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Home My WebLink About1685 Y~ . ~ _ 18681'7 ' AGREII~'lENT FOR DE6D. ' .b A~lIQ.SS OF AGRE~[ffi~T,made this 23rd da~y oS 1~pri]. in the year of our Lord One thousand nine hundred sixty nine~ oetTa~een Kelly Construction :r ~ Cornpar~~ a Flor3.da Corporation~ party of tha first pa:rt and Casoll Ra~q Williams and Vicki C. Williams~his xife of 2405 Holidatiy Court~ Fort w Pierce~Flor3da party of the Second part. r-~ ~ WITNffiSSTH: That of the said party of the second part shall first make " the pa~rments and perfora the coQe~ants hereinafter mentioned on their .n ~ part to be made and psrfornied~ the said party of the first part hereby cove~ants and agrees to convey and assure the said party of the second ~ o part~ their heira~ executors~ac~rdnstrators or assigns~ in fee simple~ ~ s• clear of all encu~berancest~hatever~ ~ccept as hereinaf`ter set out~by a ~ ni good and sufficient Warranty deed~ the lot~ piece of parcel of land situate Q~ in the County of St.Lucie~Florida lmosm and described as ~olloxs ~t.o-~ t: a~ ~ ~ Lot 3~Block 5~ SSUOND AD~TION~ ORANGg BLOSSOM ESTAT&S~St.Iucie Countys Flcrid,a as per plat thereof~ on file in plat book ].li,page 2~ of the Pablic records of St.Lucie County~Florida .SUHJECT TO all restrictions~ reservations~ease~aents and protective covenarits of record, L~ O ~ A 3 And~the said pax•ty of ~.he Second pArt hereby covenatits and agrees to cv p~yto the said party of the First pa~rt the sum of ~renty One Thousand ~ Nine Hundred Dollars ($21~900.00) with a do~m paymet~t of One Thousand Dollars ~$1i000.00) in the manner folloxing. A-Three Hundred Dollara ($300.00) per nwnth begirLni ~ on the 23rd da~r of M~r 1969 and «~ntinuing each month f~r the next ~ght (8) months and then Too Nundred Dpllars ($200.00) per month for the neat 40 Forty Months on the 23rd of each mont~h. C~Monthly payments~ as hereinafter set out in (A) sha11 include principal and interest on the unpaid balance at the rate of 8~ per-~annvm. ~ach in- stallm~t sha11 first be applied in p~neut of interest and theNbn the un• paid balance of the principal sum. A Penalty of 5~ xill be charged on ar~ payments after F3ve d~ys due. It is COVffi~IANTSD AND UNDERSTOOD~as part of the consideration hereof as follojrs. ~ - - _ _ ~ 1.That there is e~dsting a first mort~age to First Federal dc Savings & ~ Loan Assocation of I~brt Pierce~F7.orida with a balance of appro~cimately ~ $16~800.00 as the same is reoorded in the St.Lucie County~Florida public records. 2. That the party of the first part shall continue to make all of the month~y p~yments of pri.ncipal and interest r~rhich ma~y beconee due and pa~y- able under the sai.d m~rtgage deed under this agreement for deed:Provided: however~ the party ~6 the second part hereby reserves the right to at ar~r time before Apri7. 23rd~ 1973 to p~y to the party of the first part the cash difference betxeen the eadsting mortgage the balamce due and awing under this agre~t for deed. Upon p~yme,a~ of the aforesaid cash difference ~ the party of the second part~ shall be entitled to receive a Warranty deed~ from the party of the first part~trhich said xarranty deed shall contain a standard mortgage assumption c~ause s~hereb~r the party of the second part acanme3~a thP Pri atinv mnrtvanr3 halannra •»+Ao,+ +.t,o Q~i.i 111A1'~0~00_ ~IM11p nnr}v nf ~ - - - - - - - - - - - - ~ the second part sha11 also have tlill. right of pre-pa~yment in ~hole or in ~ part sub3ect on]y to ar~ conditions as ma,y be set out in the sa3d mortgage ~ deed. . 3. In the event that it should become necessary to institute legal pro- ~ ceeclings to foreclose or otheririse enforce this contract~the party of the ' second part hereby agrees to pa~ all costs of such action ~ including a ~ °d reasonable Attorney~s fee. ; ~ lt. The party of the second part also covenants and agrees to keep~the pre- ~ mises insured to the fli11. exteat of the mortgage reaoain~ ~ unpaid hereunder~ ~ also to pay a11 County and ot~he~ real estate taxes on said property. ~ ;r;: ~ 5. To Permit~Co~ai.t or sutfer a~r ~ai.ste~iiepairme~nt or detoration of said property or ar~r part thereoP: ~ , ~ ~ BooK181 ~~E16~5 ~ ~ ~ ~ ~ - ~ - _ - ~ _ - r_-e:~~_.~~., . .e . . - - `