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~ RECEIPT, ACKNOWLSDCMBNT, ASSUMPTION AND ACCEPTANCB OF PURCHASBR ~
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~ Purchaser, by acceptance and execution of this Receipt, acknowledges that this J'
purchase of a condominium unit at OCEAN VILLAGB OF HUTCHINSON ISLAND is subject -
ir. every respect to the Declaration of Condominium as to the condominium in ~
= 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- j
(erred to therein), the By-Laws of the Association, Articles of Incorporation,
` the Rules and Regulations, copy of pro~eeted operating budget, copy of sales
brochure and floor plan of apartment purchased by purchaser, and all Amendments
to the aforesaid Declaration and Bxhibits and the Articles of Incorporation,
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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- - •
• ~ tlal, to the successful operation and management of the Condominium property
and is in the best interests and far the benefit of all the owners therein.
Purchaser and all owners of parcels in~the aforedesoribed 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 Condomini~ and Exhibits
attaohed thereto, and-agrees that the assessment under the Property Owner's
Association documents referred to above and the provisions thereof are reason- -
ahle, fair and equitable, and said Purchaser acknowledges and confirms that the
Declaration of Covenants and Restrictions of the Property Owner's. Association i
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 assumzs 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 Condominiun and Exhibits 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 i§ made~or intended ~
i nor may one be relied upon except where the same is specifically warranted or
? guaranteed in said Declaration of Condominium and Exhibits attached thereto.
°~c°~' IN MITNESS WHEREOF, the Purchaser has hereunto set his hand(s) and seal(s),
~x~ this 20th day of October , 19 80- -
Signed, sealed and delivered ~
L- in the presence of
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Dorothy C. Pa s ~ ~
STATE OF FLORIDA - )
)ss: l
COUNTY OF ST. LUCIE )
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• BEFORE ME, the undersigned authority, personally appeared
L Adam Papas and Dorothy C. Papas, his wife
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+ tp",~' l~ known to be the individual(s) described in and who executed the _
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;torego`tf~' ~ystrument, and who acknowledged before me that the(y) executed same
~y ~h' ~untarily for the purposes therein expressed. WITNESS my hand and
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~ ` s ~;Tai~ Sea this 20t ..day f....~tPpeF....... , 19. ~A...
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s~ expires: SIC STAiE Qi FWRIDA AT LM(,E ~
- (SEAL) ~ oomMrsslorr panl~s ~w: is n~i f i
BONDED TFlU GBi'ML INS. OMIR
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_ This instrument prepared by: ~9$U ~~1 22 ~ ~ •
Cheryl S. Miller J
Lawyers Title Insurance Corporation •FitEC •Kr ~e cokt t
P. o. Box 3845 sc~uclfccuyrr.tl~- _
ROGER POITRIIS
. Ft. Pierce, Florida 33454 CLERK clFCtirT co!~RT ~
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