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DECLARATION <br /> TffiS DECI.ARATION, made as of this . 2018 by Charliewood Association, Inc. the (the <br /> "Declarant") PURSUANT TO TI� PROVISIONS OF Minnesota Statutes Chapter S 15B, l�own as the <br /> Minnesota Common Interest Ownership Act (the"AcB'), for the purpose of creating a planned community <br /> under the Act. <br /> RECITALS <br /> A. Declara.nt is the owner in fee simple of the real property situated in Pequot Lakes, in the <br /> County of Crow Wing, in the State of Minnesota, legally described on Exlubit A attached hereto and <br /> incorporated herein by reference(the"Subject Property"). <br /> B. Declarant is not reserving any additional real estate to add this planned community. <br /> C. Declarant has deemed it desirable for the preservation of the value of the Subject Property � <br /> to submit the same, together with the buildings, structures, improvements and other permanent fixtures <br /> thereon to the provisions of the Act, and to incorporate under Chapter 317A of the laws of the State of I <br /> Minnesota for the purpose of administering the Subject Property. The Subject Property is not subject to a , <br /> master association. <br /> D. Declarant is ahout to sell, dispose of and convey interests or estates in and to the Subject <br /> Property, together with the buildings, structures, improvements and other permanent fixtures of whatsoever <br /> kind thereon, and any and all rights and privileges belonging to or in anyway appertaining thereto, and to <br /> accomplish this purpose desires to submit the Subject Property to the requirements of the Act. <br /> E. Declarant desires and intends that the owners, mortgagees, occupants, and other persons <br /> hereafter acquiring any interest in the Subject Property shall at all times enjoy the rights, easements, <br /> privileges, and restrictions hereinafter set forth, all of which are declared to be in furtherance of a plan to ' <br /> promote and protect the cooperative aspect of the planned community form of ownership of the Subject <br /> Property and are established for the purposes of enhancing and perfecting the value, desirability and <br /> attractiveness of the same. <br /> NOW,THEREFORE,Declarant,as the sole owner of the Subject Properiy for the purposes above <br /> set forth,hereby submits the Subject Property to the Act as a planned community under the name <br /> Charliewood Association,Inc. and declares as follows: <br /> ARTICLE L <br /> DEFINITIONS <br /> The following words,when used in the Declara.tion(unless the conteact shall prohibit)sha11 have <br /> the following meanings: <br /> a) "Additior�al Property"—n/a <br /> (b) "Association"shall mean and refer to the Charliewood Association,Inc.,a Minnesota <br /> nonprofit corporation,its successors and assigns. <br /> (c) "Co�nmon Area"shall mean and refer to all real property owned by the Association for the <br /> common use and enjoyment of the Owners and such other persons to whom the Owners may <br /> 1 <br />