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AGREEMENT iOR DE[O 11AMC0 ?ORM A
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r ~c es o reemen
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,1/ude Ihis Sth • day o/ July ?~g `
in thP year o/ our Lord, a~e lhousa~id ~tiiie hundred und seventy-four
~~I~ H. t. SPENCBR and CRESSIB M. SPBNCER, his wife 3
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a~ the Ant purt,~c~ltd
GRADY ARCH SPENCBR I~ND CYNTHIA ANN S~CSR, his wife ~ ij ~
l~.~ a la ~r Q~?.. ~"a T Y• part ies o/ thP ~P~aid part. ` :
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Thul i
j thP said part ies o/ the second part _ sl~all f~r:~ ~u~:e tl~ ywymeuts and . ~
prr~orm the covena~:fs hrrPi?~a/ter menlioned a? th~eis pqt~ to br mud~ a~~d ~er/ormed. the ~
snid purt ies oj Ihr ~rst purt hereby cou~na~il und agree to c.onr~ey ai~d assure to the suid - ;
part ies u/ ll~~ s~~•o~~d part, their heirs, ~xP~i~tors, admiui~tratora or usiigns. in _ Jee~ f
simplr, ~l~~ur u/ all inrwithran~•es ti?hafcuPr, b~ n ~uod urtd strJrfcient dttd. lh~ lot . pi~c~ ~
or jxrrrrl o/ la~~d, situatPd i~i Ihe. (:uu~rty o/ St. Lucie S ~ o/ ~
Florida k~iow~i und descri6ed us jollows':~tb~eY~f~~~-~ ~ `
Lot 20, Block 5 SILVSR LAKS PARR SUBDIVISION, as per plat thereof on file in Plat `
Book 10, Page 4, of the Public Records of St. Lucie County, Florida.
SUBJBCT to reservations, re~trictions, easements and rights of way of record.
SUBJBCT to mortgage from H. L. Spencer and Cress~,e M. Spencer, his wife, to First
Federal Savings and Loan Association, For•t P~rce, Florida, dated June 21, 1973
recorded OR Book 215, page 2046 of the public records of St. Lucie County, Florida, '
in the original principal sum of $9,200.80 of which parties of the second part q
herein assume and agree to pay. 1
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cu?d th~ saicl parQes O~ ~IIP SPCOnd part her~by couPnant uird «grPr• lo ~xi~ t~~ thP s~rid '
~ wsrf ~~g !~a ~
~r/ ~::r/ /ha ~:f~; g~ yY~YYY•LY Dollars• .
i~r llr~ mctnr~er ~ullotui~ig ~ '
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$65.00 on the 20th daq of each month commencing Januarq 20, 1974; parties of the ~
~ first part herebq acknowledge receipt of payments for 3anuary 20, 1974 ~hraugh ~~xtt
including June 20, 1974, next paqment due July 20, 1974, until fully paid at which
time parties of first part herein will surrender deed in fee simple
iuilh inl~•rrs! ut !h~ rctlP u~ 5.25 p~r ce~ntum per unnum,~ included in payment ~
. u pay ull lctxrs. assrss~n~ttts
I ur imposilions tlu~t mu~ be /rya[ly !~•uied or imp~,srd upon said lu~rc! subs~~qi~~n! lu lhr J~ur ,
1973 ,«nd to ~et~p th~• huildings trpou suid prPmis~s
i?1surPd in somP ~ompcu:y sutis/u~tory tu IhP ~.arlies u/ thP rrst pcrrl, cu~d ~x~yublr /~r thp parties.
~ rPSpe~~iur•!y as thPir interesls may upprcir, in u sum ~rol lPSS Iha~t
i Fifteen Thousand ($15,000.00) Dollc~rs
E durir~ry 11~~~ t~•rm v/ ll~ix aJr~•e~in~~it[. ~1 ncl in ruse u/ ~uilrtrr u/ Ih~~ scricl pnr! ies th~~ sr~•u~id ~xtrl
~ lu uuiRr ~u~~~ o( llrr pu~/~n~nls or any ~~url Ih~~rru/. ur fu prr~ur~n cu~,y u/ !h~ ~-ournanls on their
~ purl /r~~r~•h?~ in~ulr nn~l ~•~ilr~r~d i~tto, this raiitrurt sh~rll. al !!r~ ~~pliun u~ Ihr 1K~r/ ip~ u/ fhr /irst
3 purl. hr ~ur/~i/~~d crnd Irr~nincr[rd. al~d !h~ purl ies ,~•~•~~~rd pur/ ,hal! ~or/~~il «ll pc~Jme~tts
~ uurdr hy them u~~ this runtru~t; and s~t~h p~rym~~ils ~lru!! h~ rr~luir~~d hy th~ xziid ~xrr! ies
o/ ll~~ /irs( purl i~~ /i~/1 scrlis~u~•lion «nd liquidution v/ ~~l! c/umagPS by . ~lila~!- stt~tui~iPd. uitd
~ thF said pnrtles o/ tler ~rsl part shcrll hcrue tlr~ riyhl lo r~~-~ntpr and lo~P possesaioi~` Of the
pr~misrs u~ure~suid ~vitl~o~it 6ri~~y liabte lu uny uc(ivre lhPre/or.
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~ ~t ~s ~utuatly ~Agreed, hy und h~~t~n~•~•ir lh~~ p~~rli~•s h~•rPlo. U~ul tl~r tint~ u ra#~tr Jxifmrnt:.
- shc~ll hF ~n~ r•ssr•~itiul l~urt u/ Ihis ru~itrart, card Ih~d ~~Il ~•~~nPiiu?tta tt~:d a~JrPPntpnts~~Pr~.~~~ r,~u:luiur~ ~
y ~ +l~ul! ra•l~ii~l lu u~rcl hr obliJalury upun Ih~• hrirs. ra•rrttl : trdminisfrnMrs°crr~d ~~?~t~ a~~f~tt~:rt~'~--, ~
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A sprrliu~~ purti~~.. - _ ~ ~
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= ~n ~l~tness ~hereof~ Thr prn•fi~~, lu 111~~,~~ pr~~.r•~rl. hitnc• h~~r~•uiflu srl 1/rPir /u~~+cls u~id seuls
Ih~• dny uru( ,y~~ar /irxl abuuc ~i~riltNn. ~
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X ~ prpsrnce o~: .f ~
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~ Addiru C.M. Spencer . ~ _ ~ , : ' • "
~ 714 Palm Ave i~' kOTARY ?(i6:tC STA*L Of Fi0 . A AT tARGE ;
~ . O _ : ' M /MlSS ~N EXPt..c_ MtY lY. 19T8 .
C k Pierce, Fla bNDEO iMIiU iFNEfu~t It15l:RANCf UKDERM~ftfR! '
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