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And the partiee of the second part fuither covenant and agree as
follows: -
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i, To pay all taxes, assessments, or impositions that may be legally
levied or imposed upon said land subsequent to the 31 at day of D~ecember, 196 .
2. To maifitain, in a state of good repair, the building situate on the ~
above described property and to suffer no waete or imgairment of the same,
reasonable wear and tear of the same only excepted.
3. To allow no liens to be placed on the above described property for
materials furnished, or labor performed thereon, and if any such lienB are
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~ so placed, the same may be paid by the party of the first part and each such '
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~ payment, p~us interest thereon at 8~ per annum, shall be added to the unpaid
~ balance of this Agreemen~ To promptly pay for all labor performed and
~ materials furnished upon the above described property. ~
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4. To pay a reasonable attorney's fee and all Court costs should the
~ party of the first part be #ore~d to take lega2 action to enforce the provisions ,
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hereof, or should the parues of the second part breach this Agreement and
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i, refuse to quit the premises, maldng it necessary to bring eviction proceeding
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~ against them, or should the party of the tirst part be required to foreclose
~ this Agreement or otherwise bring legal action hereunder.
5. To promptly pay eac h and every installment hereunder as the sam~
~ becomes due, time of payments being of the essence,
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~ 6. To keep and maintain, throughout the life of this Agreernent, a
1 policy of fire and extended coverage insurance upon the above described prop
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erty in the minimum amount of ~15, 500. 00; such policy to name as loss paye s
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the party of the first part and memorandum certificate9 of such insurance to `
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~ be furnished the party of the first part each and every year throughout the
~ life of this Agreement. -
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;1 7. The parties of the second part are e,xecutin eimultaneousl with a
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Articlea of Agreement, a Quit Ciaim Deed re-conveying the above described
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