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assessment lien, and a Lot Owner abandons or leaves vacant his or her Lot, the Board may <br />apply for the appointment of a receiver for the Lot without prior notice to the Lot Owner. <br />The rights of the Club shall be expressly subordinate to the rights of any holder of a First <br />Lien Security Interest as set forth in its deed of trust or mortga?e (including any assignment <br />of rents), to the extent permitted under the Act. • <br />3:7 Lien Prioritv. The lien of the Club under this Section�is prior to all other liens and <br />encumbrances on a Lot except: (1) liens and encumbrances recorded before the recordation of the <br />Declaration; (2) a first lien Security Interest on the Lot (except as allowed by the Act with regard to <br />the limited lien priority allowed to the Club); and (3) liens for real estate taxes and other <br />governmental assessments or charges against the Lot. This section does not affect the priority of <br />mechanics' or materialmen's liens. The lien of the Club under this Article is not subject to the <br />provision of a homestead exemption as allowed under State or Federal law. Sale or trarisfer of any <br />Lot shall not affect the lien for said assessments or charges except that sale or transfer of any Lot <br />pursuant to foreclosure of any first lien Security Interest, or any proceeding in lieu thereof includin� <br />deed in tieu of foreclosure, or cancellation or forfeiture shall only extinguish the lien of assessment <br />charges as provided by applicable State Law. No such sale, transfer, foreclosure, or any proceeding <br />in lieu of foreclosure, nor cancellation or forfeiture shall relieve any Lot from continuing liability <br />for any assessment charges thereafter becoming due, nor from the lien thereof. <br />ARTICLE 4 <br />ARCHITECTURAL APPROVAL/DESIGN REVIE`Y <br />4.1 Required A�provals of Exterior Improvements and Chan es. No building, fence, <br />wall or other structure, including structures housing livestock, shall be erected or built upon a Lot. <br />or the Property, nor shall any additions, alternations, or other changes to the exterior of structures <br />constructed upon the Lots be made, until the plans and specifications of the proposed addition, <br />alteration, or change has been submitted to the Architectural Review Committee, and approved in <br />writing by the Architectural Review Committee. Plans submitted must show the nature, kind, shape, <br />height, materials, location and color of the proposed addition, alteration, or change. The <br />Architectural Review Committee shall � � �;ew such plans for quality of workmanship and materials, <br />harmony of external design with existing structures and to location with respect to topography, <br />existing residence, and finish grade elevation. <br />4.2 Reply and Communication. The Architectural Review Committee shall reply to all <br />submittals and re-submittals of plans made in accordance with this Article, in writing, within thirty <br />(30) days after receipt. The approval of the Committee shall be deemed given, if no decision <br />approving or denying the submittal or re-submittal is made within this thirty (30) day period, unless <br />the Boa.rd of Directors has notified the Owner seeking approval of the need for additional <br />information on the submittal or re-submittal or of the need for additional time to review and approve <br />the submittal or re-subriiittal within the thiriy (30) day time frame. All communications and <br />submittals shall be ad�lressed to the Architectural Review Committee and either mailed to the <br />Architectural Review Committee at the Club address or to the Club Secretary. <br />W:\CUEy7�Krnosha Trout CIub�Declara�ion, Am & R�s • Final.wpd <br />March 24, 2000 <br />7 <br />