P&Z Regular Meeting Packet

T a n ey C o u n t y P l a n n in g C o m m issio n
P. O. Box 383 • Forsyth, Missouri 65653
Phone: 417 546-7225 / 7226 • Fax:417546-6861
website: www.tcmeycounty.org

AGENDA
TANEY COUNTY PLANNING COMMISSION
REGULAR MEETING
MONDAY, MAY 16, 2016, 6:00 P.M.
COUNTY COMMISSION HEARING ROOM
TANEY COUNTY COURTHOUSE

Call to Order:
Establishment o f Quorum
Explanation o f Meeting Procedures
Presentation o f Exhibits

Review and Action:
Minutes; April 2016

Final Votes:
The Majestic at Table Rock
Northwoods Haven
Wet Willy's Storage
White River Valley Tower

Concept:
Branson View Disc Golf Course

Old and New Business:
Tentative

Adjournment.
 T a n ey C o u n t y P l a n n in g C o m m issio n
P. O. Box 383 • Forsyth, Missouri 65653
Phone: 417 546-7225 / 7226 • Fax:417546-6861
website: www.taneycounty.org

MINUTES
TANEY COUNTY PLANNING COMMISSION
PUBLIC HEARING
MONDAY, APRIL 11, 2016, 6:00 P.M.
COUNTY COMMISSION HEARING ROOM
TANEY COUNTY COURTHOUSE

Call to Order:
Vice-Chairman Dave Stewart called the meeting to order at 6:00 p.m. A quorum
was established with eight members present. They were: Dave Stewart, Doug Faubion,
Randy Fogle, Rick Caudill, Brad Lawrence, Randy Haes, George Cramer and Howard
Kitchen. Staff present; Bob Atchley and Bonita Kissee-Soutee.

Mr. Atchley read a statement outlining the procedures for the meeting.

Public Hearing:
The Majestic at Table Rock, LLC; a request by Dan Ruda to operate 89
condominium units as timeshare. Dan and Mark Ruda were present to address any
questions from the Commission or public. Mr. Atchley read the staff report and
presented pictures, maps and a video of the site. Karen Fain who is a board member of
the homeowners association, read a letter on behalf of the property owners opposing
the request. Larry Hoffman who is an owner, voiced a concern regarding managing the
new addition along with the existing use and how it would intermingle. If approval is
given Mr. Hoffman would like for the new construction not to be connected to the
existing one. He would not want the timeshares to be able to use the condo amenities.
Height was also a concern to Mr. Hoffman. Joyce Gatten who owns property there, was
concerned that this use would change the dynamic of the area, and increased traffic is
also a concern, along with height and property values. She reported that when she
purchased the condo in 2014 she was not told there would be timeshares. Several of
the property owners stated that they were not told about any timeshares. Dan Ruda
addressed the concerns of the property owners. He stated that he is not planning to
change any of the existing units to timeshares, the timeshare portion would have their
own association, he discussed the condominium act, and stated that in his original
declaration it states that he reserves the right to change from condominium to
timeshare, and in his opinion this use would not affect property values. He reported
that less than six people live there full time. Mr. Faubion asked if there were any nightly
rentals being rented now, and Mr. Ruda stated that there were. Mr. Cramer asked if Mr.
Ruda remembered stating to anyone there would be no timeshares. Mr. Ruda stated
the he didn't. Mr. Lawrence asked how many of the 89 current owners used the units
for nightly rental, Mr. Ruda stated approximately 30. With no other questions or
discussion the public hearing was closed, and will proceed to final vote next week.

Old and New Business:
Mr. Cramer asked if we could have a copy of the declaration Mr. Ruda refered to.
Mr. Fogle asked if Snowden's heating and air had applied for a permit. They have not.

Adjourment:
With no other business on the Agenda for April 11, 2016 the meeting adjourned
at 7:00 p.m.
 T a n ey C o u n t y P l a n n in g C o m m issio n
P. O. Box 383 • Forsyth, Missouri 65653
Phone: 417 546-7225 / 7226 • Fax: 417 546-6861
website: www. taneycounty, org

MINUTES
TANEY COUNTY PLANNING COMMISSION
REGULAR MEETING
MONDAY, APRIL 18, 2016, 6:00 P.M.
COUNTY COMMISSION HEARING ROOM
TANEY COUNTY COURTHOUSE

Call to Order:
Vice-Chairman Dave Stewart called the meeting to order at 6:00 p.m. A quorum
was established with six members present. They were: Dave Stewart, Doug Faubion,
Randy Fogle, Rick Caudill, Randy Haes, Brad Lawrence. Staff present; Bob Atchley and
Bonita Kissee-Soutee.

Mr. Atchley read a statement outlining the procedures for the meeting.

Review and Action:
Minutes, March 2016; with no additions or corrections a motion was made by
Randy Haes to approve as written. Seconded by Brad Lawrence. The vote to approve
the minutes was unanimous.

Final Vote:
The Majestic at Table Rock, LLC; request by Dan Ruda to operate 89
condominium units as timeshare. Mr. Atchley clarified the proposed decision of record,
and presented the requested declaration from last meeting. Discussion followed
regarding article ten on the declaration. Mr. Faubion pointed out that this was amended
deleting the timeshare portion. Mr. Ruda stated that he would be open to table until
this can be clarified. Mr. Caudill made a motion to table one month until the May 16
meeting. Mr. Faubion seconded. The vote to table one month was unanimous.

Concepts:
Northwoods Haven; a request by Gerald and Gail Nordskog to develop a 15 lot
single family residential subdivision located at Canyon Creek Road and St. Hwy. 248.
Mr. Atchley presented location maps of the site. Eddie Wolfe representing the applicant,
addressed questions from the Commission. He stated that the new owners wished to
continue the project as it was originally planned in 2007. Discussion was brief regarding
location, roads, and infrastructure. This project will proceed to public hearing next
month.

Wet Willy's Storage; a request by William Valbracht to construct 33 storage units
behind and beside an existing carwash located at 20194 US Hwy. 160. Mr. Atchley
presented location maps of the site. Mr. Valbracht was present to address questions
from the Commission. He pointed out where on the property he wished to place the
units, and how the property drops off in the back making that portion unusable. Mr.
Haes asked if there would be access to the back of the second building. Mr. Valbracht
stated that there would be lights on two sides coming from the car wash. Mr. Haes felt
that room should be left to be able to drive around the second building. No units will be
on the berm side. The car wash would be operated at this time, if the storage business
works out well, he might tear it down and build more units there. He will ask for this
use on this application also. This project will proceed to public hearing next month.

White River Valley Tower; a request by John Bruns to place a 195' monopole
tower at 2449 E. St. Hwy. 76. Mr. Atchley presented location maps of the site. Mike
Benick representing the project explained the request. Mr. Fogle asked if the access
would be from the existing gate off the highway. Mr. Benick stated that it would. There
is electricity existing on the site. The height is under the standard therefore no lights
are necessary. The neighboring tower is already stressed so it cannot be accessed.
This project will proceed to public hearing next month.

Old and New Business:
No discussion.

Adjournment:
With no other business on the agenda for April 18, 2016 the meeting adjourned
at 6:31 p.m.
TANEY T a n e y C o u n t y P l a n n in g C o m m is s io n
P. O. Box 383 » Forsyth, Missouri 65653 A\
COUNTY Phone: 417 546-7225 / 7226 a Fax: 417 546-6861
website-: www.taneycounty.orj}
$

APPLICATION FOR CONCEPT
DIVISION III
TAf^lEY COUNTY PLANNING COMMISSION

The Concept Application is for the use of the Planning Staff and Commission to
enable us to know the nature of the planned project. The official Division III
Application for permit will be filed along with everything needed to complete
your file, as listed on the Division III Procedure Checklist. Division III
Applications: $150.00, Special Use Applications: $150.00.

NAME OF PROJECT

NAME OF APPLICANT; ft /o0 ^ \? g ( b
[Must be owner o f record)

SIGNATURE:.. - 2 ^ 0 ^ ' """ DATE: c//-^ 7 / 1 Ce
(Musfbe owner o f record)

MAILING ADDRESS: ]4

TELEPHONE NUMBER: Q & o - C
3 ^ > CS>' \ \

R e p re se n ta tiv e In fo rm a tio n

NAME OF REPRESENTATIVE: D » -

MAILING ADDRESS (rep .):

TELEPHONE NUMBER (re p ,): _ M O ' 5 3 7 -

£ ) - ( 6 - (6 ~

II <5y ~ ’
/ 6 ' / Revised 12/19/03
ACCESS TO PROPERTY (street # and name): Q & /%
' :^ rl J -: <: .)c

Bi \! <d__________________________________________________

Mumber o f Acres (o r $q« ft. o f Sot size): jZ£> g c f e S _______________
I1 ** g , 6 - O u*' ^ o l ^ . o
PARCEL #: )? ~ ■O - " QQd - o£x> - o & ) . 60 ^____________
[Parcel # MOST be ®mpermjt. EaamnipJ®: OO-O.O-OO-OOO-OOO-OOO.QO®. T!h5s OTMmJseir Is om top B®(Rt tamd ©Dirmer off
prcjjeirty tax statement If yoas toaw® root paaiS taxes on property, rmsast Ihiawe mam® off previous wneir off property.)

SECTION; jL S _______ .TOWNSHIP: _ J L L _ ^ R A N G E : ^ ■

NAME OF SUBDIVISION ( if applicable): A______________________

Lot # (If applicable!) -,v v * BLOCK # ^ _______

W ITH IN 600y FROM THIS PROPERTY IS:
(Check all land uses th a t apply)

□ Commercial □ Multi-Family □ Residential ^Agricultural
□ Multi-Use □ Municipality

SEWAGE DISPOSAL SYSTEM:
□ Treatment Plant a Individual
□ Central Sewer: District # ____________

WATER SUPPLY SYSTEM:
□ Community Well ^P rivate Well
□ Central: District # ____________

DOES THE PROPERTY LIE IN THE 100-YEAR FLOOD PLAIN? □ Yes W No

THIS REQUEST FALLS INTO ONE OR MORE OF THE FOLLOWING

□ Residential □ Multi-Family □ Commercial □ Industrial
^ S p e c ia l U se □ O t h e r — E x p l a i n : _______________________

Revised 12/19/03
Project Description:

BransonView Disc Golf Course will consist o f two 18 hole disc golf courses.
The courses do not require any changes to the terrain, although some trees may be
removed, or trimmed back to open the fairways.

Targets will be placed around the property, they will be moved at intervals.

An existing residential structure has a private water well and a septic system.
The residence will be used for the check in center, and will also provide a small retail
area for disc golf related accessories and souvenirs.

The golf course may host tournaments, and the tournament officials will provide portable
restroom facilities for the players and spectators.

Gravel parking will be provided for 20 cars, overflow will park on the grass lot behind
the residence.

There will be directional signage on the courses, and three business signs.
One at the entrance, a second on the residence, and a third sign on the property that can
be seen from Branson Creek Blvd.
 ^ B e a c o n ™ Taney County, MO

O verview

Legend
!_ ] Parcels
Roads
Lakes
I I Corporate Limits

;W,01iF=TRAIL

1,897 ft

Parcel ID 17-9.0-29-000-000-001.000 A ltern ate ID n/a O w ner Address POINTOF VIEW LLC
Sec/Twp/Rng 29-22-21 Class n/a 30174 W 195TH AVE
P rop erty Address BRANSON CREEK BLVD Acreage 101.860000610352 BETHANY MO 64424-9252
D istrict 5CWX
B rie f Tax Description SWNE4; W 2 NWNE4; N2 NE4&SOUTH OFTHE ROAD
(Note: Not to be used on legal documents)

Date created: 4/27/2016

Developed by
Schneider "^e Schneider Corporation
Information has been obtained from a third party source. Vinton Commercial Realty accepts no responsibility for its accuracy.

For more information contact:
Chris Vinton Vinton Commercial Realty Inc.
417.861.6314 chris@ivalve.net
www.ChrisVinton.com
Information has been obtained from a third party source. Vinton Commercial Realty accepts no responsibility for its accuracy.

For more information contact:
Chris Vinton Vinton Commercial Realty Inc.
417.861.6314 chris@ivalve.net
 TANEY COUNTY PLANNING COMMISSION
FOLLOW-UP REPORT
MAJESTIC CONDOMINIUM
DECLARATIONS
At the request of the Planning Commission the Staff has provided the Planning
Commission with a copy of the Declarations of The Majestic at Table Rock
Condominium (herein after referenced as Declarations) and each of the subsequent five
(5) amendments to the original recorded Declaration, as filed with the Taney County
Recorder of Deeds office. The Staff wishes to note that Taney County does not have
the authority to enforce private Condominium Declarations. I have attempted to
enumerate the provisions of the Declarations and amendments that apply specifically to
the time-share of the property in question below:

On August 22, 2007 the Declarations were filed with the Recorder of Deeds office.
Section 2 of Article X (page 28) of the Original Declarations provides the Majestic at
Table Rock, LLC with rights to convert any Condominium Unit (with the consent of the
owner - if not owned by the LLC) to a Time-share unit. Please note that I have
provided the Planning Commission with a highlighted series of pages relating
specifically to time-share provisions.

On May 5, 2008 the First Amendment to the Declaration (Book 2008 Page 19193) was
filed with the Recorder of Deeds office. This Amendment was made in order to add
additional property to the condominium, as described in detail in the amendment. No
amendments dealt specifically with time-share.

On June 17, 2008 A Special Amendment to the Declaration (Book 2008 Page 27518)
was filed with the Recorder of Deeds office. This Special Amendment amended four (4)
items within the original Declarations. Item # 3 states, “Amendment to Article X Section
2 of Article X is hereby deleted in its entirety.” As stated earlier, Section 2 of Article X
(page 28) of the Original Declarations provides the Majestic at Table Rock, LLC with
rights to convert any Condominium Unit (with the consent of the owner - if not owned by
the LLC) to a Time-share unit. However, please note that Section 5 of Article VIII states
the following: “Amendment to Declaration. Notwithstanding anything to the contrary
contained herein the Declarant (the Majestic at Table Rock, LLC) may amend this
Declaration to benefit the Condominium without the requirement of obtaining a vote or
other consent of the Owners or Members.” Therefore it appears that the Majestic at
Table Rock, LLC would have the authority per the Declarations to once again amend
the Declaration adding the deleted Section 2 of Article X concerning time-share.

On June 26, 2008 A Corrective Special Amendment to the Declaration (Book 2008
Page 29155) was filed with the Recorder of Deeds office. Section 3 of the Corrective
Special Amendment states, “Confirmation of Amendment to Article X. The Declarant
{the Majestic at Table Rock, LLC ) hereby acknowledges and confirms that Section 2 of
Article X was deleted in its entirety pursuant to the Correct Document and reaffirms that
sad Section w a s a n d should b e deleted in its entirety. However, please note that the

Division III Perm it Staff Report - The Majestic a t Table Rock Timeshare - 2016-0008 Page 1
the Majestic at Table Rock, LLC is likely vested with the authority to add these
provisions back to the Declaration.

On May 28, 2014 A Special Amendment to the Declaration (Book 2014 Page 25340)
was filed with the Recorder of Deeds office. This document was filed with the Recorder
of Deeds office for the newly platted condominiums (rebuilt after the fire) to be tied
directly to the Declaration. No amendments dealt with time-share.

On June 3, 2014 A Special Amendment - Corrected (Book 2014 Page 26722) was filed
with the Recorder of Deeds office. This instrument was refilled with the Recorder of
Deeds Office in order to correct Phase references. No corrections dealt with time-
share.

Division III Perm it Staff Report - The Majestic at Table Rock Timeshare - 2016-0008 Page 2
 BOOK PAGE
2007L44822
08/22/2007 09:30:19AM
REG FEE:120.00
NON-STD FEE;
PARF^■
REAL ESTATE'DOCUMENT
TAMEY COUNTY, MISSOURI
RECORDERS CERTIFICATION

ROBERT A. DIXON

Tri-Lakes Tit/e Co., Inc.
(Space above reserved for Recorder o f Deeds Certification)

Title of Document: Declaration of Condominium

D ate of Document: August 13, 2007

Grantor(s): The Majestic at Table Rock, L.L.C.

Grantcc(s): The Majestic at Table Rock Condominium

Mailing Address(es): 245 S. Wildwood Drive, Branson, MO 65616

Legal Description: See Exhibit “A” attached hereto and made a part hereof.

Reference Book and Page(s): N/A

2007L44822
 DECLARATION
OF
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

THIS DECLARATION is made this / ^ day of' A f a y 2007, by THE
MAJESTIC AT TABLE ROCK. L.L.C., a Missouri limited liability company (“Declarant”), whose
principal place of business is located at 245 South Wildwood Drive, Branson, MO 65616,

WITNESSETH TH AT:

WHEREAS, Declarant is the owner of a tract o f real property situated in Taney County, Missouri,
being more particularly described on Exhibit "A" which is attached hereto, (the "‘Property”); and

WHEREAS, the Property is located on a larger real estate development (the “Project”) and the
Project contains the Condominium, parking areas, sidewalks, greenspace, landscaping, garages, a pool
and other amenities;

WHEREAS, the Project which includes the Condominium, is subject to the Master Covenants
(defined below) and the Master Association (defined below), which (in addition to this Declaration and
the Association), govern the use and regulation of the Project as a whole. The M aster Association shall
also be responsible for maintaining the Master Facilities (as defined below), and shall charge Owners and
the Association, the Master Facilities Charge (defined below) and the Master Assessment (defined below)
as described herein and in the Master Covenants; and

WHEREAS, Declarant wishes to submit the Property to the condominium form of ownership and
use in the manner provided in the Act.

NOW, THEREFORE, Declarant hereby submits the Property and all improvements thereon, the
Condominium Units, all Vacation Weeks (if any) therein, and all appurtenances thereto to the
condominium form of ownership, in accordance with the Uniform Condominium Act, as adopted by the
State of Missouri, Chapter 448 RSMo. (1994) and the terms hereinafter set forth, as THE MAJESTIC AT
TABLE ROCK CONDOMINIUM (the “Condominium”), and declares that the Properly, the
Condominium Units, alt Vacation Weeks therein and all appurtenances thereto are and shall be held, sold,
conveyed, mortgaged, hypothecated, encumbered, leased, rented, occupied, improved and used subject to
the covenants, conditions, reservations, restrictions, casements and limitations of record contained or
incorporated by reference in this Declaration and in the Master Covenants, as each may be amended
and/or supplemented from time to time.

ARTICLE I
DEFINITIONS

As used in this Declaration, the terms set forth below shall have the meanings indicated:

1. Act means the Missouri Uniform Condominium Act as set forth in Chapter 448 of the
Revised Statutes of Missouri, as amended from time to time.

2. Allocated Interest means the undivided interest in, and to the Common Elements and the
right to vote on Association matters appurtenant to each Unit as described in this Declaration or as set
forth on Exhibit “C” attached hereto. The Allocated Interest shall also refer to each Owner’s relative
liability for Common Expenses and contributions to the Common Expense Fund, a portion of which may

2007L44822
be allocated on a Unit-by-Unit basis, by relative square footage of each Unit, or by a combination of these
methods, as shall be determined by the Board from time to time. The Allocated Interest will change if
additional Phases are developed and added to the Condominium and accordingly. Exhibit l‘C” will be
amended to reflect those changes.

3. Association means THE MAJESTIC AT TABLE ROCK CONDOMINIUM
ASSOCIATION, INC., a Missouri noti'profit corporation, the Members of which shall be the Owners of
Condominium Units within the Condominium.

4. By-Laws means the By-Laws adopted by the Association, as may be amended from time
to time, a copy of which is available upon request of the Association or the Declarant.

5. Common Elements means the real property (hereinafter described), buildings, and all
other improvements located on the Property, except for those portions (1) defined herein, in the Act, or on
the Plat as Condominium Units, and (2) specifically excluded. Without limiting in any way the generality
o f the foregoing, the Common Elements shall include only those items within the Condominium Building
defined as "common elements" in the Act, those items labeled as Common Elements or Limited Common
Elements on the Plat, including foundations, bearing walls and columns, exterior walls, roofs, common
halls, lobbies, fire sprinkler system and all associated water pipe, control panels, sensors and alarms,
entrances, exits, exterior surfaces of exterior doors, if any, shown on the Plats and, in general all apparatus
and installations existing for common use, or necessary or convenient to the operation, maintenance, and
use of the Condominium as a condominium. Notwithstanding the foregoing, the Common Elements shall
not include the Master Facilities,

6. Common Expense Charge means the assessments levied by the Association to pay
Common Expenses.

7. Common Expense Fund means any accumulation of the Common Expense Charges
collected by the Association.

8. Common Expenses means all expenditures made by or financial liabilities of the
Association, including all costs for the management and operation of the Condominium for repairs,
maintenance, replacements, insurance costs, collection costs, operation of the Common Elements, Limited
Common Elements, Master Assessments, and the Master Facilities Charge, additions to reserves to cover
all of the foregoing in (a) the maintenance, repair, replacement and operation of the Common Elements,
(b) M aster Assessments, (c) the Master Facilities Charge, (d) the management o f all of the foregoing and
any other portions of the Condominium, and (e) for any and all other expenses of the Association.

9. Condominium Building means a building situated on the Property which contains more
than one (I ) Condominium Unit.

10. Condominium Building Face means the exterior unfinished surface of the front of the
Condominium Building that faces the interior of the Project, as depicted on the Plat, including the
exterior finish, awnings, porch, portico, windowpanes (but not the window glass), soffits, guttering, and
other finish and decorative elements or the exterior .

