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El~iIBIT "A" t -
ADI~ID[&~! ZO ACf~I~IT FOR DF~
dated peaanber 23, 1980, betLaeexi Jose~ph GerrY.
First Party, and Kixk E. DrEw, Seorxid Pary
In mc~thly installm~nts of $451.24 eacYi, oam~cing on tt~e 23rd
day of . 1981, and vontinuing o~ the 23rcj day of
~~ m~n thereafter for a period of fiv~e years or until
seoorid party can assLUn~ existing first mort~gage. whic~er is sooner.
In any event, the balanc.~e of principal, if any, remainin9 unP~~•
together with aocrued interest, shall be due and payable on the 23~
day of ~ , 1985. The installments of interest anc3
princiF-a~ll first be applied to tY~e interest ori the indebtedness,
a~xi the ba].anoe shall be applied in reduction of principal.
If any paym~it of princigal or interest hereby required is o~verdue for
m4re than fiftreen (15) days, the first party may, at its sole option,
declare the wYnle sun fi.~~n ranaining unp~aid, with any interest, tn be
imnediately due arrd payable, and any failure to exercise said vptirn
shall not oosnstitute a waiver of the.right to exercise sa~~ at any
other time. •
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