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Home My WebLink About1224 S E oF ~ ORIDA~ OOCU N?AR~ IAMP ~A X f ~ ~j~, S' ~N ry~~~ pF ~ y' UEPt. O~ ENUE . ~ ~ DUE ON CU1SS'C' INTAN61~lE PENSOIIAL rMME~1Y. o x: ~ 0 7. 8 5 t n~r to aw~E4H n•is~. ~a aF isa.~,,< < ~ ~~~QZ ~ ~fJ~ a~ac ancuR oouRT, sr. t~ o~. Eu? U 2;38161 ARTICLE OF ACREEMBNT MAD~ this 7th day of February , A. D. 2972, bet~een MAJOR EXCAVATINC COMPANY, INC., a Ftorida Corporation, party of the first part and LESSIE PAFFORD, JR. and GI~NEVA G. PAFFORD, his xife, part o f the second part, 214 Deanna Lane, Fort Pierce, Flarida, W I T N E S S E T 9 TNAT if the said part~es of the aecond part shatt first ~naks the paymenta and perform the ~ovenants hereinafter mentioned, on their part to be made and performed, the aaid party of the :ftir$t part hereby covenants and agrees to convey and asaure to the said part~~s of the second part, their heire, executors, adminis- tra~pre or assigns, in fee simpte, ctear of atl encumbrances, by ~r~good and aufficient Deed, the Zot, piece or parcet of Zand, situ- . ated in the County of St. Lucie, State of Ftorida, knorvn and deser~bed as fotto~s: ~ Lot 8~ Block 4, Green Acres~ Unit 3 S~D St. Lucie County~ Florida and the aaid parties of the sr:cond part hereby covenant and agree to pay to the party of th~ first part the sunr of sixty-txo hundred ninety-five f S 6295.00 1, r~ith in,terest from date at the rate of eight 8X~;per .ttn~eirin as fotto~us: Nine hundred ninety-nine l S 999.00 1 upon the signing of this Rgreement, the receipt r~hereof is hereby acknor~tedged, and the ba Zance as fo Z Zor~s : forty-n~ne ninety-five ( S49 .95. 1 per month on the first day of each month thereafter, begznning July , 1972 , unti l the mhote be fu Z Zy paid. Each instaZlment shatt first be applied on the payment of interest and then on the unpaid balance of the principal sum. Ort any instat lmenta r~hzch are »ot paid rvi.thin seven ( 7J days frqnr due date, it is optional ~uith party of the first part to charge pa~~ies of the second part a five dollar (S5.00 ~ ~gha~~ charge on the Zate payn+ent. • ~ ~ i . ~;,~y'• :3c~~td part~es of the second part hereby covenant and agree to pay aZZ ~ ~.tuses, assessments or impositiorts that may be Zegatty Zevied or .~~•i~posed on said Zand subsequent to the year 19?1. Second part ~~~'~~atso agree ta pay aZZ costs, charges and expenses, Za~yer's fees and title searchea, reasonabtu incurred or paid by the first party because of the faiture of second par~eS to promptZy and fully compty r~ith aZl conditions and covenants in this Agreement. In the event second parties fait to pay, r~hen due, any tasss, assessments, or other sums of money payabte by virtue of thtis Agreement, firet party may pay same r~ithout r~aiving or affeeting their option to forectose ~this Agreement, and att such paymente shatt bear interest from date 'thereof at the highest rate then altar~ed by the Larvs of the State of FZ.orida. I f any sum o f money herein re ferred to be not prompt Zy paid . ~if~~t~in thirty ( 301 days next after the same becomes due, or if ~~S~ac`h ~Cnd every one of the agreements, atiputatians, conditions and cqvenctnts of this Agreement are not fulty performed, complied r~ith ~y,'ay1c~,-a~iided by, then the entire unpctid batance of this Agreement ehatl 5 ~orth~ith ctnd thereafter, at the option of the first party, become due arcd payabte and the eetute hereby created in second pctrt ies , shatt cease, terminate, and be null and void. Furthermore, this Agreement 8halt, at the option of the party of the firat part, be forfeited and terminatad, and the~parLies of the second part ahalZ forfeit aZZ payments made by them on this Contract; and such pay?nents shall be retained by the eaid party of the first part in fult BOOK ~Vi1 PACf ~z~,1 ~~~.~-.~-~~~3.. ° ~ _ ~ :