ARTICLE Iname and Location

Rock Lake North

Homeowners’ Association

BYLAWS

Revised - October14, 2013

Table of Contents

ARTICLE IName and Location

1.01The Name of the CorporationPage 1

ARTICLE IIDefinitions

2.01AssociationPage 1

2.02PropertiesPage 1

2.03Common GroundPage 1

2.04LotPage 1

2.05OwnerPage 1

2.06MemberPage 1

2.07DeclarationPage 1

ARTICLE IIIMeeting of Members

3.01Annual MeetingPage 1

3.02Social MeetingsPage 2

3.03Notice of Special MeetingsPage 2

3.04Quorum for Meeting RequiringPage 2

A Vote

3.05ProxiesPage 2

ARTICLE IVSelection and Terms of Office of Directors

4.01Number and ControlPage 2

4.02Term of OfficePage 2

4.03RemovalPage 2

4.04CompensationPage 2

ARTICLE VNomination and Election of Directors

5.01NominationPage 3

5.02ElectionPage 3

ARTICLE VIMeetings of Directors

6.01Regular Directors’ MeetingsPage 3

6.02Special Directors’ MeetingsPage 3

6.03QuorumPage 3

6.04Action Taken Without MeetingPage 3

ARTICLE VIIPowers and Duties of Board of Directors

7.01Powers of the Board of DirectorsPage 4

7.02Duties of the Board of DirectorsPage 4

7.03Officers’ DutiesPage 5

7.04Resignation of an OfficerPage 5

7.05Special AppointmentsPage 6

7.06 VacanciesPage 6

7.07Multiple OfficesPage 6

7.08CommitteesPage 6

7.09Terms of OfficersPage 6

ARTICLE VIIIBooks and Records

8.01Books and RecordsPage 6

ARTICLE IXAssessments

9.01AssessmentsPage 6

ARTICLE XWater/Sewage Non-Payment

10.01Water/Sewage Non-PaymentPage 7

ARTICLE XIMembership

11.01Membership GenerallyPage 7

ARTICLE XIIAmendments

12.01AmendmentsPage 8

ARTICLE XIIIFiscal Year

13.01Fiscal YearPage 8

ARTICLE XIVMiscellaneous

14.01ConflictsPage 8

ARTICLE I

NAME AND LOCATION

1.01 The Name of the Corporation, referred to in these Bylaws as the “Association”, is Rock LakeNorth Homeowners’ Association, a Pennsylvania non-profit corporation. The registered office of the Association shall be located at 113 Rock Lake Drive - Zelienople, Pennsylvania16063.

ARTICLE II

DEFINITIONS

2.01 Association shall mean and refer to the Rock Lake North Homeowners’ Association, its successors and assigns.

2.02 Properties shall mean and refer to that certain real property described in the Declaration of Covenants, Conditions, and Restrictions, and additions to that property that may be brought within the jurisdiction of the Association. Specifically, the term “Properties” shall mean and refer to real property, commonly know as “Rock Lake North,” shown on the plan/map filed or located at, and described in, the legal description attached to the Declaration of Covenants, Conditions, and Restrictions as “Exhibit A”, which is benefited, improved or accommodated by the water distribution and sewagecollectionsystems.

2.03 Common Ground shall mean all real property owned by the Association for the common use and enjoyment of the Owners.

2.04 Lot shall mean and refer to any plot of land shown on any recorded subdivision map of the Properties, with the exception of the Common Area.

2.05 Owner shall mean and refer to the record owner, whether one or more persons or entities, of the fee simple title to any Lot that is a part of the Properties, including contract sellers, but excluding those having an interest merely as security for the performance of an obligation.

2.06 Member shall mean and refer to those persons entitled to Membership in the Association as provided in the Declaration Article VI, Section 1 and Article XI of these Bylaws.

2.07 Declaration shall mean and refer to the Declaration of Covenants, Conditions, and Restrictions applicable to the Properties recorded in the Office of the Recorder of Deeds for the County of Butler, Commonwealth of Pennsylvania on ______, 2013, Volume ____ - Page ____.

