02-14-2005 Council Packet - Laserfiche WebLink

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21.03 Riyht to Cure. In the event that any owner violates any covenant or fails to perform any condition contained in this Declaration, the Association may perform the act, remove the defect or correct the violation upon thirty (30) days written notice to the owner. If the Association so acts on behalf of an owner, the Association may levy an assessment against the owner's Unit for the cost of the performance or correction as a Maintenance Assessment as provided in Section 10.04. 21.04 Sanctions and Remedies. In addition to any othci remedies or sanctions, expressed or impiied, administrative or legal, the Association shall have the right, but not the obligation, to implement any one or more of the following actiorts against owners and occupants and/or their guests, who violate the provisions of the Declaration or Bylaws, the Rules and Regulations or the Act: A. Commence legal action for damages or equit^le relief in any court of competent jurisdiction. B. Impose late charges of up to 15% of each late payment of an assessment or installment thereof. C.In the event of default of more than 30 days in the payment of any assessment or installment thereof, all remaining installments of assessments assessed against the Unit owned by the defaulting owner may be accelerated and shall then be payable in full if all delinquent assessments, together with all costs of collection and late charges, are not paid in full prior to the effective date of the acceleration. Rcasionablc advance written notice of the enbetive date of the acceleration shall be given to the defaulting owner. D.Impose reasonable fines, penalties or charges for each violation of the Act, the Declaration or Bylaws, or the Rules and Regulations of the Association. E.Restore any portions of the Commem Elements or Limited Common Elements damaged or altered, or allowed to be damaged or altered, by any owner or occupant or their invitees in violation of the Declaration or Bylaws, and to assess the cost of such restoration against the responsible owners and their Units. V.Foreclose any lien arising under the provisions of the Declaration or Bylaws or under law, in the manner provided for the foreclosure of mortgages by action or under a power of sale in Minnesota. 21.05 Lien for Charges. Penalties. Etc. Any assessments, charges, flnes, penalties, or interest imposed under this Article shall be a lien against the Unit of the owner against whom the same are imposed and the personal obligation of such owner in the same manner and with the same priority and effect as assessments under Article 10.00. The lien shall attach as of the date of J