Indian Creek of Destin, Inc.
...a development company
BACK
State of Florida
County of Walton

DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
FOR BOTANY BAYOU SUBDIVISION

KNOW ALL MIEN BY THESE PRESENTS, that INDIAN CREEK OF DESTIN, INC., 
a Florida corporation, whose post office address is 130 South 
Geronimo Street, Destin, FL 32550, (hereinafter referred to 
as Declarant as owner of certain lands in Walton County, 
Florida, being developed for residential purposes, said lands 
being as hereinafter described, hereby declares and files 
herewith, the following covenants and restrictions running with the 
land subjected hereto and conditions of use and occupancy thereof, 
which covenants, restrictions and conditions are filed 
pursuant to a general plan of development making the covenants, 
restrictions and conditions applicable with uniformity to the land 
subjected hereto.

WHEREAS, the purpose of these covenants, conditions and restrictions, which 
shall apply only to the property hereinafter described, is to enable and aid 
the establishment and maintenance of an exclusive residential community of the 
highest quality for the maximum benefit and enjoyment of the owners of property 
therein and their guests; said residential community to be named BOTANY BAYOU 
SUBDIVISION; and

WHEREAS, Declarant desires to insure the attractiveness of the various common 
areas, structures and facilities within BOTANY BAYOU SUBDIVISION and to prevent 
any future impairment thereof, to prevent nuisances, to preserve, protect 
and enhance the values and amenities of the said property and to provide 
for the maintenance of common areas, structures and facilities; and

WHEREAS, to such end, Declarant desires to subject the real property 
hereinafter described to the covenants, conditions, restrictions, easements, 
charges and liens, hereinafter set forth, all of which are for the benefit 
of said real property and each owner thereof, and

WHEREAS, Declarant has deemed it desirable to provide for the preservation, 
protection and enhancement of the values and common areas in BOTANY BAYOU 
SUBDIVISION and to protect the owners'enjoyment of the specific rights, 
privileges and easements hereinafter set forth by creating an organization 
to be assigned the powers and responsibilities of administering and enforcing 
the covenants, conditions, restrictions, easements, charges and liens and 
collecting and disbursing the assessments and charges hereinafter created; and

WHEREAS, Declarant hereby undertakes to incorporate such organization under 
the laws of the State of Florida, as a non-profit corporation to be named 
BOTANY BAYOU HOMEOWNERS'ASSOCIATION INC., for the aforesaid purposes.


 
NOW, THEREFORE, Declarant hereby declares that the real property known 
as Lots 1-71 Botany Bayou Subdivision, according to the plat of such Subdivision
recorded in Plat Book 14, Page 82 of the public records of Walton County,
is and shall be held, transferred, sold, conveyed and occupied subject 
to the covenants, conditions, restrictions, easements, charges and liens 
(all of which may sometimes be herein called covenants and restrictions) 
hereinafter set forth, which covenants and restrictions are for the purpose 
of protecting the value and desirability of, and which shall run with, the 
real property, and which shall be binding on all parties having any right, 
title or interest in any of the properties subject to this Declaration or 
any part thereof, their heirs, successors and assigns, and shall inure to 
the benefit of each owner thereof.

ARTICLE I - DEFINITIONS

1. "Association" shall mean and refer to Botany Bayou Homeowner's 
Association, Inc. its successors and assigns.

2.  "Property" shall mean and refer to that certain real property 
described in the Declaration of Covenants, Conditions and Restrictions 
attached hereto and such additions thereto as may hereafter be brought 
within the jurisdiction of the association.

3. "Common Area" shall mean all real property owned by the association 
for the common use and enjoyment of the owners in Botany Bayou Homeowner's 
Association, Inc., a planned unit development.

4. "Lot" shall mean and refer to any numbered lot shown upon any recorded
subdivision map of the property with the exception of the common area.

5. "Dwelling Structure" shall mean ownership of the dwelling 
constructed on a lot, together with a fee simple interest in 
the lots upon which the dwelling stands.

6.  "Common Expense" shall mean all expenses incurred by the 
association and charged to the owners of all lots on common 
basis, including but not limited to , supplies, materials, 
parts, services, utilities, maintenance, repairs, replacements, 
landscaping, insurance and ad valorem taxes on common areas and 
other expenses of the association incurred on behalf of all 
members (and distinguished from individual mortgage payments, 
real estate taxes, and individual telephone, electricity 
and other individual or separate basis rather than  on a common basis).

