HomeMy WebLinkAbout0413 install=ent shall be due on May 10, 1965
and subsequent paya~nts she?lI be dve on ~
the sa?a~e dey r~ ~ach succaeding moath t~t~9:e
~fteruntil the whole su~ nauted, plus interest
has been pai3 in f~l].. Bach such ~onthly
paysent shall be applied first to interest
and then to the unpaid principal balance,
with interest fxoa the date hereof a?t the
xate of Seven Percent (79~) pex annua~ on ~
th~ unpaid ba?l.ance. 21~vo ox ~ore p~,yments
may be made at au~~y ti~e by the partiss of
the second pa~t on any ~ristallment due date.
And the parties of the second part fuzther covenant and
agree as followsi
1. To pay all taxes, assessments, or impositions that
may be legal],y levied or imposed upan said land subsequent to th
31 st day of Dece~ber , 1964.
2, To maintain in a stats of good repair the building
II s~tuate on the above descxibed property and ta suffer no wast~
I
or i.mpa3rment of the same, reasonable wear arri teax af the same
anly excepted.
3. To allow no liens t o be placed on the above desczi--
bed property f or materials furnished, or labox performed thereon
and if any such liens are so placed, the same may be paid by the
~ parties of the first paact and e~~h such payment, plus interest
;
~ thexeon at 8% per annu.~ ~ shall be added to the unpaid balance of
this Agreem~nt. To promptly pay for all labor performed and
~
materials furnished vpon the ab~ve described pxoperty.
4. Ta pay a reasonable attorneyt s fee and all Ccyurt
costs shauld the parties of the fix~t part be forced to take
; legal act3.on to enfozce the grovisions hereof, ox ~hould the
~ parties of the second part breach this Agreement and refuse to
quit the premi~es, ma~kinq it nece~sary to bring eviction pro--
ceedings against then, or should the parties af the first part
be required to for~close th3.s Agreement, oz other~vise bring legal
ROYCE R. ~Ew~s act3on h~reunder.
~TrosMCir wr ~ww
fYf+w~s[ TKt~TMt ~~os.
Iowt htiec~. FtO~uo~ -2-~ ~
~ ~