if the purchase passes away during the enforcement of this agreement
the contracting parties agree for statutory heir of the purchaser to substitute all right and obligations hereunder
but the heir must notify such intention to the seller in writing with sixty days from the date the purchaser passed away
failure of such notification shall result in terminating the contract by the seller.
further for any payment terms hereunder which are delayed as a result of the death of the purchaser
the purchaser agrees for the seller to apply the inters rate against statury heir or administrator of the estate of the purchaser at the rate of 15 per annum from the outstanding payment due under each installment
the seller is under obligation to transfer the right under this agreement to the heir or legatee of the purchaser
nevertheless this must not result in the foreign ownership in the condominuim to exceed the rate as stipulated by the law