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HomeMy WebLinkAbout0364 ARTICLES OF A~GREEMffi~iT 2U~J~i3 This Agreement, made this 9th day of October, 1970, ~ between CIAUD~ H. COMBS and LOUISB L. COMBS, his wife, herein- ; after called "FIRST PARTIES" and 8. DAVID MESKS and MARY S. MSEKS, his wife, 113 Hialeah, Fort Pierce, Florida, hereinafter called "SSCOND PARTIES", W I T N E S S E T H: T'hat if Second Parties shall first make the payments and perform the covenants hereinafter mentioned on their part ~ to be made and performed, First Parties hereby covenant and ' aqree to convey and assure to Second Parties, their heirs, exe- cutors, administrators, or assiqns, in fee simple, free from all encwabrances, by a good and sufficient warranty deed, the following described property situate in St. Lucie County, Florida: Lot 5, Block 4; SOUTHERI~T VI~.i~t ADDITION, as per glat thereof on file in Plat Book 9, page 44, _ ~ of the public records of St. Lucie Oounty, Flo=ida. 'i Second Parties hereby covenant and agree to pay First Parties - ; I the sum of SEVENTEEN TIiOUSAND DOLLARS ($17,000.00) with interest i ~ at the rate of 9% per annum as follows: ~ $3,000.00 on or before the signing of this agree- ment, receipt whereof is hereby acknowledged; $126.00 per month beginning the lst day of Noveiaber, 1970, and $126.00 on the lst day of each month o~_~ a,; thereafter untii the whole be fully paid; ° ~ s all fi=st be a lied on the - o d~ Each installment h pp PaY ment of interest, taxes and insurance and then on 4 q the unpaid balance of the principal sum. The m~nthly installments will remain at $126.00 per month unless ~ taxes or insurance cause the payments to fluctuate ~ up~rard or dowrnaard from their present level, and ~ ~ both parties hereto aqree that if such fluctuation ~ . occurs, the nronthly payments will be adjusted ac- ~ oordinqly. Furthermore, if payments are not received ~ by the 7th of the month when due, a penalty charge of ~ $6.30 will be made. In addition, if payments are not LAW OFPICE! WILLES, BI7TAN Q WILLHS ~ ' P. o. sox so~ ~OGK i1~'iE ~V~ FORT Pt[RGE. FLORIDA 3s400 ' ~ . ~ w ~ . . ~ . - - „,Ma'. ` k~ ' ~ ; ~ . zd . ~~~!~-~"-5'~.a t.k ..,ti.._ < , b~~ .,...?~z"r~e*?F.~