Bylaws

Note:

The address to send HOA monthly dues has been updated since the bylaws were last updated. The correct address is:

Georgetowne Village Homeowners’ Association c/o Christine McConnell, CPA: PO Box 167, Shelocta, PA 15774.

Homeowners,

“Across Indiana, Georgetowne Village is known for its beauty.”

Over the years, we have heard statements like that from realty agents, Georgetowne owners, and people driving by. Indeed, such comments may have led you to locate here.

Now we need to take those steps that will keep Georgetowne attractive. The members of the Georgetowne Board have done their part each year. They have tended to the administrative and fiscal details and kept us informed. The mowing, the trimming, the planting and related work are the ways in which he keeps Georgetowne attractive. Our current Board is doing its part in tending to current needs and planning for future necessities. In addition, it’s a pleasure to see that many owners take a quiet pride in the appearance of their property.

Now each owner is asked, once again,to do his/her part to keep Georgetowne attractive. Is your shrubbery trimmed? Are your flowers cared for? Is your property neat and attractive? Will the realty agents continue to admire and-recommend Georgetowne?

Twenty-five years ago, the word was “Georgetowne is known for its beauty.” Thank you for your help with these beauty and attractiveness issues.

– The Georgetowne Board

GEORGETOWNE VILLAGE HOMEOWNERS ASSOCIATION INDIANA, PA

ByLaws & Rules and Regulations

TABLE OF CONTENTS

I. Introductory Statement and
Board Rules and Regulations……………………………………. i v1

II. Association By-Laws ………………………………………………………… 1-16

Revisions Record:

July 2001: Updates to this 1997 document include:

1. Revision of Monthly Assessments Page ii
2. Revision of requirements for awnings Page iv
3. Revision of color requirements for rear decks etc. Page iii
4. Revision of Activities to include motorcycles Page v
5. Revisions to Bylaw Section 4 to permit satellite dishes Page 14

June 2003: Updates include:

1. Revision to insurance clause, Page ii, paragraph 5
2. Revision to exterior maintenance provided regarding soffit & fascia, Page iii, Item C

June 2006: Updates include:

I . Revision of Monthly Assessments Page ii +10%

June 2011: Updates include:

1. Revision of Monthly Assessments Page i
2. Addition: Amendment of Bylaws; Restriction of Rentals. Page 17-18 GEORGETOWNE VILLAGE HOMEOWNERS ASSOCIATION, INDIANA, PA

INTRODUCTORY STATEMENT

As a purchaser in Georgetowne Village, you take title to your individual home and Lot. Your legally described site includes the land under your house and garage to the center line of dividing party wails and a front and rear yard, or driveway area in units with basement garages, and a side yard on the end units.

All other land in the Village, including the park and other green areas, driveways, parking spaces and other Common Areas, are held in joint ownership by all the individual Lot Owners in a “Homeowners’ Association”, which is a non-profit corporation with By Laws, Declarations of Covenants, recorded in Indiana, PA.

Membership is automatic and required for all Owners in the Village. When you take title to your townhouse, you agree to abide by the RULES AND REGULATIONS of the Association. A Board of Directors, elected by the homeowners for a three-year term, is composed of five (5) members who hold regular meetings.

Monthly assessments are levied to provide for the services of the Association. They are fixed at the following rates as of 6/01/21

Two bedroom center units
(Devon Portsmouth) – 175.00

Two bedroom end units
(Building #3,#336, 331) – 195.00

Three bedroom·center units
(Stratford, Chelsea) – 195.00

Three bedroom end units
(York, Cambridge) – 220.00

Duplex Units
(Charleston) – 240.00

Payment of the·monthly assessment is due by the 1st. of each month, payable to
“GEORGETOWNE HOMEOWNERS’ ASSOCIATION”. Checks should be sent to:

Georgetowne Village Homeowners’ Association

C/O Christine McConnell, CPA

PO Box 167

Shelocta, PA 15774

GEORGETOWNE VILLAGE HOMEOWNERS ASSOCIATION BOARD RULES AND REGULATIONS OF GEORGETOWNE VILLAGE

A charge of 20% (twenty-percent) will be charged for late payment. If payments are not made, the Board will impose a lien against the property. The Owner will be responsible for the amount of the assessment in arrears, the 20% (twenty-percent) late charge and all attorneys’ fee incurred.

A l% (one-percent) discount is applicable to payments made 6 (six) months in advance. A 2% (two-percent) discount is given for payments made 12 (twelve) months in advance.

A 3 (three) month permanent advance of the Association assessment was collected from the original buyers, at settlement, together with the first month’s payment. This was required for payment of fire insurance premiums. This advance is non-refundable.

Owners are responsible for their own realty taxes, utilities, and utility lines from main line into homes. These include electric, gas, water, sewer,. telephone, and TV cable service. All homes are pre-wired for phones and TV cable, but Owners must make their own arrangements for these services to be connected.

Owners are responsible to carry homeowners insurance for the contents of their property. The Georgetowne Village Homeowners Association is not responsible for any damage to the interior of a unit nor will it carry insurance to repair damage to the interior of a unit from the inside walls inward. Homeowners are instructed to carry such coverage, as their insurance company will permit, to insure against damage to the interior of a unit, including but not limited to window breakage due to the negligence or fault of a homeowner, guest or invitee.

