KNOW ALL MEN BY THESE PRESENTS

That the undersigned, LINDEN RIDGE PARTNERS, INC. (herein called "Declarant"), a North carolina General Pertnership, is the Owner of all the interest and equity in that certain tract of land known as LINDEN RIDGE, SECTION 1, and it is the desire of the Declarant to insure the use of said property for attarctive residential purposes only, to prevent the impairment of the attractiveness of the property, to maintain the desired tone of the community, and thereby to secure to each Lot Owner the full benefit and enjoyment of his home with no greater restriction upon the free and undisturbed use of his Lot than is necessary to insure the same advantages to the other Lot Owners;

NOW, THEREFORE, the Declarant does hereby covenant, agree and declare to and with all persons, firms or corporations now owning or hereafter acquiring any property in LINDEN RIDGE, SECTION 1, as shown on a map recorded in Map Book 38, at Page 48 of the New Hanover County Registry, that all of the Lots in said subdivision are hereby made subject to the following Restrictions as to the use thereof, running with the land by whomsoever owned, to wit.