Common use of OCCUPANCY AND SALE OF PROPERTY Clause in Contracts

OCCUPANCY AND SALE OF PROPERTY. Purchasers acknowledge that their interest in the Property under this Contract for Deed, and under any deed it receives under this Contract for Deed, is subject to the occupancy and sale limitations set forth in the Declaration of Covenants, Conditions and Restrictions and pursuant thereto, for a time period of fifteen (15) years from the date of the Declaration of Covenants, Conditions and Restrictions, independent of the payment in full of this Contract for Deed. As a result thereof, Purchasers acknowledge and agree to the following:

OCCUPANCY AND SALE OF PROPERTY. Purchasers acknowledge that their interest in the Property under this Contract for Deed, and under any deed it receives under this Contract for Deed, is subject to the occupancy and sale limitations set forth in the Declaration of Covenants, Conditions and Restrictions and pursuant thereto, thereto for a time period of fifteen (15) years from the date of the Declaration of Covenants, Conditions and Restrictions, Restrictions independent of the payment in full of this Contract for Deed. As a result thereof, Purchasers acknowledge and agree to the following: