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11/8/73 LAKE LUCIE ESTATES, INC. 4s862~?
1t1s10 NORTHEA8T 7titlt BTREtT -MIAMI, FLORIDA ~,118i
AtiREEMENT FOR DEED
! ~ ~'3 LAKE WCIE GARDEN8 O - ~ y'3 9
~ Date Unlmprovod Acna~, twt • part of
a ncortNd Plat. File No.
,Q
Mrs. Aloe Q~oahraa Blj 288 3716 ap
598 euasit 7?vsAUa C~,
- ~ JohnatoA, P~natrtylvalnia 13905
y^
' . ~ hereafter called "Purchaser"
1 1/~ 11QrMS•4- TRACT N602
LEGAL: More partictalarly described in attached Exhibit
g~pCK IY3 SgCTION 1Y26
Gentlemen: I wish to purchase land in Lake Lucie Gardens.
FULL PURCHASE DOWN PAYMENT MONTHLY FIRST PAYMENT
PRICE INSTALLMENT DUE
5...5995.00.. , 5....60.00......... ~ S. (I~~.~O 96 Interestl.. ...1. 1-
...7.~
All payments should be made by check or money order payable to Lake Lucie Estates, Inc.. P.O. Bolt 2~, Opa-Locke, Florida 33054.
LAKE LUCIE ESTATES. INC.
GUARANTEES
1. REFUND Purchaser may cancel this contract for any reason within 30 days from the above
PROVISION date and received full refund of all monies paid herein. In addition, within six
months of above date. if this Contract is not in default, the Purchaser may
personally take a company guided inspection of the area, and if not entirely
satisfied, he may at that time, on a form provided by the Seller, request and
receive a full refund of all monies paid herein.
NO HIDDEN COSTS All payments to the•Seller are included in your down payment and monthly payments.
3. NO CLOSING COSTS There are no closing costs. Purchaser will pay only for documentary stamps and
cost of recording the deed.
4. EXCHANGE At any time prior to the delivery of the deed, purchaser shall have the right to
PRIVILEGE exchange or trade the above-described parcel toward the purchase of another avail- -
able parcel of equal or greater price.
5. WARRANTY DEED- Upon payment in full, a warranty deed to your property will be issued to you.
INSURABLE TITLE
~i. PRE-PAYMENT At any time, you may make full or advanced payments or. your property without
PRIVILEGE - penalty.
' GENERAL CONDITIONS
' Upon acceptance the following will apply:
This Contract is subject to conditions. restrictions, limitations and easements of record, zoning, building, health, sewage .
disposal and sanitation regulations and laws of the State of Florida and all governmental agencies having jurisdiction thereof,
and a reservation by prior owners of all oil, gas and mineral rights.
Upon_ 14 days written notice, this Contract shall be in default if a payment remains unpaid for at least 60 days (if 10% or
less of this Contract has been paid), or at least 90 days (if more than 10% but less than 25% of this Contract has been
paid), or at least 120 days (if more than 25~7~ but less than 50% of this Contract has been paid), or at least ISO days (if
more than 50% of this Contract has been paid). Payments shall be applied first to interest, then to principal.
In the event of default, the Contract may be cancelled and in such event the payments thereby received shall be kept and~,~#
retained by the Seller as liquidated damages. ~ 1 ~
Purchaser acknowledges that this property is not purchased with the present intent that it will become the purchaser's prin-
cipal residence. -
Purchaser will pay only for documentary stamps required by law and for recording costs of Deed. Taxes will be advanced _,s~~'
by Seller for purchaser's account and repaid annually by Purchaser with interest at the contract rate.
Possession of the property and proceeds therefrom are retained by the Seller until final payment of this Agreement is made
and Purchaser requests possession.
If any monies have been transferred from another Contract to this Agreement, said monies shall be deemed to have been ~
paid pursuant to and be subject to the refund provisions of such other Contract.
There shall be no personal liability on Purchaser to make the payments required hereunder.
Purchaser acknowledges that he has received a copy of the Florida Ofl`ering Statement and the disclosure required by the
Truth-In-Lending-Act.
If the Purchaser does not receive the Property Report as prescribed by the Ofliee of Interstate Land Sales Registration in
advance of or at the time of his signing this Contract, then he may void this Contract. If the Purchaser receives the Property
Report as prescribed by the Office of Interstate Land Sales Registration less than 48 hours before he signs this Contract,
the Purchaser may revoke this Contract within 48 hours after signing it.
THE PROPERTY DESCRIBED HEREIN CANNOT BE CONSIDERED USEFUL FOR RESIDENTIAL OR BUILDING
PURPOSES. IT IS BEING OFFERED AS UNIMPROVED ACREAGE, UNSURVEYED, WITHOUT ROADS, DRAINAGE,
OR OTHER IMPROVEMENTS. EIGHTY PERCENT OF THE PROPERTY IS SUBIECT TO FLOODING DURING THE
RAINY SEASON.
ST. LUCIE COUNTY CURRENTLY WILL NOi' ISSUE BUIL[ING PtRMITS OR ARl; THEY 013LIGA`I ED TO PLAN,
CONSTRUCT, OR MAINTAIN ANY IMPROVEMENTS.
PURCHASER(S) AGREES TO PURCHASE THE ABOVE-DESCRIBED PROPERTY UPON THE TERMS AS
SET OUT ABOVE. (If name of spouse is to appeaz in deed both
APPROVED: LAKE LUCIE ESTATES, INC. husband and wife should
X baser)
~tD • (Corporate ~ ~ ~ 1 t;~~~
; ~ • ~I,rfr ~ 1 Seal ~ ~~~;~'aser) ~
. , : that on t the OfTicer signing this Guaranteed AgreemenC`fo~~ ~'R~r,~y ap-
a~ gcknowledged'that the Contract was executed for and in beh of LAKE•j.. • ~ y, INC.
]gt•`Itsit~jv>, t mr of said corporation. ~
f~i~~~ Z~before me a~t(~~iami, Dade County, Florida. Agee .......r, ~ . .4
~',__1
4s. ' OP `T`•%' ~ ~ A~M~6~fC'F~t~ Oi RiQR10A At u(tIM This insttumen re ared by: AIARVIN COWAN
`~es: IIM fUMMtSS10N fsJVtRB ~PdRaFi!?R~R'S COPI~(IR
.P~ 1090 N.E. 79th Street
~i t gpp~_ Miami, Florida 33138