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Home My WebLink About0397 ~1,6~0 ST-39, 720 M0~'~d ~ Ml~k aT~11N This instrument prepared by: Richard G. Gretnley p~p~~M~N~~~h~W~ 25~8 Palma Sola Blvd. hx~wntToCh~pA~t71,134~,~ol~Ofiqi. Bradenton, FI. 33505 ~ ~ HIDDEN PINES ESTATES 8..`_ ~ a«~a~c~,~.t~a?.N.. AGREEMENT FOR DEED ~ 3•~ THIS AGREEMENT, made and entered into thu . . ~.6. . . . . . . day of . . . . . . ~Y . . . . . . . . . . . . . . . . . . , 197 .6, between HIDDEN PINES. IN~., hereinaher called "Selle~' and . . _ . . . . .Ri~hard. .8.... Pol~o.ck . ~nd. .I.y.inn. .0... . Po~.l~o.ck. . . . . . . .(h~.s. W~.f~ ) . . . . . . . . . . . . . . . . . Name . . ~ 50.4..Ixoria. Ave. ..........St...L~cie....... Address County . . . _ . .FG.. . P~er.ce . . . . . . F].or.~da . . . . . . . . . . . . . . 33_4.~0. . . . . . . . . . . . . . . . 465-.5$03 . City State of Domicile Zip Code Telephone . . '.4~'~' ' ' hereinatter called "Buyer". , ~ • r c . ~ _ . - = - WITNESSETH: - . ; . ' ~ , ~ ~ U Buyer hereby agree~to buy, and selle~ agrees to sell, the tollowing described real property situate. lying and being in St. Lucie County. Florida; Lot in Block in Hidden Pines EstaEes all in section 23, Township 35 South. Range 39 East in St. I.ucie County. Florida. Subject to the following terms and conditions: 1 2 3 a. ~5 '6. CASN i UNPAID BALANCE t TQTAL OF DEfERRE~ ~ CASM DOWN ' OF CASH PRICE ~ FINANCE i PAYMENTS ' PAYMENT + ~ PRICE PAYMENT ' ~Amount Financedl CHARGE f 13 plus 4) PRICE ~ I, 1 ~ (1 minus 2) ~ j ~ ~t plus a) j ~ I ~ : 1 i: g,~50. : 500. ' s 8,450. ~ S 4,1zz.40 M S 12, 572.40 ; S 13 ~072.40 . ~ ~ 7 8. 9. t0. /1. ANNUAL STAN~ARD FlNAL FIRST ( NUMBER PERCENTAGE I ~ PAYMENT OFPAYMENTS RATE PAYMENT ~ PAVMENT ~ OUE DATE ~ Ifnclud~n~ fir.an i j ~ s 104•77 104.77 ~~6-16-76 I 120 ~ All taxes on the property tor the current year shall be pro-rated as of the date this Agreement is executed. Buyer agrees to ~eimburse Seller for such taxes paid by Seller tor subsequent years. I~ S~ller retains title to the property until Buyer completes payment hereunder and complies with all other terms ot the ARreernent. ~ This installmenl elgreement bears inlerest on lhe unpaid balance only. Periodic pa}•ments (Payable as provided abo~•e from the f first payment due date) amortize principal and interest. The unpaid balance may be prepaid in any amount at anp time without ~ penalty. ~ 1. 1NPBOVENE'~iTS ON THE PROPERTY - F All improvements as reyuired by St. Lucie County. ~ Il. FREE TITLE INSURANCE Simultaneously with the delivery of the Warranty Deed mentione~ bebw, Seller sh~ll issue to Buyer lat no cost tc Bu-erl, and ow ner§ Title Insurance Policy insuring title to said property to be good in Buyer. If after dse of •reasonabte diligence to make the title insurabie, Seller is unable to do so, Seller shall refund to Buyer aU monies pai~ uadeY th~s Agreement, and thereupoq shall be released from any and all obligations hereunder. III. DELIVERY O~' WARRAhTY DEED [Jpon payment in full tor said property, and after the Warranty Deed is recorded in the Public Records of St. Lucie County, Florida. Seiler shail deliver the Warranty Deed conveying title to said property to Buyer free and clear of all encnmbrances except ~ covenants, restrictions and easements of record, and zoning and building ordinances then in effect. ~g IV. BUYER'S COSTS ~ Y Seller will pay for state documentary and surtax stamps on the Deed, and Buyer will pay :or recording his Deed. In the eti•ent ~ Buyer shall record this Agreement, he shalf pay [or stamps and recording costs thereon. . Y. ti0 LIABILITY UPON BUYER'S DEFAULT ~ The stipulated purchase price shall under no circumstances be deemed or construed to be an obligation of Ruyer for~he pa~ment ~ of money enforceable by suit at law or in equity. In the event ot failure o[ Buyer to pay any ins;allment when due, w•heiher such ~ (ailure be volunfary or involuntary, the only right of Seller arising thereunder shall be that of termination of this Agreement and s retention ot all sums previously paid as liquidated damages. ~ YL POSSESSION ~ Possession of this property shall not be delivered to Buyer until ihe Warranty Deed is recorded in Lhe Public Records. Buyer may not commence construction upon ihe above property cnti! the entire purchase price has been paid in tull. ~ Vil. GRACE PERIODS iN PAYMENTS ~ This Agreement shall be deemed current and not in default on account of failure, refusal or neglect to make any reyuired defer*ed payment unless and until a grace period, which commences with the payment due date on the Agreement, has expired. The ~ number ot days grace difiers according to the totai cash paid into the Agreement, as foUows: ~ 60 days of grace if l0~ib or less of the principal amount of the purchase price has been paid. ~ 90 days of grace if more than 109b but less than 25°ib of the principal amount o( the purchase price has beeu paid. 120 days ot grace if 25% or more but less than 5096 of the principal amount of the purchase price has been paid. ~ 150 days oi grace if 50°b or more of the principal amount ot the purchase price has been paid. ! ~Y "~,o~ 294 ~F~~~ ~9? ~ .i . _ ~ ' - ~ ,,y F ^ ~'~r-+d`-^a* F~"'F~r~.x't~~'ss %,~~~L'_.~`Pv^~~a-:-~r . 'FS. 1.. . - ~..~Sm'='~s ~.~5 ~~x",.u~x :