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HomeMy WebLinkAbout0295 '. ...___~8H ( , 'JOIIIIII'. ~ ......\ '} ,~-J/L- -- -~ pq'~ ..;: ."" .. .' .~tI:' ". _11 ~"u. ~ CQ.~lm.' . fl.~, fbIM ',?-:?~~:~ ..:-r ,.;, .0. 8 027610 O'AN:E) VE~A 1? _"rAAR ~ //_ r /"'7r_' :I.Nr~Qi: qrA..;;:r- ~6_y .8~:r(!-~/~s;r / n/;'A'f?; I AAM'.P.-o '......,......... '\.~-- c:all~ the purchaser, ~ applies to GENERAL m:vn.OPMENT OOfllORA'nON, e:: Delaware OOlpOIatioo authat- bed to traneact buair_ in Florida. itl""auv I _ aDd ailaigna. b.em caUecllhe SubdlYid.. to ~ for a purcbcae pice of s.L ?"A. ,Ya I u::tr.:''' - ~;2.J I BL<::>cr' ~ 7 I PORT ST. LuaE SUBDMSlON, according to the p~, a copy of the IICIid plat having bel'8tofore been filed with the Board 01 County Cnnnni.monera of Sl Lucie County, Florida. and subject to the t&rma. CXDdi~ and ~ta of tbia appIicaticn 'nle pc:ryment of . -:2 A, ~ A upon the slgnJn9 of thfI appII<XItlm by the pl.IJ'ChoNr (U by, chect, then "'payment" means thorn will be deemed payment if the check is paid p-omptly upoo presentation to the drawee bank) will. if the Subdivider ac:x:epts this application by aigning theee preeents, be ala become em ~ mcoey depoeit upon the purchase pice of eaid JlI'OPJ'I'l1, . The entire ~ pice mall bs ~ ell toUows: , STATI OF flORIDA ) . ) COUNTY ~ IlAO! ). Purcha8e Price - . ,.{ ~!'LJ ~ 0" ;, Cash Deposit (Above Referred to) _. . ~ O. (/ t) 1 and Balance of Principal , in the Amount of ._._..____- - Sf 9.741: Q tf) ;, I ........" ("..tlfy 'bet on this ....y. boo''''. m.. . ........v """"" duh' . .ut-.ct III th. st_" .~1 "DU~I' _. M~. I') to> ' t." ""kn~""""'h. . _!<C)n."" _PI,..,.,,,d,.__b ~. ~v?n;.e:-L-- - -- tl" ,..,,. ",~n 9(10 "'" .". ~~1Jft 1",,"''''#~ ~~ ''''_ A~"t ...., ~..~.....,.' ~..Iop- : ".~t Ctll,'("''''H.n '.1 III 1 'N~.. t:"f''':'':'.'~ ~- . I,. -,"'.Il=l' ro.,t....".. ~4". end .t...n....'.....llfEr. ,""'r. p'" 11".r t~.A' ~'\o, ~II' ("11,..11 t"~ twea,,"nt ."Oot..-8et . '01 SAI. In th. f1~,"~ L.f an J !nt t:..t (.()f'potehoo: .....At ,~ ~u.ct) Aaent ,....t ~.,..,. ,.. ttu~ e,.:h()f.z~.j ~v 'h.t cOt'Oo(.,.tton '0 do SO. .I'~ th.t the torecoenll' contrl:<l to. ~..stc 15 t".- kt antJ r.....'tt.', of th.t co.C,'~.'tnn. Wlt""~ my "_n,f ."d "W,:'.I suI In th.. ~;~ r'f'~~~.-~ed .1>0...1"1$ :;J(:. <lay at''''~",!,~'''.'''-I,% \ ..7 .~? .;.-,t ff ~"'" $ ~d. 00 each. commencing one n.onth horn the date No.. ~~..J.j ,,/..;. . of acceptance by GENERAL DEVELOPMENT CORPORA- ,,"y ,~ ~ 1961 /j '.;.... <:., TION, as shown on the'reverse sido hereof, and continuing lilt......" ~ ' '~~ (j')'~ monthly thereafter until the principal cmd interest have been paid in full The tmpaid balani- ~ . 'time td~ E on 1m. ronlmct ,hall baa, in I."", at tho ml. 01 51. "'" annum. rompoted &om and all... .. 3 ! each monthly payment shall be applied lirst to interest computed as aforesaid on the ' . . ond UN . , $ principal ~lcmce and olterward to .p~cipal. This pro~sio~ i3 subject to the accelerotion pdt,.i!'Ii', ..-~ ~ ' " ... contcnned 11 the purchaser defaults m the performance of this contract.~~,,!":';:-..J~~' The use of said lot is restricted in accordcmce with the restrictive covenants on the reverse side.hereof,' and the land hereby appli~ for shall be so!~ and conveyed subject to them. '. If and when the purchaser, without being in default hereunder, effects payment of the final installment of the unpaid balance, then the Subdivider will deliver to the pmchoser (] certificato of title insurant:e issued by a title insurance company doing business (JS such in St. I.ucie County. Florida, which certificate of title insurance will show that the title 03 ccnveyCd or as then about to be conveyed by the S!tbdivider to the purchaser. is good, marketable or insurable; but nothing herein contained r:holl be constmcd <l3 constituting tho Subdivider in delault hereunder if the title insurance certificate!:hows daims C1ri.