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~ GENERAL DEVELOPMENT CORPORATION ~~i~~~~
~ A 2828 CORAL WAY ~ MIAMI~ FLORIDA 33145 ~
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A~~E~,~?.~C~~ ~ Gt.JA ~EE _ ~
~~u~ xu FOR O/FIC! U!t O!!LY ~
~ °°'r RCE-lASE AGREEMENT ~
~ . RES~DENTtAL PROPER 74 ~ ?
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aq,+ees to purchase the fouowiag ProP~7r from ca@u
~ nevelcpmeat carpo~i • ua~~
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LOT~S~ O~ ~ BL T"~~.L FIARIDA
aeoording to the plat o~ record JIPPR1lISEQS i _
UPON THE FOLLOWING TERMS AND CONDITIONS: 1~ ~~r .~~aa' C/~o~•~'~ /
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PURCHASE P CE AND TERMS
; ~ ~ PtIRCHASE PRICE
U. S. Gtirrencp ~s~~
~ PAYMENT Pi.AN: ~ _ ~
~ -
Less Initial Payment ~ ?~NUAL (Payable in advmlce) ~
~ 3
~ SEMI•ANNUAL (Payable in adv~ce)
= BALANCE
° ~ONTHI Y - -
_ The Initial Payment is applied ~p~.~r m~ ~~qe ~ment plcm at end of
a.s lollows: period checked.
DG
' ~ as the Stcmdard ~ ;
Down Payment St~dcad monthjy payment $ ~ (U• S•) - ;
' ~ . due cmd payable by mml or in person, an the lUth 3
u as additional of each month. The unpaid balcmce shall becQ ~
~ Dbwn Payment ~ ~ - interest at the rate of 61/2 % per cmnum. ~
~ as _ Monthly Payments
~ in Adv~ce ~ `
NEXT PAYMENT D 10, 1 F
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- i' y ~'~f~TAL ~ ~ (To be filled in by General Development Corporatioa)
i
l= - Generol De"velopment Corporation guarantees to pay any and aH real prope~ taxes on this property, in accordence
with the Conditions of Purchase WI~HOUf NDDtTFONAL CHARGE, and in addition, upon completan of this agroe-
,ment. guarantees that it wilL• . .
~ •~~onvey trtfe to ffie properiy by Warranty Deed to you WITHOIlT ADDITlONAL CHARGE _
~ • Praiide you witl~ a Policy of Title Insurartce insuring your title to tfie above property WITHOUT
AODITIONAL CHARGE
- • Have compfeted the paving of streets adjacent to this property in a residentia) erea in ascardance with the
- plat thereof filed in the public records of the county in whic,l~,t~e;)a~d is.loca#ed-V1~1~-{~t1~ ADDITIONAL ~
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~ CHARGE. ~ ` " ; _f,. ; - f
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- TRANSFER PRtWiL~G~ ~
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General Development Carporation guarcmtses you the privilege to trwssfer your equity
~ in this property towc~d the purchuse of av~Iable PzoPel'tY of equad ar higher prioe in this
or ~?y other General Devetopment Ca~poratian c~omaiunlty, at e~Y time `+?ithin t1u'ee ~3)
yecas of the date of this agreement, provided the outstcmding bal~ce haa not been pc~d
in full. r fo lege to upply, it will be necesscay for all payments to be current
~ . r ~
ut the ti of trcroster. ~qwt~es in more th~ one lot may be trcuisferred only to a like num-
ber ofi t~ier .
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