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1~~93 13~ SOUTH 2i1J STREEi. fORT PIERCE. F'tA. ~1/10
~ ARTICLES OF AGREEMBNT
j THIS AGREffiVIENT made and entered into this r~day of May, 1968
! by and between EDMAR, INC. , a Florida Corporation, hereinafter called
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~ the party of the first part, and JAMES JACKSON BENNh"I"T and STELLA
BENNE'T'T, his wife, whose mailing address is:1 ~D. a.~ sr
Fort Pierce, Florida, hereinafter called tb~ partiee of th~ second part,
WITNESSETH:
That if the said parties of the second part sha118rst make the payme s
' and pef
form the covenants hereinafter mentioned on their part Oo be made
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~ performed, the said party of the Srst part hereby covenants and agrees tio
' convey and assure to the said parties of the second part, their heris, execut e,
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~ administrators or assigns, in fee sirnple, by a good and sufficient deed, the
~3 following described property, together with all improvements tliereon lying,
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being and situate in St. Lucie County, Florida, to-wit:
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~ Lot 24, Block 6, of SUNRLSE PARK SUBDIVISION,
~ NQ, 1, according to a plat thereof on Hle in Plat
, Book 8, Page 42, of the Public Records of St. Lucie
~ ~ County, Florida. ~
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i; Z~OGETHER with all improvemente thereon. '
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' and the parties of the second part hereby covenant and agree to pay to the
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€ said party of the first part, as consideration therefor the sum af FIFTEEN
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E THOUSAND FOUR HUNDRED FORTY-TWO AND NO/100ths DOLLARS,
ij (~15, 442. 00), in t}ie manner following:
E~ There shall be Qaid the sum of ~860. 00 cash at
the time of the execution hereof, the receipt
~ whereof is ~ereby acknowl~ged. The then re~
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J~; o= maining balance. of ~14, 582. 00 shall be paid in
v~ ~ monthly installmente of ~105. 00 each. The first
such monthly inetallment shall be due on the IOth ~
~ ; da
y of Ma
y, 1968 and the cash swn of ~105.00 !
~`~~`°J = shall be paid on each succeeding month thereafter
~4r~'~;~ until the whole sum named of ~14, 582.00, plus (
~ r~~ji~; interest, hae been paid in full. Each such monthly
~W ~ ~ m ~rn ahall be lied ~rst on interest and then ~
PaYm aPP
a on the unpaid principal balance, with interest from i
o~ Q~; the date hezeof at the rate of 7~ per annum on the !
~Olllllilltiwa ~~d Two or more payments may be. I
' A1Nn0~ made at any time by the partles of the second part ~
on any iastallmeni due date, but the making of any 1
~~~n~ ~ls such ac~itional paymente shall not defer the next ±
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regulai' PaYm~nG '
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