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ARTICLES OF AGREEMIIIT - Page 2.
Second Parties hereby agree to pay all costs connected
with the recordinq of this agreement, which is to be
recorded by December 31, 1968, in order for Second Parties
to receive homestead exemption.
First parties agree to utilize so much of the $100 monthly
payments as is necessary to pay the ad valorem taxes on the afore-
mentioned real property as well as the insurance premiums due
thereon each year.
Second Parties agree to pay all costs, charges, and expenses,
including attorneys fees and title searches, reasonably incurred
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or paid by First Parties because of the failure of Second Parties
to promptly and fully comply with all conditions and covenants of
this agreement. In the event Second Parties fail to pay when due
any sums of money payable by virtue of this agreement, within 15
days next after the same becomes due, or if each and every the
agreement, stipulations, conditions and covenants of this agreement
are not fully performed, complied with and abided by, then the
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; entire unpaid balance of this agreement shall forthwith and there-
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~ after, at the option of First Parties, become due and payable and
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~ the estate hereby created in Second Parties shall cease, terminate
and be null and void. Furthermore, this agree~aent shall, at the
option of First Parties, be forfeited and ternninated and Second
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Parties shall for`feit all paymerrts made by them on this agreement ~
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s and such payments shall be retained by First Parties and First =
~ Parties shall have the right to re-enter and take possession of the
~ premises aforesaid without being liable for any action therefor.
This agreement shall bind and benefit the parties hereto, their ~
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heirs, executors, administrators and assigns. ~
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~ ~175 ~ y73
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