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AGRT:EMENT ~'UR UEED -i'~
DlJ~DE thi5 the 15th day of Ml~y , A.D. 1975, between
BACKUS ENTERPRISEB, INC., p~rty of the first part, and ~
RUFUS M. ROLLE and SUN Ae ROLLE, his wife, party of the second
part~: .
NIT~;ESSET~i, that if the said party of the second part ~
shall . first tr.ake the payments and ~erform the covenants here-
inafter men~ioned o~ their part to be made and performed, the
said party of the first part hereby covenants and agre~s to
convey ~ and assure to the said party of the ~cond part, in fee
simp~e, clear of all encumbranres whatever, by a good ar?d suf-
ficient warranty deed , the following described land, situate -
and being in , the County of St. Lucie , State of Florida, _ to-k•it :
Lot 4, 1¢ss the North 5 feet thereof, LA VARt~
SUBDIVISION, accordina to the Plat th¢reof, as
~ - recoraed in Plat Book 14, Page l5, of the Public
Records of St. Lucie County, Florida.
'~lc~tS~ sv~- C-~? ~'>n~~
ar~?d the said party o~ the second part hereby covenants and agree
to pay the said party of the first part the sum of T~iIRTY THOUS D
AND NO/100 ($~0,000:00) DOL]GARS, less a down payment of $~000.00
~ for a balance of $27,000.00, together with interest from flate
- at the rate of 8 3/4$ per annum, saic? principal and interest
being payable as follows,_to-wit: ~
~~"~~~~8 on ,~mrl~ 16, 1975, and ;221~.98 on the -
16th day of. each succeeding month thereafter -
- until the full sum of $27,000.00 is paid in full
- together with interest of 8 3/4$ per annum . on the -
unpaid balance~referred to above. Each payment
shall first be applied to the unpaid interest and
then to th e principal. Privi lege of prepayment on ~
_ any . sum on principal is granted without penalty.
~.m.~. . _
~--.c~ Insurance and taxes for the year 1975 shall be
~ i`'~~; ~ -pro rated as of Md.i? 15, 1975, when the t~x bills
o come out on November 1,. 1975. _
~ ~ .,a. -
_ lr~ In the event this contract is ass~gned without the
_~J~~;.-=,-~ written consent of thP sellers then the full unpaid
'''t~~'` baiance of the obli ation areferred to above shall
. :ll;'>~•.` ,~y. i - q -
- i-~-~~'~~_!~± ~ become due and p«yable, In the event anyone other
than the buyers occupy. said premises for .more than one
Q,~ r . week, the full unpaid balance of the obligation
~Li1~i} referred to above shall be come due and payable. - -
wlr~ ~
~ ~i J ~
:-'Q~~~ 3t~1 : ~sriD the party of the second part hereb~ further covenants
~ ~}--i>;~ : a° and agrees to pay proYnptly when due the nrincipal and interest
~;fj~;~,f~~j~,i~= 4 and other sums of muney provided for in this agreement; to~ .pay -
t all and singular the taxes, assess~r.ents, levies, liabilities,
i Z 1 6~ r cbligations, and ~encumbrances of every natur~ on said property;
~;,v3~ to rezmit, consnit or suffer no waste, impairr~.ent or deteriora-
"~ouk~r ti.on of said land or the improve~rents thereon at any time; to
~ _ F ~ keep th2 buildine~s now or hereafter rn said land full insured
~ in a sum not less than the amount remainina from ti~:e to time
unpaid-in. a company or_companies acceptable to the_party of -
. - the first part, the ~olicy, the polici~s to be held by, anci
E i payable to, said party of the first ~ar.t, arid in the event any _
~ sum of money becomes payable by virtue af such insur_ance t,he -
~ ~ art of the first
: p y part shall have the right to receive and
apply the sa~r,e to the indebtedness hereby secured, -acc:ounting
to the party of the second party for any surplus, to pay all
' _ costs, charges and expenses, includina lawyer's fee~ and t~tle
' , searches, reasonably incurred ~or paid by the party- of the first
part because of the ~ailur~ of the_party of the second part to
: PHILIP G. NOURSE pro:nptly_ and full cs~mply with the agreements, stipula~ions,
=
-
~ ' AT70RNEY AT LAM conaitions and ~ovenants of this aareement; to perform, ~ comply
133•A NORTH FOURTN
- FORT PIERCE, FLORIDA - _
TELfit:~J:33 (3~5!161.i~a~ ~ ~ RECEIYfD ~ U IN PAYMEtR Of TA~
' ~DOK~~ V P~~E 1 2?
i ~ E O N C t A
S S `
C' I N T
A N G{ 8 L
E P E R S
O t. A I P R
O P E .
pURSUAiYT TO C~IAPTER 71•1,y4. ACTS JF 19)1.
` - ROG~ POITRA~ [
` ~ ,t ~ S ~ CIERK CIRCUI7 C4URT, ST. LUCtE CO., FLA '
~ ~i
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