Owners are also responsible for maintenance of the shrubbery in front, sides, and back of their homes. Exterior appearance is the responsibility of the homeowner – including bushes, shutters, doors and porch covering. Note that bush trimming is arranged by the homeowner. Changes to colors, coverings or landscaping need to be approved by the board. Guidelines concerning shrubbery are found in the By-Laws, Article XVTI, Section 12. If Owners do not carry out this responsibility, the Board will do so, and invoice the Owner at cost.

The following services will be performed by the Georgetowne Village Homeowners’ Association Board of Directors with the monthly fees paid by all Owners.

1. Pay for fire and casualty insurance on dwellings. (This does not include content insurance.)

2. Pay for liability and hazard insurance on Common Areas.

3. Pay for liability insurance for the Board of Directors.

4. Pay realty taxes on the Common Areas.

5. Provide and pay for lawn maintenance on front lawns and Common Area. Maintenance of shrubbery around and in back of each home is the responsibility of each Owner.

6. Provide and pay for snow removal on sidewalks, parking lots and Common Areas.

7. Provide and pay for trash removal, currently once a week on Monday please do not put out till the night before. A maximum of three bags.

8. Provide and pay for maintenance of the common driveways, parking areas, sidewalks, and lighting in the Common Areas, except the individual sidewalks leading into each unit from the common walk.

9. Provide replacement bulbs for lights on back of garages only and light poles along sidewalks. If you see a light is out, please send an email to: Contact@GeorgetowneVillageCondos.com

10. Provide exterior maintenance only as follows: (NOTE: This section, #10 A, C, & D was revised and approved by the Owners at a special meeting on January 23, 1995 and again on June 1, 2001. Item B was decided and approved in May 2003.)

A. All painting of the following exposed wood: house trim, decks, wooden garage doors, fence posts and components; restore fence posts and components to like new conditions at the discretion of the Board of Directors. (The repair, replacement and safety of decks are the responsibility of each individual Owner). If any homeowner chooses to have their rear decks, fences, rear of garage facing units or garage man doors a different color than Georgetowne Brown; they can do so. The homeowner will be responsible for the painting and maintenance of that area from that point on.

B. Keep existing gutters and downspouts repaired and clear of debris. Replace areas when and where needed at the discretion of the Board of Directors.

C. Maintain, repair, and/or replace soffit, fascia, and the underlying wood support structure of same, on all buildings.

D. Provide for architectural control and preservation of the environment in the interest of all homeowners. See BY-LAWS, Article XV.

11. Enforce the RULES AND REGULATIONS of the Association and make additions and changes where required. USE RESTRICTIONS on town homes are found in the BY LAWS, Article XVII.

12. Provide or arrange for management of all the foregoing and collection of the monthly Association fees Areas.

13. Pay for any necessary repairs to utility lines running in common areas.

Homeowners have full rights to alter the interior of their homes as they wish, but exterior changes of any kind are under the control of the Board of Directors. Changes are not prohibited, but subject to Board approval. Your request for exterior changes may be presented in person at a Board meeting, (the date and time of Board meeting will be found in the newsletter of the previous month), or emailed to The Board : contact@GorgetowneVillageCondos.com. Your request to the Board will be reviewed for consideration. In answer to specific problems and requests during the first ten and one half (10 1/2) years of Georgetowne, the Board made the following RULES AND REGULATIONS in order to implement the “Use Restrictions”.

Awnings – Patio or Courtyard awnings and their colors must be approved by the Board. Window Awnings are allowed on the rear and side windows only and the Board must approve the color.

Rear Balcony Extensions – Extensions that would require support columns and foundations in the common driveway areas are not permitted.

Garage Doors – Garage doors must be wood or steel. They must match the color (Sherwin-Williams Georgetowne Brown) and style of the present ones, including the height of the windows and having four panels. Garage doors are to remain closed except when cars are entering or leaving.

Grills: Grills may be used on ground floor patios, or outside garage areas as long as they are at least 5 feet from the building or overhang when in use. Our insurance company has reminded us that grills on balconies, decks or wooded areas are a fire hazard.

Parking

1. Parking on Lilac Street should be done on a short-term basis only.

2. Owners with garages should use their garages and not block drives by parking adjacent to or parallel to garage doors.

3. Parking in drive beside Unit #227 and behind Unit #111 is not permitted. Guests visiting people in Building #2 use this as a walkway to front entrances.

4. Homeowners with more than two vehicles should not use guest parking, but should arrange for parking elsewhere.

5. Homeowners in Building #4 are not to park in front of Building #3. This area is reserved for owners in Building #3 and guests.

6. Trucks or commercial vehicles belonging to owners in Buildings #1-3 must park next to #336.

Activities

1. Motorcycles are permitted in Georgetowne, but noise must be kept to a minimum level and the owner must not let the bike sit idling for long periods of time.

2. Bicycle riding and roller-skating on sidewalks and drives are prohibited unless under parental supervision. This is for the protection of the child and automobile driver.

3. Sledding in the park is not permitted. This is also for the protection of the children, the trees and the shrubs.

Pets

1. Only one (small to average) size cat or dog is permitted.

2. Pets must be in the control of the owner at all times, not loose and on their own.

3. Front lawns, park and Common Areas are not to be used as a litter area for pets.

4. Owners are responsible for cleaning up after their pets.

ARTICLE X ASSESSMENTS

Each member is obligated to pay the Association monthly assessments, which are secured by a continuing lien upon the property against which the assessment is made. Any assessments, which are not paid when due, by the 1Oth day of each month, shall be delinquent. If the assessment is not paid within 30 (thirty) days after the due date, a late charge of 20% (twenty-percent) of the monthly assessment will be charged, and the Association may bring an action at law against the Owner personally obligated to pay the same or confess judgment against any such Owner (as provided for thereafter) creating a lien against the property, and inter st, costs, and reasonable attorneys fees of any such action shall be added to the amount of such assessment.

