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Home My WebLink About1180 '25Q'7Og G . s 1~= w ,+~"~.,,~w~st`~'~'r?~ . R~~ ~ p ~ p1~~ ARTI CLE OP AGREEMBIT a? ~ c~'~ ~ir~ NA08 tht• aoth da~l or lov~wbsr, A.D. i8 ~a betvean ~ MAJOR EXCAVA?IRC COIIPArT, IIC., Q Ptor~da Corporatfo~c, Qarty of th~ f~rit part and ggRllAl V. CRA/?BAN and PRA/C88 CRA1?B~lM, h~ta vif~ . Part~~a oT the aaoond part, c~ BEq.c1.v ~i ~C.~/E/ f~• E"t -1 V I T I E S 8 E? 9 TNA? ~f the aa~d part~e~ of the aecond part ahatl firat ~ak• the paywenta and psrforn~ ths covenanta herainafter ~nentio»sd, on tha~r part to bs Aade and perforwed,- the aaid part~/ or tha f~irat Qart hsreb~ aovsnanta and agresa to aonvey and aaaure to tbe sa~d part.~QS or the second part, the~r he~ra, ere~utora, Qdr,einis- tratora or aaa~gni, ~a fee e~arpte, clsar o~ att encu~rbran~sa, b~ ~i good and auftia~ent Deed, the Zot, pfece or parcel of Zand, a~t~- ated ~n tbe Cor~nty of St. Luc~e, State of Plor~da, knosm and dea~r~lbsd aa ~ot tova: Lot B,~BZock a„ Un~t III o~ Cresnacrea Bubd~v~aion aa re.aorded ~Ln ! Plat Book 1 B, Page 28 0~ ~he ~ Pubt~a Reaorda ot St. Lua~ls Count~, Ptor~da. and the aa~d par~ ~sa of the aecond part hereby covenant and agree to pay to the party of the f~rat part the su~ of p£ve ?houaand Seven Bundred 1~~ns~y-p~tve (a 5785.00 J, v~t th ~lntereat rron~ date at the rate of E~ght Per Cent ~ 8.0 x~ per annruA aa fot Zor~a: P~£fty Dottara and 00/100 ~S 50.00 1 upon the aigning - of th~a Agreement, the receipt r~hereof ia hereby acknovledged, and the batance aa jotlor~a: Batanas o~' Dovn Pab~ent $849.00 on or be~ore January 1, 1878 Por~b-~?tne Doltara and 95.100 ~a 49,g5 1 per n~onth on ~ the P~rat day o~ each ~ronth thereafter, beginning PebrusTy Z , 18 ~3 , unttil the ~hole be futty pa~d. Eaah ~natatlmsnt ahaZZ f~rat be apptied on the paynrent of in~erest and th¢n on the unpa~d batance of the prin~ipat aum. ~n any inatatlmenta ~hich a~e ~o~ paid r~ithtin Seven ~ day8 j'`~~ ~ 0 frofi due dQte, i t~a optionat r~ith part~ 09 the fir~t part to charge C~''~ °D part of thQ second part a p{y¢ Doltar 5.00 ~ ' K ,penatty ckarae on the tate pa~~nent. ~ o j~~~ ~ i~~ Said part ~ea of the 8econ~' part here~y covenant and agree to pay all ; taxea, aaseasnrertts or impoeitiona that mab be legal Zy Zevied or ~ E~~~ impoaed on aaid Zand aubaequent to the year 19~2 . Second part iee ~ atso agree to pa~ att eoata, ~har~ea and ezpenaes, Za~yer'8 fees and tt tte eear~hea, reaaortab Z~ zneurred or pazd by the first party ~~~Z4~ ~ because of the ~a~ture o~ aeeond part {e¢ to pronrptty and rutty compty ~~4,~ ~i~h att eond~t~ona and covenanta zn thza AgreemeRt. In the erent ,~jl~ a~~j a¢aond pa~t ~ee fa~t to pab, ~hen d~se, any tcrssi, aaseaamenta, or ~~vt~ ~o other awAa of n~one~ payable b~ v~lrtue of ~hia Agreement, ftrat party ~ ~JW - may pay acune ~ithout ~a~Ev~ng or affe~ting the~r option to foreeZoae ~`f`~~~11t th~a Agreen?ent, and at t aueh paymenta ahat t bear interest from date F' c E o p p thereof at tha h~gheat rata then attoved bb ~he La~a of the State of ~ ~ Ptorida. . ; sM i lL%G1E .~i0i~ - If any auin of ~oney herein ref¢rred to be not promptty paid ~ith~n ~.~r~~ ! S0 1 days nezt atter the acr~e beeomea due, or i f eaeh and every one of the agreementa, atiputationa, aonditiana and s covenanta of th~s Agreement are not fultb perfor,~ed, comptied ~ith and ab~£ded bb, then the entire unpaid batanee of thia Agreement ahatl forthmith and thereafter, at the opt~on or ~he f~rat part~, beeo~re due and payabte and the eatate herebb created in aecond part• a, ahatt aeaae, termtnate, a~d be nuZl and void. Purther~more, ~~za : Agreement shall, at the opt~on or the party ot the ~~rat part, be ; forfe~ted and ternrtnat~d, and the part a of the aeeond part •hatl ~ forfe~t alt pay~nenta ~rade by thew on t~~a Contra~t; and aueh payarenta E ahalt be reta~lned by the aa~d party of the f~rst part in ~ulZ i ` ~2~L2 ~ii~ ~ ~ - . u , ~ I ~ ~ ~ - -