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7 <br />and items otherwise identified as Common Expenses in the Declaration or <br />Bylaws. <br /> <br />1.11 “Common Interest Community” (also sometimes referred to herein as “CIC”) <br />shall mean the contiguous or noncontiguous real estate described on Exhibit B <br />attached hereto that is subject to this Declaration, as more fully described in <br />Section 515B.1-103(10) of the Act. <br /> <br />1.12 “Declarant Control Period” means the time period during which Declarant has <br />the exclusive right to appoint the members of the Board, as described in Section <br />14.7 of this Declaration. <br /> <br />1.13 “Governing Documents” means this Declaration, and the Articles of <br />Incorporation and Bylaws of the Association, as amended from time to time, all of <br />which shall govern the use and operation of the Property. <br /> <br />1.14 “Limited Common Elements” means a portion of the Common Elements <br />allocated by the Declaration or by operation of Section 515B.2-102(d) of the Act <br />for the exclusive use of one or more but fewer than all of the Units. <br /> <br />1.15 “Member” means all persons who are members of the Association by reason of <br />being Owners as defined in this Declaration. The words “Owner” and “Member” <br />may be used interchangeably in the Governing Documents. <br /> <br />1.16 “Mortgagee” means any Person owning a mortgage recorded against a Unit, <br />which mortgage constitutes a first mortgage lien against the Unit. <br /> <br />1.17 “Owner” means a Person who owns a Unit in fee title, but excluding contract for <br />deed vendors, mortgagees, holders of remainder or reversionary interests and <br />other secured parties within the meaning of the Act. <br /> <br />1.18 “Person” means a natural individual, corporation, limited liability company, <br />partnership, limited liability partnership, trustee, or other legal entity capable of <br />holding title to real property. <br /> <br />1.19 “Plat” means the recorded plat depicting the Property pursuant to the <br />requirements of Section 515B.2-110(c) of the Act, including any amended or <br />supplemental Plat recorded from time to time in accordance with the Act. <br /> <br />1.20 “Property” means all of the real property subjected to this Declaration, now or in <br />the future, including all structures and any other improvement located thereon. <br />The Property is legally described in Exhibit B attached hereto. <br /> <br />1.21 “Rules and Regulations” means the Rules and Regulations of the Association as <br />approved from time to time pursuant to Section 5.6. <br /> <br />120