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HomeMy WebLinkAbout1427 ~ . . ~ ~8~..6~ ~ ~ , ~ AGREEMENT FOR DEED ~ _ , ~ T~iIS AGREEMENT made and entered into this l day of ; ~ ~ May, 1974, by and between M. GLEN RICKERSON a/k/a M. G. RICKERSON~ ~ and HAZEL RICKERSON, his wife, hereafter referred to as Sellers, y and PAUL E. GA~GNON and DORIS GA~GNON, his wife, hereafter referred ~ Lt c~lo `.~7''. ~/~~'~e ~iJ~~~ to as Purchasers, ~•2. ~ 33ys o i ~ WITNFSS ETH: ' i _ That in consideration of the mutual promises and ~ ~ covenants contained in this Agreement and other valuable ' ~ considerations passing between the parties to it, the Sellers . ~ ~Y ~ 1 ~5 ~ i , ~ g$~ agree to sell and the Purchasers agree to buy the following , ~ ~ < ~ z~ described property situate, lying and being in St. Lucie County, ~ ~ : ~ ~ a ~ ~ $ ~ Florida: ~ ~ • ~ 3~ T'he Wes t 97 . 23 feet of the Eas t 219.46 feet ; ~ of the North 105 feet of the South 390 feet, ~ ~ of the lot 222 of Sheen's Map of WHITE CITY, ~ W ~ in the E~ of the S~ of the SE~ of SE~ of ~ ' Section 9, Township 36 South, Range 40 East, } being further described as Lot 15, of Block i 2, of BROOME-TIOGA SUBDIVISION, an unrecorded I plat of Lots 222 and 223 of WHITE CITY, as per Sheen's Map. j 'Q"~ p ~ !OQ! c~ The total purchase price of the property shall be the ~ ~ ~LY~ p ~ < sum of Twenty One Thousand ($21, 000.00) Dollars payable at the ~ ~ +O~ rr~ ~ ~ , i : L times and in the manner following: , ~l'1- ~ , ~ $1, 000.00 paid on or before the signing of this contraci~, , ,..~..w ` J Qlr--~ • ~W~W ~ receipt of which is acknowledged by Sellers; ~ Q~ ~ 1111 N ~ ` ~,.o The balance of $20, 000.00 to bear interest at the rate ~ _ ~ ~~o~~fttllllll ~ ~ ~ of 996 per annum and to be payable at the rate of $202.00 per i rti~9Z0 s~;~~ .~:~~E month beginning June lst , 1974, and on the lst day of ; c;,~tt'r 1 ; each and every calendar month thereafter until the sum is paid ir.: . i full. Each of the payments shall be credited first to interest i and the balance to principal, and after seven (7) years _ ~ prepayment shall be permitted at any time and from time to time ~ ~~A~~r+ AND BRENNAN ~wwrcrts wi thou t penalty . :JG RAYLOIfON ~YILOINO ~ . ;~K; ~,E~~~ ~~,p~ It is understood and agreed between the parties t at Til[OMOMt ~ when the principal sum has been paid in full, the Sellers sha (IW~` Nf•~~M ~ n~y . -1- BOOK 2~+ t PA6[ 3 " - '~ir~ia~i-.~:u=':'^'e`,-._ F,= . ~ - ~ ~~~ws y a,, - _..~?`~~~~~~.s ~ .