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c <br />oO- ,)Ca~9oi7 <br />or the insurance premiers on said real estate as herein provided shall <br />cause the entire principal balance, together with the interest owing thereon, <br />to become due and owing, except that Seller shall give Buyer Thirty (34) days <br />grace from the date of default in which to make such default payment. Such <br />notice of default shall be served by Seller on Buyer in writing at Buyer's <br />last place of address. <br />' 15. Failure by Seller to exercise the option to declare a <br />.-.forfeiture on any one non-payment date shall not be a waiver of Seller's <br />right to declare a forfeiture on any subsequent non-payment date. <br />16. Buyer may pay the entire principal balance on any one <br />principal payment date. <br />17. Buyer will lease to Jim Haile one-half (1/2) of the <br />building known as THE BOAT IiQUSE for $12.00 per year; and will lease the said <br />S. C. Ha11e the office now used by him for $12.00 per year; said leases to <br />run for a period of ten (10} years. <br />18. This agreement shall be binding upon [he parties, their <br />heirs, agents, representatives, and assigns~.,t~ <br />'ditness our hands this 1 .-=': ~tJ ~ day of ?'ebruarv, 1Q76. <br />-- - THT, BI~~,~//H/"'QUIP/M//F.,iNS CnyPANY, a Corporation, <br />i' - / ;~- <br />(Seal} ~"~{Title} <br />PARTY OF TliE FIRST PAR'P - SL•LLER <br />7 <br />a <br />FLIILE C~TRUC .ON C NPANY, a orporation, <br />~ . <br />~ 5s~~'~~'~7 <br />(Seal) By <br />~u r <br />{Title) <br />PARTY OF THE SECOND FART - BUYER <br />- 3 - <br />