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'b~x' . 14 'PA'E ~
. ,T :'luOl C~TT. rLA
~Tlg.ES Or ~
nus AORE!MEft _de and entered Into thh tJ..day ot July
1961, by and betveen HOWARI? L. APPERSON, anet DaU S M. APPERSC*,
his vite, blrelnartet" called the parties ot the tlrst. part, and
JOSEPH GANDY, JR. and HATI'IE l..00ISE MJI)Y, hi s wi te, h.reinatt.er
called t.he part.le. or t.he .econd part,
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WIT N E SSE T H:
That it the said part....es ot t.he second pert .hall first.
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mak. t.he pa}'lllentJ. and perform the co v.nants he relnatt.r mentioned
on their part. to be ..de and 'performed, the said parties of the
tl r.t part. hereby covenant aJXt agr.. to convey and assure to the
said part.les of the second part, in t.he estate aforesaid, and
th.lr heirs, executor., admlnl.t.rat.ors,' or assigns, In tee simple
by a good and-su~flclent deed, the tollowlng described propert.y,
toget.her with all' Improvements thereon lying, being and situate
in St.. Lucie Count.y, Florida, to-wit.:
The South 12.0 feet of Lot 8, all of
Lot 9, and the North 6.0 feet ot Lot
10; of Block 1, BlAKELY SUBDIVlSIOO,
as per plat thereot recorded In Plat
Book 10, Page SO, of the Public Record.
ot st. Lucie C~unty, Florida.
And the partie. of the second part hereby covenant and agree to
pay to the said partle~ of ti~ first part, as consideration there
for, the swn of 'NINE mOUSAH:> TWO hv~roRED FiFTY AND NO/1OO
I ($9,250.00) DOL~S in the manner following:
I $400'.00' downpayment, the receipt whereof h
her.by acknowledged, and the then unpaid balance
ot $8,850.00 to be paid in monthly installment.
ot $107.00 the 25t.h day ot August., 1961 and
$107.00 on the 25th, day of each succeeding
Month thereatt.r until tour such paYMents have
been ..de. Th.reatter there shall b. paid
$82.00 on the 25th day of each succeeding month
unt.ll the whole sum. named, plus Interest has
been paid In tull. Each mont.hly payment shall
be applied first. on interest and then on the
unpaid principal balance; with Interest fro.
the date hereof at the rate of S.ven and a Half
Percent (1.5~) per annum on the unpaid balance.
Two or more payments nay be made at any time
by the, parti.s of the second part on any in-
stallment due dat.. It. is understood that of
each .ont.hly peya.nt, the sum ot $2.57 i. being
applied .t~ insurance on said property, the annual
pr..lwa of which is estimated to be $30.81. Th.
partie. of the first part agr.e to maintain such
insurance in full fore. and effect throughout the
lif. of thl. Agr....nt. ,Should subsequent. annual
insurance pre.lu.. be increased or.r.duced, the
monthly pa~nt.s hereund.r shall be adjusted
accordingly.
ROYCE .., LEWIS
ATTORNill' AT LAW
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