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OOI~BINATION OPTION AND P(IRCHASE A~R~ ~
a~
STATE OF FLQRIDA ~
OOTJAfl'Y OF ST. LiJCIE
FpR pNp IN OQKSID~ATION of the sian of ~+10 ~IOiISAND DOLLARS ($2,000.00) in
harid pa.id, the receipt of which is hereby aclmaalec3~ed, the undersiA'ied
ERt~.ST B. SML'IH AI~ID ELIZABEI~i C. SMI~I-I, his wife, 1605 South 33rd Street,
Rort Pier~c:e, Florida, hereir~a.fter called SII.I~RS, hereby ~.ves and ~ants i.mto ;
gp~~t gE(Z ~PHpi~ prID ~GF.AP~-i COI~ANY, a Corgoration, it successors
,
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and assig~s, hereirsafter called PURCHASER, the excl.usive option to purchase
the folloowing described property ~n ST. LUCIE C~JiJrfl'Y, STA'i'E OF FI~ORIDA, to
~ wit: _
The South 75 feet of the North 83 feet of th~ East 120 ~
~
f~et of Lot 2, ~ffftrY ~I-IIRD S~P ~UBDIVLSI!~N as per ~
plat thereof ~eco~ded iri Plat Book 7, at pa~ 53, P~~~ ~
~ecords oP St. Lucie Cowlty, Florida, being that part of
~e E'~ of NE of Section 17, ~awnsl-,ip 35 south, Range
40 East, l,y~'ig north of Okeechobee Road.
at arxi for the price or sLUn of ZI-ffFfPY ZHOtI.SAND DOLIARS ($30,000.00) and on the
follar~ring teru~s and cor~ditions, should this agreement be exercissd by PUF~ ;
CfiASER:
1. The election of PURCHAS;R to pt:rchase property shall i~e signified by written
nQtice thereof served u~on SELIF.RS, Perso=~a11Y or by posting such notice by
~ certified mail, within ~-IIRTY ( 30) rmnths fYrnn the date of this Ag~r~~nt, if
thz pur~ci~ase and sale has not been cor~sLUrrnated during such THIRTY (30) rronth
period, Upon ftiRCHASER'S failur~e so to elect to purchase said pr~operty, not- ~
withstariding fl~ll perforirnnce by SE£~ERS of its obligatiorn under this A~ee~
f
ment, then and r_ot otherw.Lse shall the afor~said '1W0 I'HOiISAND DOLT~ARS
($2,000.00) option ironey be forfeited to SELI~, and a~.~ flu°ther Mg~ts and ob- #
,
- ~oo~z31 P~1348
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