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COMMON INTEREST COMMUNITY No. 1504 <br />Planned Community <br />SUGARWOODS OFITCE CENTRE <br />DECLARATION <br />THIS DECLARATION is made as of this oay of February, 2005,INTERSPACE- <br />WEST, INC. a Minnesota corporation, (herein "Declarant") pursuant to the provisions of thr <br />Minnesota Common Interest Ownership Act, Minnesota Statutes Sections 51 SB. 1-101 through <br />51SB.4-118 (the "Act"), as amended. <br />RECITALS <br />Declarant is the owner of certain real estate located in Hennepin County, Miiuiesota, and <br />legally described as follows: <br />j and___, Block 1, Sugarwoods Office Centre, Hennepin County,Lots 1,__, <br />Minnesota, <br />all of which real estate constitutes and is herein to referred to as the “Real Estate”. <br />Declarant intends to develop the Real Estate as three separate building parcels suitable for <br />office and other uses permitted by City Oxte in a campus setting with certain shared common <br />amenities and with uniform standards of iqipearance and iTiaintenance. <br />Declaran; wishra to rnerve the right to add seven additional building parcels to this <br />Declaration. <br />Declarant has caused Sugarwoods Office C^tre Condominium Association (the <br />“Association ”) to be formed as a Minnesota nonprofit corporation to serve as the statutory <br />association of Unit owners for Sugarwoods Office Centre Condominium .