HomeMy WebLinkAbout0576 AND the parties of ihe second part hereby further covenant and
agree to pay all taxes, assessments or imposition that may be legally
levied or imposed upon said land subsequent to the year 1965. -
If any sum of money herein referred to be not promptly paid when
the same becomes due, or if each and every the agreements, stipulations,
conditions and covenants of this Agreement for Deed are not fully per-
formed, complied with and abided by, then the entire sum mentioned,
($3, 250. 00), or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the parties of the first part, become and be
due and payable, anything herein to the contrary notwithstanding. .
And in case of failure of the said parties of the second part to
make any of the payments or any part thereof, or to perform any of the
covenants on fieir part he~,eby made and entered into, this contract shall,
at the option of the parties of the first part, be forfeited and terminated,
and the parties of the second part shall forfeit all payments made by them
on this contract; and such payments shall be retained by the said parties
of the first part in full satisfaction and liquidation of all damages by them ~
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sustained, and the said parties of the first part shall have the right to re-
enter and take possession of the premises aforesaid without being liable
to any action therefor.
IT IS MUTUALLY AGREED, by and between the parties hereto,
that the time of each payment shall be an essential part of this contract,
and that all covenants and agreements herein contained shall extend to ,
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and be obligatory upon the heirs, executors, administrators and assigns
of the respective parties.
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IN WITNESS WHEREOF, the parties to these presents have here-
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