HomeMy WebLinkAbout2776 the Buyer are included in the purchase of the Mobile Home and lot,
the maintenance of which is the responsibility of the Buyer.
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4. It is acknowledged by the parties that the Seller Y
will receive a Saint Lucie tax bill in November of 1978, on said i
lands. Buyer shall pay the real estate taxes for the current year, '
and shall pay all subsequent taxes against said lands. j
5. Seller represents unto Buyer that his title to the i
subject property is insurable subject only to the standard printed
exceptions and exceptions reflected in Paragraph 3. Any purchase
of title insurance by Buyer shall be at Buyer's expense.
6. Buyer shall pay for all documentary stamps, record-
ing fees and intangible tax imposed by the State of Florida by virtue
of the execution and delivery of this Agreement, the Deed to be
delivered hereunder and any mortgage from Buyer to Seller. Upon re-
ceipt of 50$ of the total purchase price, Seller may execute a
Warranty Deed and take back a note and purchase money mortgage on
said property, provided that Buyer is not, nor has ever been, in
default as to the terms of this Contract and Buyer shall pay all
closing costs.
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 f
not to assign this Agreement or transfer his interest hereunder
without the previous written 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
f payable hereunder. Buyer may remove specific trees with prior written
consent of Seller.
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i 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
E for such purposes which should have been paid by Buyer, all such sums
shall bear interest at the rate of 10$ per annum and shall be repaid ~
by Buyer to Seller at the next payment date.
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~ 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 $5.00 penalty, in addition to the monies
called for herein, for any late payment or returned check. Such
penalty shall be payable upon demand and may not be increased more
than 25$ in any given year.
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10. Time is of the essence hereof. In the event Buyer
fails to make any payment required by him to be made hereunder, and t
continues in default for a-period of ten (10) days, or in the event '
x Buyer de€aults 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:
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sy (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
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to pay Seller all costs and expenses incurred, including the expenses ~
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