Laserfiche WebLink
the other Parcel that such Owner shall pay promptly when due such Owner's <br /> Cost Share of Easement Area Costs. Each Owner's Cost Share of Easement <br /> Area Costs, together with interest at the Defauit Rate, and costs and attorneys' <br /> fees incurred in collection thereof, shall be a lien against such Owner's Parcel <br /> from the date such Cost Share, or any installment payment thereof, becomes <br /> delinquent, and such lien may be enforced by foreclosure thereof in the same <br /> manner as a mortgage either by action or by advertisement, the power of sale <br /> being hereby expressly granted. However, such lien shall be subordinate to the <br /> lien of any first mortgage on a Parcel, and the sale or transfer of a Parcel <br /> pursuant to mortgage foreclosure or any proceeding in lieu thereof shall <br /> extinguish the lien of such Percentage Share as to payments thereof which <br /> became due prior to such sale or transfer. No such sale or transfer shall relieve <br /> a Parcel or its Owner from liability for any installments of Easement Area Costs <br /> thereafter becoming due or from the lien thereof. Any lien claim filed for record <br /> pursuant hereto shall terminate one (1) year after the filing thereof, unless a <br /> foreclosure by advertisement or by action has been initiated before the end of the <br /> one-year period. In addition, each such installment of Easement Area Costs, <br /> together with interest thereon at the Default Rate, and costs and attorneys' fees <br /> incurred in collection thereof, shall be the personal obligation of the person or <br /> entity who was the Owner of the Parcel at the time such installment became <br /> payable. The personal obligation for delinquent payments of Easement Area <br /> Costs shall not pass to such Owner's successors in title unless expressly <br /> assumed by them. Such personal obligations may be enforced by an action at <br /> law and by judgment against the Owner in question. <br /> 8. Condemnation. In the event the whole or any part of, or any interest in, <br /> the Driveway Easement Area is or are taken for any public or quasi-public use under <br /> any governmental law, ordinance or regulation, or by right of eminent domain, or by <br /> private purchase in lieu thereof, the Owner(s) of the Parcel(s) in which the taking occurs <br /> shall be entitled to the entire award, compensation or other payment made by reason of <br /> the taking of the Driveway Easement Area or any part thereof, or any interest therein, <br /> within that Owner's Parcel, as may be determined in such proceeding. Nofinrithstanding <br /> 8 <br />