Covenant Witnesseth

Witnesseth

SUGARMILL PLANTATION
DECLARATION OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS
(Residential)

THIS DECLARATION made on the date hereinafter set fourth by SUGARMILL PLANTATION DEVELOPMENT CORPORATION, a Georgia corporation (“Declarant”).

WHEREAS Declarant is the owner of certain property in St. Mary’s, County of Camden, State of Georgia, which is more particularly described on Exhibit A attached hereto and made a part hereof (“Property”).

WHEREAS Declarant desires to provide for the orderly development of the Property so as to promote the well being of the residents thereon and value of the Property.

NOW, THEREFORE Declarant hereby declares that all of the Property shall be held, sold and conveyed subject to the following easements, restrictions, covenants, and conditions, which are for the purpose of protecting the value and desirability of, and which shall run with, the Property and be binding on all parties having any right, title or interest in the Property or any part thereof, their heirs, successors and assigns, and shall inure to the benefit of each owner thereof.

ADDITIONAL PROPERTY more fully described on Exhibit B (“Additional Property”) may be annexed by the Declarant, without consent of the Owners whose Lots may be subject to this Declaration or the consent of holders of deeds to secure debt on such Lots, within ten (10) years of the date of recording of this Declaration pursuant to the provisions more fully set forth in Article VIII hereof; provided that, if approval of the Federal Housing Administration (“FHA”) and/or the Veterans Administration ( “VA” ) is obtained for the development of the Property, then the annexation shall be in accord with the general plan heretofore approved by the VA and/or the FHA.