HomeMy WebLinkAbout0562 245~83
OPTION
THIS OPTION, ~rantEd this f
ly day of Janu~ry,
1973, by WAYNE U. SINES and M1~UDE M. SINES, his wife, of
1008 ~eaway Drive, Ft. Pierce, Florida, hereinafter re-
ferred to as "Optionors", to W. E. WA;,KER, of Rt. l, Box
96, Ft. Pierce, Florida, hereinafter referred to as the
"Gptionee".
1. GRANT OF OPTIC?N. In consincration of the
sum of One Thousan Dol ars ($1,000.00) paid by the
Optionee to the Optionors, receipt of which is hereby
acknowledged, Optionors hereby qrant to Optionee the
exclusive option to purchase the following described
property in St. Lucie County, Florida:
That certain land conveye~ by Ft. Pierce
Properties, Inc., to Opti.onors_by wa~ranty
deed datcd June 14 1953, recorded June 17,
1953, in Deed Book 182 ~t page 573; LESS
AND EXCEPT the following three parcels:
A. That certain parcel conveyed by the
Optionors to Ha~~ard Greenwell, Jr., and
Romina D. Greenwell, his wife, dated
February 1, 1955, recorded February 3,
1956, in Deed Book 210 at page 198;~
B. That certain parcel conveyed by the
Optionors to Hugh Stitt and E~ma Stitt, his
wife, by warranty deed dated November 26,
1957, recorded December 2, 1957, in Deed
Book 233 at page 394;
C. That certain parcel conveyed by the
Optionors to Elmer Book and E~eanor Baok,
his wife, by warranty deed dated.l~I~vember
j 26, 1957, recorded December 2, 1957, in
f Deed Book 233 at page 39.5; all recording
~ references being to the public records of _
St. Lucie County, Florida.
2. EXPIRATION DATE. This option shall expire at
5:00 P.M. on the 20th day of February, 1973.
3. PURCHASE PRICE. The total purchase price to
be paid by Optionee, if this option is exercised, shall
be EIGKTY FOUR THOUSAND DOLLARS ($84,000.00) payable as
follows:
A. Local cashier's check on closing
and delivery of deed (or such greater
or lesser amounts as may be necessary
to complete payment of the pur~;hase
price after credits, adjustments,
~ and pro-rations) $23,700.00
_ B. The balance of $60,300.00 shal~
~ be evidenced by a promissory note
~ secured by a purchase money mortgage
in the usual form. Said gro;nissory note
~hall be payable in six (6) semi-annual
equal installments of $10,050.00 each
~ together with ~nterest on the unpaid
~ balance,/ the first payment of which
at thE rate of 7$ per annum,
;;;i; ir.str~rrer,t was prepared by ~
Robe~t Ni. Uoyd of
; ;;~lil GRIF~I;~ 1~cfRlES & LLOYO
iza-a s~o. Tad SUeet ~.X~ 1P,~t~ A" r, ~~J
F~~t Pierce, F{orid~ ~~''K
?r~ NEILI. ORIF/IN JEFIRIES i LLOYO ~ ~
CNANT[NEO
P n:~Oll 1210. ?ORT D/iAGE. ~\ORIQA ~)~90 • tE?EPi~f~NE 11~»1 ~wa-P?C~O
. _ _ - _ _ ' . . _ . _ _ .
~ ~ - . W...,.3~-s!
~ ~ :
r
_ _ . , ~ ? yt'if .=~'zc. . '