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property, the Master Governing Documents shall be amended as necessary to fairly allocate Common Expense obligations, voting rights, and memberships. 2.3 Interests Subiect to Plan of Development,, Every Owner and any secured party or other Person holding an interest in a Unit, shall take title or hold such interest subject to Master Declarant' s rights pursuant to this Master Declaration. Notwithstanding anything to the contrary in this Master Declaration, Master Declarant's rights or obligations under the Master Governing Documents may not be changed in whole or in part without prior written consent of Master Declarant, which consent may be granted or denied in Master Declarant's sole and absolute discretion. SECTION 3 ASSOCIATION MEMBERSHIP: RIGHTS AND OBLIGATIONS 3.1 Formation/Purposes/Powers. Master Declarant has caused the Master Association to be formed by the filing of Articles of Incorporation with the State of Minnesota. The Master Association is formed and shall have the power, (i) to monitor and maintain, repair, and replace as necessary the signs and entrance monuments identifying Ramsey Town Center, (ii) to maintain and irrigate boulevard landscaping on the public rights of way identified on Exhibit D attached hereto and other areas, to the extent not delegated to neighborhood association, (iii) to implement and provide mosquito control measures for drainage and ponding areas on the adjacent properties used -for drainage and ponding areas serving Ramsey Town Center, (iv) to administer and enforce the covenants, conditions, restrictions, and other obligations set forth in the Master Governing Documents and the Master Rules, and (v) to cooperate with the Neighborhood Boards and Owners of Nonresidential Units to preserve and enhance the architectural and environmental character and value of the Property, (vi) to secure the insurance provided Section 10, and (vi) to retain professional management to assist in Association Administration. 3.2 Authority and Administration. The operation and administration of the Master Association shall be governed by the Master Governing Documents, the Master Rules, MCIOA and the Minnesota Non -Profit Corporation Act, Minnesota Statutes Chapter 317A (the "Incorporation Act"). The Master Association shall only have the limited powers described in Sections 3.1 and 3.2, unless the powers are expanded in accordance with Section 3.2.4. 1 3.2.1 The Master Association shall have the powers described in the Master Governing Documents, MCIOA, the Nonprofit Corporation Act and any other applicable laws. 3.2.2 All power and authority of the Master Association shall be vested in the Master Board, unless action or approval by the Members is specifically required by the 7 12111057v8 820716 S/15/05