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Allowanca pe~~d in on rent $675.00 Balance of $10,~00.0~ to bear
. intereat at the rate of 7~ per annum wh3ch balance to be paid ~
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in monthly installmenta of $75.00 each, beginning ~une 28~ 1964 ~
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,.and in like amounts on the 28th day of eaeh month thereafter unti~. ~
the whole sum is paid. Eadh monthly payment shall be applied first
to the payment of interest ~and than to the peyment of' the unpaid _
' principal balance. 7'wo or more payments may be made at any time ~ i
by ~ho partiea of the seQOnd part on any installment due date. ~
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~ SuO~ payments to be mede a~ the residenca of the first partfes
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at 3221. S. Dixie Hwyl Fort Pierce, Florida, or such other place '
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that they may designate in writing.
And the parties of the second part further covenant and
agree as follows: ~
(1) To pay all taxes, assesaments, or impositions that ~ ~
, may be legally levied or impoaed upon said land
subsequent to the
on or before the same becomes de].inquent.
(2) To~keep the building upon said premisas insured
in some compan~ ~atisfactory to the parties of
the first part against loss by fire, tornado and
windstorm, with a standard loss peyable clause, ;
payable to the parties of the first part, or such
~ parties as they may designate, in the amount equsl
~ to the fact amount of this agr~ement, 8nd the pert-
. ies of the First part will be entitled to hold the
original of such policy. If the perties of the
second pert shall fai]. to promptly pey such in-~
. surance premiums, then the same msy be paid by the ;
. perties of the first pert and each auch payment, :
- plus interest thereon ~t 8;$ per anrium, shall be '
• added to the unpsid balance of this agraement.
{3) To main~ain in a state of good repair the building
~ ~ situated on the above described property and to ;
suffer no waste or impairment of the aame, reason-
` able wear end tear of the same excepted, and the
- second parties aeknowledge the receipt and possess- .
- ion of the premises in good repair without exception.
. (4) To allow no liens to be pleced on the above des-
cribed property f'or materi~~s furnished, or labor .
~ perfarmed thereon, and if any such liens are so
placed, the same msy be paid by the parties of the
. first pert and each such payment, plus interest
. thereon at 8~ per annum, shell be added to the un4
~ paid balance of this egreement. -
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~ (S) To pay a reasonable attorne~~s fee in the event the, t
' first parties or their assignees find it necessary
to place this contrect in the hands of an attorney :
~ to enforce tha provisions thereof by suit or ~~her- :
. wise.
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