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• 4Ga[(MCN? roA O[~O ~ ' . A ~]~wO ~ • RAMCO FOAM 2~
r ~e es o regimen
.1/c,dc Ihrs 3rd day of .July,
in fhP year a/ our lord, are thousand nine hundred and eighty.
between WILLIAM H. SOUTHARD and BETTY J. SOUTHARD, his wife,
229 Osceola Avenue, Fort Pierce, Florida 33450,
dart ies of the ~iraf purl. c,rrd
LUCKY A. ARNOLD, 116 South 18th Street, Apt. 'D", Fort Pierce, Florid
33450, r
party o/ fhP :PPOnd part.
~itnesseth, Thal. it IhP said party o/ the second part ahc,ll Viral nrakP Ih?~ payneP/rls and
per/ornr IhP rovenants hPl'Pf/ru/tPr IliPlrliulrPd un his purl to bP made and per/ormed, the
said pcer~es o/ fhP /irsl port hereby covehulrl and ayree to conuPy and assure to the said
port y o/ the sPC•uud lxrrt, his hors, PxPC•ulors, administrators or assigns, in /Pe
siurp/P, clear of all in,v,nrbt•uhr•PS u?halever, by a good curd se///ieient deed. tleP tut pieeP
or /x,n•Pl o/ land. situated irr lhP County of St. Lucie , SIuIP of
Florida, know(, and described as /ollows, to-wit:
Lot 18, Block 4, of FORT PIERCE HIGHLANDS,
UNIT NO. 1, according to the Plat thereof,
on file in Plat Book 10, at page 29, of the
public records of St. Lucie County, Florida.
~~This Agreement wraps around that existing mortgage from Sellers to V.A.,
'or assignees, recorded in O.R. Book 180, page 2496, of the public record
of St.~Lucie County, Florida. Sellers shall be responsible for payment
thereunder. Buyer is responsible for taxes and insurance; and insurance
polir~y hall n~me S~~lers as loss payees thereunder and Buyer shall furn'sh
Proo o same o Se ers;
curd ll?e said party o/ thr second purl hereby rouehanl and agree to pay la the said
part ies o/ the first part fhP serm of TWENTY-SIX THOUSAND AND NO/100------Dollars.
in the nec,rr/rer /olloeui?rg : $3, 000.00 upon execution and' delivery, with balance
of $23,000.00 bearing interest at 10$, repayable over 15 years in monttil
installments of $247.16 per month, principal and interest, commencing on
~~u$t l5 , 1980 an on the 15th day of each month thereafter anti
~rr~wti61~'SL1n[-is paid . RIGHT OF PREPAYMENT IS GRANTED TO BUYER .
with inlrrrsl a( the rnte u/ 10$ per centum per an?eum, pujuble' 1non~hly, ealculat
alhu,ully uh the u?hulP sum rPnruinilry Jrum time to limp unpaid; and to pay.alt kexes, assesanrents
im sifior s that I a . bP le all ui d or .i I used ~pP~~,,,.((~~ s r land subsequent. to the year
l~r/9. ~is ~greemen'~ yis ass~gt7yab~e ~y ~l~~an~d~li~"Treep~PY6uildinys upon ;at,j. premises
r'
i,rsured in some c•onepa?:y sans/uctory to the parlieso/ the first part, algid payable jot the parties,
respecliuely us their interests may appear, in u sum not less than -
- THOUS~IDD AMID NO/100- Dollars
during t/rP term o/ /his ugrPPmPnI. Alyd in c•use ul /ui[,rre of llrP said purl y o/ the sPPOnd part j
lu nu,kP u,ry o/ IhP pc,ymenfs ur any punt Ihereo/, or to per/orm any o/ the covenants on his ~
port /rerehy made curd PnlPred into. .this c•onfruct shall, at the opliuh of the putties ul IhP first
port, be for/Piled and tPrmurutPd, and the party u/ the second purl shut! /or/Pit «ll payments
made by him on this contract; and such payments shaft be relairred by the said part ies r
of the first part ih /all subs/action and liquidation u/ all damages- by them sustaihed, and t
the said potties of the Jirsl part shall haul the right to re-Preler and lake possession o the ~
~s~~~jQre~~~;~{rjj~~l~r l o IN THE EVIIJ~ OF DEFAULT ~ UNP
~~r~~•~~• DE~ID ALL SLIMS 1~, I1~I17DIl~
~t ~S ii~u~tuaUy i~greed, y uIe P weelr a par ies ,1
ere%. that the time o Pach I»P/rt
/ pay
shall be an esseletidl part o/ this culelract, algid that al! covenants algid agreemel,ts hereile contailred
skull PalPnd to algid bP obligatory upol, the heirs, executors, admi?ristrators ated a:sighs o/ lhP re-
s pP~ctiue parties. SDUOBID PARISC HAS THE RIGfiT OF PIt'F~AYIgN'P, AND THE FIRST PA~FS HAVE
RIGt~P OF t~OCET~Yt'ION IN ~y~p E
~ O~ PDiE~E'yAUL~T FIFTEEi~J T) DiAYS . (JP(X~1 Pit'E~AYN~iJP BY tIYER,
n ~tt11PSS _~e parties to Meese presPn s aue hereunto set f err ands and seals ~ ~
the day algid year- firs( above u,riften.
Sighed, SeulPd algid Delivered ile Yreselece ol:
-------1~___- - - -
ands ' sunder this oo , Seli '
~yance 4
7pon - aayt~n ---ate--war-ranter--c~~~i--recur-datic~n, - -
fall be responsible for stamps and repo A•
%ir hh/n/n/r•ul /rlrpr/rcrl Gy:
THIS rN57RU?.iEt.T PF,EP/'.a;~ gy
~ GERAw S. JAA4c5, ATTY.
P. O. BOX 3351
~r P(305) ~461o2S00 33450 $CCK P~cF 1348 '
~~r - -
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