This instrument prepared by: Gordon Lee Ownby Jr., Attorney 
CROLEY, DAVIDSON & HUIE, PLLC 
1500 First Tennessee Plaza 
Knoxville, TN 37929 
PROTECTIVE AND RESTRICTIVE COVENANTS ~
FOR EAGLE LANDING
WHEREAS, the undersigned, ROBERT T. PAYNE, JOSEPH A. PAYNE and BETSY PAYNE BLACKSTOCK, CO-TRUSTEES OF THE PAYNE TRUST (hereinafter referred to as "Declarants", are the owners of certain real property situated in the Fourth (4th) Civil District of Claiborne County, Tennessee, known as Eagle Landing, as shown on map of record in Plat Book 3, page 332, in the Register's Office for Claiborne County, Tennessee; and 
WHEREAS, Declarants are desirous that certain restrictive covenants be declared and recorded, which covenants shall be binding on the present owner and all subsequent owners (hereinafter referred to as "Owner" or "Owners") of any lot or lots (hereinafter referred to as "Lot" or "Lots") in said subdivision. 
NOW, THEREFORE, in consideration of the premises and the mutual benefit to be derived by all parties concerned, Declarants, do hereby covenant and agree with all subsequent Owners of Lots in said subdivision the following restrictive covenants: 
1.	These covenants and restrictions are to run with the land and shall be binding on all parties and all persons claiming under them for a period of twenty (20) years from the date. These covenants and restrictions shall be automatically extended for successive periods of ten (10) years unless an instrument signed by a majority of the then owners of the tracts has been recorded, agreeing to change said covenants and restrictions in whole or in part. 
2.	. Enforcement shall be by proceedings at law or in equity against any person or persons violating or attempting to violate any covenants or restrictions either to restrain violation or to recover damage. 
3.	Invalidation of anyone of these covenants by judgment or Court Order shall in no way affect any of the other provisions, which shall remain in full force and effect.
4.	All tracts shall be for residential purposes only. All residential buildings shall be permanent in character, must be fully constructed on site, and shall contain a minimum of 960 finished square feet. No off-site built homes (mobile, manufactured, or modular) nor  structures of a temporary character (trailer, mobile home, motor home, basement, shack, garage, outbuilding, or tent) shall be permitted for residential purpose.
5.	No camping shall be permitted with the exception that during the period prior to the construction of a permanent dwelling on the property, property owners may camp upon the premises for continuous periods not in excess of two weeks, nor in excess of a total of sixty (60) days during any given calendar year. All campers and tents must be removed from tracts after camping. No vacant campers shall be left or stored on tracts. No vehicles, campers, trailers or boats shall be allowed to remain parked within the common easement or property shared by the owners for excessive periods of time.
6.	The exterior of any house must be completed within six (6) months after construction is commenced.
7.	Any outbuilding must conform to construction of the house in materials and workmanship with the exterior being the same or very similar to that of the house. All outbuildings shall be maintained in good repair. 
8.	Any dock, pier, boathouse, or mooring device shall only be placed, constructed, and maintained in accordance with the regulations of the Tennessee Valley Authority. 
9.	No building or structure shall be located closer than twenty (20) feet from any existing roadway, nor shall any building or other structure be constructed closer than twenty (20) feet from any side property boundary. 
10.	No tract shall be utilized for storage purposes and each owner shall refrain from dumping trash, garbage, or rubbish upon the premises. No tract shall be used for an automobile junkyard, and no inoperative or abandoned vehicles shall be placed on the property. 
11.	No noxious or offensive activities shall be carried on upon the property nor shall the property be put to any use that would constitute an annoyance or nuisance to any neighbor.  All terrain vehicles and dirt bikes shall be banned for repetitious pleasure use. 
12.	No unlawful or illegal activities of any kind will be allowed, and no alcoholic beverages will be sold on this property, nor can said property be used for manufacturing or merchandising. 
13.	No animals or fowl (including swine and chickens) shall be raised, housed, kept or bred upon the property, with the exception that the property owners shall be allowed to keep household pets and pleasure horses upon the premises. 
14.	Any fencing along the road frontage of the tract shall be limited to native stone, split rail, or other attractive wood fencing. Chain link or other metal type fencing shall be allowed along side boundaries running between tracts. 
15.	Property owners shall be allowed to place and/or construct a permanent mailbox in conformity with the requirements of the United States Postal Service. Property owners also may display small, tasteful signage identifying the property, or the owner's name. 

16.	All boundaries abutting an existing roadway shall be kept clear of the underbrush, debris and refuse that would in any manner impair or limit the use of said roadway. No vehicles, boats, trailers, etc. shall be parked on any road right-of-way. 

17.	No trees with diameters greater than twelve (12) inches shall be cleared, except for the purpose of building a home and appurtenant structures and any required septic system. 
18.	This conveyance is subject to a permanent easement and/or right-of- i way measuring twenty (20) feet from the center line of any existing roadway which shall be available for the purposes of maintenance or improvement of said road as well as the construction, alteration, and repair of any utility lines. 
19.	Each lot shall be subject to a twenty (20) foot easement inside all lot lines for the construction, alteration, repair, and maintenance of public utility lines and drainage. 
20.	All property owners shall permit, without advance or specific consent, the electric utility company currently known a s Powell Valley Electric Cooperative to remove all trees deemed necessary (inside and outside all utility easements) to install and maintain utility lines. 
21.	The property is subject to all existing easements, right-of-ways, and conveyances which may appear within the records of Claiborne County or which may exist by virtue of any city, county, State, or federal law, ordinance statute or regulation, including Tennessee Valley Authority reservations and restrictions and/or cemetery access. 
22.	Property owners shall not convey from this property any parcel smaller than 2 acres in size, and any such conveyance is subject to terms herein. 
23.	No lot owner shall grant access for ingress and egress to any adjoining property lying outside the parameters of Eagle Landing. 
24.	The present roads in Eagle Landing have been approved by the Claiborne County Planning Commission in accordance to its guidelines for subdividing property within the county. It shall be the responsibility of the property owners of Eagle Landing to maintain, repair, improve, construct or reconstruct and preserve the easement for road right-of-ways set forth within the existing roads in this subdivision. 
25.	Every owner of every tract shall become a member of the Eagle Landing Owners Association, which will be responsible for the , maintenance, repair, and improvement of easements for road right-of- t ways and other common areas within Eagle Landing. All of the tracts, and any parcels conveyed from the tracts, shall be subject to an annual assessment to be fixed by the Association from year to year at its annual meeting. The amount of the annual assessment shall be what is reasonably necessary to cover annual costs and reserves. Failure to pay the monthly fee due annually in advance shall result in the imposition of a lien on the lot owner's property, which can be enforced by the appropriate legal action in chancery court or other proper forum. Said lien shall be subordinate to any first mortgage.  The first year's assessment shall be $20 per month ($240 per annum) per tract payable at closing and will be held in an escrow account of  the Eagle Landing Owners Association. 
26.	Declarants shall select two trustees to serve for a term of three years for the purpose set out above. The primary purpose of the Association and the governing bylaws shall be the maintenance of the roads and common area. After said term, the number of trustees shall r be determined by the adopted bylaws and for the terms set out therein. Theses trustees shall have the responsibility of proposing a set of bylaws, which shall be adopted by a majority of the lot owners, who shall be entitled to one vote for each lot owned. The bylaws shall be presented to the membership within one year after the initial auction sale.