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Agenda - Council - 07/28/1987
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Agenda - Council - 07/28/1987
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4/14/2025 1:43:19 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/28/1987
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- 15 - <br /> <br />specifically provided otherwise in the Governing Documents. <br />Accordingly, all references to the Association shall mean the <br />Association acting through the Board of Directors. <br /> <br /> ARTICLE VI <br /> <br /> C0Vl~NANTS FOR ASSESSMENTS ,.,' <br /> <br /> Section 6.1 Creation of the Lien and Personal Obligation of <br /> <br />Assessments. The Declarant, for each lot owned with the <br />Properties, hereby covenants, and each Owner of any Lot by <br />acceptance of a deed therefor, whether or not it shall be so <br />expressed in such deed, is deemed to covenant and agree fo pay to <br />the Association: (1) annual assessments or charges, and (2) <br />special assessments for capital improvements, such assessments to <br />be established and collected as hereinafter provided. The annual <br />and special assessments, together with interest, costs, and <br />attorney's fees, shall be a charge on the land and shall be a <br />continuing lien upon the property against which each such <br />assessment is made. Each such assessment, together with <br />interest, costs, and reasonable attorney's fees, shall also be <br />the personal obligation of the person who was the Owner of such <br />property at the time when the assessment fell due. The personal <br />obligation for delinquent assessments shall not pass to his <br />successors in title unless expressly assumed by them. Each <br />similar improved Lot shall be assessed at a uniform rate, except <br />for maintenance assessments as set forth in Section 6.5 of this <br />Article. <br /> <br /> Section 6.2 Purposes of Assessments. The assessments levied <br />by the Association shall be used exclusively to promote the <br /> <br />//? <br /> <br /> <br />
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