7. "Owner" shall mean and refer to the record owner, whether 
one or more persons or entities, of the fee simple title to 
any lot which is a part of the properties.

8.  "Declarant" means Indian Creek of Destin, Inc. a Florida corporation, it's 
successors and assigns.  Declarant also may be an Owner.  The various rights of 
Declarant under this Declaration may be separated and assigned to different 
parties and, if so assigned, each assignee will be considered "Declarant" as 
to the specific rights so assigned.  Declarant may collaterally assign their 
rights as Declarant by mortgage or other instrument, and such assignees may 
elect to either exercise such rights if such assignees succeed to Declarant's 
interest in Botany Bayou Subdivision or any portion thereof.

9.  "Declaration" shall mean and refer to the Declaration of Covenants, 
Conditions and Restrictions applicable to Botany Bayou Subdivision and 
all supplements and amendments to this Declaration recorded in the Office 
of the Clerk of Circuit Court, Walton County, Florida.

10. "Member" shall mean and refer to those persons entitled to membership as 
provided in the Declaration.

11. "Drainage System" means all drainage rights of way, ponds, water management 
tracts, drainage facilities, conservation area, and buffer zones, as shown on 
the Plat.  The "Drainage System" also means a system that is designed and constructed 
or implemented to control discharges necessitated by rainfall events, incorporating 
methods to (1) collect, convey, store, absorb, inhibit, treat, use, or reuse water; 
or (ii) prevent or reduce flooding, over drainage, environmental degradation, and 
water pollution, or otherwise affect the quantity and quality of discharges from the 
system as permitted pursuant to Chapters 4OC-4, 4OC-40 or 4OC-42 of the Florida 
Administrative Code.

12.  "Articles of Incorporation" means the Articles as filed with the Department 
of State to incorporate the Homeowner's Association, a copy of which is attached 
hereto as Exhibit "A".

13. "Bylaws" means the Bylaws of the Association governing the Homeowner's
Association, a copy of which is attached hereto as Exhibit "B".

14.  "Common Property" means those tracts of land that are (i) deeded to the 
Association and designated in the deed as Common Property, or (ii) labeled as 
a Common Area, on the Plat.  The term "Common Property" does not mean any area 
that is (i) dedicated in the plat to the county or municipal government or other 
party other than the Association, or (ii) should be or is dedicated by 
the Association.

ARTICLE II - GENERAL COVENANTS AND RESTRICTIONS

 
1.	All lots above described in the preambles hereto shall be known, described, 
used and occupied as residential lots.  The term "residential" as used herein 
shall be held and construed to exclude hospitals, nurseries, duplex houses and 
apartments houses and exclude any development, operations or drilling for oil, 
gas, or other minerals, or any refining or quarrying or mining or placing or 
maintaining on the premises of any tanks, well, shafts, mineral excavations, 
derricks or structures of any like incident to any such oil, gas or other 
mineral operations; and any such usage of this property is hereby expressly 
prohibited.  Nothwithstanding the provisions of this paragraph, dwelling 
constructed on the lots to which these covenants, restrictions and reservations 
are applicable may, with the written permission of the developer, be temporarily 
used as model homes.  The use of dwellings for such purpose shall only be for 
such period of time and only upon such conditions as developer may in its sole 
discretion specify.

2.	Only one residence, and where developer deems appropriate 
one guest house, shall be constructed on each subdivision 
lot; however, this shall not prohibit construction of 
a residence on a portion of two or more.
     
3.	The word "house", or "residence", or "building", or 
"structure" or "dwelling" as used herein shall include 
galleries, porches, porte cocheres, projections and 
every other permanent part of such improvements, except roofs.

4.	Unless the developer or its designated representative 
shall have expressly consented in writing to lesser 
minimum square footage, no dwelling or residence 
shall be permitted upon any homesite subject to these 
covenants, restrictions and reservations which does 
not have a total square footage, excluding a carport, 
garage, porch, utility and storage area, of the following:

Lot Description/Minimum Square Footages for Single Story 
Dwelling/Minimum Square Footages for One & One-Half & Two 
Story Dwellings. 

For all interior lots, minimum square footage for one 
and one-half or two story dwellings shall be 1900 
square feet, with not less 1400 square feet existing 
on the ground floor.  All waterfront lots shall be 
one and one-half or two story dwellings and shall 
have a minimum square footage requirement of 
3200 square feet with not less than 1800 square 
feet existing on the ground floor.

The developer or its duly designated representative may allow lots 3, 4, 5, 17, 
20, 21, 22, 23, 24, 27, 30, 31, 53, & 70 to have a front load garage.  All other 
homes will require a side entrance garage.

