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HomeMy WebLinkAbout0028 . ~-;U c ~ . r. ~ , ~ ~3,i( j1 0 ~ ~ RECEIYFp r ~ ,~.s ~N PAYMENT OF TAXE~ . DlE ON CUISS'C INTANGfBLE PERSONAI PROPERfY~ ~~T ~0 CFIAP'iER I1-131, ACTS pF 1SIJ1. AOCER PORRIIS , r ARTICLE OF AGREE~':ENT ~~R ~T~ sT• ~~E o0. ~ ~ MAD~ this 1 day ofLctober , A. D. 1976, betraeen MAJOR EXCAYATIIVG C0~lPANY, INC., a Ftortda Corporation, purty of the ftirst part and Joseph Wildman and Josegha V~'ildman ~ his wife parties of the esoond part, 2p3 19th St. S. W. ~ Vero Beach. F?a. 32960 t? I T N E S S E T 8 TBAT if the aaid part iesof the aecond part shaZZ firat ~takt the pay~nsr}ta and perform the covenanta hereinafter raentioned, on thetir part to bs nrade and performed, the aa~d party of the firat pctrt hsreby covsnanta and agreas to convey and assure to the aaid part iPSOf the second part, their heirs, e~ecutora, adminis- tratora or asaagns, in fee simpte, ctear of att ert~umbranoea, by a good and euffictient Deed, the Zot, piece or parcet of Zand, situ- ated in tAe County af St. Lucie, State of Ftorida, kno~n and described as fot tor~s: - . Let b. Alock 1~ Green Acres Unit Three S/D St. Lucie C our.ty, ~Iorida r~~ursE~~s ~ / `~~o-- 70~ - D~O~- ~C?6 S I3SF OH~.° . / and the aaid parties of the second part hereby covenant and agree to pay t,p the ~arty of the firat part the sum of Five Thousand One ~ :?ur.dred Twen~~ 5125. ~4 r~ith interest from date at the rate of e g~ x) per annum as foZto~s: l~it~. Hal. as of 10-?-76---$48~6.8E ~10.00 OVC a~~~amed from Ni11is (s 1G.00 O.V.O.upon the signing of this Agreement, the receipt ~uhereof is hereby acknor~ledged, and the batanoe as foZZo~a: Forty !Yine Dollars and I~ inty Five Cent~ S 49.95 1 per month on the first day of each month thereafter, beginning A~ar . 1 , 19 7~, untit the r~hote be futty paid. . , Each inatattment ahall zrat be a Zi n 'i ed o the a ment o i i f pp p y f nterest and then on the unpaid baZance of the principaZ sum. ~ I . ~ On any inatattments rahich ctre not paid r~ithin seven ( 7) duys ~ from due date it is o tzonal r~ith art o the zrst ~ p p y f part to charge parties of the second part a Five Dollar (S ~.00 ) penalty aharge on the Zate payment. i 9aid partiPS of the second part hereby covenant and agree to pay att taaces, assesements or impositions that may be Zegatty Zevied or imposed on said Zand subaequent to the year 19r71. Second parties, also agree to pay att costs, chargee and expenses, Zamyer's fees and titte searches, reasonabty incurred or~paid by the first party ~ beaause of the faiture of aeaond parties to promptty and futty ~omply ~ith alt aonditiona and eovenanta in this Agreeme~tt. In the event ` second parties fai Z to pay, rahen due, any tcrses, assessments, or other suma of money payabte by virtue of this Agreement, first party may pay 8ame ruithout ruaiving or affecting their option to forectose thtis Agreement, and aZt sueh paynrenta shaZl bear interest from date thereof at tho. highest rata then atloraed by the Lar~e of the State of Ftorida. ~ , ~ If any eum o money herein referred to be not promptty paid ~ith~n thirty ( 3~) days neaet after the same beaomes due, or if each and every one of the agreem~nts, stiputations, conditions and aovarsanta of this Agreement are not futty performed, compZied ~ith j and abtided by, then the entire unpaid balart~e of this Agreement shatt ~ forthmith and thereafter, at the option of the firat party, beeome ~ due and payab Ze and the estate hereby ereated in aeaond partt~. , ~ ahaZt csass, terminate, and be rcuZl and void. Furthermore, this Agreament ehatt, at ths option of the party of the firet part, be forfsit~d and terminat~d, and th6 part ies of the 8eoond part.ahatt ~ forfeit alt paymente made by them on this Contraot; and sueh payments I ahatt be rstained by ths eaid party of the.first part in futt : ~ ; .