82004016 - Laserfiche WebLink

Browse

82~~~R~~~1E; name of Seller and Buyer as their respective interests may appear, and shah be de3ivered to and retained'by the Escrow Rgent during thee.. continuance of this. Contract. 9. In the: event of a casualty to the sale property or in- the event'of a condemnation of all or part of the sale property, the sums due to the Sellers under this `Contract shall nat be 3iminished uizless otherwise specifically agreed :o in cariting by Sellers. " 10. Should Buyerfal to pay any instal meht doe in accordance with this.: Agreement at its maturity, the unpaid installment i~alance shall bear interest at the highest legal rate then permissible beginning thirty (30) days from `the due-date thereof. Should ar. _ installment payment fail to b2 made upon its maturity .date, the payment'shali not constitute a default-under the terms`of this Contract until Seller shall notify Buyer that: the address shown herein (or such other address as has been given in-writing *_o Seller) by registered mail, return receipt requested, of 'the failure to receive payment.' Buyer shall haue'thirty (30j days from receipt of notification of delinquency from Seller before this Contract shall be deemed to be in default under the terms of this Agreement. .Ali payments due hereunder sha l be made to Escrow Agent as. set forth herein. The payments shall bE deemed made when received by Escrow Agent. 1 L the Closing Date of this'. Contract shall be , 1981. Tame is of the-essence of this Contract. Buyer further - agrees that if :she shah fail to pay any of the taxes or assess- ments levied or 'assessed against the sale property or fai s to pay the premiums of insurance, Seller may pay the taxes, :assess- merits or premiums, and the amount so aaid hall become due and payable font:with by Buyer to Seller without notice or demanc and shall became part of the principal balance due-under tk.is Contract. 12. If Buyer fails to pay any amount due under the terms of this Contract, ar ii Buyer fails to perform aiZy of the other.