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HomeMy WebLinkAboutScan_1145 484 CARL E. GHA Y AIm WIFE '1'0 L. '1'H0),f80B. KIlTG AUD \"iIFB AGR!1WIDT. FOR.DBED~.-" . ATRICLBS OF J.GRBRlJKUT, Made this Bleventh day of June in the yeor of our Lord l>ne ttOUB8nd nlne hundred and Twenty-~hree BET"BEN Carl K. Gray and Gertrude C. ~roy, his wife. party of the first pert, Bnd L. ThomSOD King Kunioe H. King, his wife, parties of th6 seoond pert, WITNKSSBTH, That if the s8id ~rties of the se~ond part shall first make the pay- mentE 6nd perfD~m the o~venant2 hereinafter mentioned on their part to be made ond per- J ;: formed. the Baid p~rty of .yhe firct part hereby oovenant and agree to convey and a9sureto the 88id partles of the seoond port, their heirs, exeOtltore, edminlstratorE or af;si~ns, in . , fee simple, olear of all incumbr&noes whatever, by a good and suifioient deed, the lots, pieose or paroels of ground situated in the County of Saint Lucie, State of Florida, known and described as follows, to-wit: Beginning at a point on the west line of the north-west quarter 01 the south-east quurter of Seotion Thirteen (13), :a:ownshil>~hirty-three, South, Range ~hirty-nine KaBt, whion is 418 feet South of tr.o oenter of seid seotion 13, run South along the ~est line of the seid Borth -west quarter of the South-east quarter of Section 13, 797.4 feet~ Thenoe Best 646.9 feet to the ce~ter line of the Dixie Highway, Thence north-westerly along the said oenter llne of the Dixie Highway 834.8 teet. Thence 'iest 430.46 feet to the point of beginnlng. Contalning 9.86 aores, more or lese. and the said ~rties of the Eecond pert hereby covenant end ogree to nay to the aeid nerty of the first pert the sum of ~welve ~housend Dollars. In the ~hnner following '1500 as first payment. upon the exeoution 8nd delivery of this oontrf;ot end ",1500 on the J!'irst day of January of each end every year. until the total sum above D6me~ Ehbll be paid. with interest at the rbte of six per oentum, per annum pbyeble semi-annually on the whole I BUm remaining from time to time uppaid; and to pey all taxes, assessments or impositlons that m6y be legally leYied or Imposed upon aaid land subsequent to the JeBr 1923, eod to keep the buildings upoo seid preoiees insured in some compeny satisfaotory to the party o f the first pert in a sum not le8s than ~hree 1bouB8nd Dollars during the term of thls agreement. ~nd In ocee of failure of the eaid parties of the seoond part to make either of the payments ~r any part thereof, or to l>8r~o~m any of the oovenonte on their pert hereby mbde and entered into. this cpntract er.all, at the optlon of the party of the flrst pert, be forfeited and termlnated. and the r-artiee of the seoond rart e~Dll forfeit all pe:moonts made by them on thie contract; end suoh payments shall be ratuined by the said party of the first part in full satlsfsotion Bnd liquldation of all damagss by h~~US- tained, end said party of the flrst pert shall have the ri~ht to we-enter and take posses- sion of tte premiees aforfls8id ~ithout beln? liable to any <aotio~ therEfore. IT IS MUTUALLY lGRBED, by and between the pertie. hereto. thct the tlme of pay- ment shell be ao essential 18rt of this oontraot. and that all oovenants and agreements here-:' in oontained shall' extend to end b. obligatory upon the heirs. executors, sdministrutorB end essigns_of the respective par,ties. IN WITliKS~ I~, ~he p8rties to ~he~e pr.sents have hereunto Bet their hands end I se81s the day and year first abOve ~Titten. Signed, sealed and dellv~.d ..... .. Paul H. Hisle Be to Kings L. L. Sear\es as to Grays in presenoe ot:) ) Oarl I. Gray Gertrude B. Gray L. Thomson King' Bun10. H. King (S.ul) (Seal ) _:...-- ~ :".- _" -. ....~ .....,. >---to:-~t._',.:.."_.<>.', ., (:: <':~<;}>.~:.::~>>;.~ :~(.:~,:~,~:;,\ :::'J:: ..", 8UTB ON Illinois ) . -C OI.I1tl o~ooJt ) ..