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HomeMy WebLinkAbout0272 . . / ,0 s ~~~~0 jhis instcument was prepated bY Chester 6. Griffin ,124•A No. 2nd St Fo~i p~Erce~ F~a• CONTRACT OF s~r 5~ da ' THIS AGREEMENT, made and entered into this y ~ of June, 1973, in duplicate, by and between WILLIAM L. CASEY ; ~ i ~ CO., INC., a Florida corporation, whose address is:f3K1 N. , i . ; 1NDiA~ R~~E~ aR, ~~~`~~ereinafter called the SELLER, and BEN D. EMERSON, 708 South 6th Street, Fort Pierce, Florida, hereinafter called PURCHASER. ~ WITNESSETH: 1. Seller, in consideration of the sum of THREE HUN- DRED TEN THOUSAND DOLLARS ($310,000.00) to Seller to be paid as hereinafter provided, hereby agrees to sell and convey and Purchaser hereby agrees to purchase, the follawing described land in St. Lucie County, Florida, to wit: Lots 1 through 13, both inclusive, less the ' North 30 feet of Lots 9 and 13 , in Block 5; . Lots 1 through 13, both inclusive, less the North 30 feet of Lots 9 and 13 , in Block 6; Lots 1 through 13 , both inclusive , in Block 10; and Lots 1 through 13, both inclusive, in Block 11; all in OCEAN VIEW SUBDIVISION, as per plat thereof on file in Plat Book 6, at - page 61, of the public records of St. Lucie . County , F lorida . ~ E 2. Purchaser, in-consideration of the mutual promises r ~ and agreements herein contained and hereina~ter set forth, ~ agrees as follaws: The purchase price to be paid by the Purchaser to the Seller is THREE HUNDRED TEN THOUSAND DOLLARS ~ ($310,000.00) , payable as follaws: (a) Four Thousand Dollars ($4,000.00) upon the signing of this Agreement paid by Purchaser to Seller; - s (b) Eighty-six Thousand Dollars ($86,000.00) ~shall be paid by Purchaser at closing by cashier's or certified check; • ~ (c) The balance of the existing mortgage dated ~ April 27, 1972, from WILLIAM L. CASEY CO., INC. ~ to CONEMAUGH, INC., having an approximate prin- ~ cipal balance of One Hundred Sixty Thousand Dol- ~ lars ($160,000.00) shall be asswned by Purchaser ~ at closing; ~ ~ _ (d) The balance o~ approximately Sixty Thousand ~ ~ f ~ Dollars ($60,000.00) shall be evidence by a pur- ; ~ chase money second mortgage and promissory note ~ i1N JE~FRI[8 i LLOYD C C t `Au` N[ILL ORIr - CMARTEHEO P O~ BOX 12)O. iORT PIERCE, iLORiOA 33450- TELEP110NE ~305)464-8200 -z, j . x~ ~ F _ % ~ ~ l_~' a. .uz....~-"~` ~ l ~ c ~ . _