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RCCL=Ik'T, ACt~tiIY~~I.lill:a~iG'V'[', ASSIf:•1!'['IOV ~1:~~) l~CCG('1'~1,`.C(i IiY {'U(:(ll,~~f:It
I'urchaser, by acceptance ancl execution of this Receipt, acla?o~rlec~f;es
tir,~t this purchase of 1 conclomini~sn unit at OC:EIW ~`ILLA(~f 0~ fiUfCilI\SOV ISLA~D is
subject iri ever~• respect to the l~eclzratio~i of Catclominiw~ as to the co~~do~~~ini~n
i~n which his tmit is loc«ted and I:xl~ibits .~ttachcd thcreto, i»cluclinc; U~it not
limitecl to (wi~ethe:r the same are attached to the Ik~claratioii °1tionC1 the Rules and
thercin), tj?c I3y-La~as of tlic /tssociation, Articlcs of Incorro
Fegul~tions, copy of projected operatit~~; budget, copy of sales brochure a~ld floor
pl an of apartment purchasea by Purchaser, and all Amenclments to tlie ~Ioreszid Dc-
claration and Cxhibits ancl the Ai•ticlcs of Incorporztion, I3y-La?,~5 ar:a n~~izrlt~o~~
o£ Ce~~enants a~id Festrictions of the Proj~erty O~.~ners' Association; aild I'u:cfiaser
further ackno~~rledges receipt of and reading and exar~in~tion ot sa~id ikclaration, its
Exhibits, and bucl~et, sales brochure and filoo: plan, ~?nd aclano~~lec!pes tliat each and
every provision of the fore~oins is essential to tl~e success ful o;~eration ~nd r:~~.-~age-
ment of tlie Condomini~ property and is in the best interests and for the benefit of
all the o~~ners tlicrzin. I'urchaser and all. oti.~ners of parcels ~in tl~e lforedescribed
Condomi.nium covenant and a>ree to abide by each and every provision of said Declar-
ation of Condominium and E.1liibits attached thereto. Purchaser hereby ratifies and
con~inns and approves all oF the terms and provisions of saicl lleclarati~n of Condo-
miniu.m and Exliibits attached thereto, and agrees tliat the assess~r.ent Lmd~r the
property U~nners' Association doc~m?ents relerred to above and the provisions tliereof
are reasonable, fair and e uitable and said Purchaser acl~ot~ledpes and confirnu
that the Dzclaration of Covenants and ttes~rictions of the Property U~nzrs' Associ-
ation has encuml~ered and impressed a lien upon the Gondominium parcel bein~ conveyed
to Purchaser, as security for his obligations uncler the ~aid I?~claration of Cove;~ants
and Restrietions of the Property R.~ners' Associatio:~ and said 1'urcllas°r assucr,es the
obli~ations as to the Prop°rty O~~ners' Association as to his condominiu.m parcel.
Purchaser confirrRS that all ~:arranties, representations and inducements, if any, are
as 'contained in the aforesaid Declaratio~ of Condominium i1T1Cl C1~11U1LS attached there-
to, and the comrnon expenses and the sur,u due under the Property O~~ners' Association
and other charges are estimated only. ~~rarranty or guaranty is i~aue or iiitendecl,
nor r.~y one be relied except ~.~ere tlie sar.~e ~is specifically i~~arranted or guar~nteed
in said Declaration of Condominiu~: and tlie kxltibits attached thereto.
IN 1~'ITNESS 1~'HE[tEOF, F~irchaser has hereunto set his hand (s) a~id seal (s)
I ~ , 197 8 .
this_= ay of
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S'TEPf~T1 I~ff-I?~RUFSKY
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~ JOcN F. ~I.ANIGAi~, ESQ• . ~
: 707 ~orth 2~laglei- Drivc
- l~fest P.ilm Beach, l~lorid~: 33401
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