The Lake Helmerich Village Homeowners Association shall assess and collect from the owner of each lot an amount not exceeding $350 per year for each lot and homeowners an amount not exceeding $1000 per year plus $350 for each additional lot owned. These fees are assessed for the maintenance (without limitations to) facilities, roads, lakes, dams, boat docks, parks, security, fire protection and any other equipment and services maintained for the health, welfare and enjoyment of the property owners and their guests within the confines of LAKE HELMERICH VILLAGE.
Such assessments shall be made upon lot owners and purchasers of record on January 1st each year and shall be a lien on the lot until fully paid. In the event an owner fails to pay such assessment by April 1st of each year, the ASSOCIATION may enforce the lien by foreclosure and may deny the owner and occupants of said lot the right and privilege to use the facilities for which the maintenance and service assessment is made. The lien of this assessment shall be absolutely subordinate to the lien of any first mortgage now or hereafter placed upon the lot subject to assessment.
Melody Faulk
Broker address: RE/MAX
Local 2512 Newton St Jasper, IN 47546
Cell phone: (812) 380-1133
Broker phone: (812) 817-0970
or call LHV Office (812)-536-9272