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• IN PAYMENT OF TA>iE>j
DUE ON CLASS 'C' IhTAli~ PtE PcRSGNAI PROPERiY•
P1IRSUANI TO CIUIPTi~ )J- a, ACTS Of 1111.
q.d° KJGiR P„ITkAS
ARTICLE' OF AGRS$1VSNT CLERK gRCWT COURT, ST, tuuE C04 R~
MADI~ this 15 day of Dece®ber, A. D. -1979, between
MAJOR BXCA VATIAG COHPAAY, IAC., a Florida Corporation, party
of the first part and - Anna Cho3eneki -
part y of the second part, WNoSE ADDRESS js awl AMy LANE
W I T H E S S E T 8 ~T. PiER~~ ~ 33956
TEAT if the said partly of the second part shalt first
rm the covenants hsrsina ter mentioned,
males the payments and perfo f
on their part to be made and performed, the said party of the
first part hereby covenants and agrees to convey and assure to the
said part y of the asoond part, their heirs, executors, adminis-
trators or assigns, in fss simpts, steer of aZZ encumbrances, by
a good and sufficient Desd, the Zot, piece or parcel of Zand, sits- .
aced in the County of St. Lucie, State of Florida, known and .
described as follows: ~ j ~ z -
1 r•• y'
- T,ot _Blnek 4. Green Acres Subdivision Unit 2. ~
according to the plat thereof as recorded in ~ ~
Plat book 16, page 17 of the public records i = z
of St. Lucie, County, Florida. + ~
- ~ ..t,
and the said part y of the second part hereby covenant and agree _
to pay to-the party of the first part the sum of Nine Thousand ~
(S 9000.00 with interest from date at the ' ~ r ~
c~ _
rate of Ten and one half (10~ x) per annum as follows:
Three Thousand (S 3.000.00 ) upon the signing °
of this Agreement, the receipt whereof is hereby acknowledged, and c ~
the balance as follows: Forty-Nine dollars and 95/100
fS49.95 ) per month on
the first day of each month thereafter, beginning February let.
19 80 , unfit the whole be fatly paid.
Each instattment BhaZt first be applied on the payment of interest
and then on the unpaid balance of the principal sum.
i
~ On any installments which are not paid within seven days
from due date, it is optional with party of the first part to charge
part Y of the second part a Five dollar-------- (S 5.00 )
penalty charge on the Zate payment.
Said part Y of the second part hereby covenant and agree to pay alt
taxes, assessments or impositions that may be Zsgatty levied or
imposed on Said Zand subsequent to the year 1979. Second part y
also agree to pay aZZ costs, charges and expenses, lawyer's fees and
title searches, reasonably incurred or paid by the first party
because of the failure of second party to promptly and fuZZy comply
with all conditions and covenants in this Agreement. In the event
~ second part Y fail to pay, when due, any tares, assessments, or
other soma of money payable by virtue of this Agreement, first party
may pay same without waiving or affecting their option to foreclose
this Agreement, and alt such payments shall bear interest from date
.thereof at the highest rata then allowed by the Laws of the State of
Florida. -
If any sum of money herein referred to be not promptly paid
within thirty ( 30) days next after the same becomes due, or if
each and every one of the agreements, stipulations, conditions and
covenants of this Agreement are not fuZZy performed, complied with
and abided by, then the entire unpaid balance of this Agreement shalt
forthwith 4naj-thereafter, at the option of the first part, become
due and payab~t and-the estate hereby created in second party
shalt cease, terminate, and be null and void. Furthermore, this
Agreement ehaZZ, at the option of the party of the first part, ba ,
forfeited and terminated, and the part. of the Second part.shatt
forfeit aZZ payments made by them on this Contract; and such payments
ehaZZ bs retained by the said party of the first part in full