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It!:CF:IL'T, ACK;70Z1I~I:DG:•tCt~'I', ASSi1:11''1`IO:J l~'_ID ACCF:C'I'T~`.Cr 3Y I'URCt:F.SrR
Purchascr, by ~ZCCC;~tance and exec~~tion oE this Receipt~
~:c}:nowlcc~gc~s t:hat tliis purct~a~c of a condo:ninium unit at OCEAtJ
VII.I.ACC OC I1U'~''C~II:;SO:7 ISI.~1!;D i:; subject in ~vcr~~ rE:spec~t to the
Ucclaration of Cando:~iniu+~ as to the condominium in which his unit
is ~ocatcd and ~~;hibits a:.tachcc~ thereto, includinq but not limited
i:o (~~~}iether thc~ sar.te arc zttachecl to the [~eclaration or refcrred to
t1~~.r.cin) , thc I3y-Lac•:s of thc ~ssociation, .'lrticles of Incorporation,
the Irule~ an3 Reg~alations, cot y oi projected opcrating 2~udget, coay
oi sales brochure and iloor plan of a~artment purci:~sed by.Purchaser,
' ancl all l~.*a~nd~ents to t}~c afaresai.d Declar~~:tion and Exhibits and the
Articles oi Incorpor~~tion, ~y-Laws and Dcc~.aration of Covcnants and
R~strictians of the I'ro~er~y Uti•~ners' Association; and Purehaser
further acknoc~Iedges rGCeip~ of and readinq and examination of said
lleclaration, its Eahibits, and Uudget, sales bro~hure and _floor plan,
and ackno~c].e~ges that each and every provision of the foregoing is
essential to the successful op^ration ana manage~ent of tne Condo-
minium propzrzy and is in the best interests and for the benefit of
all the oa~ner~ therein. Purchaser and all otan~rs of parcels in the
afor.edescribed Condo7~nium covenant and agree to abide b}~ each and
every provision of said D~claration of Condominiurt and E~:hibits
attached thereto. l~urchasen c~reby ratifies and con€irr~s and approves
all of the terms and provisions of sa~.d ~DecZara~~ion of Condor:iinium
and Exhibits attached thereto; and agrees that the assessment under ~
the Property Owners' Association docum~nts referred to abave and the
provisions thereoi ar~ r~asonable, fair and equitab-le, an3 said Pur-
chaser acl:nac,rledges and ronfirr.is that the Declara~ion of Covenants
~ T----~------+-;••..~ ~f thr~ Pro~~7[tV O:mers' r~ssociation has encumberc:d
till(1 t~t~J a.t i~. ~.~v....
and inpressed a lien upon the Conclominium parcel being conveyed co
Purchaser, as securitv for his obliga~ions uz3er the s~~~? ~ectara-
tion oi Covenants and Itestrictioiis oi t~,e Pro~zxty Ocsners' r,ssoc~~-
tion and ~aid Purchascr assumes the obligatio:~s as;to the Prcperty
Oc~ners' Association as to his condominium parcel. Purchaser conf irr.is
that all ~•~arranties, repre~entations and induce:.^.ents if any, are as
contained ia the aforesaid Declaration of Condo:,iiniu;n ~nd Exhibits
attach~d thereto, and the corr.mon expenses and the sums clue under the
Property O.:ners' Association an~l other charges are esti:~i~ted only.
ivo warranty or guaranty is raade or intended, nor may one be relied
except V~here the same is specifically ~varranted or guaranteed in
said Declaration of Condominiur;i and the Exhibits attach~d thereto.
Iid jrIT21ESS ~7H REOF, Purchaser has hereunto sAt its hand (s) -
and seal (s) this `"a}~ of NoY~~r _ . 197~. -
Signed,,scaled and d~livered ~ ~
in the pr.esence of: " ~
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(1) y~. ~ . ~
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LETITIA N. 0' C~IIdELL _
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to ~3 ?l _ .
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TIIIS Z2~STRUF:~r~T I'REPl~i2ED I3Y:
.70f1iJ F. FL:~~:ICl+?~1, ~LSQ. - -
~ % 07 tJORTIi FL.+GLER i~RIV~
~IL•'~T P71Lt•1 I3EtlCll, :'LOItIDA 339 O1 ' '
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