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5. To promptly pay each and every installment hereunder ~
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as the same~Pecomes due, time of payments being of the essence. ~
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6. To keep and maintain, thraughout the life of this i
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Agreement, a policy of fire and extended coverage insurance u~on
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the abave described property in the minimum amount of $9,800.00. ~
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; Such policy to name as Ioss payees the parties of the first part
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and mxamorandum certificateG of such insurance to be furni shed I
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the parties of the first part each and ev~ry year throughout the ~
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life of~ this Agreement . (
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' Now, if the party of the second part shall make the ~
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`i ga;~nen.ts and perform the covenants hereinbefore mentioned on her ~
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part to be perforraed, then the parties of the first par~ will ~
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forthcvith tender a good and suf~icien~ deed with documentary ~
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stamps affixed thersto, in a proper amount, to the said party of ~
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the second part . ?
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IN THE EVENT OF FAILURE of the said party of the second i
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art to make an of the a ents or an art thereof rom tl ~
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on ~he dates specified, or fail ta perform any of the covenants .
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` on hE~ part hereby made and entered into, this Agreement shall, i
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at the option of the parties of the first part, be forfeited ~
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i! and terminat~d, and the party of the ~econd part shall forfeit ~
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~ 'j all payments made b~r her under this AgreEment; and such payments ,
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: shall be retai.ned by the said parties of the first part toward ~
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satisfaction arzd liquidation of all damages by them ~ustained, j
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j and the said parties of ~he first part shall have the right to
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re-en~ter and take possession of the premises aforesaid with~ut ~
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being liable to any action therefor. The p~.rty o:f the second
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E~ art is given the express privilege of making two or more pay~ent
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on any ~ nstallment due date without genalty, but the making of ~
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