storage.googleapis.com...shallsupercede intotalitytheOriginalTractDeclaration recorded atpage 5315,...

IIIlliIIIllIll|||lllllllllIllll1IlllilllllllllllllllllllillIlillllllIIIPAGE: 1 of 7 FEE M 2009015308

B: 7428 P: 483

\ When RecordedReturnto: OFFICIAL RECORDSOF MOHAVE COUNTY

Kelley& Moss,PLLC CAROL MEIER,P.O.Box 20189 COUNTY RECORDER . .....

BullheadCity,AZ 86439-018903/17/2009 02:08 PM Fee: $16.0DOC TYPE: AMCCRPAID BY:KELLEY & MOSS PLLC

AMENDED AND RESTATED

TRACT DECLARATION

FOR TRACTS A AND C,

LAUGHLIN RANCH - UNIT 2, TRACT 5127

( NON RESIDENTIAL PARCELS)

This Amended and Restated Tract Declaration for Tracts A and C, Laughlin Ranch

- Unit 2, Tract 5127, ("Tract Declaration") isexecuted by Laughlin Ranch, LLC, an

Arizona limited liabilitycorporation, as Declarant, Laughlin Ranch, LLC, an Arizona

limited liabilitycompany, as the Community Master Planner, ATLANTIS

INVESTMENTS, LLC, a North Dakota limited liabilitycompany, as the owner of Tract

A, Laughlin Ranch - Unit 2, Tract 5127 and DJL 2007 LLC, an Arizona limited liability

company, as the owner of Tract C, Laughlin Ranch - Unit 2, Tract 5127, (collectively"the

Owners") pursuant to the provisions of the Declaration of Covenants, Conditions,

Restrictionsand Easements of Laughlin Ranch Association (Amended and Restated)

recorded February 17, 2005, in Book 5444, page 549, OfficialRecords ofMohave County

Arizona.

RECITALS:

A. Declarant as the owner of Tracts A and C, Laughlin Ranch - Unit 2, Tract

5127, (hereinafterreferenced to as "Tracts A and C") subjected Tracts A and C, Laughlin

Ranch - Unit 2, Tract 5127 to the Declaration of Covenants, Conditions, Restrictionsand

Easements for Laughlin Ranch Association (Amended and Restated) dated February 16,

2005, and recorded on February 17, 2005, in Book 5444, Page 549, OfficialRecords of

Mohave County, Arizona as may be amended from time to time (the "Laughlin Ranch

Declaration"). Through the recordation of a Tract Declaration for Tracts A and C,

Laughlin Ranch - Unit 2, Tract 5127 (Non-Residential Parcels) ("Original Tract

Declaration") recorded atBook 5315, page 946, OfficialRecords ofMohave County,

Arizona.

B. Declarant, Community Master Planner and Owners desire to amend and

restatethe Tract Declaration recorded atBook 5315, page 946, OfficialRecords, Mohave

County, Arizona, in itsentiretyin compliance with the amendment process setforthat

Section 11.3 of the Laughlin Ranch Declaration. This Amended and Restated Declaration

shallsupercede in totalitythe Original Tract Declaration recorded atpage 5315, page 946,

OfficialRecords, Mohave County, Arizona.

DECLARATIONS:

Declarant, Community Master Planner and Owners declare and state:

1. Land Use Classification. The Tracts A and C shallhave a land use

classificationof General Commercial as defined in the Laughlin Ranch Commercial

Design Guidelines, subject to the provisions of thisTract Declaration and the Laughlin

Ranch Declaration. Any and allreferences in thisTract Declaration to "Tract" or "Tracts"

shallbe deemed to referto any Tract or Tracts of Tract A and C. The Tracts shallbe

considered Parcels under the provisions of the Laughlin Ranch Declaration.

2. Improvements. All Improvements on the Tracts shallcomply with the

Laughlin Ranch Commercial Design Guidelines and the Laughlin Ranch Declaration.

3. Maintenance of Improvements. Itshallbe the responsibilityof each

Owner to maintain allImprovements constructed,erected,placed or installedon a Tract

in accordance with the Laughlin Ranch Declaration and Guidelines. By way of

illustrationand not by way of limitation,the Owner shallbe responsible for maintainingallexteriorwalkways, parking areas,lighting,and landscaping.

4. Neighborhood and/or Merchant Association. An Owner or Owners of a

Tract or Tracts may, but shallnot be required to,form a Neighborhood or Merchant's

Association as a vehicle to promote the common interestof allOccupants in a Tract or

Tracts,including but not limited to providing services,implementing programs, and/or

sales/marketing activityforthe benefit of the Occupants. Any such Neighborhood or

Merchant's Association shallbe deemed a part of the Laughlin Ranch Association and be

subject to approval of the Community Master Planner.

5. Memberships and Votes. The number of Memberships associated with

the Tracts shallbe two memberships for each gross acre as provided in the Laughlin

Ranch Declaration. For purposes of determining Memberships, the acreage designation

setforthon the Final Plat for Tract 5127 shallcontrol. Portions of acres shallbe rounded

to the nearest whole acre using standard rules of rounding. Each Membership shallbe

Amended andRestatedTractDeclarationforTractsA andC,

LaughlinRanch-Unit2,Tract5127

(Non-ResidentialParcels)

Page2 of7

entitledto one (1) vote. Provided however, priorto the issuance of permit issued by the

City of Bullhead City authorizing construction of improvements, each Tract A and Tract

C shallbe deemed to have only one (1) membership.

6. Assessments. The Tracts shallbe subjectto the base assessment for

each membership in Laughlin Ranch Owner Association.

7. Enforcement. As provided in the Laughlin Ranch Declaration, the

Association or any Member shallhave the rightto enforce the provisions of thisTract

Declaration as one of the Project Documents.

8. Term. All of the covenants, conditions,restrictionsand other

provisions of thisTract Declaration (as amended from time to time): (a) shallrun with

and bind Tracts A and C, and allportions thereof,including but not limited to allTracts

created therefrom; (b) shallinure to the benefitof and shallbe enforceable by the

Association or by the owner of any properly subject hereto or;and (c)shallremain in full

force and effectfor a term co-extensive with the term of the Laughlin Ranch Declaration,

as the same may be extended in accordance with the provisions thereof.

9. Amendment. This Tract Declaration may be amended only as

provided in the Laughlin Ranch Declaration. In no event shallany amendment be

effectiveunless itisapproved by the Community Master Planner and untilitisRecorded.

10. Severability; Interpretation; Gender. Invalidationof any provisions of

thisTract Declaration by judgment or court order shallin no way affectany other

provisions,which shallremain in fullforce and effect.The provisions of thisTract

Declaration shallbe construed and interpretedwith reference to the laws of the State of

Arizona. Where the context hereof so requires,any personal pronouns used in thisTract

Declaration, whether used in the masculine, feminine or neuter gender, shallinclude all

genders, and the singular shallinclude the pluraland vice versa. Titlesof Articlesand

Sections are for convenience only and shallnot affectthe interpretationhereof. All

Exhibits attached hereto are incorporated herein by reference.

I1. Perpetuities. Ifany of the covenants, conditions,restrictionsor other

provisions of thisTract Declaration would otherwise be unlawful, void or voidable for

violationof the rule against perpetuities,then such provisions shallcontinue only until



(Non-ResidentialParcels)Page3 of7

twenty-one (21) years afterthe death of the lastsurvivor of the now livingdescendants of

the President of the United States in officeon the date thisTract Declaration isRecorded.

12. Declarant's Disclaimer of Representations. While Declarant has no

reason to believe that any provision in thisTract Declaration isor may be invalidor

unenforceable for any reason or to any extent,Declarant makes no warranty or

representationas to the present or futurevalidityor enforceabilityof any such provision.

Any owner acquiring a Tract in relianceon one or more of such provisions shallassume

allrisksof the validityand enforceabilitythereof and by accepting ownership of the Tract

agrees to hold Declarant harmless therefrom.

13. Relationship to Laughlin Ranch Declaration. This Tract Declaration

shallbe considered an integralpart of the Project Documents and shallbe construed and

interpretedin a manner consistenttherewith. In the event of any conflictbetween a

provision of the Laughlin Ranch Declaration and a provision of thisTract Declaration,

the provision in the Laughlin Ranch Declaration shallcontrol except in the case where the

provision in thisTract Declaration places greateror more specificrestrictionsupon the

use, occupancy, improvement or development of the Tract or Tracts created therefrom, or

upon the activitiesor conduct of owners, residentsor others upon or about the Tract or

Tracts created therefrom, in which event the provision in thisTract Declaration shall

control.

IN WITNESS WHEREOF, Declarant has executed thisinstrument as of the date

firstset forthabove.

DECLARANT:

LAUGHLIN RANCH, LLC,

an Arizona limited liabilitycompany

By:*

By: G. NEIL E EY

Its: Designated Represen tive




COMMUNITY MASTER PLANNER:



By: .

By: G. NEIL E SEY

Its: Designated epresenta ive

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the day of C ,2008, before me, the

undersigned notary public,personally appeared G. NEIL ELSEY, who acknowledged

himself to be the Designated Representative of LAUGHLIN RANCH, LLC, an Arizona

limited liabilitycompany and thathe, being authorized so to do, executed the foregoing

instrument forthe purposes therein contained by signing the name of the company, byhimself as such officer.

