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<br />III IIIIIIIIIIIII III <br />999 <br />/ be terminated by such party, in which case the non defaulting <br />party may recover such damages as may be proper. In the event of <br />such default by the Seller, and the Buyers elect to treat the <br />contract as terminated, then all payments made here n shall be <br />returned to the Buyers. In the event of such defa It by the <br />Buyers, and the Seller elects to treat the contract as termi- <br />nated, then all payments made hereunder shall be fo feited and <br />retained on behalf of the Seller. In the event, ho ever, the <br />non-defaulting party elects to treat this contract as being in <br />full force and effect, the non-defaulting party shall have the <br />right to an action for specific performance and damag s. <br />c. All agreements, covenants and warrant'es on the <br />part of the parties contained in this Agreement shall survive the <br />closing hereunder and shall not be merged thereby. T is Agree- <br />ment may be recorded after closing at the instance f either <br />party. <br />d. The parties agree to execute such o <br />further documents as may reasonably be required, incl <br />out limitation, such documents as may be reasonably <br />adequately reflect all easements and rights of acce <br />granted or reserved. <br />e. All covenants and agreements set for <br />shall be considered covenants running with the land. <br />IN WITNESS WHEREOF, the parties hereto have <br />Agreement the day and year first above written. <br />~(~ ,_ .i .~ ., <br />W <br /> <br />per and <br />Sing, cvith- <br />squired to <br />s herein <br />herein <br />ted this <br />Seller <br /> <br />c_ <br />Buyers <br /> <br />-7- <br /> <br />_.y~ <br />