201707665 - Laserfiche WebLink

Browse

201707665 assessment is made, without any requirement of recording further notice of such lien. d. Such regular assessments, special assessments and charges together with interest, costs and reasonable attorney's fees shall also be the personal obligation of each person who was an Owner of such Lot against which such assessment is made at the time when such assessment was due. e. Except as otherwise provided herein in regard to vacant Lots within the Properties, all regular assessments shall be determined at a uniform rate for each Lot (except if two lots are combined into one lot the larger Lot Owner shall pay assessments for two Lots). f. The Association shall fix the amount of any annual assessment in advance of each annual meeting of the Association and may determine special assessments and charges as needed. The monthly due dates for payment of assessments shall be determined by the Association. g. Any interest not paid within thirty (30) days after the due date of such assessment shall bear interest at the maximum rate allowed by law. h. 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 an occupancy permit has been issued. Owners of vacant Lots shall maintain their Lot, as applicable, in compliance with the terms of these Covenants. k. Except as otherwise provided herein in regard to vacant Lots within the Properties, the restrictive covenants, restrictions and conditions contained in the Covenants relating to maintenance of the Lots within the Properties shall apply on the same basis to all Lots. 1. The assessment levied by the Association shall be used exclusively for the following purposes and the following provisions shall apply: i. Snow removal on the driveways, public and private sidewalks and porches located on the Properties; ii. Usual and customary care of the lawns located on the Properties as determined by the Association, including, but not limited to, mowing, fertilization, power raking and aeration; iii. Acquisition and maintenance of facilities and equipment necessary to water the lawns located on the Properties including an underground sprinkler system. Each Owner shall pay for water utilized on said lawn; however, the Association shall control said sprinkler system and maintain and /or repair said sprinkler systems and/or controls; iv. Other maintenance necessary or desirable, in the discretion of the Association in regards to shrubs, vegetation or grass