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<br />The Board of Directors shall also fix the due date of any special assessment to be <br />levied against each Lot in any assessment year. The Board shall send written notice of such <br />special assessments and the due dates thereof to every Owner subject thereto within thirty (30) <br />days after the Owners have approved such special assessment pursuant to Section 5 of this <br />Article v. <br /> <br />The Association shall, upon demand and for a reasonable charge, furnish a certificate <br />signed by an officer of the Association setting forth whether the assessments on a specified <br />Lot have been paid. A properly executed certificate of the Association as to the status of <br />assessments on a Lot is binding upon the Association as of the date of issuance. <br /> <br />Section 11. Effect of Non-Pavment of Assessment. If the assessments are <br />not paid on the date when due, then such assessments shall become delinquent and shall, <br />together with interest thereon, all reasonable attorney's fees incurred, and costs of collection <br />thereof hereinafter provided, become a continuing lien on the Lot. Said lien on the Lot may <br />be enforced and foreclosed by action at law in the same manner as a mortgage. <br />I f the assessment is not paid within thirty (30) days after the due date, the assessment shall <br />bear interest at the highest rate permitted by the Minnesota Law for mortgages on a single <br />family Residential property in force on the due date of the assessment fTom the due date, and <br />the Association may bring an action at law or a suit in equity against the Owner personally <br />obligated to pay the same, or may foreclose the lien against the Lot pursuant to Minnesota <br />Statutes Chapter 580 and 581. There shall also be added to the amount of such assessment <br />the cost of preparing and filing the complaint in such action, and in the event that judgment <br />is obtained, such judgment shall include interest on the assessment as above provided, and <br />reasonable attorney's fees to be fixed by the Court, together with other costs of the action. <br />Fees, charges, late charges, fines and interest may be assessed as provided in Section 515B.3- <br />116(a) of the Act. <br /> <br />No Owner may waive or otherwise avoid liability for the assessments provided for <br />herein by abandonment of his or her Lot. <br /> <br />Section 12. Subordination of Lien to First Morh!ae:e. The lien of the <br />assessments provided for herein shall be subordinate to the lien held by any First Mortgagee <br />now or hereafter placed upon a Lot subject to assessments; provided, however, that such <br />subordination shall apply only to the assessments which have become due and payable prior <br />to the sale or transfer of a Lot and the expiration of the period of redemption from a <br />mortgage foreclosure sale or conveyance by deed in lieu of foreclosure. The purchaser at a <br />foreclosure sale of a first mortgage shall, upon expiration of the period of redemption, hold <br />title to the Lot fTee and clear of any existing lien for such assessments unless such purchaser <br />specifically assumes such assessments. Such sale or transfer shall not release a Lot from the <br />lien of any assessments which thereafter become due. <br /> <br />Section 13. Jude:ment. Assessments levied under Section 515B.3-116 of the <br />Act to pay a judgment against the Association may be levied only against the Lots existing <br />at the time the judgment was entered, in proportion to their Common Expense liabilities. <br /> <br />8 <br />