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<br />PageS:1x
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<br />Section 4: That said several amounts, together with interest, expense of
<br />collection, and reasonable attorneyst fees, if' incurred, shall be ,am. the same
<br />are hereby declared to be a first and prior lien on am against said respective
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<br />abutting properties, and said amounts so assessed, together with said other items,
<br />shall be and same are hereby declared to be personal liabilities and charges a-
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<br />gainst the true owners of said properties, respectively, whether named or not, all
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<br />as provided in and by said Article 1l05-b of Revised Civil Statutes of Texas a1Xi
<br />as adopted by Section 8 of the Charter of the City of La Porte, Texas, aforesaid;
<br />and such assessments shall be collectible with interest, expense of collections
<br />and reasonable attorneys' fees, if incurred, am shall be a first and prior lien
<br />on the property assessed, superior to all other liens and claims except State,
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<br />County and City ad valorem taxes, and shall be a personal liability aai charge a-
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<br />gainst the said owners of the property assessed; that said sums so assessed shall
<br />be payable as folloWS, to-wit: Each assessmEllt shall be payable in twenty-four
<br />equ~ monthl7 installments J including interest at the rate, of 8% per annum. The
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<br />first installment shall become due and payable on or bef'ore thirty dqs after
<br />the completion and acceptance by' the CitY' of the improvements, and thereafter
<br />a like installment shall becoma due and pqa.ble on or bef'ore the same dq of
<br />each of the nex t succeeding twenty'-three calendar months.t,
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<br />and if default shall be made in the payment of any interest or principal when dueJ
<br />the whole of' said assessnent, upon such detault,shall at once become due am pay-
<br />able at the option of the holder of the indebtedness or his assigns; provided, said
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<br />property owner shall have the privUege of paying a,ny ot said :Lnstallments before
<br />maturity by payment ot principal and accrued interest.
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<br />Section: 5 That for the purpose of evidencing sa,id as,sessments, the liens se-
<br />curing same and the ,se~ral sums payable by said property owners am the time am
<br />terms of payment, am to aid in the enforcement thereof', assignable certificates
<br />shall be issued by 'the City of La Porte upon completion and acceptance of' said im-
<br />provements, which certificates shall be executed ,by the City of La Porte aId attested
<br />by the City Clerk, with the corporate seal affixed, and shall be payable to the
<br />City of' La Porte or assigns; said certificate shall declare the said amounts, am
<br />'.- the time and terms of paynent thereof', the rate ot interest payable thereon, the
<br />description ot the respective properties against which the aforementioned assessments
<br />have been levied, sufficient to identify same, and same shall contain the name or
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