If provided by the declaration or bylaws, the association may, in addition to such interest, charge an administrative late fee of up to the greater of ­­­­___________ of each delinquent installment for which the payment is late.

If provided by the declaration or bylaws, the association may, in addition to such interest, charge an administrative late fee of up to the greater of ­­­­___________ of each delinquent installment for which the payment is late.