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1 �.� J <br /> � > <br /> ♦ I♦ ♦. \` <br /> � .� � . . � • r . <br /> G=y _���:�����g�s l�1�� <br /> TAXPAYEA SERVICES <br /> TAANSFEA ENTERED � ' <br /> DEC I � 2Q07 <br /> H r Pi �N . <br /> t < t � <br /> , <br /> (Above Space Reserved for Recording Data) <br /> COMMON INTEREST COMMUNITY NO. 15T8 <br /> Condominium ' � <br /> STONEBAY OF ORONO CONDOMINIUM <br /> DECLARATION <br /> I <br /> � This Declaration is made in the county of '� , state of Minnesota, on this <br /> �day of t�5� , 2007, by O.C. Development LC,a Minnesota limited liability <br /> company (the "Declarant"), pursuant to the provisions of Mini�esota Statutes Chapter 515$, <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 Exhihit 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 community to be owned, occupied, and operated for the use, heafth, safety, and <br /> welfare of the Owners and Occupants, and for the purpose of preserving the value,the structural <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 Act; <br /> (ii} is not subject to an ordinance referred to in Section S15B.1-Ifl6 of the Act, governing <br /> conversions to common inierest ownership; and(iii) does not include any shoreland as defined in <br /> Minnesota Statutes Section 103F.205. <br /> THEREFORE, Declarant subjects the Property to this Declaration under the name <br /> "SFonebay of Orono Condominiurn," 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 /> MPLS-Word 95281.11 <br /> Guaranty Titk.inc. <br /> &ix 163 <br /> _ SZ,S� r( � <br />