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HomeMy WebLinkAbout0125 II ~ \ I ~ I o,,&wa "OIl" R .. aa *_"'..............,.,.-10 by Tho ,< .. W, I.".... c_...., 5 1~ ,. .' Jec"-""". 11.... q. Rrlicfts of Rgrttment, "Ql'f&~~tHT r~" ~tfP. B~~K March day of ~. I I I I .ltadr thi~ .:irst ill thp yrar of vur I,ord. Ollt' thOlIlO/ld "in~ h!lndrt'~ and sixty-one Jttwttft D. R. GARNER and t,t"NA V. GARNER, hi!5 wife part ie s of th~ fint pdrt, fwd IN>\ES V. FAVORITE and BEVERLY FAVORITE, his wife, Metzger Road, R. R., Ft. Pierce, Fla. I '\ I I part ies' of the Ilecoml part. 'Witntssdh, That if the said par' ies of chI' second part shall first muke ti,t' pal/Illl'llts atrd paform the covello"ts ht'uiuaftu mentiolled 011 their ,xld to be llIud,' and performed. the said parties of the firsi part hereby COVfl/allt alld agree to COII/lt''' alld assure to the s.lid part ie s of lhe ucond part. their h~irs, eJ'eclltor5. administrators or assiflllS, in fee simplr. drar of ail inculllbrallt't's whatever, by a good Clnd IlIlffkiellt dud. the lot . piecr , or parerl of land. siluatNI ill the County of Sain t Lucie , Stull' of '_ I Flor ida };lIown and described as fof/oU/s, to-wit: BEGIN at NE co er of N ~ of Nwi of NEt of Section 7 TownRhip 35 S.,Range 40 E. therice run sou h 25 f let to South line of Metzgar koadj thence run west along said south line n ~1etz ~r Road 330 feet to point of beglnningj Thence south 142.5 feet; thence westJ0-50 feet; thence north 142.5 feet to south line of Metzger Road; thence I east ~50 feet along said South line of Metzger Road to point of beginning, a~l of t'~ said_land being in Section 7, Townshlp 35 S. Range 40 E. as per YUbli9 Reco~fs ot ~aint Lucie,County, Florlda. ' ~I, THIS IS a corrective instrument cor~ectins Articles of Agreement dated.\~nd file ' Dece~ber 30th, 1960 between the same part.1.es, the correction herein beifng the tldition of "Section 7, Township 35 S., Range 40 B.\J in two (2) places in the i~scriPtion. i \ ami t,1'1' :;aid part ies of tI/(' sl'cond part Iterrby CO Ill' Will t ami aurt'I' tu pay tu Ilrr suilJ II 1 jJartl.eS of tire first pari thl' SlIm of SIX THOUSAND AND NO/100 ($6tOOO.00) Dollllrs, in /lor "nn",er lol/owh,g$500.00 this date paid and the balance of FIFTY FIl HUNDRED DOLLARS ($' 500.00) to be paid in monthly installments in the following manner:$5~.00 0.1 the first of February, 1961 and a like I installment on each successive month thereafter until the whole sum sh~11 'I be fully paid. ' , ?- ,t'r with illtl'u'sl I/t IIlr rail' of flPr I'l'ntllfll pN Cl//1wm, pa!lablf' from each install nt Will/wily 011 thl' w!wll' SIUll U!lWillillg frum liml' 10 lilliI' IIIlpaid.. ami tu Pl/Y all lan'S. a.~sl'sSllll'IIts or imposi/iolls Ihal may be /r'yally ftolJied or illlpo!il'd upnn said land subsl'quent tu thl' Yt'C/r ,1960 ' ami 10 kel'p till' buildings UPUII wid prf'/nisl's inwrt'd in S0111e company satisfaduru to the part 01 tire firllt IXlr', and pClyab!1' far lhe flarties, rrspl'dilll'ly as their ilitere.~ts may appear, ill a S!lm lIot II's5 thall the aggregate unpaid sum called for hereunder /)ollars ell/riny till' lam IIf Ihi.~ I!grf'rmrnt. A1II1 ill case of fai/llrt' flf tl'l' ,~uicll}(lrties of tlll' SI'I'oml Iwrl Ii to 11l(/kl' UIIY of thl' pauml'nfs or allY pari thl,Tt'of, or to pcrform Cl1IY uf IIII' /,OI'I'/lClIIt$ o/l their :: pori J"'rl'by 'lwdl' unci f'lltard ill/fl, this cOlltrad .~/lClll, at IIII' optio/l /If till' Iu.lrt ies of /lit' first 1\ purl. 01' fUl'frilt>d (/1111 tlTmilll!ll'd. wid fhe IJart ies of flu' S1'coI1C1 pari .~hull forfl'il /Ill IWY/JII'IiIs I: muciC' hy chern Oil this I'onlmcl: u/ld sucll P:IY11II'/lls .~lIall hp rdllilll'd by thr suicl purl ie s I' of till' firsl pari in fl!ll sutistuctio/l ami liquidatioll of ull dl/mages by then! sl/stl!ined, alld . il till' said partie 5 of thl' first part shallltave thl' right to fI'-,'lItrr and lakr possl'ssioll of thl' \ I [l1'I?miu's o{o!'rsaid lI,ill:Ollt bl'i/lg liabl,. to (lny actioll Ihrrpfur. In event of Default by fir~t part~~s herein,~econd parties shall have the right to pay the first mortgagel on t~~ abqv~ ~PLI~Y And credit the sane against sums called for herein abov~. II It IS mu l ly ttgrtta, by a11d bdlllPt'll Ihr pari iI's 11('1"1-'10, tlwt tilt> time of .'1/('11 fluYlllt'1l1 i II shull br UlI ps,~I'ntiul part of Ihis cO/llract, alld that C1/1I'OllellulI!s und agT/'e/JIr/lts hrrri/l /'ol/I(/illl'd ! ~I .~J/(/ll r.l'trllCl to (llId br ohlwatory UpOll t.'iI' lIeirs, e,1'f'cutors. ~lCl!!linislr(/tllrs ulld (!s:~i!Jlls of till' rr- it spl'clivl' purtin.Upon de! aul t of the second par tl.es all sums pal.d hereunder sha14i be ljq~~ate~ ..qilma,gep~ . . ' \.. J~ .WltrttsS tttntftD[, Thl' pur'lt.s 10 t1'I',.,e prt'scllts hlwr /ral'11n/o ,~I'f thell'hallds ll/lll sl'uls \ if". cluy lind year frsl above llwittr'T!. I \ SiYIiI:d. St'Clled lI/ld ncliurrrJ ill !'reUIICI' of ) I . flat..i-,J).u Jtr~ ..' ' 1~~d~.U... > i(!;~. .~,m.... .uu...) Ii :L~ ~~~ ....... i:J&g~ . ..~o.. ___1) .JJ~ - . m~u1"~~ ...... .... . _..u..~7~. . I ~