ARTICLE III

MEETINGS OF MEMBERS

3.01 Annual Meeting - Regular annual meetings of the Members shall be held in September of each year at a date and time designated by the Board of Directors. If the day selected for the annual meeting of the Members is a legal holiday, the meeting will be held at the same hour on the first day following that is not a legal holiday.

3.02 Special Meetings- Special meetings of the Members may be called at any time by the President or by the Board of Directors, or by written request of fifty-one (51%) percent of the Membership who are entitled to vote.

3.03 Notice of Special Meetings - Written notice of each special meeting of the Members shall be given by, or at the direction of, the secretary or person authorized to call the meeting, by mailing a copy of the notice at least fifteen (15) days before the meeting to each Member entitled to vote at the meeting, addressed to the Member’s address last appearing on the books of the Association, or supplied by the Member to the Association for the purpose of notice. The notice shall specify the place, day, hour and the purpose of the meeting.

3.04 Quorum for Meetings Requiring a Vote - The presence at the meeting of fifty-one (51%) percent of the membership entitled to vote either in person or by proxy shall constitute a quorum for any action, except as otherwise provided in the Articles of Incorporation. If, however, a quorum shall not be present or represented at any meeting without notice, other than to announce a new meeting to be held until a quorum (51%) of the members at the previous meeting shall be present or be represented.

3.05 Proxies - At all meetings of Members, each Member may vote in person or by proxy. All proxies shall be in writing and filed with the secretary. Every proxy shall be revocable and shall automatically cease on conveyance by the Member of his or her lot.

ARTICLE IV

SELECTION AND TERMS OF OFFICE OF DIRECTORS

4.01 Number and Control - The affairs of this Association shall be managed by a Board of five (5) Directors. The officers of this Association shall be president and vice-president (who shall at all times be Members of the Board of Directors), a secretary, a treasurer and other officers as the board may from time to time by resolution create.

4.02 Term of Office–At the first annual meeting, the members elected two (2) Directors for terms of one (1) year, two (2) Directors for terms of two (2) years, and one (1) Director for a term of three (3)years. The candidate who received the most votes received a term of three (3) years, those receiving the second and third highest votes each received a term of two (2) years and those receiving the fourth and fifth highest votes each received a term of one (1) year. At each annual meeting thereafter, the Members shall elect two (2) or three (3) directors, as the respective terms expire, for a subsequent term of two (2) years. In case of a tie, the members present shall break the tie by a written vote.

4.03 Removal - Any director may be removed from the Board, with just cause, by a majority vote of fifty-one (51%) percent of Members of the Association. In the event of death, resignation, or removal of a director, his or her successor shall be selected by the remaining members of the Board and shall serve for the unexpired term of his or her predecessor.

4.04 Compensation - No director shall receive compensation for any service her or she may render to the Association; however, any director may be reimbursed for actual expenses incurred in the performance of his or her duties.

ARTICLE V

NOMINATION AND ELECTION OF DIRECTORS

5.01 Nomination - Nomination for election to the Board of Directors shall be made by a Nominating Committee. Nominations may also be made from the floor. The Nominating Committee shall consist of a Chairperson appointed by the Board, and two or more members of the Association chosen by the Chairperson prior to each annual meeting, to serve from the close of the annual meeting until the close of the next annual meeting, and the appointment shall be announced at each annual meeting. The Nominating Committee shall make as many nominations for election to the Board of Directors as it shall in its discretion designate, but not less than the number of vacancies that are to be filled.

5.02 Election - Election to the Board of Directors shall be by secret written ballot. At the election, the Member or their proxies may cast, in respect to each vacancy, one (1) vote for each Lot in existence. When more than one person holds an interest in any Lot, all such persons shall be Members. The vote for the Lot shall be exercised as they among themselves determine, but in no event shall more than one (1) vote be cast with respect to any Lot. The persons receiving the largest number of votes shall be elected. In case of a tie, the members present shall break the tie by secret written vote and recorded by the secretary. No member of this Association shall have the right to accumulate his or her votes for the election of Directors, or otherwise, or for any other purpose except for the right to exercise a cumulative voting privilege specifically granted or reserved by law.

