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Home My WebLink About0618 ~ ll~ES ~tl P*~M ~'~eR``i. 2~2~ ~i ( E~ ly~ 1~1~~ r , 9 ~\lS~~~B ~~t5 ~ ~`'~t.cE ~~r~ ct~'~° ~ eo~~W'S ?E ~ AR~`ICLS OF ACRBENBNT ~ F~.as~~ ~o s`. S G,~ ~ 3 NADB this 10th day of dune , A.D. 19?8, bet~aeare NAJOR SXCAVATIAG COMPAIVI', IRC., a Ftorida Corporation, party of the firat part and JONH W. McDANIELS 6 JUDY A. McDANIELS, his raife partie~ of ths aeaond part, tQ9 Deanna L~ne, Ft. Pier~e, FL ~33450 firl T NBSS~iT B TRAT if the eaid parties of the aecond part ahaZZ first maks the payments and perforr~ the aovs»ants hereinafter mentioned, on their part to be made and psrforn?ed, the eaid pa~rty of the firat part hsre~y covanants und agrsee t~ aonvey and assure to the said Furt ies of ths seaond part, their heirs, erecutor8, adminis- trators or asaigna, in fee simpte, cZear of att encun?brances, by ~ good and aufficient DQed, the tot, piec~ or parcet of Zand, situ- ated in the County of St. Lucie, State of Ftorida, kno~tn and described as folto~s: Lot 5, Btock 2, Green Acres Unit III S/D St. Lucie County, Ftorida as recorded in Ptat Book 16, Page 28 of the PubZic Records of St. Lucie County, Ftorida. and Lhe eaid parties of ths seaond part hereby covenant and agre~ to pay to the party of the firat part the sum of forty-nine hundred ninety-five doZZar~S4395.00 1, raith intsrest from date at the rctte of eight ( 8z) per annum as fotlor~s: one-hundred doZtars (S100.00 ) up~n the signing of this Agreement, the receipt u~hereof is hereby acknor~tedqed, and the batance as foZZG~s: ~ ~ ~'~i~: forty-nine doZZars niseety-five cents (549.95 1 per month on C.~''~ ~ the first day of eaeh month thereafter, beginnin,q Juty I, , ~~~i o 19 72 , unti Z the ~+hoZe be fu Z Zy pai-d. ~ iC~? ~~i Each inataZZ~rent ahatt first be applied on the payment of interest l~ ~ and than on the unpctid balance of the principal sum. ~.1. ~ : f ~ t~ On any instat tmenta ~hich are not paid r~ithin seven f 71 dar~s Q+? ~ fro~ due date, it is optionat ~ith party of the first part to eharge ~ jjj~~ N part~.es of the aecond part a five d~Ztar ~ (S5.00 1 ~.-w~x ~ ~enalty charge on the Zate payment. ~ ` illl ; ~...~±a Said parties of the second part hereby covenartt and agree to pay aZt ~ ~(~~'~tuNf111 taxes, assessmen~s or impo8itiona that may be Zegal ty Zevied or ~ im~oaed on sazd Zand subsequent to the year 19~2. Second part i 1 4 Q atso agree to pay atl costs, charges arcd expenses, Zar~yer's fees arcd i ~ title ss-trches, reasortabZu incurred or paid by the first party ~ ~~~OuMit~E because of the faiture of second part to promptty and fulty compty { ~ith aZt eondtitions and cov~»anta in this Agreement. In the event ~ second parties fait to pay, r~hen due, any taxes, assessments, or ; other aums of money payabte b~ virtu,e of this Agreement, first party ~ may pay sar.re r~ithout r~aiving or affectino their option to foreclose ~ this Agreement, and aZZ such payments ahall 3ear interest from date thereof at tha highest rata then altor~ed by the La~s of the State of Ftorida. - If any sunr of money herein referred to he not promptty paid ~vithin thirty f30 1 days next after the same becomes due, or if each and every one of the agneementa, atipulations, conditions and covenants of this Agreement are no~ futty perforn:ed, compZied ~ith and abided b~, then the entire unpaid batanee of this Agreement shalt forthrvith and thereafter, at the option of the first party, bscome due und payabte astd the estate hereby created in se~ond part , ahall eeuse, ierminctte, and be nuZZ and~void. Furthermore, this ; Agraement ahaZt, at the option of the party of the firat part, be , forfeited and terminat~d, and the partzes of the second part ahatt forfait atl paymente made by them on thtis Contruet; and such payments shatt be rstained by the said party of the firat part in futl B~G~( ~1~ PAGF V~S ~ ~ - : _ ~ - ~ - - c ~ _ '