Section 1. Membership in the corporation shall consist of all persons who own lots in all of Section 1, 2, and 3 and block 12 of Section 5 to Ski Island Lake Addition, Oklahoma City, Oklahoma. All members of this corporation in good and regular standing shall be entitled to vote in any regular or special meeting, and to exercise all other privileges of membership.

ARTICLE III:

Section 1. The annual meeting shall be on the second Monday of each September at which time the Board of Directors and officers shall be elected and any business properly coming before such meeting may be transacted.

Section 2. Special meetings of the members of this corporation may be called at any time, by the president, and, in his/her absence, by the Board of Directors.

Section 3. Notice of the time, location and agent designated for absentee ballot of any annual or special meeting shall be given in writing by the Board of Directors to each member in good standing at least ten (10), but not more than thirty (30) days before the date of such meeting. If the meeting is a special meeting, the notice so given shall state the time, place and purpose of such meeting as well as the agent designated for absentee ballot.

Section 4. The president, or in his/her absence, the vice-president, shall preside at all such meetings.

Section 5. At every such meeting each member of the corporation in good and regular standing shall be entitled to cast the same number of votes as homes he/she owns and is paying annual dues on like number of homes.

Section 6. A quorum for the transaction of business at any such meeting shall consist of one third (1/3) of the homeowners in good and regular standing present (or represented by absentee vote) at the annual general meeting.

Section 7. The members of this corporation shall have power, by a majority vote at any such meeting, to remove any director or officer from office.

Section 8. Votes by proxy shall not be allowed at any meetings of the homeowners, special, regular or otherwise.

Section 9. Absentee votes are authorized at the annual general meeting or special meeting by homeowners in good and regular standing. Absentee votes shall be received by the Board designated agent no more than thirty (30) days prior to and not later than 5:00p.m. the day of the annual general meeting or special meeting.

ARTICLE IV:

Section 1. A board of nine (9) directors, who shall be elected by the members, shall manage the business and property of the corporation. Each director shall be an adult member in good and regular standing. A new Board of Directors consisting of nine (9) members to replace the original three (3) members of the Board of Directors is to be elected at the first meeting of homeowners.

Section 2. The Board of Directors shall be classified with respect to the time for which they shall severally hold office by dividing them into three classes. The directors of the first class shall be elected for a term of one (1) year, those of the second class for a term of two (2) years, and those of the third class for a term of three (3) years, and each succeeding annual election the successors to the class of directors whose term shall expire in that year, shall be elected to hold office for the term of three (3) years, so that the term of office of one class of directors shall expire each year.

Section 3. Special meetings of the Board of Directors may be called by the president and in his/her absence by the vice-president, or by any three members of the board. By unanimous consent of the directors, special meetings of the board may be held without notice, at any time and place. Notice of all regular and special meetings, except those by unanimous consent, shall be given at least ten (10) days prior to the time fixed for the meeting.

Section 4. A quorum for the transaction of business at any regular or special meeting of the directors shall consist of a majority of the members of the board.

Section 5. The directors shall elect the officers of the corporation. Such election to be at the directors meeting following each annual membership meeting. Officers may be removed at any time by a 2/3 vote of the full Board of Directors.

Section 6. The remaining directors at any regular or special directors meeting may fill vacancies in the Board of Directors.

Section 7. At each annual membership meeting the directors shall submit a statement of the business done during the preceding year together with a report of the condition of its tangible property and of the general financial condition of the corporation.

Section 8. A majority vote of the membership in good and regular standing will be required for any change of dues.

Section 9. Any special assessment contemplated by the Board of Directors for any purpose shall be presented to the members of the corporation and shall require a vote of a majority of the homeowners before it is enacted.

Section 10. The Board of Directors shall decide the method of collection of annual dues and any special assessment.

Section 11. Potential conflicts of interest in awarding Ski Island contracts shall be disclosed by members of the Board of Directors and/or involved member(s) of the corporation.

ARTICLE V:

Section 1. The officers of this corporation shall be a president, vice-president, secretary, assistant secretary, treasurer and an assistant treasurer, who shall be elected for a term of one year and shall hold office until their successors are duly elected and qualified. No one shall be eligible to the office of president or vice-president who is not a director of the corporation and any such officer who ceases to be a director shall cease to hold office as president or vice-president as soon as his/her successor is elected and qualified.

Section 2. The president shall preside at all meeting of directors and of the membership, shall sign all written contracts for the corporation and shall perform all such other duties as are incident to his/her office. In the case of the absence or disability of the president, the vice-president shall perform his/her duties.

Section 3. The secretary shall issue notices of all directors and membership meetings and shall attend and keep the minutes of the same, shall have charge of all corporate books, records and papers, shall be custodian of the corporate seal, shall attest with his/her signature and impress with the corporate seal all written contracts of the corporation and shall perform all such other duties as are incident to his/her office. In the case of the absence or disability of the secretary, the assistant secretary shall perform his/her duties.

