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1 thirty-day period during which such installment is due and <br /> 2 payable shall thereupon become delinquent . Each delinquent <br /> 3 installment shall be subject, at the time of delinquency, to a <br /> 4 charge of 12% penalty levied on both principal and interest due <br /> 5 upon that installment, and all delinquent installments also <br /> 6 shall be charged interest at the rate as determined above. The <br /> 7 collection of such delinquent installments shall be enforced in <br /> 8 the manner provided by law. <br /> 9 <br /> 10 <br /> MAYOR <br /> 11 <br /> ATTEST: <br /> 12 <br /> 13 <br /> CITY CLERK <br /> 14 <br /> PASSED: //-- <br /> 15 <br /> /-15 <br /> VALID: /1 <br /> 16 <br /> PUBLISHED: /(- <br /> 17 (-17 <br /> 1104e <br /> 18 <br /> 19 <br /> 20 <br /> 21 <br /> 22 <br /> 23 <br /> 24 <br /> 25 <br /> - 4 - <br />