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DO_ CUN~_N ARY TAMP TA a' ~
7 i,EPt.l~ RE1tENUE' y' q,E~ d
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5= iio2 I A RTI CLE OF ACREEMENT ;
MADI~ thtis 13th day of March , A. D. 19 72~ bet~een
MAJOR BXCAYATINC COMPANY, IAC., a Ftorida Corporatiorc, party
of ~the ~'irst part and DON D. PARKFR & SANDRA C. PARX~R, hia u~ife
par~ies of the aeaortd part, 202 Amy Lane, Ft. Pieree, FZorida
N I T N E S S E T B ,
THAT if the suid part ie8of the second part shatt first
maks the paymente ctnd perfornr the oovenanta herei.nafter mentioned,
on their part to be made and performed, the said party of the
first part hereby couenanta and agrees to convey and a8sure to the €
satid part ze8 of the eecond part, their heirs, executors, adminis- !
trators or aaaigns, in fee simpZe, clear of alt encunrbranaes, by ~
h good and sufficient Deed, the Zot, piece or parcel of Zand, situ-
ated in the County of St. Lucie, State of Ftorida, knoran and
descrzbed as fottor~s:
Lot 2, Block 4, GREEN ACRES (1NIT II S,~D,
St. Lucie County, FZorida.
cnd the said parties of the second part hereby covenant and agree
to pay to the party of the first part the sum of fifty-seven hundred
ninety-five doZZar~S 5~95. DO . J, r~ith interest from_ date at the
rate of eight ( -8~X): +p~er ~anr~u~:~s fot Zo~us:
Six hundred ninety-nine dotlars _
. (S 699.00 ) upon thE signing
of this Agreement, the receipt ~hereof is hereby acknor~tedged, and
the bct Zance as fo Z Zoras :
Forty-nine doZZars and ninety-five cents
(S 49.95 - ) per month on
the first day of each month thereafter, beginnin,q Aprit 1, ,
19 72, untit the r~hote be futly paid.
l~ach instattment shatt first be apptied on the payment of interest
axc~~then o» the unpaid batance of the principal sum.
On anr~ instatlments ~uhich are not paid rvithin seven ( 7) days
i ro~r c~ue date, it is optionat r~ith parta o;' the first part to charge
~ par~t - of the second part a five dot tar ( S5. 00 )
~$naZty c~:arge on the Zate paympnt.
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Said part iesof the secon~ part hereby covencznt and agree to pay all
ta~ces, assessments or impositions that mau be Zegatty Zevied or
imposed on said Zand sul~sequent to the year I9~1. Second part,ies
atso agree to pau aZZ costs, charges and expenses, Zar~yer's fees and '
ti~le searches, reasonubtu incurred or pai~' by the first party
because of the faiZure of second par~ies to promptly and fulty compty
raith ctZZ conditiona and covenants in this Agreement. In the event £
second parties fait to pay, r~hen due, any tases, assessments, or ~
other sums of nroney payabte by virtue of this Agreement, first party ?
may pay same ~ithout ~uaiving or affecting their option to forectose ~
this Agreement, and att such payments shatt bear interest from date j
thereof at the highest rate then aZlor~ed by the Lar~s of the State of ;
FZorida. ~
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If any sum of money herein referred to be not promptty paid '
.r~ithin thirty (30 ) days next after the same becomes due, or if ~
~4ch arid every one of the agreements, stipuZations, conditions and ;
covenants of this Agreement are not futty performed, ~omptied u~ith ~
and' a"oided by, then the entire unpaid baZance of this Agreement shalZ ~
fort3~~aith and thereafter, at the option of the first party, become ;
.;.due and payahte and the estate hereby created in second parbies , '
shatl cease, terminate, and be nutl and void. Furthermore, this ;
Agreement shatt, at the option of the party of the fi.rst part, be :
forfeited and terminatQd, and the parties of the second part ahatt '
forfeit att payments made by the,n on this Contract; and such payments ;
sha~l be retained by the said party of the first part in futl I
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