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HomeMy WebLinkAbout2147 ~ ~ ~ ~ ~ , ~ BnO~ ~~r ~A~ ~ PAR~ An undivided one-fifth ~1/S) interest in and to: Lot 4 in the Southeast 1/4 of Model Land Company Subdivision, y less: Beginning at Northeast corner of Lot 4 run West 434.44 feet, thence South 36° 54' 18" West 811.08 feet to Southeast - corner of said lot, thence North to Point of Beginning and less: Beginning 15 feet North and 15 feet East of Southwest Corner of said lot run North 208.71 feet, thence East 208.71 feet, thence South 208.71 feet, thence West 208.71 feet to Point of Beginning and less Coolidge Road right of way; per plat recorded in Plat Book 2, Page 10, of the Public Records of St. Lucie County, Florida. -Containing 5.22 acres more. or ; less. To: THOMAS MARCO and/or•HIS ASSIGNS. • 3. Petitioner considers that it is expedient to sell , said properties in order to provide funds for the support and main tenance of said minor. Said properties are uneconomical to manage and it would be in the best interest of said minor for said prop- erties to be sold. ~ ; 4. Petitioner desires to sell Parcel A at private sale i I, for the sum of Nine Thousand Five Hundred Seventy-Eight Dollars ~ and Twenty-Five Cents ($9,578.25) for the entire parcel in which ~ ; the said minor has an undivided one-fifth (1/5) interest and from ~ which the said minor will receive the sum of One Thousand Nine ~ ~ Hundred Fifteen Dollars and Sixty-Five Cents (~1,915.65) for the = ~ ~ ~ said one-fifth (1/5) interest.less expenses of sale. The terms ~ ~ of the sale shall be Two Thousand Seven Hundred and Seventy-Seven ~ Dollars (~~,y77.00) in cash at closing and the balance of Six ~ - ~ Thousand Eight Hundred and One Dollars and Twenty-Five Cents ~ ($6,801.25) secured by a Purchase Money Note and Mortgage payable [LY ' { ~ in five (S) years at 6 percent interest, to be paid in semiannual _ payments of Six Hundred and Eighty Dollars and Thirteen Cents (~680.13) each plus interest. A portion of the property in the ~tortheast corner having 150 feet frontage on Coolidge Road and having a depth of 320 feet will be released from the Purchase ~=3 Money Mortgage. A copy of the Contract for Sale is attached here- ~ to as Exhibit A and-made a part hereof. ~ t' ti i ' ~ C:r ( 2~e PAGE~~4~