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Association, on behalf of each of its Members and for the benefit of the City, shall use commercially <br />reasonable efforts to ensure that such Members comply with the LEIA and shall provide a copy of the <br />LH,IA to each Member in connection with its acquisition of a portion of the Property. Without limiting the <br />foregoing, this Master Declaration and the LEIA, and all of such documents' respective terrns a 1d <br />conditions, shall be deemed covenants running with the land that shall be binding on and inure to the benefit <br />of each owner of any portion of the Property and any of their respective heirs, successors, and assigns. <br />6. ASSESSMENTS <br />6.1 Creation of Lien and Personal Obligation for Assessments. Declarant, for each Lot owned <br />by it within the Property, does hereby covenant, and each Owner of any Lot or Unit by acceptance of a <br />conveyance thereof, whether or not so expressed in any such conveyance, shall be deemed to covenant, to <br />pay to the Master Association all assessments and other charges as may be fixed, established, and collected <br />from time to time in the manner provided in this Master Declaration or the Bylaws. The assessments and <br />charges, together with any interest, expenses, or attorneys' fees imposed pursuant to Section 11.4, shall be <br />a charge on the land and shall be a continuing lien on the Lot against which the assessment or charge is <br />made. The assessments, charges, and other costs shall also be the personal obligation of the person or entity <br />that was the Owner of the Lot when the assessment or charge fell due. Such hens and personal obligations <br />shall be enforced in the manner set forth in Section 11. Upon the creation of a condominium or comparable <br />project on one or more Lots by the recordation of a subdivision or condominiumplat therefor, each Unit <br />ithin that project shall be subject to the lien described in this Section 6.1, provided that the owner of any <br />Un t may obtain the discharge of the lien for any assessment or other charge payable by the applicable Sub - <br />Association to the Master Association upon payment to the Master Association of an amount equal to (a) <br />the total amount of such assessment or other charge multiplied by (b) the percentage of such assessment or <br />other charge allocated by the applicable Sub -Association to that Unit. <br />6.2. General Assessments. <br />6.2.1. Commencement. General Assessments against all Lots shall commence at the <br />discretion of the Declarant, or if General Assessments have not been commenced at such tune as the <br />Association has been transitioned to the Association, then as determined by the Board, and may include a <br />staged phase -in with regard to different Lots. No Lot shall be subject to General Assessments until the <br />Declarant, or if after the Conversion Date, the Board, shall deteunine that said Lot has been substantially <br />developed. <br />6 2 2 Amount of Annual General Assessment. The total annual General Assessment <br />against all Lots shall be based upon an annual budget prepared by the Board with respect to the projected <br />expenses for the common benefit of the Property and the Members, as determined by the Board mits sole <br />discretion I-t,xpenses that may be subject to (General Assessments include, without limitation, costs and <br />charges incurred in connection with: <br />(i) Maintenance, repair, restoration. replacement, and improvement activities <br />pursuant to Section 4.1; <br />(ii) Acquisition, installation, and maintenance of seasonal decorations, <br />ornamentation and lighting for the Property; <br />(iii) Liaison and communication with the City of Everett, Snohomish County, <br />and other governmental agencies with respect to issues of common concern to the Members; <br />11 <br />4864-8276-8240, v. 14 <br />