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5. Late Payment. Shbuld the Buyers fai'1 to make_any installment of principal or interest due hereunder or should payment of such ins a11- ment be postponed as provided herein; her, the amount. of theunpaid. principal balance shall bear interest at the-rate of`,nineteen percent (lg%} per ahrium-during s~:ach period of delinquency. n. °ossession. Buyers shall be entitled o possession of all'of the , propertvbeing sold-hereunder as of:the ist 'day of Gctober, 1982. 7. Glosinn. The +ate of closing of this llgreement shall be on or before October Z, 1582, except that if it is necessary for°the Sellers tb .Cure defects in title to the real property, as provided for i-, naranranh Nb. 8 of t_his'Agreement, then the date of closing shall be ter. (10) oaVS after such defeci: are cured. 8. Abstract. The Sellers agree that they shall, at their own expense, within fire (5} days from the date hereof deliver >~o-the, Buyers an abstract df title to the real property described herein;. which abstract shall be certified o datenot earlier than the date hereof ar,d showing marketable legal title to said property and restrictions bf record. The Buyers shall have a reasonable time after receipt of the abstract. it which to examine the--same and_to notify the Sellers of any defects therein,. In the event that the Sellers will not have marketable legal title :o the property, the Sellers shall have a reasonable time'to cure the defeats of title after they have been notified thereof-by the Buyers. The clbsinr, date shall be advanced accordingly as provided in para~lraph No. 7`of this Agreement, 9. Defects. If the Sellers shah be unable to cure the defects in title within the 'time provided, this :4gree-men shall be termir:at_ed and ar~y payment made hereunder shall be returned to'Buyers and all oblioatiors and liabilities hereunder of either party hereto 'shall cease. 3uyersmav waive ahy defects. 10. geed. 'The Sellers agree to 'convey he real property bei~;g-sold hereunder by Survivorship `darra;ty Deed to ine Buyers, free and c', ear of all liens and encumbrances, except ea ements, cove~-:arts, and restrictions of record.. The Sellers agree that on gr before?~he dale or" closing, they will execute said Survivorship 4larrahty Deed and deliver the same to the Escrow L - Agent designated herein to be held according to the'. terms of this .Agreement. _ Z_