BY-LAWS
OF
RIVERPARK ESTATES HOMEOWNERS ASSOCIATION

ARTICLE I: NAME AND LOCATION.

The name of the corporation is Riverpark Estate Homeowners Association, hereinafter referred to as the "Association". The principal office of the corporation shall be located at 3402 "C" Street N.E., Auburn, Washington 98002, but the meetings of members and directors may be held at such places within the State of Washington, County of King, as may be designated by the Board of Directors.

ARTICLE II: DEFINITIONS

Section 1. "Association" shall mean and refer to Riverpark Estates Homeowners Association, its successors and assigns."

Section 2. "Properties" shall mean and refer to that certain real property described in the Declaration of Covenants, Conditions and Restrictions, and such additions thereto as may hereafter be brought within the jurisdiction of the Association.

Section 3. "Common Area" shall mean all real property owned by the association for the common use and enjoyment of the Owners.

Section 4. "Lot" shall mean and refer to any plot of land shown upon any recorded subdivision map of the Properties with the exception of the Common Area.

Section 5. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of the fee simple title to any Lot which is a part of the Properties, including contract sellers, but excluding those having such interest merely as security for the performance of an obligation.

Section 6. "Declarant" shall mean and refer to D. M. Young Construction Co., Inc., its successors and assigns if such successors or assigns should acquire more than one undeveloped Lot from the Declarant for the purpose of development.

Section 7. "Declaration" shall mean and refer to the Declaration of Covenants, Conditions and Restrictions applicable to the Propertie recorded in the Office of King County Records and Elections.

Section 8. "Member" shall mean and refer to those persons entitle to membership as provided in the Articles of Incorporation.