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' ~ RECEIPT, ACKNOWLEDGMENT, ASSUMPTION AND ACCEPTANCB OF PURCHASER
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Purchaser, by acceptance and execution of this Receipt, acknowledges that this ~
purchase of a condominium unit at OCEAN VILLAGE OF HUTCHINSON ISLAND is subject
+ fir. 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
ferred 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 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-
~ ti al, to the successful operation and management of the Condominium property ~
as~d is in the bast interests and for the benefit of all the owners therein. s
Purchaser and all owners of parcels in the aforedescribed 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 t
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-
ahle, 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 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 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 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. ~
IN WITNESS WHEREOF, the Purchaser has hereunto set his hand(s) and seal(s), ~
this day of 19
~tj Signed, Baled and delivered ~
~ in the resenee of: s,
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~ ~ 4~?~...~! ~4~'1C.. Pa erson
j ~ Michael Adams
STAT4 OF =`~1 ~iVthovi~? )
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COUNTY OF !'hnMl~~P1N ) ~
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L BEFORE ME, the undersigned authority, personally appeared ~
Paul 0. Sanderson, a married person; and Michael J. Adams, a married person
` to me well known to be the individual(s) described in and who executed the J
foregoing instrument, and who acknowledged before me that the(y) executed same ~
freely and voluntarily for the pur~~po~s~e~~,therein expr sled. WITNESS my hand and j
Official Sea this..?1~. • day of... CJ~.Q's7f~/.... • , 19~• • • 1 \
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_ Phis instrument prepared by: ' rid ~ ~ •
Cheryl S. Miller ~ ~~~0 t20Y -3 PM 2~ 32
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Lawyers Title Insurance Co ion_ , a~~ iiLEC ~t+C Ci:r}t U
P. 0. Box 3845 • 51 t l;Cif CC:~~T L1 t A
• RCiGE ~ PCi tRAS
Ft. Pierce, Florida 33454 ~ ~ • - ~ cLE~r; clacusr cc;,~'
Incident to the issuance of'~ s~ ~ ,e s~ta~f ~r~ -sr : ~18010b$ . 9~'
insurance contract. ~ ~
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BnnK342 PacE 242
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