No Owner may waiver or otherwise escape liability for the assessments provided for herein by non-use of the Common Area or abandonment of his Lot.

COVENANT FOR ASSESSMENTS

Section 1. Creation of the Lien and Personal Obligation of Assessments. Each Owner of any Lot by acceptance of a deed thereof, whether or not it shall be so expressed in such deed, covenants and agrees to pay to the Association: (1) monthly assessments or charges, and (2) special assessments for capital improvements, such assessments to be established and collected as hereinafter provided. The monthly and special assessments, together with interest, costs, and reasonable attorneys’ fees, shall be a charge on the land and shall be a continuing lien upon the property against which each such assessment is made. Each such assessment, together with interest, costs, and reasonable attorney’s fees, shall also be the personal obligation of the person who was the Owner of such property at the time when the assessment fell due. The personal obligation for
delinquent assessments shall not pass to his successor in title unless expressly assumed by them. In the event of the default or failure by any Owner to pay any such assessment after having received 30 (thirty) days written notice of such default, then said Owner does hereby authorize any attorney to appear for and to confess judgment against him or them in the amount of such unpaid assessment plus interest, costs and attorneys’ fees. The authorization to confess judgment so granted shall not be exhausted by one or more exercises thereof.

Gates between and at the ends of all buildings should be unlocked and operational at all times. This is necessary so that utilities people, firemen and, if needed, ambulance people can get through.

Selling or Renting Townhouses
If you sell or rent your townhouse, please advise the Board. Also, please make sure your realtor; buyer or renter has a copy of the BY-LAWS and the Board REGULATIONS.

Commercial Activities
See BY-LAWS, Article XVIT, Sections 2 and 3.

Suggestions, Complaints or Requests

1. These may be presented to the Board at a Board meeting in person or presented in writing to a Board member, who will then take it to the Board meeting for consideration.

2. Please do not call Board members at home to discuss your individual problems.

3. If you are the victim of or a witness to any type of vandalism within Georgetowne, please notify the PA State Police and a Board member, so that the Board can notify the rest of the Owners.

ARTICLE I – NAME AND LOCATION. The name ofthe corporation is Georgetowne Village Homeowners’ Association hereinafter referred to as the “Association”. The mailing address of the

Association is Georgetowne Village, c/o Christine McConnell, CPA PO Box 167, Shelocta, PA 15774. Meetings of the members and directors may be held at such places within the Commonwealth of Pennsylvania, County of Indiana, as may be designated by the Board of Directors.

ARTICLE II –

Section 1. “Association” shall mean Georgetowne Homeowners’ Association, its successors and assigns.

Section 2. “Properties” shall mean that certain real property described in the Declaration of Covenants, Conditions and Restrictions, and such additions as may be brought within the jurisdiction of the Association.

Section 3. “Common Area” shall mean all real property owned by the Association for the common use and enjoyment of the Owners.

Section 4. “Lot” shall mean any plot of land shown upon any recorded subdivision map of the Properties with the exception of the Common Area.

Section 5. “Owner” shall mean the record owner, whether one or more persons or entitles, of the fee simple title to any Lot which is part of Properties, including contract
sellers, but excluding those having such interest merely as a security for the performance of an obligation.

Section 6. By-Laws. “Member” shall mean those persons entitled to membership as provided in the BY-LAWS OF GEORGETOWNE VILLAGE HOMEOWNERS’ ASSOCIATION. Effect of Nonpayment of Assessment: Remedies of the Association. Any assessment not paid within 30 (thirty) days after the due date shall pay a penalty of 20% (twenty-percent) ofthe amount of the monthly assessment. The Association may bring an action at law against the Owner personally obligated to pay the same, or may confess judgment against such Owner creating a lien against the property and if necessary execute any such lien. No Owner may waive or otherwise escape liability for the assessments provided for herein by non-use of the Common Areas or abandonment of his Lot.

Section 7. Subordination of the Lien to Mortgage. The lien of the assessments provided for herein shall be subordinate to the lien of any first mortgage. Sale or transfer of any Lot shall not affect the assessment lien. No sale or transfer shall relieve such Lot from liability for any assessments thereafter becoming due or from the lien thereof.

ARTICLE XI NEGLIGENT HOMEOWNERS

Any Owner, including absentee landlords, who does not maintain adequate structural repairs and/or landscaping maintenance in front or back of said property shall be notified by the Board and given a specified time to repair his property. If repair work is not done in the specified time, work will be done through the Board and charged to the Owner. If the charge is not paid, the Board may and shall confess judgment against the Owner responsible for same and create a lien against the property in the amount of the cost of repair work that was performed.

ARTICLE X TI CORPORATE SEAL
The Association shall have a seal in circular form having within its circumference the words: Georgetowne Village of lndiana Homeowners’ Association.

MEETING OF MEMBERS

Section 1. Annual Meetings. Annual meetings are to be held in the first part of May at a date, time and place to be determined by the Board of Directors.

Section 2. Special Meetings. Special meetings of the members may be called at any time by the president or by the Board of Directors, or upon written request of 25% of the members.

