The purposes for which the corporation is formed are as follows:

To provide an entity for the furtherance of the interests of the owners of lots in Caliburn Estates Subdivision No. 2, also know as Woodbury Park Subdivision ("Subdivision"), which Subdivision was established by plat recorded in Liber 109, Pages 16 through 20, both inclusive, Wayne County Records, as further provided in the Declaration of Covenants, Conditions and Restrictions ("Declaration") recorded with respect to the Subdivision, and to maintain and beautify the "Common Areas" defined in the Declaration;

To levy and collect assessments against and from the members of the corporation and to use the proceeds thereof for the purposes of the corporation;

To carry insurance and to collect and allocate the proceeds thereof;

To rebuild improvements after casualty;

To contract for and employ persons, firms, or corporations to assist in management, operation, maintenance and administration of its affairs;

To own, maintain and improve, and to buy, sell, convey, assign, mortgage, or lease (as landlord or tenant) any real and personal property, including, but not limited to, any easements, licenses, publicly dedicated areas or any other real property, whether or not contiguous to the Subdivision, for the purpose of providing benefit to the members of the corporation and in furtherance of any of the purposes of the corporation;

To borrow money and issue evidences of indebtedness in furtherance of any or all of the objects of its business; to secure the same by mortgage, pledge or other liens on property owned by the corporation; provided, however, that any such action shall be subject to the approval of not less that two-thirds of the members of the corporation;

To enforce the provisions of the Declaration and of these Articles of Incorporation and such Bylaws and rules and regulations of this corporation as may hereinafter be adopted; and

In general, to enter into any kind of activity, to make and perform any contract and to exercise all powers necessary, incidental or convenient to the administration, management, maintenance, repair, replacement and operation of any of the purposes set forth herein, with all powers conferred upon non-profit corporations by the laws of the State of Michigan.