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<br />. {2~ by a ca-Owner to any person who was a co-owner of the sane
<br />Unit immediately prior to such transfer; .
<br />~3) , by reason of the. death of an Owner to the owner's estate, a trZist
<br />created by the Owner, ~, ~urvivYng spouse, or the Owner}s heirs;
<br />~4) by an Owner to an entity wholly owned or controlled 'by the
<br />. Owner; or to a revocable or family gust created by ~c Ownex for
<br />the benei°it of the Owner, his ar her spouse, andlor heirs;
<br />(~S~ to a Mortgagee in connection with the foreclosure of a 1vlartgage or
<br />a deed xn lieu of foreclosure; qr
<br />~G} under other circumstances that the Board unanimously designates,
<br />in writ~.g, as an exempt transfer, .
<br />~.~, ~iabiii of Owners for Assessments, 7f an Assessment has been levied, the
<br />obligation of an owner to pay Assessments shall commence at the time at~ which the Owner
<br />acquires title to the Owner's Unit. The Owner a.t the tune an Assessment is payable with respect
<br />to the Unit shall be personally liable fog the share of the common expenses assessed against
<br />such Unit, Such liability shall be joint and several where there are ~~~ti.ple Owners of the Unit,
<br />Subject to Section. 6.7, the liability is absolute and uncar~ditional and no Owner is exempt from
<br />liability for payment of Assessments by right of setoff, by waiver of use or enj ayment of any
<br />part of the Property, by absence franc or abandan~nent of the Unit, by the waiver of any other
<br />rights, or by mason of any china against the Association ar its officers, directors or agents, or for
<br />their failure to fulfill any duties under ~e Governing bocurnents or MC~OA,
<br />~,7: A.ssessme~zt lien, The Association has a lien on a Unit far any .Assessment levied ;
<br />against that Unit franc the ti~.e the Assessment becomes due, if an Assessment is payable. in ~ .
<br />installments, the dull amount of the Assessment is a lien from the time the first installrrient
<br />thereof becomes due, Fees, charges, late cha~'ges, sines and interest charges imposed by the
<br />Association pursuant to Section S~SB,3-1~2~a~~1~), ~~ ~) and X12} of.M~XOA are liens, and are
<br />enforceable as Assessments, under this Section 6, Retarding of this I~ecl~ration constitutes
<br />record. notice and perfection of anylien under this Section 6, and no fi~rther retarding of any
<br />native of or claim for the Tien is 'required. The release of the lien shall oat release the Owner
<br />from personal liability unless arced to in writing by the Association.
<br />6,5. ~`oreclosure of ~icn~ Re~edies~ .A. lien for Assessments may be foreclosed
<br />against a Unit under the laws of the state ofll~innesata ~i) by action, or iii) by advertisement in a
<br />like n~antae~ as .a naartgage containing a power of sale. The Association, or its ar~thari~ed
<br />representative, shall have the power to bid in at the foreclosure sale and ta~ acquire, hold, lease,
<br />~riortgage and convey any Unit so acquired, The Ov~ner and any other Person claiming an
<br />interest in the Unit, by the acceptance ar assertion of any interest in the Unit, grants to the
<br />Association a power of sale and full authority to accomplish the fare~closuxe. The Association
<br />shall, in addition ~o its other remedies, have the right to pursue any other rernedy at law or in
<br />equity against the Owner who fails to pay any Assessment ar charge against the Unit,
<br />M~'LS~Word 2QZ 18~~3 ~ ~
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