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REC~IPT, rCK:~OtaLGDC:•iI:?1T, ASSU!II'TIO~I A?~D I~CCEPTIIVCC '3Y PURCI:ASCR ~
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Purchaser, b~ acceptance and execution of thi5 Receipt, i
ackiio~~rledges thzt this pur~hase of a conctaminium unit at OCL-'AN ~
VILL.~IGC O~' lIU`iCF[It1S0:7 TSL1i:~U is subject in evcr~? respect to the
Ueclaration of Condominiu:n as to the condominium in wttich liis unit
is located aild Exhibits attaclied t;~ereto, inclacling but not limited
to (c~~hether tl~e sar:te arc attached to the Ucclar~tion or referred to i
t}ierein) , tl~c ny-Laws of the As~oeiation, Article ~ of Inc:orporation. ;
the Ru~cs anc? Regulations, copy of projec~ed operating L-udge~, copy
of sales broc:hure and f loor plan of apar~.ment purcl:~scd by Purchaser,
and a11 l~mpndments to the a~oresaid Declar~ztion and Exhibits and the
Articles of Incorporation, By--La~os and Declarati~n oF Covenants and
Restrictions of the Pro~~rty Oa~ners' l~ss~ciation; and Yurchaser
further ackno:•rleciqes receipt of and reading and examination of said
Ueclar~7tion, its Exhibits, and buc~get, s~iles brochure and f loor plan,
and acknoc,~l~dg~s that cach and every pxovision oL- the foregoing is
essential ta thc: succes~~ul operati.on and management of tne Condo-
minium prop~rty ana is in the best interests and for the benef it of
all the o~aners thcrcin. Purchaser and all ocaners of parcels in the
aforedescribed Condon~nium covenant and agree to abide b}~ each and
ever}• provi~ion of said Declaration of Condoinini_um and Exhibits
at~uched tliereto. Purchaser hereby ratifies aiid confirms and approves
all of tlie terms and nrovisions of said Declar~tion of Condominium
and Exhibi t.~ attached thereto, and agrees that the assessr.:ent under.
the Property O:•mers' Association documents ref erred to above and the ~
provisions thcreof arc reasonable, fair and eguitable, and said Pur-
ehaser ac};no:~Iedge:; and conf ir~s that tlic Declaration of Covenants
and Restrict~ons of thc Propert1? O:aners' Associatian has encumbercd
anci ir.~pressed a lien upon the Condominium parcel being conv~yed to
Purchascr, as securiL-y for his oL-liga~ians un3cr t:~e s3~d ~e;.lar~- ,
tion Cov~r.~.nts and Kestrictia:ls oi tile YrUj'"~.~.L'~y i~.•;.ie.i5= t?JJ~CiGl~ j
tion znd said Pur.chas~r assumes the obligations as to the Property ;
Owners' Association as to nis condoriini~~m parcel. Purchaser eon~irr.is j
that all ~~arranties, repr_e~entations anct in~ucements if any, are as
co:~t~ained in the aforesaid Declaration of Condo:ninium and Exhibits
attached there~o; and the co;r,mon expen~es and the sums due under the y
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Propcrty 0?•mers' Association ar.d other c}~arges are estir,?ated only. :
No ~:~arranty or guaranty is made or intended, ;?or may one be relien ~
except c,~h~re the same is specifically ~•larrante~ or g"uaranteed in
said Declardticn of Condominiun and the E~:hibits attached thereto. Y
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IIJ ~•7ITIJ~SS ~~:F3ER~OF, Purchaser i~as hcreunto set its h~nd (s)
~nd seal this ~ day of December , 197 5. `
Signed, sealeci and delivered
in the presence of-:
(1) ~-~'c,,v'~-' ~C~t- ,a.~,_._~--t~---~ ~ ~~.~c,~~'~ ~ i
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