11. Condominium Unit means and refers to the space consisting of one (1) or more rooms
occupying part of a floor or floors in a Condominium Building and attic area (if any) which space is not
owned in common with the Owners of other Condominium Units. Condominium Buildings are
constructed so that certain Condominium Units are stacked on top of other Condominium Units. The
upper and lower horizontal boundaries of a Condominium Unit shall be the unfinished interior surface or

Page 2 of 29
2007L44822
its ceilings and floors respectively, the vertical boundaries shall be the unfinished interior surface of its
perimeter walls, and shall include the portions of the Condominium Building so described and the air
space thereby enclosed. All heating and air conditioning equipment, ducts and lines, and all utility pipes,
lines, systems and fixtures that serve only one (1) Condominium Unit shall also be included within the
definition of "Condominium Unit," whether such items are located within the space enclosed by the
boundaries of the Condominium Unit or not. Each Condominium Unit is identified by number on the Plat.
Each Condominium Unit shall be used for residential purposes only exccpt as designated by Declarant
and shall have access to a public road or highway. Each Condominium Unit shall have an allocated
interest in the Common Elements and Limited Common Elements of the Condominium, as described and
provided for herein and as set forth on the Plat.

I I. Declarant means THE MAJESTIC AT TABLE ROCK, L.L.C., a Missouri limited
liability company, and its successors-in-interest and assigns that succeed lo any Development of the
Declarant, Declarant Affiliates or their respective Affiliates.

12. Declarant Affiliates means Vacation World, Inc.. a Missouri corporation,(“VWI"),
Thousand Hills Management Company, Inc., a Missouri corporation (“THMC”) Missouri Partners, Inc. a
Missouri subchapter S corporation (“MP1”), Branson Cabin Rentals, L.L.C., a Missouri limited liability
company (“BCR”). Resort Operations, L.L.C., a Missouri limited liability company (“RO”), Branson
Lake Rentals, LLC, a Missouri limited liability company (“BLR”) and their affiliates.

13. Delegation Agreement means the writing whereby the Association delegates its duties
and responsibilities to the Master Association.

14. Development Rights means all “development rights" and “special declarant rights” (as
those terms are defined in the Act) and all of the rights reserved by the Declarant in Article X and
throughout this Declaration, including the rights to add real estate to the Condominium; to create
additional Condominium Units. Common Elements, or Limited Common Elements; to subdivide
Condominium Units; designate Condominium Units as Time-share Units and create interval, fractional or
“time-share” (as defined in the Act) interests in the form of Vacation Weeks; to convert Condominium
Units into Common Elements and Common Elements into Units; the right to add to or withdraw real
estate from the Condominium; to create additional Condominium Units, Common Elements, or Limited
Common Elements to subdivide Units; and to add or remove real estate from the Future Development
Property.

15. Elevators and Stairways means those passenger and service elevators and stairways
within the Project for ingress and egress to the Condominium as depicted on the Plat, along with all
electrical, mechanical and other systems, service areas and improvements directly associated therewith.

16. Executive Board means the Board of Directors of the Association.

17. Future Development Property means the property legally described on Exhibit "B"
attached to this Declaration and any additions or addenda thereto by amendment hereof. No assurances
shall be made as to the locations of any new buildings or other improvements, which may be made within
part o f the Condominium. No assurances will be made as to the type o f any Limited Common Elements
that may be added to the Condominium or that they will be in similar proportion to the existing Units and
Common Elements. The Future Development Property may be added to the Condominium in phases as
provided under the Act and this Declaration.

16. Parking Garages mean those garages which are not in the Condominium which may be
leased by the Association from the Declarant or Master Association and are available for sub-lease to

Page 3 of 29
2007L44822
individual Owner(.s) by the Association. Parking Garages may be leased by the Association for terms co­
extensive with the period Owner(s) own fee simple title to their Units, provided, however Declarant, its
successors and assigns may lease up to ten (10) Parking Garages from the Association without
maintaining fee simple ownership of any Condominium Unit(s).

17.Declarant Parking Garaee(s) means those Parking Garage(s) which theDeclarant,
Declarant Affiliates and/or assigns, owns outright, or leases back from the Association, The Declarant
and Declarant Affiliates need not own any Condominium Units to lease, use, or otherwise
occupyDeclarant Parking Garage(s). Declarant Parking Garage(s) may be vised for any purpose by
Declarant and Declarant Affiliates, including business and/or personal use. Neither the Association, the
other Owner(s), nor the use of the Project shall interfere with the Declarant’s or Declarant Affiliates' use
and enjoyment of any Declarant Garage Unit(s),

18. Land means the real property described on Exhibit “A” .

19. Landscaping, Green Areas and Sidewalks means those landscaping, green areas and
sidewalks, designated by the Declarant and/or Master Association, or depicted on the Plat as Master
Facilities, whether or not in the Condominium.as may be reconfigured from time to time by the Declarant
and/or M aster Association.

20. Limited Common Elements means those portions of theCommon Elements reserved for
the exclusive use of one (1) or more Owners to the exclusion of at least one (1) other Owner. Limited
Common Elements are described herein and/or designated on the Plat,

21. ‘'M aster Assessment” means any and all assessments levied against any portion of the
Property or against any Unit Owner or the Association by the Master Association or by the Association
on behalf o f the Master Association as described in Section 4.4.

22. “Master Association” means the Missouri non-profit corporation formed to act as the
governing body to enforce the covenants, restrictions, terms and conditions on the Project.

23. “M aster Covenants” means thaL ccrtain Declaration of Restrictions, Covenants,
Conditions and Easements of Majestic Shores, as amended from time to time, which governs the Project,
as recorded in the Office o f the Recorder of Deeds of Taney County, Missouri,

24. “M aster Facilities” means the equipment, systems and areas that are (now or in the
future) owned, leased, controlled, managed, operated, and/or administered by the Master Association as
identified herein, in the Master Covenants or on the Plat as "M aster Facilities”, including, but not limited
to the Elevators and Stairways, the Condominium Building Face, Parking Areas, Parking Garages and the
Landscaping, Pool, Green Areas and Sidewalks, and any other amenities, facilities or parts of the Project
that the M aster Association owns, controls or is responsible for the management thereof.

25. “M aster Facilities Charge” means all costs and expenses payable to the Master
Association for the maintenance, operation, up-keep, additions to reserves, management and
administration of the Master Facilities,

26. “Master Rules” means the rules adopted from time to time by the Master Association
concerning the management, operation, use and administration of the Project including the Land and
Master Facilities.

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 27. Member means a member o f the Association, as more particularly described in Article III
hereof.

28. Mortgage means a security interest, deed o f trust, or lien granted by an Owner in and to,
or against, a Condominium Unit to secure the repayment of a loan, and duly filed for record in the Office
of the Recorder of Deeds of Taney County. Missouri,

29. Mortgagee means the person who holds a Mortgage as security for repayment of a debt,

30. Owner means any person or persons, firm, corporation, or other entity which owns, of
record, title toa Condominium Unit in the Condominium. Owner shall not mean a Mortgagee or a person
or entity that otherwise holds a security interest in a Condominium Unit.

31. Parking Areas means ail areas designed or designated by the Declarant or Master
Association (other than the Parking Garages) for the parking of vehicles and as depicted on the Plat, as
may be reconfigured from time to time by the Declarant and/or Master Association.

32. Plat means the drawings and diagrams prepared by a registered land surveyor which
show the location, placement and relative size o f all improvements, including the Condominium Units,
Common Elements, and Limited Common Elements, and the Condominium as a whole, as well as the
other material elements of the Condominium and elements of the Condominium and Project as a whole as
required herein, such as the Parking Garages, ccrtain Master Facilities, and certain easements as recorded
in the office of the Recorder of Deeds for Taney County, Missouri and any amendments threreto, each of
which is incorporated herein and made a part hereof. A summary of the legal description for the initial
Plat is attached as Exhibit “C”.

33. Proportionate Share means for a particular item, the percentage determined from time to
time by the Master Association in accordance with this Declaration and the M aster Covenants used in
allocating the cost and/or expense incurred in maintaining, managing, operating, administrating, insuring,
repairing, replacing and providing for reserves of a particular item (including the M aster Facilities), to a
particular Person. The Proportionate Share of each Owner and Association for certain items will be set
forth in the Master Association Rules.

34. Rental M anager means Branson Cabins Rentals, L.L.C., a Missouri limited liability
company, or its assigns.

35. Rental Program means the nightly/weekly rental program which may be established by
the Rental Manager as approved by the Declarant, whereby Unit Owners engage the Rental Manager as
their exclusive agent to rent their Units to Guests.

36. Replacement Reserve Fund means the reserve fund established and/or collected by the
M aster Association or Association for the maintenance, upkeep, repair, replacement, and insuring of the
Common Elements, Limited Common Elements, and Master Facilities, as the case may be.

37. Resort Quality Standard means the highest o f the following standards: (1) the standard
required to maintain and operate the Property in a condition and a quality level no less than that which
existed at the time that the Property was initially completed, (2) a world class luxury physical standard
consistent with the highest quality luxury property and with the physical standard quality of a world class
resort with a four star rating.

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 38. Rules and Regulations means the rules adopted from time to time by the Association
concerning the management and administration of the Condominium. The initial set of Rules and
Regulations shall be promulgated by the Declarant, a copy o f which may be obtained by request of the
Association or the Declarant.

39. Square Footage shall mean the total square feet o f interior space in each Condominium
Unit not including any terraces, , patios, decks, porches, attic area, driveways or other Limited Common
Elements or any Parking Garages or Declarant Parking Garages.

40. Time-share Unit means a Condominium Unit which has been designated and committed
to interval or “time-share” ownership as defined under the Missouri Uniform Condominium Act RSMo.
§448.1-103(28) (1994) in the form of Vacation Weeks. All restrictions and obligations which apply to a
Condominium Unit hereunder shall also apply to a Time-share Unit and each Vacation Week.

4 1. Vacation Unit Owner means a person who owns one (I) or more Vacation Weeks having
been conveyed by Deed; provided, however, that the Declarant is deemed a Vacation Unit Owner of any
Vacation Weeks which have yet to be conveyed by the Declarant.

42. Vacation W eek means the deeded week during which a Vacation Unit Owner has the
exclusive right to use and occupy a Time-share Unit. If the Declarant decides to convert Condominium
Units to Time-share Units, then the Declarant shall have the exclusive right and power to record an
amendment to this Declaration defining the beginning and ending days of each Vacation Week. Vacation
Weeks may be dedicated to a “floating use plan" managed by the Declarant or its assigns, in which event
a Vacation Unit Owner shall relinquish his right to use his Vacation Week during his deeded week.

Defined terms used in this Declaration may be used interchangeably, in singular or plural form, and
pronouns are to be construed to cover all genders. All references to this Declaration or any agreement or
instrument referred to in this Declaration shall mean such agreement or instrument as originally executed
and as hereafter amended, supplemented, extended, consolidated or restated from time to time. The words
“herein”, “h ereo f’ and “hereunder" and other words o f similar import refer to this Declaration as a whole
and not any particular subdivision; and the words “A rticle” and “Section" refer to the entire article or
section, as applicable and not to any particular subsection or other subdivision. Reference to days for
performance means calendar days unless business days expressly indicated.

ARTICLE II
GENERAL PROVISIONS RELATING TO
USE AND OCCUPANCY

1. Description of Condominium. The Condominium consists o f the Condominium Units,
Common Elements, Limited Common Elements and Condominium Easements, as described herein and/or
depicted on the Plat. The Condominium does not contain the Master Facilities. Certain rights and
Easements (including rights and easements of necessity, support and use as described in Section 4 of this
Article II and in other Sections of this Declaration) are granted to the Unit Owners, the Association, the
Declarant, M aster Association and their respective guests, invitees and agents.

2. Use Restrictions. Each Owner, other than the Declarant, Declarant Affiliates, their
assigns or successors shall use their Condominium Unit in accordance with the following:.

(a) No Owner, other than the Declarant, Declarant Affiliates, their assigns or
successors shall have any right to place any sign (including, but n o t limited to , “ fo r r e n t” , “ fo r

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sale’’, “open" or "open house” signs) in or on any Condominium Unit, Common Elements,
Limited Common Elements or elsewhere on the Condominium and the Project as a whole for
perpetuity. The Declarant and Declarant Affiliates shall have the right to remove any sign placed
without its permission.

(b) No Owner, other than the Declarant, Declarant Affiliates, their assigns or
successors , shall use nor permit his Condominium Unit nor any Common Elements or Limited
Common Elements to be used for any purpose which would void any insurance in force with
respect to the Condominium and Project as a whole, or which would make it impossible to obtain
any insurance required by this Declaration; which would constitute a public or private nuisance,
which determination may be made by the Executive Board in its sole discretion; which would
constitute a violation of any applicable law, ordinance, rule or regulation (including the Rules and
Regulations); or which would interfere, unreasonably, with the use and occupancy of the
Condominium by other Owners.

(c) Each Condominium Unit may be used only as a residence and for residential
purposes, and no business, professional, or other commercial activity of any type shall be
operated from or out of any Condominium Unit, the Common Elements, or the Limited Common
Elements; provided, however, the Declarant, Declarant Affiliates, their successors and assigns
may and will conduct business and commercial activities in or upon the Project, Condominium
Units, Common Elements and Limited Common Elements for any business purposes, including
nightly, weekly or longer term rental, and shall not be in violation of any use restriction set forth
in this Declaration. Specifically the business and commercial activities may include
administration, sales, marketing, construction management, resort development, leasing, the
erection and maintenance on the Common Elements of advertising signs, sales flags, other sales
devices/banners as well as the greeting and accepting of customers, clients, vendors, and
associates as is common in a business and commercial environment. The rights granted to the
Declarant and Declarant Affiliates shall be perpetual and run with the Project,.

(d) No part of any curtains, blinds, shades, draperies, or other window coverings
visible from the exterior of any Condominium Unit shall be used unless the surface of such
covering that is visible from outside is white or beige or some other similar uniform color
approved by the Executive Board.

(e) No emission of light, odor, noise, vibrations, or other nuisance effects except as
reasonably expected shall be permitted from any Condominium Unit, Common Element, or
Limited Common Element, by any Owner, by any member of an Owner’s family, or by an
Owner’s guests, invitees, licensees, tenants, or the Association.

(f) No animal, other than either two (2) generally recognized household pets, each of
less than twenty-five (25) pounds, or one ( I) generally recognized household pet o f less than forty
(40) pounds shall be permitted as to each Unit, and then only if they are kept solely as domestic
pets and not for breeding or commercial purposes. No animal shall be allowed to make an
unreasonable amount of noise, or to become a nuisance. Upon the written request o f any Owner,
the Board shall conclusively determine, in its sole and absolute discretion, whether, for the
purpose o f this Section, a particular animal is a “generally recognized house pet”, or a nuisance.
Any decision rendered by the Board shall be enforceable as other restrictions contained herein
including making an enforcement assessment.

(g) Subject tn npplicable federal law, no exterior antenna or other similar device for
the transmission or reception of electronic signals shall be erected, used or maintained outdoors

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on any Unit unless approved by the Board, which shall have the sole discretion to decide such
matters. The Association may permit the placement of satellite dish antennas for television
reception provided that the dish is (1) mounted in accordance with the Rules and Regulations
established by the Association, and (2) the location and method for the mounting thereof, shall be
approved by the Board before being installed.

(h) Itis a specific requirement of the Association that the Association must at all
times perpetually obtain and maintain, any and all required lodging licenses and/or permits
required by the County of Taney, State of Missouri and/or any and all governmental agencies,

(0
(j) Neither the Association nor any Owner, other than the Declarant and Declarant
Affiliates, shall have the right or power to subdivide a Condominium Unit or create a Time-share
Unit and divide it into Vacation Weeks or other “time-share” intervals as defined under the Act or
Section 448.1-103 RSMo. (2006).

(k) It is a specific requirement o f the Association (and each Owner) that the
Association must at all times and perpetually obtain and maintain commercial general liability
insurance as defined and outlined under Article V and name the Declarant and Declarant
Affiliates as additionally insured. The Association shall provide these parties with a copy of this
binder as proof of this insurance. The Association and each Owner accepts title and ownership to
their Condominium Unit with this restriction.

(1) It is a specific requirement of the Association that the Association must at all
times maintain the Condominium (including all Common Elements and Limited Common
Elements) to a Resort Quality Standard, [f the Association does not maintain the specifically
listed Common Elements to a Resort Quality Standard, the Master Association, Declarant or
Declarant Affiliates can, but is not obligated to, perform said maintenance repairs and/or work
and charge the Association for the cost plus a fifteen percent (15%) administrative fee. Said cost
thereof shall be deemed a debt of the Association, payable on demand, and payments thereof shall
bear interest and be secured by a lien on the Association and their Common Elements, the
Condominium to a Resort Quality Standard. In addition, the Association must contribute its
Proportionate Share to the M aster Association and pay all Master Association and Master
Facilities Charges to all or the Master Association to maintain the grounds, the pool, the
Condominium Building Face, and all landscaping.

3. Decoration. Maintenance. Alteration, and Repairs.

(a) No Owner, other than the Declarant, shall have any right to modify, alter, repair
decorate, redecorate, or improve the exterior of any Condominium Unit, or to take such action
with respect to the interior or exterior of any of the Common Elements or the Limited Common
Elements. No Owner, other than the Declarant, shall have any right to place any sign in or on any
Condominium Unit or elsewhere in the Condominium without the prior written consent of the
M aster Association and Executive Board, and the Executive Board and Master Association shall
have the right to remove any sign so placed without permission, No Owner, other than the
Declarant, shall have any right to place any sign in or on any Condominium Unit or elsewhere in
the Project without the consent of Lhe Master Association,

(b) Each Owner, except for a Vacation Unit Owner, shall have the right to modify,
alter, repair, daeorate, redecorate, or improve the interior of his Condominium Unit, provided
such action does not impair the structural integrity, weaken the support, or otherwise adversely

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affect any of the buildings or any Limited Common Elements or Common Elements, and
provided all work is performed in good and workmanlike manner.

(c) Each Owner, at that Owner’s expense, shall maintain and keep in repair the
interior of their Condominium Unit, including all fixtures, utilities and other central systems
located in other portions of the Condominium (to the extent those repairs are nccessary to avoid
damaging other Condominium Units or Common Elements). All fixtures, equipment and utilities
installed and included in a Condominium Unit commencing at a point where the fixtures,
equipment and utilities enter the Condominium Unit shall be maintained and kept in repair by the
Owner of that unit. If any Owner fails to so maintain a Condominium Unit, or any portion
thereof, the Association shall have the right (but not the obligation) to perform such work as is
necessary to put the Condominium Unit in good order and repair. The cost thereof shall be
deemed a debt of the Owner to the Association, payable on demand, as a Special Assessment
(defined in Article IV Section 3), and payment thereof shall bear interest and be secured in the
same manner Special Assessments. An Owner shall not allow any action or work that will impair
the structural soundness of the improvements, impair the proper functioning of the utilities,
heating, ventilation or plumbing systems or integrity of the building, or impair any easement or
hereditament. An Owner shall not be responsible for repair occasioned by casualty occurring
outside a Condominium Unit, unless such casualty is due to the act, inaction, omission,
negligencc, or misuse of the Owner, by any member of an Owner’s family, or by an Ow-ner’s
guests, invitees, licensees or tenants, as provided in Section 9 of this Article II, and the Owner’s
personal liability will be limited as set forth in Section 9 of this Article II. An Owner is
responsible for all repairs resulting from a casualty occurring within, or affecting the Common
Elements or the inside of a Condominium Unit, No Owner shall alter any Common Elements
without the prior written consent of the Association,

(d) The Common Elements, including without limitation the Limited Common
Elements, shall be maintained by the Association; the Owner of any Condominium Unit as to
which any Limited Common Elements are appurtenant shall have no right to modify, alter, repair,
decorate, redecorate, improve, or take any other similar action with respect to the Limited
Common Elements, it being the obligation of the Association under this Declaration to maintain
the Limited Common Elements in an attractive manner for the benefit of all Owners.

(e) Except as otherwise provided herein, the Association must at all times maintain
the Common Elements, and Limited Common Elements within the Condominium in their original
quality or better, for the benefit of all Owners. The Association or its authorized agents shall not
be liable for trespass for any maintenance repair or improvement. If the Association fails to
maintain these items as described above, the M aster Association or Declarant (or the Declarant
Affiliates) may, but shall not be obligated to, perform any maintenance, repair, replacement or
other work it deems necessary and proper to fulfill the Association’s obligations as described
above and may charge the Association for the cost and expenses so incurred, plus ten percent
(10%). All of these costs, expenses and fees shall be payable by the Association on demand. Any
unpaid balance remaining after thirty (30) days shall bear interest at 1.5% per month, The
Declarant hereby retains secured interest in and lien upon the Land and Condominium and all
improvements therein for the payment of the costs, expenses and fees described above. The
Declarant hereby reserves for itself and the Declarant Affiliates, and grants to the Master
Association, a lien upon the Property to secure the payment of the charges described above.

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4. Easements.

(it) The physical boundaries of the Condominium Units, the Common Elements, and
the Limited Common Elements as the same arc set forth on the Plat, shall be conclusively
presumed to be the boundaries of these areas, notwithstanding any settling, rising or other
movement of the buildings or the Land, and regardless of any variances actually existing on the
date hereof with respect to these boundaries. Additionally, there is hereby granted a valid and
existing easement for any encroachments arising out of any variances, settling, rising, or other
movement, and this easement shall exist so long as all or a portion of the Project exists as
condominium property pursuant to the Act.

