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Said part~cS Qf the-second p~rt h~reby covenant and a~r.ee to pay
all taxes, asses~ments or impositions that may Ue legally levied
or imposed on said land subsequent to the year 19'?S~. Second
~ part~eS ft~rther agree to keep buildinR, now• ar hei•~aft~~r on '
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said i.and fully insured in a sum not less tharY~~~~~,~.G~•, in a ~
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co;n~sa.~;; ox~ companies acceptable t~ first. party , the policy or_
~ p~iici.ea to be held by, and payabis to first part}r, and in the _
- evNrit any sum of money becames payable by virtue ~f said insurance, _
thn first party~ shall have the right to receive and apply the same
. fia the indebtedness hereby secured, a~counting to $econd part
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. far any surplus. S~cond part~~~'la2so a~r~e to pay all costs, ~
_ charge~ and expenses, lawyer"s fees and title searches, reasonably ~
~ incurred or paid by first-party.because of tne failure_of second
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partfP~ ta prc~mptly and fully.comply with a11 conditions and co-
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~ venants in this Agreement. In the ~vent second p~rt{e S_fail to
pay, when due, any.taxes, assessments, insurance- premiums or other .
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~ sums of money p3yable by virtu~ of~this Agreement, first garty may ~
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~ pay t'~e same without waiving or affecting their option to fore-
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~ close this agreement, and all-such payments sha?.I bear inter~~t
z from date thereof at-the highest rate~then allowed by~the Laws of
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= ~ the Stat~ af- Flvrida:-- ~ - ~
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z- If any sun of money herein referred to be not promptly paid .
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~ within ~~}~~"y (~Q ) d~y~s next after the same becomes due,
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~ or i.f ~each and ev~ry the_ agreements, stipulations, conditions 3nd .
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~ - cover~ants af this Agr~emeni: are not fully perforrned, ccmplied wifih
-and abided by, then the entire unpaid balance of this A~reement
~ sha12_forthwith and thereafter, at the option of th~ first party, ~
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become due and payable and the estate hereby created if: second _
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~art G S' shal l cease , termi r.ate and ~e nul l and void . Fii`rtherm~re ,
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~ this Agreement shall;.at the option of the party of the first part,
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~ be forfeited and tern~inated, and the part j~~' of the second part
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~ ~ eh~ll forfeit all payments made by them on this contract; and such
- payrnents ~hall be re~tained by the said party of the _first part ~ in ~
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~ Yull satifaction and liquidation of all damages by him sustained,-=
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