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' ' ; z~uc is o[ ~!~ti essence c~l: tt?is A~~reemen~. In
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the event li~~y~~i t., ~ 1 t~ make any payments reyuired by the terms
oE this conir~-~~•t ,~t the time the 5ame fails ~lue and prior to the
delinquency thcri-e~f, includi~y installment i~ayments to the
Scllers, and it such deEault continues for Sixty (60) days,
Sc:llers at tf~cir ~~ti~n ~nay:
Acccterate and brinc~ an action for ttle bala~ice of
~ the ~urchast ~rice rcrnainin~~ ~?.ue, t~or any other relief
availat~le i~? l~w or eyuity, i~iclu~i ii;.~ ~.~~it to rccover ~iny pa~~ment
or ~aymcnts macle Ly the Sellers and repayable to the euyers
ti~:reunder, it t~einy sti~ulatecl ancl ae~reed tl~st sueli ~bliyation to
re-~~ay is a separate and independent covenant ~~E the t3uyers. No
action to rec~ver any ~ayment or payments so tade by the Sellers
st~all constitute a waiver of the rights to Yroceed otherwise with ~
respect tu any subseyuent.default.
t~a waiver by the Sellers of any default of the
Buyers shali be construed as a waiver of any subsequent default.
10. The parties acknowledge that default shall be '
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Iconstrued as having occurred hereunder when the payment as re- . I,
quired by the Buyers shall have been delayed or not made within
Sixty (GO? days o£ the due date thereof.
11. It is ayreed that the Sellers shall continue
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~ to be resr.onsible for all Mortgaye payments due ~ILLIAMSBURG
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~ SAVItJGS I3At~t;, and to kecp curcent in all res~ects those
provisions a~ set f.urth in the Mortyaye and Note due the said
f
~ Mortgayee. ]n the ~:vent Sellers shall default in the performance •
~ of any of tt~eir obliyations thereunder, Buyers shall have the
~ right to cure such default and ta apply the full amount of any i
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~ monies so paid to the reduction of the indebtedness due the .
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Sellers under the terms of this Agreement. ~
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f 12. '1'he closing of the within transaetion shall ~
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be at the ~ffices of HAROLD H. GOLDMAN, ESQUIRE, $028 South i
Federal Ilighway, Port St. Gucie, Elorida 33452, on or about i
April 1, 1980, at 10:00 A.M.. At the time of the closir?g Sellers
shall be responsible for the doculn~ntary stamps necessary to be
`~01-°"~°~a"''~'" affixed to this A reemer~t, all real estate commissions tax
~ . ,,,.w.. ~r u?w g • ~
.;t s rc[xw~tMin. ~
, s~ t,~,~,.~~.,~.~ prorations to the clatc ~~t ~:1~>:.iny ,,n~i all leyal fees in
~~3~10~~ 9~95 : e~~ '
, ~+~n~ PeCE ~~,~7U
-Payv t~'our ~f :.~ix Pages- .
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