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• <br />c. one (1) director until such time the Declarant relinquishes its <br />right to appoint a director of the Association. <br />Any director not appointed by the Declarant shall be elected by the Owners at <br />times and in a manner pursuant to the Bylaws of the Association and Section <br />6.4 herein. <br />6.6 Assessments. As a member of the Association, each Owner by acquiring legal <br />or equitable title to a Lot, agrees for itself, its heirs, personal representatives, <br />successors and assigns, to pay the Association any dues, assessments, <br />charges, costs or fines, as may from time to time be levied by the Association <br />for any lawful reason. <br />6.7 Failure to Pay Assessments. In the event an Owner fails to pay any dues, <br />assessments, charges, costs or fines tendered by the Association to it, or its <br />successors and assigns, the Association will serve the Owner with a notice of <br />delinquency. The Owner will, within thirty (30) days after receipt of such notice, <br />pay the Association no less than the delinquent amount. <br />If at the end of such thirty (30) day period the Owner has not paid the amount <br />due to the Association, interest will be added to the delinquent amount at an <br />annual rate equal to the maximum legal rate or three percent (3%) above prime <br />as reported in the Wall Street Journal, whichever is lower. The rate will be <br />adjusted annually on the anniversary date of said notice of delinquency. <br />The owner will be liable for reasonable attorney's fees incurred in the collection <br />of delinquent dues, assessments, charges, costs or fines, and any accrued <br />interest thereon. <br />The delinquent amount, plus accrued interest, shall automatically become a <br />lien upon the Lot(s) of the delinquent Owner, which lien shall be superior to all <br />claims to such Lot except mortgages and delinquent real property tax, as well <br />as an enforceable personal obligation of the Owner. The Association, or its <br />successors and assigns, may upon failure of an Owner to pay any statement <br />tendered by the Association, record notice of its claim of lien against any such <br />Lot and thereafter pursue an action to foreclose said lien in any manner now or <br />in the future permitted bylaw or equity. The Association may, in addition to, or <br />instead of, foreclosure, obtain a personal judgment against the Owner. <br />ARTICLE Vll <br />COMMON AREAS AND EASEMENTS <br />7.1 Common Areas. Common Areas in Blackthorn shall consist of all real and/or <br />personal property which the Declarant and/or the Association owns or has an <br />interest in for the common use of the members of the Association, including, <br />but not limited to, landscape, entry features, drainage, landscape medians, <br />security, safety, bicycle paths, roads, project lighting and recreational areas or <br />14 Blackthorn Corporate Park Covenants and Restrictions <br />5130101 <br />