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HomeMy WebLinkAbout2641 ~ + ' ' ~ ' i i 1. To pay a11~ taxes, asseasments or impositiana thae may ba lega~ly , levied or impoaed upon said land subaec~uesr to the year 1964, and to keep the building upon said premises in$ured fn some CAMpdC1~l satisfactozy ta the pa~ty of Che first pa~et, as his interest may appear in a sum ot noC ~~ss than ~ ~ Six thousnnd dollars ($6,000.00 during the tezm of ehis agreement. 4 f 2. Tn case of fatlure of the said~party of the second part to make ~ ~ . ~ ~ any o£ the payments or any part thereof, or to pezfarm any of ~he covenanes ~ ; , . ; ~ ti . ; j ott her part hereby~made and enter~d into, this conCrac~ shall, at the option t t ~ t~ of the parky of the first part, be forfeited and terminated, and the party o~ ~ . ~ ::i the second part sha11 then forfeit all payments that have be~n made an this . - ; ~ contract; and such p~yments shall be retained by the safd party of the ~ ~ ~ ~ ' first part in full s~tisfaction~and Iiquidation o£ all damages by him susCained~ ; . . ~ and the said party of the £ixst parr shail have the right to re-ent~r and take ; possessian o~ the premises afaresaid Wlthout being liablc~ to any action there£or. ~ . ~ ~ 3. 'To pay all and singular the costs, charges and expense~, ; ~ _ including attoxney's ~ees, reasonably i~ncu~cred or paid, at any tim~ by the ~ . aid first party, his heirs, legal representat3ves or assigns, because of the ~ s ailure on the part of the said second party, her heirs, legal representatives ~ . . ~ ''s j.' r assigr~s, because of the failure on th~ part of the sa3d second party, her ~ < ~ eirs, legal representatives or assigns, to perforrn, Comply and abide by ea+ch ~ ~ ' , nd every nf Che stipulations, agreements, conditions and covenants as herein • ~ , et out. - ; . _ , ~ ~ 4. If any of Che said sums of money hegein referred to be'not _ promptly and fully paid within thirty days ( 30 ) next after the same ~ ~ ~ severally become due and payabls, or if each and everynof the stipulations, f agreements, conditions-and covenants o~ this~agreement are not fully perfarn:ed~ ~ . ~ ` complied with and abided by, the said aggregate sum hereinbefore mentioned sha l l~become due and ~ayable foxthwi th or thereaf ter at the option of the . - parCy oF the first.part, his heirs, legal respesentatives or assigns, as~.full ~ ~ y ~ : and completely as if~Che said aggregate sum of Seven 'Thousand Five Hundred ~ ~ ; . Dollaxs ($7,500.00 ) was originally stipulated to be paid ~on such day, or ; t ~ ~ the defersed baiance thereof, anyChing in this contract Co the contxary ~ _ . j ' otWithstanding. ~ ~ ~ 5. To pay all and singular the principal and interest and other: ! . . ! _ sums of mon~y payable by virtue of this agreement, including inaurance : - ; ~ ~ premiums, taxes and assessments promptly on the days xespect~ully the same ~ , - ~ - " • shall become due, and fn the event oE default thereaf Che first party, hia~ ~ heirs, legal representaCives and a~signs, may place and pay for insurance, . taxes or assessments, or any part thereof, without waiving or effectin~ ~ ~ , p ~i - _ _ ~ ' 8~1~K i~A{_C~~O .