Agreement made this ...... day of......, 19-----, between

......, of......, party of the first part, and......, of......, party of the second part.

1. Said party of the first part, in consideration of the sum of

...... dollars to him duly paid, hereby agrees to sell unto the said party of the second part, all that (description) for the sum of......dollars, which the said party of the second part hereby agrees to pay the party of the first part, as follows: The sum of

...... dollars on the...... day of ...... next, the sum of

......dollars on the......day of......, 19...., with interest on each instalment from the date of these presents, at the rate of ......per cent. per annum, until the sum is paid.

2. Said party of the second part also agrees to pay all the taxes and assessments that shall be taxed or assessed on said premises from the date hereof until the said sum shall be fully paid as aforesaid.

3. And the said party of the first part, on receiving such payment, shall, at his own proper cost and expense, execute and deliver to the said party of the second part, or to his assigns, a good and sufficient deed of said premises, with full covenants of warranty.

4. It is mutually agreed between the said parties that the said party of the second part shall have possession of said premises on the ...... day of ......, 19...., and shall keep the same in good condition, as they are in at the date hereof, until the said sum shall be paid as aforesaid.

5. Until the completion of the purchase, on or before the

......day of......, 19-----, the said party of the second part shall hold the said premises as tenant to the vendor, as a yearly rent of......dollars, payable semi-annually, on the......day of......and on the......day of......in each year, the first of such payments to be made on the ...... day of ......,

19..... In case the rent paid in any year shall exceed ......

per cent. per annum upon the amount of the purchase money which shall, in any such year, for the time being, remain unpaid, such excess shall go to and be applied in reduction, pro tanto, of the principal of such certain purchase money.

6. If said party of the second part shall fail to perform this contract, or any part of the same, said party of the first part shall immediately, upon such failure, have the right to declare the same void, and retain whatever may have been paid on said contract, and all improvements that may have been made on said premises, and may consider and treat the party of the second part as his tenant holding over without permission, and may take immediate possession of the premises, and remove the party of the second part therefrom.

7. And it is agreed that the stipulations aforesaid are to apply to and bind the heirs, executors, administrators and assigns of the respective parties.

In witness whereof, etc.