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Articles of Agreement, .~o~~ th~ ~th day oJ Au~st
in the ~eor oj our Lord o~te thousa~:d ~:ine hundred and eixty seven.
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Betwe~en F, B, aYi,nRS~rx and HTI~Y WHITS
purty oj'tha first part, and
VSRNON and BETTY T80RNTON
20~ South 30th Street, Fort Pierce, :Florida A~ of tlu second part,
w1triF88et~1~ that i~ the saic,~ part~ of th.e second part shall ~rst make the '
pca~ients ai:_d perlornt the coi~enants herei~iafter mentio~aed on his p~art to b~e made
and perfor»ted, the sctid partJ of the flrst p~trt hereliy cove~ian~.s and a~
ees to
eonaeJ and ccssure to the saaid party of the seeond part, in fee simple, elecir of all
incumbrances ivhatever, bJ a~ood a~td sufj~cie~at deed, the lot , piece , or parcel ,
of grot~nd situoted in the Cot~.~:tJ o,~' St. Lueie , State oj Florida~
known orrd describecl as jollows, to-tvit:
Lot 4 Block 2 of ORANG$ PLACS SUB~DIVISION as recordecl
in Plat Book 5 at page 9 of the Public Records of St.
Lucie County, Florida
and the sacid party of the secon~ pcLrt hereby covenants and aa~rees to pa,y to the said
pacrty of the flrst pccrt the sum of$ight Thousand ~ao Hundred Fifty Five
and no/100----------------------------___ Dollars, in th~ ~rtanner follo:ving
$80.00 on the .first day of September and each and every
month thereafter
' u•il/a i~lterest u[ t/re rate oj 896 per c~e~ttr~»e, perann.um paJab'r- monthly
unjtuallJ o~t the u•h.ole srcnr. remaining from. time to time unpa~ci; antl to pnJ ul!
taxes, assessments or inapositions that maJ be le~allJ tevied or imposed upon saicl
land su bse~rce~r t to the ,{~ear 1966 , and to keep the buildings
upo~a saicl pre~nises i~asured in some co~rtpan~/ satisjactor,y to t)ie par~y of the first
~art in a suna iiot less tlran. full insurable value
.&l~m6 durin~ the terrn of thia ct~`i~ee~nent.
•.Bnd in ca~e of fctilure of the said party of the second part t,o make either of the par~
" rrcents or any part thereof, or to perfor~ra any of tlr,e covenaccnts on his part hereby rnade
and entered into, his contr~ct shccll, dt the option of the parLy of th,e first part, be fo~
feited cand ternzinated, and the party of tlce seeond pa,rt sha,ll forfeit acll pcty~r~ent,s ~rucde
on this eontraet; ctnd sueh pa,yments sh,o,ll be retcLined by t)ie said pccrty o t.he st
pa,rt in full scati.sfa,ction cznd liquid~tion of ~cll darna~ses hy hirrz sustained, and s~
pdrty of the first part sluilt luave the ri~'ht to re-enter ctnd tcake possession of the pre~n-
ases ccforesccid without being liaGbl,~-to any aetion therefore, cznd cat the option of the
pa.rty of thoe ~lrat pccrt the unpaid balance sha.ll withotct demand become due arid
pa,yable, a.nd cidl costs ci~ed expenses of collection of said mo~aeys by foreclosure or other-
wise, iruludin~r solicito~'s fees, shall be paid by the pccrtrj of the second pccrt. and the
acwne care hereby secured.
l~ ~t8 Mtt.tt$~~~ly A~Y'~~Q~~ bJ ~urd between tlae parties Ir.ereto, tkat tlie ti»ie
of paJment sliall be an es.sential part,oj this con.tract, and that all cor.e~iant.s a~id
asree»aents Icerein eo~atained ~hall extend to and be obdigatortJ u.po~a tJte heirs,
executnrs, administrators and assigns oj the respective pnrties.
In Witness ~ereof~ The parties to these presents haz~e herer~~ato set
their hands a~id seals the daJ an.d year flrst above written.
Sigued, 3ealed and Delivered fn P~nce of;
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