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Is there a way to keep the deed restrictions but dissolve the HOA?
Not really. Without an HOA one neighbor would have to sue another and that is unlikely to happen, thus the deed restrictions would never be enforced. Or you get a sue happy neighbor which would be worse.
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No one around here seems to want one and the only thing the dues pay for is to keep the grass cut in a lot they call a park. Pay utility bills for the street lights and I guess in theory maintain the private road (which has never been done).
Just because no one wants the HOA doesn't mean you can get rid of it.
You mentioned at one point, all your HOA does is cut the grass. It seems its much more complicated than that. They own common area, that is maintained and probably insured (so the homeowners dont get sued). Because the hoa likely has insurance, it probably has officers insurance as well. It pays for street lights (might even own them), maintains private road (probably owns that too). There is much more to an HOA that you realize.
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Seems like we could find an agency to do that without a HOA.
Yeah, they call it a "HOA" A HOA isnt just a company that pays bills, it also accepts all the liability and blame that comes with with all the assets mentioned above.
If your serious about getting rid of it, you should get all your neighbors to pitch in money to hire a lawyer to look into it. No two HOA's are the same so there is no "template". A lawyer needs to look at "your" docs to see if its even possible.