HomeMy WebLinkAbout1702 . . . ~
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Nor ~Lsil •uch ss~i~uuent b• d~~ned vt~lid uale~• th~ ~~~i~ntaeat aod .
ss~u~aaption a~re~aeot ase promptly filed tor recosd i~a th~ o~tice at •
. Cle:k ai ths Ctrcuit Coust af St. Lucie County, Florida~ sad an ori~inal . ~
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' executed copy theseo~ deiivesed to the LT~,SSO~. Vpon assiQwc~aent o~f the
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; I.ESSEE'S inter0~t hersin in sccosdaace with the pro~i~ion• hesein above ,
~ set out, tt?e I.ESSEI~-~ASS~QrNOR ~and any •ubs~queat L1CS.SEE•ASSIGNOR, ss
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i - the caso msy baj ahaU be relieved sad dischas~ed isom. say aud sll ~urthe~ •
lisbility and respoa~ibility s~ ~~uch t
r~ uader the terms o~ tbis a~ree-
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~ ment, sad the LF~SSOR. alu?ii took soidy to the thea ss•i~uuee for per• ~
+ . ~osmsnce af the tesms required to be perforined by the LFSSEE heseuader~
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: ~ ' ~ ARTICLE X7QY '
~ ' OPTION TO PURCHASE: . . ~ ~
~ Aa one ot tbe cowiderst3ons hersfor, the L~SS~~ shall hsv~ sn ~
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a.~ - , optioa to purcha~e the sfore-described property for ~the •ur~ci o~ ~IF'~2Y'
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= ~ ~ ' . ~ THOUSAND ~50, OOQ.Qpj DOLI+ARS dusing the fir~t T~N {~IO~ YSARS o~ ~ -
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° ~ the term of the leaae, by notity~ag tlie LESSORS in writia~ at the addres• ~
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. of their legsl couasel, ~r. Rime, or by peraonaLLy ao~ifyia~ LE.SSORS a~ :
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~ . sach election to purclsa?se. The . atiun o~ FIVE THOUS~Ai~TD ~;5~ 000.00} •
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! DOI.I.ARS cash •hal! be paid aa s biader p~s.yment to sccc~npsay the let#ar
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` - af election to purchaae. An additional NINE THOUSAND-FIVE HUNDRED °
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~ ! ~ (,~9.500.00) DOLLARS cash will be psid at the closing. whfch ~ball be ~no .
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~ later tban ~HIRTY ~30) DiAYS sfter the aotice af etection to purchase has
~ ' ~ beea received by I~S.SORS' counse! or oaa of ~ the 'I+ESSORS. Simultsneowly
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~ with the delivesy af tLe deed by L~BSO~RS to I.ESSEE, I.ESSOR$ ~rill receive
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_ s Psonnissory Note or Notea fos the bslance o~f the FIFTY THOLTSAND'
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~ ~~i ~50,A00.00~ DOLI.l~RS considsrstion psysble in TEN ~IO~ equal sanual
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' ~ ~ . ~ • instsllmeats plw SI% P~RCENT ~,6'X~ intere~t, ~vf.th •uch aote~ and ~ .
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~ mostga?ge containiaQ a pre-paya~ent clawa cssr~ia~ ~ao penslty. - The d~ad ~
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irom LESSORS to LFSSET~. shaU coatain cov~naats o~ arassanty s~ to ths :
, sbove-dascsibed Psopest~. sad sbsil slso iuclude al! si~,Lta,~ title snd .
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iatesa~t, it sny, ai LE83QR3 iu snd to th~ I00 foot essement ad3oinio~ the
~ ~ - propesty in questioa oa the Nortt?esst, da~asibed in Deed Book 100, st ~
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; ~ . - Page 2T# ci th~ public recosda aE 8t. Lud~ Gouoty~ Florids...sa~y?li ri~ts~
, tl.tle sad iaterert, iacludia~ si~hta at •~s~~• sad iaQr~sa od I.ESS~RS aver -
. u,d sasoa• the cit~ oaaed Es~t 83 te~t a~ th~ We~t 40 toet o~ Lot 68 0~ -
; I~tarsvilb Gasdena Subdivisico. Vpoa sscoipt ~ot sucb :vvsitt~n aatico of
~ the LiC88~~ e~scisia~ the op~ion to purcl~?~e bss~by ~ssat~d, the I~88~ •
~ _ Zs. gQ ~500
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