1. On or about the date of recordation of this Declaration, in the Office of the County Recorder of orange County, State of California, Declarant owns that certain real property, commonly known as La Veta Monterey Condominium, located at 700 West La Veta Avenue, in the City of Orange, County of Orange, State of California, improves with seventy-four (74) units in Phase I and with property, improvements and all appurtenances and facilities thereof, being hereinafter collectively referred to as the "project," all of which is hereinafter more particularly described as follows:Parcel 1 of Parcel Map No. 79-756 in the City of Orange, County of Orange, State of California as per map recorded in Book 133, Pages 19 and 20 of Parcel Maps records of Orange County California (the "Existing property.")

2. It is the desire and intention of Declarant to sell and convey interests in said real property to various individuals and subject to certain basic protective restrictions, limitations, easements, covenants, reservations, lines and charges between it and the acquires or users if said property, as hereinafter set forth. NOW, THEREFORE, pursuant to the provisions of Chapter 1, of Title 6., Part IV of Division 2. of the California Civil Code and Section 1468 of the California Civil Code, Declarant hereby declares that the property, improvements, appurtenances and facilities described herein and as shown on the Condominium Plan to be recorded in connection with the project and such addition thereto as may hereafter be made pursuant to Article VXIII hereof, shall be held, conveyed, divided, encumbered, hypothecated, leased, rented, used, occupied and improved only and subject to the following uniform covenants, conditions, restrictions, limitations, reservations, easements, right, rights-of-way, liens, charges and equitable servitude all of which are hereby declared, established, expressed and agreed to: (a) be in furtherance of a plan for the subdivision and sale of individual condominiums in a condominium project as defined in Section 1350 of the California Civil Code; (b) be for the benefit and protection of the project, its desirability, value and attractiveness; (c) be for the benefit of owners of condominiums in the project; (d) run with the land and be binding on all parties having or acquiring any right, title or interest in the project or any part thereof; (e) inure to the benefit of and be binding upon each successor an assignee I interest of each owner and of Declarant. Any conveyance, transfer, sale assignment, lease or sublease made by Declarant or by the Association, as hereinafter defined, of a unit in the project shall and is hereby deemed to incorporate by reference the provisions of this Declaration, including, but not limited to, covenants, conditions, restrictions, rights-of-way, liens, charges and equitable servitude's contained herein. The provisions of this Declaration shall be enforceable by Declarant, any owner or his or its successor in interest and shall also be enforceable by the Association, its Board of Directors or any person, firm or corporation duly authorized by the Association or its Board, to enforce all or any one or more of the provisions hereof.

4. Common Area, of Phase I of this project, is the land and real property, including all improvements constructed thereon, within the boundary lines of Parcel 1 of Parcel Map 79-756, City of Orange, County of Orange, State of California, as per Map recorded in the Office of the County Recorded of said County, excepting those portions shown and defined as Units 62 to 112 inclusive, 114 to 124 inclusive, 202 to 212 inclusive and 214 on the Condominium Plan, Exhibit "A:" hereto and made a part hereof.

The Common Area of proposed Phase II of this project, is the land and real property, including all improvements constructed thereon within the boundary lines of Parcel 2 of Parcel Map 79-756 as per Map recorded in Office of the County Recorded of Orange County, excepting therefrom those portions shown a defined as Units 125 to 201 inclusive and 215 on the Condominium Plan.
The Common Area of proposed Phase III of this project, is the land and real property, including all improvements constructed thereon within the boundary lines of Parcel 32 of Parcel Map 79-756 as per Map recorded in Office of the County Recorded of Orange County, excepting therefrom those portions shown a defined as Units 1 to 12 inclusive and 14 to 61 inclusive as shown on the Condominium Plan.

There shall be recorded, prior to the close of the first sales escrow in Phase I and thereafter, prior to the close of the first sales escrow in proposed Phases II and III, a deed in the form substantially the same as that set forth in Exhibits C-1, C-2 and C-3 attached hereto and made a part hereof, granting to the Association, it members, present and future, an easement for the use and enjoyment and ingress and egress over the Common Area, it being the intent of the Declarant as to all propose Phases II and II members of the Association, the full right and complete use of any and all common recreational facilities located on Parcels 2 and 3. These reciprocal easements rights shall apply no only to the use of common recreational facilities, but also to open common areas, laundry facilities, underground utilities and surface drainage. Further, in connection with surface drainage no unit owner may block surface drainage across his private yard area from other private yard areas. There shall also exist an easement across private yard areas for access to utility meter boxes by agents and/or employees of utility companies to read and/or service utility meter boxes.