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w~:RCEMEHT fOR OEED , RAMCO FORM 23
• f ~
r ~c es o reemert
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.1/crcle 11~rs 13th d~~y December,
i~~ th~• ~ear u/ our I.orc1, u~~P Ihuusu~~d niii~ hundrPd uiul sixty-Rihe.
~etween LESTER A. SHEFFIEL.D and MARGARET H. SHEFFIELD, his wife
pnrf les u/ fh~ ~rst Nurt. ~~nd
JOHN H. STAMM, SR. and ARLENE M. STAMM, his wif e
302 North 12th Street
~ Ft. Plerce, Florida PR~~les o/ ~~i~' s<•ru?rd part,
i ~it~esseth~ 7'hu! r~ thr suid pcer! ies u/ llr~ s~c•o~rd pur! shull Jirst ntuk~• th,~ pn~mr~lls ~?id
p~•r~urm fhe~ ~'Ol~Plfplf~5 h~~'PIII(I~~PI' IIIPItIlUftPII u~r the ir ~,urt lu hr ntru/e~ cend J,~r/ormrd, thP
+ suid purt ies oj fltr Jirst pur! I1Preby l'OUPIf(lll( lff!(i Q(JPPP to ~ortuc~y ci~id ussurP lu fhe said
~ ~xrrl ies u/ lh~• s~c•und pnrt, their hPirs. ~a•e~~ufor., admi?iesMalors or ussig?~s, in (Pc
+ si~nplP, ~•Ir~nr uj ull in~•~tmbreuu•PS ~t?1~utfner, by u guud u~eel su/ji~•i~nt de•e•d, rh~ !ut . pIPCP
~ or 1x~rrr~1 0~ land, sil~~ute~d ir~ lhe l:uuufy o/ St. Lucie . Slul~ o~
,
~ Florida k~iouv~ a~:d descri6ed us jollows, tu-te?it:
Lot 13 Block 2 M.
, , , E. GOLDSMITH'S SUBDIVISION, according to a Plat
~ thereof on file in Plat Book 2, Page 6, public records of St. Lucie
~ County, Florida.
~ AlI of the parties of this instrument acknowledge the existence of -
I two mortga~es against the property, one to First Federal Savings and
Loan Association of Ft. Pierce and one to Marshall C. and Catherine T.
~ Kite and it is agreed in addition to the other covenants in this agree ent
that in the event these mortgages are not paid by the second parties i
this agreement, that they will execute and deliver to the first partie ,
; their instrument reconveying the property to the first parties.
urrd t/rc~ suid part les o/ Il~c srrond purl hercby ~•ouPnanl and ugrrP lo pa~ !o the. s~cid
pnrl ies oJ the ~rst pari thP sum o/ FOURTEEN HUNDRED ~($1,400.00)-------1)ollars.
, in lhP nuui~~er/o/low~~ . The econd arties ar s Ili certa n realh ro er
i t andP ~p~n R~loeX~stshlc~i n ~gea~°e an~ ~~a~h~~m~e~d~tu~eg~~ u p oa t~ee~roa~ ds
;lo#~ t~e ~a~e o~ a sum o~ ~,~~(~.0~ or any part t~iereo~, tl~Iat t~ie sam~ s~ia 1
I i~e a plied withi thr e~ ys thereaft~r ~oward the abovesaid,$ 1,400.00 a d
~ i in t~ie absence t~ereo~, t~ie note herein contained for the saic~ swn of
; ~$1, 400.00 sha].l be due and payabl e on or bef ore December 13 , 1970 , _
i I IDI~II f/IIf•r~~s[ ut th~ rrrte u/ s jx pPP ('P11(!llll per annuni, pc~yablP from due date
~ u~~:~iiuUy ur~ lhc ~vl~ulr seim remuining (rum lf~tie to /rm~ tutpciid; u~~d to pay u1l tc~xes, (fSSPSSlI1PIi~5
' ~ or impusiliuns lhut may bp lrycilly leaied or impused upon snid lund subsequerit lo the y~nr
~ I 1969 , and to keep ~hP buildi~rgs upon said prPmisFs
~ insured in some ~ompany salis/uclory to ~he part iesoj the ~rst part, u~id pctyuble ~~r lhe purties,
~ rPSpe~tiuPly us thPir i~rterests may uppear, i~i u sum iiot less lhan the a~gY'egate unpaid sums
owed upon the property including the above note during t Dollc~rs
~ durirrg ll~~ t~rm o/ /his crgrrc~mPnl. ~l~ul ir~ rase u( /ui[urc~ o/ Ihp suid E?urt le8 0~ thr sP~ond purt
i lu makr ciny o/ thP payntPnfs ur «ny purl Ihrr~o/, ur fo per/or~n ciny o/ the rouPnanis ur~ their
. purl hrr~by mndP and ~ntPrPd into, this ~orifru~~ shall, cit thP oplion o/ the ~wrf les IhF /irsf
~ purt, he /or/PfIP(I 1111(I ~Prminuted, cuul thP Extrlies u/ Uie sP~und pc~rl shull /or~Pi( ~~1! paymen[s _
! inade by them on thrs ~ontr~rcl; and suc/r pceymP~rts shul! br rPlai~iPd by t/te satd part les
f o/ the ~rsl par! iir /~r/1 sutisJa~tion and liqrridatioii a/ all dumages by them s~~srainPd, a~id
~ lhe suid part ies uJ thP frrst parl shall have Ilrr righ! to rp-Pn(Pr and lake possession o/ the
~rPmises rPBa d wirho~~[ be ~ liable u an acfiun therP/ur. atld shall be e titled to
~ ~ea ona e a~ o eys ~~~$~~r~~tQ~~ ~~~~a ~dinary to Forec~osure of a
~S ~UL~i~ ~ ~ p!1 P
I y 9 ~ by d b twPe~i ll~e purl~es ~~reto, thal the l~mP u~ Pac•h Jxuynr~nt
j shall bP an Psse~iliu! part oj (his cunlru~f, cu~d thnl u!! ~~~uenants and agrPerrrer~ls hPrPin ~otr~cri~red
; shull Pi•rPnd fu a~id bP obligatory upun lhP heirs, PxP~ettors, admiiiistralors and aasigns oJ f/tP re-
; sprctiue purliPS.
's I
in ~1t~1~ ~~f~ ThP partirs lo thc~sP prPSr?~ts haue hc~rFUnlo set ~heir hands und seals
thr day and year Trst aboue u?rit~en.
f , ~ ~
Sigried, SeulPd u~~d Urlivered iu I'rFSence o/: , ~ ;
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_'~-~~y--{-~- - ~ld-Cl.~ ll ~~~fl-l .Ctl~ '
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; Lester A. She e :
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hn . Stamm ~r.
--_.--~'!~~-~Gx- ~---~`~K~~~~..a~---------- -~~;~r,s,~-- -~k-'--- - - - -
rLene f~t. Stamm ~
~-~i~~rcn~e~~yr~cf'p~r?ifa~ by 3
Charles Wm. Stone
~
At;a~i~ey ~t Law p k ~ . ~ ~
328 South Znd Street EC~Or ~O~ 1~r~ ~
F` Q~~~~~~. Fla. 33A5U
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