HomeMy WebLinkAbout0505 Zll2(~:~~) ~
•~.Qt~YIN~ h~q O1~0 RAMCO FOAM Z~
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r ~c es o ree~nen
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.llu~lr Ih+x 29th da~ u/ Dec~mber
i~~ thr ~r~~r u/ ou~ l.urd, o~i~ fhousaud nint handrtd and seventy
~~Il WILLIAM A. TAYIAR and LAUREL M. TAYIAR, his vife
pnrt iea oj lh~ flrst ~x~rl, a~~d
RICHaRD L. MC GRAW and MARGARET EtrII~fA MC GRAi~1, his ~+ife
South Avenue, Ft.Pierce, Fla. ~kirl ies o/ Ih~• sr~•e?nd ~~rl,
~~11~J[`1,~ 7'hctf i/ thr suid parl i~s Ihr src•u~ul purf shull /irsl niukr !h~• ~,ay~~is•~~/s and
-~xr/orm tht cou~r~curts h~r~i~~a/ltr m~ntiule~d ul~ their Nur1 1o br madr ai~d per/ar~nt.d. Ih~
said pur! ie3 0/ Ihr ~irsf ~rf hrr~by c~n~u~~nf crittl a~)rrP tv ~ouury und ussur~ tu fht sttid
pc~rtie3 u/ Ih~ stcund pctrl, their htirs. ~•x~•~utors. admi~irstrafor•s ur c~ssi,qnx, i~e
simp/~, clrur oJ alf inrumbMncts rohatturr, hy a guud tu~d su/Jicicat dPrd, Ihr lut or, pircr
or Jxur~l o/ /and. sifitufrd in lh~ (:uuitty o/ S~ ~ I~ucie . Sluf~ o/
Florida known and describ~d a: /ollows. to-u~it:
Lot 16, Block 8, TUCI~i T~RRACE,.per plat thereof on file in
Plat Book 4, Page 54, public records of $t. Lucie County, Florida.
That the Second Parties have the right at all times during this contract, to
prep~v the same by p~ying all the sums in excess of those which me~y be .
required to pay the first mortgage on the property and upon the pqyment of
the said sums in excess of the same, and assumption of the said first mortgag ,
the second parties shall have the right to a deed from the firsL parties.
urid tht said part ies o/ tl~e s~rond part here6y couti~ant and agr~e fo pa~/ Iv (he sard
part ies o/ the /~rst part the surn o/ TEN THOUSAND and RO/100--------------____~ollart.
i» Iht maiiner /o~towing : ~'jQ0.00 this date paid, receipt of which is hereby acknoWledg d;
~0.00 Por the payments paid by the Pirst p 970e8saidthe erst mortgagee on
ptember 25, October 25, and November 25, p~ym nts being made to the clos ng
sad vill pa~y ~100.00 per month beginning Js~uary 15, 1971, end on the same d~y of eac
moath thereafter until all sums shall have ~een ~1~11ypaid; thepurc
hasers shall have
the right of preps~vment in ~rhole or in part and shall.bave the right ~o pqy off the ( ver)
' ~uith inl~rrsl at lht rctte u/ six p~r cenii~m p~r annum. Exiyuble ~nthly, calculated
n,u~unl/y wi the u~hol~ sum r~maining /rum Iim~ lo tim~ uupaid; und lo pay all lax~s, ass~ss~tunh
~ or impusitions that may be l~gally leui~d or intposed trpon said tu~~d substquent lo the y~ar
~ 1q71 , a?id to ke~p th~ buildi,~gs i~pon said pnmi:~s
i~isured in som~ company safis/uctory to the part ies o/ th~ ~rsf part, and payable f~r iht parties,
r~sptctiv~ly as th~ir i~tteresls may appear. in a sum not Iess ~han . the maximum insurable value
~
~ during fh~ f~rm v/ (his agrrtm~nt. a?rd iie ~crse u/ /uili~re o/ fle~ suid part ies oj th~ sP~oi~d pnrl
to rnukt nr~g o/ lht pnymtnls vr u?:y purl lh~rto/. ur lo p~r/orm a~iy o/ the rove~~~r~ts un their
~ parf h~r~by madt a~td t~~t~rtd tnto, this ~orifnrct shn!!, at tht opfio~i o/ tht ~x~rti~s u/ IItP ~rst
~ part, bt /or/Eit~d and itrminuted. and fh~ parl ies o~ the sPCO~id par[ ahul/ /or/Pil ull Nayments
~nadt 6y th~ on this conlract; a~td sttch paymer~/s ahufl be r~taii:ed 6y the ~raid part ies
o/ th~ first parl iu~l'~~~r/~tR2~~~td liquidatio~i o/ ~damages by ~hem susfained, and
~ th~ said pnrt ies o/ th~ ~rs~ part shatt haue rh~ right to rP-rnftr and take potsession o/ the
pr~misrs a/or~iQid without b~ing 1ia61t lu a~~y aetio~~ lherefor.
by a~td betw~tn !hP parlrPS hPrefo, thut thP tirr~p o/ e~uch ~ymPiit
shall be aR tsstretial part o/ this cu~etract. and that al! couenanls and agr~eme~tts hereiii contai~i~d
shall trttnd to and bt ~bligalory upon th~ heirs, ~r~cutors, admi~~istralors a~id assigt~s a/ thr re-
spectiut parti~s. .
' The parti~s to thrst pnsPn~s haut herei~nto sel their hands pnd seals
~ th~ day and ytar ~rst aboo~ mrit[~n.
~•Sign~d, S~al~d a~id Dtliutrtd in 1'r~sence o/: ~
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