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HomeMy WebLinkAbout0623 ~ ` ' ~ y ~ ~n~ 315~?4 °uc a~ pNn~ n~u? ~ a i~~~ w~wR a~ow~. st ~ ca. Fu , . p,,~ p~01AT ARTICL6S OF 11GR8SM~NT W?DB THIS ~~ay of June, fn the year of our Lord, One Thousand Nine eundred a~nd Seventy-Five, B8~5SN ~IRY BOtli~l and VSRA BOUW, his wife, parties of the firat part and CH~RLSS SCRO and BLIZABSTH M. 3CR0, his Wife, pa~rties of the second part, ~wwRe:a.~ as,~ ` 1~ w}:~ 5^; ri rort~ sa n~ tll@ second part ahall first malce ~1e t~~?a~~~NVY~~~~ M~~M a ~ payments and perform the covenants hereinafter mentioned on their part to be made and performed, the said parties of the first part hereby covenant and aqree to convey and assure to the said parties of the second part, their heirs, executors, adainistra- ~ tors or assigns, in fee simple, clear of all incumbrances whatever, by a good and sufficient deed, the lot, piece or parcel of land, situated in the County of ~ ST. LUCIS, State of FLORIDA, known and described as follows,to-wit: - .3 ~la~- ~~o - a 'a LOT 29, BLOCK 9Z, S~ION 1i, ~xT Si . ~,u~:i~ S SI , acc inq ~ to Plat thereof recorded in Plat Book 14, at paqe S, of the Public Records of St. Lucie County, Florida ~(i . . and the said parties of the second part hereby covenant and agree to pay to the said - parties of the first part the sum of THIRTY SIX THOUSAND FIVE HUNDRSD DOLLARS, in the - manner following: $3,000 includinq the deposit of $1,000 and $2,000 on execution, with the balance ofS33,500 being paid as follo~vs: the am~unt of the existinq nwrtqage shall be deterained as of July 1, lyl5 and the purc'naser si~u~. make all subsequent mortqaqe payments from that date. The purchaser shall further pay the balance due over and above the mortgage on or~before July 1, 1979 with interest payments at 9s on the unpaid balance, beinq due and paysble on .July. ~ 1, 1976 and on Jnlp lst i of each year thereafter until the principal balance is paid. In addition to the above set out payments, the purchaser shall pay the real estate taxes and insurance i € on the property. Said amount shall be paid at the rate of 1/12th of the amount due I f R each month, to be held in escrow for application to these payments. € F _ ~ At clasinq the seller will furnish Title Insurance showinq the title to be t ~ good~and marketable, subject to the existinq firs~ m~rtqage aad to thie aqreemant. ~ The parties of the second part further covenant and aqree to pay all taxes, s ~ ~ assessments or impositions that may be legally levied or imposed upon said land € ~ subsequent to the year 1974, and to keep the buildinqs upon said premises insured ~ in some company s~tisfactory to the parties of the first part, and payable for the r g parties, respectively as their interest may appear, in a sum not less than its ~ i insurable value durinq the term of this aqreement. And in case of failure of the ~ . i ~ said parties of the second part to make any of the payments or any part thereof, or ~ to perform any of_the covenants on their part hereby made and entered into, this ~ ~ Prepared by: Hryan, Koblegard & Brawn Return to: Brian H. Bibeau ~ € ~ 6D~(~'~7 ~ ~ ~ ~ _ - , _ _ ~=~a i~ - - ~ :y'~