Orange County NC Website
43 <br />on a specified Lot have been paid. A properly executed certificate of the Association as to the <br />status of assessments on a specified Lot is binding upon the Association as of the date of its <br />issuance. <br />Section g. Effect of Non==ent of As=smen s: Remedies of the AQSOCIAtIon• Any <br />assessment not paid within thirty (30) days after the due date shall bear interest from the due date <br />at the rate of eight (8) percent per annum. The Association may bring an action at law against the <br />Owner Ply obligated to pay the sane, or foreclose the lien against the property, No owner <br />may waive or otherwise escape liability for the assessments provided for herein. by abandonment <br />of his Lot. <br />Section 96 Subordination of the Lien to Morttmoess The lien of the assessments provided for <br />herein shall be subordinate to the lien of any first mortgage, except for the lien(s) for special <br />assessments) (set forth in Article IV, Section 4 of this Declaration)for the maintenance and repair <br />of all aspects of the septic systems and septic system easements for Lots No. 1 and 2 and for the <br />maintenance and preservation of the Buffer Area in the event that the Association is called upon <br />to perform this maintenance, repair and preservation as provided in Article 11, Section 3, Article <br />VI, Section 3 and Article VII, Section 2(h) of this Declaration. Sale or transfer of any Lot shall <br />not affect the assessment lien in any manner whatsoever. However, the sale or transfer of any <br />Lot pursuant to mortgage foreclosure or any proceeding in lieu thereof, shall extinguish only the <br />lien of those assessments subordinated herein as to payments which became due prior to such sale <br />or transfer except that such an extinguished lien may be reallocated and assessed to all of the Lots <br />as a common eupense. No sale or transfer shall relieve such Lot from liability for any assessments <br />thereafter becoming due or from the lien thereof. <br />ARTICLE V <br />ARCHTIMCIURAL CONTROL <br />No building, outbuilding, fence, wall, porch, deck, patio or other structure, or tree <br />removal shall be commenced, erected, or maintained upon any of the Lots, nor shall any exterior <br />addition to or change or alteration therein be made until the plans and specifications showing the <br />nature, kind, shape, height, materials, schedule of exterior color, finish, roofing, changes in <br />topography and or elevation, tree disturbance or removal and locations of the same shall have been <br />submitted to and approved in writing by the Declarant, or his successor and assigns, as to <br />harmony of external design and location in relation to surrounding structures, topography, and <br />appearance. Declarant, or his successor and assigns, shall have the sole and absolute right to <br />PPe any plans or eons so submitted and Declarant's decision shall be final and not <br />subject to review or appeal. The Declarant, or his successor and assigns, shall have the right to <br />inspect all construction and/or land disturbance to ensure that such work is performed in <br />accordance with the approved plans and specifications and Declarant shall have the right to bring <br />action to enjoin any activity talren in* violation of this provision. <br />I. <br />