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CONTRACT F+OR A DEBD
TFiIS IND~ITURE, made this 8th day of December, 1958, between
CAREL INVESTORS, II~C,, a Florida corporation hereinafter referred t~
as the f i rs t p az ty and MANNI E L. HOI.MFS , JR and JEAN HOLMES , h i s
wife, hereinafter referred to as the second parties,
WITNE~SETH, that the ~irst party agrees to deliver to the
second parties a good and sufficient Warranty Deec~ to the beZow
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described property after the secorid parties have completed and~~ \
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fulfilled all the obligationa here~,nafter set ~out. y
The first party hereby acknowledges receipt of SEVEATTY FZVE
DOLLARS ($75.00) as a deposit toward the purc~ase of the below des-
cribed property. The balance of TWO THOUSAND TLN DOLLARS,
($2, Q10.00) w~ll be paid at the rate of $17.50 per r~onth incZuding
interest. The interest will be six per cent (69G) per annum. Upon
completion of t~ie abave deacribed conciitions, the fl.rst party wil].
deliver the deed as sta~ked a.bove to the East i4f3.12 feet af the
West 173.12 feet o~ the South one-half o~ Lat ~7, GARDFSI CITY FARMS,
of Sec'tinn 5, Tawnship 35 South of Range 40 East, as pe~ plat thereof
on file in Plat Boolt 2, at page 5, of the public records of St.
Lucie ~ounty, Florid~, --t~f
Prepayment priviZe~e granted.
The second parties further agree to pay a11 assessments and
~ ta.xes which may be lev~.ed ag~inst the ~bove descsibed property. In
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k the event t.~ at the second parties fail to make the gayments as out-
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lined above ar to pay the taxes as outl.ined abo~e within thirty {3Q)
~ days after becoming due, then in that ev~nt, ~.his contract and
agreement ~hal7. become null and void and fi.he se~ond parties shall
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