Orange County NC Website
Browse       Search
(1) fix the amount of the annual <br /> assessment against each Lot at least thirty <br /> (30) days in advance of each annual assess- <br /> ment period; <br /> (2) send written notice of each assess- <br /> ,. <br /> ment to every Owner subject thereto at least <br /> thirty (30) days in advance of each annual <br /> • assessment period; and <br /> (3) foreclose the lien against any <br /> property for which assessments are not paid <br /> within thirty (30) days after due date or to <br /> bring an action at law against the owner <br /> personally obligated to pay the same; <br /> (d) issue, or to cause an appropriate officer to <br /> issue, upon demand by any person, a certificate set- <br /> .ting forth whether or not any assessment has been • <br /> paid. A reasonable charge may be made by the Board <br /> for the issuance of these certificates. • If a certifi- <br /> cate states an assessment has been paid, such certifi- <br /> cate shall be conclusive evidence of such payment; <br /> (e) procure and maintain adequate liability and <br /> hazard insurance on property owned by the Association; <br /> (f) cause all officers or employees having <br /> fiscal responsiblities to be bonded, as it may deem <br /> appropriate; • <br /> (g) cause the Common Area to be maintained. • <br /> • <br /> -8- • <br /> MIMI <br />