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~ ~ ~J LAKE LUCIE ESTATES, INC. ~G ~
1090 NORTMEAST 79M 8TREE? - MIAMI, FLORIDA ~.113i
AGREEYENT FOR DEEO
July 23. 1971 ~~'~7~ ~UCIE GARDEN8 x{•f~l~f)
Date ~~Unimp?°vtd
Aneord~d Pla~ ~ p+~ °t File No.
,
~ ` ~ ~M MYMENT OF TA1cQ~
~lalt~: I~luas~u?t~ ~ Madsliu~ L. l~lusaaaC~ ouE o+~ a~s ~ ~NT,ws~e~
20a Hil~ ~o~?d ruR,s~wr to cwwr~ ~l.l~,
~ 1~~
rX,~
Landovtr Nd. ~
~ . ~osat romo~s
c~pc a~r oo~pn~ sT wc~ Fu
i hereafter call d" urc~s er"
. ~ct: 26 'i'r. 604 Dl. 3 Aa sora part~ciu~larly dt~cribsd in attachsd
~Ii~ Acr~a s~chib t A.
Gentlemcn: I wish to purchase land in Lakc i,ucic Gardens.
FU[.L PURCHASE DOWN PAYM6NT MONTHLY FIRST PAYMENT
PRICE INSTALLMENT DUE
(Included 696 Interest)
. ~ s . . . ~~9S..OQ . . . . . . s . .~0...~0. . . . . . . . . . . s . .7.0. ~0 . . . . . . . . . . . Stpx~~s. .l, . .197
All payments should be made by check or money order payable to Lake Lucie Esutes, Ina. P.O. Boa 24. Opa-Locka. Florida 33054.
LAKE LUCIE ESTATES, INC. `
s_~
GUARANTEES
I. REFUND Purchaser may cancel this contract•for any reason within 30 days from the above
PROVISION date and received full refund of all monies paid herein. ln addition, within six
,;4;;4 months of above date. ~f this Contract is not in default, the Purchaser may
personally take a company guided inspection of the area, and if not entirely
- satisfied. he may at that time, on a form provided by the Seller, request and
~..~r~ receive a full refund of aU monies paid herein.
= 2~ NO HiDDEN COSTS All paymcnts to the Seller are included in your down payment and monthly payments.
3. NO CLOSIIvG COSTS There are no closing costs. Purchaser will pay only for documentary stamps and
cost of recording the deed. . }
1 4. EXCHANGE At any timc prior to the delivery of,the deed, purchaser shall have ihe right to ~
PRIVILEGE ~xchange or trade the above-descnbed parcel toward the purchase of another avail-
t able parcel of equal or greater price.
S. WARRANTY DEED- Upon payment in full, a wananty deed to your property will be issued to you. '
INSURABLE TITLE _ ~
: 6. PRE-PAYMENT At any time, you may make full or advanced payments on your property without
PRIVILEGE pena~ty.
GENERAL CONDITIONS
Upon acceptance the following will apply:
This Cantract is SUbject to conditions, restrictions, iimitations and easements of record, zoning, building, health, sewage
, disposal and sanitation regulations and laws of the State of Florida and all governmental agencies having jurisdiction thereof, _
- F and a rescrvation by prjor owncrs of all oil. ~as and mincral rights.
- Upon 14 day~s written notice, this Contract shall be in default if a payment remains unpaid for at least 60 days (if 109b or
' Icss of this Contract has been paid), or at least 90 days (if more than 10% but tess than 259'0 of this Convact has b e en
paid), or at least 120 days (if more than 25% but Iess than 50~/0 of this Contract has been paid), or at least 150 days (if
I more than 50% of this Contract has been paid). Payments shall be applied first to interest, then to principal.
E In the event of default, the Contract may be cancelled and in such event the payments thereby received shali be kept and
~ retained by the Seller as liquidated damages. .
