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Home My WebLink About2389 parties further Agree to k~sp the bufldings, noN or hereaft~r on said land fw~ly inaured in a sum not leas than ~,000.00, in a• compznq or companies acceptable to first parties, the policy or policies to be held by, and payAble to first parties, and i.n the evPnt any sum of moaeyr becomes pa~able by virtus of said insur- ance, the first parties shall have the right ~o receive and appl~ the s.~me to the indebtedness hereb~ secured, accounting tc second parties for anv surplus. Second parties also a~ree to pay all costs, chargo~ and~ expenses, laxyar's fees and title searches, reasonablp incurred or paid bp first parties because of the failure of second parties to promptly and fl~lly comply with all conditions znd covenants in t hia Agreement. 3n the event second parties fail to pa~, ~en due, any taxcs, assessments, insur~nce premiums or other sums of money gayable bq virtue of this ~gree- ment, first partiea mzy pap the same Mi.thout Naiving or af~ecting their option to foreclose this Agreement, znd all such papmenta shall bezr interest from date thereof at the hig~est lawfnl rate then zllowed by the L~ws of the 3tate of Florida. IY any snm of monap herein referred to be mt promptly ; . , _ paid within FIFTEEN (15~ dzys ne xt zfter the sAme becomes due, ~ ~ ( or if eack and everv the zgreementa stipulations, conditions znd ~ ~ covenznts of this Agreement zre not fullv performed, complied ~ 3 with ~nd abided by, t hen the entire unpzid balance of this agreement shall forthwith ~nd thereafter, zt the option of the first partias become due znd payzble and the~estate hereby s crezted in second parties shall ce~se, terminats and be null and ~ - , void. Furthermore, this agreement sh~ll, at the option of the pzrties of the first pzrt, be forfeited and terminated, ~ and the pzrties of the secor~d ps~rt shall forfeit zll paymeats ~ f ~ m~de b~ them on th3 s contract; and such pa3rments shall be re- ~ tained bv the said pzrtei s of the first part in ftill s~tisfzc- ~ tion.and liquidation of all dam~ges bv them sustained, and the < ~ said parties of the first part shall have the right to re-enter ~ thout bei ~ ~ and take possession of the premises zforea~id, wi ng _ ~ liable for s~nv action therefor. ~ 3 -2- _ BOUK 161 PAGE ~ 5~6 - ,M = ~ . t»y y ' ~'6 . 'x' ~ ~~Z~aT rya' i ~ u *3 '~T.'0 I y.~