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I I F_ 7 85•., 000270 4. The Buyers snail pay for all utilities consumed on said premises. 5. The Buyers shall not assign this agreement without the consent in writing of Merle L. Moore and Dorothy K. Moore. 6. That the Buyers shall not in any manner whatsoever encumber or permit any lien to be filed against said premises on their account during the existence of this agreement. 7. The Buyers shall not remodel or in any manner change the arrangement, architectural design or build on to the present structure or build or erect new structures on said premises without the consent of the Sellers in writing. 8. It is specifically agreed by and between the parties hereto that time is an essential element of this contract and in consideration of any payment of either principal or interest remaining unpaid for a space of thirty (30) days after the same shall become due, or of the failure of said Buyers to make any of the said payments of principal, interest, monthly payments, general taxes, special assessments or special taxes, or as otherwise provided for herein, or the breach of any covenant contained herein, this contract shall, at the option of the Sellers, be forfeited and determined and the Sellers shall have the right to re -enter and take possession of said premises aforesaid. It is specifically understood that in the event of default of the Buyers herein in the first five years of the existence of this agreement, the Sellers shall be permitted to obtain possession of such premises by strict fore- closure and all payments made to the date of the default shall be considered rent for the use of the premises and liquidated damages for non - compliance with the terms of this aareement. 9. It is further understood and agreed that the Buyers shall receive possession of the premises on May 1, 1983. Mrs. Sallinger is a tenant in said premises who has been payina $149.00 per month rent. The Buyers shall receive the rent due for the month of May. In the event that Mrs. Sallinger remains on the premises during the months of June and July, the Sellers shall supplement the rent paid by Mrs. Sallinger for the months of June and July In the amount of $149.00 per month by paying to the Buyers the sum of $51.00 per month. The Buyers agree to accept the premises subject to tha tenancy of Mrs. Sallinger. 10. The Buyers covenant and agree to hold and save the Sellers harmless from any and all liability by reason of personal injury to any property or person and from all liability for damage to any property or person or persons on or about the premises occasioned by any act, failure to act, or negligence on the part of the Buyers, their agents, servants, and employees, and the Buyers aoree to carry indemnity insurance against liability for such injury and damages in at least the amount of $100,000.00 per person, $300,000.00 nor accident, and 3100,000.00 for property damages. The names of the Sellers shall be inscribed o: such policy as named insureds, and the Sellers shall be provided a copy of such policy of insurance. 11. In the event that the Buyers should violate the terms of this agree- ment, the Buyers shall be required to nay all attorney's fees, €z