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' l ' . . . _ . . , . . . . . . . .. .. ... . _ .. 'I . � i 1.12 "Eli�ible Mort ag Qee" means any Person which owns a first moRgage on a nit � and which has requested in writing that the Association notify it regarding ny proposed action which requires approval by a specified percentage of Eligi le � Mortgagees. � I.13 "Governin� Documents" means ��is�Declaration, tY:e Bylaws, and the Articles of � lncorporation of the Association, as those documents may be amended from ti e to time,all of which shall govern the use and operation of the Property. � 1.�4 "Limited Common Elements"means a portion of the Common Elements alloca ed by this Deciaration or by operation of Section S 15B.2-102{d) or(fl of the Act or the exclusive use of one or more but fewer than all of the Units. � 1.15 "Member"means a Person who is a member of the Association by virtue of be ng � an Owner as defined in this Declaration. The words"Owner"and"Member" ay , be used interchangeably in the Governing Documents. � � 1_16 "Occupant" means a Person,other than an Owner, in possession of,or residing �n, a Unit. . 1.17 "Owner" means a Person who owns a Unit, but excluding a contract for d ed vendors,a mortgagee,a holder of a remainder interest or a reversionary interes in Ia life estate, and any other secured parties within the meaning of the Act. he . term "Ownerl' inciudes, without limitation, a contract for �deed vendee, an a ' holder of a life estate. I.18 "Person"means a natural individual, a corporation, a]imited liability compan , a partnership,a trustee, or other legal entity capable of holding title to real prope y. 1.�9 "Plat" means one or mare than one recorded plat depicting the Property pursu t to the requirements of Section S15B.2-110(c) of the Act, and satisfying he requirements of Minr►esota Statutes Chapter 505, Sd8, or 508A, as applica le, including any amended or supplemental Plat recorded from time to time in accordance with the Act. � 1_20 "Propertv" means aIl of the real property subjected to this Declaration, now or in the future, including all structures and improvements located thereon. e , Property is legally described in E�cltibit A attached hereto. 1.21 "Rules and Regulations" means the Rules and Regulations of the Association as approved frorr�time to time pursuant to Section S.b. � ].22 "Unit" means a part of the Property within a Building other than the Comm n Elements, including one or more than one room or enclosed space designed a d , intended for separate ownership and use, alI as described in Section 2 and sho ' on the PEat. MPLS-Word 95Z81.11 3 i � � �