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I~GW, 'rIiEREP'ORE, in consideration of the premises and the
mut~.ial gromises and undertakings herein conta3.ned, and for other
good and valuable considerations, the parties agree:-
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I. SEPARATION. It shall be lawful for each party
hereto at a?1 times hereafter to live separate and apart fro® the
other party, free. from any control, restraint or interference,
dixect or iudir~ect, by the other party, and-in all respects to live _
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as if he or she were-sole and unmarried. -
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II. COHABITATION. Neither the husband nor the Wife
shall 3other, harm, or molest, or compel, or .endeavor to compel,
the other to cohabit or dwell with him or with. her. - ~
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III. RECON~ILLIATION. Reconcilliation shall not affect - '
the provisions of this Agreement as set forth in paragraphs IV.
V, VI, VII, XI and XII. ' _ . _ - ~ _
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- IV. REAL PROPERTY. The Husband and Wife now own, as
an estate by the entirety,- the real property located at 908 Terrace, '~-j
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Road, Stuart, Martin:Countyo Florida-described more particularly -
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as Lot 47, Section 2, Bahama Terrace, Martin County, Florida. -
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- The Ausband and Wife hereby- agree- that the Wife shall {
purchase the Husband's Merest iri the aforesaid marital residence
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for the sum of Twen Five Thousand Dollars -
ty ($25,000.00). Said -
amo-.mt shall be evidenced by a-promissory note executed in favor
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of tt.e Husband by-the Wife in-the principal amount of $25,000:00, -
~ and shall bear interest at the rate of 9~ per cent for a period-of
20- years, _ and --shall contain -the follawfig terms
Wife shall make equal monthly payments of principal and
interest for 240 consecutive months in the amount of
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$233.04. The first monthly payment shall be due and pay- -
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mile thir y gn g ~ g -
I t9 (30) da s after the si in of this a reement.
~ The maker shall have the right to prepay all or any -
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portion of the-principal at any time wi~!-hout penalty. -
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