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HomeMy WebLinkAbout0418 ~ ~ ~ ~ tIlEO AyQ tiECOR E ~ 2(~4515 st. wci~ cuu~tr ROGER POITRA= CtERK CtitCUIT COilRt RECOR~ VERIFIEO.....,~~ ARTICLES OF AGREEI~iENT - Page 2. 1 E8 ~ I i2 os PM ~l I eompany or companies acceptable to First Parties, the policy or policies to be held by, and payable to Firat Parties, and in the event any sum of money payable by virtue of said insurance, Firat Parties shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to Second Party for any surplus. Second Party also agrees to pay aIl costs, charges and expenses, lawyer's fees and title searches reasonably incurred or paid by First Parties be~ause of the failure of Second Party to promptly and fully comply with all conditions and covenants in this agreement. In the event Second Party fails to pay when due, any taxes, assessments, insurance premiums or other sums of money payable by virtue of this agreement, First Parties may pay the same without waiving or affecting their option to foreclose this agreement, arul all such payments shall bear interest from date thereof at the highest lawful rate then allowed by the laws of the State of Florida. If any swn of money referred to be not gromptly paid within thirty (30) days next after the same becomes due, or if each and every agreement, stipulation, condition and covenant of this agreement is not fully performed, complied with and abided by, then the entire unpaid balance of this agreement shall forth- with and thereafte=, at the option of First Parties, become due and payable and the estate hereby created in Second Party shall cease, terminate and be null and void. Furtherraore, this agree- ment shall, at the option of First Farties, be forEeited and terminated, and Second Party shall forfeit all payments made by her on this contract, and such payments sha11 be retained by First Parties in full satisfaction and liquidation of all damages by . the~a sustained, and First Partiea shall have the right to re-enter ~~w or~~c~s WILLEB, BITTAN ~ WILLE8 o. .ox a~ 190 . 417. roRT rriRCS. r~oRia~ sss~o . . ~ ~.~,~.r~_ _ ~ - - . ~ . > ..~~a.~--~,.~'~x