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HomeMy WebLinkAbout2227 , 215885 n c~' ' ,~c.wCEMENT iOR OEED 11AMC0 FORM 2J ~ / ~ r ~c es o reemen ~ ~ ~ .lludc Ih~a ~ ~ dny oj ~OCk4t August ~ i~~ fhc ycar o/ our I.o~d, a~r (housand ~iine hundr~d and seventy-one ~~IU~fI CI~ LORETTA HACKNEY, a single adult t ~ part y o/ thr firsf purf, u~~d L. B. OWEN and FRANCES H. aWEN, his wife part ies o/ thP sP~o~id parl. ~l~Qth, 7'hat i/ fh~• suid parlies o/ thP sPCOnd parf sha/! ~rs~ m~kP Ih~• paymrrifa and p~r/orm fhP ~oue~?anfs herPin~/ter nunliuned on their purt lo bP madP ai~d per/orme~t. Ihe suid J~urty o/ !hr ~rsl parf hPreby couP~~anl s a~id agret s ta conuPy and ussur~ to the suid ~x~rt ~,e3 u/ ihP sPCO~td ~xtrt, their h~irs, rxP~~ttora, adme~tistralora or ussrgns, iri /eP si~np/P. rlrur o/ u/1 iiir~unb~a?rrPS u~hateuer, by a guod und su/Jlcie»t dPed. thP lvt . prPCP or jxrrrPl o~ land, siluufed rri the Cuunty o~ St. LuCie . SIuIP o/ Florida knourn and deseribed us /ollows, to-wit: All of Block N, AMENDED PLAT OF AETNA PARK, as per plat thereof recorded in the public records of St. Lucie County, Florida. and the said parties of the second part hereby covenant and agree to pay to the said party of the first part the swn of Five T'housand Eight Hundred ($5,800.00) Dollars at the execution of this Agreement, the receipt of which is hereby acknowledged, and the further sum of Thirteen Thousand Seven Hundred ($13,700.00) Dollars, with interest at the rate of 7-3/496 per annum, to First Federal Savings & Loan Association, in the manner following: the sum of One Hundred Twent ' .0 Dollars r mon h mn ncin S te r 1 1971 d n lst day of each month thereafter until fully paid. ~Each installment shall first be applied in payment of the interest and then on the unpaid balance of the principal sum. Privilege is granted to the parties of the second part to pay one or more installments at ~ an time without penalty; ~ • uird to pay all h~xrs. ass~•ssnunts ~ or impusifions Ihut may be IPyully leui~d or impused upon said lund s~ibsPquerit to the yPar ; 1970 , and to ke~p lh~ bi~ildings upo~e said pr~mi:Pa ~ insiirPd in som~ ~omparry satis/uctory to the part o/ tht /'irst parf, a~~d payubl~ /or the partt~s. rrspe~tiuPly us /h~ir i~rferests may appear, in a sum not (esi than Dollars d~~rrng tlir l~rm u/ thia ugrrPmPnl. And rre ~•ase u/ /uilttr~ o/ fh~ suiJ Jwrlies oJ th~ sr~ond parl lu makr u~ry u/ thr Ex~ymrnts ur uny purl ihPrPOj: ur to per/vrm Rny o/ Ih~ rour~~ants uu their ~ rxrrl h~r~by mudr u~id ~~rtPrtd intu, this ~o~ifruct shall, at fht opfio~t o/ lhe purty u/ Ihr frst purt, br jurJPrtrd crnd l~rini~iuled, a~id fht par[ ies u/ tlie :r~u?rd pur! shull /orJrif ull Jx~ym~nlx made 6y them o?i thrs contract; and such paymrnls shall 6~ ntai~ied by the said parl y o/ th~ /irst parf in /u!( satisja~tion aud liquidation v/ al/ damagts 6y her sttsfainPd, and s thP sui~l ~irl y u/ the ~rst parf shall haut fhP right lo re-r~iMr and takt poss~ssion o/ thc ~?rrmises ufor~said withou~ bPin~ liable tu any acfion lhtrt/o~. ~t ~S ~t~y ~9~~ by and brfuxtr~ lhe parli~s h~r~fo, fhut the tim~ oj ~aclr pny?nrn( shall b~ an rssPUlial parl o/ fhis cuntruct, and (1+~f u/! coutnanfs and agrttmtnts h~r~in co~tlained - shuN Pa~ttird lo a~~d br obligalory upoit tht heirs, trt~uturi, adminislralors nnd assigns o/ thP rr- ; ~ spr~fivt purtirs. ' ~ ~ ~n ~t11~ ~[~[V~~ The Ewrfirs fo ll~~se pr~s~nls haue htrP~u~to s~l lh~ir hands u~id seals ' w ~ Ihr dny aud yrar ~rst a6ove u?rilt~n. ~ . Sig~ird. S~uiFd u~~d DPliu~r~d i~r Prestnce o/: ~ . ~ - ~ ~ . - - _ -"."re~ta- I~acltiii~y_"_ . ~ ~j _ . ~ /'~..et._tC L l. _ ~'?,c-~-c----- ~ ---r--- _ - - • - - - ~ - L : ~ ~ ~ - - - ' ~ ~ ~'Ydtl*I ~ "H ~ ~ ~ ; , ~ ~ \ ` o r,..~ - . - ~ 1h~3 IRS'-:~r,:qt P~e¢tr~d Qr /7rr~ lu~~nu~~rul prc f+~in~( by: ~ v~ttt~s ~..~ti~ : : , . .,~,~:G, ~ R 195 P~~E~~25 Y. ~ r . . ~ 60QK - ~-r~ t:.~.°. P;....~~ ,.3~^"J - _ - s'~~< ~ s~ ~,=;h ' y r+"Y . h -