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a� " _ _ � . . � Section 11. Sale of Unit - Default in Special Assessment Under:�Article X. • . The assessment provided' for herein shall be a debt of each owner and a . lien on his condominium unit and may be enforced and collected as is ,provided in Section 5 of Article V. Iri addition thereto, the Associatibn, as attorney-in-fact, s'hall have the absolute right and power to sell the condominium unit of any owner refusing or failing to pay such deficiency assessment within the time provided, and if not so paid, the Association shall cause .to be recorded a notiee that the ' condominium unit of the delinquent owner sha11 be sold by the Association, as attorney-in-.fact, pursuant to the provisions of this Section. The delinquent owner shall be required to pay to the Association the costs and expenses for filing the notices, interest at the highest legal rate on the amount of the assessment and ali reasonable attorney's fees. The proceeds derived from:the sale of such condominium ,unit shall be used and disbursed by the Association, as attorney-in- fact, in the order set forth in Section 12 of Article X. Any deficiency of funds to pay the unpaid assessments shall remain the personal obligation of the delinquent unit owner. � Section 12. Application of Proceeds. Proceeds received as,set forth in the preceding Sections and as applicable to each unit, shall be used and disbursed by the Association as attorney- in-fact, in the following order: (a) For payment of taxes and special assessments liens in favor of any assessing entity and the customary expense of sale; . (b) For payment of the balance of the lien of any first mortgage; (c) For payment of unpaid assessments and :all costs, expenses and fees incurred by the Association; (d) For payment of junior liens and encumbrances in the order of and to the extent of their priority; and ' (e) 'I'he balance remaining, if any, shall be paid to the condominium unit owner. Section 13. No Abatement of Assessments. Assessments for common expenses shall not be abated during the period of insurance adjustment and repair and reconstruction, remodeling or reconstruction, nor prior to sale of any unit for delinquent unpaid assessments. Section 14. Approvals. _ As used in this Artiele, the percentage voting rec{uirements of unit owners shall be based upon the percentage values set forth in Paragraph VI of the Master Deed. Those percentages shall refer to total perce.ntages and not merely to percentages of owners in attendance, in person or by' proxy, at meetings where votes are conducted. ARTICLE XI. TERMINATION OR AN�NDMENT. � � Section 1. Termination. � Except as otherwise provided, owners holding eighty percent (80%) or more of the basic value of the Condominium Regime, using the percentages set forth , in Paragraph 6 of the Master Deed, shall have the .right to terminate this Condominium Regime, subject to the conditions of Section 76-812 of the Condominium Act. Section 2. Amendment by Owners. There shall be no amendment to these By-Laws unless owners hold�.ng seventy-five percent (75%) or more of the basic ualue of the Condominium Regime, using percentages set forth i� Paragraph VI of the Master Deed, shall have voted therefor in the affirr�atives at a special or.annual meeting; provided, however, that percentage voting requirements contained in these By-Laws shall not be amended by a lesser percentage vote than that sought to be .amended, and provided further that such amendment shall have the :approval of more than'fifty percent (50%) , in number, of the first mortgagees of record upon the date of adopti_on of said amendment. 15 , �63