IN WITNESS WHEREOF, I hereunto setmy hand and officialseal.

o ry Public

My Commission Expires:

moucom countyCommission#221188MyCommissionExpliesNovember5,2011

Amended andRestatedTractDeclarationforTractsA andC.



Page5 of7

OWNER OF TRACT A, LAUGHLIN RANCH - UNIT 2, TRACT 5127:

By:

By: ATLANTIS S NTS, LLC,

a North Dakot I itedliabilitycompany

By: ROBERT f;

Its: Authoriz Member/Manager

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the // day ofM ,2008 before me, the

undersigned notary public,personally appeared J. Ad-&-, who

acknowledged himself to be the Authorized Member/Manager of ATLANTIS

INVESTMENTS, LLC a North Dakota limited liabilitycompany and thathe, beingauthorized so to do, executed the foregoing instrument for the purposes thereincontained

by signing the name of the company, by himselfas such officer.


Nota Public


"OFFICIAL SEAL"HazelF.CorbinNotaryPublic-Arizona

PinalCountyM CommissionExires116

Amended andRestatedTractDeclarationforTractsA andC,LaughlinRanch-Unit2,Tract5127


OWNER OF TRACT C, LAUGHLIN RANCH - UNIT 2, TRACT 5127:

By: 1)JL 2007 LLC,

an Arizona limited liabilitycompa

By: THOMAS GRIFFIN

Its: Manager

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the day of dgfgy ,2008, before me, the

undersigned notary public,personally appeared THOMAS GRIFFIN, who acknowledged

himself to be the Manager of DJL 2007 LLC, an Arizona limited liabilitycompany and

thathe, being authorized so to do, executed the foregoing instrument forthe purposes

therein contained by signing the name of the company, by himself as such officer.


Notary Public

My Commission Expires: /2 f# #EILEEN L.BARNES

NOTARY PUBLIC-ARIZONAMOHAVE COUNTY

My Commission ExpiresMay 12,2009




Page7 of7

illillIIIIlillIIIllIllillilIllillllllIlllllillHillll||1IIIllilllllIIIlll|PAGE: 1 of 11 FEE N 2009015309

V, B: 7428 P: 490

When RecordedReturnto: OFFICIAL RECORDS

Kelley& Moss,PLLCOF MOHAVE COUNTY .. .CAROL MEIER - A

P.O.Box 20189 COUNTY RECOADER * -BullheadCity,AZ 86439-0189

03/17/2009 02:08 PM Fee: $20.0DOC TYPE: AMCCRPAID BY:KELLEY & MOSS PLLC

AMENDED AND RESTATED

TRACT DECLARATION

FOR TRACTS B, D, G, H and I,

LAUGHLIN RANCH - UNIT 2, TRACT 5127

( NON RESIDENTIAL PARCELS)

This Amended and Restated Tract Declaration for Tracts B, D, G, H and I,

Laughlin Ranch - Unit 2, Tract 5127, ("Tract Declaration") isexecuted by Laughlin

Ranch, LLC, an Arizona limited liabilitycorporation, as Declarant, Laughlin Ranch,

LLC, an Arizona limited liabilitycompany, as the Community Master Planner, SOLID

STATE OATMAN, LP, an Arizona limitedpartnership,as owner of Tract B, Laughlin

Ranch - Unit 2, Tract 5127, THE STINKWEED INVESTMENT COMPANY, LLC, an

Arizona limited liabilitycompany, as to an undivided fiftypercent (50%) interestand M.

LAURIN HENDRIX and EVELYN HENDRIX, husband and wife, as community

property with rightof survivorship as to an undivided fiftypercent (50%) interest,as

owners of Tract D, Laughlin Ranch - Unit 2, Tract 5127, THE STINKWEED

INVESTMENT COMPANY, LLC, an Arizona limited liabilitycompany, as the owner of

Tract G, Laughlin Ranch - Unit 2, Tract 5127, IMH SPECIAL ASSETS NT 76, LLC, a

Delaware limited liabilitycompany, as owner of Tract H, Laughlin Ranch - Unit 2, Tract

5127, and ATLANTIS INVESTMENTS, LLC, a North Dakota limited liabilitycompany,

as owner of Tract I,Laughlin Ranch - Unit 2, Tract 5127, (collectively"the Owners")

pursuant to the provisions of the Declaration of Covenants, Conditions, Restrictionsand

Easements of Laughlin Ranch Association (Amended and Restated) recorded February

17, 2005, in Book 5444, page 549, OfficialRecords ofMohave County, Arizona, as

amended from time to time.

RECITALS:

A. Declarant as the owner of Tracts B, D, G, H and I,Laughlin Ranch - Unit 2,

Tract 5127, (hereinafterreferenced to as "Tracts B, D, G, H and I" respectively)subjected

the said Tracts to the Declaration of Covenants, Conditions, Restrictionsand Easements

for Laughlin Ranch Association (Amended and Restated) dated February 16, 2005, and

recorded on February 17, 2005, in Book 5444, Page 549, OfficialRecords ofMohave

County, Arizona as may be amended from time to time (the "Laughlin Ranch

Declaration") through the recordation of a Tract Declaration for Tracts B, D, G, H and I,

Laughlin Ranch - Unit 2, Tract 5127, (Non-Residential Parcels) recorded atBook 5315,

page 951, OfficialRecords ofMohave County, Arizona ("Original Tract Declaration").

B. Declarant, Community Master Planner and Owners desireto amend and

restatethe Original Tract Declaration recorded at Book 5315, page 951, OfficialRecords,

Mohave County, Arizona, in itsentiretyin compliance with the amendment process set

forthat Section 11.3 of the Laughlin Ranch Declaration. This Amended and Restated

Declaration shallsupercede in totalitythe Original Tract Declaration recorded atpage

5313, page 951, OfficialRecords, Mohave County, Arizona.

DECLARATIONS:

Declarant, Community Master Planner and Owners declare and statethatthe Tract

Declaration for Tracts B, D, G, H and I isamended in itsentiretyto read as follows:

1. Land Use Classification. The Tracts B, D, G, H and I shallhave a land

use classificationof Neighborhood Commercial as defined in the Laughlin Ranch

Commercial Design Guidelines, subject to the provisions of thisTract Declaration and the

Laughlin Ranch Declaration. Any and allreferences in thisTract Declaration to "Tract"

or "Tracts" shallbe deemed to referto any Tract or Tracts of Tract B, D, G, H and I. The

Tracts shallbe considered Parcels under the provisions of the Laughlin Ranch

Declaration.






illustrationand not by way of limitation,the Owner shallbe responsible formaintaining

allexteriorwalkways, parking areas,lighting,and landscaping.




Tracts,including but not limited to providing services,implementing programs, and/or

sales/marketing activityforthe benefit of the Occupants. Any such Neighborhood or



Amended andRestatedTractDeclarationforTractsB,D,G,H andI



Page2 of11





to the nearest whole acre using standard rules of rounding. Each Membership shallbe

entitledto one (1) vote. Provided however, priorto the issuance of a permit by the City

of Bullhead City authorizing construction of improvements, each of the Tracts shallbe

deemed to each have only one (1) membership.

6. Assessments. The Tracts shallbe subject to the base assessment for

each membership in Laughlin Ranch Owners Association.




8. Term. All of the covenants conditions,restrictionsand other


and bind Tracts B, D, G, H and I,and allportions thereof,including but not limited to all

Tracts created therefrom; (b) shallinure to the benefit of and shallbe enforceable by the

Association or by the owner of any properly subject hereto or;and (c)shallremain in full

force and effectfor a term co-extensive with the term of the Laughlin Ranch Declaration,

as the same may be extended in accordance with the provisions thereof.







Declaration shallbe construed and interpretedwith reference to the laws of the Stateof









Page3 of11

11. Perpetuities. Ifany of the covenants, conditions,restrictionsor other


violationof the rule againstperpetuities,then such provisions shallcontinue only until




reason to believe thatany provision in thisTract Declaration isor may be invalidor



Any owner acquiring a Tract in reliance on one or more of such provisions shallassume

allrisksof the validityand enforceabilitythereof and by accepting ownership of the Tract

agrees to hold Declarant harmless therefrom.










control.



DECLARANT:



By:*

By: G. NEIL E SEY

Its: Designated epresenta ive




Page4 of11




By:

By: G. NEIL E SEY

Its: Designated Representa'tive

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the & day of C' - ,2008, before me, the

undersigned notary public,personally appeared G. NEIL ELSEY, who acknowledged

himself to be the Designated Representative of LAUGHLIN RANCH, LLC, an Arizona

limited liabilitycompany and thathe, being authorized so to do, executed the foregoing

instrument forthe purposes therein contained by signing the name of the company, by

himself as such officer.


tary Public


mIUCOPACOUNTYCommissiona224158mycomnassionExpiresNovember6,2011

Amended andRestatedTractDeclarationforTractsB,D, G,H andI



Page5 of11

OWNER OF TRACT B, LAUGHLIN RANCH -UNIT2, TRACT 5127

SOLID STATE OATMAN LP,

an Arizona limitedpartnership

By: SolidStateCorporationIV,a Delaware corporation,General Partner

By:Robert C. Marshall,Jr.

