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DA1E ~ C~~ Pa~~t1t~S 4t1?,
~c~~, ~s• ~u~c+E a0~' ~tRTICGB' OF ACREBNBHT ~
NADB thtia 3 day of January , A. D. 19~3, betr~ea>s
AlAJOR SXCAVATIpC C0IVPANi, IAC., c~ Ftorida Corporation, party
of ~he firat part and Ratph~ W. Jacob Jr. und Sandra S. Jacob, i:is ~ife
part ies o,~ ths eacond part, ~~,y
YZTNSSSSTB x~- P..cu.t~-~Fta-
TBAT if ths aaid part of the ascond part ahatt firat
~ctk• th~ pay~nsnta and ptrform ths covsnarcte hereinafter mentioned,
on thai r part to b~ ~nnde and psrfor~nad, :he said party of the
ftirat part h~~sby cov~na~cta and agrs~a to convey and asaurs to the
$aid part of thQ eecond part, thair heira, executors, adminia-
~tratoNe or aeaigna, in f~Q ei.mpZs, atsar of alt encunrbrctncea, by
~ good and s~fftiaient Daed, tha Zot,~pisae or parcet of Zand, situ-
ated in ths County of St. Lucis, State of Ftorida, kno~an and
deseribsd as foZto~$:
Lot 8, Btoek 3 0;' Unit iII Green Aares Subdivision
Ptatt Book 15, Page 28
and th~ eaid part ies of ths aeeond part hereby covenant and agree
to pay to ths party of ths firat part the sum af Fifty-trao hrcndred
and nznety-six ---(5~296.00 1, taith interest from date at thE
rate of eight f g~J per annum as foltor~s:
Nine hundred and rtinety-nine ~s 999.00 1 upon the signing
o,f thia Agreemen~, the receipt rvhereof is hereby acknoratedged, and
the balance ae fol Zor~e:
i Forty-nine doZtars and ninety-five cents
(S 49•9~ 1 per month on
the first day of eaeh manth thsreafter, beginning February Z ~
18 73 , until the r~hote be futly paid.
Each inatatlment shatl ftirat be applied on the payment of interest
, P.~~. and then on tha unpaid batance of the principat sum.
? On any ~nstatlmsnta ~hieh are ebt paid ~ithin seven [ ? ) days
'~a rom d~e date it is o tianat u~i.th art o' the zrst art to char e
f , P p y X f P 9
o part ies~f ~he seeond part a ; ive dottar S.GG 1
(~:i !~t ~ penatty charge on the Zate gaymeret.
y~j„ ~ ~~Said part ies of the aecond part hereby_ covenant and agree to pay alt
1~ tu~ces, assessmenta or impositions that may be Zegalty Zevied or
~ p~~~ w imgosed on said znd subaequent to the year 19 73 Second part x~$
~a!~ atao agree to pay att cosxa, charges and expenses, taruyer's fees and
z~y v title searchea, reaso~abty incurred c!r paid by the first par.ty
~"~f~ ~ becuuee of the failure of second part ies to promptZy and fuZZy compZy
~~~o~~~~« ~ith alt conditiona and eov6nante in this Agreement. In the event
~°'"pt4 seeond parties fait to pay, ~hen due, any tuass, assesaments, or
IJ~b'~;;~~l111~ other 8wne of money payctbte by virtue of this Agreement, first party
! h L 1 D p "tay pay sa.~+e ~ithout maiving ar affecting their option to foreclose
' this Agreement, and att such paynrente shatt bear interest from date
:~.ti: ?uciE thereof at th: highest rata then at Zowed by the La~s of the State of
"''''~t~ . Florida.
If any sunr of money her~in referred to be not promptly paid
r~ithin sixty ( 64 day~ next after the same beeomea due, or if
ea~h and every one of the agreements, stiputations, conditions and
covenants of this Agreement cre not futty performed, comptied r~ith
and abided by, then the entire unpaid batanae of this Agreemer~t shaZZ
, fartht~ith and thereafter, at the option of ~he first party, be~ome
due and p:~~able and the estate hereby areated ir. 8eaond part ,
shatZ eease, ~erminate, and be nuZt and void. Furthermore, this
~ A~reQment ahatl, at the option of the party of the first part, be
forfsited and terminat~c:, and ths part of the second par~ aitatl
- forfeit aZZ pa~ments made by tha~n o» this Contract; and such puyments
ahatt be retained by the"aaid party of the firat part in futt
SO~f ~ F~GF ~1„~ !1 ~I I
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