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HomeMy WebLinkAbout1323 AGREEMENT for DEED . i ARTICLES of AGREEMENT, made this lst day of January, A.D. 1972, between Valerie V. Harris, ~oined by her ~ ~ ; husband Franklin A. Harris, parties of the first part and Gary C. ~ ~ t Jagodzinski and Karen D. Jagodzinski, his wife, 308 S. 25th Street, j i S Fort Pierce, Florida, parties of the second part: WITNESSETH, That if the said parties of the second part shall first make the payments and perform the covenants hereinafter mentioned on their part to be made and performed, the said parties of the first part hereby covenant and agree to convey and assure to the said parties of the second part, their heirs, executors, adminis- ~ trators or assigns, in fee simple, clear of a11 encumbrances what- ; # ever by a good and sufficient deed the following described propert, 4 # 4 t0-W~t. ` Lot 17, Block WEST END ADDITION, as per plat : ~ thereof on file in plat book 2, at page 5, of the } ; > public records of St. Lucie County, Florida. ~ anc~ thP said narties of the second oart hereb~; covenant and agree i to pay to the said parties of the first part. their heirs and assigns, _ r at their office in Fort Pierce, Florida, the sum of $Z5,000.00 in the ~ ~ ~ following manner, to-wit: F a (1) $1,000.00 on the signing of this instrument, receipt of which - ~ ~ is hereby acknowledged. _ t 3 4 'r` ~ ~ (2) $I21.00 per month interest and principal payment on the lst day = ~ ~ ~ of each and every month commencing on the lsr day of February, a ~ ~ A.D. 1972 and continuing until the original installment principal $ ~ > i balance of $14,000.00 is paid in full. The aforesaid interest ~ ~ to be ca"lculated on the unpaid balance due at the rate of 8.4~ ~ ~ ~ ~ _ ~ per annum. Each installment payment shall be first applied in ; ; ~ payment o~ the interest and then on the unpaid balance of the ; ~ ~ principal sum. A late penalty of 5.0~ will be added to.and ~ t i collected with any amount or amounts currently due and payable ~ { under this contract which-have not been paid by the 7th day of ; } ~ each month. This Iate penalty shall apply to any past due ad ; _ ; valorem taxes, special government assessments and firp and ~ windstorm insurance which has been paid by the parties of the ; r~ first Fart to protect their interest. Page 1 of 3. ;rv'' ~ s t . ~ i./-+ ~ -