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14. 15. . . . loss', costs and obligatIons, indudingreasonable a:ttorrrey's:fees;,on account of or arising out of any such injuries. However, Purchaser' shall have ,no obligation to Seller for such injuries which are caused by the negligence or intentional Wrongful acts or omissions of Seller. 10. 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 thereof 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. Such payment shall not postpone the due date of the amounts due under this Contract. The balance. if any, shall be the property of Purchaser. 11. ------- ---------,-, "'.. -- -1 DEAD AND MORTGAGE REGISTRY TAXES. Seller..sha)!"upon-Purchaser'sJylrperfor~jice of! r:-.: --- . ' ' ----. . --.. ,'- --~------------- --------, ,," ,"- tN_s'Gontract;~p-ayt.be.:A~~cttax -aue...upoii-fhe:'recording'bt -filin'g'of-the'-deed- to - be -deliven~'d- by S~_to:~_~~has_et-==-~agex~~istry-tax;=d,!~~pon-t~erecor_4!!!g~ or_filin~~_ t~,!~C5mtract-~~1 snaIl be paId by the Purchaser. -'- - " ----- ' 12. 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. , , . 13. PROTECTION OF INTERESTS.' 'If Purchaser fails to pay any sum of money required under the terms of this Contract or fails to perform any of the Purchaser's obligations as s,et forth in this Contract, Seller may, at Seller's option, pay the same of cause the same to be performed, or both. and the amounts so paid by Seller and the cost of such performance shall be payable at once, with interest, at a rate equal to six percent (6%) per annum and such amounts shall be added to the purchase price of the Property. Seller shall not hereafter create, suffer or permit to accrue, any mortgage, contact for deed, lien or encumbrance against the Property. In the event Purchaser causes a mechanic's lien to be filed against the Property (in its own name or by one of its subcontractors) so long as Purchaser shall in good faith contest the validity thereof. Purchaser shall post in favor of Seller a letter of credit 125% times the amount of such me~hanic's .Hen until such mechanic's lien is satisfied by appropriate legal proceedings or such mechanic's'lien expires by operation of law. DEFAULT. The time of performance by Purchaser of the terms of this Contract is an essential part of this Contract. Should Purchaser fail to timely perform any of the terms of this Contract, Seller may, at Seller's option, elect to declare this Contract canceled and terminate by notice to Purchaser in accordance with applicable law. Neither the extension of the time for payment of any sum of money to be paid hereunder nor any waiver by Seller of Seller's rights to declare this Contract forfeited by reason of any breach shall in any, manner affect Seller's right to cancel this ~~ntract because' of defaults subsequently occurring, and.. no.. extension of time shall be valid ~ unl~ss agreed to" irt'writing. ' After service of notice of d~fault and failure to cure such default within the period allowed. by law, Purchaser shall, UpOD- .d~~a,n~! surrender possession of the Property to Seller. by Purchaser shall be entitled to posse~~ion, of' ,the Property until the expiration of such period. ~~ISSIONS AND BROKERAGE FEES. N~!!~artY ~Q thi~J:fiffiSaction-is-represerited-bYa--OC" <broKer. The parties represent to one another that they have no knowledge of any real estate commissions or broker fees arising from or incurred by either party in connection with this transaction. If either party has entered into an agreement which gives rise to real estate 5