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<br />82-°=~~~~0~0 <br />Buyer shall Kaye the privilege of paying;, at any time, <br />any sum or sums in addition to the monthly payments herein <br />required, without penalty, except. that if Buyer intends to <br />prepay Che entire balance, Buyer i_s to give. Seller thirty <br />days' notice of suct-~ intention. <br />Should Buyer fail to pay any installaent due under <br />this agreement at its maturity, then the unpaid-principal <br />baTance° shall bear interest.. at ttae maximum legal rate <br />during- he period os"" delinquency. <br />All payments due hereunder shall be made: at such place.: <br />as Seller may designate, unless payments. are to be made to <br />the escrow agent.. <br />TAXES: Taxes shall be prorated to date of possession, <br />with ~r~r to pay ail taxes before that date, and Buyer to <br />pay all. taxes thereafter. <br />Parties agree that '`taxes'" also:s-ncludes all assess- <br />menu and special taxes for municipal and other public im- <br />provernents of record:, ar whi.ch may came into existence <br />after the date. of :this. wreement. <br />If3SURA4GCE: Buyer agrees to keep any improvements on <br />said property insured under fire and extended cavera~e <br />policies, and.: to pay the premiums can. such insurance <br />policies as`they become due. Such polices shall be <br />carried i.n an amount note Tess-than the. unpaid: balance of <br />the:.purchase price due hereunder. Such l+olicy`or poii.cies <br />shall be issued in the names o.f Sei:ler and Buyer, as their <br />respective interesCS may appear, and shall be delivered to' <br />and retained by Seller during. the continuance .;i this eon- <br />tzaet. <br />TITLE.: Seller has furnished Buyer with an abstract of <br />titla to any real estate involved herein,_extended to date, <br />which abstract. will show ataritetable Citle in Se3:ler at the <br />date Cherecr£. Said abstract is to he retained by Seller <br />during the continuance of this agreement, urrless~provision <br />is made herein for an escrow a~,ent, ize which case. the... ab- <br />stract shall be retained by the: escrow went... <br />SELLER"5 REMEbIES C3;~ BUYER'S DEFAI,'LT': Time. is of the <br />essence o t is contract.: <br />Buyer further agrees that if he shall fail to pay any <br />taxes or assessments levied or assessed against the real <br />estate, or fails to pay the premiu€~e of insurance:,,. Seller <br />may pay ..:said taxes,- assessments or premiums, anti the amount <br />so paid .shall Pwcome due and payable forthwith 'by Buyer to <br />Seller without notice or demands and shall becomea part of <br />thee. principal balance due under this contract. <br />If 8ta~~er fails to pay any amount: due -under the terms <br />of this contract, or if Salyer fails to perform anyaf the: <br />ocher terms, covenants cr agreements of this contract, or <br />~f Buyer shall abandon the real estate, the ;,rho,ie of the <br />irrdehtedness due urstier this contract. ro~etnar with any <br />ad~:ances made Irv. SEl.ler as herein pro~.~i:dea; ~ha~l become <br />and bf~ inunec.iately due -and.."payable at: the. ;.>ptian of SFl`Ler <br />w:Chout notice or demand, Che, same bei:~~ c,x;,re~~s)•,? rai~~~d; <br />and Seller !nay= ~r^c:~e<~ Ca f~~rec!.ose .this cen~ract inChe <br />rnac;ner or'r's:ded rti= law Tn t:~e •ti=ert one ~ur~r -~~,~?d 3~e 3nd~faulC <br />~f say rov~rnncs 'neresnder, she 5r^iler ~ 11 ~:-ve tyre ,~ der i5 ua:a,y~trriC~~n <br />,nc1Gr :~ ::ure 43ad de£sult. I£ :~uyet`ai:,s .... c-~,re Same ai:t~ti:n said period <br />.;~,_ Sel.lcr ^.c:;r ~serctse any I.e.~ai re~euler ~~.:~i?a..1~ ca z~{r i'a~ludn~ <br />. c,rec i ~sar+r, <br />