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Articlee of Agre~~~lt,~i•1~d~~~~33064 ~ S T N• day of p PRi ~ ~
in the bear of our Lord one thousand• nine hundred and seventy two
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BCtWE~ri JOHANNA GNUTZMANN ~
E~IK L o~' the ~lrst pa,rt, and
KENNETH L. YEAKEL and ROSALIE Y E, his wife,
par~ of the sBCOna part, Z a
Witnesseth~, ~hat if the sccid pa~rtrJ of the second pdrt shall f~rst rr~ake the M~
payr~unts and perlorm the covenants hereznafter men~ioned on hia par~~ to be m,ade
a~r.d performed, - the sacid pa,~ty of th~e ~rst part hereby covenants arad ct~'re~es to ~
convey and assure to the said party of the second pa.~t, in fee simple, clear of all
rncumbrances whatever, by a~ood and su~cient deed, the lot , piece , or parcel ,
of ground situated in the County of St. Lucie , State of Florida,
I known and described as follows, to-wit:
~ Lot 26, Block 28? of PORT ST. LUCIE, SECTTON 1, according to the Plat
thereof as recorded in Plat Book li, at Page S3, of the Public Records of
~ St. Lucie County, Florida. , ~s.-
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ccnd the sccid party of the second part hereby covenants and a rees tv pay to the sa.id
par~j of the flrst part the su~n of ONE THOUSAND SEVEN ~UNDRED FIFTY
and No/100 ($1, 750. 00) - - - - - - - - - - - ndlars, in the manner followin~
$925.00 upon the execution of this Ag~Eeement and the balance of $825.00 in
four (4) semi annual payments of ~2U6.25.
~ Possession of the property shall be retained by the Seller until the Purchase
Price is paid in full and Warranty Deed delivered, Seller to pay all real
property taxes until delivery of Warranty Deed.
Title insurance to be provided by Seller.
tvith interest at the rate ofeight (8) per centum, per annum paJable Semi
annually on the whole su»L remaining from time to time unpaid; ~j~~
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.~nd i,n ca~se of fdilure of ~th~ sacid party of the 8ccond pa,rt to make either o the p~-
~n~ents or any pa,rt thereof, or to perforna any of the eovena~nts on his pcart hereb~ m,cu~
a~d entered into, Jais contmct ahu~ll, a,t the option of ~he pa.r~y of the first part, be fo~
feited acna~ ter~nirca,ted, and the pcirty of the second pacrt sha.ll forfeit a,ll payrnents ma.c~e
hi~n on t~his contrac~; and sueh, payments shall be retu.ined by ~he said pcarty of the flrst
pczrt in full sa,Lisfaction and liquid,cttion of acll dam~ct3se~-by hirri sustained, dnd-SCrcid
pa.rty of the first part sha~ll laac»e the rz~'ht to r~enter and take possession of the pre~rz-
ises aforesaid without bein~ liable to any a,ction ~herefore, and u,t the option of the
pa~ty of the nrat part the unpacid ba?.lc~nce ah,a,ll witlwut dem,cznd become due and
pa.yacble, a~nd all costs and expenses of collection of said rnoneys by foreclosure or oth,er-
wise, includin~ soli,citor's fees, shall be pai~ by tlie partr~ of the gecond part, ctnd the
sanie ana hereb~ aecured.
It Is Mutually Agreed~ by and between the parties hereto, that the time
oj paJment shall be an essential part of this cont~act, and that alt covenants and
a~ree~nents herein contained shall extend to and be obligatory upon the heirs,
executors, administrators and asaigns oj the respeetive parties.
In Witne88 ~ereof, Th.e parties to these presents haz~e hereunto set
their hands and seals the day and year first above written.
Signed, Sealed and Delivered in P~eeencepf;
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