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The SUlll of Eighteen Hundred Lbi rty-three and 4~/lOO Dollars in cash. paid th1a day. the i
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reoe ip t ot whioh is hereby acknowledged. and the reminder ot sai d p~roha8e prioe in installeent s
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It 18 mut~llyoovenanted am agreed by the parties hereto as tollows: That the Vendor!
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after reoeiying payment in tul ot said prine ipal and interest.. a~d all other s~s ohargeable I
in Its favor hereon and the pertormance ot allot the a~reements of said Vendee herein oon- I
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\ained, and ~pon the surrenoer of this oontraot. will at its own expenae, turnish an abstrao.
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ot title showlng good title to said premises in said Vendor and exeo~te and deliwer to said J
Vendee a warrant1 deed ot said desorlbed pre~ises, exoepting trom said warranty all liens ant
incumbranoes Which ..y have aeor~ed on said land or ktt b~ld1ngs aub.eq~ent to the date her~-
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of. or tbrougbtthe aotl or negligenoe ot saUl V$Ddee. provided, however, and this oontraot i~
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~pon the exprede oondlt10n that 1n the event that any ot the payments herelnbefore req~i.ed i
to be made by the Vendee be not promptly and t~l1 pald within sixty days next atter the samr
beoome d~e and payable. or in the eyent- ot the tailure ot the Vendee to pertorm. oomply w1thl
and abide by any ot the oOYenants or agreements of the Vendee herein set forth. then in s~ohl
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event or either of them. the vendor may at 1ts optlon purs~e either ot the following oour8es~
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~. Tne vendor ma1 term1nate tb18 oontraot ani ~.'aln all payments theretotore made horeandet
by the Vendee as rental tor .ald land. and In llqul4atlon and s&tistaotlon ot the damages I
by the Vendor sustained by virt~e at the breaoh hereot by the Yendee. where~pon all l1ab1l1 tr
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I~ "-- ::~~V_Nf CORP.
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TO
AGREEllENT
HUGH SHUTT ET EL
THIS !GRIEMENT. made and exeo~ted in d~plioate this Thirtieth d,y ot June ~. D. 192~.
by and betw.en FLORIDA IMPROVEUY~T CORPORATION, a oorpo18tlon ot the State ot DELA~ARE. havln
its prino ipal otl'loe at Fort PI oroe. ~lorida. herelnatter reterred to as the Vendor. and
.~~..---.
Hugh Sh~tt and D. R. Longeneoker hereinafter rcterred to as the Vendee. ~ITNES3ETH:
That said ve~dor in 0 onsidera t10n ot the pe.yaont hereby made. and the payments to be
made, and the ooyenants to be pertormed, by the 88.14 Vendee. as herelnatter set to*th. agrees,
;:o::~. ~:_:::: :r:":: :d:.~ :t t::1:1: ::::~::.::~:I oUua'.d 1n ,st. Luolo coun'7[
TOWDShlp Thlrt,-slx (36) So~th, Range Thirty-soven (37)
East. a:>prox1mately One Hundred Twenty-two and twenty-
three hundredths (122.23) aores. lying So~th ot State _
Road #8 a8 now detined. -
subJeot to an easement or right ot way tor dralnft&o oanals or di tohos aDd p~bl1o roads.
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The Vendee agrees to purohase and does purohase the above lIlen t10ned property tor the
SUlll ot Seventy-three Hundred Thirty-three and 80/100 :>011ar8 whioh amount Vendee 86rees to
P8.1 to Vendor as tollows:
as t ollows:
Eight.en Hundred Thirty-thre$ and
4~/100
45/100
46/100
Dollars on JIlDO 30, 1928.
($l833.4~)
($1833.45)
('1833.4~)
Dollars on June 30, 1926.
Eigh\.een Hundred Thirty-three aDd
Dollars on June 30, 1927.
Eighteen Hundred Thirty-three and
with Interest a~ the rate ot seven peroent, per annUlll. paJ:able semi-annl18. lly , on the whole
snm remainiQg tram time to ti~e unpaid.
th~e ot eight peroent per annnm.
All sums not paid when d~e shall draw interest at
It is mutually oovenanted and agreed that the Vendor will pay all State. County. am
dra1n868 taxes ~p to and inoluding those tor the year 1924, and that the Vendee will pay
all s~bsequent taxes on said property.
to-wi t:
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