On the issue of CC&R Changes:
Any Assessment, including Special Assessment and Annual Assessment, or any installment of an Assessment, not paid within thirty (30) days after the Assessment, or the installment of the Assessment, first becomes due shall bear interest from the due date at the annual rate of 18%. In addition, a late fee of $25.00 shall be charged to any Owner who has not paid any Assessment, or any installment of an Assessment, within thirty (30) days after such payment was due.  Unless otherwise specifically designated in writing by an Owner, late payments received shall be applied chronologically to Owner’s account beginning with the oldest delinquency. 

Change the CC&R’s to the above Language

Keep them the way they are

Additional information: Currently if you don’t pay your HOA fee’s the total annual fee’s would be $2340 + $900 total of 3240.
Under the new above terms, an assessment not paid for 12 months would be $1,362.00 ($900 assessment + $162 interest + 300 late charges).

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