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• being oi the essence. It' default is made in the ;
payment af any inetallrnent when due, ~ and continuea
for 30 ciays, thea at the option of the parties oi the ~
firet part, and without any other notice, all the re- '
maining installments ehall be due and payable at ~
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5. Neither forbearance, nor acceptance by partiee of ~ r
!he firet part of any paet due installment, shall be . ~ '
' deemed an extension, nor shall the same be deemed ~ ~
~ ~ a waiver of any default.
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NO11V, if the parties of the second part ahall xnake the paymente
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~ and perform the covenants hereinbefore mentioned on their part to be ~
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performed, then the parties of the first part will forthwith tender a good
and sufficient deed with documentary stamp8 affi~ced thereto, in a proper .
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~ amount, to the said pa~ies of the second par~
IN THE EVENT of failure of the said partiea of the second part to
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make any of the payments, or any part thereoi, promptly on the dates F
specitied, or failure to perform any of the covenants onthe~r p~art hereby
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made and entered into, this contract shall, at the optioa of the parties of
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the first part, be forfeited and ternainated, and the parties of the second part
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shall forfeit all payments made by them under this contract; and s uch pay- ~
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ments shall be retained by the said parties of the first part in full satie- ~
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factfon and liquidation of all damagea by them sustaiaed; aad the said parties
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~ of the first part shall have the right to re-enter and take possession of the ~
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preinises aforesaid without being liable to any actioa therefor. The parties
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of the second part are given the expreae privilege of makfng two or more ~ f:
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payxnenta on any due date without penalty, but the making of such additional ~
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payznents shall not extend the time of the next due payment.
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IT IS MUTUALLY agreed by the parties hereto, that the time of each
. payment ehall be an esseatial part of this Contract and that all covenants
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~ r~~69
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