HomeMy WebLinkAbout2010 at the rate of eight and one-hal! percent (8~) per annwn, and the
Association may bring an action at law aqainst 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
preparin~ and filing the complaint in auch action, and in the event •
a judqment fe obtained, such judqment ahall 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 mortgaqe or mortgaqes now or_hereafter placed upon the
properties subject to assessment; provided, however, that such subor-
dination shall apply only to the assessments which have become due and
payable prior to a sale or tranfer 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 from
the lien of any such subsequent assessment.
Section 11. Exempt Pro erty. ~'re following property subject
to ~::~s Declaration shall be exempted from the assessments, charges and
liena created herein: (a) all properties to the extent of any ease-
ment or other interest therein as dedicated and accepted by the loaal
public authority and devoted to public use; (b) all Com~non Properties
as defined in Article 1, Section 1 hereof; (c) all properties exempted
from taxation by the laws of the State of Florida upon the tern~s and to
I the extent of such legal exemption. Notwithstanding any provisions
~ herein, no land or impro~ements devoted to dwelling use shall be exempt
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