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HomeMy WebLinkAbout1397 . .." . ~ . . .., " l A . __ _. " . .. .. ." _'." ~ _ .. .. . A" ~. _ . .. 'I, R. . II"" t VVVH 14 PACE 647, ,T, LUClt COUll'. rlA'. .. ... -1 'N'........., .-..~ '. ~TICLES OF AGREEMENT Made this SII.d. day of ~J In the year of our Lord, one thousand nine hundred and sixty-one. .,. BETWEEN JOSEPH F. GARRlS~ and ESTELLA M. GARhlSOO, his wife 7800 France Avenue South, Mlnnea~ls 24, Minnesota parties of the first part, and ROBERT E. BAHRETT and ZA:JA B. BARRETl, his wife 4602 Garrison Lane, Ft. Pierce, Florida, parties ~r the second part, WITr~SSETH, that if the said parties Qf the second part shall first make: the payments and perform the covenants hereinaftc mentioned on their part to be, made and performed, the said parties of the first part hereby covenant and aaree to convey and assure to the said partIes of the second part, their heirs, executors, administrators or assIgns, in fee simple, clear of all Incu~~rancc whatever, by a good and sufficient deed, the lots, pIeces or parce s of land, situated in the county of SaInt LucIe, State of Florida, known and described as follows, to-wit: The East. 66 feet of the ;brth 1~.5 feet of the ..:est 198 feet of the East 1/2 of the ~E~ of the SW~ of the s~i and South 25 feet of th~ ~orth 185 feet of the East 66 feet of the West 132 feet of the East 1/2 of the NS:~ of the, S'N,~ of the S'II:1, of Section 31j., Township 35 South, RanJe 1~0 East, Public ;:~cords of Saint Lucie County, F.lorida. together wIth furnIt~re and fixtures therein. Subject tQ eas~~ent and dedications to public for public rGads and utilities over the east 16 feet of the abovesaid tradt, and the sdid parties of the second part hereby covenants and aQre~ to pay to the said parties of th8 fIrst part the sun of 'Ll-'"v'-n TlIO"S'A,,'T\ T}-IRF~ uUr"r.\P''"'D A'fI' 1"0/100 ')OL' fI':''-' ('11 '"'no An) !:.. :.- c.~. .. U I..J. __,~ ...!J ..i...._ .h).J' ~: l...,.I'""\.,i'..J ~ ,;..... .\:.... in the followinq manner: T'JlO HillJDRSD DOLLARS AN!) NO/IOO ('::;:>00.00) ~CLLAi~3 this date paid with the balance to be paid in monthly Installments nf '{~.('O per ~onth, the first paYQen~ her~under he"Innin~on July ?~, ln~l and a like installment each successive ~onth thereafter until the balance is paid in full, with interest at the rate o[ six per cent per annum, payable from each installment annuall; nn the wholo sum remaining from time to time unpaid; and to pay all taxes, assessfl!ents or impositions that may be letially levIed or Imposed upon said land ~ubsequent to the year 1960, and to keep the ~uIld- ings upon said premises insured in some company satisfactory to the parties of the first part, and payable for the parties, respectively as theIr interests may appear, in a sum not less than the aggregate unpaid b.alance, hereunder during the term of this agreement. And In case of failure of the said parties of the second part to make any of the payrr.ents or any part thereof, or to perrorm any of the covenants on theIr part her - by made and entered into, this contract shall, at the option of the parties of the first part, be forfeited and terminated, and th parties of the second part shall forfeit all payments made by them on this contractj and such payments shall be retained by the said