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i _.i . <br /> s <br /> ,� :. .� �. <br /> , . Q � <br /> � �T��:���=o�g:�x�s a,;�� � <br /> TAXPAYEA SEf�V10ES , <br /> TAANSFEA ENTERED � <br /> DEC 19 2Q07 <br /> H t Pi tN , <br /> t .� C � <br /> , <br /> (Above Space Reserved for Recording Data) <br /> COIVIMON INTEREST COMMUNITY NO. 1578 <br /> Condorriinium ' ' <br /> STONEB�►Y OF ORONO CONDOMINIUM <br /> DECLARATION <br /> ' This Declaration is made in the county of--�r�„Gy�,;7, state of Mi�esota, on this <br /> �day of �7vrS�' , 2007,by O.C. Development�LLC,a Minnesota limited liability <br /> company {the "Declarant"), pursuant to the provisions of Mimiesota Statutes Chapter S l5$, <br /> known as the Minnesota Common Interest Ownership Act (the "Act"), for the purpose of <br /> creating Stonebay of Orono Condominium as a condominium under the Act. <br /> � WHEREAS,Declarant is the owner of certain real�property located in Hennepin County, <br /> Minnesota, legally described in Exhibit A attached hereto, and Declarant desires to submit said <br /> real property and all improvements thereon {collectively the "Property") to the Act as a <br /> condominium,and <br /> WHEREAS, Declarant desires to establish� on .the Property a plan for a permanent <br /> residential comrnunity to be owned, occupied, and operated for the use, health, safety, and <br /> welfare of the Owners and Occupants, and for the purpose of preserving the value,the structurai <br /> . quality, and the original architectural character of the Property,and <br /> WHEREAS, the Property(i) is not subject to a master association as defined in the Ac.t; <br /> (ii} is not subject to an ordinance referred to in Section S15B.1-I�6 of the Act, governing <br /> conversions to common interest ownership; and{iii)does noi include any shoreland as defined in <br /> Minnesota Statutes Section 103F.205. <br /> THEREFORE, Declarant subjecis the Property to this Declaration under the name <br /> "Stonebay of Orono Condominium," consisting of the Units referred to in Section 2, declaring <br /> that this Declaration shall constitute covenants to run with the Property, and that the Property <br /> M PLS-Word 95281.11 <br /> � Guaranty Titk,Inc. <br /> B�z 163 <br /> _ 5,2�� �( � <br />