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RECEIPT, ACKNOWLEDGMENT, ASSUMPTION AND ACCEPTANCE OF PURCHASER
F
~ t Purchaser, by acceptance and execution of this Receipt, acknowledges that this
. purchase of a condominium unit at OCEAN VILLAGE 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 Condominiun or re-
(erred to therein),; the By-Laws of the Association, Articles of Incorporation,
- the Rules and Aegulations, 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 Froperty Owners
Association; and Purchaser further acknowledges receipt of and reading and
` examination of said Declaration, its Exhibits, budget, sales brochure and floor '
plan, and acknarledges that each and every provision of the foregoing is essen-
tial, to the successful operation and management of the Condominium property f
and is in the best interests and for the benefit of all the o~rners therein,
~,.i Purchaser and all ormers 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
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 1 i
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
'i nor may one be relied upon except where the same is specifically warranted or ~ t
guaranteed in said Declaration of Condominium and Exhibits attached thereto.
t
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IN WITNESS WHEREOF, the Purchaser has hereunto set his hand(s) and seal(s), ~
~ this 24th day of October , 19 80 ~ ~
~ ~
Signed, sealed and delivered ~ ~
i. in the presence of: ~
G~,/%"G ~
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,r, - STATE OF MICHIGAN ) ~ .
)ss: ~
` COUNTY OF k ~w~ )
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- BEFORE ME, the undersigned authority, personally appeared _
. ~ ~ !
DANIEL WALMA, AND DONNA WALMA, his wife i
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 voluntarily for the purposes therein expressed. WITNESS my hand and j
~ Officia Seal this. ~ y of.. Pttpbex........ , 1980.... Z
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• • • • . • • • • • • • . • r ~
NO RY PUBLIC I9~O t:~~~ -4 P!i 12. 00 '
f~ M commission expires: i
r, QAYLORD ANDE"~~JN (SEAL) cr ~C :
^`nr; Public. Kant Cau^;y. R Si-t, ~ ; ,t 1~
i 1/,y G4liiiill~i~pn ~xpins March i ~1 ~ ~r h v: f
F i•:.5
/1' This instrument prepared by: ~it'.~,~~' ~ '*1~ ~ R~ri.r _ . ~ ~ ;
- Cheryl S. Miller ' J . ~ - ~i ~0.~818 ~
f
Lawyers Title Insurance Corporatioid;.`` 'if
P . 0. Box 3845 " ~ ~
r Ft. Pierce, Florida 33454 ~ ~ ~
Incident to the issuance of a tit S,.y ~ ;
insurance contract. - ~ - ~
f 8342 ~~E 580