HomeMy WebLinkAbout2071 ARTICLES OF AGRTEMENT - Page 2. ,
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be adjusted accordingly. Furthermore, if payments,
after the first payment, are not received by the 7th
of the month when due, a penalty charge of $3.50 will
be made.
First Parties agree to utilize so much of the $105.50
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~ monthly payments as is necessary to pay the real estate taxes j
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' on the aforementioned real property as well as the insurance
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premiums due thereon each year.
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First Parties will give Second Parties an annual
statement no later than February 15 of each year, showing the
amount credited to principal, to interest, to taxes and in-
surance from payment made by Second Parties during the previous
calendar year.
Second Parties agree to pay when due all assessments ~
which may be imposed against the propeity for any type of
improvements made by any public body which result in an assess-
ment being imposed against the property. ~
~ Second Parties agree to pay all costs connected with
~ the recording of this agreement, which is to be recorded no :
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later than December 31, 1969, in order for Second Parties to F
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be entitled to receive homestead exemption in the coming year,
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to keep the real estate taxes to a minimum. '
~ Second Parties agree to pay all costs, charges and
~ expenses, including attorneys fees and title searches, reason-
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~ ably incurred or paid by First Parties because of the failure
~ of Second Parties to promptly and fully comply with all con-
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- ditions, covenants and agreements contained herein. In the
- event Second Parties fail to pay when due any sums of money
fi payable by virtue of this agreement within 15 days next after
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~ 0 R~~~ ~ WILLES, BITTAN d GRIf~FIN
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~ _ FORT P16RCE. FLORIOA 934b0 =
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