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RECL'Ii'T, ACK:JO~•1LCDG:•ICr1T, ASSUt1PTTOV 11t2D 11CC~1''t'AVCr T3Y PURCt'RSER ;
Purcliasc~r, by ~ceep~~-~nce and e~:ecu~i.on of this Receipt,
ackno~~ledgcs ~hat this pur.chase of a condominium unit at OCEAN
VILLIICC O1' IIUTGHINSOPl YST,A:JD i~ subject in every r~:spect to the ~
Uecl.aration o~ Conciominiuai as ~o tlie candominium i~i wtiich his unit
is locatcd and ~x}iiUits attaclied t:~ereto, including but not limited
to (ti•~het}icr thc sar.ie are attachcd to tlie D~~claration or r~fcrred to
therein}, the IIy-La~rs of the AssociaL•ion, Articles of Incorporation, ;
the Rulcs and Regulations, copy of projecreci operatinc~ bud~et, copy
of sales brochure and floor plan of apartment purcl:.~sed by Purchaser.,
and all Amendments to tl~n aforesaid Ueclaration and E:tl~ibits and the
Articles oL In~orporation, By-Laws and Declaration of Covenants and
Restrictions o~ the Propert}~ Da~ncrs' Association; and Purchaser
further acknocrledges receipt of and reading and exainin,3tion o£ said
Declaration, its ~xhibits, and budget_, sales brochure and floor plan,
and ackno~~ledges that each and every provision of the foregoing is '
essential to the successful operstion and management of tne Condo-
minium properzy and is ir? the best interests and for tlie benef it of
all the oc,r;~ers thcrein. Purchaser and all owners of parcels in the
aforedescribed Condoz?~nium covenant and agree to abide by each and
ev~ry provi~ion of said Declaratio:~ of Conda~inium and Exhibits
attached thereto. Purchaser hereby rati.f-ies and con~irms and anproves
all of the terms and ~arovisions of said Declar~tion af Condominium
a~id E~;hibits attached~thereto, and agrees that the assessment under
thc Property Oz•~ners' Association documenLS referred to above and the
provisions thereof are reasonable, fair and equitable, and said Pur-
chaser acknawledges and con£irr,ls that the Declaration of Covenants
and Restrictions o~ the Prop~rty O:Yners'.Association has encumbered
~ and ir.~pressed a Iien upon the Condominium parccl being con~~eyed to
~'urchaser, as security for iis obliga`icn~ u.^.~er the said ~eclar~-
tion oi Cot~enants and Kestrictions of ti~t Pro~~~rc.y U:.zi~rs' Associa-
tion anc~ said Purchaser as~umes t2ie obligations as ~o the Property
Owners' Association as to his condominium parcel. Purchaser confirr.?s
that all ~~arranties, representations and inducements if any, are as
contained i:~ the aforesaid Declaration of Conciominiu:n ar.d E::hibits
attach~d there~o, and the com.mon expenses and the sum~ du~: under the
Property Owners' ]lssociation and other charges are estir,lated only.
No ~•~arranty or guaranty is r:iade or intended, nor may one be relied
except ~~here tlie ~ame is speci£ically warranted or guaranteed in
said Declaration of Condor:~iniur.i and the Exhibits attached thereto.
Iid ~7ITidESS ~~II~REOF, 'Pure ser has ti~reunto set its }1ar~d (s) -
and seal this 1- day of r- ,].97=~;
Signed, ealed and delivered
in the ,~esence of : / F_
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TIII S II~STP.i.i!'.F.rIT P REPI~F.ED BY :
JOIIi•d F'. F'L:~:•:IGI~?J, i.:SQ.
707 I~7U~Z'I'Fi ''~.::GLI:it i7RIV~
. t-JLST PJ1L!-I F~i'tlCii, t'LORIDA 33901 .
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a~K~4~, PAGE 650
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