HomeMy WebLinkAbout0620 A 2~820Z ~
1 IN PAYMENi OF 11~6 _ .
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~ t 10 C~~Ea 7i-1~• ~s ~ Q ARTICLE ~JF AGREBNEIVT
pUg511AN ~q;ER t'OIZRA ~E CD•• ~
c~~ ciRCU+Y aouat, s~. w~ ,
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NADE thiF 2nd dcty of June , A. D. 19 ~2, betr~een 7•~
MAJ~R EXCAVATINC COMPANY, IAC., a Ftorida Corporation, pnrty
o f the fi rs t part and JOSEPH iiILI~.AN & JOSEPHA WILDMAN ~ his xife
~art ies of the seoond part, 113 Deanna Ia?ne, Fort Pierce, Flori~a~
V I T N E S S E T B
?'AAT i~' the said part ies o f the aecond part sha Z Z first
~ maks the paymenta and perform th6 covenan~s herei~:after ~nentioned; _
on their part to be made and performed, the said partv of the
fir;;~ part hereby aovenanta ctnd agreea to convey ctnd asaure to the
said partles of the second ~art, their heirs, exeeutors, udminis-
tratora or assigns, in fee simpte, cZear of att encumbrances, hy
tc good and su;ficient Deed, the Zot, piece or parGet of Zand, situ-
ated in the County of St. Lucie, Stata of Ftorida, kno~n and
described as fol Zor~s:
Lot 7, Black 1~ Creen Acres Gnit Three s~d
St. Lucie County, Florida
as ats re~orded ire Plat Book I6, Page 28 of the
Pubtic Re~ords of St. Lu~ie County, Ftoridu.
and the said parties of the second pctrt hereby covenant and agree
to pay to the party of the first part the sum of fifty-;,av~n hundred
ninety-five dollars fS 5795•00 1, r~ith interest from date at the
, rate of eight l 8 x) per annu~rr as foZZows: _
Six hun~dred ninety-nine dallars f 5699•00 1 upon the sigrting
of this Agreement, the receipt r~hereof is hereby acknor~tedged, and-
the ba Zance as fo Z Zoras :
forty-nine dollars ninety-five cents ~ s49 •95 1 pe r mon th on
~ the first day of each month thereafter, beginning J~y ,
~ 19 ?2 , unti Z the r~ho Ze be fu Z Zy paid.
~
o Each installmeret shall first be appZied on the payment of interest
and then on the unpaid batance of the principaZ sum.
' ~ ~ -
~ ~ Gn any instaZlments ~hieh are not Faid rvithin seven ( 71 days
from due date, it is optionat ~uith partu of the first purt to eharge
R G a!~,' part ies of the second part a five dolla_r (S ~.pp )
~~Q~~ N nenalty charge on t_he Zate- payment.
~~,,~w~~ ~
Q~~Y Said ~art ies ~f the second part herebu covenant and agree to pay aZZ
,~o ta~es, assessmexts or impositions that m~y be Zegatty Zevied or
~.-~;r~
4;~ ir~p~aed on said Zand subsequent to the year I9 ?1 Second part
also agree to pau att costs, charge8 and expenses, Za~yer's fees and
L y~ 1 p Q titte sectrches, reasonabtu ineurred or, paid by the ,~'irst party
because o f the fai Zure o f• se cond partSes to prompt Zy and fu Z Zy comp Zy
;~~?:r wctE ~ith all. conditions and covenants in this Agreement. In the event
couMt? second parties fai Z to pay, r~hen due, any tases, assessments, or
other sums of money'payahle by virtue of this Agreement, first party
~ may pay sanr~ ~ithout r~aiving or affecting their option to forectose
~ this.Agree~nent, and att su~h payments ahatt bear interest from date
' thereof at the highest rate then at tor~ed by the Lau~s of the State of
` Florida.
~ _ If any sum of money herein referred to be not promptZy paid
I - ~ithin th~y ( 3p) days next after the same be~omes due, or if
! ~ each and every orce of the agreements, atipuZations, conditions and
' couenants of this -Agreemertt are not fultv performed, comptied ~aith
; arcd abi ded by, then the entzre unpaid balance o; this Agreement sh~ll
; fortnrvith and thereafter, at the option of the first party, beeome
f due and payabte and the estate hereby ~reated in seeond parties ,
{ shall cease, terminate, and be null and vozd. Furthermore, this
~ Agreemertt shatl, at the option of the party of the first part, be
~ forfeited and terminated, and the parfles of th¢ second part shatl
; forfeit uZZ payments made by them on this Contract; and such ~ay~ents
! shaZZ be retatined by the aaid party of the first part i~s fuZZ
i
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