HomeMy WebLinkAbout0118 ARTICLES OF AGRSEMENT - Paqe 3.
~greement, and all such paymenta shall bear interest from
date Ehereof at the highest lawful rate then allowed by the
laws of the State of Florida.
I~ any sum of money referred to be not promptly paid
within THIRTY (30) DAYS next after the same be~omes due, or
if each and every the agreement, stipulations, conditions
and covenants of this agreement are not fully performed,
complied with and abided by, then the entire unpaid balance -
of this agreement shall forthwith and thereafter, at the
option of the FIRST PARTIES, become due and payable and the
estate hereby created in SECOND PARTIES shall cease, terminate
and be null and void. Furthezmore, this agreement shall, at
the option of the PARTIES OF THE SECOND PART shall forfeit
al1 payments made by them on thi:~ contract, and such payments
shall be retained by khe PARTZES OF TAE FIRST PART in full
.
satisfaction and liquidation of all damages by them sustained,
and the said PARTIES OF THE FIRST PART shall have the right
to re-enter and take possession of the premises aforesaid
without being liable for any action therefor. ~
~ IT IS MU~i'UALLY AGREED by and between the parties here-
to that the time of each payment shall be an essential part
- o€ this agreement, a:~d that all covenants and agreements here~-_
i
` in contained shall extend to and,be obligatory upon the heirs,
;
' executors, administrators and assigns of the respective
parties.
IN WITNESS WHEREOF, the parties to these presents have
hereunto set their hands and seals, in dupiicate, the day
and year first above written,
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