Section 4. The treasurer shall have custody of all money and securities of the corporation and shall give bond in such sum and with such surety as the directors may require, conditioned upon the faithful performance of the duty of his/her office. He/she shall sign all checks of the corporation and shall make a report of the general financial condition of the corporation at each annual meeting of the membership. In the case of the absence or disability of the treasurer, the assistant treasurer shall perform his/her duties.

ARTICLE VI:

Section 1. Amendments to these by-laws may be made by a vote of the majority of the members present at any annual meeting of the membership, or at any special meeting thereof, when the proposed amendment has been set out in a notice of such meeting.

Covenants of Homeowners of Ski Island Lake Club, Inc.

Note: this listing is for informational purposes only and may not reflect any recent amendments. Please see a Board Member for the latest edition.

Covenants
First Amendment

Owner's Restrictions, Reservations and Covenants

FILED: January 23, 1959 at 1:57p.m.
RECORDED: Book 2326 page 728

Section 1, Ski Island Lake
Oklahoma County, Oklahoma

KNOW ALL MEN BY THESE PRESENTS: Whereas, the undersigned, hereinafter usually called Alsco, the owner of the property situated in Oklahoma County Oklahoma, covered by the Plat filed in the office of the County Clerk of said County on the 23 day of January, 1959, recorded therein Plat Book 34 at Page 56, which Plat refers to the restrictions, reservations, and covenants herein as being contained in a separate instrument executed contemporaneously therewith this instrument being that separate instrument and being part and parcel of said Plat and the dedication, restrictions and reservations thereon — has caused said property to be surveyed and platted into blocks, lots, streets and avenues, and has shown thereon a lake-area (which, together with the portions of the lake-bed and shore or banks shown, is hereinafter usually called the Lake when all are intended); and Alsco is desirous of furnishing hereby the separate instrument referred to upon said Plat and of commencing, hereby and by said Plat the platting and development of an exclusive, highclass, permanent residential district — Section 1 of which shall be made up of said blocks, streets and avenues (hereinafter usually called the Lots and Streets when all are intended) and the Lake and also the spillway and easements, temporary and permanent, shown upon said Plat, and the other sections of which shall be the additional Sections hereinafter referred to — and is desirous of commencing hereby a general improvement scheme for the mutual benefit of all persons while owners of any of said lots or while owners of any lots in sections hereinafter developed in the vicinity of said Section 1, and is desirous of promoting hereby and by such scheme the health, peace, safety, morals and general welfare of all such owners;

And Whereas, as a part of all thereof and to such ends, Alsco is desirous, also, of reserving, imposing and establishing hereby for and in itself and at the time and in the manner and to the extent provided in paragraph 20 hereof for and in Ski Island Lake Club, Inc., (hereinafter usually called the Club,) to be hereafter incorporated by Alsco, the right and power to adopt rules for the control of the streets and the Lake and spillway and easements and the further rights and powers hereinafter specified; and of giving notice and providing hereby (1) that Alsco shall not be obligated to develop additional Sections or Subdivisions, and (2) that in the event it so does, then it may do the same as it wishes and may establish and impose like restrictions, conditions, covenants and governing provisions and make such reservations as it wishes, all in its sole and uncontrolled discretion, and (3) that its responsibility and liability are, and always shall be, limited and ultimately may be relinquished and transferred as hereinafter provided, and (4) that is shall not be obligated to prefer any Section over any other Section —

NOW, THEREFORE, Alsco hereby declares and provides that each and all of the provisions of this instrument shall be covenants running with the title to the Lots and Streets and spillway and easements and the Lake (hereinafter usually called the Platted Property when all thereof are intended) and shall bind all future owners of any thereof, including the Club and Alsco, except and provided that the same shall not be deemed to bind any governmental subdivision or any public utility company now or hereafter existing and in good faith engaged in public utility service; and Alsco hereby provides and declares further, as follows:

1. Said Plat is hereby made a part hereof; and it and the Platted Property shall be, and are, subject to this instrument. While said streets and avenues are dedicated in accordance with the provisions hereof and the express dedication upon said Plat, the Lake and spillway are not dedicated, except that the right to use and enjoy and have the benefits of the Lake and spillway shall be afforded to owners of said lots as hereinafter expressly provided. Additional Sections shall not be deemed subject tot his instrument.

