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5. 2o proa~?t].y pa~Y eacih and ~every install~nt lzer~u.nde ~
_ as the sa~ae b~cc~• du~, ti~~ af p~?yrnts b~rinq o! th~e •ssenca.
b« 1'o karep and main#ais,~, t~cou.yhont 4h~r lif~ of ~th3s
i Ag~reesent~ a policq of fiz~ and o~nd~d eovara~ insurancw upon •
the ataov~ dQSCxibed propexty in th~ siniius s?sount of $7,500.00.
Such pol~.cq to naae as loas payeQS the parties of th• ffrst past
and aesc»ar?d~a certificates af ~euch in~nxxanc~r to be ~urni~hed ~
the paYti~s ot thQ first pa~rt tach w.nd evexy pea?r throughont the
life of this AgYeenent.
NU4V, ~f t2ys part~.es af tht sQCOnd part shall se~ke the
pay~ents and perfor= the covenan~r h~rsin'before a~ntioned on
their p~euct to be perfox~ed, then thQ psacties of the f3rat pa.rt
will foxthwith tendex a good a?z~.d at~tficient deed with documen--
tary stamps affixsd thereto, in a proper amount, to the sAid
gaxties of the second part. !
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I N THS L~tIENT OF FAILURB af t he sai d par t i e s of t he ~
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second part to make any of the payments, or a?n.y part thereof, ~
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proroapt ly on the date~~ specifie~, ox fail to perform any of the ~
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covenants on thei.r part hereby ~~a?de ~nd entered into, this ~
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Agree~2nt shall, at the option of the parties of the fixs~ part,
be fdrfeited ~nd terainated, and the parties of the s+~cond part
shall farfeit all gayaents ~ade by th~m under thia Agree~aent; ;
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and such pa?ymeat~ ~ha~ll 'be retai~ed by the said paxties o~ the
first part tow~rd satisfaction and liquidation of aIl damages
by the: ~u:#aixyed, and th~ said paxtiQS of the fir:t part s~all ;
~ have the, xigh~ ta re-enter 8?x~d tuke posse~s~ian of the preaises '
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s~foresafd wi.tho~t bei.ng liable to s?ny ~ction t~hQZefor. 2'he
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~ paurties of the seco~i paxt ~re givan the exp='es~ pzivilege of ~
aa?king two or s~o~cs paq~arnts on any ins~~33~»t due date x3th~ut
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~ penrl~ltyy b~ett th~ a~king af snch addition~.l pay~nts shall not
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