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Th~ Pyrchas~rs at~ll b~ g~rmitt~d to go into poea~saior~
oP th~ prop~rty aov~r~~ by thl~ Agr~~m~nt on th~ dat• of ita
~a~nution, ond st~ll assum~ all liability for ineurana~, tax~a
and nwint~n4na• from pnd aYt~r thrat dQt~. Th~ Puratu~asrs ~gr~•
to ma int~ ~n th~ ~t~rior and int~rior oY' all buildings 3n gooci -
coudition and to m~intain fire and •at~nd~d cov~rag• inaur~na•
on th• buildin~gs in an amount of not lesa ~than tY~- balana~ du•
V~ndora und~r this Agr~om~nt or th~ maaimum insurabl~ valu• of
th~ proporty, which~v~r is l~ss.
R~quir~d docum~ntary st~mpa s2~11 b~ p].~a~s~ on th~ d~~d by
Vsndore. In ths ~v~nt ~l~t 4 purahs~$• mon~y mortgag~ ia t~k~n byt
- th~ V~ndors as a p~?rt of th~ purahas• pria~, th~ int~ngib~• taa
on it aha 11 b~ pa id by th~ V~ndors, and th~ r~quir~d docum~ntary
stampa on th~ nQt• s~cur~rl by it shall b• paicl by Purah~?e~re. -
Th~ tim• oP p~?ym~nt sY~ll b• of th~ •ss~nc• and in th~
•v~nt of ~ny d~fault in p~ym~nt of ~ny part oY th~ purch~s• mon~y
as s?nd wh~n it b~aom~s du• or 3n th~ p~rPormsnc~ of ~ny oth~r
obligs?tions a8aum~d by tha Purchas~rs in th~ Agr~~m~nt, ~+nd in
ths av~nt that th~ dsfault sh~?11 continu• for a p~r3od of
fift~~n (15) days, th~n th~ V~ndars may? consid~r th~ whol• of -
th~ bs~lancs dua und~r th+s Agr~~m~nt as imm~diat~ly dua s~nd pay-
abls ~nd coll~ctibl~, or tha V~ndors may r~scind this Agr~~m~nt,
r~taining th~ c~ sh consid~ration paid for it as liquidat~d
ds~mag~s, a nd this Agr~~m~nt th~n ah~ll b~com~ null and void. In
th~ •v~nt th,at it is n~ctass~ry for th~ V~ndors to ~nforc• thia
Agr~sm~nt by--f-or~clnsur• proc~~dinga or oth~rwie~, all costs of
thos• proc~~dings, iacluding a r~nsonabl• attorn~y's f~~, ghs?11
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b~ paia by Purah~?s~rs. ;
Th~ obligations ~nd b~n~fits und~r this contrs~ct 9ha11 ~at~nd
to ttu p~raon~l r~pr~s~nt~tivaa, h~irs ~nd aesigns of th~
rssp~ctiv~ parti~8 to it. ~
IN ~iITNE3S WI~RE~OF, th• parti~s hav• s~t th~i.r hsinds ~nd
s~s~la th~ day ~nd y~Ar first ~?bov~ writt~n. _
3iga~d, s~al~d and d~liv~r~d ~L~
in th~ pr~s~nc• oft V~n o
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