~ Purchaser acknowledges that this property is not purchased with the present intent that it will become the pucchaser's prin-
~ ~'y cipal residence.
Purchaser wil! pay only for documentary stamps required by law and for recording costs of Deed. Taxes wilt be advanced
by Seller for purchaser's account and repaid annually by Purchaser with interest at the contract rate. ;
Posscssion of the property and procceds therefrom are retained by the Seller until final payment of this Agreement is made >
; and Purchaser requests-possession. t
If any monies have been transferred from another Contract to this Agreement, said monies shall be deemed to have been
paid pursuant to and be subject to the refund provisions of such other Contract. ~
There shall be no personal liability on Purchaser to make the payments required hereunder.
Purchasec acknowledges that he has received a copy of the Florida ORering Statement and the disclosure required by the
Truth-in-Lending-Act.
If the Purchaser does not receive the Property Report as prescribed by the Office of Interstate Land Sales Registration in
_ advance of or at the time of his signing this Contract, then he may void this Contract. If the Purchaser receives the Propecty '
Report as prescribed by the OfTice of Interstate Land Sales Reg~.ctration less than 48 hours before he signs this Contract, ~
~ the Purchaser may revoke this Contract within 48 hours after signing it. ~
` TNE PROPERTY DESCRIBED HEREIN CANNOT BE CONSIDERED USEFUL FOR REStDENT1AL OR BUILDING :
: j PURPOSES. IT IS BEING OFFERED AS UNIMPROVED ACREAGE, UNSURVEYED, WITHOUT ROADS, DRAINAGE,
OR OTHER IMPROVEMENTS. EIGHTY PERCENT OF THE PROPERTY IS SUBIEC? TO FLOODING DURING TH£
~ RAINY SEASON. s
- ST. LUCIE COUNTY CURRENTLY WILL NOT ISSUE BUtLDING PERMITS.OR ARE THEY OBLIGATED TO PLAN,
CONSTRUCT. OR MAINTAIN ANY IMPROVEMENTS.
~ : PURCHASER(S) AGREES TO PURCHASE THE ABOVE-DESCRIBED PROPERTY UPON THE TERMS AS
~ SET OUT ABOVE. , (If name of sgouse is to appear in deed both
APPROVED: LAKE LUCIE ESTATFS, INC. .1 hus and wife should sign.) ~
~ . _Y^f / ' ~ ~ . i : t~ r~l,•/'' i ` , . 0
~ • c,~ ~ • `F'r ` X . . .^'--••.t'-: • 1' . . . . . . . uiChase[)
~ ~ B ~r --1r! • . . ~ . ~ . •
_ • • i ~~!'~7 . - ~ L~~G.-~-C ~
~ ~~,~-`~,l~
,~~:t~; *l~jf, . ~ i~~'i~p~~. ~~~..l.lf~ . . . . (Purchaser)
~ =i t H~'s~t~8~'.~+~R~ af.on the above t!e t~-Officet s~grott~Hits Guaranteed Agreement for Deed personally ap-
_ ' pea~ "~rp ~ ~a~ ~vledged that tite~tJ c~~ ~t' e' for and in behalf of LAKE LUCIE ESTATES, 1NC.
~ _ _ as~l~~~~[ mt~oration. - ~ ~ F~'~ FLOR
~ ~ A~iI~j~ ~ at A~i~mi, ~l~d~~zt, ~ Agent: . . . . . . . . . ~OA DEY~lRP1~if,F1T.11Ng SflLlS .
_ , i:'u~.i~'
~ - : . . ~ ...FOLIONO .
, . a.` 3ta1e of Flprid~~ This instrument prcpared by: MARVIN COWAN .
~ T~ My ~qiK~ ~ Nor~qy ~'1 i ~ Q~~ ~Q~ 1090 N.E. ~9th Street
~C. STR7E of F10~1pp a t F V
~ '•=:Ft~°~Q'.~.ti~~•` Ary COM ~ O H Miami, Florida 33138
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