Lakewood Estates Homeowners Association

Key facts from Lakewood Estates Homeowners Association's documents

Reflects the 1977 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Art. I, Sec. 1 definition of Association)

Developer / declarant

Peoples Bank of Bloomington as Trustee under Trust Agreement Dec 1, 1975 (McLean County Land Trust No. WH-1950); Corn Belt Bank as Trustee under Trust Agreement Oct 21, 1976 (McLean County Land Trust No. 1116); Richard H. Hundman (WHEREAS clauses, page 1-3)

Governing law

Illinois Not For Profit Corporation Act (implied) (Art. I, Sec. 1: 'not for profit Corporat)

Collections & liens

Assessment is a continuing lien on the lot; association may foreclose the lien or bring action at law (Art. III, Sec. 1: 'continuing lien on ea)

Pets

Dogs, cats, and other household pets allowed subject to association rules; no animals, livestock, or poultry kept on lots or common area; no commercial breeding (Art. V, Sec. 4: 'No animals, livestock, )

Amendments

By instrument executed and acknowledged by not less than three-quarters of the members (Art. VIII, Sec. 3: 'Covenants and restri)

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