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RECEIPT, ACIQVOWLEDQ4FNTs ASSUMPTION AND ACCEPTANCE OF PUR(I-iA.SF.R
Purchaser, by acceptance and execution of this Receipt, acknowledges that this
purchase of a condominium unit at OCEAN VILLAGE OF HUIYIiIIaSON ISLAND is subject in every
respect to the Declaration of Condominium as to the condominium in which his wait is
located and Exhibits attached thereto, including but not limited to (whether the same are
attached to the Declaration or 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 Amend-
ments to the aforesaid Declaration and Exhibits and the Articles of Incorporation, By-Laws ~
and Declaration of Covenants and Restrictions of the Property Owners' 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 management
of the Condominium property and is in the best interests and for the benefit of all the ,i_
owners therein. Purchaser and all owners of parcels in the aforedescribed Condominium
covenant and agree to abide by each and every provision of said Declaration of Condominium
and Exhibits attached thereto. Purchaser hereby ratifies and confirms and approves all
of the terms and provisions of said Declaration of Condominium and Exhibits attached i
thereto, and agrees that the assessment under the Property Owners' Association docwnents
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 Owners' Association has encumbered and impressed a lien upon the Condo-
minium parcel being conveyed to Purchaser, as security for his obligations under the
said Declaration of Covenants and_Restrictions of the Property Urnexs' Association and
said Purchaser assumes the obligations as to the Property Owners' Association as to his
condominium parcel. Purchaser confirms that all warranties, representations and induce-
ments, if any, are as contained in the aforesaid Declaration of Condominium and Exhibits
attached thereto, and the common expenses and the sums due under the Property Owners'
Association. and other charges are estimated only. No warranty or guaranty is made or
intended nor may one be relied upon except where the same is specifically warranted or
guaranteed in said Declaration of Condominium and the Exhibits attached thereto.
IN WITNESS VfIEREOF, the Purchaser-has hereunto set his hand(s) and seal(s), this 9~
day of ~ 19 80.
Signed; sealed and delivered in
the presence of:
~ e / (SEAL)
J R. Olson (S~)
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STATE OF Ohio ) t~ F'•~n-
COUNTY OF MO`je ~ • ) SS ~~03~
BEFORE h~, the undersigned authority, personally appeared June R. Olson, a married
adult, ,tome well known to be the
individual(s)-described in and irhb executed the foregoing instrument, and who acknowledged
before,~ie~that she executed the same freely and voluntarily for the purposes therZin
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WITI~f~~ a~ld•~alnd official seal at the State and Cowtty aforesaid this ~ day of
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`'tPd-~ , s`~~`~``` IRENE B~KO, fio+~~~ P'~'='~~
, ~t'~~~*``~ Awning and Ttumtr~N Coe s
- ~ jpp E~pites Ftb.11, 15E2 ~ ~ ~
Notary Pu lic '
r1Y C(X?MISSSION EXPIRES: ~
(AFFIX R~IISED SEAL) s
THIS INSTRUMENT PREPARID BY:
John F. Flanigan, Esquire 80tOKJJ1 PdCE~~
707 North Flagler Drive
West Palm Beach, Florida 33401