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HomeMy WebLinkAboutScan_2229 - - - -'" :':' .,,' "'. _..:~;>>~:.~ :.'., .-:.,.. ~. ~ ,1GB f~ ~' ~; l, ~ ' ; f; ~. , ,.: ~-.:....;:,,:z-.~~:"";':'-:-,':';:'-~-..:...l.;':;.::.-=.: ~~::=:;..::;:~:.,-:..;;....~-,":"'.-,;,:,:=,~':3.;':';':'':':'~~:;'::: :-;::;--'....r~~:.:...::..::.~.:..;:_::.::..::.;:;~~":.;:;.~~..;:..-.;;..:..-~-~~,~.::-il~.:.:.:..:.:::-.:~::..::_~:......:...:.:..:;.::....-: ";'-.:"';':;":':":"';':"':';___~' -..;.:.:..:' .__-i-_ . ~ IT DR)lIWRBRD. ~hat on ,~1. 30th ~y of lorellber. 4. D. 1923. I. P. O. .Blclred. Olerk, elf the Oirouit Court ,in and tor said Coun~. haTe dLlly reoorded the foregoing Deed. in ~~ " } ~ .,' i' r r , ~ " Publlo Reoords of laid Oounty. . .. II ~TlfBSS YfBKRB07. I h\Te hereunto .et -,q ham and tbe leal of 8aid Cout.. tbe dq and year aboTe wri~ten. (dT. OT.. SBAL) ....- ,~~ ~ , . ',P. C. Kldred. Clerk Oizoa.1' Conrt BY~~ D. C. . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .-. . .,. . e.. . . . . . . . PALM BBACH IBPROVKIlEBT COKPABY 1'0 AGR&KME., H. P. 3llITH , . THIS AGRKKMEB~. aade thil the 9th day of BOTember. A. D. 1923 between PALM BEACH 1M. PROVKYXBT COMPANY. a oorporation under the laws of ?lorida. wltb ita principal plaoe at busi- De.. at West Palm Beaoh. 110rlda. party of tbe first part. and H. P. SMITH of Palm Beaoh Ooun~ ty. Plori4a. })fIrtl of the second part. .. . . I ! ' I ; WITNESSBTH: That the said p!Lrty of the fir.'t part. .'for and in oonsideration of the ja~ent8 to be _de and the ,o~dit10ns~ st1pulaUon. and oovenants to be kept and p'er:tarmed as herelrafter let forth. does 0 ontzaot and' agree to sell and oomey to the said party of the 'seooll4,patt. his warranty deed free and olear of all inottmbranoes and defeots in ". heirs and aRsl~nl. in fee simple forever. by ,ood and suffioient/title. exoept ouoh inoumbran08s hereafter refeued to ani especially assumed by the party,'of tne second P.!llt. the jbllowlng des. orib.d land situate In'9t~ Luoie County. Plorida. to-wit: ~ All of Lote One (1). Two (2) and Three (3) leS8 the west Tbirty (30) ~cr8s of Lot Three (3) of Seotlon Three ~8); &.lso all 'at Lot One (1) in geot10~ J'ou (4); also Lots One (1) in Seotion Ten (10); all in Township Thirty-one (31) south of Range Thirty-nine (39) east. The purchase prioe of said land i8 Pour Dollars and l1tty'Cents (f4.60) net per front ! foot OD tbe ooean frontage. the aotual purchase prio. to be determined hereafter by a~ acou- rate survey to be made of sijid land whioh the party of the first part agrees "to have made at its own expen.e. and agrees to turn18h to the Pe.rtl of the seoond part a blue.print for saId showing . lan_/all, the ~orners and the 80tual ooean 'frontage. That the purohase prioe of said land shall be ~yable as follows: That'is to say. One Thousand Dollars ($100QD0) shall be 18id upon the execution of this agreement. the reoeipt whereof is hereby aoknowledged; a further cash payment of Pifty.seven Hundred Dollars (i6700.00) &hall be made when the deal is olosed and deed executed' aDd del~vered fb.~efor; a further SUI of Ten 1'housand Dollar s (PO.OOO.OO) shall be paid.. in the foll01l1.08 manner: That is to say. it .. t f :, ~ - r n , ~. is understood and agreed that there is now a mortgage on said land in fav~r of Ocean and Indian Rinr Denloplient Company to seoure the sum of Ten Thousand Dollars (tlo,OOO.OO), one note for rive Thousand Dollars ($1;000.00) maturing JllDe 13th, 1924. and one note for live Thousand Dollars (16000.00) ma"uring June 13th 1926. payable with intereat at the rate of eight (8) per oent per anom. and 8uoh deed as shall be exeouted by the party of tbe first part to the party of the ,.eoond part for said land shall be expres81y made aUbJeot to sald 110 risas. 1I1i oh the part)' of the seoond part agree. to alRume. pay oft and disoharge as part of the purohase 'prioe tor ..id land, with int.rest whioh may aoorue thereoD subsequent to the date of the ex. . eout1oD of .aid de.d; the balanoe of the purohase prioe shall be deterlll:1ned by aotual oom.pu- '~,tioD on. the basis of J'oqr Dollars and lifty Cents (f4.50) Det for the ooean frontage. and t1multaneouAly with the exeoution of said deed the party of the seoond part agrees to exeoute i ~' ! : I r " ~; I i i ! ~ ~ ~ .... '~':':.'.: .' ,':' . :) (~: ~<~:.~: .,J~.'. " J r #- .' ] R.' IJ .'