Non-Payment of Assessments. Any assessments or any other amount due the Association by an owner which are not paid when due shall be deemed delinquent. If not paid within thirty
Non-Payment of Assessments. During the term of the Lease, should Landlord be more than thirty (30) days past due in the payment of any assessments, special assessments or any other monetary obligation due and owing the Association (hereinafter collectively referred to at the “Assessment”), the Association shall have the right to collect the Assessment directly from the Tenant, without the necessity of first obtaining a court order. Tenant in turn, may deduct the amount remitted to the Association from the rental payment owed to the Landlord and such reduced rental payment shall not be deemed a default of the Lease.
Non-Payment of Assessments. Any assessments or other charges or payments which an Owner is required to make or is liable for hereunder which are not paid when due shall be deemed delinquent. If an assessment or other charge or payment is not paid within thirty (30) days after the due date, it shall bear interest from the due date at the contract rate permitted in Illinois, but not to exceed eighteen percent (18%) per annum, and the Board (i) may bring an action against the Owner personally obligated to pay the same, together with interest, costs and reasonable attorneys' fees of any such action, which shall be added to the amount of such assessment or other charge or payment and shall be included in any judgment rendered in such action and (ii) may enforce and foreclose any lien which it has or which may exist for its benefit. In addition, the Board may in its discretion charge reasonable late fees for the late payment of assessments or other charges. No Owner may waive or otherwise escape liability for the assess- ments or other charges or payment provided for herein by nonuse, abandonment or transfer of his Dwelling Unit.
Non-Payment of Assessments. Any Assessment or Special Assessment not paid within thirty (30) days after the due date shall bear interest from the due date at the lesser of (i) the rate of twelve percent (18%) per annum, or (ii) the maximum rate per annum allowed by law. The Association and the Directors shall have the authority to exercise and enforce any and all rights and remedies as provided in this Declaration or as otherwise available at law or in equity, including, but not limited to, all lien rights and all rights and remedies set forth in Section 9-102 of the Illinois Code of Civil Procedures, 735 ILCS 5/9-102. In addition to the foregoing, the Association and the Directors shall have the right to suspend any Owner's voting rights and the right of such Owner, such Owner’s family, guests and invitees to use the recreational facilities in the Common Ground for any period during which any assessment against such Owner's Lot remains unpaid. No Owner may waive or otherwise escape liability for the Assessments and Special Assessments established herein by non-use or abandonment of such Owner's Lot or the Common Ground.
Non-Payment of Assessments. The Association shall have any and all rights and remedies afforded the Operator under Section 12 of the Original REA for imposition of liens and enforcement and collection thereof.
