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' .„. , I - . i I . 6.4.3 In addition to annual Assessments 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 �asts of insurance may be assessed in proportion of the square footage or actuat cost�er Unit. � b.4,5 Reasonable attorneys' fees and other costs incurred by the r�ssociation in I connection with (i) the callection of Assessments and (ii) the enforcement of the Governing Documents, ihe Act, or the Rules and Regulations, against an �wner 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.3-11 b(a) of the Act to pay a judgment against the Association may be levied only against the Units existing at the time the judgment was entered, in proportion to their Common Expense liabilities. 6,4.8 If any damage to the.Common Elements or another Unit is caused by the act or omission of any Owner or Occupant, or their guests•or envitees, the Association � may assess the costs of repairing the damage, or any increase in insurance rates directl attributable to the Act or omission,exclusively 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 authorize by the Acf, Assessments and any installment thereof not yet due shall be recalculated i accordance with the reallocated Common Expense liabilities Assessments levied under Sections 6.4.] Ehrough 6.4.8 may, at the Board's discretion, b assessed as a part of,or in addition to, other Assessments levied under Section 6.1 or 6.2: � � 6.5 Workin� Ca�ital Fund. There shall be established a working capital fund to mee • � � 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 workin capital,hased upon the anticipated needs of the Association for the year in question, There shal be contributed by the purchaser of a Unit, on a one-time basis upon the initial sale of each Uni by Declarar�t, an amount equal to four monthly installments of the estimated annua} Assessmen for the Unit in the year of the sale. The contribution shall be paid at the earlier of(i)the time o closing of sale of the Unit or (ii)the time of termination of the Declarant Control Period. Th contributions to this fund are in addition to che regular installments of annual Assessments, an shal! not be a credit to the regular installments of annual Assessments levied against th respective Unit. The funds shall be deposited into a segregated Association account no later tha the terrnination of the Declarant Control Period. Funds deposited in said account shall not b used to defray any of Declarant's expenses, reserve cantributions or construction costs, nor t make up any budget deficits during the Declarant Control Period. However, upon the closing o the initial sa3e of a Unit, Declarant may reimburse itself from funds coilected from the purchase MPLS-Word 9528i.i t 9 I