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and interest the fell amount of payments shall be deducted, and <br /> so continued from year to year until the said unpaid balance, with <br /> interest, has been fully paid. Said second party may at any time <br /> pay the full unpaid balance with interest to said date and upon such <br /> payment shall be entitled to the deed hereinafter provided for. <br /> It is agreed that said second party may enter into the <br /> possession of said premises in thirty (ac) days of this date and <br /> may erect such building, or buildings, thereon as it cay desire and <br /> may hold, use and control the same as it may seo fit. The said first <br /> party, however, reserves the buildings now on said premises, mach <br /> buildings shall be removed by first party within thirty (33) days of <br /> this date and if not so removed then second party may, upon taking <br /> possession of the premises, appropriate said buildings to its own <br /> use the same as if they had not been reserved hereby. <br /> Said first party will deliver to said second party an <br /> abstract of title brought down to this date, Mich abstract shall <br /> show a good and merchantable title, in fee simple, in said first <br /> party, free and clear of all liens and encumbrances excepting assess- <br /> ments hereinabove excepted. <br /> It is understood that time is of the essence of this con- <br /> tract and in the event the said second party shall fail to make the <br /> payments herein provided for promptly and at the time stipulated <br /> therein, then on thirty (30) days written notice from first party to <br /> second party, if such payments are not shade, said first party may <br /> declare all prior payments forfeited to said first party as and for <br /> liquidated damages and rental for the use and occupancy of said pre- <br /> raises. <br /> It is understood and agreed that said first party will <br /> execute a good and sufficient Warranty Deed conveying said premises <br /> to said second party, which deed together with a copy of this con- <br /> , — S& Z3 <br /> tract shall be left in escrow with. the �4 <br /> .,- 4. . _: of the <br /> City of South Bend, Indiana, to be held by said company and delivered <br /> to said second party when it has performed its obligations herein <br /> 2 - <br />