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WaterFord Covenants
ARTICLE X
General Provisions
Section 1.
Duration.
The Covenants and Restrictions set forth in this Declaration shall run
with and bind all of the land including the properties hereof, and
shall inure to the benefit of and be enforceable by the Association,
and the Owners of any land subject to this Declaration, their
respective successors, assigns, heirs, executors, administrators, and
personal representative, for a period of twenty-five (25) years from
the date this Declaration is recorded in the Office of the McLean
County Recorder of Deeds, at the end of which period such Covenants
and Restrictions shall automatically be extended for successive
periods of ten (10) years each, unless at least two-third of the
Owners of the lots at the time of the expiration of the initial
period, or of any extension period, shall sign and record an
instrument, or instruments, in which they shall agree to change said
Covenants and Restrictions in whole or in part.
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