HomeMy WebLinkAbout0581 F : . 9. ~ y
i C[:.. .:L1:, •C' I~ITAN~iBIE pErPAYMENT Of TJU(ES
51 A~ ~°F v R 1 U A . P• .~_u+~ ~o c?,aPr.e Zoize. ncrs~ PR°v~ttt,
w y, 7nr•r STAMP~
X ti ROGCR PoIIRAS, C~erk Cirtuit ~u~ ~~1.
c, ~ DOCUM~ d.,,..,,,
` r 218949 as ABent for DANIEL N. ~cnow,~s, ~R
~ ~ _ ~o~~~~~ ~ ~ ? 3 5 = sc
- ~ iucie couniy iax (bliector ~v.~
• o = =
~ a.~.M e~~ ~f A RTI CLE OF ACREBN8IVT ~ ~
P.B.~vo„t .
r..
~
~8 Sixth dQ~ o f November , A. D. 1971 , bat~~~nrr ~
MAJOR ~XCAVATIIVG COMPAHI' INC. a Ftorida Corporation, party
of th~ firat part and ~o~en E. ~ittespie and Arlene E. CzZZespie, hie r~ife '
parti68 of th~ eQOOnd part, /o% ~n~ o~~...~ !
~~,t,~, 3~,~ .
fi? I T!Y 8 S S S T E
THAT i.f ths eaid part-Esa of ths sscond part ahatl first
n~ak~ ths pay~nsnta and psrform th~ covanante hsreinaftar nrentiorced,
on thair part to ba nrada and psrfor~n~d, the said party of ths
firat part h~raby oovsnanta and agrsaa to ~onvey and assure to the
said partiss of tha a~cond part, thsir heirs, exacutore, ad~inis-
trcttora or asaigna, in faQ simpZs, cZsar of att encumbrancas, by
tz good and eufficisnt DQed, tha tot, piece or parest of Zand, si~~c-
ated in the County of St. Lucie, State of Ftorida, knor~n and
desdribsd as fotto~a:
Lot S, BZock Z, Greenacres Untit II S/D
St. Luctie County, Ftorida
and the aaid parti.es of the second part hereby covenant an~ agrae
to pay to the party of the first'par.t the eum of forty-nine hundred
ninety-ftive dottar~ S4995.00 1; r~ith intereet from date at the
rate of eight ( 8~1 per annuM as fotto~s:
' Ninety-nine dottars (599.00 1 upon the signing
i of this Agraement, the recetipt ~hsr~of tis hereby acknor~tedged, and
; the balance aa fottor~s: forty-nine doltara and ninety-five cents
i on the Zst day of Dea~mber, 197Z and
forty-nine dottare and ntinety-five cent~S 49.95 1 per month on
~ the fire~ dab of each month tharaaftar, beginning December Zst ,
~ 19~Z , until the ~hote be fulty paid.
_
~
~ Each inatalt~nant ahalt first be apptiad on the payment of tinterest
= and then on ths unpaid balancs of tha princi.paZ sum.
a On any instattments r~hich are not patid ~ithin seven ( 7) days
~ from dus date, it is optionaZ r~ith party of the ~irst part to charge
parties of the second part a five doZZar (S 5.00 1
~ penatty charge on the Zate paymeret. i
~
;
fi Said parties of the second part hereby covenant and agres to pay atl ~
~ taxes, assessments or impositions that may be Zsgatty Zevied or ~
~ imposed on said Zand subaequent to the year 1971. Secored part
~ a tso agree to .pay a t t costs, aharges and expenses, Zar~yer's fees and
~ ti~le aearches, reasonabty incurred or paid by the first party '
~ because of the failure of eecond part to promptly and futty compZy
r~ith atl conditiona and covenanta i~ this AgresmeRt. In the event
~ eecond parties fait to pay, whan dua, any tassa, assesaments, or
othsr eun?a of r~onay payabts by virtuo of this Agreement, first party
_ may pa}~ eame ~ithout ~aiving or affscting their option to forectose
this Agreement, and att suck paymsnta ahatt bear antgrest from date
thereof at thQ highest rata then atlo~ed by the La~e of the State of
Florida.
If any sum of money hsrein rsfarrsd to be not promptly patid
~ithin thirty ( 30 ) days next aftar the same becomes dua, or if
- eaeh and every one of tha agrsa~n~nta, atipulations, conditiona and 3
~ covenants of this Agraemsnt are not futly performed, comptied ~ith ~
= and abided by, then the entire unpaid batanee of this Agreement ahalt ~
- forthc~ith and thereafter, at ths option of ths first party, beoo~ne ~
due and payable and ths estats hsraby areated in aecond partiea , ;
~ shatt csase, terminate, and be nutt a»d void. Furthermors, thia ;
Agreamant shatt, at tha opttion of ths party of the first part, be
forfsit~d and ter,ninat~d, and ths parttiea of tha sevond part thatl ;
j:~ forfait att paymanta n~ade bb th~w on thia Contraat; and such paymente
: ehQbl be r4tainsd by ths aaid party of ths firat part in futt
~
;
afloK 1y7 ~a~E 581 - ~