HomeMy WebLinkAbout0610 IN PA~f1AElIT Of 11?11~
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FURS1W~j t0 C1U?P<<° 71•134. ACTS Gf IYJI.~(Gy
~EQ ~~Tq~~ (I ARTICLI OF AGRE~hI~N~'
ClER1l CIRCUIt CWpt. SI. 13C1! CO.. flA
MAD~ th£8 21 t n day o f Januar:~ , A. D. 19 73, be tWeert
AlAJOR 6XCAVATIHC CONPAN2', IJVC. , a FLorida Corporativn, part~
of ths ftirat pctrt ctnd Emmett L. Fox ar.d R tice fl. Fox, his ?~i re
part ies o f the secand part, y~ ~,~yt~ ~~i`~ S
W I T X E S S F T B .~t . P~~;,t ~ a ` 7.`
TBAT i.f the aatid parties of the aecond part shaZZ first
~nak~e thQ paymsnta and psrform tlee coti~enants hereinafter mentioned,
on their part to bs nrade and performed, the aaid par~y of the
ftirat pQrt hsreby covananta and agreQS to conver~ and assura to the
said parti~as of the aecond part, their heirs, executors, adnrinis-
tratore or asaigns, i~ fse eimpts, cZsar of alt erecumbrances, by
h good and eufficisnt DQed, the Zot, piece or parcel of Zand, situ-
ated in the County of St. Lucie, State of FZorida, knor~n and
describsd as fot Zoa~a :
Lot S, Btock 3, Unit II, Creen Acres Su~i Division, PZat Book 16,
Paoe 17, St. Lucie County
and ~he eaid part of ths 8eaond part hereby covenant and agree
to pay to the party'of the firet part ~He aum of Fifty-seven itundreu
and ninety-fivP 5795.00 r~ith interest fronr date at the
~ rate of eiqht f 8~) per annum as fottorus:
Si~c hurdred ar.d ntinet~j-nir.e do Z Zars
~ fS 699.00 1 upon the signing
, of this Agreemerct, the receipt rahereof is hereby acknor~ledged, and
` the batance as foZtor~s:
~ Fort,~=nine doZZars and nir,etfa-five ce~zts
~ ~ (S 49.95 1 per month on
the Ist duy of each month thereafter, beginning i~arch 1st ,
~ 29 73, urctil the ~hote be futty paid.
t~ 4~ ~ Each inatallment shatl ftirat be ~ppZied on the payment af interest
c~ and then on the unpaid balance of the prin~iFat su~.
; _
i~~~ o On any instatl~rente rvhieh are r~bt paid ~ithin seven ( days
rtr from due date, it is optionat ~ith party of the first pctrt to charge
i..~ • parties of the seeond part a Five do t lar ( S 00 1
~~,,:f t penatty eharge on the Zate paymen~t.
l ~ f '
Said part of the aecond part hereby covenunt and agres tc pay alt
~d~Z ~ taxes, assessments or impositions that may be Zegatly Zevied or
~ 2.~ ~ imposed on said Zand s:~bsequent to the year 19~2. Second part
Q$~j M also agree to pay att costs, ~harges and expenses, Zar~yer •s fees and
_ i_ titte searches, reasonabty incurred or paid by the first party
~ p~~ because of the faiZure of secand part iesto promptty and futty compty
.~c~ ~~tul~sll ~ith alt conditions and ~ovenants in this Agreement. In the event
~ p? t 0 0 gecand partz-es fai Z to pay, r~hen due, any tu~rss, assessments, or
- other sums of money payabte by virtue of this Agreement, first party
;=iNll~cie may pay aame raithout r~aivirg or affecting their option to forecZose
yc~~ r ~his A ree~nent and att sueh ments shctZt bear interest
g , pay fron~ date
thsreof at tha higheet rata then allor~ed by the La~s of the State o;
FZorida.
; ~ If any sum of money herein referred to be not promptZy paid
~ r~ithin tn-irty f 30) days next after the same becomes due, or if
each and every one of the agreementa, a~ipulations, conditions and
! covenants of this Aoreenrent are not futty performed, cornplied r~ith
; and abided by, then the ~ntire unpaid balarcee of this Agreemont shctZZ
` fortht~ith and thereafter, at the o~tion of the first partr,~, become
~ due and payab Ze and the estctte hereby created in second part ies ,
' shaZl cease, terminate, and be nutl and voi.d. Furthermore, thie
' Agreemer.t ehatl, at the option of the party of the fir8t part, be
~ forfeited and terminat~d, artd the parties of the second part ahaZZ
~ ferfeit att payments ~nade by them on this Contract; and such paymerts
~ ahatl be retained by the aaid party of the first part in futt
BOOK~~ P~ ~1~Q .~~~v