No dwelling or residence having more than two stories shall 
be constructed on a homesite unless the developer or its 
duly designated representative shall have first consented 
in writing to the construction of such residence. In the 
event of construction of a dwelling or residence having 
more than two stories, the minimum square footage requirement 
shall be no less than those requirements specified for 
construction of a one and one-half or two story residence 
on such homesite and such square footage minimums may be 
increased by the developer or its duly designated 
representative prior to granting its written consent 
to the construction of such a dwelling or residence.


Lots 39 & 40 will be allowed a detached guesthouse.  
These structures will be one story no larger than 680 sq. ft.  
They will be allowed a one car garage or carport facing east.  
They will be heavily landscaped and the plans must be drawn by a Florida 
licensed architect and approved exclusively by the developer.
 
5. No out buildings, detached garages or detached servants' houses or other 
detached buildings shall be constructed on any lot in the subdivision unless 
the developer or its duly designated representative shall have expressly 
consented to such construction in writing.

6. No building materials or temporary building of any kind or 
character shall be placed or stored on the property until the 
owner is ready to commence improvements, and then such material 
or temporary building shall be place within the property line of 
the lot or parcel of land upon which the improvements are to be 
erected and shall not be placed in the streets or between the curb 
and the property line.  Any such temporary building or structure 
buildings and unused materials shall be removed immediately upon 
completion of constructed or within one year after such material or 
temporary building was placed thereon, whichever is sooner.

7. No noxious or offensive trade or activity shall be carried on 
upon any homesite nor shall anything be done thereon which may be 
or become an annoyance or nuisance to the neighborhood.

8. Except upon having first obtained the written consent of the 
developer or its duly designated representative, no building or 
residence shall be located on a homesite in the subdivision which 
would be nearer to the front, side, rear or other lot lines than 
the distances hereinafter specified as minimum set-back distances 
from the hereinafter specified lot lines:

Lot Designation for: Front Set-Back; Rear Set-Back From the 
DEP Jurisdictional Line; Side Set-Back. 

LOT		FSB		RSB		SSB
1-8		20'		20'		7.5'
9-11	25'		20'		7.5'
12-27	20'		20'		7.5'
28		60'		65'		7.5'
29		60'		55'		7.5'
30		50'		45'		7.5'
31-35	60'		60'		7.5'
36-38	50'		50'		7.5'
39		40'		45'		7.5'
40		40'		40'		7.5'
41-43	40'		25'		7.5'
44-52	25'		25'		7.5'
53		25'		20'		7.5'
54-69	20'		15'		7.5'
70-71	25'		40'		7.5'

Developer reserves the right to modify or grand variance to the 
above-stated minimum setback requirements at any time and for 
any reason.  All such modifications or granting of variances must 
be made in writing and executed by the developer or its duly 
designated representative and recorded in the public records 
of Walton County.
 

9. No residence, building, swimming pool, boathouse, dock, jetty, 
bulkhead or other structure shall be erected, placed or altered 
on any building lot in the subdivision until the plans, material 
specifications and plot plan showing the location and design of 
such buildings or structures have been approved in writing by the 
developer or its designated representative as to conformity and 
harmony of external design with existing structures in the subdivision 
and as to location of the buildings or other structures with respect 
to topography and finished ground elevation.  Neither developer nor 
its designated representative shall receive any compensation for 
services performed pursuant to these covenants, restrictions and 
reservations.

10. Notwithstanding contained herein to the contrary, all owners must 
build a dwelling on the lot they purchase within five (5) years of the 
date of closing of said lot, and all building shall be completed and 
the final Certificate of Occupancy shall be issued within six (6) of 
the date of closing.  In the event the dwelling is not constructed or 
completed within the times prescribed above, seller shall have the 
right to purchase said property back from the owner at the price for 
which it was originally sold to owner, including the cost of any 
improvements placed thereon. 
  	
11. Landscaping - it is prohibited to cut down any tree in the 
front yard with a trunk of 12 inches or more in diameter unless 
closer than 10' from an owner's foundation. Owners must keep or 
plant four (4) trees (indigenous to our area) in their front or 
side yards.  Owners will be highly encouraged to keep any natural 
areas.  No magnolia, hickory, oak or long leaf pine trees are to 
be removed without the consent of the Developer or his designated 
representative.  A landscaping plan that includes these 
requirements must be submitted to the developer or its designated 
representative for approval at the same time as the house plan 
is submitted and must have been approved in writing by the 
developer to its designated representative as to conformity 
and harmony of design with existing structures in the subdivision 
and as to location of the landscaping with respect to topography 
and finished ground elevation.

