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RECEIPT, ACKN0~4L~DG:KCNT, ASSUtIPTIOV RND ACCEPTI~VCC IIY PURCfIAS~R `t
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Purchaser, by acceptance a~d execution of this Receipt, ~
acknowledges that this purchase of a condominium unit at OCEAN 1
VILLAGC OF HUTCHINSON ISLAt~D is subject in every respect to the 3
Declaration of Condomiriium as to the condominium in which his unit
is located and ~xhibits attached thereto, including Uut not limited
to (whether the same are attached to the Declaration or referred to
therein), the By-Laws of the Association, Articles of Incorporation,
the Rules and Regulations, copy of projected operating budget, copy
of sales brochure and floor plan of apartment purchased by Purchaser, ~
and all Amen~dtnents to the aforesaid Declaration and Exhibits and the .
~ Articles of Incorporation, By-Laws and Declaration of Covenants and ~
~ Restrictions of the Property Owners' Association; and Purchaser ~
further acknowledges receipt of and reading and examination of said
- Declaration, its Exhibits, and budqet, sales brochure and floor plan,
and acknowledges that each and every provi§ion of the foregoinq is _
essential to the successful operation and management o~ the Condo-
minium property and is in the best interests and for the benef it of
all the owners therein. Purchaser and all owners of parcels in the
aforedescribed Condominium covenant and agree-to abide by each and
every provision of said Declaration of Condominium and Exhibits
attached thereto. Purchaser hereby ratifies and confirms and approves
all of the terms and provisions of said Ueclaration of Condominiwa
and Exhibits attached thereto, and agrees that the assessment under .
the Property Owners' Association documents referred to above and the
provisions thereof are reasonable, fair and equitable, and said Pur--
chaser acknowledges and confirms that the Declaration af Covenants~
and Restrictions of the Property Owners' Association has encumbered
and ir.ipressed a lien upon the ~ Condo~r?inium parcel being conveyed. to
Purchaser, as security for his obligations under~the said Declara-
tion of Covenants and Restrictions of the Property Owners' Associa-
tion ahd said Purchaser assumes the obligations as to the Property
Owners' Association as ~o his condominium parcel. Purchaser confirms
that all warranties, representations and inducements if any, are as ~
! contained in the aforesaid Declaration of Condominium and Exhibits
~ attached thereto, and the com,-non expenses and the sums due under the .
~ Property Owners' Association and other charges are estimated only.
p No warranty or guaranty is made or intended, nor may one be relied `
~ except where the same is specifically warrar.~ted or guaranteed in ~
said Declaration of Condominium and the Exhibits attached thereto. ;
II1 WITNE S Jr3NEREOF, Purch er has hereunto set its and (s)
and seal(s) this day of ~ 197 " ~
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Signed, sealed and d'vered ~ t
in the presence o - ~
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Joe . Rrchnak ~
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As to o ~ via N. Rrchnak z
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~ T~iIS INSTRUt•:ENT PREPAREll BY : `
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~ JOHN F. FLAVIGA~, ESQ. '
I07 NORT~; FLAGL~R ~RIVE f
1:::~;T P.'~i,t•1 F~i.ICN, FLORIDA 3340? ~
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~1T111 ~ 81t1 i: . COX
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As to Both Florence R. Cox -
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