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UlDIAll RIV~R F,\RlJS COUPANY
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TO
CON!liA.C'f
o. J. BROWN
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CONTRACT NO. 2314-A.
INDIAN RIV3R PA!'.llS COl.IPAliY
DAV3NPORT. IO\7A.
!%%~ICOHTnAOT!~!~%
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THIS IS TO 'CJRTllY. 'That on the Twenty-fourth c1n;,> of ;,prll in the year of our Lord, One thous-
and lUne Hundred ond 111neteen. the following application was reoeived by the Indi8Jl River Farms
Company at its General 301&s Offioes, SUite 609 Putnam Building. Dovenport. Iowa.
nmWI RlV3!l FA..IllJ3 COlI?AIlY.
April 16th. 1919.
Suite 609 Putnam Sul1d1ng. Davenport. Iowa.
I hereby make applioation to purohase a farm of Ten(lO) acres. being The east ten(10)
acres ~ the i'/est T\,enty (20) fl,orea of Traot :Ueven (11). Soction 110. 1 ':'ownalbip 33 3. RODge 30
3.. aocording to the 10test generol plat o:f lands of tho !'ndian River ?orms Comrany recorded in 1:-
the Clerk's offioe. St. Luoie County. Florida. for whioh I agroe to pay Sixteen Hundred ?ifty
($1660.00)'Dol1ara os fol10ws:---$582.46 applied from #2314 Charles J. Brown ~128.00. allowed
for improvements on the West 10 aores of ?raot 11. Seo. 1. Township 33. Range 38. and Pifteen
(~16~00) Dollars upon the First daJ of eaoh conth hereafter until
~ purohase price is I8 ide
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The terms and condltions printed on the baok hereof are part of this application.
110 agent for th6 sole of londs of the Company. or other person. has the power or Olltho:-ity to
bind the oompany by any ~ot or statement not set out herein or in the Company's general liter-
ature. This 0 pplic6tion booo::;es a Contract only when 80capted by the Presi4ent of fihe Indian
3iver ?arcs Coupany.
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~17e.69 intarest due to dote.
1918 Drainage assessment. $6.00
~itn&ss: John LeRoy Hutchison
Address 'faro
r
l10me C. J. 3ro?o'll
~lorida.
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cmroITIOllS
(Reprint from baok of Applioation)
It is herebJ mutually agreed between the Indian River ?arma Company and ~he holder Iff
this applicotion whtn same is oooepted by Its Treasurer, as follows:
1. That the purohaser when he makes his down payment will receive from~he Company
nn aooeptance "blch. together with this application. shall oonst! tute a oontra,::t.
2. Tlu;.t all pr.yaent;8 must be paid by bank draft or money order. payable to tee ~om-
P8D1 at Davonpor~. Iowa. 110 a80nt of tbe O()lDP~ hDS authorl toY to roceJp1; 201' Doner ezalus7t1 oL
the first p8,}'C6Ilt
3. That the unpaid balanoe of the purohase price on any oontr: ot on whioh less than 5<>%
has been paid me;; be I8 14 In full in cosll'"and a disoount of B % dedu~ted from the unpaid balanoe.
Or. any contract on which 60% cr more. nnd loss than 76% of tho puroht.se prioe has baon paid.
may be paid in full in oash and a disoount of 6% deducted from tbe unpaid balance. Interest
shall be oharged on this oontraot at the rate of 6~ :per UI1I1Wll on the whoJ8 sum remaining from
time to time unpaid. In~9rest may bp. p!l.yable se:Ili-annuall~. or may be oherged annUE11y ega1nst
the oontraot and paid after the regu~ar principal payments under the oontraot hove ~een oompleted.
4. That when the oontraot bolder has made the lost pB1'.nent. too COllpiQ1T will 18sue to
him or her a \1e.rronty Dee j cOllveying good t1 Ue to said traot of land and Abstraot of Title to
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date thereof. r08e~vlng ~ow~ver. for road or ditoh purposes a strip of ground a8 indioated on the
lost reoorded geneTal flat of 011 th~ holdings of the Indian ~ivor Farms Comp8D7. reoorded in the
':nerk8 offioe of 3t~ Luoie Count7 1I10ri4a. Or. that the purohaser hereof shall have the right tOo
have deed iS8U6d for the within desoribed propertJ uponoompl.-tion of pa~ment of ~ in cash of :
the oontraot prioe. plus aoouaulated interest. by gl'Yins to the Company, his note or notes for th9
remoinins unpaid balanoe. the note to b6ar interest at 6~ per ann~. payable annual17 anA be se~
cured by mor'l;gagG or. tha wi thin de80rlbe4 propor\7.
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