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HomeMy WebLinkAbout2557 O.R. BOCl ST. LUCIE COUNTY, flA. 20 PAGE450 or ...1911., becau.e of ~e failure on the part of t.he aaid aecond parties, their heirs, legal r.pr..ent.ative or ..aigJUl, t.o perforJll, cOllJply with and ah1.de by eac;h and .v.xy t.h. at.1pu.lation.B, agre.- ..nt.s, cond1.t.1.oJ\8 and covenant.s as her.in set. out.. 4. If any of said .wu of money herein referred to be not: prolllpt.ly and ful.ly paid wit.h.t.n {1ft.en (15) day. next after t.he a_ ..verally becOlM due and payabl., or if .ach and every the stipulat.ioJUl, aqreUMmt.s, cond1.t.i0D8 and covenant.s of this agreeaent. arenot. duly perfor1R8d, compli.d with and abided by, the said &9greqat.e sua h.reinabove mentioned shall become due and payable forthwith or thereafter at. th. option of t.he first parti.. t.h.ir heirs, legal represent.ative. or &asigns, .. fully and com- plet.ly as if t.h. .aid aggr89ate sum of !'Our 'thousand 81ne HWldred Pift.y /Dollars ($4,950.00) was originally st.ipulated to be paid on such day, or t.he d.ferred balance thereof, anything in t.his agreement to the cont.rary not.witMt.and1nq. 5. !'o pay all and sinqular t.he principal and interest and other SUJU of money payable by virtue of this agree- ..nt, 1nclucU.ng insurance prem1uas, t.axes, or usessment.a prompt.ly on the days respect.ively t.he s... shall severally come due, and in the event. of default. ther.of t.he first. parties, t.heir heir., legal r.presentatins or a..i9ns, aay place and pay for insurance, t.axes or ......Ja8Jl't., or any part. thereof, without waiv1nq or affectinq the option t.o foreclos., and each and every payment so mad. shall bear int..r.st. froa t.he dat.e of payaent at. the rat.e of 6" per &nnUJll and shall be px~t;ly repa.1d t.o the first. partie. by t.h. second parti... Xl' IS llUTuALLY AGDBD by and betw.en t.he partie. hereto t.hK the t.~ of each p~nt. shall. be an ..sent.ial part of t.h1a cont.ract, and that. a.l1 covenants and agr....nt.. h.rem con~a1n.d shall extend to and be obliCJaU>xy' upon the he,ira, uecut.ora, .&.in~st.r&~or. and ..aigna of the re.~iv. parti... x. ".L~8 "~P, th. partie. to the.e presents have lAW 0ffIC. Of WILLES & amAH Ill. JfI M-. ...... fOil "IICI. R.<MIOA