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MAINTEnTANCE AGREEMENT ~
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THIS AGREEI+~NT, entered inta by and between GENERAL
DEVELAPMENT CORFORATION, a Delaware Corporation duly authorized to
transact bu~iness in the State of Florida, with its pxin~ipal place
af business at 2828 Cora~ Way, Miami, ~lorida, hereinafter referred
to as "General", a~d~ ~'fL/~ _f/ ,C~~'~~~~?
T~
hereinafter referred to as "Furchaser",
~n1I'ITJESSETH THAT:
~JNEREAS, the Purehaser has purchased from General the
~ollowing described real proper~y:
Lot ( s) ~ 5~ , in Block ~ , of SOUTH
POI2T ST. Y.UCZE = UNI T / , accvrding to the
plat thereof xecorded i.n Plat Baok~, at
Page(s) 1~ y- , of the Public Records of St.
Lucie County~ F2orida,
and
~n?I-iEREAS, the undeYSigned Purchase~r recognizes that the
value af the abave described property and neighboring properties
is dependent upor, proper maintenance and upkeep,
NO~J, THEREFORE, in consideration df 01VS D(3LLAR ($1.00)
ea~h in hand paid to the other, receipt of which is mutually acknow-
ledged, as well as ather good and valuable considerations, General
and Purchaser agree as follows:
1. (a) Until June 3d, 1971, General~ shall rnaintain the
lawn of the Purchaser and the Purchaser shall pay to General as a
charge therefor at a rate not to exceed SIXTEEN DOLLARS ($16.00)
per month, payable quarter-annually as billed. ?'he lawn main--
tenance servi~e to be furnished by General shall include mowing,
watering and spraying for chinch bugs and similar lawn pests.
Water required for watering the lawn of Pu~chaser sha11 be fur-
nished by the Furchaser at his expense. The frequency with which
the lawn is mawed, watered or sprayed shall be at the sole discre-
tion of General. The frequency of service shall b~ such as to
maintain thp lawn in a neat and orderly appea~a»ce. General assumes
no responsibility for the conditian of health of the Purchasez's
trees, shrubs, and othex plantings. ~eneral shall have the non-
cumulative right to increase the maximum monthly xate for lawn
maintenance service by not moxe than ten (lU!) percerrt of the
fnitial maximum rate set .fortY~ ab~ve; viz., an increase of $1.60
applyi.ng to each of the months in the next succeedi.ng calendar
year,
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(b) Fxam and ~fter June 30, I971 the cor~tractual
rights and obligations of General and the Purchasex with respect
to lawn ma3n~enance as set farth in this paragxaph shall cease,
terminate and be of no further force os effect. H~wever, it is the
express intention of the undersigned parties that the hereinafter
set forth provisiot~s of this Agreement shall contir~ue in full force
and effect f~om date herer?f until June 30, 1091.
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