HomeMy WebLinkAbout2827 ! ' ' ' ~
~ V '
~
i
. ~
+ i
. • ~
1
. ,
5, ~a promp~].y pay each and every ~nstallment hereunder
~ as the same becomes due, time of payment~ be~.ng of the essence. ;
~
~ 6. To keep and ma~.ntain, throughout ~he 13:~e of this
Agreemen~~ a policy of fixe and extended coverRge in~urance upon ;
~ . ~
~ the above described proper~y in the min~mum amoun~ of $9~000.00.
~ ~ .
~ Such p~licy td name as loss payees the parties a~ the fix~t part
~ and memorandum certiticates of such inswrance to be fuxnishe3 th~
? }
: t . !
i, parties of the f~rst part ~ach and every year throughout the l~fe ~
; ~
i , .
3 of this Agreement. . ~
. . . `i
F '
~
~ NOW, if the parties of the second part shall make the
3
t ~
, payments and Ferfarm the covenants hexe~nbefoxe mentioned on the3ar
art to be exforiaed then the arties o~ ~he first art will r~
~ P P ~ F P
; ~ , .
F forthwith tender a good and sufticient deed w~.t}i documentary stamp
~
attixed thereto~ ~.n a proper amount~ to the said parties of the '
~ .
~i
Y°
~ . . ~ second part. .
~
. IN THB~EVENT OF FAILURE of the said parties of the
~
second part to make any of the payments~ or any part thereof~
~ ~
~ •
- promptly on the dates specified~ or fa~l to perfoacm any of the ;
;
~ ~ ~
covenants on their part hexeby made and entered into~ this Agreed ~
~ ~
.
~ ment shall~ at the'opt~on of the part~.es of the fa.xst part, be
~ . ~
forfeited and t~rm3.nated, and the parties of the second paxt shall ~
~
forfeit ~?11 payments made ~y them under this Agreement; and such
~ • ,
payments shall be retained by the said part~.e~ of the first part
~n full satisfaction and liquidation of all damages by the~n sus~ ~
~ ;
; ta~ned; and the Said parties of the f~rst part sha,ll have the righ
z . . ~
_
~ to re-en~er and take possession of the premi.ses aforesaid w~thout
~ . ~ , ,
` b~ing liable to ~?ny action there~or. The parties of the ~econd ~
~
~ - - ~
~ - -
pa.rt are c~iven the express privilege o:f making two or more paymen~
,
~ ~ ~ . _ :
~ _ on any instal].ment due da~ke wi.thout penalty~ but the makxng of suc ~
~ . ;
~ ad~titional paym.ents shall nat extend the time of the next due pay-
ment.
~ ~ - - i
> . .
~ ~
~ . _ ~ ~ ~0? ~~f ~ ~
~ ~ . . _
_ _ . - _ ~ _
4 . . . . . . . " . . , . _
+ 'i
r I ~ ~ - ' a 1 . . . - ~ . . ' . ~ - ~ ~ l~ t
_ ~ "~`e"~'.'~'_._.~~."'.e"_ _ - - _~i'. r ~"T~,T <.'i1 ~.t s f' i