File D Dffc E

Key facts from File D Dffc E's documents

Reflects the 1965 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential community with permanent lake, playgrounds, open spaces, and other common facilities (WHEREAS clauses)

Legal name

Spring Lake Estates Home Association (Preamble)

Units / lots

not explicitly stated but properties described as 24.97872 + 9.15 acres; initial plat includes multiple lots (Article II, Section 1)

Developer / declarant

W.W. LOBDELL, Inc.

Governing law

State of Illinois (nonprofit corporation) (WHEREAS clause: incorporated under the l)

Assessments & dues

Annual assessments fixed by Board of Directors within maximum limits; can be increased by vote of members as per Section 5. Board may also increase maximum annual assessment without vote in line with Consumer Price Index (from July of year (Article V, Section 3(c)(d))

Special assessments

Association may levy special assessment for capital improvements upon 2/3 vote of each class of members, 30 days notice. Developer not subject to special assessment for new capital improvements until initial sale; only for repair/replacemen (Article V, Section 4)

Collections & liens

Unpaid assessment becomes continuing lien on the property in favor of Association. Personal obligation remains with owner at time of delinquency, does not pass to successors unless assumed. Lien is subordinate to mortgages for assessments d (Article V, Sections 10-11)

Use restrictions

Implied by definition of Lots as residential and purpose of community; not explicitly stated in extracted text, but Article I defines Single-Family Lot as zoned or developed for single-family residential use. (Article I, Section 1 (definition of Sing)

Amendments

Covenants and restrictions within Existing Property may be revoked, amended, modified, or altered only upon affirmative vote of 90% of all votes of each class of membership, with 30 days notice. (Article IX, Section 6)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.