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HomeMy WebLinkAbout0987 ~ , r~ iMIS 1liSTRUIatENT NN1$ ?RCPAREO SVc 21~~)U3 133 SOUTH 2Y0 S1 EEl1,s•fORi~PfERCE,tFt/1. 33450 ARTICLES OF AGREEMENT 9~ - THIS AGREEM~NT made and entered into this~_day of June, 1971 by and between EDMUND M. RADKE and DORIS M. RADKE, his wife hereinafter called the parties of the first part and SUSIE FAISON, whose mailing address is: . , rJ . ~ p ~ Fort Pierce, Florida, hereinafter called the party of the second part. WITNESSETH That if the said party of the second part shall first make the payments and perform the covenants hereinafter menrioned on her part to be made and performed, the said parties of the first part hereby covenant and agree ta convey and assure to the said party of the second j part, and her hzirs, executors, administrators, or assigns, in fee simple, by a good and sufficient deed, the following described proper.ty, together with all improver:ter~ts thereon lving, being and situate in St. Lucie County ~ ~ lorida to-wit: ` S i~ t~ F F- L U k t t~ ta The East 42 feet of Lot 21 and the Wes* ~ t- UCC~;±•.C~lTF:~~s r~::j~ r: x 18 feet of Lot 22, of DUKE'S SUBDIVISION, _,,~,Zi.~i r~'Q = according to the Plat thereof recorded in ~ ~ ~ 's ;w I Q= Plat Book 9, Page 34 of the Public Records p[ii.Cf Ri/f~GF~tis».. = Of St. Lucie COUIIt}', Florida. pB.iv~s~c and the parties of the second part hereby covenants and agree to pay to the said parties of the first part, as consideration therefor the sum of SEV EN THOUSAND FOUR HUNDRED SIXTEEN & 28/l0~th DOLLARS. ($7, 416. 28) in the manner following: ; There shall be paid the sum of $100.00 cash at the time of the execution herear, the receipt w~ereof is hereby acknowledged. The then remaining balance of - $7, 316. 28 shall be paid in weekly installments of $20. 00 each. The first such weekly installment shall be due on 4~ the 26th day of June, 1971 and subsequent payments shall . . be due on the same day of each succeeding week thereafter ~ i~ ~ until the whole sum named, plus interest, has been paid in , f u l l. E ac h suc h mon t h ly paymen t s h a l l b e a p p l i e d f i r s t t o ~ Y ~ 4~ interest and xhen to the unpaid principal balance, with in- ~ i~~~ terest from th+~ date hereof at the rate of Eight Percent (8~) ~ per annum on the unpaid balance. Two or mor~ payments - ~ may be made at any tir:~e by the party of the second part . ~ x x . Z.. ~ x~~ on any installment due date without penalt,y~ but the making ~ of such additional payments dues not extend the date of the ~ o ~ ~ next due paytnent. - g : ~ - O~ ~ ~ w ru*_ g J ~ ~ ~ ~ R 193 98S : 8UJ1~ 4