HomeMy WebLinkAbout0169 S~ I~ATE oF i= L O F? 1 UA ' r~'~?
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ARTICLB pF AGRSBNSNT ~
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MAD~ thie 3rd day of Pebruar~ , A. D. ?S~8 , bet~ts~n
MAJOR SXCA YATIHG COMPAAy, INC., a Ftorzda Corporation, party
of tbe firat part and WILLIB NAS ROT~FBLDT
par~ of ths saoond part, 220 Aney Lan~, Pt. Ptisrc~, FL 33lSO
V I T H E S S S T B
THAT tif the aatid part y of tha escond part ehaZt firet
~eak~ tha pay~nsnts and perfor~n th~ covsnante hQrsinaftQr n~Q»tzon~d,
on thQir part to ba ~nade and perfor~rsd, the aaid party of ths
firat part hereby oovQ~a»L8 and agrsss to oonvsy and assura to th~
said part b of th~ escond part, th~ir hQirs, ssscutora, adininis-
trators or aesigna, in fse stimpZs, alaar of aZZ snaumbra+scQa, by
h~~t~d an~ su f
ficiant D$ed, tha Zot, ~igee or ~~res Z o f tand, si tx-
atsd in ths County of St. Lucis, State of Ftorida, kno~an and
deacribed as folto~s:
Lot 6, Block 8, GREb'A ACRSS UAIT II S/D
Saint Luci~ Count~/, FZorida
and the said purt y of the second part hereby aovenant and agrse -
to par~ to the party of the firat part the sun? of ftift~/ -atven hundr~d
and nznaty-fivQ doZfliltra $5~95.001, r~ith interest from date at th~ ~
rate of ~ight ( 8 xl per arcnum as fol Zo~a:
Sir hundred ninst~-nzne doZlarB (S 899.00 1 upon the signing
of this Agreement, ths receipt rahereof is hersby aaknor~lsdgsd, and
the batanas as fottor~a:
Forty-nins doltara
and nin~ty-f~EvQ osnta 48. 95 J per fionth on
the firat day of each month thersaftsr, beginning Narch I, ,
19 72 , unti t the r~hote be fu t ty paid.
Each instattment shatt first be apptied ori the payment of interest
and zh~n on ~3~a ur~~~~u ~~Z~r.;,s a; th~ gri±:e~~ai sum.
On any instaZZmerita r~hich are not paid ~ithin savsn ( 7 1 days
from due date, it is optionctl ~aith party of the first part t~ ~harge
part y of the second part u ,~iva dottar 5.00 1
penaZty charge on the Zate paymeret.
, Said part y of the aecond part hereby couenant and agres to pay att
tct~ces, assessments or impositions that muy be Zegal ty Zevied or
~ impoaed on said Zand subsequent to the year ]9 72. Se~ond party
ateo agree to pay att costs, charges and expenses, Zar~yer'a fees and
j titte searches, reasonabl~ ineurred or paid by the first party
E because of- ths faiZure of aecond party to pro~nptZy and futty aompty
~ r~ith att aonditiona and aovenanta in this Agrsement. In tha sv~nt
; aecond part y fait to pay, r~hen dua, any tassa, assesamsnts, or
~ other swna of money pa~abte bb virtus of thia Agrsement, firat party
~ n~ay pay.same ~~thout ~ctiving or affsct~ng their option to foraclos•
~ ~hia Agreement, and aZt suah paymente ahatl beur interest from dats
~ thersof at tha higheat rata ~hen aZlor~ed by the Lar~s of the--State of
Ftorida.
€
~ If any aum of money herein r.eferred to be not promptty paid
F ~ithin #hirty f30 1 days nest aftsr the sams becomes dua, or if
; each an~ every one of the agresmsnt8, stiputationa, conditions and
~ covsrecn~e of this Agreement are not ful ty performad, corrrptisd r~ith
` and ab~~dsd by, thsn the sntire unpaid batan~e of this Agreement shatt
~ fortJtwith.and thereaftsr, at ths option of ths firat party, bsco~nQ
.
~ due and payabtQ and ths estats h~reby oreatsd zn aeoond part ,
~ •ahaZZ ceaa~, ter~rihate, a~d be nutt and void. Furthsr,nor~, thia
s Agre~~re~t ahaZZ, at ths option of ths party of ths f~lrat part, ba
~ forfsit~d and ~er,ninat~d, and ths part~ of ths seaond part ~katt
forf~it alt pay~nents made by ths~ on thia Contraot; and such pabmenta
skaZZ be rstctin~d b~ the aaid party of the firat part in f~ttt
_ ; .
r~~02 ~ 169
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