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- AGR~EMEN`P FOR~i DEEll
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iiARTICLES OF AGREEMENT, made this 20th day of August A.ll. 1974. ~
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; between FRANKLIN A. f{ARRIS and VALERIE V. ~
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~~-=4 ~ ~ HARRIS, his wife, parties cf tha first ~,art ~
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'~~1~ ~ 1 • ar.d- CLIFFORD C. ROYER, party of the second ~
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~.t.~i f part, P. 0. Box 1744, Fort Pierce, Florida. ;
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~s lWITNESSETH that if the par~y ef the second part shall first make ~
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Q'" ~ the payments and perforn~ the covenants hereinafter mentioned on his~
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~~-W~z x'~part to be made and performed, tre said parties of ~he first gart, ;
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~~-~~i ~ hereby covenant 3nd agree to convey and assure to trie said party ~
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~of the second part, his heirs, executors, administrators, or ~
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zua¢ assigns, in fee simple, clear of all encumbrances whatever by good ~
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~and suff~cient ..•arranty deed to th~ following described property, ~
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The East 65 feet of the West 800 feet of Lot 38, Maravilla ;
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Gardens as per pZat thereof ii: plat Book 6 Page 55, of the '
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!E Public Records of St. Lucie County, Florida. ;
};and said party of the second part hereby covenants and agrees to ~
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pay to the parties of the firs~ part, trieir heir•s and assigns at ~
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i;their office in Fort Pierce the sum of $1$,500.00 in the following~
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manner, to wit : 1
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!'(1) $1,000.00 on the signing of_this instrument, recelpt of which~
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::is hereby acknowledged. ,
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;;(2) ~153:~4 per month interest and principal payment s~arting on ;
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=;~he lOth day of September A.P. 197~ and on the lOth day of each t
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;~and every subsequent month thereafter until the original install- ;
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z~C ment balance of $17,50Q ~80 is paid in full ihe aforesaid interest;
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i~ ^ g',c~ito be calculated on the unpaid balance due at the rate of 9.Ox s
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=;;per anr_um. Each installment shall first be applied in payment of ;
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~~~;interest and then on the unpaid balance ~f the principal sum. A~
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~ late penalty of 5~ will ~,e added and collected with any amounts ;
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due and payable under this contract which have not been paid by ;
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~ the 17th day of each month, this penalty shall apply to any due ad;
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;;valorem taxes, speci~~ governmental assessments and fire insurance~
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;~which has been paid by the parties of the first part t~ protect
i;~heir interest. Sefus~l on th~ part of the parties of the second '
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;;part to pay these late charges will he considered the same as
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~;failure to make the aforesaid regularly scheduled paymer~ts. ;
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