HomeMy WebLinkAbout2763 2. To suffer no waste or imp~irment of the real property
described herein. ~
3. To allow no liens to be placed on the above described
_ proper~y for materiala lurnished or l~bor performed thereon, end '
if such 21ens are so placed, the same may~be p~id hy the partiea
of the firUt part and each such payment, plus interest thereon
at eight per. cent (8~) per annum, shall he added to-the unpaid ~
ba2ance of this AgrPSment.
4. To pay a reasonable attorney's fee ~nd all Court
costs ahould the parties of the first part be forced to take
legal action to enforce the provisions hereot, or shouZd the
parties of the second part brQach this Agreement and refuae to
quit the premiaes, ~aking it necessary to bring ev3ctlon pro-
ceedings aqainst them, or should the parties of the first part
be required to foreclose this Agreement.
S. To promptly pay each and every installfi~ent hereunder
as the sa~e bQCOmes due, time of_ payments beinq of the essence.
NOh', if the.parties ot the second part shall m~ke the pay-
ments and perform the covenants hereinbefore nentione~ on their
part to be performed, then the partfes of the firs~ paYt will
forthwith tender a qaod and sufficient warranty deed of convey-
ar.ce to the parties of tr.e second part.
IN THF EV~'KT OF FA2LCRE of the said parties of the second
part to make any of the payments, er any part~thereof, promptly
on the dates specified, or fail *o perform any of the covenants
on thefr part hereby ma8e and entered into, this ~ontract shall,
at the option of the Farties of the first rart, be forfeited
and terminated, and the:parties ot the aecond p~rt shall forfeit
all pay~nent-s ~:ade by them under this contr3ct, ana such ~a~rn~ents
shall be retafned by the sa1A parties of the first oart in full
satfsfaction and liquidation of a12 damaaes by trer± sustained;
and the said ~erties of the first part shall have the right to
re-Pnter and take possession of the prer~~ses. afcresaiG wit"r,c+ui
being liable ta any actlon therefor.
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