L ciereererersaerevimeser see inte ne)

TOR MAEY mE RCAC ES Ks Sha A aE KO AN NL NEE

6.1

the Purchaser shall Pay, Or cause to be paid, to
the Vendor the purchase price as pvrovided in
Paragraph 1 hereof;

forthwith as. the same becomas due, the Purchaser
shall pay and satisfy all taxes, rates, levies,
water rates, charged, rents, assessments, statute
labour or other impositions whatsoever already
rated, charged, assessed, or imposed ox hereafter
to he rated, charged, assessed or imposed no
matter by whom or by whaz authority or howsoever
on the Lands;

the Purchaser shall insure and keep insured any
buildings and chattels on the Lands against fize
and other hazards or contingencies as the Vendor
may faasonably require, to the amount of not less

than the full. insurable value thereof in dollars:

currency, which policies of insurance. shall be
delivered to. the Vendor upon vequest and. which
policies. shall. bear an. endorsemant making. any
procaeds ‘payable thereunder payable to the Vendor

as its interest may appear, and it is agreed that:
_ the Vendor may require any such insurance to be:

written by insurance companies acceptable to the
Vendor, and may, at the Vendor's Option, cancel
existing policies and require that new insurance
be effected, and may, in the event of failure by
the Purchaser to do so, effect and maintain any
insurance herein provided for, and any amount or
amounts paid by the Vendor in respect thereof
Shall be payable by the Purchaser to thea Vandor
forthwith on demand, and if not so 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 ba a charge upon the Lands,
and the Purchaser shall forthwith on the happening
of any loss or damage, furnish at the Purchaser's
own axpense all necessary proof and do all
necessary acts to enable the Purchaser to obtain
payment of the ingurance 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