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• Tbe partiea hereto being R. B. SLAY, JR., and BBT1R J. SLAY, hie wife
referred to hereinafter ae the SUYS and SMatY TILI~ON McPBAR and CAROLYN FAYB
McPBAK, his aife hereinafter referred to as the McPBAKS agree as follovs: ;
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' Thie Agreement cocifirms and acknovledgee a total balance oving oa a ~
Promieeo Note secured b ARTICLBS OF AGRBEl~NT dated December, 28, 1964
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recorded in O.R. Book 107 , pa8e 402 public records of St. Iucie Camty,
Florida pertaining to: ~
Lota 3 aad 4, Block S, of PINBHURST SUBDIVISION, accordiag to ~
plat of eaid S/D recorded in Plat Book 6, page 9 of the public • ~
recorde of St. Iucie Couaty, Florida. `
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Including the following: washing machine; electric stove; refrigerator; ~
3 pc. living room set; 3 pc. bedroom set; hotwater heater; waterpump; :
4 pc. diniag roon aet. ~
as followa:
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iiHERFAS the im~rovements are ia dierepair and the SLAYS have advaaced
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~ additional funds to make the eaid repairs and to protect the intereat of both
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~"~'f ~ partie8 and
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tlt {~g~S the prior balance of $2,196.11 together with auma advance, are
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ia the aggregate unpaid aum of $5,846.11,t6ia agreement confirma the last said
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balance as oWing this date and fiz,ea the su~ payable monthlq as $75.00 beginning ~
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l z~' ~ January 28, 1977, with the right of prepayment without penalty, and on the same
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day of each month thereafter until the who1e sum shall be fully paid vith the
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' i`'~ "f°`~~j~i~~~ iotereat of 8 per cent per anaum on sume from time to time o~ing, providing tbat `
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~ upon default in the payment the SIaYS shall have the option to asaess 2 percent
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~ additional interest thereon on all suma thereafter owing amd the right of acc-
~ eleration. '
:
i WITNESS the hands and seals of the above partiea undersigned thia ~ ~
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~ day of December, 1976.
' TNESS ~ ~ ~
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~ R.• E. S1ay,J . ~
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~ " ~ i~~ Betty J. lay ~
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~ ~ v~J, Sammy Ti n Mc eak
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~ _ Carolya aye McPe ~
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