Loading...
HomeMy WebLinkAbout1438 - 4.34348 ~ • D ~ l -_liM_ EN71aR1",~< ~ S iAM N ~ i t. x ~ ~ € -r ~ _ fE3 ::~t~ ~'-~'~'~<<~ 0 1. 5 0 ~ MOB I LE• HOME LOTS -u , ARTICLES OF AGREEMEt1T, made this 1st day of OCtobac 19~._, i i i between AVON MANOR PARK, INC., a Florida corporation, hereinafter called the Seller, and t]~l ~ Calvl~ H. Fryer i Ruth A. Pryer, il/W, Routs S, Box ice. PFA Road, ft. Plar~e. PIa. 33x+50 • ; 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 i Seller hereby covenants to convey and assure•to the Purchaser, in fee simple, by good and i 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. Luce County, Florida. ~-~Y 4 ~ Lot 21 of Block 8 in AVON MANOR SUBDIVISION, (Unit No.1 ,according to the plat thereof recorded in Plat Book16 at page l9 , Public Records of St. Lucie County, Florida. 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: $ 1.000'00 cash in hand paid, the receipt whereof is hereby acknowledged; $ 126.82 on or before the lst day of _ November 1978 and $ 126.82 on or before the 1st day of each month thereafter until there shall have been paid the balance of the principal sum toge~~r with interest on principal balances remaining unppaaid from time to time at the rate of per annum, computed monthly; all payments to be first applied to interest then due ana the remainder to principal; and other sums of money provided for in this agreement. All payments to be made at the existing office of the Seller or such other s ~ place or places as the Seller shall from time to time designate. NO PENALTY FOR PREPAYMENT. 2. To pay all taxes, assessments or impositions that may be legally levied or ~ irlposed upon said land for the current year and each succeeding year, as and when the same. shall respectively become due.- 3, To permit, commit, or suffer no waste, impairment or deterioration of said • land or the improvements thereon at any time. 4. To keep the buildings now, or hereafter erected-, on said premises insured in some company satisfactory to the Seller against fire and windstorm risks in a sum equal to '~e full insurable value thereof with loss payable to Seller. In the case of the failure of the Purchaser to make any of said payments, or any part thereof, or the interest thereon, or to perform any of the covenants on the Pur~ ~.:asc;r's part hereby made and entered into within 30 days next-after the•same becomes due 3~d payable_or if each and every the agreements, stipulations, conditions, and covenants ;f this agreement are not fully performed, complied with and abided by, then, at the option ~f the Seller: (a) This contract shall be forfeited and terminated, and the Purchaser 3 shall forfeit all•payments made on this contract; and such payments shall be retained by ~ ii-.a Seller in full satisfaction and liquidation of all damages sustained by the Seller, ~~r~d the Seller shall have the right to immediately re-enter and take ssession of the ;!remises aforesaid without being liable to any action therefor; or (b~All sums stipulated . :o 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 in which _v~nt the Purchaser agrees to pay all costs, charges and expenses thereof including a rea- ~onable attorney's fee and title searches if this. contract shall be placed in the hands of ; :~n attorney for foreclosure or collection. And in the event the Purchaser shall have failed pay any taxes, assessments, impositions, or insurance premiums, or other sums of money pay- :~~le by virtue of this agreement, the Seller may pay the same and all sums of money so paid ~i~all bear interest from date thereof at the highest lawful rate then allowed by the laws of rl~e State of Florida and shall be secured hereby. failure by the Seller to execute any of ~I~ese rights or options herein provided sha}1 not constitute a waiver of any rights or options ; ender this agreement accrued or thereafter accruing. ~ c?~ Rroaiwd • ` M Psyn~t< 0/ Taxaa Due On Clay "C' InbnpibNP~sonalProparti?. ! 30 3 ~ ~ I ~3 ~ w?warn To chaob.71.134. !lob a /D71. - R006R POtTRAS Cisrk CirCUk Cary 9L LIeCM. Co.. Fla. . - mri _