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~~t t~ s~~ A RTI CLB OF AGRBaNBNT
~~l Clf~1
NAD~ thia E3rd day of 1MQq.~.. , A. D. 19 ~g, bat~QQn
i ~ NAJOR SXCAVATINC COMPANl', INC., a Ftorida Corporattion, party
i o f th~ f~.rat part and Tl~OMAS F. RA?SS a CAROL S. NAY~S, his r~i fe
parttisa of th~ atcond part, i05S AE ?SOth St., N. Miami, FZorida
MITN~SSI~T•B
TBAT if ths aaid partLgs of th~ aecond part shatt first
n~ak~ ths pay~nsnta and p~rfor~n th• oovananta hersinafter mentioned,
on th~ir part to bs mad~ and p~rfor~nad, ths•aaid party of ths
firat part h~rsby cov~nanta and agrtsa to ~onvsy and-asaure to the
aatid parties of th~ eacond part, th~ir haira, axQeutors, ad,nireia-
tratora or aasigna, in faQ ai~npts, ot~ar of atZ enaumbranaas, by
tr good and euffioiQnt D~Qd, th~ Zot, piees or parosZ of Zand, sitti-
atsd £n ~h~ County of .St, Lu~is, Stats of FZorida, knor~n and ~
descri.bsd as fotto~s:
Lot 2, Btoak 4, Green Acres Unit Three s/d
St. Lucie County, Ftoridu
and Lhs aaid parties of ths aseond part hereby aovanant and agree
to pay to thv party of the firet part ths sum of fzft -four kundred
ninety-five doZZar~S5495.00 1, r~ith tinterest fro~n ~ate at the
rate of eight f 8x) p~r annum as fotlor~s:
Three hundred ninety-reine doZZarsfS399.00 J upo» the signing
of this Agreement, ths rsceipt r~hersof is hereby acknoratedged, and
tha baZartce as follo~a:
forty-nine dottars ninety-five osnts (549.95 ) per month on
~ha first day of saoh month th~rQaftar, begi.nning l10b~`d~ 1 ,
1972 , untit the ~hoZe be fulty paid.
Ba~h instattn~ant shatt first bs apptied on the paynrent of interest
and ~han on thQ unpaid bataaea of tha prtn~ipaZ sum. -
On any inataZZmenta u~hiah ars ebt paid rai.thin seven f~ 1 dctys
from due date, it is opti.onat ~tith party of the first part to charge
parties of the second part a ftive dottar (55.00 1
penatty charge on the Zate payment.
Said parties of the second part hereby covenant and agree to pay att
taxes, assesaments ar impositiona that may be Zagalty Zevied or
impoaed on said Zand subsequent to the year 1971. Second part~ies
atso agree to pay all costa, chargee and expenses, Zar~yer's feea and
title seurches, reasonabZy incurred or paid by the first party
! because of the faiture of 8gaond partLes to promptty and fuZZy comply
' ~aith atl oondtitiona and aovsnanta in this Agreement. In the event
; second parties fail to pay, ~hen du~, any tas~s, aesessments, or
! other aum8 of money payabte by virtue of this Agreen?ent, firet party
` may pa~ aame raithout mativing or affsating their- option to foreclose
~ ~ this Agraemsnt, and att e~ch paynrenta ghatl bear interest fro,n date
~ v
[`j~; ~ thersof at th• higlesat rata ~hsn aZto~ed by .the La~a of the State of
~ FZorida.
0
'~~N) +ri ~ If any au~n of money herein referred to be not pronrptty paid
~1 ~ith{n thirty l30 ) days neact after the eame be~omes due, or i f
~F~ eaah and every ons of ~ha agrsQmants, etiputations, aondtitiona and
oovenanta of this Agrssment ,are not fut ty performed, comptied r~ith
and abzded by, then tha snttirs unpaid balanae of this Agreement shaZZ
'~~~fW ~ forth~ith and thsrsuftsr, at th~ option of the first party, become
,~~.~~X i due and payable and the eetats hareby created in aeaond partLe$ ,
shall oeasa, terminats, and be nutt and void. Furthermors, this
,~o Agraamant ehatt, at tha option of ths party of the fi.ret part, be
forfsitsd and ter~ntinat~d, and th~ partL68 of the second part ahatt
' I(/1Q'~;i~ii~iii
~ forfait aZt payn~anta ~nads by th~m on thia Contract; and auoh paymsnts
8 E 6 0 p ahatt b~ r~tain~d by ths eaid party of ths first part in futl
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