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~. R~ 49 ~~4~3
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premises aforesaid without being liable to any action therefor.
5. The parties of the first wart shall have the right to
sell tt~e fee title sub;ect to this Agreement for Deed and to
assign or pledge the same as collatEral sPcurity,~ and, in addi-
tion thereto, the parties of ~e first part shall have the righi;
to mortgage the premises and receives the entire proceeds thereof,
and the parties of the second part hereby covenant and agree to
join in the execution and delivery of any such mortgay~ placed
on the property by the parties of the first part.
Irr the event that a mortgage is placed on the said property
the parties of the second part shall have a right to receive a
deed to the property at the time their equity in the property
and the balance of principal under the said mortgage reach the
game figure and balance so that ~}1e parties of the first part
shall have received the full consideration due hereunder.
6. The parties of the second part shall have the right to
~~repay this agreement in whole or in part, and after five (5)
years the parties of the second part shall, in addition, have
the right to receive a ~•7arranty Deed and make, exec~~te and
deliver to the parties of the first part a first mortgage for
the unpaid balance, and upon the same te?-ms and interest as
hereinbefore set out.
IT ZS MLiTUALLY AGREED, by and bet~•~een the parties hereto,
that the time of payment shall be an essential part of this con-
tract, and that all co~~enants and agreements herein contained
shall extend to and be obligatory u?~on the successors, heirs,
executors, administrators and assigns of the respective parties.
I'd ttiTlTtdESS ~~.IIEREOF, the, parties to these presents have
hereunto set their hands and seals in duplicate the day and
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