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ItECEIPT, A~K:~OL~IL~DGtiCNT, ASSU~IPTIOV AND ACCEPTAVC~ 3Y PURCI?AS~R
Purchaser, by acccpt~~ce and execution of this Receipt,
acknowledges that this purchase of a condominium unit at~OCEAN
~~ILLIIGC OF IIUTCHINSON ISLA:JD is subject in every respect to the
Declaration of Condominium as to the condominium in which liis unit
is located and ~xhibits attached thereto, including Uut not limited
to (whether the same are attached to the Declaration or referrea to
therein), the By-Lacas of the Association, Articles of Incorporation,
the Rules and Regulatio~s, copy of projected operating budget, copy
of sales brochure and floor plan of apartment purchased by Purchaser,
and all Amendments 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 budget, sales brochure and floor plan,
and acknowledges that each and every provision of the foregoing is
essential to the successful operation and management of 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 ot the terms and provisions of said Declaration of Condominiwn
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 ~aid Pur-
chaser acknowledges and confirms that the Declaration of Covenants
and Restrictions of the Property Owners' Association has encumbered
and ir.?pressed a lien upon the Condominium 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 and said Purchaser assumes the obligations as to the Property
Owners' Association as to 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 common expenses and the sums due under the
Property Owners' Association and other charges are estimated only.
No warranty or guaranty is made or intended, nor may or,e be relied
except~where the same is specifically warranted or guaranteed in ~
~ said Declaration of Condominium and the Exhibits attached thereto. ~
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; II1 F7ITNESS 6+~iEREOF, Purchaser has hereunto set its hand ( s) ~
f and seal ( s) thi s lst day of April , 1 g 7 S , ~
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~ Signed, sealed and deliv ed ^ q
y in the presence of : ~ f
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~ ' Pete Smit /
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~ ~ As t ot Dolores Ann Smith
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` T~iIS INSTRU~:ENT PREPARED BY: ~
~ JOHN F. FL~VIGI~~J, ESQ. ~
i 7 07 NORTFi T'LEIGLER DRIV~ ~
' t9EST PALt~I BEACH, FLORIDA 33401 ~ ~
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