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w ST~AT ~°F F L O F~ I U A . Ot~ ON GASS 'C INTAf1Gt8~ e P~c~.~;,u Pec,~~n
~ ~ DOCUMENTAo~ STAMP TAX ~ ~ ~l•~' »l. ~"0
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P.B~ ~+o~ - A RTI CLE OF ACRES~lEA1T
NADB this 8I day of Januar~ , A.D. 197l, b~t~s~n
MAJOR SXCAYATIpG COMPAAI, INC., a Ftorida Corporation, party
of th~ f~rat part and Pa~t~. and Dors~h~a L. Donatdaori, htia vi,~~
part'~ea of th~ asoond part, 108 An~~ Lans, Ft. Pisros, Ftorida
W I T 1V E S S 8' T B
TNAT if thQ said part~~a of the escond part shatt ftirat
~ak• ths pay~sr~ta and psrform tha covenants hsrsinaftar n?antion~d,
on th~ir part to b~ ~nads and psrformad, ths aaid party of the
firet part hsrsby covananta and agress to oonvey and asaurs to ~h~
said partisa of ths ssoond part, thair h~irs, ~sscutors, adr~in~a-
• ~rators or assi.gna, in fsQ 8i~npt~, ctQar of att sn~umbranc~a, by
h good and sufficient DQed, ths Zot, pisas or parost of Zand, ai~~c-
atad in the County of St. Luoie, State of FZorsda, kno~n and
describsd as fottows: -
Lot S, Blook 2, Crssri Acrea Un~tt II S/D ~
. Sa~.nt Luois County, FZorida
and the aaid part~Qa of ths second part hereby covenant and agrse
tq pay to the party of the firat part ths aum of fi,~'ty-asv~n hundrtd
ntinsty-fivs dolZarq~$ 5795.00 r~ith interest from date at ths
rate o~ tight ( 8 x) psr annum as fotto~as: Sis hundr~d
and ninety-ntine doZtara 698.00 1 upon the signing
~ of this Agreement, the receipt r~hereof is hereby ackno~atedged, and
the baZance as foZto~s: Forty nins dottara
and nin~ty-~{vQ canta rs 49.S,b J per month on
the ~irat day of eaeh month thereafter, begznning March 1, ,
19 unttit the a~hote be fuZZy paid.
Each instattment $hatt firat be apptied on the payment of intereat
' a+c~i then on the unpaid baZance of the principat 8u~n.
On c~t,y instaZZments ~ahich are ~ta~ paid r~ithin saven ( 7 1 days
, froin siue date, it is optionat r~ith party of the first part to eharge
, p~cr~~a of the second part a fivs dotlara f S 5.00 1
' ;.~ertatty~` eharge on the Zate payment.
Sa~id~part ZB8 of the sscond part hereby covenant and agree to pay aZZ
,,,,`,#~cea, assessments or impositions that may be Zsgat ty Zevzed or
amposed on said Zand aub8equent to the year 19 ~I. Second part
atso agree to pay att costs, charges and expenees, Zamyer•a fese and
titte aearches, reasonabtr~ incurred or paid by the ftirst party
because of the faiZure of aecond part to pronrptty and futly oompty
raith aZl aonditions and aovsnants in this Agresme~t~. In ths sv~nt
eecond part ies fai Z to pay, mhen d~a, arey tuaesa, assess~ants, or
other s wns of rxonsy payable by v~rtue of this Agreement, first party
n~ay pay aanre r~{thout waiving or affscting thsir option to forsctoss
thie Agree~rent, and aZl su~h payn?ents shaZZ bear interest fronr date
~~~~hereof at thQ highest rata then attor~~ed by the Lar~s of the Stats of
F~~orida.
If any sun~ of n?oney herein referred to be not promptZy paid
- r~{thsn ~h~trty f 30 J days ne=t after the sc~ne becomes dua, or ~f
- sach and svery ons of ths agrsementa, atipulationa, ~onditions and
, aov_~~iants of this Agrssment are not fuZty performsd, ~onrptisd ~tith
axd,~~abided by, ~then ths sntire unpaid batanae of this Ag~eemant ahatt
parthr~ith and thereafter, at the option of ths first party, bsoo~o
~'ue and payabZs and ths estat6 h~reb~ created in seaond part ,
shalt caasa, terminate, and be nutt and void. Purth~rn~ore, thia
~ Agra~msnt ehaZt, at ths option of the partb of th~ f~rat part, b~
' forfeitsd and tsr,ninat~d, and the part {~a of tha ssaond part ~hat1
~ forfatit aZl paymsnts ~ade by tham o» th~s Corctra~t; and auah paymsnte
~ shaZZ be retainsd by th~ eaid party of thc first part in fuZZ
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