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?ORS~I? 1~OR D$BD .L''7~'~.`~S
, ~BTIGLSS OF AORS~IT~aadA thia 15th•cle~r ot' Jamtary in the year ot
our Lord Oas t~housaad nine hundred and aistJ eight~B~t,We~ Bel]~r Caa•
struct~ioa Caw,pa~y~a Floridt Corporatioa~Par~t~y o! th~ t'irst part~ and
~nn~ch CaldKell and I,~rai~a Fa~ Caldasllihia `rit~~ o! 2~05 Royal Palat
Driw~ Fbrt Pisroe~Florida ~part~r ot the secand pat~.
~ WITNffiSSTH: That o! the said part,y o! t~hs saaond part ahall i'irsb w~lc~
ths p~yae~ta and perYorm the coverwnts hereinaf~er me~tioued on their
partto ba made and perforssd~ the aaid part~y of the Pirat part herabq ~
covenants and agrses to aonve~ and aaanrs the said garty o! th~ seoond
part~ t.hsir hsirs~eoceon~ors~a~inatrators or asaigns~ 3u tee ai~l~~ ;
alear ot all encu~beranae• ~hatsver~eoccspt as here~inaf'l~sr ast ot~by a
goot and sultiaiez?t 1~Tarran~j desd`tb,a lot~pisce o! parcel ot land ait•,
nate in the County of St.Lucis Floridailmo~m and dascribed as follotiis~
to•xits
Lot 3~elock 3~ S~OOI~TD ADDITION,ORANG$ BL03SdrI 83TATBS~St•Iucie Co~tnt,T~
Floridt aa per pla~ thereoi~ o~t tYle i~ pS~t book 14~page 2~ ths
publia recorda of St.Lnci~ Caunttiy Fl~rida. SUBJ~C? TO all ras~riatio~~
rsaervations~ eaa~t.~ and protect.i~n co~~ante ot ~cecord.
~ Md t~h~ said pari~ ot th~ secand par4,herabT ao~enanta and agreea t~ p~
t.~ th~ said party ~t the Flrst psr~t t~~ m a! Tirant~ Thaasand ffight
Hundr~d Dall~ar~ (~20~800.00) vith a do~a pgy~e~t oi One thorsasd T~w
hundr~d d~llara (1~Z00.0~) ia the aanner ioll~xin6.
(A) O~s thotisand ~~o hundred dollars ($].~200•00) upo~ the eocecntioa~ ~t
this agre~nent for ciNd~ ths raceipt which is hereb~ acim~xledg~d: and
o (B) One Htmdred F'ort,~ dollars (~11i0.00~ per sont,h begi~ing on ths 15t.1~.
b day of Be~wqy19d8 ~ and aontim~ing to and unt31 ths 1~tL.day ~t Pbb~
~ ru+u7r 19~3; and ~
~ ~
m a ~n~~Y P~ta~ aa har~in~a~ sst a~ ia (B) sha11 includ~
o w cipal and intereat on the unpaid balanae at n the rat~e ot 6.T5~ p~r+~nm~.
v. saatr inatallmeat shall Pirs~ be applied in p~yaea~t ot intereat and th~a
~ on ths un al~ancs oi th~ priacipal sua~. A pena~7.ty of 5~ vill be char~
; ~ ro rt~ ged cu ts 5 dqya dn~.
v x x
i ro?, ~ p' It ia 00 T~~At~RS~ AND OND8R3TOOD~as part of this conaideratia~
~ s~, hereoi as fo lovss
` v .-1 r-1 S~1 - -
i s~ a~ a, o
i a x x w 1. That there s eodating a 2`irat ~ortgage to Firat Federal Savinga &
j Loa~ Aasoaiati of Fort Pierce~Florida xith a ba].aase o~ appro~dnate~j
~ $16l500.00 aa he saa~s is record~d in the St.Lucie Comlty~Flarids pnblis
~ records.
. 2-That the pariy oY the Pirst part ahall continne to make all ef ths
month~ pa~yme~wts ~f principal and inte~ st xhich- m~ became due and pa~y `
able under ths said sortgage deed underl,hia agreemeat for da~d;Providedi
h~xe~er~ the party of the seso~d part her~b~ reser~es the right t~ at anar •
t3me beSore Februart 15th.1973~ to psy to the part~ oP tl~ dirst part the
caah differeacs betxee~t the eodsting mortgage the bala~c~ das and oxin~
under t.his agree~ent for desd. IIpo~n pa~yne~st of the afores~id caah dit~•
er~nc~~ the p~rty of the seooad part~shall be entitled to rsaei~re a Warraety
~ deed fra~n th~ party ~f tha Pirat pat~t~which said Warranty deed ahall contain
~ a st~ndas~d aortgage as~ptiaaa clauae whereby the party o! the s~aond part
asavmres ths e~dati.ng mortgage balaas~ under the aaid ~eortgags. The party o!
the seaond partshall also ha~e f1i11 right of preps~yn~t in irhole or in part sub~e
only to atLy conditiana as m~r be aet ont in the said mortgage deed.
~ 3.Ia the sveat that it shonld beca~ee neceasary to inatitute legal proc~edinga
to foracloso or otherwise ez~force t.his ca~traat~ tbe party of the aecond part ~
hereby agresa to pay all costa oP such action~including a reasonable Attorne~~s ~
ie~. ~
. ~ Y11~~~7~
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