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HomeMy WebLinkAbout0962 16.5 Association's Ri ht of Access. The Association shall have the irrevocable rig t of access to all units from time to time during reasonable hours as may be necessary for the main- tenance, repair or replacement of any common element therein or accessible therefrom or for making emergency repairs therein necessary to prevent damage to the common elements or another unit. 17. ASSESSMENTS. The Association, through its Board of Directors, s a have the power to fix and determine from time to time the sums necessary to provide for the common expenses to the extent maintained by, contracted for, or the responsibility of the Association. A unit owner, regardless of how title is acquired, shall be liable for all assessments coming due while he is the owner of a unit. In a voluntary conveyance, the grantee shall be jointly and severally liable with the grantor for all unpaid assessments against the grantor for his share of the common expenses up to the time of such voluntary conveyance. 17.1 No Avoidance By Waiver of Use. The liability for assessments may not be avoided by waiver of the use or enjoy- ment of any common elements or services, or by abandonment of the unit for which the assessment was made. 17.2 Interest in Default. Assessments and install- ments thereon, not paid when due, shall bear interest from the date when due until paid at the rate of ten percent (10$) per annum. In the event the unit owner shall be more than thirty (30) days delinquent in the payment of any assessment, the Board of Directors, at its discreetion, may upon five (5) days' written notice to the unit owner, delcare due and payable all assessments applicable to such unit for the fiscal year of the Association in which the delinquency occurs. 17.3 Lien for Unpaid Assessments. The Association shall have a lien on each condominium parcel and all- tangible personal property located within said parcel for the amount of any unpaid assessments, and interest thereon, until paid. Such lien shall also include a reasonable attorney's fee incurred by the Association incident to the collection of such assessment or enforcement of such lien, including such fee in connection with any appellate proceedings arising out of any suit for collection or enforcement, and further including costs of collection. Such liens shall be executed and recorded in the Public Records of St. Lucie County, Florida, in the manner provided by the Condominium . Act, but such liens shall be subordinate to the lien of any mort- gage or any other lien recorded prior to the time of the recording of the claim of lien by the Associatio n. The Board of Directors may take sucl-, action as it deems necessary to collect assessments by personal action or by enforcing and foreclosing said lien, and may settle and compromise the same if in the best interests of the Association. The lien shall be effective as and in the manner provided by the Condominium Act and shall have the priorities established by said Act. 17.4 Foreclosure of Lien. Liens for assessments may be foreclosed by suit brought in the name of the Association in like manner as a foreclosure of a mortgage on real property, as more fully set forth in the Condominium Act. The Association may, at any sale, bid in the sale and apply as a cash credit against its bid all sums due the Association covered by the Lien being enforced. DC -12 " ec~K327 PacE 961 ~nK _ - gig'