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Home My WebLink About0174 ~~~a~~~'~~~~~~~~~~~ : ~ ' LAKE LUCIE ESTATES, INC. ~ 10l0 NORTHEA8T ~lh STREET - MIAMI, FLORIOA 5.113~ AOREEMENT FOR DEED y~ .~tll~? 'j3~ 1971 LAKE ~UCI~ GAROEN8 _ ]~[+91~ ~ Date V~~~ Acn~, ea a pan a Fik No. a ncord~d Plat. ~iialt~~r K. Mwaaats ~ 1tid~liu~ L. l~usa~t~ - ~ Z00 Etill load : i L~nd~~r, Md. - ~ : ~ S~at. Z6 T~c. 60~ al. 3~ mpY fafter c i~a~~~r"~~cribsd in attac~d ~ f~'~} Ar.r~a ~chibit A: ? ~ Gentlemen: I wish to purchase land in Lake Lucie Gardens. i FULL PURCHASE DOWN PAYMENT' MONfHLY FIRST PAYMEN~' ; PRICE INSTALLMENT DUE ~ (Included 696 lntercst) . a . . . 7995.00 . . . . . . s . . . 8~ :4~ . . . . . . . . . s . . .BQ..?00 . . . . . . . . . ~ $uptaob~r. l, .1971 ~ All payments should be made by check or money order payable to Lake I.ucie Estates, Inc.. P.O. Box 24, Opa-Locka. Florida 33054. # LAKE LUCIE ESTATES, INC. r,~ GUARANTEES ~ I. RFFUND Purchaser may cancel this contract for any reason within 30 days from the above PROVISION date and rece~ved full refund of all monies paid herein. I~ addition, within six ! = months of above date. if this Contract is not in default, the Punhaser may • i °fr~~~ ~ pecsonally take a company guided inspection of the area. and if not entirely satisfied, he may at that time. on a form prnvided by the Seller, request and ~ recei~e a fu11 rat'und of alt monies paid herein. 2. NO HIDDF.N COSTS All paymcnts ta the Seller are included in your down payment and monthly payments. 3. NO CLOSING COSTS There are no closing costs. Purchaser will pay only for documentary stamps and cost of recording the deed. f~ ~~~y~ 4. EXCHANGE At any timc prior to the dclivery of the deed, purcfiaser shall have the right to _~.=:i PRIVILEGE exchange or trade the above-described paicel toward the purchase of another avail- able parcel of equal or greater price. ~ 5. WARRANTY DEED- Upon paymcnt in full, a warranty deed to your property will be issued to you. 1NSURABLE TITLE 6. PRE-PAYMENT At any time, you may make full or advanced payments on your property without PRIVILEGE penalty. ~ GENERAL CONDITIONS Upc~n acceptance the followingwill apply: i' This Contract is subject ta conditions, restrictions, limitations and easements of record. zoning, building, health, sewage disposal and sanitation regulations and laws of the State af Florida and all governmental agencies having jurisdiction thereof, c=-~-~~ and a reservation by prior owners af all oiL gas and minerai rights. Upon 14 days written notice, this Contract shall be in default if a payment remains unpaid for at least 60 days (if 1096 or less of this Contract has been paid or at least 90 days ( if more than 10% but less than 25% of this Contract has been paid), or at least [20 days ( if more than 2Srlo but less than SO% ~f this Contract has been paid), or at least 150 days (if •r-:3' more than 50% of this Contract has been paid). Payments shall be applied first to interest, then to principal. !n the event of defaul~ the Contract may be cancelled and in such event the payments thereby received shal! be kept and retained by the Seller as liquidated damages. -'a Purchaser acknowledges that this property is not purchased with the present intent that it will become the purchaser's prin- _ _ ; ~ cipal residence. j Purchaser will pay only for documentary stamps required by law and for recording costs of Deed. Taxes will be advanced i by Seller for purchaser's account and repaid annually by Purchaser with interest at the contract rate: ~ Posscssion of the property and proceeds therefrom are retained by the Sellet until final payment of this Agreement is made ~ and Purchaser requests possess~on. ~ lf 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. T There shall be no personal tiability on i~urchaser to make the payments required hereunder. f _ Purchaser acknowledges that he has received a copy of the Florida Offering Statement and the disclosure required by the Truth-In-Lending-Act. " If the Purchaser does not receive the Property Report as prescribed by the Ofi'ice 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 Property Report as prescribed by the Ot~ice of Interstate Land Sales Reg~stration less than 48 hours before he _signs this Contract, ~-_a~ the Purchaser may revoke this Contract within 48 hours after signing it. -~j THE PROPERTY DESCRIBED HEREIN CANNOT BE CONSIDERED USEFUL FOR RESIDENTIAL OR BUILDING ~ PURPOSES. IT !S BEINC OFFERED AS UNIMPROVED ACREAGE, UNSURVEYED, WITHOUT ROADS, DRAINAGE, OR OTHER IMPROVEMENTS. EIGHTY PERCENT OF THE PROPERTY IS SUBIECT TO FLOODING' DURING THE.~ ~ RAINY SEASON. ST. WCIE COUNTY~CURRENTLY WILL NOT ISSUE BUILDING PERMITS OR ARE THEY OBLIGATED TO PLAN, ~ ~ r:~ CONSTRUCT, OR MAINTAIN ANY IMPROVEMENTS. ~ ~ P U R C H A S E R( S) A G R E E S T O P U R C H A S E T H E A B O V E- D E S C R I B E D P R O P E R T Y U P O N T HE TERMS AS ~ . 3~:~ SET OUT ABOVE. (If name of spouse is to appear in deed both ~ APPROVED: LAKE LUCIE ESTATES, INC4;~;:~~~+'~~n,,,;., _ husband and wife should sign.) .t~_'-.. - ~~~':,r X / i . . . urchaser) ~ • i ' ~/V B .t~' . . . . . ~ a;~;;; r,=•':_I • ~(a nGu.~.+.~ pt. ~IK~-y' ` . .~.~(Purchaser) ~ ' f . _ • • : ~ - , . . . . . . . . . . . . . . . 1~~~1~X'~~ that on above- J~~ '~igoin~_,t~is Guaranteed Agreement for Deed personally ap- ~ pe~et~~itfar~ ~e ~'~knowl~ed~ that the~inir~~ff~B ~~i~d for and in behalf of LAKE LUCIE ESTATES, IAC. aa an`d~ qt ~c., ~ i~f~ 4~f~ ooiporation. ~ ,;l; ~ . ~"p,'~~~~ ~ ~ ~ ~ g . . . . . fLORIDA.O V AtiD• SAlf.t• 6QdP: ' da. A ent: ~ ~I.OPMEHT ~ A t_ t~ef~e me,at Miami. Dade C-~`bitb~j~?'fitot~ ~ tl' ~ . ~~L:~:=:ti~'t. , FOLIO NQ.. ~ - ~ • ~''J~' . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~ ~ ~ ~~•r blic. State of Florida ' ~ Q - . . ~ 1M~E~u ~~~~~~i~~ m~N.o~rcd by: ~IARVIN COWAN ~ ~ ~ ~ARY PUBLIC. STATE M Fl0 ~ 1-l 1090 N.E. 79ih Street My Co~uni~slatl "Y~s: Y• ~ ~ COYMJSSION E VIRES ZZ Miami. Florida 331~ ~ ~3'~ ~r - ~ ~ ~ ~ r ~ ~ .~d r,. . , - ~ ~ ~ ~ ` i ~w~~~fi~~~~~ ~ ~ z ; _ . ' ~ . ~