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HomeMy WebLinkAbout2746 ; . . ~ ~ ~ . h - - - - - ~ - _ - . ~ a~:d the said parties o/ tl~e aecond part hereby couenant and agree lo pay to the sccid part ies of the first part the sum o~ FiYty Five Hnndr~ed 00/100 Dollars. in tlie ~nar:ner fo~llowing =~5Q.Q0 per aonth beginzti.ng Dec. lst~ 1966? wi.~n iat!~rr~ from ~Iav. lst, 196d. P~rments in default if past due and unp~?id fifteen days af~ter due datE. P~rep~yment privilege allrn?ed. Default in a~apt aonthly peysent canses en- tire principal sw~ reaaining unpai-d to becose due and pqyable at option of ~eller, ~rithaat notice. Home to bs rept in gaod repsir at all tiaes. rvith inferest at the rate o/ 6~75~ , per ce~i[um per annu~n, pteyable Yonthl,y a~:~:uc~tly on the whole sum remaira~ig /rom lime to time unpaid: u~id to pay all taxes, assrssme~ils or impositions that may be tegatly leuied or imposed upon said lund aubseque~et lo the y~ar 19(~5 .~nd to keep the buitdings upott said prerttiaes insured in some comparty aatiajactory to the part of the rirat part, and payuble ~~r the parties, respectiuely as their i~:terests may appea~, in a sum not leaa tharc $04 of Appraiaed ~alue Dollars , di~ri~ig the tPrm o~ (his agreement. A~:d in case u/ /ui[ure o/ (hP said par[ fes o~ Ihe aP~ond part [o ~nuke any o~ lhe payments or arty purl lhereoj, or to per/orm any o/ !he covenants un their parf herPby mude and entPred into, this ~ontruct shall, at the option o/ the pcrrties u/ !hP ~rst _ part, be for/eited and terminated, t~?id the part ies oj 1/ie secored part ahutl ~orJeit ul! paymenls made by thea on thra.contract; and such. paymetits shall be retai~ied by the said parl ies of t/ie ~irst par[ i~r jull satis(actiore and liquidntion o/ al/ damages by thea sustained, and the said part ie8 0/ the frsi part shal[ haue tlie righ_t to re-Pnler and take posaession o/ the premises a/oresaid withou[ beiri~ liable lu any aclio~i there%r. ~t ~~i~Aily ~9~~ by and between the parties herP(o, thc~t the lime o/ Pa~h ~xaym~nt ~ ahatl be an esse~~tiat parrt o/ this co~etract, a~id that all co~enants a~rd agrPemPnts hPrPi~: ~o~itainPd shall erlend to and be ~6ligatory upon ihe heira, earpcutora, administralors and assigns o/ the re- speeliue parties. ` ~Il~ml~ The partiea lo tl~eae presPnta haue hereur:to se[ lheir hands uiid se~ls `i lhe duy and year ficst aboue written. II Signed, 'ea und Delivered ~ i~e Presence o~: , ' ~ I - - - . ~ I ~ ~ ------C`~~~__. I ~ , I • ~ ~ . ~ - . - - ~ . - - 1_'~""•'-" ' ~ . BOOK 1~~ PAGE ~ ~ - - - ~ . ,.v~ ,.a ~ - - - - - - - - - _ _ _ . ~ _ I . I~§ I r ,~~i"..;~,'~ ? . _ ..._I.. - z3..' • - - ~ _ ~.yu