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<br />~1--1~U333'~ <br />the assessment against each Lot at least thirty (30) days in <br />advance of each annual assessment period. 47ritten notice of <br />the assessment shall be sent to every Owner subject thereto. The <br />due dates shall be established by the Board of Directors. The <br />Association shall, upon demand, and for a reasonable charge,- <br />~ furnish a certification signed by an Officer of the Association <br />setting forth whether the assessments on a specified Lot have <br />been paid. <br />Section 8. Effect of Non a t of Assessments.: <br />Remedies o t e social on. Any assessment not poi in <br />t arty aye a ter t e due date shall bear interest fYOm <br />the due date at the rate of twelve per cent (12%) per annum: <br />If three or mare monthly installments of assessment oxi any-Lot <br />shall be unpaid, then the remaining installments of-the assess- <br />ment far such fiscal year, at the option of the Board of <br />Directors shall become at once due and payable. The Association <br />may bring an action at law against the Owner personally obligated <br />,~ _ ___ .~.~ ~ ~,- foreclose the lien against- the property in <br />the same manner as provided by law for foreclosure o "• <br />No Owner may waive or otherwise escape liability for the aes~ss- <br />meats provided herein by non-use of the Common Area or abandon- <br />went of his Lnt. <br />Section 4. Subordination of the Lien to Mart a es <br />and Release o ien. a ien o t e assessments ptovi a or <br />herein s a e s ordinate to the lien of any first mortgage. <br />and any first mortgagee may rely on this provision without <br />execution of any further subordination agreement by the Association. <br />Sale or transfer of any Lot shall not affect the status or <br />priority of the lien for assessments made as provided herein. <br />The Board of Direc~ors of the Association may release the lien <br />of past due assessments on property as to which the first mort- <br />gage is in default if the Board determines that the lien has no <br />value to the Association. <br />Section 10. Exempt Pro erg. Ali properties dedicated <br />to, and accept"~Y. a ~o~al pu zc authority and all properties <br />owned by a charitable or nonprofit organization exempt from <br />taxation by the laws of the State of Nebraska shall be exempt <br />from the assessments crated herein except that no Lat, land or <br />improvements devoted to dwelling use shall he exempt from said <br />assessments. <br />ARTICLE V <br />ARCHITECTURAL CONTROL <br />Na building, fence, wail or other structure shall be <br />commenced, erected ar maintained upon the Properties, nor shall <br />any exterior addition to or change or alteration therein be <br />made until the plans and specifications showing the nature, <br />kind, shape, height, materials, exterior color scheme, and <br />location of the same shall have been submitted to and approved <br />in writing as to harmony of external design and location in <br />relation to surrounding structures and topography by an <br />Architectural Committee composed of three (3) or more repre- <br />sentatives appointed by the Board ("Committee") or by the Board <br />of Directors of the Association, which shall perform the duties <br />hereunder of the Committee if no Committee is appointed: In <br />the event the Committee fails to approve ar disapprove such <br />design and location within thirty (307 days after said plans <br />and spec ificatians have been submitted Co it, approval will not <br />be required and this Article will be deemed to have been <br />fully complied with. <br />ARTICLE VI <br />PARTY WALLS <br />Section 1. Caner ~_al Rules of Law to Apply. Each wail <br />-S- <br />