The deferment of payment of special assessments shall cease and all amounts accruing, plus accumulated interest, shall become due and payable upon the occurrence of any of the following events:
(A) The death of the owner; provided that, the spouse is unable to qualify under the provisions of this subchapter;
(B) The owner is no longer disabled pursuant to the definitions contained in § 35.37(B) of this chapter;
(C) The sale, transfer or subdivision of the property or any part thereof;
(D) If the property, for any reason, shall lose its homestead status; and
(E) If, for any reason, the Council shall determine that there would be no hardship to require immediate or partial payment.
(2002 Code, § 2.70) (Ord. 121, Second Series, effective 1-1-1978; Ord. 62, Third Series, effective 4-1-1982)