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But should default be made in the payment of p!tt►copai or ►nter(6t ►lac witi.miti. dtr Ut any I+ait then .0j, It- . , ) <br />second part►...._. paid, yr 010111d...........it................ fail to pay the taxes Or as:cs.arnents upon said land ,prenliurns up"ll !.-lid <br />in-,urance, or to perform any or -either of the covenants, agreements, terms or conditions herein contained, to lie toy Said <br />second part-.,y—... kept or performed, the said pardes.... of the first part tray, at .......... their....option, by written n<.tice <br />declare thiot contract cancelled and terminated, and all rights, title and interest acquired thereunder by raid ccond <br />party.......... shall thereupon cease and terminate, and all improvements made upon the premises, and all payments made <br />hereunder shall belong to said partes..... of the first part as liquidated daniages for breach of this contract by said se, and <br />par•.y......., said notice to be in accordance with the statute in such case made a -it; provided. <br />Neither the extension of the time of payment of any sum or sunis of money to he paid hereunder. nor any waiver by <br />the part �Es . of the first parties s ..rights to declare this contract forfeited toy reason of a•-y breach/ thereof, � hall in <br />........... <br />any manner afTect the right of saic' parties.... to cancel this contract Lcc.iuse of flefa"':, aul .• i "',' ;::ring, and no <br />extension of time shall be valid unless evidenced by duly signed instr­• .,, ;'ur:tur, after service of not -e and t iilnre to <br />rrmose, witl►in the period all-m-d by law, the default there goLinedi, said Marty........ of the secrnul part llcicby spee.ifi. A.Iv <br />nvrer e..., upon demand of zai,l vaitles of the t,, it part, quietly and pea,:cahiy to surrender to...........Liiem..... .pusses- <br />tion of •sid nrerrkrs an.t r ci.. part thereof, it being understood that until such default, said party ........ of the second <br />Mar t ............—is ......... to have positession of said premises. <br />31t lS Sillilimilp Agrea, By anil N.1ween the parties hereto, that the tine of payment .shall. L,• era <br />rctenffal purl of this contract; and that all the rorettants a?td a6reenients herein eontained shall rein, trith. <br />'lie brad and hind the heirx, executors, adr•ninistrators, surcessors and a.sslens of the respective parties <br />It a re to. <br />31it Zemiitlont, MI)crCOi. The ji artiee hereto have hereunto set their hands the clay and year first <br />above icrittem <br />a fa � JOIN MO�."�tY—lia1�TWEi.1 <br />• , 1 <br />LL'CY ULL MKT14ELL <br />SELLERS" <br />-- 4 E <br />00 <br />a : <br />'John Hartwell , fts Partner <br />