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~ - __ ;;~ ~~ a--~ t)G058F a mortgage covering such suite whose name and address has theretofore been furnished to the Board of Administrators. Section 3. " Cxamination of Dooks. 1ach suite owner and each mortgagee of a suite shall be permitted to examine the books of account of the Association at reasonable time, on business days, but not more than once every three t3) months without just cause. ARTICLE X. DESTRUCTION, DAMAGE OR OBSOLESCENT ASSOCIATION AS ATTORNEY-IN-FACT. Section 1. Association Attorney-in-Fact. These By-Laws, as a part of the Master Deed, hereby made mandatory and irrevocable the appointment of the As- sociation as attorney-in-fact to deal with the property and any insurance proceeds upon the damage of the property, its destruction, obsolescence, repair, construction, improvement and maintenance, all according to the provisions of this Article x. Title to any condominium suite is declared and expressly made subject to the terms and conditions hereof, and acceptance by any ~lrantee of a deed or other instrument of conveyance from the Developer or from any owner as grantor shall constitute and appoint the Association his true and lawful attorney in his name, place and stead for the purpose of dcalin~l with the property upon its damage or destruction or z~bsolesccnce as is hereinalCcr provided. As attorney-in- fact, the association, by its President and Secretary or Assistant Secretary or its other duly authorized officers or agents, shall have full and complete authorization, right and power to make, execute and deliver any contract, deed of any other instrument with respect to the interest of a suite owner which is necessary and appropriate to exercise the powers ~~rante<1 in this Article. Repaiz and reconstruction of the improvements, as used in the succeeding Sections of this Article means restoring the improvements to substanti- ally the same condition in which they existed prior to the damage, with each suite and the general and limited common elements having substantially the same vertical and horizontal boundaries as before. Section 2. Damage and Destruction -- Repair and Reconstruction Mandatory. In the event of any damage or destruction due to fire or other disaster, which damage or destruction is determined by the Board of Administrators to be less than sixty-six and two-thirds percent t66 2/3fl) of the total replacement cost, net including land, of the building containing the condominium suites in any Regime, such damage or destruction shall be promptly repaired and reconstructed by the Association as attorney-in-tact, and the Association shall have full authority to deal with insurance proceeds in such repair and recon- struction. In the event that insurance proceeds are insufficient to repair and reconstruct tite improvements, the Association shall levy a special assessment to provide an amount suf- ficient to conduct said repair and reconstruction along with insurance proceeds. Such assessment shall tie levied and collected according to Section 5 of Article V. Section 3. Damage or Destruction -- Repair and Reconstruction t]~t ional~ In the evenk of damage or destruction due to fire or other disaster, which damage or destruction is determined by u;€, ..