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HomeMy WebLinkAbout1994 ,5 , , i R ~ > i~ >a . MAXN'rENANCE AGREEr'iEhT'~ TF~IS AGREEMENT, ~ntered into by and between GENERAL DEVELOP~SENT CORPORATION~ a Del.aware Corporation duly authoxized to transact business in the State of Rlorida, w~th its principal ~lACt? of busifiess at 2828 Coral Way, Dtiami, rlorida, hereinafter referred ~Co as "General", and George P. A~astronc~~ & May R. Armstrong ~ hereinafter referzed to as "Purchase~r", ~ ~ ~~VITNESSETH ~r1iAT: i~HEREAS, the Purchaser has purchased from General the ~ollc~wing described real pYO~erty: Lot(s)~, in Block 7 , of SOUTH PORT ST. I.UCYE, UNIT~, according to the plat thQreof recorded in Plat Book , at Page(s) ~ y, of the Public Records of St. Lucie County, Flaxicla ~ and T~dHEREAS, the undersigned Purchaser recognizes that th~ value of the above described property and neighb~oring properties is dependent upan proper maintenance and upkeep, NC7~J, TI-~REF0~2~, in consideration af t71VE DC?LLAR ($1 e 00) each in hand paid to the atl~er, receipt of which is mutually acknow- ledged, as well as nther goed and valuabl~ considerations, General and Purcha~er agree as follows: 1. (a) Until June 30, I~71, General sha1l m~intair the ].awn of th~ Purchaser and the Purchaser shall pay to General as a charge theref~r at a rate not to exceed SIXTEEN DOLLARS ($16.C~0) per month, payable quarter-annually as billed. Che lawn main- tenance s~rvice to be furnished by Gen~ra2 sha21 include maming, watezing and spraying for chinch bugs and similar lawn pests. Water required for watexing the lawn of Purchaser shall be fur- n~.shed by the Purchaser at his expense. The frequency with which the lawn is mQwed, watered e~r sprayed ~h~Il be at the sole discre- C tien of General. Thc frequency of service shall be su~t~ as tr~ i maintain the lawn in a neat and orderly appeaxance. Gereral assumes j no responsibility for the condition of health of the Purchasex's ` trees, shrubs, and other plantings. General shall have the non- cumulative ric~ht to incxease the maximum monthly rate for Iawn maintenance ~ervice ~y not more than ter~ {10~) Fercent of the ~ initial maximum rate set forth abav~:; via., ~n increas~ of $1.60 ~ ap~l~ing to each of the months in the ne3ct succeeding calenc3ar ~ Y~ar. ` (b) From and after Jun@ 30, 1971 the eontacactual ~ r3ghts and obligations of General and the Purchaser vvith respe~t to lawn maintenance as set forth in this paragraph shall cease, € terminate and be of no further force oY effeat. Hvwever, it is the ` express intention of the undersigned parties that the hereinafter ' set fortl~ provisions af this Agr¢ement sha11 continue xn fu~l force ; and eff~ct from date hereof until June 30, 1a91. ~ i ' J ~ ~ti : .t~:~