WQ0002128_More Information (Received)_20240930

STATE OF NORTH CAROLINA
COUNTY OF Carteret Permit No. W00002128
OPERATIONAL AGREEMENT
This AGREEMENT made pursuant to G.S. 143-215.1 (dI) and entered into this 30 day of
September 2024 , by and between the North Carolina Environmental Management
Commission, an agency of the State of North Carolina, hereinafter known as the COMMISSION; and
Pebble Beach Homeowners Assocation. Inc , a non-profit corporation organized
and existing under and by virtue of the laws of the State of North Carolina, hereinafter known as the
ASSOCIATION.
WITNESSETH:
1. The ASSOCIATION was formed for the purpose, among others, of handling the property, affairs and
business of the development known as Pebble Beach Homeowners Assocaition. Inc
(hereinafter the Development); of operating, maintaining, re -constructing and repairing the common
elements of the lands and improvements subject to unit ownership, including the wastewater collection
system with pumps, wastewater treatment works, and/or disposal facilities (hereinafter Disposal System);
and of collecting dues and assessment to provide funds for such operation, maintenance, re -construction
and repair.
2. The ASSOCIATION desires, to construct and/or operate a Disposal System to provide sanitary sewage
disposal to serve the Development on said lands.
3. The ASSOCIATION has applied to the COMMISSION for the issuance of a permit pursuant to G.S. 143-
215.1 to construct, maintain, and/or operate the Disposal System.
4. The Development was created subject to unit ownership in the dwellings units, other improvements and
lands through filing of a Declaration of Unit Ownership (hereinafter Declaration), pursuant to Chapter
47C of the North Carolina General Statutes.
5. The COMMISSION desires to assure that the Disposal System of the Development is properly
constructed, maintained and operated in accordance with law and permit provisions in order to protect the
quality of the waters of the State and the public interest therein.
NOW, THEREFORE, in consideration of the promises and the benefits to be derived by each of the parties
hereto, the COMMISSION and ASSOCIATION do hereby mutually agree as follows:
1. The ASSOCIATION shall construct the Disposal System and/or make any additions or modifications to
the Disposal System in accordance with the permit and plans and specifications hereafter issued and
approved by the COMMISSION, and shall thereafter properly operate and maintain such systems and
facilities in accordance with applicable permit provisions and law.
2. The ASSOCIATION shall provide in the Declaration and Association Bylaws that the Disposal System
and appurtenances thereto are part of the common elements and shall thereafter be properly maintained
and operated in conformity with law and the provisions of the permit for construction, operation, repair,
and maintenance of the system and facilities. The Declaration and Bylaws shall identify the entire
wastewater treatment, collection and disposal system as a common element, which will receive the highest
priority for expenditures by the Association except for Federal, State, and local taxes and insurance.
FORM: BOA 0 1 -20 Pagel of2

3. The ASSOCIATION shall provide in the Declaration and Association Bylaws that the Disposal System
will be maintained out of the common expenses. In order to assure that there shall be funds readily
available to repair, maintain, or construct the Disposal System beyond the routine operation and
maintenance expenses, the Declaration and Association Bylaws shall provide that a fund be created out of
the common expenses. Such fund shall be separate from the routine maintenance fund allocated for the
facility and shall be part of the yearly budget.
4. In the event the common expense allocation and separate fund(s) are not adequate for the construction,
repair, and maintenance of the Disposal System, the Declaration and Association Bylaws shall provide for
special assessments to cover such necessary costs. There shall be no limit on the amount of such
assessments, and the Declaration and Bylaws shall be provided such that special assessments can be made
as necessary at any time.
5. If a wastewater collection system and wastewater treatment and/or disposal facility provided by any city,
town, village, county, water and sewer authorities, or other unit of government shall hereinafter become
available to serve the Development, the ASSOCIATION shall take such action as is necessary to cause the
existing and future wastewater of the Development to be accepted and discharged into said governmental
system, and shall convey or transfer as much of the Disposal System and such necessary easements as the
governmental unit may require as condition of accepting the Development's wastewater.
6. Recognizing that it would be contrary to the public interest and to the public health, safety and welfare for
the ASSOCIATION to enter into voluntary dissolution without having made adequate provision for the
continued proper maintenance, repair and operation of its Disposal System, the ASSOCIATION shall
provide in the ASSOCIATION Bylaws that the ASSOCIATION shall not enter into voluntary dissolution
without first having transferred its said system and facilities to some person, corporation or other entity
acceptable to and approved by the COMMISSION by the issuance of a permit.
7. The ASSOCIATION shall not transfer, convey, assign or otherwise relinquish or release its responsibility
for the operation and maintenance of its Disposal System until a permit has been reissued to the
ASSOCIATION's successor.
8. The agreements set forth in numbered paragraphs 1, 2, 3, 4, 5, 6, and 7 above shall be conditions of any
permit issued by the COMMISSION to the ASSOCIATION for the construction, maintenance, repair and
operation of the Disposal System.
9. A copy of this agreement shall be filed at the Register of Deeds in the County(ies) where the Declaration
is filed and in the offices of the Secretary of State of North Carolina with the Articles of Incorporation of
the Association.
IN WITNESS WHEREOF, this agreement was executed in duplicate originals by the duty authorized
representative of the parties hereto on the day and year written as indicated by each of the parties named below:
FOR THE ENVIRONMENTAL
MANAGEMENT COMMISSION
S. Daniel Smith, Director
Division of Water Resources
Pebble Beach Homeowners Association, Inc
Name of ASSOCIATION
Bv: ti
(Sigrrature�
James Bunr?er Association Manar?er
Print Name and Title
9/30/24
(Date) (Date)
FORM: HOA 01-20
Page 2 of 2

vial-1121T W
�.­
Seejret*Y of Stale
ese resents shall conae, Greeting:
are : �'Secvetary of State of the State of
z'k do hereby certify the following and
ed ( 6 sheets) to be a true copy qf
RTICLVS OF INCORPORATION
OF
U_�BEACH HOIVOWNERS' ASSOCDITIOU, THC.
of which was
f-i"O flee on the 1.6th day of September 1982
I.Z
rid been to conform to law.
tress Whereof, I have hereunto set nay hand
d ply official seal.
i Office, at Raleigh, this 16th day
mber in the year of our Lord 19 82.

- BOOK 632picE502
058,18
e'1� .18 Ca 8M °8Z ARTICLES OF INCORPORATION
THAD EURE OF
'Ght: ihPY
UtOPOWHEACH HOMEOWNERS' ASSOCIATION, INC.
In compliance with the requlromente of Chapter 55A of the
-
-North.Carolina Ooneral. Statutes, the undersigned, a natural
j;person of full age, has thin day executed these Articles of
Incorporation for the purpose of forming a non—profit corporation
and hereby oevtifies:
ARTICLE I
The name of the corporation is Pebble Beach Homeowners'
Association, Inc., hereinafter called the "As000laticn".
ARTICLE II
The principal and registered office of the Association is
located at 323 Now Bridge Street, Onalow County, Jacksonville,
North Carolin-. 28540,
ARTICLE III
Frank W. Erwin, whose address is 323 New Bridge Street,
Onulow County, Jacksonville, North Carolina 285110 is hereby
appointed the initial Registered Agent of thin Aosoeiatlon.
ARTICLE IV
!' This Association done not contemplate pecuniary gain or
' profit to the members thereof and no part of the Aesoeiation's
;bl t„kRS',�,ball inure to the benefit of any of its officers,
droctors odm"®m1s®i•a�or"`hny`°other privabo-dndivldual. The
purposes and objects of the corporation shall be to administer
�•.,,-' the operation and management of Pebble Beach Condominiums
(hereinafter called "the Condominium"), a condominium to be
established in accordance with the laws of the State of North
Carolina upon the property situate, lying and being in Emerald
Isle Township, Carteret County, North Carolina, and more
particularly described in Exhibit "A" attached to the Declaration
-: of Condominium and incorporated herein by reference; to undertake
the performance of the acts and duties incident to the
administration of the operation and management of said Pebble
Beach Condominiums in accordance with the terms provisions,
- S,�-conditions and authorizations contained in these Articles of
`i J:?%a•,r Incorporation and which may be contained in the formal
Declaration of Condominium, which will be recorded in the Public
Roeords of Carteret County, Nort-n Carolina, at the time said
property, and the improvements now or hereafter situate thereon,
f are aubmitted to a plan of Condominium Ownership; and to own,
operate, lease, sell, trade and otherwise deal with ouch
property, whether real or personal, as may be necessary or
convenient in the administration of said. Condominium.
�['.�`1�U R+kltA73%itRcxr-1 vn: �LP:•:i':�-s' - d. �:_�,:..:,. .. .-. ..
4
4PPA

.4 r. 1-R Et VVrpVC#dLd VIA mxHL L+Va" —,. -.
privilQnu granted to llon-pt of5 a rs4>y tin sz, nft-v tit;
law. pursuant to. which tilis•CorporktAen is chartered; and
all of the:`pawora-.and p��ivilogas which--tIey he wcant:ed
i.> unto said'sr�?vr➢oration uhdnr:any.,Qpp11o¢1>l0 lawn of the
;.''• Mate cP-Plorth Carolina,`tnaludixtg tho_Unit Crnorahip
F Act.
2. The Corporationrohall have.all or the porlers reaponably
noaeanary to'implement �end'offeatuhtn tho purponsrs:of ; the Corporation, including but n6t'limitod to dhe'
following:
r W To make and establish.reasonabie rules and regula-
tions governing the use of Condominium Units and
j .:• Common Property in the Condominiums as said termo
! may be defined in said Declaration of Condominium
to be recorded.
-{
,.,�. (b) To levy and collect asasesment's against mambos of
i`•)r the Corporation to defray the comwon expenses of tha
Condominium as may be provided in said Declaration
of Condominium and in the By -haws of this Corpora-
tion which may be hereafter adopted, including the
right to levy and collect acaossments for the
purposes of acquiring, oporat-ing, leasing, managing
and otherwise trading and dealing with such
. ,. property, whether renal or perso:,al, including
Condominium Units in the Condominium, -which may be
necessary or convenient in the operation and
management of the Condominium and in s000mplln,`.ing
i.�v�?4gi^'>>+:5iiehsa•»5.;x-..y+.•xta;,,-&,�24i+����iRo��.�,nd.�'- �h ..�Si..-��:a.i7#6�'.��BrY- l!� ..
Condominium.
(c? To maintain, repair, replace, operate and manage the
Condominium and the property comprising samo,
3 including the right to construct or reconstruct
improvements after casualty and to make further
improvement of the Condominium property, mid to make
and enter into any and all contracts necessary or
desirable to accomplish said purposes.
(d) To contract for.the management of the Condominium
and to delegate to ouch contractor all of the powers
and duties of the Association exooPt thone which may
be required by the Declaration of Condominium to
have approval of the Board of Directors or member -
chip of the Corporation.
i

sari BZIr E504 --
(a) '1'o acquire and enter into, now or at any time
hereafter, loasae and agreements whereby the
Association acquires leaseholds, memberships, and
other possessory or use interests in !ands or
facilities including, but not limited to, oximaing
Poole, tannic courts, and other recreation facilitien
whether or not eontlguoun to the land& of the
Condominium to provide enjoyment, recreation or, other
use or benefit to the owners of Condominium Units,
(f) To enforce the provisions of the Declaration of
Condominium, those Articles of Incorporation, the
By -Lawn, rules and regulations governing use of the
Condominium which may be hereafter established.
(g) To exercise, undertake and accomplish all of the
rights, duties and obligations which may be granted
to or imposed upon the Corporation puruuan.: to the
Deolaration of Condominiums aforementioned.
ARTICLE VI
The qualification of the members, the manner of their
admlasion to membership and termination of such membership, and
votkng by members shall be as follows; .
1. The Owners of all Condominium Unite in the Condominium
shall be members of the Corporation, and no other
person or entities shall be entitled to membership,
except an provided in item (5) of this Article VI.
2. Membership shall be established by the acquisition of
fee title to a Condominium Unit in the Condominium, or
by acquisition of a fee ownership interest therein,
whether by conveyance, devise, judicial decree or
otherwise, and the membership of any party shall be
automatically terminated upon his being divested of all
title to or his entire fee ownership interest in any
N�'v^^'• ...... '' 90ndominium-Unit,.-o"apt•. that nothing heroin contained
shall be construed as terminating the membership of any
party who may own two or more Condominium Units, or who
may own a foe ownership interest 1n two or more
Condominium Units, so long an such party shall retain
title to or a fee ownership interest in any Condominium
Urit.
3. The intcreat of a member in the funds and aeneto Cf the
Corporation cannot be assigned, hypothecated or
transferred in any manner, except an an appurtenance
to his Condominium Unit. The funds and assets of the
Corporation shall belong solely to the Corporation
subject to the limitation that the owns may be expended,
held or used for the benefit of the membership and for
the purposes authorized heroin, in the Declaration of
Condominium and in the By -Lawn which may be hereafter
adopted.

am 632?ku505
11 matters on which the membership shall be entitled
ote, each Condominium Unit shall have a vote equal to
appurtenant undivided interest in the Common Area as
tooth in the Declaration of Condominium. The vote of
Unit may be cast or exercised by the Owner or Owners
aoh Condominium Unit in such manner as may be
ided to the By -Laws hereafter adopted by the
oration. Should any member own more than one
ominium Unit, such member shall be entitled to
Oise or cast the votes associated with each
ominuim Unit owned in the manner provided by said
aws.
1 such time as the property described in Exhibit "A"
he Declaration of Condominium and the improvements
h may hereafter be constructed thereon, are submitted
Plan of Condominium Ownerahip by the recordation of
Declaration of Condominum, the membership of the
oration shall be comprised of the three (3)
viduals named in Article XI hereof as the initial
d of Directors of the Corporation, and each such
vidual shall be entitled to cast one vote on all
are on which the membership shall be entitled to
ARTICLE VII
oration shall have perpetual existence.
ARTICLE VIII
Lvs of the Corporation shall be managed by the
the Corporation, assisted by the Vice President,
d Treasurer and, if any, the Assistant Secretaries
t Treasurers, subject to the directions of the Board
The Board of Directors, or the President with the
the Board of Directors, may employ a Managing Agent
ether managerial and supervisory personnel or
administer or assist in the administration of the
1 management of the Condominium, and the affairs of
Lon, and any such person or entity may be so employed
�d to whether such person or entity is a member of
Lon or a Director or Officer of the Corporation, as
be.
ARTICLE IX
7r of members of the first Board of Directors of the
shall be three (3). The number of members of
lards of Directors shall be as provided from time to
Vy—Laws of the Corporation. The membere of the Board
shall be elected by the members of the Corporation
Meeting or the membership as provided by the
is Corporation, and at least a majority of the Board
shall be members of the Corporation or shall be
!presentatives, officers or employees of a corporate
Corporation. Notwithstanding, the foregoing, so
e Beach Resorts, Inc. is the owner of at least one
.um unit, but in any event no longer than seven (7)
•acovding of the Declaration, the said Pebble Beach
--shall have the right to select and deaignate one
of the Corporation. Pebble Beach Resorts, Inc. may
I select the person or persons to serve as a member
each said Board of Directors In the manner provided
,ation of Condominium and In the By -Laws of the
and ouch person or persons so designated and
I not be a resident of the Condominium.

