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HomeMy WebLinkAbout0134 1NIS INS1Rlt~.1EN1 WAS PREPARED 8Y i , ROYCE R. LEWIS, Attorney at lsw , 133 SO.iTH 3N0 STREET. FORT ?IEiCE. FU. »/IO z 0 6 3 4 A ARTICLES OF AGREEM~NT , ~ THIS AGREEMENT made and ~ntered into this~_day ; ' of March, 1971 by and between LEONA COOK, a widow, hereinafter i ~ called the party of the first part, and WILLIAM J. STRONG and RUBY S. ~ STRONG, his wife, whose mailing address is: /Po~7~ I. ,~ox ~iF µ~f ` Fort Pierce, Florida, hereinafter ~ ' called the parties of the second part, ; ~ WITNESSETH ' That if the said parties of the second part shall first . , make the payments and perform the covenants hereinafter mentioned on . , their part to be made and performed, the party of the first part hereby ~ ; ~ covenants and agrees to convey and assure to the said parties of the N second part, their heirs, executors, administrators or assigns, in fee W at ffi~ mple, by a. good and sufficient deed, the following described property, ~ ~ ~ ~f ~ing and being situate in St. Lucie County, Florida, to-wit: ~ ~ '~N ~ ~ Lot 20, of HILLVIEW SUBDIVISION, being c~~ a part of the N 2 of N 2 of the SW-'~ and the Q~°` ~ W~ South 730 feet of the SW 4 of NW 4 all in ; - Section 21, Township 34 South, Range 40 'i ~~e Eas t, lying b e t ween U. S. Hig hway No. 1 ! ~ g and State Road No. 605, as recorded in F J Plat Book 8, Page 52, of the Public Records ~ E ~ ~ ; ~ s~~~~ ~ o f St. Lucie Coun ty, F lori da; Excep ring t here- ~ from all rights of way for public roads. ; ~ ~ and the parties of the second part hereby covenant and agree to pay to . ; ~ ~ the said party of the first part, as conside~ation therefor the sum of ~ ~ TWO THOUSAND SIX HUNDRED FIFTY AND NO/100 DOLLARS ($2, 650. 00) ~ in the mannerrfollowing: ~ - ~ There shall be paid the sum of $500.00 cash ~ and first party aclrnowledges rereipt~ such ~ cash payment. 1fie then unpaid balance of _ : $2, 150. 00 shall be paid in monthly installments ~ of $30.00 per month. The first such monthly 5~ - ~ - :j ~ `1' installment shall be due on the 18th da y of A pril, i z~ 1971 and the cash sum of $30. 00 shall be paid on ~ ;;'y~ ~ the same day of each succeeding month thereafter ~ ; ~%1; until the whole sum named of $2, 150. 00, plus ~ ':``;~;I : interest has been paid in full. Each such monthly payment shall be applied first on interest and . ~ V ~3 ~ J~ then on principal with interest from date at the F~ L~= rate of 7~ per anoum on the unpaid balance. ~ ';l~i,ii;nwo 'I~vo or more pa ymeTrts ma y be made at an y time ~ by the parties of the second part on any install- ~ ~ ?..,~~;~p~ , ment due date, but the making of any such addit- ~ = ~ "~s ional payments shall not defer the next due regular ~ ~ ~ payment. ~ ~oo~ 191 l~3 - ~ _ _ ~ s_