HomeMy WebLinkAbout2776 ~....,--IN MAibcn~
~ RE~E~~E~ Y- 1
, DUE ON CI.rS`~ ~i:~ tNT`~yr,1BLf i~FRSONAI. PROYfiRTY.
PURSUANT 70 CNAP7F R 20724, ACTS OP 1941.
ROG'R PC1~~='~~, Cl~~rk Ciscuit C:~~t
as A<~~~nt fo~ CU: Sl5 l~1. JAl ;r", -L~~+1~1 v
. St. tucia Cou ~ tax tecto:
~ti~~~
; ~y D~PUTY CLERK • .
CONTRACT FUR DE~ll ~
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~ ~:I~'0~'! ALL ?~N nY TIi~SE PRI?SEN~S ~ That
tiY. J. PIO~YATY, 3ndividually (~oined by hie wife biAR~~RIE K. p~O~YATY), d~b~a ~
~ SERYICE L;OR`l.'GAGE COhIPANY, of Fort Pierce, Floridu, firat partie$, and ~`:ARG7E T. Ii0B~5~
~ 702 E1 Ranoho Drive~ Fort Piercey Florida, eecond party
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~~ITNESS~_'TH:
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; That for and in aoneideration of the aum of One Dollar ($1.00) and other valu-
; ' able coneiderations, in hAnd pnid by each of ~he parties to the other, receipt vhereof ~
~ is hereby acknoNledged, and a13o in congideration of the mutual covenants, ri~ts and
3 obligations herein, have contrACted ~nd agreed ~s £o~lows:
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~ 1. The first partiea da hereby sell to the aecond party, e~nd the seoond party ?
does hereby pi~rahase from the first parti.es, the real estate loaated at 702 L'1 22~+ncho
Drive~ Fort Pierce, St. Luaie County, Florida, morQ particula~•7.y described as follovrs: ~
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i' ~ All of Lot 1'j, ~ARAVILT,A GARDENS~ UI7I~' l; I,ESS the Ylest .
~ 92•50 feet of Lot I'j~ L~AHAVILLA GARDE2FS, UNIT 1, e.ccord- ~
j, ing to a plat thereof recorded. in Plat Bo~k 6, ~tt page 55~ ~
~ of the Publia Hecords of St. Lucie County, Fl.orida. ~
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? 2. The total purchase price of ubove real property is $8,000.00, of whioh ~i
; ~ ~i200.U0 haa been p~tid by the second p~.rty to the i'irst partiQa~ reaeipt where~f i.s her~-
' ' by aaknos~ledged; and the remairider of $7,800,00 is due and pt~rable in monthly praneipal
and interest pa~men~s of 575.00 each on the 17th of each month be~innin~ November 17, ~
~ 1g64, ~iith the provision that an ~dditional $300.00 pr~ncipal be pai.d on or before ~ ~
~ 17, ~965, P~ovided first parties sh~.1~ have furnished to second p~srty a marketable ti~~e
~ to said realty o~ or before L~q.y ~7~ 1g65 or ~~rithin a gxace period thererzfter as mr~y be , ~
~ rautual.ly tigreed upon; sui.d nionthly anri extra payment shall be appl~ed fa.rat ta interest
f-„ and then on prinaipal; said unp~id principaZ bal~;nces ~'rom tiime to timo shall be~.r in- ~
terest after ?Vove~~ber 17~ 1964 ut the rate of 6;o per annum, intereat payable mon~hly.
` The second p~rty shall have the right to pay any additional amount on ar~y payment date ~
; or dates and i;o pxep~y the entire balance at any time' all without pQnalty or extra
? charge f or such privileges of prep~nent, ~
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~ ~ 3. ~i~e first parties will pa~y taxes :through 19oQ, and the eeaond p~rty, upon
E completion of tho sale~ will ref~u~d to the first parties the proportion of 1964 taxes =
~ for the remainder of 1g64 after November 17. Taxes aYtor 1964 will be paid by second
# party~ provided ~:i~rketmble title is furniahed, as above. ~
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s 4. ~'he second party a~rees to ;.rermit no lt~bor lienf or mechvnic~s lien, to be ~
~ placed oii a~ove property. If: is 'mutuaZly te~ceed that this agreement on the paxt of . j
~ the secend p~.rty does not inPer a4ny consent on tho part of the firat Parties to do ur~y-
~ thing vr:~ich mi~ht resul-t in such a 1ien, aa the first par~ies expreesly deal~.ne to give ~ }
i consent ~;o any acts by the aecond party which may involve encumbering of above property~ ~
~ or the cl~uding of the title thexeto.
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t_~ , j. `_'.~e first parties will keep the dwell~ing at above address insured a.gainst
~ F loss by ~'ire ~:nd extended coverage in the mi~limwn amount of $6,000.00, with loss pay-
; ~,ble to :ne respective parties hereto as their interests may appear; rmd insurance
~ premium •:rill oe paid pro-rata as of ttovember 17~ 1964 upan furnishing marketable,title,
~ ~s ~oove. _ '
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6. Qpon completion of pttyments to be made by aecond pa.rty ~.nd interest thereon, ~
as a~eed, first parties covenant and e~ee to convey a good and marketable title to
the subjeat ~roperty to the $econd part;~~ her heirs and assigns~ free and clear Of ala ~
~ ~ liens ;{::a encumbranees, exoept as to tr~xxes after 1y64, and except as to such liene and~ ~
or encu.mbrances as may come into exiatence hereafter throu~h no fault of the firat par-
ties, xilcl excent as to ~uch liens and~or encumbrances as the seaond p~rty u~:y h~ve im- ~
posed or ~ver~iitteci to be iniposed on said tit].e. ~`irat parties agree to use dus dili-
gence in cleFring title; but do not guara.ntee to Surnish marketable t~t~.e.
7. In case of the failure of the second party, her hei.rs and asaigns to ~::~r t
either o~ the p~~,yme~ts, or any part thereof, or to perform ~.r~y of the coven.~nts on
her part hereby made and entered into, and such ~a~lure or def~u].t shtzl~ continue ~or -
a period of more tii:~n tnirty-one (31~ cl~ys, this Contract ah~,~,l, at the option o~ the ~
; first parties~ their heirs, and ~ss3~ns, be termin~:ted, and all ~mounte paid hereu.ridor .
~ sha21 be the property o#' such fir~t ~~rties, t}iQir heirs and assi,~ms, ~Y1o shall have
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