HomeMy WebLinkAbout1246 ~ • ~ IN P11rMEMT~~f~
~ ~ 'C' INIINIGI~IE ~R~~ ' Y
I. ~ p1~R~lANi TO C1W~ 7l•1~• ~S ~ 1~I'11. ( U
/I . V GIICWT~001~~1~~~WCIb C0. ~ ~"v.l'~r'F.?
G~K
ARTICLB OF AGREEMBNT
MADS thia Sth day of June , A. D. 29~2, bet~een
MAJOR EXCAVATINC COINPANI', INC., a FLorida Corporattion, party
of tha firat part and L. B. LAWSON 6'E~OLA M. LANSON, hia rai ff
part iesof tha asoortd part, 209 Amy Lane, Ft. Piar~e, Ftorida
Jd I 2' N E S S 8 T~f
TsAT if the aaid partties of the aecond part ahatl first
~nak• the paymente and perform ths oovenanta hereinafter mentioned,
on thair part to bQ made and psrformed, the said party of the
firet part Hsreby covQnanta and agrssa to convey and assure to the
aai.d parties of th~ ascond part, thQir heirs, executora, ad~ninis-
trator• or asatigns, in fea aimpts, ataar of alt encu,nbranaes, by
~ good and suffieient Daed, tha~tot, piece or parceZ of Zand, situ-
ated in the County of SL. Lucie, State of Ftorida, knocan and
deearibad aa fo Z Zor~B:
Lot 4, Block 1, Cresn Aeres Unit II S/D
St. Lucie County, Florida
and tha said part of th~ aeoond part hereby covenant and agree
to pay to ths party of the firet part the sum of fifty-seven hundred
ninety- zve dotlare(s 5795.00 I, r~ith interest from date at the
rate o~ • eight ( 8 z) per annum as foZ Zor~s :
Six hundred ninety-nine doZtars
(S 699.00 I upon the signing
of thie Agreement, the recetipt ~ahereof is hereby acknor~tedged, and
the ha Zance as fo Z Zor~a : forty-nine do t Zctrs and
ninety-five cents ~
(S 49.95 1 per month on ;
the Ist day of each Month thereafter, beginning ~uly 1, 1972 , ~
19 , untiZ the r~hoZe be futty paid. ~
Eaoh ingtatlmertt ahalt firet be apptied on the payment of interest
and then on ths unpaid batancs of the principat sum.
~On, any instalZmenta r~hich are ~te~t paid rvithin seven ( 7) day8
'~~?o?n due date, it is optionat r~ith party of the first part to charge
~ `part ies of the second part u five dollar ~~5.00 1
pi~nalt~~ charge on the Zate payment.
~,ScYi~d partLeB of the second part hereby covenant and agree to pay atl
taxea, assessments or imposition8 that may be Zegatty Zevtied or
imposed on said Zand subsequertt to the year 1971. Second part
atso agree to pay att costs, charges and expenses, Zarayer's fees and
titte searchea, reasonabty incurred or puid by the first party
' because of the faiture of eecond par~ to promptty and futly comply i
I ~aith att conditione and covenante in this Agreement. In the event
second part ies fai Z to pay, r~hen dus, any ta.zsa, assessments, or
othsr euma of monQy payabZe by virtue of this Agreement, first party 3
~ may pay salne mtthout maiving or affscting their opti.on to forectose ~
i thie Ayreemertt, and aZZ such paymsnt8 shatt bear interest from date =
there~f at tht higheat ratQ thsn atto~ed by the Laras of the State of ?
Flarida. `
;
If any sum of money herein referred to be not promptty paid ~
rvtith~in thirty t 301 days ne~ct after the 8ame beeomes due, or if ~
c,aeh and every one of the agresr~ents, atiputations, conditions and ~ ~
eovenants of thia Agreement are not futty performed, con~plied ~ith -
and abided by,~then the entire unpaid batance of this Agreement shaZl ~
~fortk~aith and thereafter, at the option of the first party, beeome ?
due and payabZe and the eatate hereby areated in 8econd partiea ,
ahatt cease, terminats, and be nutt and void. Furthern~ore, this
; Agreement shcr.~,t, at the option of the party of the first part, be
~ forfeited and ter~ninatid, and tha parties of the seeond part ehaZt
" forfait att p.~ma~ete made b~ thQ~n on this Contraet; and su~h payments
ahall be rstained `by ~ths~ie~~d party of the first part in futt
3
i
;
i 80~~20s PAGE1243 '
. : _ _ ~
. ~