HomeMy WebLinkAbout2863 plus interest, has been paid in full.
Each such aonthly payme~t shall be
applied first to interest and then to
the unpaid picincipal balance, wit h
interest from the date hereof at the
r~,~e a~ 79G per annum on the unpaid
balance. 1Mo or more payments may be
made at any time by the parties of the
second part on any installment due date. A
grace period of 10 days is hereby allowed in the due dates.
And the parties of the second part further covenant and agree as
follov?s:
1. To pay all taxes, assessments, or_impositions
that may.be legally levied or imposed upon said land subsequent
to the ~ist day of ~ecember, I965.
2, To maintain in a state of good repair the
building situate on the above described property and to suffer no
waste or impairment of the same, reasonable wear and tear of the
same only excepted.
3. To allow no liens to be placed on the above
described property for materials furnished, or labor performed
~ thereon, and if such liens are so placed, the same may be paid by
the parties of the first part and each such payment, plus interest
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~ I thereon at 89b per annum, shall be added to the unpaid balance of I
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; this Agreement. To promptly pay for all labor performed and
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materials fur nished upon the above described property.
4. To pay a reasonable attorney's fee and all
Court costs should the parties of the first part be forced to take
legal action to enforce the provisions hereof, or should the
parties of the second part breach this Agreemerrt and refuse to
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quit the premises, making it necessary to bring evicti on proceed-
~
ings against them, or should the parties of the first part be
required to foreclose this Agreea~nt or otherwise brir~g legal
action hereunder.
~i47 461 ~
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