Section 3. Notice of Meetings. Written notice of each meeting of the members shall be given by, or at the direction ot: the Secretary or person authorized to call the meeting, notifying the membership at least 30 days before such a meeting to each member entitled to vote there at, addressed to the member’s address last appearing on the books of the Association, or supplied by such member to the Association for the purpose of notice. Such notice shall specify the place, day and hour of the meeting, an agenda, and, in the case of a special meeting, the purpose of the meeting.

Section 4. Determination of Members of Record. The Secretary of the Association shall determine the members entitled to vote at a meeting of members at the close of business on the next day preceding the day on which notice is given. Only members of record on the date so fixed shall be entitled to notice and voting rights.

Section 5. Quorum. The presence at the meeting of members entitled to cast, or of proxies entitled to cast, 1/5 (one-fifth) of the votes of the membership shall constitute a quorum for any action except as otherwise provided in these By-Laws. ff, however, such quorum shall not be present or represented at any meeting, the members entitled to vote thereat shall have power to adjourn the meeting from time to time, without notice other than announcement at the meeting, until quorum as aforesaid shall be present or be represented. Nonetheless, in the case of any meeting called for the election of Directors.those who attend the second of such adjourned meetings, although less than a quorum as fixed in these By Laws, shall constitute a quorum for the purpose of election of Directors.

Section 6. Proxies. At all meetings of members, each member may vote in person or by proxy. All proxies shall be in writing and filed with the Secretary. Every proxy shall be revocable and shall automatically cease upon sale by the member of his lot.

ARTICLE IV BOARD OF DIRECTORS: SELECTION: TERM OF OFFICE

Section 1. Number. The affairs of the Association shall be managed by a Board of five (5) Directors, of whom at least four (4) must be members of the Association.

Section 2. Term of Office. Board members are elected for a three (3) year term, unless they are elected to replace and finish out the term of a resigning Board member. A Director, may serve no more than two (2) consecutive terms, but any person may serve again after an interval of two (2) years. The terms of the Directors shall be staggered with one or more Directors being elected each year.

Section 3. Removal. Any Director may be removed from the Board, with or without cause, by a majority vote of the members of the Association. In the event of death, resignation or removal of a Director, his successor shall be selected by the remaining members of the Board and shall serve of the unexpired term of his predecessor.

Section 4. Compensation. No Director shall receive compensation for any such service he may render to the Association. However, any Director may be reimbursed for his actual expenses incurred in the performance of his duties. ·

Section 5. Action Taken Without a Meeting. The Directors shall have the right to take any action in the absence of a meeting, which they could take at a meeting by obtaining the written or verbal approval of the majority of the Directors. Any action so approved shall have the same effect as though taken at a meeting of the Directors.

Section 6. Alternates. The Board may appoint no more than two (2) alternates from the membership, who shall stand ready to attend meetings of the Directors in the place of any Director or Directors who may be absent. An alternate shall have the same voting powers as the absent Directors during the meeting. It is the responsibility of each Director who will be absent to contact an alternate to take his place.

Section 7. Nominations. A nominating committee of three (3) members shall be appointed by the Board of Directors prior to the annual meeting. This committee will interview prospective candidates to serve as Directors and present the slate of people who have consented to serve in the notice of the annual meeting or at a special meeting convened for elections. Nominations may be made from the floor at the annual meeting, provided the nominee has consented to have his/her name presented.

Section 8. Election. Election to the Board of Directors shall be by secret written ballot. At such elections the members or their proxies may cast, in respect to each vacancy, as many votes as they are entitled to exercise under the provisions of the Declaration. The persons receiving the largest number of votes shall be elected.

ARTICLE V MEETINGS OF DIRECTORS

Section 1. Regular Meetings. Regular meetings of the Board of Directors shall be held monthly without notice, at such place and hour as may be fixed from time to time by resolution of the Board. Should said meeting fall upon a legal holiday, then that meeting shall be held at the same time on the next day which is not a legal holiday.

Section 2. Special Meetings. Special meetings of the Board of Directors shall be held when called by the President of the Association, or by any two (2) Directors, after not less than three (3) days notice to each Director.

Section 3. Quorum. A majority of the Directors shall constitute a quorum for the transaction of business. Every act or decision done or made by a majority of the Directors present at a duly held meeting at which a quorum is present shall be regarded as the act of the Board.

ARTICLE VI POWERS AND DUTIES OF THE BOARD OF DIRECTORS

Section 1. Powers. The Board of Directors shall have the power to:

a) adopt and publish RULES AND REGULATIONS governing the use of thenCommon Area and facilities, and the personal conduct of the members and their guests thereon, andnto establish penalties for the infraction thereof;

b) exercise for the Association all powers, duties and authority vested in or delegated to this Association and not reserved to the membership by other provisions of these By-Laws;

c) declare the office of a member ofthe Board ofDirectors to be vacant in the event such member shall be absent from three (3) consecutive regular meetings of the Board of Directors:and

d ) employ a manager, an independent contractor, or other such other employees as they deem necessary, and to prescribe their duties.

e ) if any person or party is employed, or retained as an independent contractor, to manage or generally maintain the common areas, the Directors shall provide that such person or party shall submit to the Directors an annual financial report, and further provide interim financial reports as the Board may require, setting forth the monies received and disbursed pursuant to such employment.

