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`_''_' 'y y . . i ' --"-' . .j • I . 1.12 "Eli�ible Mort ag Qee" 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 Eli ibie � Mortgagees. ;1.13 "Governin� Documents" means this Decl�ration, the Bylaws, and the Articl s of ' ]ncorporation 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. 1.14 "Limited Common Elements"means a portion of the Common Elements allo ated by this Deciaration or by operation of Section S 15B2-102(d) or(� of the A�t for the exclusive use of one or more but fewer than all of the Un�ts. � 1.15 "Member"means a Person who is a member of the Association by virtue of I eing � an Owner as defined in this Declaration. The words"Owner"and"Member'�may be used interchangeably in the Governing Documents. ; 1.16 "Occupant"means a Person,other than an Owner, in possession of,or residi g in, a Unit. , � � 1.17 "Owner" means a Person who owns a Unit, but excluding a contract fo I deed vendors,a moRgagee,a holder of a remainder interest or a reversionary inte�-est in Ia life estate, and any other secured parties within the meaning of the Act. The . term "Owner" includes, without limitation, a contract for �deed vendee, �and a holder of a life.estate. 1.18 "Person" means a natural individual, a corporation, a limited liability com�any, a partnership,a trustee,or other legal entity capable of holding title to real prc�perty. ; 1.19 "Plat" means one or more than one recorded plat depicting the Property p rsuant to the requirements of Section S15B.2-I10(c) of the Act, and satisfyi g the requirements of Minnesota Statutes Chapter 505, 508, or 508A, as applicable, including any amended or supplemental Plat recorded from time to t me in accordance with the Act. 1.20 "Propertv" means all of the real property subjected to this Declaration, no�✓ or in the future, including all structures and improvements located thereon� The Property is legally described in Exhi.bit A attached hereto. I l21 "Rules and Re�u3ations" means the Rules and Regulations of the Associ Ition as approved from time to time p�rsuant to Section 5.6. � � 1.22 "Unit" means a part of the Property within a Building other than the C�mmon , Elements, including one or more than one room or enclosed space desig ed and intended for separate ownership and use, alt as described in Section 2 an�shown on the PEat. MPLS�Ward 95281.11 3