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6.3 Special Assessments. In addition to annual Assessments, the Board may levy in <br /> any Assessment year a Special Assessment against all Units for the purpose of <br /> defraying in whole or in part (i) the cost of any unforeseen or unbudgeted <br /> Common Expense, (ii) general or specific reserves for maintenance, repair or <br /> replacement, and (iii) the maintenance, repair or replacement of any part of the <br /> Property, and any fixtures or other property related thereto. <br /> 6.4 Liability of Owners for Assessments. The obligation of an Owner to pay <br /> Assessments shall commence at the earliest of (i) the time at which the Owner <br /> acquires title to the Unit if a Dwelling has already been constructed, (ii) the day <br /> on which a certificate of occupancy has been issued for a Dwelling, (iii) the due <br /> date of the first Assessment levied by the Board; or (iv) the date which is eighteen <br /> (18) months after an Owner acquires title to a Unit if construction of a Dwelling <br /> has not commenced. Notwithstanding the foregoing, neither Declarant nor a <br /> Homebuilder, shall be liable for any Assessment, nor subject to any Assessment <br /> lien, for any period. Subject to the foregoing exemptions, the Owner at the time <br /> an Assessment is payable with respect to the Unit shall be personally liable for the <br /> share of the Common Expenses assessed against such Unit. Such liability shall be <br /> joint and several where there are multiple Owners of the Unit. The liability is <br /> absolute and unconditional. No Owner is exempt from liability for payment of <br /> his, her or its share of Common Expenses by right of set-off, by waiver of use or <br /> enjoyment of any part of the Property, by absence from or abandonment of the <br /> Unit, by the waiver of any other rights, or by reason of any claim against the <br /> Association or its officers, directors or agents, or for their failure to fulfill any <br /> duties under the Governing Documents. The Association may invoke the charges, <br /> sanctions and remedies set forth in Section 13, in addition to any remedies <br /> provided elsewhere in the Governing Documents or by law, for the purpose of <br /> enforcing its rights hereunder. <br /> 6.5 Assessment Lien. The Association has a lien on a Unit for any Assessment <br /> levied against that Unit from the time the Assessment becomes due. If an <br /> Assessment is payable in installments, the full amount of the Assessment is a lien <br /> from the time the first installment thereof becomes due. Fees, charges, late <br /> charges, fines and interest charges imposed by the Association are also liens, and <br /> are enforceable as Assessments, under this Section. Recording of the Declaration <br /> constitutes record notice and perfection of any lien under this Section, and no <br /> further recordation of any notice of or claim for the lien is required. <br /> 6.6 Foreclosure of Liens; Remedies. A lien for Common Expenses may be <br /> foreclosed against a Unit under the laws of the State of Minnesota(i)by action, or <br /> (ii) by advertisement as a lien under a mortgage containing a power of sale. The <br /> Association, or its authorized representative, shall have the power to bid in at the <br /> foreclosure sale and to acquire, hold, lease, mortgage and convey any Unit so <br /> acquired. The Owner and any other Person claiming an interest in the Unit, by <br /> the acceptance or assertion of any interest in the Unit, grants to the Association a <br /> 14 <br /> Version for Council 05/22/2019 <br />