Vice President

STATE OF 000 \GL )J )SS

County of 41.4 7 )

The foregoinginstrumentwas acknowledged before me this 4 6 day of February,

2009, by Robert C. Marshall,Jr.,Vice Presidentof Solid StateCorporation IV, a Delaware

corporation,on behalfof such corporationactingas the General Partneron behalfof SOLID

STATE OATMAN LP, an Arizona limitedpartnership.

taryPublic

My commission expires:

20ELIZABETHLOGAN

MENNE

/ ,NOTARY PUBLICDeKalbCountyStateofGeorgia

My Comm. ExpiresSept.17,2011


LaughlinRanch- Unit2,Tract5127


OWNER OF TRACT D, LAUGHLIN RANCH - UNIT 2, TRACT 5127

AS TO AN UNDIVIDED FIFTY PERCENT (50%) INTEREST

B NT

COMPANY, LLC,

an Arizona limited liablitycompany

Its: Authorized Member/Manager

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the / C/ day of , ,2008, before me, the

under signed notary public,personally appeared 6,,,,e,4 / A ,who

acknowledged himself to be the ,9- of THE STINKWEED

INVESTMENT COMPANY, LLC, an Arizona limited liabilitycompany and thathe,

being authorized so to do, executed the foregoing instrument forthe purposes therein

contained by signing the name of the company, by himself as such officer.


Notary Public

My Commission Expires: ;z oOFFICIALSEAL

ROBERT OVERALLNOTARYPUBUC-StateofArizona

MARICOPACOUNTY

MyComm.ExpiresDec.20.2010

Amended andRestatedTractDeclarationforTractsB,D,G, H andI



Page7 of11

OWNER OF TRACT D, LAUGHLIN RANCH - UNIT 2, TRACT 5127

AS TO AN UNDIVIDED FIFTY PERCENT (50%) INTEREST

EVELYN HENDRIX

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

SUBSCRIBED AND SWORN to before me this / 1 day of

,2008, by M. LAURIN HENDRIX and EVELYN HENDRIX.

My Commission Expires: 12-20-OO Notary Public

OFFICIALSEAL

ROBERT OVERALLNOTARYPUBUC-StateofAdzona

MARICOPACOUNIY

MyComm.ExpiresDec.20.2010

Amended andRestatedTractDeclarationforTractsB,D, G,H andI



Page8 of11

OWNER OF TRACT G, LAUGHLIN RANCH - UNIT 2, TRACT 5127

N NT

COMPANY, LLC,


Its: Authorized Member/Manager

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 11 day of Qw;*, ,2008, before me, the

under signed notary public,personally appeared z.n e.,a.m ! /& y ,who

acknowledged himself to be the me,4 4,7 of THE STINKWEED

INVESTMENT COMPANY, LLC, an Arizona limited liabilitycompany and thathe,

being authorized so to do, executed the foregoing instrument forthe purposes therein

contained by signing the name of the company, by himself as such officer.


Notary Public

My Commission Expires: 12-20-10

ROBERT OVERALLNOTARYPUBLIC-StateofArizona

MARICOPACOUNTYMyComm.ExpiresDec.20.2010




Page9 of11

OWNER OF TRACT H, LAUGHLIN RANCH - UNIT 2,TRACT 5127

By: IMH SPECIAL ASSET NT 76, LLC,

a Delaware limitedliabilitycompany

By: IMH SECURED LOAN FUND, LLC

a Delaware limitedliabilitycompany

Its: Member

By: INVESTORS MORTGAGE HOLDINGS, INC.

an Arizona corporation

Its: Manager

By:~T&&,.,4 .

dant

(printedname)

STATE OF ARIZONA )

) SS

COUNTY OF MARICOPA )

On this,the day of e(4 ,2008, before me, the

undersigned notary public,personallyappearedL .% ,who

acknowledged himself to be the 4 (at INVESTORS MORTGAGE

HOLDINGS, INC., an Arizona corporationand thathe,being authorized so to do,

executed the foregoing instrument forthe purposes thereincontained by signing the name

ofthe company, by himselfas such officer.

IN WITNESS WHEREOF, Ihereunto setmy hand and officialseal.

Not 9ublic/ 7

My Commission Expires: P " CHRISTIEL.WILMOTN0toryPubilc.StateofAriton0

MaricopoCOUntyMyCommissionExpiresMay l0.2011



(Non-ResidentialParcels)Page10of11

OWNER OF TRACT I,LAUGHLIN RANCH - UNIT 2, TRACT 5127

By:

By: ATLANTIS IN M NTS, LLC,

aN Dakot'

ite l' bilitycompany

By: *

Its: Authorized Me er/Manager

STATE OF ARIZ NA )

) SS

COUNTY OF MORAVE )

On this,the // day of /770 200 b fore me, the

undersigned notary public,personally appeared J. /2 who

acknowledged himself to be the Authorized Member/Manager of ATLANTIS

INVESTMENTS, LLC a North Dakota limited liabilitycompany and thathe, beingauthorized so to do, executed the foregoing instrument forthe purposes therein contained

by signing the name of the company, by himselfas such officer.


Notary blic


8

"OFFICIAL SEAL"

HazelF.Corbin

NotaryPublic-ArizonaRoamounty

M CommissionExires116 009




Page11of11

PAGE:

17of

6

FEPE

M 2009043710

When RecordedReturnto:' * * * *

Kelley,Moss & Holden,PLLC OFFICIAL RECORDSP.O.Box 20189 OF MOHAVE COUNTY

CAROL MEIERBullheadCity,AZ 86439-0189COUNTY RECOADER * i

07/17/2009 02:34 PM Fee: $15.00DOC TYPE: DECLPAID BY:KELLEY & MOSS PLLC

TRACT DECLARATION FOR

NON RESIDENTIAL (WELL SITE LR 1) PROPERTY

AT LAUGHLIN RANCH

This Tract Declaration forthe Non Residential (Well Site)Property at LaughlinRanch ("Tract Declaration") isexecuted by Laughlin Ranch, LLC, an Arizona limited

liabilitycompany, as Declarant and as the owner of the realproperty described on Exhibit

"A" attached hereto and incorporated herein by thisreference,("Well SiteLR I

Property"), and Laughlin Ranch, LLC, an Arizona limited liabilitycompany, as the

Community Master Planner, pursuant to the provisions of the Amended and Restated

Declaration of Covenants, Conditions, Restrictionsand Easements of Laughlin Ranch

Association recorded in Book 5444, page 549.

RECITALS:

A. Declarant isthe owner of the Well SiteLR 1 Property and desiresto subjectthe same to the Amended and Restated Declaration of Covenants, Conditions,

Restrictions and Easements forLaughlin Ranch Association dated February 14, 2005, and

recorded on February 17,2005, in Book 5444, Page 549, OfficialRecords of Mohave

County, Arizona, as may be amended from time to time (the "Laughlin Ranch

Declaration"). Capitalized terms not defmed in thisTract Declaration have the meanings

given them in the Laughlin Ranch Declaration.

B. The Laughlin Ranch Declaration contemplates thatTract Declarations for

property already subject to,or being annexed to,the Laughlin Ranch Declaration may be

executed and Recorded from time to time as development proceeds and thatcertain

exemptions may be granted fornon-residentialparcels as provided in Article 12. The

Laughlin Ranch Declaration requires the Community Master Planner to approve and

execute a Tract Declaration.

C. Declarant desires to record thisTract Declaration with respect to the Well

SiteLR 1 Property.

DECLARATIONS:

Declarant declares as follows:

1. Land Use Classification. The Well SiteLR 1 Property shallhave a land

use classificationof non-residentialuse for a utilitywell site.

2. Exempt from Assessments. The Well SiteLR I Property shallbe exemptfrom assessments.

3. Design Guidelines. The Well SiteLR I Property shallbe subject to the

Design Guidelines for Improvements within Laughlin Ranch, and shallspecificallybe

subject to the Laughlin Ranch Community Wall Systems, allin accordance with the

Laughlin Ranch Declaration. The Design Guidelines vest a significantamount of

discretionin the Association in the design review and approval process for

Improvements.

4. Memberships. There shallbe no Membership assigned to the Well

SiteLR I Property.





provisions of thisTract Declaration (as amended from time to time): (a)shallrun with

and bind the Well SiteLR 1 Property and allportions thereof,including but not limitedto

allReal Property created therefrom; (b) shallinure to the benefit of and shallbe

enforceable by the Association or by the owner of any properly subject hereto;and (c)shallremain in fullforce and effectfor a term co-extensive with the term of the LaughlinRanch Declaration, as the same may be extended in accordance with the provisionsthereof.

TractDeclarationandDeclarationofAnnexationforNon-Residential(WellSiteLR 1)PropertyatLaughlinRanch

Page2of6




8. Severability: Interpretation; Gender. Invalidationof any provisions of


provisions, which shallremain in fullforce and effect.The provisions of thisTract




genders, and the singular shallinclude the pluraland vice versa. Titlesof Articles and





violation of the rule againstperpetuities,then such provisions shallcontinue only until


the President of the United Statesin office on the date thisTract Declaration isRecorded.


reason to believe thatany provision in thisTract Declaration isor may be invalid or


representation as to the present or future validityor enforceabilityof any such provision.

