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:
A. Guests.
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