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OR' 17
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ST. LUCIE COUNTY, fLA,
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A/ode Ihi.
2ad
dall 01
Septeaber,
in Ih~ year of our Lord. olle Ihou_nd nine hundred and Sixty-One (~961).
~ CODY L. BAIUY and c..UOLYN A. BAILBY, hi. wife,
partie. 0,' the /I,..' pari. and
GEORGB ~tJJ1tBY. SR., and BBSS B. SALRBBY, hi. wife,
P.. -,. ~ ~.'.,I 1-1; ~.., , ~ . partie. of the '~Nmd pari,
~~ Thai if Ihe wid pari iell of the ,econd pari ,hall fir" make the palJmen" and
perform Ihe ('ovenalll. hereinafler mentioned 011 their part 10 be made and performed. the
- lQid partie. of the fir" pari hereblJ covencnl and ague to ~onvell alld alluu to Ihe ,aid
pari i.. of the ,econd part, the ir heiTl, ezu-ulor" admilli.trator. fir auigm, i,i' fee
.imp''', ('lea,. of all in('umbrance. ",hale~r, by a good and .ufTlcient deed, Ihft 101 . pi,.cf'
or parcel of land. .iluated in Ihe Countll of St. Luc ie , , State of
Florida, known and de.eribed a. follow.. Io-wit:
Begin at the NW corner of Lot1D$ of WHITS CITY SUBDIVISIoN, accor4in,
to plat thereof recorded in Plat Book 1, page 23, of the public recor
of St. Lucie County, F~oridaJ thence run East 13' feet, more or Ie..,
to a concrete monuaent on the North boundary line of .&id lot; thence
run South 659.4 feet, .ore or 1.a., to a point on the South boundary
line of said 10tl thence run West to the SW corner of aaid lot and
thence run North along the Weat boundary of aaid lot to the point of
beginning. '
EXCBPTING THBRBPROM, righta-ot-way for public roads and drainale
canals.
alld the ,aid pari!.. o{ tile ,e('ond part htreby covenanl and agru to pall 10 tht> !faid
part i.a of the fiFft part the .um of 1HiU!.B nlOUSAND PIVE HUNDR.BD tit NO/lOODollar.,
in the manlier fOllowill1: !'OOBOO caah,r!ceipt of which ia hereby acknowledg d
firat partiea~ wi h$~. alance or $3!OOO.00~ bearipg intere.t at ~
palabl~ at ra~. 0 0.0 per month coaacncin, on the ~~~ day of Octo r,
t 1 paid. 'araenta to be applied first to accrued i~t and then t
al.
_~I..t'rrl11"."II2."I..."I'..~-'7.T~'" ...U_-....
..15<...,;:lT....-.JJ<l r.J1--r.~r"r1.~"I..J.l. I-~ and 10 palJ alllaxel, a",.31mt'lll.
or imp<uiliom Ihat mall be legalllJ levied 6r impa.ed upon .aid la;td .ublt'quelll 10 the lJf'ar
---1960----------------------------.. and to keep tht> buildinll' Upoll ,aid premiu,
in.ured in .ome rompallll.ati.{actorll to the part of IIle fir" part. and pallable for the parties,
re.peclivt'llJ a, their interul. mall appear, in a .urn not Ie.. Ihan NooB '
Dollar.
during Iht' I,.rm of thi. agrumenl. And ill ca.e of fuilure of Ih" ,aid part rES of the .t'colid pari
10 muJ.-e allll of the paymen" or UIIIJ pari Ihereof, or 10 ~rform any of tile COVE'llan" uti their
pari her~bll made and t'nl,.red into, thi. ronlract .hall, at the option ollhe parties of iI,,. fir"
pGrt, be forfeiled and ttrmina/~d. alld thl! pari i<<. of the 'f'C'Olld pari .hull forf,.it all palJm~ni.
made blJ the. on thi. ,contract; ana 'Uell pGymen" .hall be r,.tailll'd by the .aid part ie a
of Ih.z fir" part ill full IOti'ladion and liquidation of all damagt'. by them .ullailled, alld
Ihe 3o.id port ie. 01 Ihe {U'II part .hall halH thl" right to re--t'lIter and take polleuioll of the
.!if:~~'e:3ltoreff"/.\t'~~lul :~~! fa~le,~ 1:j~Yyl l't~~~. PT!XilSISn!O iI161';JiI1~r
period o! 30 <day. ~D 1frAklna paYMent. lere1J1'lder prior to Ie~ault~";;I '--.
It Is ~ Rgrud. by alld ~tween the partie. h~~dol thai thE: tirri~~~/t(q(:h paym'~~",,'
,holl bl! an euelllial part of thi. cOlltrad. and that all covenanll alld agreemt~tl.l;tt'rt-il&..,t'1fii/aill,.d
.hallI'J:tend to and be obligalory upon Ih,. hei", uuulors. admilli.lralor, anil a......igll$ of tljf' ,.,i-:
.pectilH! parlin. ' ,~.~, ,j I \';
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II .~ lIhmfft Thf' partie, 10 theu preutlt. have lct'reullto .('1 tirei~'~~~~'~~~'~(JI,
th,. day and Ural' Ill'" above ~rittfll. ' ' l." '"
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Stgned. St:l.ll!d f.wd DtlilJued ill Prl'llence of: \
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