2. Before starting any dwelling-house or permanent outbuilding or septic tank and laterals system or any replacement of all or any substantial part thereof upon any of said lots, complete and adequate plans and specifications of that which is to be constructed or installed shall be furnished to Alsco in duplicate for its written approval; and it may refuse to approve any which in good faith it feels will not be conducive to upholding or improving the standards, appearance, condition or reputation of Section 1 and additional Sections or fears will not be sufficient for the purpose intended; and it may retain one of the counterparts submitted. House plans and specifications and plans and specifications of permanent outbuildings shall show the ground floor area, height, location and kind of material to be used in exterior walls and roof and all spoutings, chimneys, porches, attached patios, attached garages and ornamental projections, and shall show, also, all additional which Alsco reasonably requests. Plans and specifications of septic tank and laterals systems shall show the location, design, length and size of septic tanks and laterals; and laterals shall not be placed upon the thirty feet of any lot closest to the Lake. If as to any dwelling-house or permanent outbuilding or septic tank and laterals system, Alsco should determine in good faith that after exercise of ordinary care in examination and interpretation of plans and specifications submitted it misinterpreted the same and because thereof or because of any misinterpreted the same and because thereof or because of any misrepresentation or other fraud approved the same and determine also that to build or construct in accordance therewith will not be conducive to upholding or improving the standards, appearance, condition and reputation aforesaid, it may withdraw any approval given. No dwelling-house permanent outbuilding or septic tank and laterals shall be constructed or installed or substantially replaced in said subdivision or maintained there which are not substantially in accordance with this instrument. However, if for thirty (30) days after submission any plans and specifications not be approved or disapproved in writing, then the same shall, thereafter, be deemed approved in writing as required and may be used accordingly; and as to the same the approval may not be withdrawn. After assignment to the Club as authorized in paragraph 20 hereof, then approval or disapproval by the Club shall be equivalent to approval or disapproval by Alsco.

3. Each and every lot is restricted hereby to private residence or dwelling purposes only. Not more than one private dwelling-house shall be at one time upon a lot; except that, also, there may be such outbuildings as are at the time customarily used with private, single-family dwelling-houses and as are suitable for such use and conform in appearance to the one private dwelling-house. Each such dwelling-house shall be one-story and for year-round, permanent, single-family use only, and used only for such purpose, except that Alsco shall have the right and power to allow a two-story dwelling-house upon any lot or lots.

4. No business structure or business or professional use shall be constructed or maintained or carried on or permitted upon any of said lots. Business, commercial, professional and political billboards, signs, devices and displays are prohibited upon all said lots, except that, if, and as long as, neat and modest in appearance, signs advertising sale of any of said lots, if not in excess of five square feet in area, and signs disclosing the profession or business of the owner of any of said lots, if and not in excess of 200 square inches in area and if attached to the dwelling-house, shall be permitted.

5. All toilets, baths, sinks, lavatories and inside drains shall be connected with a septic tank properly installed and these and all laterals shall be such as to meet all requirements of, and be approved by, the governmental health or sanitary officials having jurisdiction or authority for the purpose; and no plumbing fittings shall be more than four inches in diameter.

6. None of said lots shall be used for any purpose unlawful or likely to injure the reputation of the neighborhood or used or maintained in such manner as to create either a public or private nuisance. Chickens, guineas, turkeys and other fowl of similar nature and goats, sheep, cattle, hogs, horses and other domestic animals of similar nature and wild, confined or restrained, fowl or animals, whether tamed or untamed, shall not be permitted or kept upon or about any of said lots.

7. No lease, rental or occupation agreement and no party driveway agreement shall be made affecting any of said lots; and none of said lots shall ever be used or occupied by tenants.
Note: This paragraph is amended, see Amendment 1.

8. No unpainted wooden structure, tent house, shack, trailer or prefabricated house, whether temporary or permanent, shall be upon or about any of said lots. No dwelling- house upon any of said lots shall be covered, wholly or partly, with tar, paper, metal, or canvas. No house or any other structure shall be moved onto any of said lots from any other place. The work of constructing a house or other structure on any of said lots, except for delay caused by shortage of materials or labor or strikes or weather conditions or act of God, shall be continuous until the house or other structure is completed; and each house or other structure must be completed within a period of twelve (12) months from the commencement thereof. If not completed in such twelve (12) months, then the uncompleted portion shall be removed immediately by the owner.

9. No dwelling-house shall be constructed or maintained upon any of said lots having less than 1,200 square feet of ground floor area; and at least seventy-five per centum of the exterior finish of each dwelling-house shall be of brick or rock veneer. No dwelling-house or any part thereof and no other permanent structure or any part thereof shall extend beyond the front or rear building limit lines as shown on said Plat; and no part of any dwelling-house or other structure shall be nearer than five feet to the side lot line, except spoutings and purely ornamental projections, which may extend to within two feet of the side lot line. No fence, wall, ornamental hedge or other obstruction over three and one-half feet high shall be placed, constructed or maintained along or near lot boundary lines on any of said lots.

