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<br />r <br /> <br />83- 0025~~ <br /> <br /> <br />dist1:ibution of all funds, including insu1:snce p1:oceeds, should'theownenl chpose <br />sale nichei' than repair and reconst1:UC tion. In a1:dving at such figures to be <br />presented to the owners, the BOl11:d may employ such ellperts as dee!1led adVL$able. <br />~fter pres~ntatiotl of .a11 relevant financial information available to the Boardi <br />the l>Wl1ers shall be required to adopt either a plan of repair and reconstruction <br />tir ii'plan of sale. The affirmative vote of owners holding seventy,-fivel'ercent <br />{75.l'Jir} "\falue of the units in this Regime shall be necessary to approve a plan' <br />of rep.air and reconstruction . Hsuch percentage afinnativevote is not obhiried; <br />the ownerl1holding a majority in value may adopt a plan of sale bindi:ngupon' aft <br />cMl'en'. Anypclan so adopted must subsequently be approved in writing bycmorethllui <br />fifty percent (50::0 in number, of the first mortgagees of record as. of the dat:eof <br />adoption of the plan, <br /> <br /> <br />-14,;,- <br /> <br />