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200511919 B. Liability insurance, including medical payments insurance, in an amount determined by the Executive Board but not less than $300,000 personal liability and $1,000 medical payment per person covering all occurrences commonly insured against for death, bodily injury and property damage arising out of or in connection with the use, ownership or maintenance of the common elements, including limited common elements. The Executive Board may determine that additional coverage may be necessary, and it shall be the responsibility of each unit owner to comply with said coverage. C. Unit owners shall not be prohibited from carrying other insurance for his or her own benefit. Insurance coverage on furnishings and appliances and other items of personal property belonging to an owner and any loss of use or other coverages available to unit owner shall be the sole and direct responsibility of the unit owners thereof, and the Executive Board and the Association shall have no responsibility thereto. D. Each unit owner shall, at all times and when requested, provide the Executive Board with a Certificate of Insurance providing that the insurance required by the unit owner pursuant to Section 2 herein is in full force and effect and providing that Oakwood Condominium Unit Owners Association, Inc., a Nebraska non-profit corporation, is an additional insured and that said insurer issuing the policy shall not cancel or refuse to renew it until sixty (60) days after notice of the proposed cancellation or non-renewal has been mailed to the Association at 724 West Koenig Street, Grand Island, Nebraska 68801 or at such other address as designated by the Executive Board. Further, said cancellation notice shall be sentto each unit owner and each mortgagee or beneficiary under a Deed of Trust to whom a Certificate of Insurance has been issued at their respective last known addresses. E. In the event that any unit owner fails or refuses to obtain or pay any insurance premium when due and said Association receives a notice of cancellation in reference to the coverage required by Section 2 herein, the premium shall be paid by the Executive Board of the Association with association funds and shall become a lien on the interest of the unit owner in his or her unit and the Directors may record such lien in the office of the Register of Deeds of Hall County, Nebraska, where upon said lien shall be privileged over and priorto all liens and encumbrances except assessments, assessment liens and charges for taxes past due and unpaid on a unit except prior duly recorded mortgage and lien instruments. Said amount shall immediately bear interest at the highest legal rate from the payment of said amount by the Association until paid by the unit owner. The Executive Board shall have the right and duty to attempt to recover such common charges together with interest thereon and the expenses of proceeding, including attorney's fees, in an action to recover the same brought against such unit owner or by foreclosure of the lien on such unit granted by Section 76-874 of the Nebraska Condominium Act. The Executive Board, acting on behalf of all unit owners, shall have power to purchase such unit at the foreclosure sale and to acquire, hold, lease, mortgage, vote the votes appurtenant to, conveyor otherwise deal with the same. A suit to recover a money judgment for unpaid premiums shall be maintainable without foreclosing or waiving the lien securing the same. IT IS HEREBY CERTIFIED that a special meeting was called for the purpose of amending these By-Laws whereby at least two thirds or more of the units of the Association voted in the affirmative and such Amendment has the approval of more than fifty percent (50%) in number of the first mortgagees of record in all of the units upon the date of said adoption of said Amendment. Said Amendment shall be recorded in the Office of the Register of Deeds of Hall County, Nebraska, on Unit One (1) through Unit Twenty (20), Oakwood Condominiums, City of Grand Island, Hall County, Nebraska. 2