(b) There is hereby granted to each Owner an easement in and to that portion of the
Common Elements or Limited Common Elements that is occupied by any part o f an Owner s
Condominium Unit that is not contained within the physical boundaries o f his Condominium
Unit. Without limiting the generality of the foregoing, the easement shall cover the space
occupied by heating and air conditioning equipment, utility pipes and lines, and other similar
apparatus or equipm ent which serves only one (1) Condominium Unit.

(c) The Condominium shall be subject to a perpetual easement in gross to the
Association and M aster Association its successors and assigns, for ingress and egress, to perform
its obligations and duties as required by this Declaration, the Act or the By-Laws. Should it be
necessary to enter any Condominium Unit to repair a Common Element, or perform any duty of
the Association or M aster Association as described in this Declaration or the By-Laws, the
employees, agents or workmen shall be entitled to entrance by exhibiting to the Owner or any
person or persons occupying the Unit, an order signed by the Declarant or any member of the
Executive Board, or by a managing agent appointed by the Declarant or Executive Board.

(d) The Declarant, Declarant Affiliates, Master Association for themselves, their
agents or assigns reserves a perpetual access easement over and across the Project for such
purposes as the Declarant or the Master Association sees fit, including but not limiled to the
following;

(i) connect to any utilities;
(ii) grant any easements required by government bodies or utility companies;
(iii) the repair, replacement or installation o f any utility lines servicing the
Project or adjoining property, including, but not limited to, water, sanitary sewer, storm
water run-off, natural gas, electric, telephone, data transmission, or digital or cable
television;
(iv) construct additional improvements to the Project or on adjoining land;
(v) use any roadways in the Project;
(vi) emit light, dust, smoke, odor, fumes, noise, vibrations, or other effects as
a result of business activities; and
(vii) place signs or signage, activities related to sale or rental of Units, and
other business purposes.

Furthermore, the Declarant reserves for itself, the Declarant Affiliates, and their agents or assigns
an easementover and across the Land, Project, and in and to that portion of the Common
Elements and Limited Common Elements necessary to install cable, wire, faceplates, hubs,
connectors, antenna, satellite dishes, receivers or other devices used to connector facilitate digital
t v , r;ihltt t v , satellite TV. telephone, computer, data or other similar services as the Declarant
sees fit.

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 (e) Tbe Executive Board shall have the right to grant to utility companies and other
similar entities such easements, rights-of-way, and other rights as may be reasonably necessary to
service the Condominium and establish, operate or maintain the same as a viable condominium
project.
(f) Declarant hereby grants to each Unit Owner, their heirs, successors, assigns,
guests, invitees, and tenants a non-exclusive easement from the public right-of-way across, over
and through the Project, for ingress and egress to and from the Condominium and Units across all
sidewalks, roadways, parking areas, paths, streets and other areas designed for either pedestrian
or vehicular traffic as those areas may be configured from time to time by the Master Association
or Declarant (the “Access Easement”). Use of the Access Easement is subject to the rules and
regulations as established by the Master Association from time to time.

5. Legal Description. Every contract for sale o f a Condominium Unit, every deed, lease,
Mortgage, will or other instrument, may legally describe a Condominium Unit by its identifying unit
number as shown on the Plat inserted in the following legal description;

Building J L . Unit No. AM . THE MAJESTIC AT TABLE ROCK
CONDOMINIUM, as per the recorded Plat at Plat Book I T . Page
(flCJP, in the Office o f the Recorder of Deeds in and for Taney County,
Missouri.

Each Condominium Unit, the appurtenant undivided interest in the Common Elements and the
appurtenant Limited Common Elements shall together be legally described by the above description and
shall be inseparable and may be conveyed, leased, devised or encumbered only as a Condominium Unit.
This legal description shall be good and sufficient for all purposes to sell, convey, transfer, encumber, or
otherwise affect not only the Condominium Unit, but also the Owner’s corresponding Allocated Interest
of ownership in the Common Elements and the fee simple ownership in the entire Limited Common
Elements appurtenant to the Condominium Unit. Reference to the Plat in any instrument shall be deemed
to include any addenda or amendments thereto. No Owner shall execute any deed, mortgage, lease,
contract, will or other instrument conveying ownership or a security interest in his Condominium Unit
without including the Condominium U nit’s interest in the Common Elements and Limited Common
Elements appurtenant thereto. The severance of the combined ownership of a Condominium Unit and its
Common Elements and Limited Common Elements is specifically prohibited. Any contract, deed,
mortgage, lease, or will or other instrument purporting to convey a Common Element, Limited Common
Element or Condominium Unit without an appurtenant interest shall be deemed and taken to include all
three (3) interests even though one or more may have been omitted. A Condominium Unit may be held or
owned in any real property tenancy relationship recognized under the laws of the State o f Missouri. Each
Condominium Unit and the undivided interest in the Common Elements appurtenant thereto and the
appurtenant Limited Common Elements shall be deemed a parcel and subject to separate assessment and
taxation.

6. Declarant's Use o f Condominium Units. Notwithstanding anything to the contrary herein,
for so long as Declarant owns or leases a Condominium Unit in the Condominium, neither the
Association, the other Owners, nor the use of the Condominium shall interfere with the marketing, sale or
leasing of the Declarant’s Units. The Declarant may make use of its Units and the Common Elements as
may facilitate the completion, sale or leasing of the units, including but not limited to the maintenance of
a sales office, model unit or units, the showing of the property, and the display of signs. The Declarant,
Declarant Affiliates, their assigns, and successors, may designate up to four (4) Condominium Units to be
used indefinitely by its manager as ;m office and/or model unit or other permitted use.

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 7. Retention/Use of Declarant Parking Garages. The Declarant and Declarant Affiliates may
retain ownership and/or leasehold rights and/or occupancy/use of up to ten (10) Parking Garages. The
Declarant and Declarant Affiliates need not own any Condominium Units to lease and occupy Declarant
Parking Garages. Declarant Parking Garages may be used for any purpose the Declarant and Declarant
Affiliates see fit, including their business and/or personal use. Neither the Association, the other Owner’s
nor the use of the Condominium shall interfere with the Declarant’s or Declarant Affiliates’ use and
enjoyment of these Declarant Parking Garages.

8. Declarant Retained Amenities. The Declarant, Declarant Affiliates and their agents or
assigns have the perpetual right to retain ownership of (or right to use) any and all portions o f the Project
not “in” the Condominium, including all Parking Areas, Parking Garages, driveways, landscaping,
sidewalks, elevators, the pool or other amenities and facilities (the “Amenities”) in the Project (if any) or
located on or near the Land for their business and/or personal use including allowing their Guests the
right to use the Amenities. The Dcclarant, Declarant Affiliates and their assigns have also authorized and
assigned to their respective authorized agents, representatives, employees, assigns and successors these
same rights. The Declarant, Declarant Affiliates and their assigns may enter into a separate pool use or
lease type agreement whereby this Association or other associations and their respective Owners may
utilize the amenities. The Association would pay a monthly fee for the use and maintenance of any such
Amenities, as to be described in an amenity use agreement, pool lease, garage lease, easement agreement
or other contract or lease agreement as may exist from time to time. The fee shall be to cover the costs
and expenses of these amenities, including but not limited to, maintenance, reserves for deferred
maintenance, insurance, repairs, utilities, labor, accounting, administration, legal costs, management,
interest, carrying costs, overhead, taxes, return on investment, and other miscellaneous incidental costs.
The Declarant may enter into agreements to cause the M aster Association to manage, operate, and
administer any or all of these Amenities.

9. Future Condominium Buildings and Units. Future Condominium Buildings and
individual Condominium Units may change and vary significantly in terms of architectural style and
quality of construction. Any additional Units constructed by Declarant by virtue of Declarant's exercise of
its development rights are not required to be compatible with the existing Units,

10. Owner Actions. In the event that the need for maintenance, repair, or replacement of all
or any portion o f the Common Elements, Master Facilities, or other Condominium Units is caused
through or by the act, inaction, amission, negligence, or misuse of an Owner, by any member of an
O w ner’s family, or by an Owner’s guests, invitees, licensees or tenants, then the expenses incurred by the
Association for such maintenance, repair, or replacement shall be a personal obligation of such Owner;
provided, however, that the personal obligation o f the Owner shall be limited to the amount o f the
Association’s then current insurance deductible amount on its insurance policy(ies) for the Common
Elements, Master Facilitates, or Condominium Units. No insurance claim will be made with
Association’s insurance carrier if the total personal obligation of the Owner is equal to or less than the
then current amount of the deductible o f the Associations insurance. If the Owner fails to repay the
expenses incurred by the Association within thirty (30) days after notice to Owner of the amount owed,
then the failure to so repay shall be a default by the Owner under provisions of this sections and payment
thereof shall bear interest and be secured in the same manner as for Common Expense Charges as set out
in Article IV, Section 4 hereof.

11. Rental Program . Notwithstanding anything contained in this Declaration, Units may be
submitted to the Rental Program. Under the Rental Program, Unit Owners allow their Units to be used for
transient rentals through the Rental M anager’s reservation system. Transient rental of Units pursuant to
tho Rental Program ia expreseiy authortzed and permitted with the Rental Manager. All tenancies are
hereby made subordinate to any lien filed by the Association or the Master Association, whether prior or

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 subsequent to such lease. There shall be no amendment to this Article II, Section II, or to any other
provision of this Declaration that shall impair the rights established in this Article II, Section 11, without
the prior approval of the Declarant and one hundred pcrcent (100%) of the entire voting interests of the
Unit Owners

12. Rental of Units. A Unit Owner o f a Unit that has not been submitted to the Rental
Program may rent or lease their Unit if (a) the Unit Owner is not in default of this Declaration, the
Condominium Rules and Regulations or the Master Rules; and (b) the rental would not compromise the
Resort Quality Standard of the Project (as determined by the M aster Association). All tenancies are
hereby made subordinate to any lien filed by the Association or the Master Association, whether prior or
subsequent to such lease. Any Unit Owner directly renting or leasing their Unit (not under the Rental
Program) will be jointly and severally liable with any of their tenants, guests and users to the Association
for any amount which is required by the Association, and/or the Master Association, as applicable, to
repair any damage to the Property, including the Common Elements, the Condominium Easements,
and/or the Master Facilities resulting from acts or omissions o f tenants (as determined in the sole
discretion of the Association) and to pay any claim for injury or damage to property caused by the
negligence o f the tenant and special charges may be levied against the Unit therefore. The Association
may require the Unit Owner to obtain a deposit from any tenant, which may be held by the Association as
a security/damage deposit for the damage of any Common Elements or M aster Facilities. The Association
may require the Unit Owner to use a standard form lease previously approved by the Association,

13. Violation of Established Rules and Regulations. All restrictions set forth in this
Declaration and the Rules and Regulations promulgated by the Declarant and/or the Executive Board may
be enforced by (a) the imposition of reasonable monetary fines as provided in the Act, (b) suspension of
use o f amenities and Common Elements, and (c) suspension o f voting rights. These powers, however, shall
not be construed as limiting any other legal means of enforcing the use restrictions or Rules and
Regulations. All Owners are responsible for the acts of their families, guests and invitees and any violation
by the families, guests or invitees of an Owner shall be enforceable against the Owner. Any fines imposed
on an Owner shall be considered an assessment against that Owner's Unit and may be collected in the
manner provided for the collection of other assessments.

14. Master Covenants. Notwithstanding anything contained herein, the use of the
Condominium, Condominium Units, the Common Areas, and any other portion of the Project shall be
governed by and subject to the Master Covenants.

15. No Change of U se. This Article II may not be amended nor any use or restriction
modified without Declarant's and Declarant Affiliates’ prior written consent.

ARTICLE 111
MANAGEMENT AND OPERATION OF PROTECT

1. Subject to M aster Covenants. All covenants, restrictions, conditions, easements, rights
and all other terms described herein shall be subject to the M aster Covenants (if any), and the Master
Rules.

2. Management by Association. The affairs o f the Condominium shall be administered by
the Association. The Association shall have the power and obligation to provide for the maintenance,
repair, replacement, administration, insuring and operation of the Condominium as herein provided and as
provided in the By-Laws and in the Rules and Regulations. In addition to the powers and authorities set
forth herein and in the By-Laws, the Association shall have all the powers and authority set forth in
Section 448.3-102 of the Act. Without limiting the generality o f the foregoing, the Association acting

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Lhrough the Executive Board shall be entitled to enter into contracts and agreements concerning the
Condominium as a whole, including but not limited to the Common Elements, the Limited Common
Elements or with respect to its obligations herein, as the Executive Board deems reasonably necessary or
appropriate to maintain and operate the Condominium as a viable resort condominium project, including,
without limitation, the hiring of a management company to manage and oversee the operation of the
Association and the Condominium; the right to grant public utility easements for uses the Executive
Board shall deem appropriate; and the right to enter into agreements, leases or contracts with adjoining or
nearby land owners or associations or entities.

3, Membership in Association. Except as provided below, each Owner, including the
Declarant (and its Assigns), shall be a Member o f the Association so long as he is an Owner, and such
membership shall automatically terminate when ownership ceases. Upon the transfer of ownership of a
Condominium Unit, howsoever achieved, including without limitation by foreclosure of a lien upon a
Condominium Unit, the new Owner thereof shall, concurrently with the transfer, immediately and
automatically become a Member in the Association. If more than one (1) person is an Owner of a
Condominium Unit, then they must designate one (1) of their number as the voting Member in the
Association, which designation shall be made in writing to the Executive Board. The Declarant is
designated to vote for each Time-share Unit, until such time as the Vacation Owners of that Time-share
Unit designate one (1) of themselves in writing (signed by Vacation Unit Owners holding a majority of
the Vacation Weeks of the Time-share Unit) as the new voting Member, After one (1) of the Owners or
Vacation Unit Owners is designated, the Executive Board shall have the right to rely on the designation
until a written notice revoking the appointment is received by the Executive Board. If no person is
designated as Lhe voting Member, the Declarant may vote for that Member,

4, Initial Executive Board; Election of First Board. The “ Initial Executive Board" of the
Association shall be composed of three (3) persons appointed by the Declarant. No LATER than sixty
(60) days after twenty-five percent (25%) of the condominium Units that may be created in the
Condominium (as set forth in Article X) are deeded by Declarant to third party purchasers, one (1)
member of Lhe Initial Executive Board shall resign and a new member shall be elected by Owners other
than Declarant. The Initial Executive Board shall serve until the "First Executive Board" is elected by the
Members. Election of the First Executive Board shall be held in accordance with the By-Laws upon the
earlier to occur of (i) two (2) years after the Declarant or its successors and assigns cease to offer
Condominium Units for sale in the ordinary course of business; (ii) two (2) years after any Development
Right to add new Condominium Units was last exercised; or (iii) within sixty (60) days after Declarant
has conveyed, by deeds duly executed and recorded to third party purchasers, seventy-five percent (75%)
of all the Condominium Units which may be created in the Project (as set forth in Article X). Thereafter,
elections of Executive Board members shall be held in accordance with the By-Laws.

5, Meetings o f Executive Board. The Executive Board shall meet as set forth in the By­
Laws.

6, Voting of M em bers. For all voting purposes, each Unit shall be allocated one vote which
may be cast by the Unit Owner or the designated Voting Member; provided, however, that if a Unit
Owner is in default of this Declaration, including the failure lo pay any assessment or failure to follow the
Condominium Rules and Regulations, then that Unit Owner may not vote (and shall not be included in
calculating the number of Voting Members) until the default is cured as determined by the Board. The
Declarant shall cast the votes for all Condominium Units owned by the Declarant.

7, Master Association. The Master Association shall be responsible to repair, replace,
maintain, manage, collect reserves for und insure the Master facilities, which shall be performed in a
commercially reasonable manner (binding determination of reasonable shall be made by the Association).

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Each month, the Association shall, in accordance with their respective Proportionate Shares, pay and/or
reimburse the Master Association for all costs and expenses it incurs in connection therewith. These costs
are included in the Master Facilities Charge and are a Common Expense included in the Common
Expense Charge to the Unit Owners. The Association shall make monthly payments to the Master
Association based upon an annual budget prepared by the Master Association of these costs and expenses
on an annualized basis. If those monthly payments arc insufficient to cover the actual costs and expenses
allocable to the Association, then the Association shall reimburse the Master Association for any
shortfalls. This shortfall reimbursement obligation of the Association shall be payable on demand, shall
bear interest on any amounts left un-paid after 30 days at 1.5% per month, and shall be secured by the lien
against the Condominium and Association as described in Article IV, Sections 6 and 7, and collected as
described therein. The Association may fund the shortfalls by Special Assessment described in Article IV,
Section 3 & 4. Even though these payments are made by the Association, cach Unit Owner is directly
liable to the Master Association for the portion of those costs and expenses attributable to that Unit
Owner’s Allocated Interest.

8. Membership in the M aster Association. The M aster Association shall administer the
affairs o f the Project in accordance with the Master Declaration. This shall include all Master Facilities, If
the Master Covenants or Master By-Laws allow the Association to appoint a member on the Master
Association board of directors, then the Executive Board may elect one person to be a “member” of the
MasLer Association Board, The Master Association may exercise any and all powers allowable under the
Master Covenants, its Articles of Incorporation and the Master By-Laws, if any. The Master Association
shall be entitled to exercise any powers and rights, and fulfill any duties and obligations of the Master
Association hereunder and shall have the authority, right, duty and obligation to perform all acts and
accomplish all duties and obligations of the Master Association, including but not limited to establishing
rules and regulations; collect, levy, and lien for annual and special assessments; and manage, maintain
and operate all improvements and amenities as set forth in this Declaration, the Master Covenants (if any)
and the Master By-Laws,

9. Alteration of Condominium Building Face, The Master Association shall keep and
maintain the Condominium Building Face. Notwithstanding anything to the contrary in this Declaration,
the Declarant hereby reserves for itself and for the Master Association the right to improve, alter, modify,
redesign, reconstruct and otherwise remodel all or any portion of the exterior of the Condominium Buildings
(including the Condominium Building Face) without the consent or approval of any Unit Owner, the
Association, or other user.

10. Disputes, In addition to its other powers conferred by law or hereunder, the Executive
Board shall be empowered to create procedures for resolving disputes between Owners and the Executive
Board or the Association, including appointment of committees to consider and recommend resolutions of
any such disput-es.

11. Future Development Property, The Association may not regulate the use o f the Future
Development Property.

12. Easements, The Executive Board shall have the right to grant to utility companies and
other similar entities such easements, rights-of-way, and other rights as may be reasonably necessary to
service the Condominium and establish, operate or maintain the same as a viable condominium project.

13. Management Com pany. The Association has entered into a contract with Declarant to
manage the Condominium (the "Management Contract"). Under the terms of the Management Contract,
tha Declarant will be paid Fifteen Dollars ($15.00) per Unit per month to manage the Condominium.

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Subsequent to and after the closing o f the first Condominium Unil, the Management Contract may be
terminated by either party upon ninety (90) days prior written notice.

ARTICLE IV
COMMON EXPENSE CHARGE AND COMMON EXPENSE FUND

1. Payment of Common Expenses. Subject to Section 2 of this Article TV, each Owner shall
contribute to the Common Expense Fund a portion o f the .Annual Common Expense Charge for the
expenses and administration of the Project and the maintenance and the operation of the Common
Elements and Limited Common Elements as set forth in the Budget as determined by the Board which
may be allocated on a Unit-by-Unit basis, by relative square footage o f each Unit, or by a combination of
these methods. For example, some expenses such as Insurance shall be based upon the relative square
footage of each Unit. Other expenses, such as waste disposal and telephone services, shall be determined
by a set fee for each Unit. Expenses such as landscaping may be based upon a combination. The Common
Expense Charge shall be assessed in accordance with the provisions hereinafter set forth. No Owner shall
be exempt from the obligation to pay the Common Expense Charge because of not using his
Condominium Unit or the Common Elements, or because of any restriction on his use by reason of this
Declaration, the By-Laws, the Rules and Regulations or actions taken by the Association.

2. Budget: Establishment of Common Expense Charge and Common Expense Fund.

(a) On or before January 1 of the first calendar year in which an assessment is made,
the “Executive Board” shall meet and establish a budget for the operation and maintenance of the
Condominium for that year. The budget shall set forth the Executive Board's reasonable estimate
of all expenses that Association will incur in the operation and maintenance of the Project for that
year. The initial budgets, do not have full or adequate allowances for contingencies and/or the
“Replacement Reserve Fund”, for maintenance, repairs and replacements to Common Elements
and Limited Common Elements and to pay the anticipated M aster Assessment and Master
Facilities Charge that will be assessed by the Master Association. It is the intention and specific
requirement o f this Declaration that all annual budgets subsequent to the Declarant
rclinquenishing control to third party Members/Owners, shall include appropriate, adequate and
reasonable contingency and Replacement Reserve Fund(s).

(b) Thereafter, annually, in the last calendar quarter of each year, the Executive
Board shall meet and establish a budget for the next succeeding calendar year. Each annual
budget shall be effective the first calendar month of the succeeding year unless Members (eligible
to vote) holding at least a majority of the votes in the Association, in writing or by a majority at
any regular or special meeting o f the M embers, reject the budget; PROVIDED, HOW EVER, that
if a budget increase is twelve percent (12%) or less, from one year to the next, then the budget
shall be effective the first calendar month of the succeeding year unless Members (eligible to
vote) holding at least seventy-five (75%) of the votes in the Association, in writing or by a
majority at any regular or special meeting of the Members, reject the budget.

