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RECEIPT, ACKNOWLBDGMENT, A33UMPTION AND ACCEPTANCB OF PURCHASER ~ ~
~ ~ Purchaser, by acceptance and execution of this Receipt, acknowledges that this /
F •purehase of a condominium unit at OCEAN VILLAGE OF HUTCHINSON ISLAND is subject
~ • ir. every respect to the Declaration of Condominium as to the oondominium in t
which his unit is located and Exhibits attached thereto, including but not lim-
ited to (whether the same are attached to the Declaration of Condominium or re-
(erred to therein), the By-Laws of the Association, Articles of Incorporation,
` the Rules and Regulations, copy of projected operating budget, copy oP sales
brochure and floor plan of apartment purchased by purchaser, and all Amendments
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, budget, sales brochure and floor _
plan, and acknowledges that each and every provision of the foregoing is essen-
~ tial, to the successful operation and management of the Condominium property
and is in the best interests and for the benefit of all the owners therein.
i Purchaser and all owners o_f parcels in the aforedeseribed Condominium coven-
ant and agree to abide by each and every provision of said Declaration 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 Owner's
' Association documents referred to above and the provisions thereof are reason-
. able, fair and equitable, and said Purchaser acknowledges and confirms that the
Declaration of Covenants and Restrictions of the Froperty Owner's Association a
has encumbered and impressed a lien upon the Condominium parcel. being conveyed ~
to Purchaser, as security for his obligations under said Declaration of Coven- ~
" ants and Restrictions, 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 8xhibits attached thereto, 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 upon except where the same is specifically warranted or
guaranteed in said Declaration of Condominium and Exhibits attached thereto.
~~ei 'IN iiITNESS NEIEREOF,~the Purchaser has hereunto set his hand(s) and seal(s),
this 13th day of October ~ 19 80
- Signed, sealed and delivered Crail, Limit Bahamian
I~ in the presence of: ~ Corporatio
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STATE OF Q~.~,c.~ )
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- COUNTY OF S•~
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~ BEFORE ME, the undersigned authority, personally appeared
' ~dilliam J. McLeod, Attorney in fact
to me well known to be the individual(s) described in and who executed the
~ foregoing instrument, and who acknowledged before me that the(y) executed same
freely and voluntaril~j f~or the pur os therein expre~,ed. WITNESS my hand and
Offio~~„Seal this./.`t':day of..~.~L'p'(~4!1-.., 19.P.::. ~
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skoa expires: `'n'lou~,~ i'J, 198 -
•i7. , ? U (SEAT. )
~ ` ~ ,sF~.:- ate,,,,,. -
•~~tts'~rument prepared by: ~
Cheryl S. Miller
Lawyers Title Insurance Corporation ~
. P. 0. Box 3845
A Ft. Pierce, Florida 33454
Incident to the issuance of a title 1801235 ~
insurance contract.
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