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HomeMy WebLinkAbout0417 " AGREtM[NT FOR DEtO DII[W~~ F011M R, t. t~ M~~w1~c1wN ~N h~ wM hr TM 11. • W. Oe~v CNN~r ` I~cLM~NIN. /IKiM ~~.'•.~~T PREP~.RED sY~ ~ ~ „t~~J(~ t.;~.t r•. v: t~ies ~ 3:: ~ ~R,~~ ~ r~ o reemen c. ,eo ' ~ ~ F c:: r: l: ~ t. C L V R I D A 9 3 e S O ,llade this ~.3 day oj October in thr year of our Lord, o~:e lhousand ~iine hundred and SIXTY-SIGHT $etween E WILLII+a'•i KNOX and F$RN KNOX, his wife ~ ~ ~ part o/ the /irat purt, and ~ THOMAS A. FORBBS and pATRICIA G. FORBSS, his wife, 3730 St. Benedict, Fort Pierce, Florida part o~ the se~ond J~art. ~l~1~~1`~ That. i/ the said part ies o~ the aecond part shall firat make lhe payments and per/orm the couena~:ta hereiiiafter mentioned oti part to be made and performed. the aaid purt ies o/ the ~irst part hereby coue~eaiit and agree to convey and assure to the aaid part ies o/ the aecor.d part. heirs. erecutors. admi~iistrators or assiqns, i~i /ee simplP, rtPar o~ all i~icum.~rances whateuer, by a good and stt/jtcie~i[ deed, the [ot . piPCe ` or parcel o/ la~id. situated i~e the County oj St. Lueie . Slc~fe o/ ~ Florida known and desc~ibed at /oltows, to-wft: The West 85 feet of Lots 1 and 2, and the West 85 feet of the SoutYi 15 feet of Lot 3, of Block 10, ST. JAMES PARK (SUBDIVISION) , as per Plat thereof on file in Plat Boak 5, at Page 58, of the Public Records of St. Lucie County, Florida. when $2,500.00 has been paid on the principal balance, and first parties agree to take mortgage back on remaining $6,500.00 at same rate of interest; . and the said parlies of t1~e sPCOnd part hereby coueriant and agree to pay to the said part ies o( the ~irat part the sum o/ NINE THOUSAND AND NO/100------------Dollars, in lhe ma~iicer ~ollowi~~g $500.00 at the time of the signing of this Agree- ment, and the balance payable at $77.60 per montih commencing on November 25, 1968, and on the same day of each month thereafter until paid in full; there-shall be a 30-day grace period on each payment; a S.50 igte ha wil~ ~ a~~ed to an~ ~~~ment 14 or more days late. tv~h in~Prrs~~t~lhe ra e o pe ce ~ per a~inum, payab[e monthly i ~g on the w/~ole aum remaining /rom iime to time unpaid; und to pay all taxes, asse~ssmerits or imposilions that may be legally leuied or imposed upon said land su6seque~it to the~x~c c date of signing hereof , and to keep the buildi~iga ~ipa: said premisea ~ ii:sured ire aome compa~iy satis~actory to lhe part 1e9or the ~ n part, and payuble /~r the parlies. r e a p e c t t u e l y a s t h e~ r t» l e r e s t s m a y a p p e a r, u t a s u m n o t l e s s t a highest insurable amount Dollnrs ( during the tprm o/ this agrPPment. Ancl i~e ~use u/ ~uilure o/ thP said part ies o/ the sP~orid pcerl ~ to muke any o/ lhe payments or uny purl lhereo/. or to per~orm any o/ ~he roue~ianfa u~i ' part hPr~by made and P~itPred into, this conUurt shall, ut the optioii o/ the pctrt 1e~ u/ th~ Jirst part, be /or/eitPd and terminated, arid the part ies of the seco~id part ahul! /orJeit «ll payments. mnde by on thia.contract; and suc/i paymenta shall be rP~ai~eed by the said~parties = o/ the ftrst parl i~i jull aatis/action atid liquida~ion o/ a!1 damages by susfai~ted, and the said parties oj the ~rst part ahall haue the right to re-Priter and lake poasessian o/' the premfses ajoresaid withoitt being liable lu a~ty aclio~i there/o% In event of d~faul~, trhe party may accelerate the balance due on -this note and may collec ' his reasonable collection costs, including"attorney's fees. • ~t by und behuPen lhe parliei he~elo, [hat the timP o~ Pa~)r y~ymrnf shall bP an PssP~etial part o/ this contract, a~id that atl covP~tants a~td ngrPemPttts hPrPin ~ot~lc~inPd shull Prt~nd fo and 6P o!~_ligatory upo~t thP heirs, exPCiitors, admi?iislratora and assigrrs v/ t/te rP- t sp~ctiue partiea. . f ~n ~n~ ~V~~ ThP Erurtiea lo thesP prea~iits huue hPrrunto se! their hands und aPals ~ Ihr day and yPar fir~t aboue wrillcn. ~ Sig~ d, 'e led u~id elivered i?~ I'res~nce oj: ~ . - - - - - , ~ ~ . - - - - _ - - - - ~ _ ; : . - - - - - _ . : - = - - - - - - - . _ : ~ ~ ~a~H ~3 Yo u. _ ~fi-~ ~ ~ - . ~~4_~415