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: + - � .4 ... i � 1.12 "Eli�ible Mort�aQee" means any Person which owns a first mortgage on a Unit ` � and which has requested in writing that the Association notify it regardin� any proposed action which requires approval by a specified percentage of Eligib(e - I Mortgagees. 1.13 "Governin� Documents" means this Declaration, the Bylaws, and the Articles o lncorporation of the Association, as those documents may.be amended from time to time,all of which shall govern the use and operation of the Property. ' I.14 ' "Limited Common Elements"means a portion of the Common Elements allocated by this Declaration or by operation of Section S 15B.2-102(d) or(fl of the Act fo the exclusive use of one or more but fewer than all of the Units. 1.l S "Member"means a Person who is a member of the Association by virtue of bein � an Owner as defined in this Declaration. The words"Owner"and"Member"ma be used interchangeably in the Governing Documents. � 1.16 "Occupant" means a Person,other than an Owner, in possession of,or residing in a Unit. . 1.17 "Owner" means a Person who owns a Unit, but excluding a contract for dee vendors,a mortgagee, a holder of a remainder interest or a reversionary interest i , a life estate, and any other secured parties within the meaning of the Act. Th I term "Owner" incfudes, without limitation, a contract for iieed vendee, and holder of a life estate. 1.18 "Person"means a natural individual, a corporation, a]imited liability company, partnership,a trustee,or other legal entity capable of holding title to real property. i.]9 "Plat" means one or more than one recorded plat depicting the Property pursuan to the requirernents af Section 515B.2-I10(c) of the Act, and satisfying th requirements of Minnesota Statutes Chapter 505, 508, or 508A, as applicable including any amended or supplemental Plat recorded from time to time i accordance with the Act. 1.20 "Property" means aIl of the real property subjected to this Declaration, now or i the future, including all structures and improvements located thereon. Th Property is legally described in fixhi.bit A attached hereta 121 "Rules and Re�ulations" means the Rules and Regulations of the Association a approved from time to time pursuant to Section 5.6. � 1.2 "Unit" means a part of the Property within a Building other than the Commo Elements, including one or more than one room or enclosed space designed an intended for separate ownership and use, al[ as described in Section 2 and show on the PEat. MPLS-Word 952I81.11 3