Any owner acquiring the Real Property in relianceon one or more of such provisionsshallassume allrisksof the validityand enforceabilitythereof and by accepting

ownership of the Real Property agrees to hold Declarant harmless therefrom.






provision in thisTract Declaration places greater or more specificrestrictionsupon the

use, occupancy, improvement or development of the Tract or Real Property created

therefrom, or upon the activitiesor conduct of owners, residentsor others upon or about

the Tract or Real Property created therefrom, in which event the provision in thisTract

Declaration shallcontrol.


Page3of6



DECLARANT AND OWNER:



By: .

By: G. NEIL LSEY

Its: Designated Representative




By. .

By: G. NEI ELSEY

Its: Designated Repre entative

STATE OF ARIZONA )

) SS

COUNTY OF )

On this,the day of TU ,2009, before me, the

undersigned notary pubhc, personally appeated G. NEIL ELSEY, who acknowledgedhimself to be the Designated Representative of LAUGHLIN RANCH, LLC, an Arizona

limited liabilitycompany and thathe, being authorized so to do, executed the foregoinginstrument forthe purposes therein contained by signing the name of the company, byhimself as such officer.

CHRISfIEL.WILMOTF, I hereunto set hand and officialseal.

MoricopoCountyMyCommissionExpiresMay 10.2011

My Commission Expires: J

tary Publ c


Page4of6

LAUGHLIN RANCH WELL SITEFOR

ARIZONA AMERICAN WATER

LEGAL DESCRIPTION

A PORTION OF SECTION 8,TOWNSHIP 20NORTH, RANGE 21 WEST OF THE GILAAND SALT RIVER BASE AND MERIDIAN, MOHAVE GOUNTY. ARIZONA MOREPARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCING AT THE INTERSECTION OF LAUGHLIN RANCH BOULEVARDAND WILLIAM HARDY DRIVE AS DEPICTED ON THE FINAL PLATFORLAUGHLIN.RANCH UNITI,AS RECORDA IN RECEPTION NO. 2004011361INTHE OFFICIAL RECORDS OF MOHAVE COUNTY, ARIZONA;

THENCE SOUTH 00DEGREES 35 MINUTES 48 SECONDS WEST, ADISTANCE OF42.00FEET TO THE SOUTHERLY RIGHT OF WAY OF SAID LAUGHLIN RANCHBOULEVARD; THENCE ALONG SAID RIGHTOF WAY NORTH 89 DEGREES 42MINUTES 12SECONDS WEST A DISTANCE OF 50640 FEET TO THE TRUS POINTOF BEGINNING;

THENCE DEPARTING SAID RIGHT OF WAY SOUTif 00 DEGREES 35 MINUTES 48SECONDS WEST A DTSTANCE OF 80.00FEET;

I THENCE NORTH 89DEGREES 24 MINUTES 12SECONDS WEST A DISTANCE OF200.00FEET;

THENCE NORTH 00 DEGREES 35 MINUTES 48 SECONDS EAST A DISTANCE OF80.00FEET TO THE SOUTHERLY RIGHT OF WAY OF SAID LAUGHLIN RANCHBOULEVARD;

THENCE ALONG SAID RIGHT OF WAY SOUTH 89DEGREES 24 MINUTES 12SECONDS EAST A DISTANCE OF 200.00FEET TO THE TRUE POINT OFBEGINNING.

SAID PARCEL CONTAINS 16,000SQUARE FEET MOREOR LESS.

LN 131911-22-04DNAPAGE IOF 2

TractDeclarationandDeclarationofAnnexation, ExhibitA Page 1of2 forNon-Residential(WellSiteLR 1)PropertyatLaughlinRanch

WellSiteLR I Page5of6

LAUGHLIN RANCH WELL SITE

FOR

ARIZONA AMERIGAN WATER COMPANY

LAUGHLIN RANCH UNIT 1, TRACT 5090

RECEPTION NO. 2004011361

LAUGHLIN RANCH BOULEVARD P.O.C.

P.O.B. 500'3548"W 1S8974'i2"E N8924't2"W 406.60* 42.00200,00' N8924'12"W 506.60'to

'9 N8974'12"W 'e200.00' 8

DONH.MOEASON,A

LN. 1319

DNA

<?*):1( NOV. 22, 2004

PAGE 2 OF 2SCALE: T" = 100'

0 100 200' 300' o

TractDeclarationandDeclarationofAnnexationExhibitA Page2 of2 forNon-Residential(WellSiteLR 1)PropertyatLaughlinRanchWellSiteLR I Page6of6

Ill5MM'MOMMIIII

FEE# 2011034823

When RecordedReturnto: OFFICIAL RECORDS

Kelley,Moss & Holden,PLLC OF MOHAVE COUNTY -:-a

2031Highway95CAROL MEEER,

'.A

BullheadCity,AZ 86442COUNTY RECORDER . .......

06/30/2011 10:50 AM Fee: $15.

PAGE: 1 of 6

AMENDMENT FOR WITHDRAWAL OF REAL PROPERTY -

PARCEL I,NORTH FORK AT LAUGHLIN RANCH, TRACT 5151

FROM TRACT DECLARATION RECORDED AT FEE NO. 2006006377,

BOOK 6066, PAGE 441, OFFICIAL RECORDS OF MOHAVE COUNTY, ARIZONA

AND TO CONFIRM ANNEXATION INTO LAUGHLIN RANCH

AND THE LAUGHLIN RANCH DECLARATION

This Amendment for Withdrawal of Real Property, Parcel I,North Fork atLaughlin

Ranch, Tract 5151 from the Tract Declaration recorded at Fee No. 2006006377, Book 6066,

page 441, OfficialRecords of Mohave County, Arizona, isexecuted by Stinkweed Investment

Company, an Arizona limited liabilitycompany, as the owner of Parcel I,McCormick

Construction Co, an Arizona corporation,as the owner of Lots 1 through 53, NF-47, LLC, an

Arizona limited liabilitycompany as the owner of Lots 54 through 100, Laughlin Ranch

Owners Association, the not for profitcorporation created to serve as the owners association,

as the owner of Common Area Parcels A, B, C, D, E, F, G, H, J,K, and L, and LR

Renaissance, LLC, an Arizona limited liabilitycompany, the Community Master Planner to

withdraw Parcel I from the Tract Declaration and Declaration of Annexation for the North

Fork Neighborhood atLaughlin Ranch. The Tract Declaration at Section 13 provides for the

withdrawal of realproperty.

NOW, THEREFORE, KNOW ALL THESE MEN BY THESE PRESENTS, pursuant

to Section 13 of the Tract Declaration ,the partieshereto declare and statethatthe land legally

described as Parcel I,North Fork at Laughlin Ranch, Tract 5151 according to the platof

record in the Office of the Mohave County Recorder, recorded February 9, 2007 atFee No.

2007-013008 ishereby withdrawn from the terms, conditions and provisions of the Tract

Declaration, shallremain annexed intoLaughlin Ranch and subject to the Laughlin Ranch

Declaration recorded atBook 5444, page 549, OfficialRecords ofMohave County, Arizona,

as amended from time to time, and shallbe subjected to a Tract Declaration for non-

residentialparcel.

SIGNATURES APPEAR ON SEPARATE PAGES

OWNER OF PARCEL 1:

STINKWEED INVESTMENT COMPANY, LLC,


By: Joe Square

Its: Authorized Member

STATE OF ARIZ*BNA

) SS

COUNTY OF )

On thisthe IT day of Q 0 ,2011, before me the undersigned,

personally appeared Joe Squire, who acknowledged himself to be the Authorized Agent of

Stinkweed Investment Company, LLC, an Arizona limited liabilitycompany and thathe,

being authorized so to do, executed the foregoing instrument for the purposes therein

contained by signing the name of the company, as such officer.

IN WITNESS WHEREOF, I have hereunto setmy hand and officialseal.

My Commission Expires: Not ubl

11FFANYHOOLUNDmar Fra.S*80E MUTMcomesmassemODM M.EXP.8-1741094

Amendment forWithdrawalofRealPropertyParcel1,NorthForkatLaughlinRanch,Tract5151

fromTractDeclarationandtoConfirmAnnexationinto

LaughlinRanchandLaughlinRanchDeclaration

Page2 of6

OWNERS OF LOTS 1-53:

McCORMICK CONSTRUCTION CO.,


By:

By: John L. McCormick, III

Its: Vice President

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On thisthe day of /\f y ,2011, before me the undersigned,

personally appeared John L. McCormick, III,who acknowledged himself to be the Vice

President of McCormick Construction Co., an Arizona corporation and thathe, being

authorized so to do, executed the foregoing instrument for the purposes therein contained by

signing the name of the corporation,as such officer.


My Commission Expires: Notary Publi

OFFICIALSEALKELLEYCRENSHAW '

NOTARYPU9LiC-ARIZONAVOHNiE COUNW




Page3 of6

OWNER OF LOTS 54-100:

NF-47, LLC,


By:



STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On thisthe day of MA ,2011, before me the undersigned,

personally appeared John L. McCormick, III,who acknowledged himself to be the Authorized

Agent of NF-47, LLC, an Arizona limited liabilitycompany and thathe, being authorized so

to do, executed the foregoing instrument for the purposes thereincontained by signing the

name of the company, as such officer.


