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i~ TUTBIAHX wao~fr~wao ~ a.•• orr~ca
~ Faem 7r8 Florid~ A(3RF.EMEN1` p~p(t DEfil). Tuii/e ca w F'r~ns Rb/.shers,Aki/~+ap: N
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j~ Articlee of eement, .Made thia a~~ day of october I
~ i~x the year of our L-~ora~one thousand nine huru~red and Si~c~~ Fi~re '
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~ ~tW~l:l R07 B. LIIC~AR.~ and I.BOIU R. I.IICI~LRD?, huebsnd snd vit'e ~
I part iee of the ftrst part, and
AI.~~iT ~IETH and DO~OTH7 T. M~IAI~PH, his vife
.llailin~' .4ddress , part ies of the seeond part,
, 1Q2Q Oaeeala ~enue~~ Stnart, Florida . ,
~~ltIIe88e That if the said parties of th.e second part shall ftrst muke I
i the payments azd perform the covenarz~s hereinafter mentianed on their
part to be made and performe.cl, the said partiea of the ftrst part hereby oovenant
a~td a~ree to cont~ey and assure to the said part ien of the second part, their
I heirs, e.xecutors, arlministratars or assi~ns, in fee sim,ple, clear c~f all
incumbrances whateUer, by a~SOOd and suf~'icient deed, the lot , paece , or pareel , i
of ~Srou.nd situated $n the Cnunty of ST. LIICIE , StatP of Floricla,
i known and described as fallows, to-wit:
~ Lot Siz nf Le+POuzrieau~a subdivi$ion of part of Seation Aine and
~en ToMnship 37 S~ Rar?ge 41 E, eubject to existing raad right
~ of vays.
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pur 1.
i' Law F r, l5 0 1911 '
Gt COl YARi1M Ill ry. I
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,~j and the said part iea of the second part herebb covenant and a ree to puy to
!i the said parties of th8 first part the sum of Three ?houssn,d and no~100 (=3,000.00)
' -----...._---.-----..--------------------..-----------Dollars, in the rrt~nner followin~
l iSQ•00 Received as Binder
~ ;50•00 aisultaneous xith the delive hereuf
=50.00 on the 21at day of Aovember~~~~+a'~a~very month thereaf~~r unt~il
I' fully paid ~
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with interest at the rate of _5 1/2- per centum, per annum puyable quarter
annual~y on the whole sum remainin~ from time to time unpaid; and to pay all
I~ taxes, assessments or impositions thut may be le~ally levied or imposed upon said
~I land subsequsnt to the year 1965 _r~, and to k~eep the buildings
ttpon sai~i preniises insured ~r~az~tst fire an~~ windstorrrt.
~ S~----------------.--~.---in, sonze conzFa~i~~ satisfactori~ to the part of the ftrst
i part in a surrL not less than--------------------Dollars durin~' the term o~' this
i a~reement. .qnd in ease of failure of the said part ies of the second part to make
i either of the payments or any part thereof, or to perfornt ctny of the covenan•ts on
their part herebr~ made an,d entered int~, this contract sh~lZ, at, the option
~ of the part ieB of_the f~rst part, be forfeited ancz tetminated, and the part ies of the
second pdrt shall forfeit all payments made by them on this contract; and
'I such pay~nents shall be retained by the said par~ies of the ftrst pdrt in full satis-
l faction and liquidation of all damages by them sustain,ed, and said part ie~
~ of tjae ftrst part shall have the ri~ht to re-enter and take possession af the pre~nises
i~ aforesdid u.~ithout bei~ag liable tv any action therefor. Ho sand shall be removed
I~ from the property hereinabove described during the texm of this Agreement.
It Is Mutually Agreed~ by ~cnd between the parties hereto, th.at th,e time
;j ~~f I'~rym,ertt shall be. an essential part of this eontract, aru~ th~zt all eoven~zrats and
~ ~ cr,%reer~~ents herein coritairred shall extend to and be oblisatonf upon the heirs,
Nxeci!tors, adn~irt.istrators and assi•~Sns of the respectzve purt,i,es.
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In ~ ii:ness Whereof, The parties Lo these presents haz~e hereunto set
th,eir hurZds and seals t.he day and year first abor,~e written.
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~i~nrd, Sealed and Deliv~red in Pre~ence of; ,
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