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~ the fi~st rtiee ag their interest
pa , me~y appear~ esid palioy to bb depaea , :
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' ited ~th the firat parti~s~ and premiume to be paid by ~he aooond partiee. '
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However, ahould the eeoond partie~ fail to keep euoh insuxanee in toroe, or a
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~ ' fail ta pa`y the premium thereon ~?romptly, firet parti,ea ah~ll have the opti.an, 4
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~ ' but shall not be required, to p~y eaid'premium, and a~y amounts ~o paid ehal~, ~ti
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~ ~ be added to thie Contraot end ehsll bear i.bterest at eix peroent (6g6} pe~ 4~
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annwa from date of suoh payment or payn,ente. .
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~ 5. In oaee af the failua~e of the aecond p~r~iee, their eurv3vor~ heire ~
' and aeaigaei t~ make either of the pqyments or ~
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~ • form eu~y of the oovenan~e on their pa~rt hereby made and enterea into, and euch • ~
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~ ~ailure or default eball oontinue ~or a period of more than thirt -one 1 ~
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~ daye~ this Contr~at~ aha11~ at the option af the firet parties, their heire~ . ~
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and asaigns, be terma.nated, and all amounts psid hereunder ahall be the prop~r- ~
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i ~ ty of euch firet partiee~ their heire and aeeiga~, who eP~ell h~e~ $he right to ~
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4` re-enter and t~ke poseeeeion of above property, withau~ notioe, w~thout eui.$ or - ~
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legal prooeedfngs and ~rithout being liable for an,y action iu aonneation there- ~ }
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} with; pravided, hovrever, that the rights~ abave providad to said firat parties ~
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shall be oumulative and ir~ addition to other righte whioh they may have fn tha
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premisee, and indu.~g+enoe by aaid firet parties ehall not be taken or aaneidered t='. ~
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. as conaent; and in the event of a breaah af thie Cont~act the ~econd partiea~ t;
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3~` their eurvivare, heire~~l,egal repreaentative$ and aesigns~ hereby agres to pqy
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, all costs and axpenaea of oollecting ea~r amounts due hereurider, or otherwiee
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proteating the righta of aaid firet partiea, their heire, legal ropresentati~ea~- {
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and aesigns, inaluding reasoziable atto~cnsy~ $.fee.. And~ in the event firs~ _ ~
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paxties ehall have an option prov3ded above and haa not ezercised the same,
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• ~~uah failura to ezeraiae euah option shall not be a waiver nor ~ bar to later
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ezeraiae of euch option. ~ . : t
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~ f ' It ia mutually agresd by the partiee hereto that ~Lhe time ot pa~rment -
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ehall be an esaential
4; , part of this Contraat, an~. that sIl cavensnts and agrea•
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{ menta herein ehall extend to etnd be obligatory upon the e~rivors, heire, and
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i.., ~ ~aeigae oF the reepeatiee partiee hereto' and,/or t,heir exeoutors and ~diainie-~
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