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7.1.4 Maintertance, for purposes of this Declaration, shall include, but not be limited to, as necessary, any hazard and liability insurance deemed necessary by fire Association. Section 7.2 Enforcement of Covenants and Restrictions. The Association shall be responsible for the enforcement of the covenants and restrictions contained in this Declaration. ARTICLE 111.1 ASSESSMENTS Section 8.1 Creation of Assessments. The Declarant, for each Lot ov,,ned by it, hereby covenants, and each Owner of any Lot, by acceptance of a deed for a Lot, whether or not it shall be so expressed in the deed or any.conveyance, is deemed to agree to pay to the Association: (a) Annual Assessments, and (b) any Individual Lot Maintenance Assessments levied against the Owner's Lot pursuant to the provisions of this Declaration. Section 8.2 Purpose of Annual Assessments The Annual Assessments shall be levied for the purpose of paying the costs associated with the duties of the Association as set forth in this Declaration, together with the incidental costs of operating the Association. Section 8.3 Levv of Annual Assessments. The Annual Assessment must be fixed at a uniform rate for all lots. Section 8.4 Common Expense Assessments. Common Expense Assessments shall be allocated equally among all Lots. Section 8.5 Individual Lot Maintenance.Assessments. In the event that any Owner violates any covenant or fails to perform any term, covenant or condition contained in tills Declaration, the Association may perform the act, remove the defect or correct the violation upon thirty (30) days written notice to the Owner and may levy an assessment to pay the cost thereof (hereinafter, . "Individual Lot Maintenance Assessment") against such Owner's Lot. Section 8.6 Effect of Nonpayment of Assessments' Remedies of Association. The Annual Assessments and Individual Lot Maintenance Assessments shall be fixed as provided in this Declaration. ' If any such assessment is not paid when due, it shall become delinquent and shall, together with interest at a rate of eight percent (8%) per annum, any cost of collection and any attomey's fees, become a continuing lien on the Lot and shall also be the personal obligation of the Owner of the Lot at the time the assessment is made. The lien may be enforced and foreclosed by action in the same maturer in which mortgages may be foreclosed in It'Iinnesota. Each Owner, by acceptance of a deed for an), Lot, shall be deemed to give full and complete power of sale to the Association and to consent to a foreclosure of the lien by advertisement. The Association may also bring an action at law against the Owner personally obligated to pay the assessment. Section 8.7 Subordination of Lien to First Mortgages. The lien of Assessments provided for herein shall be subordinate to the lien of any first Mortgage, and the sale or transfer of any Lot shall not affect the Assessment lien. However, the sale or transfer of any Lot pursuant to the BUSSED 5091M.9 8