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HomeMy WebLinkAbout2750 and the said Partiea of the Second Part hereby covenant and aqree to pay to_the said Parties of the First Part the sum of Five Thousand Six 8undred Seventy-one Dollars ($5,671.00) in the manner followinq: Sixty Dollars ($60.00j g~c month commencinq ~ the 16th day of November, 1967, and Sixty Dollara ($60.00) on the 16th day of each nionth thereafter until the full amount of principal and interest has been paid, with intesest at the rate of 6.696 per annuna, payable monthly on the whole sum remaininq due fxom time to tiune unpaid. Each installment payment of Sixty Dollars ($60.00) per month first shall be applied on payment of the interest and then on the unpaid balance oE the principal aum. If default is made in the payment of any installment when due, then at the option of the parties of the First Part, and without any other notice all the remaining installments shall be due and payable at ~nce. Privilege ~ is given to pay two or more installmerits at any installment maturity date, but this ahall not extend the tuae of maturity or any sub- sequent installment. Neithe= forbearance, nor acceptance by the Parties of the First Part here~f after any default in any payment hereon, shall be deemed extension. AND the said Parties of the Second Part for th~nselves and their heirs, legal representatives and asaigns hereby covenant and agree with the Parties of the Fixst Part { l. To pay all taxes, assessments or impositions that . ~ may be legally levied or iiaposed upon said land subaequent to the ~ year 1962, and to keep the buildinq upon said premisea insured in ~ some company satisfactory to the Parties of the First Part, and payable for the parties respectively as their interesta may appear ` in a sum not less than F~ur Thousand Five 8undred Dollars ($4,500.00) during the tena of thi.s AgreeYnent. ~ ur or~ncss ; W1LLE8, BriTAN Ar dRIFl~IN ~ rORT PWICS. RLOR{DA aooK 16~3 0~2744 - ~ _ , ; ~