12. No garbage, trash, ashes, refuse, junk or other waste, 
inoperative vehicles, travel trailers or house trailers shall
be stored, kept, thrown or dumped on any lot or street in the 
subdivision or permitted to remain on any such place.  No 
recreational vehicles of a length greater than 20 feet and no 
boats of a length greater than 20 feet shall be stored or kept 
on any lot within the subdivision unless the same shall be kept 
and stored in a fully enclosed garage, except for periods of two 
weeks or less when the boat may be kept in the back yard for 
purpose of repair.  Regardless of its size, no boat, boat tower, 
or boat cabin, or any part of a boat, yacht or any other water 
craft shall be visible from the street.  No boats of any size 
shall be kept in the front yard of any lot within the subdivision.
All garbage shall be kept in sanitary containers.

13. No animals, livestock or Poultry of any kind shall be raised, 
bred, kept, staked or pastured on any lot, excepting dogs, cats, 
or other household pets may be kept, provided they are not kept, 
bred or maintained for commercial purpose.

14. Fences, walls and hedges are permitted along, but inside 
the property lines adjoining streets, but not closer to the 
front or side that the applicable side yard or set back line 
for the house or residence, other than those installed by the 
developer.  No fence, wall or hedge shall be placed on any portion 
of any homesite at a height more than six (6) feet from the 
ground nor shall any fence, wall or hedge extend closer than 
thirty (30) feet from the water's edge, except in the case of 
a swimming pool where county ordinances may require pool areas 
to be fenced.  Should any fence, hedge, shrub, tree, flower or 
other planting be so placed, or afterwards grow so as to 
encroach upon the adjoining property, such encroachment shall 
be removed upon the request of the owner of the adjoining 
property or upon the request of the developer.  Should any 
encroachment be upon a right-of-way, street, alley or other 
easement, it shall be removed promptly upon request of the 
developer or its duly designated representative, and such 
encroachment shall be wholly at the risk of the owner of the 
encroaching object.  Notwithstanding the foregoing, no fence 
or wall may be constructed until written approval is obtained 
from the developer or its duly designated representative as 
to location, design, and material to be used in the construction 
of said fence or wall.  All driveways must be of concrete or 
brick pavers except on waterfront lots where asphalt may be 
acceptable.

15. No signs of any kind shall be displayed to the public view 
on any residential lot, except one sign of not more than five 
square feet in said area advertising the property for sale or 
rent or signs used by the builder to advertise the property 
during the construction or sale of such property.

16. No children's toys, tricycles, bicycles, or other unsightly 
material will be permitted to remain or be regularly left on 
the lot forward of the building setback line.  The developer 
retains the right, after reasonable prior notice to the owner, 
to correct deficiencies in this or any other paragraph and to 
bill the owner for the cost of the corrections.

17. All boat docks will be subject to building permits by 
Walton County and must have approval by the developer as 
to size, location and design.

18. Developer or its duly designated representative reserves 
the right to hereinafter modify, amend or grant variances to 
any of the foregoing covenants and restrictions which in the 
developer's sole discretion such modification, amendment or 
variance is deemed proper.  Developer or its duly designated 
representative may also make other restrictions applicable 
to each homesite by appropriate provision in the contract 
for deed or in any deed, without otherwise modifying the 
general plan herein outlined, and such other restrictions 
shall inure to the benefit of the owners of homesites in the 
subdivision and shall bind the grantees and their respective 
heirs, successors or transferees in the same manner as though 
they had been expressed herein.

 
19. Developer reserves a perpetual easement in Botany Bayou, 
in, on, over and under all drainage and utility easements as 
reflected on the plat of Botany Bayou Subdivision, as recorded 
in the Public Records of Walton county, Florida, and additionally 
reserves unto itself a perpetual easement for drainage and 
utility purposes in, on, over and under a strip of land five 
feet in width along the side and rear lines and 10' along the 
front of each lot subject to these covenants, restrictions and 
reservations with full right of entry by it or its licensees for 
the purpose of establishing, constructing and maintaining any 
utility, with the right to maintain conduits and wires for telephone, 
electric power and other purposes and to lay, install and maintain 
facilities for sewage, water, gas, storm drainage and other 
utilities therein.

