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RAMCO FORM 2~
AGREC~ENT ~OR OCEO
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~c es o reemen , ~
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d~~y o/ . `t'`~~~ ~~8
Jludr Ihix
in !h~ ycar oj o~+r l.ord, o~iP [housu~~d ~iine hundred ar~d Seventy Four
~etween
Robert L. Drumm and Gene C. Drumin, his wife pnrt ies lhP /irst ~xrrf, and
5308 Citrus Avenue, Fort Pierce, Florida
Jerry W. Corsaut and Sandra F. Corsaut, his wi~~t ies O~ ~I1P SPl•ot~d Jxirl.
, 3320 Sunrise Boulevard, Fort Pierce, Florida 33450
~lt~lQUQtn, 7'hal i/ th~• suid ~rt ies oj the sPCOnd parf shull rrst makP Ih~• payme~nts a?id
phrjorm ~hP couenn~ets he~rPina/ter n~e~iliorted on their part lo bP madp and per/ormed, the
said /~urf ies u/ lltr frsf part hPreby co~~P~~a~~l urid agrPe to cotiuPy a~id ussure to the suid
purt ies u~ fl~P s~cu?td ~~rt, their hPirs. Prrcatora, udmiuistrators or ussi,qns, i~t /ee
simplr. ~Irur o/ u!l enrtunbranrPS ~vhatever, by a guod and sei/Jicient dpPd, llie (ot , piPC~
or jx~r~•r! oj land, S~r~~~,i~J tnP c:uttnly o/ St. LuCie . SlctlP o~
Florida k~eown and described as /ollows, to-wit:
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The North 335 feet of the East 840 feet of the SE 1/4 of the
SW 1/4 of Section 28, Township 35 South, Range 39 East, Public
Records of St. Lucie County, Florida; LESS AND EXCEPT the
North 140 feet thereof.
~p IN PAYMEIR Of TAX4
DUE ql GJISS'C IIITN161l1F *EIt~ONAI Pt10PER1Y,
J Pl1NS{N~f TO ~R71•~~ ~
I `i'S
CtEAX q1iCU1T OOUlIT, YT. UICff 00, FIJI
cu~d U~F said part ies o/ tl~e srrond ~url herc6y c•ovenat:t and agree (o pay lo the sciid
,ti,. S;xtPen Thousand and no/100------- Dollars.
j/lj! l i~:s V~ i~~i ~ii us ~iu.
in IhP mcrnner /ollowiiig : Monthly payments of $110.77 per month for 20 years
$1,000.00 down payment; $2,000.00 cash at time of closing. There wil
be no penalty for prepayment.after 10 years. Closing date to be
within 90 days froan the signing of this Agreement.
u~ith i~ilFre~sl ~el thP rate uJ 8 1/4 pPr cPntum per altnum. Nu~u61P monthly
arirutully u~~ lhe u~hole su~n rPmuining /rum time to fime tutpaid: u~id to pay alt tc~rPS. ussrsa~ne~ils
~ or impusi~iuns thut ~nay be Ipycdly leuied or impused upon said lund subseque~et to the yPCtr
~ December 31, 1973 , a~id to Aeep thP 6uildi~egs i~po~t said premises
insurPd in somP ~ompany salis/uctory to the part ieso~ the ~ra( pur~, and puyuble /or the parties.
rPSpectiuPly us their i~iterests may appPar, i~i u sum not less than
highest insurable value -~ff~
d~rring /hP t~rm u/ /his ugrrc~mPn[. and i~~ ~•ccse u/ /uilttrP o/ fhF suid 1xrrl ies o/ (hc~ sP~ond Narl
tu mcrke uny o/ tlre ~x~ymPnfs ur uny petrl iherPO/. ur lo per/orm any oj the c•ouenar~ts un their
purl le~r~by madp and Pn(PrPd i~ttu, this ~o~~truc~ shall, at tl~e optioi~ o/ the Nctrt ies u/ th~ /irst
purt, be /orjPilPd and t~rminuled, a~~d fhe part ies uj Nee sPCUnd purl shull ror/Pil ull J~c~ymenls
~nade by them oii ihis cuntrucl; and sucli paymPnts shull 6e rrtained by the said par~ ies
o( the /irst par! in /ull sutisja~[ion and liquidc~tion u/ a!/ damages 6y them sttstai~ted, and
the said par! ies u/ thP frsl part shall haue th~ righ! lo re-PnIPr and lake possescion o/ the
premises u~oreaaid without bei~t~ liable tu uny aclion therejor.
~t ~s ~lutuaUy ~greed~ by u~+d bc~twee~~ lhe parfies /~Prelo. fhut the. limr u/ Pa~•l~ /xiym~iil ~
shall bP an PsaPnlial part o/ this cuntrucf, and lhat u[I covenanta arid agrPeme~ifs hrrPi~e co~~lai~ied
shull Pxtend tu and bP o6ligatory upun !he heirs, PrP~uturs. administrafors and aasigns o/ thP re-
spPCtiue purties.
~~1 ~ltll~ ~~`s T~hP purties b~hese pres~•uts huue herPUnto se.t thei~ hnnds und seals
IhP day and year ~rst a6oue u?rilten.
Sigi~d, ul~d und Pli~ered i~e Presenee o/: ~ ~
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~~~~~.NyT4uI~E~lY~pREP ra Corsaut~--
/7ii.; Il/c!/!/N!!/i/ f~r~f~~~n~/ ly: E10~~ C. Teel, {~I, Esquirel of •
Fse, Par~cer & Fee, P. A. ~
First Federai Building ~Z7 PAGE~~
fort Pierce, Florida 3345Q
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