Loading...
HomeMy WebLinkAbout1190 1~~1~ o~~~ ~ ~ iN NINM~ . .u~ on w?ss ~"~c'e~ ~ ~ +r~ v~o~R"~ 250'714 ~11RS1W~j TO d~~ER 11•13~. pCi3 Oi 19f1~„~( ~ p01TNAt f1~ A RTI CLB OF ACRESMBNT MADB thtis IOth day of Fsbruary , A.A. l9 7~ bet~een ~ MAJOR EXCAVATIIVC COMPANY, I1VC., a Ftorida Corporation, party of the first part and GALB E. LASBBR ~ CAMILLA C. LASXSR, his r~ife part t68 of ths aeoo»d part, 223 Metissa Lane, Ft. Pisres, Ftorida. ,1. b/ I T N E S S E T 9 THAT if the said parties of the aecond part ahatt first ~naks the paymenta and perform the covertants hereinafter mentioned, on their part to~bs ~nade and performed, the said party of the ftirat part hereby aovenanta and agrees to aonvey and assure to the said part ias of the aecond part, their heirs, executora, adminie- tratora or asaigns, in fee simpte, ctear of att encumbrances, by - h good and sufficient Deed, the Zot, piece or parcet o,~ Zand, situ- ated'in the County of St. Lucie, State of Ftoridu, knor~n and described as fo Z toras : Lot Btock 6, Unit III of Creenacrea Subdivision as recorded in PZat Book 18, Page 28 of the Pacblzc Reaord8 of St. Lucie County, Florida and the said part ies of the second part hereby covenant and agree to pay to-the party of the first part the sum of Five Thousand Seven Bundred lV$nety-Pzve 5795.00 1, ~ith interest from date at the rate of gight Per Cent ( 8.0'X1 per annun? as fot tor~s: Six 9undred Ninet -Hine Dolt~ra ~s 6 9,00 ~ upon the signing of thia Agreemen~, the recezpt ~uhereo,} zs hereby acknor~tedged, and the baZance as foZto~s: Forty-Aine DoZZars and 95/100 (s 49.95 ~ per month on the pirat day af each ~»onth thereafter, begtinnin,q duty 2 ~ 19 72, untit the r~hoZe be futty paid. Each instaltment shatt first be appZied on the payment of i.ntereat and then on the unpaid batance of the prinaipat sum. On any instatlments r~hich. are »ot gaid ~ithin Seven ~7 ~ day$ from due date, it is optionat ruith party of the first part to charge 'parties of the second part u Five DoZtar & 00/IOO~v 5.00 ~ penatty c~arge on the Zate payment. Said parties of the second p.art hereby covenant and agree to pay aZt taxes, assessments or impositions that ma~ be Zegalty Zevied or imposed on scrid Zand subsequent to the year 1971. Second partie8 a~lso agree to pau atl costs, ahar~es and expenses, Zar~yer's feea and titte searches, reasonabtu in~urred or paid by the ftirst party because of the failure of second parti68 to promptty and futty comply u~ith alt conditions and covenanta in this Agreement. In the event second partzg8 fait to pay, r~hen due, any ta.res, assessments, or other aums of money payabte by virtue of thi8 Agreement, first party ma a scune r~ithout r~aivin ar a ~ p~! g ffecting their option to foreclose ~`i:~: ~ , this Agreement, and at t such payments ahat t bear interest fronr date ` thereof at the highest rate then aZto~ed by the Lar~s of the State of ~ ~ FZorida. o '~~i ~ri ' f~",l.r,~ . - I f any sum o f money herein re ferred to be not prompt Zy paid ~ixhin Thirty ! 301 days next after the sume becomes due, or i f each and every one of the agreements, stiputations, conditions and 1~ .1 covenants of this Agreement are not futty performed, complied ~aith ~ and abided by,~then the entire unpaid balance of this Agreement shall !~Z'y N forthraith and thereafter, at the option of the first party, become ~~~.~.Y due and payable and the estate hereby created in second part , Q~!.. shaZZ cease, terminate, and be nuZt and void. Furthermore, thie ~}.,.0~~ Agreement shaZZ, at the option of the party of the firat part, be ~W. " or eited and terminatQd, and the partL68 of the second part ahatt i~0 ~+ilillllt f forfeit alt paymenta fiade by them on this Contract; and such pabments ~ Q E 6 O 0 ahatl be retained by the said party of the firat ~part in futt ~Oli/tT . :.~t ,~GE ~z~2 ~119~ ' 7 0 ~G - . . . - 5- - _ _ - -