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All maintenance and repair of individual buildings constructed on a Lot shall be the sole obligation, responsibility and expense of the individual Owners thereof, except to the extent that exterior maintenance and repair or maintenance of water and sewer systems within the Lots is provided by the Association as approved by a majority of votes cast in person or by proxy at a meeting called for such purposes. In the event that any maintenance or repair to any part of the properties is necessitated by willful or negligent acts of any Owner, his or her family, guests, or invitees, the cost of all such maintenance, repairs, attorneys fees and costs of enforcement, shall be added to and become part of the assessments to which the Lot of such Owner is subject. The Association shall be responsible for all damage done to the Lots and the improvements thereon in the course of such maintenance and repairs and shall perform or pay for the restoration of and repairs to such improvements. In addition, the Association shall have the right to enter the Owner's Lot and to restore any part of the Building or Lot to its prior condition if any alterations were made in violation of this Article, and the costs of said restoration shall be a personal obligation of the Owner and a lien against the Owner's Lot. ARTICLE IX INSURANCE Section 1. ReQuired Coverae:e. The Association shall obtain and maintain, at a mInImUm, a master PQlicy or policies of insurance in accordance with the insurance requirements set forth in the Act and the additional requirements set forth herein, issued by a reputable insurance company or companies authorized to do business in the State of Minnesota, as follows: a. Property insurance in broad form covering all risks of physical loss in an amount equal to one hundred percent (100%) of the insurable "replacement cost" of the Property, less deductibles, exclusive of land, footings, excavation and other items normally excluded from coverage (but including all building service equipment and machinery). The policy or policies shall cover personal property owned by the Association. The policy or policies shall also contain "Inflation Guard" and "Agreed Amount" endorsements, if reasonably available. Such policy or policies to the foregoing and other hazards as may be required from time to time by the regulations of the Federal Housing Administration ("FHA") or Federal National Mortgage Association ("FNMA") as a precondition to their insuring, purchasing or financing a mortgage on a Lot. The Board may also, on behalf of the Association, enter into binding written agreements with a mortgagee, insurer or servicer, including without limitation the FHA of FNMA, obligating the Association to keep certain specified coverage or endorsements in effect. b. Comprehensive public liability insurance covering the use, operation and maintenance of the Common Elements, with minimum limits of $1,000,000 per occurrence, against claims for death, bodily injury and property damage, and such other risks as are customarily covered by such policies for projects similar in construction, location and use to the Property. The policy shall contain a "severability of interest" endorsement which shall preclude the insurer from denying the claim of an Owner or Occupant because of negligent acts of the Association or other Owners or Occupants. The policy shall include such additional' 12