HomeMy WebLinkAbout1419 i co 69-660
ADDITIONAL AGREEMENTB AND PROVISIONS
SNNr msr sss~n this cont~sct Eut Buy~s sh~ll not. Buy~r shsll at ~II tlm~s loMp tM propKtr insund in t1N smount of Ms full Msu~W~ valw, a~sinst fl~,
theft, ~nd such dMr T~uards as SNNr may ~~autn~, with loss psYSbN to SNNr or sNINs sssisnM ~s its {M~~t malr sppt~r by Indors~ma~t provkQ~ tAst tw '
act or dNault of 8uy~r shsll oniudic~ SslNrs ~sAt to towr~ec~ procMds. ~nd H at sny tien~ vrhiN monbs an ow~d h~rwndN Buysr hils to fumisA SNNr with
insuranc~ poNcy w polie~~s !a-tM ~for~ssid inwrsnc~ cow?si~s witA tM ~fapald bss psriW~ InOo~ssm~nt or if tM pr~mfums tMnMr b~ ~wt Won~pt~ W,~ :
Sa11~r msy pay EMp~~n tums o~ scquirr inwrsnc~ irom snotM~ soure~ witi~out w~ivin~ or sil~tt any ei~Ab w~d~r tMs coMaet snd ~wry Ym~nt so P~b shsa
b~ar iret~rtst Trom tM Ast~ tMreof st th~ hftMst bwfW rat~ ~nd ~seh weh psym~nt ~nd 1Mehst~r~on sAall 0~ s~tund by this ta~t ~
y~ assltns M SNIK f
th• proc~Ws of and ntum pnmfums from all insu.~nu ao tM prop~Ry not ucc~~di~ tM unpsld poRla+ of tM Totsl d PaymN?b ns~r and ~hcb iny
~nsurer to~ psY silp~
Nds sed htum prsmiums dinctly to SNIN o~ SNNr's sui~!~ snd BuIrK ~ppoints SNI~r o? StIN~'s sss~nN sttotMya~-fsC! to inda~s~ anr ~
drak an0 apply ~N sYCA proCMds s~d r~tuen ptin?iums to ~nq Ind~btWMSS Me~undK MMthN tMn dw M ~ot. t
Buy~r wiU WY sll tosts of tiUoi or newdin~ th~s tontratt snd flnaneini o~ tumination statsma~t wfth nsp~et to tM MaP~~Y: ~nd aPPde~ts SMIK p
Seuers sssitnN ss BuY~rs attan~Y-~o-het to do rrhatw~ SN:~? a SN~sqsi~ ~ msY d~em n~c~ssary to P~rhet or eaW~w p~ef~ct~d ks s~euritY iM~st In
tn~ prop~ Buytr rrphstMs, ws~esnts and~a~ rNS that tM peopah? will b~ k~p! st tM sddr~ss of tM bo?rowar shown on tM hq W~tMs eo~trad snd 8Y7iK wltl
promptly ~ rnitbn ~w~tic~ to SN1~ o? SNNrs sssi~~ Ot apr chsnp In tM locstion of tM and Buy~~ will ~wt nrnow tM prop~R71 trom tN~ oow~b
of tM B~y~~
s aWnssid ~ddnss slatiro M~on MitAout tM prio? +wrNbn eons~M ol tM SNN? o? Iws issi Ii tM prop~Ry is ~equihd p~ieaa~ily for E~k~s
us~ and tM 8uy~r Ass s plst~ of ~s M morr tAsn on~ sqb. tM ehNf pise~ of buslnps af_tM Buy~r~tM ad0e~ss of BuyK ~i.Sa~vn on tM tse~ ot tMs oom
c.aet. (unlrss. sinwlbn~ouslY r+iM tM untution of tMs loMna Buyer h~s tivrn SdNr. w SNNrs int«?d~d ~ssi[~ rw~eKion~d on tIN fsa Of this eaK~set.
