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But should default be made in the payment of principa: %.r interest due hereunder, or of any part thereof, to be by
<br />second part....ji_._ paid, or should ... ....... he_..._ _.fail to pay the taxes or assessments upon said land ,premiums upon said
<br />insurance. or to perform any or *either of the covenants, agreements, terms or conditicns herein contained, to be by said
<br />second party ..... ..- kept or performed, the said part. ies of the first part may, at.. ... .t.h,eir... option, by written notice
<br />declare this contract cancelled and terminated, and ail rights, title and interest acquired thereunder by said second
<br />part.-X..-_..., shall thereupon cease and terminate, and all improvements made upon the premises, and all payments made
<br />hereunder shall belong to said part.leS of the first part as liquidated damages for breach of this contract by said second
<br />par•. y........ said notice to be in accordance with the statute in such case made and provided.
<br />Neither the extension of the time of payment of any sum or sums of money to be paid hereunder, nor any waiver by
<br />the part.,jell of the first part o.f. _ the4hts to declare this contract forfeited by reason of any breach thereof, shall in
<br />any manner affect the right of said part Les to cancel this contract because of defaults subsequently maturing, and no
<br />extension of time shall be valid unless evidenced by duly signed instrument Further, after service of notice and failure to
<br />remove, within the period allowed by law, the default therein specified, said part. y.. of the sec,,nd part hereby specifically
<br />agree$., upon demand of said part.ie.s ,f the first part, q... etly and pea-wbly to surrender to. them
<br />posses-sion of said premixes, and every part thereof, it being underxt•>od that un!,t su,-h default, said part y of the secs red
<br />part .. io to have purr isum of +aid pr.nnar.
<br />j 3t (z Ontuallp ZQrtta, Rft arii hrhe-Pen this parties heref.r, that tho time of payment shrill he an
<br />elsrnttal petrt of this nontrart; axed that all the enren.rnts an,l shall run, with
<br />the lanes and hirt.ei the hoirs, exAteutors, admini.str,rt•,re, surre:;.,rt an.i n.+Ki4ns of tho rexpe.•tiue pareW
<br />hereto.
<br />3a Vottmonp fttrrot, The p•trti4ea hereto have h.rr,*"Rtn set their hand.+ the day and year Orst
<br />above torittvn.
<br />� en!�W�.
<br />.1CridIey
<br />Coro by
<br />r Du�iae�Vet t e>
<br />i 6tate of�nrte�ota,
<br />County Of tiE,Y VIM
<br />,
<br />jf'hr fure•$rsin�r rastrrenr.nl re,r�. ,rrkauee•l.,l_.rt h,�„r. n,
<br />this 18th fiery „l May , ly 77
<br />
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