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Each such monthly payment shall be ;
applied first to interest and then
to the unpaid principal balance, '
with interest from the date hereof
at the rate af ~96 per annum on thE i
'j ungaid balance. Two or more payments '
may be made at any time by the pazties i
~i of the second part on any installment i
- due date.
And th'e partie s of the second paxt further covenant and agree as
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i fol lows : ;
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~ l. To pay aIl taxes, assessments, or impositions that ~
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~~may be legally levied or imposed upon said land snbsequent to the
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' 31st day of December-, 1966. ! ~
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:i 2. To maintain in a state of good repair the building ~
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~ situate on the above described property and to suffer no waste i
• I or impairment of the same, reasonable wear and tear of the same.
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~ only ~xcepted.
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3. To allow no liens to be placed on the above described~
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property for materials furnished, or labor performed thereon, ~
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~+and if such liens are so placed, the same may be paid by the
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parties of the first art and each such a t
p p yment, plus interest, !
thereon at 89~ per arinum, shall be add~ed to the unpaid balance of '
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this Agreement. To promptly pay for all labor performed and ~
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fj materials furnished upon the above described property.
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4. To pay a reasonable attorney~s fee and alI Court ~
costs should the parties of the first part be forced to take
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le al action to enforce the ,
~ g provisions hereof or should the ?
!j parties of the second part breach this Agreement and refuse to ~
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quit thz premises, making it necessary to bring eviction proceed-• ~
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ings against them, or should the parties of the first part be ~
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~i zequired to foreclose ~his Agreement or othezwise bring legal - j
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_ ~i action hereunder. ~ ' ~
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fj 5. To pxumFtl; pay each and every installment hereunder; i
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as the same becomes due, time of payments being of the essence. ~
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