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i �� ,. � � � • ' provisior� governing the following: {i) voting rights; (ii) increases in an annual Assessmen of ' more th ' twenty-five percent over the prior year's annual Assessment; (iii)Assessment liens or priority f Assessment liens; (iv) reductions in reserves for maintenance, repair and replace ent of Com on Elements; (v) responsibility for maintenance and repairs; {vi) reallocation of interests in the Common Elements or Limited Cammon Etements, or rights to their use; ( ii) _ redefinitibn of any Unit boundaries; (viii) convertibility of Units into"Carnrnon Element� or ice versa; {i�) expansion or contraction of the Properiy or the addition, annexation ar withdrawa of property�o or fram the Property; (x) hazard or fidelity insurance requirements; (xi} impositio of . material estrictions on the leasing of Units; (xii) imposition of any rest�ietions on an Own r's right to s' 11 or transfer his or her Unit; (xiii) restoration or repair of the Property {after a haz rd damage r partial condemnation) in a manner other than that specified in the Govern ng Docume ts; (xiv) any action to terminate the legal status of the Condominium after substan ial destructi n or condemnation occurs; or (xv) any provisions that expressly benefit Eligi le Mort�ag�es,or insurers or guarantors of mortgages. , 1 .2 Consent to Certain Actions_ Subject to Declarant's rights under Section, e written c nsent of Eligible Mortgagees representing at least sixty-seven percent of the Units t at are subje t to first mortgages held by Eligibie Mortgagees {hased upon one vote per it financed} shall be required to (i) abandon or terminate the Condominium; (ii) change e a3locatio s of voting rights,Common Expense obligations or interests in the Common Eleme ts; (iii) parti ion or subdivide a Unit except as permitted by statute; (iv) abandon, partiti n, subdivid encumber, or sell any Common E(ements; or {v) use hazard insurance proceeds or other tha�the repair,replacement or reconstruction of the Property, except as otherwise provi ed by]aw. �, 1 3 Consent to Subdivision. No Unit may be partitioned or'subdivided without 'he prior writ en approvai of the Owner and Eligible Mortgagee thereof,and the Association, � 15.4 Na RiQht.of First Refusai. The right of an Owner to sell, transfer, or otherw se convey hi or her Unit shall not be sub}ect to any right of first refusal or similar restrictions. 15 5 Prioritv of Lien. Any Person who comes into�ossession of a Unit by foreclos �re of the fir t mortgage on a Unit, or by deed or assignment in lieu of foreclosure of the fi st martgage on a Unit, takes the Unit free of any claims for unpaid Assessments or any ot er charges o liens imposed against the Unit by the Association which have accrued against su h Unit prio to the acquisiFion of possession of the Unit by said Person; (i) except as pravided in , � Section b. and the Act and (ii) except that any unreimbursed Assessments or charges may s reallocate among all Units in accordance with their interests in the Common Elements. ' 15 6 Prioritv of Taxes and Other Char�es. All taxes, assessments and charges whi h may beco e liens prior to the first mortgage under state law shall relate only to the individ 1 Units and ot to the Property as a whole. ' i 15 7 Priority for Condemnation Awards. No provision of the Governing Docume ts shall give n Owner, or any other party, priority over any rights of the Eligible Mortgagee of t e Unit purs ant to its mortgage in the case of a distribution to such Owner of insurance proceeds r condemna ion awards for losses to or a taking of the Unit and/or the Common Elements. T e MPLS-Word9 28f_I1 35 