My Commission Expires: Nota Public

OFFICIALSEALKELLEYCRENSHAW

NOTARYPOSLIC-ARIZONAMOHAVE COUNTY




Page4 of6

OWNER OF COMMON AREA PARCELS A, B, C, D, E, F, G, H, J, K, and L:

LAUGHLIN RANCH OWNERS ASSOCIATION,

an Arizona not for profitcorporation

By:

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 14th day of June ,2011, before me, the undersigned

notary public,personally appeared Mark R. Clark ,who acknowledged himself to

be the secretary/Treasurezof Laughlin Ranch Owners Association, an Arizona not for

profitcorporation, and thathe, being authorized so to do, executed the foregoing instrument

for the purposes therein contained by signing the name of the corporation,by himself as such

officer.


Notary Pi blic

My Commission Expires:OFFICIALSEAL

KELLEYCRENSHAWNOTARYPUBLIC-ARIZONA

MOHAVE COUNTYMY COMM.EXP.07130/14

Amendment forWithdrawalofRealPropertyParcelI,NorthForkatLaughlinRanch,Tract5151



Page5 of6


LR RENAISSANCE, LLC,


By. .

By: G. NE L ELSE

Its: Designated Representative

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 2.0 day of 7000 ,2011, before me, the undersigned

notary public,personally appeared G. NEIL ELSEY, who acknowledged himself to be the

Designated Representative of LR RENAISSANCE, LLC, an Arizona limited liability

company and thathe, being authorized so to do, executed the foregoing instrument forthe

purposes therein contained by signing the name of the company, by himself as such officer.


My Commission Expires: qi Mi)20sa

Notary Public




Page6 of6

\0FEE# 2011034824

When RecordedReturnto:OFFICIAL RECORDS

Kelley,Moss & Holden,PLLC OF MOHAVE COUNTY2031Highway95 CAROL MEIER

'

BullheadCity,AZ 86442 COUNTY RECOADER . . ...

96/30/2011 10:50 AM Fee: $19.

PAGE: 1 of 19

AMENDED AND RESTATED (FIRST)

TRACT DECLARATION AND DECLARATION OF ANNEXATION

FOR THE NORTH FORK NEIGHBORHOOD

AT LAUGHLIN RANCH

(RESIDENTIAL)

This Amended and Restated Tract Declaration for The North Fork Neighborhood

at Laughlin Ranch ("Tract Declaration") isexecuted by McCormick Construction Co., an

Arizona corporation,as Tract Declarant and, NF-47, LLC, an Arizona limited liability

company, as Tract Declarant, and LR Renaissance, LLC, an Arizona limited liability

company, as the Community Master Planner, and the Owners of not lessthan sixty-seven

percent (67%) of the Lots, as required by the provisions of the Amended and Restated

Declaration of Covenants, Conditions, Restrictionsand Easements of Laughlin Ranch

Association recorded in Book 5444, page 549 to amend and restatethe Tract Declaration.

RECITALS:

A. Laughlin Ranch, LLC as the Declarant, and as the owner of realproperty

subjected said realproperty to the Amended and Restated Declaration of Covenants,

Conditions, Restrictionsand Easements for Laughlin Ranch Association dated February

14, 2005, recorded on February 17, 2005, in Book 5444, Page 549, OfficialRecords of

Mohave County, Arizona, as may be amended from time to time (the "Laughlin Ranch

Declaration"). Capitalized terms not defined in thisTract Declaration have the meanings

given them in the Laughlin Ranch Declaration.

B. Declarant, as the owner of the realproperty subdivided as North Fork at

Laughlin Ranch, Tract No. 5151, and in itscapacity as Community Master Planner

executed and recorded a Tract Declaration recorded on January 20, 2006, in Book 6066,

page 441, OfficialRecords of Mohave County, Arizona.

C. Successor Tract Declarants McCormick Construction Co., as the owner of

Lots 1-53 inclusive,North Fork atLaughlin Ranch, Tract 5151, and NF-47, LLC as the

owner of Lots 54-100, inclusive,North Fork atLaughlin Ranch, Tract 5151 desireto

amend and restatethe Tract Declaration to read in itsentiretyas setforthherein.

D. Laughlin Ranch Owners Association joins in thisAmended and Restated

Tract Declaration as the owner of the Common Area Parcels A, B, C, D, E, F, G, H, J,K,

and L of North Fork at Laughlin Ranch, Unit 1,Tract 5151,

DECLARATIONS:

The Tract Declaration forNorth Fork isamended in itsentiretyto provide as

follows:

1. Residential Land Use Classification. Lots One (1) through One

Hundred (100), inclusive,North Fork at Laughlin Ranch, Tract 5151 shallhave a land use

classificationof Single Family Residential Use, subjectto the provisions of thisTract

Declaration and the Laughlin Ranch Declaration.

2. Production Home Design Guidelines. Production Home Design

Guidelines have been adopted by the Design Review Board in accordance with the

Laughlin Ranch Declaration. All Improvements on the Single Family Residential Real

Property must comply with the Production Home Design Guidelines. The Production

Home Design Guidelines vest a significantamount of discretionin the Association in the

design review and approval process for Improvements.

3. Residential Unit Size Restrictions. Every Residential Unit shallhave

a fullyenclosed floorarea devoted to livingpurposes, exclusive of porches, terracesand

garages, of not lessthan 1300 square feet,shallbe not exceed (i)twenty-five feet(25')

from finishgrade elevation to the peak of the roof for a one storyUnit or (ii)thirtyfeet

(30')from finishgrade elevation to the peak of the roof for a two storyUnit.

4. Residential Setback Requirements. Every Residential Unit shallbe set

back not lessthan twenty (20) feetfrom the front(street)property line,fifteen(15) feet

from the rear property line,and five (5) feetfrom each side lotlineexcept on corner lots

which shallbe setback ten (10) feetfrom the side streetline. Off setor staggering of

frontsetbacks for contiguous Lots isencouraged and may be required by the Laughlin

Ranch Design Review Board.

5. Residential Landscaping. All Residential Units shallbe landscaped in

accordance with the community standards promulgated pursuant to the Laughlin Ranch

Declaration and articulatedin the Laughlin Ranch Production Home Design Guidelines.

Amended andRestatedTractDeclarationandDeclarationofAnnexationfor

TheNorthForkNeighborhoodatLaughlinRanch(Residential)

A & R TractDeclaration(First)-May17,2011 Page2 of10

6. Residential Walls and Fences. Walls and fences shallbe constructed

concurrent with the Residential Unit, or within such time as may be permitted by the

Association. All walls and fences shallbe constructed and maintained by Owner(s) in

accordance with the community standards prescribed in the Laughlin Ranch Production

Home Design Guidelines. Alterations or modifications to the walls and fences that

deviate from the Laughlin Ranch Production Home Design Guidelines are expressly

prohibited.

7. Memberships. For Residential Units the number of Memberships

associated with the Real Property shallbe determined as provided in the Laughlin Ranch

Declaration.

8. Neighborhood Assessment Area. All Common Areas as established

on a Final Plat Map for North Fork at Laughlin Ranch designated as single family

residentialuse property through the Bullhead City Zoning Resolution, including but not

limitedto private streets,landscape parcels,trails,parcels,open spaces and the

improvements thereon such as private entry gates or monuments, gate operators and gate

phone dialersystem erected,constructed,builtand maintained on any portion of said

streets,are hereby designated as a Neighborhood Assessment Area as provided in the

Laughlin Ranch Declaration to be operated, maintained, repaired and replaced by the

Association for the sole and primary benefit of the owners of the Residential Units. All

Common Expenses of the Association pertaining to the operation,maintenance, repair

and replacement of the Neighborhood Assessment Area designated in thisparagraph,

including,but not limitedto,(a)any contributionsto reserves for maintenance,

replacement and repairsand for contingencies, (b) any additionalinsurance premiums

charged to the Association because of the type or nature of the Neighborhood Assessment

Area, and (c)any costs,losses,damages, liabilitiesor expenses, including,without

limitation,attorneys'fees and court costs,suffered or incurred by the Association by

reason of itsownership, operation,maintenance, replacement or repairof the

Neighborhood Assessment Area (tothe extent they exceed the amount of any insurance

proceeds received by the Association or any proceeds recovered by the Association from

other parties,as reasonably determined by the Board), shallbe assessed solelyagainst the

Residential Units. Additional Real Property may be included in thisNeighborhood

Assessment Area and subjected to the Neighborhood Assessment through subsequent

Neighborhood or Tract Declarations. The Neighborhood Assessments shallbe levied

against the Residential Units at a uniform rateper Membership. Ifthe Board determines

during any Assessment Period thatNeighborhood Assessments with respect to the

Neighborhood Assessment Area designated in thisparagraph are or will become

inadequate to meet allCommon Expenses pertaining to the Neighborhood Assessment

Area designated herein for any reason, including,without limitation,nonpayment of


The NorthForkNeighborhoodatLaughlinRanch(Residential)A & R TractDeclaration(First)-May17,2011 Page3 of10

Neighborhood Assessments by Members, the Board may increase the Neighborhood

Assessment for thatAssessment Period and the revised Neighborhood Assessment shall

commence on the date designated by the Board. The establishment of thisNeighborhood

Assessment Area in thisTract Declaration shallnot restrictor otherwise impact the use of

those areas by other owners in the Association.





provisions of thisTract Declaration (as amended from time to time): (a)shallrun with

and bind allLots, Parcels and other portions of North Fork at Laughlin Ranch, Tract No.

