1. All lots in this subdivision shall be used for residential purposes only.
2. No fence shall be erected on any corner lot nearer to the street line than the house setback line nor on any other lot nearer to the street line than the rear house line. Except it shall be permissible to erect a fence from the house to the side lot line immediately in front of the rear entrance door. No chain link fences shall be placed on any lot.
3. The minimum ground floor area of the main building, exclusive of open porches and carports shall be not less than 1750 square feet in the case of a one story residence and not less than 900 square feet in the case of a one and one-half or two story residence, however in the case of a one and one-half or two story residence there shall be not less than 1750 square feet total area.
4. No permanent structures shall be moved onto any lot unless it shall conform to and be in harmony with the similar structures in said subdivision and no residence of temporary character shall be permitted.
5. No obnoxious trade or activity shall be carried on upon any lot, nor shall anything be done thereon which may be or become an annoyance or nuisance to the neighborhood.
6. These covenants are to run with the land and shall be binding on all parties and all persons, claiming under them, for a period of (30) thirty years from the date these covenants are recorded. After which time said convenants shall be automatically extended for seccessive periods of ten years unless an instrument signed by a majority of the then owners of the lots has been recorded, agreeing to change said covenants in whole or in part. However, "Rolling Oaks Joint Venture" reserves unto themselves the right, to impose additional or separate restriction at the time of sale of any of the lots sold in this subdivision, which said restrictions may not be in uniform but may differ as to different places, and further reserves the right to amend these restrictions at any time without the approval of owners of lots within the subdivsion.
7. If the parties hereto, or any of them or their heirs or assigns shall violate any of the limitations and restrictions herein, it shall be lawfull for any person or persons owning any other lot in said subdivision to prosecute any proceeding at law or in equity against the person or persons violating or attempting to violate any such limitations or restriction and either to prevent him or them from so doing or to recover damages or other dues for such violations.
8. No building shall be erected, placed or altered on any lot in this subdivision until the building plans, specifications and plot plan, showing the location of such building shall have been approved in writing as to conformity and harmony with existing structures in this subdivision, and as to the loctation of the building to topography and finished ground elevation by rolling oaks joint venture, or a representative duly appointed by said joint venture. In the event that said joint venture or its designated representative fails to approve or disapprove such design and location within a period of (30) days after said plans and specifications have been submitted to them, or if no litigations to enjoin the erection of such building or the making of such alterations has commenced prior to the completion thereof, such approval will not be required and the covenant will be deemed to have been fully complied with. Neither the members of the joint venture, nor its designated representative, shall be entitled to any compensation for services performed pursuant to this covenant. The powers and duties of the joint venture, and its designated representative shall cease on or after January 1, 2006. Thereafter the approval, described in this covenant, shall not be required unless prior to said date, and effective thereon, a written instrument shall be executed by the then record owners of the majority of the lots in this subdivision and duly recorded, appointing a representative or reprensentatives who shall thereafter exercise the same powers previously exercised by the joint venture.
9. Easements for installation and maintenance of utilities and for draniage facilities are reserved as shown on the recorded plat and over the rear five feet of each lot. Within these easements, no structure, planting or other material shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities, or which may change the direction of flow of drainage channels in the easments, or which may obstruct or retard the flow of water through draniage channels in the easements. The easement area of each lot and all improvements in it shall be maintained continuously by the owner of the lot, except for those improvements for which a public authority or utility company is responsible.