SEDONA AT SEVEN CANYONS, UNIT II CC&RS FENNEMORE CRAIG RECORDED 100% COMPLETEWhen recorded retum to: Fennemore Craig 3003 North Central Avenue Suite 2600 Phoenix, Arizona 85012-2913 Attention: George T. Cole DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS FOR SEDONA AT SEVEN CANYONS - UNIT ITABLE OF CONTENTS Page RIGHTS OF ENJOYMENT... 2 1.1 Owners’ Right of Enjoyment 2 1.2 Delegation of Use 3 13 Waiver of Use 3 ASSOCIATION 3 2.1 Purpose of Association sscissnunsieintnnenesese 2.2 Membership in Association 2.3 Suspension of Voting Rights... = 2.4 Pledge of Voting Rights... oe 2.5 Assignment of Declarant’s Voting Rights 2.6 — Governing Board... 2.7 Board’s Determination Binding 2.8 Approval of OWNETS. nnn . 2.9 Additional Provisions in Articles and Bylaws... . 2.10 Association Rules... 2.11 Indemnification 2.12 Non-Liability of Officials......... 2.13 Easements... . 2.14 Accounting...... secs 2.15 Records......... - 2.16 Managing Agent... 7 7 2.17 Declarant’s Control of Association. 7 2.18 Rights of Enforcement . 2.19 Contracts With Others For Performance of Association’s Duties 2.20. Changes to Common Areas eae 2.21 Purposes For Which Association’s Funds May be Used.... 2.22 Borrowing Power... 2.23 Association’s Rights in Spending Funds From Year to Year ‘GCOLE/296876./85397 008, +