HomeMy WebLinkAboutScan_2045
".~-.~--- -...- ~~.. ~---.----_...._------..._--- ~_._- ._..~._-._---._._----_.---._."-- ---~..-._-.--- -. ---.-- .-----",---
------ . 2~~
I
.
r-
....... "4
~~~~....,..~
W. B. Canr.elly Realt7 Corp.
TO
Chas. A. Soott
L
ARTICI!3 OF AGRE3100IT
Ii
.Y.
(
ARTICLES OF ~GREa~~. Uade this 24th day of November in the year ot our Lord, one
thousand nine hundred and twenty-five between W. B. CONllELLY REALTY CORPORATION. a oorpora-
tion under the law8 or the State of Florida party of the fir3t part, and CHAS. A. SCOTT
party of the seoond part.
WITl~SSETH. That if the said party ~f the seoond ~~rt shall first make the payments an
po~form the oovenants hereinafter oentioned on his part to be m~de and perroroed, the said
party of the first part hereby oovenants and agrees to oonvey and assure to the oaid party
of the seoond part, his heirs. exeoutors. administrators or assigns, i.. fee siople, olear
of all inounbranoes whateY6~, by b good and suffioient deed, the lots. pieoe3 orparoel8 of
ground. situa~ed in the County or St. Luoie. State af Florida, i~own and desoribed as fol-
10W8, to-wit:
The North Half of the Southwest ~uarter of the Northeast ~arter of Section ~Helve
(l2). To;vnship Thirty-five (35) South of Range Thirty-nine East.
and the said party or the seoond part hereby covenants an~ agrees to pay to the 3aid party ,
I
of the firat part the sum of T31; TliOU'SAIID SIA HU1tDR~ ~nl:E and 50/100 Dollars, in the wanne~
I
folloYliDB FIVE THOUS.\1iD ($5JQO.OO) Dollars in hand paid. receipt Yfnereof is hereby aokno..1-1
!
ledged; the balanoe payable as follows: ~1.809.83 one ye~r fr~ date; $1,869.83 two
year8 fro~ date; and .1,869.84 three years from ~ate,
with interest at the rate of 6 (siX) per centum per annum. payable semi annually on
i
i
the !
I
imposi-!
1
i
1
j
whole sum remaining from time to time ~pald;
and to p~ all taxes, assessments or
tiona that may be legally levied or impo~ed upon said land subsequent t~ the year 1925.
(
and to keep the buildings upon said premises insured in some oo~pany satisfaotory to the
party of the rirst ~art. in a sum not less than
v
Dollars during the term 0 r this
agreement. And in case of failure or the said party or the seoond part to make either of
the pa)~ents or any part thereor. or to perform any or the oovenants on its part hereby
made and entered into, this oontract shall. at the option of the party of the first part.
be forfeited and terminated. and the party of the second part shall forfeit all payoents
made by him on this oontracti
and suoh payments shall be retained by ~he said party of
the first part in full s~tisfuotion and liq~idation of all d~~ages by it sustained, and
said ~rty of the fir3t part shall h~ve the right to re-enter and take possession of the
premises arore3ai~ uithout beino liable to any action therefor.
IT IS ?rJT~..u.:.y ..i.Gil~~, by and bet.leen the I-tlrties hereto . Ghat the time of payment
be an essential part of this o~ntract. and that all covenants and aeree~ents herein con-
taine~ shall extend to and be obligatory upon t~e heirs, admlnist~ators and a3~igns of
the respeotive parties.
II. ',fITNESS iTI!3H30F. The parties to these presents have hereunto set their hands and
I I'"
seal. the day and year first above written.
Signed, Sealed and uelivered in ?resenoe of:
.\n6u8 J. Sumner
Ed! th Jaokson
~. B. Connelly R~alty Corporation
By Harvey P. Vaughn (Seal)
Its Pruident
tSeal )
u. Seoretaq.
John F. Banker
Chas. A. Oioott
~~'~- :~~,'" -,:h~~-;tJ~:\-":.::"i,~~:o; ~-~'~:~:-Z~t
-- ,- .' ,: " "-:;~-~,>~:~:~ ~:,~~--::~::,-:
- . . . - .. - --
I'
"
i
I
I
I
"
'-,
>
.
I
f
I
I
I
I
!
i
I
I
!
I
\
shah
J
I
f
'" -...