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7s- ut~~.U47 <br />~- <br />10. Default. <br />In the event that the Buyers fail, refuse, or neglect <br />l <br />to fulfill any farms and conditions of this agreement binding <br />upon them, the Sellers at their option may give the Buyers written <br />notice of such defeult anti if the Buyers fail within 30 days <br />from receipt of such written notice ~o remedy suci- default, the <br />Sellers may declare the entire unpaid principal balance forth- <br />with due and payable and maintain an action at law or equity <br />except default in paystnts, <br />to recover the same. From and after any default,/tne entire <br />unpaid principal balance shall bear interest at 11X pss anaw <br />until such default is resedied. Notice to either of the <br />Bvyers, or to the personal representative of either of then, <br />atoll constitute notice to both of them. Waiver of say one <br />default by the Sellers shall not constitute a waiver of any <br />subsequent default. <br />11. Completion of Agreement. <br />When the Buyers have paid the full purchase price with <br />interest, together with any other suss owing by them hereunder, <br />the escrow agent shall deliver to the Buyers the warranty deed <br />conveying said preAises to the Buyers, free of all liens and <br />ectct~brances, except as strove provided, and except any <br />liens or encumbrances created by or arising by reason of the <br />acts of the Buyers. The abstract shall also at that tine be <br />delivered to the Buyers. <br />12. Binding Effect. <br />The parties hereto respectively bind themselves and <br />snrvi.vinR joint tenants, personal representative, heirs, <br />devisees, and assigns to the faithful performance of the <br />praviaiona of this agreement. <br />SBLL~RS <br />SUL~LLEN STtTDNICKA <br />BUYERS <br />