anx 632Pdi606
ARTICLE X
The Board of Directors shall elect a President, Vice
President, Secretary and Treasurer, and as many Assistant
Secretaries and Assistant Treasurers as the Board of Directors
shall determine. The President shall be elected from among the
membership of the Board of Directors, but no other officer need
be a Director. The same person may hold two offices, the duties
of which are not incompatible; provided, however, that the office
of President and Vice -President shall not be held by the same
portion, nor shall the office of President and Secretary or
Assistant Secretary be held by the same person.
ARTICLE XI'
? The name and post office addresses of the initial Board of
Directors who, subject to the provisions of these Articles of
Incorporation, the By -Laws and the laws of the State of North
Carolina, shall hold office until the first Annual Meeting of the
i Membership (or until their successors are elected and qualified)
are as follows:
Bobby N. Pittman Vernon G. Foster
306 Branchwood Court 3890 Vineyard Road
Jacksonville, North Carolina Winston-Salem, North Carolina
28540 27104
i
1 0. W. Tuton
133 Brookview Drive
1 Jacksonville, North Carolina
20540
ARTICLE XII
The original By -Laws of the Corporation shall be adopted by a
majority vote of the members of the Corporation present at a
Vim"_meeting of members at which a majority of the membership is
present, and thereafter, such By -Laws may be altered or rescinded
only in such manner as said By -Laws may provide.
ARTICLE XIII
Every Director and every officer of the Corporation shall be
indemnified by the Corporation against all expenses and
liabilities, including counsel fees, reasonably incurred by or
Imposed upon him in connection with any proceeding to which he
may be a party, or In which he may become involved, by reason of
his being or having been a Director or Officer of the Corporation
at the time such expenses are incurred, except in such cases
wherein the Director of Officer is adjudged guilty of willful
malfeasance in the performance of his duties; provided that, in
the event of any claim for reimbursement or indemnification
hereunder based upon a settlement by the Director of Officer
seeking such reimbursement or indemnification, the
Indemnification herein shall only apply if the Board of Directors
approves such settlement and reimbursement as being in the best
interests of the Corporation. The foregoing right of
Indemnification shall be in addition to and not exclusive of all
other rights to which such Director or Officer may be entitled.
ARTICLE XIV
An amendment or amendments to these Articles of Incorporation
shall require the assent of seventy-five percent (75%) of the
membership.
I 'l ii& is

�,�F�-• .-`SSA:-����.`_� Q �� 3� .r Ir �� .Y-
No amendment to these Articles of Incorporation which shall
abridge, amend or alter the right of Pebble Beach Seaorte, Inc.
to designate and select members of each Board of Directors of the
Corporation, as provided in Article IX hereof, may be adopted or
become effective without the prior written consent of Pebble
Beach Resorta, Inc.
ARTICLE XV
The name and address of the Incorporator is as follows;
Frank W. Erwin, 323 flaw Bridge Street, Jacksonville,
Onelow County, North Carolina 28540.
II WITNESS WHEREOF, I, the undersigned Incorporator have
hereunto set my hand and seal, this the �_ day of $gr�3•,
here /y of ILA.
(SEAL)
Franki.�rwin
STATE OF NORTH CAROLINA
COUNTY OF ONSLOW
g �eA—
Th1a is to certify that on the _L day of -A9,11, 1982,
before me, a Notary Public, personally appeared Frank W. Erwin
who I am satisfied is the person named In and who executed the.
foregoing Articles of Incorporation and I having first made known
to him the contents thereof, he did acknowledge that he signed
and delivered the same as his voluntary act and deed for the uses
and purposes therein expressed.
Witness my hand and notarial seal, this the ,L_ day of
KpMl t.N
1982.
-gSYI
(SEAL)
�� NOTARY P BL C
Ny commi i If WhiY$ a 3_ _ 19—f—
061
N(a COUH� a; ofle faflynaF,�.:i13�. aH tice _ 6- — day
of i r award recorded in Book _�[__y
Page Of ice of the Register of Deeds, Carteret
County, North Carolina.
Sharon Pincer
�.. a 'sN.r If Q ,
ByL
pepuly
NORTH CAROLINA, Osauv rnvsot
•"b
Tnv (areYolei tertlaeelepl of Patti P. Brown
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I STATE OF NOiUft CAROLINA
COUNTY OF CARTERET
DECLARATION OF UNIT OWNERSHIP
UNDER CHAPTER $7A
NORTH CAROLINA GENERAL STATUTES
FOR
PEBBLE BEACH CONDOMINIUM
THIS DECLARATION OF UNIT OWNERSHIP. made this the let day of
.tune, 1962, by PEBBLE BEACH RESORTS, INC., a forth Carolina
corporation, hereinafter called "Declarant", pursuant to the
provisions of Chapter 47A of the North Carolina General Statutes,
as amended, sometimes hereinafter referred to as "Unit Ownership
Acts and O.B. Hawkins, Jr., Trustee and Cameron -Brown Company
which execute this Declaration under the provisions of that deed
of trust recorded In Book 473, Page 115, Carteret County
Registry:
W I T N E S S E T H:
i
THAT WHMEAS, Declarant is the owner of, or may acquire, �
certain real estate located in Carteret County, North Carolina
(herein referred to as "Development Area"), said real estate
being more fully and particularly described on Exhibit "A" I
annexed and attached thereto, made a part hereof and incorporatedi
herein by reference as Pally and to the same extent as if said
description or descriptions were set forth herein verbatim in
words and figures; and 1
WHEREAS. Declarant is constructing on a portion of the
Development Area a development consisting of dwelling units and
attendant facilities (herein referred to as "Project") and the
Project, when completed, will comprise living units (hereinafter
referred to as "Duelling Units" or "(snits"); apd
WHEREAS, It is the desire of Declarant to submit the Project i
property, described and referred to hereinbelow, together with
the improvements thereon constructed or to be constructed. to the'
provisions of the Unit Ownership Act to provide for the
condominium form of. ownership; and
WHEREAS, Declarant also desires herein to provide and allow
for the submission of Additional Phases to the Project as said
Phases are developed and completed, and to provide for equality
of rights, privileges and obligations of all condominium unit
oanees in all Phases of the Pebble Beach Condominium Project by
amending this Deolaratiozi of Unit Ownership as said Phases, if
any, are developed and completed; and
WHEREAS, Declarant hereby establishes by this Ueclarati64 or
• �..:: "Unit Ownership a plan for the individual ownership of the rea2
proporty estates consisting of the Dwelling Units and the
§ eo- ounevah1p by the individual and separate owners thereof, as !
itenants in oom:mon, of all of the remaining Project real property,
which are the Common Areas and Facilities of the Project
(hereinafter referred to as "Common Elements").
my. DAWMe
rr_XE-13
V �rp -"I
NOWT THEREFORE, Declarant hereby declares its intention by
filing of thla Declaration, to submit, and does hereby submit,
the follo+"ing real property and Improvements thereon (the Project,
property) to the provisions or the North Carolina Unit Cr4nership
Acts being Chapter A'7A of the North Carolina General Statutes, as
a co�a�-Minium project; and further desires to impose upon the
said property a general plan of mutually beneficial covenants,
conditions and restrictions for the benefit of all of the owners
of eondominium units therein:
HEINO all of that property described on Exhibit A-1
attached hereto and incorporated herein by reference
as 1r ru2ly set forth, and referred to as -Project
Area",
i

Novi, THEREFORC, Declarant does further publish and declare
that all of the property described in Exhibit A-1 hereinabove is
held and shall be held, conveyed_, hypothecated, encumbered,
leased, rented, used, occupied, and improved subject to the
rollovang covenants, conditions, restrictions, uses, limitations
and obligations, all of which are declared and agreed to be in
furtherance of a Olan for the improvement of said property and
the division of the same into condominium unite, to be called
Pebble Beach Condominium, and shall be deemed to run with the
land and shall be a barden and a benefit to Declarant, its
successors and assigns and any person aequiring or owning an
interest'in the seal property and improvements, their grantees,
successors, heirs,.executora, administrators, devisees and
assigns.'
1. Definitions -
Certain terms in this Declaration, the plats and drawings
appended hereto, and the By -Lams recorded herewith, shall be
defined as Follows, unless the context clearly indicates a
different meaning therefor;
(a) "Declarant" shall mean Pebble Beach Resorts, Inc., a
North Carolina corporation.
(b) "Project" shall mean the total of the real property
_.icorpovated herein and described hereinabove in
Exhibit A-1, together with all structures and other
improvements thereon, together with such other
portions of the Development Area as may from time
to time be added to and incorporated in the Project
Area by amendment of this Declaration.
(c) "Association" shall mean the Pebble Beach
Homeowners' Association, Inc., as the same is
created by this Declaration and the appended By -
Law s .
(d) "unit" shall mean that enclosed space within each
duelling entity or apartment as shown on the
engIneer's drawings filed concurrently with this
Declaration, and being further defined as lying
between the following boundaries. the interior
surfaces of its perimeter walls, exclusive of
decorative wall coverings; its floor substrate
under carpeting, vinyl covering, or other decora-
tive floor covering; and the interior surface of
its ceiling; said "Unit" shall also include its
doors and door frames and glass in doors,
solariums, and exterior windows also including the
air conditioning compressor located adjacent to
unit; but excluding therefrom all of those wires,
ducts, pipes, and other utility installations
which lie within the enclosed space defined herein
but which are for the common use of one or more
other units In the Project.
(e) "Development Area" shall mean and refer to that
property described in "Exhibit All, all or part
of which may from time to time be submitted to
unit ownership under.the terms of this Declaration.
(f) "Plans" shall mean the plans ar_d specifications of
the Registered Professional Engineer which are
incorporated herein by reference and which are
recorded with this Declaration as Exhibit "B".
2. Legal Description of Proposed future Phases of Protect:
.:s# -
Declarant, for itself, its successors and assigns, reserves
the right herein, but shall not be obligated, to submit
additional prope^ty in one (1) or more separate phases to the
provisions of the unit Ownership Act and to the provisions of
this D claration of Unit Ownership on or before the expiration
2 �.

of seven (7) years from and after the date this Declaration is
riled for.record, by .filing Amendments to this Declaration in the
Register.ot Deeds Office of Carteret County, North Carolina as
provided"in Paragraph 26 and 27 of this Declaration of Unit
Ownership. The property, or a portion -thereof, which may be made
subject to this Declaration and the Unit Ownership Act by such an
Amendment or Amendments is described on Schedule "A" hereof. The
additions, if any, to Pebble Beach Condominiums shall be made on
a portion or portions of said property to be selected by
.Declarant, if, being understood that any or all of said property
not utilized by Declarant for the purpose of construction of
additional condominium units for addition to Pebble Beach
Condominiums, as provided in this Declaration, may be, from time
to time, otherwise developed by Declarant, its successors and
asaigns, for residential purposes, either condominium Fee simple
attached housing for sale, apartments for rent or single family
detached housing, and/or for such other development as Declarant
may in its sole discretion determine, subject to applicable
goverament�,I- regulation and control, if any.
The total number of additional Dwelling Units which Declarant
may submit to this Decldration pursuant to the provisions of this
paragraph shall not exceed two hundred four (204) condominium
and
nd the same shall be built and added to the Project Area
on a density basis of not more than ten-(10;- dwelling units per
acre based on aggregate Project acreage. The total number of
units in all Phases shall not exceed 228 units. The right herein
reserved to submit such additional property shall permit the
addition by Declarant of any number of additional dwelling units
up to and including 204 such additional units; however, the
submission of one or more additional dwelling units as herein
provided shall not obligate Declarant to submit further
additional units to the provisions of the Unit Ownership Act or
to the provisions of this Declaration. PROVIDED, FURTHER, that
Declarant may cause other development to occur on the property
described on Exhibit "A" hereof, from time to time, irrespective
of whether or not it has developed, or plans to develop, any of
the 204 additional units on said property.
At such time, and from time to time, as any additional Phase
is subjected to this Declaration the Project 4 rea will consist of
the property described hereinabove, such property as may have
been previously added thereto by amendment as provided in
Paragraphs 26 and 27 hereof, together with such additional
property as may then be added by amendment to this Declaration as
provided in Paragraphs 26 and 27 hereof.
2. Description of Buildings, Units and Unit Desixnations:
(a) The Project consists initially of one building,
which contains 24 condominium units.
(b) Plana and specifications showing construction
material and methods for Pebble Beach Condominuims,
as certified by the licensed professional engineer,
are recorded in the Office or the Register of Deeds
of Carteret County as Exhibit B, together with this
Declaration, and the same are incorporated herein by
reference. In general terms, the buildings are or
are to be Constructed as follows:
(1) Foundations: on timber pilings.
(2) Ground level to first living floor: open,
on pilings.
(3) From first floor level up: good frame with
built—up wooden trusses.
'booL ub 'a,3��

i-
„5..
��wrMiZ ukdti � €t oiinl iiaad
"�yfia$ vfiirFy fl�.y.. 1 nlitu s`4ea. willa 'g p8rietirag
+.itA 'ca13� be P orlpplce� Li�h'.'ao,�eiru�tiori
px1ovidiig `in Air nQark 'nnd aL ecaiid srtehi-mAtion
_'j,:.. :..' ti{,. ',5r� •.q;. : 4
,t:rLj-- _t{;•`„ ice.
a 11�',�`��y r664 iaY1` 2 �e -h £ �
v4s�a1-bid Nth -'Oa Detiru~ k'
ana -V
. $ $ ] Q dIVidai1 '3in 'ti' 1j"tioni,
n'part e! by reralla , 4a rwgiilud,►sy. t3:e '3lor. th
]!ld; Cis'3'
..' �g�xs ceda�aidiriffi; Ciealti9 $re of =
rat;;?oafatant treated ldinbe# r and 'roofs. are.
plywood surface with �-�r
{ _ _ COp�oultioii
:-'!" :. - "Y i, 'J "A '1 df ' . -, _ -� 5• ii• R=' - s
31 Unit aeeirattone s
�e laeatiora; designaitien, ana arrangement of individual- " F
fl mice is s `e�opri on the plane refearenced above. The alpha
Mdentification,, unit numbers, and brief
w scpiptY�.�f euxits_ are more fully set out in Exhibit -tl- Which
ateiY".in full, by reference herein.
aocrimtion of 'Comecon Areas: 3
(h)`!:''General Common Area: The general common area of :Pebble Beach Condominium shall consist of all land
stherein together, with all improvements thereon and
i' easements or other rights appurtenant thereto ex-
cept those areas contained within units as defined
-In Paragraph 1.(d) above and excepting those
Y limited common areas as defined in sub -paragraph
(b) below.
gib) Limited Common Area: Certain portions of the common {
Area and Facilities are reserved for the use of a
particular Condominium Unit or Units to the
exclusion of other Units and are designated as
"Limited Common Areas and Facilities" and the
Condominium Unit or Units to which they are reserved
are as follows:
1. The patios, porches, balconies and decks which
are adjacent to respective Condominlum Units and
Interior access to which can be had only through a
a, Unit are Limited Common Areas and Facilities, and
.rase of such areas shall be limited to the Unit owner
`'Or occupant Whose Unit affords interior access to
J
iaaacia'Patio, porch, balconies or decks.
„Phe steps and stoups which are a part of each
iie-Limited Common Areas and Facilities and
- ks asrved for the rise of the Owners of Units 1n
Mve buildings, their families, g•; esta
;:F,..:•.There are storage closets, or compartments lo- _
to the rear of each building. These closets
cbmpdiltments are Limited Common Areas ana Facili--
;. z: °.• - xF-=.`':k'`"�"yf ea End their use is limited to the respective
a_ s P _ owners of the Condominium Unit with which
t' eac cleiset, 'oe `compartment 38 associated. Each
OP'Compartment. is designated as the Unit
uahich 2t is associated.
: �s dated.
TherB. are. attic spaces and air handlers located
y+y;-+s
h4rdi.# . Over. some units Of each building. These
�3yiaim° handlers located therein are
o spaces Arid
�ter! dozimmoh -Areas and Pacilities and their use
3ixtted- to• the- r+espectioe Owne7 or Owners of the
r --• c "• r y;;.4 : itor domirium Unit with which each attic space and
,handler are x:- associated. ,

