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SEP, 13. 2006 11 :40AM Mail EDINA REALTY TITLE CLAIMS NO. 2964 P, 36/59 <br /> 6. "Homeowners Association"Or"Association"shall mean Glendale Cove Homeowners <br /> Association, a Minnesota non-profit corporation that will have as members all Owners. <br /> 7. "Improvements"shall mean and refer to all"Improvements" described and identified <br /> in Section I of Article III of this Declaration. <br /> 8. "Lot" shall mean,and refer to any platted lot of which the Real Property is comprised <br /> on which a Dwelling Unit is located or is intended to be located,including any Dwelling Unit <br /> constructed thereon. <br /> 9. "Owner" shall mean and refer to the record owner(s),whether one or more persons or <br /> entities, of a fee simple title to any Lot subject to this Declaration,and shall not mean or refer to the <br /> holder of any mortgage encumbering any such Lot unless and until such mortgage holder has <br /> acquired fee title by foreclosure of said mortgage or deed in lieu of foreclosure and the period within <br /> which the Owner may redeem from such foreclosure has terminated.Where any Lot is being sold by <br /> the fee owner to a contract for deed purchaser who is entitled to possession of a Lot;the contract <br /> purchaser shall be considered the Owner of such Lot. Where any Lot is subject to a life estate or life <br /> estates,the holder(s)of the life estate(s)shall be considered the Owner of such Lot. <br /> 10. "Plat"shall mean and refer to the plat map of Glendale Cove,as recorded in the Office of the <br /> Registrar of Titles or County Recorder of Hennepin County,NT=csota. <br /> ARTICLE II <br /> MAINTENANCE OF STORM WATER QUALITY TREATMENT POND <br /> Section 1. The Pond and the Rain Garden. As a condition of its approval of the <br /> development of the Real Property,the City of Orono has required that the parties hereto enter <br /> into an agreement,which makes provision for the maintenance of one Storm Water Quality <br /> Treatment Pond("the Pond")and one Rain Garden("the Rain Garden"),both to be <br /> constructed by BohLand Glendale Cove, LLC within the boundaries of the Real Property, as <br /> said pond and rain,garden are described and depicted in those certain construction plans drawn <br />