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Declaration shall constitute covenants to run with the Property, and (ii) that the Property, and any <br />Additional Property added thereto, shall be owned, encumbered, used, operated, occupied and <br />conveyed subject to the covenants, conditions, restrictions, easements, charges and liens <br />described in this Master Declaration, all of which shall be binding upon all Persons, as defined in <br />this Master Declaration, having or acquiring any right, title or interest therein, and their heirs, <br />personal representatives, successors and assigns. <br />SECTION 1 <br />DEFINITIONS <br />The following terms, as used in this Master Declaration, shall have the following <br />meanings: <br />1.1 "Additional Property" means the real property described in Exhibit C attached <br />hereto, and all Improvements located thereon, now or in the future, which Additional Property <br />the Master Developer has the unilateral right to add to the Property. <br />1.2 "Builder" means a Person who acquires a Unit from the Master Developer or <br />another Person for the construction and sale of a Dwelling located or to be located thereon. <br />1.3 "Building" means each structure which is or becomes a part of the Property and <br />contains a Dwelling or Dwellings. <br />1.4 "City" means the City of Hugo, Minnesota. <br />1.5 "Design Guidelines" means the Design Guidelines for Adelaide Landing <br />described in Section 8. <br />1.6 "Design Review Committee" means the committee of the Master Association that <br />makes determinations concerning design and architectural standards for the Property as provided <br />in Section 8.2.2. <br />1.7 "Dwelling" means all or part of a Building consisting of one or more floors, <br />which is intended for separate ownership as a single-family residence, and constituting or located <br />within a Unit. A Dwelling may be (i) a detached single-family residential structure, or (ii) one of <br />multiple residences within a Building. <br />1.8 "Improvement" means any physical improvement of any kind, including without <br />limitation any Building, wall, fence, retaining wall, sign, enclosure, screening, utilities system, <br />communications system, irrigation or drainage system, pond, roadway, trail, planting, <br />landscaping, or any other type of structure or physical improvement, and any additions or <br />changes thereto, located on the Property. <br />1.9 "Master Assessments" means, collectively, all assessments levied (i) by operation <br />of the Master Governing Documents, or (ii) by the Master Association pursuant to Section 6. <br />1.10 "Master Association" means Adelaide Landing Master Association, a nonprofit <br />corporation created pursuant to, the Minnesota Nonprofit Corporation Act, Minnesota Statutes <br />2 <br />2190398.v1 <br />