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HomeMy WebLinkAbout2789 feet to the POINT OF BEGINN~NG. Containing 0.093 acres, m~ore or Zess. AND ALSO: COMMENCILdG at the W~ corner of said Section 10, run thence S 89~51'38" E alQng the South line of the NW ~ of said Sec~ion 10, for a dis- tance of 150.99 feet to the SW corner of the E 1b0 feet oi the S~ of the W~ of the W~ of the SW ~ of the NW 4 of said Section 10; rui~ thence N 0°14t44" E along the West line of the sai.d E 160 feet, for a distance of 81.00 feet ~o a point in t}ae Northerly ~ight-of-way line af Canal No. 45 of the Narth 5t. Lucie River Drain- age Distric~, as recorded in Minute Book 4, at ~ Page 28 ~f the Public Reco~ds of St. Lucie County, FZorid~, sair3 point also being the POINT OF BEGIN- NTNG; run thence S 89°51~38" E along the said Northerly right-of-way line for a distance of 160.OQ feet to a point in the East line of the E 160 feet of the S~ of the W'~ of the W~ o£ the SW of the NW 4 of said Section la; run thence N 0°14'44" E along the East line of the said E I6Q ~eet, a distanee of 20.03 feet; run thence S 83~00`15" HT ~or a distance of 161.28 feet to the PO1NT OF BEGTNI~TING. Containing Q.037 acres, more or l~ss, and ~he said party o£ the second part hereby coven~nts and agrees to pay to the said parties ot the firs~ part the sum of Thr~e Thousand Five Hundred Dollars ($3,500.00) in the manner follawing: The sum of One Thousand Fifteen ($1,015.00) Dollars, in cash, upon execution and delivery of ~.his Agre~ment For Deed; and the ~emaining balance of Two ~housand Four Hundred Eighty-Five ($2,485.00} Dollars to be paid in five (5) equaZ an:~ual installments of Four HundrEd Nznety-5even ~ ($497.04) Dollars each, tvgether with interest on the balance remaining due and unpaid, from time to time, at ~he rate of six (6~) pereent per annum, payabZe annually, said annual pay- ments of ~rincipal and interest to begin on the day of ~ , 1966, with ~he privilege of pr~-pa nt o alZ or any part ~f the unpaid principal sum, in additicn thereto, withaut penalty, at any time; ~ and tc~ pay a11 ~axes, assessments or impositions that may be lega-- Zly le~,ried or imposed upon said Iand subsequent to th~ year 1964. And in case of failure of the said party o~ the second part to mak any of the payments or any part thereof, or to perform an~ of the covenants on his part hereby made and entered into, tY~is conErac~ sha~~, at the option of the parties of the first part, be for- fe~ted and terminated, and the party o~ the secr~nd part sha]_1 far- LhW OFfiCES feit a11 payments made by him on this contract; and such payments FORD 8 1'Yf shall be retained by the said parties af the first part in full 121 North Faurth Street sati~faction and liquidatian of all damages by them sus~ained, and Aresde 9aiildinq foH Pierce, Florida 2 _ ry 6 ~`?~V Gl.~r'1 ~~~w+ v