10. No dock, steps, anchorage, platform, buoy, post, stake or obstruction, whether stationary or floating or otherwise movable, including boats and motors and their equipment and parts, shall, when not occupied and manned by at least one person and in use unconfined, afloat on the lake-water, be allowed to extend outward into the lake-water from the land beyond the running, common, apparent and general water-edge; and, instead, all such shall be placed, stored, kept or anchored wholly within artificial indentations or recesses constructed and maintained by the lot owner in safe, clean and presentable condition and appearance upon and within the lot; and no owner of any of said lots shall allow anything to encroach from his lot or the shore or bank or water there out into the lake-water beyond such water-edge as the same exists from time to time. It shall be permissible for the lake-water to extend into all such artificial indentations or recesses. Too, all such indentations or recesses authorized or constructed by a lot owner or used by him, his family, guests, employees, agents and other representatives, and all his docks, steps, anchorages, platforms, buoys, posts, stakes and other obstructions, shall be upon or within his lot and he shall not use, obstruct, or in any way interfere with the shore or bank or the water-edge along or normally allocable to any lot he does not own, or knowingly cause any such interference, through this provision shall not be deemed to prevent visitations or use from time to time by consent of the other owner.

11. As shown upon said Plat, a 50-foot sanitary easement is reserved by Alsco upon lots 10 and 11, in Block 3, upon which no part of any septic tank or lateral shall be placed or extend; and also Alsco reserves hereby a 5-foot drainage easement inside of and along, and upon each side of, each side lot line and adjacent thereto, this to be used for drainage of streets and avenues only and only if, when and as necessary for that purpose.

12. Owners of Lots 1 to 4, in block 4, shall have access to and enjoy the Lake, with rights of ingress and egress thereto only over areas not platted into blocks and lots.

13. Streets and avenues shall be for highway or road purposes; utilities and flowlines may be installed or maintained in streets and avenues, but only in businesslike manner and conformably to any applicable governmental requirements; and it shall be the right of Alsco to allow and provide for use and enjoyment of streets and avenues and the Lake and spillway by the owners of lots in all Sections and by the Club and to require all to co-operate to the end that other lot owners, their families and their guests when accompanied by the lot owner, may use and enjoy the same.

14. Not only shall it be the duty of a lot owner promptly and strictly to observe the provisions of this instrument and perform all to performed by him, but if at any time anything prohibited by this instrument be upon a lot owned by him, it shall be his duty, also, promptly to remove the same and place the surface of the lot in good, neat and presentable condition and appearance at his expense.

15. No sale or conveyance of any of said lots shall be begun, pursued or consummated without fifteen (15) days written notice thereof first being given Alsco, which hereby reserves, and shall have, a continuing right and option to buy any of said lots being sold at the price and terms asked or considered in good faith at the time, and, too, Alsco hereby reserves, and shall have, a continuing right to convey its such right and option to buy a lot or lots unto the owner or owners of the adjoining lot or lots or unto the Club. The right and option to Alsco to buy provided by this paragraph shall, unless released, be and continue transferable. Provided that, for a lot owner to effect any sale or conveyance, he must give the written notice aforesaid personally or by registered mail to Alsco, its grantee, and after receipt of the notice, Alsco, its grantee, shall have fifteen (15) days in which to exercise the right and option and buy at the price and upon the terms; and if Alsco, its grantee, do not buy within said time and at such price and terms, the right and option to buy shall wholly cease as to that sale but as to that sale only. No sale or conveyance of any of said lots shall be begun, pursued or consummated with or to any person not first approved by Alsco for membership in the Club; provided that, Alsco and the Club shall be deemed and hereby are approved for ownership of lots and need not be such member or approved for membership and that the requirement in this sentence for approval of a person attempting to buy or buying any lot shall not apply to any purchaser at any execution, foreclosure or other sale pursuant to court order, judgment or decree or pursuant to other legal processes. In event of a sale as to which Alsco does not buy, whether by a lot owner or pursuant to any execution, foreclosure or other sale pursuant to court order, judgment or decree or pursuant to other legal process, then the purchaser shall take the title subject to the continuing right and option of Alsco to buy under this paragraph. Provided that, one having a right and option hereunder to buy always may release the same in writing, whereupon the right and option released shall cease in accordance with the terms of the release. Anything in this instrument to the contrary notwithstanding, Alsco, until it assigns unto the Club as provided in paragraph 20 hereof, and then the Club, its successors or assigns, thereafter, may release the foregoing provision that a lot shall be sold only to a person first approved for membership in the Club; and in event of any such release, then, according to the terms of the release, the provision shall be deemed cancelled as fully and effectively as if never included in this instrument.
Note: This paragraph is replaced in its entirety by a new paragraph as set out in Amendment 1.

16. Failure or omission of Alsco or of the owner of any of said lots or of the Club or any utility company to attempt to enforce or to enforce any of the provisions of this instrument shall in no event be deemed a waiver of any such provisions or of the right to enforce the same.

