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HomeMy WebLinkAbout2556 LAW OffICES Of WILLES & IITTAN .agu'l..... WId!.. fORT PlDCe. nOIlDA ~b~i 20 PACE449 ST. LUCIE COUNTY. ru, month first shall be applied on payment of the !nt.rest and then on the unpaid balance of the principal. Bum. If default i. made in the pAYJMnt of any ilUJtall.JDent When due, then at the option of the parties of the first part, and without any other notice all the remaining installments sh_ll be due and payable at once. Privilege is given to pay two or more installments at any install- ment maturity date, but this shall not extend the time of ~turity - .. of any subsequent installment. Reither forbearance, nor accept- ance by the parties of the first part hereof after any default in any payment hareon, shall be deemed extension. AND the said parties of the second part for themselves and their heirs, legal representatives and aSSigns hereby covenant and agree with the Pllrties of the first part I 1. To pay all taxes, assessments or 1IIIpositions that may be legally levied or imposed upon said land subsequent to the year 1960, and to keep the building upon said premises L~sured 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 Pour 'l'housand Dollars ($4000.00) during the term of this agreement. 2. In case of failure of the said parties of the second part to make any of the payments or any part thereof, or to perform any of the covenants on their part hereby made and entered into, this contract shall, at the option of the parties of the fir t part, be forfeited and terminated, and the parties of the second part then shall forfeit all payments made by them on this contract and such payments shall be retained by the said parties of the first part in full satisfaction and liquidation of all d~.ages by the. sustained,' and the said parties of the first part shall have the right to re-enter and take possesaion of the premises afore- said without. being liable to any action therefor. 3. To pay all and -in9ular the costs#' charqes and expenses, includ.i.ng attorneys. fees, reasonably incurred or paid- at any tille by said first partie., their heirs, legal .present.ativ . -,~.,--.~~~~~--- - ~- _....-.,-~ ..#~ ~-._-.",,----_.-.........----_.. - '-~-.-._'--""'-'.'.'.'