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The ~arties of the second part further agree that allowance
of any lien, judgment or other claim against tlie premises shall
constitute a breach of this agreement, and same shall be immediately
resolved so that there is no claim ayaii~st the nroperty resulting
from the action of the parties of t~e second oart. The parties
of the second part furthe~ agree that in the event it is necessary
to take action to enforce any of the provisions of this agreement
whether by suit or otherwise, that the parties of the second part
shall, in addition,to all other obligations required hereunder, be
responsible for, and do agree 'to pay a reasonable attorney's fee
for the ser~ices of the attorney of the parties of the first part
1T1 e~fc~r~i na t}11 c ?AYPPIMII~ ~-' rr+I 1 Q^!" ~;~ j ;;:^.~'u'^ ~~ G~v~ ~licT'~ciiiiucF ~
whether bu suit or otherwise. The parties of the second part do
further agree that in the event a foreclosure of this agree;,~ent is
required, that the_y shall be responsible for all costs ~r.t~~l~~ed
therein, including a reasonable attorney's fee.
~-e varties of the second part do further agree that this
agreement is not assignable without the consent of the parties
of the first part. The agreement is being entered into because
of the personal evaluation ef the parties cf the second part by
the parties of the first part, and in the event there is any action
taken to tra~~sfer any ~nterest in the property by the parties of the
second part, all payr~ents required hereunder shall be due and payable.
The parties of the second part shall furnish proof of insurance
"coverage showing the parties of the first part as named insured,
with a orovision in the policy that the pnl i c-y w~ 1~ .^.~± be ^~.^.c~~lc~
without notice to them. Proof of payment of the real estate taxes
shall also be given tk~em, and taxes shall be paid before they become
delinqLent. If eligible, the parties of the second part shall
furnish proof of the application for and granting of the homestead
exemotion. The parties of the first part may require the taxes and
insurance to be paid to them in monthly installments to he computed
by dividing the estimated taxes for the year and the insurance premium
by 12 with 1/12 being paid to the parties of the first part each
month. The insurance policy shall carry any mortgage holder as a
named insured and meet the requirements of any mortgage holder.
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