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HomeMy WebLinkAboutScan_0160 16U ", lIo.....--A.:.~A..b-.....LIr\._..l ....- ------- -.-- - -- - -. ~- 1,'1.,. '.' ~ . , ~ ; '~ ! . . _ 6L ._.. .~..~ _...._ __ _~ - ." VBRO FIN.1JICB . DlPROVBKFJf't CORPORATION to H. C. D1% et al AGRDJlBB! 'OIl' DB>>. ~OLBS 0' AGR&BlIElf!, Me4e th18 18th day of November in the ,ear of our !tord one thousand n1n. hundred and twenty-fo\~ BETWBIHVero 'inanoe . Improvement Corporation a oorporation - under the law8 of the State of J10rida party of the first part, and H.C. Dix . Lila R. Dix his .ff. & Bor8~ A. Swan80n a baohelor. of Chicago, Illinoi8 party of ' the seoond part. WI 'tNBSSB'tH, That if the 8aid party of the seoond part 8hall fir8t make the payments and per- formed. t.. 8ai4 party of the first part hereby oovenants and agree" to oonvey and assure to the said party of the seoond part, hi8 heirs, executors, administrators or a.slgns, in fee simple. olear of all inoumbranoes .hateyer, by a good and suffloient deed. the lots,' pieoe8 or paroele of ground situated in the County of St. Luoie State of 110ri4a known and desoribed as follows, to-wit: All of Blook Hine, Original town of Vero, as designated on plat of town of Vero flIed by Indian Riyer 'arm8 Company in the office of the Clerk of the Circuit Court of St. Lucie County, norida. and the said party of the 8eoond part hereby oovenant8 and agrees to pay to the 8ai4 party of the first part the sum of Ten thou8and Dollars,' in the manner following '2600 on deliyery of thi8 oontract (reoeipt of $160 of this aum ie hereby aoknowledged) and $2600 on or before Boy. 18, 1926, $2600 on or before BoV.IB. 1926, $2600 on or before NOT. 18, 1927, said deferred pay- mente being represented by notes of eyen date herewith with intere8t at the rate of eight per centum, per annum payalbe semi-L~ually on the whole sm~ remaining from time to time unpaid; and to pay all taxe8, assessments or impositions thst may be legally levied or imposed upon Baid land subsequent to the year 1924 and to keep the buildings upon laid premises insured in 80me company satisfaotory to the part of the first part in a sum not Ie.. than ------ ~Dollar8 during the term of this agreement. And in case of the failure of the 8aid party of the s6cond part to make ei~her of the payments of any part thereof, or to perform any of the ooyenants on hi8 part hereby made and entered into, this contract shall, at the option of the party of the first part, be forfeited and terminate4. and the party of the se- cond part shall forfeit all payments made by him on this oontrac.;and suoh p~ents shall be re- t~ined by the said party of the first part in full s8tl~!action and liquidation o~ all d~ages by it sustained, and said party of the first part shall have the rl~' to re-enter and take possession of the premises aforesaid without being liable to any aotion therefor. IT IS MUTUALLY AGREED, by and bst.een the parties hereto, that the time of peym6nt shall be an essential part of this oontraot, and that all ooyenants and agreements herein oontained shall extend to and be oblige tory upon the successors, heirs, executors, admintstrators and 88sign8 of the respectiVe partie.. IN WITNESS WHEREOP The parties to these presents have hereunto set their hands and seals ~. the ~ and Y.8r first above writtGn. ;), -" ~ ( Signe Hutchison SeoretaTY. 1) deliYered 1n preeence of: (Corp. 9Aal ) TBRcrnu.llCE II IHPROVEllEHT CORPO:t\TIOB ~ A. Y. Hill President - ~~' .~.. Attes Xeeter SahIb Fark If.Uh ),(. Babb STATE or PLOR IDA', St. Luoie COUHn. . - ~On this day per80nally appeared before me, an officer authorized to take aoknowledgments of deeds, etc., A. K. Hill and John LeRoy Hutohi80n,to me w~ll kno~ respeotively .. pr.si4ent ,._" . 0- ~. ~)J ~ i - -..... 'o~,}8~$~ ~__ :c~::--:;..".--=,,""..:~ , . - I ., "- -~- '~'''.n'' -' ,'",,,.. ~.<?:. ,:,,~;t!~.li~~