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EXECUTIVE VILLAGE
HOMEOWNERS ASSOCIATION
b) This shall not be subdivided and for the purpose of its being used as an
access or right-of-way to any adjacent lands outside the subdivision or for
any other purpose.
Interior Lots
Corner Lots
The assessments are required for the purpose of drainage, sewage, water and
other public utility facilities as may be necessary and desirable and also for
ventilation purposes. The owner or occupant shall permit free access thereto by
the authorized representatives of Sta. Lucia Realty and/or public utility entities
for the purpose of which the easement is created. Carport may be allowed to
about one side of the boundary with firewall up to a maximum length of 6 m.
only.
g) No animals or fowl shall be maintained or kept on the lot except pets. The term
“pets” means dogs, cats, and chickens not in commercial quantities.
h) For maintenance of vacant lots, PURCHASER shall pay a monthly maintenance
fee of P __________________ which amount shall be incorporated into
PURCHASER’S monthly account.
b) For commercial lots, should the lot buyer construct a commercial building or
structure on said lot, the same shall be at least P1,000,000. If the building to be
constructed be apartments, the building cost shall be at least P200,000 per door.
There should be at least five (5) meters setback for all commercial lots fronting
the road for easements and parking purposes. The front portion(s) of commercial
lots shall not be fenced.
c) In all cases above, the complete plans and specific actions thereof together with
the conditions duly required in writing shall be duly approved by the OWNER
prior to the start or commencement of any construction. The complete housing
or building plans must be submitted at least (30) days prior to the start of
construction. Any construction commenced without prior approval of the plans
thereof by the OWNER may be stopped and all materials for use in the
construction thereof may be refused entry in the subdivision.
e) The City/Municipal Building permit must be acquired for the above commercial
building or residential house after the plans have been approved beforehand by
the OWNER. No construction or facing shall be started Permit.
f) In the event PURCHASER construct his/her house on a wrong lot, the PURCHASER
shall immediately remove said construction at this expense; otherwise, the
OWNER shall immediately remove the same at the PURCHASER’S expense without
the necessity of court order and without any criminal and/or civil liability
whatsoever on the part of the corporation or its officers and employees.
b) The OWNER shall handle the exclusive management and supervision of the water
system as well as the charging of water less similar to other first class
communities or subdivisions.
c) No lot owner shall be allowed to install and drainage outlet outside his property
without the written approval of the OWNER.
d) No lot owner shall be allowed to install booster pumps or similar devices to his
connection to the subdivision water system. Violation hereof shall give the
OWNER the right to discontinue service to PURCHASER.
VI – VEHICULAR ENTRANCES:
a) No vehicular entrances or exits shall be allowed along circular curves at street
intersections.
b) Should the PURCHASER violate any provision of the Deed of Restrictions such as
the easement requirements the OWNER shall, without the necessity of court
order, remove and/or demolish or cause the removal or demolition of any
structure built or constructed in violation of the specified assessments or any
other restrictions specified in the Deed of Restrictions duly agreed upon at the
expense of the PURCHASER and the PURCHASER hereby voluntarily submits and
agrees that the OWNER shall not incur any civil or criminal liability whatsoever.
Furthermore, the costs of removal and/or demolition shall be for the account of
the PURCHASER and the latter shall pay in full the said costs upon written
demand by the OWNER.
c) The PURCHASER hereby makes manifest and represents that he/she/it has
investigated the property subject matter of this Contract and that he/she/it has
found no squatters or adverse occupants whatsoever thereon and is fully satisfied
with the area, terrain and contour of the lot, actual condition of the lot and the
area in general.
e) The PURCHASER agrees not to sell, cede, encumber, transfer, or in any manner
to do any act will violate this Deed of Restrictions without the prior written
approval of the OWNER and until all stipulations of this deed shall have been
fulfilled. The PURCHASER binds himself/herself during the life of this Deed of
Restrictions not to after, remove displace or in any way, interfere with any
monument or other evidence of boundary upon said premises, not to cut or
destroy or in any other manner cause any waste or damage to or upon said
premises or to allow others the commission of any of the aforesaid acts, without
previous written approval from the OWNER. It is understood that all
expropriations which might hereafter be made of the property or any portion
thereof shall be for the sole account of the PURCHASER and shall not in any way
affect his/her/their obligations in favour of the OWNER under the contract.
f) Should the OWNER, acting for and in behalf of the PURCHASER, files the
necessary subdivision application with the Manila Electric Company (MERALCO)
for installation of electric service within the subdivision, and MERALCO requires
the OWNER to post a surely bond to guarantee its service including labor and
materials the PURCHASER shall be exempted from sharing with the OWNER the
expenses of putting up the said surety from MERALCO, then the OWNER and the
PURCHASER shall share equally fifty-fifty the expense for such cash bon or cash
advance and/or subscription of preferred shares. It is hereby stipulated that in
such latter case, the fifty (50%) percent shares of the PURCHASER shall be
apportioned among all other PURCHASER if there are any, included in the same
Project Number of MERALCO who will be benefited by the installation of the
electric service. Moreover, it is hereby understood that the said PURCHASER shall
be co-owner/s with the OWNER of the preferred shares in proportion to the sum
that he/they/has/have paid. If subsequently, some other lot buyer/s build/s
his/her residence and apply/lies for electric using the existing lines in the same
Project number of MERALCO, he/they shall pay outright to the OWNER the
corresponding sum observing the fifty (50%) percent proportion as the original lot
buyers who have been granted the electric supply in a certain project approved
by MERALCO in which event the amount paid by the original buyer/s shall be
correspondingly and proportionately reimbursed to them in the form of cash or
shares in conformity with the fifty (50%) percent shares herebefore mention.
IN WITNESS WHEREOF, the said parties hereunto set their hands this __________________ day of
__________________, _________ in ___________________________________________, Philippines.
TAN A 2438-J0981-A-O
CONFORME:
By: MARIZA S. TAN
VICE PRESIDENT FOR SALES
Purchaser
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