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HomeMy WebLinkAbout0425 ~ ~ ~ ~ ~ ~--L-~~-~ ~N bf ~ ~C' INT~~gIE PE ~ ~~]?~y wMSUMa Tu a~~~ n•i~. ~s i~n~, n' `'~.9 ~uREEMENT F~R llEED ~ ~t . Qo1iRi. ST, WC1E CQ. RA ARTICLES OF AGREE;~NT, made this lst day of February A.D. 1973 ~etweer, Franklin A. Harris arid Valerie V. ~ Harris, his wife, parties of the first part and R ~ O OA1 W. R~ AMP X( Douglas C. Bavis and Lucil?e ti. Davis, his wife aE~i. R~11EN1~ . ` ' = M,~~~~ ~ ~ ~parties of the second part, 309 N. 17th Street, =~~~o: + Fort Pierce, FLorida. WITNESSETH that if the parties of the second part shall first make the paymer~ts and perform the covenants hereinafter rrientioned on their part to be made an~ performed, the said parties ef the first part, hereby covenant and agree to convey and assure to the said parties of ~he second part, their heirs, executors, admir%Strators or assigns, in fee simple, clear ~f all encumbrances whatever by a good and sufficient deed to the following describe~ property to-wit: Lot 15, Block l, Amy Anna Park Subdivision as per plat thereof on file in plat book 4, page 72, of the publ~c records of S~. Lucie Count;~, FLorida. and said parties of the ~econd part hereby covenant and agree to pay to the parti~s a~ ~r.e first part, their heirs and assigns at their ' - I office in Fort Pierce, the sum af $5,500.00 in the foilowing manner, ; ~ to-wit: r (1) $500.00 on the signing of this instruraent, receipt of which is . hereby acknowledged. ~ ~ - (2) $65.10 per mon~h interest and principal payment starting on the lst day of March A.D. 1573 and on the ls; day of each and every subsequent month thereafter until the original insta).~ment b~lance e° $5,000.00 is paid in full. The aforesaid interest to be calculated on the unpaid balance due at the rate of 8.OOK per annura. Each ~ installmenr shall be first applied in payment of the interest and ~ ~ then on tY:e unpaid balance of the principal sur~. A la~e penalty of ~ ~ 5~ wi~l be added and collected with any amounts due ar~d payable ~ under this ceritract which have not been paid by the 7tt-~ day of each ~ ~ month, this penalty shall apply to any due ad valorer~i taxes, special a ~ government assessments and fii°e insur~nee which has besn paid by the ~ partiAs of the first part to protect their interest. fiEfusal on the ~ ~ U R ~~1 ~t~~7 ~ ~C~K f"•~' ~ - ~ ~ , _ - - . _ ~ - : - - ` . . _ ~ -y ~ . _ -v-r_, - . . _