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i _.: " <br /> C.' <br /> ,rt ., •' �i <br /> � �7�•+`�;:P�1_;0�T�S Pj±iD . <br /> TAXPAYEA SERVlCES � <br /> TRAN9FER ENTEREO � <br /> DEC 19 2Q07 <br /> H � Pi 1N , <br /> � � t l}TY � <br /> 1 <br /> (Above Space Reserved for Recording Data) <br /> ' COMMON INTEREST COMMUNITY NO. 1578 <br /> Condominium <br /> STONEBAY OF ORONO CONDQMINIUM <br /> DECLARATION <br /> I <br />' This Declaration is rnade in the county of '� , state of Minnesota, o this <br /> ��day of_��5�" , 2007, by O.E. Development LC, a Minnesota limited Iia ility <br /> company (the "DeclaranY'), pursuant to the provisions of Mim►esota Statutes Chapter S 1S$, <br /> known as the Minnesota Common Interest Ownership Act (the "Act"), for the purpo e of <br /> creating Stonebay of Orono Condominium as a condominium under the Act. <br /> • WHEREAS, Deciarant is the owner of certain real property located in Hennepin Co nty, <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 ' a <br /> condominium,and <br /> WHEREAS, Declarant desires to estabtish� on the Property a plan for a perm nent <br /> residential community 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 struc ral <br /> . quality,and the original architectural character of the Property,and <br /> WHEREAS, the Praperty (i) is not subject to a master association as defined in the Act; <br /> (ii) is not subject to an ordinance referred to ir Section 515B.i-106 of the Act, gove ing <br /> conversions to common interest ownership; and {iii} does not include any shoreland as defin d in <br /> Minne�ota Statutes Section 103F.205. <br /> THEREFORE, Declarant subjects the Property to this Declaration under the ame <br /> "Stonebay of Orono Condominium," consisting of the Units referred to in Section 2, decl ring <br /> that this Declaration shall constitute covenants to run with the Property, and that the Pro erty <br /> M P LS-word 95281.11 <br /> . Guaran �tk,inc. <br /> &f 363 <br /> _ �` s�y .-( � . <br />