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HomeMy WebLinkAbout2778 l .. ftll. ~ - 10 PAf[b~S '~r', ~\ L~~~. ~L.. ARTICLES OF AGREEMENT MADE this Lday of Augus.t A. D. 1961, between FRANK W. LOLL and LUCILLE G. LOLL, his wife, parties of the first part, and AffiERT B. WHEELER and BARBARA J. WHEELER, his wife, of 5200 Juanita Avenue, Fort Pierce, Florida, parties of the second part, ---------- WIT N E SSE T H That if the said parties of the second part shall first make the payments and perform the covenants hereinafter mentioned - on their part to be made and performed, the said parties of' the first part hereby covenant and agree to convey and assure to the said parties of the second part, their heirs, executors, adminis- trators or assigns, in fee simple, clear of all encumbrances whatever, by a good and sufficient Deed, the lot, piece or parcel of land, situate in the County of St. Lucie, St~te of Florida, known and described as follows, to-wit: Lot 20, Block L of HARMONY HEIGHTS ADDITION, as per plat thereof re- corded in Plat Book 8, at-page 38 of the public records of st. Lucie County, Florida. and the said parties Jf the second part hereby covenant and agree to pay to the said parties of the first part the sum of FIVE THOUSAND TWO HUNDRED FIFTY DOLLARS ($5,250.00), with interest from date at the rate of 6.6~ per annum, as follows: THREE HUNDRED FIFTY DOLLARS ($350.00) upon the signing of this Agreement, the receipt whereof is hereby acknow- ledged; FIFTY DOLLARS ($50.00) on the 8th day of September, 1961, and $50.00 on the 8th day of each succeeding month there- after until the principal balance of this contract has been reduced to the sum of $2,500.00. When the principal balanoe of this Con- ~ract has been reduoed to $2,500.00, first parties hereby agree to convey, by a good and sufficient Warranty Deed, the aforementioned property to seoond parties, and second parties hereby agree