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10. INSURANCE, GENERALLY. The insurance which Purchaser is required to procure and mai!.ltain pursuant to paragraphs 7 and 9 of mis contract shall be issued by an insurance company or <::ompanies licensed to do business in the State of Minnesota and acceptable to Seller. The insurance shall .x: maintained by Purchaser at aJl times while any amount remains unpaid under this contract. The insurance policies shall provide for not less than ten days written notice to Seller beiore cancellation, non- renewal, termination, or change in coverage, and Purchaser shall deliver to Seller a duplicate original or , certificate of such insurance policy or policies. 11. CONDEMNATION. If all or any part of the Property is taken in condemnation proceedings instituted under power of eminent domain or is conveyed in lieu mereof under threat of condemnation, the money paid pursuant to such condemnation or conveyance in lieu thereof shall be applied to payment of the amountS payable by Purchaser under this contract, even if such amounts are not then due to Be paid. Such amounts shall be applied first to unpaid accrued interest and next to the installments to be-paid -as provided in this contract in the inverse order of their mamrity. Such payment shall not postpone the due date of the installments to be paidpursuant to this contract or change the amount of such installments. The balance, if any, shall be the property of Purchaser. 12. WASTE, REPAIR, AND DENS. Purchaser shall not remove or demolish any buildings, improvements, or fixmres now or later located on or a part of the Property, nor -shall Purchaser commit or allow waste of the Property. Purchaser shall maintain the Property in good condition and repair. Purchaser Jihall not 'create or permit to accrue liens or adverse claims against the Property which constitute a lien or claim against Seller's interest in the Property. Purchaser shall pay to Seller all amounts, costs, and expenses, including reasonable attorneys' feell, incurred by Seller to remove any such liens or adverse claims. 13. DEED TAXES. Seller shall, upon Purchaser'~5-full performance of this contract, pay the deed taX due upon the recording oLfiling of the deed to be delivered by Seller to Purchaser. 14. NOTICE OF ASSIGNMENT. If either Seller or Purchaser assigns their interest in the Property, a copy of such assignment shall promptly be furnished to the non-assigning party. 15. PROTECTION OF INTERESTS. If Purchaser f-alls to pay any sum of money required under (he tenus of-this contract or fails to perform any of Purchaser's obligations as set forth in this contract, Seller may, at Seller's option, pay the same or cause the same to be performed, or both, and the amounts so paid by Seller and the cost of such performance shall be payable alonce, with interest at thente stated in p~gr-aph 4 of this contract, as an additional anrount due Seller under this contract. If there now exists, or if Seller hereafter creates, suffers, or permits to accrue, any mortgage, contract for deed, lien, or encumbrance against the Property which is not herein expressly -assumed by Purchaser, and provided Purchaser is not in default under this contract, Seller shall timely pay all amounts due thereon, and if Seller fails to do so, Purchaser may, at Purchaser's option, pay any such delinquent amounts and deduct the amounts paid from the installment(s) next coming due under this contract. 16. DEFAULTS. The time of performance by Purchaser of the terms of this contract is an essential part of1his contract. Should Purchaser fail to timely perform any of the terms of this contract, 5