Loading...
HomeMy WebLinkAbout0851~. w. zs ~ PAGE 151 B001I ST. LUCIF COUNTY. FIA. e+ontbly paywent date= and the entire belaace e~ay be prepaid at any tiwe. 3. Second Parties mill keep the dwelling insured against loss by fire and extended coverage is the winis~a^ of X8,000.00. Current insurance is being prorated as of Decewber S, 1961. • 4. Taxes for the year 1961 are being prorated as of the Stb of Decewber, 1961, Fisst Party will pay that portion of 1961 taxes through Oecesber 5, 1961, and Second Pasties Mill pay for the balance of Decewber, 1961. and sabsegaent years. 5. Opoa cospletion of payw.ea is to be made by the Second Parties and interest thereon, a: agreed abova, First party, cove- nants and agrees to convey a good and ~eerchantahle title to the sub,~ect property to the Second Parties, their snrvivor* and as- signs, free and clear of all liens and encnwbrances except as to taxes after 1961, and except as to sacb liens and/or encnwbrances as way come into existence hereafter and except as to sacb liens and/or encnwbrances as Second Parties say iwpose, or way have iw- posed or permitted to be reposed on said title. b. Ia cane of the failnre of the Second Parties. their survivor, heirs and assigns, to ~eake either of the paywents or any part thereof or to perforsa any of the covenants on their part hereby wade and entered into, and sacb failnre os default shall continue for a period of wore than ~ ~o- days, this Contract shall, at the option of the First Party, its :aecessors and assigns. have the right to re-eater and take nossesaion of above property rrithont notice, without suit or legal proceedings and without being libable for any action is connection therewith= prodded, however, that the rights above provided to said First Party :hall be cnwn- lative and is addition to other rights ~tlcb it wry have in the pre- mises, and indalgence by said Rirst Party shall not be taken or considered as consent; and in the event of a breach of thde Contract the Second Parties, their sar~ivor, beris, legal representatives and assigns hereby agree to pay all colt: and expenses of collecting any an~onats due hereunder, or otherwise protecting the right: of