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HomeMy WebLinkAbout0116 ~ rnn ~NSraua~r w~s ~nE?NtEO ~ 1 , 1`7~G'~ Rorc~ R ~wrs. ~ao~nay ~ yw . ~eun~ ~ u~r. roa +ruio~ 111M ARTICLES OF AGREEMBNT THIS AGREEMENT, made and entered in~o this ~_day of May, ' 1968, by and between EDMAR, INC. , a Florida Corporation, hereinafter a called the party of the firat part, and FRED TAYLOR and EDITH TAYLOR, ~ . ~ his wife, whose mailing address is: /S/2 ~?t . , Fort Pierce, Florida, hereinafter called the partiea of the second part, W ITN ESS ETH: 'That if the said parties of the second part shall first make the paymen a and perform the covenants hereinafter mentioned on their part to be made a performed, the said party of the 8rst part hereby covenants and agrees to co vey and assure to the said parties of the second part, their heirs, executore, administrators or assigns, in fee simple, by a good and sufficient deed, ~~I nuuo~t;!~~ ~ the following described property, together with all improvements thereon 1 , ~a~ •d. ; lying, being and "situate in ~t. Lucie County, Florida, to-wit: a~ - ~ ~ - : Lot 9, Block 3; of JELLISON`S SUBDI- ~a,3 VISION, Less the West 60 feet and the ~ . ll~~~ t~ ~ East 195 feet thereof as recorded in _w Plat Book 4, Page -37, of the Public ~ Q~ Records of St. Lucie County, F lorida. V o a~ : ~ `~~Q~~i~+ui~ii~a ~ 'I'OGETHER with all improvemerns thereon. . ! A1N(10~ ; and the parties of the second part hereby covenant and agree to pay to the ~~~m •ls ~ said party of the first,part, as consideration therefor, the sum of IJINE ~ THOUSAND SEVEN HUNDRED AND NO j100ths DOLLARS ($9, 700. 00), in the manner foll~wing. a There shall be paid the sum of ~300. 00 cash at ~ the time of the exeeution hereof, the receipt ~ wherec~f is hereby acknowledged. The then re- ~ maining balance of ~9, 400. 00 8hall be paid in ~ ~ weekly inatallments of ~?20. 00 each. The first such weekly inatallrn~nt shall be due on the 18th ~ 0.~ day of May, 1968 and the cash sum of ~20. 00 z 4~ ~ shall be paid on each succeeding week thereafter e~~ ~ unti l the whole sum named of ~9, 4t)0. 00, plus Z`~ 3 inierest, has been paid in full. Each such weekly ~ m~~~ payment shall beapp lied Hret on. interest and then on the unpaid princ~pal balance, with intereat from ~ -o 3, the date h~reof at the rate of 8~ per annum on the ~ unpaid balance. 'I~vo or more paymente may be ~ made at any time by the parties ot the second part Y » $ ~ i ~ $ ~ ~ • r ~ . ~ . ~ • ' fM . . ~ Y ~ ~ i ~.3li4f ~ : 1 _ ~~~zr':..T, ~.:''.h-w''z•'t' :`ed'~ " . ---:S+y~..:~~~ 1 ~~'Y~cY?~i3s,.... 4. ,S iv~. _ Yi .