20. Violation of any restriction or covenant shall give the 
developer or its duly designated representative the right to 
enter upon the property, after proper notice, where such violation 
exists and summarily abate or remove the same at the expense of 
the owner, and such entry and abatement or removal shall not be 
deemed as trespass.

21. These covenants and restrictions are to run with the land, 
and shall be part of all deed and contracts or conveyances of 
any and all lots in this subdivision and shall be binding on 
all parties and all persons claiming under them until January 1, 2020 
at which time said covenants, restrictions and reservations shall 
be automatically renewed for additional successive periods of ten 
years, unless by written and recorded agreement of a majority of 
the record owners on January 1, 2020 and each successive ten-year 
anniversary date thereafter, the decision shall be made to terminate 
these covenants and restrictions.

22. If any owner, tenant or occupant of this subdivision shall 
violate or attempt to violate any of these covenants, restrictions 
and reservations while in force and effect, it shall be lawful 
for the developer, its duly designated representative or any 
other person or persons having any ownership interest in any 
other lot in the subdivision to prosecute any proceeding at 
law or in equity against any person violating or attempting to 
violate such covenants, restrictions and reservations and either 
to prevent them from doing so or to recover damages for such 
violation.  In the event the developer or its duly designated 
representative shall commence any proceeding to enforce these 
restrictions, then in such event the party against whom such 
action has been brought or defended shall be responsible to pay 
the developer a reasonable attorney's fee for the bringing or 
defending of such action.

23. In no event and under no circumstances shall a violation 
of any covenant or restriction or reservation herein contained 
work a forfeiture or reverter of title.  Invalidation of any of 
these covenants, restrictions and reservations by judgment or 
court order shall in no way affect any other provision, which 
shall remain in full force and effect.

ARTICLE III - HOMEOWNER'S ASSOCIATION

1. Each owner of a lot to which these covenants, restrictions 
and reservations are applicable shall be required to participate 
as a member of Botany Bayou Owner's Association, Inc. a Florida 
corporation not for profit, which corporation has been organized 
by the developer to provide a means by which the owners of lots 
within the present subdivision and subsequent additions to it may 
collectively share the expense of maintenance of the common areas 
and additional lighting and security services at a later date 
if deemed needed.
 
2. Developer hereby covenants that each owner of a lot, by 
acceptance of a deed therefor, whether or not it shall be so 
expressed in such deed, is deemed to covenant and agree to pay 
the Association an annual assessment.  Such assessments shall be 
established and collected as hereinafter provided.

3. The assessments, charges and liens created under this Article 
shall not apply to the Common Areas or any Lot owned by the 
Declarant.  In addition, all real property, if any, dedicated 
to and accepted by a local public authority or governmental 
institution or entity shall likewise be exempt therefrom.

4. All such assessments, together with interest thereon and 
costs of collection thereof as hereinafter provided shall be 
a charge on the land and shall be a continuing lien upon the 
lot against which each assessment is made.  Each such assessment, 
together with interest thereon and costs of collection thereof, 
when delinquent, shall also be the personal obligation of the 
person or entity who was the owner of such lot at the time 
when the assessment fell due.

5. The annual assessment levied by the Association shall be used 
exclusively for the improvement, maintenance and operation of any 
common area owned by the Association.  Each lot, which has been 
conveyed to an owner, shall be assessed at a uniform rate.  For the 
purpose of assessment, the term"owner"shall exclude the Developer.  
Notwithstanding any provisions herein to the contrary, the Association 
shall not assess any developer-owned lots or lots owned by 
the developer's lenders.

6. By a majority vote of the Board of Directors, the Association 
shall fix the annual assessment upon the basis provided herein.  
The annual assessments shall be sufficient to meet the obligations 
imposed upon the Association by these covenants and restrictions.  
Such assessments shall become due annually beginning January 1, 2002, 
and purchasers of lots subsequent to said date shall be responsible 
for their prorata share of the annual assessment in effect.  The Board 
of Directors may provide for collection of assessments annually or in 
monthly, quarterly or semi-annual installments, provided however, 
that the entire balance of such assessment may be accelerated at 
the option of the Board of Directors and be declared due and 
payable in full.

7. At the closing and transfer of title to the owner, such owner, 
shall contribute an amount equal to $100 to the Association.  This 
contribution shall be used by the Association for the purpose of 
the initial and recurring capital expenses of the Association and 
for providing initial working capital for the Association.  Such 
contribution shall not be considered as a pre-payment of any 
future assessments.

