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<br />#10634702v3 <br /> <br />2 <br />DEFINITIONS <br /> <br /> The following words when used in the Governing Documents shall have the following meanings <br />(unless the context indicates otherwise): <br /> <br />1.1 “Articles of Incorporation” shall mean and refer to the Articles of Incorporation for <br />Honey Hill Homeowners Association, a Minnesota nonprofit corporation under Chapter <br />317A of the laws of the State of Minnesota, and filed with the Minnesota Secretary of State, <br />and which govern the operation of the Association, defined below. <br /> <br />1.2 “Assessment” shall mean and refer to any assessment for Common Expenses, <br />determined by the Board, and levied by the Association, pursuant to the Governing <br />Documents. <br /> <br />1.3 “Association” shall mean Honey Hill Homeowners Association, a nonprofit corporation <br />which has been created pursuant to Chapter 317A of the laws of the State of Minnesota. <br /> <br />1.4 “Board” shall mean the Board of Directors of the Association as provided for in the By- <br />Laws. <br /> <br />1.5 “By-Laws” shall mean the By-Laws governing the operation of the Association, as <br />amended from time to time. <br /> <br />1.6 “City” shall mean the City of Orono, a Minnesota municipal corporation. <br /> <br />1.7 “Common Areas” shall mean all parts of the Property except the Homesites, owned by <br />the Association for the common benefit of the Owners and Occupants. The Common <br />Areas include, without limitation, all easements benefitting the Association, and all <br />improvements and fixtures located thereon, including, without limitation, the Shared <br />Roadway together with all landscaping, planters, trees and structures, and the entrance <br />monument and related landscaping located at the entrance to Honey Hill within Outlot A <br />of the Plat; all proceeds paid or payable to the Association as a result of any damage to or <br />condemnation of the Common Areas and all personal property the Association owns. <br /> <br />1.8 “Common Expense” shall mean and include all expenditures made or liabilities incurred <br />by or on behalf of the Association and incident to its operation, including without <br />limitation allocations to reserves and those items specifically identified as Common <br />Expenses in this Declaration or the By-Laws. <br /> <br />1.9 “Declarant Control Period” shall mean the period commencing upon the filing of this <br />Declaration and continuing until the earlier of: (i) the date Declarant no longer owns any <br />Homesite; or (ii) the date Declarant voluntarily turns over control of the Association to <br />the Owners. <br /> <br />1.10 “Dwelling” shall mean a building or part thereof consisting of one or more floors, <br />designed and intended for occupancy as a single family residence, and located within the <br />boundaries of a Homesite. The Dwelling includes any garage attached thereto or <br />otherwise within the boundaries of the Homesite in which the Dwelling is located. <br /> <br />340