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thereon and costs of collection, as hereinafter provided, become a continuing lien on the Lot which shall bind the Lot in the hands of the Owner, his or her transferees, heirs, devisees, personal representatives a~d assigns. The personal obligation of the O~ner to pay such assessment and related costs shall remain his or her personal obligation and that of any of his or her h~irs or personal representatives. If the assessmen~ is not paid on or before the due date, the Association may impose interest from the due date at the highest rate allo'~'ed by law, and/or bring an action a~ law against the O%~ner personally obligated to pay the same or foreclose the lien by suit in the manner provided for foreclosure of mortgage liens. Each Owner~ by acceptance of any conveyance of any interest in the ?roperty, grants to the Association a power of sale to accomplish the foreclosure and sale of such Owner's Lot. In such actions the Association shall be entitled to recover, in addition to the principal amount of the assessments, all costs of collection, including interest, .attorney's fees and the Costs of prosecuting such action and filing any liens. In addition the Association may impose an administrative charge of up tO 25% of the delinquent installment for each such delinquent installment of assessments, and/or invoke any other remedies or sanction set forth in Article XIV. All remedies shall be cumulative, and the exercise of one remedy shall not constitute a waiver of any other. c. NO 0~er (or Occupant where applicable) may waive or o~her~'ise escape liability for any assessments cr other obligations imposed under the Governing Documents or Rules and Regulations by non-use or waiver cf any rizhus in the Common Driveways or abandonment of his cr her lot. Section 6.10 Subordination of Lien to Mort~azes. The lien of the assessments orovided for herein sn=.~ be s~oordinate to the lien c= any First Mortgage now or hereafter placed uoon a Lot ~ ~.b.ject to assessments; orovided, however, that such subcrcination shall apply only to :he assessments w.._c.~ become due and oavab!e orior to the date of e×Tiration of the oeriod cf redemption following a mortgage~o~-=~osure sale, -%= ....... date cf a.~v sa!= ^- frans--=- :.~ "leu c-' fcr_c~o='--== ...... Uocn :he e~:~iraticn cf the oeriod c:f redemoticn from a .mcr:gage