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' any Owner , or any other party, priority over any rights of the
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<br /> first mortgagee of a Residential Unit pursuant to its mortgage
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<br /> in the case of a distribution to such Owner of insurance pro-
<br /> coeds or condemnation awards for losses to or a taking of
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<br /> (..) Common Area.
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<br /> M Section 4. Notice of Default. Notwithstanding any-
<br /> thing contained herein which might otherwise be construed to
<br /> 1 the contrary, a first mortgagee, upon request, will be entitled
<br /> w to written notification from the Association of any default in
<br /> rad the performance by any Owner of a Residential Unit, in which
<br /> o' such mortgagee has an interest, of any obligation under this .,,o,
<br /> il Declaration, the By-Laws, or the Articles of Incorporation (...r,
<br /> o which is not cured within sixty (60) days.
<br /> Section 5. Management Agreement Limitations. Not-
<br /> withstanding anything contained herein which might otherwise be
<br /> construed to the contrary, any agreement for professional man-
<br /> agement of the development, or any other agreement providing
<br /> for services by the Declarant, may not exceed one (1) year and
<br /> must provide for termination by either party without cause and
<br /> without payment of a termination fee on thirty (30) days or
<br /> fewer written notice.
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