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HomeMy WebLinkAbout2823~- si z2s~ AGREEMENT FOR DEED H3•~'~ • M DUE 0~1 CI~S= 'C' INTlUt6:BLE PERSCt~J1l PROPERTY~ 1. PUASillJli TO CluPTEY 7t-t:~. RCTS Of U71. - R06FR PLIiRAS p CIEitK tGl..": COeAT. tT. WCIE O0. fM. p~ That for and in co~~sideration o~ the covenants herein- after to be performed, the Seller hereby agrees to sell unto Buyer the property further described below, lyinc~ and being in the County vf St. Lucie and State of Flor.ida: THIS AGREEMENT made and entered into the _ ~7~ day o: ~ , 1980, by and between LAWRENCE B. WHITFIELD and • P~~A E. ~V~iITFIELD, husband and wife, of 212 E. Main, Mendon, _ Michigan, hereinafter referred to as the "Seller", and RONALD N. ~ WHITFIELD and KATHLEEN S. WHITFIELD, husband and wife, of 720$ Packer Drive, N.E., Belmont, Michigan, hereinafter referred to as ~ "Buyer" ~c~D i 57,~_ MI rAt~EtR oF Tu~i ~ 3S, ~~`~. Lot 41, Block 2910 of Port St. Lucie, Section 41, a subdivision according to the Plat thereof, recorded ir. Plat Book 15, Page 35, of the Public Records of St. Lucie County, Florida. euyer further agrees to purchase said property at and for the consideration of Forty-five Thousand and no/100 ($45,000.00) Dollars to be paid as hereinafter provided. 2. The Seller agrees to give to the Buyer immediate pos- session of said premises. 3. The Buyer agrees to pay to the Seller for said property the aforesaid purchase price in the following manner: The sum of Sixteen Th~iisan~ Two 1!unc3red Sevenl-.y-nine aYid ~4/~G~ l~ih,~:~y.14) Dolla~s ~hall_ Uc~ paid iEown upon the execution of this Agreement. The balance of the purchase price for the property shall be payable in equal monthZy installments of Two ~iundred Forty-six and no/100 ($246.00) Dollars, or more, including interest at the rate of 9.5~ per annum commencing November 1, 1980, on the first day of each month thereafter. Buyer shall make payments directly to GDV Financial Corporation, of 1111 South Bayshore Drive, Miami, Florida 33131, or at such other address as may be directed by Seller. 4. i ~ Buyer shall pay to GDV Financial Corporation at the address listed above on the lst day of each month commencing November 1, 1980 an amount equal to one-twelvth (1/12) of the yearly taxes and assessments plus one-twelvth (1/12) of the yearly insurance premium installments as more specifically provided in Article 2, Funds for Taxes and Insurance, under a certain Mortgage dated N~vember 10, ].~78 between Sell.er_ anc~ rnV Financial Corporation. In the event said Mortyage is prepaid or the provisions of Article 2 thereof are altered to eliminate the monthly payments for taxes and insurance, then Buyer shall them- selves make such payments for taxes and insurance as may be required and shall keep in force fire and extended coverage insurance covering the buildings and improvements now or hereafter on the premises in the name of Seller with a loss paXable clause or other endorsement ~ - . ~ ,~, , ~ . ~ e~ ~';s.:.• - . ,. ' ~~ .~ . . _ ~ ~ , ~. ~ ~ ; ~R345 28'12 - , ''ti Br~~K PaGr -- --- --- 1 ~~