HomeMy WebLinkAbout0604 ~N w?w~r ~ ~"~s 2~8193 .
ReCEiYED INt11t1Gf8lE PER~'`al 1~'Op~«•
01l LtAS~ T fR 71•lJ~. 11CTS Of 1y11.
~~RS~`~"1 ~ROuER ~11~'S ARTICLE OF ACREEJ~lSNT
CLfllri CIRCUIT COURT. S(. ltlC1E 00, flA
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NADB thia Zpth day of January , A. D. l9 72 vet~een
MAJOR EXC.4YATING CO~IPANY, IlVC., a Florida Ccrporation, party
of the first part a»d g. ~gy~ 214 ARy Lane~ Fort Pierce. Florida,
party af the seeond part,
I T N E S S E T 6
THAT if the said party of the aecond part shatt first
ntakt the payments and perfornr the couenants herainafter mentioned,
on their part to be made and perfor,ned, the eaid party of the
first part hereby cove»ante and agress io convey and as8ure to the
said party of the aecond part, their hetirs, executora, admtinia-
~rators or asaigns, in fee simpte, ctear of att en~umbrances, by
h good and suffi.cient Deed, the Zot, pie~e or pareeZ of Zand, sitti-
ated in the County ~f St. Lucie, State of Ftorida, knor~n and
described as. fot~oe~s:
Lot Block 2, Green Acres~ Unit 3 S~D
St. Lucie County, Florida
as reconded in Plat Book 16, Page 28 of the Pubtia
Tteaorde of St. Lucie C~unty, Ftorida.
and tke said party of the second part hereby covenant and agree
to pay to the party of the first part the sum o~'fifty-seven hundred
ninety-five dollars fS 5795•00 1, r~ith interest from date at the
; rute of ei.ght ~ 8~1 per annum as fot torvs;
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Six hur}dred ninety-nine ollars ~5699,pp J upon the signing
~ of thzs Agreernent, t~e receipt r~hereof is hereby acknorvledged, and
the batance as foZlo~s:
i
forty-nine ninety-five ~~+9 •95 I e r mon th on
°';;'n~ the day af each month thereafter, beginning U'" ~ -
19 72 , unti t the r~hote be fu l ty paid. ~
~ ~o
~ ~ Each instaltment shatt
~ firat be apptied on the payment of interest
4~¢ ~d .and then on the unpaid balance of the principat sum.
~',1.=~~ On any instat Zmerets uthieh are not paid r~ithin seven 1 days
from due date, it is optionaZ ~ith part~ of the first part to eharge
` ~ art o the second art u
~ s.~ ~ P y p five dollar ( ~ 5.(~p 1
~ penatty charge on the Zate payment.
~ a+~
~ W N
Q~~~ ~ ` Said party of the second part hereby covenant and agree to pay att
ttit N tases, assessments or impositions that may be ZegaZ ty Zevied or
impose~l on said Zand subsequent to the ye~r 19 ?l. Second part
.~o'=+:itt~111 aZso agree to pau alt costs, charges and expenses, Zarayer's fees and
titZe sear~hes, reasonaL~u incurred or paid by the first party
! E 1 C 8 0 because o f the fai Zure o f seeond party to prompt Zy and fu Z Zy comp Zy
~~:w~ ~uLjt ~ith atl conditivrts and covenanta in this ~oreement. In the event
couMti second partjr fai Z to pay, rahen due, any tutes, assessments, or
other sums of money payabte by virtue of this Agreement, first party
~ may pay same r~ithout rvctiving or affecting their option to forecZose
i this Agreement, and alt such payments shalt bear interest from dute
; thereof at the highest rate then atlor~ed by the Lar~s of the State of
' Ft~rida.
' - If any sum of money herein referred to be not promptty pctid
i uithin t~~y ( 3p ) days next after the same becomes due, or f
~ each and every oree of the agreements, stipulations, conditions and
~ Covenants of this Agreement are not futty performed, comptied ~ith
and ahided by, then the entire unpaid batance of ~his Agreement shctl
i fort'nr~ith an~ thereafter, at the option of the first party, beaonre
$ due and nayabZe and the eatate hereby ereated in seaond part ,
; shalt cease, terminate, and be nuZt and void. Furthermore, thia
~ Agreement 8hatt, at the option of the party o; the first part, be
~ forfeited and terminatad, and the part of the second part ahatt
; forfeit aZZ payments made by then~ ore this Contract; and sueh puynrenta
shatl be retained by ihe said garty of the first part in fult
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