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g~~uC-208`~ six (6) month's interim assessments, credit shall be given against said annual assess- went for the amount of prepayment attributable to those months included with the annual assessment period. Section 4. Increases in Interim Assessments. Interim assessments in the amounts shown in Section 3 of Article v shall not be increased more tha^ five percent (58) during the first year after the filing of the Master Deed, and during each succeeding year thereafter, interim assessments may not be increased more than ten percent (108) above the level of the immediately preceding year. Section 5. Special Assessments. Special assessments may be assessed -and levied against each suite or garage, in addition to the annual or interim assessments provided for above, dutang any assessment year for the purpose of defraying, in whole or in part, the cost of any construction, reconstruction, improvement, repair or replacement of a capital improvement of the common elements, including fixtures and personal property, subject to the owner approval provisions of the Master Deed and these By-Laws. Where no provision is applicable, the discretion of the Board of Administrators shall control. Special assessments shall be due and payable thirty (30) days after the assess- ment is levied against the owners and notice thereof has been given, and special assessments not paid within thirty (30) da}•s thereafter shall be treated according to the interest and lien provisions hereafter. Section 6. Escrow of Assessments. The Adminis±ratocs of the Association may arrange to 'nave all assessments in Section 4 or Section 5 of Article v paid to an escrow fund to be held and managed by a bank or savings and loan association. 5ecrion ?, Personal Assessment Liability. Each suite ar garage owner ar, if more than one, owners, jointly and severally, shall be personally liable for the payment of assessments under. the preceding Sections. Upon the ek~iration of thirty (30) days from the due date of an assessment, if said assessment remains unpaid, the Association may bring suit against the owner or owners of said suite or garage for recovery of the same. If the assessment is a monthly installment of an annual assess;aent, 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 to become immediately due and payable. The defaulting suite or garage owner shall be liable for the unpaid assessment or assessments, interest thereon from the due date to the date paid at the highest Iegal rate, and attorney fees and expenses incurred in the collection of the same. No proceeding to collect defaulted assessments pursuant to this Sectior, shall constitute a waiver of the lien of the Association against said defaulting owner`s suite or garage nor a waiver of the right of the Association to foreclose thereon. The grantee of a suite or garage shall be jointly and severally liable with the grantor far all unpaid assessments against the latter up to the time'of the grantor conveyance, without prejudice to the grantee's riohtto recover from the grantor the amounts paid by the grantee therefor; provided, however., that upon payment of a reasonable fee and upon written request, any such prospective gran*_ee shall be entitled to a statement from the Board of Administrators, or the Manager,.in the form set forth in Section 9 of Article V, which shall be conclusive upon the Association in favor of all persons relying thereon in Booth faith. Unless such request for a statement of indebtedness shall be comp led with within fifteen (15) days of such request, then such grantee shall not be liable for, nor shall the condominium suite or garage conveyed be subjec*_ to a Iien for any unpaid assessments accruing prior to the date of such request. The provisions set forth in this Section shall not apply to the initial sales and conveyances of the condominium suites or garages made by the Developer, and such sales shall he free from all assessments to the date of conveyance. _g_