8. Any assessment not paid within fifteen (15) days after the 
due date shall bear a late fee of $25 further, any assessment
 not paid within thirty (30) days after the due date shall bear 
 interest from the due date at a percentage rate equal to the 
 highest rate allowed by law and shall, together, with such 
 interest thereon and cost of collection thereof (including 
 reasonable attorney's fees, become a lien on such lot.  The 
 Association may bring an action at law against the owner 
 personally obligated to pay the same or foreclose the lien 
 against the lot and interest, costs and reasonable attorney's 
 fees; fees of any such action will be added to the amount of 
 such assessment.  Each such owner, by his acceptance of title 
 to the lot, hereby expressly vests in the Association the right 
 and power to bring all actions against such owner personally 
 for the collection of such assessments as a debt and to enforce 
 the aforesaid by all methods available for the enforcement of 
 such liens, including foreclosures by an action brought in the 
 name of the Association in a like manner as a mortgage lien on 
 real property, and such owner hereby expressly grants to the 
 Association the power of sale in connection with such lien.  
 The Association, acting on behalf of the owners, shall have 
 the power to bid for an interest foreclosed at such foreclosure 
 sale and to acquire and hold, lease, mortgage and convey the 
 same.  No owner may waive or otherwise escape liability for the 
 assessments provided for herein by non-use of the Common Area 
 or abandonment of his/her lot.

9. The lien of the assessments provided for herein shall be 
inferior and subordinate to the lien of any bank, savings 
and loan association or other institutional Mortgage now 
or hereafter placed upon the lot subject to assessments.  
Sale or transfer of any lot shall not affect the assessment 
lien; however, the sale or transfer of any lot pursuant to 
foreclosure of such a Mortgage may extinguish the lien of such 
assessments as to payments which come due prior to such sale 
or transfer.  No sale or transfer shall relieve such lot from 
liability for any assessments thereafter becoming due or 
from the lien thereof

10. The Treasurer of the Association, upon demand of any 
owner liable for an assessment, shall furnish to such owner 
a certificate in writing, signed by a Director, setting 
forth whether such assessment has been paid.  Such 
certificate, when co-signed by the Secretary of the 
Association, shall be conclusive evidence of payment of 
any assessment therein stated to have been paid.

11. The fiscal year of the Association shall consist of 
the twelve-month period commencing on January I of each 
year and terminating December 31 of that year.

12. On or before December I st of each year, the Board of 
Directors shall adopt a budget for the coming year 
containing an estimate of the total amount which it 
considers necessary to pay the cost of all expenses 
to be incurred by the Association to carry out the 
responsibilities and obligations of the Association 
hereunder including, without limitation, the cost 
of wages, materials, insurance premiums, services, 
supplies and other expenses for rendering to the owners 
of all services required hereunder.  Such budget shall 
also include such reasonable amounts, as the Board of 
Directors considers necessary to provide working capital 
for the Association and to provide for a general operating 
reserve and reserves for contingencies and replacements. 
The Board of Directors shall send to each owner a copy 
of the budget, in a reasonably itemized form that sets 
forth the amount of the assessments payable by each owner, 
on or before December 15 preceding the fiscal year to 
which the budget applies.  Such budget shall constitute 
the basis for determining each owner's assessment as 
hereinbefore provided.
 
13. The failure or delay of the Board of Directors to 
prepare or adopt the annual budget or adjusted budget 
for any fiscal year shall not constitute a waiver or 
release in any manner of an owner's obligation to pay 
their assessments as herein provided, whenever the 
same shall be determined, and in the absence of any 
annual budget or adjusted budget, each owner shall 
continue to pay the assessment at the then existing 
rate established for the previous fiscal period in 
the manner such payment was previously due until 
notified otherwise.

14. Except as otherwise provided herein, all sums 
collected by the Board of Directors with respect 
to assessments against the owners may be 
commingled in a single fund.

ARTICLE IV - COMMON PROPERTY

1. Ownership.  Ownership of Common Property will be owned 
by the Association for the benefit of all owners, and 
the Association when necessary may improve, convey, 
or lease the Common Property.

2. Conveyance.  The Association is authorized to buy or 
lease real or personal property to be added to the 
Common Property.  The Association may (with the consent 
of Declarant) sell or lease any part of the Common 
Property, however, membership approval is not needed 
for the Board to sell property or to grant easements 
on real property.

3. Maintenance; Management; Contracts, Association Responsibility.
The Association will be responsible for the management, 
control, maintenance, repair, replacement and improvement 
of the Common Property and must keep the same attractive, 
clean, and in good repair in accordance with his Declaration 
and applicable governmental regulations.  This shall include, 
but not be limited to, water and sewer lines, lift stations, and roads.

