HomeMy WebLinkAboutScan_1973
1.15'
,/1
i
~
the parties of the first part hereby oovennnt llnd agree to' oonvey to soid Ade Lee
:Won'is in fee simple. olear of 011 enoumbranoes Whatsoever by 0 good on1 suf:1ci~lt
'\'.orrf.nty Deed, all the follov;ing deeoribed pieoes, 'paroels or lota of land E itu&ted
in ~ort Pierce, ~t. Luoie ~ounty. ~lorido, to wit:
Lots .i'ive (6) nnd Six (6) of Jjlock "Q" 01 ~1ttlUlr & MoCarty'S Hevision of their
Hesubdiv1aion, eta., 80~ording to p16t re~orded on pago'3 of Plat Book 1, ;-IeooNa of
. st. .Luoie Coun~, Horida.
'4'OG~Hili w11h all impr,ovements, easements, hercditf,ments end apnurtenenoes there-
, l.mto belonging.
.Ani the soid perties of the second flirt bereby covenrnt end agree to nsy the s61d
H. A. Holmes in consideration thereof the Bum of 'i"'O 'i'houstmd ani ~ive ;;undred It2.600.00)
Dollars in the marmer follav;ing: '...he sum oi' Vne rtunJred l~lOO.OO) Eollr;rs in cEsh, the
receint of wl~ich is hereby acknowledged by 'the faiJ parties of the f'irst pnrt. end the
re~inder in installments of ~60.00 each. ~yable eYer~ suocessive three montts, begin-
. ning three monthE after date. ~cid deferred ~yment~ Shell be evidenced by ~rocis8ory
notes of even da te herew !th. bel:rin~ interest after dote at the r!.Ote of :;ight per cent.
per annum, interest being payable at m:,turi t:l of' note. Said note sh~ll be n: yable at
the Bank 0 l' .t.or t Pierce. ~ ort Pierce. ~ loridc.
~~id notes may be paid before mfturity in
which eyent interest stull be computed to date of payment. ~dd notes ehnll be made
payable to the order of :i. i.. holmes t.nd signed by :.da l.ee ..t)rris End ,.,alter .Lee .;orris.
"J
....he parties of the Hrat ~,rt agree to pay all past due taxes on sdd trbct of
land including taxes assessed for the year 1916. ~he nnrties of the second PGrt Stell
pay all taxes beginning \'.1 th those assessed for the year 1916. 'l'he parties of the
second pfort covennnt l'nd &gree to keep the house on 'sf:id property insured in 9 sum not
lees than ;:800.00 for th~ benefi t of t.he T'Erties of the firf't prrt Cf: tl:eir interest
TN'Y oP!lec.r f!ni to ooy the nremiu:n thereon.
~t is mutu~.lly ~greed thet the ptirties of the second 1)E'rt m~'y go into immejiate
possesaion of said }remises. but th!i.t the title to the Sl::me 31611 be retrdned by tte
parties oi th e first ~rt until all the covenants and agreements of' the J)ertieE Of the
seoond pLrt h~ve been fully perfonned.
J.t if) :further eX]l1"essly covenanted and agreed by the !1lrties hereto that in the
event of the failure of the JErties of the second pEirt. to :u<ke the payments aforesaid
:is they become due, or any 01. them. both prinoiprl and interest, then ell the righ\;s
(
ti
. of the }>Lrties of the second part in and under this contract end to the TU"operty described
ther( in mall be forfeited en1 terminated. am the psrties of the firf:t ~;rt sh:..ll he....e
the right to rotoin all sues of money p,id under the terms of this contract as rent
for suid land and Os liquidated d~mDges; and the said parties of the flrEt pert Shell
have the right to re-enter am take ~}()Bsession of the premises afores91d without being
ltnble for any aotion therefor.
This agreement shall be binding on and inure to the benefit of the heirs. exeoutorB
sdministrators and assigns of tho respective parties hereto.
IN WI~NEBS WHKRBOr. the parties hereto have hereunto sot their respeotiv8 nemes
and seale the day am yeer :first above written.
~igned, S8lJled 'nd delivered
in the presenoe of:
j'. ,L. lie:llllingB
Vida Bean
H. A. HOLIBS (SEAL)
CARRIE U. HOLUES (S~L)
ADA LEE HORRIS (SEAL)
WALUR LEg NORmS (:.;.IW.)
"~7 ~,;,:"~.~ ',~ .<~,;>;:: :f~~,~/~~~/_'iU':~~:,):'~,
. . - -......: ;. ,-'~-' .~:.. ...:-.".
~ . - ......
. ..". "..~-;.~:,~L',;~7:::~~~>