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HomeMy WebLinkAbout1841 r . . • ~ - ~ 1'7055'7 f . OPTION CONTRACT TO PURCI~AST REAL ESTATE i, I.ORA REAVTS, of St. Lucie County, Florida, for and in con- sideration of the sum of 14i10 TH~USAND SIX HUNDRED TWENTY-FIV$ AND { N4/100 ($2, 625. 00j _ DOI,LARS, payable ~525. 00 upon the signing of this Contract, and $525.00 on the 13th day of September each year thereafter until paid in full, do hereby give HAROLD L. NESTER, JR., of St. Lucie County, Florida, hf e heirs and assigns, the privileqe of purchasinq on or before the 13th day of September, 1973, the following described real estate, situated in St. Lucie County, Florida: T'he North one-half of the follawing desc~ibed tracts Beginning at the Northwest corner of Government Lot 5, Section l, Tawnahip 35 South, Range 40 Bast, St. Lucie County, Florida, ruri thence North 81~30•45" East, ].97.7 feet to the West line af State Road AlA; ther.ce Southeasterly along the West line of Stat~ Road AlA, 200 feet to the North line of a proposed streetf thence Southwesterly at right angles to the West line of State Road AlA and . alonq the North line of proposed street, 228 feet . to t'he East Zine of Hernando Street extended south- ward= thence Northweaterly along the said East line of Hernando Street extended, 135 feet, more or less, to the West line of Government Lot 5, in said Sec- tion 1= thence North along the West line of Gov- ernment Lot 5, 105 feet, more or less, to the point of beginninq= . at and for the price of EIGHT THOUSAND SEVEN HUNDRED FIFTY AND NO/100 ($8,750.00) DOLLARS, to be paid as follaws, to-wit; $2.500.00 in cash, and the sum of $6,~50.00 to be secured by moz~tgage or truat deed on said real estate, in form to be satis- fa~tory to seller= said cash payment to be made and securitiee delivered on or before the 13th day of September, 1973, to LORA REAVES. , In case the privf Iege of.purchase hezeby given is exercieed, the price above named paid and aecured, and the securitie8 ac- ~epted, as aba~+e provided, I aqree to convsy and a8sure the said r~eal ~state to said HAROLD L. NEST~R, JR., his heirs or assigns, l ~ . ~ ~iT3 ~~8i~ ~ ~ . -