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acceptance of a deed therefore whether or not it shall be
i! so expressed in any such deed or other conveyance, is deemed
to covenant and agree to pay to the Association annual
assessments or charges to be fixed, established and collected
from time to time as hereinafter provided. The Annual
Assessment, together with such interest thereon and costs of
collection thereof as hereinafter provided, shall be a
~i charge on the land and shall be a continuing lien upon the
property against which each such assessment is made. In no
±i event shall such lien become prior to the mortgage lien of
any financial institution or bank unless a written statement
of the lien amount has been filed by the Association in the
Public Records of the Clerk's Office of St. Lucie County,
Florida, prior to the filing of said institution or bank
mortgage lien.
Section 2. Amount and Payment of Annual Assessments.
Commencing January 1, 1980, and on the same day of each year
thereafter, each Owner, except the•Developer, shall pay to
the Association, on or before such date, the amount of the
assessment or assessments, as provided for hereinafter, ~
against his property. The amount of the assessment shall be
fixed by the members of the Association at least thirty (30)
days in advance of said January 1, on which date the assessment
shall be due and payable. Y~ritten notice of the assessment i
shall thereupon be sent to every Owner subject to the assessment.
Such notice shall be deemed to have been given if it is
deposited postage paid in the United States nails addressed
to the name or names and address under which the property in
question is listed on tY~.e records of the Association or in
the office of the St. Lucie County Tax Assessor. The amount
of the annual assessment may be changed from year to year by
the Association as the needs of the Subdivision, in its
judgment, may require. In the event that an Owner acquires i
title to a Lot from the Developer after January 1 of any 1
year . the amount of the a ssessment- acra i nGt that_ T.nt cha l l h_ P
reduced for the calendar year in question on a prorata ~
basis. Such reduced assessments shall be due and payable on
the date on which Owners acquire title.
s Section 3. Certificate of Payment - The Association
shall upon demand at any time furnish to any Omer a certificate
.in writing signed by an officer of the Association, setting
~ forth whether any assessments made against his Lot or Lots
have been paid. Such certificate shall be conclusive evidence
of payment of any assessment therin stated to have been
paid.
Section 4. Effect of non a ent of Assessment:
The Lien: Remedies of the Association - If an assessment is
not pai on the date when due being the dates specified in I
~ Section 2 hereof), then such assessment shall be considered ~
delinquent. If the assessment is not paid within thirty
(30) days after the delinquency date, the assessment shall
.bear interest from the date of the delinquency at the rate '
of ten (10$) percent per annum and the Association may place ~
the assessment in the hands of an attorney for collection ~
and the Association may bring suit to foreclose the lien in E
-the same manner as mortgages. There shall be added to the ~
araount of such delinquent assessment: interest on the ~
assessment as above provided, reasonable attorneys' fees and
costs incurred with respect to the enforcement of said lien.
Section 5. Special Assessments - In addition I
~;>'.+:MERBfRI?SIER, ±•Q the annual assessments authorized above, the Association
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