HomeMy WebLinkAbout1476 ARTICLBS OP AGRBBMSNT l~g~~8
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ARTICLBS OP AGRH~I~IBNT ~ade this 14th day of September
in the year of our Lord, one thousand nine bundred and sixty-three
between PALI~IBR AND CRIST, INC.t a Plorida corporat~on, party of the
first part, and J, C. GIB90N, D. C. ANDBRSON, STSPHBN SLATBR and ~
. R. H. PITT~+IAN, As Trustees for the New Irlount Zion Missionarq Church,
an unincorporated association, parties of the-second part,
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That if the said parties of the second part shall firat ;
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make the payments and perform the covenants hereinafter mentioned ~ ~
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on their part to b~ made and performed, the said party of the fir8t ~
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part hereby covenants and agrees to conveq and assure to the said
parties of the second part, their heirs, executors, administrators
or assigns, in fee simple, clear of all incumbrances whatever~ by a
good.and sufficient deed, the lots, piece or parcel of la~nd, situated
in the County of Saint Lucie, State of Plorida known and described
as follows, to-wit:
Lots 4 and 5, Block 9, SOU1~iBRN PINBS
SUBDIYISION as recorded in P lat Book 9
Page 68, Pubiic Records of Saint Lucie
I County, Plor~da,
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~ and the said parties of the second part hereby covenant and agree
to pay to the said party of the first part the suo of TWBNTY-ONB
THOUSAND PIVB HiJNDRED C~21,500.00) DOLLARS, with interest at 6~
per annum from date, in the following manner:
To convey to party of first part by good and
sufficient warrsnty deed sub3ect to a first
¦ortgage now held by Pirst Pederal Savings & ;
Loan Associat3on of Port Pierce afi an agreed
~ value, snb,~ect to eaid mortgage of ~5,800.00.
The balance in tbe suta of #15,700.00 shall be
paid in nonthlq instalaen.ts:of ;100.00 e~ch,
beginni~g the~lOth dsy of 0¢tober, 1963, and
. thereafter on the lOth day q~ e~?ch sgcceeding
~oath t~ntil paid in fa11, Bac~ iIIatalment
~ ahall first be applied in payaent of~the inter-
eat and thea on the unpaid balance of the prin-
cipai su¦;
and to pay ail te3ces, assessoents or idpositfons that ¦aq be legally
~ levied or i~nposed upon said land aubsequeat to the year 1962, and
to keep the buildings ppon said premiaes in~ared in so~e co~pany ~
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