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HomeMy WebLinkAbout0846 l?RTICLSS Ol~ ~tiRB~T Paqe 3. or othcr eum~ of mon•y payable by virtue of this agreemeat, ~FIRST PARTI$S may pay the aame without wafvinq ar affecting their option to foiecloue this agreem~nt. ' If any aum of money hereia referred to bs not psanptly paid within FIFT$8~T (15) DAYS next after the same become• due, or if each and every the aqreawent~, atipulations. conditions aad covenants of thia agrsement are not fully performed, complied with aad abided by, then the entiro unpaid balance of this aqreement ehall forthwith and there- after, at tha option of the FIRST PARTIBS bacome due and a able and the estate hereby created in SSCO~iD PARTIES ~ P Y shall ceaae, tenainate and be null and vofd. This aqree- ment-shall, at the option of FIRST PARTI$S be forfaited - and terminated aad the PAR'PI$S OF THB SSCO~iD PART ahall forfeit all payments made by the~a on this contract and ~ euch paymente shall be ratained by FIRST PARTISS in full ~ ~ oatiefaction an8 liqnidation of all demages by them sus- ~ c ~ain~d and FIRST YARTIBS aball have ths right to re-enter -f and take posaesefon of the premises aforeaaid Nithout being liable for any action therefor. t ~ It is mutually agreed by and botween the parties ~ hereto, that the time of each payment shall be an essential- i ; , part of this aqre~ment, aad that all covenanta and agree- ments herein contafned shall extead to and be obligatory ugon the heire, executors, administratore and assigne of the respective parties hereto. IM `iITDTSSB WBEREOF, the parties to these presents have ~ i ~ e ~18~.9 8~Q