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Form +1? Fiot~da AGREEtilENT IOIt DEED. 7U78LAN% •ts~itc~[~-T. Ti~f, 0 E
Tuul~ Law Pt~n~. PuDlnhen. Ruilan.l. V~.
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.~I'1triPB itf .t~1~rpPZllprif. .~tud~ tlri, 27th ~lu>> ~ne
~n• tlec~ yea?• r~f o~~.?• Gurd oiar~ thorc~a.n~f nii~E~ /irciiclr~~~ ~~i~~! sixty-eight.
i('h..rrv. ~~...1 Airri~. fAi trrw+ 'p~rlg° +A~ill i~.•.wl~ lAi Ari~l. /wrt~aal n/v+~iwtntir~a.
su.,~st,.r. .ua.l 'or uu~~+~~ n% fnr r:s~ratir~ f.~rh~s A.r~fo. Ihr na..•( f~~ +~w~*ul.~r wqw~br?
>A~~i! ~wria~ii Mi jdr.nif..~w.f IAr ~Jun~f fAr s~ny+.~lnr. fA~ ut~ •y nw:,• t~w.l~r shall i~;ludi
~l: Q~Md.~~. axJ. wrd. t6r I~rw+ "~dr" .Adi~ +w~ iwJta~l(A` k..f... an.i~ J!s.i~6rJ ~rwt
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~PflUpptt EDWIN 1y[. and VIOLA BVPTERFIELD '
partJ of thP first part, a~td
CLARENCE PEARSON and LaVERNA PEARSON, his wife
Route 1, Box 201 FI, Odessa, Florida Pnrt?1 of thP seconc~ part,
~t~p~g,pth, thcrt if the sair~ ~xtrtr~ of' thF s~co~~~l /xri~t ~/iall ~i~xt ntak~~ th~
~xr-~nts a.nd perform t~ie core~ra~ats IlP)•ei~ruj't~r niPi~tio~ccd w~ hia ~xirt to be n:ade
and pe~fo»ne~, the ~aid partJ of th~ f~nct ~x~rt li~r~L~~ ~•oi~enants anrl a~r~eti to ~
conz•eJ and asstcre to thc said partJ of ~tlec scco~i~ ~rx~rt, i,~i f~~~ sin~pl~, ~•IF~ir nf aIl i
incumbrn~rces whRterer, bJ a~sood an~ ~nf~icie~rt ~~~~~1, thr Int , pr~~c•e~ , or ~~ai•cel . ~
of ~•ou-ncl sitrurtec~ in tlie G'oun.tJ of St. Lucie ..titnt~ nf Fln~v~~i.
knou~n a~r~ descrzbed as follows, to-wit:
The North 55 feet of that part of the South 159.5 feet of
Government Lot 4 in Section 18, Township 36 South, Range 41
East, lying East of Florida East Coas~ Railway, according to
plat of said Government Lot 4 in Plat Book 3, page 76, public
records of St. Lucie County, Florida. Together with Riparian
Rights. --Z'!ie foregoing description conveys a strip of land 55
feet in width running fro~a the East right-of-way line of Florida
East Coast Railway to the West shore of the Indian River, less
all right-of-way for public roads.
and the said parfij of the second part hPreby coz~Pna~itt arrd asre~c to ~rxrr~ tn th~~ su.:~l i
partij of t1i~ ~'irst ~art tlee suni of Eleven Thousand and n0/100 ($11, 000.00)_ ;
---------------------Dollars,intitem,~rn~aerfollounn~ f
t
One Thousand ($Z,000.00) Dollars upon the signing of this instrument
and the remaining sum in monthly payments of Seventy-Five and 85/100
~($75.85) Dollars which includes interest at the rate of 7 per cent
for the term of twenty-one (21) years, payable on the first day of
~ j~ each month beginning August 1, 1968. The buyers agree to a late charge
o f f i v e ($5.00) dollars if pa
y
ment is not received within ten (10)
j ~ days ~ran the ayment ate .
~ a' a , i
~ . . • ' , ant~ tu ~an~ ul/
- tau~s, assessments or impositions t/rat may be le~allrl leL~ied oi~ in:J~osc~~l ~~-~~oi~ s~eid
lan~l sr~bsequ.ent to the ~ear 1967 , aiad to k~ep the Licildi-n~x }
; re.pon .cai~l preniisPS insrered i-~i somP ~ont•panJ satisfacto~y to th~ ~xri~ty nf thr jirst
i pcart i•n a stcm- not less than full insurable value
€ durin~ tlie terna of this a~r•eeme~at.
~ ,~nd in case of failure of the saic~ party of thc~ sec.on~ part tu m~ke ~itlr~r of the paJ-
~ nrents or an.y part thereof; or to p~~ for~n un J of the core.iiants on his ~vai•t her~~Lr~ nr.ad.~
(I)l(~ P7ftfl•ed into, his contract shall, at the o~tion. of tfre party of the first ~art, be for-
~ feited a~rd te»ni~zated, and the ~rtJ of' th~ sP~o~td~trt s/iall f~~ feit ull ~xr~~rents »iade
~ on thi.~ contrnct; anc~ such pa~nents shall be retai-nP~l by t/re .caid ~xrrty of the ftrst
purt i~r fr~ll,ccrtisfaction and liqut~ation of all damages bJ him ~cr~,staiircd, u~zd said ;
~xtrtrf of thF ~t'rst pa.rt shall huve the ri~ht to ~•e-entPr a~tc~ take poc.~e.tixii~n of't/rc ~vrem- ~
ises «j'orPSaid r~•ithout bei»g Ziable to 2~rJ actio~e tli~r•c~joic~, n~r~ at th~ o~~tio~a oj' thP
~ ~x~rh~ of th~• ~'rrct ~~trt th~ rttr~x~i~ lxrlairc~ ~hall u•iNrorit dF»ia~r~l l,~rnnic rltce and
~ ~rx,ryably, and al! ~o~ts a~td c.rJ~c~rsFS of ~oIIP~•tion nf ~ai~l nro»~i~c hJ for~~•lost~rc~ rn•otlier-
~ z~•isc~, i~rc•ltccli~t~ solic•it~~rs fe~s, slrall bc~ ~xri~l l~r~ tlre ~~artr~ nj' th~• ,c~c•oird ~rxvt, n~a~l th~
samc « rf~ leercbJ c~~~n•ecl.
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.~i ~u#uttil~ ,~~rped, hr~ a~r~l L~tr~•~Fn th~ ~xrrti~~x lr~~r~~t~~, th~f th~~ tinr~
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~ o~' par~nt~~rt ~h~ll. h~ n~r e•sFirtial J~irt uf tlris ~•o~ifiY~~t, a»~! tli~rt ~~Il ~~ni~~~iia~rts n~r~l '
a~rPFnl~~rts IlE'rPi» ~~~~rtai~r~~ ahctll e.rt~~~r~l tn ai~~! b~~ ~ihliQ~rtnr~/ ~~p~»~ th~~ l~~i~:.,
~ ~xr~crcta?:~, adniinistr•atur.+ a~ad asciQ~r.c oj' the ?•P~p~~c-tir~~ ~xirtrF..
~ ,~11 7pifllp8~ ~~rreuf, Tlt~ Jxrrtic~s to th~a~~~ pr~~r~~t~ hir~~~ hrr~~r~~rtu xrt t/r~~ir
~ hand. a~ttl sF~tl,c the da~ cr~rcl Jcar ~'rst abnr~~ i~vitt~~n.
~ f3~gneD. Ssalyd uc~ ~sltaaeD in prr~race uf;
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