Corporate

Incorporated under the laws of the State of Georgia, as a nonprofit membership corporation

This Declaration has been made on the ___________________________day of______________________________. 1971, by N. E. ISAACSON OF GEORGIA, INC., a Georgia Corporation (the "Developer"). The Developer is the owner of the real property described in Section 2.01 hereof. The Developer desire to create on said real property and on such additions as may hereafter be made thereto (as provided in Section 2.02 hereof) a development known as Turtle Cove, in accordance with a general plan or scheme integrating clusters of residential lots, residential condominium property, and recreational improvements, and including areas designed for camping and permanent green areas and other open spaces.

The Developer desires to provide for the protection of the values, amenities, and qualities in the development and for the maintenance, improvement, regulation and preservation of the Common Properties (grounds and facilities) and, to this end, to subject the Properties in the Development to the covenants, restrictions, easements, charges and liens set forth in this Declaration, each and every one of which pertains to said Properties and is for the benefit of each future Owner thereof and the Developer.

The Developer has caused to be incorporated under the laws of the State of Georgia, as a nonprofit membership corporation, the TURTLE COVE PROPERTY OWNERS ASSOCIATION, INC., and has delegated and assigned to it the powers of maintaining, improving, regulating and preserving the Common Properties, administering and enforcing the covenants, restrictions, easements and liens, and collecting and disbursing the assessments and charges hereinafter created. The Developer declares that the real property in the development, including such additions as may hereafter be made thereto (as provided in Section 2.02), is and shall be held, conveyed and occupied subject to the covenants, restrictions, easements, charges and liens set forth in this Declaration. Every Grantee of any interest in any Lot now or hereafter subject to this Declaration or a Supplementary Declaration hereto shall, by acceptance of a deed or other conveyance of such interest, take such interest subject to this Declaration and such Supplementary Declaration and to all the covenants, restrictions, easements, charges and liens set forth herein and therein and shall be deemed to have assented thereto and in full whether or not so expressed in any such deed or other conveyance, and whether or not such grantee has signed any such deed or other conveyance or otherwise consented in writing.