Section 2.Duties. It shall be the duty of the Board of Directors to:

a) cause to be kept a complete record of all its acts and corporate affairs and to present a statement thereof to the members at the annual meeting of the members, or at any special meeting when such statement is requested in writing by lh (one-fourth) members who are entitled to vote;

b) supervise all officers, agents and employees of this Association, and to see that their duties are properly performed;

c) set the amount of the monthly assessment against each Lot at least 30 (thirty) days in advance of each annual assessment period;

d) send written notice of each assessment to every Owner subject thereto at least 30 (thirty days in advance of each annual assessment period; and

e) send a late charge of20% (twenty-percent) of the monthly assessment on accounts that are not paid within 30 (thirty) days of the due date- the assessments may be paid in advance;

f) confess judgment on behalf of the Association (as provided for thereafter) against any property and the individuals and/or entities responsible therefore for which assessments are not paid within 30 (thirty) days after due date, and/or to bring an action at law against the Owner personally obligated to pay the same;

g) issue, or to cause an appropriate officer to issue, upon demand by any person, a certificate setting forth whether or not any assessment has been paid. A reasonable charge may be made by the Board for the issuance of these certificates. If a certificate states an assessment has been paid, such certificate shall be conclusive evidence of such payment;

h) procure and maintain adequate liability and hazard insurance on property owned by the Association;

i) procure and maintain adequate fire and casualty insurance on dwellings erected on the Lots, such insurance applying only to the structures and not to the contents of the dwelling;

j) cause all officers or employees having fiscal responsibilities to be bonded, as it may deem appropriate;

k) cause the Common Area and such other areas as may be designated by the Board of Directors to be maintained.

ARTICLE VII OFFICERS AND THEIR DUTIES

Section 1. Enumeration of Offices. The election of officers shall take place at the first meeting of the Board of Directors following each annual meeting of the members.

Section 2. Officers. The officers of the Association shall consist of a President, Vice-President, Secretary and Treasurer.

Section 3. Term. The officers of this Association shall be elected annually by the Board of Directors and each shall hold office for (1) one year unless he shall sooner resign, or shall be removed, or otherwise disqualified to serve.

Section 4. Special Appointments. The Board may elect such other officers as the affairs of the Association may require, each of whom shall hold office for such period, have such authority, and perform such duties as the Board may, from time to time, determine.

Section 5. Resignation and Removal. Any officer may be removed from office with or without cause by the Board. Any officer may resign at any time by giving written notice to the Board, the President or the Secretary. Such resignation shall take effect on the date of receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Section 6. Vacancies. A vacancy on the Board or in any office may be filled by appointment by the Board. The Board member or officer appointed to such vacancy shall serve for the remainder of the term of the officer he replaces.

Section 7. Multiple Offices. The offices of the Secretary and Treasurer may be held by the same person. No person shall simultaneously hold more than one of any ofthe other offices except in the case of special offices created pursuant to Section 4 of this Article.

Section 8. Duties. The duties of the officers are as follows:

President

(a) The President shall preside at all meetings of the Board of Directors; shall see that orders and resolutions of the Board are carried out; shall sign all leases, mortgages, deeds and other written instruments and shall co-sign all checks and promissory notes.

Vice-President

(b) The Vice-President shall act in the place and stead of the President in the event of his absence, inability or refusal to act, and shall exercise and discharge such duties as may be required of him by the Board.

Secretary

(c) The Secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board and of the members; keep the corporate seal of the Association and affix it on all papers requiring said seal; serve notice of meetings of the Board and of the members; keep appropriate current records showing the members of the Association together with their addresses; and shall perform such other duties as required by the Board.

Treasurer

(d) The Treasurer or an accountant, appointed by the Board, shall receive and deposit in appropriate bank accounts all monies of the Association and shall disburse such funds as directed by resolution of the Board of Directors; may sign all checks and promissory notes of the Association, keep proper books of account; cause an annual audit of the Association books to be made by a public accountant at the completion of each fiscal year; and shall prepare an annual budget and a statement of income an expenditures to be presented to the membership at its regular meeting, and provide a copy of each to the members.

ARTICLE VIII COMMITTEES

The Board shall appoint a welcoming committee and appoint a nominating committee. The Board of Directors shall appoint other committees as deemed appropriate.

ARTICLE IX BOOKS AND RECORDS

The books, records and papers of the Association shall be kept by the Board officers. They are subject to inspection by any member upon request.

Section 2. Purpose of Assessments. The assessments levied by the Association shall be used exclusively to promote the health, safety and welfare of the residents in the Properties, to provide for the maintenance of Common Areas, preservation, improvement and architectural control of the Properties, Lots and Common Areas, management thereof: to pay fire and extended coverage insurance on the dwelling units, to pay general liability insurance and realty taxes assessed against the Common Areas.

Section 3. Determination of Monthly Assessment.

(a) The monthly assessments may be increased each year by not more than 10% (ten-percent) above the actual assessments of the previous year by a vote of the majority of the Board.

(b) The monthly assessments may be increased by more than 10% (ten percent) only by a vote of (2/3) two-thirds ofthe members who are voting, in person or by proxy, at a meeting duly called for this purpose.

Section 4. Special Assessments for Capital Improvements.

In addition to the monthly assessments authorized above, the Board may levy, in any assessment year, a special assessment applicable to that year only for the purpose of defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Areas, including fixtures and personal property related thereto. The amount of the special assessment shall be set by either the Board or a financial committee appointed by the Board.

