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RECEIPT, ACKNOWLEDCMENT~ ASSUMPTION AND ACCEPTANCE OF PURCFiASER
Purchaser, by acceptance and execution of this Receipt, acknowledges that this
purchase of a condomintuco unit at OCEAN VILLAGE OF HUTCHINSON ISLAND is sub~ect
ir. every respect to~the Declaration of Condominiun 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-
ferred to therein), the By-Lar+s 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 purehaser, and all A~nendments
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 acknaaledges 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?1~ 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 owners of parcels in the aforedescribed Condominiumn 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
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 Restrict~ons, and said Purchaser assar:~s the obligations as to the
?roperty OWner's Association as to his condomi~ium parcel. Purchaser confirms
that all warranties, representations, and inducements, if any, are as contained
in the aforesaid Declaration of Condomini~sn 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.s made or intended
nor may one be relied upon except Where the same is specifically Warranted or
guaranteed in said Declaration of Condominiun and Exhibits attached thereto.
Iti wITliESS ir1FiEREOF, t Purchaser has
this ~ day of ~ ~ti i2.~/
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hereunto set his hand(s) and seal(s),
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Sighed, sealed and deiivered
in the presence of:
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STAT~ OF ~~~~~~~~ )
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'~ COUNTY OF ~/ '~~~
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V or Dabby C~
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mily Dab ~~~
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~ BEFORE ME~ the undersigned authority, personally appeared
o- Victor Dabby and Emily Dabby, his wife
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to me well knorrn to be the individual(s) described in and who executed the
foregoing instrument, and xho acknoWledge~ before me that the(y) executed same
freely and vol~~ntari y for the pur oses therein expre ~ised. WITNESS my hand and
Of ial Seal this.~. .day of ~:......, 19•d~-
• 7 ~ .
~ ~ ,T] ?996
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~ expires:
=~ ~ (SEAL)
A 1fY,~ PU~. I~, _•- = - a T LARG~
'~IAY G41~td1• ~ :i' . ~ . 4
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~s instrument prepared by:
Ctieryl S. Miller
LaNyers Title Insurance Corporation
P. 0. Box 3845
Ft. Pierce, Florida 33u54
Incident to the issuance of a title
insuranee contract.
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1981 ,1,~t~ -9 PM ~ ~0
FILEQ aM[ ~; COAp; A "
SLIUCIE CQUN'1!fIA
ROGEft PO~TRAS
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~~~K346 PaGE1042
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