wrilten motip of tM ~ddtKS W tM chNf Pbc~ of OuyMss of Buy~r it oth~r tl~o tAst siwwn h~no~) ind BuY~ wiA ImnNdisLMY ~iN SNIK o~ SNNrs assi~nN
r writtns oi ~ny eAsnr in add~ss d du~e's ehNf p~ of bus~mss. . •
8uy~? wanaMs tf~t s~y prop~Ry tradW in Mr tAe P~RY sold IRn~p~d~r is fe» tean ~ny MM? Ns4n: ~newnOrs~q or s~eorltY intv~st. ~YK ~ wNh
th~ prowrty in ~ood condRion s~d npdr snd f~u from Ibns snd othK s~euritn 4~brp~ vr~ll P~++P~b WY all tac~s snd sss~ss+nw~ts on tM npaty w
ru
r~spett~to its w~. and on o? an seeouM of this eontract. Thfs w?ittnt eoMslns tfH full. 8nN snd ~xclusiw ststwn~nt ot tM ooMrsct of tM pa Tin+~ is ~oc-
pnssly d~eWnd to a ot tM ~ss~+~e~ of tAis eont~sc~ Esch ot tM p~o~ses. wa?raett~s. terms s~d eenditions of this eoMraet b ~eptissly d~ehe~A to
be sn ~ss~r?tial psR ot tM eoosid~atioe. but it anyps rt of this eont~set is ad udpd imralid tM hmsindK will not tMerby b~ ImraUdstsd. J1s u~d MeNn, Me sin~
gular shsN includ~ tM plursi ~nd tM plural shsll includ~ tM sin~ular. sad Neh p~rsoesl Pro~ou~ of sny pnd~r sA~li (ntlud~ sli ~M~rs. O~ms~ to o? loss or
destructian ef fM prop~rtY wiq not rNqs~ BuyN trom his obliptions Mrwnd~r. i
TM oaumMe~ of sny of tM followin~ shall b~ a Mhult Mnund~r. (1) hilur~ d Bvyt~ to mala ~~r psYrt~t w to p~rfa~n se ot Ns obliptlons Mn~ ~
und~r. (2) dNault of sny Bu in nsp~et of any otMr Ind~etWn~ss d sueh 9uyK to tM SNIK or tM Sttt~r's sssit~ ot tAls toMrsd. th~ d~sth of aey8uy~r
.
(4) any wsmMy. nprsseMs~~on a stat~! msd~ a furnish~d to SNNr or Se1Nrs a~ b~l or on ~haif of sny Buyar prov~s M b~ mstwiaqy inew~ct. iM
o¦o~ertY is Iwi~d on. saz~d by N+dieial wIe~ sl authority. or trsnstKr~d to a rw:Nvtr o? ~~tN. transhrs p~s~ssioe~ o( tM p~op~tY or po~n K
iransi~rerd from BuyN br ope?~Noe of law. (n eondNer~stion or foANtu~ aetion Is ientituhd apinst tM prop~rty, tM peop~rtp is lost, stoNn o? w~
damased. In tM ~vaM o~ a d~ftuM, a it SNIe~ a SNk~s sssi~ d~ms ils~H a tM prop~Ry or tM IndsOtbn~s sKUr~d Mnby Ins~tue~. SNNr shall hsw dN
r;q!+t. st its oPd~. to d~cbn tM s~sn~at~ sum tMn nm~inl~ unpsid Mrwnde~. Nss un~sm~d IM~hst or Nnsea ehaRa or the wwam~d o? w~socrwd
portion oi tM tirtN prit~ di/ttrMKis1, imm~distNy du~ ~nd psysEN without notle~ or d~ma~d• (b) ~ntN sny p~misss and rithout Ortaeh of tM pMe~ hb Poss~s-
d ta
sian oi tM propaty. snd BuyK asn~s to wmnder poss~ssfoe oi tM prop~rty on dansnd• snd (c) ~Kefs~ sny o? all o~ tM ~i~hts an d~tault ot a s~eunA ps
