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J1LO~lDA IJ.lP~OV&U&lI~ CO~PO~A'l10N
TO
AOlWWEJlT
T. DAVIS HILL
THIS AG~B?U~IT. oade and exeoutod In duplloate this nineteenth day of June A.L. 1925.
by and between FLO~IDA IUPROvEUlal? CO~PO~ATION. a oorporation of the State of DELAW~qE.
having its prinoipal offioe 8t Fort ~ieroe. ~orida. hereinafter referred to 8S the Vendor,
and 1. Davis Hill, 3333 North Charles Street. naltimore, Uaryland, hereinafter referred ~
as the Vendee, ifITlIE~SgTH:
'lhot said Vendor in c,msider6t1on of the payment hereby made. and the payments to be
cadet and the covenants to be performed. b7 the said Vendee, 8S hereinafter set forth,
agrees to sell and conve~ to the 80id -cndee. the followIng desoribed land sitnated ie St.
Lucie Count7, l1orido, to-wit:
'rile Southeast ",\lerter (S~~.) of the 3,nthca::;' ~~:nr~.er (SEt) !l,.u Lt :1_:~t;:wec: q~~Dr':('r
(S';li) of t11e ~J~:.t~eon:'~':.or~,':r I~Ei) ui' 3ec:i:m 'i':~ir:;,'-~lve (35) TO\'1r.atip l'~irt:'-~i,e (35)
South. !l9r.~e 'i'il~r~:"-cL;11t 2A :-:(l5~. sy:d t~e Ifc:Jt :!,,If ('Ii:) of t~e S:.uU:ea3~. ~';ert.(r (s3i)
0:' the llorth'.lest. ~':'3r:'r Imlt('ct S"c:lcn 'l'hree (3) 't'o\'l:::3\lp~!-.:rt~'-six (3t:) SJuth, ~llq~e
T'Ilirty-ei~ht (30) ~!l3t, oonsisting o~ opr-rO:<i~6~e::." or:e hm:drec ClaO)ecrcs.
sub~ect ~o en ~e~e~en~ or rl~ht of waJ for droino'e canals or ditc~e8 er.d r~b:1c r0eds.
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'l"ne Vendee n~rces to ~~:-cr.n:3c er.d d'.:es purc':Dso the nbo~'c r:f'::'ior:ed !T ;:;per~:; ~;Jr ~te
Su:J1 of ~iftoen th.usnr.d d:>11a~-s IC1S.OOO.10) '1;~ich a::-,01t::'. Ve:,cec s;,-reca t~ r-c~' ':0 Ve::_c;;r
llS :'011,)\13:
T::e su:;} 0: 1"nir:::-;;e-:cn Hur..;:-ec iift:: Dollcr13 1~375..;.,)Ol ir. CCS!l. raid ';1-~~ dBj'.
t~e rcceir~ of wtic:: is hcrob:; 6C~~:":;'.'i:edgcd, a::d t!:c ,!",'Iloir:de:- (,~ soid F:.rc::ese rrice in
h:st.allments n~, ~ollow~:
'r?: i r t:./- a ev e!~ HtU~drcd / i f't:l 1>or.. s:-s ($3750.10) 0" or bc:ore Jur,e ' () 1 92C .
... ".
'l':'1irt:.'-sc\"en :! m: d:- e d ~."i ~t:," llo::ars (~3 7 50, or,)) c:: or lje~::':c Ju.!~e , 0 1 'J~7 .
- .. .
1':, i r t:;- "3e':e:1 Hlu:dred lif:t:,' ~ol~c=s (~37 :).J . ')0) -.,' 0::" befc:-e .; u:: c 1 ~~ 1 r:.~S.
.
1'i1i~~ in~erest at the rate of "e.en rercer.... ff,r er:mu::, ra:;nb::: se':li-anr:usll:;. C~ the "It'::_le
8UIll re~oir.ing :'ro!: tine to tir;Je unpaid. A:::..: ::;~J::l8 I,:..t raid '"he:: due s':ol:. ~ro;o; l::te:'(',,~ at
the rate of ei5ht perce:lt per an::\L'1i.
It is mutua:lj" coyenented Br.d azrec:: thet '.1:c Ver.dcr fiill ra;; a"..l State. Ccu., i.;,' , ar.d
drainage taxc3 up to nr.~ incl'ldlr.:; :n'Jse fc.r' :ho :,rcar 1')24 nr,d ttct :r.e 'ler:dee 7.'111 ra7 Ii 1 c
subseq'lcl:t t.axe3 on said prof-er'.;,'.
It ia I:lUt11al1;,' covenanted ar.d agreed b;{ the p8dicl:I tez'cto .as
~ollo\"ls: T::at. the 'le!',d.J r :
,
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after recei~in6 pa;oent i~ full of soio princira1 una interest er-d all ctr.er SQT.S charie-
able ie its favor hereon and the i'erfor~or.ce of a:::"l of the egree:Ler.:s c~ said Ve~:dce hereIn
contained, and upon the Burrendor of this contract, ",ill at its O'An eJl'pense. fnrnlE~ sr. ab-
straet of title showin8 good title to said prccises in said Vender and execute end deliver
to said Vendee 0 warranty deed of said described pro:::ise8, excepting :t'r;:::n said \,arrtl:t)'
all liens and inctr.lbronces ",~ich may have BCI:rued on sold land or buildines 8ubsequcr.t to
th<:: datt he:-eof, or th:roUOh tee scts or negligence of said Vendee, provided. howe\"er. and
this contract is upon the expresa condition that in the event that an] of ~he payments
hereinbe~ore requl red to be !:lade bj' the Velldee be not promptly and fully poi c wi thin sl xty
daj's next after the SBMe bdcome due and paJoble, or in the event of the feilure of the
Vendee to perform, oompl~ with,' and. abide by any of t.he oovenants of agreements of the
Vendee herein set forth, then in such event or 8i ther of them, the Vendor ma;; et 1 ts option I
pursue either or the following c~r8es. to-wit: I
A. 'the Ve;;dor may terminate thi8 ocntreet and retain ell payments theretofore rrlBde
hereunder b~ the Vendee as rental for s8id land, and in li~uid8tion 8nd satisfaotion of I
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