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HomeMy WebLinkAbout1077 . ST-30, 630 ~ ' 0. n~r~oR oF t~s ; 2.96'7S'7 OilE ON qJISS'C INTN'161q.E rEitsONM. MlOPERIY. PURS1UINf 70 G111P'iER 71•13~. A6TS Of Itll. ~L~f . f106ER 101TRAS / d.EllK q~lti COURT. SI. WCIE ~0, ilA ARTICLB' OF ACRSSNSH? MADg th'ia 2nd day of December , A. D. 1974, bstvQS~ NAJOR BXCAVATIAG COMPAAI, INC., a Ftorida Corporation, party of th~ f~rat part and Fred B. Schoonover and Iris ii. Sc~ooaover, his Wifa part ies of th~ a~oond part, YITAIESSBTB• . TBAT if the aaid parties of the a~cond part ehatt firat ~ak~ th~ paymtnts and psrform ~Ht oovsnanta hsrsina~tsr msntioned, ore th~~r part to b~ ~aad~ and psrpor~n~d, tha aaid party of the firat part hersbb aovanants nnd agrssa to convay a~d assurs to the ~ eaid part iea of the asoond part, thair hsira, as~cutors, admini.8- tratore or aae~gna, ~n faa simpZa, clsar of att sneumbranosa, by a good and auf~io{ent Dasd, ths Zot, pisos or parosZ.of tand, sitti- atsd tn the County of St. Lucis, Stata of Ftorida, kno~n and desari.bsd as fotto~a: - - Lot ~7, Block 3, GRSBNACRBS, UNI'r 1~i~, according to the Plat thereof as recorded in Plat Book 16, page 17 of the Public Records of St. Lucie County, Florida. and ths aaid party of ths second part haraby covsnant and agree to pay to the party o f• the firs t part the awrr o~ SIg THOtISA1~1D ~B HUND~SD ~ NO/100 f$ 6,300.00 - 1, ~ith intereat: from dats at the rate of eight . f 8 x1 per annu~n as ~ottove: .+..e .wvroro~vn r_.vn/1M- ..~a~~~~..~~~•~~•- 1 _~1_~ ~ 1[DO1! the sionin4 . iii~is' taitiv.sa~.iiu as:s i ~~z: : s - s _ _ _ _ _ _ : ' . c z = _ _ of thie Agrasment, the rsceipt ~hereof is h~re211j_,,ytaknoa~ledged, and ths batancs as foZto~s: ' ~ FORTY-NIIiS DOLI~B.S b 95/100 49.95 ) per ~nonth on the ist dag of each ~nonth thereafter, begsnning Auguet 1, . , 1g 74 , until tha ~hota be futty paid. ~ Baoh inataZtment 8hall firet be appZisd on the payment of interest ~ ~ and thsn on the unpaid baZancs of ths prin~zpat eu~. On crny irestattmente ~hich are ~ot paid raithin Five ( 5) days ~ from due date, i t-zs opttio»at with party of the first part to charge . part ies of the $eaond part a ~ Five DoLIAR (S 5.00 1 - penatty charge on the Zats payMent. Said parties of.the second part hereby covenant and agree to pay att~ ta~ces, assesaments or in~positiona that may be Zegat~ty Zevied or i~npos6d on said tcrnd subsequen~ to the year 1974. Second part atso agree to pay aZZ costs, aharges and espenses, Za~yer's fees and titte searches, reasonabZy irccurred or paid by the firat party bscauss of tha faiture of aecond parties to promptty and fulty aompty raith aZZ conditione and aovenante in this Agres~ent. In the event seaond parties fail to pay, ~hen dus, any tas~a, aesessments, or oth~r swna of ~roney payabte by virtus of thie Agreement, firet party may pay amne without r~aiv~ng or affeating thsir option to fore~Zoes this Agrse~nent, and att such pay~ents ahatt bear interest from date ~ thereof at tht highest rata then aZtowed by the Lar~B of the State of_ FZorida. - ~ If any aK~n of ~o»ey hsrsin refsrred to be not promptly paid ~ithin thirty. [ 301 days nstt after th~ ecros becomsa dus, or i f saoh and svsry one of ths agrsa~snta, stip~cZationa, conditiona and . Qovsnants of thia Agrsemsnt ars not futly perforn~sd, aomptied ~ith ' and abidsd by, thsn ~hs sntirs unpaid batance of this Agreement BhaZt forth~ith and thereaftsr, at th~ option of ths first party, beaome dus and payabZ~ and ths astate hsreby created ~n ssoond parties , shaZZ o~aaa, terrninate, and be nutt and void. Purthermore, thie ~ Agraa~rsnt ahalZ, at thQ option of ths party of ths fir$t par-t, ba ~ forfs~tsd and tsr~ainat~d, and the part iea of ths 8aaond part. •hett ~ forf~~t a' ~nani~ ~a de b~ thsa on thia Coretraat; and auch pab~rents ~ shalt ba ~t~ii~ f~ ~he. ~aid party of the . first part iri futZ ~ ~ ~~e~234 ?~10?? •~x ~ ~T~. 3~ f ~ ~ - : ~ { ~~~>~~-~~az a~ . "~x~~~ - ~ _ s e. ~