Provision of the plans shall run in favor of the residents of the planned development, but only to the extent expressly provided in the plans and in accordance with the terms of the plans, and to that extent the provisions, whether recorded by plat, covenant, easement or otherwise, may be enforced at law or equity by the residents and owners, acting individually, jointly or through an organization designated in the plans to act on their behalf; provided, however, that no provisions of the plans shall be implied to exist in favor of residents and owners of the development except as to those portions of the plans which have been finally approved and have been recorded.