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<br />( & I oUv' <br /> <br />/ <br />13{/D <br />hU\) <br />[,)D <br />/ l1~rP <br />/) JU <br />/ J THIS AGREEMENT, made and entered tnto this 7th day of . <br />If ~ . ~"&t!lPe..r , 19 90, by and between George H. and Jewell M. Minielly <br />"1 as SELlEI~{S) and RexL. and Dawn M. Darrow <br />ROf 38323 11th Ave.. Zeohvrhills. FL. 3354 as PURCHASlm~ <br /> <br />WI/EREIN IT IS MUTUALLY UNDERSTOOD, STIPULATED, COVENANTED <br />AND AGREED AS FOllOWS: <br /> <br />AGREEMENT FOR DEED <br /> <br />TltAT,' if' the Purchaser shall first make the payments and <br />perform the covenants hereinafter mentioned on the Purchaser's part to <br />be made and performed, the Seller hereby covenants and agrees to <br />convey and assure to the Purchaser, tn fee stmple, clear of all <br />encumbrances whatever, except restricttons and reservattons of record, <br />by a good and sufficient stamped recordable Warranty Deed wfth <br />release and wafver of the rtght'of homestead and dower, the folfowfng <br />descrfbed real estate tn the County of Pasco and State of Flortda, to <br />wit: <br />The East 65 feet of Lots 13 and 14, Block '56, TOWN OF ZEPHYRHILlS, <br />as the same sfe' numbered and" sh9W" on the map or pIa t thereof, ,..as,~.b~ <br />same is recdrded in plat Book 1, Page 54, Public Records ~Pasco __ <br />County, Florida. .' "..' ~ <br /> <br /> <br />I'V <br /><::) <br />./&= <br />-u <br />::::: <br /> <br />.. ,.) - <br />. r~\.~'-' <br />~. <br />\1' -.. <br />\1.~ -. ~ <br />'1"\' <-: <br /> <br />-oJ <br />W <br />N <br /> <br />en <br /> <br />A <br /> <br />"- " <br />- :'.:'j <br />c..o '. \, <br />c:::J <br /> <br />:::: <br /> <br />PURCHASER hereby covenants and agre~s to pay to thE.' Seller <br />the Sum of $~ ~ ~~~f;-;WO ThollsaocLL' dollars, <br />.$-6.,.QOO (Six Th~u!';;:)nd) no] i~r~ paya61e-upon ,executIon of thfs <br />aocument, I <br />For Value Received, the undersigned "Purchaser" promfses to <br />pay George H. and Jewell M. Minielly , or order, the <br />PrfncTj)al stlm of U6.000 (Sixtee>J:L.1housand Dollars) wfth <br />interest on the unpata-6alance from tfie-date or-tfilS-NDte:-unflT pafd, <br />at the rate of 11% Eleven percent per annum. Prfncfpal and <br />tnterest shall be payalile at the office of the Note Holder, or Stich <br />place as the Note Holder may desIgnate, In J1!9nt~lY . payments <br />consfsting of 96 Ninety-six successtve tnstallments of -.l51~ each, <br />cOOlnencfng on the 11th day of Januar.x-. ,19 21, and <br />continuing until pafd n full. This agreementhasa 10 day grace <br />perfDd wfth late charges of 5% befng due and payable, together with <br />any accrued fnterest. This agreement allDws the Purchaser to prepay <br />all or any part of the princfpal at any time or times with fnterest to <br />day Df payment only. <br /> <br />And if default shall be made in the payment of the safd <br />sums of money, or any part thereof as provfded therefn, or any other <br />agreement or covenant tD be performed by the Purchaser herefn, for a <br />space cf 30 dfiYs, then tt ~hall be optional wfth Seller to consfder <br />the whole of satd principal sum to be ilm1edfately due and payable, <br />together with any accrued interest. <br /> <br />J_ __.J....J,J .I.J__ <br />