Section 5. Administration and Collection of Monthly Assessments. The monthly assessments provided for herein shall commence as to all Lots owned to be occupied on the first day of May 1978, or the first month or part when first owned or occupied. The Board of Directors shall fix the amount of the monthly assessment against each Lot at least 30 (thirty) days in advance of each monthly assessment period. Written notice of the monthly assessment shall be sent to every Owner subject there to. The due dates shall be established by the Board of Directors, which shall also determine the method of collection and penalties. The Association shall upon demand, and for a reasonable charge, furnish a certificate signed by an officer of the Association setting forth whether the assessments on a specified Lot have been paid. A properly executed certificate of the Association as to the status of assessments on a Lot is binding upon the Association as of the date of its issuance.

Section 6. Effect ofNonpayment of Assessment:Remedies of the Association. Any assessment not paid within 30 (thirty) days after the due date shall pay a penalty of 20% (twenty-percent) of the amount of the monthly assessment. The Association may bring an action at law against the Owner personally obligated to pay the same, or may confess judgment against such Owner creating a lien against the property and if necessary execute any such lien. No Owner may waive or otherwise escape liability for the assessments provided for herein by non-use of the Common Areas or abandonment of his Lot.

ARTICLE XI NEGLIGENT HOMEOWNERS

ARTICLE XII CORPORATE SEAL

The Association shall have a seal in circular form having within its circumference the words:

Section 2. Purpose of Assessments. The assessments levied by the Association shall be used exclusively to promote the health, safety and welfare of the residents in the Properties, to provide for the maintenance of Common Areas, preservation, improvement and architectural control of the Properties, Lots and Common Areas, management thereof, to pay fire and extended coverage insurance on the dwelling units, to pay general liability insurance and realty taxes assessed against the Common Areas.

Section 3. Determination of Monthly Assessment.

(a) The monthly assessments may be increased each year by not more than 10% (ten-percent) above the actual assessments of the previous year by a vote of the majority of the Board.

(b) The monthly assessments may be increased by more than 10% (ten percent) only by a vote of(2/3) two-thirds ofthe members who are voting, in person or by proxy, at a meeting duly called for this purpose.

Section 4. Special Assessments for Capital Improvements. In addition to the monthly assessments authorized above, the Board may levy, in any assessment year, a special assessment applicable to that year only for the purpose of defraying, in whole or in part, the cost of any construction, reconstruction, repair or replacement of a capital improvement upon the Common Areas, including fixtures and personal property related thereto. The amount of the special assessment shall be set by either the Board or a financial committee appointed by the Board.

Section 5. Administration and Collection of Monthly Assessments. The monthly assessments provided for herein shall commence as to all Lots owned to be occupied on the flrst day of May 1978, or the first month or part when first owned or occupied. The Board of Directors shall fix the amount of the monthly assessment against each Lot at least 30 (thirty) days in advance of each monthly assessment period. Written notice of the monthly assessment shall be sent to every Owner
subject thereto. The due dates shall be established by the Board of Directors, which shall also determine the method of collection and penalties. The Association shall, upon demand, and for a reasonable charge, furnish a certificate signed by an officer of the Association setting forth whether the assessments on a specifled Lot have been paid. A properly executed certificate of the Association as to the status of assessments on a Lot is binding upon the Association as of the date of its issuance.

ARTICLE XII PROPERTY RIGHTS

Section 1. Owners’ Easements of Enjoyment. Every Owner shall have a right and easement of enjoyment in and to the Common Area which shall be appurtenant to and shall pass with the title to every Lot, subject to the following restrictions:

(a) the right of the Association to dedicate or transfer all or any part of the Common Area to any public agency, authority or utility for such purposes and subject to such conditions as may be agreed to by the members. No such dedication or transfer shall be effective unless an instrument agreeing to such dedication or transfer signed by 2/3
(two-thirds) of the members has been recorded.

(b) The right of the Association to regulate the use of the Common Area, under such written Rules and Regulations as the Association may promulgate, for the mutual benefit of the Owners.

Section 2. Delegation of Use. Any Owner may delegate, in accordance with the By-Laws, his right of enjoyment to the Common Area and Facilities to the members of his family, his tenants or contract purchasers who reside on the property.

ARTICLE XIV MEMBERSHIP AND VOTING RIGHTS

Section 1. Every Owner of a Lot which is subject to assessment shall be a member of then Association. Membership shall be appurtenant to and may not be separated from ownership of any Lot which is subject to assessment.

Section 2. Voting rights and their exercises are subject to the restrictions set forth in the By-Laws of this Association.

ARTICLE XV ARCHITECTURAL CONTROL

Each Owner of a Lot, by acceptance of a deed thereof: whether or not it is so expressed in such deed. covenants and agrees that no structure of any sort shall be erected upon the properties, nor shall any change in materials or colors, or deletions or additions to the exterior of any structure be made until plans and specifications showing the nature and location of the structure, and changes or additions have been submitted to and approved in writing by the Board of Directors of the Association. The Board may appoint an Architectural Control Committee composed of 3 (three) or more individuals-who may or may not be members-for advice. However, the Board, in its sole discretion, shall approve only such structures, changes or alterations as are in harmony with the design of the overall village and in proper relation to surrounding structures and environment. In the event the Board fails to approve or disapprove such design and location within 60 (sixty) days after said plans and specifications have been submitted to it, approval will not be required, and this Article will be deemed to have been fully complied with.

