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� . . , , � . : , , -.. I I.112 "Eli�ible MortQaQee" means any Person which owns a first mortgage on a U it ' � j and which has requested in writing that the Association notify it regarding a y proposed action which requires approval by a specified percentage of Eligi le - � Mortgagees. � I.1'3 "rovernin� Documents" means �his��eclaration, tr� Bylaws, and Ehe Artic�es }�f � � Incorporation of the Assflciation, as those documents may be amended from tinhe to time,all of which shall govern the use and operatian of the Property. l.l� "Limited Common Elements"means a portion of the Common Elements allocat�d ' by this Declaration or by operation of Section S 15B.2-102(d) or(fl of the Act f�r ; 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 bei g � an Owner as defined in this Declaration. The words"Owner" and"Member"m y ! be used interchangeably in the Governing Documents. 1.1� "Occunant" means a Person,other than an Owner, in possession of,or residing i�, I a Unit. . l.l�l "Owner" means a Person who owns a Unit, but excluding a contract for dee , vendors,a mortgagee, a holder of a remainder interest or a reversionary interest i , � a life estate, and any other secured parties within the meaning of the Act Th � j term "Owner" incEudes, without limitarion, a contract for deed vendee, and holder of a life estate. f.1$ "Person" means a natural individual, a corporation, a limited liabi lity company, � partnership, a trustee, or other legal entity capabie of holding title to real property4 1.19 "Plat" means one or more than one recorded plat depicting the Property pursuan _ _ to the requirements of Section S15B.2-110(c) of the Act, and satisfying th requirements o£ Minnesota Statutes Chapter 505, 508, or SQ8A, as applicable ' including any amended or supplementat Plat recorded from time to time i� accordance with the Act. 1.20� "Propertv" means aIl of the real property subjected to this Declaration,now ar i the future, including al] structures and improvements located thereon. Th ' Property is legally described in Exhibit A attached hereto. 1.21� "Rules and Resulations" means the Rules and Regulations of the Association a� , 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 Common Elements, including one or more than one room or enciosed space designed and � intended for separate ownership and use, al[ as described in Section 2 and shown � on the Pfat. MPLS-Word 9528�.0 3