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HomeMy WebLinkAboutScan_1628 4~H -----~.-_....__.._-_._.__. ~ "--- --.--.-';"-.--------.. - - ---- ._- -"--.. .,. .- herein Ipeoltled. It il herein agreed that party of the ~lret par\-Ihall be given & lease on / - lai~ building \~.be erreoted as herein mentioned at the sgreed rental prloe of .128.00 per month tor the first year atter oomple'ion thereot and .160.00 per month for the seoond year atter oom- pletion thereof, said rent to be paid in advanoe monthly. and the laid parties ot the 8eoond part hereby oovenant and agree to pay to the 8aid party ot the tirst ~art t~A 8Wm ot .7600.00 Seventy Five Hundred and nO/lOO Dollars, in the manner tollowing $100.00 oash upon the eigning ot thi8 oontraot, _reoeipt ot whioh 19 hereby aoknowledged: f4<)O.OO to be paid upon reoeipt of good and suftioient warranty deed with duly authentioated abstraot ot title showing olear and merohantable title in grantors: .1000.00 one year after date ot deed, .1000.00 two years after date ot deed: .1000.00 Three yeare atter ~ate of deed, $1000.00 Four years atter date ot deed: .3000.00 Five yeara atter date of deed, with interest at 8~ per annum payable annually secured by tirst mortgage: with interest at the rate of eight per centum per / annum, payable Annually annually on the whole SUlll remaining from t11me to time unpaid, and to pay all taxes, sssessments or impositions that may be legally levied or imposed upon said land subsequent to the year 1924 and to keep the buildings upon said premises insured in some oo~pany satistaotory to the party of the first part, In a sum not leas than t5OO0.00 dollars during the term ot this agreement. And in oase of tailure of the said parties ot the s~cond part to make either ot the p~ents or lily part thereof, or to pertorm a~ of the oovenants on their part hereby made and entered into, this oontraot shall, at the option ot the party ot the tirst part, be forfeited and t~rminated, and the parties ot the seoond part shall rorreit all payments made by them on this oontraot; and suoh payments shall" retained by the said party ot the first part in full satisfaotion and liquidation of all damages by it sustained, and said party of the tirst part shall have th~ right to re-enter and take possession of the premises atoresaid without be- ing liable to any action the~efor. ] 'J ../ Parties of seoond part agree to errect a one story hollow tile stuooo building on the west 50 teet front of said lot 60 teet deep the east wall thereof to be parrallel with-the east boundary of said lot, starting said building within two weeks after receipt of deed and work ,/ oontiniously till oompleted. IT IS MUTUALLY A.GREEJ, by and between the parties hereto. that the time ot payment shall be an essential part ot this oontract, and that all covenants and agreements herein contained shall extend to and be obligatory upon the heirs, exe3utors, administrators and assigns of the respeotive parties. IN_WITNESS WHEREOF, The parties to these presents have hereunto set their hands and se- r, als the day and year tirst aboTe written. Parties ot the first part have oaused the oorporate 8 seal to be atfixed. Signed, Sealed and Delivered in Presenoe of: c. T.sessions. Vioker. Bros. Ino........ (Seal) George F. Viokers, Pres..~ (Seal) E. W. Viokers, ::ieo........ (Seal) William dartling.......... (Seal) Lena B. .oodrotte......... (Seal) Clyde G. Trammell. State of Florida, County ot st. ~oie: On this the 26th da, of Karoh ~. D. 192~. personally appeared berore me an otficer duly authorized to takQ aokbowledgmonts and ~ni8ter oaths, Lena B.Woodrotfe, a free dealer and William Bartling, parties of the seOond part in the toregoing oontraot and George F. Viokers and E. W. Viokers respeotively as Fresident and Seoretar,y ot the said Viokers Bros. lno. par- ties ot tha first par~ the toregoing oontraot, and aoknowledged betore me that they exeouted the eame tor the U8es 8.Jjd purposes therein mentioned and the said G.orge F. 'l1okers and E. .. Viokers, eaoh aoknowledged betore me that the executed the lame as and tor the aot and deed I) ~ ! . - : '..' ....:~.'<~-1~f'i~{I~