(c) After each budget is established, the Executive Board shall determine the
Common Expense Charge required for (i) the operation of the Condominium including its
obligation to pay Master Assessments and Master Facilities Charge for the Project, (ii) the
maintenance of the Common Elements and Limited Common Elements, and (iii) the allowance
for contingencies and the Replacement Reserve Fund for the calendar year in question, and the
portion thereof allocable to each Owner, and each Owner shall be obligated to pay monthly, in
advance, the portion o f the Common Expense Charge so allocated to each Owner. The Common

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 Expense Charge and the liability of each Owner to contribute to the Common Expense Fund shall
be allocated among the Owners by the Board of Directors.

3. Special Assessments. If the Executive Board at any time, determines that the Common
Expense Charge assessed for any period is insufficient or that funds are needed to enforce the payment of
the Common Expense Charge as provided in Article IV, Section 5 below, then the Executive Board shall
have the authority to levy a special assessment as it deems necessary. Furthermore, the Association may
make Special Assessments on any or all Owners who are required to repay any cost or expense to the
Association. M aster Association, or otherwise owes the Association or Master Association any sums due
under this Declaration, the By-Laws or the Rules and Regulations or the M aster Covenants. A Special
Assessment shall be immediately effective and payable unless rejected by Members holding at least a
majority of the votes in the Association in writing or by a majority at the next regular or special meeting
of the Members. Special Assessments shall be payable upon demand (and the paymenl thereof may be
enforced) in the manner herein specified for the payment of the common Expense.

4. M aster Assessment. The Association shall pay the Master Facilities Charge and all other
costs and expenses incurred by the M aster Association to fund its operations and in the fulfillment of its
duties under this Declaration and the M aster Covenants (the “M aster Expen.se Charge"). As set forth
herein and in the Master Covenants, the M aster Association shall periodically assess (at least annually)
the Association for the M aster Expense Charge (the “Master Assessment”). The Master Assessment may
be payable by the Association in monthly installments established by the M aster Association. The Master
Association shall have the right to levy against the Common Elements, Limited Common Elements, and
the Units a charge to collect the Master Assessment. To secure the payment o f each and every Master
Assessment (or installment thereof), a lien on the Common Elements and Units is hereby granted to the
Master Association, and shall be enforceable through appropriate procedures by the Master Association.
The payment o f the portion of the Master Assessment attributable to each Unit Owner’s Allocated Interest
shall be deemed a debt of that Unit Owner payable on demand. Any amounts left un-paid after 30 days
shall bear interest at 1.5% per month and shall be secured by the lien against each Unit Owner’s Unit as
described in Article IV, Section 6 and collected as described therein.

5. Payment o f Common Expense Charge: Enforcement.

(a) The Common Expense Charge assessed against each Owner, other than the
Declarant, shall be due and payable, in advance, in twelve (12) equal monthly installments due on
the first (1st) day of each month. Each Owner, other than the Declarant, shall pay its first month's
assessments in a prorated amount upon closing the purchase of the Owner's Condominium Unit.
Any amount not paid by the tenth (10th) day of each month shall be deemed delinquent, and,
without notice, (i) shall bear interest at the rate of eighteen percent (18%) per annum (or a lower
rate if required by law) from the date originally due until paid, and (ii) the Owner shall be
required to pay a reasonable administrative fee or collection fee as established by the Declarant or
Executive Board.

(b) The Declarant shall have no obligation to pay the Common Expense Charge. The
Association shall reimburse the Declarant for all expenditures made by Declarant on behalf of the
Association (which shall include all administrative costs, maintenance, renovation and
replacement work, insurance and taxes, and any other items required to be paid by the
Association hereunder).

(c) The Common Expense Charge shall be a personal and individual debt of the
Owner. Suits to recover a money judgm ent for unpaid Common Expense Charges may be
maintained by the Association through the Executive Board without any requirement of a Uen for

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 assessments nor shall a suit against the Owner personally be construed as a waiver of the right to
maintain a lien.

(d) In order to secure payment of the Common Expense Charge, a lien on each
Condominium Unit shall be and is hereby granted to the Association and Master Association, and
shall be enforceable through appropriate proceedings by the Association and M aster Association.
The Association may evidence the lien by having the Executive Board prepare a written notice of
lien assessment setting forth the amount o f the unpaid indebtedness, the amount o f the accrued
interest and late charges thereon, the name of the Owner o f the Condominium Unit and the legal
description of the Condominium Unit. The notice of lien shall be effective when signed by one
(1) of the members o f the Executive Board and may be recorded in the Recorder's Office for
Taney County, Missouri, The lien shall attach and be effective as of the due date of the unpaid
Common Expense Charge and shall remain until all sums with interest and other charges thereon,
including any costs of collection and attorney’s fees, are fully paid. Thirty (30) days after the
notice of lien has been recorded, the lien may be enforced by the foreclosure of the defaulting
Owner's Condominium Unit by the Association in the manner o f a deed of trust on real property.
The Owner shall be required to pay the costs, expenses and attorney fees incurred for filing a lien,
and in the event of foreclosure, all additional costs, expenses and attorney's fees incurred. The
lien herein reserved shall be subordinate in all respects to any Mortgage, and any Mortgagee
acquiring title to a Condominium Unit whether pursuant to the remedies provided for in its
Mortgage, or procedures in lieu thereof. The Mortgagee shall not be liable for the unpaid portion
of the Common Expense Charge attributable to the Condominium Unit in question that arose
prior to such acquisition,

(e) In addition to the lien hereby retained and other remedies described herein, in the
event of nonpayment by any Owner of his respective Common Expense Charges, the Association
may, acting through the Executive Board, upon ten (10) days prior written notice thereof to the
nonpaying Owner, for each and every occurrence of a non-payment;

(i) Restrict the rights of the nonpaying Owner to use the Common Elements,
Limited Common Elements, amenities and any facilities available to Owners or Lhe
Association by reason of any contracts, understandings or leases in such manner as the
Association deems fit or appropriate;

(ii) Assess reasonable fines upon the nonpaying Owner;

(iii) Pursue any other remedy provided by law; and

(iv) Assess the nonpaying Owner for all costs and expenses, including
attorney fees, incurred while exercising the enforcement rights provided hereunder.

6, Liens Granted to M aster Association by Owners. In order to secure payment of the
M aster Assessment, a lien on each Condominium Unit and the Common Elements shall be and is hereby
reserved and granted to the Master Association, and shall be enforceable through appropriate proceedings
by the M aster Association. The Master Association may evidence the lien by preparing a written notice of
lien assessment setting forth the amount of the unpaid indebtedness, the amount of the accrued interest
and late charges thereon, if against a Unit Owner, then the name of that Unit Owner, and the legal
description of their Condominium Unit, The notice of lien may be recorded in the Recorder’s Office for
Taney County, Missouri, The lien shall attach and be effective as o f the due date o f the unpaid Master
A ssessm ent and shall romaio until all sums with int&rest and other charges thereon, including any costs of
collection and attorney’s fees, are fully paid. Thirty (30) days after the notice of lien has been recorded.

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the lien may be enforced by the foreclosure of the defaulting Unit Owner’s Condominium Unit by the
Master Association in the manner of a deed of trust on real property or as described above in Article IV,
Section 5. The Unit Owner shall be required to pay the costs, expenses and attorney fees incurred for
filing a lien, and in the event of foreclosure, all additional costs, expenses and attorney’s fees incurred,
The lien herein reserved shall be subordinate in all respccts to any Mortgage, and any Mortgagee
acquiring title to a Condominium Unit whether pursuant to the remedies provided for in its Mortgage, or
procedures in lieu thereof, shall not be liable for the unpaid portion of the Common Expense Charge
attributable to the Condominium Unit in question that arose prior to such acquisition,

7, Liens Granted to Master Association by the Association. In order to secure payment of
any obligation of the Association to the M aster Association, a lien on the Common Elements and each
Unit shall be and is hereby reserved and granted to the M aster Association (as the case may be), and shall
be enforceable through appropriate proceedings by the M aster Association. The lien may evidenced by
preparing a written notice of lien assessment setting forth the amount of the unpaid indebtedness, the
amount of the accrued interest and late charges thereon, the name of the Condominium, the legal
description of the Units and the Common Elements, The notice o f lien may be recorded in the Recorder’s
Office for Taney County, Missouri. The lien shall attach and be effective as of the due date of the unpaid
Charge and shall remain until all sums with interest and other charges thereon, including any costs of
collection and attorney’s fees, are fully paid. Thirty (30) days after the notice of lien has been recorded,
the lien may be enforced by the foreclosure of the Units in Condominium by Lhe M aster Association (as
the case maybe) in the manner of a deed o f trust on real property. The Association shall be required to pay
the costs, expenses and attorney fees incurred tor filing a lien, and in the event of foreclosure, all
additional costs, expenses and attorney’s fees incurred. The lien herein reserved shall be subordinate in all
respects to any Mortgage, and any Mortgagee acquiring title to a Condominium Unit whether pursuant to
the remedies provided for in its Mortgage, or procedures in lieu thereof, shall not be liable for the unpaid
portion of the charge in question that arose prior to such acquisition.

8. Common Expense Fund. The Common Expense Charges collected by the Association
shall be paid into the Common Expense Fund to be held for the use and benefit, directly or indirectly, of
the Condominium. The Common Expense Fund may be expended by the Executive Board for the
purposes set forth hereinabove and generally to promote the health, benefit, and welfare of the
Condominium and the Owners.

ARTICLE V
INSURANCE

1. General Provisions. Except where otherwise specifically indicated, the premiums shall be
paid out of the Common Expense Fund. The Executive Board shall obtain the following minimum
amounts of insurance coverages for the Condominium:

(a) Insurance on all Condominium Units, including everything originally contained
in each Condominium Unit as deeded to the Owner by the Declarant such as bathroom Fixtures,
cabinets, vanities, appliances, equipment, floor covering, sheet-rock, and other fixtures, but not
including any furniture or furnishings placed in the Condominium Units by the Owner, providing
full replacement cost coverage, insuring against loss or damage by fire and all other risks insured
by standard extended coverage policies and use in the State of Missouri, with such endorsements
as the Executive Board deems advisable, in amounts sufficient to prevent the Association from
being a co-insurer within the terms of such policies, but in any event in an amount not less than
the full insurable replacement costs thereof.

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 (b) Insurance on all Common Elements, and Limited Common Elements which have
insurable value against loss or damage by fire or by any and all other risks insured by standard
extended coverage policies in use in the State of Missouri, with such endorsements as the
Executive Board deems advisable, in amounts sufficient to prevent the Association from being a
co-insurer within the terms of such policies, but in any event in an amount not less chan the full
insurable replacement cost thereof.

(c) Commercial general liability insurance, including medical payments insurance,
against claims for personal injury or death (minimum coverage of One Million Dollars
($1,000,000.00) per occurrence) and property damage (minimum coverage of Two Hundred
Thousand Dollars ($200,000,00) per occurrence) suffered by the public or any Owner, the family,
agent, employee, or invitee of any Owner, occurring in, on, or about the Condominium or within
the Project; upon, in, or about the private driveways, roadways, walkways and passageways, on
or adjoining the Conodminium, and at least Two Million Dollars ($2,000,000.00) in so called
"umbrella" coverage, (when and as determined necessary by the Declarant), Any policy obtained
pursuant to this Subsection (c) shall, if possible and practical considering the cost thereof, contain
a cross-liability endorsement whereby die rights of a named insured shall not prejudice his, her,
or their action or actions against another named insured, and shall contain a "severability of
interest" type o f endorsement precluding the insurer from denying a claim of an Owner or the
Association because of the negligent acts of other Owners, or the Association.

(d) Director's and Officer's liability insurance for the directors and officers of the
Association against any liability arising out of such party's status as a director or officer is
suggested, but not required.

(e) Such other insurance as the Executive Board deems appropriate to protect the
Association and the Owners.

2. Policies, Ail insurance provided for in this Article shall be obtained from responsible
insurers authorized to do business in the State of Missouri, with a Best's rating of "A" or better, and
provide the following;

(a) Primary insured on these policies shall be the Association, as Trustee for each
Owner in accordance with the Owner's Allocated Interest;

(b) Each Owner shall be named as an insured person with respect to liability arising
out of the Owner’s Allocated Interest;

(c) All Mortgagees shall be named as additional insureds as their respective interests
may appear;

(d) The Declarant and Declarant Affiliates shall be named as additional insured as
their respective risk, liability, and interest may exist;

(e) The insurer shall waive its rights to subrogation under the policy against the
Declarant, Declarant Affiliates or their guest and any Owner or members of his household;

(0 No act or omission by any Owner shall void the policy or the condition to
recovery under the policy;

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 (g) If at the time of loss under the policy, there is other insurance in the name of an
Owner covering the same risk covered by the policy, the Association's policy shall provide
primary insurance;

(h) The policy may not be terminated for any cause (other than nonpayment of
premium which shall require a ten (10) day notice) without at least thirty (30) days prior written
notice to the Association and the Mortgagees; and

(i) If possible, all policies of insurance of the character described herein shall
contain an endorsement extending coverage to include the payment of Common Expense Charges
with respect to Condominium Units damaged during the period o f reconstruction thereof.

(j) The premiums for policies obtained by the Executive Board shall be paid out of
the Common Expense Fund.

Any proceeds paid in respect of any insurance policy obtained by the Executive Board pursuant to this
Article V shall be held and disbursed by the Executive Board, as Trustee in accordance with this
Declaration.

3. Condominium Policy and Subrogation. In the event that an insurance policy specifically
designed to meet the insurance needs of condominium projects becomes available in Missouri, the
Executive Board shall be authorized to obtain such a policy provided that the coverage afforded thereby at
least equals the coverage provided by the policies enumerated in this Article. Each Owner and the
Association agree to and hereby waive all rights of subrogation against the Declarant and Declarant
Affiliates that they may have now or in the future under any property insurance policies.

4. Waiver of Claims. Each Owner and the Association agree to and hereby waive all claims
against the Declarant, Declarant Affiliates, Thousand Hills Golf Partnership, L.L.P., Thousand Hills
Really, Inc., and their officers, employees, agents, partners and subcontractors for any injuries or damages
including personal injuries or death that they may have now or in the future under any property insurance
policies.
(a) Each Owner shall be responsible for insuring the personal property and
furnishings located in the Owner's Condominium Unit, and for insuring the Owner's
improvements, alterations, additions, and fixtures not covered by the master policy to be
purchased by the Association. All policies of casualty insurance carried by each Owner shall be
without contribution with respect to the policies of casualty insurance obtained by the Association
for the benefit of all of the Owners as above provided. Each Owner, at his own cost and expense,
should carry an individual policy of liability insurance insuring against the liability of the Owner,
inasmuch as liability insurance policies to be carried by the Association will, as to each Owner,
be only with respect to his liability arising out of the ownership, maintenance, or repair o f that
portion of the Project which is not reserved for his exclusive use or occupancy.

(b) It is a specific requirement that each Owner to carry a minimum of thirty
thousand dollars ($30,000) covering personal property, furnishings, improvements, additions and
fixtures. Additionally each Owner is required to carry an individual liability policy with one
million dollars ( $ 1,000,000.00) liability limit, specifically covering medical and property damage,
and policy shall name Declarant, DeclaranL’s Affiliates and Master Association as additional
insureds. Each Owner shall immediately provide the Dcclarant, Declarant Affiliates, the
Association and the Executive Board with proof of this insurance described herein above. The
Declarant, Declarant Affiliates and Executive Board may, but is not required to, verify each
Owner’s insurance policy, as outlined herein.

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 5. Indemnity. The Association and each Owner, by acceptance of a deed of conveyance for
any Condominium Unit, hereby agree to indemnify, defend and hold Declarant and Declarant’s Affiliates
harmless from any and all liability, damage, loss, or other expense arising from and in connection with the
operation and administration of the Condominium or the use o f the Condominium, Master Facilities,
and/or Common Elements by any Owner, their guest or any other Person.

ARTICLE VI
FIRE OR CASUALTY: REBUILDING

1. Determination to Rebuild. Any portion of the condominium for which insurance is
required under the Act or this Declaration which is damaged or destroyed shall be repaired or replaced
promptly by the Association unless (a) the Condominium is terminated, (b) repair or replacement would
be illegal under any staLe or local health or safety statute or ordinance, or (c) eighty percent (80%) of the
Owners, including every Owner of a Condominium Unit or assigned Limited Common Elements which
will not be rebuilt, vote not to rebuild.

2. Rebuilding.

(a) Unless it is determined that the Common Elements, Condominium Building or
Buildings shall not be repaired and reconstructed, the Executive Board shall promptly, after the
casualty, contract to repair or rebuild the damaged portions of all Condominium Buildings,
Common Elements, Limited Common Elements, and Condominium Units in accordance with the
original plans and specifications therefore.

(b) In the event that the insurance proceeds are insufficient to provide for the needed
repairs, restoration, or rebuilding, those costs in excess o f the insurance proceeds shall be
assessed against all of the Owners, in proportion to their Allocated Interests as a Special
Assessment. The Special Assessments shall not require the consent of the Members
notwithstanding the provisions o f Section 3 of Article IV hereinabove, [f any Owner shall fail to
pay such Special Assessments when due, the Executive Board may make up the deficiency by
payment from the Common Expense Fund. Payment of such assessments shall be enforced as
provided for in Section 5 of Article IV hereinabove,

3. Repair of Condominium Units. Each Owner shall be responsible for the replacement of
all personal property and furnishings in his Unit, not covered by the Association’s insurance.

4. Indemnity of Association. Each Owner shall be responsible for any cost caused through
or by the act, inaction, omission, negligence, or misuse of an Owner, by any member o f an Owner’s
family, or by an Owner’s guests, invitees, licensees or tenants, as provided in Section 9 of Article II
hereof and shall, to the extent not covered by insurance proceeds collected by the Association, indemnify
the Association and all other Owners against any costs.

5. Payment of Insurance Proceeds. All insurance proceeds and other funds received by the
Association pursuant to this Declaration as a result of fire or other casualty loss causing damage to, or
destruction of a Condominium Unit, Condominium Building, Common Elements or Limited Common
Elements shall be disbursed to or for the benefit o f the Owners in the following manner:

(a) If the proceeds are being held to repair or reconstruct a Condominium Unit,
C o n d o m in iu m B u ild in g , Common Elements or Limited Common Elements, then the proceeds
shall be applied toward the cost thereof in accordance with the contracts entered into by iiic

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 Executive Board, acting on behalf of the Association, to complete the repair or reconstruction.
Any funds remaining after completion of the repair or reconstruction shall be retained by the
Executive Board as a part of the Common Expense Fund or shall be paid to each Owner in accord
with each Owner’s Allocated Interest, as the Executive Board may determine.

(b) If the entire Condominium is not repaired or replaced, the insurance proceeds
attributable to the damaged Common Elements shall be used to restore the damaged area to a
condition compatible with the remainder of the Condominium, the insurance proceed attributable
to Condominium Units and Limited Common Elements which are not rebuilt should be
distributed to the Owners of those Condominium Units and the Owners of the Condominium
Units in which those Limited Common Elements were allocated, and the remainder o f the
proceeds shall be distributed to all Owners as their interests may appear in proportion to the
Allocated Interest of the Condominium Units.

(c) If the Owners vote not to rebuild any Condominium Unit, then that unit's
Allocated Interest is automatically reallocated as if the Condominium Unit had been condemned
and the Association shall promptly prepare, execute and record an amendment to the Declaration
reflecting the reallocation.

(d) If it is determined that the Condominium established by this Declaration will
terminate, then the proceeds shall be disbursed to or for the account of the Owners in the
respective Allocated Interest appurtenant to each Condominium Unit as follows;

(i) For the payment of all taxes or assessments to the State of Missouri or
any political subdivision thereof then due, owing and unpaid;

(ii) For the payment of all sums unpaid on any first lien Mortgage;

(iii) For the payment of all sums unpaid 011 any other Mortgage;

(iv) For the payment of any unpaid Common Expense Charge owing;

(v) Any unpaid Master Assessments;

(vi) Any amounts owed to the Master Association, the Association, or any
Unit Owner in accordance with the maintenance, duties, obligations and sharing
provisions as described herein; and

(vii) The balance remaining, if any, shall be paid to the Owner.

ARTICLE VII
EMINENT DOMAIN

1. General Provisions. If all or any part of the Project is taken or threatened to be taken by
condemnation, eminent domain, or by any other similar power, the Executive Board and each Owner shall
be entitled to participate in proceedings incident thereto at their respective expense. The Executive Board
shall give notice of the existence of the proceeding to all Owners and Mortgagees known to the Executive
Board. The expense of participation in the proceedings by the Executive Board shall be borne by the
Common Expense Fund or if necessary by a Special Assessment to be levied by the Executive Board. The
Executive Board is apocifically authorized to obtain and pay for assistance from attorneys, appraisers.

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architects, engineers, expert witnesses, and other persons as the Executive Board in its discretion deems
necessary or advisable. All damages or awards for any taking shall be deposited with the Executive
Board, acting as Trustee, and shall be applied or paid as provided herein.

