HomeMy WebLinkAbout1733 •
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be ~~galiy ~.evied ar impossd u~on ~aid land subaeqt~enfi 'fio ~he year !
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f_~ . 1.4b3~ and to kaep tbe build~ngs upon sa~d prem~s~a , insuxed in ao~~
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°:ttr : ~ •company eati~factory to #he party o~ the ~irst parfi, ~nd p~yabla j ,,~~,l,~~:; ~tir'~
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~~for the parties~ respectiveiy as their interesta may appear, in a~ su~x
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~ not I.ess th~n Bighte~n Thausand C$18~000.00) Doilars and to keep }
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~ the buildings on the premises in good and subatantial condition dux~.n~
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the term of this agreement. And in case of ~£ailure of the said part3.ea
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~ ~ of the second part fio make any of fihe payments or any part fihe~eof9 ~i
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or to_ perfo na any of the covenan~s on their part;.~hereby m~d~ and f;
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~~A entered into, thi~ contract shall, at the. option of the parfiy of -
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~ i`;~ the f~rst part~ be forfeited and terminated, . and .the partiea of the
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se~ond par~ shall forfeit a11 pRy~nents made by them on this cdntract; •
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and such payments ~shall be retained by the said party of the firat ~
~ part in full ~atisfacti.on and l~iquidation of ail damages by it sus-
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t: tained, and the aa3d party oF the f irat part ~ sha~.l have ~ the . ri,~ht to
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t_ re-enter and tak~ passession of the premises afore~~id wi thout be~ug
~ 1iable to any action therefor. If detauifi i~ made in the payment
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~ of any instalment when due= then at ~he option of the haider~ and
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~ - ~=~without any other notice, a11 th~ remaining iqst~lments ~shali be r~
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` . due and payable afi once. . ~ '
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~ IT IS l~ttJZVALLY AGRBHD b and betweea ~he artiea her~~o
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' - that the timF of each payment shaZ2 be an essenfiial ~part of thia t~~''~ f'_{~
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cantract, and that ail covenan~s and~agreements herein ~outained
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~ ~ ~ sh al l extend to and b~ obligatory upon the heirs, execufiors ~ adm3,n.. s
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~ istratoxy and aas~.gns of the respective parties; anrd ~o pay a11
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s costs of collectionf inciuding a rea$onabie att~rney~'.fee in the r_.-
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~ ~ : event of an defau it her eunder . - ~ : ~
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~N WITNBSS WHBR~P, The parties fio theae presente',~! ve ~~~y-''~.1~
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~~;{z s` hereunto ~et their hands and se~is fihe day ancl year firet= . 'S ~
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- Signed, Sealed and Del3vered PAL~IHR AND CRJCS e~~> ~
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~ ~ ATTBST
. to arty o rs~t arfi ecretary -
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