under tM UnNam Comnarcisl Code. SNI~? msy requir~ Buy~ to sss~mbh tM ProW~Y ~~ibble M SeiNr st a plse~ to b~ d~nat~d bY SMMr ~
is nasonaWy Conwnia~t.to SNNr. My notics oi ssN. disPosidon or othe~ IM~nd~d actbnpy SNitr o? SNNPS~~~~ s~M to Buy~r at tM aad?~ss a shown
on this CwNraet. or suCh othM sddrKS of BuyN ~s BuyN ~niy hiW fp~dRqM A4w3tM! fn writl~. at Isast Ifvt asrf prMr !O fueA stHOlf. fh~p COf1fNt~rW011~ :
aDle notip to Buyr?. ~
sA~
suy.. sns~~ psy an wsts. cn,.s.s ana ~nNud+~ ..aso~aa. mom.Y: t«s. taeum.a on seeoune a sny a.tault n.rwea.r. n sn.N b. ownm.eelsU~l
ressonaEN for SN1K or an~r assi~N of tAb nd to sNl tM p~rly on • whol~sal~ bas7s to a dtaN~ in us~d prop~rty of liq kind !a tM prop~rty IMnin. o?
to s~it to •pu RhssK dir~Try o? thrruRh a deaNr in sueA us~d prop~ety'-
,-Eut tM ~n~wnvstlon ot tl~ f0~dn~ m~th33-
s d disposition sr~ witAout tlmita~tioo on !M
ri i+t of SNNr or snY s~ to ~spos~ of tM P~WKY dY aoy otMr maomr or mathod (wMtlwr bY saM. t~as~. w otMrwiss) in a eonMmeo1~py rWSana6N m~n•
ner. Seller ~rill sccaNit ta Buy~r tor smr surpius (sft~r d~duction ot ~s~s, costs and h~s p?ovid~d or P~~mitbd by law) snd BuyN shsll Oe ~nd nms~n IIabN fo~
any detici~y In tM ~wnt of Buwr authoriz~s SNNr or aey sssttnM d tMs cont~sct M tsb iMo custodp aMr p~rsonal propsRy toulM in or on tIM
~op~Ry and lo hold tM ssrn~ u il elsim~d by Buy~? snd in tM ~vw~t sueh p~es~l ropeR is not etafn+~d wiMio s nssonsbN tlm~ b~l 8uy+r SNlar b sulha?
~ ed to dispds~ of ssm~. 8uyera~ eMS to ind~mniTy and hotd hsnnbss SNIK and any assi~ y of tNs eontrset from damsps snd IisWiity rwYtint iroen ~possw
sion ii Bu~ r~fus~s to voluntsnij? surrend~r th~ proputy sRK d~faulL No watw? bY SNNr or sny assit~ of this tontntt ot sny d~tault sha~~ ap~rat~ as a raMf
of any otMr d~tsuk or of tM ssm~ defsuR on a futurr occssbn. No detsy or omission on tM part of SNter or anr assitnN of this conhaet le u~rtisin~ t
or rem~dr ~Y operat~ as a walv~ tMreof. and ea sintN orp~ yrWl ~x~Rls~ by SNi~r or any sssi~nN ot any ~isM or r~n»dy shafl pr~clud~ aMr dhK or
Buyer~sbaN nct b~ s~wa
ve~~ o~r iHitt~anr ~iid
s
of
S~eNer. Thh a[rpn~ h~bein d~iw~t inytlN ~~t~
i~M
P~OrWs ~1~ cantru~d wilA
the laws of ilOfWi.
FILE~ AND RECURDED
" ~ ST. LUCIE COUNTY. FLQ.
• • F.• ~,`~,sF~~'C1
i 184~0
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Cl~~fiK ~;RCUIT COURT ~ .
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