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3 .2 Proceeding with Work; Right of Repurchase. The <br /> Original Owner of a Building Site, and any subsequent Owner, <br /> shall have two (2) years, or such longer period as may be granted <br /> by the Board, from the closing date of the sale of the Site by <br /> the Declarants to the Original Owner to begin development of the <br /> Site. Once development begins, it shall continue uninterrupted <br /> until completion, which shall be no later than one (1) year from <br /> commencement, unless a longer period is expressly granted in <br /> writing by the Board. If an Owner fails to comply with this <br /> section the Declarants may, but shall not be required to, <br /> purchase the Site for the price paid to the Declarants by the <br /> Original Owner, if another price is not willingly agreed to in <br /> writing by the Declarants and the then Owner, by giving written <br /> notice to the then Owner of their intention to repurchase. The <br /> notice can be given at any time after failure of an Owner to <br /> comply with this section. <br /> 3. 3 Limit on Development. No more than sixty-five percent <br /> (65%) of any Building Site may be covered with Buildings or other <br /> Improvements impervious to surface water absorption. <br /> 3 . 4 Duty to Landscape. All areas of a Building Site not <br /> designated on a Site Plan approved by the Board for Buildings, <br /> Structures, storage, walks, Parking areas and drives shall be <br /> fine-graded, seeded and/or sodded, landscaped, watered and <br /> maintained in an attractive condition in accordance with the <br /> landscaping plans required in Article VII . <br /> 3 . 5 Setbacks. The following minimum front or street set- <br /> back, side yard and rear yard dimensions shall apply to all <br /> Building Sites : <br /> (a) Front or street yard - not less than 65 feet from <br /> the right of way of all highways, streets or roads. <br /> (b) Side yard - not less than 45 feet from any other <br /> lot line. <br /> (c) Rear yard - not less than(45 feet from any other <br /> lot line. <br /> 3 . 6 Easements. The minimum front or street setback, side <br /> yard and rear yard areas described in Section 3 . 5 above ("Setback <br /> Areas") are and shall be reserved for the use of non-exclusive <br /> easements for utilities serving, in whole or in part, the <br /> Subdivision or any Lot located therein. By accepting title to a <br /> Lot, each Owner hereby agrees that such Setback Areas may be <br /> subjected to easements for utility lines for electricity, sewer, <br /> water, gas, telephone, cable television, or other similar util- <br /> ities. Within fifteen (15) days of written request therefor by <br /> the Declarants, each Owner shall grant specific easements (and <br /> cause their lenders to agree to non-disturbance of such ease- <br /> ments) upon such terms as may be reasonably requested. No <br /> Improvements may be constructed in the Setback Areas except <br /> landscaping in accordance with approved landscaping plans or as <br /> otherwise specifically permitted by Section 8 . 5 hereof. <br /> 3 .7 Use of Excavated Materials. The Declarants shall at <br /> their option have the right to free use of any soil, sand, <br /> gravel , rock or other material excavated from any Building Site <br /> or Lot, if such material is not used upon the Site or Lot from <br /> which it was excavated. The Owner of the Site or Lot shall <br /> deposit any such material at whatever location within the <br /> Subdivision the Declarants shall require. No excavated material <br /> shall be removed from the Subdivision without the prior consent <br /> of the Declarants. <br /> -4- <br />