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j' S. To proniptly pay each and every installmen~t hereunder ~ ~
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as the same becomes due, time of payments being of th~ ~ssence. ~
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'J` 6. To k~ep and maintain, throughout the life of this ;
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Agreement, a pol~cy of fire a rr3 exten~led coverage insurance upon ~
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, the above described property in the minimum amount of $11~000.00. ! ~
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~~Such policy to name as Ioss payees the parties of the firs~ ~ar~
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i~ and memorandum ce.r~ificates of such i.nsurance to b~ fuznished ~ ~
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(,the parties of the first part each and every year throughout the i~
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life of ~his Agreement. ~ :
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NOW, if the parties ot the second par_t shall make tne ;
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~j paymen-ts and perform ~he covenan~s hereinbefore mentioned on their ~ ~
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part -to b~ performed, then the parties of the first part will s 3
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forthwith tender a good and sufficient deed v~ith doGUmentary ~ ~
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{ stam~ affixed thezeto, ~n a proper amount, to the said parties ~ j
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t' of the second gaxt . ~ ;
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IN THE EVENT OF FAILURE of the said par~ies o~ the ~ ~
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~j second paxt to make any of the payme*~ts, or any part thereof, ~ ~
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promptly on the dates specified, or fail to perform any of the ~
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ment shall, at the op~ion of the par~ies of the first part, ~ ~
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: be forfeited and terminated, and the parti~s of the second p~rt ~ ~
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~ shall forfeit all payments made by them under~his Agreement. ~
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~ And such payments shall be retained by the said parties
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~ of the Ya~t to;~ard jati~faction ar.d liqu?datiorz ef all ~
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~ damages by them sus~ained, and ~he said parties of the first pazt { j
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~ sha11 have the right fo re--enter and take possession of the y ~
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premises aforesaid ~vithout being liable to any ac~ion therefor. ~ F
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The parties of the second part are given the express privilege
S of maki n two or more f
g payments on any %.ns~allment due da~e without ~ ~
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~ penalty, but the making of such additiona.l payments shall not ~
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