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Home My WebLink About0101 . ' - 1 ~ . ' ~ - ' 1'73r280 1WRS~? P1DR DERD. ~ ~ AATIC~ Ol~ l~iT,a~ade thia Fit'~h da~y ot Deceoiber in ths ~ear ot onr IArd One thanaand nine hundred and ~ sightjbstxsea4 Kelly Caastrnctian Ca~pa~~a l~lrorida Corporation~part~r of the t'irat pax~ and O.B. (3arhar~d and Dorot,~pr J. derhard~ hia idte oi' ?.~tl$ R~oyal Pal~ Dri~rs Fbrt Pie~~ lrlorids par~,y of the Seac~d P~rt. ' iiI1S1B33~: ?hat o! the aaid pat~l~ oi the aeaond part aha11 f'i~rst aaks t~s p~yseants and peart~?is the carveaanta hereinat`ter ~ationed on their par0 to be 'ads and perlo~naed~the said par~t~ of the firat psurt hereby covena~ats and ~ agrees to coa~ra~ and asaurs t~hs said party of t~he aecond pas~tt~ t~hsir beira~ eaoocntors~ adrinatrators or aasigoa~ in Yee aisp].s~clear of ali encu~be~ancsa tihatsver~ eaocept aa herednai'!er ae~ au~~ by a good and anft'la~ent Warrant~y dsed~ the lot~ p~eae o! parcel o! land aituats in ths Conn#~ ot Sti.Lncis~ Florida kn~ox~ snd deacrfbed aa fol].oys~ to•xits ~ ~ I.ot 7~ Hlook l~ SEOOND /II~TION~ ORAI~IQE BIASSati $STATS3~ St.Lucis County~ C~ lrlorida aa gar plat thereof~ on SYls in glat book 11i~ pags 2i of the pablia recorda of St.I.ucie Coiu?t~y~Florida .SDBJ~CT To all rsatriationa~reaerratio~s~ easea?enta and prol.ective oo~~nant~a ot record. r-, ~ • And ths aaid pat~t~y of the second part hesyby coveaanta and sgrees to pay t~ tt?~ aaid part~y ot ths lnrst Part the su~ ot Twedstsy 3i3c Thanaand Do111.ara~ ~ (~26~000.40) vith a dori p~yment ot One thonsand Dallars (~J.~000.00) in the a~mer rollowing. ~ A•Fivs~Aundred Dollars ($500.00) on Janusry 5th.19~69 and Five Hinndred Dollars ~a on Febru?si? 5th.19b9. ~ B~o Anadred Dollare (~200.00)per aanth beginning oa~ the Flt'Eh d~y of , January 1969 andcontinuing ea?ch m~th for th~ life of this contraat. • N ~ C-IYlonthZy p~y~aents~ as hereinaf`ter set ant in (~eha7.1 include Principal ~ and interest oa tha uapaid balance at the rate o! 8x per~nnu~. 8aah in• `i~ atall~e~nt ahall f'irat be applied in p~yment of interest and thea on the un• - ~ paid balance of the prSncipa7. am~. 1~ peanalty oi 5~ idll be cllsrgsd on aqy . p~ysenta aFte~ ~rs c~ne. jt~is OOVF~IANT~ AND UN~R.STOOD~ as part of t,he consideration hereat as follo~s. 1. That there 1a eodsting a first Kortgage to Firat Fede~a7. Savings & I~oaa ~ Associat,ia~ of Fort Pierce~Florida xith a balaace of appro~d~atelf $20~600.00 ~ aa the saete is recorded in tha 3t.Iucie County~Florida pnblic records. 2. That the part~y ot ttie lirat part 8ha11 continue to aake all of ths sonth~y p~y~eats of principal and interest vhich ma~ bsca~e ~ne and pa~yable under the aaid aortgage dsed undar t1~is agreeneat ior deedsProvided:howe~er~ the party o~ the aecond pert hareby reservea the right to at ac~ tietebefore Decesbe~ lrif'~h 1972 to pepr to the part,y of the First parE the aaah diftereanae betveen t~he eadating aortgage the balance dne and o~ing w~der tbia Agree~e~t tor desd. Upan pa~ynent of t~ aforesaid caah dift~rea~cs~ the par~,jr of t~s asaasd par~~shall ba entitled to receivs a Wirrantf desd fraa the part~ oi the t~.rst par~~yhiah said iTarra~ desd ahall contain a Staudard ~ortgage aaau~ptica~ alauae xhereby tha part~r of ths aeca~d pa~rt assua~es fi~s? eod.sting ~ort~ge bslano~ under ths $aid ~ortgag~.Ths party of the s~ca~d part sball so hs~s thll right prs~paq~ent in Whole or ia psrt eub~eat cail,y to aRy ~nditioa~s as s~/ bs seti ant in the said aartgaga deed. 3. In the a~rez?t that it should becois necesaaty to inatituts legal pr~• ceedings to torscloae or otheixiss e~atores thia contraat~the parbr ~f the ascond par~t hereb~ agrees to p~ all cost,s oi auah action~ inclnding a reaso~ebla Jtttornepr~ s teo, b•~he party ot the s~ac~d part alao correnaat~s and agrsea to kee~p~ths prs• aiaes inaursd to the htll ea~teaut o! ths sortgage re~sining unpaid here• unde~ ~nlao to py all Cona~j or other real eatate ta~~ss oas aaid P~PO2'~7• 5• ?o perwdt~ ao~it or anff~r aqy vsste~i~psiiseat ar detora~iou ot aaid propsrt~? or aiq? part tLereort . ~ ~ a~175 ~ l0i ~:~~;~~_,:'H~. ~n _ : } - . _ _ _ ~ , ~ ~ ~