HomeMy WebLinkAbout0838RECEIPT~ ACKNO{~R.EDGMENT, ASSUMPTION AND ACCEPTANCE OF PURCHASER
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Purchaser, by acceptance and execution of this Receipt, acknorrledges that this
purchase of a condominium unit at OCEAN VILLAGE OF HUTCHINSON ISLAND is sub~ect
ir. every respect to the Declaration of Condominiuo as to the condomini~un in
Which h1s unit is located and Exhibits attached thereto, including but ~ot lim-
ited to (whether the same are attached to the Declaration of Condomini un or re-
ferred to therein)~ the By-LaWS of the Association~ Articles of Incorporation,
the Rules and Regulations, copy of pro~ected 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 Orrners
Association; and Purchaser further ackna+ledges receipt of and reading and
examination of said Declaration, its Exhibits, budget, sales brochure and floor
plan, and acknor+ledges that each and every provision of the foregoing is essen-
ti?l, 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.
Purchaser and all awners of parcels in the aforedescribed Condomini~an 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
att~ched tliereto, 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 Restrietions 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 Restrietions, and said Purchaser assucnas the obligations as to the
Property Otimer's Association as to his condominium parcel. Purchaser confirms
that all warranties, representations, and inducements, if any, are as centained
in the aforesaid Declaration of Condominium and Exhibits attached thereto, and
the common expenses and the sums due under the Property O~rner'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
guarant~ed in said Declaration of Condomini~ and Exhibits attached thereto.
IN i~fITNESS WHEREOF, the Purchaser has hereunto set his hand(s) and seal.(s),
this 31st day of October , 19 t30 .
SigZed, sealed and delivered
the presence of:, ~
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STAT~ OF ALASKA ~
)ss:
TNIRD JUDICIAL DISTRICT ~
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~ J ~ n ` ~ '/C~heKnin~g /~/
s4~1-(~J~t : . .': ! . . L"~ .~rLf :~. . . . .
~M~lan S. CheWning ~
BEFORE ME, the undersigned authority, personally appeared
John R. CheWning and Milan S. CheWning, his Wife
to me Well knor+n 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 vol~~ntarily for the purposes therein expressed. WITNESS my hand and
Official Seal thi,s.~~day of. . ~~tObP.x .. . . . . , 19..80. . ...- .,
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~1~.'~:L~. .4J/. .•.~i(~ ' .
NOTARY PUBLIC ~„~~~
My commission expires: p~~;~ ~~, ~qg~
(SEAL) 51~8'7'7
This instrument prepared by:
Cheryl. S. Miller
LaWyers Title Insurance Corporation
P. 0. Box 3845
Ft. Pierce, Florida 3345U
Incident to the issuance of a title
insurance contract.
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1991 ~ - J -9 1W
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5 it~ GER POITRASA
CtEF~f. ~IS;.J11 COUR1 ~
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a~x346 PaGE 83f