HomeMy WebLinkAbout0606 IN PA~fitElR OF tJ11td ~Gr~~J4 O
RP~EIVfD PERw~ t~Rl`1~ .
~ INtI?NQIBIE ~TS tx 1yll. ~ l~ -
pURSJIINI j0 C11APtFo 71•1'~.
~ ~E~ Pp~ituti ARTICLE OF A~;REBMENT
CLERII CINGtI~t O~aY~ St. l~C1E G0. ~
NAD6 thtis 20th day of January , A. D. I972 , bett~eare 7.tos'
MAJOR EXCAVATIAC COMPANY, INC., a Florida Corporation, party ~
of the ftirst part and t~A~
party of the aeoo»d pa'~~"Y H' ~Y~ 214 ~~?ne, Fo~t Pierce~ Florida,
W I T N E S S E T 8
THAT if the said party of the second part shatt first
mak~ thE payments and perfor~» ths coverean~a here~nafter mentioned,
o~z their part to be made and performed, the said party of the
first part hereoy covenanta and agreea to convey and asaure to the
, said party of the aecond part, their heirs, executors, adminis-
trators or assigne, in fee simpte, cZear of att encumbranaes, by
h good and auffictient Deed, the Zot, pieca or parceZ of Zand, stitx-
ated in the County oj St. Lucie, State of Florida, knorun and -
.described as fotto~s:
Lot Block 4, Green Acre~ S~D Un i t III
St. Luc3e County~ Florida
as recorded in Ptat Book 26, Fage 28
in the Pubtic Reeords of St. Lucie County,
Florida.
and the said party of the second part hereby covenant and agree
to pay to the party o f the firs t part the sum o f fifty-seven hundred
n~.nety-five dollars (S 5?95•~ J, ~ith interest from date at the
rate of eight ~ g x~ per annum as fot to~s:
Six hundred ninzty-nine doll.ars (S69q.00 1 upon the signing
of this Agreen~ent, the reaeipt ~vhereo f is hereby acknor~tedged, artd
the ba Zance as fo Z Zou~a :
ta?
forty-nine ninety-five ($49 .95. ) per mortth on
the first day of each morcth thereafter, begznning ~r~y ,
~ Q~ 1972 , until the ~hole be futty paid.
iQ~ t1t
Each instattment ahatt first be apptie~ on t'ne paL.nent of interest
~
~ ~ and then on the unpui.d_batance of the principat sum.
~
-r ~'Gh' any instattments vhich are »ot paid ~ithin seven 1 days
h fr•om ~ue date, it is optionat ruith nart~ of the first part to eharge
z> ~
}.-~I~ ~ par$r of the second p~rt a five dollar ~~5.00
-t~enaZty c'r.arge on the Zate payment.
' ~ .
V~~
' (nQ~a~~~~~~~~~ .,Said par~ of the second ~art hereby covenant ~and agree to pay aZt
taxes, assessments or impositions that ma~ be ZegaZZy Zevied or
L! 0 Q imposed on said Zand ~ubsequent to the uear 1971. Secorcd part
' iuciE aZsa agree to par. atl costs, charges and expenses, Zaruyer's fees and
covytr titte searcnes, reasonabtu ineurred or paid by the first party
because of the faiture of second part~r to promptZy and fulty compty
~ith atl conditions and covenants in this Agreement. In the event
second part~, fail to pay, r~hen due, any ta.res, assessments, or
other sums of money payabte by virtue of thie Agreement, first party
may pay same rai.thout r~aiving or affe~ting their option to for~ctose
this Agreement, and att suck payments ahalt bear intsrest from dctte
thereo f at the highest rate then alto~ed by the Lar~s of the State of
rlOrida.
- If any sum of money herein referred to be not prompttr~ paid
r~ithi n thirty ! 3G ) days next after the same becames due, ~r i f
~ach.and every one of the agreements, stiputations, corcditions artd
covenants of this Agreement are not futty Ferformed, complied rvith
and abide~ by, then the entire urcpaid balance of t~is Agreement shall
forth~aith and th~~ eafter, at the opt~on of the first par_ty, become
due and payabte and the estate h~reby ereated in seeond par ,
ahall cease, terminate, and be nutl und void. Furthermore,tthis
Aqrsement shaZt, at the option of the party of the first part, be
forfeited ared terminatad, and the part~ of the second part ahatt
forfeit alt payments made by them. on t~is Contract; and such payments
shaZt be retained by ~he aaid party of :ne first part in futt
, ' = 80~~II PACE ~ ~ p'~ ~
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