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HomeMy WebLinkAbout0762 O.R. 6 1 8nc_ ..2 S~. LUCIE Co~n, HA. \."-.. ~" - as their interests may appear, in a sum not less than $7,800.00 during the term of this agreement. ~nd in case of failure of the said par.~ies of the second part to make any of the payment! or any part thereof, or to p~rform any of the covenants 011 their part hereby made and entered into, this cont~act shall, at the option of the parties of the first part, be forfeited and terminated, and the parties of the second p~rt shall forfeit all payments.made by them on this contract; and such payments shall be retained by the said parties of the fir5t par~ in full satisfaction and liquidation of all damag~s by them s~stained, and the said parties of the fi~st part shall have the right to re~enter and take possess~on of the p~emises aforesaid with- out being liable to any action therefor. If any payment should stand in default for thirty (30) days, or there occur any breach of these covenants, then the first parties have the right to make all payments. remaining unpaid ~er~under due and payable at once. Second par~ies shall pay all costs of collection and attorney fees. IT IS MUTUALLY AGREED, by and between the parties hereto, that - tbe time of each payment s~all be an essential part of this contract, and that all covenants and agreements herein contained shall ext1nd to and be obligatory upon the heirs, executors, administrators and assigns of the respective parties. When this contract shall be reduced by payment to that sua which could be financed thro~gh a loan institution, then Second parties agree to so fiuance, paying in full the First Parties hereund_r. IN WITNESS WHBR~, The parties to these presents have here- ".into set their hands and seals the day and year first above written. Signed, Sealed and Delivered in Presence of: ~~~p ;it<4.r---- , -:JC;-M_a. 'x-- SIC~l) PARTIBS J.SlW..) (SEAL) i' , , . U ~A1-L~<"~~ - 2 - .. . _, ;'=-.... . ~ . . . ..' ~ . .' . -... L;._. . a_;f' ~ -:: :.;..~ . . .- d. '"~ "(r _- ~ ~