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Required doaument~?ry ~tamca ahall be pi~ced on the Qeed by
VTsNDORB. In the evsn~ tt~t ~ purchaa• money mortgag~ ie tAkan by
the VENDORS ~a a pa rft of ths purohoa• price, the int~ngibl• tAa
on !t ah~ 11 be pa id by the 1T~ZiDORS, end the requ ired doaumenba ry
at~mpe on th~ note aacured by it ah~ll be paid by ~hs PURC.HA3BRS.
The tims of payment ah,a11 be of t2~s eaaenas ~nd in ths
svent o~ eay def~ult in payment of any part o~f th~ purchaa• money
ea and trhen it becomea due or in the perfo~ncs of any other
obligationa s~a~umed by ths puraheaera 3n~tb~r~Agreement, and ia
the event th~t th~ d~fault ah~ll continu• t'or a p~riod of
fifteen
(15) d~ya, then the VENDORS m~y consider the Rhol• of the balQnae
due under thia Agreement oa immed~ly 8ue and payeble ana
collectible or the YSNDOR ma~~ eacin8 thia agreement, rstaining
~
tho caah conai~eration paid for i~ aa liquidateri damagea, an8 •
thia Agreement then ahall become null and void. In the event~tlu~t ,
it is neceaaory for the VEIv'DOR to enf'ores thia Agreement by
Porecloaure proaeedinga or otherWiae, all coata of thoae proceedin a~
' - tncluding a reaaon,abls attornsy~a fee, st~ll be paid by FiTRCHA38R3
The obligationa ena benefita under t~*ia contract ahall
eatend to the peraonal repreeentativ~a, heira and Ar~aigna aP the
reapective pertiea to it.
IN YYITN~SS WHB~OF, the partioa h~ave aet their handa an~
ae~la the day and ysAr firat above writtea.
3igned, s.oled and dalivered ~ B~AL)
in the preaence of= en or
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