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been paid ~n fu11. Each such monthly
` payment shall bP applied first ta y
interest and then to the unpa~d prin- ~
cipal balanca, with tnterest fxom ~he ~
' ~atp hPreof at .the rate of Seven Percenfi ~
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(790) per annum an the unpaid balance. ~
Tcvo ox, more payments may be made at any ~
time by the parties of the second part ~ ;
i on any installment due d~te. '
And the ar ' ~
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p ties of ~he second part further covenant and
agree as f~ll_c~~YSt I
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l. To p~,y all taxes, asse~smen~s~ or impositions that i
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: may be legally levied or imposed upon said land subsequent ~o ~
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;'the 31st day of December 1965.
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; 2. To maintain in a state of good repair the building +
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` sitUate on ~he a,bove described property and to ~uffer no waste ~
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or impairm~ nt of the same, reasonable wear and teax of the same ~
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anZy exc~pt~d. ~
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3, To allow no liens to be placed on the above described,
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properfiy for materials furnished, or labor perfor~ned thereon, ~i
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i; and if such liens are so placed, the same may be paid by the ~
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; parties of the first part and each such paymertt, plus interest ~
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thereon at 8°7o per annum, shail be adc~ed to the unpaid balance of ~
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this Agreement. To pxomptly pay fox all labor performed and ~
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materials furtLZShed upon the abo~e described property.
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f; ~ 4. To pay a reasonable attorneyts fee and all Court i
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~~i costs should the parties of the first part be ~orced to take ~
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legal action to en.~Eorce the provisions hereof, or should the
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par~ies o~ the second part bxeach this Agreement ar~d refuse to '
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quit the premises, maicing it necessary to bring evict ion proce~d~ ~
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ings aga3nst them, or should the parties of the fixst part be ~ f
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required to foreclose ~his Agreement or otherwise bring legal ~
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+i action hereunder . ~ ~ ~
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