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SEP. 13, 20Q6 11 :40AM Mail EDINA REALTY TITLE CLAIMS N0. 2964 P. 34/59 <br /> xun wit$the �.teal Property an,d shall be binding on all parties having or acqttiring any rigk�t, <br /> t�#le ar i�terest in the Reai Property or an�part tk�ereof,theit.heirs,successors and assigns,and <br /> shall int�ue to the benefit of each owner of the Lots comprising the Rea1 Property, a�d are <br /> x�mposed upon the lteal Property and every part thereof a,s a servitude in favor of each <br /> and evcry pazt thereo£ <br /> .ARTTC�I <br /> D�FII�ZONB <br /> The followxug words and phxases,when used iu this D�claration sh,all have fhe fol�owing <br /> �neanings; <br /> 1. "Architectural Control Commfttee"or"the Comm�Eee"shall meaz�and xefer to a <br /> committee of the Homeown�ers Association,consisting originally of oaly Stev�n R Bol�,and <br /> subsequent��►of others as desczibed in,Article�,iI, Secti.or�9 below. The Committee will <br /> undexta.ke a�d perform the tasks and dut�es assig�;ed to it hexeby, and shall talce action only by <br /> th�u�anim�ous approva.�of a1I its membe�rs. <br /> 2. "City"shall m,ean the City of Orono, a 1V�i�nnesota municiQal corporation. <br /> 3 "Dwelli�ag Unit"shall mean and re�er to a s�imgle famil�housi.ng u,nit,garage and <br /> relat�d.improvements consttucted on a J.ot. <br /> 4. "1+loox Area Ratid'or"FA17"shall mean the ra,tio of total floor space of the Dwe1��,�ng <br /> Unit constracted oz�a Lot tp tIie total Lot are�, Total�i oor space shall include a1Z floors <br /> (basemeut, first stoxy, secoad story},all garage#laors, �11 floors above the gFtrage, an,d,a113_ <br /> season aud 4-season porches,but not screen porches of less tba� I68 squa,re fe�t. Floor Area <br /> Ratios(or FARs)sha�l be expressed decimally(i.c. 0.40)or as a pez�centage, <br /> 5. "First Martgagee"sha11 mean a person or entity ow�ing a Moxtgage on any Lot or <br /> D�uvelling Unit,which mortgage is fust in.priority upon foreclosure to all other rt�ortgages whic�Z <br /> �may affect such Lot or Dcvelling LTni� <br /> z <br />