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NADI~ this 8th day of June , A.D. 19~2, betraeen
MAJOR EXCAVATIHG COMPANY, INC., a Ftorida Corporation, party
of the ftiret part and ~AMES R. I~ONLFORD 8 JEANNE X. t?OHLFORD, his u~ife
parti68 of ths aacond part, 20~ Metissa Lane, Ft. Pieroe, Ftorida
Y I T A E S S S T B
TBAT if the aatid part iesof ths eecond part shatZ .first
~nak~ the payn~snts and psrforni ths covenante hereinufter n~entioned,
on their part to bs~made and performed, the aaid party of the
first part hsreby covQnanta and a9rses to convey and asaure to the
aaid part iesof tha ascond part, their heirs, executors, adminis-
tratore or asaigns, in feQ ati~npls, ctsar of alt encumbrancee, by
h good and sufficient Dsed, the Zot, pieae or parcet of tand, sitec-
ated in the County of St. Lucie, State o,f Ftorida, knor~n and
descri.bsd as fotlo~a:
a~~x~r~x~s~~xxxxxxxxxxxxxxxxxxxxx
Lot 4, Btock 6, GREENA CRES UNIT THREE S/D
St. Lucie County, Ftorida
artd the aaid partties of Lhs seoond part hereby covenant and agree
to pay to the party of the firet pccrt the eum of fifty-seven hundred
ninety-five doZtctre(~ 5995.00 1, r~ith intereat from date at the
rate of eight f 8 x) per annum as fot Zor~s:
Six hundred ninety-nine dottars (S~S99.00 ) upon the aigning
of thia Agreement, the receipt ~uhereof is hereby acknoratedged, and
the batance as fotlo~8:
Forty nine do Z Zura ared
ninety-five cents (~449.95 ) per fionth on
the first day of each month thereafter, beginning- Juty 1 ,
19 72 , unti Z, the r~hote be fu Z Zy paid.
_Each inatattme~t shaZt first be apptied on the payment of interest
and then on the unpaid batartce of the principaZ sum.
~(Tn any instatlment8 ~hich are rot paid ~vithin Seven f 7J days
.~frQm due date, it is optionat u~ith party of the first part to charge
~ ¢rt ies of the second part a five doZZar (S 5,00 1
`•~p~enqlty charge on the Zate payment.
_
.,.,S~aid. part ies of the aecond part hereby covenant and agree to pay aZt
taxes, assessmente or impositions that may be ZegaZZy Zevied or
impo8ed on said Zand eubsequent to the year 1971 . Second part ies
atso agree to pay aZt costs, charges and expenses, Zarayer's fees and
titZe searehea, reasonabty ineurred or paid by the first party
because of the faiture of second part ies to promptly and fulZy comply
~aith all conditiona and covenante in this Agreement. In the event
seeond part ies fail to pay, ~hen due, any tasas, assessments, or
other aums of money payabte by virtue of this Agreemerct, first party
~nay pay same ~aithout r~aiving or affsoting their option to foreelose
this Agreement, end att eueh payn~enta ahaZZ bear interest from date
thereof at tho higheet ra~a than attor~ed by the La~s of the State of
Florida.
. - If any sun~ of money herein referred to be not promptty paid
within thirty l30) days next after the same becomes due, or if
~eaoh and every one of the agreementa, atiputations, eonditions and
covenante of this Agreement are not futty performed, eomptied r~ith
;.~•and abided by, then the entire unpaid batance of this kgreement shatt
forth~aith and thereafter, .at the optiore of the first party, be~ome
due and payable and the estate hereby areated in second part ies ,
ahatt cease, _terminate, and be nuZZ and void. Furthermore, this
Agreement shalt, at the option of the party of the first part, be
forfeited anc~,,termi.~sqt~d, and the part ze8 of the second part a~att
forfeit atl paym¢nts ~~nad~ $~j them on this Contract; and such payments
s~:att be retained by the said party of the firat part in futt
BORr~.Vi~ ?~CF~,~~
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