Article X: Assessments
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As more fully provided in the Declaration, each member is obligated to pay to the Association annual and special assessments or monthly assessments which are secured by a continuing lien upon the property against which the assessment is made. Any annual, monthly, or special assessments which are not paid when due shall be delinquent. If the annual, monthly or special assessment is not paid within thirty (30) days after the due date, the assessment shall bear interest from the date of delinquency at the rate of 6 percent per annum, and the Association may bring an action at law against the Owner personally obligated to pay the same or foreclose the lien against the property, and interest, costs, and reasonable attorney's fees of any such action shall be added to the amount of such assessment. No Owner may waive or other¬wise escape liability for the assessments provided for herein by nonuse of the Common Property or abandonment of his Lot and Dwelling Unit. The Association may suspend an Owner's right to use any common recreational areas or facilities in the event the Owner is delinquent on any regular or special assessments. Delinquent assessments or fines may be deducted from an owner's share of any association funds.
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