5151, except Parcel I which isexpressly excluded, (b) shallinure to the benefit of and

shallbe enforceable by the Association or by the owner of any properly subjecthereto or;

and (c)shallremain in fullforce and effectfor a term co-extensive with the term of the

Laughlin Ranch Declaration, as the same may be extended in accordance with the

provisions thereof.

11. Amendment. This Tract Declaration may be amended by the Tract

Declarant and the Community Master Planner at any time to annex additionalreal

property intothisTract Declaration or to withdraw Real Property from thisTract

Declaration. In allother instances,thisTract Declaration may be amended only as



12. Annexation. The Tract Declarant, with the consent of the Master Planner,

may annex additionalReal Property intothisTract Declaration by a separate Declaration

of Annexation which setsforththe Real Property to be subjected hereto,the recording

data for the plat for said Real Property and the recording data for thisTract Declaration.











The NorthForkNeighborhoodatLaughlinRanch(Residential)




violationof the rule againstperpetuities,then such provisions shallcontinue only until




reason to believe thatany provision in thisTract Declaration isor may be invalidor



Any owner acquiring the Real Property in relianceon one or more of such provisions

shallassume allrisksof the validityand enforceabilitythereof and by accepting

ownership of the Real Property agrees to hold Declarant harmless therefrom.







use, occupancy, improvement or development of the Tract or Real Property created

therefrom, or upon the activitiesor conduct of owners, residentsor others upon or about

the Tract or Real Property created therefrom, in which event the provision in thisTract

Declaration shallcontrol.


firstsetforthabove.



TheNorthForkNeighborhoodatLaughlinRanch(Residential)A & R TractDeclaration(First)-May17,2011 Page5 of10

TRACT DECLARANT AND OWNER OF

LOTS 1 THROUGH 53:

McCORMICK CONSTRUCTION CO.,


By:


Its: Vice President

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On thisthe day of M[L ,2011, before me the undersigned,

personally appeared John L. McCormick, III,who acknowledged himself to be the Vice

President of McCormick Construction Co., an Arizona corporation and thathe, being

authorized so to do, executed the foregoing instrument for the purposes thereincontained

by signing the name of the corporation,as such officer.


My Commission Expires: Nota Public 0

OFFICALSEALKELLEYCRENSHAW

NOTARYPUSLC -ARIZONAMOHAVE COUNTY




TRACT DECLARANT AND OWNER

OF LOTS 54 THROUGH 100:

NF-47, LLC,


By:



STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On thisthe day ofj

,2011, before me the undersigned,

personally appeared John L. McCormick, III,who acknowledged himself to be the

Authorized Agent of NF-47, LLC, an Arizona limited liabilitycompany and thathe, being

authorized so to do, executed the foregoing instrument for the purposes thereincontained

by signing the name of the company, as such officer.

IN WITNESS WHEREOF, I have hereunto setmy hand and ofilcialseal.

My Commission Expires: Nota Public

OFFICIALSEALKELLEYCRENSHAW

NOTARYPUBLiC-ARIZONAM QHAVECOUNTY







By: .

By: G. NEIL ELSEY

Its: Designated Repres ntative

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 20 day of I ,2011, before me, the

undersigned notary public,personally appeared G. Neil Elsey, who acknowledged himself

to be the Designated Representative of LR Renaissance, LLC, an Arizona limited liability

company and thathe, being authorized so to do, executed the foregoing instrument for the

purposes therein contained by signing the name of the company, by himself as such

officer.


My Commission Expires: 4 fewla sq

Notary Public


The NorthForkNeighborhoodatLaughlinRanch(Residential)


ASSOCIATION:

LAUGHLIN RANCH OWNERS ASSOCIATION,

an Arizona not for profitcorporation

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 14th day of June ,2011, before me, the

undersigned notary public,personally appeared Mark R. clark ,who

acknowledged himself to be the secretary/Treasurer of Laughlin Ranch Owners

Association, an Arizona not for profitcorporation and thathe, being authorized so to do,

executed the foregoing instrument for the purposes therein contained by signing the name

of the company, by himself as such officer.


No a Public

My Commission Expires. o$EwESEALKELLEYCRENSHAW

NOTA.RYPUBLIC-ARIZONA100HAVECOUNTY


TheNorthForkNeighborhoodatLaughlinRanch(Residential)A & R TractDeclaration(First)-May17,201I Page9 of10

EXHIBIT "A"

ALL LOTS, PARCELS AND OTHER PORTIONS OF NORTH

FORK AT LAUGHLIN RANCH, TRACT 5151, according to the platof

record in the officeof the County Recorder of Mohave County, Arizona

recorded February 9, 2007 as Fee No. 2007-013008 except PARCEL "I".



A & R TractDeclaration(First)-May17,2011 Page10of10

FEE# 2011034825

When RecordedReturnto:R

OUFTKelley,Moss & Holden,PLLC CAROL,M55ER,2031Highway95 COUNTY RECORDER * -

BullheadCity,AZ 8644296/30/2011 10:50 RM Fee: $15.

PAGE: 1 of 6

TRACT DECLARATION

FOR PARCEL I,NORTH FORK AT

LAUGHLIN RANCH, TRACT 5151

( NON RESIDENTIAL PARCEL)

This Tract Declaration for Parcel I,North Fork at Laughlin Ranch, Tract 5151,

("Tract Declaration") isexecuted by Stinkweed Investment Company, LLC, an Arizona

limited liabilitycorporation, as Tract Declarant and as the owner of Parcel I,North Fork

at Laughlin Ranch, Tract 5151, and LR Renaissance, LLC, an Arizona limited liability

company, as the Community Master Planner, pursuant to the provisions of Amended and

Restated Declaration of Covenants, Conditions, Restrictionsand Easements of Laughlin

Ranch Association recorded in Book 5444, page 549, OfficialRecords of Mohave

County, Arizona.

RECITALS:

A. Tract Declarant isthe owner of Parcel I,North Fork at Laughlin Ranch,

Tract 5151, (hereinafterreferenced to as "Parcel I")which issubject to the Amended and

Restated Declaration of Covenants, Conditions, Restrictionsand Easements for Laughlin

Ranch Association dated February 14, 2005, and recorded on February 17, 2005, in Book

5444, Page 549, OfficialRecords of Mohave County, Arizona as may be amended from

time to time (the "Laughlin Ranch Declaration"). Capitalized terms not defined in this

Tract Declaration have the meanings given them in the Laughlin Ranch Declaration.

B. The Laughlin Ranch Declaration contemplates thatTract Declarations for

property already subject to,or being annexed to,the Laughlin Ranch Declaration may be

executed and Recorded from time to time as development proceeds and as land use

classificationsfor such property are established. The Laughlin Ranch Declaration

requires the Community Master Planner to approve and execute a Tract Declaration.

C. Declarant desiresto record thisTract Declaration with respect to Parcel I,

North Fork at Laughlin Ranch, Tract 5151 ("Parcel I").

DECLARATIONS:

Declarant declares as follows:

1. Land Use Classification. Parcel I shallhave a land use classificationof

Neighborhood Commercial as defined in the Laughlin Ranch Commercial Design

Guidelines, subject to the provisions of thisTract Declaration and the Laughlin Ranch

Declaration.






illustrationand not by way of limitation,the Owner shallbe responsible for maintaining

allexteriorwalkways, parking areas,lighting,and landscaping.




Tracts,including but not limitedto providing services,implementing programs, and/or

sales/marketing activityfor the benefit of the Occupants. Any such Neighborhood or







to the nearest whole acre using standard rulesof rounding. Each Membership shallbe

entitledto one (1) vote. Provided, however, priorto issuance of a permit by Bullhead

City authorizing construction of Improvements on Parcel I,or any portion thereof,or any

division of Parcel I in compliance with Bullhead City Ordinances, Parcel I shallbe

deemed to have one (1) vote.

6. Assessments. The Tracts shallbe subject to the base assessment for

Laughlin Ranch Association.

TractDeclarationforParcelI

NorthForkatLaughlinRanch,Tract5151

(Non-ResidentialParcel)

Page2 of6






and bind Parcel I,and allportions thereof,including but not limitedto allTracts created

therefrom; (b) shallinure to the benefit of and shallbe enforceable by the Association or

by the owner of any properly subject hereto or;and (c)shallremain in fullforce and

effectfor a term co-extensive with the term of the Laughlin Ranch Declaration, as the

same may be extended in accordance with the provisions thereof. Tract Declarant

confirms Parcel I isand shallremain annexed intoLaughlin Ranch and subjectto the

Laughlin Ranch Declaration as amended from time to time.













I1. Perpetuities. Ifany of the covenants, conditions,restrictionsor other


violationof the rule against perpetuities,then such provisions shallcontinue only until



12. Tract Declarant's Disclaimer of Representations. While Tract

Declarant has no reason to believe thatany provision in thisTract Declaration isor may

be invalidor unenforceable for any reason or to any extent,Tract Declarant makes no




Page3 of6

warranty or representationas to the present or futurevalidityor enforceabilityof any such

provision.Any owner acquiring a Tract in relianceon one or more of such provisions

shallassume allrisksof the validityand enforceabilitythereof and by accepting

ownership of the Tract agrees to hold Tract Declarant harmless therefrom.










control.


firstsetforthabove.





