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HomeMy WebLinkAbout2864 : T-567~ _ MAIN'IENANCE AGREEFIEI~T : ; . THIS AGREEMENT, entered inta by and between GEIVERAL DEVELOPN~NT CORPORATION, a Delaware Corporat~.on duly authorized to tran~act business in the State of Florida, with its princip~al place of business at 2828 Coral Way, Miami, ~lorida, hereinafter referred to as "General", arfd Roc,~,~ Oliver ~dhite and Miriam Youn~White , his wife hereinafter referred to as "Pur~haser", TnJI'Tlti'ESSE'TH 'CfiAT: WHEREAS, the Purchaser has purchased from General the following describ~d real property: Lot ( s)! 16 , in Block 1 , of SOUTH P~RT ST. LUCIE, UNIT~_, according to the nlat thereof recorded in Plat Book 1~, at Page ( s) c+f the Publ ic Recoxds of St . Lucie County, Florida, and ~~JI-~REAS, the undersigned Purchaser recognizes that the value of t~ie above described property and neighboring properti~es is dependen~t upor praper maintenance and upkeep, NC7W, TWRE~RE, 3.n ccrosiderati~x~ of O1VE DOLLAR {$1.00~ each in hand paid to the other, receipt of which is mutually acknaw- ledged, as well as other good and valuable consideration5, G~neral and Purohaser agree as follaws: 1. (a) Until June 30, Z97I, Genezal shall maintaxn t:~~ lawn of the Purchas~r and the Purchaser shall pay to General as a chazge therefor at a rate not to ~xceed S7XTSEN DOLLARS ($16.00) per anonYh, payable quarter-annually as billed. ?'he lawn m~in- tenance service to be furnished by General shall include mowing, watering and spraying for chinch bugs and similar lawn pests. ~nlater required for w~tering the lawn of Purchaser shall be fur- nished by the Purchaser at his expense. 'Che frequency with which #he la~wn is mowed, watered o~ sprayed shall he at the sole discre- tion of General. The frequency of service shall be such as to maintain the lawn in a neat a?nd orderly appearanCe. G~nera3 a~sumes ~o respvnsibility for tIie condition of health of the Purctxaser°s trees, shrubs, and other plantings. Gen~eral sha21 ~ave the non- cumulativ~ rigY~t to increase the maximum monthly rate for ].~?wn ~r?aintenance service by not more than ten (lOgo} percent of the in~tial maximum rat~ set forth above; viz., an increase of $1.b0 applying to each of tY~~ months xn the next succeedi,ng calendar year. ~ F'rom and after June 30 1971 the contractual ~ ~cights and obligati~ns of Genezal and the PurchaSer with r~spect to Iawn maintenance as set forth in ~his paragraph shall cease, terininat~ and b~ of ns~ fuzther force or effect. Hawevex, it is the express intention of' the undersigned parties that the herein~after set forth p~avisions of this Agreement sh~ll contfnue in fu11 for~e and Offect fzt~ date hereof until J~ne 30, 14'91. ~~1~