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THIS A(3RE ..:E:'VT , :Wade and entarr d into this ~0 day of
1979 by and between H0:9ARD E. `RORD?.N and DOROTHY d. 'AORDECd,
Co-TTE~ INT RVIVOS TRUST U~ DTD 031576, whose .nailing address is
306 Ls Jolla Avenue, Sun City Canter, Florida 33570, hereinafter
c~llad sellars, and J. Ross dcLaan and ~?arilyn P. .~cLaan,
herein after call°d bufar(s) , whose ~ ailing address is
13 Northland Crescent, ~4oodstock, Ontario N4S6T4.
,4ITNr^.SSETH: That if buyers} shall first ~{ka Lhe oay.nents
end perform the covannts hareinaf~r :nentionad on Chair part to
ba :Wads and oerforme3, _tna sellars hereby covenant Sad agree Lo
V 1 convey to the bud ar (s) , in fee si.ap73a , by goo3 and auf f iciant
1
warranty deed, a :narkatable title to the following described
property in St. Lucia C~uaty, Florida:
Lot No. 1253 S9ction II in that certain aondoziniu~ known
ss OUTDOOR RESORTS OF A:d=.RIC? AT vETTLES ISi.A.~1D, as Shown
by the plat recorded in the Office of the clerk of the
Circuit Court in .and for St. Lucie County, Florida, 1n .Plat
_ ~ 3ook 16, page 1:1A through 1J.
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- r~ Toq~thar with 311 the tenamants, hereditaaants and apourtan-
5 cv ~ ances thereto balonaina or in anywise appartaiaing, subject
rr~ to the terms, conditions and li~it3ti~ns set forth .n Lai
1 O~claration of Condominiums ^3con:ad in OR Hook 136, na a 2720,
. , 3
Circuit Court Clark's Jffic3, St. :.:acie County, Florlda.
~i :yti'.~ As 3m~rs33 in OR Hook 192, nags 793-320, Circuit Court Clark's
- Office, St. :,acia County, Florida.
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j f' ~ Sab ject to restrictions, sass~nants and r~sarvaLions of record.
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x. ~ For said propsrty buysr(s) agree to pay sellars tna sum
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~ of 320,000.00 which liu~ shall ba payable a;, fellows: 3200.00
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_ pravi~usly paid, ~j1~300. at tre Lime of 9igainq Lnis Agree ant,
a*~d the balance of X13,000.00 shall thereafter be pay 3b le at Lhe
Monthly rate of $233.30 including interest at the rate of 10~ par
~nnu~t. :Sonthly oaym~nta shall be3in onT~nG 10, 1379, and be paid
~n the tenth of each ~Jrith thereafter, until the nrinciDSl is
fulls o31d. Each monthly gayssnt shall be first 3polie~i to interact
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;:~3 ha balance then applied to principal. During 1979 no ora-
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payment of principal will be allowed. After 1y79, buy3r'3 right
to prepay will oa li~tited to X6,000.00 principal within anY one
calendar year. If and when such naxi mum principal pragay:aant
t3kss glace within any one calendar year, .iontnlf interest pay-
r
~ vents only wilt be :n~3e for L'ne re.>tainder of that year.
~ ~ 2515
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