03-13-1978 Planning Packet - Laserfiche WebLink

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But should default be made in the payment of principal or interest due hereunder, or of any part thereof, to be by second part.y.___ paid, or should........It..................fail to pay the taxes or assessments upon said land ,premiums upon said insurance, or to perform any or'either of the covenants, agreements, terms or conditions herein contained, to he by said second par|....y...... kept or performed, the said paricfi.... of the first part may, at....tbeir.------option, by written notice declare this contract cancelled and terminated, and all rights. ti*le and interest acquired thereunder by said second par^----.... shall thereupon cease and terminate, and all improvements made upon the premises, and all payments made hereunder shall belong to said part.lGS... of the first part as liquidated damages for l>reach of this contract by said second parV.y.------ .said notice to be in accordance with the statute in such case made and provided. Neither the extension of the time of payment of any sum or sums of money to be paid hereunder, nor any waiver by the part.^-.?.?.... of the first part .P.f....?:?).?J^.1fights to declare this contract forfeited by reason of any breach thereof, shall in any manner affect the right of .said part ifiS.. to cancel this ccmiract ln rausc of defaults subsequently maturing, and no extension of time shall be valid unless evidenced hy duly signed iiisirumenl. I'urthrr, after service of notice and failure to remove, within the period allowed liy law, the default therein .specified, «iaid par! y.....of the second part hereby specifically agrec..Sl., upon demand of said parties.... of the fir.st part, quietly and prairably to surrender to....them...............pos.ses- sinn of said premises, and every part thereof, it helnp understor»d that until such default, said party......... of the second part.................is.................to have po*se>sifiii of s.iid premise . 9t M mutUflllp Ihj and between the partien hereto, that the time of payment shall be an essential part of tkU contract; and that all the covenants and agreements herein contoined shall run with the land and bind the heirs, executors, administrators, suexcssnrs and assigns of the respective parties hereto. Sn VfMftlUniy KQpcrfOf, The parties hereto have hereunto set their hands the day and year first above written. ) /ifuthiey-f-;-Kelley A ■ I. - ..... ^Mu r Iciii fci KulrtHy /• - GEORGE A. JACKSON CONSTRUCTK , INC. ns. fAcyoi By: George A. Jaej^^n, President .'a son fttate of iHinneOota, County of .......Heimep la....................... ....) The foreinstruineftt uys ark utarh d^jed hvfnrv mv thi. ihiuof MoJvv A'-J 77 by William S. Kelley, Jr., a single per- , and Rodney F. Kelley and Marian L, Ke’lley, his wife; and by George A. Jackson, who stated that he executed the same as the free act & deed of George A. Jackson Construction Compan^/^ In •» THIS INSTRUMENT WAS DRAFTED BY Leonard. Street and Deinard - SRP 1200 TIatronal City ^anR Bulldijag ~ 510 Marquette Av^ue ' ^ Minneapolis, Minnesota SS|{k(il2.M) aa ifffS PCtfAJSinA' * ^ IN III All \\\ f ^ • y *' * \\ identRNowi I VN>VA OWI I |M;Mf Nil (iiTi I tyik} s er. c w Cs j 2 s as « !!5 ® a Si "a i e: : 1^ : d ;: ^ uS! k.o £ A. iO : •8! O o •S.g-5 c 5 i I 1a* '* e a i*P ^ m ^ E § 5-5 Cl ^ I a •RP •a It '■'I cc "c Si .t: • a [ 1 s t:c a is.5 I •' ». V. z ^ 2r c Cl : -a • • *? i ^ * £ 'Cl «;ll - 2 *D»• A.. a 52 Ik. C ^‘1 " i' .5 aNV. £ a ». ••• A.I 5.5 2 ?I?* ^ ? a c =■• .5: Ci I a ^ *■ c 5i. ^ L. i - 2 . ^ ^ ' ^ 5• I B. ^ •at o1 5 'c ** jB s: . t s • •