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Home My WebLink About1672 •~'iQ~1. ' STAT - aF Fl...o R I[~ A ' UpfUMENTARY.~~::;~,STAM~ Th7~ TAltf_+~ ~ D£Pt. U REYENUE =i' ~W1EIR ~ ' a~N~ PR~~~'1~ = Mo~l-~'N ~ . : 0 7. 5 0~ ,pi~Ely~p Rs= ' ~~~u'C 1911~i/ t ~ toi ^ i ~~j ~ qy~~ ~j~ ARTICLE OF AGRBBMSNT =r-----~ ~ c~ ~p~(~ ~1~ W~~ ~ . ! MADI~ this 3r3 day of D~v~aa~Lvr, A. D. 19~$, bat~aesn ~ NAJOR SXCAYATIAC CONPANI, IIVC., a Ftorida Corporation~, party i cf ths f~rat part and BILLI PRILLIP~ and 1~ARCAR~S? L. PIlILLIPS, h~a ; partisa of ths aacond part, ~if• ~ ~ i Y I T 1V S S S S T B _ i TNAT if ths aaid part{o$ of ths sscond part ahatt firat n~ak~ the paymsnts~ and psrfor,n ths covsnants hsreinafter msnttioresd, on thair part to ba ~nade and performad, the .8aid party of tha firet part hsreby covenants and agrssa to convey and asaurs to tha ; eaid part iseof the ssoond part, thsir hsirs, eseautors, ad~inis- ' trators or asaigns, in feQ ai.mpts, ctaar of att encu~nbranoas, by h good and suffiaient Dsed, ths Zot, piece or parest of Zand, sita- ated in the County of St.-Lucie, State of Ftorida, kno~n and described as follo~s: _ Lot 3, Btook 6, Un~t SII op ar~er~acr~e Subdiv~ti{on . ae reoorded in Ptat 3ook 18, Pa~Q 88 or th~ Pubt~a RQOOrds of St. Luc~~.Cotin~~, FZorida. I~~ ~ ~ ~ , and -~1ie said part ~sa of the second part -hereby covsnant and agrse .to pay to the party of the firat par~~ths aum of Four Tlioueand N~nQ 8un- drec~ h'~net~=Five fS 4855.00 ~ith ~~ln~e~+es~ ~,r. Pm date at ths rate of B~L~ht Per Cent ( 8.0 ~1 per annum as fo ~br~a: 1JLnety-1~'ir.s ~ol Zars & 00,'2 QO 99. 00 . 1 upon the aigning of thas Agreen~ent, the receipt r~hereof is hereby acknoa~tedged, and the batance as foZto~s: ~ ~ , . ( $ j per nronth on ~ Fort~-JrL»e DoZZars arsd 85,`200 48.,8b , the F~£ret day of each month thereafter, begtinnzng JanuQr~ , 19 93, untiZ the ~hote be futly paid. Sach instattmant ahalt first be apptied on the payment of interest and then on the unpaid baZanc~e of the princ~pat sunr. - ~ On any instattments rahich are ~tot paid r~i.thin sov~n ( 9) dQyB ' from due date, it is optionat r~ith party of the first part to charge ~ part ioe of the second part a F~Lv~ DoZZar ~S 5.00 ~ penatty charge on the Zate paymeret. Said parties of the second part hereby covenant and agree to pay att tctxes, assessments or impositions that may be Zsgatty Zevied or ~ im~osed on said tand subaequent to.the ye.ar 1~2 . Second part Lee ~ atso agree to pay att costa, aharges and expenses, Zamyer'a fees and titte searches, reasonabty incurred or paid by the first party because of the failure of aecond part ide to promptZy and futly aomply raith atl conditiores and ~ovenants in this Agreenrent. In the event second part ie~ai Z to pay, .~hen due, any tc~css, assessments, or - other sums of money payable by vtirtue of this Agreement, first party may pay same mithout u~aiving or affecting their option to forectose this Agreement, and.att such payments shatt bear interest from date thereof at the highest rata then aZZou~ed by the La~vs of the State of _ Ftorida. ~ ~ ~ • I f any sum o f moreey herein re ferred to be not promptty pazd ~ r~ithin Thirty f30 1 days ne~ct after the eame beQOmes due, or if ~ eaah and every one of the agreemente, sti.pututions, conditions and covenants of this Agreement~are not futly performed, compZied r~ith and abided by,~then ths entire unpaid batan~e of this Agreen+ent ahatt forthmith and therea~ter, at the option of the firat party, beaome due and payabte and the estate hsreby areated in second part LQ~, shatt cease, terminate, and be nutt and void. Purthermore, this Agreement ahaZt, at the option of the partb of the fLrst part, be forfeited and tereninat~d, and the part~~8 of the asaond part aAaZl forfeit alt payment8 made by them on this Contract; and su~h payments ahaZt be retained by the aaid party of the firat part in futl ao~ z~~ ~ ~ is~ ~ . . ~ _ ~ . ;;~~~~h-~'~~~ ~ _ ~ ~Y " . . _u.. . .t~ .,~cW.. , u, .v.+,._ . ..._w. .