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I r �, . ., ' , provision governing the following: {i) voting rights; (ii) increases in an annua] Assessme t of ' more than twenty-five percent over the prior year's annual Assessment;(iii)Assessrnent lie s,or priority�of Assessment liens; (iv} reductions in reserves for maintenance, repair and replace ent of Common Elements; (v) responsibility for maintenance and repairs; (vi) reallocatio of interests in the Common Elements or Limited Cvmmon Elements, or rights to their use; (vii� redefini�ion of any Unit boundaries; (viii) canvertibility of Units into Camrnon Elements or vice versa; (ix) expansion or contraction of the Property or the addition, annexation or withdraw 1 of property to or from the ProperEy;(x) hazard ar fidelity insurance requirements; (xi) impositi n of material'restrictions on the leasing.of Units; (xii) imposition of any restrictions on an Ow er's right to �ell or transfer his or her Unit; (xiii) restoration or repair of the Property(after a ha ard damage i or partial condemnation) in a manner other than that specified in the Gove ing Documents; (xiv) any action to terminate the legal status of the Condominium after substa tial destructipn or condemnation occurs; or (xv) any provisions that expressly benefit Eli 'ble Mort�ag�es,or insurers or guarantors of mortgages. ' � 15.2 Consent to Certain Actions. Subject to Declarant's rights under Section,Ithe written censent of Eligible Mortgagees representing at leasT sixty-seven percent of the Units hat are subj�ct to first mortgages held by Eligible Mortgagees {based upon one vote per nit financed} shall be required to (i) abandon or terminate the Condominium; (ii} change the allocatior�s of voting rights,Common Expense obligations or interests in the Common Eleme ts; (iii) part�tion or subdivide a Unit except as permitted by statute; (iv) abandon, partiti n, subdivide, encumber, or sell any Common Elements; or {v) use hazard insurance proceeds for other than the repair,replacement or reconstruction of the Property,except as otherwise provi ed by law. ' 1 S.3 Consent to Subdivision. No Unit may be partitioned or'subdivided without he prior written approval of the Owner and Eligible Mortgagee thereof,and the Association. 15�.4 No Right of First Refusal. The right of an Owner to sell, transfer, or otherw se convey hi5 or her Unit shall not be subject to any right of first refusal or similar restrictions. 15,5 Priorit of Lien. Any Person who comes into possession of a Unit by foreclos re of the first mortgage on a Unit, ar by deed or assignrnent in lieu of foreclosure of the fi st mortgage on a Unit, takes the Unit free of any claims for unpaid Assessments or any ot er. charges or liens imposed against the Unit by the Association which have accrued against su h Unit prior''ta the acquisition of possession of the Unit by said Person; {i) except as provided 'n � Section 6.9 and the Act and (ii) except that any unreimbursed Assessments or charges may e reallocated among all Units in accordance with their interests in the Common Elements. ' I S.b Prioritv of Taxes and Other Charees. All taxes, assessments and charges whi h may become iiens prior to the first mortgage under state law shall relate only to the individu 1 Units and rhot to the Property as a whole. ! 15.�7 Priority for Condemnation Awards. No provision of the Governing Documen shall give n Owner, or any ather party, priority over any rights of the Eligible Mortgagee of t Unit pursu�nt to its mortgage in the case of a distribution to such Owner of insurance proceeds r condemnat on awards for losses to or a taking of the Unit and/or the Common Elements. Th MPLS-Word 952�i1.i 1 35