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1.23 "Member Representative" is the person, and/or alternative person, registered <br />pursuant to Section 2.2 of the Master Bylaws to cast a Member's vote in matters to be voted <br />upon by Members of the Master Association. <br />1.24 "Mortgagee" means a Person that is the holder of a loan secured by a mortgage on <br />any Unit, and its successors and assigns. <br />1.25 "Neighborhood" a part of the Property, containing one or more Units, that is <br />designated as a Neighborhood in accordance with Section 3.3. <br />1.26 "Neighborhood Assessment" means a Master Assessment levied against a certain <br />Neighborhood Association, but not all Neighborhood Associations, in accordance with Section <br />6.4. <br />1.27 "Neighborhood Association" means an owners' association governing a certain <br />Neighborhood. <br />1.28 "Neighborhood Board" means the Board of Directors of a Neighborhood <br />Association. <br />1.29 "Neighborhood Common Expenses" means all expenditures made or liabilities <br />incurred by a Neighborhood Association for the benefit of that Neighborhood, and incident to the <br />operation of that Neighborhood. <br />1.30 "Neighborhood Declaration" means a declaration or similar recorded instrument <br />containing covenants, conditions, restrictions and easements establishing or governing a certain <br />Neighborhood. <br />1.31 "Neighborhood Developer" means a Person (i) that acquires Property from the <br />Master Developer for development of a Neighborhood, and (ii) that is named as the developer or <br />declarant in a Neighborhood Declaration relating to the acquired Property. <br />1.32 "Neighborhood Governing Documents" means the articles of incorporation, <br />bylaws, and Neighborhood Declaration, creating or governing a Neighborhood. <br />1.33 "Neighborhood Property" means real property which is subject to a Neighborhood <br />Declaration. <br />1.34 "Neighborhood Rules" means rules approved from time to time by a <br />Neighborhood Board, which only apply to a particular Neighborhood. <br />1.35 "Occupant" means any person other than an Owner occupying a Dwelling. <br />1.36 "Owner" means the owner of a Unit. The term "Owner" shall exclude <br />Mortgagees, contract for deed vendors, holders of reversionary or remainder interests and other <br />secured parties within the meaning of MCIOA. The term "Owner" includes contract for deed <br />vendees and holders of a life estate. <br />1.37 "Person" means a natural person, corporation, limited liability company, <br />partnership, limited liability partnership, trust or other legal entity. <br />4 <br />2190398.v1 <br />