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HomeMy WebLinkAbout0153{.. performed, then the parties of the first part will forthwith tender a good and sufficient deed with documentary steeps affixed thereto, in a proper amount, to the said parties of the second part. IN THB SVBNT OF FAIWRB of the said parties of the second part to make any of the payments, or any part thereof, promptly on the dates specified, or fail to perform any of the covenants on their part hereby made and entered into, this Contract shall, at the option of the pantie of the first part, be forfeited and terminated, and the parties of the second part shall forfeit all payments morale by them under this Contract ;l and such payments shall be retained by the said parties of the first part in full satisfaction and liquidation of all damages by them sustained; and the said parties of the first part shall have the right to re-enter and take possession of the premises aforesaid without being liable to any action therefore. The parties of the second part axe given the express.-privilege of making two or more payments on any installment due date without penalty, but the Waking of such additional payments shall not extend the time of the next due payment. It is mutually agreed by and between the parties hereto, that the tine of each payment shall be an essential part of this Contract and that all covenants and agreements herein contained shall extend to, and be obligatory upon the heirs, executors, administrators and assigns of the respective parties. IN WITNESS WHEREOF, the parties to these presents have hereunto set their hands and seals the day and year first above written in duplicate. Witnessed by: 1 \ ~ As t Parties f the First Par As to S~-ond Parties Parties of the First Part (S ) (SBA aunties o th Second Part ^ goox 179 ~ X53 ~~ -~~=