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HomeMy WebLinkAbout0155 ~.+i~'~~:a.r .i +.1..-+w ..d`aw.:Jyi..S -WKY~:-.._..w~.-~~r~li~, _~.~i..~.~. - ~ ~-..~+arw~-r - • • , s . ~ ~ . of membership in the Association as the same are prescribed in the Articles of Incorporation of the Association as they 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. ARTICLE VI ; ~i COVENANT. FOR MAINTENANCE ASSESSMENTS Section 1. Creation of the Lien. .Each Owner, ~~except the Developer, of any Lot in t e Su ivision by ;acceptance of a deed therefore, whether or not it shah. be '~so expressed in any such deed or other conveyance, is +~deemed to covenant and agree to pay to the Association f; 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 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 Pa ent of Annual Assessments. Commencing January 1, 19 0, and on the same ay o eac 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 assess- ment 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. Written ':notice of-the assessment shall thereupon be sent to every I Owner subject to the assessment. Such notice shall bs ",deemed to have been given if it is deposited postage prepaid `in the United States mails addressed to the name or names j 'and address under which the property .in question is listed 'on the records of the Association or in the office of the ~ i!St. Lucie County Tax Assessor. The amount of the annual iassessment 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 Hof 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 acquire title. Section 3. Certificate of Pa Went. The Association shall upon deman at any time urnish to any Owner 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 ~~therein stated to have been paid. ii Section 4. Effect of non a ent of Assessment: ,o?,w fEMN~MAM. The Lien: Remedies of the Assoclat on. I an assessment is C?1ARTEREO jl not pa d on t e date when ue being the dates specified in Arrwai[r wt uw roll Of fiC[ ~DII ~7~ 1 t - ST UAIIt, ROAOA ; 1701 }p~~ - - Page 6 ~ t~GE