F f � ��Y L� �ffiS Bffif�YltB i -]i-
�
` 'lhzare` 'Bib exist, wlil respect to the
ea81v9diai ilnitsa :'certain. easenx�ts. descrlbe.1
ae�ents shall rua pith the land axid .sh413 ti
bg ®�_.Vnt_ owners and the Associaitiai
auao+o ASefgnff
�-
` un'Jt'own¢g Efhf.I t► V0 W
4Fl0r OWl'ilru' 9,i3o all othrjo �W
f�.z��-i-��.4 ��'■.ilk!`oQ,'iy:ti]��y",1S8h7eg#:���
t.+�#lity-:1�lrxss ' oaYl4'.telavi '1
- - j 1
Ion, r�lif'ch.
finding, as the
: and t hetr hei4.
LP
rs,
ent in ; Woll., '
to toy
iq public
.5_ �" a rsd:o:e¢:oa$oQ'aa�Ees _oicateA.3n
: Unit p111111 be' UbJ'hA ­ W an ' eaa t ri ` a'vor 'of
t oe�ern hf.,gll atnert units tiof,ta+e'°tie"pipers,
duets '' cables, °�3re�s; cflmauitB� .puDlSc:utility
+,', f r .,-..13 itsp nBh�4 tx18Yi�f olliWl�'�B�`-811d'iOttlBt' Somon {
,41s-• �.l3tie� 'sctving''.isitciothec.:.unit-aind-ioaatedin ,
. ?+ a uch unit,'h:: $qa ,pf Aireotiri ;shall have the =
ri n of -: acoeflo Co'`,one unit ta`'3ns ict `the;' 'iaame,
o remove _violations therePro_ sa'arid to maintain,
impala os,`:replace. the eoimuur _f8dilities contained
hnref.n or elsewhere an the 4ailding;.at reasonable
.times and upon reasonable notice -to the unit owners.
M The goavd of Directors may hereafter grant ease-
ravnts Por utility purposes for the benefit of the
property, including but not limited to the right to
install, lay, maintain, repair and replace water
lines, pipes, sewer lines, gas mains, telephone
sires and equipment and electrical conduits, and
cable television wires over, under, along and on
any portion of the common areas; and each unit owner
hereby grants the Hoard of Directors an irrevocable
power of attorney to execute, acknowledge and re-
cord for and in the name of each unit owner such
Instruments as may be necessary to effectuate the
foregoing.
(0) Xn the event any portion of the common elements
encroaches upon any unit or any unit encroaches
upon the common elements of another unit as a
result of the construction, reconstruction, repair,
shifting, settlement or movement of any portion of
the improvements, a valid easement for the
encroachment and for the maintance of the same
shall exist so long as the encroachment exists.
(d) Each unit owner shall have an easement, as required,
on and over the common area of the project for
ingress and egress from his unit, which easement
may not be impaired by the Association or any unit
owner, excepting only such temporary interruption
as may be caused by required repairs to drives,
stairs, walkways or decks,
(e) The Declarant reserves unto itself and assigns an
easement on and over the common area for
construction of the Phases of this project,
4a la -,/y 5 . 403

a
-
'•
:x fCr�icEi3'` iitere�it",3 ;ELc coLanon areas of Pebble
easel o o Ciit ).clx`u- attribitabrip. to each individual unit
.e I',16- bsbb "'ai:. he" X*lstive #sir. maricet; value o the '
units, ti�i" s�'.aut i.ri.;Fohadu2e uC", attached hereto °and
9 ri�oi por a cg .hercwin by r vefe�nce. , [Note," ::ox,ever;' that said'..
ao op yea pet•tsa�nt9ges' are eiab jeat.•:to ii-tiffteilt a8 more a5aliy
pride ih gas agi•a�pha 2E�-`.hli¢ 2� nt this. Declaratidn. 1
ate
8y Eiger d Re ti`- s T4erion: 1
� SF'!�µ" '
c� •s. ch'.'w�# atti�lt be used for sinfle-ramily resider—
' ir. alp purnbaeC valyo • with the exception' -tti"e
$iars.nc �r, its agents shall have the right to ,
r�ainteist a Gales office or model .unit in one or
Pe. unite or its choice for the sole purpose of
the r4ma_tning emits In -the project, -said
lgmirlaLing upon "the sale of, the last unit by
advertising:signs, (including "For Sale" or "For
billboards, unsightly objects, or
tr4issti es: sire]7 be erected, Aced or permitted to
vn.the; property; but provided, however, this
` roregoing restriction shall not apply to the
activities of the Declarant or its agents during the
pei-lod of the initial sale of the units.
(a) No business activities of any kind whatsoever shall
be oandacted in any building or on any portion of
the property, ulth the exception of the activities
or the Declarant as described in Paragraph 8.(a)
above.
(d) no animals. livestock or poultry of any kind shall
be raised, bred or kept on any part of the property,
except that dogs, cats or other usual household
pets may be kept by the respective owners only, in
their respective unite, provided 4hat they are not
kept, bred or maintained for any commercial purposes
and do not endanger the health of or, In the sole
discretion of the Board of Directors of Pebble Beach
Homeowners' Association, Inc., unreasonably disturb
the owner of any unit or any resident thereof, and
provided, f-srther, that such pets shall not be
allowed in the general common area of the condomin—
ium project unless on a leash or carried by the
owner thereof.
(e) The exterior or the units, ix'icluding trim and hard --
ware, doors, unit number signs, and related exterior
features, shall riot be altered or decorated by the
individual owners in any manner without the prior
written consent of the Board) of Directors of the
Pebble Beach Home,)wners° As€Loalatton, Inc., and no
radio or televisic•� aerials or, other projections
may be installed or attached to the exterior of
any unit without such prior written consent. No
interior alterations to load —bearing walls or
members or to any part of the structure which
carries common utilities services shall be allowed
without the submittal and approval of complete
plans of such proposed alterations.
I lJ-Jf(d+ Y
3,�

x,
170xiouB or oPfenalve sativitie�s.'eTiall be, harried
x� 4 ' ►�i� Jr nr upon arty unit or; 1n the .common areas,° nor.
11 anything '3�e done the�eirf tending to souse'
floc ragament, iiiRcomfart, ; annoya3f or nuieanee
c�
atl�!�r unit owners, or to endanger their pe son
r ^Jg W JVL
4
�: ietiaae, rubts"1812, U'ash or srasta (Pf uny $ort shad
the thrown into the waters adjoining the:aondominlu •
.ap ,loot no on the`beaeh strand.3 -
bo t7 a . responsibility or each unit .der
"#he Board at Directors, or .i'eb�le Heath Hogg
.., iara° Aasociation; ;]Cnc:;L0 p"ventY flies dew op
' tonn¢ or any unclean, enieightly of . iiakempt conditions
ot.the common area, including the t1da1 margLn aY
_ •:^ _ '� •"� ,'-'-�-,' 'thte -beach strand.-'"`.-
(1) :No temporary structures or''any kind shall be -
'; ... permitted on the property at any tithe, excepting
®vsah $fractures as may be required by'the. Geniiral
Contractor while the Project or part thereof is
under construction.
(,)F Travel trailers, tent campers, motor homes boat
trailers or other like vehicles are permitted only
In areas which the Association shall designate for
the parking of boat trailers.
(k) All draperies or other window dressings in unit,
shall be white or off --white 1n color, or in lieu
1 thereof, shall have white lining.
(1) No open fires, including outdoor cooking activities,
shall be permitted anywhere on the condominium
property except in such areas as may be designated
}e for such purposes, from time to tune, by the Hoard
of Directors of the Association.
j} (m) Ownershlp or sale of "timeshare(s)" or "interval
ownership" in any unit(s) herein shall not be
permitted.
All restrictions and affirmative obligations set forth in
.this Declaration shall run with the land and shall be binding on
all parties and persons claiming under them for a period of 20
years from the date of recordation of this Declaration, after
which time said restrictions and obligations will be
:automatically extended Tor successive periods of io years, unleQs
an instrument signed by two-thirds (2/3) of the then owners of
_"`nmnita affected by such restrictions and -obligations has been
�'ecnrdedt agreeing to .change such restrictions and obligations in
.
-fit 'iES' ��rF•,���'��i+Qj�'.�4 ,. - '..-'- -.
Y 3 n"tie 'evert. t cat' a violation or breach of any of these
° a�estrietions;'ar of any other covenants of this Declaration,
ew "arfirmative -obligations therein, by any property owner,
,or, agent tlidre6t, the owners of other units or any of them,
®intly or z6verally-and/or the Pebble Beach homeowners'
.'Associatien,'ine., shall have the right to proceed at law or 1r,
rTeq to ,complete compliance with the terms hereof or to prevent
F, �e ir3 ol,s�i one car breach in any event.
AA

7 lei
i.Q:._
�" 9 '►t^Cccpfrriie8
i :f�paloi'hp tf. off°ita enforgemente
.8i 1. atr
aI::;,t t. rye ]. gat ons _
aRer�,o?i,,{t" ir
Fri
:ir+rd`'tt�=.laeiei"�.'tk�a�r�
"ay°i�`y
.: r11Li4ri 1@Lt w r
-JI.`M7t' 7+394�a `T' � � � ..•h1r�+3� thA.- 01Y`:,a1T8j�i
NYV�j12YgOB ' O!!'7�RF'.='tt#4Rfitt�ivg�;P S'J&rl'.,$=":i-, +: k
';� ,3C+-. ifl�j �P.lil7u6Bae� 91''.the #�+
s. sueb ' +ifi�;".tea +a too °Q ` opt9e 8t[ s.`eeC pt'ad' and °�stiP a
9c alpar�t said ,id .rot:
,#fit: fro bs. cn►re�:�*ite ;�4� px`o�ri,.�lone shall
.r:r bIId =',y. PeC'L h8 Vli'. at l� Ali=sill$ i4ith'a .Blld�
6 ariS+'t1me any Interest or':estate
}C.iil n4oh u4aEL;s$ tba aur__h' PI'DVistans lieki-e made a"p3art' ti#': each VO-.
' evRi*y @d Wit. CQPV#YaA10$ or ?}$.flew I&
RuAes alidl
a$.Board of Direotora of Pub`ale Beach Hameo►rnera'
Association, Inc. shall have the authority to implement and �>
interpret the'f6rego1n9 restrictionu",,and
the enactmentaffirmative obligations w
byof reasonable rules -'and 'a^egulatinns Which shall`
be published and bade available to all unit oarners and their.
tenants and guests,. -and the said Board af'Directore shall have
the authority to enforce -.such reasonable rules and regulations by
denial of the use or the common area and its facilities to such
violators until the same shall cease. and may further -levy fines
for serious infractions in an amount not to exceed Twenty Hive
and no/100 Dollars,($25w00) per each offense; and provided
further than written alleged violators shall have at least ten (10)
hearddays by.the Boardeand shall of Directorseinftheded n event theortunitto alleged violator
desires to centest the application of these sanctions.
10. Management:
Management of the affairs of Pebble Beach Condominulm
shall be the right and responsibility of the association of unit
otrr.�rs known as Pebble Beach Homeowners' Association, Inc.,
hereinafter referred to as the "Association,"; and sapid management
duties shall be carried out in accordance with the terms and
conditions of this Declaration and the terms and conditions set
forth in the By -haws of Pebble Beach Homeounerst Association,
Into., a copy of of which is attached herto and made a part
hereof; Provided, however, that the Association shall not be
organized to take over the management rights and responsibilities
until 1.20 days after such time as a 'total of three -fourths (3/4)
of the inns in Phase I shall have been sold by the Declarant and
conveyed to the Purchasers thereof, but in any event no longer
than five (5) years from the filing of this Declaration for
record. Until such time, the Declarant shall have the entire
right and responsibility of managing the Project.
1tt&,1C�� b�� %

0' g� ��ix.>sp'3j%6c,, e- `f -'7 r w ar •. _
thofi additional "propty s s+IburYtted to' the terms -
�A
4f9 Ana -n -=fA1 n--1'tn.aheriabi.Ofi • .ln i.[i PtIB.SE or - -
4.
A, rr
1�tr#alivasiia nrG±�t�anpans t,iaities or
-ar' F�dti3tianti Phase -or Pfrtatis_ uiiless;`and anti] 720
`'�dq�B,,:,Gf� a�c��aa au n �.�Cal oP,_tbreertaurths:.'{3f�6) of the
-hate baen said -.by the Aecla.rant and conveyed
t.r rtue pirJa��erL eiacwi'.
j�yd to be paid by 'Vdreliesera in' any
any.
+et'.'iq n9 a@"by''th6-' looctiatxoA:. shall bo' pal. to':the
T UEi38�8ri14 and tYie,woting`ri�ri�to .�sC,,^�ci�ng to tg By=Tsaaaa
z` �igiaaoa_iat d.iiitli"iiic UhiC� �r}i l�. be. exercised b" the Declarant
> u i ' IPQ +'af ei�.; t nos-arcurti�is f3l tiP theyiinits it all
r ,
,un 4 )
=p oiea uha�Y,',have heea ,eoid altd conveyed; but in._any event no
±. ou[tgk:C':):..yeaE4 .rLroi6 Vhe' riling of tiii$ .Declaration,
�tl-atcb'_i}Se:Fvclarcagt shams account to tie Association for
ppuGkA.;a soadmarY; s ar1d. 9lpuxi pay to thei Assoclation all
i4i3oien s fit'. such, tithe '. all osiers"oP units in
r; `�a1rrcYa all -OP � voting �rlghts:>or :members or the
1��} r{ btivatari Srg f�Yo. A�r4ve. 'm-iLnugement rights,,
..!L"'-V p0an lriA.e4 prsd aontro3 shall be undertaker. by the
Asoosirflon .0 r6-11''Phasea no 'later than five (5) years from .he
t
rS ,fie ' of tt)-4C2 c4€'43'.ng 'of the conveyance of the first unit to
V-3 o 814 J}Pc3$rant is the owner of at least one (i)
CondomIniuu Unit, but in any event, no longer than seven (7)
,.r�tter 'the, filing or the Declaration for record, Declarant
sha11 Yub�e'ihe right to designate and select one (1) of the
-%Per'sons *hit 'shall serve as a member of the Board of Director:$ of
:..::_:the Association. - ..•::.. In the -ever. of -dissolution of Declarant at a time when
�it is the Owner or a Condominium Unit, then the rights of
Declarant shall pass to and may be exercised by its successors
receiving ownership of any such Condominium Unit in dissolution.
tip.•
Whenever Declarant shall be entitled to designate and
select any person to serve on any Board of Directors or the
Association, the manner in which such person shall be designated
shall be as provided in the Articles of incorporation and/or
Sy -Laws of the Associalon, and Declarant shall have the right to
remove any person selected by it to act and serve on said Board
of Directors and to replace such person with another person to
act and serve in the place of any Director so removed for the
remainder of the unexpired term of any Director so removed. Any
Director designated and selected by Declarant need not be a
resident in the Condominium. Any representative of Declarant
serving on the Board of Directors of Association, shall not be
required to disqualify himself from any vote upon management
contract or other contract, or lease between Declarant and the
Association where said Declarant may have a pecuniary or other
interest
Similarly, Declarant as a member of the Association, 3`
shall not be required to disqualify itself In any vote which may
come before the membership of the Association upon any management
contract or other contract or lease between Declarant and
Associaation, where the said Declarant may have a pecuniary or
other interest.
ll. Assessments: Y.Each owner of any unit, by acceptance -of',the' deed .:
thereto, whether or not it shall be so expressed In such,deed,_is
deemed to, "and does thereby, covenant and agree ga monthly
--asseasments in a pro rats, share equivalent to--7such:unit�a
awmrship interest in the common. area (said'6jiuer8hip:
-being derined in Paragraph 7 above) for'the common -expenses of
the upkeep, maintenance and Improvement of the'comman area and
Porgy expreasly designated services provided to al? unit owners in
the co dominium project.

