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HomeMy WebLinkAbout1544 ' • ~ Fitteen 8undr~d Dollara ($1,500.00), ~xclusive o~ i~terort. ha~ be~n paidt it b~ing under~tood that in th~ ccmputation ~f aaid FiftNn Hundr~d Dollara (~1, 500.00) th~ pay~t of th~ su~ of S~v~a Hundr~d Dollare ($700.00) sot forth in Paragragh 2a ~bove ~ i~ a psrt. 3aid def~rr~d pay~nta shall b~ar int~r~at at 69i p~r annwa and said payaNnta ahall bs applied first to th~ paym~nt of interset and then to pr~ncip~. (c) If the HUYSRS have ~t ths paym~nte and psrforn~cl ths covenante hereiaabove and hsr~inaftar providsd for, then and in that evsnt that ie to say when the total swa of Fifts~n Hundred Dollars ($1,500,00) axcluaive of intereat has besn paid by BUYBRS to S$LZ~BRS as hereinabove set forth, S$LI.BR3 aqree to axecute and delivar to BUYBRS a c3ood ar~d sufficient Warranty Daed to the proparty abov~ d~cribed, eubject to Reetrictione and I.imitationa of r~cord, to the nsiqhborhood and ttie provisiors of this contract, and t2ia BiJYBRS agroe to execut~ to the S$LI.BRS a Pzaaissory ~Tot~ in the awa of Thr~s T'housand Five Hundred Dollara ($3,500.00), bearing interest at the rate of 696 psr annuia, ths eaid swa to be psyable in equal ~aonthly inatallments of Sighty Dollars ($80.00), auc2i paya~nts to beqin one month fraa tho dats of exscution thsr~oft ~aid paymsnts t,o b~ appliod first to th~ paya»nt of intersat and then to principal. Ths said R Pro~aiooory not~ shall bs prspayable in whol• or in psrt at any tiaa, ,v]. without p~nalty, and shall be a~cured by a Puschaae l~oney l~ortgaqe of BQYSRS 3n.a foren custaaarily w~d in ths Stats of Florida. (d) BUYBRS ~hall have th~ grivil~q~ of pr~payarnt of thia contrsct at any tiia~, without penalty, at~d uponauch prepayaNnt ia fnll, shall b~ sntitl~d to r~iv~ fraa SsLiiAS ~ c~ood and ~utfici~nt xarranty D~~ct to th~ prop~rty abov~ d~acrib~d as her~inabov~ a~t torth. ~i73 ~i5~~ ~ _ _ . . . ~_n~w~~~.n~.~