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i � . � ..,' � 1.12 "Eli�ible Mortga�ee" means any Person which owns a first moRgage o a Unit ' � and which has requested in writing that the Association notify it regard ng any � proposed action which requires approval by a specified percentage of ligible � Mortgagees. 1.13 "Gavernin� Documents" means this �eclaration, the Bylaws, and the A 'cles of Incorporation of the Association, as those documents may.be amended fr m time to time,all of which shall govern the use and operation of the Property. I.l4 "Limited Common ElemenEs"means a portion of the Common Elements a located by this Declaration or by operation of Section S 15B.2-1fl2(d) or(fl of the Act for the exclusive use of one or more but fewer than all of the Units. 1.1 S "Member"means a Person who is a member of the Association by virtue f being � an Owner as defined in this Declaration. The words"Owner"and"Memb r"may be used interchangeably in the Governing Documents. 1.16 "Occunant" means a Person,other than an Owner, in possession of,or resi ing rn, a Unit. , 1.17 "Owner" means a Person who owns a Unit, but excluding a contract f r deed vendors,a moRgagee, a holder of a remain8er interest or a reversionary int rest in Ia life estate, and any other secured parties within the meaning of the Ac The . term "Owner" includes, without limitarion, a contract for deed vendee, and a holder of a life estate. I.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 pr perty. � 1.19 "Plat" means one or more than one recorded plat depicting the ProperEy p rsuant to the requirements of Section S I SB.2-I 10(c) of the Act, and satisfyi g the requirements of Minnesota Statutes Chapter 505, 508, or 508A, as app icable, , inctuding any amended or supptemental Plat recorded from time to t me in accordance with the Act. 120 "Propertv" means aIl 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 Exhibit A attached hereto. 121 "Rules and Reau3ations" means the Rules and Regulations of the Associa ion as approved from time to time pursuant 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 design d and intended for separate ownership and use, ali as described in Section 2 and hown on the Pfat. MPLS-Word 95281.11 3