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the lote and blooks herein mentioned 'ara aooording to map or plat of St. Luoie Gardana pre-
pared by the J1rankl1n Land Compfllly and reoorded in the Publio records ot s8i4 St. Luoie Coun y,
in Plat Book One, at page thirty-tive of eaid reoords;
at and tor the prioe of PI'lE HUND!mD NIrE'l'BD THOUSJ!iD THRBE HUNDRED an4 SEVKlI'i'Y-JlVE OOLLAR
(1519,375. )
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as follows:-
!bat the aggregate purchase prioa of said lands shall be paid by the purchaser
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7,500
in Gash, the reoeipt whereof Ie hereby acknowledged;
122,343.75 on or before tbirty (30) days atter delivery of the Vendor to the Pnr-
chaser ot the Abstract of T1t~e to daid lands. and tha balaDce of said r~hase price scall
be paid as follows:
60,593.75 on or before the si~th day of Yay, 1926;
60.593.75 on or Before the sixth day of Yay, 1927.
60,593.75 on or before th~ sixth day of May, 1928.
the said three deferred payments to be evidenoed by three (3) promisso" notes ot
even date hereof, in the uS\lal form. payable at the 'irst Bsnk .. 'lrust Company. at Lat:e
Wortb, i'lor Ida. and bearing interest frotl date. at the r ste of ",even. (7) peroent per annum,
payable semi-annually; and it shall be stipulated on the fs08 ot the notes that they ere
given 8S part ot the purchase prioe ot s8id premises, and
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to be paid by the a88umpation of three (3) promissory notes, executed by the
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Vencor tOLCharle8 B. AOling, on the 20th day of labru8ry. 1925, each for the 8um of $69,250,\
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payable fin the 2nd dal of January, 1926. on the 2nd day ot January. 1927; 8nd on the 2nd eey:
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Ot January. 1928. respectively, said notes bearing inte::oest at the rate ot seven (7) percent
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YV.---' per annum paya~le semi-annually and payable st the lort Pierce Bank Ie T.rust Company,'
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Said oontraot enter~d into by and between the Vendor and the said Charles B. Moliug, on the I
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1 207,750.00
at Bort Pierce, Plorids; which said notes the Purchaser hereby ae~UDe8 and egrees to pay.
20th day of Pebruary, 1925, 8S aforesaid, wa3 recorded on the ~Oth day of Yarch. 1925, in
Vol. 61, Pa~e 74, of Deeds, of the records of St. Luoie County, ~lorida, and the aaid con-
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tract and the notes ,therein referred to and essurr.ed by the Putohasar. e~8 hereby referred
i to and made a part hereot.
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I notes up to and including th~ dete of this contract, shall be paid by the Vendor.
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i exemin.e by an attorney, and if any materiel defects are touncl ill the title to the said
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erty, the Vendor shell be allowed e reasonable time within whioh to perfeot the SSDe.
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it is hereby agreed and understood thet any interest due on
said:
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It ie hereby understood and agreed that the Purchaser shall have thirty (30)
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from the dste of the delivery ot the abstr~ot of title in which to have the abstract
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prop;-
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~ Thet whenever the Purohaser shall heye fully mada the payment due within thlrtr
(30) cleys after tbe delivery of this abstract and also ahall have made full payment ot the I
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installment due on the sixth da] ot Uay, 1926. end otherwiee fully complied with ell the ~ e~s
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COTenGnts and conditions of this oontraot to be, by the Purchaser tully performed, then the I
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Vendor will, upon the further payment of the sum of ~orty-two ~11ar8 and fitty O'Dts ..42.60)
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per aore, oonTey eucb lends or any part thereof, to the Purohaser by good end euffioient deld,
eubJeot. howeTar, to the conditional bbligations and .e.triotio~a herein mentioned and con- I
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tained 8nd that the e8id &mount of forty-two dollars and fifty oents (142.50) per acre Shal~
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be creditad end applied on the next matnrin8 note of the purchase.
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It is distinotly oovenanted and agreed by and betw.en the parties hereto end
shall be in all resp.ctR acOepted as one ot the expr.seed condltlo~s o~ ell rl~h~s of the
Purohaser and obligations ot the Venoor to the Purchseer hereunder, thet time is the assenc
of thie oontraot and that all of the obligatione of the Purohttser hereunder shell b4I strio :;0
oonetrueO and that the ~oheser .hell not be entitled to a refund of the SBVEM rarUSABD
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