4.	Management Agreements.  The Association may contract the 
Declarant or any other party for the performance of all or 
any portion of the management of the Association and the 
Association's maintenance and repair obligations.  
Management costs will be included within the Assessments.  
The property manager for the Association, its employees, 
officers, contractors, and assigns will have the right to 
use the Common Property without liability for Assessments 
or other charges, as more particularly specified in the 
management agreement.

5. Capital Improvements.    The Association may make 
capital improvements to the Common Property and may 
modify the uses of the Common Property.

6. Damage or Destruction of Common Property by Owner.  
If any Owner or any guest, customer, tenant, licensee, 
agent employee or family member damages any of the 
Common Property as a result of negligence or misuse,
the Owner hereby authorizes the Association to repair 
the damage.  The cost of repair will be the responsibility 
of that Owner and will become an Individual Lot Assessment 
payable by the responsible Owner.

7. Compliance with Laws.  Lots and Common Property may be 
used and must be maintained in accordance with all applicable 
laws, ordinances, and regulations, including, without 
limitations, all regulations and requirements of the Water 
management District and the Florida Department 
of Environmental Protection.

8. Rules for Use Of Common Property.  Members will have 
the right to use the Common Property only in accordance 
with the terms of the Rules initially made by Declarant 
and revised from time to time by the Association. 
The Rules may restrict the time of use, provide limitations 
on use of the common Property by a Member's guests and 
lessees, and provided such fee or charge is uniformly 
assessed.  No Member will be entitled to any rebate or 
reduction in such Member's Assessments on account of any 
such restrictions imposed on the Member's use of the 
Common Property.  The Rules will be kept at the offices 
of the Association and copies will be made available 
without charge to any Member requesting the same.

9. Use of Common Area Dock bv Members.  A Member may 
use the Common Area Dock for his personal use, including 
docking, mooring, or otherwise attaching a personal 
watercraft to said common dock for a length of time 
not to exceed 48 consecutive hours.  Total usage per 
week shall not exceed 72 hours by any one Member.

10.	Drainage System Located in Common Property.  The Association 
will be responsible for the maintenance, operation, and 
repair of such portion of the Drainage System as is located 
on Common Property.  Maintenance means the exercise of 
practices that tallow the system to provide drainage, water 
storage, conveyance, or the stormwater management 
capabilities as permitted by the Water Management District 
and the Florida Department of Environmental Protection.  
Any repair or reconstruction of the Drainage System shall 
be as permitted or, if modified, as approved by the Water 
Management District and the Florida Department of 
Environmental Protection.

11. Taxes.  In the event any common area owned by the 
Association is taxed separately from the lots deeded 
to owners, the Association shall include such taxes as 
part of the general assessment.  In the event the common 
areas owned by the Association are taxed as a component 
of the value of the lot owned by each owner, it shall be 
the obligation of each owner to promptly pay such taxes 
prior to them becoming a lien on the property.  

12. Use and Benefit of Common Property.	The Common Area shall be held by the 
Association for the use and benefit of the Members, their tenants and invitees. 
Every owner of the Lot will have a right and easement of enjoyment in and to the 
common area said right of easement shall specifically include but not be 
limited to the right of ingress and egress over the common areas, and this 
right will be appurtenant to and will pass with the title to such Lot, 
subject to the right of the Association to dedicate or transfer all or 
any part of the common area to any municipality, public agency, authority, 
or utility for the purposes in subject to the conditions they may be agreed 
upon by the members. In no event, will the dedication or transfer of 
any or all of the common areas prohibit the Lot owners easement of ingress 
and egress over the common areas. 

