HomeMy WebLinkAbout1840 i
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J 6. That inasmuch as the parties are jointly seized of certain i
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~ real property located in Orange County, Florida and more particularly ~
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; . described as: j
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, The West 65 feet of the East 165 feet of the SW 1/4 of +
; SW 1/4 of Section 32, Tnsp. Z1, South, Range 29 East, j
, lying North of Clarcona Road, less North 470. 2 feet !
' thereof;
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; I and inasmuch as it is the desire of the parti~s that the said property be !
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; j sold and a final settlement and distribution of their respective interests (
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, party of the first part and the party of the second ;
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; I~ part do herewith agree to the following t~rms governing the disposition ~
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of the property: ~
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f ~ a. That the said property be placed i~ the hands of a licensed
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~j broker chosen subject to the approval of both parties, and piaced u;~on the ~
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markQt for sale, with brok~r`s commission not to exceed S~.
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b. That the designated,sale price shall be $II, 500. 00; l~sser ~
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offers to be considered subject to the final approval of both parties to this ~
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. agreement. ~
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c. 'I`hat the property shall be offered for sale for a p~riod of 90 '
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! days from the date of glacing the same in the hands of the approved broke r; «~ith ar
pxtensi~n of sale time if necessary thereafter as shall be mutually agreed upon!
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d. That the receipts of sale of the said property shall ~irst be ap- ~
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plied to the final satisfaction and payment of a certain horne improvement
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laan presently encumb~ring the said property. ;
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Th3t the remaining r~eceipts of sale shall be nexc applied to '
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i! the broker's commission on the sale of the property. ~
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f. That a minimuan cas~. dov~~n payment of 25~ of the agreed
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; sale price be a prerequisite to any sale. ~
g. That the remaining receipts o~ sale next be applied ~o the ,
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~I costs of sale, to include tax stamps, re~ording fees, and abstract charges.
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'j h. That the balance of the remaining receipts of sa~e to be di- ~
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vided equally between the parties. ~
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~ . ~o~K 130 . 41
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