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HomeMy WebLinkAbout0293 , . 3/~ .....052995 . ~. ( .~ .. ... ~ . .. ).... . , , ......r:..t. -. ~ I~ DnIICR.IIf'~.DII'" n.,... "-WI. ~pt~mb9r L ,'- . o 176 J<1S,9 OO~ f.... A. _ An,ir'!)snn and v1.:t. Gfnot.~. Ma.hl"1 Andt'a.8ft ~ 235 Pins Wood Lan~ San A.....ton1o, T3~o.S . _ ' ,-.m oaDed the ~, hereby ~ to GENERAL DEVEL<?PWEtfr OORPORAnoN. a ~ ~pclIGtlOD autbot-- tz.d to ~ buW-- in Fnida. ltII 8OO:..on cmd c.8igM. herein oaUecl 1M SubdiYider, to purc:haM for a purcbaBe pice of' Q<')'~. 00 , LOT 16 , BI.OCr I~07 , PORT ST, LUCIE SUBDtV1SION. OCC<lI'CIing to the plat, a copy of the .aid plat bcrYing heretofore been filed with the Board of County ~~I",-u~ra of Sl Lucie County, f'k!rida. and 8Ubject to 1M ~ cand.itlona and ClOftnanta of tbia application, The payment of 1" -" . . . u. J... upon the atgning 01 tblII uPI.H..ltkln by'tbe ~r (if by cbeck. then "payment" means tl-.at It will be deemed payment if the check is paid promptly upOn pesentation to the drawee bank) will, if the SubdiYidM ~pts tlD application by signing theee JftSM1lS, be and become em 8CII1leSt money deposit upon the purchaM price 01 aaid poperty, The entire pu.rcbaM price aball be paid CIa follows: . STAW Of' FlOftI~ ( COUNTY Of' DAD( / aba1l be payable in eciual monthly lnataDmeata of I ....., ..ertlfy IttM _ lith clay, bef..... ..... . Not.ry Pub'lr, Ii"'" eutharind In lh. "",. .ft" ~ n. ."'eo .~.,to.u~.. ac....vwte<t."'..nh. . ---."~ .!'P-.,.d__ c._ /7) WJj';.4~l-4 . to m. "n~ ". '. P," D#r.,....n.es.. ,..,...1*1104. 'h.. &4..11' ",~.,,"'.I o...~~' ftlent C~~.tl",n .n '" .t"",.. ..."'...."7e.... :'.- f~-!'='l''l '.:"." -.'=")t' =''''!e...t\d eckn(.'tllla, adi":S t..r.,. . 1_ t"'~. '''nt pe,~., 4.f't'f,...d .~~t.-~,.,'....'r.ct for ,.'. In 'he "..,,~ ,.t ,n j tm ,".t CGrD'Wation; ~ ~~'.i......:f.....' per$on", rllI'y ....,t'.rlf'1:..1~" Ihat c(WOtlfabon le~. ~d.J " ~ _x, '''' .... .. "'- .et ...d eon....' of 'If.~~'''~~ ,; 'oJ W..,..n my "'nd .nd O"lC'.' ...1 "' ~~ty "nd -.tjilt: n..,....,.:,. ~/_ : .: . I ..\-:~ eboYe thll ~ ~ clay :: -:.9 " . r.. ,:. l . ~ ,.", ' . -lJ:".~';' $ _, v each, commencing one month from the date " ~ of acceptance by GENERAL D~OPMENT CO~~- ~~~~~~~" ~'it. i TION, CIlS shown on the reverse 81de hereof. and continumg "~hr_ _oJ~"", - monthly thereafter until the princi)XJl and interest have been paid In fun. The unpaid bc!B~.~'" on this contract shall bear interest at the rate of 5"1. per annum, computed from and after the date'~; and each monthly payment shall be applied first to interest 'COmputed CIlS afareemd on the dimin~g ~ unpaid principal balance and afterward to principal. This provision is subject to the aooeleration privilege hereinafter contained if the purchaser defaults in the performance of this contract. The use of said lot is restricted in accordance with the restrictive covenants on the reverse side hereof, and the land hereby applied for ehcal1 be sold and c:onvey,"ld subject to them. If and when the purchaser, without being in default hereunder, effects JXIY1Dent d the final in'ltallment of the unpaid balcmce, then the SubdiYider will deliver to the purchaser a certificate of title insurance issued by a title insurance company doing business as such in St. Lucie County, norida, which certificate of title insurance will show that the title as ccnveyed or ~ then ~ut to be conveyed by the S~vi?er to the pur~r: is good. marketablE: or insurable; but nothing herem contamed shall be construed as constituting the SubdiVIder m delault hereunder if the title insurance certificate shows claims arising by the action or omission of the purchaser, as distinguished from the Subdivicl.er. Delivery