HomeMy WebLinkAbout1706 4:3tI~'76'7 /
MOBILE HOME LOTS
ART 1 CLES OF AGREEMENT , rzwde t h i s ~ n.t, day of JuM 197_,
between AVON MANOR PARK, INC., a Florida corporation,}hereinafter called the Seller, and
Clark D. Eplln i Carolyn S. Epltn. N/N~ IZ10 East Joy Lana, fort Piarca, Florida 33450
hereinafter called the Purchaser:
WITNESSETH: That if the Purchaser shall first make the payments and perform the
covenants hereinafter mentioned on the part of the Purchaser to be made and performed, the
Seller hereby covenants to convey and assure to the Purchaser, in fee simple, by ggood and
sufficient deed, clear of all incumbrances whatever, excepting unpaid taxes for the current
year the use restrictions hereinafter set forth, and reservations and easements of record,
the following described land situate in St. Lucie County, Florida.
Lot 49 of Block Q in AVON MANOR SUBDIVISION,
(Unit No.T according to the plat thereof recorded in Plat
Book 16 at a lg Public Records of St. Lucie County, Florida.
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And the Purchaser hereby covenants as follows:
1. To pay to the Seller the sum of $ 6.000.00 for said Land in the
manner following: $ 500.00 cash in hand paid, the receipt whareof is hereby
acknowledged; $ 101.90 on or before the lst day of ,
August , 1978 , and $ 101• on or before the Ist
day of each month thereafter until there shall have been paid the balance of the principal
sum together with interest on principal balances remaining unpaid from time to time at the
rate of 10`~G per annum, computed monthly; ail payments to be first applied to interest
then due and the remainder to principal; and other sums of money provided for in this
agreement. All payments to be Tade at the existing office of the Seller or such other
place or places as the Seller shall from time to time designate. NO PENALTY FOR PREPAYMENT.
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2. To pay all taxes, assessments or impositions that may be legally levied or
imposed upon said land for the current year and each succeeding year, as and when the same
i shall respectively become due.
3. To permit, commit, ur suffer no waste, impairment or deterioration of said
~ land or the improvemen*_s thereon at any time.
~ 4. T~ keep she buildings now, or hereafter erected, on said premises insured in
some company satisfactary to the Seller against fire and windstorm risks in a sum equal to
the full insurahce val+.re thereof ~.ith loss payable to Seller.
5. I~~ :he case of the failure of the Purchaser to make any of said payments, or
any part thereof, or the in*.erest thereon, or to perform any of the covenants on ti.c Pw~•
I maser's part hereby made and entered into within 30 days next after the same becones d::e
r and payable or i` each and every the agreements, stipulations, conditions, and covenants
of this agreer*rent are not fully performed, complied with and abided by, then, a.t the option -
of the Seller: (a) This contract shall be forfeited and terminated, and the Purchaser
shall forfeit all payments made on this contract; and such payments shall be retained by
the Seller in Lull satisfaction and liquidation of all damages sustained by the Seller,
and the Seller shall have the right to immediately re=enter and take ossession of the
premises aforesaid without being liable to any action therefor; or (b~ All sums stipulated
to be paid to the Seller may be declared due and payable forthwith, and the Seller may
foreclose this contract in the same manner and form as if it were a mortgage, and ire which
event the Purchaser ayrees to pay all costs, charges and expenses thereof including a rea-
d sonable attorney's fee and title searches if this contract shall be placed in the hands of
an attorney for foreclosure or collection. And in the event the Purchaser shall have failed
- to pay any taxes, assessments, impositions, or insurance premiums, or other sums of money pay-"
} able by virtue of this agreement, the Seller may pay the same and all sums of money so paid
shall beams interest from date thereof at the highest lawful rate then allowed by the laws of
t. the State of Florida and shall be secured hereby. Failure by the Seller to execute any of
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these rights or options herein provided shall not constitute a waiver of any rights or options
r under this agreement accrued or thereafter accruing.
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