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7.1.L. - Page 53 <br /> 6.2 Annual Regular Assessment 25 <br /> 6.3 Reserves, Reserve Accounts and Reserves Study 26 <br /> 6.4 Special Assessments 27 <br /> 6.5 Reimbursement Assessments 27 <br /> 6.6 Assessment Increase Restrictions 28 <br /> 6.7 Commencement of Regular Assessments 28 <br /> 6.8 Due Dates of Assessments 28 <br /> 6.9 Allocations of Regular and Special Assessments 29 <br /> 6.10 Enforcement of Delinquent Assessments 29 <br /> 6.11 Estoppel Certificate 32 <br /> 6.12 Assignment of Rents 32 <br /> 6.13 Restrictions on Association Funds 32 <br /> ARTICLE 7 Architectural Review 32 <br /> 7.1 Architectural Committee 32 <br /> 7.2 Approval 33 <br /> 7.3 Architectural Committee's Decision 34 <br /> 7.4 Completion of Work 34 <br /> 7.5 Non-liability 34 <br /> 7.6 Enforcement 35 <br /> 7.7 Board's Authority 35 <br /> 7.8 Governmental Approval 35 <br /> 7.9 Declarant Exemption 35 <br /> ARTICLE 8 Insurance 35 <br /> 8.1 Owner's Insurance Requirements 35 <br /> 8.2 Association's Liability Insurance 36 <br /> 8.3 Association Property Insurance 36 <br /> 8.4 Insurance Rating and Cancellation 37 <br /> 8.5 Board's Authority to Revise Insurance Coverage 37 <br /> 8.6 Periodic Insurance Review 37 <br /> 8.7 FNMA, FHLMC and FHA Requirements 38 <br /> 8.8 Insurance Trustee 38 <br /> 8.9 Other Insurance 38 <br /> ARTICLE 9 Unit Damage, Destruction or Condemnation 38 <br /> ARTICLE 10 Association Property Damage, Destruction or Condemnation 38 <br /> 10.1 Restoration Defined 38 <br /> 10.2 Insured Casualty 38 <br /> 10.3 Inadequate Insurance Proceeds or Uninsured Loss 39 <br /> 10.4 Additional Special Assessment 39 <br /> 10.5 Alternative Reconstruction 39 <br /> 10.6 Sale of Development 39 <br /> 10.7 Restoration of Partition Rights 39 <br /> 10.8 Rebuilding Contract 40 <br /> 10.9 Authority to Effect Changes 40 <br /> 10.10 Condemnation 40 <br /> 10.11 Dispute Resolutions 41 <br /> ARTICLE 11 Rights of Mortgagees 41 <br /> 11.1 Lender Definitions 41 <br /> 11.2 Encumbrance 42 <br /> 11.3 Rights of Institutional Mortgagees 42 <br /> 11.4 Subordination 42 <br /> 11.5 Breaches 42 <br /> 11.6 Special Voting Requirements 42 <br /> 11.7 Distribution of Insurance and Condemnation Proceeds 43 <br /> CLSS\51643\927586.5 iii June 16,2014 <br />