Creation of the Lien and Personal Obligation of Assessments Sample Clauses

Creation of the Lien and Personal Obligation of Assessments. 1. Each Owner for any lot, by said acceptance of a deed therefore, whether or not it shall be so expressed in such deed, is deemed to covenant and agree to pay: (1) the initial assessment, (2) annual assessments or charges, and (3) special assessments for capital improvements or losses, or for failure to maintain and repair, such assessments to be established and collected as hereinafter provided.
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Creation of the Lien and Personal Obligation of Assessments. The Declarant, for each Condominium within the Project, hereby covenants, and each Owner of any Condominium, by acceptance of a deed for that Condominium, whether or not it shall be so expressed in such deed, covenants and agrees:
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.
Creation of the Lien and Personal Obligation of Assessments. The Declarant, for each Lot owned by it, hereby covenants, and each Owner of a Lot, by becoming the Owner thereof, whether or not it is expressed in the deed or other instrument by which the Owner acquired ownership of the Lot, is deemed to covenant and agree to pay to the Association annual assessments, special assessments, individual lot assessments and any applicable neighborhood assessments. The annual, special, individual lot and neighborhood assessments, together, with interest, costs, and reasonable attorneys’ fees, shall be a charge on the land and shall be a continuing lien upon the Lot against which each such Assessment is made. Each such Assessment, together with interest, costs, and reasonable attorneys’ fees, shall also be the personal obligation of the Owner of such Lot at the time when the Assessment became due. Except as otherwise expressly provided herein or by applicable law, an Owner is jointly and severally liable with the previous Owner for all unpaid assessments that came due up to the time of transfer of title. This liability is without prejudice to any right the present Owner may have to recover any amounts paid by the present owner from the previous owner. Notwithstanding anything to the contrary contained in this Section, the liability of a First Mortgagee, or its successor or assignee as a subsequent holder of the first mortgage who acquires title to a parcel by foreclosure or by deed in lieu of foreclosure, for the unpaid assessments that became due before the mortgagee’s acquisition of title, shall be limited as and to the extent provided by Section 720.3085, Florida Statutes, as amended from time to time. In the case of co-ownership of a Residential Unit, all of such co-owners shall be jointly and severally liable for the entire amount of the Assessments. The Association shall, upon demand, at any time, furnish to any Owner liable for an assessment a certificate in writing signed by an officer of the Association, setting forth whether said assessment has been paid. The Association may charge a reasonable fee for such certificate. Such certificate shall be prima facie evidence of payment of any assessment therein stated to have been paid.‌
Creation of the Lien and Personal Obligation of Assessments. Each and every Owner of any Lot or Lots within the Property, by acceptance of a deed to a Lot, whether or not it shall be so expressed in any such deed or other conveyance, shall be personally obligated to pay to the Association the regular assessments or charges, special assessments and charges, and the Association’s costs of collection, including, without limitation, any collection fees, attorneys’ fees, late fees, administrative fees and charges, and court costs incurred in collecting the assessments, or in enforcing or attempting to enforce the Declaration, By-Laws, Architectural Guidelines and Regulations (collectively, “Costs of Collection”) Regular annual assessments and special assessments are to be fixed, established and collected from time to time as hereinafter provided. The regular annual assessment and special assessments together with such interest thereon and Costs of Collection therefore, shall be a charge and continuing lien on the Lot and Patio Home thereon against which each such assessment is made. Each such assessment, together with assessed interest thereon and all Costs of Collection, as hereinafter provided, shall also be the personal obligation of the Owner of such Lot at the time when the assessment first becomes due and payable. In the case of co-ownership of a Lot, all of such co-owners shall be jointly and severally liable for the entire amount of the assessment. No Owner may waive or otherwise escape liability for the assessments provided for herein by non-use of Common Properties or abandonment of his Lot and Patio Home.
