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ths propsrty st all reasonablt times until Pinal performance
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by the Purchaser hae been completad. ~
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6. Purchas~r ehall bs obligated to pay end ehall pay t
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~ before delinquency all taxee and.aeseesments coming dus on and ~
a~ter tho date of closing. In addition thereto, during the ~
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life oP thie contract, Parchaesr ehall in~curs and keep insursd ;
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against fire or other eseualty all improvsmants now on the
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property and improvemente thst m~y hereafter be built thereon in ~
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an amount o~ not lssa than $28~000.00, and said policy of ineur- ;
" ance ehall have contained upon the face th•reof s mort~agss
clauae in favor of the Seller as their interest may appsar. All
~ premiuma on e~ch policy ehall bs paid by tho Purcheser.
7. If Purchaser fails or negleats to p~y a~q install-
ment of taxes or aay aesessment or inauranco premium when due, ;
' Seller shall have the right to make auch.payment and to add the
~ amo~t or amounte theraof, together ~rith intsrest at 8-3/4 percent~
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: per annum to the obliga.tion of Purchaser. Such right s~all bs
deemed to be an option Rnd sh~,ll impose no obligation on Seller
! and Seller mqy elect to treat such neglect or failura on the
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; : part of the Pus~ahsaer as a breach of this contract.
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~ 8. Seller hae obtained or ahall obtain prior to the
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~ c loeing hereof an Abstract of Title certified to at leaet the
_ date of thi s Agre emeat and ehall pay the co et thereof , said 7
Abstract ehovring good and merchantible title, subject only to
th• encumberance of the first mortgage ae hereinabove etated,
thie contract, taxes and assesamente not yet due and payable.
: Said Abstract shall be delivered to P~rchaser on ite issuance
~ and ahall be accepted by them se evidence of 3eller•s title
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~ , to the property ae hereinabove described.
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~ 9. Title in the aforesaid realty shall be and is ~
~ reserved to the Seller, their hairs, executora, administrators '
"°`°~e H. and assi~ry~ s until Yull erformance the Purchaser as required
ATTORNEY-AT-LAW d"' P ~
i'85 Mominpsid~ Bird.:
rt s~. Fb. ~.s2 hereunder. IIpon ft~ll pertormance by the Purchaser, the Seller
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