17. By written instrument duly filed in said County Clerk's Office signed by Alsco, further restrictions, conditions, covenants, declarations, and governing provisions may be established and imposed upon and as to the streets and avenues and the Lake and spillway and easements, and, also, before the sale thereof as to lots unsold by Alsco, and all such may be made covenants running with the land, but hereafter none such shall be established or imposed as to a lot after Alsco sells it — and hereafter none shall be established or imposed as to any lot which are not more protective, restricting and exacting than expressed herein or upon said Plat — provided that, nothing shall be done hereafter to take from any owner of any lot reasonable use thereof and of the streets and avenues conformably to the purposes expressed in the introductory paragraphs hereof. For the accomplishment of the purposes expressed in the introductory paragraphs hereof and for the regulation and control, as it deems proper for the best interest of all, of (1) the Lake and (2) streets and avenues and (3) spillway and (4) shore or banks and the running, common, apparent and general water-edge (not including small natural, or constructed artificial, indentations or recesses within any lot) and (5) any part of any lot extending at any time out into the lake-water beyond the running, common, apparent, and general water-edge and (6) the conduct, both omission and commission, upon each and every part of all thereof of every lot owner and his family and guests and of all others whomever, and for the control of the use of all thereof (not including said lots generally), Alsco reserves hereby, and shall have, the right and power to adopt and impose rules, which every lot owner and his family and guests and all others upon the Platted Property or using or enjoying the same in any way shall observe and obey strictly at all times, and by the acceptance and holding of title to any of said lots or by any such use or enjoyment a person shall agree and be bound so to do, not only himself but to cause his family, guests, employees, agents and other representatives so to do.

18. By the acceptance of a conveyance of any lot, the lot owner and all obtaining any privileges by reason thereof shall be deemed to acknowledge they are fully cognizant of both the artificial and natural hazards surrounding the Lake and spillway and the streets and avenues and the easements and attending use or enjoyment of each, and agree they will make no claim against Alsco or the Club in any event by reason of any injury or damage done or caused by or resulting from any artificial or natural hazard on or about the Lake or spillway or any done or caused by or resulting from any careless or improper use or omission by them as to the streets or avenues or easements.

19. Every owner of any of said lots, as long as he remains such owner, shall have the right and privilege of using said Lake-area, with his family, and with guests when accompanied by him, but subject to each and every provision of this instrument and to the prevailing rules established and imposed from time to time under authority hereof. Alsco shall have the right and power to change any and all such rules by taking from or adding to or otherwise enlarging or wholly canceling.

20. After Alsco assigns unto the Club Alsco's right and power (1) to adopt or establish and to impose rules hereunder and change the same and (2) to approve or disapprove plans and specifications and to withdraw approvals and (3) to allow two-story dwelling-houses and (4) to require notice and to buy as provided in paragraph 15 hereof and to own and exercise the option to buy therein reserved and provided and to convey such option and (5) to release the same and (6) to require cooperation as authorized in paragraph 13 and (7) to approve or disapprove for membership in the Club, and for ownership of lots, as provided in said paragraph 15 and in paragraph 22 hereof and (8) to establish and impose further restrictions, conditions, covenants, declarations and governing provisions upon and as to the streets and the Lake and spillways and easements, and upon the assignment unto the Club of any other rights, powers, discretions and trusts of Alsco under this instrument or under any such rules, the Club, exclusively, shall have, own, enjoy, use and perform all assigned to it, and as to the same may do all which Alsco had right or power, express or implied, to do, with the same force and effect as if timely done by Alsco conformably to the applicable provisions of this instrument; and Alsco may convey to the Club all reservations and easements, whereupon the Club shall own the same and have full control thereover conformably tot he applicable provisions of this instrument; but Alsco shall be under no obligation to convey any such easements or reservations or any rights or powers having to do with water or the furnishing thereof to owners of said lots, and as to easements having to do therewith it may make such qualified or limited conveyance, if any, to the Club as Alsco in its sole discretion shall determine. The Club shall have no right or power to control Alsco or any utility company furnishing or offering to furnish water commercially to owners of lots in said Section 1 or in other Sections with Alsco's consent.

21. After the assignment or conveyance mentioned in paragraph 20 hereof, Alsco shall have no further right or power to establish and impose or change rules, but all theretofore established and imposed by Alsco and in force at the time shall continue in full force and effect unless and until changed by the Club; and the Club shall have the right and power to manage and control the Lake and the streets and avenues and the spillway and to require and enforce strict and prompt observance and performance under the dedication, restrictions and reservations upon said Plat and of this instrument and all rules and all proper changes.

