HomeMy WebLinkAbout2814 1?RTiCI.EB O~' a1RiREalt]~iT - pa9• 2.
lLan D~cemb~s 31, 1973, in order !or S~cond Partiea to ba ~t?-
titl~d to claim hom~~t~ad exraption. °
3~cond Parti~~ aqro~ ko pay all tax~a, a~sess~nta os
imposition~ v~ich iaay b~?~isqpoa~d aqaia~t the prop~cty tos aay
typ~ ot improv~m~nt• made by any public body which result in an
aes~s~ment bainq izqpo~~d aqafnst tti• prop~rty.
Second Partis• further agree to kNp tha buildinq~, ~
or h~raaft~r on eaid 1~?nd, in ~ood repair and tully in~nr~d in a
aum not less than the maaciawm insurabl~ valu', in a company or
compani~s acc~ptablo to Fir~t Party, tba policy or polici~~ to •
b~ held by and payabls to Firet Party and, in the ovent aAy su~
of m4nay becom~a payabla by virtue of said insuranc~, First Party
aball have the riqht to r~ceiv~ and apply th~ esa?m~ to th~ in-
dabted:ia.a hsraby secursd, acoountinq to Sscond Parties !or any
•urplus.
Second Partios aleo agre• to pay all coats, charqe~, ex-
'i pensea, lawyar•o fase and title aearchea reasonably incurred or =a
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' paid by First Party because ot the tailurs of Sacond Parti~e to
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~ promptly~and fully comply with alI coaditione and covanants in
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~ this aqreement. In the avent Second Partias fail to pay v~h~ du~
any taxes, asseeement., insuranca premiume or other sums of mcnsy
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~ payab~le by virtue of tbis agrs~nent, Firet Party awy pay the ~a~ ~
~ without waiving or affectinq her option to forecloae this aqree-
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~ msnt, and all sucb payments ahall bear intarast from date th~r~o! ~
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i' at the highe~t lawful rate theti allowed by the laws of the Stat•
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ot Florida.
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~ If any sum of ~ney refcrred to be not prvmptly paid
y
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~ witbiu thirty (30) daye next after the eaa~e becomes due, or if
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~ each and ~vary agra~t, stipulation, conditiron and ooves~aat of
T~
~l
~ LAW OFFICHS O
~ WILLES, BITTAN ~ WILLES
P. O. BOX a0Y !
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~ ~ wORT rl[RCt. FLORIDA ii460
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