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Home My WebLink About2479 If the assessment is not paid within thirty (30) days after the delinquency date, the assessment shall bear interest from the date of delinquency at the rate of seven percent (7X) per annum,-and the Association may bring an action at law i against the Owner personally obligated to pay the same or to foreclose the lien ~ against the property, and there shall be added to the amount of such assessment the costs of preparing and filing the complaint in such action, and in the event a judgment is obtained, such ~udgment shall include interest on the assessment as above provided and a reasonable attorney's fee to be fixed by the court together with the costs of the action. Section 10. Subordination of the Lien to Mortgages. The lien of the assessments provided for herein shall be subordinate to the lien of any mortgage or mortgages now or hereafter placed upon the properties subject to assessment; provided, however, that such subordination shall apply only to the assessments which have become due and payable prior to a sale or transfer of such property pursuant to a decree of foreclosure. Such sale or transfer shall not relieve such property from liability for any assessments thereafter.becoming due, nor fiom the lien of any such subsequent assessment. Section 11. Exempt Property. The following property subject to this Declaration shall be exempted from the assessments, charges and liens created herein: (a) all properties to the extent of any easement or other interest therein is de- dicated and accepted by the local public authority and devoted to public use; (b) F all Co~on Properties as defined in Article 1, Section 1 hereof; (c) all pro- i ~ perties exempted from taxation by the laws of the State of Florida upon the terms ~ ~ ~ and to the extent of such legal exemption. ~ Notwithstanding any provisions herein, no land or improvements devoted to dwelling € use shall be exempt from said assessments, charges or liens. ~ ~ ~ ~ ~ ~ ~ ~ V f r _ ~ g l z+ rk ~ ~ ~ ~ ~T ~ ~ ~ ° ~ 21~ ~A~t 24?3 ~Q~~ -~o- ~ - - - ~ ~ ; ~'-~~s~_.e.~ _ - - ~-Y