HomeMy WebLinkAbout0386
,
~) :l ; 5 '-t ~.~ S 1
..
, .
1-:' . , " . " [ ( q,:', r LA
!~m...i.t\lnt; ff(4~ tl,lW to tbu-e unp;\1t\. SAid. ili()nth~y ~laytnef\t~
~t;all bt' fir"t applled t() thr paYl(it~l\t of thf! lUonthl;' ~5Cr()W
c11if.ft(f', 10 the t't\l!ti of )2.00j fH'xt to thf' flllV!(!ent of !.ntt.tf:~t
nn tlw I.Inpi\i(\ bldan.;t' and the rctlH\illdt>l' to p.rHH.'ipul. P(!~5(,~-
5\01\ lJlhlt~r tJdf\ !\r;rt'f:n,f:nt tr, he ~ivt'n Oil tht' )i~t day of
Ih~f{'rnbt' r. 1 \.1{;2.
Privil..~t? i~ v,ivt'n to mnkt" ~)!trl\ pavm.~nt~ on
_ !\nv pa Yl!l~nt - d~tt"- ~m\ -Htt",,.ett\wt 1 i --lj('>- f'~Ud':u- ltHt1- dHH~ed ~f' I y---------------'
on thf' unpo:il\ t)IlL,nc.e. All p"ymellt!'> (}\l(' \.Inller thi~ contrl\.ct
sh,dl be paid to Soy Capit31 Hl\nk, at Dt?catur, Illinois, he(("-
inafter r('ferre(} tf) i;.~ e~cr(jW lljl,ent. Escrow CIH!.Q';C5 !'shall hr'
paid by a-C{:Qnc p;uty ill the tluID of $2.00 per IlH..lf\lh <\s i!bo\!e
prnvl<1f'U.
$f>con(\ \,arty als.o "frees to pa'r' b-:.fori' sale or pt:!nalty
i\ccr\l~d gt"neral taX~f> p.\yablt" Hi thf" Yf..>ar lCJt-.3 al1(~ there",!tf'f.
i\od fl1) instal1ltlt~nts (~f special i\55("5titWnts falling r1ue OIl
Jalluary 1, lq63 antI th(>reafter, l\iH1 :H'cotHi party iif'.rees to
keep th(' illlp((IVCmetlt~ on tl1f' pn'l>1i5E!ti in l\ r~.~onnbly r;opd
5 t 1\ ten f r e p it if, wh i c h 3 h all in ( \ u d e the p a in tin g 0 f t h t' i n -
tprior nnd exterior of th~ buildings locat~d on said rremi~es
:ii;t le.f.~; f::-eq'.!~nt than t'vrry third year bef;inning with tilt'
ye;lf 1905, ~\n.1 to keep t;ai(1 prereise4 insured for their full
['f'nsoil3t:lt> in~urllhle value againf.t lost. by fire ~nd ~int18toni1,
wlth e:deniled Coverage, for the lite of this contn1l;.t~ said
in[;ucanc(' to be writt~n throup,h ag~ncy selected ljY first pa.tty
in the namf~ of first party l\no to {'ontain t\ clp..un~ {,f t~nf\or8e-
m(!nt slimol1.ng the interest of sccon.:1 party hy reason (.~f this
contc;){ t and l",ubjf'ct to the rigilt~ of any mortg;l~ee :..11 any
~xisting ma~tgage~
saic1 i n5U ranc~ pol ic ies to 1J.c he 111 by
escroW l:l~ent during the Uft" of th15 ll)ntract.
If any onr or more $Qnthly paYMenl& are not paid ~y second
party within t~fi daYf, after the same are due then at the option
of f i r!>t pnrty th~ int~n>&t ,hie and unpaid r,;ay bt': !l,(.1;1e(~ to thi?
pdnClpnl of th(' contra!;'t and lntf'fe1.t a1: tht: ra.te of six per-
c~nt (b~) per annum ahall th~refore be pay~ble th~teo".
2 ..