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HomeMy WebLinkAbout2765 . ~ ~ ~ SI~TE rLUF2tuA ~ t~`JCllMENTA~=`'_ ST:aNSP T~_X . 222381 - ~ ~ - J~N19'7t ~}y,,, = RLCElYfO i_~0 ~ ?N PAY•'J!F'~; Q~ ;A~.6 ~ _ ' ' ~J- 7 9 5 = o~E oN ~ ~~~~~E P~g~:.~:~: °ItJFutir. U ~P~'~~~ _ ARTICLE OF AGREEMENT ~~T TO CHAPTfR 7i•139, ~c~s ix i9~i. ~ ~ ~8. K - ' IIOGER P01 i RltS, Clet? A(plli CoYii~ SC 4id! OD. ~ ~,S . MADB this 18th day of Dsc~mbsr , A. D. 18 7l betu~een - MAJOR EXCAVATIAG COMPANY, , INC., a Florida Corporation, party of the firat part and MARI B. CARBI part ~ of the second part, 2I4 AM~ Lans, Ft. Pisres, FL 33450 Y I T N E S S E T H THAT if the said part~/ of the aecond part shatl first maks the paymenta and perform the covenants hereinafter mentioned, ore their part to be made and performed, ~hs said party of ths first part hereby covenants and agrees to convey and assure to the said part ~ of the aecond part, their heirs, executors, adminis- trators or assigns, in fee simpte, cZear of atl encu~nbrances, by ~c 8ood and sufficient ~eed, the tot, piece or parceZ o; land, sitti- ated in the County of St. Lucie, State of Flor~.da, kno~n and _ described as fotto~s: Lot 8, BZo~k 4, CREBA ACRSS URIT II S/D Saint Lucie County, PZorida. and the said part~ of the second part hereby covenant and agree to pay to the party of the ;irst part the sum ofsixty-t~o hundred ninQty-five doZZara($6295.00 ~ith int~rest from date at the rate of sight ( 8 x) per annum as folloi.~s: Aine hundred ninetr~-x~e~ dottars ($599.00 ) upon the signing of this Agreement, the recei.pt ~hereof tis hereby acknoa~iedged, and ; the batance as foZtor~a: Forty-nine dottars } and ninety-five cents 49. 95 ) per month on the 1st day of each month thereafter, beginninq February 1, , 1P 72 , untiZ the r~hoZe be futty paid. Each instaZZment shatt first be appZied on tice payment of interest and then on the unpaid balance of the principal sum. Jn anu instattments ~uhich are aot Faid ~ithin five ( 5) days ~'rom due date, it is optional ~;ith part:~ or the first part to charge ~ part 3! o;' ti~e second part a five doZZar 5. 00 1 ~ penaZty ~i:arge on the Zate paument. ? Szid part y of the second part hereby cove a t and agree to Fay att ~ tases, assessments or impositions that mau ~e Zegalty Zevied or • impoaed on said Zand subsequent to the uear 19~1. Seeond party ~ ~ atso agree to Fau att costs, charges and espenses, Zar~yer's fees and ~ titte searc"nes, reasonabtu ineurred or pai~' by the first party :c because of the failure of secored p~rty to promptZy and futly eompty ~ ~+th alt conditions and covenants in this Agreement. In the event ~ ~ second part fai Z t~ pay, u~hen dYe, arey tasss, assessments, or - otner sums of money payabte b~; virtue of this Aoreement, first party ~ may pay same r~ithout ~aiving or affecting their option to forectose rY this Agreement, and att such paymenta shaZZ bear interest fronr date ~ thereof ut the highest rat¢ then atlo~ed by the La~s of the State of ~a PZorida. If any sum of money herein re;erred to be not promptty paid - r~itnin thirty t30 ) days next after the same beeomes due, or if ~ e~ch and every one of the agreements, atipuZations, conditiona and _ covenants of this Agreement are not futly performed, complied r~ith and aoided by, then the entire unpaid baZance of this Agreement shalt forthwith and thereafter, at the option of the first party, become due ~nd payabte and the estate hereby ereated in aecond part , ahalt cease, terminate, and be nult and void. Furthermore, thie Agreement shatt, at the option of the party of the firat part, be forfeited and terminatad, and the party of the seeond part shaZZ forjeit atl paymenta made by them on this Contract; and such payments shatt be retained by the 8aid party of the first part ire fuiZ ~ ~iN~ _ _ - - - - _ . .