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• • ' ' T111i INiTRUMENT WAS PRCPARlD ~Y~
PHILIP O. NOUR6B ~O!'.a~2 ~ ~
ATiORN[Y AT L.AW Oi W~~
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AGR~I~NT FOH DBED ~ ~ ~
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IUDS this the lst dsy o! 1[ay, A. D. 18T4, bet~reen
11ILLIAII VARGO, 3It. and CAROLYN T. VAR~GO, his wile, parties
ot the lirst part, aad AUDAEY N. 1NLLI3~ party o! the
second part, /So ~ /~o yy /~.c,~,~ ~l~ .
VITNE33$'!'~, That if the said party o! the second part
shall lirst oake the payaents and~c•perfor~ thec•covenants here-
ina~ter mentioned on her part to be ¦ade aad perlorned, the
said parties of the lirst hereby covenant and agree to cnnvey
and assure to the said party o! the second part, in fee sisple,
clear o~ all encu~brances whatever, by a good and sufticient
Aarranty Deed, the iollowing described land, situate and being
in the County o! 3t. Lucie 3tate oi.Florida, to-wit: ~
The South 46.25 feet of Lot 9;,
All of Lot 12;
All o! Lota 1?, ZO, 81, and 24;
ALL BTsING IN BLOCK 7 0~ BSVISSD PLAT OF KEY3TONS
H$IGHT3 a6 per plat thereof on lile in Plat Book
_ 10 at page 52 of the public records of St. Lucie
- County, Florida.
and the said party of the second part hereby covenants and
agrees to pay the eaid parties of the first part the suas of .
3I% THOU3AND FIVS HUNDB~ AND NO/100 (~6,500.00) DOLLAR3
lesa a down pay~ent oi FI11$ HUNDB~ (~500.00) DOLI.ARS for
.a net o! SIX THOU3AND AND KO/100 (~6,000.00) DOLLARS to-
gether with interest frae date at the rate of per annun,
safd principal and interest being payable as follops, to-
wit:
! ~50.00 on Yay 1, 1974 , and $50.00 on June l, 1974,
and a like sum on the lst day of each succeeding
month thereafter until the full sus of ~6,000.00
~ is paid in full together with the interest of 7~
i per annuo on the unpaid balance referred to
~ above. Each pay~eent shaZl lirst be applied to the
[ unpaid interest and then to the principal. Privi-
! lege of prepayvent on any su~ on principal is
~ granted without penalty.
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~ In the event this contract is assigned without
~ the written consent of the sellers then the lull
~ unpaid balance of the obligation referred to
above shall beco~e due and payable. In the event ~
anyone other then the buyer occupies sai~ pre~ises f
~ for more than one week, the lull unpaid balance ot ;
` the obligation referred to above shall beco~e due ~
~ and payable. ;
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AND the party of the second part hereby further cove nants ;
~ ~ and agrees to pay promptly when due the prindpal and interest =
~ and other sums of money provided ior in this agreement; to pay ~
all and singulsr the taaes, assessmentg, levies, liabilities ~
~ y obligations, and encu~brances of every nature on said property; '
u to per~3t, cos~eit or sutfer no waste, i~pairment or deter-
~ ioration o~ said land or the isproveaents the reon at any
~ o~ tiaie; to keep the buildings now or hereafter on said land
x ~..Q tully insured in a su~ not less than the amount remaining fro~
~ ~ ~ tise to tise unpaid in a canpany or coepanies acceptable to
~ •E the parties~f the tirat part, the policy, the policies to be
~y~ o held by, and payable to, said partieB of.the first part and ;
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~ ~ ~ STAT-E ~ F FLOF?, Cl~, ~
~ ~ = D4CUMENTARY STt,{t~p T~,; ~
; j-' GE?7. OF REYEfii/E - gO~K~ ~~~w t
3 "~n ~ r~~.z~•75~=~;~' 0 9. 0 0 1 ~s PAGE u
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