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HomeMy WebLinkAbout2187 t • ~ ARTICL$3 OF AG~B~MSNT . - ;i~i»o~;;=~ T~iIS AGR~H~ENT made and entered into Lhia 6th day~ ot - June 196?, b~ and betxeen H~UTARD L. APP~301i and DORIS M. ICPP~t30~i 0 .,bia xife, herainafter called the parties of the firat part, and _j ~)s~ . ~ L=d> ~ HOY D. LUC1C~7 and MAR? BSTSA LUCEEY, hia xife, here after callad ~ - /~o y 7~ • /G ~,~~~~t ~z~~ ~ the part ies of tl~ se cond part, ~o~,,~,u,~,~ , ` Z : o'•-° ' I _ WITN$SS$TH: - ~ a ~ ~;clhuiuui~c ~ That if the said parties of the 8econd part shall firat ~tatlo~ na]ce the payoenta and perform the covenants herein~?t"ter mentioned - a ~ ~ni •is - , on their part to be nade and perforc~ed, the said parties of the _ . _ . - ~;~~~~n;po~,;~~ , first part hereby covenant and agrse. to coavey and assure to the ;,_1, N~ said part ie s of the second part and the ir hs irs, exe ct~tors, admin- , _o istrators, or assigns, in fee simple, by a good and sufficient ~ ~ ;,i ~ . _ :.~~~..r~ + ~ i~c deed, the folloxing described property, together rith all impro~~a- ~IIV"' :~z ti W ments thereon lying, being and aituate in St. Lucie Couaty, Florid , ' i~t ~ ~ m ' : ~ ~o :c~ ~ a ° tiO~~ti : s~olit~uutu~i Th~s South 5t~..0 Feet of ~ Lot 10 and the North 24.0 feet oP Lot 11, Block AiNno~ l, of BLARSL2 SUBDIVI3ION, aa per ,i~nl •1S plat th~reof recorded in Plat Book -10, Page 50, of the Public Records of St . I,ucie County, Florida. ~ ; And the parties of the second part hereby covenant and agree to ~ paq to the said parties of the firat part, as consideration there- for, the sum of S$Y8N THOUSAND FIYS HUND~ED THI~tT7f -TWO and N0/100 , ~($7,532.00~ DOLLARS in the manner folloxing: $ ~ - ~ $~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 ? ~ ~ ~ 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 ~ r- t j " ~ ~ ~ ~ . ~ _ - - - - _ _ _ - ~ ~ .