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201502871 Any assessment not paid within thirty (30) days after the due date of such assessment shall bear interest at the maximum rate allowed by law. The Association may bring an action at law against any Owner of any Lot contained within the Properties in the same manner as provided by law for foreclosure of mortgages. The lien for assessments provided hereinabove shall be subordinate to the lien of any first mortgage and any first mortgagee may rely on this provision without execution of any further subordination agreement by the Association. No vacant Lot contained within the Properties shall be subject to an assessment hereunder until buildings or improvements are constructed thereon and such buildings and improvements are ready for occupancy. Except as otherwise provided herein in regard to vacant Lots within the Properties, the restrictive covenants, restrictions and conditions contained in this DECLARATION OF RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS FOR SUMMERFIELD ESTATES EIGHTH SUBDIVISION HOMEOWNERS' ASSOCIATION relating to maintenance of the Lots within the Properties shall apply on the same basis to all Lots within the Properties. 5. The assessment levied by the Association shall be used exclusively for the following purposes: a. Maintenance and care of center islands on Meadow Road, maintenance and care of shrubs, vegetation, grass or landscaping within such center islands and acquisition and maintenance of facilities and equipment necessary to water the shrubs, vegetation, grass or landscaping within such center islands or otherwise maintain such center islands; b. Maintenance, repair and care of the north sign for Summerfield Estates including, but not limited to, the payment of any premiums of insurance on the north sign for Summerfield Estates; and c. Payment of any electric bill for the north sign for Summerfield Estates. The Association is ''specifically authorized hereunder to contract with any third party to manage the Properties or provide maintenance as provided herein. In the event that any maintenance or repair is caused through the willful or negligent act of any Owner, his or her family, guest or invitees, the cost of such maintenance shall be promptly paid by such Owner. 4