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ARTICL$3 OF AG~B~MSNT
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;i~i»o~;;=~ T~iIS AGR~H~ENT made and entered into Lhia 6th day~ ot
- June 196?, b~ and betxeen H~UTARD L. APP~301i and DORIS M. ICPP~t30~i
0
.,bia xife, herainafter called the parties of the firat part, and
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L=d> ~ HOY D. LUC1C~7 and MAR? BSTSA LUCEEY, hia xife, here after callad
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~z~~ ~ the part ies of tl~ se cond part, ~o~,,~,u,~,~ ,
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I _ WITN$SS$TH:
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~ ~;clhuiuui~c ~ That if the said parties of the 8econd part shall firat
~tatlo~ na]ce the payoenta and perform the covenants herein~?t"ter mentioned -
a ~ ~ni •is -
, on their part to be nade and perforc~ed, the said parties of the
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~;~~~~n;po~,;~~ , first part hereby covenant and agrse. to coavey and assure to the
;,_1, N~ said part ie s of the second part and the ir hs irs, exe ct~tors, admin-
, _o
istrators, or assigns, in fee simple, by a good and sufficient ~
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i~c deed, the folloxing described property, together rith all impro~~a-
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:~z ti W ments thereon lying, being and aituate in St. Lucie Couaty, Florid ,
' i~t ~ ~ m
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:c~ ~ a ° tiO~~ti :
s~olit~uutu~i Th~s South 5t~..0 Feet of ~ Lot 10 and
the North 24.0 feet oP Lot 11, Block
AiNno~ l, of BLARSL2 SUBDIVI3ION, aa per
,i~nl •1S plat th~reof recorded in Plat Book
-10, Page 50, of the Public Records
of St . I,ucie County, Florida.
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; And the parties of the second part hereby covenant and agree to
~ paq to the said parties of the firat part, as consideration there-
for, the sum of S$Y8N THOUSAND FIYS HUND~ED THI~tT7f -TWO and N0/100
,
~($7,532.00~ DOLLARS in the manner folloxing:
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~ $~00.00 doxn payment, the receipt tirher-eof is
fi hereby acknoxledged, and the then unpaid balance ~
W of 7,0~~.00 to be paid in nonthly instalynents
*N of .~73•25 on the 25th day oP Juae 19 6
7 and 3•~ 5 '
~ on the 2§th day of each~and every succeeding month
,4 o thereafter, until the .whole sum named, plus interest ~
has been paid in~t~ill. $ach monthly pay~ent shall ?
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be applied first on interest and then on the unpaid
~ principal balanCe ; xith interest from the date
~ thereof at the . rate of S~ven and One-Half Percent
~ ( 7. 5~). p e r a n n
u
m on the un paid balance .~ro or more
r pa
y m
enta nay be made at any time by the part of
the second part on any instalment due date. ~It is
understood that of each monthly paymvnt, the aum
of $3•25 ie being applied to ineurance on said
property. _The parties of the first part agree to
maintain auch inaurance in full force- -and e~fect
throughout the life of tbis llgreement.- Should
subas quent anaual insurance premiuma be increased
or reduced, the monthly payment shall be ad~usted
, accordingly.
CHARLES E. BECHT ~
' ATTORNEY AT LAW ~ ,
ST. LUCIt COUMTY F
9ANK ~t.OY.
P. O, dOX ~M
FORT PILRCt, FLORIDA
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