HomeMy WebLinkAbout0166 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 HUTCHINSON 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
Ragulations, copy o[ 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 Awner'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 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 aforedescribe8
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 fort his obligations under the said Declaration of Covenants
and Restriciions 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 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 WITNESS WHEREOF, Purchaser has hereunto set his hand(s) and seal(s)
this X ~ day of De~Anhpr , 197.
Signed, sealed and delivered
sin the presence of:
-
~ ~ ~ ~
~ (1) ~ ~ ~ /C~ . L~ . (SEAL)
I~IH DR[M"ixID
- (2 YC C'~~.~!~-1~~~ X - ~ I . ! (SEAL)
~ II.. D~zu~aND
_ _ - - _ r'9T9 pF 4 ~'j1~'
.C 3~ py 36
STATE OF VIItGINIA ) SS 1 rF E1 A CO(
yTY F[s
~C'.r~ o/f~ ) POITRq A.
6~i~ OF?~ RoA,v ) ~fl1UCIRC!!Il COURT
'RE'BOI?O:VERIF~EO_`
BEFORE ME, the undersigned authority, personally appeared
K~u'ti'E'ITri I>:tL'~i~L'li~ID and EL~i DRUP21~1D, as to an undi«ded 1/2 interest,
as ioint tenants with ruts of stn-vivorship ,'to me well
known to be the individual(s) described in and who executed the foregoing instrument,
~a
and the acknowledged before me that a executed the same freely and
voluntarily for the purposes therein expressed.
~ ~C.~[yy
WITNESS my hand and official seal at the State and Cea~4l~? agoresaid
this ~ day of December 19 79 s -
~ ~
OTARY PUBLIC ~ ` `
• ' . ~.75~'~`'v:1ENf PREPARED EY: M( COI~4iISSION EXPIRES: X aZ"
_ ~{r .
JOHN F. FLANIGAN, ESQ. ~ '
707 North Flagler Drive - (1R~ peGE
- - - , _ annit