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R~cf.~~~~~~ E~ ~~~~~~E~~ ARTICLE OF AGREEMENT
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MADI~ this g~thday of Maroh , A. D. 19 73 bet~sen ~
NAJOR EXCAVATIAG COMPANI', INC., a Ftorida Corporation, party =
of the first part and Gerutd S. anyder and Betty Snyder, htis u~ife ~
parti68 of ths second part, 205 Dsanncc Lane
~ t? I T N E S S S T 8 ~
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THAT if the said parties of the second part shalt first }
~naks the paymenta and perform the covenants hereinafter n+entioned,
on their part to be ,nade and performed, the aaid party of the
first part hereby covenanta and agrees to convey and aasure to ths ~
aaid partZ68 of the asaond part, their heirs, executore, adMinis-
tratora or asaigna, in fee simple, ctear of att erecumbrances, by ~
h good and aufficient Deed, the Zot, piece or parcel of Zand, stitu-
ated in the County of St. Lucie, State of Ftorida, kno~an and [
described as fotto~s: '
Lot 3, Btock 2, Unit III, Green Acres Subdivision
j Ptat Book 16, Page 28, St.Lucie Co.
and~tke said parti¢8 of the.second part hereby covenant and agree
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to pRy to the party of the first part the sum of Fifty-seven hundred =
and ninaty=five doltara 5~95.00 1, ~ith interest from date at the i
rat.e of Eight ! 8 x) per anreum as fottoras: ~
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Six hundred and ninet -nine doZZars~S 699.00 J upon the signing f
of this Agreement, ~he receipt ~hereof is hereby acknoruledged, ctnd ~
the batance as fotto~a:
Forty-nine doZZars and 95/200
(S 48.95 1 per month on
the first day of each month thereafter, beginning ApriZ 1 , ~
~19 ~3 , unti t the rahote be . fu t ly paid.
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i~-=; ~ Each instattment shatt first be apptied on the payment of interest
- and then on the unpaid batance of the principat sum. ;
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i0~~ rtt `On any instatlments ~hich are not paid r~ithin seven f ~ ) days
i~~,~ ,from due date, it is optionat ruith party of the first part to charge i
y _ part ies of the second part a Five doZZar~ l S S. 00 1
j~'~' I~ penalty charge on the Zate payment.
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~~°C~"' ^ Said partie8 of the second part hereby covenant and agree to pay aZZ
} taxes, assessments or impositions that may be Zegatly Zevied or
}~-4+r ~ imposed on said Zand subsequent to the year I972. Second parties
Q~~1111 N atso agree to pay aZZ costs, ckarges and expenses, Za~ayer's fees and
titZe searches, reasonabty incurred or paid by the first party
i~A~at~iil~U~ because o the ai Zure o second ctrt ies to ron? t Z and ull com Z
'~'W - f f f P P P y f y P y
raith att conditions and covereanta in this Agreement. In the event
i b Z i i 0 8econd part i68 fai Z to pay, r~hen due, any tassa, assessments, or
-•.~Nrwc~e other suma of money payabte by virtue of this Agreement, first party
covMtr may pay same r~ithout r~aiving or ctf
fecting their option ~o forectose
this Agreement, and att such paymenta ahatt bear interest from date ;
thereof at the highest rate then atlor~ed by the.Lar~s of the State of ;
Ftorida. ;
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- If any sum of money herein referred to be not promptty paid
~ r~ithin thirty ~30 1 days next after the same becomes due, or if ;
each and every one of the agreemerets, stipulations, condtitions and ~
covertants of this Agreement are not futty performed, comptied ruith ;
and abided by, then the entire unpaid batance of this Agreement shatl
forthraith and thereafter, at the option of the first party, be~ome
- due and payabte and the eatate hereby created in second parties ,
shatl cease, terminate, and be nutt and void. Furthermore, this
Agreement shalt, at the option of the-party of the first part, be
forfeited and terminatad, and the parties of the second part ahatt
_ forfeit att paymenta made by them on this Contract; and such payments ;
shatl be retained by the aaid party of the first part in futt ~
~ ~ ~ - ~ .50~,213 ~A~~2013 .
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