2. Common Elements Not Subject to Exclusive Use. In the event that an action in eminent
domain is brought to condemn a portion of the Common Elements that are not Limited Common
Elements or exclusively limited to the use of the Owner of one (1) Condominium Unit, the Executive
Board shall have the sole authority to determine whether to defend or resist the proceeding; to make any
settlement with respect thereto; or to convey property to the condemning authority in lieu of a
condemnation proceeding. With respect to any taking of Common Elements, all damages and awards
shall be determined for the taking as a whole and not for each Owner’s interest therein. After the damages
or awards for the taking are determined, they shall be paid to each Owner in proportion to the relative
square footage of his Unit as compared to the square footages of the other Units. The Executive Board
may, if it deems advisable, call a meeting of the Association, at which meeting the Members, by a
majority vote, shall decide whether to replace or restore as far as possible the Common Elements taken or
damaged.

3, Taking of Less than Two-Thirds of Condominium Units. In the event that any eminent
domain proceeding results in the taking o f or damage to one (I ) or more, but less than two-thirds (2/3) of
the total number o f Condominium Units, then the damages and awards for the taking and the payment
thereof shall be determined in accordance with the following:

(a) The Executive Board shall determine which of the Condominium Units damaged
by the taking may be made tenantable and which Limited Common Elements may be made
usable for the purposes set forth in this Declaration,

(b) The Executive Board shall determine whether it is reasonably practicable to
operate the remaining Condominium Units and Limited Common Elements (including those
which may be made tenantable or usable) in the manner provided in this Declaration,

(c) If the Executive Board determines that it is not reasonably practicable to operate
the remaining Condominium Units and Limited Common Elements, then the Project shall be
deemed to be regrouped and merged into a single estate owned jointly in undivided interest by all
Owners, as tenants-in-common, in their respective Allocated Interests, and the Condominium
Projcct hereby established shall terminate.

(d) If the Executive Board determines that it is reasonably practicable to operate the
remaining Condominium Units and Limited Common Elements, then the damages and awards
made with respect to each Condominium Unit and Limited Common Elements which the
Executive Board has determined is capable of being made tenantable or usable shall be applied to
the repair and reconstruction thereof. If the cost of such work exceeds the amount of the award,
the additional funds required shall be assessed against the Owners of those Condominium Units
which are being repaired or reconstructed so as to be made tenantable and against those Owners
who have the exclusive right of use o f the Limited Common Elements being made usable. With
respect to those Condominium Units and Limited Common Elements which may not be made
tenantable or usable, the award made with respect thereto shall be paid to the Owner who owns
such Condominium Unit or has the exclusive right of use of the Limited Common Elements, or lo
his Mortgagee, as their interests may appear, and the remaining portion of the Condominium
Units and Limited Common Elements, if any, shall become a part of the Common Elements and
the repair and use thereof shall be determined by the Executive Board. Those Condominium
Units which may not be made tenantable shall no longer be considered Condominium Units or

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 the Project and the Allocated Interest appurtenant to each remaining Condominium Unit of the
Project shall be adjusted by the Executive Board, in such manner as it may determine, lo
distribute the ownership of the undivided interests in the Common Elements among lhe reduced
number o f Owners. After making such adjustment the Executive Board will cause an instrument
reflecting the new Allocated Interest appurtenant to each Condominium Unit to be duly recorded.

4. Taking in Excess of Two-Thirds of Condominium Units. If the entire Project is taken, or
two-thirds (2/3) or more of the Condominium Units are taken or damaged by the taking, all damages and
awards shall be paid to the accounts of the Owners thereof (or the Owners entitled lo such exclusive use),
in proportion to their Allocated Interests and the Condominium Project hereby established shall terminate
upon such payment. Upon such termination, the remaining Condominium Units, Common Elements, and
Limited Common Elements shall be deemed to be regrouped and merged into a single estate owned in
undivided interest by the remaining Owners, as tenants-in-common, in their respective Allocated
Interests.

5. Payment of Awards and Damages. Any damages or awards provided herein to be paid to
or for the account o f any Owner by the Executive Board, acting as Trustee, subject to the provisions of
any Mortgage affecting the Condominium Unit, shall be applied first, to amounts due under any
Mortgages; secondly, to the payment of any taxes or assessments by governmental authorities past due
and unpaid with respect to that Condominium Unit; thirdly, to the payment of any unpaid Common
Expense Charges or Special Assessments charged to or made against that Condominium Unit; and finally
to the Owner.

ARTICLE V m
AM ENDMENTS TO DECLARATION: BY-LAWS

1. General Provisions. Except as otherwise provided in this Declaration or By-Laws, the
provisions hereof may be amended by an instrument approved by a vote of the Members having in the
aggregate Allocated Interests totaling not less than eighty percent (80%) thereof, except that so long as
Declarant owns any interest in a Condominium Unit, no amendment shall be effective unless approved by
Declarant. Article II of this Declaration may be amended by an instrument approved by an affirmative
vote of the 100% of the Members and the Declarant, No Amendment of this Declaration shall be effective
until a written notice thereof is duly recorded in the Office of the County Recorder for Taney County,
Missouri, along with an affidavit of the members o f the Executive Board stating that Members having the
requisite Allocated Interests approved the Amendment. Declarant reserves the right to amend the
provisions hereof at any time, and from time to time, prior to the recording of a deed to a third party
conveying a Condominium Unit. The By-Laws of the Association may be amended as set forth therein.

2. M ortgagee Protections. This Declaration may not be amended in a manner which
materially affects the rights or security interest of a Mortgagee without the Mortgagee's consent.
Notwithstanding Section I above, unless at least eighty percent (80%) of the Mortgagees have given prior
written approval, neither the Owners nor the Association shall be entitled to abandon or terminate the
Condominium Project.

3. Scrivener's Error. Notwithstanding any provision hereof to the contrary, the right is
expressly reserved to the Executive Board to amend this Declaration to correct any scrivener's error, to
clarify any contradictory or confusing provisions or to correct an erroneous legal description contained
herein.

4. Compliance with Law . In the event any portion o f this Declaration is found not to comply
with the A c t or any other applicable law, the Exccutivc B o a rd with the w ritte n c o n s e n t o f the D e c la ra n t

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may amend the Declaration to correct the defect and provide provisions necessary to maintain the
Condominium in compliance with all laws, ordinances and regulations,

5. Amendment to Declaration, Notwithstanding anything to the contrary contained herein
the Declarant may amend this Declaration to benefit the Condominium without the requirement of
obtaining a vote or other consent of the Owners or Members.

ARTICLE IX
MISCELLANEOUS

1. Partition. Except as specifically retained in the Development Rights of the Declarant, the
Common Elements and Limited Common Elements shall remain undivided and shall not be subject to an
action for partition or division so long as the Condominium is maintained as a condominium pursuant to
the Act in accordance with the terms and provisions hereof. The Condominium Buildings may only be
partitioned or subdivided into separate Condominium Units by the Declarant in its sole and absolute
discretion. No other person shall have the right to create Condominium Units or sub-divide Condominium
Units. Tn addition, it will be the Declarant’s sole right to create Time-share Buildings and/or Time-share
Units for use as and time-share, interval and fractional or other ownership plan.

2. Severability. In the event of the invalidity or partial invalidity or unenforceabtlity of any
provision or portion of this Declaration, the remainder of this Declaration shall remain in full force and
effect.

3. Enforcem ent. The Executive Board, or any Owner, shall be entitled to enforce any of the
terms and provisions hereof by action at law or in equity; or the Executive Board, after ten (10) days prior
written notice to the Owner in question, may pursue any o f the remedies provided in Article IV
hereinabove. If the Executive Board or any Owner shall incur any costs or expenses, including attorney
fees, while successfully enforcing any of the terms or provisions hereof, these costs and expenses shall be
paid by the Owner against whom the enforcement action was directed and shall be deemed a Special
Assessment against that Owner and collected as a delinquent Special Assessment under Article IV,
Section 3, hereof. Failure by the Executive Board or any Owner or Owners to so enforce the terms hereof
shall not be deemed a waiver o f any breach or failure to adhere to any of the terms and provisions hereof.
All remedies available to the Executive Board shall be cumulative and not exclusive.

4. Covenant Running with the Land, Subject to change according to Article VIII, the terms
and provisions hereof shall be deemed to be covenants running with the Land and shall be binding upon
the Declarant, all Owners, and their heirs, legal representatives, successors, and assigns.

5. Rules and Regulations. The Rules and Regulations with respect to the day-to-day
maintenance, operations, and enjoyment of the Common Elements and the Condominium may be
amended from time to time by the Executive Board. The Rules and Regulations are o f equal dignity with,
and shall be enforceable in the same manner as, the provisions o f this Declaration, but in the event o f a
conflict, this Declaration shall control. Each Owner, by accepting conveyance of a Condominium Unit,
agrees to comply with and abide by the Rules and Regulations, as the same may be amended from time to
time,

6. Vacant Condominium Units Not on Nightly Rental. The Association specifically requires
each Owner, guest, invitee, licensee, tenant, lessee, and family, when vacating their Condominium Unit
for more than 24 hour period, must do the following: (a) turn off the U nit’s main water shut-off valve, (b)
turn off electric circuit breaker(s) to the Unit water heater(s) to prevent equipment damage, and (c) during

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the months of November, December, January, February, and March maintain a constant temperature of 62
degrees.

7. Exhibits. Exhibits "A" through and including "D", attached hereto, and any subparts
thereof, amendments, or addenda thereto are hereby incorporated by reference in this Declaration for all
purposes, as if set out verbatim herein.

8. Resale Certificates. The Association shall be entitled to charge a reasonable fee as
determined by the Executive Board for the cost and expense o f preparing Resale Certificates.

9. Dissolution of Condominium. The Condominium may only be dissolved by the
Association in accord with the provisions o f the Act.

ARTICLE X
FUTURE DEVELOPMENT

1. Future Development.

(a) The Declarant hereby reserves all “development rights” and “special Declarant
rights” (as those terms are defined in the Act) as are afforded under the variousprovisions of the
Act to the greatest extent possible. The Future DevelopmentProperty maybe developed in
various Phases and be annexed by Declarant into the Condominium within fifteen (15) years of
the date of this Declaration. The Declarant may add or remove real property to and from the
Future Development Property in any portions and order as the Declarant sees fit. The Future
Development Property may be annexed in any portions and order as the Declarant sees fit. A
portion of Lhe Future Development Property may be annexed without any of the remainder being
annexed. The Declarant may annex non-contiguous parcels of the Future Development Property.
If such development occurs, mutual easements, licenses, and rights shall be granted for the
benefit of the Owners and future Owners of Condominium Units located in any Condominium
Building hereafter constructed on the Future Development Property. In order to accomplish the
orderly and complete development of the Condominium, and in order to insure the effective
administration of the Condominium during each stage of development, each and every contract
purchaser, Owner, lessee or occupant, or holder of any mortgage or other lien, by acceptance o f a
deed to Condominium Unit or by the acceptance of any other legal or equitable interest in the
Condominium, does automatically and irrevocably consent to the further development o f the
Condominium as provided for herein.

(b) The Declarant may add additional real property to the Future Development
Property by amending this Declaration to include the additional property, contiguous or non­
contiguous, on additional Exhibits numbered ”B-1", "B-2", etc. designating the additional
property as Future Development Property,

(c) The Future Development Property may be incorporated into the Condominium
by amending this Declaration to include the Future Development Property, or any part thereof,
contiguous or non-contiguous on additional Exhibits numbered " A -l”, "A-2", etc. designating the
additional property as another Phase of the Condominium, each additional Phase being numbered
in sequence. Each time an additional Phase is added to the Condominium, Exhibits "C" and "D"
hereto shall also be amended to show the location, placement and relative size of each additional
Condominium Unit in relation to the Condominium as a whole and the Allocated Interest of each
Condominium llnit fallowing the inclusion of more units.

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 (d) Upon completion of the Condominium this Declaration shall be amended by
attaching hereto final Exhibits "A"„"C", and "D" reflecting the entire Condominium and labeled
"A Final", "C Final" and "D Final", The maximum number of Condominium Units which may be
included within the Condominium is five hundred (500).

2. Time shares. The Declarant reserves the right to convert any Condominium Unit owned
by Declarant or if not owned by Declarant then with the consent of the Owner, in its sole discretion to
Time-share Units without amending this Declaration. Only the Declarant (or its assigns) may convert
Condominium Units into Time-share Units. A Condominium Unit shall become a Time-share Unit by and
upon the Declarant executing a Deed conveying one (1) or more Vacation Weeks to a Vacation Unit
Owner. The Declarant reserves the right to amend this Declaration to further describe the plan of interval
ownership which will govern the sale, ownership and use of Vacation Units (the “Plan of Interval
Ownership"). Under the Plan of Interval Ownership (a) each Vacation Unit Owner shall be obligated to
pay his proportionate share of the Common Fixpense Charges levied against his Vacation Unit by the
Association and for any other charges o f the Association to the Vacation Unit pursuant to this
Declaration, Act or By-Laws, and (b) each Vacation Unit Owner shall be entitled to a proportionate vote
for each of his Vacation Weeks to permit equality among Vacation Unit Owners and Condominium Unit
Owners. A Time-share Unit may be converted back to a whole ownership Condominium Unit by a single
entity which holds title to all of the Vacation Weeks of a Vacation Unit.

3. Removal of Common Elements and Limited Common Elements from the Condominium.
Declarant hereby reserves, during the entire time that Declarant controls or is represented on the
Executive Board, the sole right to remove for their own or personal use and benefit Common Elements or
Limited Common Elements (including but not limited to, real property/land relative thereto) from the
Condominium.

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 IN WITNESS WHEREOF, the undersigned, being the Declarant herein, has hereunto set his hand
as of the day and year first above written.

THE MAJESTIC AT TABLE ROCK, L.L.C.
a Missouri limited liability company

Daniel C. Ruda, Manager

STATE OF MISSOURI )
)ss.
COUNTY OF TANEY )

On this day of A u jy U -^ . 2007, before me personally appeared Daniel C.
Ruda, to me personally known, who beirtg duly sworn, did say that he is the Manager o f THE MAJESTIC
AT TABLE ROCK, L.L.C., a Missouri limited liability company, (the “Company”), that the foregoing
instrument was signed in behalf of Lhe Company and the said Manager acknowledged the instrument to be
the free act and deed of the Company.

IN TESTIM ONY WHEREOF, I have hereunto set my hand and affixed my official seal, at my
office in Taney County, Missouri, the day and year first written above.

Notary

My commission expires:

9534 - 006/116329 3
GINGER A. GROVES
Notary Public - Notary Seal
Stale of Missouri
Stone County
My C om m ission Expires June 2 3 ,2003

Page 29 of 29
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 EXHIBIT “A”
(The Majestic at Table Rock Condominium)

Phase 1, Building 1:

A tract of land situated in the NW1A of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NWVi of the SW!4; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW’A of the SWA 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 100.04
feet; thence North 88° 30' 02" West 107.94 feet for a POINT OF BEGINNING thence
South 01° 34' 32" West 64.42 feet; thence North 88° 25' 28" West 296.00 feet thence
North 01° 34' 32" East 43.83 feet; thence South 88° 25' 28" East 13.91 feet thence
North 01° 34' 32" East 16.17 feet; thence South 88° 25' 28" East 13.19 feet thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25r 28" East 26.50 feet thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01c 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 12.31 feet, thence
North 01° 34' 32" East 4.42 feet; thence South 88® 25' 28" East 27.08 feet, to the point
of beginning; containing 18,015.00 square feet of land, more or less.

2007L44822
 EXHIBIT “B”
(The Majestic at Table Rock Lake)
Future Development Lands

A tract of land situated in the NW1A of the SWVi of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at the
Northeast corner of said NW14 of the S W t h e n c e South 01° 26' 05" West along the
East line thereof 517.90 feet for a POINT OF BEGINNING; thence continue South 01°
26' 05" West along said East line 309.87 feet to a point on the GFTL; thence South 46°
31' 42" West along said GFTL, 232.51 feet; thence North 88° 05' 20" West along said
GFTL 823.36 feet; thence North 01° 20' 12" East along said GFTL 477.28 feet; thence
South 87° 58' 44" East 988.87 feet to the point of beginning; containing 10.50 acres of
land, more or less.

TOGETHER WITH a 50.00 foot wide road easement described as being a strip of land
50.00 feet wide and 517.90 feet long lying parallel, adjacent to and on the West side of
the East line of said NW1A of the SW1A from the North line of the above described tract
to the North line of said NWIA of the SWVi.

ALSO, ALL of the SWA of the NE1/4 of Section 10, Township 22 North, Range 22 West
lying WEST of Missouri State Highway No. 265, as now located.

LESS AND EXCEPT from the above described lands, those portions which have been
platted as The Majestic at Table Rock Lake Condominium, as more particularly
described in Exhibit "A".

2007L44822
 BOOK PAGE

2007L44822
08/22/2007 09:30:19AM
R£C FEE:120.00
NON-STD FEE;
PAGF<5 ■ ^
REAL ESTATE'DOCUMENT
TANEY COUNTY, MISSOURI
RECORDERS CERTIFICATION

ROBERT A. DIXON

Tri-Lakes Title Co., Inc.
(Space above reserved for Recorder o f Deeds Certification)

Title of Document: Declaration of Condominium

Date of Document: August 13,2007

Grantor(s): The Majestic at Table Rock, L.L.C.

Grantcc(s): The Majestic at Table Rock Condominium

Mailing Address(es): 245 S. Wildwood Drive, Branson, MO 65616

Legal Description: See Exhibit “A” attached hereto and made a part hereof.

Reference Book and Page(s): N/A
 38. Rules and Regulations means the rules adopted from time to time by the Association
concerning the management and administration o f the Condominium. The initial set o f Rules and
Regulations shall be promulgated by the Declarant, a copy o f which may be obtained by request o f the
Association or the Declarant,

39. Square Footage shall mean the total square feet o f interior space in each Condominium
Unit not including any terrace s,, patios, decks, porches, attic area, driveways or other Limited Common
Elements or any Parking Garages or Declarant Parking Garages,

40. Time-share Unit means a Condominium Unit which has been designated and committed
to interval or “time-share” ownership as defined under the Missouri Uniform Condominium Act RSM o.
§448.1-103(28) (1994) in the form of Vacation Weeks. All restrictions and obligations which apply to a
Condominium Unit hereunder shall also apply to a Time-share Unit and each Vacation Week.

4 1. Vacation Unit Owner means a person who owns one (1) or more Vacation Weeks having
been conveyed by Deed; provided, however, that the Declarant is deemed a Vacation Unit Owner o f any
Vacation Weeks which have yet to be conveyed by the Declarant.

42. Vacation Week means the deeded week during which a Vacation Unit Owner has the
exclusive right to use and occupy a Time-share Unit. If the Declarant decides to convert Condominium
Units to Time-share Units, then Lhe Declarant shall have the exclusive right and power to record an
amendment to this Declaration defining the beginning and ending days o f each Vacation Week. Vacation
Weeks may be dedicated to a “floating use plan" managed by the Declarant or its assigns, in which event
a Vacation Unit Owner shall relinquish his right to use his Vacation Week during his deeded week.

Defined terms used in this Declaration may be used interchangeably, in singular or plural form, and
pronouns are to be construed to cover all genders. All references to this Declaration or any agreem ent or
instrument referred to in this Declaration shall mean such agreement or instrument as originally executed
and as hereafter amended, supplemented, extended, consolidated or restated from time to time. The words
“herein”, ‘‘h ereo f’ and “hereunder” and other words of similar import refer lo this Declaration as a whole
and not any particular subdivision; and the words “Article” and “Section" refer to the entire article or
section, as applicable and not to any particular subsection or other subdivision. Reference to days for
performance means calendar days unless business days expressly indicated.

ARTICLE II
GENERAL PROVISIONS RELATING TO
USE AND OCCUPANCY

1, Description of Condominium. The Condominium consists o f the Condominium Units,
Common Elements, Lim ited Common Elements and Condominium Easements, as described herein and/or
depicted on the Plat. The Condominium does not contain the Master Facilities. Certain rights and
Easements (including rights and easements o f necessity, support and use as described in Section 4 o f this
Article II and in other Sections of this Declaration) are granted to the Unit Owners, the Association, the
Declarant, M aster Association and their respective guests, invitees and agents.

2. Use Restrictions. Each Owner, other than the Declarant, Declarant Affiliates, their
assigns or succcssors shall use their Condominium Unit in accordance with the following;.

(a) No Owner, other than the Declarant, Declarant Affiliates, their assigns or
successors shall have any right to place any sign (including, but not limited to, “ for rent” , “ f o r

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 7. Retention/Use o f Declarant Parking Garages. The Declarant and Declarant Affiliates may
retain ownership and/or leasehold rights and/or occupancy/use of up to ten (10) Parking Garages. The
Declarant and Declarant Affiliates need not own any Condominium tin its to lease and occupy Declarant
Parking Garages. Declarant Parking Garages may be used for any purpose the Declarant and Declarant
Affiliates see fit, including their business and/or personal use. Neither the Association, the other O w ner’s
nor the use o f the Condominium shall interfere with the Declarant’s or Declarant Affiliates’ use and
enjoyment of these Declarant Parking Garages.

