Agmt02 Maria La Rocca Estates - Laserfiche WebLink

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County Recorder. A lien created pursuant to this Article shall be prior to all other liens recorded subsequent to the recordation of the Notice of Delinquent Assessment. No ~ction snail be brought to for~c!ose t lien securing an unpaid assessment until the Notice of Delinqumnt Assessment has b~en delivered to the Owner of the Lot subject to such assessment and notice recorded in the Office of the Sa Mateo County Recorder. Said notice shall state the amount of the ~ssessment together with the interest, costs and reasonable at torneys' fees~ a legal description of the Lot against which the assessment has been made £ and the nam~ or n~unes of the record Owne~ or Owners against which the lien is imposed and, in order for th.~ lien to be enforced by nonjudicial ~oreclosure as provided elsewh mre in this Article, the name and address of the trustee authoriz,~d by the Association to enforce the'~lien by sale. The Notice cf Delinquent Assessment shall be si~ned by the person designate~ by the Association to enforce th~ lien by sale, or if no on~ is designated, by the president or,the Association, and mailed i~ the manner set forth in Civil Code S~ction 2924b, to all record owners of the Lot no later than 10 caleftdar days after recordation. After the expiration of thirty (30) days f::om the date such Notice of Delinquent Assessment has been reco~'ded, an action may be co~m~nced in the name of the Association t() foreclose the lien, or such action may be c~=i~nced by any Owner .f the Association fails or refuses to act. Upon the declaration f an assessment and the recording of notice thereof, the Associa ion may, at its option, declare the entire balance of all sums the~ due from the Owner due and payable, which total sum may then b~ included in any suit, action or proceeding brought to collect ~aid sum, including all costs, charges and attorneys' fees. Notwithstanding anything contained in t~is Declaration to the contrary, compliance must be made with Civil Code Sections 1366- 67, and no action may be brought to foreclose the lien created hereunder, whether judicially, by power of ;ale or otherwise, until the expiration of ten (10) days after a copy of said Notice of Delinquent Assessment, showing the date of ::ecordation thereof, has been mailed to the Owner of the Lot descri )ed in such Notice. Each Owner does hereby waive, to the exte~t of any liens created pursuant to the Declaration, whether s::ch liens are now in existence or are created at any time in the future, the benefit of any homestead or exemption laws of the State of California now in effect, or in effect in the future. 23