Agenda - 06-17-2014 - 7e - Laserfiche WebLink

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16 Section 33. The right of any Member to vote may be suspended by the Board of Directors for just cause pursuant to its rules and regulations and the Articles and Bylaws of the Association and according to the provisions of Article II, Section 2.1(b)herein. ARTICLE IV COVENANT FOR MAINTENANCE ASSESSMENTS Section 4.1. Creation of the Lien and Personal Oblillation of Assessments. The Declarant, for each Lot owned within the Property, hereby covenants, and each Owner of any Lot by acceptance of a deed therefore, whether or not it will be so expressed in such deed, is deemed to covenant, and agree to pay to the Association: (1) annual assessments or charges which are Common Expenses, (2) special assessments for extraordinary maintenance and capital improvements, and (3) special assessments for purchase, construction, or reconstruction of improvements; The annual and special assessments together with interest, costs, and reasonable attorney's fees for collection, will be a charge on the land and will be a continuing lien upon the Lot against which each such assessment is made. Each such assessment, together with interest, costs, and reasonable attorney's fees, will also be the personal obligation of the person who was the Owner of such Lot at the time when the assessment fell due. The personal obligation for the delinquent assessments will not pass to his successors in title unless expressly assumed by theirs. The Association will also have the authority, through the Board of Directors to establish fix, and levy a special assessment on any Lot to secure the liability of the Owner thereof to the Association arising from breach by such Owner of any of the provisions of this Declaration which breach will require the expenditure of time: and money or both, by the Association for repair or remedy, including court costs and reasonable attorneys fees if necessary for the enforcement of the provisions herein. Page 6 of 50