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<br /> ` ` ass�as�at�, toq�th�r �Mith , iatsr�st, �castt� ` and r�h�onabl� � .
<br /> _ • atlora�y�s ts�� �bsl.l b� a li�n og ths 2and aad sha]=1 :b� a � .
<br /> __.. _ . _ � . . ,
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<br /> . - , continuf.�9 lf�io < upon `tbs PmPa�Y 'a�� �biah� �aah suClr _ _
<br /> ' � as�resnent ie sado. Each asse�ssent, toqether xith fat�r�st, costs
<br /> ancT r�ssonabis attosnay�s�fa�s, sbali also l� a posYOna2 obliqstfon
<br /> o� tiu persan Mha vas the araer o� such pmparty at the tfas Mhen �
<br /> � tho .asswss�ent �as due. The personal obliqatioa for del.iaqu�at .
<br /> aasassa�ats ehall nat pass to hi.s suacessors in titZs� unless` . -_-
<br /> , . � espressiy assuaed by the�t.
<br /> � Szcept, tt�e annu�ai and special assese�ents for the POI�DERaB�
<br /> �VZLL�lS HC!!Ea[illERS 718SOGI�►TZOI�, I�C. shal� not be �harqod aqaiast a �
<br /> _� . taxnhqUSe lot cn+nar nntil a tovnhouse has baea built and laad�capad
<br /> � on said taMnhouse lot. The Panderosa Lake Bstates ]lstwciatioa�s
<br />- _ annual and special �+ssesseents shall be ths onlp assess�eat due bp
<br /> - � a to�rnho�se lat owner uatil sach tise t.h�►t a tamhouae has beea
<br />:� .
<br />-�,� � bufld a�d �.anciscaped upon said'�oWahouse lo�. ' � - �
<br /> -` 6. ��;��ea for Vfolatio� If the cwaer of an� townhouse
<br />- .�; = lot, a family member of the owner, a guest of an owner, the owner�s =
<br /> heirs or assigns, violate aag of the covenants, restrictions, and =
<br /> conditfons set forth in th3,s agreemeat, it shal� be lawful tor anp =
<br /> - other �erson or persoas owafnq anp rea�. estate in the Ponderosa �
<br /> �.
<br /> � Lake Estates Subdivision, os the association to enforce these "
<br />-_..--: -
<br /> � covenants with proceedinqs at �aw or in equity against the persoa
<br /> or persons violating or attemptim� to violAte aag of thass �-.
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