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

Creation of the Lien and Personal Obligation of Assessments. Each Owner of a Lot covenants and agrees to pay the Association (a) annual assessments or charges, (b) special assessments, and (c) individual assessments established and collected as provided in these CC&Rs. All such assessments, together with interest, attorney fees, and costs of collection as provided in these CC&Rs, will be a continuing lien upon the Lot against which each such assessment is made. Each such assessment, together with interest, attorney fees, and costs of collection are also the personal obligation of Owner of such Lot at the time the assessment became due. The personal obligation for delinquent assessments will not pass to an Owner’s successor in title unless expressly assumed by the successor, but the lien of the assessment will run with the Lot, except as otherwise provided herein.