HomeMy WebLinkAbout1612 The Purchasers shall be permitted to go into possession
of the property covered by this Agreement on the date of its
execution, and shall assume all liability for insurance. taxes
and maintenance from and after that date. Tt~e Purchasers agree
to maintain the exterior and interior of all buildings in good
condition and to maintain fire and extended coverage insurance
~
on the buildings in an amount of not less than the balance due
Seller under this Agreement or the maximum insurable value of the
property, whichever is less.
- The time of payment shall be of the essence and in the
event of any default in payment of any part of the purchase money
as and when it becomes due or in the performance of any other
obligations assumed by the Purchasers in this Agreement, and in
the event that the default shall continue for a period of fifteen
(15) days, then the Seller may consider the whole of the balance ~
due under this Agreement as immediately due and payable and '
collectible, or the-Seller may rescind this Agreement, retaining
the cash consideration paid for it~as liquidated damages, and this
Agreement then shall become null and void. In the event that it
is necessary for the Seller to enforce this Agreement by fore-
closure proceedings, or otherwi$e, all costs of those proceedings,
~ - including a reasonable attorney's fee, shall be paid by the
i
~ Purchasers.
{
~
~ The obligations and benefits under this contract shall
~ extend to the personal representatives, heirs and assigns of th~
respective parties to it.
IN WITNESS WNEREOF, the parties have set their hands and
seals the day and year first above written.
Signed, sealed and delivered
~ in the presenc of• -
~ ~f L .
~
~ ' . ~
~ s o er
~
~ v , ,y
` `i~~ ~ ~ ~ d
SMITH ANO 6RENNAN i
~
uwroes , ~
i,-~
i04 MULOt10N ~YILDINO ? ~ !
FOR7 PIEltCE, FLORIDA ~iG~"G~ / /i G'~~ ~
~.so -s asers
~
TR[TMON[
? (f0~) 4Si•l~i{ . .
~ go~~23~ P~Fi6~2
,
-
`v~,,,x3~
- ~r ~ ~
a'~~£~^~~~~`~
a.~.z 'xr"~ ~ .
z - .
, ~ ~.,,_u .w..,. , _ . k.._ _ .~s