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t part, reoeipt whereof ia hereby aoknowledged, doe8 hereby 8@re. to .ell to the ,aid part,
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of the eEoond part a go04 8n4 Rl1fflo1ent warranty deed 'tre. and olear of all enoumb!.r8n08e
whateoe~er. to the tollowing 4eeoribed property in st. Luoie County. Plor148, to,,1t:
"Lot Pi~e (6) ot 'Iotten', Subdh1aion of the Pity of 'ort Pieroe. .lorida. aoccrding
to plat ot 8a14 8ubdi~i.ion filed in ~18t ~ook 6 at p8@e 63 of 9t. uuole County Kecor4e,"
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at tn4 for the prioe ot 11fty 'tho'teend lIollars 1'60.000.00) to be paid by the party of the I
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eeoon4 part to the 88id party r~ the first part in the following menner. towit: two !hculan~
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'he .tlundred ])oUsr8 I.S.600.oo) oesh. herein receipted for: Two !holluncl 'ive Hundred 1>01- I
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lars 1$2.600.00) within thirty (30) days from this date; 'l~e thoueend Dollar8 1$5.000.00) 1
within eixty (60) days from this date; 'ifteen ~oUlan4 Dollara 1$16.000.00) on or before
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one (1) year from this date. Twel~e 'lhousllnd 'ive Bunillled 1)ollarll (.12.600.00) on or before:
two (2) yure frOC1 this dllte. and rwelTe 'lhol1send Phe Hundred J)ollers 1$12.600.00) on or
before three (3) years trom this date. said deterred payments to jraw interest from December
27th. 1925. at the rate ot 8~ per annum. payable .eml-6pnually.
It Is unde~8tood and agreed. however. bet.een the par'lee that the said party of the
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leoond part may ',rooure II deed to said property from the party of the fl rot part upon the
payment of I1fteen thousand J)ollars 1$15.000.00) on or betore one (1) yellr from thi8 date,
It he hes promptly pald all the other payment8 then due. inclllelr.g Intereet on the totlll
amount..by exeoutlng _Is two (2) promissory not~9 fer twelve thoUBend fi~e hundred dollare
1'12.500) .aoh. d11ft on or before one (1) and two (2) yeare efter their date. rl"apeothely.
bearing intere8t at the r 8t~ of 8i' per enotUD. pllYllble semi-ar,nually. and executing 8 first
mortgage oOT.ring eald property to oecu:'e 8eld nO'ee; and t.he said perty of the fl~8t part
agr.es to make end exeoute 8 warranty deeo. rree of 811 enoumberances whatever. to seid .,~
,.rty of the .eaond part upon the payment.s being cade es afo~eeid.
It i8 furthe~ understood and agreed that the party ot the first part will deli~er to
the partl ot the seoond pllrt en abstract ot title to aaid property 88 eerly 88 prllcticebl.,
and that the party of the aeOGT-O pert e::ell hen ~en (10) days thereafter in whioh to UIl-
mine 8ame~ end It good 8nd merohantable title is not dieolosed thereby. the aaid pertl of
, the first part shall haTe the option of ouring said defects a. ere pointed out in the tItle'
or of r.turning the IIIIlOunt of 'two Thou8and rl~. KWldred Dollare ('2,500.00) herein reof'i1'ed .
but 88id .eoond party mal aoaept title as it i8.
It i8 understood and agreed betw.en the parties herato that the rerty of the first part
Ie to pay taxes for the year 1926, and that all taxes and 1(8al aS8essmente that may be
le.ied ag.inst 8aid property eubsequent to the year 1926, ahall be paid by the pP.rty at the
aeoone part.
It i8 turther understood and agreed by and betw.en the p.rties hereto thet the houeae
nOW loaeted on laid pro~erty ere not the property of the party ot the firot pert. and are
. not herein agreed to be oonveyed, but thet a reasonable time i8 to be allowed the o~nere
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l of said house. in whioh to remOTe them from the property~
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It ie further underetood by and betw.en the partlea heret~ that time ie of the essenoe
this oontraot, end that all oovenante and agr.e~ent.e herein oontainea IIhllll extend to
be Obligatory upon the aseign8 end suooessora ot the psrt, of tbe ~iret pert. and upon
heirs. e7eoutor8. adolnietrators and a88ign8 ot the party of the eeoond part. end that
I ehould the ea14 par~y of the eeoond part f.il to make eith.r of the p~ente her.ln proTid.d'
i for. or to p.rfolll any ot the ooyenante on h18 part hereby Clade end entered \nto, thllt this ;
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i oontraot sh.n then be torfeited and t.r::llnated, arid the party of the ..oond part 8hall for- I
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I f.it and reUnquhh ell payment8 aade by Mil O*h18 oontraot. which pllYllute shall be retaln4
! ed by the party ot t.h, tint. pIlrt in full eathtllot1on end liquUation o~ ell da-8'. "1 I
lit au'Ulned. whloh pay_e.nta ere her'b7 hol.r....... l1quUu.., d..ag..; .nd Jon that e TeC. t.
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