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. LAKE LUCIE ESTATES, INC. ~~90632 } ,
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~ ~ 10l0 NORTHEAS~ '~h 8TREET - MIAMI. FLORiDA 5.113i
~ .T- AGREEiIENT FOp DEE~ - - - - - • - ;
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~ . , hereaftcr called "Purch~,ser•, ~
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LEGAL: -
Gentlemen: I wish to pucehace land in Lake Lucie Gardens.
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All paymentc shouW be made by cheelc cY money order payabk to Late Lueie Estates. Ine.. P.O. Box 24. Opa-I.oelca. Florida 33054.
LAKE LUCIE ES'TATES, INC. - =
GUARANT~ES - ~
1. REFUND ~a7 ~d tuis coaii~t i~ot. auy.rea~os ~itws CASH PRICE s .
PROVISION ~t?a.ps fro~ tl~e .bwe dstFsad ?4cdrs.fu~ cecwd or. ~Y ~ w-.~.
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m~si~ Raid kereea= DOWN PAYMENT S ;
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All eats to the SeUer ue included ia yonr do~n j , f
2. NO HIDDEN COSTS WYm AMOUNT FlNANCED S -
wrp~~ ~a moo~mr wrm~pu. ,
3. NO CLOSING COSTS ~~o~s ro~s. ~a~* wu wr «~b ~a FINANCE CHARGE S
documentuy st~mps and ooat ot reoordiag +he deed. ~
DEFERRED PRICE S <
4. EXCHANGE Ra .ny ume prior eo ~ee aeurery ot ~he deed. purchastr
PRIVILEGE sha~~ have ~he rig6t to e:change or tnde the aborr NUMBER OF PAYMENTS S
described parcd to~rard the purc6ase ot aaaGer availabe
parcel ot eqwl or grcater price. FlNAI. PAYMENT s
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5. WARRANTY DEED- v~, wy~ro~ ~[~r~. ~.?~~r aKe to r~ P~y
INSURABLE TITLE ai9 !~e issued to pou. MONTHLY P/lYMFNT s :s
b. PRE-PAYMENT a~ aoq ~~ne. you may make [ull or advanced papments on --'#i
PRMLEGE your proQerty writlaet prnalty. FlRST PAYMENT DUE s
GENERAL CONDITIONS ~
Upon acceptance the following ~xiq apply: r:-;~~
This Contract is subject to rnnditions, restiictions, limitations and easements of record, zoning, build'eng, health, sewage
disposal and sanitation regulations and laws of the State of Flo~ida and all governmental agencies having jurisdiction thereof,
and a reservation by prior owners of all oil, gas and mineral rights. ~=-'n'~
Upon 14 days written notice, this Cgnvact shall be in default if a payment remains unpaid for at least 60 days (if 1096 ot ~
less of this Contract has been paid), or at least 90 da}s (if more than 10% but less than 25% of this Contract has been
, paid). or at least 120 days (if more than_25°lo but less than 509'0 of this Contract has been paid), or at least 150 3ays (if 5~~
i more than 509b of th~s Contract has been paid). Pa}ments shall be applied first to interest, then to principal.
In the event of defauit, the Contract may be cancelled and in such event the payments thereby received shall be kept and
retained by the Seller as liquidated damages. =r`` ~
~ r haser acknuwied that this ro rty is not parchased with the present intent that it will become the purchaser's prin- _S
~ Pu c ges P Pe
cipal residence. ~ K
Purchaser will pay only for documentary stamps required by law and for recording costs of Deed. Taxes will be advanced
by Seller for ~~urchaser s account and repaid annually by Purchaser with interest at the contract rate.
Possession of the property and proceeds therefrom are retained by the Seller undl final payment of this Agreement is made
and Purchaser requests possess~on. ~
If any tnonies have been transferred from another Contract to this Agreemeat, said raonies shall be deemed to have been
paid pursuant to and be subject to the refund provisions of such other Contract. -
~--~'here shall be no personal liability on Purchaser to make the payments required hereunder.
Pwchaser acknowledges that he has received a copy of the Florida Offering Statement and the discloswe requind by the
Truth-In-Lending-Ac~ ' - ~ - . . . : ; . ~
If tl~e Purchaser does not receive the Praperty Report as prescribed by the Office of Interstate Land Sales Registration in
advance of or at the time of his signing this Coatract, then he may void this Contract. If the Purcnaser receives the Property
Rt rt as rescribed b the OfTice of Interstate Land Sales Registration less than 48 hours before lie signs this Contract, ' 4,
thePurchaser may revoke this Contract within 48 hours after signing it.
T H E P
R
O P E R
T Y D E S CRIBED HEREIN CANNOT BE CONSIDERED USEFUL FOR RESIDENTIAL OR BUILDING
PURPOSES. IT 1S BE1NG OFFERED AS UNlMPROVED ACREAGE, UNSURVEYED. WlTHOUT ROADS, DRAINAGE. i
OR OTHER IMFROVEMENTS. EIGHTY PERCENT OF THE PROPERTY IS SUB]ECT TO FLOODING DURING THE
RAINY SEASON. ~
ST. LUCIE COUNTY CURRFNTLY WILL NOT ISSUE BUILDING PERMITS OR ARE THEY OBL.G4TED TC1 PLAN,
CONSTRUCT, OR MAINTAIN ANY IMPROVEMENI~. °
PURCHASER(S) AGREES 'TO PURCHASE 'I'HE ABB~=-~~RIBED PROPERTY UPON THE TERMS AS ~
~ If name of s use is to a ar in deed both
SET OUT ABOVE. : ~ ?1 ( P~ PPe
APPROVED: LAKE LUCIE ESTATES, IIlG~~'`'"'-"~~~'°~'~f:' ~~band and wift should sign.) ~
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::.a,`~~ - •f.-~' ~i.+ ' _ ...(PIIIC~l25CC) ~
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- BY • - • . . . . . . . . . . . . . . . . . . . . . . . . . .4~r '~o r ~-~!vii.~~.C:~f~tr~rG`} . . (plllCl]BSCi) ,
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I HERE ~;C~~ that on the a ~tl~e Sersign;'t~$.tBit:Gu:aanteed Agreement far Deed personally ap- -s
pe~rgd;~e~ore~+r~~~knowledged that i~ ' was ex~G~o~ fa 3nd in behalf of LAKE LUCIE ESTA'tES. INC. -
as_a~3~ibt t~ bf~ic~corporation. _ • r , _ _ ;
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A(~Nd~I.~D~6~b:b'e~ore me at Miami. Das~o ~4dt~t~r;'P~`~ ~Agent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~
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~ : . , . _ ~ . .'°~f~'~~~t:~ea,s;;•~<<''~ ~ . FOLIO NO . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
' _ y ~e y ~ • bbhc. $tate of Florida ~f-~ ' ~ ~ by' j~090 N.E. 79th Street _
~t+~~1??~~ . P~~~10TARY PUBUC. STFTE M FIOR{UA st U1RGE ~OOK P~ M' ' Flp~ 33138
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• 4fY COM11.(~SIOH E.7iF'tRES ~~2R 22. 3~75 - ~
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