22. As soon as Alsco, in its sole discretion, deems it mutually beneficial to itself and the then and future owners of said lots, Alsco shall cause the Club to be incorporated as Alsco deems best, with the membership or stockholder voting power in the owners of lots in all Sections, one vote per lot, and with the corporate control in a governing board to be chosen from time to time by such voting power. Each owner of a lot in said Section 1 shall be entitled to one share of such stock or to one membership for each lot owned, and as long as paragraph 15 hereof so provides persons required to be approved before being entitled to own a lot shall not own any of said stock or any membership in the Club unless and until first approved for the purpose by Alsco, or by the Club as its bylaws shall provide; and persons not owning a lot in one of said Sections may not own stock or membership and vice versa; provided that Alsco before it assigns to the Club as contemplated by the paragraph 20 hereof, and the Club after the assignment, may release the requirement herein that a person must be approved by Alsco or the Club before owning stock or membership, and that in event of any such release, then, according to the terms of the release, the requirement shall be deemed cancelled as fully and effectively as if never included in this instrument. Nothing herein shall be interpreted as giving any such owner any partnership or joint-adventurer responsibility or liability; and none of them shall ever have any partnership or joint-adventurer right, power or authority. Upon the incorporating of said corporation and the conveyance or assignment to it authorized herein, Alsco shall have no further right, responsibility, power, control, or liability in any event as to that which it assigns or conveys, excepting such as belong, also, to other owners of lots generally, and Alsco shall in no event be obligated to pay any expenses of said corporation other than the incorporating expense. Until it so conveys or assigns, Alsco shall have the right and responsibility of management and maintenance and control and exercise of all it is empowered hereunder to convey or assign, but after such assignment or conveyance to the Club, then the Club only shall have such right and responsibility, at the Club's expense. The Lake and spillway and streets and avenues are provided for lot owners, subject to the express condition that they and any and all other persons using or enjoying same in any way do so at their own risk, to which by such use or enjoyment all agree, whether or not owners of lots. The Club shall exist and be operated subject to its articles of incorporation and as its bylaws from time to time shall provide consistently herewith, and may collect regular dues, equally proportionate to all owners of lots according to the number of lots — but it shall levy no assessment except upon written consent of the number of members or stockholders to be required therefore by its bylaws. All owners of lots in Section 1 shall share the Lake and streets and avenues and spillway and cooperate with owners of lots in other Sections as said rules shall require. The Club shall serve, alike, as to all Sections and owners of lots therein. Alsco may establish and impose restrictions, reservations and covenants as to additional Sections and the owners of lots in all Sections of the purposes expressed in the introductory paragraphs hereof. From time to time Alsco may allow exceptions, temporary or permanent, in the application of, and may allow temporary failures in observance of, or compliance with, any of the restrictions upon said Plat or herein and in any of the provisions of this instrument and in any of said rules, except and provided that, it shall do such things only when it deems the same conducive to the accomplishment of the purposes expressed in the introductory paragraphs hereof. Anything in this instrument to the contrary notwithstanding, Alsco shall not be obligated in any event by anything herein to convey to any one any of said lots.

23. No release authorized in this instrument and no additional restriction or change in restrictions shall be effective unless in writing and filed in the office of said county clerk and unless, also, the same refer to said lots so as to insure the indexing thereof against said lots in said office.

24. Each and every provision of this instrument shall be deemed and be a covenant, regulation, restriction and reservation running with the land as to each lot in said Section 1 and binding upon Alsco and also upon all future owners of any of the lots in said Section 1, their heirs, executors, administrators, devisees, legatees, successors, trustees, grantees, and assigns, and upon the Club, its successors, any and all of whom shall have the right and power by proper action at law or in equity, including action for injunctive relief, to enforce this instrument and obtain strict and prompt observance of, and compliance with, its provisions and to prevent any violation or continuance thereof. Too, owners of lots in other Sections shall have such right and power to enforce and obtain observance and compliance and prevent violation or continuance of violation; and, similarly, owners of lots in Section 1 shall have right and power to enforce and obtain observance and compliance and prevent violation or continuance of violation as to the plat and the restrictions, reservations, and covenants established and imposed and reserved hereafter as to other Sections.

25. Alsco reserves hereby the exclusive right to install, own and operate, and to convey at will and for its sole benefit and wholly free of all such rules, a water system for furnishing water commercially to the owners of lots in said Section 1, with right to charge therefore — but it shall not be obligated to do any thereof. For such purposes it reserves, also, the right to use utility easements and the streets and avenues. The Club and each lot owner shall cooperate to the end that the aforesaid exclusive rights may be fully enjoyed and exercised by Alsco, its successors and assigns.

