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ARTICLE XII -ASSESSMENTS

Each member is obligated to pay to the Association annual and special

assessments which are secured by a continuing lien upon the property

against which the assessment is made upon compliance by the

Association with the applicable law related to the establishment and

enforcement of such liens. Any assessments which are not paid when due

shall be delinquent. If the assessment is not paid within thirty (30)

days after the due date, the assessment shall bear interest from the

date of delinquency at the rate of ten percent (10%) per annum, and

the Association may bring an action at law against the owner

personally obligated to pay the same or foreclose the lien against the

property, and interest, costs, and reasonable attorney's fees of any

such action shall be added to the amount of such assessment. No owner

may waive or otherwise escape liability for the assessments provided

for herein by non-use of the facilities or abandonment of his or her

Lot.

ARTICLE XIII -CORPORATE SEAL

The Association shall have a seal in circular form having within its

circumference the words: HOLLYWOOD SHORES CIVIC ASSOCIATION,

INCORPORATED -Corporate Seal - Maryland 1956.

ARTICLE XIV -MISCELLANEOUS

Sec. 1. INDEMNIFICATION OF OFFICERS AND DIRECTORS. Each officer

and director of the Association, in consideration of his or her

services as such, shall be indemnified by the Association to the

extent permitted by law against expenses and liabilities reasonably

incurred by him or her in connection with the defense of any action,

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