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202404629 <br />b. Buyer agrees to forfeit all rights to the Property, improvements made to property, fixtures added to the <br />Property, including, but not limited to, lighting, carpet, ceiling fans, etc., any monies paid via either down <br />payment or monthly payments, and any rights to possession commencing after being in default for a <br />period of 30 days. <br />c. Seller shall have a right to retake possession of the Property after Buyer has been in default for a period of <br />30 days. <br />d. In lieu of the foregoing, Seller, at its option, may declare by notice to Buyer, the entire unpaid balance of <br />the purchase price specified in this Contract to be due and payable, and take appropriate action, in law or <br />in equity, to proceed to enforce payment thereof. <br />e. Any rights, powers, or remedies, special, optional, or otherwise, given or reserved to Seller by this <br />Paragraph shall not be construed to deprive Seller of any rights, powers, or remedies otherwise provided <br />by law or equity. <br />f. Any and all legal fees incurred as a result of default of this Contract by Buyer shall become due and <br />payable from Buyer. <br />14. MAINTENANCE OF PROPERTY <br />Buyer agrees to maintain the Property at all times in a state of good repair and condition, and will not do <br />or permit to be done anything to the Property that will in any way impair or weaken the security of <br />Seller's title. At such time as Seller inspects the Property and finds that repairs are necessary, Seller shall <br />request that these repairs be made within seven (7) days at Buyer's expense. In case of the refusal, <br />neglect, or inability of Buyer to repair and maintain the Property, Seller may, at Seller's option, make <br />such repairs or cause to be made, and advance money in that regard, which money advanced or costs of <br />repairs shall be the obligation of Buyer and shall be secured by this Contract. <br />15. RETURN OF PROPERTY <br />In the event this Contract is terminated and Buyer is required to return the Property to Seller as may be <br />required by the terms of this Contract, Buyer agrees to return the Property to Seller in substantially the <br />same condition as it now exists, ordinary wear and tear excepted. Seller reserves the right to inspect the <br />Property at any time by giving Buyer reasonable notice. <br />16. RECORDING <br />As soon as practicable after the Effective Date, Seller shall cause a copy of this Contract to be recorded in <br />the appropriate office of the county in which the Property is located Seller shall provide Buyer with <br />evidence of such recording. <br />17. ENCUMBRANCES <br />The Property is presently subject to a mortgage. Seller shall not place any additional mortgage on the <br />Property without first obtaining the written permission of Buyer. In the event Seller should become <br />delinquent in payments on the mortgage, Buyer may pay the same and credit said payment to the Contract <br />price. <br />18. ALTERATIONS TO PROPERTY <br />Buyer shall not construct any additional buildings or make any structural change to the Property without <br />first obtaining written approval from Seller. If written approval is given to construct or improve the <br />Property, Buyer shall indemnify and hold Seller, the Property of Seller, and Seller's interest in the <br />Property harmless, free and clear from liability for any and all mechanic's liens or other expenses or <br />damages resulting from any renovations, alterations, buildings, repairs, or other work placed on the <br />Property by Buyer. <br />19. PERSONAL INJURIES <br />Buyer shall indemnify and hold Seller harmless from any and all demands, loss, or liability resulting <br />from the injury or death because of the negligence of Buyer or the condition of the Property at any time <br />or times after the date possession of the Property is delivered to Buyer. <br />3 <br />