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09-10-2018 Council Packet
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09-10-2018 Council Packet
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ad included in any judgment rendered in such action, and the <br />ition may also enforce and foreclose any lien it has .or which <br />st for its benefit. <br />'•'� K. Recording and Enforcement of Liens. To evidence <br />for sums assessed pursuant to this Declaration the Association <br />:pare a written notice of lien setting forth the amount of <br />;essment, the date due, the amount remaining unpaid, the name <br />Owner of the Lot, the name of the person personally obligated <br />the'same and a description of the Lot. Such a notice shall <br />:ed by 'an officex of the Association and it or a notice of <br />claim thereof may be recorded in the appropriate office of <br />;tate records for Hennepin County, M.I,nnesota. No notice of <br />►all'be recorded until there is a delinquency in a <br />p ymestt of <br />;essment for thirty. (30) days. Upon such a delinquency for � <br />:(30)...days, the Association shall proceed promptly to enforce <br />!n. or, in its discretion, to sue the person personally liable <br />the ,lien for the delinquency. Such lien shall be enforced by <br />in the same manner in which mortgages on real property may be <br />)sed in .Minnesota. in any. such foreclosure, the person ._ <br />ally obligated to pay the lien shall be required to pay all'. <br />:)f foreclosure including reasonable attorneysfees. All _such .;' <br />ind expenses shall be secured by the lien being foreclosed <br />hall also <br />rson personally obligated to pay the lien sbe <br />�? <br />ad.to pay to the Association any assessments against the Lot,; <br />shall become due during the period of foreclosure. The <br />ation shall have the right and power to bid at the foreclosure <br />r'other legal sale and to acquire, hold, convey, lease, rent, <br />er,,use and otherwise deal with the foreclosed int::rest in <br />t as the Owner thereof. <br />L. Subordination of Lien. The. lien of the assessments <br />ed for herein shall be subolydinate to the lien of any'`3.rst <br />ge, and to tax liens and liens for special assessments in <br />of any taxing and ,assessing unit of government. Sale or:transfer <br />Lot or any interest therein shall not affect the assessment. <br />-10- <br />
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