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(iv) To change the substance of one or more covenants, conditions, terms, or provisions of this Declaration; provided that such change shall not increase materially the obligation(s) of any Owner or diminish materially the right(s) of any Owner under any covenant, condition, term, or provision without such Owner's consent, unless such change is necessary to comply with applicable Laws of any Municipality. (b) From time to time and at any time, the Majority Owners may modify this Declaration by a written instrument that is signed by the Majority Owners and recorded in the Office of the Recorder of St. Joseph County, Indiana; provided that: (i) no modification pursuant to this Section shall be enforceable against, or binding upon, any party until the Amendment is recorded in the Office of the Recorder of St. Joseph County, Indiana; (ii) no Party in Interest shall have the right or power to prohibit any modification of this Declaration pursuant to this Section; and (iii) no modification pursuant to this Section shall increase materially the obligation(s) of any Owner or diminish materially the right(s) of any Owner under any covenant, condition, term, or provision without such Owner's consent, as the case may be, which consent shall not be unreasonably withheld, conditioned or delayed, unless such change is necessary to comply with applicable Laws of any Municipality. (c) Nothing contained in this Section shall be deemed to limit or restrict any rights reserved to Declarant elsewhere in this Declaration. Upon request from time to time, each Owner shall execute and deliver any further instruments or documents supplementing or confirming amendments to this Declaration, or that reasonably may be required by any financial institution as mortgagee of (or as a condition precedent to making any mortgage loan secured by) any Parcel or Parcels. [Signature page follows.] -22-