ARTICLE VI

MEETINGS OF DIRECTORS

6.01 Regular Directors’ Meetings - Regular meetings of the Board of Directors shall be held monthly with notice by newsletter, or may be held without notice in the event of an emergency and may be held prior to the residents meeting.

6.02 Special Directors’ Meetings- Special meetings of the Board of Directors shall be held when called by the President of the Association, or by any two directors, after not less than three (3) days notice to each director.

6.03 Quorum- A majority of the number of directors shall constitute a quorum for the transaction of business. Every act or decision done or made by a majority of the directors present at a duly held meeting at which a quorum is present shall be regarded as the act of the Board.

6.04 Action Taken Without Meeting - The directors shall have the right to take any action in the absence of a meeting that they could take at a meeting by phone or email, followed by obtaining the written approval of all the directors. Any action so approved shall have the same effect as though taken at a meeting of the directors.

ARTICLE VII

POWERS AND DUTIES OF BOARD OF DIRECTORS

7.01 Powers of the Board of Directors - The Board of Directors shall have the power to:

(A) Adopt and publish rules and regulations governing the use of the Common Area and facilities, and the personal conduct of the Members and their guests on the Common Area and facilities, and establish penalties for the infraction of the rules and regulations;

(B) Suspend the voting rights and the right to use the recreational facilities of a Member during any period in which the Member shall be in default in the payment of any assessment levied by the Association. These rights may also be suspended after notice and hearing, for a period nottoexceed sixty (60) days for infraction of published rules and regulations;

(C) Exercise for the Association all powers, duties, and authority vested in or delegated to thisAssociation and not reserved to the membership by other provisions of these Bylaws, theArticles of Incorporation, or the Declaration;

(D) Declare the office of a member of the Board of Directors to be vacant in the event the Member shall be absent from three (3) regular meetings of the Board of Directors, during a one (1) year period.

(E) Employ anAssociation/Finance Manager, maintenance manager, independent contractor,or other employees as they deem necessary, and prescribe their duties, including authorizing Association/Finance Manager or Treasurer to collect assessments and fees, and to sign with countersignature all checks (other than monthly recurring expenditures) drawn on Association bank accounts. If the Treasure is unavailable, the Vice President or President will countersign.

(F) Select, appoint, employ, retain and remove at pleasure all consultants (engineers, attorneys, accountants, etc.), officers, agents and employees of the Association; prescribe their duties, delegate to them such powers as may be consistent with these Bylaws, fix their compensation and require them to have an indemnity bond or other security for faithful service.

7.02 Duties of the Board of Directors - It shall be the duty of the Board of Directors to:

(A) Cause to be kept a complete record of all its acts and corporate affairs and present a statement of its acts and corporate affairs to the Members at the annual meeting of the Members, or at any special meeting when the statement is requested in writing by one-fourth (¼) of the Members who are entitled to vote;

(B) Supervise agents and employees of this Association, and see that their duties are properlyperformed;

(C) As more fully provided in the Declaration:

(1) Fix the amount of the annual assessment against each Lot at least thirty (30) days inadvance of each annual assessment period;

(2) Send written notice of each assessment to every Owner subject to assessment at least thirty (30) days in advance of each annual assessment period;

(3) Foreclose the lien against any property for which assessments are not paid within thirty (30) days after due date or bring an action at law against the owner personally obligated to pay assessments;

(4) Issue, or cause an appropriate officer to issue, on demand by any person, a certificate setting forth whether or not any assessment has been paid. A reasonablecharge may bemade by the Board for the issuance of these certificates. If a certificatestates anassessment has been paid, the certificate shall be conclusive evidence of thepayment;

(5) Cause all officers or employees having fiscal responsibilities to be bonded.

7.03 Officers’ Duties- The duties of the officers are as follows:

(A) The president shall preside at all meetings of the Board of Directors, see the orders and resolutions of the Board are carried out, signs all leases, mortgages, deeds and other written instruments.

(B) The vice-president shall act in the place and stead of the president in the event of his or her absence, inability, or refusal to act, and shall exercise and discharge all other duties as may be required of him or her by the Board.

(C) The secretary shall record the votes and keep the minutes of all meetings and proceedingsof the Board and the Members, keep the corporate seal and the Association and affix it on all papers requiring the seal, serve notice of meetings of the Board and the Members, keep appropriate current records showing the Members of the Association together with their addressees, and perform other duties as required by the Board.

