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201903849
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201903849
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Last modified
7/2/2019 10:48:12 AM
Creation date
7/2/2019 10:48:09 AM
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DEEDS
Inst Number
201903849
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201903849 <br />Such regular assessments, together with interest, costs and reasonable attorneys' fees <br />shall also be the personal obligation of each person who was an Owner of such Lot against which <br />such assessment is made at the time when such assessment was due. <br />Except as otherwise provided herein in regard to vacant Lots within the Properties, all <br />regular assessments shall be determined at a uniform rate for all Lots contained within the <br />Properties and collected on a monthly basis. Except as otherwise provided herein in regard to <br />vacant Lots within the Properties, there shall be a pro rata mandatory assessment at least once a <br />year on all Lots within the Properties for maintaining the Lots within the Properties as provided <br />in Article III., Paragraph 5. hereof. <br />The Association shall fix the amount of any annual assessment in advance of each annual <br />meeting of the Association. The monthly due dates for payment of assessments shall be <br />determined by the Association. <br />Any interest not paid within thirty (30) days after the due date of such assessment shall <br />bear interest at the maximum rate allowed by law. <br />The Association may bring an action at law against any Owner of any Lot contained <br />within the Properties in the same manner as provided by law for foreclosure of mortgages. <br />The lien for assessments provided hereinabove shall be subordinate to the lien of any first <br />mortgage and any first mortgagee may rely on this provision without execution of any further <br />subordination agreement by the Association. <br />No vacant Lot contained within the Properties shall be subject to an assessment <br />hereunder until buildings or improvements are constructed thereon and such buildings and <br />improvements are ready for occupancy. <br />Except as otherwise provided herein in regard to vacant Lots within the Properties, the <br />restrictive covenants, restrictions and conditions contained in this DECLARATION OF <br />RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS FOR SUMMERFIELD <br />ESTATES FIRST SUBDIVISION HOMEOWNERS' ASSOCIATION, SUMMERFIELD <br />ESTATES FIFTH AND SIXTH SUBDIVISIONS HOMEOWNERS' ASSOCIATION AND <br />SUMMERFIELD ESTATES TENTH SUBDIVISION relating to maintenance of the Lots within <br />the Properties shall apply on the same basis to all Lots within the Properties. <br />5. The assessment levied by the Association shall be used exclusively for the <br />following purposes: <br />a. Snow removal on the driveways, parking spaces, public and <br />private sidewalks and porches located on the Properties; <br />b. Usual and customary care of the lawns located on the Properties as <br />determined by the Association; provided, however, that sprinkler <br />systems on individual Lots shall be maintained by the Owner of <br />such individual Lot and the Owner shall pay for water utilized on <br />their individual Lot; <br />
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