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($124 , 900 . 00 ) Uv1.t,Akt~ sha 11 b~ ~a id in the f~l lowiny manner : ~
A. The swn of f:IC1iT TIlOU511ND SIX NtINURED
I f'IF'1'Y AND NU/100 ($B,GSU.00). Ut~(,LJ1t;~, t~~ be ~~.~id to Florida liome
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!'inc3ers, Ir~c., within te[? clay_- ~,t t•~~ ~f:~~ exc~ution hereoC .~nci to ~
be held in k,ehalf oL the Sellers. I
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B. 'Phe ddditional sum of TWr~7TY EIGfIT ~
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!.'i'II,JUJlfIVU JI~.V t:N lIUNUttt:U h' 1 E"I'Y ItND NO/ 100 ($'l8 , 7 50 . U~) ) DOLI,At'~ ~ 1 i~s
closiny costs as herc inaf ter def inec~ at the time of closi~y.
C. The balance af EIGHTY SEVEN THOUSAND FIVE
n~~~~nRFn t~t~D ~]0/100 (567,500.00) DOLLARS shall be payable in equal
monthly installment~ ol 5804.44 in advance cununen~ir~g thicty (30)
days from the date of closing, which sum shall include interest
at tt~e rate of. tEn anc~ one-hal f( 10 1/2$ ) per cent per- annum:
D. t3uyers acknowledge that they are aware
that the witlyin ~roperty is subject to a Mortyage in favor of
WILLIAMSE3UItG SAVINGS f3ANK, and in this connection Sellers agree
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to maintain said Mortgaye in all respects fully current and free .
from default. E3uyers £i~rther ackn~wledge ttiat tlye Sellers are
i~ required to pay a Lax and insurance escrow mvnthly payment to
tt~eir said M,art~~agee, ~and in asidition to the payments as
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' hereinabovc reyuired ayree to ~ay an amount equal to such tax and
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insurance escrows. At the present time such aciditional monthly
I' ~a ent re u i red to {
i E ym y ~aid by the 5eller a~ic3 which will be addec~
C to the payments due froin the Buyers to the Sellers is the sum o£
~ 5152.00, each party recognizing however that this sum may chanye
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from time to ti~r~e.
; 4. I3uyers shall be entitled to possession oE the
premises herein described upon the closing hereof, and during the
~ life of tl~is contract, t~uyer:: sh~ll maintain the I~roperty, ~
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~ including improvements erected thereon, in a state of repair and i
~ condition that is good and ~ro~er. Sellers shall have the rig ht
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to insF~ect the ~roperty ~~t ~11 reas~n.~ble times- until the f inal j ;
performance by the Buyers has been completec3. I
5. euyers st~all k,c~ uL.ligated to pay and shall pay
before delinyuency all t~xes and assessments comir~~ due on and ;
~ .c:~~.o Qo~a~w i
~F AT10AM[YATLAt after the date of closin~~, said payments to be made from the ~
[ as"f.. i /[OfnA~tlN'/.
aforementioned escrow acrc~unt. In addition thereto, during the
bti0 J~ Pl~ ~ et CKe~~ PtGE~~:~`t
-Paye Two of Six Pages-
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