ARTICLE XVI GENERAL PROVISIONS

Section 1. Enforcement. The Association, or any Owner shall have the right to enforce, by any proceeding at law or in equity, all restrictions, conditions, covenants, reservations, liens and charges now or hereafter imposed by the provisions of the By Laws. Failure by the Association or by any Owner to enforce any covenant or restriction herein contained shall in no event be deemed a waiver of the right to do so thereafter.

Section 2. Severability Invalidation of any one of these covenants or restrictions by judgment or court order shall in no way affect any other provisions, which shall remain in full force and effect.

Section 3. Amendment. The covenants and restrictions of these By-Laws shall run with and bind the land. for a term of20 (twenty) years from the date these By-Laws
are recorded, after which time they shall be automatically extended for successive periods of 10 (ten) years. These By-Laws may be amended during the first 20 (twenty) year period by an instrument signed by not less than 75% (seventy-five-percent) of the Lot Owners, and thereafter by an instrument signed by not less than 66% (sixty-six-percent) of the Lot Owners. Any amendment must be recorded.

ARTICLE XVII

USE RESTRICTIONS ON INDIVIDUAL TOWNHOME LOTS

In addition to architectural control as stated in Article XV, each Owner of a Lot, by acceptance of a deed thereof: whether or not it is so expressed in such deed, covenants and agrees to the following use restrictions.

Section 1. No noxious, noisy, or offensive trade or activity shall be carried on upon any Lot or residence, nor shall anything be done therefore which may be or become an annoyance to neighbors.

Section 2. Town homes and individual Lots are for residential use only. Commercial activities of any kind, including professional offices, are expressly prohibited.

Section 3. No sign, billboard or other advertising notice of any character shall be erected or maintained upon any part of any Lot, town home or garage, including for sale or for-rent signs.

Section 4. No external radio or television antennas shall be installed on any lot, or garage of Townhouse. A small satellite dish may be installed anywhere in the back of the Townhouse and if installed in the front, they must be camouflaged in some manner and all wires must be covered.

Section 5. Easements are hereby granted on each and any individual Lot for the maintenance of common utility lines for electric power, gas, sewer, water and storm water drainage.

Section 6. Where a town home has a garage, automobiles will, for the most part, be parked inside such garages. Town homes without garages will have specified parking spaces to be utilized. Other spaces are primarily for guest parking. No junk automobiles, boats, snowmobiles, trailers, campers, motor homes, or similar vehicles shall be
parked in the parking lots or driveways.

Section 7. Normal household pets are permitted, limited to not more than 1 (one) dog or 1 (one) cat. Lot Owners shall keep dogs under restraint and reasonably quiet at all time. The provisions of Article XVII, Section 1 apply for animals allowed to run loose or otherwise become an annoyance to neighbors. Owners are required to clean up after their pets.

Section 8. Lot Owners shall not use window fans or air conditioning units that are visible from walks or drives. Lot owners may not store any trash, lawn/ garden tools, auto tires, appliances, baby carriages, or similar items on front porches, side yards, outside garages or any other places where they can be visible from walks or drives. Garage doors will be kept fully closed except when entering or leaving.

Section 9. Any clothes drying lines utilized shall be sufficiently low and only in private fenced yards so as not to be visible. Clothes, towels or similar items shall not be hung on railings or exterior decks.

Section 10. Town homes, and including both units in the duplex, shall be occupied by one family unit only, not to exceed more 4 (four) persons and not to exceed more than 2 (two) unrelated persons.

Section 11. In the event the Owner of a duplex or individual town home desires to rent such a unit, it is the responsibility of the Owner to notify the Board of the name of the renter.

Section 12. Guidelines for Landscaping of Individual Front Shrub Areas and Decorating of Front Porch Areas and Lawns.

1. Shrubbery is the responsibility of each individual Owner. Owners should make sure they have the shrubs trimmed each year so they do not grow in such a way to cover windows or grow together making the front area looked uncared for. Exterior appearance is the responsibility of the homeowner – including bushes, shutters, doors and porch covering. Note that bush trimming is arranged by the homeowner. Changes to colors, coverings or landscaping need to be approved by The Board.

2. Where there are trees planted next to homes, they should also be kept trimmed so they do not grow out of hand. Trees planted in common Areas are the responsibility of the Association, therefore, decorations are not permitted on trees maintained by the Association.

3. Flowers are very beautiful and Owners should feel free to plant flowers among the shrubs. Artificial flowers are not recommended in front areas. Flowers should be cut down and removed as they die. Flowerpots in the fronts should be simple and not massive.

4. No river rock or rock type decorating should be done in the front areas. Owners can use bark chips, peat moss, and shredded bark..

5. No additional trees or shrubs shall be planted in front areas without first obtaining permission from the Board of Directors.

6. Furniture/ Décor used on front porches should be simple and limited. The back yard areas and decks are for general use of furniture/ décor. In order to keep each building looking coordinated, it is important that we keep it uncluttered. Clarification on decorations: Decorations should be limited to the non-common areas. Seasonal decorations can be placed in patio and porch areas. No decorations, including garden flags should be placed in common areas, including sidewalks, grass areas, mulched areas, bushes and trees. These areas must get keep free of decoration to allow for regular maintenance. A request for an exception may be emailed to: contact@GeeorgetowneVillageCondos.com

7. Grass type carpet on front porch must be for exterior use only and must be approved by The Board when replacing. The grass type carpet must be glued and reach corner to corner of front porch. Typical colors should be a neutral brown, green, black or gray.

