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HomeMy WebLinkAbout1565 ~ i i ~ ~ ARTICLES OF AGREEMENT - Page 3. ~ Parties fail to pay when due any sums of money payable by virtue of this agreement within 15 days next after the same ~ ~ becomes due, or if each and every agreement, stipulation, f condition and covenant of this agreement are not fully per- formed, complied with.and abided by, then the entire unpaid balance of this agreement shall forthwith and thereafter, at the option of First Parties, become due and payable and the estate hereby created in Second Parties shall cease, terminate and be null and void. Furthermore, this agreement shall, at ' t the option of First Parties, be forfeited and terminated and ~ Second Parties shall forfeit all payments made by them on this agreement, and such payments shall be retained by First Parties and First Parties shall have the right to reenter and take possession of the premises aforesaid without being liable for # r any action thetefor. This agreement shall bind and benefit ? : , , the parties hereto, their heirs, ~ecutors, administrators f ~ and assigns. ~ - ~ Second Parties have the option to transfer this con- ~ tract to any other party with or without consent of First Parties. Furthermore, Second Parties are given the option to prepay this contract upon payment to First Parties of a 5% premium for prepayment. ~ ~ The monthly payment of $158.00 is computed upon the ~ 3 following premise: Principal and interest $128.82, home- ~ ~ ~ owners insurance policy premium $7.00 per month and taxes ~ ~ (based on $266.16 per year) $22.18 per month. ~ IN WITNESS WHEREOF, the parties to these presents ~ have hereunto set their hands and seals, in duplicate, the ~ ~ ~ ~ ~ u?w o~~ces ~j r~,r ~ w~u.ES, BI'RAN ~ GRIFFIN a00K ~O~ PAGE~~Uc~ _ o. sox so~ FORT PIERCE. FLORIDA ,9460 ~ . ~ N~ r` ; _ _ _ ~ . ~ . - .,ti ..,a~