HomeMy WebLinkAbout2887 , ~ . . .
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IO~A MAE PBACOqC (hsratn~ftsr wllecttvely roferred to ar "Peacock"). a~d : ~
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' . to sacure the release and satisfaction of that osrtain aartgage awads and ~ ~
executed by and between seller.-and Peacock securod by said lands. Satd '
. rolease and satisfactio~ shall ba obtained by seller on~or baforo August 13• 19~+•
"~y 3. ~SECOND MORTGAGE. The second aartgags shall bs i~ the form tn ~
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c~mmon use in St. lucie County, Florida. • ~
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- 4. ABS_ OF T17t~. Sallsr shall daliver to buyer or his
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attornay a canplete abstract of title to all of satd lands, certtfled ~
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from the earliest public rocords to the approxtmate date hereof withln " •
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~ forty-five (45) days from the date hereof. •
• S. TITLE AND CLOSIN6 DA'IE. In the avent that tha title to satd
~~~lands shall be found to be good and aarketable, sub)ect oniy to tax~es for '
the year 1963, and subject to that 6srtain mortgage sxacuted by and betwean
~ Blue Goose 6rowers, tnc.,.as awrtgagor, and Peacock, as oortgagee, the
buyar shali deliver the note and second aartgaga hereinabove roferred to, ~
and do ali other things necessary to close the sala haretn pravided, on ~ ~
or before March i, 1964. . ~ ~
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~ t~ the event that title to sald lands shall be found to be not.
good and a~arketable and subject oRly to the ~axes for 1963, and the mortgags• ~
hereinabove roferred to, the seller shall use reaso~able dillgenca tn
curtng the defects fn the title and shai~ have a reasonabie time within ~
~ whi ch to do so. !n tha event that -sei ler sha11 cure such dafects as a~ay -
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. appear t n the ti tl e wi thi n a reasonabi e time, thsn tht s sal e shai l be '
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~ closed within fifteen ~15) days thereafter.~ tn the event selier shall ~
~ fail to cure tha defects in the title within a reaaonabie time, than it
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' : shali refund to the buyer a11 sums paid by buyer, and thereafter this :
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- ~ agreapent shall become null and void, or the buysr shall have the right
+ to take tltle to tts e~cisting condition.
~ 6. TlTLE TO LANDS. !t fs understood and agroed by and bet~ean ~
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5. - the parties hereto that titte to all of the above describad lands shall ~
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~ . be convayed by the se{ler to the buyer subJect to the ocrtgage roferrod to
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