HomeMy WebLinkAboutScan_0290
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I oonveyed to
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prevent the
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any person other than of the Cauoasian reoe, pro.ided that nothing herein oontcine~ ehall
keeping and meintain~of servants on the said property for reaoonable family use.
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5.
No building oommonly known as an apartment house tor oooupation'of more' than one
family, nor ~syl\un, nor hospital shall be ereoted or used for suoh purposes on any lot Qr lots in
UaraTilla, exeept that designated for business property by party of the first pert.
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6. That if said second party hie heirs, personal representatives, or aasigns or any holder
or holders of the property here'll, oonveyed . by virtue of any judiolalproceedinga Shallft~ll to oom-
ply with any of the above and foregoing restriotions, oonditions or limitations within sixtl
days after weitten notice to thes.id seoo~r8rty his heirs personal representatives or assigns
or any of the.., 8t Pt. Pierce 11a or their last known address, b~he ,a'4 partyof the flrBt~rt
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, ita suocessors, personal representatives or assigns. or either of the~ then the said ,above
described and~conveyed pyoperty shall immediately revert to the said first party, its suocessors or
assigns, who shall be entitled to i~ediately enter upon said property without notice. ' and tEke
possession of the same with lUll title in fee simple, together with all improvements thereon. and
no wei~er of any of these conditions, limitations or restrictions, e.press or implied, ~ feilure
for any l~ngth of time to enforce the same. shall oonstitute a ber to such enforcement at any time.
7. That the ~ party of the first part, its suooessors or assigns, shell have
the right. from time to time, to release any of the above or fo~egoing restriotions. cOl.dltions
or limitations by sealed instrument duly executed in accordsnoe with the laws of the State of ~lori-
da for the conveyan~e of real estate.
It is further stipulated and agreed by end between the parties hereto, that in the
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event of the failure of said party of the second port to make any of the payoents herein pro-
vided for a period of three months from date of last payment all money previously paid by said
party of the second part upon this contract Shall be forfeited to said party of the first part as 1i--
quidated damages and this contract shall cease ana terminate without notioe unless extefided
b, sold first party.
And the said rarty of the seoond part shall and will E~ his own expense from the'
dEte of the execution of this Contract until said-payments and interest, and all li~ns and charges
by virtue hereof, are 'fully paid off end disoharged, keep the building erected, and to be erected on
ssid lanos, insured in Bome responsible insurances oompany duly authorized to do business in the
State of ilorida to the amount of XX]JLXXy~XX!: Dollars, for the benefit of the said party of the
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first or its assigns. and in defeult thereof aaid party of the first part may. at its o~tion, effect
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such insurance in its ow~ naree. e nd the premium or premiums, oost, charges and expenses for effect
ing the same shall be an additional lien on 8ald mortgaged property, and ~ay. at its optioni pay
any taxes or statutory liens ag:inst-said property, all of which sums with eight p~r cent. interest
~y be enforoed and collected in the same manner as the prinoipal debt hereby secured.
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-It is mutually agreed that all covenants and agreements herein conteined shall extend
to and be obligatory upon the heirs, executors. "llclminietrators andasmgns of the respective parties.
The 881d parties have hereunto set their han~s and sen1s this 28th day of
1924 Executed in Duplicate.
Keystono Realty Company
BY Rollen A. Lmr.tin
and delivered in the presence of:
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President
1.t. Dustin
E. L. faylor
ATTEST Faul' 6. ~
S3CRETARY
J. We 'H1180n
(SEAL)
SUB 0' FLORIDA
co~n 01' Sf. LUCIE. __u_______ /
'" E-:-ZBY C . .' In that on this 28th day ot Oo-tob~r J...,f). 192', before 108 personally
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