HomeMy WebLinkAbout2247 ~ .
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terred to as "Psacoak"~, and to=~s~cuie the r~loase ~ aatis~ac-
tion of that certaia mortgaqa made a~ executed by a~d bstw~een
. Seller and Peacock aecured by said lands.. Said relense~and satio-
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faction shall be obtafned by Seller~ on or before Auguet 13, 1964.
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. ~ 3. 8$CO1~D' I~oRT3AC#S: 1'he second mortqaqe ehall be 3ac~
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~ the form in co~mwn ues in St. Lucie County, Florida. -
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~ : 4. ABSTRACTB. oF TZTLB: Ssiler ~ahali deliver to Hv~yer
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~ ~or his attorney a camplete abetract of title to all of said lands, ~
certified frc~a the earliest public records to the epproxin?ate
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` date hereof within forty-five ~45} daya fraa the date' hereof, ~
~ • 5. T=TLS A~TD CLOSI~ D~ATB s In the avent that the title ~
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~ ~ to said laada shall be found to be qood and marketable, eubjact .
only to taxee for the year 1963, and eubject to that certafa mort-
~ gage exeeuted by and betw~een Blue aoose Orow~ezs, Inc., as nartgaqor~
snd ~eaeock, be mortgag~e, the Huyer shall deliv~r tl~s ~`~c3 -
• s~cond mortgaqe hereinabove referred to~ and do all other thinge _
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necessary to close the sale herein pravided, on or before 1?~aErch 1,
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. 1964. ~ . ~ . ' _ . .
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In the event that title to esid lande ahall be ~ound to i.
be not good and mahcketable and eubject only to tha tax~es for 1963t ~
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and the mortgaqe hereinabave referred to, the Seller shall use _ `
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reasonable diligence in curinq the defects in the title aud shall _ ~
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have a reasonable time within ~hich to do so., In the event~that j
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' Seller ahall cure such defects as ~y appear in the title ~rithin s ,
reaeonable t3me, ttien thie~ sale• shall ba eloeed within fifteen ~15~
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. daye thereafter. In the event Sellsr ehall fail to cure the defecte j
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~ in the titls within a reaeonable tims, then it shall refund to the ~
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Buyer all sums paid by Buyer, and thereafter this aqrsement ehall ;
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. become null and void, or the Buyer ehall have tbe siqht to taks ' ~
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~ title in its exi~tinq condition. ~ ~
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