HomeMy WebLinkAbout0402 ~'~~~~nt~•, Fl~~rida, a l~ecl.~ration ~f ('ondominium and that the above described warranty deed shull i:i Addition ;
` t~~ t hr u~~it de.c?•ib~~d alK~~•e nl,o com•~~• .u~ undivided interest in and to, as well as the right of use of~ the com- ;
r„~~~i u~r rl~meut• ~?f ~.~id condomiui~un n` set forth in the same, including the streets~ electrical distribution~
\ ~~;?t~~,• ;,n~l ,~•~~-;~~;r ~ti•tril~ution •~•~1c~m~, z~mi rec?•eational fucilities. In addition, the Purchaser shalt become a
,n~~ml~~r uf the cun~l~~minium :~~•~?~'i.itiun and eiijo~~ :~ll of the rights~ privileges and obligations of such membership.
~ 'I'he Purrha~er i~~;rees that from and nfter the dnte that the lot conveyed herein as ready for occu-
~,;»>rr, h,• ~~~i11 in c~~mn:o~i with aU other oNners of units in said condominium (on a pro rata ownership busis)
- the mai~?ten.uirc .~n~t ~?~~ei•:itional char~es levied by the condominium. including charges for water, electricity~
~~~~~•cra~.•e di.~x?:c~l, h:?.h and ~;.irl,a~;e pickup, building~ ground and road maintenance ar.d land rentals~ all as
~lr:rrih~~~l in ~he l~rrlurutiun of Condominium. Purchaser also agrees from and after date of purchase to pay all
• yi t:~xr. and .i~~e.~n~ent. le~•ied a~ainst said.lot.
~ (G1 The lot ~rhich i~ the sul,ject matter of this contract is restricted to ~use as a parking place for
recre.}tic?n:?1_ rehi~~le unit.. .~~id indicated aforesaid. entitles the Purchaser to me.mbership in a condominiam
.~;.~,ciati~~n, thereby p.u•ticipatin~; in the ownership of certain common use pmperties, including~ but not limited }
t~~, s~~•immin~,? ~wols, l,ath hou~es~ tennis courts~ shut~leboard courts and other recreational facilities, all as
~ describeci in the I~ecl.u•ation of Condominium. The Owner shall also own a proportionate undivided int~rest in
certain common elements. including a water distribution system. sewerage collection system, electrical distri-
bution s~ stem and streets and pathw ays within the condominit~m property. The actual cost of operation of the
~ condominium associ:~tion, such as garl~age collection~ payment of utilitiea and insurance and general maintenance
r, :?i•e included in the expen5es for which rifiht of assessment ia granted to the condominium association against
' c.?ch lot ov~ ner. The imnrovements fo i~e constructed by th Owner. in a p%p~~r~. •/"`,schedule and will Ue completely .
in•talleJ on or before ~ ? r ~ ~ '
The Owner by its execution of ~~its agreement, acknowledges that it has furnished the Purchaser a copy
~~f the I~eclaration of Condominium, and the Purchaser, by his execution of the same, acknowledges that he has
ex:~minecl and has read the same and is familiar with the contents thereof, inclading all limitations as to use
~~f his lot, together with the rights and liabilities incurred as a result of hia membership in the Association.
The Purchaser conclusively acknowledges that he is not using and does not expect to use the lot as his
p?•incipal residence as referred to in the Consumer Credit Protection Act and in the regulations thereunder.
(7) The Purchaser by the execution of this agreement acknowledges receipt of the delivery and the
opportunity to examine the Florida Public Offering Statement.
; (8) The Purchaser warrants and represents that h~ has read and understands the provisions of this
agreement and that he has familiarized himself with the basic restrictions, covenants and conditions affecting the
~ unit above described and all other units in said condominium and further warrants and represents that he will
comply with the same as set forth in the Declaration of Condominium at all times hereafter. The Purchaser
further warrants that the lot is not intended to be used for hia principal residence. ~
(9) The Purehaser has the option to void the contract or agreement if he does not receive this property
report prepared pursuant to the rules and regulations of the Of~'ice of Interstate Land Sales R,egiatration. U. S.
Department of Housing and Urban Development. in advance of, or at the time of, his signing the contract or
agreement. The Purchaser has the right to revoke the contract or agreement within 48 hours after signing the
contract or agreement if he did not receive the property report at least 48 hours before signing the contract or
agreement. This revceation authority shall not apply in the case of a buyer who (1) has received the property re-
port and inspected the lot to be purchased or leased in advance of signing the contract or agreement, and (2) ,
acknowledges by his signature that he has made such inspection and has read and understood such report. E
IN WITNFSS ~'VHEREOF, the parties have hereunto caused this agreement to be executed the day and
year first above written.
WITNESSES: OUT It K B'rS O AMEAICA, INC.
`
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t S y~ a~-vJ'
~ FILE6 AN~ NEC ~ .
~ LtlC1E COUM
.nw_r~ OAt?Q~t__
CIERK CIRCUIT COURT f
RECORO YERtF~EO ~h ers
~ ~ Z 34
STATE OF
COUNTY OF
Before me, the undersigned authority. personally appeared '
to me well known to be the person described in and who executed the foregoing instrument as
of OUTDOOft I~ESORTS OF AMEftICA, INC., a Tennessee corporation, ann he acknowledged before me that
h~ executed such instrument as such officer of said corporation and that the seal aflixed thereto is the corporate
seal of said corporation and that it was af~'i~ced to said instrument bq due and regular corporate authority and
that said instrument is the free act and deed of said corporation. E
Witness my hand and ofi'icial seal at County, ~ this day
of , 19
/ Notary Public
Mq commission expires ° ` ~ f~'
STATE OF -~-~-e~o.~
.
COUNTY OF
Bei m the undersigned a th y, n y ap ~
to me We11~A wn to me to be the indi ' s) d ' in and uted the foregoing inatru-
ment s~~ ~~j~ theY acknowledged befor e he/the executed the e y and voluntarily
.
for thg ~~i~;py ~ ~ i? - . ~r ^ . _ .
,~"""':b.~.o~ y 'al aeal this da of 4_ ~
_ j`. _ j F. ~ `
~ :~~,..,pui~ ~t e,: ~ ; o+~?
gooK ~2? Pac~ 401
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