8. Declarant Retained Amenities. The Declarant, Declarant Affiliates and their agents or
assigns have the perpetual right to retain ownership of (or right to use) any and all portions o f the Project
not “in” the Condominium, including all Parking Areas, Parking Garages, driveways, landscaping,
sidewalks, elevators, the pool or other amenities and facilities (the “Amenities") in the Project (if any) or
located on or near the Land for their business and/or personal use including allowing their Guests the
right to use the Amenities. The Declarant, Declarant Affiliates and their assigns have also authorized and
assigned to their respective authorized agents, representatives, employees, assigns and successors these
same rights. The Declarant, Declarant Affiliates and their assigns may enter into a separate pool use or
lease type agreement whereby this Association or other associations and their respective Owners may
utilize the amenities. The Association would pay a monthly fee for the use and maintenance of any such
Amenities, as to be described in an amenity use agreement, pool lease, garage lease, easement agreement
or other contract or lease agreement as may exist from time to time. The fee shall be to cover the costs
and expenses of these amenities, including but not limited to, maintenance, reserves for deferred
maintenance, insurance, repairs, utilities, labor, accounting, administration, legal costs, management,
interest, carrying costs, overhead, taxes, return on investment, and other miscellaneous incidental costs.
The Declarant may enter into agreements to cause the M aster Association to manage, operate, and
administer any or all of these Amenities.

9. Future Condominium Buildings and Units. Future Condominium Buildings and
individual Condominium Units may change and vary significantly in terms of architectural style and
quality of construction. Any additional Units constructed by Declarant by virtue of Declarant's exercise of
its development rights are not required to be compatible with the existing Units.

10. Owner Actions. In the event that the need for maintenance, repair, or replacement o f all
or any portion o f the Common Elements, M aster Facilities, or other Condominium Units is caused
through or by the act, inaction, omission, negligence, or misuse of an Owner, by any member o f an
Owner’s family, or by an Owner’s guests, invitees, licensees or tenants, then the expenses incurred by the
Association for such maintenance, repair, or replacement shall be a personal obligation of such Owner;
provided, however, that the personal obligation o f the Owner shall be limited to the amount o f the
Association’s then current insurance deductible amount on its insurance policy(ies) for the Common
Elements, M aster Facilitates, or Condominium Units. No insurance claim will be made with
Association’s insurance carrier if the total personal obligation of the Owner is equal to or less than the
then current amount o f the deductible of the Associations insurance. If the Owner fails to repay the
expenses incurred by the Association within thirty (30) days after notice lo Owner of the amount owed,
then the failure to so repay shall be a default by the Owner under provisions of this sections and payment
thereof shall bear interest and be secured in the same manner as for Common Expense Charges as set out
in Article IV, Section 4 hereof.

11. Rental Program . Notwithstanding anything contained ill this Declaration, Units may be
submitted to the Rental Program. Under the Rental Program, Unit Owners allow their Units to be used for
transient rentals through the Rental M anager’s reservation system. Transient rental of Units pursuant to
the Rontal Program its expressly authorized and permitted with the Rental Manager. All tenancies are
hereby made subordinate to any lien filed by the Association or the Master Association, whether prior or

Page 12 of 29
2007L44822
 subsequent to such lease. There shall be no amendment to this Article II, Section II, or to any other
provision o f this Declaration that shall impair the rights established in this Article II, Section 11, without
the prior approval of the Declarant and one hundred percent (100%) of the entire voting interests o f the
Unit Owners

12. Rental of Units. A Unit Owner of a Unit that has not been submitted to the Rental
Program may rent or lease their Unit if (a) the Unit Owner is not in default o f this Declaration, the
Condominium Rules and Regulations or the Master Rules; and (b) the rental would not com prom ise the
Resort Quality Standard of the Project (as determined by the Master Association). All tenancies are
hereby made subordinate to any lien filed by the Association or the Master Association, whether prior or
subsequent to such lease. Any Unit Owner directly renting or leasing their Unit (not under the Rental
Program) will be jointly and severally liable with any of their tenants, guests and users to the Association
for any amount which is required by the Association, and/or the Master Association, as applicable, to
repair any damage to the Property, including the Common Elements, the Condominium Easements,
and/or the Master Facilities resulting from acts or omissions o f tenants (as determined in the sole
discretion of the Association) and to pay any claim for, injury or damage to property caused by the
negligence of the tenant and special charges may be levied against the Unit therefore. The Association
may require the Unit Owner to obtain a deposit from any tenant, which may be held by the Association as
a security/damage deposit for the damage of any Common Elements or M aster Facilities. The Association
may require the Unit Owner to use a standard form lease previously approved by the Association.

13. Violation of Established Rules and Regulations. All restrictions set forth in this
Declaration and the Rules and Regulations promulgated by the Declarant and/or the Executive Board may
be enforced by (a) the imposition of reasonable monetary fines as provided in the Act, (b) suspension of
use o f amenities and Common Elements, and (c) suspension of voting rights. These powers, however, shall
not be construed as limiting any other legal means of enforcing the use restrictions or Rules and
Regulations. All Owners are responsible for the acts of their families, guests and invitees and any violation
by the families, guests or invitees of an Owner shall be enforceable against the Owner. Any fines imposed
on an Owner shall be considered an assessment against that Owner's Unit and may be collected in the
manner provided for the collection of other assessments.

14. Master Covenants. Notwithstanding anything contained herein, the use o f the
Condominium, Condominium Units, the Common Areas, and any other portion o f the Project shall be
governed by and subject to the Master Covenants.

15. No Change of Use. This Article II may not be amended nor any use or restriction
modified without Declarant's and Declarant Affiliates’ prior written consent.

ARTICLE 111
MANAGEMENT AND OPERATION OF PROJECT

1. Subject to M aster Covenants. All covenants, restrictions, conditions, easements, rights
and all other terms described herein shall be subject to the M aster Covenants (if any), and the M aster
Rules.

2. Management bv Association. The affairs o f the Condominium shall be administered by
the Association. The Association shall have the power and obligation to provide for the maintenance,
repair, replacement, administration, insuring and operation of the Condominium as herein provided and as
provided in the By-Laws and in the Rules and Regulations. In addition to the powers and authorities set
forth herein and in the By-Laws, the Association shall have all the powers and authority set forth in
Section 448,3-102 of the Act. Without limiting the generality of the foregoing, the Association acting

Page 13 of 29
2007L44822
 (d) Upon completion of the Condominium this Declaration shall be am ended by
attaching hereto final Exhibits "A V 'C ", and "D" reflecting the entire Condominium and labeled
"A Final", "C Final" and "D Final". The maximum number of Condominium Units which m ay be
included within the Condominium is five hundred (500).

2. Tim eshares. The Declarant reserves the right to convert any Condominium Unit owned
by Declarant or if not owned by Declarant then with the consent of the Owner, in its sole discretion to
Time-share Units without amending this Declaration. Only the Declarant (or its assigns) may convert
Condominium Units into Time-share Units. A Condominium Unit shall become a Time-share Unit b y and
upon the Declarant executing a Deed conveying one (1) or more Vacation Weeks to a Vacation Unit
Owner. The Declarant reserves the right to amend this Declaration to further describe the plan of interval
ownership which will govern the sale, ownership and use of Vacation Units (the “Plan of Interval
Ownership"). Under the Plan of Interval Ownership (a) each Vacation Unit Owner shall be obligated to
pay his proportionate share o f the Common Expense Charges levied against his Vacation Unit by the
Association and for any other charges of the Association to the Vacation Unit pursuant to this
Declaration, Act or By-Laws, and (b) each Vacation Unit Owner shall be entitled to a proportionate vote
for each of his Vacation Weeks to permit equality among Vacation Unit Owners and Condominium Unit
Owners. A Time-share Unit may be converted back to a whole ownership Condominium Unit by a single
entity which holds title to all of the Vacation Weeks of a Vacation Unit.

3. Removal of Common Elements and Limited Common Elements from the Condominium,
Declarant hereby reserves, during the entire time that Declarant controls or is represented on the
Executive Board, the sole right to remove for their own or personal use and benefit Common Elem ents or
Limited Common Elements (including but not limited to, real property/land relative thereto) from the
Condominium.

Page 28 of 29
2007L44822
 BOOK PAGE
2008L19193
05/05/2008 03:07:46PM
REC FEE:42.00
NON-STD FEE:
PAGES: ?
REAL ESTATE DOCUMENT
taney county , Missouri
RECORDERS CERTIFICATION

ROBERT A. DIXOH

(Space a b o v e reserved for R e c o r d e r o f D e e d s certification)

DOCUMENT TITLE: FIRST AMENDMENT TO DECLARATION OF
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

DATE: As o f the S day o f May, 2008
Xl
DECLARANT: THE MAJESTIC AT TABLE ROCK., L.L.C.,
a Missouri limited liability company
^ 2 4 5 S. Wildwood, Branson, MO 65616

DECLARATION: DECLARATION OF TUB MAJESTIC AT TABLE ROCK
CONDOMINIUM, dated as of the 13lh day of August, 2007, recorded
at Book 2007 Page 44822 iti the office o f the Recorder of Deeds for
Taney County, Missouri.

CONDOMINIUM PLA T: MAJESTIC AT TABLE ROCK CONDOMINIUM PHASE 1
BUILDING 1, dated as o f the 22";l o f August, 2007, recorded at Slide
I, Page 608, as amended by that certain MAJESTIC AT TABLE
ROCK CONDOMINIUM PHASE 2 ^ BUILDING ±_, dated as o f the
5*o f NWJ , 2008, recorded at Slide _X, Page \ 2.& .

LEGAL DESCRIPTION
OF ADDITIONAL PROPERTY: See Exhibit “A-2”

ST A T E M E N T O F PU R PO SE

TIMS FIRST AMENDMENT IS MADE TO ADD ADDITIONAL PROPERTY TO THE
CONDOMINIUM.

W h e n recorded, return to: Russell W. Cook, Esq.
Carnahan, Evans, Cantwell & Brown P.C, ,
3027 W. Highway 76. Suite B
Branson, MO 65616

2008L19193
 FIRST AMENDMENT TO
DECLARATION OF THE MAJESTIC AT TABLE ROCK CONDOMINIUM

This FIRST AMENDMENT TO DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM (the “Amendment”) is made by THE MAJESTIC AT TABLE ROCK., L.L.C., a
Missouri limited liability company (the '"Declarant”'), whose principal place o f business is located at 245
S. Wildwood, Branson, Missouri 65616.

WITNESSETH:

WHEREAS, pursuant to that certain DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM (the ‘‘Declaration”) and the Plat thereof, recorded at Book 2007 Page 44822, THE
MAJESTIC ATTABLE ROCK CONDOMINIUM was formed (the “Condominium”); and
WHEREAS, the Condominium is subject to that certain DECLARATION OF RESTRICTIONS,
COVENANTS AND CONDITIONS OF MAJESTIC SHORES; and
NOW THEREFORE, Declarant does hereby exercise its “Development Rights” (as defined in
the Declaration) to add properly and create additional Units within the Condominium, and to amend the
Declaration accordingly, as follows:
1. Incorporation and Defined Terms. This Amendment hereby incorporates all o f the terms
and conditions from the Declaration to the extent that they are not amended, modified, or superseded by
this Amendment. Capitalized terms in this Amendment shall have the meanings ascribed to those terms in
the Declaration unless otherwise defined herein or the context herein otherwise dictates.
2. Addition o f Property. The Declarant hereby submits the real property described on
Exhibit A-l attached hereto (the “Additional Property”) the condominium form o f ownership. The
Additional Property is hereby added to the Condominium and shall be subject to the Declaration.
3. Amendment to Exhibit “A ". The term “Condominium” and Exhibit “A” o f the
Declaration are hereby amended to include the Additional Property described on Exhibit “A -l” .
4. Amendment to Exhibit “B?:. Exhibit “B” o f the Declaration is hereby deleted in its
entirety and replaced by Exhibit ‘‘B -l” attached hereto.
5. Amendment to Exhibit "C". Exhibit “C” of the Declaration is hereby deleted in its
entirety and replaced by Exhibit “C -l” attached hereto.
6. References in Declaration. All references in the Declaration to Exhibit “A” shall include
the Additional Property as if it had been included in the original Declaration. Any future reference in any
document to Exhibit A of the Declaration shall be deemed to include the Additional Property. Any future
reference in any document to Exhibit R o f the Declaration shall be deemed to refer to Exhibit “B -l”
attached hereto. Any future reference in any document to Exhibit C o f the Declaration shall be deemed to
refer to Exhibit “C -l” attached hereto. Any reference in the Declaration to the Condominium, Common
Elements and Condominium Units shall include the Additional Property and all Common Elements and
Condominium Units therein.
7. Effect of Amendment. Except as expressly modified herein, the remaining terms,
provisions and conditions o f the Declaration shall remain in full force and effect.

i

2008L19193
 IN WITNRSS WHEREOF, (he undersigned, being the Declarant herein, has executed this
Amendment as of the day and year first above written.

THE MAJESTIC AT TABLE ROCK, L.L.C.,
a Missouri limited liability company

Dati Ruda, Manager

STATF.OF MISSOURI)
) ss.
COUNTY OF TANEY )

On this day o f May, 2008, before me personally appeared Daniel C. Ruda, to me personally
known, who being duly sworn, did say that he is the Manager o f THE MAJESTIC AT TABLE ROCK,
L.L.C., a Missouri limited liability company and that the said company by authority o f its Manager and
acknowledged said instrument to be the free act and deed o f said company.

IN WITNESS WI IF.RFOF, I have hereunto set my hand and affixed my official seal the day and
year last above written.

Nolary Public \S

My commission expires;.
L~ aT T C IA L. R O B IN S O N
Taney County
My Commission Expire:
95.5‘)-00(S/lfi33Vl July
fv ^ mlaalon # 05ZMM&

2

2008L19193
 E X H IB IT “ A-1

Condominium Plat recorded at Book/Slide _j_ Page 608
and

A TRACT OF LAND St TVA TED IN THE N W l/4 OF THE S M / 4 OF SECTION 10. TO'ANSHIP 2 2 NORTH, RANGE
22 fVFST; TANEY COUNTY, MISSOURI, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING A T
AN EXISTING 5 / 8 “ IRON PIN CAPPED 3 Y PLS 3140 MARKING THE NORTHEAST CORNER OF THE N W 1/4 OF
THE SW 1/4 OF SAID SECTION 10; THENCE S 0 n 9 '2 8 ’ W, (MEASURED). S 0 V 2 6 'Q 5 " % (DEED). ALONG
THE EAST LINE OF THE N W l/4 OF THE SW 1/4, A DISTANCE OF 5 1 8 ,8 7 FEET (MEASURED) 5 17 ,9 0 FEET
(DEED), TO AN EXISTING IRON PIN; THENCE S Q r 2 7 ‘3 ? “ W,(MEASURED). S 0 V 2 6 ‘0 5 ' % (DEED), ALONG
SAID EAST LINE, A DISTANCE OF 104,21 FEET; THENCE N 8 8 '3 2 '2 3 ' W, LEAVING SAID EAST LINE, A
DISTANCE OF 3 8 9 .0 5 FEET, TO THE NORTHWEST CORNER OF PHASE 1 BUILDING I MAJESTIC A T TABLE
ROCK CONDOMINIUM, FOR A NEW POINT OF BEGINNING; THENCE N 8 a '2 5 ’2 3 ’ W, A DISTANCE OF 0 .9 8
FEET; THENCE S 0 1 '3 4 '3 2 " W, A DISTANCE OF 18,17 FEET; THENCE N 8 B '2 5 '2 8 " W, A DISTANCE OF 13.91
FEET; THENCE S 0 1 '3 4 '3 2 ‘ W. A DISTANCE OF 4 3 .8 3 FEET; THENCE N 8 8 '1 0 ‘3 6 “ W, A DISTANCE OF
3 0 2 .3 0 FEET; THENCE N 0 1 1 9 '5 9 ‘ E, A DISTANCE OF 6 2,42 FEET; THENCE S 8 8 '4 Q ‘0 t ’ E, A DISTANCE
OF 15.03 FEET; THENCE S 0 1 1 9 '5 9 “ W,A DISTANCE OF 4.42 FEET;THENCE S 8 8 '4 0 '0 1 “ £ A DISTANCE
OF 12.31 FEET; THENCE S 0 n $ ‘5 $ “ W.A DISTANCE OF 1.00 FEET;THENCE S 8 8 ‘4 0 ‘0 1 “ £ A DISTANCE
OF 6 .0 0 FEET; THENCE N Of 1 9 '5 2 “ E, A DISTANCE OF 5 .0 0 FEET; THENCE S B B W O I* £ A DISTANCE
OF 12.69 FEET; THENCE S 0 1 1 9 ‘5 9 " W,A DISTANCE OF 4 ,0 0 FEET;THENCE S 3 8 ‘4 0 ’0 r £ A DISTANCE
OF 13.31 FEET; THENCE S 0 1 1 9 ‘5 9 " W, A DISTANCE OF 1,00 FEET; THENCE S B 8'4 0‘01 ’ £ A DISTANCE
OF 6 .0 0 FEET) THENCE N 011Q ‘5 9 “ £ A DISTANCE OF 5.09 FEET; THENCE S 8 8 '4 0 '0 r £ A DISTANCE
OF 2 5 .6 4 FEET; THENCE S 0 1 1 9 ’5 9 ’ W, A DISTANCE OF 5 .0 9 FEET; THENCE S 8 8 ‘4 0 ‘0 r £ A DISTANCE
OF S.86 FEET; THENCE N 0119'59° E, A DISTANCE OF 1.00 FEET: THENCE S S 8‘4 0 '0 1 * £ -4 DISTANCE OF
2 6.50 FEET; THENCE S O i l 9 '5 9 “ W, A DISTANCE OF 1.00 FEET; THENCE S 8 8 '4 0 ‘0 1 ‘ £ A DISTANCE OF
5 .7 8 FEET; THENCE N 0 1 1 9 '5 9 “ £ A DISTANCE OF 3 .0 0 FEET; THENCE S 8 8 -4 0 '0 1 “ C A DISTANCE OF
2 5 .7 2 FEET; THENCE S 0 1 1 9 '5 9 “ W, A DISTANCE OF 5 .0 0 FEET, THENCE S 8 8 ‘4 0 '0 1 " £ A DISTANCE OF
6 .0 0 FEET; THENCE N 0 1 1 9 ‘5 9 ‘ £ A DISTANCE OF 1.00 FEET; THENCE S 8 8 ‘4 0 ‘0 l “ £ A DISTANCE OF
2 6.50 FEET; THENCE S 01il 9 ,5 9 " W, A DISTANCE OF 1.00 FEET; THENCE S 8 8 '4 0 '0 1 * £ A DISTANCE OF
6 .0 0 FEET; THENCE N 0 H 9 '5 9 * £ A DISTANCE OF 5 .0 0 FEET; THENCE S 8 8'40 'Q 1 * £ A DISTANCE OF
2 5 .e s FEET: THENCE S 0 1 1 9 '5 9 " W. A DISTANCE OF 5 .0 0 FEET; THENCE S 8 8 '4 0 ‘0 1 ' £ A DISTANCE OF
5 .8 7 FEET; THENCE N 0 1 1 9 ‘5 9 “ E, A DISTANCE OF 1.00 FEET; THENCE S 8 8 ‘4 0 '0 1 ' £ A DISTANCE OF
2 6.50 FEET: THENCE S 01'19'59'’ W. A DISTANCE OF 1.00 FEET; THENCE S S 8 '4 0 ‘0 1 ‘ £ A DISTANCE OF
5 .7 2 FEET; THENCE N 0 l1 9 ‘5 9 * £ A DISTANCE OF 5 .0 0 FEET; THENCE S 8 S ’4 0 ‘0 1 “ £ A DISTANCE OF
2 5 .7 9 FEET; THENCE S 0 1 1 9 '5 9 " W, A DISTANCE OF 5 .0 0 FEET; THENCE S 8 8 '4 0 ‘0 1 ' £ A DISTANCE OF
6 .0 0 FEET; THENCE N O I1 9 '5 9 ‘ £ A DISTANCE OF 1.00 FEET; THENCE S 8 8 '4 0 '0 l“ E, A DISTANCE OF
12.90 FEET; THENCE N 0 1 1 9 ‘3 9 " £ A DISTANCE OF 4 .4 2 FEET; THENCE S 8 8 '2 5 ,2 8 '‘ £ A DISTANCE OF
15.73 FEET; THENCE S 01'34 ‘3 2 ' W, A DISTANCE OF 5 .0 0 FEET, TO THE NEW POINT OF BEGINNING.
CONTAINING 18,712.00 SQUARE FEET OF LAND, MORE OR LESS, SUBJECT TO ALL EASEMENTS AND
RESTRICTIONS OF RECORD.

bxhibit A.-]

2008L19193
 flxhibit “ B -P

A tract of land situated in the NW1/4 of the 5W% of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at the
Northeast corner of said NWVi of the SWV*; thence South 01° 26f 05" West along the
East line thereof 517,90 feet for a POINT OF 8EGINNING; thence continue South 01°
26r 05" West along said East line 309.87 feet to a point on the GFTL; thence South 46°
31' 42" West along said GFTL, 232.51 feet; thence North 88° 05' 20" West along said
GFTL 823.36 feet; thence North 01® 20' 12" East along said GFTL 477.28 feet; thence
South 87° 58' 44" East 988.87 feet to the point of beginning; containing 10,50 acres of
land, more or less,

TOGETHER WITH a 50,00 foot wide road easement described as being a strip of land
50,00 feet wide and 517.90 feet long lying parallel, adjacent to and on the West side of
the East line of said NWV* of the SWA from the North line of the above described tract
to the North line of said NW1A of the SW’A.

ALSO, ALL of the SWV* of the NEV* of Section 10, Township 22 North, Range 22 West
lying WEST of Missouri State Highway No. 265, as now located.

