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,. • ' ' . Association shall give written notice to ali Eligible Mortgagees of any condemnation or eminent domain proceeding aftecting the Property promptly upon receipt of notice from the condemning authority. I S_8 Requirements for Mana�ement Agreements. The term oF any a�reement for professional management of the Property shall not exceed two years. Am, such agree:rient shall t,I'CV.de fa: �ei':;71ri2[IOS; WIt}10�t peRa;2j' vi te.��inatian iCe �'iy' 21i�1e[' p31"(y 35 iO�IOWS: tl) Wl�l cause, upon a minimum of thirty, and a maximum of for,f-f:ve, days prior written nctice, an�, (ii)without cause,uoon a minimum of sixty days prior written notice. 15.9 Access to Books and Reeords/Audit. Eligible Mor[gagees, or an institutiona] insurer or guarantor of a mortgage ioan against a linit, shall 'have the right to examine the books and records of the Association upon reasonable notice, during normal business hours, and to receive free of charge,upon written request, copies of the Association's annual reports and other I financial staternents. Financial statements, including those which are audited, shall be available within one hundred eighty days after the end of the Association's fiscal year. FiVMA, or any Eligible Mortgagee, institutional guarantor or insurer of a mortgage loan against a Unit, may I require that, ai its own expense, an audit of the Association's financial statements be made for the preceding year, in which case the Association sha11 cooperate in having an audit made and a . copy given to the requesting party. 1�.]Q Notice Requirements. Upon written request to the Association, identifying the ' name and address of the holder, insurer or"guarantor of a mortgage on a Unit, and the Unit number or address, the holder, insurer or�uarantor shall be entitled to timely wntten notice of: I5.10.1 a condemnation loss or any casualty loss which affects a material portion of the Property or the Unit securing the mortgage; 15.10.2 a sixty day delinquency in the payrnent of Assessments or charges owed by the Owner of a Unit on which it holds a rnortgage; I5.10_3 a ]apse, cancellation or material modification of any insurance policy maintained by the Association;and 15_]0_.4 a proposed action which requires the consent of a specified percentage of , Eligible Mortgagees. SECTION 16 SPECIAL DECLARANT RIGHTS Declarant hereby reserves exclusive and unconditional authority ta exercise the following special Declarant rights ��ithin the meaning of Section S I SB_1-]03(32) of the Act for as }ong as it owns a Unit,or for such shorter period as may be specifically indicated: 16.1 Compiete improvements. To complete each Building, Unit, and other improvements indicated on the Plat, or otherwise included in Declarant's developrnent plans or M P[S-W ord 9528 I.I I 3 b