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ARTICLE IX
<br /> ASSESSMENTS
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<br /> 1 Section 1. Creation of General Assessment. There are '
<br /> hereby created assessments for Common Expenses as may be from
<br /> 0 time to time specifically authorized by the Board of Directors.
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<br /> General Assessments shall be allocated equally (except as pro-
<br /> vided in Article I, Section 15, above) among all Residential
<br /> y Units within the Association and shall be for expenses deter- k."
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<br /> M mined by the Board to be for the benefit of the Association as
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<br /> a whole. Parcel Assessments shall be levied against Residen-
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<br /> of tial Units in particular portions of the Properties or in resi-
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<br /> dential associations for whose benefit Common Expenses are cn C
<br /> incurred which benefit less than the Association as a whole. C
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<br /> Each Owner, by acceptance of his or her deed, is deemed to
<br /> covenant and agree to pay these assessments. Al]. such assess-
<br /> ments, together with interest at the highest rate allowable
<br /> under the laws of California from time to time relating to
<br /> usury for residential real estate loans, costs, and reasonable
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<br /> attorney's fees, shall he a charge on the land and shall be a
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<br /> • continuing lien upon the Residential Unit against which each
<br /> I assessment is made. Each such assessment, together with in-
<br /> ' terest, costs, and reasonable attorney's fees, shall also be
<br /> the personal obligation of the person who was the Owner of such
<br /> li'd'" I ! Residential Unit at the time the assessment arose, and his or
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