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AGNCEMENT iON OEEO -1-'~~24 RAMCO PORM t~
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llude Ihis 27th d~ll ol August ~
in the ycar o~ otir Lord, a+e thousa~:d ~ii~se handred and sixty eiyht
~~l~ll CNARLSS WM. STONB, 1Yustee, joined by ~TTIB D. STONB, his xife
part ies o/ fhe ~irsf purt, artd
RONALD F, COIB and RUTH N. OOLS, his wife
Rt. 1 Box 770 (Targoj Ft. Pierce, Florida 33450 part ies of fhP aP~oied ~wrt.
_ W1~~1~~th~ That i/ the said parl ies o~ lhe second part shall ferst muke /he~ payme.itts and
per/orm Ihe couericrnla lierei~iajter me~sliu~eed their purt to be made a~id per/ormed. the
aaid purt ies o/ the /trst part hereby couPna~it aud agree ~ to co»uey and asattre to [he said
parties o/ lhe seeond part. their heirs. PxPCUlora. adminiatratoi^a or usaigns. in /ec
si~rtplP, ~/PC~r o/ al! i~tcitmh~an~ea ~uhateuer, by a guod aiid su//tcient deed. the lot . piPCe
or ExircPl o~ land. situute.d in the Cuunty o/ St. Lueie . Slale o/
Florida known and described as rollows to-wit:
West 65 feet of Lot 9 and Bast 35 feet of Lot 10, Bloc~C 4, Parkway Grove Bstat s,
U~nit 1, as r public records of St. Lucie Coanty , Florida and recorded in OR ok~
107 page 18~of the public records of St. Lucie ~ounty, Florida on 12-29-64.
It is agreed between the arties that t6e first pa?rties shall continue ~aymen of
the first m4 rtgage ains~ the prope rt a?nd u a their failurg to y first t9age
~e ond part ies , ha?ve~he r1ght t m~lce ~he pay~ent and ~har e 1t a~
nst t he t al
in~ebtenness with the :~urt~ier r~ght ~o the second pa?~t1es ~o y~he etire s a~in
under thls agxeement wltti the same right a?s to the first mort~age and ~ayment tier
and/or the r3ght to satisfy the first parties as to the difference in he b e
o~ring and ttie fiYSt mortgage balance and assume and pay the first mortgage ba ce
directly.
and the said part ies o/ the se~orid purt hercby cou~narit and agree lo pa~ to the aaid
part ies o/ the first parl the setm o/ FpUItTgBN TH~JSAND FIVS .~iUNDRBD AND NO/lO~ollars.
in tl~e manner ollowing : ONB THOUSAND DOLLARS and no 100 ($1,000.00 this date p' d
rece}pt of i~h is ~,e,,~r,eby a~~
q~e~ed with t~e ~alaw~e of 13 ~O. ~ t~ ' d in
g~~Ce in°s~a~ 'n~soni~fie~'~.3t~ ddy of ea~rsumOCCessiv~ ~n~~ ~i~re~` er wdti~~e o~e
sum s all.be full d privile e Qf r pa nt reserved to secoad arties ve
bar~~ ~~ie right to ac~eler~te on any cief~u~t ofepayments . reserved to fiYSt paYt' s
j
~uith inlPrE~st c~t !he rate. o/ seven per c.Pnlum per annum, ~x~~ablefrom eaeh instalLaen
annually un the u?hule sum re~iiui~ii~ig /rum limr. to lime unpaid; u~td to pay aIl luxea, uss~samenls
~ or impositions thut inay be legully leuied or imposed upon snid ~und sttbseque~it to t*t~et~oc
' August 15, 1968 . a~id to keep thP builditiga itpo~i said premisea
~ i~iaured in some compaity satis/uctory to the part ie~/ the ~irst parl, aiid payuble /or ihe parties, w
~ reapeetiuPly us their i~iterests mqy appear. iri a sum not less than the aggYegate unpaid balan
insurable hidi~aa
during thP tPrm u/ /hia ugrePmPnl. A~~d ir~ ~ase u/ /uilure o/ l1tP said Jxtrt ies oj t/~~ sP~ond ~art
tu muke uny o/ thP ~x~ymenls ur u~:y purl thereo/. ur to per/or~n any o/ lhe roue~:n~ita u~i their
part hPrPby madP urid PnlPrPd ittto, thia ~ontract ahall, at the o~~lio~e o/ the purt ies u~ IhP ~rst
part, be /or~eited and terlni~tuled, and the part ies o/ the sPCUnd purt shull ror/Pil ull J~ayments
~nade 6y them o~i this.contract; and suc/t paymP~ris shull be rPtaiued by ll~e said parlies
o/ the first parl i~i rull satis/action a~id liquidntion a/ al! damagPS by them sustai~ted, and
° the said part ies oj the frat par[ shall have tliP righl lo re-Pnter and take possession o~ the /
~ premisea u/oreauid taithout 6ei»g liable tu any aclion there/o% S
o ~ ry
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a
~ Q; ~t ~~~AI~y by und betwePn lhe partiea /ierefo. thul the fimP o~ PQl'Il fJ(IIJpiPll~ I~
~ ~hall be an esse~itial part o/ fhis cuntracl, and that a!1 couenants and agreements hPrrin co~:lained
~hull exlend to and be abliga[ory upon the heirs, exe~rutors, admiiiislra/ors a~id asaigns oj thP re-
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~ i° ecti ~ rlee Secon ties ~vill not be in default until past due 15 days • f' st
~ ~r ~1 ot p~ar f re 1 re til O a ~e 1 e d~ n a s
~n ~ ~ir ~~es ~p~i~'n ~o sdc~~~era~e ~ns~al~~ts p'~~i~ ~os'~~ ~n~d ~t~ ~e~s
~ ~n `~nness~~l~ren~~ T
h e pa r ~ i
ea l o t l
t e se p r
e
a e i ~ta have h e r
e ~ r r r to se. t t h e i
r ha~ ~ds urid aeals ees.
~ v`~ .~ihe duy a~id year ~rst aboue written.
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~ Stgned, Seu Pd u~id D liuered iri I'resence o/: .
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a.. .
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~ Charles Wm. St , Trus e
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. , ( e ie . Stone ~
a~-~ o~! G
- - oA " "F:- `1e C.O-/(-e-
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aooK 173 P~
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