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~ Tiiis Aare~~i~nt ent::red into .thc day oi J'Ull@~ 1975 uy ~
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and betwaen WILLI~1.~; J. Ci1~VA;.IER, _d/b/a Russ:,'~cis Liquors, 3U9 Ov~:?broo'~c Drive, '
~~?ort S~. Lucie, Flori~~ 33452, hcreinafter referred to as ti~e firs~ party; ,
. and ;.auren I?L ~e2ehai~t as agen~ for Lauren ~f. llcluianC and Du: theo '
~Delehan[, hi~ wiie, b31~ Cortlana, Allci~ Park, Michi~;aa, hereinafter rei~~ce~ to
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as second parties, upon the followin~ terms and coauitions:
1. ine first party agrees to sell ann the second parcizs abree to auy ~he
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~ businass l:r.own as "~Tussakis Liquors" located aC i12 Depo~ Drive, rort ~ ierce,
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'~St. I.uci~ County, Flori3a, the sale shall include the good will, all s~oc'~c ar.d ;
inventory ~of tha business and all parsonal property locatcd o:t the pr~c:.isc:~,
.includ:ng the liquor license 7 COP 1i66-5 series 3 BPS, and the real es~ate
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~ located in Fort Pierce, St. Lucie County, Florida located at the above address
and described as: `/G S~ j
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Aaron Lee's :iap of Fort Pierce, Block H '
of Lot 8 S 9 as per plat thereof recorded
in Plat Book 1, page 1$9 Public Records of
~ St. Lucie Cou:~ty, Florida. .
2. The price for the sale of "Russakis Liquors" shall he $93,500.00 '
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;inciuding thz inventory on hand at Che time of cZosing, the i:~ventory shaZ~
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:~be based on ~e suggested selling price as estab~ished by tr.e Liquor Eoard. ~
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' ''Tilc'' first party shall be al2owed toc~erate the liquor business un~il tne nnte
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j '~of closing provided, howeve:, that the first party and second parties s~all :
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~conduct aa inventory of the stock on June 3, I475 and reduce the iavz:~tory .
,to w:itiag, whi..h shall be si~ned by first party and second party. The ~ota~ '
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~ .;sale price of $93,500.00 shall increase or decrease according to the secoad i
•.inventory ~ada on the ~ay beiore clos~~g which price s:?all then be conpu:ed ~ 4
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s;on the aame basis as the first inventory. '
~ 3. L'~on tne execution af this Agre2ment, the second parties s'nail pay
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~ $9, 350. OC as a binder to 8. V. Johnson, Broker for bOCI'. parties, , w~r.ic:? ;
~ . sha12 be he2d in escrou u:~~il the closino of this transaction. T'c.e seco:.a. _
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~ ?ar:.ies si?all assume a first c?ortgage in the approxi~a~e anount o~ $2~,OCu.00 :
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~ ~'h~~d by Citizens Feaeral Savinos and Loan Association of Fort Pierce, Florida; ~
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~ ~ a second :~.~rtaage held by 5ertha Russakis in the appro:ci~ate a~oun~ o~ : ~
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~ _v~y~ :'$25,200.00; and a t~ird ::ortgage or 2ien for whicn tne iiquor license is ~ ~
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~ ,,,,~h„E secari~y held by tha F:~:ida Bank a~ :ort Pierce, Florida.ia the a~prox~~a~e ~ ~
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- ' a~~~unt o~ $22, G00.00. :ha 5~~o:td ?a: tias s'na2l pay. t~e balance in ~as:. d~ ; ~
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. Bo~x 242 ~A~1125 ~ ~
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