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WI'l'lffiS~ETH, That if tIle said parties of tile seoond part shull first make the payments and
perform the oovenants hereinaftor-mentioned on their part to be made end performed, the said
parties of , the first part hereby covenant and agree to cOnvey and assure to the oaid parties of the
second pert, their heirs, exeoutors, administrators or a3:!18n8, in fee siml'le, olear of all
inoumbranoes whatever, by a gQod ~~d suffioient deed, tile lot, piec~ or parcel of ground. situated
in the Countr of St. Luoie, State of norlda. known and described as follows, to-wit;:
South half of lot soven, Block eight, 03ceo10 Park Addition to the City of Vero,
Florida. more particularly described a9 the south 49.55 feet of lot 7, block 6,
fronting on Vero Avenue, in Osceola Park, .
and the said parties of the second part hereby covenant and agree to pay to the said part of
the first part the sum of Three'Thousand five hundred Dollara. in the manner following $500.
cash on delivery of thia_,contract, receipt of which ia herewith acknowledged and ~40. per month
each lJonth hereafter on the 15th day of each raonth. beginning January 15, 1925 the m.::nthly
,
pa~~ents to apply first on the interest snd then on the principal. ~ith interest at the rate
of eight per centum per annum, payable se~i-arillually on the whole sum remaining from time to
time unpaid; and to pay a~l ta~es, aJsessment~ or iopositions that ~a:r be legally levied or
imposed upon said lend subsequent to the year 1924, end to keep the buildings u90n said pre-
~isea insured in some company satisfactor:r to the terties of the first rart, in a sum not less
than
Dollars. during the term of this agreement.
And in ces~ of failure of the
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said pnrtico of the second part to ffia~e either of the payments or any tert thereof. or to p(rform
any of the co~enents on their part hereby made and entered into, this contract shall, at the
option of the p&rties 0f the first pert, be forf~ted and terminated. ana the parties of the
second part shall forfeit all pa~~enta made by them on this contract; and such payments shell
be retained by the said parties of the first part in full sati~fec~!on and liquidation of all
damages by them sustained, and said parties of the first ~art shall have the right to re-enter
and take pos"Oessioll of the premises aforesaid without being liable to eny action therefor.
,
IT IS~~TUALLY AG~~~D, by and between the parties hereto, that the time of pe~er.t shall
be an essential part of this contract, &nd that ull cover.aDts end agree~ents hereir.,co~tained
shall extend to and be obligatory upon the heirs, exec'.1tcrs, ac::.inistra.tors and assigns of the
respective parties.
II! nI3!~~SW~~~C?, the parties to these presents have hereunto set their hanos and seala
the day anG yeer first above written.
Signed, sealed and delivered in
presence of : as to ?rank ~. And Carr1-~~'
~utherford.
~A!:K J. ~UT!!::3?ORD (Seal)
Car~ie O. !{utherford (S~al)
James T. VQcelle
(Seal)
(Seal)
E. J. 'Rood
~
1rary D. Vocel1e
:':ill1e A. Weeks
"\ 0v4 1:;; ~""'A-
Paul H. liiale ) ... ~":~ .& .
&. J. "!/QQO,
STA.?.3 Cii' ?L03!DA
3T. LUCIE COv~;TY.
,
On tr.ls. day personally appeared before me, an officer authorized to take acknowledgwe~ts of
deeds, etc., ?rank J. Rutherford, Carrie O. !{utherford, his wife to me well known, and known
to be the~ persons who executed the within agreement, and acknowleoged that they executed the
ssme for the purposes therein expressed. A~~ the said Corrie 0: Rutherford, wife of the said
hank J. Rutherford upon an examinat1on&taken by me separate and apart from her said husband
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