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Home My WebLink About0346 DEFOS~i RI CE~P• RAMCO FONM 50 Fort Pierce _ - fIORIDA. - - - - 1977 ~~rPt~1t t~ hPrpl~~ Fit~tltltlUlP~113P~ ltf thP S1lllt ~f: Five Thousand and OO/100ths------~-----------------_Ooila~s (S ~000__00 ~ - Irom __Al1at1 Green or _assi_g__ns _ - as a depos~t on accounl of th~ purchase price of Ihe (ollowin~ descnbed property upon ~he terms and cond~- t~ons as slaled he~ein. ' Oesc~~pt~on of p?ope•ty: Zhe North 120. S feet of the East 240 feet of Lot 42 and the South 4.5 feet of the East 240 feet of Lot 43, Maravilla Gardens Subdivi.sion, ihit I, all in St. Lucie Coutty~ F'lorida. , Purchase pr~ce Ninety Thousand and 00/100ths---__------ D~la~s (s90,000.00 ~ Terms and condirians of sale: . ' 1. Cash at closing of $26,100.00, of which the deposit herein received of $5 , Q00 . 00 will be a part . ~ 2. A proaassory note from pu~chaser to seller in the airoult of $63,900.00 bearing interest at the rate of 10 per cent per aimun and payable in manthly payment oamnencing one moKith after closing for a period of six years (manthly_payments to be $1,183. 81, principal and interest) . No prepaymezit shall be allowed for the }rear of 1977; however, after 1977, p~chaser may prepay all or part of the praadssory note without penalty. Said prom~ssory note is to ~e~sectmed by a purchase imney unrtgage on the above-described property. ,~p~.,,,,~ . ~ ~ 3. Seller agrees to suborclinate to a oanstiruction loam which does not e.~weed ~,2~ , but seller will n~t subordinate to ~ry other loam~s including but not ~ li~ted to, equipment loans. DefeRed parments to bear interest at ihe rate of 10 _ per cent per annum, payable as Follows: ~ Taxes, ensurance, iMerest, assessmeNs, rents and olher expenses or revenue oF said property shall be paid, assumed or pro-rated as Fdbws: ~te Of closing. Certified liens shall be paid, assumed or pro-rated as fdlows: e o C osltlg. Pending liens shal) bc paid, assumed or pro-rated as follows: of closi.ng. _ It ~s understood and a9reed that this propeny is being sold and purchased wbjed to the restrictions and limilations of record common to the neighborhood, and wbjed to any easements for public utdities, which may ~ be of record , or may become liens through pe~ding legislation before consummation o( contrad. ~ It is agreed thal this transadion shall be dosed and the purchasec shall pay the balance oF Ihe ! P~~nOe and exec~e all papers necessary to be executed by him for the complehon of hi~ purchase ~ within days lrom delivery or tender to him of an abslrad of the said property; otherwise she sum ' ~ this day paid shall be retained by the seller or agent as liquidated and agreed damages, and the parties herelo ~ shall be relieved from all obligations unde~ this instrumenl. ~ The selle~ is to furnisl~ an abstrad showing his title to be g ood and marketable and or insurable, but in ~he ~ event that ~he ti11e shaN not be found good and marketable, the seller agrees to use reasonable dil~gence to ~ make the said tille good and marke~able, and shal) have a reasonable time Io do so, and if a(rer reasonable di- I~gence on his part said title shall not be made good and marketable within a reasor?able time, the seller shall return the money this day paid and all moneys Ihal may have been paid to him under this contrad, and there- upon he shal) be released from all obligations hereunder Or, upon request o( the purchaser, he shall deli~er the ~~tle in ils exisling cond~tion. ~ This contrad shall be binding upon bolh parties, the seller and the Furchaser, their he;rs, executors or as- ~ I signs, when approved by the owner of ihe properly - _ _ abo~e described. , Broker ~ ~I gY - - - ~ i t. o~ we, agree to aurchase the abo~e described property on the terms and cond~hons stated m the iore ~ go~ng mstrumenl. ~ w~~~s: - - - C ' - !Seali ~ ~ - - - Seal; ' - ~ - ~ or we, agree to sell the above mentioned property F~ _ ed~haser oY'e'1~3mOO~iporstl = dihons s1~d in the a ~e inst u ent. F w.,,,~ss ~ - ~ - --~~'~d~--~ - BY • - - - - - 'Seal • ~ ~ s ` ~ ~ - 'Seal; 3 - _ ~ I, or we, agree to pay the above si9ned broker, a commission ( r ~indmg a purchaser for the abo~e p?op- ~ erty, fhe sum o( Dollars (S _ 1 or one- halF of the depos~t, in case same is forfeited by purchaser, provided same shall no~ exceed the full amount o( ~ the commission ~ , ~ - - - - - - !Seal1 ~ w~~~: - - _ _ - ~ f - - - - !Seal~ : ~ ~ OCK PACE J~ ~ -f: ; Y : , - - - - _ - - - ~ ~ ~ ~ ~ • ~ ~ ~ . _ '