x la
_ 3- 5.�".:.r `t'�.b.,. `8q yfy{ ♦ +'_'1 . }r, S _t- r ."__.: .'."i_. ..
M.
=�;��y;: �;r ,7;:�.':'h':,ti��uoo#.a �',. •`Fi .�� � +�wrstr�rk+�.�txr�,l .. ,5�oriti the. �,,
EL
M21
a r6fir ro rat me ;J q;k4"�iQt}r@B 49 ` .l��` �Ol_l hq dkia and, �� able -, _
L .9' _ f 7 Ora . r' ,3:Qri
by§et va Trait f'rora +'he lJel,
In additJO �-
-`Have �uore�d. r���tlir`otapn � � ��,•-,..` �:'= �''
_t s5sli= as,u+cw to ' be oalXeistj : Hopi `'
Gk1L1 Rkh r:C4"'t OYZt 7 �
_-,4 tLDsoglieoaC pjjjentd i3 'tie 'diie and]. yab e ' ';=
�," �raerea*ter, Bclarant-.st-ill Use sOtr� air t;r .tYic `
xike�p`"[9r3is#.gEeirarice or the domirrOn area,
pe ion"' ar
s'i *OI�On�;bCiiioit¢re�7Lvtae�7� to be Ppovidecl63►rt?=e A43*isl%tL2ouhao
r _ Ur+einafter in" Paragraph 120' and 'Tar: the: procurement of
s O l a kbiVa br(sard, flood and, liability Inaba trtrCe cove ring' the I
Unit o 8rid Colo m axes, At the'time 'br closing":b tdio',:enitial" -
u�,t by the Deelasaritb the pit2'CharsBr niuill also '
"Pay, '=tase• DSb1"bLkt; a pro hits a" 'repreaeriting firs balance of
the prikdjlaia �OrANIZuranee which have been pre -paid, by the
Fµ ahnll pay an amount equal to the .remainder of one'
Promium is fire Declarant for the Association as" a
:��°e—Pa9munt:,fir the next annual premiums During suoh intecvai,
..: :. ae, eAsriint is all euiaple�rent Sal assessment by`guch amount as
a' `'- auirec� to met such ex eases and w :. p provide such services
sit , �re':'t equfi 4�d under the provimions or this ; paragraph _and
4 ,. ... ? °affira ,Z2e tse3oum but shsl:t not be fiirther." obligated to pay
sesdments #'or unsold units except as set out -below:` The '
<'- clarant shall then surrender all remaining unexperided funds so
llected by it to the Association and shall make a Pull �
accounting to tlap Association ter all sums spent from the amounts
;collected -by' him and shall transfer to the ownership of the
'Association all insurance policies then in effect on the R
oopcl�mInIum units and common area. The Directors of the
' ABsoaiatiM"Shall their establish an annual budget and may adjust
-�4ittie_assessment as required to meet such budgeted expenses. The
:r• o!grip V.:0P. each unit, including the Declarant as to units on which
Cer'tL'1ddt6' aP Completion has been -issued but which are unsold, !
' shall;tiaereafter make all future payments directly to the
''A aoOl' ion for all common expenses in the montnly amounts set
= A4t." vO "r 9,9 adJusted by 'the Directors. The Declarant shall
«
,`v?ter..o pay its pro" rate share monthly payment upon
_.lidaurugbe.'ti Dartifioate oP 'Completion at; the rate, however, of
On. Ourrent assessment; and thereafter so long as the
Zat.:ta exceed 60 days after the recording of
'42e fie et �ir�itir� th&t PirBse,; 'at 'trileYt Lime all
m" a : etioll tie paid 'at the full then current assessment.
.Prl a of er3
Assessments: -
n "-, - Y '` : ":,,•'ueest�?neot s paid to the Association shall be uaed
m '�+ xY;= p-� om6te".. the' redreation '` hea3 tli; safety and welfare
4 � 4 , of 1Qebbae Beach �Condidniiriwna arid, in particular,
i
t'`,a- +;gS�lOitioir; ilpi^ovesaent and maintenance oP
e g ati rx litiea :il voted to" Y,his ` properties,
purpose and relating to
'. M M_ drxat;te► ce, of the tiuildirirs• and units (excluding
aterlo"r, .doors and" light fixtures
^." airh7n ;for-the."use andarea arirtA:'aCill.ties `" includin" b
' l , d tG*rs l}g; Cast tar liquid ,waste dis osal arti e' ut not
z r ' _ �e� d�� �t rl F S A&
cs#in;lgOttSrit.y for ttie eommbrr area and facilities
{iE'sF#d:s1!re Vdsl.on, the payment of taxes assessed against
a.-,.. .
n' nt` r = dUd facilities; the-proeureinent and maintennce
R diagard: insurance `coverage' on. ti a common area;
,
Grneya_?;aacauntanta., and-proressior_al
.•. , '_ =rhri dePmsd :rieessary :or'.advisable by the
o i8 :,da,. filch air rae_jsy.
: !ts .. nratr se
_..__. 'r`rr':LLt , t � __.�__�" .I;F, ,rc .r3$:���y:• ;�'" r;3,-

fJ
iv Yi s e
'���i'•!••u I- iT' � -5555�����''''x �.4�F:�: = .5 y � ' � 154{.' i � 21 _�.•', _ .. .. '. , .
�f:.
5j � ^.4�k�i�i } �pC *., � • �:pr _,�� � � �'�f',j■yy■f._Rt�,jl,�, =
roses, �.� � ,� 'x��• ..�,. ���� � $ � '��, . "s�=-;., .
Y! f vP1.15 ':: or.2 ` ho
-i#"' �r'?fti'�# �' f r1iiCCprisesi. '
;wlt�C�.f� ;'trdtfrlIiT`'{' y!ei�a''nt t.jxe
a. Ak
NE[!z ..li. ..i 'to=lha'.arep$lzr3 ar><tty`f't ea'
per � VFi''J@¢fr'0el verb-, it. .8
i?acisrsen ,_ �Ja f+8us� ._lies:.aoal o ted f[4rR fie':.iiR t 'time ..an
;mount 'eflua-.maM Yrn� :-49a+�aamant Per Qa�lrl Vr-;:.:;T�x}a
asa�unt shy �-'e �"co1�.rated'arid-idal:rtainV4 vil s09rethted'no;ount
the'Jlqa#tiaiatioas wise. At alSaaa3i�E:s1 ��wdnagement,
> '• F.
for he e®1� purpone anti uaa as 'a'1 w4#king sxapli�I.'
Monthly-adesment may he. Mado In acaordenee wi t'h laaroeeduA�s
oratlined Li LiarFagraphs .lX, 1 .:'arid- 1.3 ahova.ralrtiti:.bM�ters.
Declarant.' shall iraot be' 8�gdAr1ad - to ooritt`ibate 'sail! +r111+1a! 'tiro
(2D montbee a4oupat'O-n aro.. unaold unit, 'but s)all"pay. an.V ruonthly
assessment made fair Capitil Improvements as outl±red in paragraph
11 above
=Ara kdditiosi to the apaeaamonts specifled ai,,ove. the
lAas,3040U i.c-a may Levy, in a"s .calend&r year, -a, special assessment
ror the purpose or defra.7isig Arn wtroza or in part;<,.. the Coat" of Any
construction, reconstruction', reyaiv or'replao4ment of capital
improvements upon the common area, Including fixtures and
Personal property related theeeto; provided that, if any such
expenditures shall exceed the sum of $100.00 per unit In any one
year, such assessment shall have the asaant therefor voted by taco
"''girds (2/3) or the members of the Association, in person or by
oRy in a regular annual meeting or in a meeting duly called for
this purpose.
15. Date of' Commencement cf Association Assessments: 4'
Assessments levied by the Association on the owners of
Individual units shall commence as soon as practicable, but in
any event within thirty (3©_), days, after the: formation of the y
Association and the taking over of the suanagement of the
condominulm develo�ment Prom the Declarant and the preparation of
the first annual projected budget. Assesssierit8 prior to such
time ab all.be paid to the Declarant.
16. Creation 'of Lien and Personal^ 0b1JLgat oris of
!Assessments:
The assessments called for heretnabove, together with
Interest and costs of collection, including court costs and
reasonable attorneys' Yeesp'"shall be a charge on the land and
shall be na contlnuing lien upon the property against which each
such assessment is made- .Each such assessment, together uIth
t interests coots And reasonable atttorneys° fees, shall also be
the personal obl•i$ation "oP-.the person who sias the owner of such
t�; t the .tlao.,_when .the ;assessment ell -due. Personal
obligatlan for Ce�3YC ------ � �eemeip.t.' shall'nat pass to his
auoceasors .iri tit!® .unless. ;eiipre$slY assuatmed' by.: them.
``f= _: . '' ' =' I

W
L
V
arty, 30 I�Y, --f tar
. . . - date -at: thi.
Ar 1, a.>tod'. t
'1 7
? R s
b4i�r'- 6ri.410ROW
%� I f.
Pit",
uclt
I 1w,:J%4da Vp 0 , RMO 11
r -_ . ... . I
'­-PJ.4PP 1h `4­ .
V�M
ID di�: h exieln
Va oy:
-:4,5DA, raiollcit165. Tha .8 IL L.d 61
On-gr 0 power",. 16 it'-.
-XL MIS
T1R.t 01 exceed rive
OL .TO 4mem-mem, a
.any ov"i6r'whose
"T"­'t,- .............. -Wen'to'No V
M -3
A
VAy sled,fO here, in 'haia be adboid Inate'to
of
bed of trust
art.
TV. or deeds eat the
-mav"Sho. -not,
-the section- However,
a -preceding
:un—'It which is subject to any mortgage
the - ha 9.Or
u.roreelosure thereof shall
&'A -
®xtixag
or - 4. a - -. rle u n of as to the payment thereof
1�ihjeh. heauili* '.d . an P6 gals or transfer, but shall not
jfiiu�sji6 tilibilIrty 6f the owner'Tat. the time the -
eV6 such
"aeasmeat rell. due. MO 6 . 10h eal6 or transfer shall relieve
Witt -rrow, -12ablitt-,T;,ior airy axpaeasments thereafter becoming due
or,. r the lijin:,th6paor,:a to the lien oJ but the liens provided for shall
continue: -to be jik�61�d%r$tr any mortgage,
�
a6rtgagez�* deed'o.;.!.'t-upt,.or deeds of trust.
18.:-Exterior Maintenance:
In addition to maintenance upon the common area and
raollitles. the Association shall provide exterior maintenance
upon each unit which is subject to assessment h9reunder as
follows:, paint, repair, replacement and care of roofs, decks,
gutters, downspouts, chimneys, shutters, exterior building
surfaces, trees, ah)vubs, columns, railings, walks, and other
exterior improvements. Such exterior maintenance of individual
units shall not include glass surfaces, exterior doors, lighting
controlled from within a unit. In order to enable the
Association to accomplish the rore&olng, there is hereby reserved
to the Association, as well as Declarant until such time as the
Association takes over such duties and responsibilities, the
right 'to unobstructed access over and upon each unit at all
reasonable times to perform maintenance and repair as provided.
herelfi.-
In the.event .,thlxt the need for maintenance. repair or
I common area dri 1'i; "Otbev "Ai1fd't 'caused
replacement in the a a
through the willful.or negligent act of the owner or Owners Of a
unit or units, or the family, guests, tenants or Invitees
thereof,
ereof, or results from causes excluded from coverage In North
Carolina Standard Fire and Extended Coverage Insurance policies
or other.cove I rage I which may be provIded.Oy the Association, the
that
amunt fulling under, deductible limits'. `be added' to and. -
become a part of the assessment to which the . v . nit ar'..uats 'or-!
such Ovner_or corners is subject.
:LA
ii
001_
*M
JL
I WE
3x" Z
_q
- ­

r tirN - �r��A ',11�SL1 and Reconif, Otitis _ - Br -
, L�.,
S
_�- 'tvkx�, F'' �oiloraing qb3°a$l's1ks'i .,.�;'r
li{1C.i a1 CV
81f`+$i?1
dna,41Ch + ,re lacemerit' Taoat`, e�edo
'annual 're YAPiPaK4e-t?�iixt'•;''.._t . �4'7 ti .
decluCtion or ialloriarice for- depre6Tat1
"b
k, . `�., ,' _-
° .., x ;`r-
deteradned annuall � �e s
Y the; dos. _ of''`Directorn
of -tbe. unit 'axnera Asso6i�tion-_+ai
.
uaciatsnce of the insurance comp$nq'affording5j ,
+•
_' , ... , - , .r.. _:'
.such coverage). such Coverage to, eefPord
protection against at least'the'follaa�ing: a.
loss or damage` by fire `or�. other- hazards
covered by the standard extended 'Coverage en-'
dorsement together with for
coverage common
expenses with respect to co[tdgminium units
during any period of repair_or reconstruction,
'as
and - M such other risks - from 'time to
time customarily shall be covered with respect
to buildings to
similar the buildings in
Construction, location and use, including,
'- =F.;�°=''`
but not limited to vandalism malicious mis-
chief, windstorm and water and flood (if
.z :;."`}�:• a�;`ta„i --: -
available) damage, subject to such deductible
amounts, not .in excess of One Thousand Dollars
x .: - -• '"-,-,,, j .
($1,000.00)3 as the Hoard shall determine.
All Casualty Insurance Policies shall be pur-
chased by the unit owner's Association for the
benefit of the unit owner's Association, the
Declarant, the unit owners and their
respective mortgagees, as their interests may
appear and shall provide (1) for the issuance
of certificates of insurance with mortgagee
endorsements to the holders -,of mortgages on
the units, if any, and (2) that the insurer,
waives Its rights of subrogation against unit
t owners, occupants and the unit owner'a
' Association. All Casualty Insurance Policies
shall provide that all proceeds payable as a
` `,� �x{ -result of casualty losses shall be paid to
the Hoard of Directors as trustee for each or
the Quit Owners in the, percentages established
=`Y
in this Declaration of Unit Ounership for the
purposes elsewhere stated herein and for the
benefit of the Declarantz the unit owner's
L ' °` '•` " Association the unit own , era, and their
respectiv
e mortgagees_
-
t The unit owner's Association shall Insure it -
the members of the Board of Directors,
the units owners and the occupants against
liability for personal injury, disease, ill-
:X mess or death and for Property occurs injury to or destruction
ofng upon, In or about, or
:�•:'
arising from or relating to the condominium
property or., any portion thereof, including,
3- without limitation, cater damage,, legal
liability, hired automobile non -owned
�.. 2x.,:!'{ automobile and off- remices employee __yn,S;•,�,,;:r,. F coverage,
such insurance to afford protection to a limit
of not less f:han One Million Dollars
-(4111000,000.00) in respect to personal Injury,
5;. j��r+�','n;'-;:'. 'dlaease, illness or death suffered by any one
Persoa;!and -to the 11mIt of not less than One
illlon Dollars ($1,Ooo,009,00) 1n respect to
4 4: " _ - -,Arty one•. �._ o.ecurence, and _ to,,. the limit of not
4 , 2 : xena than Five Hundred Thousand Dollars
13�3

