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<br />Section 3. Examination of Hooks.
<br />Each suite or gara•;e owner and each mortgagee of a suite or
<br />garage shall be permitte:t to examine tl:e books of account of the
<br />Association at reasonable time, on business days, but not more than once
<br />ev€ry three (3) months without just cause.
<br />ARTICLE X. Z7ESTRUCTiON, DAMAGE OR O$SOLESCERT
<br />ASSOriATZON AS ATTORNEY-IN-FACT.
<br />Section 1. Association Attorney-Ir.-Fact.
<br />These lay-haws, as a part of the Mastee Deed, hereby made manda-
<br />tary and irrevocable the appointment of the Association as attorney-in-
<br />fact to deal with the property and any insurance proceeds upon the damage
<br />of the property, its destr!iction, obsolescence, zepair, construction,
<br />improvement and maintenance, all arccPrdinG to the p[ovisions of this
<br />Article X. Titlc* tc any condominium suite or garage is declared and
<br />expressly made ^a3i:ject to the germs and conditions heceaf, and acceptance
<br />by any r~rantee of a dP+>ci csr oths5r instrument of conveyance from the
<br />Develop~wr ar from any rPwnr»r crf +;)rantor shall constitute and appoint the
<br />Ass~nciat:ion t~is trd,3a arad lawful attorney .in hi.s name, plar_e and ,atead
<br />fr.3r the purpose of r3F=a1.ir't{a. witt+ the prns:zarty uprzn its damage or destruc-
<br />t,icPn or otrsol,escrnear ar, is hereinafter prcavided. As attorney-in-fact,
<br />the Association, tsy it.:, frresidF;>nt. and 5ecr.etary or Assistant Secretary
<br />oe i.ts other duly ,:tuthrarized e>fC,"leers csr ac,;cots, rshall have f'uIl and
<br />complete aur_heri.:ati=gin, ripht_ and pawt'r to make, execute and deliver any
<br />contra<-t, dared «r any other instrument with respect to the interest of a
<br />suite or gara,r~ owner which are necessary and appropriate to exercise the
<br />powez.> !;ranted in thi:- Article. Repair and reconstruction of the improve-
<br />ments„ as used in thv -,.:ccneding Sections of this Article means restoring
<br />the improvements tc7 ~;,;>stantially the same condition in which they existed
<br />pric,r tc, the dim,~;r~, ;~rrt; ~,,ioh uitr. nr ~;ar.~ne _rnd the ~vnQral and limited
<br />coma?ron e~le~mr;~'nt.~ having ~~~.rt>~:tnr,t~<<zllY the salrr,+ •~rE•rt,irai ar3d hori.•r,c,>ntal.
<br />hounri<=ar i..1, d:a:a ,,,-a €>re•,
<br />S^ct _ r„a,= ,,: , _ i~,ir 3nci .F nnstruction rlanciator'y.
<br />lwa t?:€'evF~r.. -f ti, ,:,+.!y dyrna,~r e>r ~ir',struct'icTn of the garage
<br />b€iil,sn~,~~ '_. r- ..1 i'_" .. =.-. yr;n ..r,Pr,:~uc. firF ~S"' iath~s` diS~Ster,
<br />;alt ~ir~ ~_r~rt~ _°~ ~ --.,,err ".,.. .. -._1..., ._,.. .. '; , ~ _
<br />yhti? ;3~3a r,. Ac~rrcin3>t rat~t~
<br />to bo less than sixty-;ix sand two-thirds pr•rcc~nt S66 zjx3e) of the total
<br />replacement cost, nor tn;~lu:)ing land, of the building containinct the
<br />r_ondominium suitc•~; ir; this Regime, such damage or destruction
<br />shall be prnmpk ty repaired anal rF~constructed by the As;:",o„~iatian as
<br />attrrney-in-fact, anti ths• nr;rc,ciatinn hail have F!;11 a.rthority to deal
<br />with insurance rtr=,c~ecdt"• in such r=~rrair and rnconstr°uCtion.
<br />In tF;€~ €~vr~tlt tl,:},_ in.uranc•:= proce~ds~ arr• insufficient to repair
<br />and rer~onstruct tht• impr€iv€•rnertts, the As:;ociatrton shall Levy a special
<br />.~~sessr,;ent to prr-•vic'r• an r,rnc~a.rnt _;uffi<ir'nt to e:e>nduct ..said repair .and
<br />reconstruction oleo<t with ind~eurnnr.~,= prncee~cls. !;uch assessment shall be
<br />levied anc9 coltc:cr=d .CCt~e€'in€; to t;ectaon r-,i ~tirt.iclc? ~J, and th?
<br />Association sea]1 oleo t~~avx t„i!e rtghr~ n€7*_r=d ;r; Section 11 of Article X.
<br />Sectiein .3, t)arna•3_e ?7r- ;7c~st:ruc°t ion - '?F!pc~ir and Reconstruction Optional.
<br />_:~ -.,-. ~.- .".._ .. ,._.. .,.a~i~ z.E r.~E. ririri~.Fi ,l [ie td Efr# or €?t it+?r
<br />€~#;ia~t?-~I> whacP [7 ~f.`:l`a ~` c,r ris ;r'.t,l~'t Stin t<, r{.3Ye~Lln ~i nc?ri h;.r fr-~n Rnar{l i;f
<br />Admrni~°tratnrs try iz€^ -;.yct•,•-st:~; and twc>-thirds: 1>€=scent (fib 2/3'k) c,r more
<br />cP# ti`!~, total r,3czi~tr~mr=<t <~s~st c~E all t.h«~ c°f~n€.or°inium suites or Gara€7es in
<br />ttis R.~~2r+1e, nr~t in~i!rcitnv land, tits= t,r~ard shall rorthwith, within thirty
<br />(3Q) days s~f ty7c, <rc:::.sr:rnc-~ „( Maid clam~rgc~ or destruction, call a pr--vial
<br />tifl:35r3#rI°t, mE!etin~i Fr?r tl, r' ta,,7rY" [~( nr ~SeRt1~1 tp t_h_!s Dui tt n_r ~raraam
<br />~€ners thr ti±.r•rn,ativr <,fi resr.rir an+t reconstruction nr :>ale,`pur.^u:znt to
<br />~t`ctior3~ ~ or 5 0€ Ar=airl«' '~. At sacs; mf~rin:l, the Eroard shall iaresent
<br />ssti;L?a~°.f:5 of r,=,~air ~enri r€+r-ncy~trtiCtit7n ,°€,.^-*__, rh:_ amolant of ins;:.rranrP
<br />pr'e~e~i~,fs a+tailablc~, a_h€, {rro)n'trr3 r?c •asrty fcrr, anr? am€aunk if any, i~f
<br />.`-~rPCe Y~s4 ~"!'~ ~ ±: n1c, r, t,;, ;,:_@ .... !'. za Ce?;l f:'Y an" rlcf ir• t?, ~
<br />' r A ^•rcy in tn.L3ran fl
<br />Y?r.-Yt_2`-.$3_ rt1.- .sr ).r-r ..,3 ..,? , ... s;f :.};~, ,E,r-r tX iii , , uni jf.~L: tf>+:~
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