HomeMy WebLinkAbout2358 P~g~ 1 ConNnu~d
. . UY~S
-la) Taxes tor the current year including personal properly taxes (If aot d' a e tbe amount is to be con•
sidered the same as the previous ~•ear). ^
(b) Rentals it ~ums on any existing insurance policies to be traasterred to the BUYER.
• PropertY•
10. INSURANCE SHAL.L BE PROVIDED by the BUYER, in the event of a deferred balance, in a company design~ted and ap.
F~ruvcd by the SELI.ER, containing mortgage or loss clause payable to the SELLER as his interesi may appear, in an amount
,~ot less ?han:
(a) such amount of fire insurance on the I,tiitdings and contents acquired hereunder as shall equal the deferred baiance due
the SELLER, or the insurable ~~alue of such property. whichever amount is smaller. and ~
(b) such amount ot windstorm ins;~rance as shall meet minimum co•insurance requirements. ~
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il. A COMPLETE ABSTRACT OP TITLE in usual form from earliest records to lhis date by authorized abstractors or title comp- '
,~nies shall be furnished by the SELLER to the BUYER at the office of the agent within 10 days from date, and the
Bt'YER shall ha~•e until ZO _ days [rom th~s da'e to examine the same.
12. IF THE ~TITLE BE GOOD, the SELLER shall deiiver ior thc BUYER at the ottice of said agent,
~+arranty deed propcriy executed and conveying good and merchantable title ~o said property tree and clear of taxes. liens and
encumbrances, except as otherwise pro~•ided herein; the BLJYER shall thereafter. on or before 30__ _ days irom this date
par• the balance, if any, of said cash payment, and deliver to the SELLER the mortgage with abstract of title or other security for
the drferred payments, if an~•, hereinhetore prov:ded for. }
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13. IF THE TITLE IS DEFECT{VE, the BUYER shall specity the objections in writing to be delivered to the SELLER at his t
of[ice or residence, or at the otfice of his attorney, on or before 20 days from the date ot deli~ery and receipt of ihe j
abstract by the BUYER or his attorney; The SELLER shall on or before 60 dati•s from the receipt of the objections #
in ~~~ritiag either have the defects rectified or furnish the BUYER or his attorney with a title policy issued by a company author-
ized to insure tetles in the State of Florida, at the cost of the BUY ER: but in case such defects in the title are nol rectified within !
that time. or a title policy furnished as herein provided, the BUYER shall have the option of ar.cepting the title in its existing
condition or demanding and recei~•ing back said deposit, and all parties shall be released from all obligat:on hereunder, where- -
upon this contract shall be null and voicl.
14. IF THE SELLER HAS KEPT his oart o: thl, :,~reement, 6~ turnishing good titte as hcrcin pro~~ided, and the BUYER fails
co comply with the requirements hercunder, then the money depos;ted as aforesaid is forfeiled by the BUYFR an~ this contract
may oi may not be thereafter operat~ve, at the opt~on ot the SEI.!.ER_
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15. THE PROPERTY t5 SOLD SUBJECT to the approval of the oti•ner, and the BUYER is entitlcd to possession only upon ~
receipt of deed as herein provided. The SELLER may remo~e an3• objections to the title at the tim~ of closing i[ the same can be t
r?one at such time. Building or use restr~ctions general to the distr'.et, zoning regulations and provisions, and easements of record
shall not be deemed encumbrances. T:me is ot the essence of this contract, and the :erms hereof shalt be binding upon the t~eirs,
~~ersonal representatives, successors and assigns of both the BUYER and the SELLER. Wherever the context hereof so requires
or admits, the singular number includes the plural and vice versa.
16. THE BUYER•s attorney is B~ A. Bittan, Jr.~Box_.309~Fort Pierce, Florida
B. A. Bittan, Jr., Box 309, Fort Pierce, Fl.orida
17. THE SELLER'S attorney is
RECORDED ~
FILEO AND ~
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ST. LUC1~ COUtJTY. FLA. - .
Lnp.~ `IE~?tF'~~ i
18`73~ 55
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w;tr~.ss•s: ~LER;~ ~{R~u~T ~OURT.
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Approv~d nd A9rNd to bY:
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4 2. ~ (Seal) '
t e of FIARIDA, Co~:n ty of 9T..~~1~. HEREBY CERTIFY e - e ers ;
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_0~1 this dey~ before me...~D.~O~#'1aC~7P.~.y authorized 3 ~GZ~p /~I~ (Seal) '
*_he Stete aforesaid and ~p,~~~ie County~~oresafd to au e . s- uye~c
: ~ •.:~r ecknoavled--ements, p~:~~4~;2~~~ne~r~i'~42.AUDF H. CO1~B3
~~~~-e_knovm
t`o~e e pers.$_. , i~ n~'who ex- 4• -(SeaU
~-,*ed Lh~ fore~oin~ ins~s~srSt~~~q~e'is~"~wledped befoxe me that he eaecuted the same. ;
ITNESS nd han an o ~ .~ea.,,.#h~ ~h8 courit and ~ SeaU :
~ ~ ~ T v&~~ o. / TNTC Ol -~oW-i(1~
aPoresaid this ~TM da~t,,ti~ Dscebber, 1969
0k ~ g . ^ ~
800K 1~1 PAGE 2~c~8 N~T r`~'at ~'~Y~ oc aR~o~ T ti ~
?,AY COh1~v11 ON EXPIRES FEB. 9. 1972
' - - - IQMDCD TM pU M iREO W. OlE4iELNOR~[ ~
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