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HomeMy WebLinkAbout2016.. ,- n R. Bo~K 5~~ ~~cifi5? ~r. ~!-~~E c~-:h ~ Y. ~i a. It is farther a~.;read between t4Ze parties k-creto tklat the ;~:irt~:'s of t;~~s :second Tart will pay all taxes on the above des- c:r'bed propszj},~ ~:;.',;~e~~;nnt to necar~ber 31, 1962, and s}call keep t-~:~ build; n.- located on t}1© A}hOVe ~~escribed propdrty insured r,1 t}~:: amount of ~l0,000.~n. It is furt~~er a{;reed between the parties }:er~to that the parties o_' `he socond i,art shall ha v© i.xr~edifate pos~:ession of t'le - said premises. It is further agreed between ±he ps.rties }i reto that if t`:ie anti='s of the socond part fail to make -the payments as ne~~ei~i- above provided to be made on this contract or to perform an~r of the covenants to which they have a"r3ed, then this contract shall, at the option of the parties of the first part, be forfeiter avid terminated, an_c the parties of t'°:s second part shall forf©it t~~e payments made b~; them on this contract; and s}could it become necossar~r to 2'oreclose this Agreement, t~~on t',e parties o_' the secor~' part a~:;rea t.o pay all costs of foreclosure i~~cludinF- a raasonable attorney's fee. Tt is mutually agreed between the parties hereto t~:~t t~~e tuna of t!~:is contract is o` the essence, ar_~? -'-hat all covenants ''^e^ei~i contai?ns^ shall extend to and be ob1 i~;atory upon. t'r~e heirs, axQcutors, a~?mi.?~istrators and assigns of the respective parties. I'1 ;~1?~T;~SS ~d~iE~EOF, the parties :Hereto have hereunto set t;~: it i~an~~s and seals the ~ia~~ and year first above written. ' Sig?~ed, ;_ealed and delivered in e pre~.~nce of: ~ -i,i,~G~ />,,~ ~/ ~:~~. (SEAL ) \~ ,~ ~ ~'ti S ~.AL ) ~ art ss of_ thn first part. 1 ` -~ y1~' - -n . . ~ (S~tiL) ~~(S:AL) Fares tne. secor~ part. K ~~ ~:' ~ ..