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; . paxfiies of tha ~~Y8t paxt each and evexy year ~h~oughout the s
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' l~fe of th3.s A~reemen~. . ° ~
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~ Now~ the part~.es o~ the second p~?z~ shall make the ~
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? payments arad perfoxm the covenants hexeinbefoxe men~ion~d on ,
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` their axt to be pertormed, then t2~e pazties of the first part ~
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~ . wi~l :Eorthwith ten~er a good and sufficient deed with docu~ent~?ry ~
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f s~am~ps affixed thereto, in a proper amount, ~o the ~~.id pax~iQS ~
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of the second part. ~
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IN T~ EVEN'~ OF FAILURE OF the said par~ies of ~he ~
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s~cond pa Y P Ym ~
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~ prampt~y on the dates specified~ or fail to pexfornt any of ~he ~
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~ covenants on their part hexeby made and entered intot this Agree-• .t
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= ment shall, ~t the opt3.on of the paxties of the first parts be ~
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~ forfe3.ted and terminated, and the parties of the second part-- ~ ~
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~ shall forfe3t a].1 payments made by them under this Agreemen~; ~ ~
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and such paymen~s shal~. be retained by the said parties o~ the
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£ - ~ yF
S ~ first parfi in full satisfaction and liquidation of all damages
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~ ' by them su~tained; and the said parties of the first part shall.
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have ~he r~.ghfi ~o re--enter and take possession of the pxemises
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aforesaid without being liahle to any act~.on therefor. The par~ie
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{ of the second part are given the express privilege of maki.ng two
- t~ or more payments on any ~nstallment due.date w3thout penaltyi but
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the ffiaking of such add3tional payments shal]. not extend the tim~
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; - of the next due. payment. - _
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IT xS MUTUALLY AGREED by and between the parties h~reto~ ~
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; j~ that the time of each payment shall be an essential part of this _ :
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contract and that all covena.nts and agreements herein cantained
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~ shall extend to~ and be obl~gatory upon the heira, executors~ `
administrators t~nd assigns of the respective parties. .
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~ IN W~TNESS WHERE4F~ the parties to these present$ haVe=~
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~ $ hereunto set their hands and seals the day and year firet s~boye
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~ written in duplicate.
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