Section 3.05.
Lien for Delinquent Assessments. The annual
assessment charges of the Association, including without limitation, any cost
of maintenance of any Lot by the Association as provided in Article 4 below,
shall be a lien and encumbrance on the Lot with respect to which said charge is
made, as well as the personal obligation of the Lot's Owner or Owners. By the acceptance of
title to a Lot, the Owner(s) (not including thereby any mortgagee as long as it
is not the Owner), from the time of acquiring title thereto, shall be held to
have covenanted and agreed to pay to the Association all such charges that were
then due and unpaid to the time of acquiring the title thereto and all such
charges thereafter falling due during such Owner's ownership thereof. A
certificate in writing issued by the Association or its agents setting forth
the status of said charges shall be given on demand to any Owner or prospective
purchaser liable, or who may be liable, for said charges, which certificate
shall be binding upon said parties.
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