HomeMy WebLinkAbout0452 ~'pl ~~o ~ ~~i~1~1
b AGREEMENT FOR OtED RAMCO FORM A
$ 3"
r ~e es o regimen
,Ilade this 1st day o/ October
in the year of our Lord, o?re Thousand nine lurndred and eighty
between Vincent R. Gorham, Jr., Jack M. Gorham and Teresa Gorham,
his wife
parties c?/ fhP ~rsl lxrrt, arrd
LISA R. JAGLA, MARTHA R. POVLOCK and PHYLLIS DURHAM
purlies of the second earl.
~ltneSSeth, Tlud i/ IIrP said part ies o/ IhP seeo,rd pcrrl slrull /firs! mul~r Ihr puymenls and
perform the covenants hPreinajter menl?orted u?r their /x«•t lu hr nradP and performed, the
said Ix?rl ies o/ the first port hereby cuuerar?rl s curd agree s b cu,rvPy and assort lu the s(?id
lxtrt ies uj the srrond lxrrl• their heirs. executors, adnrirrirtrators ur (rssi~/ns• in /eP
sinrple, clear uj all i?u•umhranres u,hatever• by a gaud and sulllcienf deec!• the tut pirrr
or lxirrel of land, situated in the (:aunty of St. Lucie . Slulr of
Florida kuurvrr and described us /ollous. !u-wit:
Apartment 103, Building I, ISLAND HOUSE CONDOMINIUM, PHASE I,
according to the Declaration thereof, and all exhibits
thereto, dated May 23, 1973, recorded May 29, 1973_, and
recorded in Official Records Book 214, Pages 1858 through
1933, of the Public Records of St. Lucie County; Florida.
and the said p«rl ies uj the srrond earl hereby c•unPnan! s arrd agree s lu J,ag lu IhP suit!
lxrrt ies r,
j lhP !firs! purl the su?n of Thirty Two Thousand and no/lOv - - /)ollprs,
in Ihr numner /olluu?iny Buyer shall pay 20$ of purchase price at closing,
6 months after closing, buyer shall pay 10$ of the principal balance
plus accrued interest to the seller and the remaining principal balance
plus accrued interest, no later than One (1) year from the date of
this Agreement.
willr inlr•rrsl ul Ihr rcrh• u/ 12$ per rruluur per annum, p«y«b!r as above
«nnuully on Ihr u,hule suer reuu?ining /runt liner lu lime unpaid: uud to lxry all l«a•es. ussessnu•n/s
ur impasiliuns Ilrcrl may hr lrgu!!y levied ur irnposrd upon swirl Icurd suhsequenl lu llrr year
~ 1980 , and lu keep lhr buildings upon said premises
insured in some eum/xury sulis/uclury to the /xrrl iesu/ the /firs! p«rl• and payable /:?r IhP lxrrties.
resprc•livr•!y us their irrlerests may appear, i?r « su?n m,t /r•ss than full insurable Value
~ Dollars
during lhr Irrnr u/ Ibis ugrernu•nl. and iu ruse o/ /irilurr• u/ /Ire said Ixrrl ies r,/ Urr second Ixrr!
!u rn«kr «uy o/ t/re payments ur arty pur•I llu•rru/, ar lu per/urnr uuy u/ Ilre ervnrnunls ur? their
earl hereby m«de arrd err/rrr•c! irrfo, Ibis ronlruel sh«!!, ul the ol,lir,rr uj /hr /x«•t ies u/ the /first
purl, hr /u-/eilyd c«ul h•rrniuuled• uml Ihr• port les ul the srrrurd j,rrrl shall /ur/ert all puJmcnls
nurde by them un this.r•r?,rlrurt; amt such prulmr?rls slu?l! hr• rel«inrvl hg Ihr said /x+rtl-es
o/ !lrr lirxl earl iu lr!ll sr?lis/ueliun and ligniduliuri of utl dunrugr•s hrl them sr?sluined, and
(he said pr«•/ies of Ihr /firs! par! shall lurve the right lu rr-ruler, turd lake, pnssrssion of the
premises ujurescrid ?viflrout being liable to any acliun lherelor.
~t ~s mutually agreed, by aucl hetua•rn the p«rlirs Irr•rrlu. Ihul ll?e line u( r•ueh puyntenl
shut! hr an esxr•?rliul purl o/ /his runlr«r!• and !heel u!! er?t?rnunls turd ayr•r•rurerrlx herein rn?rlr?ir?rd _
shin! ra•Irud Ir, and hr r,hligcdury upon lhr !refits, r.rerulnrs• adnrinislrrrlurs cu?d assigns a/ llrr re-
sprrli??e purlies. ~ -
~n ~iitness ~ihereof, %7rr purlies h, llr sr reseals lurnr• !rr • rurlu set Ihi•ir luuuls and se(t/s /
I Ihr• day and year /ir:cl «hur?r rr~rillrn.
tiilrne(l, srmlvr! and rf~•lirr•r~•r1 in /hv prvsrnr•c• ojc
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~ZL~ tLi~- ~~4..~DZ. -SELLER
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LLER
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Arlrllrss ?t>is Instrument Mlas Pr~ItareA eve (IR
C. R. McDONAID, JR.• X340 P~cE 45...
Cirirens Fodoral Ev:!d"~