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v.% 146 Pig 5. The vendor hereby agrees aad binds itself, its representatives and assigns, that in case the aforesaid sum of 1508.00 with the interest and other moneys shall be fully paid and all the conditions herein provided shall be fully performed at the times and in the manner above specified, they will, on demand, thereafter cause to be executed and delivered to the said purchaser, or his heirs or legal representatives, a good and sufficient Warranty Deed, in fee simple, of the premises above described, free and clear of all legal liens and incumbrances, except the taxes and assessments herein agreed to be paid by the purchaser and except any liens and incumbrances created by the purchaser, his heirs, legal representatives or assigns. The vendors also agree to furnish with said Warranty Deed an abstract of title to the premises herein described broug t to date at the time of delivery of deed and payment in full of contract, such abstract to show merchantible title in the vendor excepting any liens or encumbrances created or suffered by any act or omission on the part of the vendee, his legal representatives or assigns. 6. It is distinctly agreed and understood by and between the parties hereto, that, if the said purchaser shall fail to make any of the payments of purchase money and interest above specified, at the times and in the manner above specified, or fail to pay the taxes and assessments, as above stipulated, or violate any other terms or conditions herein contained, this agrement shall, at the option of the said vendor, be henceforth utterly void, notice thereof shall be deemed sufficient when mailed to the address of purchaser herein set forth, or such address as may hereafter be filed in writing with the vendor, and all payments thereof forfeited, subject to be revived and renewed only by the act of the vendor, or the mutual agreement of both parties. The vendor shall have the right, in the event of the default in the payment of any of said monthly payments or taxes so required to be paid, and the continuance of such default for a period of ten days, to declare the whole unpaid balance of principal and interest and any other items agreed to be paid by the vendee, due and payable forthwith.