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Home My WebLink About0614 ~ P" 248~~8 . ~ . R~~ ~C' ~N1~~~ ~~AC~S ~ ~a1 ~ . ~E ON ~U`~ G~lpP~f p 7i,p,~Nl4'' S~J~ ~~KS~µt~Y ~o ~pt,Ea - S~ ~~y~;ti ARTICLE OF ACREEJ~18NT C~~,, ~t :C1f~S ~~Rl. MADS this IJth day of Januar~ , A.D. 29~3, betr~een G.I~ MAJOR EXCAVATING COMPAIYY, INC. , a Ftorida ~'orporation, party of the ftirst part and Bro~:n L. Jvhnson, Sr. a~:d "arthct ~a. Johnson, his parties o f the seoond part, ~ ~D L,i , 2 --c ra- w~n n... ai1n.Q. . W I T N B_S S 8 T 8 P~~c. ~ J= 1~- THAT if the aatid part tEBOf the aecond part shatt first mak~ the paymenta and perform the covenctnts herei.nafter mentioned, on their part ta be made and performed, the said party vf the first part hereby covenants and agreee to convey and assure to the said part:es of the secoKd part, their heirs, executor8, adminis- trators or asaigns, in fee simpZs, cZear of aZZ encumbranaes, by a good and sufficient Deed, the Lot, piece or parcet of Zand, situ- ated in the County of St. Lucie, State of Florida, knor~n and described as fotto~s: Lot 6, B'LOClC 4, Unit III o; Greer. Acres Suddivision of St.Lucie Countu, Ptat BooK 1~, Page 2B and_the said parties of the second part hereby covenant and agree to pay to the party of the first part the sum of Fi;'tu-seven ~undred and niret~-five 5795.00 1, With intereat from date at the , rate of Eig;:t ( 8 xJ per annum as fottor~s: Six nun~red and ninety-nine ciottars (S E~9.C0 1 upon the sign±ng of this Agreement, the receipt ~hereof is hereby acknor~ledged, and the oa Z ance as fo Z Zor~s : ~ FortU-nine doZtars and rinetv-five cents (S 4~,y~ 1 per month o~t ' ~ the first day of eacf~ nonth thereafter, beginning Februaru Z ~ ---~l+- 19 73, until the r~hcte be futly paid. ~ t/'f ~ Each instattme~t shatt first be apptied on the payment of interest 1~ t~ and then on the unpaid batarece of the principat sum. ~a~~ o 1~~~ t~~ On any instaZZments r~hich are not paid r~ithin .Se~?e~: r?) days ~--j ~r . ~ ;'r~m due date, it is ontionat r~ith parta of the fzrst part to charge ' ~ parties of the second par~ a ~'ive dottar Ou ~ ~4 penatty charge on the Zate payment. ~ G ~i,,~ ~~'W " Said part ies of the second part hereby covenant and agree to pay alt ~w;~ ~ taxes, assesEments or impositions that may be ZegaZZy Zevied or a~~` i*~posed en said Zand subsequent to the year 197~ . Second part d~s°. o also agree to pau atl costs, charnes and expenses, Za~yer's fees and ,~~OiW titZe searches, reasonabtu incurred or aid by the first arty 1~o~a;~~uH~~ because of the faiture of second pa~rt ies tv promptly and fuZZy compty z~ L 1 8 0 ~ith aZl conditiona and covenants in this Agreement. In the event : second par~ es fait to pay, ~hen due, any tases, assessments, or __.~iwcie other suma of money payabte by virtue of this Agreement, first party `~~~t~ ~ muy pay same r~ithout r~aiving or affecting their option to forecZose .,this Agre~ment, and all such paymenta ahaZl bear interest from date ~ thereof at the highest rate then aZlor~ed by the Lar~s of the State of Ftorida. F ' - If any sum of money herein referred to be not promptty paid ~ ~ithin ti~irtu l30 ) days next after the same becomea due, or if each and every one of the ag reements, stiputations, conditions and ` covenants of thf-s Agreement are not futty performed, comptied r~ith i and abided by, then L-he entire unpaid batance of this agreement shaZZ ! forthraith ar.d thereafter, at thz option of the first party, beeonre ~ due and payable and the eatate hereby ~reated in second part ies ~ ; shatl cease, t~rminate, and be nutt ctnd void. Furthermore, this ` Agreement ahat~, at the option of the party of the fir8t part, be ! forfeited and terminatad, and the parties of the second part ahatt ! forfeit att payments made by the~n on this Contract; an3 such puyments ! shaZt be retained by the eaid party of the first part irc futi ' b~~z~1 ~ 614 ~ 7a _ _ : - : . _ _ s r . - : _ - :