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HomeMy WebLinkAbout1197 ~ . ~ September , i967 and subse- quent payment s shall be due on the same day of each succeediny month thereafter until the whole sum named, pxus interest, ~ has been paid in full. Each such ~onthly payme nt shal i be applied first to interest and then to the unpaid principal balance, ~rith interest from the date hereof at the ~ rate of Six and One-Quarter Percent (6~96) per anrn~m on the unpaid balance. 1~0 or - more payments may be made at any time by the parties of the secorid part on any installment due date. Second parties ~ will make all suc~ payments to First Federal Savings and Loan Association of Fort Pierce in an ~?ccount so. desigr:ated by the ~rties of the first part. , And the parties of the second pa?rt further covenant and agree as follows : ~ 1. To pay all taxes, assessments; or impositions that may be Zegally levied or imposed upon said land subsequent to the 31st day of December 196~. 2. To maintain in a state of good repair the building ~ " situate on the above described prope~rty and to suffer no waste or impairment of the same, reasonable wear and tear of the same oaly excepted. _ 3. To allow no liens to be placed on the abov~e described ~prop~rty for materials farnished, or labor performed thereon, and if such liens are so placed, the sa~m~e may be paid . ' by the parties of the first part and each such payment, plus , the interest thereon at 896 per annum, shall be added to the unpaid ~ balance of this Agreement. To promptly pay for all Iabor performed and materials furnished upon the above described property. 4. To pay a reasonable attorrbey's fee and a?lI Court costs should the parties of the first part be forced to take legal action to enfozce the provisions hereof, or should the ~ ~ - parties of the second pazt breach this Agreement and refuse to ; quit the premises, making it necess2?ry to bring eviction proceedings ~ _ i ~ i - t ' ~ ~ ~ . . - - - _