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Home My WebLink About2266 s ~ • ~ . , ~ Agx~etn~t~t fc~r 1)ec~ci ~ , ~ ~ ~ . 1.3.~~0""I p ~ l1RTICL~?S OF t1GRI:.I?bS~NT ~ ria th~s da of AecemU~r ~i~ the ear of our Lorcl one th~usand ~ ~ d e 8th y , Y , aine hundred anc~ sixty-four, DL'P.VT1:N A. I3. JACf;Sih'V and ~u~ttY riczvr~ J~e~:s~~rr, his wife, ~arties'di the first part, and PLRNAJ~IRUS A. D~'1VxS anc3 TSA~3I~i.L DAVxS, h~s wife, parties ~f the sec~n~~ part, WITNLSST:T}i, Ttiat if the saicl parties of the seconci par~ sha2.~ £irst make the payments ac~d perform the covenants hereinafter m~n~i~necl on theix part to be niade and perfurmect, ~he.said paxties of the first part hereby covenant and a~ree to convey and assure to the said parties ~f ~he sec~ncl nart, their heirs, ' • executors, administra~ors or assigns, in fee simple, ~lear of all incumbrances ~ . whatevex, by a~~c~cl and sufficient deed, the l~t, p~ece ~r parcel o£ tanc~, situated in the Cc~unty of St. Lucie, State of Plorida, kno~vn anci described as follows, to~wifi: Tlie 1'sast 40 feet o£ Lots 11 and l.2 ~f Iil~ck te~" of the Ori~inal Plat of p.,.AAUINDA VISTA SUBDIVISION, as per Plat ~ th~reof oi~ file in Plat 13oolc 5, at pabe 49 of the Yublic . Recor~ls of St~ Lucie County, P~orida; ~ ~ ~ and the ~arties of the se¢onc9 part a~ree to pay the parties.of the first ~ , part the sum o~ THREL'• THOUS11Nll T1~t~~ HU[VDREU (~3,300.00) Do~lars, in the following monthly payments af 36.50 , payable on the 14th day of ~anuary, 1965, ancl on the lOth day of each month thereafter until the pri~- ~ ~ cipal and intexest herein is plid in full, ancl the said principa~ sum bears ~ int~rest at ~he rate of 6.5 per centuin per annum, and the monthly payments ~ are credited first to i~terest then to principal, and thers shall be a late char-ge of $5.00 for each payment not me~ within fourt~en (I4) days after saxc~ ~ payment is due, and the abovesai~ monthly payments include principal, interest, and esc~ow charges for escrow of the taxes anci insurance ~n the above cie- f; = scribed property. In the event that payment is not made within thirty {30) ~ d ay~ after same is due, the parties a£ the first part may cieclare the entire ~ sum due and-proceed to foreclose this agreement as though the same were a ~ mortgage on fihe above described premises. ~ The parties of the sec~nd part agree to pay all taxe~, assessments or . impositions that may be legally levied Ar imp~sed upon ~aid land subsenuent ~ to the year 1963, and to keep the Uuildings upon saicl premises insured in - some company satisfacfiory to the parties of the first part, and payable for - the parties, respectively as their in~texests may appear, in a sum not.less than $3,000.00 during the term ~f fihis agreement. And in case of failure of ~ the said parties of the sec~nd part t~ make any of the payments or any part ~ thereof, or to perform any of the covenants on their part hereby made and ~ entered into, this contrac~ shall, at the optian of the parties ~f the first part, ~be forfeited ancl terminated, and the parties of the second ~ar~ shall ~ forfeit all payments made by them on this contract; and such payments sha~l be retained by the said parties of the first part in full satisfaction and ~ liquidation of alI damages by them sustained, and the said parties of the ~ first part shall'have the right t~ re-enter and take~p~ssession of the prem- , ises aforesaid without being liable to an y action therefor, and the parties ~ of the second part agree to pay the reasonable attorney's fee of the parties ' of the first par~t in the event that any action is brought to foreclose this . ~ agreement. ~ ~ Tn .Errr+ri~t Tv A('_~AT1T311 1~?., a»rt hF?tw~An thE? parties hereto, that ~~lE t1[tI@ ~ ~ ~ - ~ . 1 1 1.7 n W L vll?+j. t ~~v,....i.,.r ~ ~ of each payment shall be an essential part of this c~ntract, and that a11 ~ covenants ancl agreements herein c~ntained sha11 extend to and be obl~gatory ~ upon the hei~s, executors~, administrat~rs and assigns of the respective parties. ~ ~ ~ ~ • ~ - ~ ~ . ~ YN WITNESS l!?~iERE4F, The parties t~ these presents have hereunto set s their hands and sea].s the day and year £irst ab~ve written, , ~ Signed, sealed and delivered ~ ~ in the presence of: , £ C~'( ~ (SEA~.) - ~ , ,r . . ~ OIl _ .`I~~ a~ rn~ O~~~C-ac~.J, c s~. ~ ~ ~ ar c ver ac n ~ ~ ~ . . r-G~~ • ~ , . . (SEAI,) Pernam us A, avis . - - ~ 7~a.~,~,~.'.~.~ cs~t) 0. R: . sa e av~. s . ; ec<<R . ~Q~ rncf~~1~ _ . .~.~.,~,o,.,~.,.,~,.~ w.~e..__. , -