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~~.-OG533~3 <br />against said premises in fever aP Noma Federal Savings and lawn Company <br />aP f~rnrat Islar~ri, Nebraska, to become in default. They agree to promptly <br />make the mortgage loan payments required under said nortgage. IP the <br />Sellers should permit such mortgage to become in default for failure to <br />pay the monthly payments, the Buyer may pay such monthly mortgage payment <br />and shall receive credit therefor agefnst the amount awing by her to-the <br />Sellers, and may utilize such credit to apply upon her monthly payments <br />hereur~dsr. At such time as the Buyer is ready and prepared to pay the <br />Pull balance awing the Sellers hereunder, the Sellers agree to obtain a <br />release Prom Nome Federal Savings and Loan Company aP Grand Island, <br />Nebraska, aP their said mortgage against these premises, and the balenee <br />payable by the Buyer to the Sellers hereunder, may tre applied at that <br />time toward payment of such Home Federal Savings and lean Company <br />mortgage balance. <br />DEFAULT OF THE BUYER <br />14. IP the Buyer should fail to pay any real estate texas <br />or special asseaemsnts before the same becomes delinquent or should fail <br />to maintain the homeowner's liability insurance coverage, all ae required <br />herein by the Buyer, the Bailees may pay any such delinquent taxes, special <br />aa9eaemente or insurance premiums.. The amount so paid by the Sellers <br />shell bear interest at the rate oP twelve percent (12%) per annum until <br />the $ellera are reimbursed therefor. Such payments by the Sellers shall <br />tie ca~eidered forthwith due and repayable by the Buyer, and this install <br />ment sale agreement shall be security for such repayment thereof. If the <br />Boyar is in default of any oP the covenants binding upon her herein, the <br />$sllerg ~y g#ve the Buyer written notice of such default and the Buyer <br />$h~11 tteirA thirty (~) days after. receipt of such notice within which <br />ta,~empdy such default, If the dyer shall fail to remedy such default <br />within each thirty (3p} day Period, the, Sellers ~aey declare. the Buyer in <br />~lfuakt hdrex~ and slarl4ra the entire unpaid. ba~.ance forthwith due and <br />~ey+ In that eVS.nt, if the Buyer-dope not pay off the full then unpaid <br />,. 5 <br />