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. _. I -- — ---- ,S :1 • . � -� '• \` � ' • -1�--�*:��l�;��S l7iu�} TAXPAYEA SERVICES . TRAN�FER ENTERED � I nEc i � z�o7 I H � ' Pi �N - � � t �, � (Above Space Reserved for Recording Data) COiVIMON INTEREST COMMUNITY NO. 1578 � Condominium ' � , STONEBAY OF ORONO CONDOMINIUM DECLARATION I ; ' This Declaration is made in the county of '� , state of Minnesot , on this �day of��L}'Gfrjvt S�" , 2007, by O.C. Developmem LC, a Minnesota timit� liability company (the "Declarant"), pursuant to the provisions of Mim�esota Statutes Chapt r S l5$, known as the Minnesota Common Interest Ownership Act (the "Act"), for the pu ose of cre�ting Stonebay of Orono Condominium as a condominium under the Act. � WHEREAS, Declarant is the owner of certain real�property located in Hennepin County, Minnesota, legally descrihed in Exhibit A attached hereto, and Declarant desires to 5u mit said real property and all irnprovements thereon (collectively the "Property") to the ct as a condominium,and WHEREAS, Declarant desires to establish� on the Property a plan for a p rmanent residential community to be owned, occupied, and operated for the use, heaith, sa ty, and weyfare of the Owners and Occupants, and for the purpose of preserving the value, the s ractural . quality,and the original architectural character of the Property,and WHEREAS, the Property(i) is not subject to a master association as defined in the Act; (ii) is not subject to an ordinance referred to in Sectian SISB.I-106 of the Aci, g verning conversions to common interest ownership; and{iii) does not include any shoreland as d fined in Mi�►nesota Statutes Section i43F.205. THEREFORE, Declarant subjects the Property to this Declaration under e name "St'�nebay of Orono Condominium," consisting of the Units referred to in Section 2, eclaring that this Declaration shall constitute covenants to run with the Property, and that the roperty M PLS-Word 95281.1 I � � G ry Titk,Inc. , Btiz l G3 _ I �,2 C� �-( �