ons
5,,..,4..�•�t Sa vo was riia . Or,' aqy }'ES47h' of. 47
•�` Re=l,y �-r- w ' '�.YJ~�i1 $m'�llP.�` �'J[L°6$G�Ia.Tt�`�:.�., ._r, 5�:`:':._.�_:i1•�:�
#it:rea�``�saBoQ<��i;�p `''-
rdeiiti4�b"el' •intt6raat `iii--the o}e on ,5�21:nti-.:'
i-Mve_ a- right ot`. ooatrihutton troe the
der un t"=uisers '8goilrtj ;to _oir
Oiapacid4u 'pence-nuge-a � :Entexent : t'i—the
dWmun eleidenta
The ur11t oner'is Aesoclatian iehal7l provide
...fidelity insurance coverage to protect against
dioho' neat acts on. the part or officers; ,
dI ectors; volunteers, manager .a and employees'
or, ouch Association and all others who -handle,.
be.;ai-e responsibl:e for handling funds or the
Association. Such fidelity insurance coverage
Ghall; at least, meet the following
requirements: (a) all ouch fidelity
insurance coverage shall name the unit owner's
Association as a.n obligee thereunder; and (b) ..
shall be written in an amount equal to at
least 150% of the estimated annual operating
expenses of the Association, including
reserves; and (c) shall contain waivers of any
defense bond upon the exclusion of persons who
serve without compensation from any definition
Of "employee" of similar eiekiression.
a-
(t) Y'remiums upon insurance policies purchased by
the unit owner's Associations shall be paid by
the Association at least thirty (30) days
prior to the expiration date of such policies
and shall be assessed as common expenses.
(5) All insurance policies shall be written with a
company or companies licensed to do business
In the State of North Carolina and holding a
rating of "A¢AAAAA" or better in beat's
Insurance 0uide.
(6) Exclusive authority to negotiate losses under
said policies shall be vested in the Hoard of
Directors of the Association, or its
authortxed representativc.
(7) In no event shall the Insurance coverage be
obtained and maintained pursuant to the
requirements hereof be brought into
contribution with insurance purchased by the
Of the condominium units or their
mortgagees:,1-as herein permitted, and any "no
other insurance" or similar clause in any
Policy obtained by the Association pursuant to
the requirements hereof shall exclude such
policies from consideration.
14

Ff
_All pnliciee ahall provide that such policies
:not be cancelled or substantially modified
9tholi� at'!_ha
thirty i30) days written
=Y v. ,, oti ae r.0_g3 isd afl:;Lnrureds,naimed thereon
afld e? inortSsPees of ...".the
.CULldo ni to
po ' oleo of casUA ; y Insisranae shall '
piavido— +:tibaft,, no*.vtitrirtManding any
provisions
:tL't}aei�eahi 4': , give . tiia - carrier ' the right to
a eet to. `rbstare' damag,u An lieu of making a
cash settlement,'such option shall not be
sz s=,aXsral$86XM without the prior written a pp ro-ral
.:,ttae;oax� ate. Director's of the Association
(or, any 'TwiiraTice Trustee) or when in conflict
,': • :-;-utth :the provisions of this Declaration of
:Unit Ownership or the provisions of.North
lfrag [snit Ownership Act as the same may be
-` ',Sn :foiye from time to time.
,'alp}ll.polIcies of insurance shall contain a
aaiver'Of subrogation by the insurer as to any
seed all cl.aima against the Association, the
oar Of of Directors thereof, the owner or any
condominium unit and/or their respective
:agents, employees, invitees or mortgagees and
;of any defenses based upon co—J=urance or
Invalidity arising from the acts of the
`:9raoured.
(b)
Unit Owners Policies of Insurance. The owner or any
condominium unit (Including the holder of any
mortgage thereon) may obtain additional insurance,
(including -coverage for improvements and betterments
to the condominium unit made or acquired at the
expense of the owner) at his own expense. Such
insurance shall be written by the same carrier as
that purchased by the Board of Directors of the
Association pursuant to the provisions hereof OR
shall provide that it shall be without contribution
as against the same. Such insurance policy or
Policies shall contain the same waiver of
subrogation pra-rlsions as that set forth in
Paragraph 19- W1D hereof. The Declarant recommends
that each owner of a condominium unit in the 7roject
obtain, In addition to the insurance hereinabove
provided to be obtained by the unit owner's
Association, a Condominium Owners Policy, or
equivalent, to insure against loss or damage to
personal property used in or 1neldential to the
occupancy of the condominium unit, additional living
expenses, vandalism or malicious mischief, theft,
personal liability and losses to Improvements and
betterment: to the condominium unit made'or acquired
at the expense of the Owner, and loss assessment
coverage.
._, a
� •Y:. '�.'J �"'fir"

property'� shall
e ' rCBpm'�SM1s (h). t 6,=,1l
` xraned by thy." ..ownera ,as "-
' ,, PMP003t eCtBin tan each
4 Cs in ..aoRmon_ .. which" Shall .aPP - .
t 'ovi r a*Ball be the percentage or undivided
rest" pras14ualy owned by:Brach owner litthe
e
,. y mmGri el�ruerit6; or
(ayany" liens" 8�fecting fer
In
& shall be deemed to-.T°rSor�lesrtodthe
� '-ea�eilac �p ;.th the :eiistiag p
r.'ercaa a et the iaaidivided i.-rests oherein;
1�un34:: otirger, In the property a�; -provided
€ � 3`
e progertg shall Ve.subgect to an
FelaElBp:.fir, sal@ roe partition �t the. suit of any
# it 4 �.F ,° which event thy:, net proceeds of
t er with the net 'pceeds or
� 1719t4r`8kl�A_, tC's, jr any, -shall be considered
be divided among all of
ea me fts Shall.
I!1 propOCt10R to t'the common
heir
+ sggcbllre undivided 'ownerahiafff, out of the
;eYe�ments, "after first paying
spective shares of unit owners, to the extent
'sufficient for that purpose, all liens on ;he
unit of each unit oanera No unit
ofshare
however, shall receive any Pion
oP such proceeds until all liens and
nc ceeor one is unit have been paid,
trs ,isaran �
•`.x°:in the event that the proceeds of insurance are
sufficient to repair damage or destruction
=_�re_uch
or other casualty ,or in,theye�asualty
r] SeW.or._ destruction.:iP caused y against, then
a abe1e.: �requ ed tti",.be-insured,ag n
h p tir .gar R canstr°uotion of ,the damaged tly
on elemersts-shalI'-.be accomplished p, o
:. y lie ASBoala�iori at "its cgmmon;.expense and the
,�fair„arse ruction ef.:anybeothe Associanit
o�ya11 roe=accomplished .proinp'tly . y -
'" pat'tYiE.;expense of the_.owner of the affected
..otsi3�la."share of the
T'f.

K
V
an
jSpy P CM Of
lilt-
M, M
jW1
bb"
4 -.- --' �% --, !jiWd�QkPr&GV- Prpviultp F W1�3pwk A-
-b . -. % - .. 'a ... t.
h --ffnebl I:
413 eCU 5 *IP Rue
'34- The. pmueedo. or, the Caeualty 1bL181irance rererreO
Ir
k rk Fare -graph . 'and
A3,1oc4.mtion :from-dlIe6t1biM of Special
sesamPnts against unit oiners on account of
such'. cae"Ity. shall 06nstItut6 a construction
furi high j3hjjj be ­41 -' sburse to the- i .
o a and be iLpp1iid'A)y.,Tth'e Board` of dof.
'Di"eatore to the payment_'of 'the.cort, 'bf
ieebiitruction and repai-`&Ifthe dondori¢inium
property from time to time as' the work
"'progreseez, but not more than once
in,any'
,any calendar month. Said Board shall make
'iu,--Piyments upon a certilZicate dated not more
.than,. fifteen (15) days prior to such request,
signed by a responsible officer or the
Association and by an architect in charge of
the work who shall be selected by the
Association, setting forth (1) that the sum
then requested either has, been paid by the
Association or is justly due to contractors,
subcontractors, materialmen, architects, or
other persons who have rendered services or
furnished materials In connection with the
work, giving a brief description of the
services and materials, and that the sum
requested does not exceed the value of the
services and materials described in the
certificate, (2) that except for the amount
stated jr. such certificate to be due as
h6r�isaid for work subsequently performed,
are 15 no outstanding Indebtedness known to
the person signing such certificate after due
Inquiry which might become the basis of a
vendor's, mechanic's, materIalmen's or similar
lien arising from such work, and (3) that the
.cost as estimated by the person signing such
certificate of the work remaining to be done
subsequent to the date or such certificate does
-'not exceed the amount of the construction fund
remaining in the hands of the Board of
Dir6ators after the payment of the sum so
qu%red. It ,sball be presumed that the first
In -PaYULent of such costs of
01VAO-rreeonstruction. and' repair shall be from in —
proceeds; `and If' there -le—a-ba-lance in
fund after payment of all
A
A 46-3

Z,
tln:.:and Pa. —Ire 10i,
:1 Nrtrz
F •0i .
L
1.6t rtq�lii -- -
Vr... I
Or insur6 6 OV MM74110
q� 11 on vri'Z
D� dfiee]
tpa - P t n're'q'uent -to"the 0. in6ria(Mucfi irkUi-6V'tbi atitiq the me and
UCIIit
10Z na
0 111 Cir, Ins I* hol 46 and tha­'unit
writ , ttAtiCe
My piopnued a[mendrAijifr or the cond6iblAium
..1hatt-umonts effedting P. change In (1). the
-'Wiindziries of
any unit., (2) .' the-tindi.vided
intereut in the common elements app
ertaining
jI zany unit or the liability. for common
expenses aPPa�161 ertng­fhereto (3)thij`jjumbe'
votes In the owneral Association appertain -
Ins to any unit or (4) the purposes to which
any unit or the common elements are restricted;
20 Any Proposed termination of the condominium
regime;
3. Any condemnation or eminent domain proceeding
affecting the condominium regime or any portion
thereof;
4. Any significant damage or destruction to the
common elements; and
5. Any default under the Declaration or By -Laws
uhich gives rise to a cause of action against
the owner Of a unit subject to the mortgage of
such holder or insurer, where the default has
not been cured in sixty (60) days.
Inspection of Association Book and Records:
The holder and insurer or the first mortgage on a unit
shAll be eilvitled, upon request, to: (a) Inspect the books and
records Of the owners' Association during normal tuuiness hours
and (b) require the preparation of and, if preparation is
required, receive an'annual audited financial statement of the
owner ,a' Association for the Immediately preceding fiscal
exceptYear.
that such statement wed not be furnished earlier than
ninety (90) d&78 r011Otting the end of such flecal Year. All unit
owners have reasonable access. to Inspect the books, records and
financial statement of the owners' Association, including annual
:audited!. financial statements where such are
prepared.
7- UJ
is

irenLas _iaaen-G, LO ra.x ren La.1 rates, or Lo require Lnau un1LS oe
made available for rent.
26e 1ditlone to Condominium
Property -Declarant completes future stages or Phases of Pebbd
x Resell Condoanihiuris, if any, said stages or phases will become
<-.-part of the condominium property by amendment to t.iis Declaratsbn
and the`unit o.uners of the Dwelling Units constructed on the
;:future stages will became members of the Association:, to the sam
extent as if their units *ere originally one of the units coveed.
"by this declaration. Declarant therefore, hereby reserves the
right at any time within a period of seven (7) years, commencigp_
on the date of filing this Declaration- for record, that Declarat
determines to take the action so contemplated (a) to submit frmi'
time to time additional stages or Phases of the Project to the
provisions of this Declaration and the'Unit Ownership Act, and "
(b) to amend this Declaration, in thQ manner provided in
Paragraph 2. hereof, in such respects as Declarant may deem
advisable in order to effectuate such submission or submission.5,
including, without limiting the generality of the foregoing, thr
right to amend this Declaration so as (1) from time to time
within said seven (7) year period to include stages or Phases38;
the Development Area and the improvements construcil-ed thereon -,a;
part of the condominium praper•ty, (2) from time to time to
include descriptions of buildings constructed on said stages df
the Development Area in this Declaration and to add Drawings
thereof to the exhibits filed herewith, and (3) to provide that
the owners of Units in the additional. buildings will have an
Interest in the common elements of the condominium property and
to amend Paragraph 7. hereof, and Schedule "C" therein referrdd
to, so as to establish the percentage of interest in the common".:
areas as to the owners of all units within the buildings on
condominium property at the time or such amendment or amendmena,
nhich percentage_ shall be,. with respect,toeach unit,, in: the
varla-as percentages to be shown and deseribed �. sai:d Amendmefit� = -'
applicable to the particular stages or Phases then subJected:mb
this Declaration_, which determination shalt, be made -by Declarat
and shall be conclusive and binding upon all unit owners.
Declarant expressly agrees, however, that there will not be
constructed and added to. the Project under and.pursuant to the-:.,::°
provisions of thi.s"Paragraph 26. more 'than a two hundred sixtep.;_ .:;
(204) additional Duelling Units which' will
all. Phases of two.hundred twenty-eight (228� units:'_�"Ueclarara� r`:
LY
an its Sri behalf as Darner of all units' In. the: condomini�ini_
r property and on behair of all. sUbaequent [unitowners 'he' reb -� -`
- consents and approves, and. each„ ustiitotraer acid his :mortgagee
acceptance•• or' a. deed conveying 'such onariei-shin' Interest
mortgage encumbering such ownership,_`3lntteerest,, `as'th.Brt,C se maybe;_:'
T ;Y

an
}eya nt,.r udin approves.,
.ii2to$ithenaenera 9 ty of .the
$yi Bs
j ` aro o .;the' vadgx±cbo6nt of this J)eclaration of -Declarant in the
? ter }+yi>add 1 this Paragraph 26. arid in Paragraph 27.
;� :�'.;:. ;} 3► ea R ,and,i 'duah unit owners and their respective mortgagees,
pax a OuVant, shall execute end deliver "Prof time to
yY ,. ' it1b1�fUm#n�i9 ared�perform all. sueh.ae>;a. s`'may Abe.
-_ $ tlet to he ngonssarY ox,.; roper :•tcs c eCtaate said
F-,w'444its 'to Aeclaratiar :
'unit 'over an+d lain respective .'rt s aez" by
eLaara''oti*nnr$hig rr
- ' intelreelt or a sort' f . , ga ediiuncber1ng such -ownership
"''tntereat, as 'the case maybes hereby i t®7ocably
,.:appoints Declarant his Attorney in Pagt:;. CoiapZed
witti' an interest; `acid authorixeaa"''iiirectB
a+mpiuweirs such Attorney,, " at the
options 6P tTie `�
Attorney; in the event tbbat Declarant exercises the
Y r'> rights reserved in
Paragraph 26.' `hereof to - add to
the 'condominium property gas provided in Paragraph"
26. hereof, to execute, acknowledge and record for
and in the name oP'such unit owner and any'such
mortgagee an amendment to amendments of this
Oeolaration for such purpose and for and in the
PAme of such respective mortgagees, a consent and
joinder to ouch amendment or amendments.
(b) This Declaration may be amended upon the filing for s
record with the Register of Deeds of Carteret
County. North Carolina of an instrument in writing
setting forth -specifically the item or items to be
amended and any new matter to be added, which
Instrument shall have been duly executed by unit
owners having not less than seventy—five { _ - percent �
(75%) interest in the commons elements, or in the
case of an amendment for the purpose of adding to
the condominium property Pursuant to Paragraph 26.
hereof, by Declarant acting as Attorney in Pact for
all of the unit owners and their. mortgagees as
above provided, or in any other case where the Unit
Ownership Act rewires unanimous consent of the
unit owners, by all of the unit owners.
(c) Any amendment hereto must be executed with the same
formalities as this instrument and must refer to
the volume and page in which this instrument and
Its attached schedules and exhibits are recorded
and must contain an affidavit by the President of
the Association or an officer of Declarant, as the
case may be, that a ropy of the amendment has been
mailed by certified mail to all unit owners and all
mortgagees having a bona fide lien of record
_ against any unit ownership interest.
zkcogt'as hereinabove provided with respect to
< amendments for the Purpose of making additions to
the condominium property as provided in Paragraph
26. hereof, no amendment of this Declaration shall
have any effect, however, upon Declarant,the
;•��� s' _fights of Declarant under this Declaration and upon
Ls" iae:rights of bona f1de wrtoa ees until the
ribt en consent of Declarant and such mortgagees
o.auch amendment has been secure. Such consents
y:
c k' w:d•..,be retained by the Secretary of the
`f M r„ .Aspotation or the Declarant, as the case may be,
hia certification in the -instrument of amend' e
ieeiil is to''the consent or non —consent of Declarant „
! aiid- Vtie names of the consenting or, non —consenting ,.
+. A iortgagees of tP:e various u .its sexy be relied upon n
Fv s-rJ_ s•
',;,; by all persons for all purposes.
_I. �.. 20

