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HomeMy WebLinkAbout0112 4. I~rohoaor ahall keep said prop~rt~jr PrQ~ of all ta~c~a. li~tss ond encuubra:u:Ni ehall nct abu~e or ua• aaa~ ill~all,y. iaprop~rl~r or Por bir~~ ~ha11 aaL re~ove aame Fro~ tbo atat~ vithaut Deroissivn in wri t.ir~ ot th~ holder of tbis aontrsa t~~ball ao t trsa~l~r aryr int~ra t in this ooaitraat or ssid prop~rq. 11ny sud of aonapr paid ~ th~ •~ller ia pa~yment or disoYwrgs or twcos. li~ns and ~sa~Droaaa on aaid propert~r ~hsll b~ asour~d bpr sad v~ndar this oontrnot. proo~is oi a~r iusur~aaa, ah~ther paid b~ r~ason of loss, in,,lus7• r~tura preiaiu~ or oth~rwi~r~, ~tull b~ a~pli~d tovas~d the r~plso~t of tb~ pro~rt~jr or pgya~nt ot this obli~tion, at the aptioa of s~lle~c. S~lt~r ~ iasus'~ said prop~rtJr a~inst Pir~ sad thett. or atq aooid~acttsl pt~prioal d;sasg~ to tb~ ps~D~rt~1 ta ~rotaat purcibu~r. soll~r or aoll~r'• aa~ipiN. . Puraha~~r a~~a Lo py? tba psywina upaa darad w~d the?t aa~ fai2urs to do so, p~y~nt ot said pr~iu~ shall b~ ~~aur~d by th~ ooatraot, 5. Ti.Qe is or t~h~ wseAO• of tbis oontrao~. In the wa?t purcbaaor fails to eslc~ aqT p~sant rritbin tbe tii'a aad in tha arnn~r hsr~in spsci- fied~ or d~fanlts with rap~ot to arpr oth~r provi~ioa of tbis ooatraot. or if a proo~~diag in boakruptoy, roosi~~rahip ar inaol~~na~ is institut~d ag~3.nat th~ pur~haa~c, or if said PL'cp~rt, ar at~y P~?rt thersof or intsr~st tber~ia i• ~oix~d uDon ~udfoial proaMa or ~a,y vrit, or it purohaa~r abusw ~id ProDas't~. or ~~lla dMas it~~lf ins~aur~, the unp~id Dslanc~ af ti~ pa~rohas~ prio~ sball iowdiat~ly b~oar dw aad p~y~bl~ at #h~ aytion of th~ ~~ll~c. RU~ wiv~c ot a~tnr d~tat~t of pur- abaaer bp? ssll~r sball not oonititnt~ a vai~er o! a~ ~ubsequ~nt dslsult~ If purahaaer d~fanlLs h~rew~or, or sell~c d~~ss itselt inr~aur~~ soll~r mq~r t~tc~ ioiudist~ pou~ewian of ~afd ~s~opor~ vitbflat d~nd, ioaludiu6 er~r equipmmt or aeoossoriea tti~roto or thssya~, aud tor tDis purposs sell~r ~qy ~ut~r upon th~ pr~sisa, vh~r~v~ac ~ai.d prop~rt~ sayr a~d j ree~ov~ aan! arid r~t4in all payn~ts mad~ prior tbsr~to lq tbs purot~aar ; h~f4una~r. 3~ll~r myr ssll ~ai.d pro~ct~y ~o retaic~a at publio or privat~ ~ sal~, vithaut daiaad for p~rfo~~~ aad vitbaut or vith notice if sold ~ at private s~l~. aad vithaut baving suob p~opor4j? at plaa~ ot aal~. nsd ~ upon auah tarsa and in auoh menner aa sell~r oqy d~tassin~. ar?d sell~c o~ay ~id at a~ publio or privat~ sal~. F"ras tha proo~ at ~q? auah sel• sellar ~r d~duot ell exp~wa for r~taking, rfpi~.rins~ aad a~lliag suah praperty, inoluding raasonablQ attorn~'s f~a psi.d or inourr~d bpr it. Th~ bsleaoo Lhereof shall bs ay~li~d to tbe s~o~r.t du~. Atpr surplw ahal2 be paid o~as to purohaser. Ia aa~• of s dtfivi~aqy, pur~bsaer ahall pay -the eane viLh intereat. S~ller osy t~c~ possM~icn of anJ ot~~r Pz'o~~Y ~ or ~ttaohed to the abav~ d~orib~d propert~? at tia~ ot r~possasion. ~rh~rsver auah othsr r?roper~jr ryr bo th~ia aad bold aame ta~poreri2y for purohas~r vi~hou+. liabilit~y oa the port of sellwr. 6. 3421er shall ba~e the ri~t to e~i'aro~ o~ or sore ra~dios bsreunder, suaasseivt]y or oanaurr~ntl,r. R~rahas~r h~r~~r wi~a t.h~ rigbt to rWav~ as~r l~l aatio~ fra~ ~b~ oourt oriaiw~l,y ao4~~6 3uri~diotloa aad wir~s all ha~stewl and ot.h~r grop~arqr ~c~tion lsw. ~ An`y provisioa of LDi• co~atraat probibitsd bpr la++ oP aqY state abell a, . ~ to aaid stat~ b~ ia~ftsatirs to tho tactaaat ot av~oh probibitiau ~?it?hout ~ iavslidatins th~ rwaiaing Droviaiotu of t6• oantraat. ~ ~ Bcaout~d in qu+~druyliaat~, one aopy of vbioh w~ deli~~r~d to aad ~ retaiaod by quroba~tr, this 11 day of ~sceob~r~ 1965, i - 2 - i ~ ~a~~ 1tt~ - ~ _ _ . wl _ . ~ ~