HomeMy WebLinkAbout0433 28th Street, Fort Pierce, Florida, or as otherwise
directed fn writing by the Vendors. Prepayment shall be ,
permitted at any time anci trom time zo time with~ut
penalty.
2. 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 as provided in
paraqraph 1(b) above has been paid as specified therein
subject, however, to that certain mortgage more particularly
aescrib~ci in ~idicZyin~a`a ~ (a; ~h~ti~~. -
3. Required documentary stamps shall be placed on the
deed by Vendors.
4. Purchasers shall be permitted to go into possession
of the property covered by this Agreement on the date of
its execution, and shall asswne all liabilities for
insurance, taxes and maintenance from and after that date.
5. The time of payment shall be of the essence and in
the event of any default in payment of the mortgage de-
scribed in paragraph 1(a) above or in the payment of any
part of the sum as provided in 1(b) above as and when it
becomes due, or in the performance of any other obligations
assumed by the Purchasers in this Agreement, and in the
event the default shall continue for a period of fifteen
•(15) days, then the Vendors may consider the whole of the
balance due under paragraph 1(b) as imanediately 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 be-
come null and void. In the event that it is necessary
for the Vendors to enforce this Agreement by foreclosure
proceedings or otherwise, all costs of those proceedings,
including a reasonable attorney's fee, shall be paid by
the Purchasers. ~
-2- ~ 'te~
NEILL ORI/?IN J[~FRIls i 1L01fD
CNARTERED
P. O. ~O% ~270. fONT ME1KE, fIORIDA 33460 - TEtEPMON[ (~OS)464-8200