1. Said first party for himself, his heirs, executors and administrators, agrees to sell to said second party all certain piece or parcel of land, situate in the Township of Casco, County of St. Clair, State of Michigan, known and described as the west half of the east half of the northwest quarter of section four, in town four, north of range fifteen east, containing forty acres, more or less.

In addition to the above lands, the following personal property is included: 1 gray horse, 1 plow, 1 set drags, 1 set double harness, 2 buggies, 1 small cultivator, what hay is now over the horse stable, all the tools now on the farm and all straw and (forthwith, after full payment by said second party of the purchase money, taxes, interest and insurance hereinafter mentioned, and on the performance by said second party at the times and in the manner hereinafter mentioned, of all the conditions herein specified to be by him done and performed) to execute, or cause to be executed, to said second party a good and sufficient warranty deed for the said premises, to be delivered on the surrender of this duplicate contract.

2. Said second party for himself, his heirs, executors, administrators and assigns, agrees to purchase said premises, and to pay therefor, to said first party at his office or place of business, the sum of two thousand six hundred dollars in the manner following, to-wit: Six hundred dollars on delivery of this contract, of this amount five hundred dollars is to be cash, and one hundred dollars chattel mortgage on crops raised on said farm, and due September 1, 1914, and the balance as follows: March 4, 1915, $100.00 and interest 6 per cent. on all remaining unpaid. March 4, 1916, from $100.00 to $300.00 and 6 per cent. on all remaining unpaid. March 4, 1917, $300.00 or more and a like amount each year thereafter with 6 per cent. interest on amount unpaid until full sum is paid in full, with interest at the rate of 6 per cent. per annum until due, and at the rate of 6 per cent. per annum thereafter, payable annually on the fourth day of March in each year upon so much of the purchase money as remains unpaid and,

3. Said second party also agrees that during the life of this contract, and within the time prescribed by law he will pay or cause to be paid, all taxes and assessments, ordinary and extraordinary, that shall by lawful authority be taxed or assessed upon the said land and appurtenances, including the taxes for the year A. D. 1914 and that the payment by him of such taxes on this contract shall not in any case be considered and treated as a payment on or offset against either the interest or principal of this contract.

4. Said second party further agrees to cause the buildings erected and to be erected upon said land to be insured and kept insured against loss and damage by fire, at his expense, by insurers and in manner and amount approved by said first party, and to either assign the policy and certificates of insurance to said first party or cause the same to be made payable, in case of loss, to said first party as his interest may appear.

5. And said second party further agrees that all buildings, erections and improvements now upon or that may hereafter be placed upon said premises, shall stand as security for the payment of the moneys hereby covenanted to be paid by him and shall not be removed from said premises without the written consent of said first party.

6. And it is mutually agreed, that in case said second party shall fail to pay taxes when due or effect insurance as aforesaid, said first party may pay such taxes, and effect such insurance, and all moneys paid by said first party for such taxes and insurance, and all charges thereon may be added to the amount due on this contract, payable forthwith, with interest at the rate of 6 per cent. per annum, from the date of such payments and shall be treated as a part of the money payable under this contract.

7. And in case default shall be made by said second party, his heirs, executors, administrators or assigns, in any of the conditions above stipulated to be by him performed, it shall and may be lawful for said first party if he shall see fit, to declare this contract void, such declaration to be made by brief notice thereof, addressed to said second party and delivered to him personally, or deposited in the post office at Lenox, Mich., and said first party shall have the right to re-enter upon the said premises at any time after such default, and shall be at liberty to sell the same to any person or persons whomsoever, without being liable in law or equity to said second party or any person claiming under him for any damages in consequence of such sale, or to return any payments made on account of this contract, and any payments that shall have been made may be held by said first party as stipulated damages for the non-performance of this contract. And said first party shall have a right to recover all damages sustained by reason of the holding over of said second party without permission; and, in case this contract shall be so declared void, the party of the second part shall thenceforth be deemed a mere tenant at will under said first party and shall be liable to be proceeded against under the provisions of the statutes regulating summary proceedings to recover possession of land, being Chapter 308 of the Compiled Laws of Michigan,

1897, and the acts amending the same, without notice to quit. Notice to quit being hereby expressly waived by second party.

8. It is hereby expressly understood and declared that time is and shall be deemed and taken as of the very essence of this contract; and that unless the same shall in all respects be complied with by said second party at the respective times and in the manner above limited and specified, that said second party shall lose and be debarred from all rights, remedies or actions, either in law or equity, upon or under this contract.