11-28-1988 Council Packet - Laserfiche WebLink

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i DECLARATION i i ' s OF COVENANTS, CONDITIONS, RESTR:CTIONS AND EASEMENTS :CZ MEYERS WOODS THIS DECLARATION, made on the date hereinafter set forth by RESERS CONSTRUCTICN CO., a Minnesota corporation, hereinafter referred to as "Declarant"; WITNESSETH: WHEREAS, Declarant is the fee owner of certain property in the City of Orono, County of Hennepin, State of Minnesota, legally described as follows: Lots ?. through 25, and Outlots A and H, MEYERS WOODS [*** This is a tentative num- berinq of the lots based upon the preliminary development plan. It will be replaced with lots and blocks from the final plat. ***]; WHEREAS, Declarant desires to subject said property to cer- tain covenants, conditions, restrictions and easements for the benefit of said property; NOW THEREFORE, Declarant hereby declares that all of the property described above shall be held, sold and conveyed subject to the following covenants, conditions, restrictions and ease- ments, which are for the purpose of protecting the value and desirability of, and which shall run with, said property and be binding on all parties having any right, title or interest in said property or any part thereof, their heirs, successors and assigns, and shall inure to the benefit of each owner thereof. ARTICLE I DEFINITIONS Section 1. "Association" shall mean and refer to Meyers Woods Homeowneis Association, Inc., a Minnesota nonprofit corpor- ation, its successors and assigns. Section 2. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of fee simple title to any Lot which is a part of the Properties, but, if the Lot is being sold by a recorded contract for deed, then the con- tract vendee shall be deemed the "Owner" rather than the contract vendor. Section 3. "Properties" shall mean and refer to that real property —descz:bed in the first WHEREAS clause hereof.