26. Subject to all such prevailing rules, anything in this instrument to the contrary notwithstanding, the owner of a lot shall have the control of, and responsibility for supervision and care of, the land at any time free of lake-water and between his front lake lot line and the then actual edge of the lake-water nearest his said lot line and between the lines located by extending his side lot lines in a straight line to the actual edge of the lake-water at the time be, and may use and shall care for the same; and if and when the lake-water fails to touch his lot he shall, in this way and as long as the lake-water fails to touch but no longer, be entitled for practical purposes to use his lot as though the same extended at the time to the actual lake-water edge; and the provisions of paragraph 10 hereof shall be applied so as to reconcile herewith as to all lots which do not touch the actual lake-water edge as long as such condition exists but no longer. Such owner shall keep any such land without the boundaries of his lot in safe, clean and presentable condition and at his expense protect against all hazards thereon.

27. Each reference herein to Alsco and to the Club shall respectively, be deemed to mean and include also their respective successors and assigns; and to this end the respective rights and benefits provided herein for Alsco and the Club shall extend to, and be owned and enjoyed by, their respective successors and assigns. Invalidation of any part of this instrument by court judgment or order shall in no way affect any of the other provisions — it being the intent that every valid and enforceable part hereof shall stand independently and continue irrespective of invalidity or unenforceability and continue irrespective of invalidity or unenforceability of any other part.

28. While reference is made herein to real estate other than the land included in the Platted Property, the title to such other real estate shall not be affected hereby; and it is intended that nothing be imposed upon such other real estate until platted and until "restrictions, reservations, and covenants" expressly describing the same are duly filed of record in said office.

IN WITNESS WHEREOF, Alsco Construction Company, a corporation under the laws of Oklahoma, the undersigned, has caused this instrument to be executed in its corporate name, and its corporate seal to be hereunto duly affixed, duly attested by its secretary, this 20th day of September, 1958, at Oklahoma City, Oklahoma.

First Amendment to Owner's Restrictions,
Reservations and Covenants, Section 1,
Ski Island Lake, Oklahoma County, Oklahoma

This instrument was filed for record December 7, 1962 at 10:00a.m., and duly recorded in Book 2834 page 71.

UNDER THE AUTHORITY reserved or provided for ALSCO CONSTRUCTION COMPANY, a corporation, hereinafter usually referred to as Alsco, in the restrictions, reservations and covenants of record in Book 2326 at page 728 in the office of the County Clerk of Oklahoma County, Oklahoma, Alsco, the undersigned, does hereby amend the same as follows:

1. By eliminating therefrom Par. 15 presently therein and substituting in place of said paragraph the following new paragraph, to-wit:
- 15. Except as provided to the contrary hereinafter in this paragraph 15, as to each and all of said lots being sold or exchanged by any one hereafter, Alsco hereby reserves, and it shall have, the option and first right to acquire the same at the price and terms which the then owner is offering to take therefore in case of sale or for a consideration equivalent in fair cash market value to that which the then owner is offering to take in case of exchange; and no sale or exchange of any of said lots shall be made without Alsco, or any grantee to whom Alsco conveys such option and first right to acquire, first being given fifteen (15) days' written notice thereof and being allowed such first right to acquire. To be sufficient to constitute such notice any written instrument shall disclose the following: the legal description of the lot or lots being offered for sale or exchange; as to each lot, in case of sale the amount of the consideration expected and in case of exchange the fair cash market value of the consideration expected and a general description thereof, including a clear description of the location thereof; in a general way the terms of sale or exchange agreed upon; the name and address of the owner and of the person to whom it is expected to make the sale or exchange; and the approximate date by which the owner expects the proposed sale or exchange to such person to be consummated. In event for fifteen (15) days after receipt of the notice Alsco, its such grantee, shall fail to exercise such option and do all things which reasonably should be done by it to complete the sale or exchange, including the delivering of consideration in return for conveyance in writing the duly acknowledged, then and thereupon as to that particular sale or exchange the option and right shall be extinguished and Alsco, its such grantee, shall lose the right to acquire and the owner may complete that proposed sale or exchange of the lot or lots in question for the consideration and upon the terms specified in the notice. But Alsco, its such grantee, shall have such option and right as to all other and further proposed sales or exchanges of the lot or lots in question, which in turn may be lost as to each particular proposed sale or exchange by failure to exercise same before the end of fifteen (15) days after such written notice. Also, Alsco hereby reserves, and it shall have, the right to convey unto the Club its such option and at Alsco's option, as to any particular lot or lots to convey the same unto the owner or owners at the time of the adjoining lot or lots, but no such conveyance by Alsco shall become effective or be binding upon any one until of record in the office of the County Clerk of Oklahoma County, Oklahoma. any grantee to whom Alsco so conveys, including the Club in event of conveyance of the option and right to it, must exercise the option and right before the end of the fifteen (15) days after such notice or lose the same as to the particular sale or exchange specified in the notice. Except as provided to the contrary hereinafter in this paragraph 15, no sale or exchange of any of said lots shall be consummated with or to any person not first approved by Alsco or the Club for membership in the Club; but no such approval of Alsco or of the Club shall be necessary before sale or exchange to Alsco or the Club, EXCEPT AND PROVIDED THAT anything to the contrary in these restrictions, reservations and covenants notwithstanding, in no event shall the foregoing two provisions in this paragraph 15: (1) the provision that Alsco, its such grantee, shall have the option and first right to acquire and that sale or exchange shall not be consummated without Alsco, its such grantee, first being given fifteen (15) days' notice and allowed first right to acquire and (2) the provision that a person must be approved by Alsco or the Club for membership in the Club before sale or conveyance to such person shall be consummated, be or become operative (a) against the owner in faith of any mortgage against any of said lots, including both such owners in possession and out of possession and including good faith mortgage owners who in good faith become owners of the mortgaged lot or lots for the purpose of realizing upon their mortgages or protecting themselves or their security in connection with the indebtedness or obligation secured or be or become operative (b) against the purchaser or purchasers at any execution, foreclosure, receivership, or other public sale of any said lots pursuant to court order, judgment, or decree or pursuant to other legal process, and that all persons acquiring title from the owner of any such mortgage or from the purchaser or purchasers at any such public sale shall take the title subject, again, to the aforesaid option and first right to acquire of Alsco, its such grantee, and subject also, and again, to the aforesaid provision that no sale or exchange shall be consummated with or to any person not first approved by Alsco or the Club for membership in the Club to the end that all persons acquiring from the owner of any such mortgage or from the purchaser or purchasers at any such public sale and their heirs and grantees (continuing to except as aforesaid good faith owners of mortgages and the purchaser or purchasers at such public sales) shall have no right to sell or exchange without first allowing, as aforesaid, the option and first right to acquire to Alsco, its such grantee, and shall not sell or exchange to a person not approved by Alsco or the Club for membership in the Club before the sale or exchange. Provided that, one having an option and right hereunder to acquire always may release the same in writing, whereupon the option and right released shall cease in accordance with the terms of the release, and also, Alsco, until it assigns unto the Club as authorized by paragraph 20 of these restrictions, reservations, and covenants, and then the Club, its successors or assigns, may release the foregoing provision that a lot shall be sold or exchanged only to a person first approved for membership in the Club, whereupon the provision so released shall be deemed and be cancelled.

