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4. Said dairy cattla ahall at all tfines until full payment therefor is awde be kept
by Purchassr at pasture at Route ,~`2, BoZ 455, 3tusrt, Florida
The Purchaser •hall not remava aaid cattla or sell~ nortgar~e; pledgs, hypothecate or otherWise
dispose of his intarest in, or part vith posseesion thereon, Withou t the prior written conaset
of Seller. Purchaser shail keep said dairy cattla in good health and condition and insured
againat loss by f ira, or other casualty for ths benef it of Seller at Purchaser~s sole cost
and expensa. Purchaser ahall pay all taxes asseesed on said dairy cattle. The risk of loss~
in~ury or dsatruction of aaid dairy cattle from any cause srhatsoaver at all tiaes snbsequent
to the execution of thie Agresment ia as~umed Dy Purchaser, and any such lost~ injnry or ~
deatruction shall not operaLa in any manrer to release Purchaaer fran his obligalion to awke
the payaisnts hereunder, nor shsll any renewals or extensions in time payment release the
Purchaser from any of the terms of thia Agreem~ent.
5. In the event Seller is required to inatitute legal proceedings for the rapossession
and/or aale of aaid dairy cattle~ Purchaser ahall pay all costs and expenaes of said proceed-
fnga. including attorneys' fees~ Which 3eller may incur in engorcing his rights under tbis
Agreement.
6. Purchaeer may at any time prepay to Seller ~rithout premium any or all of the instal~
ments payable under this Agreement.
7. If :
(a) Purchaaer defaults in the payment of any one or more inatallmenta payable under
thfa Agreement~ or of any Note evidencing the seme; or
(b) Purchsser shall fail to keep, observe and perform any of the terms and conditfone
of thia Agreement; or .
(c) Seller at any time shall deem the indebtedness ereated herein unsafe or any rfsk; a
~ (d) Purchaaer, in Seller's sole judgmen~and discretion, ahould mistreat aaid dairy
: cattle or fail to take proper care of the same; or
~ (e) A petition in bankruptcq should be filed or againat the Purchaser, or a receiver
appointed for the propertq of the Purchaser, or if the Purchaser should make any assignment
for the benefit of creditors or co~nit anq act of insolvency;
The entire balance then oWing on the purchase price shall~ at the option of the Seller be
forthWith due and paqable and Se21er shall have the right~ ~rithout notice or demand and aith
or Without legal process to enter into at?y premises Where seid dairq cattle may be ( Which
entry ahall not constitute a trea~ass) and take posseasion of the same and to retain said
dairq cattle and all progeny thereof, for'his oWn property i~ithout obligetion of resale and
Seller shall retain for his oWn nse and benef it as liquidated dameges, but not as a penalty~
, aai,d dairy eattle and all suma theretofore received on account of the purchase price. Not-
withstandfng the foregoing, Seller, maq at his option~ upon repossesaion of said cattle cause
the same to be resold, and in the event of such resale, the proceeda shall be applfed:
(I) To the payment of the expensea thereof;
(II) to the payment of the expenses of retaking, keeping and maintaining aaid dairy
cattle; and ,
(III) to the satisfaction of the balance dne pursuant hereunder; and i
(IV) to the payment to the Purchaser of any excesa remaining after the satiafaction
of items (I), (II) and (III).
If the proceeds of such sale shall be insufficfent to pay in full the amounts specified
in Items (I). (II) and (•III) Seller maq recover tttie deficiency from the Purchaaer and the
Purchaser agrees to pay the same.
As an alternative to the foregoing enforcement methods, Seller upon occurence of anq
ot foregoing defaults, at his aole option may elect to cauae said dairy cattle to be aold unde~
a poWer of sales pursuant to A~699.02 of the Florida Statutes Annotated.
8. This Agreement aets forth the entire underatanding betWeen tha partiea and no agree-
ment~ represantations or warrantiea have been made by Seller, or any egent or representative
of Seller except as herein specificallq set forth.
- - ` ~ ~ z- ~~~.74 ~~UU73