THE FOLLOWING SUMMARY IS NOT AN EXHAUSTIVE DISCUSSION OF THE CONDITIONS AND RESTRICTIONS AFFECTING THE ROCKFORD FARM SUBDIVISION.  ANY PROSPECTIVE OWNER SHOULD CAREFULLY READ THE AMENDED AND RESTATED DECLARATION OF COVENANTS, CONDITIONS, AND RESTRICTIONS FOR ROCKFORD FARM (THE “DECLARATION”) BEFORE PURCHASING A LOT .  ALL CAPITALIZED TERMS NOT DEFINED HEREIN SHALL HAVE THE MEANINGS GIVEN TO THEM IN THE DECLARATION. 

GOVERNANCE

• Rockford Farm Subdivision contains both residential Lots and Common Area.  A Home Owners’ Association, the Rockford Farm Home Owners’ Association, Inc., a Georgia nonprofit corporation (the “Association”), shall have the authority to enforce the Declaration on all Owners.  The Board of Directors shall govern the affairs of the Association.
• The Declarant shall control the Board of Directors and the Architectural Control Committee (the “ACC”) until the Declarant sells all of the Lots it owns.
• The Association shall allow voting privileges of one vote for each Lot owned, Declarant included.  When more than one person holds an interest in any Lot , the vote of such Lot shall be exercised as they among themselves determine, but in no event shall more than one vote be cast with respect to any Lot .
• The Board of Directors has the authority, among other things, to:

(a)                          adopt rules and regulations governing the details of the administration, management, operation and use of the Common Area and any recreational facilities located thereon;

(b)                          to provide for the operation, care, upkeep, maintenance, repair, replacement and improvement of the Common Area and any recreational facilities located thereon and payments therefor; and

(c)                          to estimate the amount of, prepare, adopt and distribute the budget for the Association not less frequently than annually, to provide the manner of assessing, levying on and collecting from the Owners the annual and special assessments, and to levy fines against one or more occupants in accordance with the Declaration.

ASSESSMENTS

• The annual assessment shall be per each Lot and shall be Three Hundred Dollars ($300) per Lot until the Board of Directors determines otherwise. 
• In addition to annual assessments, the Association may levy special assessments for the purpose of defraying the cost of any construction, reconstruction, repair or replacement of any capital improvement upon the Common Area, provided that any such assessment shall require the approval of the Majority.
• Notwithstanding the foregoing, for all Lots purchased on or before December 31, 2007 , no assessments shall be due and payable until January 1, 2008 for the assessment period running from January 1, 2008 to December 31, 2008 .

BUILDING AND USE RESTRICTIONS

• No building shall be erected, placed or have its architectural features materially altered on any Lot in the subdivision until the building plans, specifications, plot plans, site plans and landscape plans have been approved by the ACC.  A sample of Guidelines and Design standards that may be enacted by the ACC are included as part of the Declaration and attached hereto as Exhibit A. 
• Only one dwelling or residential structure shall be erected per Lot .  Each dwelling or residential structure is required to contain a minimum of 2,000 enclosed square feet of heated space, exclusive of garage and/or unfinished basement.  The main floor of multi-story homes must have a minimum of 1,500 square feet of heated space. High-grade exterior finishes and workmanship are required on each dwelling and are limited to brick, stone, wood, and/or other finishes approved by the ACC.  Approved premium grade vinyl may be used as cornice and soffit only. The exterior of any dwelling or residential structure must be completed within nine (9) months after the commencement of construction.  Erection of garden houses, gazebos, or other decorative type buildings may be permitted upon approval of the ACC but have to be of the same material design as the house.  Site/Landscape plans shall be submitted, reviewed and approved by the ACC prior to construction. Yard and grounds shall be landscaped before occupancy.
• Trailers, mobile, manufactured or modular homes, boats, trucks (other than pickup trucks) or any similar units or structures shall not be placed on any Lot at any time.  The pursuit of hobbies or other activities which might tend to cause disorderly, unsightly or unkempt conditions, shall not be allowed or undertaken on any portion of the Common Area or on any Lot in a location visible to a road or an adjoining Lot .
• There shall be no all-terrain vehicles, dune buggies, go carts, or any type of motorized vehicle designed primarily for off road use allowed on any portion of the Property, except in storage.  Storage should not be visible from the street or any other Lot . 
• Structures, other than satellite receiving dishes of not more than 20 inches in diameter, for the purpose of receiving radio, cellular or television broadcast signals, shall not be permitted on any Lot . No structure, with the exception of mail boxes, shall be erected between the front building line of the Lot and the street. All mailboxes are to be uniform in design and construction as provided by the Association and paid for by the homeowner or builder.
• No stable, poultry house, or yard rabbit hutch or similar structure shall be constructed or allowed to remain on any Lot , nor shall livestock of any nature or classification whatsoever be kept or maintained on any Lot .  However, household pets shall be permitted, provided they are not raised for commercial purposes.  Pets are to be confined to the Owners’ premises; this is to include house and yard.  Dog runs and chain link fences are expressly prohibited.  Invisible fences and decorative fencing may be allowed certain portions of Lots as approved prior to construction by the ACC.
• All houses shall have a minimum setback of 60 feet from the back of curb, a minimum 20-foot setback on each side, and a minimum 20-foot setback on the rear, unless otherwise approved by the ACC.
• All fencing must be approved by the ACC and be in character with the subdivision and the architecture of the dwelling in question.  No chain link, plastic type or vinyl clad fencing will be allowed. 
• Each Owner, whether vacant or occupied, shall keep and maintain the exterior of any and all improvements located thereon in a neat, attractive and safe condition.  Each Owner shall also maintain the trees, shrubs, hedges and other landscaping thereon and, in any case, shall be responsible for watering the lawns, trees, shrubs, hedges, and other landscaping on a regular and as needed basis.  Should any Owner fail to maintain his Lot, the Association may, after thirty (30) days written notice, enter upon his Lot to perform such exterior landscaping and maintenance as the Association deems necessary or advisable. Such Owner shall be personally liable to the Association for the direct and indirect cost of such landscaping and maintenance, which costs shall be added to and become part of the assessment to which such Owner and his Lot are subject.
• Declarant has entered into an agreement with Toccoa Natural Gas to supply each of the Lots with natural gas.  Any Owner building upon his Lot may be required to pay a connection fee (unrelated to usage) prior to submitting his Application for Construction to the ACC.  For three or more appliances (two of which must be the water heater and furnace), the connection fee is zero dollars.  The fee schedule (ranging up to $1,500) and list of appliances are set forth in the Declaration.

This summary does not purport to be a complete description AND is qualified in ITS entirety by reference to the complete text of the declaration.  IF THERE IS ANY CONFLICT Between THIS summary and the declaration, the declaration shall control.