Page4 of6

TRACT DECLARANT AND OWNER

STINKWEED INVESTMENT COMPANY, LLC,


By:

By: Joe Squire


STATE OF-ARf 6NA )

COUNTY OF

) SS

On thisthe day of ,2011, before me the undersigned,

personally appeared Joe Squire, who acknowledged himself to be the Authorized Agent

of Stinkweed Investment Company, LLC, an Arizona limited liabilitycompany and that

he, being authorized so to do, executed the foregoing instrument forthe purposes therein

contained by signing the name of the company, as such officer.


My Commission Expires: o Pu ic

erarnere*smeam-seemsCOMM, SMP.8474014

TractDeclarationforParcelINorthForkatLaughlinRanch,Tract5151


Page5 of6

COMMUNITY MASTER PLANNER



y: ,

By: G. N L ELSEY

Its: Designated Rep esentative

STATE OF ARIZONA )

) SS

COUNTY OF MOHAVE )

On this,the 1* day of N ,2011, before me, the

undersigned notary public,personally appeared G. Neil Elsey, who acknowledged himself

to be the Designated Representative of LR Renaissance, LLC, an Arizona limited liability

company and thathe, being authorized so to do, executed the foregoing instrument forthe

purposes therein contained by signing the name of the company, by himself as such

officer.


Notary Public


b 1Zopy0mCR.SEM.

ammoomyspannapseque.14au

TractDeclarationforParcel1



Page6 of6

WenR

ddCRau ti FEE# 2013041464

Attn:LegalDepartment OFFICIAL RECORDS OF MOHAVE COUNTY

P.O. Box 910 CAROL MEIER, COUNTY RECORDER

Scottsdale,AZ 85252 08/05/2013 03:54 PM Fee $18.00PAGE: 1 of 8

TRACT DECLARATION

FOR THE VISTAS NEIGHBORHOOD

AT LAUGHLIN RANCH

(THIRD AMENDED AND RESTATED)

This TractDeclarationforThe VistasatLaughlin Ranch Neighborhood ("Tract

Declaration")isamended and restatedby IMH LR Real Estate,LLC, an Arizona limitedliability

company, ("Declarant")as Declarantand theowner of one hundred seventy six(176)of thetwo

hundred thirtyone (231)Lots describedon Exhibit"A", and Dorn Homes, Inc.("Dorn") as

owner of four (4)of thetwo hundred thirtyone (231)Lots describedon Exhibit"A", and IMH

LR Real Estate,LLC, an Arizona limitedliabilitycompany, as the Community Master Planner,

and Laughlin Ranch Owners Association,("Association"),pursuanttotheprovisionsof

Declarationof Covenants, Conditions,Restrictionsand Easements of Laughlin Ranch

Association(Amended and Restated)recorded inBook 5444, page 549, OfficialRecords of

Mohave County, Arizona,as subsequentlyamended.

RECITALS:

A. Declarantistheowner of one hundred seventysix (176)of thetwo hundred thirty

one (231)Lots describedon Exhibit"A" and Dorn istheowner of four (4)of thetwo

hundred thirtyone (231)Lots describedon Exhibit"A". All of thetwo hundred thirty

one (231)Lots describedon Exhibit"A" ("Exhibit"A" Lots")aresubjectto the

Declarationof Covenants, Conditions,Restrictionsand Easements forLaughlin

Ranch Association,(Amended and Restated)recorded on February 17,2005, inBook

5444, Page 549, OfficialRecords of Mohave County, Arizona,as may be amended

from time totime (the"Laughlin Ranch Declaration").Capitalizedterms not defined

inthisTractDeclarationhave themeanings given them intheLaughlin Ranch

Declaration.

B. The Laughlin Ranch DeclarationcontemplatesthatTractDeclarationsforproperty

alreadysubjectto,or being annexed to,theLaughlin Ranch Declarationmay be

executed and recordedfrom time totime as development proceeds and as land use

classificationsforsuch propertyareestablished.The Laughlin Ranch Declaration

requirestheCommunity Master Plannerto approve and execute a TractDeclaration.

C. Declarantrecorded a TractDeclarationforThe VistasatLaughlin Ranch

Neighborhood on October 6,2004, atBook 5238, Page 417, OfficialRecords of

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Mohave County, Arizona,which was amended and restatedFebruary 17,20005, at

Book 5444, page 639, and May 30,2006, atBook 6284, Page 994, OfficialRecords

of Mohave County, Arizona (the"VistasTractDeclaration").

D. The Laughlin Ranch DeclarationprovidesthatTractDeclarationsmay be amended

by owners holding atleastsixty-sevenpercent(67%) of theeligiblevotesinthe

Associationheld by the Owners of allof theLots and TractssubjecttothatTract

Declaration.Declarantand Dorn togetherown more than sixty-sevenpercent(67%)

of theeligiblevotesintheAssociationheld by Owners of allof theLots and Tracts

subjectto theVistasTractDeclaration.

E. Declarant,Dorn and Community Planner desireto amend and restateand recordthis

TractDeclarationwith respectto allof theLots describedinExhibit"A".

F. The AssociationconsentstothisTractDeclarationand ratifiesallpriorversions

thereof.

DECLARATIONS:

Declarantdeclaresas follows:

1. Land Use Classification.The Exhibit"A" Lots shallhave a land use classificationof

SingleFamily ResidentialUse, subjecttotheprovisionsof thisTractDeclarationand the

Laughlin Ranch Declaration.Any and allreferencesinthisTractDeclarationto "Lot" or

"Lots" shallbe deemed to referto any Lot or Lots of theExhibit"A" Lots.

2. Custom Home Design Guidelines and Production Home Design Guidelines. Custom

Home Design Guidelinesand ProductionHome Design Guidelineshave been adopted by

theDesign Review Board inaccordance with theLaughlin Ranch Declaration.All

Improvements on theLots must comply with the Custom Home Design Guidelinesor

ProductionHome Design Guidelinesor such modificationsor variancestherefrom as

may be approved by theLaughlin Ranch Design Review Board with respectto particular

Lots. The Custom Home Design Guidelinesand ProductionHome Design Guidelines

vesta significantamount of discretionintheAssociationinthedesignreview and

approvalprocessforImprovements.

3. ResidentialUnit Size Restrictions.Every ResidentialUnit constructedon an Exhibit

"A" Lot shallhave a fullyenclosedfloorareadevoted tolivingpurposes,exclusiveof

porches,terracesand garages,of not lessthan one thousand fivehundred (1500) square

feet.The Laughlin Ranch Design Review Board shallbe vestedwith the authorityto

determinetheminimum and maximum buildingsizeforeach Exhibit"A" Lot. The

maximum buildingsizemay be designatedduringthereview processor as a partof the

Custom Home Design Guidelinesor ProductionHome Design Guidelinesinthesole

discretionof theLaughlin Ranch Design Review Board.

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4. Height Restriction.The Exhibit"A" Lots differinelevation.In ordertopreserve,

protectand promote theuniqueness and views withinLaughlin Ranch, theLaughlin

Ranch Design Review Board shallbe vestedwith the authorityto determinemaximum

heightrestrictionsforeach Exhibit"A" Lot. The maximum heightrestrictionmay be

designed duringthereview processor as a partof the Custom Home Design Guidelines

or ProductionHome Design Guidelinesinthe solediscretionof theLaughlin Ranch

Design Review Board.

5. Setback Requirements. Setbacks aredesigned tobe pedestrianfriendlyand increasethe

naturaldesertfeelingalong thestreet.The frontyard setbackforeach Lot may vary

along an entirestreetto createthefeelingthatLaughlin Ranch isdesigned as partof the

naturallandscaperatherthan ignoringit.Actual setbacksshallbe determined by the

Laughlin Ranch Design Review Board as a partof thereview process.Provided

however, thatevery ResidentialUnit shallbe setback no lessthan twenty (20)feetfrom

thefront(street)propertyline,fifteen(15)feetfrom therearpropertyline,and five(5)

feetfrom each sidelotlienexcept on cornerlotswhich shallbe setback ten (10)feet

from thesidestreetline.

6. Landscaping. All ResidentialUnits shallbe landscaped inaccordance with the

community standardspromulgated pursuantto theLaughlin Ranch Declarationand

articulatedintheLaughlin Ranch Custom Home Design Guidelinesor ProductionHome

Design Guidelines.

7. Walls and Fences. Walls and Fences shallbe constructedconcurrentwith the

ResidentialUnit,or withinsuch time as may be permittedby theAssociation.All walls

and fencesshallbe constructed,and maintained by Owner(s), inaccordance with the

community standardsprescribedintheLaughlin Ranch Custom Home Design Guidelines

or ProductionHome Design Guidelines.Alternationsor modificationsto thewallsand

fencesthatdeviatefrom theLaughlin Ranch Custom Home Design Guidelinesor

ProductionHome Design Guidelinesareexpresslyprohibited.

8. Memberships. The number of Memberships associatedwith theLots shallbe

determined as provided intheLaughlin Ranch Declaration.

9. Neighborhood Assessment Area. The Laughlin Ranch AssociationCommon Areas as

establishedon theFinalPlan forLaughlin Ranch, Unit 2,Tract5127 recorded atFee No.

