Said second parties also agree to pay all bills for gas and electricity used In said hotel.

And also that said second parties shall and will keep the buildings erected and to be erected upon the lands above described and the personal property In the buildings on said lands and the personal property which may in the future be placed in said buildings insured against loss or damage by fire in an amount and by insurers approved by the parties of the first part and assign the policy and certificates thereof to the said parties of the first part.

It is mutually agreed by and between the parties hereto that said parties of the second part shall have possession of said lands, hotel and personal property under this contract on the 23rd day of November, 1914, and that said parties of the second part during the existence of this contract shall not remove from said lands any buildings, improvements or fixtures and shall not remove from said buildings any of the furniture, carpets, pictures, plated ware, beds, mattresses, toweling, linens or any personal property which may be in said hotel or may be put in said hotel.

It Is mutually agreed that said parties of the second part shall not sell, assign or transfer this contract nor their right, title and interest in and to the same to any other person or persons, firm or corporation without the written consent thereto of the said parties of the first part having been first obtained and endorsed thereby.

The said parties of the first part hereby covenant and agree to and with said parties of the second part that upon the faithful performance by the said parties of the second part of the covenants as herein expressed on their part to be kept and performed, and upon the payment by said parties of the second part of the principal and interest at the time and in the manner hereinbefore specified the said parties of the first part shall and will, without delay, well and faithfully execute and deliver in person or by attorney duly authorized to said parties of the second part a good and sufficient warranty deed and thereby sell and convey to said parties said lands as above described free and clear of and from all liens and encumbrances except such as may have accrued on said lands subsequent to the date hereof by or through the care or negligence of the said parties of the second part. And it is further agreed by the parties hereto that said parties of the first part on receiving payment in full of the said principal and interest and of all other sums chargeable in their favor hereon shall and will execute and deliver to the said parties of the second part a Bill of Sale of the personal property now in said hotel, except that which has been reserved by J. S. and Sally Johnson as hereinbefore mentioned, and that the same shall be free and clear from all liens and encumbrances except such as may have accrued thereon subsequent to the date hereof by or through the acts or negligence of said parties.

And it is further mutually covenanted and agreed by and between the parties hereto that if default shall be made by the said parties of the second part in any of the payments of the principal or interest at the times or any of the times hereinbefore specified for the payment thereof and for ten (10) days thereafter or in case said parties of the second part shall fail to keep and perform this contract in any other respect wherein the same is herein required by and on their part to be kept and performed, in any such case said party of the first part shall immediately thereafter have the right to declare this contract void and no longer binding and all payments which shall then have been made hereon or in pursuance hereof to be absolutely and forever forfeited to said parties of the first part in the said land with the buildings and improvements thereon and the personal property now in said hotel or which may be put in said hotel shall revert to said parties of the first part and said parties of the first part may consider and treat said parties of the second part as their tenants, holding over without permission and may take immediate possession of the said premises and remove the said parties of the second part therefrom, or at the election of said parties of the first part the covenants herein contained on the part of the said parties of the second part to be kept and performed and the liability of said parties of the second part under this contract shall continue and remain obligatory upon the said parties of the second part and may be enforced and the said consideration money and every part thereof, with interest and any unpaid taxes and insurance premiums as hereinbefore specified may be collected by proper proceedings in law or equity from said parties of the second part and conveyance of said premises be made as aforesaid.

And it is agreed that the stipulations herein cantained are to apply to and bind the heirs, executors, administrators and assigns of the respective parties hereto.

In witness whereof the parties hereto have hereunto set their hands and seals the day and year first above written and have executed this contract in duplicate.

(Signatures.)

(Verification.)

IV. Plaintiffs further show unto the court that they have in all respects carried out their part of the contract and have done and performed all matters and things therein contained by them to be done and performed and have made payments as follows, to-wit:

May 10th, 1915, $500; March 23rd, 1916, $500; June 11th, 1917, $500, which consisted of two items, insurance $54.54 and check for $445.46; January 27th, 1918, $500.

V. That on the 10th day of May, A. D. 1919, F. S. Claflin and Ella M. Claflin conveyed the above described land with the appurtenances to T. Williard Ready of Niles, Michigan, subject however, to the rights of these plaintiffs in the premises.

VI. That on the 28th day of November, A. D. 1919, these plaintiffs offered to pay the said Ready the amount of payments then due, to-wit: five hundred dollars, and tendered the same to him; that he refused to take the same, asserting that he was the owner of said property and these plaintiffs had no rights therein.