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<br />e <br /> <br />e <br /> <br />. - <br /> <br />.Ll <br /> <br /> <br />..-.-....~ .~.._~,.. - <br /> <br />...... ~. <br /> <br />...... <br /> <br />.......... . .If~" <br /> <br />~ <br /> <br />U II; II:AGf 1/1 1I11lC~ <br />i VlII5614 "'.1 494 <br /> <br />i'.:I-je 5 of 7 <br /> <br />install~cnts, ~5 follo~s: <br /> <br />~:;I(!:1 t:~-:: i::1.p~ovcj,~ents h~l..(!ir. o.C'Gcrcd fur ar.:,o strcut.:. <br /> <br />unit !lerei:l dcsi;n.:lted ~)ve been co:~pleted .:Inci o1cce?ted by tno. <br /> <br />'City oC L.:I ['or~~. t:'le a:nount of t;le aSG.:.s;;.:.ent .:I\;ainst e.:.ch l'r.o~- <br /> <br />;~rt'l abutting ~hercon ar.d the re.:ll .:Ind true o....ners tt.ereo~ s;:,,:l <br /> <br />'~e and become payable in ten (10) e~ual insto111~ents. one ins~.:Ill- <br /> <br /> <br />~ent to L~ due and payable in thirty (30) days after the co~~lc~ion <br /> <br />'c~ said improve~ents and the acceptance thereof by t~e City 0: <br />,La Porte. and another .install:lent in a like a:::ount to be I;!ue ::lac. <br /> <br />,pa~'ablc in one. t....o. three. four. ::ive. six. seven. eight and nine <br /> <br />,years respcctively after said date of acceptance. ....ith in~ere3t <br /> <br />~l:o.leon fro~ said date of acc...~':ance. at the rate of .s; )( per <br /> <br /> <br />'cent ( 6 'I per ann~'. payable .:Innually; provided. however. t~~~ <br /> <br />I <br />the o~ners of any of said ~roperty shall have the ~ri~ilege cf <br /> <br />,payin; all or any of said installcents at any ti:::e before ~at~r~~J <br /> <br />'thereof b. paling the total a:ount of principal of such instal~~e~t <br /> <br />to;etl".er ....1th tl:e interest accrued thereon to the ~ate cf po1}"O::':~~, <br /> <br />Further. if default be r.ade in the pa~~ent of any of said ins~~l:- <br /> <br />':::e"ts of pr incip.:ol or int.!rest pro~?tly as the sa.-::e ::'.atures. -:':.':':: <br /> <br />at the option of the contractor or his ass,"gns, t.he entir.:. Ol."'.u:":l: <br /> <br />of the assessment upon which def.:lult is made. to;cther wit!l <br /> <br />:reasonable attorney's fees and all collection costs incurred. <br /> <br /> <br />shall be and beco:le L~~ediately due and payaule. <br /> <br />Section 6. The constructiun and installation of t~~ <br /> <br />Ulprov~~ents herein ordered in each street unit or portion of <br /> <br />street herein designated and described shall be separate and <br /> <br />independent of the construction and installation of SIlC!l imprcvu- <br /> <br />oents in each and every other street unit or portion of street. <br /> <br />The assess::\entc tu be levied for the improvements in each such <br /> <br />street unit shall be sepClrate and distinct fro,,, tho assessrn~n~:; <br /> <br />to be levied in every otner st.reet unit; and in :.laidnCJ Clad 10.::'in; <br /> <br />Iluossments a-;ainst property for tho irn"rove:n~:nts in, one unh (' " <br /> <br />~ortion of street, no :atter or circu~sto1nce in connectlon ~!t:. <br /> <br />any ot~lcr U:'.lt or i"1"'rti~:1 o~ st:"4Jot s~~a.~l Lc cor.::.l.rh~r('ci, all ~. <br /> <br />.- <br /> <br />o <br />U'1 <br />~ <br /> <br />c.c <br /> <br />-l <br /> <br />. <br />I <br />, <br />