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Down Peyment, consistin~ of ~775.00 cash. BalBnce of ~9,975•00
to bear an i~terest rate of ~ per annum r+hich belanae to be
paid in monthly installments of $?5.00 each beginning February
15,1969, and in like amounts on each 15th day of every month
thereafter until entire sum is paid. Er~ch month~y payment shall
be applied first to the ~eym~nt of interest and then to the
payments of' the unpaid principal balance. Two or more peyments
may be msde at any time by the parties of the second part on
any installment ~ue date. Such payments to be made et the
residence of the first parties at 32?_1 Duban Terrace, Fort
Pierce, Florida, or such other place the they may designate in
writing.
And the parties of the second part furthor covenant and `
agree as follows;
(1) To pay all taxes, assessments, or impositions
that may be legallg levied or imposed upon said
land subsequent to the
on or ~efore the same becomes delinquent.
(2) To keep the building upon said premises insured
in some company satisfectory to the parties of ,
the first part against loss by fire, t~rnado and
windstorm, with a stsndard loss p~~;;3ble clause,
payable to the ~arties of the first part, or
such perties as they may designate, in the
amount equal to the fact amount of this agree-
ment, and the par~ties of the first part will ~
be entitled to hold the original of such policy.
If the parties of the second part shall fail to
promptly pay such insurance prem~ums, then the
~ same may be paid by the p~rties of the first
; psrt end each such payment, plus interest there-
~ on at 10°~ per annum, sh~ll be edded to the un-
f pgid balance of this agreement.
~ (3) To maintain in a state of good repair the building
situatedo on the above described property and
to suffer no waste or impgirment of the same,
re~sonable wear and teer of the same excepted,
~ and the second parties acknowledge the receipt
and possession of the premises in good repair
without exception.
(4) To allow no liens to be praced on the above
described property for materials furnished,-or
lebor parformed thereoo, and if any such liens
~ are so placed, the same may be paid by the part-
~ • ies of the first part and each such payment,
~ plus interest thereon at 10$ per ennum, shall ~
~ be added to the unpaid balance of this agreement.
~ (5) To pay a reasonable attorney~s fee in the event
the f8rst perties or their assignees find it }
necessary to plece this contract in the hands of
an attorney to enforce the proviafons thereof by (
~ suit or otherWise , t
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~o~i75 ~2~,5i .
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