Coa
sia

forthwith as the same becomes due, the Purchaser
will pay and satisfy all taxes, rates, levies,
water rates, charged, rents, assessments, statute
labour or other impositions whatsoever already
rated, charged, assessed, or imposed or hereafter
to be rated, charyed, assessed or imposed no
matter by whom or by what authority or howsoever
on the Landa; and

che Purchaser will insure and keep insured any
buildings and chattels cn the Lands against fire
and other hazards or contingencies as the Vendor
May reasonably require, to the amount of not less
than the full insurable valua thereof in dollars
currency, which policies of insurance shall be
delivered to the Vendor upon request and which
policies shall bear an endorsement making any
proceeds payable thereunder payable to the Vendor
as its interest may appear, and it is agreed that
the Vendor may caquire any such insurance to be
written by insurance companies acceptable tc the
Vendor, and may. at the Vendor's option, cancel
exieting ‘policies and raquire that new insurance
ba effected, and may, in the avent of failure by
the Purchaser to do so, effact and maintain any
‘insuzansca horein ‘provided for, and any amount or
amounts paid by the Vendor in respect’ thersof
Shall be payable by the Purchaser to the Vendor
forthwith on demand, and if not 30 paid such
amount or amounts shall bear interest at the rate
aforesaid (such interest to run from the date of
the making of such demand) and shall be added to
the purchase price and be a charge upon the Lands,
and the Purchaser shall forthwith on the happening
of any less or damage, furnish at the Purchaser's
own expense all necessary proof and do all
necessary acts to enable the Purchaser to obtain
payment of the insurance moneys, and any insurance
moneys received may, at the option of the Vendor,
be applied in rebuilding, reinstating or repairing
improvements or be paid to the Purchaser or any
other person appearing by the registered title to
be or to have an interest in the Lands’ or be
applied or paid partly in one way and partly in
another, or it may be applied, in the sole dis-
exetion of the Vendor, in whole or in part on the