2. By adding at the close of Par. 7 thereof the following, to-wit:
- Except and provided that, anything to the contrary in these restrictions, reservations and covenants notwithstanding, in no event shall the foregoing two provisions in this paragraph 7: (1) The provision that no lease, rental or occupation agreement shall be made and (2) the provision that none of said lots shall ever be used or occupied by tenants, be or become operative (a) against the owner in good faith of any mortgage against any of said lots, including both such owners in possession and out of possession and including good faith mortgage owners who in good faith become owners of the mortgaged lot or lots for the purpose of realizing upon their mortgages or protecting themselves or their security in connection with the indebtedness or obligation secured or be or become operative (b) against the purchaser or purchasers at any execution, foreclosure, receivership, or other public sale of any of said lots pursuant to court order, judgment, or decree or pursuant to other legal process, and that all persons acquiring title from the owner of any such mortgage or from the purchaser at any such public sale, or from the heirs or assigns or either, shall take the title subject, again, to the aforesaid restriction against lease, rental, or occupation agreements and against use or occupancy by tenants to the end that all persons acquiring from the owner of any such mortgage or from the purchaser or purchasers at any such public sale, or from the heirs or assigns of any of them, and also the heirs and assigns of those so acquiring, (continuing to except as aforesaid good faith owners of mortgages and the purchaser or purchasers at such public sales) shall make no lease, rental, or occupation agreement affecting any of said lots and shall not allow the use or occupancy of their lot or lots by tenants.
And, further, under such authority, Alsco does hereby declare and provide further as follows:

A. To the end that this instrument shall be indexed in the office of said county clerk against each and all of the lots in said Section 1, and to accomplish all other purposes herein suggested or stated, this instrument shall affect each of said lots, and the provisions of this instrument shall be deemed to be covenants, regulations, restrictions, and reservations running with the land and with the title to each lot in said Section 1.

B. The changes in said restrictions, reservations, and covenants so of record effected by this instrument shall be as fully effective as if the same were incorporated therein upon the date thereof instead of being made now; and references in said restrictions, reservations and covenants so of record to provisions of paragraph 15 or to paragraph 15 shall be deemed to mean and be to the new paragraph 15 established by this instrument.

C. Said restrictions, reservations and covenants so of record shall continue in full force and effect as amended and supplemented by this instrument.

IN WITNESS WHEREOF, Alsco Construction Company has caused this instrument to be executed in its corporate name, and its corporate seal to be hereunto duly affixed, duly attested by its Assistant Secretary, this 12th day of July, 1962, at Oklahoma City, Oklahoma.

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