HomeMy WebLinkAbout0166 ~
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ehe~ll deliver to th• Parchae~r a f~~ aimpla titl• to eaid realty, j
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by etatutory r~rranty deed, fre• and cl~ar of all liens and i
encumberancee, except for zoning en3 other govsrnm~tal regu-
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lations and euch reetriatione, easements and reservatione as ~
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~ may appear of record in the Abstract• of Title being deliverod ` #
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to the Purchaesr prior to the cloeing hersof. ~
~ 10. Time ia of the es8ence of this Agreement. In the ~
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~ event Parchaser fails to make eny p~yments required by the terms
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of this contract at the time the same falls due and prior to ~
t; delinqusncy thereof, including inetellment p~yments to the Seller, j ~
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' taxes, a8sea~nents and insurance premiume, end if such default ;
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continuee for 15 days after ~vritten notice t2iereof, Seller at ~
' their option may s
A. Declare a forfeiture of Purchaser• a ri~ts here- ~
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under and cancslla.tion of this contract. On euch election, ~
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all right, title and intereat of the Purchaser hereunder shall ;
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cease aad determine and all pa~ymente therefor made by Purchaeer `
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~ shall be retained by the Ssller as liquidated damages and as ;
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I : rental Yor the use and occupatian of the property. - ; ;
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{ B. In lieu of declaring a forfeiture, accelsrate and :
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~ ~ bring en action for the ba.lance oY the purchase price remaining '
~ ` due, or for any other relief available in law or equity, includ- ~ ~
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ing euit to recover any payment or peymenta made by the Seller ~ '
and repeyable 'by the Parcha.aer hereunder, it being stipulated ~
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: and agreed that snch obligatio~ to re-pqv is a separate end
independent covsnsnt of the Purchaser. Ho action to recover any
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; payment or paymente so made by the Seller shall constitute a
rraiver of their rights to proceed other~viae ~rith respect to any ~
~ subsequent default.
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~ C. No waiver by the Seller. of any default of Purchaser i
~ shall be construed ae a rraiver of at~y subsequent default.
~ F{a.~.;a H. c~ia~„o~ : 11. The addreasea of the respective parties are :
ATTORNEY-AT-IAW
~785 Mom~npsids BMd a$ 1~11~NBi
~ t. St. Lucie, Flo. 33t52 " •
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~ a~Z67;~ ~
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