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Home My WebLink About2924 i ~ ~ ~ 5. To promptly pay each and every installment hereunder ! ; ~ as the same becomes due, time af payments being of the essence. ' ~E ~ ~ 6. To keep and maintain, throughout the life of this ~ Agreement, a policy of fire and extended coverage insurance upon ; - ! ~ the above described property in the minimwn amount of $6,800.00. ~ ~ Such policy to name as loss payees the partie s of the first part ~I 1 ;3 and memorandum certificates of such insurance to be furnished ~ ; ; the parties of the first part each and every year throughout the ~ j~ life of this Agreement. NOW, if the paxties of the second part shall make the payments and perform the covenants hereinbefore mentioned on their~ ~ !~part to be performed, then the parties of the first part will I, . forthwith tender a good and sufficient deed ~vith documentary ~ „ ~ ~ ;~stamps affixed thereto, in a proper amount, to the said parties ~ f j, of the second part. ~ IN TI~ EVENT OF FAILURE of the said parties of the ~I second part to make any of the payments, or any part thereof, ~ t }j ~ promptly on the dates specified, or fail to perform any of the ~ ~ 1~ covenants on their part hereby ~a?de and entered into, this Agree- ~ ~ . ; i ment shall, at the option of the parties of the first F~.£i j~Q forfeited and terminated, and the parties of the second part ~ - 1 j shall forfeit all payments made by them under this Agreement; ! ; i~ . t ~ and such payments shall be retained by the said parties of the ~ ~ ffirst part toward satisfaction and liquidation of all damages ' ' , ~ } : ~ by them sustained, and the said parties of the first part shall , ~s have the right to re-enter arid take possess?on af the premises i i ! ~ ; iaforesaid without being liable to any action therefor. The I i ! - ~ par~ies Qf the second part are ~~ven the express privilege of : ~ ~F ' ` ~ ~ I~making two or more Y: ~~.~ts on any installment due date without ~ penalty, but the making of such additional payments shall not ~ ~ f ~ ~ i ~ R . ~ ~ a~K ssz ~ 5z1 ~ ~ ~ . _ _ _ _ ~ ~ _ ~ r-~~ ; - i