2004-09143 and Laughlin Ranch, Unit 3,Tract5134 recorded atFee No. 2005-016596

comprising landscapeparcelsand thosestreetswhich abuttheExhibit"A" Lots and the

improvements thereon,such as privateentrygatesor monuments, gateoperatorsand gate

phone dialersystem,erected,constructed,builtand maintained on any portionof said

streetsarehereby designatedas a Neighborhood Assessment Area as provided inthe

Laughlin Ranch Declarationto be operated,maintained,repairedand replacedby the

Associationforthesoleand primary benefitof theExhibit"A" Lot Owners. All

Common Expenses of theAssociationpertainingtotheoperation,maintenance,repair

and replacement of theNeighborhood Assessment Area designatedinthisparagraph,

including,but not limitedto,(a)any contributionsto reservesformaintenance,

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2013041464 Page: 4 of 8

replacement and repairsand forcontingencies,(b)any additionalinsurancepremiums

charged totheAssociationbecause of thetype or natureof theNeighborhood Assessment

Area, and (c)any costs,losses,damages, liabilityor expenses,including,without

limitation,attorneys'feesand courtcosts,sufferedor incurredby theAssociationbyreason of itsownership, operation,maintenance,replacement or repairof the

Neighborhood Assessment Area (tothe extentthey exceed the amount of any insurance

proceeds receivedby theAssociationor any proceeds recoveredby theAssociationfrom

otherparties,as reasonablydetermined by theBoard),shallbe assessedsolelyagainstthe

Exhibit"A" Lots. AdditionalLots may be includedinthisNeighborhood Assessment

Area and subjectedtotheNeighborhood Assessment through subsequent Neighborhoodor TractDeclarations.The Neighborhood Assessment shallbe leviedagainsttheExhibit

"A" Lots ata uniform rateper Membership. IftheBoard determinesduring anyAssessment Period thatNeighborhood Assessments with respectto theNeighborhoodAssessment Area designed inthisparagraph areor willbecome inadequatetomeet all

Common Expenses pertainingtotheNeighborhood Assessment Area designed hereinfor

any reason,including,withoutlimitation,nonpayment of Neighborhood Assessments by

Members, theBoard may increasetheNeighborhood Assessment forthatAssessment

Period and therevisedNeighborhood Assessment shallcommence on thedatedesignated

by theBoard. The establishmentof thisNeighborhood Assessment Area inthisTract

Declarationshallnot restrictor otherwiseimpact theuse of those areasby otherowners

intheAssociation.Exhibit"A" Lots shallmean and refertotheLots describedthereon

and any additionalLots annexed intothisTractDeclarationthrough amendment or

annexation.

10. Enforcement. As provided intheLaughlin Ranch Declaration,theAssociationor anyMember shallhave therightto enforcetheprovisionsof thisTractDeclarationas one of

theProjectDocuments.

11.Term. All of thecovenants,conditions,restrictionsand otherprovisionsof thisTract

Declaration(asamended from time totime):(a)shallrun with and bind theExhibit"A"

Lots and allportionsthereof,includingbut not limitedto allLots createdtherefrom;(b)

shallinuretothebenefitof and shallbe enforceableby theAssociationor by theowner

of any propertysubjectheretoor;and (c)shallremain infullforceand effectfora term

co-extensivewith theterm of theLaughlin Ranch Declaration,as thesame may be

extended inaccordance with theprovisionsthereof.

12.Amendment. This TractDeclarationmay be amended atany time by theDeclarantand

theCommunity Planner to annex additionalLots intothisTractDeclaration.In allother

instances,thisTractDeclarationmay be amended only as provided intheLaughlin Ranch

Declaration.In no event shallany amendment be effectiveunlessitisapproved by the

Community Master Planner and untilitisRecorded.

13.Annexation. The Declarant,with theconsentof theMaster Planner,may annex

additionalLots intothisTractDeclarationby a separateDeclarationof Annexation which

setsforththeLots tobe subjectedhereto,therecordeddatafortheplatforsaidLots and

therecordingdataforthisTractDeclaration.

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14.Severability:Interpretation:Gender. Invalidationof any provisionsof thisTract

Declarationby judgment or courtordershallinno way affectany otherprovisions,which

shallremain infullforceand effect.The provisionsof thisTractDeclarationshallbe

construedand interpretedwith referencetothe laws of the Stateof Arizona. Where the

contexthereofso requires,any personalpronouns used inthisTractDeclaration,whether

used inthemasculine,feminine or neutergender,shallincludeallgenders,and the

singularshallincludethepluraland viceversa. Titlesof Articlesand Sectionsarefor

convenience only and shallnot affectthe interpretationhereof.All Exhibitsattached

heretoareincorporatedhereinby reference.

15.Perpetuities.Ifany of the covenants,conditions,restrictionsor otherprovisionsof this

TractDeclarationwould otherwisebe unlawful,void or voidableforviolationof therule

againstperpetuities,then such provisionsshallcontinueonly untiltwenty-one (21)years

afterthedeath of thelastsurvivorof thenow livingdescendantsof thePresidentof the

United Statesinofficeon thedatethisTractDeclarationisRecorded.

16.Declarants' Disclaimer of Representations. While Declaranthas no reason tobelieve

thatany provisioninthisTractDeclarationisor may be invalidor unenforceableforany

reason or to any extent,Declarantmakes no warranty or representationas to thepresent

or futurevalidityor enforceabilityof any such provision.Any owner acquiringa Lot in

relianceon one or more of such provisionsshallassume allrisksof thevalidityand

enforceabilitythereofand by acceptingownership of theLot agreesto hold Declarant

harmless therefrom.

17.Relationship to Laughlin Ranch Declaration. This TractDeclarationshallbe

consideredan integralpartof theProjectDocuments and shallbe construedand

interpretedin a manner consistenttherewith.In theeventof any conflictbetween a

provisionof theLaughlin Ranch Declarationand a provisionof thisTractDeclaration,

theprovisionintheLaughlin Ranch Declarationshallcontrolexcept inthe case where

theprovisioninthisTractDeclarationplacesgreateror more specificrestrictionsupon

theuse,occupancy, improvement or development of theTractor Lots createdtherefrom,

or upon the activitiesor conduct of owners, residentsor othersupon or about theTractor

Lots createdtherefrom,inwhich eventtheprovisioninthisTractDeclarationshall

control.

[Signaturescontinuedon next page]

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2013041464 Page: 6 of 8

IN WITNESS WHEREOF, undersigned partieshave caused thisTractDeclarationtobe

duly executed.

DECLARANT AND OWNER: ASSOCIATION:

IMH LR REAL ESTATE, LLC, LAUGHLIN RANCH OWNERS

an Arizona limitedliabilitycompany ASSOCIATION,

an Arizona non- rofitcorporation

By: IMH FinancialCorporation

a Delaware corporation

Its: Sole Member By:

Name: Wilham G. Meris

Its: President

By:

Name William G. Meris

Its: President& CEO

OWNER: COMMUNITY MASTER PLANNER:

DORN HOMES, INC., IMH LR REAL ESTATE, LLC,

an Arizona corporation an Arizona limitedliabilitycompany

By: By: IMH FinancialCorporation

a Delaware corporation

Name: a e I Its: Sole Member

Title: re Si

By:

Name: William G. Meris

Its: President& CEO

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2013041464 Page: 7 of 8

STATE OF ARIZONA )

)ss.

COUNTY OF MARICOPA )

On this day of . 2013, before me the undersigned notary public,

personally appeared William G. Meris, who acknowledged himself to be the President of

Laughlin Ranch Owners Association and to be the President and CEO of IMH Financial

Corporation,acting as sole member of IMH LR REAL ESTATE, LLC, an Arizona limited

liabilitycompany and thathe, being authorizedso to do, executed the foregoing instrumentfor

thepurpose thereincontained,

a islanisasuallIII16 IIO Ihereuntosetmy hand and officialseal.

CHRISTIEL.WILMOTNoteryPublic-ArizonaMaricopaCounty

My Cornet.ExpiresMay 10,2015Notary Public

"HillillIIIIIIIIIIIIllIIIIIIIllNIIIIIIIIIIIHilfilillilfilliffilifilliffilfilifillum

STATE OF ARIZONA ) SHERRY SAVAGE

) ss YAVAPAlCOUNTYCOUNTY OF & 4/& ) laycornmenton

Apru18,2016

On this& day of ,2013, beforeme theundersignednotarypublic,

personally,appeared rtrwAA .who acknowledged himselftobe the

fektol?M of DORN HOMES, INC., an Arizona corporationand thathe,being

authorizedso to do, executed theforegoinginstrumentforthepurpose thereincontained.

IN WITNESS WHEREOF, Ihereunto setmy hand and offi 1seal.

Not y Public

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EXHIBIT "A"

Lots 111 through 116, inclusive,LR1 through LR14, inclusive,accordingtotheplatforLaughlin

Ranch, Unit 2,Tract5127, recorded October 6,2004 atFee No. 2004-93143.

Lots 1 through 185,inclusive,and Lots 213 through 238, inclusive,accordingto theplatfor

Laughlin Ranch, Unit 3,Tract5134, recorded February 17,2005 atFee No. 2005-016596.

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