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ninety (90) days or less prior written notice. <br /> <br />- 14- <br /> <br />In addition, when <br /> <br /> professional management of the Proper:)' has been required by any <br /> First Mortgagee and in fact utilized by the Assoc%ation, any <br /> decision to discontinue professional management and establish <br /> self-management by the Association shall require the prior <br /> consent of (i) O~uners of Houses to which at least sixty-seven <br /> percent (67,%) of the votes in the Association are allocated and <br /> (ii) the aproval of First Mortgagee ls holding mortgages on Houses <br /> to which are allocated at least fifty-one percent (51%) of the <br /> votes in the Association. <br /> <br /> Section 5.3 Rules and Regulations. The Association may make <br />such reasonable Rules and Regulations governing the conduct of <br />any persons using the Property, and governing the general use, <br />maintenance and enjoyment of the Property, as it deems reasonably <br />necessary, which Rules and Regulations shall not be inconsistent <br />with the rights and duties established by the Governing <br />Documents.. <br /> <br /> Section 5.4 Board of Directors. %ne power and authority of <br />the Association in the Governing Documents and Rules and <br />Regulations shall be vested in a Board of Directors elected by <br />the fY~ners in accordance with the BYla'~'s of the Association. ine <br /> <br />Association she!~ =""t .... t~-ough the Board of Directors, unless <br /> <br />soecificai!y ~rovided otherwise in the Governing Documents. <br />Accordinz!v all references to the Association shall mean the <br />Association acting through the Board cf Directors. <br /> <br /> ARTICLE VI <br /> <br /> CO~rEI~AtYTS FOR ASSESSMEETS <br /> <br /> ~-=~tl n 6.! Creation of the Lien ant Personal O~~i_~aticn cf <br /> <br /> <br />