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i ~ Now ~,f the part3es of the second pax~ sha11 make the
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~ payments and peac~orm the r.ovenants here~nbefaxe ment~aned on ' ~
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t their paxt to be performed, then ~he parfiies of the fixst part
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~ . will foxfihwi~h ~ender a good and suf~~cient deecl with document~'y ~
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~ , stamps affixed thexeto' in a proper nmount, to the said pArt~.es ~
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of the second paxt. r
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~ ~ IN THS EVEN'~ OF FAxLURE oP the sa3d parties of the , ;
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~ second part to make any ~of the payments3 or any part th~rc~of~ ~
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p p y on the dates specified, or fail to perfor~ any of fihe ~
rom t7.
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~ , covenants on their part hexeby made and ~ntered ~nto, this Agreea ~f
• ment shall~ at ~ the option af the parties of fihe f3.rst part ~ be
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forfei~~d and terminated, and the parties e~f tl~e second part
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. shall forfeit all payments made by theffi undez this Agreement; ~
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and such payments shall be retained by fihe said parties o£ the ~ ~
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- first part 3n fu11 satisfaction and liquidation of all ria~a;ges ~
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by them sustained; and ~he ~a3d parties of the firat ~ar~ shall ~
. h~ve the right re--enter a~nd take possession of the prem3,ses . ~
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~ aforesaid without being 13able to any ~?ction therefor. The partie~ ~
, of the second part are.given the express priv~lege of making two . ~
or mor~ paymen~~ on any installment due date without pen~?lty~ but
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~ $he making of such add~tional payments sh~?11 nofi extend the t~.me
, • of the next du~e payment. . , '
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' It is mutually agreed by and between the parties hereto
that the ~ime of each payment sha11 be an essential gart of thi~
. contract and tha~t a11 covenants and agreements hegein conta3ned
4~;. shall exfiend to, and be obligatory upon the heirs, executors' ~
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~,dministrators and assigns of the re~peative paYties. ~
~ IN WZTNESS W~RPAF, the parties to these present8 have
. hexeunto set their hands and seals the day ~?nd year first above .
' wr~.tten in dup].icate.
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x - . Witnessed Byt .
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~ s~~ .r ( 58AL )
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Parties o~ the F3rst P~r* '
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