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1-;-08f PlaCB III. " CODSt
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B. L. PRICB
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!HIS AORBBKBHl mad. and en'ere4 in'o thi8 6th dey of Kay, A. D. 1926, by and between 'h.
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l'ORT PIERCB PIDAUCIDO ~ID CONSTRUCTION COKPAUY, a oorporation, (hereinat'er 0811ed tbe Company),
land I.'L. Prioe ot .ortP1erol, and 3'ate of florida, herelnatter oal184 tbe Purohaser.
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WI!DlSSB!B: Tbat the Gompan, hereb, egr... to .ell and the purobaeer hereb, agrees to buy
Lot 12 Blook 8, Lot ---- Blook--~--,ot ~ORT PIERCB BRACH, a subdiviaion at land in st. Luoie
Count,. .lorida, aooordlng '0 a plat ot Baid subdiYision reoorded in the ottioe ot tbe'Clerk at
the Cirou1t Court In and tor said County .t tbe prioe at e34oo.00. payable on the following term~
; and oondi tlon8:
1720.00 oash in hand, reoeipt whereot is hereby aOknowledged, and tbe balano. ot sald pur-
lobase .on8'. 12880.00 to be paid in the tollowlog m8BDer; 1460.00 on the 6th day ot HOv., 1926
,1460.00 on Wa,.6~, 1926; 1460.00 ~n Hoy.mber 6th. 1926~ 1460.00 on Kay 6'h. 1927; e460.00 on
:!oyember 6'h, 1927; 1460.oo,OD U*7 'th, 1928:
'tog.'h.r with intere.t at ~,,.r annum pa,able. to-wi': Jan. 1st. Jut, 18'; ot eaoh year. on
'be whole .w. remaining from time to t~e unpaid. When eaid purohaBe prioe bas been tully paid
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'b, th. purohaser, tog.ther with intereBt .. aboy. 8toted- also^taxes. assessments and other im-
:p..itlons tha' may be legally leyled upon said premises eub8equent Jlo the year 1926, the Compan,
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will oony., tbe said prem1ses to tbe purobaser by a good, and auttioient warranty d.ed tree aDd
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olear ot any and all Inoumbranoe8, exoepting the taxes. aSBessmeuts. and impoaition. bereinaboy.
..re.. to be pald by the purohaser. wh10h aaid deed. ~ow.Yer. it is agreed shall oontain the
~ following oonnant. to rUD with 'he laid:,
(a) ,bat DO member ot tbe negro raoe shall, dlreotly or indireotly, aoquire aqy lnterest
wA.L
: in the~pr8Mises. and in oase at any Yiolation ot seid ooyenants, title to the 8ald premises
; shall Ipao taoto reyert '0 the ~mpaDY'
(b) That the aaid prem1seD .ball be used only tor ~esidential purposes and wben so u8ed
th. gf~ntor shall t~tbwlt~ prOYld. tor proper sanitary dlspoBition ot se..ge.
(0) That DO bulldlng or addition tbereto shall be ereoted upon the 8ald pre.lse8 wbe~eby
: the tront 11ne at .aid building or addition shall be nearer to the trout line of said p~emi8es
than tv~nty-fiYe te~t tram the_tront line thereot. and no re8idenoe shall b~ .reoted thereon
,oos'ing le8s than ,,600.00.
(d) It is hsreby .peoitloally agreed that the SODlog Syslem ls bereby adopted 8S part at
the oonsideration ot thls deed.
Ih. CODJan, here'y agreeD to olear all LOts. grade and ourb sll street~~lay necessary malo
line sewere and hard Qurtao. at 'leas' ten toot d~iYew8Ys.
All lots Shall be tl11t4 to aD ayerage eleyation ot at least tou~ teet aboye average wate~
. in '!D41aD R1YIr.
~he Company agrees to build t.o eleotrlo light lin.. along the msin st~.et. to the Ooean
: Beaoh.
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IT is UL~UALLY AGRIBD that the tl.. at payment hereunder is the essenoe ot tbi8 agreemen'.
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and that iD oa.. at 4etault'b, the ~robaser in oarrying out'anl ot the terms hereot by him
;to be pertora" elthe~ In tho making ot tbe Bey.ral paymentB hereio agr.eA to be mad. by hla.
;or otherwl.e. theD tbl. oontreot shall thereupon be, .od eyerywhere be deeald to be null, 80d
lYOid, end ani~,..nts theretofore mad. by tue purohaser 00 tbla oootraot Sbal~ be retained by
Ithe Oomp&n, 8. It. own mope" no' as . tortelture! \~, .. liquidated damages hereby ~tuell7
!tixed and .sre.d upon b, the p.r'i.. hereto. !he r.speotlve beaetlts and obligations ot tbi.
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lagr...ent shall inure to 8nA be bloding upOn the 8ald pertie. ftDd theIr re.peotlye suooes80r.,
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