<ring by the action or omission of tho purchaser. as distinguished trom the Subdivider. Delivery of notice the Subdivider dr-sires to make or give pursuant to the terms hereof may be effected or given by personal delivery or by mail. addressed to the purcballer at the addreee hereinabove indi- cated ()IS such. . Upon the payment. through the normal and regular payments required he'reinabcmt without anticipation or pre- payment, of all of the monthly payments required by tho purchaser to complete the payment of the entire purchase price of the lot(s) , Subdivider will execute and deliver a ymrrcmty defXt tree and clear of all encumbrances end liens. excepting restrictions appearing on the f('vente clde of this agreement and any relevant zoning ordinances and taxes for the year in which such deed is delivered, if' the said toxes chall not then be due and payable for such year; cmd the Subdivider will. also at thClt time, have completed the paving of the street in front of the 10t(8) -:md also the side street abuttinq the lot(5) if tho came in (l COITK'I' lot. Said deed shall bE:- prepared at the expense of the Subdivider. The required documentory r:tampR shaH be piaoed un the deed by the Subdivider. If after use of reasonable diligence to make title insurable. Subdividl'.J' i... ,lInable to do so, Subdivider may return to purchaser all moneys paid under this contract and themupon ':0011. be relP-aSed from any and all obligations hereunder, including broker's commission. Though the preceding provision... of thi.'J pmagroph confer upon the purchaser no privilege of prepaying the unpaid balances in advcmoe of their respective maturity dates, the Subdivider grants unto tha purchaser the riqht to prepay the Impaid balrmce8 duo tmder thi.s contract. in whole or in part. but with the understanding and agreement that the Subdivider will not he J'(!quircd to deliyer unto the purchaser the certificate of title insurance and worranty deed hereinabove provided for rmd complete the paving of the street. as hereinabove provided for. until (] dote which wouid he thn day upon which throuqh the nonnal and regular payments required !o hP. made under this rontroct without ontkipation or prepayment of 011 of the monthly payments required by the purchaser to complete the payment of tho entire V:r~ price of the lot(8). The Subdivider may accept or rejed this applih'rtion without explanation. If this application is rejected. or if the Subdivider has not accepted this opplicrrtion to pur....hose. within thirty (30) days from the date hereof. the deposit shall be returned to the purchC'MP.r rmd both parties r.hall be rnlcased from on obligations hereunder. and no sales commission shall hClVIl heen earned by, or hr. PClvnnle to, fUW rt!O! Mfote broker or aqent in connection with this ~ansaction, If the Subdivider o.~epts this opp!irrrtion with;n thirty (30) dayS from the' drop. hereof (acceptance to !:>e evidenced. as aforelnid, by (he mQt\<:rtuM by tM f)lIhdivid~r of a conntE"rpart hereof), then the within application sholl be deeme-::l immediotely trcmsformed into ml O(freement or land contract wherein the Sllbdivio;-r is the vendor 'lJld the parchaser is the vendee: rmd 011 of the other f!llmrrmt references herein Contained to "this application" or to "this agreement" shall thenceforth be deemed to mean this land contract.of sale and purchase. If the purchaser shall fail to observe or complv with any o! the terms of this aqreement on the part of the ~urchaser to be kept and performed within Rirtv (1)0) rlf1Y!' niter the f)llbdivider !;hall have given the purchaser written notice, then and in that event aU payment8 theretofore made by the purc:hc::.er ahall be retained by the shall be payable in equal monthly installments of