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1. To pay a11~ taxes, asseasments or impositiana thae may ba lega~ly
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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
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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 ~
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~ any o£ the payments or any part thereof, or to pezfarm any of ~he covenanes ~
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j ott her part hereby~made and enter~d into, this conCrac~ shall, at the option t
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t~ of the parky of the first part, be forfeited and terminated, and the party o~
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::i the second part sha11 then forfeit all payments that have be~n made an this
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~ contract; and such p~yments shall be retained by the safd party of the ~ ~
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' first part in full s~tisfaction~and Iiquidation o£ all damages by him susCained~
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~ 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. ~
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~ 3. 'To pay all and singular the costs, charges and expense~,
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including attoxney's ~ees, reasonably i~ncu~cred or paid, at any tim~ by the
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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
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j.' r assigr~s, because of the failure on th~ part of the sa3d second party, her ~
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~ eirs, legal representatives or assigns, to perforrn, Comply and abide by ea+ch ~ ~
' , nd every nf Che stipulations, agreements, conditions and covenants as herein •
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~ ~ 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 ~
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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~
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` 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 ~
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and completely as if~Che said aggregate sum of Seven 'Thousand Five Hundred ~
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Dollaxs ($7,500.00 ) was originally stipulated to be paid ~on such day, or ;
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the defersed baiance thereof, anyChing in this contract Co the contxary ~
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' otWithstanding. ~
~ ~ 5. To pay all and singular the principal and interest and other: !
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_ sums of mon~y payable by virtue of this agreement, including inaurance
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; ~ ~ premiums, taxes and assessments promptly on the days xespect~ully the same ~
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" • 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~ ~ ~
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