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HOllER lfEEDLES AHD :way J. KBm~S
TO
AO REEKEN '1' FOR DUD
ARUaLES OF AGREEMENT, )(ad. th1a 16th da;, of September, in the year of our Lord,
FEE " LIDD (If C o.tP AllY .
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one thousand nine hundred and twenty-five BETWEER Homer Bet~les and Luoy J. Beedles, parties
of the fIrst part., and Fe. " Liddon Co:npany II oorporation. party of the seoond part-,
WITNESSETH, nlat if the said ~arty of the seoond part shall first make the payment
and pertorm the oovenants hereinafter mentioned on its ~art to be made and performed. the
said parties of the flrst part hereby oovenant and agree to oonvey and assure to the said
party of the seoond part, its 8uooessora or assigns, in fee simple, olear of all inoumbranoe ,
whatever, by a good and sutrioient deed, the lot, pieoe ~r paroel ot ground situated in the
County of St. Lnoie. State ot Florida known and desoribed as follows, to-wit:
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I and the said party of the seoond part hereby oovenants and agrees to pay to the said parties
i of the first part the S~~ of Sixty Thousand Dollars, in the manner following: 83000.00 upon
I the exeoution of this agreement, reoe~pt of which 19 hereby aoknowledged $17,000.00 in cash
I on or before 30 days from delivery of abstraot showing ~&r~etablp. title in parties of fi.st
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I part, and the L~ of 340,000.00 to be evidenced by four promissory notes for the wwa of
I $10,000.00 each payable on or before 1, 2,
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, amlUJIl,and seoured by a su1"tici ent mortgage on sa.id pre:i11 Sesi and to pay all taxes, a8se88-
! ments or impositions that may ~e leeally levied or imposed upon said land sub8e~uent to the
I year 1925, .And in oase of fhi1ure of the 8B.id par! of the second. part;, of the seoond part
! to make either of the pa~~nts or any part thereof, or to perform any of the oovenants on
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! its part hereby made and entered into. this contract ahnll, at the option of the parties of
I the first part, be forfeited and terminated. and the party of the second ~art shall forfeit
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! all paj~ents ~ade by it on this contraoti and suoh pa~ente shall be retained by the said
Beginning on the North line of the Swt or Seo. 21, Township 34 South, Range 40
East. where said North line interseots the West line of the Indian River at low
water mark; thenoe run west 330 feet; ~hence run In a Northerly direction parallel
with the West line of the Indian River, a distanoe of 1000 feet to a pOint whioh
is 330 feet ~est of the water'e edge of the Indian Riveri thonce run ~8t 330 feet
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to the water's edge of the Indian River, thence run Southerly along the water's
edge of the Indian Hiver to the point of beginning.
'rogether wi th all submerged
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land and riparian rights appurtenant to the above desoribed traot of land.
3. and 4 YEars after d-(~te with interest at 8~ per!
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I part1 es
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\ tained,
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j said
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of the first part in full satisfaction and liquidation of ~ll da:nages by them eUB-
ROd said parties of the first part shall have the right to re-enter and take possess-
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ion of the premises aforesaid without being liable to any action therefor. ~
Parties of the first part agree to furnlsh abstr~ot showing m~rchantable title to
premises Wl~~n a Bonable time from the date hereof.
It is mut agre.d, by and bet.een the parties hereto, that the time of pay~enti
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shall be an essen~ .. part ot t.hls contract, and th&t&l\covenro.nts and aeree:nents h-.rein con-
tained shall extend to and be obligatory upon the heirs. exeoutors, ad~inlstratorB and as-
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signa of the respeotive parties.
IN WITNZSS TdEREOF, !he parties to these presents have hereunto s8t their handa
and seals the day and year aboys written.
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Signed and 8ealed and delivered in PreseDOe of:
Ruby Warnook
Homer Beellea
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B. F. Holden
Lucy T. Needl..
(Seal)
(Seal)
STATK OF ~ORID~
COUllTT OF ST. LUe I z.
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i~Xpc~.:"'~.::D':~'~, ~." f';~~
011 .hl11 "a
2~rsonallr &DDtared before me. ~n of!ice~ authorized to tak~ aoknow-
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