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HomeMy WebLinkAbout0250 i'~336~ AGRCEMENT FOR OE[D , . RAMCO RORM 2J , t . ~ , . ~ ~ / ~ r ~c es o reemen ~ ~c~~~~ .1/ude fhis lOth day o/ DecembeY` , ~%Jj~:si ~ in the ycar o/ our Lord, on~ lhousa~id ~iine hundred and Sixty-e ight ~ ~0 3c89 ~~It1Uttft ; ~N4CH CALDwBLY. ~ . part y o/ lhe /irat purt, nnd CLAR~NC$ W. SH~LTON and PAULINg M. SHELTON, his wife, /~dr ~~3 ~0/Ydo~r~l~V~ part ie8 0/ tht sPro~td /xtrt. ! ~~~n~.~~~ Thaf i~ the said part ie3 0~ the second parl shall firsl make lhe payme.nts and perjorm fhe coue~:arits l~ereina/ter me~:lioned o~e their part to be made a~id per/ormed, the said pur! y o/ fhe first part hereby cove~ea~it s and agrees to conuey and assiir~ lo the said part ie s o/ the second part. the iY` htirs. PxPCUtors, administrators or asai,qns, irt jee simplP, ~1PCrr oj all i~ertrmhrances ~uhale.uer, by « good ar:d att/Jtcie~it dPed. the lot . piPCP ~or ~rcP! o~ lalid. situceted ire the Gou?iiy o/ St. Lueie . S<<i~P o/ Florida known and described as rollows. to-wit: The West 100 feet of Lots 3 a~nd 4, Block 5, of an unrecorded plat of DI%ITLAND SUBDIYISION, in Section 27, Township 35 South, Range 40 East. BUYTR HEftEBY ASSIIMSS and agrees to pay first mortgage covering subject property held b Com~nonxealth Mortgage Corporation in the ~ approximate balance of ~7,975•~• PURCHASS PRIC~: $10,500.00; I arid the said part ie8 0/ tl~e se.co~id purt hereby coue~iant a~rd agree to pa~ t~, aaid part q o/ tf~e ~erst part the sum o/ TWO THOUSAND FI~TE HUNDRED TW~NTY~ ~lars, ~$2,525•00) in the manner following: $25.00 per ` month beginning the llth~ day of Se tember , 19 b_r~ and a like sum on ~sa?id date eac~i succee ing mont t ereafter until paid in full, ~uith inferPSt at the rate u/ per c~nlum per a~inum, ~xt~able aie~iually un the whole at~m remai~iing /rom time lo time ?u~paid; u~id to pay all tcrxea, aase~aaments or impositions thut may be legully leoied or imposed upon aaid lund attbseque~it lo the yPar . a~id to keep the buildiiigs upon said premises ~ i iiisured in aome compa~iy salia/uctory to fhe part y o/ the frst part, and payable f~r the parties. ~ respectioPly as their iriterests may appear, i~z a sum not less than € masimum insurable value Dollars ~ duri~rg fhP tPrm u/ this ugrePmenl. A?id iu ~ctse u/ fuilure o/ t1iP aard parlies of the sP~ond parl !u muke uny o/ the. ~yments ur u~iy purl thereo/. ur to per~orm any o/ the rouenanta u~i thsir part hPrPby made and PntPred into, this ~ontract ahall. at the op/io?: o/ the purt y u/ fl~P ~rst part, be /or/~ited and tPrmi~ruted, arzd the part ie8 oj t/ie aPCO~id part ahull jor/Pil ull Jxryments inade by them on lhis.contracl; arid such payments shull be rPtairied by the said part y o/ the frat parl i~i /ull aatis/action atid liqitida[ion o~ al( damages hy him sustai~ied, ai~d the aaid part ie8 oj the ~ral parl shall haue thP right lo re-P~tfer and take possession o/ the premises a/oresaid iuithoi~t bein~ tinble tu a~iy actioli therc/o% TRIRIIA11y by a~id between the parlies l~ere(o, thu[ the time o/ Pach ptty~tt~nt ~ shall be an esse~itia! part o/ this contract, and that al! covenants and agrPemenls hrrPi» contained ~ shull exlertd fo aiid be obligatory upon lhe heirs, executors. adminislratora a~id assigns o~ thP re- speetiue parties. ~~~11~ The par~iea to these pre.sPnts huue herettrrto set their ha~ida and seats [he day a~td year ~rst aboue writlen. Signed. SeatPd und Deliuered in Yresence o/: 1.t~4~1!-- - - - ~ ~ - Bnoch Caldwell----- ' ~ - Clarence W. Shelton ~ ~1~ ~ a~Q~..~~-m,. (L.s. ) - Pauline . ton ~ - , - - " ~ s~.~~=~.~~~-:~- ~ ~