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HomeMy WebLinkAbout2916 St'• 'Jf ~a ~ p~ MAIN'IEIVANCE ACyREE1~tEN'z' .~.a~~~ij~i3 THIS AGREEMENT, entered into by and between GENERAL DEVELOPMENT CORPORATY~ON, a Delaware Corporation duly authori~ed to transact business 3n the State of F'lorida, with its principal place of business at 2828 Coral Way, Miami, Flar3da, hereinafter referred t~ r~ to as General and Geor~e W. ~cnepper a sin9le man ~ ri. hereinafter referred to as "P~archaser", , W Y TNESSETH 'TEIAT : WHEREAS, the Purchaser has purchased from General the following described real property: tot ( s) 4 , in Bloek 15 , of SOUTH PORT ST. LUCIE, UNIT, 3 , according to th~ plat thereof recorded in Plat Book~~ at Page(s)~ ~ , of the Public Records of St. Lucie CounYy, F3orida, and Sn~REAS, the und~rsigned Purch~ser recogniz~s that th~ valu~ of the above described property and neighboring pr~perties is dependent upon proper maintenanc~ and upkeep, Nt)W, THERE~'ORE, 3n ccrosideratian of ONE DOLLAR ($1.OU) each in hand paid to the other, r~ceipt of which is mutually acknow- ledged, as well as other good and valuable considerations, General and Purchaser agree as follotivs: 1. (a) Until June 30, 19'71, Ceneral shall maintain the lawn ~f the Purch~ser and the Purchaser shall pay to General as a charge ~herefor at a rate not to exce~d SIXTEEN DOLLARS ($16.00) per mon#h, payabl~ quarter-annually as billed. ~he Ia~ar~ rnain- tenance serv~ce to be furnished by General shall include mowing, watezing and spraying for chinch bugs and similar lawn pests. Water required for watering the lawn of Pur~haser shall be fur- nished by the Purchaser at his ~xpense. 'the frequeney with which the lawn is mowed, watered or sprayed shall be ~t the sole discre- tion af Genera7~. The frequency of service shall be such as to maintain the 1~?wn in a neat and ord~rly appearance. General assumes no responsibility for the condition of health of the Purchaser's trees, shrvbs, and other plantings. General shall have the ron- cumulative right ta incxease the maximum man#hly rate for lawn maintenarce service by not more than ten {10~) percent of the initial maximum rate set farth above; viz., an increase of $1.60 applyiny to each of the mrnnths in the next succeeding calendar t year. ~ (b} From and ~,fter .1une 30, 1971 the cantra~tual rights anc3 obligations of General and the I'urchaser v~vith respect to lawn maintenance as set forth in this paragraph sha11 cease, termia~ate and be of no further forc~ ox effect. Haaever, it is the ~xpress intention of the undersigr~ed p~rties that the hereinaf~t~r set farth pYOVisions of this Agreement shall continue in fu~l force and eff~ct fram date herQOf until June 30, 1991. BOOK ~~c.~ .