HomeMy WebLinkAbout0160 ~ ~ ?his imstrurant prepsred b~l: ~
Kelly
1002 Wyo~inq Avenw
Fost Piesce~ Fla. pGRS~iffidT FOR DF~SD.
i~~ass
ARTI~LSS OF ~(iRSH~i~1T~made this txeritiet.h da~y o~' ~te~ in the year ~f our
I.ord Oae thousand nine hundrec~ and si~ct, eight~ BetWeeaa Kelly Conat=vction
Co~apar~p~a Florida Corporation~party of tha first part and Robert A.Cro1't
and ~erona L. Croft~ t3is ~ife ~ oY 2401t Hol3d~p Csurt~Fort Pierce~Florida~
party of the second part.
WITN~3SETHs That of the said part,y of the second part shall .tYrst make the
p~rnaents and perforia the covenanta hereinafter nentioned an their part to
be made and perfo~ed~ the said part~}* of the first psrt hsreby coveoriants
and agrees to convep~ and aasure the said party of tha secand parb~ the3r
heirs~ e~cecutors~ ac~ninstrators or assigns~ in fe~ simple~ alear of a11 en•
cumber.anaea ~hatever~ e~ccept aa~ hersinaPber ae~ out~by a good and saffYcent
Warraaty deed,the Lot ~pieae of parcel of land situeta in the CountT oY ~
St.I.ucie"Florida.~ kno~ and deacribed as Pollo~a~ta-rritj
Lot 7:Block 4~ 3econd Additioa~~ ORANGS BI,OSS~ $5TAT8Sf St.I.ucie~ Conn~~
Florida as per plat thereoP ~on file in plat boak llt,page 2~ o~ the Public ~
records of St.Lucie Cow~ty F'lorida. SUBJSCT To all restrictions~reaervatians ;
easeaanta and protective covenarits of record. ~
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And the said party of the second part hereby oof~ts and agreea te p~y
to ths said par~y of t?he fYrst par~ the swn of Ninateean 3'houaaud Nine
Hundred Ninet3r Ibllars ($19,990.00) jrith a dow pqymeat of One Thousand
Dollars ($1,~000.00) in the niantter follov3~tg.
A. One Thausand Dollars ($1~000.00) upon the eaecution of this agreanent
for deed~the rec~~.pt of xhi.ch is hereby acknoxledged; and
B. ~+~o hundred dollars ($200.001 per month beginning on the First da~r of
July 1968 and continuing for the na~ct thirtaen months and then One~Hundred
Fift3r pollars ($150.00) per month until the first d~y of June 1972;and
C. t~onthly payments~ as hereinabove aet out in (B) sha11 include Frin+ ~
dpal and interest~ on the unpaid balance at ~he rate of 6.75~ Per-ar?num.
Sach installmea~ shall first be applied in pa~nne~nt of interest and thean
on the unpaid balancs of the priucipal sum. A penalty of 5% ~rSll be t
. . . . . . . . . . . , charged on paymeata af'ter FIVS d,ays due. ~
-S`~~~'~lili~l:If" • Z . ;
~ t is~ OOVI~IANTED~ A(}RSED AND U~D~aa part of the consideration ~
'_y± ~ hereof as follotiras ~
~ '
~ ' ~ I''ederal Sa s & ~
2. That thare is axi~ting a first mortgage to First ving
J~'' ~ 6 Loan Assoc~.atio~ of F~rt Pierce~Florida irith a bala.~ce oY appro~d.mata]f~
.
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L'~i~ : ~5,750.00 as the same is recordad in tfia St.Iaicie County~Florida publia
~ .
, 1.1z~~~~,' 1 recorda. .
w e ~e -
~ ~ 0 2. That the party of the first part shsll continue to maks all of' the
~ a monttil.y P~nents of principal and intereat whicti may? became due and pay~.
~;J~oIIli1111lI1~a gble under the said ~aortgage deed ~tder tbis agre~neut for deed;Provided~
hoWever~ the p~r of the second parE hereby resarvea the right t~ at atqr
A1Nf10~ timebePors Jw1e lat~1972~to~ p~y to the party of' thb Pira~ ~pa6r~ the cash
31~t11 '1S ~fferenc~ betxeen the aaiating~ mortgage the balaaae dna and oWing under
this agreenent for deed. Upon pe~rne~t of the aforeaaid caah differsnae~
the party of tha aecond part~shall be eutitled to receive a~arranty d,sed
. from the party of the Pirat part~xhich eaid ~larraut~? d~eed sha11 contain
a Standard mortgage ass~unptian clause ~herebythe i~$~.;p~tai~'~~ethe Second
pari assumes ttie eadsting mortgage balsnca unde~r the said mortgage.The
party of the aecond part sha11 also have full r3gbt of prepa~rmeut in
~rhole or fn part sub3ect on~y to ar~r conditivas as ~y be set out in th~
said mortgage deed.
3.In the event that it should became necessary to instituts legal pro-
ceedings to foreclose or otherWise enYorce this contract~the paz-ty of
the second part hereby agrees to p~y all costs ~such action~incltding
a eeasonable attorneryt's fee.
~J ~
FCCEIVEQ =~f ~ 1R PAYINEKT OF TAXE$
~~F Uy CLASS 'C INfAHGiBLE PER90NAL PROPERIY~
F ~ t~SilAiii TO CHAPTER 20724. ACTS OF 1943i
f~~GER POITRAS, Clerk Cirait Cwir~ j
~s Ager~ for CURTIS N. 1AME~ i
St T~ 0 R s~~+ '
~ G~ BQaK 174 PACf ~J~7lJ SOOK PAGE
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