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~1 r~?~ment Eor ~eed ~ ~~12
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l~iacte this 7 day of May , A. D. 19 73 BETtVEEN
ROBERT F. BURT AND CAROLYN T. BURT
of the County of DUVAL , State o~ ~RIDA hereinafte~ referred to as seUer , and
WILBUR F. S1~IITH AND JEANIE M. ~I?IITH, his wife
2506 Kerr. St., Fort Pier~e, Florida, 33450
of the County of = S~. Luc~,~.State of Florida hereinafter referred to as purchaser , ~
WITNESSETH, That Nrovided the s~rkl purchasers shall first make the payments andper
form the covenants her+einafter set forth on their Nart to be made and perfvrmed the safd seUers
c.ovenant a»d agree to and wiU by ~oat and suf
f icient uwrranty deed conuey and ossure to the
said purchasers, their heirs and assigns foreuer in fee simple, free and clear of aU ~ncumbrances,
the fdlowir?g ~lescribed land situate in ~ St. LucLe County, Flortda, to wit:
Lot 27 Block ~1 Secti.on 25
PORT ST LUCIE~ ACCORDING TO THE PLAT THEREOF RECORDEO IN PLAT
BOOK 13 AT PAGE 32~ PUBLIC RECORDS OF ST LUCIE COUNTY~ FLORIDA
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The purchase Nrice of said land is $ 2300.00 , of which_ the purchasers haue herewifh
paid,to the sellers the sum. of $ 500.00 ancl the purclwsers agrce to pay to the sellers the .
~cllanCe; tq wit: the principal sum of$1800.00
ONE THOUSAND EI (~iT HUNDRED AND N0~100 Dollars,
' tqgether with interest on so much of said principal sum as rernains from tinie to-time outstanding
~ and-ur~poid bt the rate of Si per centum per an?iurn from date hereof
' until paid; saidprtncipal and interest to be pa~able in consccutice monthly installments, each in
the ~ of a 36•93 and pu~able in consecz,tion on the 7th da~ of each and every
' n~nth hereaf
ter ~ieginni»g wit~t the 7 t h da~ of June 19 7~ said instaUnients
` to be applied first to interest aru~ balance to principnl. The purchasers may prepay any part of
~ the principal sum hereof in multrples of ~ 100.00 on any instaUment payment date, but any
i ruch prepayment sl~oll not relieve the purchasers from making the payment of the installment
; then due and any subsequcnt installmei~t proLidec~ hereb~, unless at the tin:e of such prepay-
~ ment the purchasers pa~ all sums unpnid hereon. •
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~ T,iie purchasers covenant anc~ ugree as folJavs: (a) to pay all taxes, fines and nssessments ~
~ levied or assessed an saucl land subsequent to December 31, 19 , as an~l when the same ° re-
' s~ecticely become due and shalt exhibit to the sellers i~nmediately after such pnyment the of
ficial
' receipts therefor; (b) to place anrl contimrously keep on the buildings now or hereafter situate
' vn soid land fire and extende~ cocernge insurance in the usual standard policy form in a sum
i not less than ~ none in s~~c1i company or eompanies as may be approued by
' t)se sellers and sald policies shatl be delicered up and held by the sellers and contain the usunl
clauses making said policies payable to the seAers as their interest may appear; and in the event
an~ sum of money becomes ~ayable uncler. sucli policies the sellers shall have the right to re-
w ceive and appl~ the same on account of the inc~ebtedness secured hereby; (c) to permit, commit
' or suf
fer no wa.ste, impairmenf or deterioration of s~id property or any part thereof; (d ) to ot aU ~
; ti~nes keep and maintain the buildings and improaements on said lnnd in a good and tenantable
' statc of repair nnd condetiorr.
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