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HomeMy WebLinkAbout1223 . IN MYMENT OF TI~S ~ ~ y ~ IYE'0 p~RS1~1HT ~ CHAPT~R Z07Z~4. AC~OF 191P~~ ~ * ~ 1~`t~~G~ j F.OG"R P01':P,~1S~ Cierk Cittuit Cou~t . . as Age~t fo~ DANI_L N. KNOWtES. 1R S~ lucie Cau~ Tax Coitecta By DEPUIY CI~K - D ARTICI~S Ol' AGRBh'MENT ~j F~a' . This agreeanent, made this day of Auqust, 1969, be- tween CLAiI~E 8. COMBS and I,OUISS L. C~BS, his wife, hereinafter called "First Parties" and aTILLIAM 8. RICHARD6 and SBIRLEY RICHARDS, his wife, 3207 Tennessee Avenue, l~ort Pierce, Florida, hereinafter called "Second Parties". WITNTsSSBTH: That if Second Parties shall first make the payments and perfona the covenants hereinafter mentioned on their part to~be made and performed, First Parties hereby covenant and agree to convey and assure to Second Parties, their heirs, executors, . administrators, or assigns, i.n fee simple, fre~ from all en- cwnbrances, by a qood and sufficient warranty deeel, the following descri.bed property situate in St. Lucie County, Florida: ,I,ot 1 and the.westerly 15 feet of Lot 2, Block l, _ FAIRLAWN ~OMBS, as per plat thereof on file in Plat Book 9, paqe 10, public reoords of St. I~tcie County, Flotida. And Second Parties hereby covenant and agree to pay First Parties the sum of TBIRTEEN TSOT,7SAI~ID DOLI,ARS ($13, 000.00) with interest ~ at the rate of ?96 per aanum as follows: ~ $1,000.00 on or before the signing of this agreement, re- ceipt whereof is hereby acknowledged. Z $120.00 per month begianinq the lst day of Septeznber, 1969, ' ~ and $120.00 on the lst day of each month thereafter until ~ the whole be full id. ~ Y Pa. rle~ ~ 2 Each instalLaent shall first be applied on the payment of interest, taxes, insurance and termite pc~licy, and then on ~oa~ the unpaid balance of the principal swn. The monthly in- za~ stallments will remain at $120.00 per month unless taxes ~ wmJ ~ or insurance caus~ the payments to fluctuate upward or 8 downward from their present level, and both parties hereto aqree that if auch fluctuation occurs, that the monthly ~ payments will be adjusted accordingly. ~rthermore, if payments are ~ot received by the 7th of the month when due, a penalty charge of $3.50 will be made. u?w omacss v~nu.ES, errrwri s oR~~~N ~ R 1$O PACf ~~~U a ~x ~ BOOK RORT pIBRCt. ELORIDA 33400 , . - ~ r~_~_, r _ , °~~'ar t;~r.~es:.