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.. • . � • � Associ �on shall , , �� give written notice to all Eligible Mortgagees of any condemnation or em nent : domain proceeding affecting the Property promptly upon receipt of notice from the condem�ing authorit�, 15_8 � Repuirements for Mana�ement A�reements. The term of any agreemen for � professi�pnal management of the Property shall not exceed two years. Any such agreernent hall provide I for termination withaut penalty cr terminat;on fee hy either parry as follows: (i) ith cause, �qpon a minimum of thirty, and a maximum of forty-five, days prior written notice, nd, , (ii)withbut cause,upon a minimum of sixty days prior written notic�. . 35.9 Access to Books and Records/Audit. Eligible Mortgagees, or an instiriati na] insurer br guarantor of a mortgage loan against a Unit, shall have the right to examine the b oks and records of the Association upon reasonable notice, during norma) business hours, an to receive free of charge, upon written request, copies of ihe Association's annual reports and ther I financial statements. Financial statements, including those which are audited, shall be avail ble within ane hundred eighty days after the end of the.Association's fiscal year. FNMA, or any . Eligible Mortgagee, institutiona� gaarantor or insurer of a mortgage loan against a Unit, ay require �hat, at its own expense, an audit of the Association's financial statements be mad for the preceding year, in which case the Association shall cooperate in having an audit made a d a . copy giUen to the requesting party. � 15.10 Notice ReQuirements. Upon written request to the Association, identifying the name ar�d address of the holder, insurer or'guarantor of a mortgage on a Unit, and the nit number or address,the holder,insurer or�uarantor shail be entitled to timely writien notice o : I5.10.1 a condemnation loss or any casaalty]oss which affects a material po �ion of the Property or the Unit securing the mortgage; � t5.10.2 a sixty day delinquency in the payrnent of Assessments or charges o ed by the Owner ofa Unit on which it holds a mortgage; � 15.10.3 a lapse, cancellation or material modification of any insurance pol icy maintained by the Association;and 15.10_.4 a proposed action which requires the consent of a specified percentag of , Eligible Mortgagees. _ SECT[ON lb , SPECIAL DECLARANT RIGHTS , � Declarant hereby reserves exclusive and Unconditiona) authority to exercise the follo ing special Declarant rights within the meaning of Section S 15B_1-]03(32) of the Act for as lon as it owns a�Unit,or for such shorter period as may be specifically indicated: I 6.] Cornnlete imnrovements. To complete each Building, Unit, and o er improvements indicated on the Plat, or otherwise included in Declarant's development plan or MPLS-Word 95281.11 3b