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HomeMy WebLinkAbout1908 RECEIPT, ACKNOWLEDGMENT, ASSUMPTION AND ACCEPTANCE OF PURCHASER Purchaser, by acceptance and execution of this Receipt, acknowledges that this purchase of a condominium unit at OCEAN VILLAGE OF HUTCHINSO~ ISLAND is subject in every respect to the Declaration of Condominium as to 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 of referred to therein), the By-laws of the Association Articles of Incorporation, the Rules and Regulations, copy of projected operating budget, copy of sales brochure and floor plan of apartment purchased by Purchaser, and all Amendments to the aforesaid De- claration and Exhibits and the Articles of Incorporation, By-Laws and Declaration of Covenants and Restrictions of the Property Owner's Association; and Purchaser further acknowledges receipt of and reading and examination of said Declaration, its E 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. manage- went of the Condominium 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 Condominium covenant and agree to abide by each and every provision of said Declar- ation of Condominium and Exhibits attached thereto. Purchaser hereby ratifies and confirms and approves all of the terms and provisions of said Declaration of Condo- minium and Exhibits attached thereto, and agrees that the assessment under the Property Owner's Association documents referred to above and the provisions thereof are reasonable, fair and equitable, and said Purchaser acknowledges and confirms that the Declaration of Covenants and Restrictions of the Property Owner's Association has encumbered and impressed a lien upon the Condominium parcel being conveyed to Purchaser, as security for his obligations under the said Declaration of Covenants and Restrictions of the Property Owners' Association and said Purchaser assumes the obligations as to the Property Owner's Association as to his condominium parcel. Purchaser confirms that all warranties, representations and inducements, if any, are as contained in the aforesaid Declaration of Condominium and Exhibits attached there- to, and the common expenses and the sums due under the Property Owner's Association # and other charges are stimated only. No warranty or guaranty is made or intended nor may one be relied a ept where the same is specifically warranted or guaranteed in said Declaration of Co dominium and the Exhibits attached thereto. f IN WITNESS WHEREOF, Purchaser has hereunto set his hand(s) and seal(s) this day of April 197. Signed, sealed and delivered in the presence of: ' - (1) ~ ! (SEAL). Neal et R./Hal 1 Christine B. Hall THIS INSTRUMENT PREPARED BY: t ~ JOHN F. FLANIGAN, ESQ. 707 North Flagler Drive West~Palm Beach, Florida 33401 t } f S S i 3 i r s i 1 { µ ~ S t 7 (;y ~ ~OVl~iI~/V 's _,s