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~t RECEIPT, ACKNOWLF.U(;MENT. ASSUMPTIUN ANU ACCEPTANCE OF PURCFiASER
.
~ Purchaser, by acceptance and execution of thi~ Receipt, acknowledge~ that. Y.his
: purcha9e of a condomintum unit at OCEAN VILI.AGE OF NUTCHINSON ISLANp is subject
~• ir. every respect to the lleclaratian of Condomini~un as to tt~e ~~nduminium in
Which his unit is located and Exhibits attached thereto, includin~ but not lim-
'4 t~...+ ~.. /~~ha+Mo-~ thn eamn ~no attanhPrl tn t.hR DPClaration of Condomini-..unn OC re-
l~~.l. a.ls \n..t.:.i.~i va._ . .... .,. ... . . -
~ ferred to therein), the By-Larls of' the AQsociation~ Articles of Incorpor•ation,
~~' the Rules and Regulations, copy of projected operatin~ budget, copy of sales
~] brochure and floor plan of apartment purchased by purchaser, anci all Amendments
~~
~~~ to the aforesaid Declaration and Exhibits and the Articles ~F Incorporation,
k By-LaWS and Declaratian 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 brochu!^e and floor
~~ plan, and acknowledges that Pach and every provision of the foregoing is essen-
ti~i, to the successf~~l op~ration and management of the Condominizun 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 Condominium coven-
i~. ant and agree to abi~ie by each and e~ery provisien of said Declaration and
Exhibits attachPd thereto. Purchaser hereby ratifies and confirms and approves
arl of the term~ an~i ~rovisions of said Declaration of Condorr.iniua and Exhibits
~, attached thereto~ and agrees that the assessment under the Property Owner's
`r~• Association documents referred to above ~nd the provi~ions thereof are reason-
ahle~ fair ar.d equitable, and said P~~rchaser acknowledPes and confirms that the
Declaration of Covenants and Restrictions of the Property Owner's Association
; has encumbered and impressed a lien upon the Conciominium parcel being conveyed
,~ to Purchaser, as sec~irity for his obligations ±~ndnr said Declarat~on of Coven-
~, _ ants and Restrictions, and said Purchaser ass~~•~~ :s the obligatior.s as to the
~' Property Owner•s Association as to his condom~~i~,R: parcel. Purchaser confirms
,.': that all warranties, representations, ~nd ind~icecr:e~ts, if any, are as contained
~_ in the aforesaid Declaration of Condominiurtn and Exhibits attached thereto, and
},~~ the common expenses and the sums aue un~icr the Property Or~mer's Association and
_~_ ~~,...a,.,~
s! other charqes are estimate~ ~niy. N~ warrani.y v~• K~~a, a~,~y ~: ,~_._:.~ ~_ ~j.~~~~~~u
- nor may one be relied upon ^xcept where the same is specific?lly warranted or
~ guaranteed in said Declar~tion of Condomini~.an and Exhibits attached thereto.
%~t
~'~`~ IN WITNESS ~1EiEREOF, the Purchaser has hereunto set his hand(s) and seal(s),
~~:_ this ; i %l, day of ~tarch . ~`~ 81 •
: Sig~ed ~ seal en and del i v~~r•~d
r in the preser~,e of: (aS T~ ALI.j
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Al~o o~' ItobLes
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Aicia ~ les
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ernard V. ~fa eo
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tlat-~.a~ T. Romer ~
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`tario T. Ror.tero --~\
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Jariet Romero
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~.,~n Peralta
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(`iselle Peralta /
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Maximiliano Alcorta
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