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<br /> premises , and at a later date ma�es default ur�der this contract , then 'such
<br /> improvements , fixtures and appliances sha71 be considered as permanent fixtures
<br /> � and a �art of the praperty covered by this cont�act and sf�all not be removed
<br /> by the Buyer . . �
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<br /> 8 . Sel 'ter agrees to forthwith furnish the i3uyer an abstract of title to
<br /> said reat estate , extended to date sho�ring good and naarketab7e title to said
<br /> � real estate , provided that the Se1Ter sha11 have a reasonabie time to correct any
<br /> defects in the title .
<br /> 9 . Sei7er agrees ta canvey the above descrit�ed reai estate t6 Suyer , or
<br /> '' his nominee , free and c7ear of all liens , encumbrances or sFeciat taxes o�r
<br /> assessments , excep � : Any street , sidewalk , sewer , water or storm sewer
<br /> assessments , or any assessments by any districts formed by the City of Grand
<br /> ' Isiand reiative to the above , and all future property taxes after beginning
<br /> of the year "i978 .
<br /> r" l � ? O . If the Buyer fails to pay any amount due under the terms of this
<br /> agreement when due , ( or within thirty days of the due date } or if Quyer fails
<br /> tp perform any of the other terms , covenants or concfitions of this contract ,
<br /> ; or if Buyer shall abandan the real estate , the who7e of the indebtedness due
<br /> � under this contract sha11 , together with any adva �ces mad� by the Seller for
<br /> real estate taxes or insurance pre�niums , which , if made shall accrue interest
<br /> � at the rate of _�� per cent per annum , shall become due and become immediately
<br /> � payable at the option of tf�e Seller without notice or demand , the same being
<br /> As
<br /> ; expressly waived , and Seller may proceed to foreclose this contract in the
<br /> f ` manner provided by law . Failure of Seller to exercise any option or remedy
<br /> hereby speci# ied at the time of any default shall not operate as a waiver of
<br /> f " the right to Seller to exercise such option or remedy for the payment of any
<br /> h
<br /> ,
<br /> subsequent default _
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<br /> 71 . It is understood and agreed that if the Seiler holds title to the
<br /> � property as joint tehants , they are contracting as joint tenants in their
<br /> 3
<br /> ; executi o�i of thi s agreernent _
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<br /> ~'; 12 . Miscelianeous . Buyer shall furnish seller with a $20 ,0OO . OQ fire and
<br /> extended coverage policy with loss payable in favor of A . G . Schroeder and
<br /> Margaret E . 5chroeder , ar+ d loan company having first mortgage .
<br /> " � 3 . �� � � C.Cb'�rants dtiu CQi::� lt1 � t15 5 ~3 � i c"'.X �cirt� 4G 311a� ti3Q Ou � 1 �dvOi'�r'
<br /> ; . }
<br /> u , q ' uporr the heirs , assigns and lega7 representatives of the part � es hereto .
<br /> ` 74 . Selisr has this da executed a warrant deed cover � re said ?
<br /> r , Y Y 9 premises .� . ,� , . . � ,
<br /> , , �'
<br /> � a ta the Buyer and said warranty deed , an executed copy of this contract , together � �
<br /> _
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