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2oo9oss3s <br />5. All payments due hereunder shall be paid directly to the Sellers at their <br />residence or at such other place as the Sellers shall designate. <br />6. This Installment Contract of Sale cannot be alienated, pledged, <br />encumbered, assigned or transferred without the prior written consent of the Sellers, <br />which consent will not be unreasonably withheld, Any attempted alienation, assignment, <br />pledge, or transfer of the Contract without such written consent shall be null and void, <br />and any attempted assignment, pledge, transfer or alienation without the consent as above <br />described, shall render the entire remaining unpaid balance due hereunder immediately <br />due and payable at the option of the Seller. <br />7, In the event that the Buyers fail to make any payment due hereunder ar <br />perform any of the terms of this agreement for a period of thirty (30) days after the same <br />is to be paid or performed, the entire unpaid balance due hereunder, both principal and <br />interest, shall become immediately due and payable at the option of the Sellers upon ten <br />(10) days written notice from Sellers to Buyers. In the event such default in payment or <br />performance is not correct within ten days after written notice of default, the Sellers shall <br />be entitled to take such legal action as they may determine advisable. <br />In addition to the dwelling house being sold hereunder and any attached <br />other facilities and attached ftxtures, the fallowing described personal property is being <br />included in the sale to the Buyers, and this Installment Contract of Sale shall act as a <br />conveyance of said following property: <br />Refrigerator <br />Stove/Oven <br />9. The parties agree that time is of the essence of the Contract and for the <br />faithful performance of the terms hereof, and that this Contract is binding upon and <br />inures to the benefit of the parties, their heirs, devisees, personal representatives, <br />successors and assigns. <br />Dated: December .~,3'~, 2008 <br />i <br />SELLER <br />