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RECEIPT, AC~aXJNfI.ED(1t~T, ASSI~lPTION AND ACCEPTANCE OF PURC}IASF.R
Purchaser, by acceptance and execution of this Receipt, acknowledges that this
purchase of a condaainium unit at OCEAN VILLAGE OF 1{UfQIINSON 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 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 brechure 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 acl~owledges 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 proQerty 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 e~'ery 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
thereto, and agrees that the assessment under the Property Owners' Association documents
referred to above and the provisions thereof are reasonable, fair and equitable, and
said Purchaser aclcrx~,rledges and confirms that. the Declaration of Covenants and Restrictions
of the Property Owners' Association has encLmibered 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 U~rners' Association and
said Purchaser assumes the obligations as to the Property Owners' Association as to his
condoaeiniu~m parcel. Purchaser confirms that all warranties, representations and induce-
ments, if airy, 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-$uaxanty_is_made or
intended nor may one be relied upon except where the same is specifically warranted or
guaranteed in said Declaration of Condomir?ium and the Exhibits attached thereto.
/3~
IN K'ITTT:S.S h F, the Purchaser has hereunto set his hand(s) and seal (s) , this
day of ~ ~ 19~(;.
Signed, seal and delivered in
the presence of : 1 -ems- _
~
t~~~~~:~ - (SEAL)
Ija Tiern r
r~ )
ur R. Schmau er
. l9E0 ,N,~i ! 8 P~ ~ ! 8
FiIEQ aNE P:CGhaf6
Z~ SLLUCIE COUNTY.FLA.
STATE OF i ~~s~
j/) cif~t c
R~ii
o~T.
COU;`'IY OF fSS~ ) 4~~50
BE~OREI?!E, the undersigned authority, personally appeared Ravmnnd M. Tierney,~r a
I/1's1ilL~L adult. and Arthur R SC~lIDauder a raja,, ~ ~a ~1 to me well known to be the
individuaY(s) described in and wfio executed the foregoing instrument, and who acknowledged
before me that boy executed the same freely and voluntarily for the purposes therein
expressed.
WITNESS my hand and official seal at the State and County aforesaid this=~ day of
June 19 80 .
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,~c~ AtY OQ?6R SSSI ON EXP I RFS
~ ~ 1 ~ , y - (r~FF I X RAISED SEAL)
~~f~ ~ . .r .
THIS I4ST'RU?E.'~T PREPARED ~ ~ ~ : - - - .
John F. Flanigan, Esquire ~ $3
707 North Flagler Drive B[tflK~ p~(if ~]Q~!
tsest Pali beach, Florida 33401 ~7p~~
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