18




                   xi.     The ALLOTTEE/PURCHASER shall observe and perform all
            the rules and regulations which the Society or the Limited Company or
            Apex Body or Federation may adopt at its inception and the additions,
            alterations or amendments thereof that may be made from time to time
            for protection and maintenance of the said building and the Apartments
            therein and for the observance and performance of the Building Rules,
             Regulations and Bye-laws for the time being of the concerned local
            authority and of Government and other public bodies. The
            ALLOTTEE/PURCHASER shall also observe and perform all the
             stipulations and conditions laid down by the Society/Limited
             company/Apex Body/Federation regarding the occupancy and use of
             the Apartment in the Building and shall pay and contribute regularly
             and punctually towards the taxes, expenses or other out-goings in
             accordance with the terms of this Agreement.

            15.     The owNERS/PROMOTERS shall maintain a separate account in
            respect of sums received by the Developer / Promoter / confirming
            Party from the Purchaser as advance or deposit, sums received on
            account of the maintenance fund, expenses and also towards the out
            goings, legal charges and shall utilize the amounts only for the
            purposes for which they have been received.

             16.   THAT the said property is believed and shall be taken to be
            correctly described in the Schedule hereunder written and be sold
            subject to the outgoing agreements, restrictions and rights of the other
            co-owners of the remaining Undivided share in the said Plot of land and
            shall not annul this contract/Agreement, nor shall any compensation be
            allowed in respect thereof to the Purchaser, but all the same such mis-
            statement, error omission will always be subject to correction by the
            parties hereto.

             L7.    Nothing contained in this Agreement is intended to be nor shall
             be construed as a grant, demise or assignment in law, of the said
             Apartments or of the said Plot and Building or any part thereof. The
             ALLOTTEE/PURCHASER shall have no claim save and except in respect
             of the Apartment hereby agreed to be sold to him and all open spaces/
             parking spaces/ lobbies, staircases, terraces recreation spaces, will
             remain the property of the owNERS/PROMOTER until the said
             structure of the building is transferred to the prospective buyers.



             18.    OWNERS/PROMOTER SHALL NOT MORTGAGE OR CREATE A
             CHARGE
             After the OWNERS/PROMOTER executes this Agreement it shall not
             mortgage or create a charge on the Apartment and if anY such
             mortgage or charge is made or created then notwithstanding anything
                       in anv other raw for the time beins in force, t"r^
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