Section A. Any co-owner who mortgages his unit shall notify the Association of the name and address of the mortgagee, and the Association shall maintain such information in a book entitled "Mortgagees of Units". The Association may, at the written request of a mortgagee of any unit, report any unpaid assessments due from the co-owner of such unit. The Association shall give to the holder of any first mortgage lien covering any unit in the Condominium Project written notification of any default, in the performance of the obligations of the co-owner of such unit, which is not cured within 30 days.
Section B. The Association shall notify each mortgagee appearing in said book of the name of each company from which all risk and liability insurance has been obtained and the amounts of such coverage.
Section C. Any institutional holder of a first mortgage lien on any unit shall be entitled to receive, upon request submitted to the Association, written notification of every meeting of the members of the Association and to designate a representative to attend such meeting.
