HomeMy WebLinkAbout2450 ARTICLES OF A(3RSEM~L~1T - Pa~e Tw~o
on ths unpaid balanc• o! the principal sum.
The monthly initallments will remain at
$145~A0 per month unless taxes or insura~c~c•
cause ths payment• to lluctuate upward or
dawnward lrom their preaent l~v~l, and both
parties hereto aqrsa that i! euch tluctuation
oacurs, that th~ nwmhly payments will ba
adjueted accordinqly. l~urthermore, i! pay- ~
mente ars nat rsceiv~d by ths 7th of the month
when due, a penalty charqe of $4.50 will bs
made. Firot Partie• aqroa to qivs Second
Parties an annual etate~asnt, no later than
Fabruary 15 0! each year, ebawing the amount
credited to principal, to intereet. to taxss
and insurance, from payments mada durinq the
previoua calendar year.
Second parties aqree to pay all costs connected wfth
the recordinq ot this Aqree~aent, which is to be recorde8 no
later than December 31, 1969, in order !or Seca~ nd Parties
to be entitled to receive haneatead exemption in the coa?inq
year, to keep the real eetate taxea to a minimum.
Firet Parties aqree to utilize so much of the $145.00
monthly payments ae is neceaeary to pay the real estate taxes
I
' on the aforementioned real property a~s well as tho inauranca
premiwns dus thereon each year.
Second Parties aqree to pay all coste, charqee and
expenses, includinq attorney'a fees and titl• aearches,
reasonably incurred or paid by First Pa:rtfes bacawe of
lailure of Sacond Parties to promptly an~d fully comply with
all conditions and covenants of this Aqreea~ent. Zn the
event Second Parties fafl to pay wben due ~ny sums o~ money
payable by virtue o! this Aqrasmem, within filtaen (15)
days ne~ct after the eame becQmes due, or i! eaeh and every
Agreement, stipulation, condition and covenant of thi• Aqree-
ment ars not lully perfora~ed, complied with and abided by,
LAW OFFiGEB
WILLEB, BI7TAN & GRIFFIN B~OK1~1 PAGE~Z~V
P. o. sox soa
RORT PIERCE. FLORIDA 3~4a0
~
~ ~ _ , , ~;ti3