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<br />waivers of any defense based on co-insurance or of invalidity from any acts of the <br />insured. <br /> <br />10.6 Cancellation; Notice of Loss. All policies of property insurance and <br />comprehensive liability insurance maintained by the Association shall provide <br />that the policies shall not be cancelled or substantially modified, for any reason, <br />without at least thirty (30) days prior written notice to the Association, to the FHA <br />or FNMA (if applicable), all of the insureds and all Eligible Mortgagees. <br /> <br />10.7 Restoration in Lieu of Cash Settlement. All policies of property insurance <br />maintained by the Association shall provide that, despite any provisions giving <br />the insurer the right to elect to restore damage in lieu of a cash settlement, such <br />option shall not be exercisable (i) without the prior written approval of the <br />Association (or any Insurance Trustee) or (ii) when in conflict with provisions of <br />any insurance trust agreement to which the Association may be a party, or any <br />requirement of law. <br /> <br />10.8 No Contributions. All policies of insurance maintained by the Association shall <br />be the primary insurance where there is other insurance in the name of the Owner <br />covering the same property, and may not be brought into contribution with any <br />insurance purchased by Owners or their Eligible Mortgagees. <br /> <br />10.9 . All policies of insurance <br />maintained by the Association shall provide that the coverage shall not be voided <br />by or conditioned upon (i) any act or omission of an Owner or Eligible <br />Mortgagee, unless acting within the scope of authority on behalf of the <br />Association, or (ii) any failure of the Association to comply with any warranty or <br />condition regarding any portion of the Property over which the Association has no <br />control. <br /> <br />SECTION 11 <br />RECONSTRUCTION, CONDEMNATION AND EMINENT DOMAIN <br /> <br />11.1 Reconstruction. Any repair or reconstruction shall be substantially in <br />accordance with the plans and specifications of the Property as initially <br />constructed and subsequently improved, unless otherwise determined by the <br />ACC, in its sole discretion. Notice of substantial damage or destruction shall be <br />given pursuant to Section 17. <br /> <br />11.2 Condemnation and Eminent Domain. In the event of a taking of any part of the <br />Property by condemnation or eminent domain, notice shall be given pursuant to <br />Section 17. Eligible Mortgagees shall be entitled to priority for condemnation <br /> <br /> <br /> <br /> <br />_____ <br />26 <br />022818 <br /> <br />