide to all landowners an accounting of all assessments and expenses on an annual basis with the period ending July 31st of each year. Said accounting shall be sent by September 15th of each year together with a statement for the assessment which will be due September 30th. I. LIEN FOR NONPAYMENT: Should any party hereto, or any person required to pay a share of driveway maintenances charges, fail to pay the same, the unpaid charge shall constitute a lien upon premises of party liable therefor and in addition such party may be barred from use of said driveway. Any unpaid charges,shall be assessed interest at the rate of eighteen per cent (18.0%)per annum if the charge remains unpaid more than 30 days. Any attorney fees and costs incurred in the collection of said unpaid charges shall further be added to the party's assessment and lien. J. EASEMENT TO RUN WITH LAND: This grant of easement shall run with the land and shall be binding on and shall inure to the benefit of the parties hereto, their heirs, successors, or assigns. NUISANCES: No noxious or offensive activity shall be carried on upon any lot,nor shall anything be done thereon which may be or may become an annoyance or nuisance to the neighborhood. Not permitted on Lots One and Three are the folio • g: Discharge of firearms, hand or shoulder firearms of powder driven projectiles. Use of off road vehicles such as motorcycles, 3 wheelers, 4 wheelers and snowmobiles. Hunting or trapping of any kind. All lot area not used as a building site or lawn or under cultivation as a family garden shall be kept under a cover crop or so cultivated or tended to keep it free of noxious weeds. This provision does not, however, prohibit an