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HomeMy WebLinkAboutScan_1658 .. u: :.\.-:~i:i;~~~itl~ 'I5t; - . - ~-_. -- -- .---.....- ._~-... --. ---.- .---- -... ----.. - ---..----- ----..--.-. -..----.-------"-----..--- -~.---~ ----.-'..-- .-- --------....---. - - - _._..'---~~. ..... -_. _.~- .- --- ....- and pay' first mortgage to C. M. Draper ot t12,500.00 in two payment J ot t6600.00 eaoh, p~_ able July 6,1921 and tliOOO.OO p~able July 6, 1926, with interest at 0" payable aimetlannual1y; the balanoe ot the total purohase prioe is to be aocepted by the parties of the first part as ~ seoond mortgage seoured by notes eigned by the party ot the se6o~ part, or hie assigns. in tlu'ee equal payments in one, t,..~q.D1 three years after date of olosing sale, ot equal date of Warranty Deed furnished by parties of the flrot part to party ot the seoond part. with interest at 7~ payable semi-annually. from date of olosing sale,- Uortgage to oontain sati8tactory release olause. Taxes tor the year 1926 and interest on first mortgage to be pro-rated to date of taking t1 tle . I'r IS FURTHKR AGREED AND UNDERSTOOD that the parties ot the tirst part shall have abstraot brought down to date, and that said party ot leoond parth shall haVQ thirty (30) days for ex- amination upon reoeipt of satd abs~raot. In the event the abstraot should not disclose a ole&r titlo, th9 party ot the seoond part shall ~rnish the parties ot the first part with a state- ment ot the obJeotions thereto: and the parties of the first part will have a roa~onable time, not exoeeding 60 days, atter the reoeipt of said obJeotions in whioh to perfeot its title. and in the event it is not able to perteot its title within su~h reasonable time, the parties of the first part shall re~rn the .2600.00 paid at the time-of the exeoution of this agreement, to the party of the seoond part, and this contraot shall not be of any further foroe and effeot:provid however dedi that the' party of the seoond part may wahe any obJeotions that may be tound in the title t~ said premises, and aocept the same thereto. This contract shall be binding upnn the heirs, executores, administrators and assigns 0: the parties of the firat part, and upon the heirs. exeoutors, administrators and assigns of the party of the seoond part. IN iYlTlJESS iYHEa:::OF, the parties to this agreement have ~lereu.~~o set their hand and sea~ this the year and d~ above written. Signed, selae~ and delivered in the presenoe ot: D. M. Wattw A.. C. Adams. L. E. Fit~erald.......(S~) Ill.J. 3RE~............(S~.ll) Leon -:t. Hall...........(SI:;lJ,} H. :>. Co::k. Carr.r G. Erpenbeok. ., Stewart uodges.........(Seal} Filed and reoorded this the l~tl:'day ot ~pril. A.~>>.l926, at 3 o'oloOk, P. M. .' ,. - (Ct.Ct.Seal'J j / .;.:; :.' P. C. 61dred, Clerk? ~i~cul~y"kt, 13Y.'-/'? c!Z-,I,tCfA-,//) -c QQQwQQQQllllillll#iiilij99Q999QQ . D. C. [ l l. lLemorandUU1 ot ~reement. Breen Realty Company and Leon U. Hall Company. - b.nd Stewart nodge s . . MEUORkNDUM OF A.GREZ~T made and entered into this 4th day of April, h.D. 1925, by and between BREEN REhLTY CO~bNY and LEon w. HAl~ ~O~AHY, said compaines being oorporations orga- nized and existing under the laws ot Florida, with their prinoipal plaoe of business at deat ?alm .Qeach, .calm .Beaoh COWlty, Florida, parties ot the tirst part, and STEWA-.qT HODGES of Chicago Coo~ ~ounty. Illinois, party ot the seoond part, WITNESSETH; That the parties ot the tirst part have this day sold and agreed to oonvey to the partl' of the second put; or to whom he may direot, and the party ot the seoond part has 88reed to purohase ot and trom the parties ot the tlrst part on the terms and oondl~lons hereilJ- afte~ set torth; that oertain paroel of land si~~ate, lying and being in st. ~oie County, Flo- riday, more particularly desoribed as tollows: ~~~!~fl~~fll~1 :1 ,: 1 {.J i .- -.