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froo her said husband.
WITN~S my hand and offioia1 seal at Pt. Pierce, County of st. Luoie and ~tate of Flo-
rida, this Fir8t day of Ootober, A.D. 1926,
W. H. Harri8
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llotary PUblio, 3tn',e of l'lorida
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Filed and reoorded on thi8 17th d~of Oot., A.D. 1926 at 9:30 A.U.
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/ " ~,P. C. Sldred, \Herk Uiroui t Cour'
~t. "to s..; ~ 37 JD~ -:.t>~~ D.O.
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My Oommission expires July 28. 1928
\i1ara 1... .1'laUs
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7lorld. ....1. & D.'.lopmont Co. I
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the sum ~f 16.000.00, to me in hand paid by Plorida Mesale and Development Company, a Floride
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I. ~lara K. Plntto. a widow of St. Luoie Gounty, Florida. for and in consideration of
Corporation having its prinCipal p1aoe of busines8 in Dade County, F10ridn, do he~eby give
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I the said oorporation, its sucoessors and assigns the privilege of pUTchase on any day beueer
I the first and the tenth day of January, 1926. the following desoribed real estate situate in;
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the County of St. Luoie and ~tate of Florida. to-wit:
The swl of the REl of Seotion 33. Township 36 South of Hange 40 ~ast. containing 40
acres. more or les8i
excepting however right of w81 for c6nal and public road a8 now
la14 ou t on and across said property.
~oid right of purchase to be at and for the price of $45.000.00 to be paid a8 follows:
. ;J6,OOO.00 in cash to be paid between the 1st and 10th of January. 1926, and the sum
of ~40,OOO.00 payable in four equal amiua1 inatallcents"on and after the first day of
January. 1926, at the rate of ~; said deferred payments to be seoured by mortgage on
said real estate in form sotisfaotory to me.
be entirely void for any purpose whatever.
Unles8 snid option is exeroised before the 10th d81 of January. 1926. this option shall
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In 0888 the privilege of purchase hereby given!
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is exeroieed, the priae above named and seaured and aooeptab1e eeouritie~ ere agreed and
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deliverad. I agree to oonvey said real estate to said purchaaer. ita suocessors and aS9ignsl
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by good and suffioient warranty deed reoiting the conBijeration of $60.000.00 free and cleat
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of all liens and enoumbranoes whatever. exoopt as to texes, asseSBments or impositiouB
levied assessed or imposed upon said real estate on or after the 1st of January 1926,
I further agree to the dedication of a plat sieiler to a sketoh proposed at the time
of the exeoution of this option. showing approximately 175 lots and I agree to exeoute deedS
to any of said Iota not more than 60 feet in width. and not more than 200 fest in depth,
prior to the 1st of January. for the sum of $600.00 for lots fronting
and for $260.00 for any other lot in the plat of whiob sum 2~ will be oredited
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on Sunrise Boulevard, I
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on the
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installment I
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$6.000.00 payment of this option. and the recainder to be oredited on the first
of mortgage debt.
I further agree that tho mortgage baok shall aover unsold portions of said plat and
shall have a releas8 01au8e whereb7 I agree to release from said mortgage at any time the
mortgagor 18 not in default in the payment of prinoipal or intere8t or delinquent in the
p~ment of taxe. or aSleesmente, any lot on Sunrise BOulevard on the p~ment of $600.00
and any other lot in the subdivision on the payment at .200.00. 1he amount paid for said
releasee shall be oredited on the prinoipal of the ensu81ng installment of mortaage 4ebt
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