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i y . ,+ ..,� , ' 1.1� "Eli�ible Mort�a�ee" means any Person which owns a first mortgage on a U it ' � and which has requested in writing that the Association notify it regarding a y proposed action which requires approval by a specified percentage of Eligi le � Mortgagees. . !.; "G�vernin� Documents" means this Dec!araiion, tl:e Bylaws, an� the Artic'ses f � lncorporation of tiie Association, as those documents may be amended from ti e , to time,all of which shall govern the use and operation of the Property. l.l� "Limited Common Elements"means a portion of the Common Elements allocat d by this Declaration or by operation of Section Si5B2-102(d) or(fl of the Act r ' the exclusiye use of one or more but fewer than all of the Units. 1.1 "Member"means a Person who is a member af the Association by virtue of bei g � � an Owner as defined in this Declaration. The words"Owner"and"Member"m y I be used interchangeably in the Governing Documents. � 1.1 "Occunant" means a Person,other than an Owner,in possession of,or residing i , a Unit. . ].1'� "Owner" means a Person who owns a Unit, but excluding a contract for de d vendors, a mortgagee, a holder of a remain8er interest or a reversionary interest n Ia life estate, and any other secured parties within the meaning of the Act_ T e , term "Owner" incEudes, without limitation, a contract for deed vendee, and a . holder of a life estate. I.1 "Person" means a natural individuat, a corporation, a limited liability company, a partnership, a trustee, or other legal entity capable of holdirig title to real propert . l.l "Plat" means one or more than one recorded plat depicting the Property pursu t to the requirements of Section S15B.2-I10(c) of the Act, and satisfying t e , requirements of Minnesota Statutes Chapter 505, 508; or 508k; as applicabl , , including any amended or suppfemental Plat recorded from time to time i accordance with the Act. 1.2 "Propertv" means aIl of the real property subjected to this Declaration, now or i the future, including all structures and improvements located thereon. e ' Property is legally described in Exhibit A attached hereto. 1.2 "Rules and Resu3ations" means the Rules and Regulations of the Association s 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, ali as described in Section 2 and show on the PEat. MPLS-Word 95 81.11 3