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HomeMy WebLinkAbout1007 ~u.~Lit~r, n~ _n~~~.~:~x~U•tiNi~ nti, , u~ri~x~ ~~tii, nc: ~r~UU:~: ur~ i~uit~iU~Siai ' 1'urch;iscr, h~~ .~cc~~?t.:iitce an~l ~~~c~cut ic~~i ~f t.l~i~: Rc•cc•i~~t ,;?~~Et,-~t,ic<1}~~..; tltat: t:hie ~x~rchasc of .t r~n~cl~inini~un ~~~~i t ~t (X:IaW \~I IJ~~~;I' s)i' Ill?Ii.IIIN':!~N I.`:t ,;P!I? is st~bjecC in every re~~~c~ct to tl~c 1~~~~I~~rati~ii ~f (:~n~l~,mini~n~? e~~ th~ cc~r~~l~,mi~iitm , in ~vhich his tu~it is locatecl znd l:.~liil~its att:~riic~i tl~crcl~~ i»~_:lu~li»~ i~~it nat ] imited to (whether the s:~me are attachcd to tiic lk~cir~r~t ioii of rcCcrrr.cl t~ tl~crein), tlte 13y-la~JS oC the /lssoci.~ti~n Arlicles c?f Inror~K~:-:~tini~, thc it~~lcs ~~~d Itc~i~lations, co~~y oF ~,rojected o~~eraiti?~~~ buels;cl, c~~~y ~f ~.~Ies !ii-rcl~cn~~~ r~iicl fl~,~r plan of a~~ai-tmcnt ~,urcha~~cl hy I'~n-ch,~~cr, aiul ;~11 nmc~nclmctits t~ thc ~~f~~rc~~i~l Ik- claration aiul I:xhihits an~) the Articlc~ ~f liicc~r~,~~rat i~~~~, li~•-I„~?J~: anrl f~~•cl:?r.~tion o(' Covenants ~ncl Itestrictions of tl?e,!'r~~~crty (A.~~er'~ /le«ri:ilic,i~; ,~rnl i~~rch:~~~r fe~rther acknowlecl~;es mcei~~t oC ~ncl rr:icli»~ :~i~cl -ex:nnin:~ti~m of ~c~icl I~ecl:~rat i~~~~~ its TYhibits, a»d budget, s:~le~ hrochure .~i~~l fl~or.~~lart, t~i~~l .~cki~~i~rlccli~e~ tliat cach ancl every provision of the fore~;oin~; is essential Cc~ tl~e suces~ftil ~~~~•ratioi~ ancl m:ina6e- me~lt of tlte Coildominit~m pro~~crty a~id is in thc hest ititcrests ancl for ll~c hc~icfit of • al l the o~.~ners therein . 1'~irchaser ~ncl a 11 o~.~~crs o f ~~a rce 1 s i ii t he a fore~le~c r i bed Condominium cot~enant and :i~rcc to ~hidc i~y ~;~ch .~ncl e~?c~r~• ~~crn~i~inn ~C ~:ii~l l~eclar- atioii oF Coi~dominiinn ~uicl l:xhibits atlachc•cl tlti~i~rt~. 1'~i~ch;i~:cr l~cicl~~• r~t.il~ic~ :~ncl confirms attcl a~~~~rove~ ,~11 ~f the ternts ;~nel ~~mvisioiis ~f saicl 1?~cl~rat i~m ol~ (~c~ndo- } mini~nn 111ti I:xhibits :~lt.~cl~~d therct.a, ~n~l a~;rres tl~ar tlic a~scc~u~~?~t ~.~~~~i~~~- t1,~~ i Property (~aners' Assoc i at i nn doc~m~ent s rc (errcci t a abo~~c :incl ~lie ~,r~~~ i ~ i~i~~= t I~,~reof i ai~e resonahlc, f~ir an~l cc~ui.table, .u~cl ~~~icl 1'~~rch:~scr :ic-krn~~:lccl~;~s .~nci Cnll~illfl~ ; that the 1?eclaration ~f Co~•encints ancl Itest ricti~ns ~f t.l~e 1`r~~~ert~~ (?+~n~~r~' /1~ ,oriatioi~ ? has e»cwnbered ancl inq~re~~e~l a 1 ien uE,~n the (:rn~~iomini~nn ~r,ircrl hri?i~, c~t~~e~•ecl r~ ! . R~rchaser, a5 sccurit:y for his oUli~;ati~n~ ~mclrr tl~c sai~ lkcl.~r:~t i~n oC (:~,~•~n~iitits and Restrictions of thc 1'm~~crty fh~?~crs' /1~~ori;~t:iore ancl ~;~ic) 1'~~1,-1?~~~cr a~~~m?<~~ the ohlif;1Y1O11S as to thc !'r~,~,crty (1~.~mcr~' A~~~ci:~~in~~ :i~ to l~is c~•~~clnmi:}i~on ~~;~rcrl. I'~irchascr c~mCin~~~ th:~t t~11 i~~arranti~~s, rc~~rc~cnt;it i~~ns ~ncl incliic-~~{?~rnt~. i( ni~y, are : a~ cantained in the afc~r~s~ici l~clar:it i~n ~f t'c,nclominium :n~el l~~hihit~ ;itt:~c~l~r-1 tliere- ~ to, ancl the co+nnon cxpc:~~cs ancl thc st.un~ duc ~u~cl~r tl~c I'r~,~~rrty (h.i?cr'~ ;~~~c~~-i.~tirnt { anel other char~es are e~timatecl oitl~-. P:c~ w.~rr;~~~t~• nr f;~cirant~• is m;~cie ~?r int~~iulecl ~ nor may one I~e rel iecl exce~~t ~.here the ~:+me i~ SE~eci f ic~~~ I 1 v?.:~rt~:~nt ecl or ~;uarai~teed - in said lleclaration o£ Conclominiwn aiul tlie L'xl~ibits aCtachecl tl~ere~o. IN IV1~iNLi55 t~11LiIt1:0 ~ 1'urcliascr l~a~ hcrcunto seL his h:tncl(~) ancl seal (s) i ~ this clay. of , 197~. Sign~cl, ~c,~l~d arul clclivcrecl . in t1~e ~resc~ice of : i ~ " , ~ 1 ~ ~ ~ ~ ~ ~k J1L) ~ ~ ) , ~ ~ Donald E. Shelby ~ (2) t~- ? ~ (st~~.) ~ R. Itara Shelby a 711IS 1NS~1'{tUh1tN1' I'ltl:l'lUtLU BY : . ~ JfNW 1'. 1~Lt1NIf~i1N, I~S~)• ~ 7(?7 h'orth l~I.~t;ler 1?ri.-~~ ~ titiest 1'alm I3each, l~loi'ic1.i 334U1 ~ ' ~ i _ ~ f ~ ~ i ~ ~ ~ N, ~ <ti . ' ~ ~ . ~ :~Te . . ~ i ~ i ~ ~ 3~t~.K ~ r~r; ~oo~ ~ ~ .-~'s ~ ~ V~ ~ ~