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IlmIArI RIV~R ORAl!Q3 A;m
TRUCi: LA!IDJ ~Ol!PAllY TO l!. G. TAYLOR
APPLIC.1.TIOll BOR :COIITRAC'i' TO EURCHA53 LAUD
(AXECU1'3D nl DUPLICA:rE)
I. M. G. Taylor of (P.O.) ,t. Pierce County of 3t. Luoie, Jtate of Fla., hereb~ ma~e
applloution to Indian River Orange and Truck Lands Company. of' Kansas City, ~i8sourl, herein-
af'ter called the Company, to purohase the following d€scrii.ed land owned or <;ontrolled by
1t~in,3t. Luoie County, Florida, to-wit: Lots 3 i 14 of Jeo. 18, Twp. 35, Range 40,
oontaining 20 acres, more or le9~, at the price of ~150.00 per a~re, upon the follo~ing
terms and conditions:
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~hid application, when accepted and ap roved by an offioer of said Compnn~, at its
offioe in Kansas City, Kissouri, nball thereupon and not before, becoree n binding contract
of "talt and purchaae of sllid land, entitling me to immediate :possession and use of said land
without any paymenta for five :;e:H3 from d'lte hereof other than r"y notoJ3 for five ~er cont.
interest annu!lll~' on said ~urci:u:;e price, to:'ether with .t:aymr;et, ?,hen due, of wI taxes,
general unj speci~l, inclu~lng dralnag~ t9xe~, on said land.
(Plans by which deed rnay he sccured:)
(Ro. 1.) If at any ti~e during suid five year3 fro~ d~te hereof (provided I shall not
be in default in the payrr.ent of' said interes~ and taxes) I shall have fenced said l~nd and
planted one-half' or more thereof in ci trus .fr::l t, in a mam:er apfToved bj" tie Oo:.mty Agri-
cultural Agent of' .H. Lucie County; or,
(lio. 2.) I shall hg~e fenced said land and built thereon u substantiGl d~~11ing house
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of not lesa than three rooms and ot'_er neCeSiJ;HY improvementa sui table for rel'lidence and
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shall a190 have planted on8~fourth thereof in citru3 fr~i~, and tended the anrr.e for two
year.i, in a rr.anr:er ap'r:n'ed oy said C"ant~; A€;r:c:J.tur!ll Agent, then, in eit?-_er of l!ui::l events
I shall be entitled to a ....arrant~. deed conve~'lr:g "aid lund to :r:e or to 1:,:;' hei rs or le?d
representatives, cle8r of e~cilmbr9nces, with an nbatract ahov;ing clear r:erc!1ant!ible title
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thereto l~,grantor, ufon ~iving my ~romis~Jry nJ~e (joined i~ by UY wife) for 3uid entire
:purchase prioe. benri~g 5% interest nnn~a~ly, due fifteer. years aftpr t~is date, secured
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by 0 m~rtgage back on said land in the le~IlI f0r~ in use in Florida.
(No.3.) Whenever at any time durirg said fl":e ;;e':.r period or at the end thereof (f'lC-
videa I shall not be in defllul t in t::e pOj'ment of said interest ,nd t"xes) I shall ray in
oash one-third or more of' sm d furchuse nice I s:--r,.J.l be c~.;'i tIed to a:.of; warrant:,' deed and
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abstract upon exccuti:lg suer: note "nd Glort?,l.ige to m~; gr'illtor evidencing and securj!ig the
remainder of' sa jd purchase I;rice, be~ring 5~ interest annuall~;, due fifteen :,'e6r8 after thols
date. Frovlded I shall hf.lJle tre privile"e of paying 33id cr.tire purchuse ~.ric6 !1t m,:,' time
and receiving auch ~arranty deed oonveying s,id land clear of er.c~mbrance8 except tuxe~ with
suoh ab:'ltraot showi ng cle!<r mercr.ant,.tble ti tIe ift ~y gran tor.
I herewi th eXGcute~nd .3el iver m.}' :pror:.issory note of e7en date here....i th, }:ayable to J. - J,
Helm in the Rum of' 1160,00 due one yehr after date, being 6% interest for one ye~r or. sild
purchase price of' 13000.00 and a~ree t:> l.:ay the Raffie when due, tc,~ether with rr.y pro-rata-
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share of' all taxes, general and specLl, including drain:i?e tuxes, th'.tt may beoo:ne due on
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said land during said f'1rst yeur; and I further 9~ree to exeoute hind d.liver a like note
tor the BarJe sum at ti:e beginni ng of euch of the four ~ucoeeding yeurs, due one ye'_.r after
ihelr respective dutes oovering 6~ intereat on aaid PllrchuS8 price for $laid years, and to
pay, when due, all said taxes for said yaars, unless in t:-.e m8tlnti:t:e I ahall hflve taken
title to said land under some of the foregOing provisions.
When I ah81l have paid said first year.'s interest note ;:1ld said taxes, and executed and;'..
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delivered said seoond ya~ 8 interest note, said oompany Sholl and will exeoute andd~"i'~ tk
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