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82-001347 (3) PREPAYMENT. That the Buyers have the option to prepay the prin- cipal of this agreement at any time, but a restriction is hereby agreed upon that any prepayment shall not amount to over twenty-nine per cent (29%) of the total purchase price over a one-year period. (4) POSSESSION DATE. That the possession of the above described pro- perty shall be on the 1st day of June, 1976. (5) INSURANCE. The Buyers are hereby required to have extended cov- erage of insurance to include fire, wind and comprehensive and that a minimum amount of insurance shall be the sum of S31, 000. 00. That proof of having said insurance shall be supplied to the Sellers thirty (30) days after the signing of this Contract. (6) it is further agreed that the Buyers will in no way destroy, recon- maior remod tin strict. or - III Iggs on said property without the permission of the Seller. That said permission will not be unreasonably withheld. ( 7) That aL the signing of this Contract. the Seller's Shall execute a War- runty Deed to be delivered 140 the OVERLAND NATIONAL BANK, to be held in escrow by the said escrow agent, until the Buyers have completed the terms of the Contract requiring action an the pat*j of the Buyers, at winch time, upon the Buyers furnishing it, saki escrow ugent of the compliance of said terms, the said escrow agent shall nand o,.er to the Buyers the Warranty Deed hereinbefore referred to { 8) it is further agreed that time is of the essence of this Contract and tf the 8UVerS Shall Miss any monthly payment herein required, the unpaid balance of the contract price will become due and payable at once and upon sixty (60) day nonce to the Buyers of the default and the entire amount that is due on the Contract, the Sellers shall have the right to repossess the said real estate and take possession ,jfjvr ,tie sixty (6W day notice. That said right of repossession is acc umulative along with other remedies that the Sellers might have at law or equity. (9) RISK OF LOSS. Risk of loss for damage to the rpal estate and /or to the improvements thereon rests upon the Sellers up until the date of possession and