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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,._. - _ ~ - - - - - _