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• 331 tr 76- 00065 ' a „ The First Party agrees thatshewill bring the abstract of titleto hOe date on or before the 1st of September , 1975: and will deliver the Abstract . of Title . to said Second Parties showing ' a marketable legal title to be vested in said First Party, free : and .clear from all liens and encumbrances whatsoever except as maybe Placed or suffered to be placed ;thereon ; by :. the -. Second Parties and they are accepting this property subject to any easements , restrictions , or boyenants of record . is Any easements , restrictions , or covenants of record shall not be con- 14 ) strued as a breach of the warranty or in violation of the contract or affect the marketability of title . 0 The Second Parties shall have their attorney examine the abstract of hlh' title immediately . The First . Party shall have a reasonable time thereafter to t correct any defectsafter which the abstract shall be recertified if any , Ir. / additional entries make it necessary and he placed with the escrow agent . If 11F , defects cannot be corrected , ; then this contract shall be void without penalty ' . and all. parties shall be placed in the same position they were in before this agreement . was- _entered into ` as. near aslpossible .• - It is agreed that three copies of an amortized sheet shall be gotten at ,• the equalexpense of both parties and each Party shall have a copy; with the Winkler Realty, Co . , the escrow agent , also having one and as the payments are i-1, 0 made at - the . Winkler . Realty , Co . , they shall be endorsed upon the copy of the CA amortized sheet. The escrow fees for serving asescrowagent shall be split evenly;by both parties on an even basis . • • In event of the failure to pay any installment promptly when due , or within ;two months thereafter , time being of , the essence , First Party may elect P to declare the entire principal and interest remaining unpaidasdue and payable forthwith , and in event of failure to pay the same , shall be entitled to fore close thiscontractfor the total principal amount with interest . Argy install meatsdelinquent shall draw interestatthe rate of 9 perannum if not paid try promptly when due . In event of entire amount due and owing in which event it shall draw interest at 9i% from the date until paid , and the : First . Party shall be entitled to foreclose this : Contract far the amount as found due with interest + and costs . This contract is legal and binding upon the heirs and assigns of both parties . It isalsoagreed that this contract cannot be assigned to another t party without . the approval of the First Party . { Inwitness whereof , the Parties hereto. .have subscrived . their names ' : the date above written. : , x ' .�4,. Mary R. Kuta , Party of the First Part • Clyde Kg ffooten , Party of the Second Part ' tt .G cl' l/�/ t � se c%xli ti Alice M . Wooten, Party of the Second Part • , 00 • IA I • - ,, r - ti