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the first party.giving to the second party the right to use the
name PULITZER GROVES, provided the same is advertised under the
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Fictitious Name Statute of the State of Florida and recorded ~
with the Clerks of the Circuit Courts of St. Lucie and Okeechobee '
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Counties, - Florida. ~
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(e) The first party gives to the second party a thirtq (30) ~
dsy grace period within which to make any of the payments from . ~
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the second party to the first party contemplated herein, ~
(f) In the event of an~ liens, assessments, etc. as contem-
plated heretofore, upon written notice by the first party to the
second party, the second party shall within fifteen (15) days
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clear the same and pay the same. .
(g) In .the event t~ie second party makes an assignment for the
benefit of creditors-, files for any relief under. any of the sec-
tions of the Bankru tc Act, or has a bankruptcy petition filed
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against him by his creditors which is not discharged in sixty (60)
days; abandons the property; ceases to operate the said propertq ~
ffers the value of ~
as a citrus grove, or in any way permits or su ~
; the grove to diminish; then the first party may declare this contract ~
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; breached without notice and immediately re-enter the same and the ~
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second party appoints- the first party as his attorney-in-fact to '
execute the quit-claim to himself and to terminate this Ag~reement
of record and any and all payments made will be considered as '
liquidated and actual damages. .
TI~ FIRST PARTY, ITS SUCCESSORS, PERSONAL REPRESENTATIVES AND ~
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ASSIGNS COVENANTS AND AGREES that the security for the indebtedness ~
secured by this Agreement shall be the real Qstate described in the
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~ attached legal descrip tions; that the first p arty shall not seek and ~
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~ does hereby waive and relinquish the right to seek a deficiency ~
LL judgment or decree against the second party or his personal repre- ~
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~ sentatives in ~the event of default on -the underlyi~tg obligation.
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PARTY OF TI~ FIRST PART FURTHER COVENANTS, that subject property
descr~bed in the attached 1ega1 descriptions does not constitute
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