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HomeMy WebLinkAbout0567 ~G~l 2B fAc.f5~12 \, T. lll(:[ (Ll~TT.JlA, ~i~W ARTICLES OF AGREEMENT ..de ~1. 24th d~ of Janua~y, A. D. t962 b.\...n GEORGE 1. SHArPER and JL&XNA .. SfU'rf~, his wi!., par". of th. first part, and JACKSOli 1l'RANltLIN LONG, purty of the seoQnd part, Ht. 4, .Box 14'1, ft. Pierce, It''lorldu WITNESSETH, That if tn. .aid party of th~ eecond purt Bhru'l fir"t sake t.he pa,yme.nt.s and perform the ,COV&HU1te herslnHfter ;untlom.d on hie part. to be made and por!oTItAd, th~ auid pfll"tyO of t.h. first p.u.t. hereby covena.nt and agrtle to convay and FiB6ure tel the aald party of t.he second pa.rt, hlo heirs, executora, uctmilll.n- lotratore or aaa1B1HJ I in fe. Qh1ple, olear of all inctlti.';hl'HIlceR wh,a tever, by 8 good and Buf!i c lent deed; the lot, l' i sce or parcel of la.n,d, 6 i tua ted, in the County of St. Lucie I S t;n te of Flul' idh, known and described HS follow8, to-wi t 1 }j.~inni.ng fit the h'"W corner of 10t 99 of WHITE CITY in Seotion 5, To~nuhip 36 South, Runge 40 East, tie per plat thereof on file in PInt Book 1 at poge 23 of the pu.blic reoorda of St. I.ucia County, z'lorldu, ru.n Eafjt 533.5 teet to a point; thence turn attd run South 25 feat [or a l.loint of beginn.inf,J .from aai d po.in t of beginning con tinuft Sou th 125 feet too a point; thence turn and run East 144 feet to n poi.uti thenoe turn and run Hartl! 125 feet to a point; theno.turn and run Weet 14 4 feet to the po lnt of beginnlng;; aui d land 'bat ng a.lao dfJBcrJ bed as Lota 1 and 2 of an unrecOrded plat entit18d MIDTOWN ~UBDIVISION~ lying in LotH Yu and 99 of White G1 ty in Section 5, Townahip 36 South, Range 40 .Eaa t., aa pOl' plat thereof on file in ,PIn t Hook 1 at page 23 of the public recorda of St: Lucie CO\.i..n ~, 11Q1' ida. and the sald 'partj of the f3Gcond part horoby COV61HUltS w;d lIbree to pay to th~ said parties of the firet part tho uum of T'clREE THOUSAND AND HO/100 ($3,000.00) DJLLARS, in the l11ar~n6r following; 1600.00 down, r&celpt of which is hereby acknowledged. The balance of $2,400.00 together with intorest from date at the rate of 6~ per rnmum on the unpaid balance aholl bo pnynble in mOn thly ins tnllment.a of $40.00 with f1 ra t pnj'fI'lon t be ing due and lln.Yn b1 (} on the 15th day of Pabruary, A. D. 1962 and on the 15th tiny of of\;:h month thereafter until pnid in fi1l1; and to ~IUY ull tn,XEHJ~ aSBfHiOllH9ll to annuBlly on t.he whole sum remaini ng from t irue to t j ne unpaid; a.nd to pay all taxes, nBaofH3menta annually or impoaitiOl\e that may te la~al1y lovied or 1~poaed< upon Baid lan~ ouo6oqllont to the year 19i) 1, 1.U1d. to ktHlp tne bui ldint;B upon eu~a prel.'J.iooa insured in soma company 6atlafncior,y to the parties of the firai part, and payable for the parties, respectivoly us thair interest If.ay appear, in a aum not leas than thQ amO~J.11t ramallliHg from time to' t 1me UTi> u t<1 during the term of th.1 f.l agroemen t. Alld in c aae 0 I failure of tho Boid party of the aacond p~r t to .aka tho paymento or any part thereof, or to perform 91.i:y of the covenants on hto l>art hereby WldtJ and enterad iuto, thin contract shall; at tho option of t.h@ partieli oJ: the first. pnrt~ bQ foriel t.ea and iortdnuted, and the party of the second part. ohall forfeit all PR.'lYtB nta muda by him on thle contract. and Duon paym8uto uha.ll b@ retained by the said p&rt1es of tl~ first part in full 9ut.iaf~~tlon W10 liquidation of all da.mli,{!;e~ by them (1u~t"lnad and the BRid partieR of tho firat part shall haY6 th61 l'~t to re-ant13r and ~t~k& po080000n (if tho pramisuB aforeeaii without being liabl@ to my Bo1;10)1 therefor, 11' IS MUTUALI':! AGREED. by and agreed ti.w,L)u.r-tlfJ8 hereto, that thfi tiau of .JJach. PDYl'.tent anall CG W1 eaafiutlnl part of n.d.e CCil1tl'n.ctt $lid thatull oovenants and fl.irfilGllents h(troln oontaini.'}d 8h011 extend to and 0'6 0 bllga tory upon the ~i 1'8 f ox. en tors, admi ni6tra tore and &.lSeig.ntl of the r.~p.oth'i pw:tlIl5. ;.