	ARTICLE V - EASEMENTS

1. Blanket Easement for Utilities. There is hereby created a blanket easement for the 
purpose of installing and maintaining utilities upon, across, over and under all 
areas for ingress, egress, installation, replacing, repairing and maintaining all 
utilities including, but not limited to water, sewers, telephones, electricity, 
and cable television system. By virtue of this easement, it shall be expressly 
permissible for any company providing electrical, water, sewer, cable television, 
and /or telephone service to install, erect and maintain all necessary lines, pipes 
and conduit underground and other necessary equipment at or below grade on the Common 
Area. An easement is further granted to all police, fire protection, ambulance and all 
similar persons, companies or agencies performing emergency service to enter upon the 
Common Areas and Lots in the performance of their duties. Further, an easement is hereby 
granted to the Association, its officers, agents, employees, and to any management company 
selected by the Association to enter in or to cross over all property subject to this 
Declaration, including without limitation, the Common Area and Lots, and to enter any 
other place within Botany Bayou Subdivision during reasonable hours and upon request, 
except in an emergency or when such property is not occupied, to inspect and to perform 
the duties of maintenance and repair of the Common Area as provided herein. 
Notwithstanding anything to the contrary contained in this paragraph, no sewers, 
electrical lines, water lines, or other utilities may be installed or relocated on 
property subject to this Declaration except as initially programmed and approved by 
the Declarant or thereafter approved by Declarant or the Asssociation's Architectural 
Review Committee. Should any utility furnishing a service covered by the general easement 
herein provided request a specific easement to be made with a separate recordable document, 
Declarant shall have the right to grant such easement with respect to any real property 
subject to this Declaration without conflicting with the terms hereof. The easements provided 
in this Article IV shall in no way affect any other recorded easement on said premises.

2. Easements Reserved for Certain Purposes. Easements and rights-of-way are hereby 
expressly reserved to Declarant, its successors and assigns, in, on, over, and under 
the Common area for the following purposes:

(a) for the erection, installation, construction, maintenance, repair and restoration 
or replacement of (i) wires, lines and conduits, and the necessary or proper attachments 
in connection with the transmission of electricity, telephone, television cables and 
other utilities and other similar facilities and (ii) storm-water drains, land drains, 
public and private sewers, pipe lines for supplying water and heat, and for any other 
public or quasi-public utility facilities, service or function, whether above ground 
or underground (iii) for maintenance of any retaining wall located on a common area 
or individual lot;

(b) for slope control purposes, including the right to grade and plant slopes and to 
prevent the doing of any activity which might interfere with slope ratios approved by 
Declarant, its successors and assigns, or which might create erosion or sliding problems, 
or change, obstruct or retard drainage flow;

(c) for the construction, installation, maintenance, repair and restoration or 
replacement of streets, rights-of-way, drainage areas, recreation areas and improvements, 
open space or other Common Area, or for security or other purposes for which Association 
is primarily, secondarily or contingently responsible or authorized as expressly or 
impliedly provided in this Declaration; and

(d) for pedestrian access through and across the streets and road right-of-way within 
Botany Bayou Subdivision.

(e) for pedestrian and vehicular traffic over and across all streets and road rights-of-way 
constructed in Botany Bayou Subdivision.

Declarant and its respective agents, successors and assigns shall have the right to 
enter upon all parts of the easement area for any of the purposes for which said 
easements and rights-of-way are reserved.

Declarant shall also have the right, at the time of or after grading any street or 
any part thereof, to enter upon any abutting Common Areas and grade the portion of 
such Common Areas adjacent to such street to a slope generally appropriate to the 
conditions of the land and its development, but there shall be no obligation on 
Declarent to do such grading or to maintain the slope. 

3. Benefit. The easements reserved by this Declaration shall be for the benefit of 
Declarant, the Association, the Members and their respective tenants and invitees. 
There further exists appurtenant easements of access to all private streets within 
the subdivision to Walton County or any of its franchisees for the use of county 
personnel and equipment on county business.

IN WITNESS WHEREOF, the owner has hereunto caused its hand and seal to be affixed 
this ________________ day of July, 2001.

Signed in the presence of:	INDIAN CREEK OF DESTIN, INC., a Florida Corporation



_____________________	By: __________________________
		 John A. King, Sr., President

______________________	



State of Florida
County of Walton

		I HEREBY CERTIFY that on this day, before me, an officer duly authorized 
		in the State and County aforesaid to take acknowledgments, personally appeared, 
		JOHN A. KING, SR., President of INDIAN CREEK OF DESTIN, INC., a Florida 
		corporation, who is personally known to me or who has produced________________ for 
		identification, and who (please circle) did not take an oath, and acknowledged to 
		me to be the person described in and who executed the foregoing instrument and he 
		acknowledged before me that he executed the same for the purposes therein 
		expressed, on behalf of said corporation.

____________ WITNESS my hand and official seal in the County and State last aforesaid 
this ___________of July 2001.


________________________
Notary Public
	

BACK

Indian Creek of Destin, Inc.
John A. King, Sr., President
P.O. Box 6773
Destin, Florida 32550
 
Office: 850-837-6777
Fax: 850-837-6707
E-mail inquiries to info@destindevelopment.com
 
 
© 2002-2007. All rights reserved.
CYber SYtes, Inc. - Web SYtes by Design