..Peraori:`s<'�ieee#vQ ..3ervi'ee`of'--Procesoa_
• •.''.;'�.r':;�,f°h '.; r1l�
b'}a�#f g?nat7orroug �e�' vviae'
-
relatioai' a'-tYtf� a iitii _dle+rclO&Wi,Sn p:-the addreas'cif his
pl�ace':€ag`2iiaoino n 't sw D r i dg7a" set 3et:ks<bi ile'.
Forth
{y1' .�+ fx�y.
ao-4o s #:Liim,lsi+an;'�ieclared''to
be in id= i' �r ,�•e ti F ho4Y .4t8628d Lv: Vq`biaidi1* ' on ;the
1 psacF. p4, re o , th .p o "=tre" a retl- -nx d: all_ other""'>
i
providt6do. �llU$.. r 4`�~ +rr .��ier' Sn 1.
'j�p�4 ^=SV"``'JW ��SWI� �{�r�}lrxr ,i :i- ��� *'• -- f � �Tr�'
-
:..':-
� a is ±Qri e+id the y haxo mtt"h' Hereto aha13
be obri t iied' S A"'thy l r.'nP °and-contra-1 dwl-
Of.:under the laws.
a &fit site o8" worI1h cni,01ina. ?'F t
� ram:_ �IIl!li3E3i Op" ',! 7r[S3TEE AND
-The a aii'd+saoi+
tardrsig;ed e, R:0w'E$Y73Cin8,'T[`w
and Cameron-Browh; Company respectively, join'. in the execution of
this Deelaratioa_ Trustee acid mortgagee" u►ide"r that deed of
tru4 gecorded irs.Book 473. Page 115, Carteret County Registry.
IN ITNE.SS wHEREOR, the Declarant hereinabove named, bas
caused this instrument to be signed in its corporate name by its
duly authorized orPieers and its seal to be hereunto. arfixed by
authoeity of its Board of' Directors, the day -and year first above
written.
PEBBLE BEACH RESORTS, INC_
�, a
Secretary
n Seer(
BY:�d
resi en
-, 4 -, ,� -
awk ns, Jr., I
CAMERON-BROWN COMPANY
Bic- �_��
d�.'re a ident
n fn r ryt�- ryy
�iiLT i� i�
TEE �Oi�Oi^$ CCF�i�lw$8(:} A e if
tj (are) certified to be corrOCL this bsrofir:rr wd Vras Pm-
-Strd ' ed is WS QMC@ ifi
at: �w
shm raw
at
21
a

Mp
liirgES** 4{Y
_ tdry "Pubiio -at "jh�"'
that aunts, and Ststa aPareaaid, certify
personaliy came
ePO�*e tee' t i ay and -acknowledged aeknowled ed that" he1s
b
Se crear hrN.
Lc�� ""f't �.;.� a Worth Carolina
cnx�p4i�aLorlp rind. i b
thayZ; hnr ty duly given and as the act of
tkia QopnoraSioi;F. tii fox'egoirig Instrument rasps s3, n�d.'in its name
by ith' '" " "° : "' _ 1"t'esiderit; sea7Ced_ frith its corporate' teal and
sttedted by��::,a its
erde ": 'Ite'�inard aP Directors du1 Seei�etary e11 " by
SS ?1y HAND AND OFFICIAL STAFiP Of{ SEAL, this
ci ' ,.,. 19 �3 day
expires.
NC
NX PUBLTt,
COIiN'i'i o$
1, a Notary Pu 2 c ton said County and S*ate, do hereby
certify that
Personallya ' Trustee
appeared before me L8 day and acknowledged•„tbe due
execution of the foregoing instrument. :.-:F =.; ..
WITNES� MY HAND AND OFFICIAL SEAL, this the
2983. day��oi'
DTAFi3f FfISLIC .:
Fly e0mmission expires:
STATE OF /1
COUNTY OF
x, a No �S Public of the Count
that Y and State aforesaid, certify
before me t s day and c nowledged that he -is' Personally came
Secretary of j
Corporation, and that`by autharit d a°rth Coral na
of
the eorpor t ore, the foregoing instrumentwasven siigned innd as eits tname
by its President, Seale w its corporate seal and j
attested by as its ���e�
order of its Baa of ireetors duly Secretary all by
y given.
Fiif�.HR1i►� FNA9OIAL STAIdP OR 3AAi,, this `4 �t�
oP. +.day
1dW,AR]( PUBLIC -
My commission expires:
A,
22
..--:+..mow �..._.....-.

EXii1�1] 61 o OESCRiPt OF OEYELOPMEAT AREA
}yam- M680A�b�d (w
9CiC:i Re#ortp +xaa-.
flaLrox4t county, north
ccmcruto manwl the Fdox+the .
o8 U{�,i 1 fiica pp -or...—.
5 fOot 1--I9bt-o vmr), acid - , `,:. ..
X :3t befnk
�Paa Star, 4xs u} st4MJ ot, .OceanDVIVO and tacit
IS the Southasags gt Cara)
hot.,.�6aMock plat of Dae 1.a• Ifs=,
� e & toeoi oil t t
0;_R&P'Rgi�OkrpVj.,P5�ff6'q3 of Cho O+nrt®x��Oouat Asgiet f woe
nbO1^t datw bed ; �i� and viol .tam
beg t2te �t�'ri lime
of hook A
o~#a=d �ubd�QrJEn�os�.Elox•h O de{groou 30 �ia�ttr3e ift a18�8 j a #�
_ 3 feet to
noULUU_o $4 t CM the South&= o Coaat
Guard
ACIR41 thence with:.aid rightmot-rs , - °- .. .:',-.
ya Marthdograoe.13:9xtelesat
t®` the Pftt or teescy
. of
foot; thgtel�_n tlt the Frc of aaid curve to tho ,Oft 4 diatanco of
#'os�¢ to Oho 27�'65
po't of uuE�guro of aald curve; thence cant
irtu�ng with a€11d
3ght� of'� y" Of Co&st Guard Road (60 foot r
� i$h�-oi_way', )forth 39 degrees
ki _ 19 minutes t..7145 + ;feat to the
point of ;Gators®cgion Of weld right -Or-
way With the cue _ Sortth0a=ogt right -of -a of Reed Drf v®(60 foot riglat-
}' oi•.crt►y)g thence _with the chord of a portion of aa3.d curve of need Dri.,o
having n rue of f987.02 ;feet. South
55 degrax
ees 33 m.wtes past 39.35'
of to Oast ©sxiati.ttg ixotl pipe; thence leavi:ag need Dri'm aqd with the
Hal-Iday Yuta iravtr par*r a I>ortiera of lot 2 �aerald Xele b
3r the sea,
recorded in M3P Book 8, page 52 of the Carteret County Registry, 0'S degrees 30 minutes East 2005.93 feet to a point uth
on the higiivatSo
So
er
Mark Of the 1tYlent3c ocean, thence with the approximate mo
PF an highwater,
-Ark Of the Atlantic ocean, South 78 dega•eea. 27 minutes 55 seconds Nest
516087 feet to a point on said approxdmate mean highwater mark; thence
loaaving said taean highwater mark
. r ldortli 05 degrees 30 aa3nutes ;lest 257.E+6
feet to the —Point and place of begim inB• Coxatairai.ng 22,85 acres.
ACc*PiAttf{ tp, r trvey. 1by .tames E. Stou—t and Associates- Zn-- completed
' $' 7t, &B
'_...... .,:,.:::,.�d;..:.:,:.Yo Soutra
,r. :portion of lot i p as shoun an that
i. seycordad Inmap n, Lpage 52 a
0 the CrtexeE J County registry.
(9

:, i.
i��C,M1'i.i,`
1f-"{�}p '4Y?'�F}—''''-
''�. ��.yy11'-;4'Z' :s
X
fi - r'S ;A v'e,:l _[,1L+�i? fti' -L,,F' �i.. _
MIA Q, inilm
on
�
print cerlrrn'.Ipp r'epp>+sG.`,7a6 pis,. $ Imp.,
�." �rriA.:� l sal$#* s, �a., cti��ed .0atober 4 962.,�tsd re0 reed in Book 20
a .#yuDtY,.R,Ogf=tr,.' 40 b� r+ mare varlcujarly
' ' p,,t et.;pi e d a.ar3bed !Y Pagda 2 5_ of Exhibit
I#L+off . herota aria 1n0obporated . fleCi fr.
{.J
py
• � tiM1
^t i
0
.-. Y• 44r�a'.�_�����f.}}{.'�lY�•'�M�
a-
1
I'
Y
a
PA.
TFiLY
r�
Exhibit A-1
Page 1 of 5
24

UM MkRrPTZON
�,� :,hunt. `�18ma} � • .- �t 5,•."
vast om* tati b� 11iY tiara Arr��� F1e� I and No. 2a and
OY4Y[���0-
• f ' ffiV#U 4vr Ind.
?tk;Q R A4: asss !b!P.I & aeon -Erato m0nument 'Oh $he Wartheru'right-
;, ®�- d ®nqi l-fo� ' i 7rstiiwvrsL at .tAm Rasternmont
i2 szt=F,�s�i 'PO. 064= Akilve as3`41m nt b€3 6a age $ltaed °D�a rMm Daman.
a A`PhW mova 14*' d---aadw 9.,� ai thr con rltorat Otaunty ROSIastsy and
. aloe bobij tioJ uthoaataL7. 0*t CoB°t er,og �,}t 26& Moolt m' an whom
OU o a farmeationed ago ei' thence ft,04 tho abovo
=.
al em4tribed mint: of a ® leaving aaid jrlaht-ofvaay of Ocean
irivo 111th €moo a&q, tr .aaaat lino of' reforeneed subdivision,
0.1"d##'CjQjl� 30 19imt11v West 173.foot to HL point; thence
�- leaving 70 dcgrrego 00 minut6an $mot 55.20 foot to
ra Points thcanoo soaath $9 dogreeo 00 mirmtom -Best 188.142 feet to a
Ant; thf hue Bou %.9 datrooa 00 minutes Xnot 29.23 f9et to ua
point st;;:tro the pwapooed wator line cr+omaets the northern boundanry
of % XF tha ace tho n=o limo South 73 delta ooe 00 minutes gust
31.9? fuw : (fiRAG foot to taal) to u paixa$; thonce South 0.5 dog room
9 m$eautors VnrA 20.$41 fact to as polkat; thence, South 08 dearoes
mix-mt -mo Wont 2.9.80 foot to a point; thence South Sl degream
32 L4;r-tole 0-1 aaaasol.d4 84s0$ 2!;9.37 fact to ax pg3nt on the approximate
raaaaM high Kantor mark of 'the Atlantic Ce6an; thence with maid
z�pproxivato o6na Nigh vatex- max-k. South 78 dogreem 27 minutes 55
nocanda front 280.82 foot to a point on the 2aatorn I:ne of the
at'orasmontioned asubdIviasiasnn of DeerNorn Duneao than Southwe'sternmont
cornor of tho hoaroin described tract; thence leaving said high.
water enrk and along the Eastern lino of Me Door -Horn Dunes Subdivision
IfoB-th 05 dearoaae 30 minutost Vest 237.46 coast to as point on than
Southown rightmof-my of ocean Drive$ the Nprthoaotorrtmont eorataBr
of %o[; 38 DlooBt A cao czhoun on the aforementionod map of Doerhorrn Dunoe;
thanco CrODOI ag na ld sight -of -mays Worth 0.1% dogream 30 minutes Wbot
30.0 foot is the point nand place of Abeg:Uming. Contasi»ing 2.47. Escrow.
pageSA- 21 J%
Page 2 of 5 d Y
25
r

r'
t.
3' -
�taat ftoill$tler Area . no. l ..
`F CO, � "ftt® mid Mast bo3ng located iforth 02ygivo-A"GY
EdgMtOfl' 35 a000rtda L -Lut 1f1x#.91 root from the sosat%moa$es"Mat
s = a
c or the :, _ ri doncrlb6d! Fhoo e) X j th naco th¢a•• poi` d� c Lod
t POint at' bofg!L---AnCa Gauth 8% degrooa•30 jainuteh Vegt 12o.00 roe$ to
e; polatS thence gorft 05 do9moo 30 aairnutoo Wont 820.00 fast to in
Points thence mouth 6A dagrona 49 talmtan 39not 159a41 foot to a
post as a 0OW(w Zino cr000eo teas: Harthom boundary of the heroin
. . mddnrrlb tvi--et; thence eontiaufng the owo Riney south 61 degroon
�r
$9 minutou 00s, t k, 91 (144AM feet total) fipot • to a Voint y thence
SouM 05 daGti,,-, ej 30 imUmtos Bast 1$0.0 foot to the point and place
of bog:bml.ng. Oontaiasi 0.� aeroay.
+ Unote"antor .ereatman; Fa cilitioo Area- No.
BWZ=X=a w' as yaLntv a"d point baln& 3ocaited North 07 dagre®®
} 50 cd tec $asat- feet fkxm the southwQ0tornmoot Corner of
,R
tho nbot-,: 4®ai¢e,Iha!! 9haso Xs thence from the above a3eaeribed point
of boeltwiang. South 84 dogaroom 30 mirautoo ]root MIA *foot to a point
torn the a,oweiv line eronason the Southern boundary of the harein
deencarlbad tracts thence continuing the 4MOMM line. &Mth 84 degrees
30 wdnuton Veaat 18.56 {93.0 foot total' foot to as points thence
' s
North 03 dogroan " miasuton Vogt 93.0 foot to a point; thence Worth
84 dogro ao 30 mtgMtem z;Q61; 99.0 foot to as points thence .South OS
{ dour=re 5 ffl4r4atoal Wont foot to thin point wad plate of beginning.
}rCQntalUtAff 0.21 boa ..
T;
is r e
�'3M ^���:,�_ %.i;`�iY•`:::�Y_ t,ry ''.,'Jr%: s=['-tea. =;�' vxR,Ys.. - -
!AZMIT . A-1
'fie 3 or 5
' a'`

v._
a '""'�""a '+�.? � :��k}: �1Q.'` �, ;���J��y� ..'�+/k'��'yF �}.�F k fi€f.*F��S-•r:! �{��44i.'�
06(kr tlea ail 1b1 47,rm1 ': Y`7-k i f p4'*•''t
� e bo �kwL s Ham'R,�.
too
Vb&M 9 .4t
- �l thtn�a gg®� .
dcn-k,rAlbil ? VORAt 09'. Tc ;u
ik7®srt8a 28 doWDoa ,07 abiai0s Wet �.
nab , 1. tit Sh ao® Uorth �_ .-do,,, oo j?"t
to i = tho"o 1700th ®_q Qbm t em ftmQ an o `?y
!oa 6 to c h-Olutg ` a 8b do ^ns
�"' too Vogt Mad fooB
U. CL polar) an th R aatom tSfto oe tho MOW d0morlbrd ftmeoLater
`bra atMont b�eaollltRi+at� 11E`e3ra . !Ie
mxm 1': 20 ftmt Gev4p or' lam.' l
3►� -9 Yro$ aU eltlaer ea3d® of
awa 0CMUMUna doaorlb" an lolloua l
BSO esQ Cl P01"t , onld gagnt bagr�a thO POInt demorlbad umu
the "'Onallag of a Dewar "as Qn the Plorlrhern bound rr or the above
a: cribod tractoontor Troat04&ut paci2Ytl0e Hiroo No. it thence from thm
above deocr:gbod point of ba 8jx_Lnaa Dforth 25 doareem 51 silnutoa 25
soctsrada Rhmt 26,9.14 toot to g poYat On the Southern bounda%7 or the
abov© deoca-tbod Vaaat0v4t0r g`roatnent ftcllltlma Area M*. 2.
C,4111-
Z-eL 706
EXHIBIT A-1
P&80 tE of 5
27 -

