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HomeMy WebLinkAbout0896 RECEIPT, ACKNOWLEDGMEN7, ASSUMPTION APlD ACCEPTANCE BY PURCNASER Purchaser, by acceptance and executfon of.this Receipt, acknowledges that this purchase of a condominium unit at OCEAN YILLAGE OF HUTCHINSQN ISLAND is sub~ect in every respect to the Declaratio~ of Condominiwn as t~o the condominium in which his unit is located and Exhibits attached thereto, including but not limited to (whether the same are attached'to the Declaration or referred to thereinj, the By- Laws of the Association, Articles of Incorporation, the Rules and Regulations, copy of pro~ected operatfng budget „ copy of sales brochure and floor pian of apartment lbits and the Articies o€ Incorporation, 8y-Laws and Declaration of Covenants and Restrictions of the Property Owners' Associatlon; and Purchaser further acknowledges receipt of and readi~g and examination of said Declarat~on, 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 Condominium property and is in the best ir~terests and for the be~efit of all the owners therein. Purchaser and all owners of parcels in the af.oredescribed Condominium covenant and agree to abide by each and every provision of said Decl:aration of Condamini~n and Exhibfts attached thereto. PurcF~aser hereby ratifies and confirms and approves all of the terms and provisions of said Declaration of Condominium and Exhibits attached thereto, and agrees that the assessment under the Property Owners' Association docunents referred to above and the provisions thereof are reasonable, fair and equitable, and said Purchaser acknowledges - and confi-rms that the Declaration of Covenants and Restrictions of the Propertiy (~mers' ~ Association has encumbered and impressed a iien upon the Condominium parcei being conveyed to Purchaser, as security for his obiigations under the said Qeclaration of Covenants and Restrictions of the Property Owners' Association and said Purchaser asswnes the obligations as to the Property Owners' Association as to his condominium parcel. Purchaser confirms that all warrant~es, representations and inducements, if any, are ~ as contained in the aforesaid Declaration of Condominium and Exhibits attached there-- to, and the caimon 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 specificaily warranted or guaranteed in said Declaration of Condominium and the Exhibits attached thereto.`~ - IN WI~NES WHEREOF, Purchaser~has hereunto set his hand(S) and seal(S) .I~ this ~ t day of . J V f?~~ , 1978, Signed, sealed and delivered . ~ in the ,esence of: ~ , _ • ~ ~ ) _G ~ ( SEAL ) • Ceci]ia L. DiBuono . 1 ir~./I~i~~ (SEAL) ~ THIS INSTRUMENT PREPARED BY: - John F. Flanigan, Esquire 707 North Flagler Drive West Palm Beach, ft 33401 ~ ~ ~ ~ ~~~r.2'~~ F~t ~~J . ~ - ~ ~ , ~