HomeMy WebLinkAbout2891 ~X~,~ ~i~ ~92U3 ~ ~ I
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.~~1'~tjp~ Af .A~rPpll~ri~.. ~~atule ~iia . 10 th ~ty o
f Ma r ch,
in the year of owr Lord one thou,8and ~ine hundred and seventy, ~
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sll /~~n: Md.1/+wd. 4N ww "+wN' ~A~11 ~wclyd~ ~11 fAr wan 4r+iw QwcnMd j/ wa~
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~~tUpPri WALTER RAY JONES and E. RUTH JONES, his wife
party of the ~rst' part, mnd
DONALD O. SELIS and ,F,~'ORENCE SELLS, his wife,
~ D l~ ~ i1~. 7~~~ ~.-~r-u G- • Pa~J of the second pa~rt,
~~~p~$e~, tluLt if the said~ part~ of the second part .41u~11 ~trst makP thP
~ payments dnd perfornz the covenar~ts hereinafter mentioned on his pccrt to be made
and performed, the said party of the flrst part herPby ~ovenants and a~re,es to
corevey and atssure to th.e sctid party of ~ite second part, i~a feP simple, clear of a1l
ineumbranees whatever, by ac ~'ood and sufjtcierat dped, thP l~t , piec~ , or pa~~cel ,
of ~round situcated in the County of St. Lucie ,.St~t~ nf Flnri~la. _
known and descrilaed ccs follows, to-wit: ~
Lot 22, Block C, located in Harmony Heights Section of Ft. Pierce, `
Florida, consistin~gof a 2 bedroom cement block and stucco house, being I
located at 2008 North
4~lth St. , wikh all furniture, fixtures and equipment
located in said house to be included,
ctnd the said party of the second pdrt hereby coaenants and a~ee.c to pay to the sai~
p[Lrty of the flrst pcLrt the sum of Seven Thousand One Hundred Seventy-Five and
No/100(~7, 125. 00) ~~'s, in t.h,e rrtanner following
i
Payment of Six Hundred (~600. 00j Dollars, in cash, to Sellers, parties of the f
first part, a~sumption ~f First Mortgage held by First Federal Savings and Loan
Association of Fort Fierce, Florida, in approximate principal balance of
$4, 812. 43, and assumption of Second Mortgage held by Joel Langdon, Jensen
Beach, Florida, in the approximate principal ba1 ance of $1, ?62. 57
with interest act the rate of 6- 3/4 yo per cert tum, per dnnum pctyable monthly
~ on the whole sum remctining from time to time unpaid; and to ~rxay all `
' tarxes, assessments or impositions that macy be le~'dlly levied, or imposed upon. said ~
; lcand subsequent to the year 1969 , and to keep the buildinga
; upon saeid premises insured in some eompaeny scctisficetorr~ to thP parrty of the ~rst
E pc~'t in cr su~n not less tha-n Seven Thousand One Hundred 7~iventy-Five and
,
E N o / 100 (~7, 125. 00) - - - - - - - - - - - - - - - - - Dolla~rs durinr¢ the term of this a~eement.
` .Elnd in case of failure of the said pccrty of th,e second part to ma~ce either of the pay-
~ m,ents or any part thereof, or to perfornt any of the covenants on his part hereby made
~ and entered into, his contract shall, dt the option of the ~rty of the flrst part, be fori
; feited dnd termirrated, and the pcarty of the second part shall forfeit all payments m,acde
on thi,~ eontract; and such payments shall be retained by the said party of the flrst
~ part in fult satisfaction and liquidation of all damac~es by him 8ustained, and said
~ paerty of the fZrst paTt shall har~e the ri~ht to re-enter and take possessian of the prerr~
~ ises acforesaid withaut bein.¢ liable to any action therefere, and ctt the option of the
3 party of t.he ~rst ~uccrt the unpaid balacnce shalt without demccnd become due dnd
~ payecble, and all eost$ and expenses of colleetion of sacid naoneys by foreelosure or other-
~ wise, ineludin~' solicitor's fees, shaell be paid by the party of the second part, and the
~ sacme cire hereby secz~red.
~ ~s ~uh~il~ ,~~rrr~, by and between the ~varties hereto, that the time
" of pa,yment ahatt be an essentiat purtr of
-this contra,ct, and that cLlt C<`ftt~e~'a~itd
ct~reements herein eontained shall extend to and be obligatory upoiz:: t3t~_;~t'rH;
~ executors, administrators and assigns of the respective ~¢rties. ~ =
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,~tt ~t~tPB~ ~herrnf, The par.rties to these presentR have her.~y~t#tq. ~•t~.,~Itea~:;.=
-
_ hand,s and geals the dciy dnd year first above written. . -
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l3~Sr~, f3eulra uud ~rttutrr~ in }ur~rnre oi: .~,,~c-~ oi~ F~~~,
u `d!~ 'p~'V EXP(RE$' fiE~<•' .
~ ~ ~ ' ~ BO;VDED T RJ FRED r/. D;E/!ftf~p~~, ~
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As to Parties of the Seconc} Part . artiea of the Second Part
: ~~s .
~=T ~ BaoK1$3 FA~E2888
~a .f:;-;~aT- c~_;qL gUPPLY COMPANY
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