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14
<br />2. If the evidence of title shall meet the requirements above speci-
<br />fied, the Buyer shall have 45 days after delivery thereof to pay, the
<br />balance of the purchase price, the amount paid as consideration for this con-
<br />tract being credited thereupon. If the Buyer shall not do so within that time,
<br />the Owner g4x�gslq�pkxrx€ct4�xC'X
<br />terminate
<br />MaNY4 this contract, and if the Owner shall elect to terminate this contract,
<br />the amount paid as consideration for this contract shall not be refunded, but
<br />shall be retained as liquidated damages.
<br />3. If the evidence of title shall not meet the requirements above
<br />specified, and the Buyer shall so notify the Owner in writing within 20
<br />days after delivery, specifying the defects, The Owner shall have 120 days
<br />after receipt of that notice to cure the defects, and will in good faith exercise
<br />due diligence to do so. If the defects are cured within that time, the Owner
<br />shall so notify the Buyer in writing and the Buyer shall have to days
<br />after receipt of that notice to pay the balance of the purchase price; and if the
<br />Buyer shall not do so within that time, the Owner)dWlcMVMMI=M-Vf,,t
<br />terminate this
<br />I�cl�t� contract, and if the Owner
<br />shall elect to terminate this contract, the amount paid as consideration for
<br />this contract shall not be refunded, but shall be retained as liquidated damages.
<br />If the defects are not cured within that time, the Buyer shall have l0 days
<br />after expiration of that time to pay the balance of the•purchase price notwith-
<br />standing the defects; and if the Buyer shall not do so within that time, the
<br />Owner will promptly refund the full amount of the consideration paid for this
<br />contract, and this contract shall terminate.
<br />4. Upon receipt of the balance of the purchase price within the time
<br />allowed, the Owner will promptly execute and deliver to the Buyer a good and
<br />sufficient warranty deed, containing all the usual common law covenants of
<br />title, conveying that property to the Buyer in fee simple.
<br />5. Either party failing to comply with the terms of this contract
<br />will pay all expense, including a reasonable attorney's fee, incurred by the
<br />R 7 197
<br />I
<br />w
<br />r
<br />2. If the evidence of title shall meet the requirements above speci-
<br />fied, the Buyer shall have 45 days after delivery thereof to pay, the
<br />balance of the purchase price, the amount paid as consideration for this con-
<br />tract being credited thereupon. If the Buyer shall not do so within that time,
<br />the Owner g4x�gslq�pkxrx€ct4�xC'X
<br />terminate
<br />MaNY4 this contract, and if the Owner shall elect to terminate this contract,
<br />the amount paid as consideration for this contract shall not be refunded, but
<br />shall be retained as liquidated damages.
<br />3. If the evidence of title shall not meet the requirements above
<br />specified, and the Buyer shall so notify the Owner in writing within 20
<br />days after delivery, specifying the defects, The Owner shall have 120 days
<br />after receipt of that notice to cure the defects, and will in good faith exercise
<br />due diligence to do so. If the defects are cured within that time, the Owner
<br />shall so notify the Buyer in writing and the Buyer shall have to days
<br />after receipt of that notice to pay the balance of the purchase price; and if the
<br />Buyer shall not do so within that time, the Owner)dWlcMVMMI=M-Vf,,t
<br />terminate this
<br />I�cl�t� contract, and if the Owner
<br />shall elect to terminate this contract, the amount paid as consideration for
<br />this contract shall not be refunded, but shall be retained as liquidated damages.
<br />If the defects are not cured within that time, the Buyer shall have l0 days
<br />after expiration of that time to pay the balance of the•purchase price notwith-
<br />standing the defects; and if the Buyer shall not do so within that time, the
<br />Owner will promptly refund the full amount of the consideration paid for this
<br />contract, and this contract shall terminate.
<br />4. Upon receipt of the balance of the purchase price within the time
<br />allowed, the Owner will promptly execute and deliver to the Buyer a good and
<br />sufficient warranty deed, containing all the usual common law covenants of
<br />title, conveying that property to the Buyer in fee simple.
<br />5. Either party failing to comply with the terms of this contract
<br />will pay all expense, including a reasonable attorney's fee, incurred by the
<br />R 7 197
<br />I
<br />
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