Until full payment of the purchase price and delivery of the Warranty Deed as hereinafter provided, Buyers agree to maintain the premises covered hereby and all improvements located thereon at Buyers’ sole cost and keep them in good repair and condition.
On or before the anniversary date of the Contract, each year, Buyers shall provide to Seller, at their sole cost, proof that the taxes have been paid and that appropriate insurance is in force. Buyers shall pay Seller monthly, a sum equal to 1/12 of the real estate taxes and insurance premiums. Buyers agree to pay all taxes assessed and to be assessed against the Property and any improvements or personality now or hereafter placed thereon. Until full payment of the purchase price and delivery of the Warranty Deed as hereinafter provided, the premises are to be insured to at least the amount of the purchase price against loss or damage by fire, explosion, riot, riot attending a strike, civil commotion, air craft, vehicles and smoke, with Buyers to pay the premiums therefore. Buyer assumes all hazards of damage to or destruction of any improvements now on the Property or hereafter to be placed thereon. The Buyers promise to pay to Seller or Seller’s order the purchase price as detailed in the attached Schedule (A). This conveyance is made subject to ay easements, conditions and/or restrictions of record affecting the title to the hereinbefore-described property.
The Seller agrees to sell to Buyers, and Buyers agree to Purchase from Seller the following described real property (hereinafter referred to as “ the Property”) together with all improvements thereon situated in the County/Township of _and State of _, to-wit: This Agreement is made and entered into on this _ day of _, _ by and between _ Address _ of the State of _, hereinafter called “Seller” and _ Address _ State of _, hereinafter called “Buyers,” upon the terms and conditions set forth herein.