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,.� ' «.. � " ` . I � . 6.4.3 In addition to annual Assessrrzents and special Assessments,the Board has - the authority to {and, in certain instances set forth in this Section 6_4, shall) levy and ' allocate iimited Assessments among only certain Units in accordance with the following requirements and procedures. . " 6.4.4 The costs of insurance may be assessed in proportion of the sqnare foatage or actuai cost per Unit. I . . � b.4.S Reasonable attomeys' fees and other costs incurred by the Association in ; connection with (i) the collection of Assessments and (ii) the enforcement of the Governing Documents, the Act, or the Rules and Regulations, against an Owner or Occupant or their tenants or guests, may be assessed against the Owner's Unit. 6.4.6 Late charges, .fines, and interest may be assessed as provided in Section 14. 6.4.7 Assessments levied under Section S 15B.3-116(a) of the Act to pay a jud�ment against the Association may be levied only against the Units existing at the time the judgment was entered, in proportion to theiF Common Expense liabilities. 6.4.8 If any damage to the.Common Elements or another Unit is caused by the act or ornission of any Owner or Occupant, or their guests•or invitees, the Association � may assess the costs of repairing the damage, br any increase in insurance rates directly attributable to the Act or omission,�xclusively against the Owner's Unit to the extent that - the damage is not covered by insurance. 6.4.9 If Common Expense liabilities are reallocated for any purpose authorized by the Ac4, Assessments and ariy installment thereof not yet due shall be recalculated in accordance with the reallocated Common Expense liabilities Assessments levied under Sections 6.4.1 Ehrough 6.4.8 may, at the Board's discretion, be assessed as a part of,or in addition to,other Assessments levied under SeGtion.6.l or 6.2: ' � � 6.5 Workin�Cavital Fund. There shall be established a working capital fund to meet • ° unforeseen expenditures or to purchase additionat equipment or services for the Association. � The Board may include in each subsequent annual budget a reasonable amount of working capital,hased upon the anticipated needs of the Association for the year in question. There shall be contributed by the purchaser of a Unit, on a one-time basis apon the initial sale of each Unit by Declarant, an amount equal to four monthly installments of the estimated annual Assessment for the Unit in the year of the sale. The contribution shall be paid at the earlier of(i)the time of closing of sale of the Unit or (ii)the time of tennination of the Declarant Control Period. The contributions to this fund are in addition to the regular installments of annua� Assessments, and shal! not be a credit to the regular installments of annual Assessments levied against the respective Unit. The funds sha41 be deposited into a s�gregated Association account no later than the termination of the Declarant Control Period. Funds deposited in said account shall not be used to defray any of Declarant's expenses, reserve contrihutions or construetion costs, nor to make up any budget deficits during the Declarant Control Period. However, upon the closing of the initial sale of a Unit, Declarant may reimburse itself from funds cotlected from the purchaser A9PLS-Word 95281.11 9 I