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HomeMy WebLinkAbout2315 • ~ of membership in the Association as the same are prescribed in the Articles of Incorporation of the Association as tt:c~}• may be constituted from time to time. In the event of any inconsistencies at any time between the provisions of this Declaration of Protective Covenants and the provisions of said Articles the provisions of this declaration shall govern. ARTICItE VI - COVENANT FOR MAINTENANCE ASSESSMENTS Section 1. Creation of the Lien. Each Owner, except the Deve laE~e r, o f any I.ot i n the Subci i v i s ion b}' acceptance of a decd therefore, whether or not it shall be so expressed in any such decd 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: T)ie Annual Assessment, together with such interest thereon and costs of collection thereof as hereinafter provided, shall be a charge on the land and shall be a continuing lien upon the property against which each such assessment is made. In no 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 f amount of the assessment or assessments, as provided for hereinafter, against his property. The amount of the assess- ! ment shall be fixed by the members of the Association at least thirty (3G) days in advanct~ of said January 1, on which date the assessment shall be due and parable. Written• notice of the assessment shall thereupon be sent to every Owner subject to the assessment. Such notice shall be j deemed to have been given if it is deposited i~ost~~ge prepaid in the United States mails addressed to the name or names • and address under which the property in question is listed on the records o* the Association ~r in the office of the 5t. Lucie County Tax Assessor. The amount of the annual assessment may be changed from year to year by the Associa- tion as the needs of the Subdivision, in its judgment, may require. In the event that an owner acquires title to a Lot ~ from the Developer after January 1 of any year, the amount of the assessment against that Lot shall be 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 acyuire title. 'r Section 3. Certificate of Payment. The Association shall upon demand at any time furnish to any 't Owner a certificate in writing signed by an officer of the Association, settinEl forth whether any assessments made .against his Lot or hots have been paid. Such certificate shall be conclusive evidence of payment of any assessment therein stated to have been paid. Section 4. Effect of non~~yment of Assessment: ~F~,N,MAN The Lien : Remedies of the Association . I f an assessment i s •..:HIENEU not paid on the date when 'lue ( bei nq the dates specified i n •.rrwrt~w :•t~cE 1f./NIA •,.•R ~b• 7MM