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b. Tye buyers agree to keep all of the buildings, x!sether aow staffing ~~ on the premises or hereafter erected; continuously insured against fires wind- sL*arm, etc., in no ices a sum than presently thereon; in the event that a loss or damage is suffered to any of the said improvements, if such foss ar damage is repaired or °.replaced by the buyersT the insurance shall be paid to them; in the event that the loss or the damage is not repaired nor the buildings replaced, then the insurance shall be paid to the sellers as an additional pay- ment on the principal obligation. ` 7. That if the buyers do not pay said taxes as required or to procure insurance as required, the sellers may pay the same and the cost thereof shall be added=to the principal sum Sue thereon and shall draw interest at the rate sif 9~ per axu3um. 8. That in ease of default in the payment of said principal hereby se- cured, or any installments thereof or interest thereon, or in the performance of any of the terms or agreements contained herein,. then, or at any time there- - after during the continuance of said default, the entire debt thereby secured, with interest accrued thereon, shall, without notice, at the option of the sellers, become immediately due and payable, and this agreement liable to + foreclosure. 9. That the delay or failure of the sellers to exercise any of the seller's rights or privileges under the terms hereof, shall-not be waived ar held to be a i.aiver of any of the terms, covenants or conditions of this instrument, nor - of any of the rights or priveleges of the seller under the same; that any act of tfie seller waiving, or which may be held to be a waiver thereof, ~ to any specific default of the buyers, shall not be construed or held to ba a waiver " of any future default. 10. The sellers may go upon and inspect the premises at all reasonable times. • Ii. Time is of the essence of this agreement. :12. The buyers shs12 not assign this contract without the consent of the sellers but said consent shall not arbitrarily be withheld. 13. Sellers-shall farthwi:th del}ver to the buyers a good and sufficient abstract of title, certified to date, for examination by-the buyers, showing a"good and merchantable fee,s~mple title iri the sellers, but the same shall,