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~ an amount of not le~s ~hsa ~he .ba 2e~as due Vendors under thss
agreement or the maulmum insurable velue o! ths property,
whichever is laes. ~
Required documentary stamps shell be pleaed on the deed by
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Vendora. In the event that e puraheae money mortgegs is taken
by Vendors as a part of tha purchase priae, the intangib3e ta~c on
~ it ahall be paid by the Vendors, and the requi~ced documentary
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stampa on the note secured by it shall be peid by the Purahaeera.
The time of payment she?11 be of the esaenae and in the
event of any default in paymeat of any pert of the purahase
money as and whea it beccmes due or in the performance of eny
assumed
other obligetions/by the Purahsaers in this Agreement, and in
the event thst the default st~ll Qontinue for a period of
~ fiYteen (l~) days, then the Vendors may consider the whole of
the balence due under thi$ Agreement as immedietely due and pay-
' able and collectible, or the Venclors may reacind thia Agreembnt,
` retain3ng the cash conaideretion paid Por it es liquidated l
damagee, and this Agreement then shall become null and void. In
the event that it is neceasary for the Vendors to enforae this
~ Agreement by forecloaure.proceedinge or_otherwise, e 11 costs of
, i
- ~ those proceedings, including a reasonable attorney's fee, shall
be paid bp the Purchasers.
The obligationa and benefits under thia contract shall
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i~ eatend to the peraonal repreaentativea, heirs and as~ign8 of the
~ respe ctive pertie~ to it. ;
IN WITN$SS WH$REQF, the parties have set their handa and ;
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seals the day and year first above written.
~ 8lgned, seafe3-
end deliverec~ (SSAL
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in the presence of: ~ ~~I+
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