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HomeMy WebLinkAboutScan_0881 000 'Y~ ~ . TO H. P. Tn LLIAIlS OONTRAOT }~R DBB>> This Agreement. Made this sixteen~h day of April 1923. be'tween J. 101. SAKlLB. and J. K. SUII'LB AIm'WIlI MARY H. SAllPLB. his wife. .,.rUe8 of the first part, end H. P. WILLIAWS. party of the se- .ond part. WITHBSSETH. That in oonsideration of the covenants herein contained. and the pay- mants hereinafter mentioned to be made by the party of the seoond pert. the 8aid partie8 of the first part hereby covenent~ and agree to oonvey to the said party of the second part in fee 8imple. olear of all inoumbranoes whatsoever. by a good snd suffioient warranty deed, the following desoribed land. situated in st. Luoie County. Florida: COlllllenoing '1'110 hundred and ten (210) feet South of the llortheast Corner of the llorth- .est quarter of the ~outh.est quarter of Section Ten (10) in Township 'ihirty five (36) South. nange Rorty (40) East. thenoe run South One hundrEd and sixty (160) feet to point of beginning; thenoe ~outh .i~fty (60) feet. theDOe flest One hundred (and seventy (170) feet. thence North Eifty (60) feet. thenoe East One hundred and seventy (170) fEet to the point of beginning; o~mt6ining one-fifth acre s. aore 0:: less. Less right of "IIey of Weet Street. And the soid party of the seoond pert hereby covencnte End aerees to pay the 8eid parties of the first part. in consideration thereof. the FUm of ~~'lve Hundred Doll~rs (11200.00) in the men~er following: The ~ of One Hundred Dollers ($100.00) In oash. the receipt of wtloh ie hereby acknowledged by the perites of the firFt pert. and tte ,belecne in BUcoeEsive monthly in- stellmente of Fifty Dollars (i50.00) eeoh. until full purChase price is paid. The next installment undEfthis oontrLot shall be p8~able on the fifteenth day of May. 1923. and suoceeding installments shall be paYbble on tee some dfJY of er'ch suoceeding month there- Inst8l1~nt8 shall bear interest at Ei~ht per cent per annum from date until paid. The parties of tee first ~art agree to pay all taxes and a~se6.mentB for the ourrent year. but the party of the second pert sholl pay &11 texes and assessments ~s8seeEed against efter. 881d property after ~ecember 31st. of present year. In the event that the party of the seoond pert feile to pay texes and assessments on said property whioh should be paid by the said second part. then the parties of the first part m6y pay ~te same; but said amount ?ith interest _at eight per oent. per am_um sh6ll be repaid to the parties of the first pert be- fore the delivery of the deed herein provided for. The party of the seoond part shall have the privilege of paying in oash the ~hole amount of installments of prinoipal remaining unpaid at ai17 time. It is further expressly cO~6nanted an. agreed by the p6rties hereto that In the event of the faulure of the party of the second pert to rneke the -pe:''lIlents efore88id as the:; beoome due, or within sixty days after they beoome due. or any of them, both principal and interest. then all the rights of the ]:erty of the eecon:l pert in end - under said contract end to the prcrrty de_soribed therein shall be forfeited find ter:ninated, and the parties of the first part shull have the right to retain all ~ms of money ~id under the terms of this oontraot as rent for said lend end as liquidated damages; and the soid parties of the first pert sholl hove the rifht to reenter Elnd take possession of the -oremiees eforeaaid without being liable for any action therefor; or the partiee of the tirst nart may bring suit for the f~reolosure of this oontraot. in .hioh event the partiee of the first ~&rt ehell be entitled to a reasonable attorney's fee, toge&her.wlth the oosts and expenses of suoh suit. ~h18 agreement shell be binding on and inure to the benefits of the ~eirs. executors. ad~ni8tr6tors, 8uooessors and assigns of the respeotive parties hereto. Provided. ho~ever. thet no aseiglliiient 01 thie oontract by the party of the. saoond ""rt ".11 b b .- BUll . ind ing on ': :.~ .~\>'.t.:', ~_~- ~:.,:-: ..'__~_ -;'-,;~<>\, . r -.~~.... - ~ - ~. - - . - . :~.; ,': ~-"V'-'~' -.'~+'--F~ ~_~.. _ ,": '. I '/ . i , I . I l ~: ~ '1 \1 1 ) , i -. ~ ~ . ~ '.' .:~ 1 :1 ~ ~~ . -' - ~ <. .~-~~- -':'_-'\:'~~':':" - . ~~ : -~~: ..... . . ! ~.- .~ .' - -.-