1`
ANVio f'� XO ft®$ Stil 6f Sow • aye re®t on 'either ",do or
L3 �eator2 dop"pxiRbed 46 ro$2owos
a� i '4*.-G V6lrx*a acid point balnm.the polut wh6retho 'aster
zwqposed
1;nq O"Clawu tha wort%45R» ,[iris of thO above ideaeribed idea Zy
z;t SV f;s'• Mra'1 tom. 6bovo 40ac_rAbad point or begiming® M*rth 78 dwgreeo
tolp gnat 3.q.gp i'aat to a points t1lenae North 05 dogroeo
i�iitifs d� +a*t ►m � : rwm$ tO Q pointg tho noo Morth 32 dogr000
Ewa �I11## 1 .'2� 'Imbt to Q point# the nco North 50 dogroon
o� wt^_115XJ,s flnut t® i5 Point[ themoo Sorth Li$ dogr000
it 20 n9.moc, Usat foot to Ls point on tho curved 5outhorn
r1aht-mr-weld of 'oast Cawd Road. .
Tho abovo .doacr ption bow dratm by .Panama 23•, gttawart and Ammociateo.
®® (W zbvOr 8,19a8, fay computed 11 nea.
gho above deo*�ib2d traata being shown on ra wgp ontitYed -pinaT
Mat, p�aw S, Pobb8© Sonah Condominiurarr0 preparod by Jngoa V.
' , ; 2kw•, datod Cotober 2982. soon to be recorded in thq office
of th- etor- do f Carteret CQuwaty. `
0,,14•gar.h'..
tea` g}y CAr il
SEAL t -
Jamoo R. Stotrar't and Aceociato Tno.
_ '74$0��
7:r• Lie vravo3r AD ���f 4
Jachnonvii2e, V. C. 28540 'a,�N w•,•Ppk'
EXHIBIT A-1
�. page 5 of 5
~ 28 '
i

• - ti
c T s
EXHIBIT B
'-,-,.,IDENTIFICATION Oki' -CUtr WMINIiIl�f UNi�' .. " � T `*
The plants, alas apeaifi a�ioeti�' Po» esaah >ati1C, �C12, -• {x,' '� i
Individual unit- t'iuiiiber of Pebble Beach Corfdam4Riiima22-'.:p
Vilsoh & L,yslaka' Tnc. gLxeecB�
7Rjb ; have been recor act- in the UnitOranae"abio ' G. Condom�ratw� .:
Boob o kegs �, Carteret Co[ut<by Rasa ry;'` to; 1acti
s refai�ence its mado or more Pull' � d oo�plet® desaripCiaria :.72
S
f
i
I
� I
Ah-
-� ���
✓ fV•'. ''3 L:*'�F�L°j�iy 'd'!.
_{!
��55��yr��. ,.'ii�'k. 2.�:�,rsL 1'
}....'" ._
T•--" 'ATE,
z4
UZAT
n U4 W Clow29

. i
P.A.
aTk
.
_ F
Y to •� -
SCREDU
F.RSHIP PER UNIT
'
d JL
�erE
�6 A 106 �l.11666
.... A 10y 4.1666
'A 106 4.1666
9 A 201 4.1666
10
A 202
4.1666
A 203 11 4.1666
12 A 204 4.1666
13
d A 205 4.3-666
j 14 A 206 4.1666
15 A 207
4.1666
f� i6 A 206 4.1666 €
17 A ,ol 4.1566
18 A 302
4.1666
19 A 303 4.1666 !
20 A 304 4.1666 S
21 A 305 4.1666 i
22 A 306 4.1666
+ 23 A 307 4.1666
24 A 308 4.1666
30

• 1s attached to the Dec hrai
TN CeNAid To Be A True Copy of Unit Ownership pursuant
NCGS 47A_
6y •
- - - BY—LAWS r a secretar;
- - PEBBLE BEACH HOMEOWNERS' ASkOVTIONt
I - ARTICLE I .`;•r'
NAME AND-LACATION r
The name of the Association is Pebble Beach Homeowners'
Association, Inc., hereinafter referred to as the "Assoolatlon".
The principal office of the Association shall be 323 New Bridge
i Street, Jacksonville, Onslow County, North Carolina, but meetings
of members and Directors. may be held at such places within the
i State of North Carolina, as may be designated -by' '^,fie Board of
Directors of the Association.
ARTICLE II
DEFINITIONS
I1. "Association" shall mean and refer to Pebble Beach
Homeowners' Association, Inc., Its successors and assigns.
2. "Common Area" shall mean all real property owned as
tenants in common by all the unit owners and managed by the
Association, Including those limited common areas so defined in
the Declaration.
3. "Owner" shall mean and refer to the record owner, whether
one or more persons or entities, of the fee simple title to any
unit which is a part of the Pebble Beach Condominium, including
the Declarant so long as any unit or unite are still In its name,
but excluding those having such Interest merely a; security for
the performance of an oollgation.
4. "Declarant" shall mean and refer to the entity named In
the Initial Declaration of Pebble Beach Condominium as the
Declarant thereof.
5. "Declaration" shall mean and refer to the Declaration of
Unit Ownership and Covenants, Conditions and Restrictions of
Pebble Beach Condominium and amendments thereof, of record In the
Office of the Register of Deeds of Carteret County, North
Carolina. -
6. "Member" shall mean and refer to those persons entitled
to membership in the Association by virtue of ownership of one or
more units in Pebble Beach Condominium. -
7. "Unit" shall mean and refer to individual enclosed living
q spaces and accessory spaces and areas as defined in the
RNy Declaration, and the Improvements situated therein, excluding any
land or improvements designated as Common Area.
8. "Assessment" shall mean and refer to a membera. share of.
the common expenses assessed against each unit by the Association
in the manner provided for In the Declaration and By —Lawn. -
aro 9. "Phase" shall mean and refer to successive stages of the,
•.. project, as more fully net out In the Declaration.
03 :.

ARTICLE IIIs
MEMBERSHIP AND PROPERTK RIGHTS
'11. -$very owner of a unit Ole ie.eubjoat tO aeeaeeaent Sr
shall be • member of the Association. Membership shell be -
appurtenant to and may not be ssparated from such ownership with
the ownership of each unit, whether owned jointlyoreingil.
ientitling the owner or owners thereof to a vote inthe
t Association which In proportionate to hie ownership interest iln
,the common area as wet out in the Doelaration.- Throughout theme'
c - By -Laws, the term "vote' as appliedtothe votingrightsor
members shall be construed to mean such a vote weighted to
} :.reflect the common area interest of the respective owners.
- 2. Each member shall be entitled to the use and enjoyment of
the common area and facilities as provided in the Declaration;
and any member may delegate his rights of enjoyment of the common
area and facilities to the members of hie family, his tenants, or
contract purchasers who reside on the property. Such members
shall notify the Secretary of the Association in writing of the
name of such delegates. The righta and privileges of such
delegates are subject to suspension to the same extent as those
of the member; but provided, however, that the Deolarant shall
exercise certain voting rights of members of subsequent Phases of
Pebble Beach Condominium as more fully provided in Paragraph 10
of the Declaration.
ARTICLE IV
MEETING OP MEMBERS
1. Annual MeetinP. The first annual meeting of the members
of the Association ehAll be held within sixty (60) days from the
date on which the management of Pebble Beach Cond.:minlum is
turned over from the Declarant to the Association as provided in
the Declaration. Subsequent annual meetings shall be held at a
date and time to be determined by the Board of Directors.
2. Special MEetingf4. Special meetings of the members may be
called at any time by Che President of the Association or by the
Board of Directors or upon written request of the members
entitled to vote one-third (1/3). by common area interest, of all
- -the votes of. the Association.
}" :;'3 Notice of Meeti❑❑ppe. written notice of each meeting of
the members.ehall be giVAn by, or at the direction of, the
Secretary or person authorised to call the meeting, by mailing a
copy of such notice, postage prepaid, at least fifteen (15) days
before each meeting to each member entitled to vote thereat,
addressed to the member-s address last appearing on the booke 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, and in the cast of a special
meeting, the purpose of the meeting. waiver by a member in
writing of the notice required herein, signed by him before, at
;.,-. or atter such westing, shall be equivalent to the giving of such
notloe. _ .
'e',_'A ovum. The' presence at a meeting of miksmbera entitled to
"laaat -or or proxies entitled to cast, fifty (50%) percent of the
votes of the Association on the baste of common area ownership
Interest shall constitute a quorum for any action except as
otherwise provided in the Declaration and these By -Lama. If,
however, such quorum shall not be present or represented at any
meeting,the members entitled to vote thereat shall have power to
%adjourn the smiting from time to time, without notice other than
^` '; ennouncaeient, at -the meeting, until a -quorum as aforesaid shall be
present or be represented. -
e 563

a." At all meetings of 'the members, "each vote may
iri voracn or by proxy.- All proxies shall be In writing
Rnd;Pllad';giph;tge 4eorayapy. ;6vory proxy, ahall,bo,revooablo fli
1: -qr. The ariairo of elie Aesociation''nhall be
by a Do maven (7) Directors„ at least five (5) of
shall be members of the Association.."
2. 7yfrlAC office. AL the'firaL RnnuaT Mostthe
shall slt bi a 131 Direatora for a term or one ((1)) to
(2) Directora for a term of two (2) years and-two'(2) 1
for a term of three (3) years; and at each annual meotin
thereafter the members aliall elect the necessary number
Directors a term of three (3) years to replace those
Directors whose term has expired. --
YIIV
managed C
whom
ecemDera
ar, two „
rectors }-
R
3. Removal. Any Director may be removed from the Board,
with or wn'Fout cause, by a majority vote of the members of the
Association. In the event or death, Peelgnation or removal of a
Director, a successor shall be eleated by the remaining members
of the Board, and shall serve until the next annual meeting. If
the Director who hen died, resigned, or been removed shall have
one or more years remaining In his term at the time or the next
annual meeting, a successor shall be elected at such meeting to
carve for the remainder or the vacated term.
4. Comp neatior.. No Director shall receive compensation for
any norvicmay render to the Association in his capacity as a
Director. However, any Director shall be reimbursed for his
actual expenses Incurred in the performance of his duties;
provided, hrwever, the Board may employ a Director to manage the
business affairs of the Aesoclmtlon, and may pay the Director for
his services as Manager.
5. _otlon Taken Without a Meeting. The Directors shall have
the rlgim to taxe any action In tha abeence of a meeting which
they could take at a meeting by obtaining the written approval or
all the Directora. Any action so approved shall have the same
effect as though taken at a meeting of the Directora.
ARTICLE VI
MOMINATION AND ELECTION OF DIRECTORS
1. Hpaination. Nomination for election to the Board of
Directors all be made by a Nominating Committee. Nominations
my also be made from the floor at the annual meeting. The
Nominating Committee shall consist of a Chairman, who shall be a
member of the Board of Directors, and two or more members of the
Association. The Nominating Committee shall be appointed by the
Board of Directors prior to each annual meeting of the members,
to serve from the clone of much annual meeting until the clone of
the next annual meeting and such appointment shall be announced
at each annual meeting. The Nominating Committee shall make an
many nominations for election to the Board of Directors as it
shall in its discretion determine, but not less than the number
of vacancies that are to be filled.
2. Election. Election to the Board of Directors shall be by
secret written ballot. At such election, the voting members or
their proxies may cast one (1) vote for each vacancy. The
persona receiving the largest number of votes, measured by common
area interest, shall be elected. Cumulative voting is not
permitted. - -

3. Notwithstanding the foregoing, no long as Declarant is
the owner of at least one (1) Condominium Unit, but in no event
longer than seven (7) yearn after the date of filing of the
Declaratior. for record, Dedlarant shall have the right to
designate and select one (1) of the persons whn shall nerve as a
niembef.or each Board of;Direatovs of the Association. Any
Director doeignatod by and selected by Declarant need not be a
resident In the condominium.
_ - Declarant shall, at the beginning of the election of the
Board of Directors, designate and select that number of the
aembera of the Board of Directors which it :.hall be entitled to
designate and select in accordance with the provisions of these
- By -Laws, and upon such designation and selection of Declarant by
written instrument presented to the meeting at which such
election is hold, said Individuals so designated and selected by
Declarant shall be deemed and considered for all purposes
Directors of the Association, and shall thenceforth perform the
Offices and duties of Such Directors until their successors shall
have been selected or elected In accordance with the provisions
of thews By —Laws.
Should any vacancy in the Board of Directors be created
In any Directorship previously filled by any person designated
and @elected by Declarant, such vacancy shall be filled by
Daclarant designating and selecting, by written instrument
delivered to any Officer of the Association, the successor
Director to fill the vacated Directorship for the unexpired term
thereof.
In the event that Declarant in accordance with the rights
heroin established, selects any person or persons to serve on any
Board of Directors of the Association, Declarant shall have the
absolute right at any time, in its sole discretion, to replace
such person or persons with another person or persons to serve an
said Board of Directors. Replacement of any person or persons
designated by Declarant to serve on any Association Board of
Directors shall be made by written Instrument delivered to any
Officer of the Association, which Instrument shall specify the
name or names of the person or persons to be replaced and the
name or names of the person or persons designated as successor or
successors to the persona so removed from said Board of
Directors. The removal of any Director and designation of his
successor shall be effective immediately upon delivery of such
written Instrument by Declarant to any Officer of the
Association,
ARTICLE VII
NESTINOS OF DIRECTORS
I. Ret}clar Neetigye. Regular meetings of the Board of
Directors all be held at least quarterly, without notice, at
such place and hour as may be fixed from time to time by
resolution of the Board. A more frequent schedule of regular
meetings, on a seasonal basis, may be established by the Board.
2. Sue aial Meetigga. 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.
3iQuorum. A majority of the number of Directors shall
consttute a quorum for the transaction of business. Every act )
done or decision made by a majority of the Directors present at a
duly held meeting at which a quorum In present shall be regarded
as the act of the Board. - 3
�aL at -(3' 4�/�3 >

