is made and shall also be the personal obligation of the
person who was the Owner of such
If an assessment is not paid within thirty (30) days after the due date, the assessment is deemed delinquent and shall bear interest at the rate of twelve percent (12%) per annum. Late payments shall first be credited toward interest due, then toward the assessment first due.
Section 7.04. Conditional Use of Club Property. The use of the Club Property by the Owner, his family, guests, tenants or lessees is subject to the following conditions:
Those persons having use privileges of the Club Property, by way of
B. Rules, Regulations, Articles, Bylaws and the Declaration. All persons and their guests having a privilege to use the facilities of the Club Property must abide by the rules and regulations promulgated by the administration of the Club Property or by the C.C.C.A., the C.C.C.A. Articles and Bylaws, and these Restrictions. Any person failing to abide by the foregoing may have their use privileges suspended by the administration of the Club Property or C.C.C.A. as the same may see fit. In the event of a suspension of privileges pursuant to this section, there shall be no suspension or termination of the Owner’s duty to pay those Membership Assessments provided for herein.
C. Security Deposit and Clean-Up Fee. The administration of the Club Property or the C.C.C.A. may charge a reasonable security deposit and clean-up fee for the use of any recreational facility situated upon Club Property.
D. Special Assessments. The administration of the Club Property or the C.C.C.A. may impose a special assessment of not more than Fifty Dollars ($50.00) upon an Owner for violation of the Rules by him or his family or any licensee, guest, tenant or invitee and/or to suspend the right of an Owner to use the Club Property for any period during which any assessment against his Lot remains unpaid, and, after notice and hearing by the Board, for a period not to exceed thirty (30) days for any infraction of