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P.EC:EIP'_`, ACK:70z~tLE0G:~IENT, ASSUt~1PTION ~1ND ACCEPTAVCE BY PURCF'.ASER
Purchaser, by~acceptance and execution of this Receipt,
acknowledges that this purchase of a condominium unit at OCEAN
VILI.AGE OF HUTCHINS027 2SLA:1D is subject in every respect to the
Declaration of Condominium as to the condominium in which his unit
is locnted and ~xhibits attached thereto, includinq but not limited
to (whether the same are attached to the Declaration or referrec~-to
therein), the By-Laws of the Assocfation, Articles of rncorporation,
the Rules and Regulations, copy of projected onerating budget, copy
of sales brochure and floor plan of apartment purchased by Purehaser,
and.all Amendments to the aforesaid Declaration and Exhibits and the
Articles of Incorporation, By--Laws and Declaration of Covenants aad
Restrictions of the Property Owners' Association; and Purchaser
further acknowledqes receipt of and reading and examination of said
Declaration, its Exhibits, and budget,~sales brochure and floor plan,
and acknowledqes that each and every provision of the foregoing is
essential to the succe~sful operation and management of the Condo-
minium property and is in the best interests and for the-benefit of
all the owners therein. Purchaser and all owners of parcels in the .
aforedescribed Condominiwa covenant and aqree to abide by eaeh and ~
every provision of said Decla~ation of Condominium and E1:hibits
attached thereto. Purchaser hereby ratifies and confirms and approves _
all of the terms and provisions of said Declaration of Condominium
and Exhibits attached thereto, and aqrees that the assessment under
the Property Owners' Association dbcwaents referred to above ancl the
provisions thereof are reasonable, fair and equitable, and said Pur-
chaser acknowledges and confirms that the Declaration of Covenants ~
~ and Restrictions of the Property Owner-s' AssociatiQn has encwnbered
and irapressed a lien upon the Condominiuta parcel bei~ng 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 condominiura 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 one be relied
except where the same is specifically warranted or guaranteed in
said Declaration of Condominium and the Exhibits attached thereto.
I21 F7ITNESS WHEREOF, Purchaser has hereunto set its handis)
and seal (s) this _~'day of Fe~~~ , 197~ .
k Signed, sealed and delivered ~
in the pr ence o
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(1)
C. P(~VSEI1.
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(2) . ~
s t Both
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~ THIS INSTRJl:ENT PREPARED BY:
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~ JOHN F. FLAJTIGA~I, ESQ.
~ 707 NORTh FLAGLE~ t~RZVE ~
~ ~IEST PALM BEACH, FLORIOA 33401
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