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right to see any remedies at law or in equity which it may have. In addition, Declarant shall have the right, but not the duty, to enter upon such Owner's Lot to make such repairs or to perform such maintenance and to charge the cost thereof to the Owner. 8.1.2. Damage to Improvements-Reconstruction. If all or any portion of any Lot or any Improvement thereon is damaged or destroyed by fire or other casualty, it shall be the duty of the Owner of such Lot to rebuild, repair or reconstruct the Lot and the Improvements on such Lot in a manner which will restore them substantially to their appearance and condition immediately prior to the casualty. The Owner of any damaged Lot or Improvements shall be obligated to proceed with all due diligence hereunder, and such Owner shall cause reconstruction to commence within three (3) months after the damage occurs and to be completed within nine (9) months after damage occurs, unless prevented by causes beyond his reasonable control. A transferee of title to the Lot which is damaged or upon which is located a damaged Improvement shall commence and complete reconstruction in the respective periods which would have remained for the performance of such obligations if the Owner of the Lot at the time of the damage still held title to the Lot. However, in no event shall such transferee of title be required to complete such reconstruction in less than ninety (90) days from the date such transferee acquired title to the Lot. ARTICLE 9. MORTGAGE PROTECTION 9.1. Rights of Mortgagees. All restrictions and other provisions herein contained shall be deemed subject and subordinate to all Mortgagee and Deeds of Trust now or hereafter executed upon the Covered Property or any portion of either thereof, and none of said restrictions shall supersede or in any way reduce the security or affect the validity of any such Mortgage or Deed of Trust; provided, however, that if a portion of the Covered Property is sold under a foreclosure of any Mortgage or under the provisions of any Deed of Trust, any purchaser at such sale, including, without limitation, the lender, and the successors and assigns of such purchaser, shall hold any and all property so purchased subject to all of the rights, restrictions and other provisions of this Declaration. The foregoing shall also apply to a deed in lieu of foreclosure and to the transferee of the lender after such deed in lieu. ARTICLE 10. DECLARANT EXEMPTION 10.1. Declarant Exemption. Declarant or its successors or assigns shall be obligated to undertake the work of constructing the Residence Units and developing all of the Lots included within the Covered Property. The provisions of Article 3 requiring approval of Plans and Specifications shall not apply to the Improvements built or designed by Declarant for each Lot. Declarant, and any Person to which Declarant may assign all or a portion of its exemption hereunder. In order that such work may be completed and the Covered Property be established as a fully occupied residential 15