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HomeMy WebLinkAbout1986 ~ ~ 297~63 0~ \ a~ _ ~ ~ ~t~~'~`~ ~~y~ `x ARTICI,ES OF AGREEMENT ~~~~e~~, ~s V ~ . Ot~ ~ C~•4q ~ ~ y`t dp , ~ fi0ti'E. J~t~. a~. w , ~~t~?~~ This aqreement, made this day of March, ' 1974, c~ _ ~ ~ w!~w7~fT/~OL~M awa 1/~V ilii?A~N(`FC[`A_ ~'!~S wife. herein~ i. _ betW~e~1 JU.~~.1~1~ L1r tit'ias~.L..rti.is c.cia~ ~ a.> _ - . - ~ after called "FIRST PARTIES" and JOI~J CLARK and MARLEN$ CLARK. his wife, 3404 Avenue I, Fort Pierce, Florida, hereinafter callec~ ~ "SECOND PARTIES". ~ ~ W I T N L S S E T H: ~ That if Second Parties shall first make the payments and ti ~ ~ ~ ~ M a ~ N~ perform the covenants hereinafter mentioned on their part to be made and performed, First Parties hereby covenant and agree to convey and assure to Second Parties, their heirs, executors, ad- , ministrators or assigns,-in fee simple, free from all encumbrances, by a good and sufficient warranty deed, the following described . ~„~~e ; r ~t _ T.ucie Countv, Florida: _ Y~'vi+~~ ..Y - - - - - Lot 11, Block 43, Plat No. 3 of SUNIAND GARDENS• as per plat thereof on file in Plat Book 9, page 67, of the public records of St. Lucie County, ~ Florida. _ ~i Second Parties hereby covenant and agree to pay First Parties the sum of SEVENTEEN THOUSAND DOLLARS ($17,000.00), with interest at the rate ~ of 7% per annwn, as follows : ~ - , - xt~no~ : ` $1, 5p0.00 on or before the signing of this agree- 3~~na it+~v3 ment, receipt whereof is hereby acknowledged; a 3~~~~ $115 . 00 per month beginning on the lst day of tldllt~il~~Q . April, 1974, and $115.00 on the lst day of each a~__ IUi ~ f month thereafter until the whole be fully paid; s M m~ pa;~ y ~ d~'~ x o Each installment shall fi=st be applied on the ~~~D ~ ; ~ ~~a ~ ; K~S~- ~ cq h payment of interest and then on the unpaid balance : O t~t. . H~ y d~ of the principal sum. Furthermore, if payments : ` a are not received by the 7th of the moneh when due, ~ y~ a late charge of $4.00 will be made. In addition, 1~i~p ents are not received by the 15th of the rv • i f paym month when due, interest at the hiqhest legal rate w. _ shall be computed from the date of the last payment ~v ,~0 ~ ?ac made by Second Parties through the date the arrear- ~ age is rectified. u?w orr~c=s w~u.ES, eirraN e w~u.ES 60tRM~ ~ i'AGE o. .ox soa ~ORT ~1[RC,[. RLORIDA la480 ' y,~ti_; ~ $ ~ n.5 ~ ~ ; : ~r-.~. 7 N -r ~ . _ "~''i~'~~~P-'`~=~ . ~