of notice the Subdivider desires to make or give pursuani to the terms hereof may be effected or given by personal delivery or by mail, addressed to the purchaser at the addre8tl hereinabove indi- cated as such. Upon the payment, through the normal and regular payments required hereinabove without anticipation or pre- payment, of all of the monthly payments required by the purchaser to complete the paYment of the entire purchase price of the lol(s), Subdivider will execute and deliver a warranty deed free and cleu; of all encumbrances and liens, excepting restrictions appearing on the reverse side of this agreement and any relevant zoning ordinar.C6s and taxes for the year in which such deed is delivered, if the said taxes shall not then be due rmd payable for such year; and the Subdivider wili, also at that time, have completed the paving of the street in front of the lot(s) and also the side street abutting the lot(s) if the same is a comer lot. Said de9d shall be prepared at the expense of the Subdivider. The required documentary stanpe shall be placed on the deed by the Subdivider. If after use 01 reasona.ble diligence to make title insurable, Subdivider is unable to do 80, Subdivider may return to purchaser all moneys paid under this contract and thereupon shall be J'18Ieased from any and all obligations hereunder, including broker'!! commission. Though the preoeding provisions of this pc1fOgraph confer upon the purchaser no privilege of prepaying the unpaid balances in advance of their respective maturity dates, the Subdivider grants unto the purchaser the right to prepay the unpaid balances due under this CQntract, in whole or in pnrt, but with the understanding and agreement that the Subdivider will not be required to deliver unto the purchaser the certificate of title insurance and warranty deed hereinabove provided for and complete the paving of the street, as hereinabove provided for, until a date which would be the day upon which thrM1gh the normul and regular payments required to be made under this contract without anticipation or prepayment of all of the monthly payments required by the purchaser to complete the payment of the entire purchase. price of the letes). The Subdivider may accept or reject this application without explr:matior.. If this application is rejected. or if the Subdivider has not accepted this application to purchase within thin) (30) dc:r{S from the date hereof. the deposit shall be returned to. the purchaser and both parties shall be releaMd !rom all obligations hereunder, cld no sales commission shall have been earned by; or be payable to. any real estate broker or agent in connection with this trcmsaction. If the St;bdivider accepts this application within thirty (30) days from the date hereof (acceptance to be evidenced. as aforesaid. by the signature by the Subdivider of a count~rpart hereof). then the within upplication shall be deemed immediately transformed into c;m agreement or land contract wherein the Subdivider is the vendor and the purchase: is the vendee: and all of the other relevant references herein contained to "this application" or to "this agreement" shall thencelorth be deemed to mean tl-.is land contrc~ ~: sale and purchase. If the purchaser shall fail to observe or -.:omply with any of the terms of this aqreement on the part of the purchaser to be kept and performed within sixty (60) days after the Subdivider shall have given the purchaser writlen notice, then and in that event all payments tberetoiore made by the purchaser shall be retained by the , . (',.~~. ~~J J Pun:bc:.e PriOl Cash Depoelt' (AbaN Refened to) - . cmd Balance of Principal in the Amount of - 1 .QJ . oH5.00 ..--'- ......... - -