HomeMy WebLinkAbout2137 such sum, if any, as may be then due and owing to said Bowen
Brothers, Inc. by virtue of their obligations under this Agreement.
Bowen Brothers, Inc. covenants and agrees as follows:
8. To guarantee payment of the proposed loan of $400,000.00
as hereinabove set forth.
9. To assume full management and control of the above des-
cribed real estate and the citrus grove located thereon; to pay
.
taxes and all bills in connection with the care, cultivation,
fertilization and general good husbandry practices required, and to
receive and account for the proceeds of the sale of all citrus fruit
and mortgage money during the life of this Agreement, such accounting
to be annually as of the lst day of July
10. To plant as promptly as practicable eighty (80) acres of
said real estate in grapefruit trees.
11. To install permanent irrigation on said real estate
should the same become financially practicable within the limits of
income and expenses of the operation of said citrus qrove.
12. Any notices to be given in connection with this Agreement
shall be sent by certified mail to the owners addressed as follows:
D. J. Tzinenatos and Sophie S. Tzimenatos
P. O. Box 2I46 _
Ft. Pierce, Florida 33450
and notices to Bowen Brothers, Inc. shall be sent by certified mail
addressed as follows:
Bowen Brothers, Inc.
P. O. Box 1609 -
Winter Haven, Florida 33E80
IN WITNESS WHEREOF, the owners have set their hands and
seals and Bowen Brothers, Inc. has caused these presents to be ,
signed in its corporate name by its duly authorized Secretary and
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