L£5S AND EXCEPT from the above described lands, those portions which have been
platted as The Majestic at Table Rock Lake Condominium, as more particularly
described In Exhibit "A",

Exhibit B-l

2008L19193
 E x hib il “ C -1 ”

ALLOCATED INTEREST and UNIT TYPES

Building Unit Established %lnterest
Sq. Ft.
1 101 1968 1,85%
1 102 1403 1.32%
1 103 1403 1.32%
1 104 1403 1.32%
1 105 1403 1.32%
1 106 1403 1.32%
1 107 1403 1.32%
1 108 1692 1,60%
1 201 1692 1.32%
1 202 1403 1.32%
1 203 1403 1.32%
1 204 1403 1.32%
1 205 1403 1.32%
1 206 1403 1.32%
1 207 1403 1.32%
1 208 1692 1.60%
1 301 1692 1.60%
1 302 1403 1,32%
1 303 1403 1.32%
1 304 1403 1.32%
1 305 1403 1.32%
1 306 1403 1.32%
1 307 1403 1.32%
1 308 1692 1.60%
1 401 2006 1.90%
1 402 1717 1.65%
1 403 1717 1.65%
1 404 1717 1.65%
1 405 1717 1.65%
1 406 1717 1.65%
1 407 1717 1.65%
1 408 2006 1.90%

Exhibit C-1

2008L19193
 Building Unit Established %lnterest
Sq. Ft.
2 109 1692 1.60%
2 110 1403 1.32%
2 111 1403 1.32%
2 112 1403 1.32%
2 113 1403 1.32%
2 114 1403 1.32%
2 115 1403 1.32%
2 116 1403 1.32%
2 117 1968 1.68%
2 209 1692 1.60%
2 210 1403 1.32%
2 211 1403 1.32%
2 212 1403 1.32%
2 213 1403 1.32%
2 214 1403 1.32%
2 215 1403 1.32%
2 216 1403 1.32%
2 217 1692 1.60%
2 309 1692 1,60%
2 310 1403 1.32%
2 311 1403 1.32%
2 312 1403 1.32%
2 313 1403 1.32%
2 314 1403 1.32%
2 315 1403 1.32%
2 316 1403 1.32%
2 317 1692 1.60%
2 409 2006 1.90%
2 410 1717 1.65%
2 411 1717 1.65%
2 412 1717 1.65%
2 413 1717 1.65%
2 414 1717 1.65%
2 415 1717 1.65%
2 416 1717 1.65%
2 417 2006 1.90%

The Declarant has reserved the right to add additional phases to the Condominium. In such case, the
Declarant shall amend this P.xhibit “C-l” accordingly.

END OF DOCUMENT.

Exhibit C -l

2008L19193
 book page

2008L27518
OB/17/2008 11:09;59AM
REC FEE:30.00
NON-STD FEE:
PAGES: 3
RCAL ESTATE DOCUMENT
TANEY COUNTY, MISSOURI
RECORDERS CERTIFICATION
!“ : SEAL r0j
'<&•. ★ ROBERT A. DIXON
Evans Title Company

(S p a c e a b o v e reservedfor Recorder o f D e e d s certification)

DOCUMENT TITLE: SPECIAL AMENDMENT TO DECLARATION OF
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

DATE: As o f the day of June, 2008

DECLARANT: THE MAJESTIC AT TABLE ROCK, L.L.C.,
a Missouri limited liability company
245 S. Wildwood, Branson, MO 65616

DECLARATION: DECLARATION OK THE MAJESTIC AT TABLE ROCK
CONDOMINIUM, dated as of the 13tl1 day o f August, 2007, recorded
al Book 2007 Page 44822 in the office of the Recorder of Deeds for
Taney County, Missouri, as amended by that FIRST AMENDMENT
TO DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM, dated as o f the 5th day of May, 2008, recorded at
Book 2008 Page 19193 in the office o f the Recorder of Deeds for
Taney County, Missouri.

CO N D O M IN IU M PLAT: MAJES TIC AT TABLE ROCK CONDOMINIUM PHASE 1
ni.JILDINCi 1, dated as of the 22"d of August, 2007, recorded at Slide
I, Page 608, as amended by that certain MAJESTIC AT TABLE
ROCK CONDOMINIUM PHASE 2 BUILDING 2, dated as of the 5,h
of May, 2008, recorded at Slide J, Page 126.

W h e n recorded, return to: Russell W. Cook, Esq.
Carnahan, Evans, Cantwell & Brown, P.C.
3 0 2 7 W. H i g h w a y 76, Suite B
Branson, M O 6 5 6 1 6

2008L27518
 SPEC IA L A M E N D M E N T TO
D E C L A R A T IO N OF T H E M A JEST IC A T T A B L E R O C K C O N D O M IN IU M

This SPECIAL AMENDMENT TO DECLARATION OF THE MAJESTIC AT TABLE
ROCK CONDOMINIUM (the “Amendment”) is made by THE MAJESTIC AT TABLE ROCK,
L.L.C., a Missouri limited liability company (the “Declarant’'1), whose principal place of business
is located at 245 S. Wildwood, Branson, Missouri 65616.

W IT N E S S E T H :

WHEREAS, pursuant to that certain DECLARATION OF THE MAJESTIC AT TABLE
ROCK CONDOMINIUM, recorded at Book 2007 Page 44822, as amended (the “'Declaration'’)
and the Plat thereof, THE MAJESTIC AT TABLE ROCK CONDOMINIUM was formed (the
“Condominium”): and

WHEREAS, the Condominium is subject to that certain DECLARATION OF
RESTRICTIONS, COVENANTS AND CONDITIONS OF MAJESTIC SHORES; and

WHEREAS, certain real property was added to the Condominium according to that
certain First Amendment to Declaration of the Majestic at Table Rock Condominium, recorded at
Book 2008 Page 19193; and

NOW THEREFORE, Declarant docs hereby exercise its right to amend the Declaration
as described in Articlc VIII, Section 5, and other sections of the Declaration, as follows:

1. Incorporation and Defined Terms. This Amendment hereby incorporates all of the
terms and conditions from the Declaration to the extent that they are not amended, modified, or
superseded by this Amendment. Capitalized terms in this Amendment shall have the meanings
ascribed to those terms in the Declaration unless otherwise defined herein or the context herein
otherwise dictates,

2. Amendment to Definitions. Article II, Sections 40, 41, and 42 are hereby deleted
in their entirety.

3. Amendment to Articlc X. Section 2 of Article X is hereby deleted in its entirety.

4. E ffect o f A m endm ent, Except as expressly m odified herein, the rem aining term s,
provisions and conditions o f the D eclaration shall rem ain in full force and effect.

2008L27518
 IN WITNESS WHEREOF, the undersigned, being the Declarant herein, has executed this
Amendment as of the day and year first above written.

THE MAJESTIC AT TABLE ROCK, L.L.C.,
a Missouri limited liability company

Dan Ruda, Manager

STATE OF MISSOURI )
) ss.
COUNTY OF TANEY )

On this / I day of June, 2008, before me personally appeared Daniel C. Ruda, to me personally
known, who being duly sworn, did say that he is the Manager o f THE MAJESTIC AT TABLE ROCK,
L.L.C., a Missouri limited liability company and that the said company by authority o f its Manager and
acknowledged said instrument to be the free act and deed of said company.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and
year last above written.

~i~*a ^
Notary
J Public

;s:
My commission expires

ALICIA
AL|CIA L.
L ROBIt
ROBINSON
9534-W 106570 Taney County
y Commission Expires
„ July S8, 2009
Com mlaal on n B741e

END OF D O C U M EN T

2008L27518
 BOOK PAGE
2008L29155
06/20/2008 10:26:02AM
REG FEE:30.00
NON-STD FEE:
yU a rk. R u A pl ,
SEAL B PAGES: 3
r. * .-w REAL ESTATE DOCUMENT
TANEY COUNTY, MISSOURI
S. U>r!<Ltjj&cA$k) RECORDERS CERTIFICATION
^ n x n ^ n , /K o .
ROBERT A. DIXON

(Space a b o v e reserved for R e c order o f D e e d s certification)

DOCUMENT TITLE: CORRECTIVE
SPECIAL AMENDMENT TO DECLARATION OF
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

DATE: As o f the ^ 5 ^ d a y of June, 2008

DECLARANT: THE MAJESTIC AT TABLE ROCK, L.L.C.,
a Missouri limited liability company
245 S. Wildwood, Branson, MO 65616

DECLARATION: DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINILTM, dated as o f the 13th day of August, 2007, recorded
at Book 2007 Page 44822 in the office o f the Recorder o f Deeds for
Taney County, Missouri, as amended by that FIRST AMENDMENT
TO DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM, dated as o f the 5th day o f May, 2008, recorded at
Book 2008 Page 19193 in the office o f the Recorder o f Deeds for
Taney County, Missouri,

C O N D O M IN IU M PLA T: MAJESTIC AT TABLE ROCK. CONDOMINIUM PHASE 1
BUILDING 1, dated as o f the 22nd o f AugusL, 2007, recorded at Slide
I, Page 608, as amended by that certain MAJESTIC AT TABLE
ROCK CONDOMINIUM PHASE 2 BUILDING 2, dated as o f the 5lh
of May, 2008, recorded at Slide J, Page 126.

CORRECTING THE SPECIAL AMENDMENT TO DECLARATION OF THE MAJESTIC AT
TABLE ROCK CONDOMINIUM RECORDED A T BOOK 2006 PAGE 27518.

W h e n recorded, return to: Russell W. Cook, Esq.
Carnahan, Evans, Cantwell & Brown, P.C.
3027 W Highway 76, Suite B
Branson, MO 65616

2008L29155
 CORRECTIVE
SPECIAL AMENDMENT TO
DECLARATION OF THE MAJESTIC AT TABLE ROCK CONDOMINIUM

This SPECIAL AMENDMENT TO DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM (the “Amendment”) is made by THE MAJESTIC AT TABLE ROCK, L.L.C., a
Missouri limited liability company (the “Declarant”), whose principal place o f business is located at 245
S. Wildwood, Branson, Missouri 65616.

WITNESSETH:

WHEREAS, pursuant to that certain DECLARATION OF THE MAJESTIC AT TABLE ROCK
CONDOMINIUM, recorded at Book 2007 Page 44822, its amended (Lhe “Declaration") and the Plat
thereof, THE MAJESTIC AT TABLE ROCK CONDOMINIUM was formed (the “Condominium”): and
the Condominium is subject to that certain DECLARATION OF RESTRICTIONS. COVENANTS AN D
CONDITIONS OF MAJESTIC SI IORES; and

WHEREAS, on the 17th day o f June, 2008. a Special Amendment to the Declaration o f the
Majestic at Table Rock Condominium was filed at Book 2008 Page 27518 in the Office o f the Recorder
of Deeds for Taney County', Missouri (the “Corrected Document” ): and

WHEREAS, after the Corrected Document was recorded, it was discovered that lhe scrivener
made a typographical error; and

WHEREAS, the Declarant would like to correct the error and confirm the correct terms and
conditions as set forth herein.

NOW THEREFORE, the Declarant does hereby exercise its right to amend the Declaration as
described in Article VIII, Section 5, and other sections of the Declaration, as follows:

1. Incorporation and Defined Terms. This Amendment hereby incorporates all o f the term s
and conditions from the Declaration to the extent that, they are not amended, modified, or superseded by
this Amendment. Capitalized terms in this Amendment shall have the meanings ascribed to those terms in
the Declaration unless Otherwise defined herein or the context herein otherwise dictates.

2. Amendment to Definitions. In the corrected document, Article 1 was inadvertently
referred to as Article II and thereby the Corrected Document deleted Sections 40, 41, and 42 o f Article M.
However, Article II, Sections 40, 41, and 42 do not exist. The following is the corrected and originally
intended amendment to the Definitions o f the Declaration:

“Article 1, Sections, 40, 4 1, and 42 are hereby deleted in Iheir entirety.”

3. Confirmation of Amendment to Article X. The Declarant hereby acknowledges and
confirms that Section 2 o f Article X was deleted in its entirety pursuant to the Corrected Document and
reaffirms that said Section was and should be deleted in its entirety.

4. Effect o f Amendment. Except as expressly modified herein, the remaining terms,
provisions and conditions o flh e Declaration shall remain in full force and effect.

2008L29155
 IN WITNESS WHEREOF, the undersigned, being the Declarant herein, has executed this.
Amendment as o f the day and year first above written.

THE MAJESTIC AT TABLE ROCK, L.L.C,
a Missouri limited liability company

Daniel C Ruda, Manager

STATE OF MISSOURI )
)ss.
COU N TY OF TAN BY )

On thisO(<J day o f June, 2008, before me personally appeared Daniel C. Ruda, to me personally
known, who being duly sworn, did say that he is the Manager o f TIIR MAJESTIC AT TABLE ROCK,
L.L.C., a Missouri limited liability company and that the said company by authority o f its Manager and
acknowledged said instrument to be (lie free act and deed o f said company.

IN WITNESS WHEREOF, 1 have hereunto set my hand and affixed nw-official seal the day and
year last above written.

Notary Public

My commission expires:

ALICIA L. ROBINSOM
9534-006/ 16X903 Taney County
NO?Uw" My Commission Expires
July 20, 2009
Commission # 06741640

END OF DOCUMENT
2008L29155
 BOOK PAGE
2014L25340
05/28/2014 11:07:25AM
REC FEE:51.00
NON-STD FEE:
PAGES: 10
REAL ESTATE DOCUMENT
TANEY COUNTY, MISSOURI
RECORDERS CERTIFICATION
TRI-LAKES
ROBERT A. DIXON

SPECIAL AMENDMENT
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

This Special Amendment to the Declaration of The Majestic at Table Rock
Condominium (the “Amendment”) is made this day of _____ , 2014, by TH E
M A JE ST IC A T T A B L E R O C K , L .L .C ., a Missouri limited liability company (the
“Declarant”, index as Grantor) and T H E M A JE S T IC A T T A B L E R O C K A S S O C IA T IO N ,
IN C ., a non-profit Missouri corporation (the “Association, index as Grantor).

W IT N E S S E T H :.............................................................................................. .................................................

W H E R E A S, Declarant has previously created T H E M A JE S T IC A T T A B L E R O C K
C O N D O M IN IU M , (Index as Grantee) as per the Original Phase 1 Plat recorded in Plat
Book/Slide I, pages 608-611, pursuant to that certain Declaration of Condominium as recorded
in Book 2007, page 44822; as corrected in Book 2008, page 27518, and re-corrected in Book
2009, page 29155; and which condominium was expanded as per the Phase 2 plat thereof
recorded in Plat Book/Slide J, pages 126-129, pursuant to the First Amendment recorded in Book
2008, page 19193; and which condominium was further expanded as per the Phase 4 Plat
recorded in Plat Book/Slide J, pages 209-211, pursuant to the Second Amendment recorded in
Book 2008, page 35573.

W H E R E A S, all the units in Phase I and Phase II were destroyed by fire and have been
totally reconstructed as per Amended Plat filed simultaneously herewith and made a part hereof
(“Reconstructed Property”).

N O W , T H E R E F O R E , Declarant, with the full approval of all the unit owners, as evidenced by
the execution hereof by the Association, does hereby exercise its Declarant Right to Amend the
Plat and Declaration as follows:

1. Incorporation and Defined Terms. This Amendment hereby incorporates all of the
terms and conditions from the Declaration to the extent that they are not amended,
modified, or superseded by this Amendment. Capitalized terms in this Amendment
shall have the meanings ascribed to those terms in the Declaration unless otherwise
defined herein or the context herein otherwise dictates.

2014L25340
 Reconstruction of Property. The Declarant and Association hereby submit the
reconstructed property to the condominium form of ownership.

3. Amendment to Exhibit “A”. Exhibit A of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “A” attached hereto.

4. Amendment to Exhibit “B”. Exhibit B of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “B” attached hereto.

5. Amendment to Exhibit “C”. Exhibit C of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “C” attached hereto.

6. References in Declaration. All references in the Declaration shall include the
Reconstructed Property as if it had been included in the original Declaration. Any
future reference in any document to Exhibit A shall be deemed to include the
Reconstructed Property.

7. Legal Description: Any conveyance, mortgage or other document may convey the
reconstructed units, using either the original Legal Description as created by the
Declaration or may use the following Legal Description:

U nit___ , Building 1, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE 1, as per the recorded plat thereof,-Plat'Book/Slide I, pages 608-611, as •
reconstructed per the recorded plat thereof, Plat Book/Slide \c , pages^M -ffi and
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as amended.

Unit___ , Building 2, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE 1, as per the recorded plat thereof, Plat Book/Slide J, pages 126-129, as
reconstructed per the recorded plat thereof, Plat Book/Slide tC , p a g e s ^ f^ v , and
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as amended.

U nit___ , Building 4, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE 1, as per the recorded plat thereof, Plat Book/Slide J, pages 209-211, and
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as amended.

8. Effect of Amendment. Except as expressly modified herein, the remaining terms,
provisions and conditions of the Declaration shall remain in full force and effect

2014L25340
IN WITNESS WHEREOF, the Declarant and Association have executed this Amendment the
day and year first above written.

THE MAJESTIC AT TABLE ROCK, L.L.C.

By: /!# —
Manager
Mark R!uda, Vh

THE MAJESTIC AT TABLE ROCK CONDOMINIUM
ASSOCIATION, INC.

Daniel C. Ruda, President

ACKNOWLEDGMENT
(L.L.C. Individual)

STATE OF MISSOURI ) .....................................................................................................
) ss.
County of Taney )

On this ay of May, A.D. 2014, before me personally appeared Mark Ruda, to me
personally known, who being duly sworn, did say that he is the Manager of THE MAJESTIC
AT TABLE ROCK, L.L.C.; that the Company has no seal; and that the said instrument was
signed and sealed in behalf of said Company by authority of its Members and the said Mark
Ruda acknowledged said instrument to be the free act and deed of said Company.

IN TESTIMONY WHEREOF, 1 have hereunto set my hand and affixed my official
seal, at my office in said county and state, the day and year first above written.

Notary Public County of
My Commission expires:

KAREN € VEJRAtKA
Notary Public - Notary S«al
STATE O f MISSOURI
Tan*y County
11396476
Mv CommiMioh Expires April 8, -2015

2014L25340
 ACKNOWLEDGMENT
(C orporation)

STATE OF MISSOURI )
) ss.
County of Taney )

On this ^ day of May, A.D. 2014, before me personally appeared Daniel C. Ruda, to
me personally known, who being duly sworn, did say that he is the President of THE
MAJESTIC AT TABLE ROCK CONDOMINIUM ASSOCIATION, INC.; that the
corporation has no seal; and that the said instrument was signed and sealed in behalf of said
corporation by authority of its Board of Directors and the said Daniel C. Ruda acknowledged
said instrument to be the free act and deed of said corporation.

IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official
seal, at my office in said county and state, the day and-year first above written.

P lac e N o ta ry S eal in th e b o x - d o n o t sig n over te x t

■ \\wm i„„ •• • Notary Public County of
My Commission expires
Cr 1 C\ ^
| Commission # 09505520=
3: Stone County ^

:'°n expires

2014L25340
 AMENDED EXHIBIT “A”
(The Majestic at Table Rock Condominium)

Phase 1, Building 1:

A tract of land situated in the NW1A of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NW1A of the SW1A; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1/4 of the SW1A 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 100.04
feet; thence North 88° 30' 02" West 107.94 feet for a POINT OF BEGINNING; thence
South 01° 34' 32" West 64.42 feet; thence North 88° 25' 28" West 296.00 feet; thence
North 01° 34' 32" East 43.83 feet; thence South 88° 25' 28" East 13.91 feet; thence
North 01° 34' 32" East 16.17 feet; thence South 88° 25' 28" East 13.19 feet; thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 5.‘00 feet; thence South 88° 25' 28" East'25.50 feet; thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34' 32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34' 32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34' 32" East 1.00 feet; thence South 88° 25' 28" East 12.31 feet; thence
North 01° 34' 32" East 4.42 feet; thence South 88° 25' 28" East 27.08 feet, to the point
of beginning; containing 18,015.00 square feet of land, more or less.

Phase 2, Building 2:

A tract of land situated in the NWV4 of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NWV4 of the SW1A; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1/4 of the SW1A 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 104.21
feet; thence North 88° 32' 23" W est 107.94 feet for a POINT O F RFGTNNING (said point
being the Northwest corner of Phase 1, Building 1); thence North 88° 25' 28" West 0198

2014L25340
feet; South 0° 34' 02" West 16.17 feet; thence North 88° 25' 28" West 13.91 feet;
thence South 01° 34' 32" West 43.83 feet; thence North 88° 10' 36" West 302.30 feet;
thence North 01°19' 59" East 52.42 feet; thence South 88° 40' 01" East 15.03 feet;
thence South 01°19' 59" West 4.42 feet; thence South 88° 40' 01" East 12.31 feet;
thence South 01° 19' 59" West 1.00 feet; thence South 88° 40' 01" East 6.00 feet;
thence North 01°19' 59" West 5.00 feet; thence South 88° 40' 01" East 12.69 feet;
thence South 01°19' 59" West 4.00 feet; thence South 88° 40' 01" East 13.31 feet;
thence South 01° 19' 59" West 1.00 feet; thence South 88° 40' 01" East 6.00 feet;
thence North 01° 19' 59" East 5.09 feet; thence South 88° 40' 01" East 25.64 feet;
thence South 01° 19' 59" West 5.09 feet; thence South 88° 40' 01" East 5.86 feet;
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet;
thence South 01° 19' 59" West 1.00 feet; thence South 88° 40' 01" East 5.78 feet;
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.72 feet;
thence South 01° 19' 59" West 5.00 feet; thence South 88° 40' 01" East 6.00 feet;
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet;
thence South 01° 19' 49" West 1.00 feet; thence South 88° 40' 01" East 6.00 feet;
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.63 feet;
thence South 01° 19' 59" West 5.00 feet; thence South 88° 40' 01" East 5.87 feet;
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet;
thence South 01° 19' 59" West 1.00 feet; thence South 88° 40' 01" East 5.72 feet;
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.78 feet;
thence South 01° 19' 59" West 5.00 feet; thence South 88° 40' 01" East-6.00 feet;
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 12.90 feet;
thence North 01° 19' 59" East 4.42 feet; thence South 88° 25' 28" East 15.73 feet;
thence South 01° 34' 32" West 5.00 feet to the point of beginning; containing
18.712.00 square feet of land, more or less.

