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CONTRACT FOR A DEED
THIS INDENTCTRE, made this 12th day of January, 1954 between
CAREL INVESTORS~ INC., a Florida cQrporation, hereinafter referred
to as the first_ party and JO~Il~1 S. HOI.ML.S and GENEVA B. HOLMES, his
wif~, hereinafter re£erred to as the second parties.
WITNFSS~TH, that the first party agxees to deliver to the
second part3es a good and sufficient Warranty Deed to the beZow
described property after the second parties have completed and
fulfilled all the obligatians hereinafter set out.
The ~irst party hereby acknowledges receipt of ONE HUNDRED
FIFTY DOLLARS ($150.00) as a deposit toward the purchase of the
below describ~d px~aperty. 'Zhe balance Qf ONE THOUSAND THREE
HUNDRED FIFTY DOLLARS ($1,350.00) will be gaid at the rate of
$20.00 per month including interest. The interest will be six
per c~nt (696) per anxYUm. Upon completion of the above describerl
canditions, the first party will deliver the deed as stated above
to the ~ast 100.00 feet of tYie W~st 273.12 feet of tihe North one--half
af I,~t 97, GARDEN CITY FAP.I~iS, of Section 5, Townshi~ 35 5outh of
Range 40 East, as per plat thereof on file in Plat Baok 2, at
page 5, of the public records of St. Lucie County, Florida,
Pre--payment
pr~vilege grant~d.
~he second partfes further agree ta pay all assessments
and taxes which may be levied against th2 above described property.
In the event that t~e second parti~s faii to make the payments as
i
outlined ~bove or to pay the taxes as outl~ned abc~ve within thirty
(30) days after b~coming due, then in that event~ th1:s contract and
.
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