HomeMy WebLinkAbout1228 . . . . +mc~~ a~ r~war a n~x
A oF F O R I D A 1 oa o» aas rr +Mr~ e~~ n,~n,
DOCUME~ITARY , tAMP tn ~ ldl~MMi l~p q~tfe ~t p~ iy~i,
' tiEP~. Of REIIENaif ~ ~OrEi R IOITI~S .
~ ~ ~ ~ . : 0 T. 6 5 t ~ ~ ~ n. waE ao~, 2~38163
, =,~~o: I ARTICLB OF AGRI~SNBNT ~
NADl~ thtis 8th day of May , A. D. 19 ~2, bet~een
MAJOR EXCAVATIAG COPIPANI, IHC., a Ftortida Corporattion, party
of ths firat part a»d MICHAEL A. SUPINA ~ SAELIA SUPINA, his rai fe
parties of the aeoond part,203 Deanna Lane, Ft. Pierce, Ftorida.
W I T N E S S B T B
THAT i.f the aatid parttie8 of ths eecond part ehatt first
~naks ths payMents and perforrrt ths aovenante hereZnafter mentioned,
on thstir part to bs ncade and performed, the aaid party of the
firat part hsreby aovQnanta and cgrssa to convey and assure to the
~aid par~ies of the asaond part, thatir heirs, exeQUtora, adminia-
tratora or aesigns, in fQe stimpts, ctear of aZZ encumbran~es, by
a go'od and eufficisnt Dsed, tha Zot, piece or paraeZ of Zand, situ-
- ated in the County of St. Lu~ie, State of Ftorida, knoe~n ared
. descrzbsd as foZlo~e:
. Lot 2, Btock 2, Greenacres Unit Three S/D
St. Lucie County, Ftorida
and ths eaid parties of the asoond part hereby covenant and agree
to pay to the party of the firet part the sum offifty-severe hundred
ninety-five dottar~$ 5995.•00 r~ith interest from date at the
rate of eight ( 8x) per ann~+r as follorvs:
~ v~ i~., -
Si~c hundred ninety-nine dottars (5699.00 ) upon the signing
of this Agree~nent, the receipt r~hereof is hereby acknoraledged, and
the batance as folto~s:
forty-nine dottars ninety-five cents (549.95 1 per month on
the first day of each fionth thsreafter, beginning Juty 1, ,
19 ~2 , unti Z the ~ho Ze be fu Z Zy paid.
Each instaltment ahatl first be appZied on the payment of interest
and therc on the unpaid batan~e of the principal sum.
-`O"rt any instatlments r~hich are nbt paid r~ithin seven 1 days
,{from~'~iue date, it is optionat r~ith party of the first part to charge
~arttrsa of the second part a five doZtar (55.00 )
; ..pena'lx~ charge on the late payment.
.s ~
~~.~.Sai.d.parties of the second part hereby covenant and agree to pay att
' taxes; assessments or impositiona that may be ZsgaZty Zevied or
imposed on said land subsequent to the year 19~1. Second parties
dlao agree to pay aZl costs, charges and expenses, Zar~yer's fees and
ti~Ze searchea, reasonably incurred or paid by the first party
because of the faiture of second parties to promptly and fulty compty
r~ith aZl conditiona and covenants in thtis Agreement. In the event
second parties fai Z to pay, ~hen dus, any ta.~as, assessmente, or
other aums of money payabte by virtue of this Agreement, first party
muy pay aame u~ithout r~aiving or affecting their option to forectose
this Agreement, and att euch paymenta shatt bear interest from date
thereof at th~ highest rata then atlor~ed by the Lar~s of the State of
Florida. ~
, If any sum of money herein referred to be not promptty paid
~~ithin~thirty (30 ) daya nex t after the same becomes due, or if
~ ~a~h ~tnd every one of the agreements, attiputatians, conditions and
`cq~vercartts of this Agreement are not futty performed, complied ~ith ~
~ a~cd ab{ded by, tAen the entire unpaid batance of this Agreement shaZt
•~``j"or~hmith and thereafter, at the option of the firat party, be~ome
~ue and payable and the estute hsreby ~reated in eeeond parties ,
ahaZZ cease, terminate, and be null and void. Furthermore, this
Agreement BhalZ, at the option of the party of the firat part, be
forfeited and termtinat~d, and the parties of the second part ahatt
~ forfeit at Z pa~menta made by thsn~ on this Contract; and such pay?nents
ahalt be retatined bb the aaid party of the firat part in futt
t
BO~K~Us PAGf1225
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