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202505976 <br />In the event that a plan of sale is adopted by the owners and subsequently <br />approved by the first mortgagees, as above set forth, then the Board of Administrators <br />shall forthwith record a notice setting forth such fact or facts, and upon the recording of <br />such notice with the Register of Deeds of Hall County, Nebraska, by the Association's <br />President and Secretary or Assistant Secretary, the entire premises shall be offered for <br />sale and sold by the Association pursuant to the provisions of this Article, as attorney -in - <br />fact for all of the owners, free and clear of the provisions contained in each Master Deed, <br />Articles of Incorporation and these Bylaws. The funds and reserves established and held <br />by the Association and the proceeds from the sale of the entire Windsor Square <br />Condominium shall be divided by the Association according to each owner's interest in <br />the general common elements, and such divided proceeds shall be paid into separate <br />accounts, each account representing one of the condominium suites or garages. Each <br />such account shall be in the name of the Association, and shall be further identified by <br />the condominium suite or garage designation and the name of the owner. The total funds <br />of each account shall be used and disbursed, without contribution from one account to <br />another, by the Association, as attorney -in -fact, as set forth in Section 12 of Article X. <br />Section 9. Condemnation. <br />In the event of a taking by condemnation or eminent domain of all or part of the <br />common area, the award made shall be paid to the Board of Administrators. If owners <br />holding eighty percent (80%) or more of the suites of the Windsor Square Condominium <br />do not, within sixty (60) days from the date of the award, approve the use of the proceeds <br />from the award for use in repairing, expanding or restoring the common area, the Board <br />of Administrators shall forthwith disburse the net proceeds of the award for the same <br />purpose and in the same order as is provided in Section 12 of Article X. <br />Section 10. Power of Sale. <br />In the event of sale of the entire Windsor Square Condominium pursuant to <br />Section 5 or Section 8 of Article X, or upon adoption of such a plan upon termination of <br />Windsor Square Condominium pursuant to Section 1 of Article XI, or otherwise, the <br />Association shall have all the powers set forth in Article X in dealing with a purchaser or <br />purchasers as attorney -in -fact. <br />Section 11. Sale of Suite or Garage - Default in Special Assessment under Article X. <br />The assessment provided for herein shall be a debt of each owner and a lien on <br />his/her condominium suite or garage and may be enforced and collected as is provided in <br />Section 5 of Article V. In addition thereto, the Association, as attorney -in -fact, shall have <br />the absolute right and power to sell the condominium suite or garage of any owner <br />refusing or failing to pay such deficiency assessment within the time provided, and if not <br />so paid, the Association shall cause to be recorded a notice that the condominium suite or <br />garage of the delinquent owner shall be sold by the Association, as attorney -in -fact, <br />pursuant to the provisions of this Section. The delinquent owner shall be required to pay <br />20 <br />