HomeMy WebLinkAbout1807
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15 PACE357
, ;', ~ llCI[ COUNTY, rlA.
ID add1 tion to tM :fo,relOUl&. ~. parV ot the ..oon4
part will p~ all tuture taxes, Ul!8e_nts or 1apo.1 tion. tb&'t
.., be 18811117 lev1e4 or illlpose4 upon .ai4 land sub..quent to
the ';year 1960 with the exception that the partie. ot the first
part will PQ the pro-rata ahare of the 1961 oountJ a4 TaloruPI
tax.s for the first 184 daya thereof. In case of f&ilure of
the said party of the second part to make any of the payments
or any part thereof, or to perform any of the oovenants on its
part hereby made $nd entered into, this contract shall, at the
option of the party of the first part, be forfeited and termin-
ated, and the party of the second part shall forfeit all
payments made by it on this contract; and 8uch payment aball
be retained by the said party of the first part in 1'ull satte-
faction and liquidation of all damages by it sustained, Rr.d th~
said party of the first part shall have the right to re-er.+'cr
and take possession of the premises aforesaid without being
liable to any actlon therefor. !n the event the party of th€.
first part desires not to declare a forfeiture and either de-
sires to foreclose this contract or to Tequire specifio
performance of this contract, then the part,y of the seoond pa.~
agrees to pay all coats of such proceedings including a reason-
able attorney's fee. However, in the event there is a defa~~t
on the part of the party of the second part, the part,y of the
tirstpart must give the party of the seoond part 30 days
written notice prior to the declaration of a forfeiture or tLe
institution of either a foreolosure of contraot proceeding 0=
the institution ~f a specifio performance suit.It is unders~
that this agreement is a municipal obligation.
IT IS WTUALLY AGREED by and between the parties hereto
that the time of each payment shall be an essential part of thts
contraot, and that all covenants and agreements herein,~pntain-
ad shall extend to and be obligatory upon the he1r8~.8udbe..p~
executors, administrators and assigns of the resPe..bt1..ve"'P'arties.
.Time 1s of the essence in this contract. {,' ",.' ... ".... . '...
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IN WITN~S WHEREOP, the parties to these '~8.~~S ~}ja~,~ . , .
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hereuhto set their hands and ~ea18 the day and y~r f'~r'*'-'''' .-
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above written. ' '. C ~ '. <'j
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EAST COAST GROCERY:~ANY,
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Party of the first part.
CITY OF PORT PIERCE
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Approved as to Form
& Correctness
B~~
torney
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