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, <br /> t _ � <br /> : � �. �� � <br /> � �,��:�P�;O�T�.X�S��;;D <br /> TA�(PAYEA SERVICES � <br /> TR/#N9FEA ENTEAED j <br /> ' i <br /> �EC I � 2Q07 ', <br /> � � I P� iN , i <br /> � �- c �, <br /> , <br /> (Above Space Reserved for Recording Data) <br /> COMMON INTEREST COMMUNITY NO. 1578 <br /> Condominium � <br /> STONEBAY OF ORONO CONDQMINIUM <br /> ' DECLARATIOIY <br /> I � <br /> ' Thi Declaration is made in the county of '� , state of Minnesota, on thi$ <br /> ��day f ' vtS� , 2007, by Q.C. Development LC, a Minnesota limited Iiabili ' <br /> company {he "Declarant"), pursuant to the provisions of Mini�esota Statutes Chapter 515$ <br /> known as 'the Minnesota Common Interest Ownership Act (the "Act"), for ttte purpose o <br /> creating Stonebay of Orono Condominium as a condominium under the Act. <br /> � WF�EREAS, Declarant is the ownerofcertain real property located in Hennepin Caunty <br /> Minnesota, legally described in Exhibit A attached hereto, and Declarant desires to submit sai <br /> real property and all improvements thereon (collectively the "Property") to the Act as <br /> condominium,and <br /> WHEREAS, Declarant desires to establish� on the Property a plan for a permanen <br /> residential community to be owned, occupied, artd operated for the use, health, sa#'ety, an <br /> welfare of the Owners and Occupants, and for the purpose of preserving the value,the structura <br /> . quality, and the original architectural character of the Property,and <br /> WIj1EREAS, the Property(i) is not subject to a master association as defined in the Act <br /> (ii) is not '',�subject to an ordinance refened to in Sectian 5i5B.I-105 of the Ac#, governin <br /> conversion�to common interest ownership; and(iii) does not include any shoreland as defined i <br /> Minnesota'Statutes Section 103F.205. j <br /> T EREFORE, Declarant subjecis the Property to this Declaration under the nam <br /> "Stonebay jof Orono Condominium," consisting of the Units referred to in Section 2, declarin <br /> that this I?',eclaration shall constitute covenants to run with the Property, and that the Propert <br /> MPLS-Word 95281.11 <br /> . Guaranty�t .inc. <br /> &iz l <br /> 5�2�' r( � <br />