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KN~1 ALL l~:N BY TFII~~ PRESENi'S ~ That
A~SUR KIINES and ~LEN Y. KUI~, husband and wife, Fort Pierce, Florida,
and GIIY T. COI~R and PATRY CO~R, husband and wife, of 414 A. 38th Street, Fort
Pierce~ Florida, second partiea `
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~IfIT21ESSPTH: i
Fbr and in consideration of the sum of One Doliar (=1.00) and otker valuable ~
considerations, in hand paid by each of tha partiea to the other, reaeipt whereof '
ia hereby acknowledg+e~, and also in consideration of the mutual crnrenanta, righta
and obligations herein, have contracted and agreed as follo~ws: -
1. The first parties do hereby sell to the aecond parties, and the second t
parties do hereby purchase fro& the first parties the real esta~e located in St.
Lucie County, Florida, and more particularly deseribed as follows:
The North 1~2 of Lot 19 and all of Lot 20, Block 1, of
VIESTW00D SOBDIVISION, Section 8, To.rnsh~p 35 south,
Rarige 40 Psast~ according to the plat of ssid S~tbdivision ~
recorded in Plat Book 6, page 17, of the Public 8ecords
of St. Lucie County, Florids. ~
2. 7~e total purchase price of above real property is a5,100.00, of which
g~00.00 is to be paid at elosing; and the remainder of =4,800.00 ia dne and p~yable
in monthly principal and interest pe~yments ae followa: =50.00 on the lat de~q of
each month until fully paid, beginning January l, 1967; said monthly payments shall ~
be applied first to interest and then on principal; said unpaid principal balances
from time ta-time shall bear interest after Deeember l, 1966, at the rate of '~J6 per ~
annum, interest payable monthly. The second parties shall have the right to p$y at~y
additional amaunt on ar~y monthly pqyment date or dates and to prep~}r the entire ~
amaunt at aqy time, all withaut penalty or charge for prep~yment. ~
I 3. Taaes and ineurance shall be prorated as of September 1, 1966; snd the ~
~ second ~,arties will p~y taaes thereafter. _ ~
4. It is mutually understood and agreed that if the first partiea, for aRy
reason, have not completed eertain steps in regard to the title to the abo~e reai ~
estate xithin twelve months neat after the date hereof the first parties shall have ~
~ the right and grivilege of conaideri.ng this Cantract terminated and all p~rments made
hereunder, beginning with the payment due January l, 1967, shall be spplied to rent ~
of the ssid real estate at the rate of =50.00 per month, payable monthly in advance ~
on the first day of each month, with tensnts supplying all utilities. ~
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5. The second parties agree to permit no labor lien, or mechanic's lien to be ;
placed on above property. It is mutuslly ~greed that this agreement on the part of ~
the second parties does not infer any consent on the part of the first parties to do
~ything xhich might result in such a lien, as the fi•rst parties expressly decline to 2
~ give coneent to ar~y acts by the second parties whiah my~y involve encumbering of above
~ property, or the clauding of the title thereto. - ~
6. IIpon completion of the p~}rments to be m~de by the aecond parties and inter- ~
est thereon, as agreed, the first partiea oovenant and agres to convey said real estate
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to the seaond partiea by a proper ~arranty Deed~ free and clear of all liens and ?
encumbrances, ezcept as to taxes after Auguet 31, 1966, and ezcept as to such liens and/
enc~rancee a,s may come into ezistence hereafter thrangh no fault of ±!~a ~irat €
~ par'ties~ and e~tw;r} ss to sucL liens sttd,or enaumbranaes as the secor+ p~-ties ~y have #
imposed or peroitted to be i~a~,:.~~ on ssid title. ~ ~
- 7. ~e second parties will carry and psy for fire aad extended coverag~e insur- ;
ance on the buildings on said real estate under purehsae in an amaunt of not lese than ~
54,5(k~.00; and in ease of the failure of the aecond parties to ke~p, carry and psy for ;
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