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., • � Owners and ecured parties which suffer ioss. The Association,or any insurance trustee selected - by it, shall h ve exclusive authority to negotiate, settle; and co}lect upon any ctaims or losses � under any in rance policy maintained by the Association_ ; . 10.4 Required Policy Provisions. Ait policies of property insurance carried by the Association all provide, if practicable;that: - 10.4.1 Each Owner and secured party is an insured Person under the policy with respe t to liability arising out of the Owner's interest in the Common Elements ar mem ership in the Association. � 10.4.2 The insurer waives its right to subrogation under the policy against any I Own r or member of the Ownec's household and against the Association and rnembers of I the B�ard. 10.4.3 The coverage shall not be voided by or conditioned upon (i) any act or omis ion of an Owner, untess acting within the scope of authority on behalf of the Asso iation, or (ii) any failure of the Association to c�mply with any warranty or condi ion regarding any portion of the Property over which the Association has no contr L L0.4.4 If at the time of a loss under the policy there is other insurance in the name of an Owner covering the same property covered by the policy, the Associa#ion's policy is pri ary. � 10.5 Cancellation; Notice of Loss. All policies of property insurance and comprehensi e liability insurance maintained by the Association shall provide that the policies shall not be anceled or substantially modified, for any reason, without at least thirty days prior written notic to the Association, the insureds, and to all secured parties holding first mortgages on Units. 10.6 No Contribution. All policies of insurance maintained by the Association shall be ; the primary i surance where there is other insurance in the name of the 4wner covering the same , property, anc� may not be brought into contribution with any insurance purchased by Owners or � their mortga ees. � � ]0.7 Owner's Personal Insurance. Each Owner shall obtain and maintain additiona] personal ins rance coverage (commonly known as "gap coverage"or an "H06"policy) at his or her own exp nse covering fire and other casualty to the interior of the Unit,the Owner's personal property an personal liability, and covering insurance deductibles that may be levied by the Associakion gainst the Unit. Insurance policies maintained by Owners are without contribution as against th insurance purchased by the Association, except as to deductible amounts or other items not co ered under the Association's policies. Upon request by the Association, an Owner sha{1 immed ately provide to the Association a copy of the certificate(s) of insurance coverage evidencing t e insurance required by this Section 10.7. MPES-Word 9528 .t I �( i � I