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i � ,4 ... i 5:12 "E ' ible Mort a ee" means any Person which owns a first mortgage on a Unit ' ; an which has requested in writing that the Association notify ii regarding any �r posed action which requires approval by a specified percentage of Eligibie � M rtgagees. - ;.;3 "G vernin Documents" means this�Decl�ration,the Bylaws, and the Articles of � Inc rporation of the Association, as those documents may.be amended from time to ime,all of which shall govern the use and operation of the Property. 1.14 "L�mited Common Elements"means a portion of the Common Elements allocated by his Declaration or by operation of Section S l SB2-102(d) or(fl of the Act for the exclusive use of one or more but fewer than all of the Units. 1.15 " ember"means a Person who is a member of the Association by virtue of being � an wner as defined in this Declaration. The words"Owner"and"Member"may be sed interchangeably in the Governing Documents. , 1.]6 "O cu ant" means a Person,other than an Owner,in possession of,or residing in, a nit. . i.17 "O er" means a Person who owns a Unit, but excluding a coritract for deed ve dors,a mortgagee, a holder of a remainder interest or a reversionary interest in I a I fe estate, and any vther secured parties within the rrteaning of the Act. The , te "Owner" includes, without limitarion, a contract for �deed vendee, and a � ho der of a life estate. '� I.18 "P rson" means a natural individual, a coiporation, a ]imited liability company, a pa nership, a trustee,or other legal entity capable of holding title to real property. 1.19 "P at" means one or more than one recorded plat depicting the Property pursuant to the requirements of Section 515B.2-110(c) of the Act, and satisfying the re uirements of Minnesota Statutes Chapter 505, 508, or 508A, as applicable, in luding any amended or supplemental Plat recorded from time to time in ac�ordance with the Act. 1.20 "P o ert " means all of the real property subjected to this Declaration,now or in th future, including all structures and improvements located thereon. The Pr perty is legally described in Exhibit A attached hereto_ 1.21 " les and Re u3ations" means the Rutes and Regulations of the Association as ap roved from time to time pursuant to Section 5.6. � 122 " nit" means a part of the Property within a Building other than the Common �� E] ments, inc3uding one or more than one room or enclosed space designed and in nded for separate ownership and use, alI as described in Section 2 and shown � on the PEat. MPLS-Word 95281.1 I 3