HomeMy WebLinkAbout1076 +t i
I, '
'f ;
I
t? i
~ ~ ~
# ~
!
I, !
~i
~
i' i
I~
E 1
~j 5. To promptly gay esch and every installment hereunder ~
~
{i G
~ as the same becomes due ~ t3me of payments being of the essence. ,
~
~
6. To keep and maintain, throu~hout the life af this ~
A reenEent a alic of f3re and extended caverage i*~surance upon .
9 , P Y
l= ;
i~the above described property in the miniffium amount of $9,000.00. ;
~
iI ~
f+ Such policy to name as loss payees the pazties of the first part ~
~
;
i; ;
and memorandum certificates of such insurance to be furnished
j' i
the parti.es of the first part each and every yeaz throughout the ~
~
i~ i
life of this Agreement. '
;
NOW, if the party o~ the second part shall make the pay~
~
i ments and perform the covenants hereinb~fare mentioned on her part ;
~
to be performed, then the parties of the f irst part will ~orthwith :
tender a good and sufficient deed with documentary stamps affixed ~
thereto, in a proper amount, to the sr~id party of th~ second part. ±
~
i
IN THE EVENT OF FAILURE of the said party of the seconc3 '
~ part to mak,e any of the payments, or any part thereof, promptly
~ on the dates specified, or fai~ to perfarm any of the covenants on ~
; their part hexeby made and entered into, this Agreement shall, ~
~t the option of th~ partie~ of the first part, be forfeited and ~
~ .
term3nated, and terminated, and the party of the second part sha11 '
;:forfeit all payments made by her under this Agreement; and such
payments shall be retained by the said parties of the first part
,
' toward satisfaction and liquidation of all damages by them sustaine~d,
~
'i and the said parties of the first paxt sh~ll have the right to
i
re-enter and tak,e possession of the p~emise~ aforesaid without bei~g
<:liable to any ac~ion therefor. The party of the second part is
~
''given the express privilege of making two or more payments on any ~
installna~nt due date without pena.lty, but the making of such ~
,
• j; a~ditional payment~ sha11 not extend the time of the next due
i;
payment.
`E
I+ 0 R
-3-- 90QK ~~8 4 1 1 `
~
_ . . - ~ _ ~ _ _i...~