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84 - 005507 such express assumption shall be without prejudice to the grantee's right to recover from the grantor the amounts Daid by the grantee therefor. Upon payment of a reasonable fee to be set out in the Rules and Regulations and upon written request, any prospective grantee shall be entitled to a statement from the Association setting forth the amount of the unpaid assessments; if any, with respect to the subject Condominium Unit, the amount of the current` monthly assessment and the date that such assessment becomes due, and any credits for advanced payments or for prepaid items, including; but not pies to, insurance premiums, which statement shall be conclusive upon the- Associ-_ ation. Unless such request for a statement of indebtedness shall be complied. with within fifteen (15) days of such request, then a grantee shall not '.be' liable for, nor shall the Condominium Unit conveyed be subject to, .a -Hen for any unpaid assessments against .the subject Condominium Unit which become due -prior to the - date of making suen request — — - - - - (C) Where the Mortgagee of a mortgage of record, or the purchaser or purchasers of a Unit, obtains title to the Unit as a result of foreclosure of e. mortgage, or by voluntary conveyance in lieu of such foreclosure, said Mort- gagee shall not be liable for the shares of common expenses or assessment by the Association pertaining to such Unit, or chargeable to the former Owner a such Unit, which became due prior to acquisition of title by said Mortgagee, or purchaser as a result of foreclosure or voluntary conveyance in lieu of said_ foreclosure. Such unpaid share of cociU..- � expenses or assessments shall be deemed to be common expenses coileej" . - from all car the Unit Owners; includ ing the Mortgagee or its successob or assigns. The waiver of liability granted herein for the payment of past due assessments shall not apply to any Owner who holds a purchase money mortgage or land contract. 27. Declarant Control. Declarant shall control the Association and may appoint and remove the officers and members of the Board (period of Declarant control) until the earlier of: (A) Sixty (60) days after conveyance of Ninety percent (90 %) of the Units in the Condominium Project which may be created to Unit Owners other than a Declarant; or (B) Two (2) years after Declarant has ceased to offer Units for sale in the ordinary course of business. Not later than sixty (60) days after conveyance of twenty -five percent (25 %) of the Units which may be created to Unit Owners other than a Declarant, at least one member and not less than twenty -five percent (25 %) of the members of the Board shall be elected exclusively by Unit Owners other than the Declarant. Not later than Sixty (60) uaiya after convey`aFxce of iucy percent (50 %) of the Units which may be created to Unit Owners other than a Declarant, not less than one third of the members of the Board shall be elected exclusively by Unit Owners other than the Declarant. Not later than the termination of the period of Declarant control, the Unit Owners shall elect a Board of at least three members, at least a -22- I N;