Phase 4, Building 4:

A tract of land situated in the NWV4 of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NW1A of the SW1A; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1A of the SWV4 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 309.82
feet (deed = 309.87 feet) to U.S.C.E. Monument 236-1; thence South 46° 34' 34" West
(deed = South 46° 31' 32" West) along GFTL 114.96 feet; thence North 88° 27' 24"
West 68.39 feet to the POINT OF BEGINNING; thence South 01° 32' 36" West 44.28
feet; thence South 46° 34' 34" West 19.56 feet; thence North 88° 27' 24" West 190.25
feet; thence North 01° 32' 12" East 58.11 feet; thence South 88° 27' 24" East 102.18
feet; thence South 01° 32' 36" West 4.01 feet; thence South 88° 27' 24" East 13.36
feet; thence North 01° 32' 36" East 4.01 feet; thence South 88° 27' 24" East 88.55 feet
to the point of beginning; containing 11,710.00 square feet of land, more or less.

2014L25340
 EXHIBIT “B”
(The Majestic at Table Rock Lake)
Future Development Lands

A tract of land situated in the NW1A of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at the
Northeast corner of said NW1A of the SW1/4; thence South 01° 26' 05" West along the
East line thereof 517.90 feet for a POINT OF BEGINNING; thence continue South 01°
26' 05" West along said East line 309.87 feet to a point on the GFTL; thence South 46°
3 1 ' 42 " West along said GFTL, 232.51 feet; thence North 88 ° 05' 20" West along said
GFTL 823.36 feet; thence North 01° 20' 12" East along said GFTL 477.28 feet; thence
South 87° 58' 44" East 988.87 feet to the point of beginning; containing 10.50 acres of
land, more or less.

TOGETHER WITH a 50.00 foot wide road easement described as being a strip of land
50.00 feet wide and 517.90 feet long lying parallel, adjacent to and on the West side of
the East line of said NW1A of the SW1A from the North line of the above described tract
to the North line of said NW1A of the SW1/4 .

ALSO, ALL of the SW1/4 of the NE1A of Section 10, Township 22 North, Range 22 West
lying'WEST of Missouri State Highway No. 265) as now located. '

LESS AND EXCEPT from the above described lands, those portions which have been
platted as The Majestic at Table Rock Lake Condominium, as moreparticularly
described in Exhibit "A".

2014L25340
 EXHIBIT “C”
(The Majestic at Table Rock Lake)
Allocated Interests

Building 1
Unit Sq. Ft. %Interest
101 1968 1.51%
102 1403 1.08%
103 1403 1.08%
104 1403 1.08%
105 1403 1.08%
106 1403 1.08%
107 1403 1.08%
'108 . - ’ iilS B o ll jfjl.51%
201...... 1692.. 1.30%
202 1403 1.08%
203 1403 1.08%
204 1403 1.08%
205 1403 • 1.08%
206 1403 1.08%
207 1403 1.08%
208 1692 1.30%
301 1692 1.30%
302 1403 1.08%
303 1403 1.08%
304 1403 1.08%
305 1403 1.08%
306 1403 1.08%
307 1403 1.08%
308 1692 1.30%
401 2006 1.54%
402 1717 1.32%
403 1717 1.32%
404 1717 1.32%
405 1717 1.32%
406 1717 1.32%
407 1717 1.32%
408 2006 1.54%

2014L25340
Building 2
Unit SqFt %Interest
109 1.08%
110 .. 1403 1.08%
Ill 1403 1.08%
112 1403 1.08%
113 1403 1.08%
114 1403 1.08%
115 1403 1.08%
116 1403 1.08%
117 1968 1.51%
209 1692 1.30%
210 1403 1.08%
211 1403 1.08%
212 1403 1.08%
213 1403 1.08%
214 1403 1.08%
215 1403 1.08%
216 1403 1.08%
217 1692 1.30%
309 1692 1.30%
310 1403 1.08%
311 1403 1.08%
312 1403 1.08%
313 1403 1.08%
314 1403 1.08%
315 1403 1.08%
316 1403 1.08%
317 1692 1.30%
409 2006 1.54%
410 1717 1.32%
411 1717 1.32%
412 1717 1.32%
413 1717 1.32%
414 1717 1.32%
415 1717 1.32%
416 1717 1.32%
417 2006 1.54%

2014L25340
Building 4
Unit Sq Ft %Interest

126 1070 0.82%
127 1070 0.82%
128 1351 1.04%
129 1350 1.04%
130 1070 0.82%
131 1070 0.82%
132 1070 0.82%
226 1070 0.82%
227 1070 0.82%
228 1351 1.04%
229 1351 1.04%
230 1070 0.82%
231 1070 0.82%
232 1070 0.82%
326 1070 0.82%
327 1070 0.82%
328 1351 1.04%
329 1351 1.04%
330 1070 0.82%
331 1070 0.82%
332 1070 0.82%

Totals 130060 100.00%

2014L25340
 * 2 0 1 4 L 2 6 7 2 2

BOOK PAGE
2014L26722
06/03/2014 03:41:09PM
REC FEE:54.00
NON-STD FEE:
PAGES: 11
REAL ESTATE DOCUMENT
TANEY COUNTY, MISSOURI
RECORDERS CERTIFICATION

TRI-LAKES ROBERT A. DIXON

(Space above reserved for Recorder o f Deeds Certification)

Title of Document: Special Amendment - Corrected

Date of Document: May 12, 2014

Grantor(s): The Majestic at Table Rock, LLC
The Majestic at Table Rock Association, Inc.

Grantee(s): The Majestic at Table Rock Condominium

Mailing Address(es): 245 S. Wildwood Drive, Branson, MO 65616

Legal Description: The Majestic at Table Rock Condominium

Reference Book and Page(s): This instrument is being refiled to correct PHASE references from
Roman Numerals to Numbers and to correct improper references in Paragraph 7, which
used the same phase for each legal description.
<301^ L 3 5 3 -4 0

( I f th e re is n o t su ffic ie n t sp a c e on th is p a g e for th e in fo rm a tio n r e < ^ u i r ^ |t a t e th e p a g e re fe re n c e w h e re it is c o n ta in e d w ith in th e d o c u m e n t.)
 - BOOK PAGE
2014L25340
• ■ 05/28/2014 11:07:25AM
REC FEE:51.00
NON-STD FEE:
PAGES: 10
REAL ESTATE DOCUMENT
TANEY COUNTY, MISSOURI
RECORDERS CERTIFICATION
TRI-LAKES
ROBERT A. DIXON

SPECIAL AMENDMENT
THE MAJESTIC AT TABLE ROCK CONDOMINIUM

This Special Amendment to the Declaration of The Majestic at Table Rock
Condominium (the “Amendment”) is made this day of _____ , 2014, by T H E
M A JE S T IC A T T A B L E R O C K , L .L .C ., a Missouri limited liability company (the
“Declarant”, index as Grantor) and T H E M A JE S T IC A T T A B L E R O C K A S S O C IA T IO N ,
IN C ., a non-profit Missouri corporation (the “Association, index as Grantor).

W IT N E S S E T H :...........................................................................................................................................................

W H E R E A S , Declarant has previously created T H E M A JE S T IC A T T A B L E R O C K
C O N D O M IN IU M , (Index as Grantee) as per the Original Phase 1 Plat recorded in Plat
Book/Slide I, pages 608-611, pursuant to that certain Declaration of Condominium as recorded
in Book 2007, page 44822; as corrected in Book 2008, page 27518, and re-corrected in Book
2009, page 29155; and which condominium was expanded as per the Phase 2 plat thereof
recorded in Plat Book/Slide J, pages 126-129, pursuant to the First Amendment recorded in Book
2008, page 19193; and which condominium was further expanded as per the Phase 4 Plat
recorded in Plat Book/Slide J, pages 209-211, pursuant to the Second Amendment recorded in
Book 2008, page 35573.
1 2-
W H E R E A S , all the units in Phase /a n d Phase ^ w e re destroyed by fire and have been
totally reconstructed as per Amended Plat filed simultaneously herewith and made a part hereof
(“Reconstructed Property”).

N O W , T H E R E F O R E , Declarant, with the full approval of all the unit owners, as evidenced by
the execution hereof by the Association, does hereby exercise its Declarant Right to Amend the
Plat and Declaration as follows:

1. Incorporation and Defined Terms. This Amendment hereby incorporates all of the
terms and conditions from the Declaration to the extent that they are not amended,
modified, or superseded by this Amendment. Capitalized terms in this Amendment :--
shall have the meanings ascribed to those terms in the Declaration unless otherwise
defined herein or the context herein otherwise dictates.

2014L26722
2. Reconstruction of Property. The Declarant and Association hereby submit the
reconstructed property to the condominium form of ownership.

3. Amendment to Exhibit “A”. Exhibit A of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “A” attached hereto.

4. Amendment to Exhibit “B”. Exhibit B of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “B” attached hereto.

5. Amendment to Exhibit “C”. Exhibit C of the Declaration is hereby deleted in its
entirety and replaced by Amended Exhibit “C” attached hereto.

6. References in Declaration. All references in the Declaration shall include the
Reconstructed Property as if it had been included in the original Declaration. Any
future reference in any document to Exhibit A shall be deemed to include the
Reconstructed Property.

7. Legal Description: Any conveyance, mortgage or other document may convey the
reconstructed units, using either the original Legal Description as created by the
Declaration or may use the following Legal Description:

U nit____, Building 1, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE 1, as per the recorded plat thereof,-Plat Book/Slide I, pages 608-611, as •
reconstructed per the recorded plat thereof, Plat Book/Slide Y. , p a g e s a n d
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as amended

Unit _ ding 2, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE :r the recorded plat thereof, Plat Book/Slide J, pages 126-129, as
reconstructed per the recorded plat thereof, Plat Book/Slide 1C , p a g e s ^ ^ _ > and
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as am en^°^

Unit _ ing 4, THE MAJESTIC AT TABLE ROCK CONDOMINIUM
PHASE the recorded plat thereof, Plat Book/Slide J, pages 209-211, and
according to the Declaration of Condominium as recorded in Book 2007, page 44822,
as amended.

8. Effect of Amendment. Except as expressly modified herein, the remaining terms,
provisions and conditions of the Declaration shall remain in full force and effect

2014L26722
IN W IT N E S S W H E R E O F , the Declarant and Association have executed this Amendment the
day and year first above written.

T H E M A JE S T IC A T T A B L E R O C K , L .L .C .

By:
Mark uda, Manager

T H E M A JE S T IC A T T A B L E R O C K C O N D O M IN IU M
A S S O C IA T IO N , IN C .

Daniel C. Ruda, President

ACKNOW LEDGM ENT
(L.L.C. Individual)

STATE OF MISSOURI ) ....................................................................................................
) ss.
County of Taney )

On this j ^ ^ day of May, A.D. 2014, before me personally appeared Mark Ruda, to me
personally known, who being duly sworn, did say that he is the Manager of T H E M A JE S T IC
A T T A B L E R O C K , L .L .C .; that the Company has no seal; and that the said instrument was
signed and sealed in behalf of said Company by authority of its Members and the said Mark
Ruda acknowledged said instrument to be the free act and deed of said Company.

IN TESTIMONY W HEREOF, I have hereunto set my hand and affixed my official
seal, at my office in said county and state, the day and year first above written.

Notary Public County of
My Commission expires: s-j~

KAREN EVEJRASkA
Notary. Public"- Notary-Seal
st ;a t e o f M is s o u r i
Taney County
11396476
My Commissioh Expires April 8 ,r2015

2014L26722
 ACKNOWLEDGMENT
(C orporation)

STATE OF MISSOURI )
) ss.
County of Taney )

On this day of May, A.D. 2014, before me personally appeared Daniel C. Ruda, to
me personally known, who being duly sworn, did say that he is the President of THE
M AJESTIC AT TABLE ROCK CONDOMINIUM ASSOCIATION, INC.; that the
corporation has no seal; and that the said instrument was signed and sealed in behalf of said
corporation by authority of its Board of Directors and the said Daniel C. Ruda acknowledged
said instrument to be the free act and deed of said corporation.

IN TESTIMONY W HEREOF, I have hereunto set my hand and affixed my official
seal, at my office in said county and state, the day and-y®a.r first above written.

P lac e N o ta ry S eal in (h e b o x - d o n o t s ig n o v er text

Notary Public County of
My Commission expires

= Commission # 09505520=
5 Stone C ounty =

h% „ °F
f-. ''///u n i"
'°n Expires

2014L26722
 AMENDED EXHIBIT “A”
(The Majestic at Table Rock Condominium)

Phase 1, Building 1:

A tract of land situated in the NW1A of the SW1/4 of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NW1A of the SW1/4; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1A of the SW1/4 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 100.04
feet; thence North 88° 30' 02" West 107.94 feet for a POINT OF BEGINNING; thence
South 01° 34' 32" West 64.42 feet; thence North 88° 25' 28" West 296.00 feet; thence
North 01° 34'32" East 43.83 feet; thence South 88° 25' 28" East 13.91 feet; thence
North 01° 34'32" East 16.17 feet; thence South 88° 25' 28" East 13.19 feet; thence
South 01° 34'32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34'32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34'32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 5."00 feet; thence South 88° 25' 28" East'25.50 feet; thence
South 01° 34'32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34'32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34'32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 1.00 feet; thence South 88° 25' 28" East 26.50 feet; thence
South 01° 34'32" West 1.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 5.00 feet; thence South 88° 25' 28" East 25.50 feet; thence
South 01° 34'32" West 5.00 feet; thence South 88° 25' 28" East 6.00 feet; thence
North 01° 34'32" East 1.00 feet; thence South 88° 25' 28" East 12.31 feet; thence
North 01° 34' 32" East 4.42 feet; thence South 88° 25' 28" East 27.08 feet, to the point
of beginning; containing 18,015.00 square feet of land, more or less.

Phase 2, Building 2:

A tract of land situated in the NW1A of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NW1A of the SW1/4; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1/4 of the SW1/4 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 104.21
feet; thence North 88° 32' 23" W est 107.94 feet for a PO IN T O F BEGINNING (said point
being the Northwest corner of Phase 1, Building 1); thence North 88° 25' 28" West 0198

2014L26722
feet; South 0° 34' 02" West 16.17 feet; thence North 88° 25' 28" West 13.91 feet
thence South 01° 34' 32" West 43.83 feet; thence North 88° 10' 36" West 302.30 feet
thence North01° 19' 59" East 52.42 feet; thence South 88° 40' 01" East 15.03 feet
thence South01° 19' 59" West 4.42 feet; thence South 88° 40' 01" East 12.31 feet
thence South 01° 19' 59" West 1.00 feet; thence South 88° 40' 01" East 6.00 feet
thence North01° 19' 59" West 5.00 feet; thence South 88° 40' 01" East 12.69 feet
thence South01° 19' 59" West 4.00 feet; thence South 88° 40' 01" East 13.31 feet
thence South 01° 19' 59" West 1.00 feet thence South 88° 40' 01" East 6.00 feet
thence North 01° 19' 59" East 5.09 feet; thence South 88° 40' 01" East 25.64 feet
thence South 01° 19' 59" West 5.09 feet thence South 88° 40' 01" East 5.86 feet
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet
thence South 01° 19' 59" West 1.00 feet thence South 88° 40' 01" East 5.78 feet
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.72 feet
thence South 01° 19' 59" West 5.00 feet thence South 88° 40' 01" East 6.00 feet
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet
thence South 01° 19' 49" West 1.00 feet thence South 88° 40' 01" East 6.00 feet
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.63 feet
thence South 01° 19' 59" West 5.00 feet thence South 88° 40' 01" East 5.87 feet
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 26.50 feet
thence South 01° 19' 59" West 1.00 feet thence South 88° 40' 01" East 5.72 feet
thence North 01° 19' 59" East 5.00 feet; thence South 88° 40' 01" East 25.78 feet
thence South 01° 19' 59" West 5.00 feet; thence South 88° 40' 01" East 6.00 feet
thence North 01° 19' 59" East 1.00 feet; thence South 88° 40' 01" East 12.90 feet
thence North 01° 19' 59" East 4.42 feet; thence South 88° 25' 28" East 15.73 feet
thence South 01° 34' 32" West 5.00 feet to the point of beginning; containing
18.712.00 square feet of land, more or less.

Phase 4, Building 4:

A tract of land situated in the NW1A of the SW1A of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at an
existing 5/8" iron pin marking the Northeast corner said NW1A of the SW1A; thence
South 01° 19' 28" West (Deed = South 01° 26' 05" West) along the East line of said
NW1A of the SW1A 518.87 feet (deed = 517.90 feet) to an existing iron pin; thence
South 01° 27' 37" West (deed = South 01° 26' 05" West) along said East line 309.82
feet (deed = 309.87 feet) to U.S.C.E. Monument 236-1; thence South 46° 34' 34" West
(deed = South 46° 31' 32" West) along GFTL 114.96 feet; thence North 88° 27' 24"
West 68.39 feet to the POINT OF BEGINNING; thence South 01° 32' 36" West 44.28
feet; thence South 46° 34' 34" West 19.56 feet; thence North 88° 27' 24" West 190.25
feet; thence North 01° 32' 12" East 58.11 feet; thence South 88° 27' 24" East 102.18
feet; thence South 01° 32' 36" West 4.01 feet; thence South 88° 27' 24" East 13.36
feet; thence North 01° 32' 36" East 4.01 feet; thence South 88° 27' 24" East 88.55 feet
to the point of beginning; containing 11,710.00 square feet of land, more or less.

2014L26722
 EXHIBIT “B”
(The Majestic at Table Rock Lake)
Future Development Lands

A tract of land situated in the NW1A of the SW1/4 of Section 10, Township 22 North,
Range 22 West, being more particularly described as follows: Commencing at the
Northeast corner of said NW1A of the SW1A; thence South 01° 26' 05" West along the
East line thereof 517.90 feet for a POINT OF BEGINNING; thence continue South 01°
26' 05" West along said East line 309.87 feet to a point on the GFTL; thence South 46°
31' 42" West along said GFTL, 232.51 feet; thence North 88° 05' 20" West along said
GFTL 823.36 feet; thence North 01° 20' 12" East along said GFTL 477.28 feet; thence
South 87° 58' 44" East 988.87 feet to the point of beginning; containing 10.50 acres of
land, more or less.

TOGETHER WITH a 50.00 foot wide road easement described as being a strip of land
50.00 feet wide and 517.90 feet long lying parallel, adjacent to and on the West side of
the East line of said NW1A of the SW1A from the North line of the above described tract
to the North line of said NW1A of the SW1A.

ALSO, ALL of the SW1A of the NE1A of Section 10, Township 22 North, Range 22 West
lying WEST of Missouri State Highway No. 265', as now Ideated. "

LESS AND EXCEPT from the above described lands, those portions which have been
platted as The Majestic at Table Rock Lake Condominium, as more particularly
described in Exhibit "A".

2014L26722
 EXHIBIT “C ”
(The Majestic at Table Rock Lake)
Allocated Interests

Building 1
Unit Sq. Ft. %Interest
101 1968 1.51%
102 1403 1.08%
103 1403 1.08%
104 1403 1.08%
105 1403 1.08%
106 1403 1.08%
107 1403 1.08%
E M I il.5 1 %
201 1692 1.30%
202 1403 1.08%
203 1403 1.08%
204 1403 1.08%
205 1403- 1.08%
206 1403 1.08%
207 1403 1.08%
208 1692 1.30%
301 1692 1.30%
302 1403 1.08%
303 1403 1.08%
304 1403 1.08%
305 1403 1.08%
306 1403 1.08%
307 1403 1.08%
308 1692 1.30%
401 2006 1.54%
402 1717 1.32%
403 1717 1.32%
404 1717 1.32%
405 1717 1.32%
406 1717 1.32%
407 1717 1.32%
408 2006 1.54%

2014L26722
Building 2
Unit SqFt %Interest
H i l jl.08%
110 1403 1.08%
111 1403 1.08%
112 1403 1.08%
113 1403 1.08%
114 1403 1.08%
115 1403 1.08%
116 1403 1.08%
117 1968 1.51%
209 1692 1.30%
210 1403 1.08%
211 1403 1.08%
212 1403 1.08%
213 1403 1.08%
214 1403 1.08%
215 1403 1.08%
216 • 1403 1.08%
217 1692 1.30%
309 1692 1.30%
310 1403 1.08%
311 1403 1.08%
312 1403 1.08%
313 1403 1.08%
314 1403 1.08%
315 1403 1.08%
316 1403 1.08%
317 1692 1.30%
409 2006 1.54%
410 1717 1.32%
411 1717 1.32%
412 1717 1.32%
413 1717 1.32%
414 1717 1.32%
415 1717 1.32%
416 1717 1.32%
417 2006 1.54%

2014L26722