Common use of REMEDIES OF THE PARTIES Clause in Contracts

REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then Sellers, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers as compensation for the use of said property, and/or as liquidated damages for breach of this contract ; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 20 contracts

Samples: Real Estate Contract, Real Estate Contract, Real Estate Contract

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REMEDIES OF THE PARTIES. a. A. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then Sellers, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers as compensation for the use of said property, and/or as liquidated damages for breach of this contract ; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 2 contracts

Samples: cdn.steffesgroup.com, cdn.steffesgroup.com

REMEDIES OF THE PARTIES. a. A. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers Seller as compensation for the use of said property, and/or as liquidated damages for breach of this contract ; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 2 contracts

Samples: Real Estate Contract, Real Estate Contract

REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then Sellers, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers as compensation for the use of said property, and/or as liquidated damages for breach of this contract contract; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 2 contracts

Samples: Real Estate Contract, Option Agreement (Northwest Iowa Renewable Energy LLC)

REMEDIES OF THE PARTIES. a. A. If Buyers Buyer (ai) fail fails to make the payments aforesaid, or any part thereof, as same become due; or (bii) fail fails to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (ciii) fail fails to keep the property insured; or (div) fail fails to keep it in reasonable repair as herein required; or (ev) fail fails to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they Seller may have, at their Seller’s option, may proceed to forfeit and cancel this contract Contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers Buyer shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers Seller as compensation for the use of said property, and/or as liquidated damages for breach of this contract Contract; and upon completion of such forfeiture, if the BuyersBuyer, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 1 contract

Samples: www.sullivanauctioneers.com

REMEDIES OF THE PARTIES. a. If Buyers Buyer (a) fail fails to make the payments aforesaid, or any part thereof, as same become due; or (b) fail fails to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail fails to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they it may have, at their its option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers Buyer shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers Seller as compensation for the use of said property, and/or as liquidated damages for breach of this contract contract; and upon completion of such forfeiture, if the BuyersBuyer, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, over unlawfully after the expiration of leasea Lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 1 contract

Samples: Real Estate Contract

REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, property or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then Sellers, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture forfeiture, Buyers shall have no not right of reclamation or compensation for money paid, paid or improvements made; but such payments and/or improvements if any any, shall be retained and kept by Sellers as compensation for the use of said property, and/or as liquidated damages for breach of this contract contract; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 1 contract

Samples: Real Estate Contract (Southern Iowa Bioenergy LLC)

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REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, charges or any part thereof, thereof levied upon said property, the Real Estate or assessed against it, the Real Estate by any taxing body before any of such items become delinquent; or (c) fail to keep the property Real Estate insured; or (d) fail to keep it the Real Estate in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they may have, have and at their option, sole option may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, paid or improvements made; made but such payments and/or improvements improvements, if any any, shall be retained and kept by Sellers Seller as compensation for the use of said property, property and/or as liquidated damages for breach of this contract ; and upon contract. Upon completion of such a forfeiture, if the Buyers, Buyers or any other person or persons person(s) shall be in possession of said real estate the Real Estate or any part thereof, such party or parties in possession shall at once peacefully remove therefromtherefrom or, or failing to do so so, may be treated as tenants holding over, over unlawfully after the expiration of lease, a lease and may accordingly be ousted and removed as such as provided by lawin accordance with the laws of the State of Iowa.

Appears in 1 contract

Samples: www.sullivanauctioneers.com

REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, or any part thereof, levied upon said property, or assessed against it, by any taxing body before any of such items become delinquent; or (c) fail to keep the property insured; or (d) fail to keep it in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they may have, at their option, may proceed to forfeit 6 HopOtion,OmayHproUceed¶ toVforfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, or improvements made; but such payments and/or improvements if any shall be retained and kept by Sellers Seller as compensation for the use of said property, and/or as liquidated damages for breach of this contract ; and upon completion of such forfeiture, if the Buyers, or any other person or persons shall be in possession of said real estate or any part thereof, such party or parties in possession shall at once peacefully remove therefrom, or failing to do so may be treated as tenants holding over, unlawfully after the expiration of lease, and may accordingly be ousted and removed as such as provided by law.

Appears in 1 contract

Samples: Real Estate Contract

REMEDIES OF THE PARTIES. a. If Buyers (a) fail to make the payments aforesaid, or any part thereof, as same become due; or (b) fail to pay the taxes or special assessments or charges, charges or any part thereof, thereof levied upon said property, the Real Estate or assessed against it, the Real Estate by any taxing body before any of such items become delinquent; or (c) fail to keep the property Real Estate insured; or (d) fail to keep it the Real Estate in reasonable repair as herein required; or (e) fail to perform any of the agreements as herein made or required; then SellersSeller, in addition to any and all other legal and equitable remedies which they he may have, have and at their option, his sole option may proceed to forfeit and cancel this contract as provided by law (Chapter 656 Code of Iowa). Upon completion of such forfeiture Buyers shall have no right of reclamation or compensation for money paid, paid or improvements made; made but such payments and/or improvements improvements, if any any, shall be retained and kept by Sellers Seller as compensation for the use of said property, property and/or as liquidated damages for breach of this contract ; and upon contract. Upon completion of such a forfeiture, if the Buyers, Buyers or any other person or persons person(s) shall be in possession of said real estate the Real Estate or any part thereof, such party or parties in possession shall at once peacefully remove therefromtherefrom or, or failing to do so so, may be treated as tenants holding over, over unlawfully after the expiration of lease, a lease and may accordingly be ousted and removed as such as provided by lawin accordance with the laws of the State of Iowa.

Appears in 1 contract

Samples: www.sullivanauctioneers.com

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