HomeMy WebLinkAbout0043 1~?RTICLL*S Ol~ AGRSPMSi~IT - Page 2.
An~l Second Partiea hereby covsnant and aqree to Fay First Party
thw aum o f Tin10 THOIASAHD FIVS HV~IDRRD DOLI,~?1tS 2, 5 00. 00 with
interest tro~a dat~ at tho rate ot 696 ~*er annwu, as ~ollows s
$800.~~0 upon the eigning ot th aqrsement, re-
ceipt ~hereo~` ia hereby ackno~r2 t
$50.40 on or b~~ore the lOth day of ~ugu~t, 1971,
and $50.00 on or belore ths lOth day of each month
therea!~ter until paid in lullt
East in~tallment shatl liret b~ applied on tha pay-
ment of intereat and then on Che unpaid balanc~ of
the princiPal swn.
Seeond Partiee hereby covenant and aqrae to pay all
taxe~~ aesegamenta or impositiona that may be laqally lsvied
or i~aposed on said land subsequent t~ the year 1970. Second
Parties also aqree to pay all coste,.charges, expsnssi, law-
yer•s fees and title searches reasonably incurred or paid by
First Party because ot the failure of Sscond Parties to ~romptly
an~i fully coraply wit2s all conditions ar.d covsnante in this
I
i aqre~ent. In the event Secor.~i parties fail to pay when due,
i
; any taxee, asseasments, or other s~ns ot money ~?yable by virtue
of this aqree~ant, First Party may pay the same without waiving
or affectinq he= option to foreclose t2iis aqreasnent, and all
such pa?yments shal2 bear intereat from date thereof at the high-
~st lawful rate then ~llo~ed by the lawa Qt the Stata ot Florida.
If any swn of inoney referred to be not promptty paid
within thirty (30) days next alter the ~~e becomee due, or if
~ each and every 3greernent, stipulation, vondition and oovenaat
~ fl! thfa aqres~ent is not tully girtorm~d; conrplied wfth and a-
~ '
~ bided by, then the entire unpaid ba.ance of thi• ~qr~ement shall
~
~ torthwith and therea~t~r, at ths~ option o~ Fir~t Party, become
~
due and payable and th~ estate hereby created in Second Partios
~
shsll ceaee, tenainat~ and be null andvoid. Furthern~re, thi~
~
~ ~~w ofFices ,
WIILES, BITTAN & WILLES
~ P. o. soz soa ~ R AA
~ FGRT PIERCE. FLORIDA ~.11b0 ~OOM ~V~ ~ •~+V
~
A-
.
~
s,._. - _
~ - - - - - _