(D) The Treasurer shall direct the Association/Finance Manager to receive and deposit (in appropriate bank accounts) all monies of the Association. The funds shall be disbursed as directed by the Board of Directors. Checks written by the Association/Finance Manager shall be countersigned by the Treasurer, except for those that are recurring monthly expenditures. In the absence of the Treasurer, the checks will be countersigned by the President or Vice President. The Treasurer shall direct the Association/Finance Manager to keep proper books ofaccounts,prepare an annual budget (in conjunction with the Finance Committee) includingastatement ofIncome/Expenditures to be presented to the membership at its regular annualmeeting and deliver a copy to each of the members within thirty (30) days of completion.

7.04 Resignation of an Officer- Resignation of any officer may be at any time by giving written notice to the Board, the President, or the Secretary. Resignation of any officer shall take effect on the date of receipt of the notice, or at any later time specified in the notice, and unless otherwise in the notice, the acceptance of the resignation shall not be necessary to make it effective.

7.05 Special Appointments - The Directors may elect other officers as the affairs of the Association may require, each of whom shall have the authority to perform the duties that the directors may, from time to time determine.

7.06 Vacancies - A vacancy in any office may be filled by appointment by the Directors. The person appointed to fill a vacancy shall serve the remainder of the term of the officer he/she replaces.

7.07 Multiple Offices - The offices of Secretary and Treasurer may be held by the same person. No person shall simultaneously hold more than one of any of the other offices, except in the case of special offices created by the Board of Directors.

7.08 Committees - The Board of Directors shall appoint other committees as deemed appropriate in carrying out its purpose.

7.09 Terms of Officers - The officers of this Association shall be elected annually by the Board and each shall hold office for one (1) year unless he shall sooner resign, or shall be removed, or otherwise become disqualified to serve.

ARTICLE VIII

BOOKS AND RECORDS

8.01 Books and Records - The books, records and papers of the Association shall be subject to inspection during regular business hours by any Member. The Declaration, the Articles of Incorporation, and the Bylaws of the Association shall be available for inspection by any Member at the principal office of the Association, where copies may be purchased at reasonable cost.

ARTICLE IX

ASSESSMENTS

9.01 Assessments - Any assessment not paid on or before the due date shall automatically be assessed Twenty-Five Dollars ($25.00) as a late charge. No Owner may waive or otherwise escape liability for the assessments by a nonuser of Common Area or abandonment of his or her Lot. As stated in the Declaration, the lien for the assessments shall be subordinate to the lien of any first mortgage. Sale or transfer of any Lot shall not affect the assessment lien. However, the sale or transfer of any Lot, pursuant to a mortgage, foreclosure, or any proceeding in a lien thereof, shall extinguish the lien of such assessment as to the payment which became due prior to such sale or transfer. No sale or transfer shall relieve such Lot from liability for any assessments thereafter becoming due from the lien thereof.

ARTICLE X

WATER/SEWAGE NON-PAYMENT

10.01 Water/Sewage Non-Payment

(A) Assessments for water distribution and sewage collection services are integrated into the monthly Association dues. In the event that an Owner/User shall fail to pay for water/sewage services in accordance with thecollection of monthly assessmentsdefined in the Declaration or these Bylaws, and such delinquency shall continue as provided herein after, the Association shall have the right to terminate water service.

(B) Upon the failure to pay charges in accordance with the collection of monthly assessments established herein and such delinquency continues for a space of sixty (60) days, a notice shall be sent to the Owner indicating the intention to terminate service and indicating the outstanding delinquent balance, penalties and interest. In the event the user is not the Owner of the property, a copy of the termination notice shall be sent to the Lot Owner.

(C) Upon failure of the Owner to make payment in accordance with the notice mentioned above, a second notice shall be sent to the user and/or Lot Owner indicating the outstanding balance, penalties and interest due on the account and the proposed termination date.

(D) Following the second notice, and at least three (3) days prior to termination, the Association shall attempt to make personal contact either by telephone or in person with the user, or by posting the property with a second notice of termination which will indicate the termination date.