ARTICLE VIII
1 "EOMHR3 AND DUTIES OF THE -BOARD OP IA"GTO6
1. `P were. The Board of Directors shall have the power to:
(a) "adopt and publish rules and regulations governing
- .,the,; use of the common area and facilities, and the
personal conduct of the members, guests, and
-i;tonants thereon, and to establish penalties for the
Infraction thereof; _
c
(b) Suspend the voting rights and right to use"ot the
recreational facilities of a member during any -
period in which such member shall be in'default in the payment of any assessment levied by the
Association. Such rights may also be suspended,
after notice of hearing, for a period not to exceed
" sixty.(60) days for Snfraotion of published rules
--and regulations; but provided, homever, that the
` right of an owner to ingress to and agrees from his
unit shall not be impaired; - -
(o) adopt and publish "lea and regulations governing
the rental of units Including acceptable lease
forms, and the conduct of tenants, including, in
their discretion, reasonable limitations on number
of occupants in leased units;
(d) exercise for the Association all powers, duties
and authority vested in or delegated to thin
Association and not reserved to the membership.by
other provisions of these By -Laws, the Articles of
Incorporation, the Declaration, or by Chapter 47A
of the North Carolina General Statutes;
(a) declare the office of a member of the Board of
Directors to be vacant in the event such member
shall be absent from three (3) consecutive regular
meetings of the Board of Directord.
(f) employ a manager, an Independent contractor, or
such other employees as they deem necessary, and
to prescribe their duties;
(a) employ attorneys, accountants or other professional
personnel to represent and assist the Association
when deemed necessary.
(h) enter Into contracts with others to Provide
necessary supplies and services to the condominiums.
to borrow unsecured monies to meet necessary
". ,:expenses of the Association, but the aggregate
=i indebtedness of the Assoc latlon shall at no time
•a `-'exceed an amount equal to the total quarterly
I'Zisecoment For all units without an affirmative
=vote of two-thirds (2/3) in interest of all members
of the Association, voting In person or by proxy in
aregular
p or (special meeting of the members;

- 0 )
as providedin the Declaration, tr bring an action' .
-
In aus:mary ejectment on behalf of any-6wher•Nhoee ' -
Is so is-,iu violation of any of the'afo�pnaid--rules --
op -
and regulatl06e, the Daoiaration, or ,LheDe Bq Lpws,
2. Rea. It shall ba the duty of thnFBoe�rd o! Directors
to:
(a)
'cause to be kept A COVlate re63rd of'all ita'acts -
>and corporate affairs and to?preaent°a statement -
tharaoP co the awmbyira at 'the` annual aeoti6gq of
"
the members, or at; any special me sGing when`such
statement is requested in writing by-'a)d third WO '
of the members entitled to vote.'
(b),
suBerviBe a ofrlogrs, agents and employees o! the ' -
Ansoolation, and to Sao thaQ,their duties are :•
_-
properly parformed.. ram,. � �� .)>•' :•
(a)
fix the amount of'aseaeement and the manrii o �•
,to
payment thereof against each unit in accordance
-
with the terms of_•the Declaration and to send'°
-
written -notice .of.any change In anaesement'or
"
manner of payment of same to every owner,mubjeot
-
thereto at least thirty (30) days In advance of
such assessment payment period. -
(d)
foranlosothe lien, and sell, under a- power of sale
-
anu .n the manner prescribed by law for f0re01013uree
with powers of sale, any property for which -
assessments are not paid within thirty (30) days
after due date or to bring an action at law
against tho owner personally obligated to paythe
same;
(a)
Issue, or to cause an appropriate officer to issue,
upon demand by any person, a ^_nrtifleate 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 certifi—
cate states an assessment has been paid, such
certificate shall be conclusive evidence or such
payment.
(f)
procu^e and maintain adequate liability Insurance
covering members' liability for the common area and
facilities and to procure and maintain adequate
hazard insurance on all the real property within
the Pebble Beach Condominiums development, Including
Individual units as well as that property owned
jointly by the members;
(g)
act as insurance trustees in the collection and
disbursement of hazard insurance proceeds, as
provided for In the Declaration;
(h)
cause all officers or employees having fiscal
responsibilities to be banded, as It may deem
appropriate;
(1)
maintain or cause to be maintained the common area
and facilities and the exterior of the unite, in
accordance with the term of the Declaration;
(j)
to establish the Fiscal year of the Association;
e
f

aRTICL6 IX -
���'' ?' OPPICSRS AND THEIR DUTIES
1 umerA o or Dinners. The officers of this
Aesociut On a boa roef3ont and Vice President, who shall at
all times be members of the Board of Directors, a Secretary, and
_ a Treasurer, and such other officers an the Board may from time
.to time by resolution create.
$, ¢leetion of Orflee rs.` The officers shall be elected by
-$he Board -Of Directors at Che first meeting of the Board
following each annual meeting of the members.
3. rm. The officers of the Association shall be elected
aMually by the Board and each shall hold office for one (1) yore.
unless he shall sooner resign, or shall be removed, or otherwise
disqualified to nerve.
-k. 9pitolel yp[tp}ntments. The Board may elect ouch other
oPfiears'dR the nlf6lra of the Association may require, each of
whom shall hold office for sueh'period, have such authority, and
perform such duties as the Board may, from time to time,
determine.
5. Resigngtion and Removal. Any officer may be removed from
Office with 1d1PP without cause by the Board. Any officer may
resign at noy time giving notice to the Board, the President of
Secretary. Such resignation shall take effect on the date of
reeelpt 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.
6. Vacancies. A vacancy in any office may be filled by
appointmenE` yb—the Board. The officer appointed to such vacancy
shall serve for the remainder of the term of the officer he
replaces.
7. Multi le Offices. The offices of Secretary and Treasurer
nay be held by the name person. No person shall simultaneously
hold more than one of any of the other offices except in the case
of special offices created pursuant to Section 4 of this Article
IX.
S. Duties. The duties of the officers are as follows:
(a) President. The President shall preside at all
meetings of the Board of Dlrectors and shall serve
as Chairman at all meetings of the members; 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 anu promissory notes.
(b) Vice President. The Vice President shall act in
the place and stead of the President in the event
or his absence, inability or refusal to art, and
shall exercise and discharge such other duties as
may be required of him by the Board.
(o) Secretary. The Secretavy'ahall record the votes
and keep the minutes of all meetings and proceed-
ings of the Board and of the members; keep the 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 Asaocia-
tion together with their addresses, and shall -
perform such other duties as may be required by
the Board.

3 (d) TTeasur The Treasurer shall rane'va and Lepoa±t
appr,.prieto bank 000ounts all mot, as of ttto
;Aa (utlAtlon and shall di.eburne at-- !'undo n9
dlraoted:yy reeolutloh of:tho Baard'o 1.'t1AWtgra,
c T ahail di n all ohaske atld '.prgmianoryot§d Rf 'the-'
jt f i �A460a aE Oni k0op "➢roper boo)tB oP a000t1t1t, Dbade an
�% sr,CortifedtPuBllor aeA000untanE atbGrise4�wblstibit laaneory
` � 'mod a'dCEtemenEcotain0omglandr'eXpetldiEq beu h{ptujet
bewailed- to the w4mberehip at least` ICtcpn
: f`--'�{r`-d.+Wa; but not moil than forty-five (45)- days
- 7i prior to the annual &&atlas -
1%RT`XOL13 i X
COIOIITTEES n'
Board�of Directors shall appoint a NominatingCommittee
and ouch ether eommittees as may be deemed appropriate in
carrying out its purpose. _ -
ARTICLE XI -
.. - BEAKS AND RECORDS
The books„ records and papers of the Association shall at all
time during reasonable business hours, be subject to inspection
.by any member or by any mortgagee holding a firat mortgage or
Deed of Trust on any unit or units. The Declaration and the
By -Laws of the Association shall be available for inspection by
any member or mortgagee at the principal office of the
Asoelation, where copies may be purchased at a reasonable coat.
ARTICLE XII
ASSESSMENTS
As more fully provided in the Declaration, each member 13
obligated to pay to the Association such sums as are assessed
against the members under the terms of said Declaration, which
assessments are secured by a continuing lien upon the property
against which the assessment is made. Any assessments which are
not paid when due shall be deemed delinquent. If the assessment
Is not paid within thirty (30) days after the due date, the
assessment shall bear Interest from the date of delinquency at
_ the highest rate allowed by law, and the Association may bring an
'action at law against the owner personally obligated to pay the
same or foreclose the lien against the property, with costs of
-7'sueh aotion, including reasonable attorney's fees, to be added to
the amount of ouch assessment. No owner may waive or otherwise
escape liability for the assessmcrte provided for herein by
nonuae or the common area or abandonment of his unit.
ARTICLE XIII
ns_
- - AMENDMENTS
1.These By -Laws may be amended at any regular meeting or at
r a,special meeting of the members, provided that notice of such
cz.,: -� spec Lal meeting shall state the content of such amendment, by a
yp ��•E vote ®l, two-thirds (2/3) or a quorum of members present in person
.sip•,._ ',_.Or'tiy..proxy.-
�`� 2. In the ease of any conflict between the Declaration and
t
these By -Laws, the Declaration shall control.
fly YJsA.�'i S ff� F'_

Owners. �t�it1L, Q -r .... ..•, sr a+a u,.ac
�Shar a�teL be bound to ebtude-by. any Amendment duly
` �asgyBd�pQ amt Xorth_._in an Amended Docatdultt'reaorded.
-- x '14tef f�i��going were adopted as the BY-LawsofPebble beach
9o01eowgg_,A.,Miwaiation, Inc., a non-profit corporation under
thy--%awe'VNf;the'State of North Carolina, at the first meeting of
the Iqoor 'sat_fe on April 25, 1983..
Pr in
i Cha and Incorporator
� rOGn n"' as nayhoor
�! tary

Wastewater Treatment Facilities Management Contract
This Contract is entered onto this I "�-r day of 204 g by and between
t�a1n�jeNQ<A &' C nr\da k�)'Oand Hydrotech Environment , LLC.
Whereas, this contract concerns Customer's Sewer Plant facility (herein after referred to as "W WTP")
serving A�I is P,e (No(n .t\,rr S In Carteret County, North Carolina.
Whereas, Hydrotech wishes to operate the W WTP In accordance with the requirements as outlined in
the operational duties of the NPDES permit # � Q0 A I , ?> . And the desire and goal of
consistently meeting discharge compliance as it rela{es to operational control.
Whereas, customer wishes to retain Hydrotech as the operator of the said W WTP.
Not Therefore, in consideration of the mutual covenants and conditions contained herein the parties
agree as follows:
1. (a.) During the contractisrlod, Customer agrees to pay Hydrotech for the services performed,
the sum of per month.
(b.) In addition to the payments described in paragraph 1 (a) above, Customer shall also pay to
Hyddrotech expenses for supplies purchased for the proper operation of the W WTP and
associated with repair services meter calibration, and sludge hauling.
2. As consideration for the payments to be made by Customer as described in paragraph 1 above,
Hydrotech agrees to provide the following services to Customer.
(a) A certified sewage treatment plant operator as defined by the State of North Carolina to
perform all acts necessary to keep the WWTP operating in accordance with all applicable above
referenced permit regulations.
b) Routine operations and daily test as per permit requirements. Customer will be responsible
for all maintenance and repair expenses.
(c) Collection of on -site effluent, Influent, and monitoring well samples, Customer will be
responsible for all laboratory expenses, shipping charges, couriers, pickup charges, ect.
(d) record keeping:
(e) Completion of all state monitoring reports and forward reports to Customer for signature
and submittal by mail to the State or County office.
(f) Procurement of suppliers necessary for proper operation of the W WTP.

3. Customer authorizes Hydrotech to take immediate corrective action in the event of any malfunction,
damage, or loss to any part of the WWTP. Hydrotech agrees to attempt to contact the Facility
Representative before undertaking emergency repairs that have an estimated cost in excess of $3,000,
but the failure of an attempt to contact shall not prevent Hydrotech from taking immediate corrective
action.
4. This Contract shall be in force for a period of one year and automatically renew on an annual basis
unless the parties agree otherwise. This contract may not be modified, altered or amended except by
agreement in writing except by the parties hereto. It is understood and agreed by both Hydrotech and
Customer that either Customer or Hydrotech may terminate this agreement at any time by giving sixty
(60) days advance written notice.
IN WITNESS WHEREOF, the parties hereto have executed this contract the day and first written
above.
Hydrotech Environmental, LLC
P. 0. Box 4602
Emerald Isle, N.C. 28594
Date: Date:
Sign: Sign:

Wastewater Treatment Facilities Management Contract
This Contract Is entered onto this
day of 200qby and between
jejkk—LQ" NA-0 n and Hydrotech Environmental, tEC.
Whereas, this contract concerns Customer's Sewer plant facility (herein after referred to as "WWTP")
serving �'_•��� C' �.�
in Carteret County, North Carolina.
rdance with the requirements
Whereas, Hydrotech wishes to operate the WWTP In accoAnd he desire outlined and goal of
the operational duties of the NPDES permit t#
consistently meeting discharge compliance as it relates to operational control.
Whereas, customer wishes to retain Hydrotech as the operator of the said WWTP.
Not Therefore, in consideration of the mutual covenants and conditions contained herein the parties
agree as follows:
1, (a.) During the contract period, Customer agrees to pay Hydrotech for the services performed,
the sum of —� I' 1 A per month.
(b.) in addition to the payments described in paragraph I (a) above, Customer shall also pay #o
Hyddrotech expenses for supplies purchased for the proper operation of the WWTP and
associated with repair services meter calibration, and sludge hauling.
2. As consideration for the payments to be made by Customer as described in paragraph 1 above,
Hydrotech agrees to provide the following services to Customer.
(a) A certified sewage treatment plant operator as defined by the State of North Carolina tp
perform all acts necessaryto keep the WWTP operating in accordance with all applicable above
referenced permit regulations.
b) Routine operations and daily test as per permit requirements. Customer will be responsible
for all maintenance and repair expenses.
Collection of on -site Uetslacustomer� be
responsible for all aboatorYexpenses, hipping charges, couriers, pickup charges, ect
(d) record keeping:
(e) Completion of all state monitoring reports and forward reports to Customer for signature
and submittal by mail to the State or County office.
(f) Procurement of suppliers necessary for proper operatlon of the WWTP.

3. Customer authorizes Hydrotech to take Immediate corrective action In the evert of ary tnVMCW",
damage, or loss to any part of the WWTP. Hydrotech agrees to attempt to contact the Facility
RPpresentative before undertaking emergency repairs that have an estimated cost in excess of $3,000,
but the failure of an attempt to contact shall not prevent Hydrotech from taking immediate corrective
action.
4. This Contract shall be in force for a period of one year and automatically renew on an annual basis
unless the parties agree otherwise. This contract may not be modified, altered or amended except by
agreement in writing except by the parties hereto. It is understood and agreed by both Hydrotech and
Customer that either Customer or Hydrotech may terminate this agreement at any time by giving sixty
(60) days advance written notice.
IN WITNESS WHEREOF, the parties hereto have executed this contract the day and first written
above.
Hydrotech Environmental, LLC
P. 0. Box 4602
Emerald Isle, N.C, 28594
Date: Date:
1
i
Sign: Sign: