Orange County NC Website
2F� <br /> authority of a majority vote. All property owners of any of <br /> properties shown on the above-referred to plats shall be member, <br /> of the Howeowners Association , and each lot within the <br /> subdivision as shown on the plats referred to above shall have <br /> one vote , meaning that votes shall be assigned by lot and not <br /> owner, so that if one person or entity owns more than one lot <br /> then said person or entity shall have as many votes and <br /> assessments as the number of lots they own . <br /> 2 . Each lot which lies on a developed street shall pay <br /> t <br /> a ONE HUNDRED DOLLARS ($100 . 00 ) minimum assessment per year for <br /> normal and ordinary road maintenance, provided, however, that <br /> O <br /> lot lying on a street which has not been constructed shall be <br /> J <br /> exempt from road assessments . The Howeowners Association, <br /> through the authority of a majority vote of the homeowners , <br /> approve an assessment in excess of one hundred dollars if <br /> necessary for road maintenance. The said annual payment is <br /> W and payable in advance at the regular January meeting at the <br /> i <br /> i beginning of each year . <br /> a <br /> It is understood and agreed that in the event a <br /> U1 is delinquent in this paymet or any other payment assessed b}' <br /> Association for a period of 30 days or more, the Association <br /> shall have the authority, through an appointed agent, to place a <br /> lien on the property of said delinquent member . Any expenses , <br /> including legal fees , incurred by an authorized agent in his <br /> performance of duties for the Association shall be borne by the <br /> i <br /> Association as a whole, any out of pocket expenses shall be <br /> i <br />