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-7� <br />7 <br />in t�,�ha �A�yea aforesaid,,: the furth r of <br />to, - 1,TL <br />=�,b od- Twenty-fi:Te ------ <br />Dollars <br />M,, 00---. at the t 3' -.'Me or- t imez <br />wia in the manne�p following: <br />the sum of <br />D.ol^�Laps <br />or more pQT,i-aonth pa able. on the <br />-Y <br />1,% t ay Pf each and. <br />every- month - bo -ginning oii the lat <br />day of Ootobe;c 19 27, <br />un'til- 312 9 302 <br />when the whole uppaia balanc� <br />shall be due. <br />Interest at six (6)t <br />per cent per ann-Rm shall be <br />computed, an <br />11 =paid- balances monthly on the partial payment <br />plan, interQ6t <br />to b.e &Oducte& from <br />each monthly payment, an& <br />balance to b!e credite& to principal.,, said ppygionts to be mde <br />at the Gommo'jNial 11ational Bank of <br />Ilaclii�on, Wizicon,,�in, <br />and- further�agrees to pay all taxes and assessments,.general or <br />special, wh�ch may hereafter be levied or assessed on the above <br />described premises, previous to the day appointed. by law for <br />the sale of,such land for taxes; the taxes for the year 192 7 <br />to be paid 'by the. paxtZ_ of the second part; and- the part y <br />of the second part agrees to never suffer or commit waste or <br />damages upon the said premises. <br />Fourth: The times of payment above mentioned are of the <br />essence of -this contract, and in case the part., of the second <br />part shall fail to make any such payments at the time agreed upon <br />or within thirty (30) days thereafter, or shall fail to pay the <br />taxes or assessments as aforesaid, or shall otherwise breach this <br />agreement, the part y, of the second part shall, at the option <br />of the party of the firs.t part,, be deemed to have abandoned and <br />given up to the party of the first part all right, title and <br />interest in and to the above described premises and to any pay- <br />ments which shall have been made hereunder and all right of <br />action upon or growing out of this agreement. <br />Fifth: The covenants and agreements herein contained <br />shall be binding -apon and shall inure to the benefit of,the <br />respective parties hereto, their heirs, administratorsv successors <br />and assigns. <br />IN WITNESS WHEREOF, party of the first part has caused <br />these presents to be signed by its Presiclent an& countersignecl <br />by it§ Secretary, an& has ca -used to be affixed hereto its <br />corporate seal, and party of -the second part has hereunto <br />set her hand,— and seal this 31st (lay Of _;W_ust <br />.A. D. 19:27 . This contract is executed in duplicate. <br />