HomeMy WebLinkAbout0913 shall, at the option of the parties of the first part, their heirs
or assigns, be terminated, and all amounts paid hereunder shall be
the property of the parties of the first part, their heirs or as-
signs, who shall have the right to re-enter and take possession
of the property, without notice, without suit or legal proceedings,
and without being liable for any action in connection therewith;
provided, however, that the rights above provided to the said par-
ties of the first part shall be cumulative and in addition to
other rights which they may have in the premises, and indulgency
by said parties of the first part shall not be taken or considered
as consent; and in the event of a breach of this Agreement, the
party of the second part, his survivors, heirs, legal representa-
tives and assigns, hereby agrees to pay all costs and expenses of
collecting any amounts due hereunder, or otherwise protecting the
rights of said parties of the first part, their heirs, legal repre-
sentatives, and assigns, including a reasonable attorney's fee
connected therewith and connected with any appeals thereto. And,
in the event the parties of the first part shall have an option
provided above and have not exercised the same, such failure to
exercise such option shall not be a waiver nor a bar to later exer-
cise such option.
7. It is mutually agreed by the parties hereto that the time
i
of payment shall be an essential part of this Agreement and that
all covenants and agreements herein shall extend to and be obliga-
t
tory upon the survivors, heirs and assigns, of the respective par-
ties hereto, and/or their executors and administrators.
IN WITNESS WHEREOF, the parties to these presents have hereunto
set their hands and seals the day and year first above written.
Sig d, sealed and delivered ~
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ona om~ne r .
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g~ 333 P~ 911
l IIICNAIID O. iMEED. JR. • ATTOIINET AT U1M • 700 VIIIGUIIA AVENUE, SINTE 102 • iO11T MEIICE. RORIOA X3160 - fJOR M62370 ~ i