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HomeMy WebLinkAbout1278 RECEIPT, ACKNOWLEDGMENT, ASSUMP'TION AND ACCEPTANCE OF PURCIIASER Purchaser, by acceptance and execution of this Receipt, acknowledges that this purchase.af a condominium unit at OCEAN VILLAGE OF HUTCNINSON 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 saaie are attached to the Declarati~n of referred to ~ therein), the By-laws of tlie 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 Praperty Owner's Association; and Purchaser further acknowledges receipt of and reading and examination of said Declaration, its Exhibits, and budget, sales brochure and floor plan, and acknowledges ttiat 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 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 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 karranties, representations and indt~cements, if an~, are as contained in the aforesaid Declaration of Condominium and Exhibits attached there- to, and the com~non expenses and the sums due t~nder 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. IN W~TNESS WHEREOF, Purchaser has h~reunto set his hand(s) and seal(s) this ~ day of _/~~y , 197~. i Signed, sealed ar_d delivered ~ in the presence of: i E DANIEL A. SI~iANAITIS and ~ ~1~ ~xA,~«i v ~ DOLORES D. SIMANAITIS (SEAL) ~ - . t ~ ~ ~ ( 2 ) ~„t-l~z'? ~~~L~t2r/ BY ~ ~ ( S EAI.) a e a or ey in fact c`._ THIS INSTRUMENT PREPARED BY: ~ ~ JOHIv F. FLANIGAN, ESQ. 707 North Flagler Drive . West Palm Beach, Florida 33401 ~ s ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ . ~ ~I ~ , ~ ~ ~ 3~R!! 311 ?A;,~. ~ .,~,i / ? t ~ ~