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201606884 the Property, buildings, improvements, or fixtures located thereon, and/or the location of the boundaries of the Property. 4. POSSESSION Buyer shall be entitled to enter into possession of Property on May 01, 2015 and to continue in possession thereof so long as it is not in default in its performance of this Contract. 5. DELIVERY OF DEED Upon full payment of this Contract, Seller shall issue a General Warranty Deed conveying to Buyer good and marketable title to the Property as evidenced by a title guarantee in the full amount of the purchase price procured and paid for by Seller. 6. EVIDENCE OF TITLE Seller shall be required to provide an abstract or guarantee of title, statement of title, title insurance, or any such other evidence of title at Seller's expense upon request from Buyer. Such evidence of title shall show marketable title of the Property conveyed free and clear of all encumbrances except those mortgages or liens, if any, mentioned herein, easements, restrictions, limitations, reservations, covenants and conditions of record not coupled with a possibility of reverter, right of reentry, or other reverter right that amounts to a qualification of the fee, and subject also to applicable zoning ordinances and real estate taxes for the year in which the deed is delivered and thereafter. 7. TAXES AND ASSESSMENTS Seller shall pay all general and special taxes, liens, and charges including any and all assessments when the real estate taxes become due and payable, Buyer shall pay same directly to to J & B Rentals and the monthly amount will be added to their monthly mortage payment in the amount of $122.68 for the year 2015. This amount will be reviewed at the end of each year and the amount will be changed accordingly. 8. RISK OF LOSS AND INSURANCE Buyer shall be liable for risk of loss by negligence, fire, or other casualty. Seller agrees to keep the Property insured, with at least , liability, fire, casualty, hazard, and windstorm insurance with an insurance company and to an amount satisfactory to Seller and a comprehensive liability insurance coverage for the benefit of both Parties, as their interest may appear, and provide a copy of said policy to Buyer or to any mortgagee. All insurance proceeds shall be payable to Seller. The cost of the insurance will be added to their monthly mortgage payment and will be reviewed each year and changed accordingly. The Buyer understands that personal property is not covered in the above insurance and that the Buyer will need to insure their personal property. 9. UTILITIES Buyer shall pay the cost of all utilities in connection with the Property, including, but not limited to, telephone, gas, electric, water, sewage, and cable and trash pickup that may become due or payable on or after the Effective Date. Buyer shall at no time have any utility service disconnected without written authorization from Seller .Buyer will put all utilities in their name. 10. POSSESSION OF PROPERTY Upon execution of this Contract, Buyer shall take possession of the Property and shall enjoy peaceful possession of the Property for as long as all payments due under this Contract are made in a timely manner and all other terms and covenants are in compliance. 11. TIME 18 OF THE ESSENCE Time is of the essence with respect to the terms and provisions of this Contract. The time of each payment shall also be an essential part of this Contract. 12. DEFAULT BY SELLER In the event of the failure of Seller to comply with the terms of this Contract perform. any of the covenants hereby made and entered into, Buyer shall have the option to collect damages at law or demand specific performance, costs, and reasonable attorney's fees from Seller. 13. DEFAULT BY BUYER In the event of the failure of Buyer to pay any of the sums in this Contract agreed to be paid by Buyer, for a period of 30 days after they become due, either as installments or on account 2