HomeMy WebLinkAbout0820 Vendors promise and agree to convey the property
above described to Purchasers by good and sufficient
warranty deed when the balance of the purchase price has
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is specifically understood that the warranties of said
deed will not extend to riparian rights.
Required docwaentary stamps shall be placed on the
deed by Vendors. ~
Purchasers shall be permitted to go into possession
of the property covered by this Agreement on the date of
its execution, and shall assume all liabilities for
insurance, taxes and maintenance from and after that date.
The time of payment shall be of the essence and in
the event of any default in payment of any part of the
purchase money as and when it becomes due or in the perfor-
mance of any other obligations assumed by the Purchasers in
this Agreement, and in the event that the default shall
continue for a period of fifteen (15) days, then the Vendors
i
may consider the'whole of the balance due under this Agree-
i
~ ment as i~mnediately due and payable and collectible, or the
Vendors may rescind this Agreement, retaining the cash
~ consideration paid for it as liquidated damages, and this
Agreement then shall become null and void. In the event
that it is necessary for the Vendors to enforce this Agree-
ment by foreclosure proceedings or otherwise, all costs of
those proceedings, including a reasonable attorney's fee,
shall be paid by the Purchasers.
The obligations and benefits under this contract
shall extend to the personal representatives and assigns of
~
the respective parties to it provided, however, that this
Agreement shall not be assignable by the Purchasers without
the exp~essed written consent of the Vendors.
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N[ILL ORI//IN JlFIRIES i LLOrD
CMARTEREO
, P. O~ SOX 1270. iORT YIERCE, ~LORIDA 33460 - T[IEPHOME ~~OS) 464-6200
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