HomeMy WebLinkAbout1354KEEP TFF~S eOPy SU. '31
R~ipt far ~epaait • 8f f er to ParcMase ae~ I'natract far Sala
DATF. fl~n~n,~~r ~ _ 1 979
RECEIPT is hereby acknowledged by
( ) cash ( x) check in the sus of_ n~A hurA .d Dollars (slee_ne )
from 'PONSRB INVESTMENTS COMPANY hereinafter called Buyer, as an
earnest coney deposit and as a part of the purchase price on account
of offer to purchase the property of hereinafter called Keller,
Al~Ce J. Dive, _ said property being situated in the
county of St. Lucie and State of Florida to wit:
LOT(S) 2? BLOCK 233 PnRT KT. J,UCIE
SECTION ?8 PLAT BOOK
upon the terms and conditions and to be paid as follows: .
S 100.00 Cash Daposlt (above)
g d00.00 Cash on Closing
Deferred Payments:
S 2100_0, Purchase Money Nortgage
llt interest for 24
S ?49.36 e+onths Nren held to
S 2849.36 TOTAL ~":turity
The deferred payments shall
he payable as follows:
S97.89 r-onthly for
?4 ~ronth:+ (2 years)
~n~ 1. ABSTRACT - ~,IT_ LE INSUR]-NCB - The Seller is to furnish, at his cost,
`~'' abstract of title, certified to date, or title insurance binder (with
j~~.
cost of title insurance policy being paid for by Seller), showing good
and merchantable title, at option of the Seller, to the buyer or his
{,~, designated attorney, within 30 days after this date.
I~ 2. EXAMINATION Or TITLE - T1me to cure defects - The Buyer or the •-
,;. attorney shall have_ 10 days within which to examine the said abstract
of title or the title insurance binder and to signify his willingness
'i to accept same, whereupon this transaction shall be concluded within
~~° _~_ days. In the event examination of abstract of title proves the
' title to be unserchant-able or uninsurable, the Seller shall have 30
~` days within which to cure the designated defects in the. title that
render same unserchantable or uninsurable in the opinion of the Buyer
or his said attorney, and the Seller hereby agrees to use reasonable
~_'~ diligence in curing said defects and, upon the defects being cured and
notice of that fact being given to the Buyer or his said attorney,
this transaction shall be closed within 30 days of delivery of said
notice. Upon Seller's failure or inability to correct the unmerchanta-
" bility of the title within the time limit or a reasonable time, at the
vM;l,,; option of the Buyer, the Seller shall deliver the title in its existing
~~"~~'"'' condition, otherwise the art holding the herein mentioned earnest
i °~ money deposit shall return same to the nuyer upoi- demand therefor and
~h,rp+~ all rights and liabilities on the part of the Buyer arising hereunder
} shall terminate.
(Y ~ ~?:
)~ 3. ZONING - RESTRICTIONS - It is understood and agreed above mentioned
•~~~~~4.
{-`_~• property is being sold subject to the zoning ordinances, restrictions,
~ and limitations of record and public utility easements of record, if
E
(-=[~ ~ any, which do not inter ere with use of said property for RESIDENTIAL
~~~;~~'tQ, Purposes.
~~,!'~ , 4. CONVEYANCE - Seller agrees to convey title by WARRANTY deed to Buyer
free and clear of all liens and encumbrances, including all charges
assessed or to be assessed for public improvements commenced prior to
r -,:. i closing, except as herein otherwise provided, and said deed shall be
'~~-. prepared without expense to the Buyer.
~r,•
i~,tci~.` 5. DOCUMENTARY STAMPS - The Buyer shall properly execute the required
-_. ~r..
,~; notes and mortgages, if any, and shall pay for recording the deed.
~.~.vir Seller shall pay for the documentary stamps on the deed; and for the
`~r;'''~ intangible tax, the documentary stamps on the purchase money note and
,~~
~~' recording the purchase money mortgage, if any.
~-"' ~ t
6. CLOSING COSTS - If this transaction shall be closed through an
•`~' abstract office, bank, law office, or any other agency than the office
~"4 of the Agent, and where a closing or escrow charge is made, such
expense shall be borne by the Seller. '
• .~ ~
i