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HomeMy WebLinkAbout0113 on any installment due date, but the making of _ any such additional payments shall not defer the next due regular payment. And the party of the aecond part further covenants and agrees as follows: ` ~ 1. To pay alI taxes, assessments, or impositions that may be legally levied or imposed upon said land subsequent to .the 31 st day of D~ecem I968. ~ 2. To maintain in a state of good repair the building situate on the above described property and to suffer no waste or impairment of the same, ~ reasonable wear and tear of the same only excepted. I 3. To allow no liens to be placed on the above described property for materials furnished, or Iabor performed thereon, and if any such liens f ` are so placed, the same may ba paid by the }~arties 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 perfo~med ~ and materials furnished upon the above described property. 4. To pay a reasonable attorney's fee and all Court costs should ~ ~ I ~ the parties of the first part be forced ~o take Iegal action to enforce the ~ ~ ; provisions hereof, or should the party of the second part breach this Agreeme t ~ a~ refuse to quit the premises, making it necessary to bring eviction proc ~ ings against Iiim, or should tha parties of the first part be required to forecl e ~ ~ this Agreement or otherwise bring iegal action hereunder. 5. To promptly pay each and every installment hereunder as the sam~e ~ becomes due, time of payments being of the essence, 1 I ~ 6. To keep and maintain, throughout the life of this Agreement, a i policy of fire and extended coverage insurance upon the above described ~ property in the minimum amount of ~10, 0(f0. 00; such policy to name as loss ~ ~ = payees the parties of the firat part and memorandum certificates of such ~ ~ ~ insurance to be furnished the parties af the Hrst part each and every year ~ ~ l . ~ . t i Yo~c17.'~ a~ 1~~,~-~ i ~ - ~ . . 1 , : . , . _ } ~rv , _ ~~t : ; ~ - _ .