Loading...
HomeMy WebLinkAbout0177 . ~ ~ ~ beginning June 1, 1972. Said balance will not draw interest except that any unpaid principal balances will draw interest at 6% per annum from and af ter same become due and during the time the same shall be past due and unpaid. 3. The second parties will pay taxes on above property - beginning with the year 1972. 4. The second parties agree to permit no labor lien, or mechanic's lien to be placed on above property. It is mutually agreed that this agreement on the part o£ the second parties does not infer any consent on the part of the first parties to do anything which might result in such a lien, as the first parties expressly decline to give consent to any acts by the second parties, which may involve encumbering of above property, or the clouding of the title thereto. ~ S. Upon completion of the payments to be made by the secnfld parties and interest, as agreed, the first parties covenant and agree to convey said real estate to the second parties ~iy proper Warranty Deed, free and clear of aIl Iiens and encumbrances; except as to taxes after 1972, and except I as to such liens and/or encumbrances as may come into existence hereafter through no fault of the first parties, and except as to such liens~and/or encumbrances as the second parties may have imposed or permitted to be imposed on said title. 6. In case of the failure of the second parties, their ~ heirs and assigns, to make either of the payments, or any part j thereof, or to perform any of the covenants on their part f hereby made and entered into, and such failure or default shall continue for a period of more than thirty-one (3Z) days, this Contract, shall at the option of the first parties, their heirs and assigns, be terminated, and a11 amounts paid hereunder shall be the property of such first parties, their heizs and assigns, ~ who shall have the right to re-enter and take possession of the above property, without notice, and without suit or legal pro- ceedings and without being liabZe for any action in connection - therewith; provided, however, that the rights above provided ~ ~ to said first parties shall be cumulative and in addition to other rights which they may have in the premises, and indulgence ; by saH first parties shaZl not be taken or considered as consent; ~ and in the event of a breach of this Contract, the second parties their survivor, heirs, legal representatives and assigns, hereby agree to pay all costs and expenses of colZecting any amounts due hereunder, or otherwise protecting the rights of said first part, their heirs, 2ega1 representatives, and assigns, including ~ a reasonable attorney's feet. And, in the event first parties shall have an option provided above and has not exercised the ~ same, such faiZure to exerciae such option shall not be a waiver nor a bar to later exercise of such option. ~ ' 7. It is mutually agreed by the parties hereto that,the ( ti.me of payment shall be an essential part of this Contract, and that all covenants and agreeffients herein shall extend to and be obligatory upon the survivors, heirs and assignes of the respecti e ~ ~!iARLE6 E. BECHT E1 ~ • ^.~YEY ~t l~A ~ ~ ~ __C~E COUMTv t~~~biNG ~ _ ~ 2~ soa sw U R 203 P~W. '~ERCE. FLOqIDA j I BOOK 3~130 • i)OS/ I~1_)OSO ~t . t~ ~ V ` f ~ ~ _ s . g Y ~ ~ ~~"~.~'-~.~'~-~e a?~ ~i?~`~~'~..h.t.";'krs' - ~ ~ ~