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~ succeedin raonth thereafter unfiil the
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whole sum named, plus inter~st has been ~
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paid in full. Each such monthly payment
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shall be applied first to interest and
then to ~he unpaid principal balance,
with interest from the date hereof at
the rate of ~even Percent (7%) per annum
on the unpaid balance. 1~vo or more pay-
ments may be made at any tirae by the
partxes of ~he seco nd part on any install- ~
i'•. ment due date. ~
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And the par~ies of the second part furt3~er covenan~
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~j and agree as fol lows t ~
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1. To pay a~l taxes, assessments, or imposa.tions that
~~may be legally levied or imposed upon said land subsequent to
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l;the 31st day of December, 1965.
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i~ 2, To maintain in a state of good repaix the building
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~ j s~tuate on the above described pr~perty and ~o suffer no waste
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` or impairment of the same, reasonable wear and tear of the same
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. only excepted.
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3. ~o allow no liens ~o bE placed on the above describe
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;j proper~y for materials furni shed, or labor performed the reon,
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and if such liens are so placed, ~he same may b~ paid by the i
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i~ parties of the fir st part and each sucn paymeni, pius in-ieres-i ;
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~ thereon at 8~ per annum, shall be added to the unpaid balance of ~
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~ this Agreem~nt. To promptly pay fnr all labor performed and
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' S materials furnished upont~e above descr ibed property.
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I' , 4. To pay a reasonable attorney's fee and all Court
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JJ~ casts should the parties of the first part be forced to take ~ ;
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j legal action to enforce th~ provisions hereof, or should the
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I~ arties of fihe second art breach this A reement and refuse to
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~ quit the pranises, making it necessary to bring eviction pro- ~
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ceedings against them, or should the par~ies of ~he fir st part ±
~ be required to foreclo5e this Agrepment or otherwise bring legal ;
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~ . ~j action hereunder .
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