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Declarant wishes to establish the Real Estate as a planned Community under the Act. <br />^ NOW THEREFORE, Declarant declares that the Real Estate is and shall be divided, held, <br />transfoied, conveyed, sold, leased, occupied and developed subject to the Act and to the covenants,’ <br />reatrictions. easemen^ charges and liens set forth in this DeclaraUon, which shall run <br />with the Estate and be binding igran all parties having any right, title or interest in the Real <br />Es^, tteir heirs, successors and assigns, and which shall inure to the benefit of each Unit owner, <br />and the heirs, successors and assigns of each Unit owner. <br />Note to Readers <br />^ provisions ofthe Act ^ch govern this common interest Qmununity ("CIC"), and of <br />I t ♦l^onprofit Corporation Act, Minnesota Statutes, Chapter 317A under which the <br />Association is formed, are not repeated in this Declaration. This Declaration should be read in <br />conjunction with both statutes. <br />1.00 DEFINITIONS <br />I.O! ^ords <lefined in the Act dull have the meaning ascribed to them in the Act. Thefollowing are supplemental definitions. <br />A. **Additional Real Estate** shall Lots ^ inclusive. Block 1, <br />Sugarwoods Office Centre, Hennepin County, Minnesota, which may be added to <br />this. JC under the terms of Section 19.01 below. <br />B. "Association'* shall mean Sugarwoods Office Centre Association, a Minnesota <br />nonprofit cmporation. <br />C. Atriurn shall refer to the Limited Common Element wedge*plan structure, one of <br />which is located either adjacent to an Office Structure or between two Office <br />Structures. <br />D. <br />E. <br />F. <br />O. <br />»:i IIII of Directors" or "Board" shall mean the board of directors of the Association. <br />“City shall mean the City of Orono, M <br />“pmimon Area** shall mean Lot 1, Block 1, Sugarwoods Office Centre, Hennepin <br />County, Minnesota. <br />Elements** are defined in Section 8.01 below <br />2*