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' R~CEIPT, ACKNOWLEDGltENT, ASSUMPTION AND ACCEPTANCE OF PURCHAS_ER ~
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Purchaser, by acceptance and execution of this Receipt, acknowledges ;
Chat this purchase of a condominium unit at OCEAN VILLAGE OF NUTCHINSON ISLAN~ ~
is sub~ect ir every respect to the Declaration of Condominium as to the condominium ~
in which his unit is located a~d Exhibits attached thereto, including but not i
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; cony 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 t
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-
ment 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 aforedescrihed
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 Restricitons 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 coaenon expenses and the sums due under the Property Owner's 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.
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IN WITNESS WHERE Purchaser has h° eunto set his hand(s) and seal(s) ~
this ZF day of c.~l~_ , 197~. '
Signed, sealed and delivered ~
in the presence of: . .
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~ THIS INSTRUMENT PREPARED BY:
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~ JOHN F. FLANIGAN, ESQ. ' nr,~r:~p., ~_1 i
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707 North Flagler Drive ~ ; f~ , „'S T
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West Palm Beaeh, Florida 33401 ' ~ ` _
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