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<br /> 78- UOQ � � � , :;
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<br />(� cj To deliver ti�e.;same to the owner of said property ; and the
<br /> I' selle� is further authorized , in case of such loss under insurance �
<br /> policies on said property , to adjust and compromise any such loss ,
<br /> without however , any obligation on the seller ' s part so to do .
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<br /> 7 . Said buyer agrees to pay all expenses and disbursements ,
<br /> including attorney ' s fees , occasioned the seller by any suit or �,`.:
<br /> proceedings wherein the seller as such may be made a party .
<br /> 8 . That if insurance is not procured by the buyer and
<br /> policies delivered as herein provided , or any taxes or assessments
<br /> herein provided to be paid by the buyer are not paid by the buyer ,
<br /> the seller may procure such insurance , pay the premiums thereon ,
<br /> and pay such taxes and expenses , without waiver of any right arising
<br /> from hreach of any of the covenants , and a1Z money so paid by the
<br /> seller shall forthwith be due the seller with interest thereon at
<br /> the hiqhest lawful rate per annum , and shall be added to and made a
<br /> part of the indebtedness secured hereby .
<br /> 9 . That in case of default in the payment of said principal
<br /> sum of money hereby secured , or any installments thereof or
<br /> interest thereon , or in tYie performance oEaay of the terms , provisions ,
<br /> covenants or agreements herein containea , tiien , or at any time there- r
<br /> after during the continuance of such default , the entire debt hereby
<br /> secured , with interest accrued thereon , shall , without notice , at
<br /> the option of the seller , become immediately due and payable , and this
<br /> agreement liable to foreclosure .
<br /> � 10 . That the failure or delay of the seller to exercise any of r
<br /> the seller ' s rights or privileges under the terms of this agreement
<br /> hereby secured , shall not be held a waiver of any of the terms ,
<br /> covenants or conditions of said instrument , nor of any of the rights ';:
<br /> or privileges aE the seller , under the same ; that any act o £ the ~ `'
<br /> seller waiving , or which may be held to have waived , any specific
<br /> default of the buyer sha11 not be construed or held to be a waiver
<br /> of any £uture de £ault . ;f
<br /> 11 . Seller shall forthwith deliver to buyer a good and sufficient
<br /> abstract of title , showing merchantable title in seller , certified
<br /> to date for examination but the same shall immediately , aPter
<br /> examination and approval , be delivered to the escrow aqent herein
<br /> provided for , to be delivered to buyer upon the completion of the
<br /> terms hereof and the delivery of the deed , and all further extensions
<br /> shall be at the expense of buyer .
<br /> 12 . The seller may go upon and inspect the premises at all
<br /> reasonable times .
<br /> 13 . Possession shall be delivered to buyer upon the execution
<br /> of this agreement andt3�e deposit in escrow of the deed herein referred to .
<br /> 14 . Said premises shall be conveyed to buyer by good and
<br /> sufficient warranty deed , containing the usual covenants , and shall
<br /> otherwise , at the option of the buyer , be , if seller is able to do so ,
<br /> conveyed to any person or persons designatecl in writing by the buyer .
<br /> 1.5 . Times is of the essence of this agreement .
<br /> 16 . This agreement shall be binding upon the parties and upon
<br /> their successors , heirs , and personal representatives .
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