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I s, 002127 Md &11 P&rtl" agree that notwithstanding the aforesaid, this agrusugat Is set Severable. IT IS MrJALLY UNDnSTOOD AND AGRM THAT TIME; IS AN EsSINTIAL ZLVMT rx IMIs AmEwT, and all parties hereto understand mW agree that failure of buyers to pay 1976 and subsequent real estate taxes Within one year from deliuquency thereof; failure of buyers to make the PayMents of principal due on the 31st day of December, 1.976, as called for herphi- failure of !,Ivo Mill- t'i,! of principal and istOrest due on the 19t day of Way. 1977, &0 called fur I-- failure of the buyers tO Y :tay otter covenants herein contained to and including the 1st as 114 V 977, siiall constitute a breach of this agreement and that ;c:. t.',! skll I urs 1.iav at their option within thirty (30) aJaya fruia mate: :;aid breach. notify the buyers by registered mail, at 64elr last r'VIC)Wn 'Iddress of aeller's option to terminate this agreement and U uaia bxeach is not rectified by buyers within thirty (30) days from date of said jjz)tjcL,, then and in that event and only in that event, thin agreumaixt to purchase shall terminate and in event of such termination, i),ArLies 3;jecifically agree that the sellers shall 4-011 INN fib IMM M beraby 4eclsre the right of seller to retake Poe"eal" _711WIFRIMIMW said real estate, forthwit1i, t--UrebY LerninatiiAg aiAy and all rights of buyers in and to said ruai estate, 6uyera' ititerest in growin�r , crops. sU Improvements thereon existi►j�, at %jAjj time and this agreement and in such event, buyers agree to vacate said promises forthwith; or In the 9110134tive, the 00116rs Ji'liall have the option upon any such breach 4issignated above or upon failure to pay 1976 and suboquant real estate Ulu" within one year from dviinquelicy t4ereof, or upon failure of buyers to wake POYMMUtb, the payments called for herein subsequent to the lot day of May, 19770 as called for herein. or failure to perform or abbe by 'iny ot'fwr k4r, c", r".1 NOW" of May, 1977, shall also constitute a breach of this agroomaant, and the 06110TO my upon said breach by buyers notify buyers of said breach, by hhGiste�ted mail at their last known a4dro", within thirty (30) days of do" of said breach, and declare and cause the whole em of money herein 0800"W to bsmasm due and payable at once and procaW to foreclose this I