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The purchasers further covenant and agree: to annually pay all taxes and assessments that may accrue or be levied on <br />such real property, and all other taxes and levies and assessments levied upon this contract or the interest of the vendors <br />therein, as they become due and before they become delinquent including 19 real property taxes; to keep the buildings <br />on such real property insured against loss by fire and extended coverage for the sum of $ ,loss, if an <br />able to the parties hereto as their interest may a pay y' pay- <br />able ppear; that if the purchasers shall fail to a such taxes or assessments or <br />Procure such insurance, the vendors may pay such taxes or assessments or procure such insurance and the sum or sums so <br />advanced, with interest at eight per cent (8 %) per annum shall be paid to vendors and this contract shall secure the pay- <br />ment of the same. <br />It is further agreed and covenanted by the purchasers with the vendors that: Time is the essence of this contract; if <br />purchasers shall neglect or fail to pay any of the said monthly installments, or any part thereof, or taxes, assessments, or <br />insurance premiums, when due, or fail to keep and perform any of the other terms and conditions of this agreement on pur- <br />chasers' part to be kept and performed, as herein provided, time being the essence of this contract, then and in such case, <br />the vendors, at the vendors' option may cancel this contract and without notice, and in the event of the exercise of this option <br />by vendors and payments made in accordance with this contract shall be forfeited by purchasers and retained by the ven- <br />dors as the reasonable compensation to the vendors for the failure of the contract and the use by purchasers of such real <br />property. <br />It is further agreed that in case purchasers default in payment of any installment payment of taxes or assessments or to <br />provide fire and tornado and extended coverage insurance or fail to perform any of the covenants of this contract, vendors <br />may at vendors' option declare the entire amount or amounts due and payable forthwith and recover same from purchas- <br />er(s) through and by any and all remedies which vendors may have at law or in equity. <br />It is further agreed that the rights and remedies of vendors under the contract shall be cumulative and no right or <br />remedy hereunder shall be exclusive of any other right or remedy as provided for in this contract, or otherwise provided by <br />law. <br />I, as the married woman, purchaser herein, do hereby state and represent <br />to the vendors and I understand that this agreement is entered into by me upon the faith and credit of my separate prop- <br />erty and estate with the intention to charge my separate property and estate and all future property and estate for the pay- <br />ment thereof. <br />IN TESTIMONY WHEREOF, the parties have hereunto subscribed their names this day of <br />Vendor(g) <br />Pdrehaser(s) <br />STATE OF N <br />COUNTY OF 1 r ss. <br />c <br />On this -� — day of Z' 16-1— A.D., 1_, before me the undersigned, <br />a notary public, duly commissioned and qualified for and residing in said county, personally <br />came ( fir' `LTU ,�J� /���/r/ to me known to be the identical person(s) whose name(s) af. <br />fixed to the foroing instrument as vendor(s) and acknowledge the same to be � voluntary act and deed. <br />Witness my hand and notarial seal the day and year last above written. <br />' .. <br />NO ARY PUBLI �•) 6 p ., ie <br />My commission expires- <br />662 <br />of <br />birch z_ <br />o' 20 <br />. - - - - -7 - - -- of <br />or feeds <br />Ey ----------------- - - ---- <br />3 70 Deputy <br />Fees $ -- - - -- -- _ <br />
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