HomeMy WebLinkAbout0737wGNEEMENT FOR OEEO AAMCO IORM !~
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r ~e es o regimen ~8
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llude this ~ ~~ day o/ August
in the year o/ our Lord, orrt t/rousarrd nine hundred and Sixty -Nine
~ttlti~tl
MACKLEN ENTERPRISES, INC.
FRED A . VAUK,
part Y of lht first putt, and
part Y o/ thy sycorrd part,
~t~t1ltSSeNI, Thal it the said part y of the second part shall first make th~~ payments and
per/orm the couenarits hereina/ter mentioned ore his part to bP made and per/ormed. the
said port Y o/ the rrst part hereby couerrarrt s ar:d agrees to corruyy and assure to the said
party o/ the second part, his heirs. yrycrrtors, admirrfslralors or assigns, in jet
simply, clyur o/ all frrcrrnrbrances ruhateuer, by « good arrd srr~llcferrl dyed, the lot piycy
or pturyl o/ land, situated in the Guunty o/ St. Lucie , Sluly o/
Florida known and described as follows, to-wit:
West 1/2 of West 1/2 of NE 1/4 of SW 1/4 AND East 1/2 of East 1/2 of
NW 1/4 of SW 1/4 of Section 8, Township 35 South, Range 39 East, as
recorded in public records of St. Lucie County, Florida.
This agreement is made subject to a mortgage to Community Federal Sav:
and Loan Association of Riviera Beach which the grantors hereunder ag:
to keep current and pay, furnishing evidence of said payments to the
grantee. Any payments made by the grantee on said mortgage shall be
credited against the amount owed the grantors:
arrd the said party o/ tl~e second part hereby cover:ants acid agrees to pay to the said
party o/ the first part the sum o/ ~ENTy SEVEN THOUSAND -------------dollars.
in the manner loUowfng ; Five Thousand Dollars ($5, 000.00) down and the
balance of $22,000.00 payable in annual payments of $2,000.00 at 7%
interest, first annual payment being due April 30, 1970. All or any
part of the a:~nount due may be prepaid at any time without penalty,
ruith inlyrysl at the rate u/ seven per cenlrrnr per arrrrum, pctyuble
anrurally orr the whole sum remaining tram time to time unpaid; and to pay all taxes, assessments
0196 pcrsilions that may be legally levied or imposed ttpon said lurid subsequer:t to the yyar
8 .arid to keep thy buil`dirigs ttpon said premises
irrsurtd in some company satisfactory to the party o/ the first part, acid payable for the parties,
respectfuyly as their irrtertsts may appear. irr a sum not less' than Twelve Thousand
and no/100th: ($12,000.00) -------=--------------------------- Dollars
during thy tyrnr u/ this agreement. Arrd irr case uj juiltrre o/ lhy said party o/ thy sycorrd part
to rnuke any of the payments or any purl thereo/. or to per/orm any of the eouerrarrts urr his
port hyryby made arrd yrrtyred into, this contract shall. at the option o/ the party ul Ihy first
part, 6e /or/eited and terrni-iuled. acrd the part Y o/ the sycor-d part :hull /or/sit «tl payments
made by him orr this contract; arrd such payments shall bt rytafrred 6y the said part Y
o/ the first part fry lull satislactfon arrd ligrridatiorr o/ all damages by him sustained, arrd
lht said party o/ the first part shat! haul thy right to re-yrrtyr and take possession of the
premises a~/oresaid without being liable lu arty action therelo%
7RR ~~, by arrd between the parties hyreto. that the limy o/ yach payrrryrrt
shall be an essential part of this contract, arrd that all coutnants arrd agreements hyryfrr conlairred
shall exlerrd to arrd by obligatory upon the heirs, executors, admirristralors arrd assigns of the rt-
speetiue parties.
~UtttleSS ~s The parties to tlrese
lht day and year first above written.
press is have hereurrlo set their hgr+dt~rd ie~t;•~' ~•
ENTERPRI 8 , IPT~ j ~ jr,'
•'_ f `•,
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e~z~~nt-- - ------ -_- ~.~ .,~ ..~ .
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--------------- Attest:-- S
red A.
%is lus/r~~rl~lb~as Prepared By
Address BENJAII'IIN L. BRYAN, jR.
P. O. Box 3230
Baulason Building
Fart Pkroe, Flgslda
Si~ ~. Sealy a-r livered fry Presence ol:
BOOK 179 P~c~ ,7~6
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