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82--OQ47yf3 (168) per annum from the date of such payment, may be added to the purchase price of the real estate remaining due and unpaid, and in such case, the monthly installments thereafter paid by the purchaser aursuant to the terms of this contract shall be first applied to the satisfaction of the sums so paid by the vendors on account of any such taxes or assessments. 2982 real estate taxes shall be ~ro-rated to September 10, 1982, based on the 1981 tax assessment. There is a late penalty of four percent (4~) of the installment due if not paid within 10 days of due date. The opening escrow fee is to be paid by vendors and closing escrow fee of $50.00 is to be paid by purchaser. Purchaser agrees to ?ay the reasonable cost of any attorney fees incurred by vendors if necessary to enforce the terms of this Contract. The ?urchaser further agrees to commit no waste on the premises and to keep the premises in wood repair. The vendors agree to execute a warranty deed to the purchaser and to place such deed in escrow with Cunningham, Blackburn, VonSeggern, Livingston, Francis 5 Ailey as Escrow Agent. The purchaser, in consideration of the execution of this Contract, does hereby assign, transfer, and-set over to the vendors as security for the payment of this Contract, so long as the Contract remains executory and unperformed by the purchaser, all of the rents and revenues derived from any rental of the real estate, and the purchaser, during this time, hereby authorizes the vendors to rent the premises and to collect the rents and apply the rentals to the payment of any obligations or sum due vendors under this Contract. On full performance by the purchaser, this assignment shall be void. It is further agreed by and between the parties hereto that when the purchase price and the interest thereon, together ioith any amounts paid by the vendors for taxes ar assessments, with interest thereon as above provided for, shall have been fully paid by the purchaser, the Escrow Agent will deliver to the purchaser a warranty deed conveying the real estate to her as aforesaid, free and clear of all liens or encumbrances, except as above provided for, subject, however, to any liens ar encumbrances czeated by or arising by reason of any acts of the purchaser. The purchaser on satisfaction of the financial obligations hereunder shall give notice of satisfaction to the Escrow Agent, a copy of which shall be sent to the vendors by certified mail. The Escrow Agent, on receiat of proof of notice and after-the exairation of thirtp• {30} days, shall deliver the deed to the purchaser. -L- lJ