8. NO ITEM SHALL BE ALLOWED TO BE ATTACHED TO THE FRONT OR SIDES OF BUILDING WALLS unless permission is obtained from the Board of Directors. (Exception: Attachment of the American Flag {Red, White & Blue Traditional Flag} and Hanging Baskets has been approved.)

9. Exterior Lighting should be consistent with the look of the establishment. Lighting to be clear white bulbs.

ARTICLE XVIII MISCELLANEOUS

The fiscal year of the Association shall begin on the first day of May and on the 30th day of April of every year.

AMENDMENED TO ·BY-LAWS

NOVEMBER 2009
GEORGETOWNE VILLAGE HOMEOWNERS’ASSOCIATION AMENDMENT TO BY-LAWS .
RESTRICTION OF RENTALS
CERTIFICATION OF ADOPTION

The undersigned, David Grossi, Secretary of the Georgetowne Village Homeowners’ Association {the
“Association”), hereby certifies that:

1. He is the duly elected Secretary of the Association.

2. Attached hereto as Exhibit “A”is a true and correct copy of an Amendment to the By-Laws of the Association which was initially adopted by majority vote of the
members present at regular meeting held the 22 day of June 2009.

3. Since the date of initial adoption, the lot owners of the Association have been polled and more than sixty-six (66%) percent have approved adoption of the Amendment as required for final adoption. A copy of the verified signatures of lot owners is attached hereto and marked Exhibit “B”.

4. Upon motion, second and a majority vote of the members present at the regular meeting of the Association held on the 2nd day of November, 2009, the following resolution was adopted: I

“RESOLVED, that whereas the Amendment to the By-Laws of the Georgetowne Village Homeowners’
Association regarding “Restriction of Rentals,” initially adopted by the Board in regular meeting
held June 2009 and whereas the Amendment has been subsequently approved by more than sixty-six
(66%) percent of lot owners; the terms and conditions of said Amendment are hereby effective as of
November 2, 2009.”

5. The vote of the members of the Board of Association, each having been duly elected, voted on the above resolution as follows:

Thaddeus Clements – vote – yes

David Grossi – vote – yes

Bonnie Lingafelter – vote – yes

Kim Shank – vote – yes

Susan Zernick – vote – yes

IN WITNESS WHEREOF, I have set my hand and seal of the Association

this 2nd day of November, 2009.

Georgetowne Village Homeowners’ Association

By David Grossi

COMMONWEALTH OF PENNSYLVANIA
COUNTY OF INDIANA

On this the 2nd day of November, 2009, David Grossi, personally appeared before me, whose identity was proven to me on the basis of satisfactory evidence to be the person whose name is subscribed to this instrument and acknowledged that he executed it
Notary Public OF PENNSYLVANIA

GEORGETOWN VILLAGE HOMEOWNERS’ ASSOCIATION
AMENDMENT TO BYLAWS
RESTRICTION OF RENTALS

THIS AMENDMENT, to the By Laws of the Georgetown Village Homeowners’ Association is enacted after notice given to all homeowners in the Association and a majority vote of the members present at a regular meeting of the Board of Directors held on the 22nd day of June, 2009. The restrictions enacted by the Association or the rental of townhomes is enacted hereby restricted as follows:

1. Townhomes may be used and occupied for residential use by owners only. The rental of townhomes is prohibited except as provided below.

2. EXCEPTIONS.

a. RESIDENT OWNER. A full-time resident owner of one townhouse lot may rent one other townhouse lot, whether single family or duplex.

b. DUPLEX TOWNHOMES. Duplex Townhome owners occupy in gone unit are permitted to rent the second unit.

c. EMERGENCY CIRCUMSTANCES. Emergency Circumstances where owners of townhomes have emergency circumstances requiring the short-term rental of their units they may apply for permission to the Board of Directors of the Homeowners’ Association for permission to rent their unit. Permission may be granted on a case by case basis to avoid extreme hardship, however, that rental may not exceed twelve 12 months.

d. GRANDFATHER CLAUSE. This rental restriction shall not apply to homeowners whos town homes are occupied by renters as of the date of the enactment of this Amendment. Upon the sale of the rented unit by the current owner, however, the restrictions contained herein shall be enforced against the new owner.

3. ENFORCEMENT. The provisions of this use restriction amendment to the By Laws may be enforced by the Board of Directors through the use of an assessment in an amount deemed appropriate by the Board and not to exceed the sum of Five Hundred ($500.00) Dollars per month. Penalties imposed may be enforced and collected by confession of judgment for the creation of a lien against the subject owner’s townhouse in the same manner as Assessments pursuant to Articles VI(f) and Article X of the By Laws. Said Articles are hereby amended to include enforcement of penalties imposed hereunder.

4. FULL FORCE AND EFFECT. The By Laws, Regulations of the Georgetown Homeowners’ Association shall remain in full force and effect, except as amended by the above Amendments.

THIS AMENDMENT HAS BEEN ADOPTED IN LAWFUL SESSION BY THE BOARD OF DIRECTORS OF THE GEORGETOWN VILLAGE HOMEOWNERS’ ASSOCIATION AFTER MOTION, SECOND AND A MAJORITY VOTE OF THE MEMBERS PRESENT AT THE REGULAR MEETING OF THE ASSOCIATION HELD THIS DAY OF JUNE, 2000. UPON APPROVAL OF SIXTY-SIX (66%) PERCENT OF THE LOT OWNERS OF THE HOMEOWNERS’ ASSOCIATION,

THE AMENDMENT SHALL BE LAWFULLY ENACTED.