Common use of Creation of the Lien and Personal Obligation of Assessments Clause in Contracts

Creation of the Lien and Personal Obligation of Assessments. The Declarants for each Lot owned within the Properties, hereby covenant and each Owner of any Lot by acceptance of a deed therefor, whether or not it shall be so expressed in such deed, is deemed to covenant and agree to pay the Association: 1. annual assessments or charges, and 2. special assessments for capital improvements, such assessments to be established and collected as herein- after provided. The annual and special assessments (including any expense incurred by the Association to discharge the responsibilities of a Lot Owner hereunder), together with interests, costs and reasonable attorney’s fees, shall be a charge on the land and shall be a continuing lien upon the property against which each such assessment is made, Each such assessment, together with interests, costs and reasonable attorney’s fees, shall also be the personal obligation of the person who was the Owner of such property at the time when assessment fell due. The personal obligation for delinquent assessments shall not pass to his successors in title unless expressly assumed by them.

Creation of the Lien and Personal Obligation of Assessments. 1. The Declarants Declarant, for each Lot lot or living unit owned within the Propertiesproperties, each and every owner of any lot specifically contemplated and referred to hereinabove, and each owner of any lot already platted and are owned who chooses to become a member of the Association, hereby covenant and each Owner of any Lot covenants by acceptance of a deed therefortherefore, or the choice to become a member of the Association according to the specific terms, conditions, and covenants contained herein, whether or not it shall be so expressed in such any deed, is deemed to covenant and agree to pay to the Association: ; (1. ) annual assessments or chargescharges assessed either monthly, and quarterly, or annually depending upon the decision of the Board of Directors; and (2. ) special assessments for capital improvementsimprovements or losses, such assessments to be established and collected as herein- after hereinafter provided. 2. The annual and special assessments (including any expense incurred by the Association to discharge the responsibilities of a Lot Owner hereunder)All assessments, together with interestsinterest, costs and reasonable attorney’s fees, fees shall be a charge on the land land, and shall be a continuing continued lien upon the property against which each such assessment is made, . Each such assessment, assessment together with interestsinterest, costs and reasonable attorney’s fees, shall also be the personal obligation of the person who was the Owner owner of such property at the time when the assessment fell due. The personal obligation for the delinquent assessments assessment shall not pass to his successors in title unless expressly assumed by them, but no such assumption shall relieve any owner personally obligated from his personal liability.

Creation of the Lien and Personal Obligation of Assessments. The Declarants Subject to the provision of Section 11 of this Article, the Declarant, for each Lot owned within the PropertiesProperty, hereby covenant covenants, and each Owner of any Lot by acceptance of a deed therefor, whether or not it shall be so expressed in such deed, is deemed to covenant and agree agrees to pay to the Association: : (1. ) annual assessments or charges, and ; (2. special assessments ) Special Assessments for capital improvements, such assessments to be established and collected as herein- after hereinafter provided; and (3) Special Assessments against individual Owners under Article XXII of this Declaration. The annual and special assessments (including any expense incurred by the Association to discharge the responsibilities of a Lot Owner hereunder)Special Assessments, together with interestsinterest, late fees, costs and reasonable attorney’s attorneys’ fees, shall be a charge on the land and shall be a continuing lien upon the property which runs with the land against which each such assessment is made, . Each such assessment, together with interestsinterest, costs late fees, costs, and reasonable attorney’s attorneys’ fees, shall also be the personal obligation of the person who was the Owner of such property at the time when the assessment fell due. The personal obligation for delinquent assessments shall not pass to his successors in title unless expressly assumed by them; however, the lien shall remain attached to the property until satisfied or released.