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situated in the County of ~t. r,uoie, State of Jo'lorida, known and desoribed as follows, to-wi t:
~.rlnning at the seotion corner dividinr seotions 19 and 20, Township 36, ~outh, !tange
41 e9st, ~ln thenoe ~ast on the seotion lIne somo 600 feet to the waters od~e of the Jndian River
thence northerly Moandering the waters edf'e of Indian River 680 feet; thence ''{est some 300 feet to
the ~ection line. thenoe ~ln south 651 feet to the seotion line, being the point of beginning,
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' -"-'-paymonts~an('-p.rform' tl>> cov-.n;nts hereiii;tt.;: IOOnt1oned on hi8"p;~t -to-b;" ~;'d;- ;'d - pertor.ad
the said ~8rt;1es.of the first part hereby oovenants and arrees to oonvey ond oSflure to tho'said
party of ':heseoond pa'rt, his hel J'R, executors administrators or aSSifffl8, in fee simple, olear
of all inoumbranoes'whatever, by a good and ~uffioient deed, the lot pieoe or paroel of pround,
wi th Hiparian Right, lying in ~eot1on 20, Township 36 ~outh !~ange 41 ':\!lst.
Also beLdnning at the ~outheo8t corner of Seotion 19, thence run westward to the right of way of
the Florida :':vst Coast, thenoe run Uorth 551 feet to a stuke, thenoe run ~:a8t to the bonks of the
Indian River, thenoe ~lnning South ~eandering Indian River Rank to the point of beginning, 811
being in ~eotion 19, Township 36 ~outh of Rang6 41 3ast.
and the said party of the seoond part hereby covensnts and agrees to pay to the said partios of the
first port the Sllel of T~'ienty-seven Thousand Two '~undred &: nO/lOO rollars in the manner following:
~1000 the receiot of which is r.ereby aoknowledged, ~11,000 to be paid at the tiv.e of the delivery
of 'eed llnd\bstract, the balance to be paid in ..qual installlllente wi thin 1 and 2 years, securod
by a Io'irst Hortfroge upon the above doscri bed prop.rt;y.
/\with interest at ~he rate of eipht per centum per annum, payable annually on the whole SUM re-
maining from tiele to time unpaid; and to nay all taxes. asseS8Mants or impositions that may be
legally levied or imposed upon said a~d subsequent to the year 1924 and to keep ,the buildinrs
upt)n said preMises insure in SOele ,company satisfactory to the pEl rt 0 f the first part, In a snm
not less than Dollars durin~ the term of ~hi8 arreeelent., And in oase of failure of the said
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party of t~e seoo~d part to make either of ~he payments or any part thereof, or to perfonn any of
the covenants on hie !>8 rt hereby made and entered into, thi s oontract sha 11, at the opf;ion of the
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parties of the first part, be forfeited and teminated, a nd the !Jsrty ot the second part shall
forfeit all payments rrBde by hiel on this contraot; and SuOh'p9yment6 shall be retained by the said
parties of the first pe:r~ in ,mll satisfactiOil and liqnidation of all damages by him sustained,
and sai1uarties of the first part shall have the ri~ht to re-enter and take possession of ttM
premises aforesaid without baing liable to any aotion therefor.
It ie nn4erstood and agreed between the parties hereto, that the adjoining property owned bi the
parties of ~he fir st part will not sell to any but the caucasian race.
IT !~ lrJ~:JAr,T.Y AG~:-;ED, b,:; and be':~'ieen the parties hereto, that ':he time of payment ~
shall be an essential part Of\tllis oontraot, am that all covenants add a@'l'eements herein contain-
ed shall extend to and be obliratory upon the heirs, executors, administrators and assigns O~he
re6peotiv6 parties.
In ~I~~~Q TJ~~ROP, The parties IX to these presents have hereunto Bet their hands and
seals the day and ycar first above written.
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R. D. Ayers
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( QRAJ,)
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~itmed sealed em Delivered in Presence of:
Kenneth D. Willia~s
Dr. J. A. ~illiam8 -(Q:-;AL)
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1h..A. :SUlott
Edward'D. Ayers
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Gertrude Ayers
J. D. Overliolt. By
P. ,H. 7/hidden, Ag9nt.
(~?AL)
Stet. of PIC)r1ds, St. r.uole Count~.
On this day personally appeared before me. an offioer authorized totakfJ aoknowledgments
of deeds. eto, Edward D. Ayere for Dr. J. A. Williams, and Gertrude Ayers, his wif., and P. q.
Whidden for J, D. Overholt, to me well known, end known to be the nerson8 who exeouted the within
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s~eement, ond, eoknowledgtd that
8014 G.rtrude Ayers, wite ot t hit
th.~ ~xeauted tbe same for the 9urpoaes therein expressed, And the
~i4 Edward.D.Ayers upon an oxaminatlon taken b/ me separate and
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