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$2-- i)OI413 assessment, if said assessment remains unpaid, the Associ- aton may bring suit against the owner or owners of said townhome for recovery of the same. zf the assessment is a monthly installment of an annual assessment, the default in payment of one installment when due, may, at the option of the Association, cause the remainder of the installments due for that annual period tc become immediately due and payable. The defaulting townhome owner shall be liable for the unpaid assessment or assessments, interest thereon from the due date to the date paid at the highest legal rate, and attorney fees and expenses incurred in the collection or" the same. No proceeding to collect defaulted assessments pursuant to this Section shall constitute a waiver of the lien of the Association against said defaulting owner's townhome nor a waiver of the right of the Association to foreclose thereon. The grantee of a townhome shall be jointly and. sever- ally liable with the grantor for ail unpaid assessments against the latter up to the time of the grantor`s conveyance, without prejudice to the grantee's right to recover from the grantor the amounts paid by the grantee therefor, provided, however, that ugan payment of a reasonable fee and upon written request, any such prospective grantee shall be entitled to a statement from the Board of Administrators, or the Manager, in the form met forth in Sec:tion 7 ~f P.rticle V, which shall be conclusive upon the Association. in favor of all persons relying thereon in good faith. Unless such request for a statement of indebtedness shall be compiled. with within fifteen ti5) days of such request, then such grantee shall not be liable for, nor shall the condominium townhome conveyed be subject to a lien for any unpaid as- sessments accruing prior tc; the date of such request. The provisions set forth in this Section shall not apply to the initial sales and conveyances of the condo- minium townhomes made by the Developer, and such sales shall be free from a.ll assessments to the date of conveyance. Section 5. .~~ssessment Lien. Tf any townhome owner shall fail or refuse to make any payment of an assessment when due, the amount thereof plus interest shall constitute a lien on the interest of the townhome cwner in his townhome and in the property and the. Administrators stay record such lien in the Office o° the Register of Deeds., wra~eupon, said lien shall be privileged over and prior to all liens and encumbrances except as- sessments, liens and charges for taxes past due and unpaid on the townhome and except prior duly recorded mortgage and lsen instruments, Assessments. delinquent more than thirty (303 days after the due date shall bear interest at the ha.ghest legal rate from the due date until paid. The de- linquency of one installment of an annual assessment shall cause all remaining installments, at the opti..n cf the Association, to immediately become due and payable. The hoard of Fdminstrators shall have the right and duty to attempt t<r recover such common charges, together with inter- est thereon, and the expenses of the proceeding, including attorney fees, in an action to reccver the same brought against such to•~rnhame owner, or by foreclosure of the lien am such townhome granted by Section 76-817 of the ConCOminium Act. In any action brought by the Board of Administrators to foreclose a lien on a townhome hecause of unpaid assessments, the townhome owner shall. be required to pay a reasonable L -10-