THIS MASTER DECLARATION is made on the 18th day of October, 1984, by CASTLE PINES LAND COMPANY, a Colorado joint venture, hereinafter referred to as the 'Declarant.'
Declarant is the owner of all of certain real property located in Douglas County, Colorado, more particularly described on Exhibit A attached hereto (the "Master Association Properties," which term shall include all real property submitted to this Declaration from time to time), and hereby makes this Master Declaration of Covenants, Conditions, Restrictions and Easements for Castle Pines North ("Declaration") in order to create an integrated and planned community of mixed residential, recreational, and commercial uses ("Castle Pines North").
Declarant, and/or its successors or assigns, intends to develop the above‑described property, or selected portions thereof, as a planned community accommodating a mix of residential, recreational, commercial and other land uses,
Declarant hereby declares that all the property described in attached Exhibit "A", and upon any subsequent properties annexed hereto in accordance with the provisions of this Declaration, shall be held, sold and conveyed subject to the following easements, restrictions, covenants and conditions, which are for the purpose of protecting the value and desirability of, and which shall run with, the real property and any such subsequently annexed properties and shall be binding upon, and inure to the benefit of, all parties having any right, title or interest in the described property or any part thereof, and their heirs, personal and legal representatives; successors and assigns; and Declarant hereby declares that all of much property and properties shall hereafter be held, sold, conveyed, encumbered, leased, rented, occupied and improved subject to the following provisions.
Section 1.1. Statement of Purpose: These Covenants are imposed for the benefit of all owners and future owners of parcels of land located within the Master Association Properties. The Covenants create specific rights and privileges which may be shared and enjoyed by all owners and occupants of any part of the Master Association Properties.
Section 1.2. Declarant's Intent: Declarant desires to ensure the attractiveness of the individual lots and parcels and facilities developed within the Master Association Properties to prevent any future impairment thereof; and to preserve, protect, and enhance the values and amenities of the Master Association Properties. It is the intent of Declarant to guard against the erection on the Master Association Properties of improvements or structures built of improper (continued on next page)
