Loading...
HomeMy WebLinkAbout0143 r 7. Buyer consents and agrees to commit, permit or suffer no waste, impairment or deterioration of the said property, or any part thereof, which means there shall be no cutting of trees, no non-operating vehicles, accumulation of debris, refuse, trash or junk placed or stored on said property. Buyer consents and agrees not to assign this Agreement or transfer his interest hereunder with- out the previous wr~tten consent of Seller, which consent shall not be unreasonably withheld. A violation of this covenant shall entitle Seller to immediately declare the entire balance due and payable hereunder. ~ 8. In the event Buyer fails or refuses to pay any taxes, liens or assessments aforesaid and as a consequence of such failure on the part of Buyer, Seller pays-out any amount of money for such purposes which should have been paid by Buyer, all such sums sh~ll bea~ interest at the rate of 10$ per annum and shall be repaid by Buyer to Seller at the next payment date. " 9. Seller and Buyer understand and agree that due to the processing costs resulting from the terms and conditions of this Contract, Buyer shall pay $10.00 penalty, in addition to the monies called for herein, for any late payment or returned check. Such penalty shall be payable upon demand and may not be increased more than 25$ in any given year. 10. Time is of the essence hereof. In the everit Buyer fails to make any payment required by him to be made hereunder, and continues in default for a period of ten (10) days, or in the event Buyer defaults in the performance of any other of his obligations for a period of ten (10) days after written notice by Seller to correct , such default,~then Seller shall have the following rights in addition to any other rights available to him under Florida law: (a) To declare the entire unpaid balance under this ' Agreement for Deed immediately due and payable and initiate fore- ~ closure proceedings thereon, in which event Buyer shall be liable to pay Seller all costs and expenses incurred, including the expenses ; of Title search and reasonable attorney's fees, and for a deficency ~ judgment, or ; € s F . (b) Seller may elect to terminate this Agreement 4 and upon notice of termination thereof to Buyer, Buyer shall sur- ~ render possession of the subject property and execute and deliver k : to Seller a Quit Claim Deed thereto, and all sums theretofore paid ~ by Buyer to Seller shall be kept and retained by Seller as liquidated ~ damages and as a reasonable rent for use of the subject property. : ~ 11. Buyer understands and agrees that any improvements made to said property shall remain on and with said property and Buyer shall be responsible for any liens, judgments or impositions j placed against said property as a result of Buyer's actions. E 12. Any notice to either party hereto required or proper under this Agreement may be given by mailing the same to each party at the following post office address: ~ - ~ ~ ~ ~ - ~ ~ ~ 3CGr ~U~ 'af,~ ~`3~ _2 _ k JC~j ~Uv~ Y?~LC ~V 3$ Zl.7yJlY § ~ ~ ~ . . . . . . x;._.._ . . .