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ARTICLES OF AGREENlENT - Page 3.
If any sum of money referred to be not promptly paid
within FIFTSEN (15) DAYS next after the same becomes due,
or if each and every tY?e agreements, stipulations, conditions
and covenants of this agreement are not fully performed,
aomplied with and abided hy, then the entire unpaid balance
of this agreement sha11 forthwith and thereafter, at the
s
option of the FIRST PARTIES, become due and payabte and the
estate heYeby created in SECOND PARTIES shall cease, termi-
nate and be null and void. Furthermore, this agreement shall,
at the option of the PARTIES OF TSE FIRST PART, be forfeited
and terminated, and the PARTIES OF THE SECOND PART shall
forfeit all payments tnade by them on this contract; and
such payments shall be retained by the PARTIES OF THE FIRST
PART in full satisfaction and liquidation of atl damages by
them sustained, and the said PARTIES OF THE FIRST PART shall
h~ve the right to re-enter and take possession of the pre-
mises aforesaid without being liable for any action therefor.
IT IS MUTUALLY AGREED by and between the partzes here-
.
to that the time-of each payment shall be an essential part ~
of this agreement, and that all covenants and agreements •
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herein contained shall extend to and be obligatory upon the ~
heirs, executors, administrators and assigns of the respec- ~
tive parties. ~
IN WITNESS WHEREOF, the parties to these presents have
hereunto set their hands and seals, in duplicate, the day ~
and year first above written. ~
Signed, sealed and delivered ~ .
'in the prese~ of : _
- • 6-- . Z . ~ ` ~ ~ (SEAL)
E. E. UNDERHILL {
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(SEAI,) ~
As to First Parties ROSE ANN UNDERIiILL ` '
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~ "PARTIES OF THE FIRST PART" ~
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