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MASTER DECLARATION

OF COVENANTS, CONDITIONS, RESTRICTIONS AND EASEMENTS FOR CASTLE PINES NORTH

Section 4.3. Membership in Master Association. Each Owner of a Privately Owned Site within the Master Association Area shall be a member of the Master Association. There shall be one membership in the Master Association for each Privately Owned Site within the Master Association Area. The person or persons who constitute the Owner of a Privately Owned Site shall automatically be the holder of the membership in the Master Association appurtenant to that Privately Owned Site, and such membership shall automatically pass with fee simple title to the Privately Owned Site. No Owner, whether one or more persons, shall have more than one membership per Site owned, but all of the persons owning each Site shall be entitled to rights of membership and of use and enjoyment appurtenant to ownership of a Site. Declarant shall hold a separate membership in the Master Association for each Privately Owned Site owned by Declarant. Membership in the Master Association shall not be assignable separate and apart from fee simple title to a Privately Owned Site, except that an Owner may assign some or all of such Owner's rights as an Owner to use Improvements or otherwise to a Related User or Mortgagee and may arrange for a Related User to perform some or all of such Owner's obligations as provided in this Declaration, but no Owner shall be permitted to relieve such Owner of the responsibility for fulfillment of all of the obligations of an Owner under this Declaration.

Section 4.4. Establishment of Delegate Districts. The Master Association Area shall be divided into Delegate Districts, and each Delegate District shall elect one Delegate to the Master Association to exercise the voting power of all the Owners in such Delegate District. If a Subassociation is created by the recordation of a Supplemental Declaration, then, unless otherwise provided for in such Supplemental Declaration, all of the Expansion Property within the jurisdiction of the Subassociation shall constitute a Delegate District. A Delegate District may consist of one or more Expansion Properties. A Subassociation may consist of one or more Expansion Properties and/or one or more Delegate Districts. In the event that there shall not be created a Subassociation for any portion of the Expansion Property, then the Delegate District or Districts for such Expansion Property shall be established by Declarant by the recordation of one or more Supplemental Declarations or other written instruments signed by Declarant. Such Supplemental Declarations or other instruments shall contain legal descriptions of the portions of the Expansion Property which shall be or become part of a Delegate District and a statement that such real property described therein shall be or become part of a designated Delegate District for purposes of this Declaration.

Section 4.5. Voting Rights of Owners. Each Owner shall have the right to cast votes for the election of the Delegate to the Master Association to exercise the voting power of the Delegate District in which the Owner's Privately Owned Site is located. If such Delegate District is within the jurisdiction of a Subassociation, then, unless otherwise provided in the Supplemental. Declaration for such Subassociation, the Owner shall have the same voting rights for the election of the Delegate from that Delegate District as are provided for the election of the board of directors of the Subassociation. If such Delegate District is not subject to the jurisdiction of a Subassociation, then there shall be two classes of Owners in such Delegate District: (a) Class A Owners; and (b) Class B Owners, as follows:

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Master Declaration

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Castle Pines North Master Association

Telephone and fax:      303-482-3078
Email:                         admin@cpnhoa.org
Website:                     www.cpnhoa.org

Mailing Address:          CPN Master Association
                                  7402 Yorkshire Drive
                                  Castle Rock, CO 80108

NOTE:  The Master Association does NOT have an office location or an outside management company.  We have an independent team of part-time contractors. All inquiries to the Master Association are responded to as soon as possible.
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