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FR 71 • 3y ~tiil P1~ppER/y
,-,+'o: ~ ~ ~ A RTI CLB pF ACREEMSNT ~~C ~lqqHr~~ AW~~ is ~ 1~?~~. •
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NADB this t9th~ay of Deeemt~e:~ , A. D. 19 ~~y bst~ean
MAJOR SXCAVATIIYC COMPAlVI, IAC. , a FZorida Corporation, party
of the firat part ctnd Terr~s~:ce Lavern Mitts &~ictoria F. Mit ~s, his ~ife
par~ ie8 of ths second part,
S ~-i2acozt~
W I T N E S S S T 8 Pv~-~'~- / F~~~
TBAT tif the eatid parties of the aecond part ehatl ,first
mak~ the payn~anta and parform the covestants hereinafter men~ioned,
on thair part to bs ~nads and performed, the aaid party of the
firat part htrsby oovQnants and agrss8 to aonvey and asaure to th~e
aaid parties of ths sseond part, thQir heirs, executora, ad~ninis-
tratora or asai~na, in fes stimpts, clectr of alt encumbrance~, ~y
t~ good and aufficient Deed, the Zot, piece or parcet of tand, stitu-
ated in the County of St. Lucie, State of Ftarida, knor~n and
des~ribed as fol to~a:
Lot 4, Btock Z, Unit III o; Greenaeres subdivision as reccrded
in Ptatt Book Z6, Page 28, or the PubZic Records of St. Lucie
County, Florida
and the aaid parties of the seeond part hereby covenant and aqree -
to pay to the party of the firat part the sum of Fifty-seven nuncired
r~nd ninet~-five----~~ 5795.00 ~ith interest from date at tHe
rate of ei.ght ( 8 x) per annum as fot to~us:
Fift~+ dotZars-------------------- (S 50•00 ) upon the signing
of this Agre~meret, the receipt whereof is hereby a~knou~tedged, and
I~ the baZance as fottowa: Forty-nine doZZars (549.00) on or be~ore
f Janua~y Z, Z9~3. Anc; Fortu-Yine doZtars and 95;"Z0~
~ 49.35 ~ per nrorcth on
the Ist day of each month thereafter, beginning February Z, ,
19 ~3, untti Z the ~ho Ze be fu Z Zy paid.
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Each inatat lnrent ahaZZ first be appZisd on the payment of interest
~ and then un the unpaid baZance of the principat sum.
;
~__..1f ~ On any instal tmenta r~hich are ~tot paid raithin Seven ( 7) days
~aSI o from due date, it is optionat r~ith party of the first part to charge
~~d t~t parties of the second part a Five Dottar (S 5.00 )
~ penqtty charge on the Zate paymerct.
Said parties of the second part hereby covenant and agree~to pay att
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~ taxes, asses8ments or impoaitions that may be Zegat Zy Zevied or
Q;~ ~ imposed on said Zand subsequent to the year 1972. Second part
~.UZ;> m atso agree to pay aZZ costs, eharges and e~penses, Zar~yer's fees a~id
f"~E~ ~ titte searches, reusonably ineurred or paid by the first party
Q~;~~~i~ N because of the failure of socond parties to promptty and futty compty
~-~'fa ~~ith aZl conditions and eovgnants in thtis Agreement. In the event
~~Il~'a~i~il~t~1 second parties fui Z to pay, ~hen due, any tazse, assessments, or
~ 1~ O other sum8 of money payabte by virtue of this Agreement, first party
- may pay same ~ithout r~aiving or affecting their option to foreclose
NT ~~JCIf ~his Agreement, and al-Z sueh payments shaZZ bear inter~st from date
couMtr thereof at th~ hi.ghest rata then altoraed by the La~s of the State of
~ FZorida.
` - If any sun? of money herein referred to be not promptly paid
~ ~uithin thirty ! 301 days next after the same becomes due, or if
~ each ared every one of the agreements, stiputatiane, conditions ar.d
; covenants of this Agreement are not futty performed, compZied ruith
; and abided b~,~then the entirs unpaid baZance of this Agrgement shatl
f forthmzth and thereafter, at the option of the first party, become
~ due and payabte and the estctte hereby erea~ed in se~ond part ,
~ shatt cease, tern~inate, and be nutt and void. Furthermore, this
~ Agreement shaZt, at the vption of the party of the first part, be
i forfeited and terminatod, and the part ieS of the second part ahatt
' forfeit aZt paymenta made by the~n on tAtis Contract; and such paymenta
~ shalt be retained by the eai.d party of the first part in fuZZ
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. . Ba~2~i ~ 616 ~vg~R
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