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monthly payment shall be applied '
first on interest and then on the ;
: unpaid principal balance; with
interest from the date hpreof at ~
the r ate of 6~b per annum on the ~
unpaid balance. Two or more pay-
ments may be made at any time by
the partie s of the second part on '
any installment due date~ but the
maki ng of any su ch addi ti onal pay- ~
' ments shall not defer the next due ~
' regular payments. ;
And the party of the second part further covenants a?nd agrees as :
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follows : t
1. To pay all taxes, assessments~ or impositions
that may be legally levied or imposed upon said land subsequent ;
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to the 31st day of December~ 1967. ~
2. To mai ntain in a state of .good repair the bui ld••
ing situated on the above described propert y and to suffer no
waste or impairment of the same, reasonable wear and tear of the ;
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, same only excepted. !
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• 3. To allow no liens to be placed on the above
described property for materials furnished~ or labor perfoYmed ,
~ thereon, and if any such liens are so placed, the same may be
paid by the parties of the first part and each such payment~ •
plus interest thereon at 8% per annum, shall be added to the +
unpaid balance of this Agreement. To promptly pay for all labor :
performed and materials furnished upon the above described
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property. ~
4. To pay a reasonable attorney's fee and all Court'
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costs should the parties of the first part be forced to take
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legal action to enforce the provisions hereof, or should the
party of the second part bre ach this Agreement and refuse to ~
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qvit the premises~ making it necessary to bring eviction proceed-
ings against it, or should the parties of the first part be
required to foreclose this Agreement or otherwise bring legal ~
action hereunder,
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~ ~ R 169 ~24?? ~
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