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1n an amount equal to the amoullt due under this ccntrflct frC'!11 t;me to tlrr;e.
The parties of the se con d part shAll keeI-' the bu~ldi:lg located
upon the above-oe8c~ibed property in good repair.
The parties of the first pa1-t agree to deliver to the r-arties
of the second part an abstract of title bra~ht up-to-date at the ti~c
of final payment of the above-mentioned IUrchfJ.se r-rice; q"d s'::"'c;.lc t:'ll:
said abl'ltract disclose that the parties of the f'lrst part co 'l't ::",";0
merchantable title to the above-described property, t~c-n t:~e i;'JrtLe~ of
the first part shall have a reaso"nable time 1"1 whIch to ~.-'1\(C t~[. ss.rr.e
merchantable.
It is further agreec between the par'ties :wrete tc-~n.t 1"'. t"',e cven.t
of failure of the said parties of the second }art to nake any ~f :~e ~ay-
ment s, or any pa rt the reof, or to }:-e rform any of the cove t1<:n ts (''1 t t,(;':'1'
fart hereby !mde and entered into, this cor:tr8ct shall, at the c-rt:iC:1 of
the parties of the first part, be forfeited al1c. terminatec a~,G t:-:e p8.rtIes
of the second part shall forfeit all paymentsm'1~e by the~ O!'1 t:-:ls CO:1-
trac t and such payment s sha 11 be re ta i:"le d by the p~_rti C 3 of th0 i':'1' S t ;8. r t
in full satisfaction and liquidation of all dam~Ees by t~eM sUEtai~ed, U~~
the said parties of the first part shall thon have t~c rl[ht to rc-e~~~~
and retake possession af the pre~lses afores8id, wit~out bei:J.F, lia~le tc
any action the~efor.
It is mutually agreed by and between the parties r,eret0 t.::.<;t t~;e
time of e!lch payment shall be an essential J:;art of t~.is ccntraC't ~,"c: l..:lat
all covenants and agreements herein contained 8:1all extend to nnd oe
obligatory upon the heirs, administrators, asslgrls and executors cf' '~-l(:
respective pa.rties hereto.
IN W!TNESS WHEREOF. the partie. to these presents have hereunto
set their hand. and ..a1s the day and year first above-written.
Signed, .ealed and delivered in the
presence of:
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~Te'sor the 8~(\nd Fart.