Creation of the Lien and Personal Obligation of Assessments. Each Owner of any Building Site or any other parcel of property in Bayside Concourse by acceptance of a deed or any other means of conveying title to such property, including, without limitation, any purchaser at any foreclosure or judicial sale, whether or not it shall be so expressed in such deed or other means of conveyance, is hereby expressly deemed to covenant and agree to pay to the Association: (1) the Annual Assessments, and (2) the Special Assessments. The Assessments shall be a charge and encumbrance against the Building Site and Improvements situated therein and other property in Bayside Concourse to which such Assessment relates and shall be a continuing lien and encumbrance upon such Building Site and Improvements or other property against which such Assessment is made until paid in full. The Assessments shall also be the personal obligation of the Person who was the Owner of the applicable Building Site at the time any Assessment was levied. The liability for the payment of any Assessment may not be avoided or reduced by any waiver of the use or benefit of the Common Areas or any portion thereof by any Owner or by the failure or refusal of such Owner to exercise any of the rights and privileges of a Member of the Association.
Creation of the Lien and Personal Obligation of Assessments. Each Owner, by acceptance of a deed conveying a Lot, whether or not it shall be so expressed in any such deed or other conveyance, shall be deemed to covenant and agree to all of the terms and provisions of these Covenants and pay to the Association annual assessments or special assessments for the purposes set forth in this Article, such assessments to be fixed, established and collected from time to time as hereinafter provided. The Owner of each Lot shall be personally liable, such liability to be joint and several if there are two or more Owners, to the Association for the payment of all assessments, whether annual or special, which may be levied while such party or parties are Owners of a Lot. The annual and special assessments, together with such interest thereon and costs of collection therefor as hereinafter provided, shall be a charge and continuing lien on the Lot and on all the improvements thereon against which each such assessment is made. Unpaid assessments shall bear interest and/or late fees from the due date to the date of payment as set by the Board. In the event that two or more Lots are combined into a single Lot by an Owner, the assessments will be for the new Lot.
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Creation of the Lien and Personal Obligation of Assessments. Each Owner of each Lot by acceptance of a deed (or in the situation of a contract purchaser pursuant to a recorded contract, by acceptance of such contract), whether or not it shall be so expressed in such deed or such contract, is deemed to covenant and agree to pay to the Association: (a) an annual assessment and (b) any special assessments, both of such assessments to be established and collected as hereinafter provided. The annual and special assessments, together with interest, costs and reasonable attorney's fees, shall be a charge and a continuing lien upon the Lot against which such assessment is made from the time such assessment becomes due. Each such assessment, together with interest, costs and reasonable attorney's fees, shall also be the personal obligation of the person who is the Owner of such Lot at the time when the assessment becomes due.
Creation of the Lien and Personal Obligation of Assessments. 1. The Declarant, for each lot or living unit owned within the properties, 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 covenants by acceptance of a deed therefore, 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 any deed, is deemed to covenant and agree to pay to the Association; (1) annual assessments or charges assessed either monthly, quarterly, or annually depending upon the decision of the Board of Directors; and (2) special assessments for capital improvements or losses, such assessments to be established and collected as hereinafter provided.
Creation of the Lien and Personal Obligation of Assessments. Each Owner of any Lot by acceptance of a deed therefore (except Declarant, as more specifically provided in Section 5.6 below), whether or not it shall be so expressed in such deed, is deemed to covenant and agree to pay to the Association: Regular Yearly Assessments (for maintenance, repairs and ordinary operating expenses, including Common Expenses); and Special Assessments for capital improvements and operating deficits and for special maintenance or repairs as provided in this Declaration. A working capital contribution upon the sale or transfer of any Lot in the amount of ______________________and no/100 Dollars ($____.00), which shall be due at the time of such sale or transfer. Such assessments shall be established, shall commence upon such dates and shall be collected as hereinafter provided. All such assessments, together with prejudgment interest at twelve percent (12%) per annum (or, if such rate exceed the highest rate permissible by applicable law, then the highest rate permissible by applicable law), costs and reasonable attorneys’ 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 interest, costs, and reasonable 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 such Owner’s successors in the title unless expressly assumed by them.
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